On Monday, S&P Dow Jones Indices and MSCI reshuffled their sector lineup. They replaced the stodgy, underperforming telecom services sector with a new, expanded communications services sector that now includes stocks that were previously in the information technology and consumer discretionary sectors, such as Alphabet GOOG, -1.86% GOOGL, -2.03% Facebook FB, -0.66% Netflix NFLX, -3.33%
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DALLAS — HilltopSecurities has named Piper Jaffray senior executive managing director M. Bradley Winges as president and chief executive, succeeding Hill A. Feinberg, who remains chairman. Winges, 51, has worked 27 years at Piper Jaffray where he headed fixed income securities and municipal sales and trading along with other departments. He is also on the
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Wall Street angst over a possible recession may be increasing, but one bull refuses to waver. Federated Investors’ Steve Chiavarone believes there’s nothing on the horizon that suggests the 2018 market corrections will become a massive downturn next year. Rather, he sees stocks hitting fresh record highs — citing labor market trends, inflation levels, the
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Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM). ——————- Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regarding investing: “When there is blood in the street” (James in the mid-19th century and Nathan, after the battle of Waterloo). The family has been
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Bitcoin price is tumbling further today, dashing any hopes of a rally that some felt was certain thanks to current extreme oversold conditions. The world’s largest coin by market cap is currently selling for $3,301.60 USD according to coinmarketcap.com. But earlier today, it fell to $3,200, representing a 15-month low for Bitcoin and not helping bulls’ hopes for a
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The pessimistic sentiment around bitcoin prices saw the number of shorts hit a six-week high on Thursday. The BTC/USD short positions on the cryptocurrency exchange Bitfinex jumped to 37,891 – the highest level since Oct. 15 – and were last seen at 36,996. Notably, shorts have risen by 95 percent in the last three weeks, accompanying
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Share to facebook Share to twitter Share to linkedin Just a handful of long-term bond funds are cheap to own for a brief interval. Shutterstock If you want to make a bet on declining interest rates, shares in a fund that owns long-term bonds are a good option. This table ranks exchange-traded long-term bond funds on
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IBM Chief Human Resource Officer Diane GhersonDiane Gherson/IBM When it comes to the forefront of the global human resources landscape, Diane Gherson is someone you want to know. As Chief Human Resource Officer at IBM, Diane has helped to revolutionize IBM over the past 13 years. Under her leadership, she has transformed global workforce outcomes
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Pessimism among investors shouldn’t deter people from carefully buying shares of high-quality companies that have endured massive declines, CNBC’s Jim Cramer said Friday after a widespread sell-off in the stock market. On Thursday, survey results from the American Association of Individual Investors showed that pessimism among retail investors was at its worst in some 5½
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SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are Oracle Corp., Smith & Wesson Holding Corp., and Family Dollar Stores Inc. After Thursday’s closing bell, Oracle ORCL, -1.35%  said its fiscal fourth-quarter profit fell to $3.65 billion from $3.81 billion a year earlier. Per-share earnings
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Share to facebook Share to twitter Share to linkedin These 15 funds are the cheapest in their categories for short-term speculations.  Shutterstock Owning a bond fund is one way to bet on a decline in interest rates. The table ranks the cheapest exchange-traded funds for three-month holding costs on a $10,000 investment. 3-month Holding Cost*
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U.S. filings for unemployment benefits fell last week to the lowest since September, returning to hover near an almost five-decade low and signaling the labor market remains tight after what some economists saw as possible cooling signs. Jobless claims dropped to 206,000 in the week ended Dec. 8, below the 226,000 median estimate in Bloomberg’s
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