Monthly Archives: July 2015

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Movers & Shakers: AIG shares largely unmoved by earnings beat, buyback, dividend hike

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American International Group Inc. shares rise fractionally in the extended session Monday after the insurer tops Wall Street earnings estimates for the quarter, increases its stock buyback authorization and hikes its dividend.

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U.S. stocks end lower Friday but notch monthly gains

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U.S. stocks end lower Friday but notch monthly gains Continue reading

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UPS buys Coyote for $1.8B to cure holiday blues

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United Parcel Service Inc. said it agreed to buy shipping-services provider Coyote Logistics LLC for $1.8 billion, which would expand its presence in the burgeoning freight-brokerage business and help it handle the volatility of its peak holiday season… Continue reading

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Oil’s decline in July is steepest monthly slide of 2015

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Oil’s decline in July is steepest monthly slide of 2015 Continue reading

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Twitter on track for biggest one-week decline since early May

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Twitter on track for biggest one-week decline since early May Continue reading

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July ends as gold’s worst month in two years

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July ends as gold’s worst month in two years Continue reading

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Should You Join The Buy And Hold Stampede?

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Given the markets performance over the past six years it’s no wonder that so many investors have joined the buy-and-hold parade. But as the investment herd stampedes in the passive direction this may be a good time to step-back and consider the l… Continue reading

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July is best month in past five for European stocks

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July is best month in past five for European stocks Continue reading

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Legg Mason tops estimates though AUM shrink

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Money-manager Legg Mason Inc. said profit in its latest quarter rose, despite a decline in assets under management. Results edged in above Wall Street expectations, pushing shares 2.6% higher in morning trading. The Baltimore-based firm said its assets… Continue reading

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Brazil Lawyer Defending Corrupt Execs In Petrobras Scandal Steps Down, Cites Political Threats

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The lawyer representing the bad guys in Brazil’s biggest scandal ever has fled the coup, citing threats by those in political power who think her jailbird clients are talking too much. Continue reading

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