Month: December 2017

In a New Year telegram to U.S. President Donald Trump, Russia’s President Vladimir Putin says a constructive dialogue between the two nations is essential for global stability. The Kremlin said Saturday that Putin emphasized in his Seasons Greetings to Trump that Russia and the U.S. could develop a “pragmatic cooperation aimed at long-term perspective” on
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As investors increasingly turn to passive investment vehicles such as ETFs, this year the funds saw record-breaking inflows of $476 billion and assets under management climb to $3.4 trillion. Even traditional money managers have rushed to launch their own exchange-traded funds. But the hot money has flowed into niche funds offering exposure to bitcoin, electric
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The U.S. dollar saw a stunning spiral downward this year, now tracking for its worst since 2003. One strategist closely looking at the dollar’s technical setup says the greenback’s current levels are at a key juncture. Matt Maley, equity strategist with Miller Tabak, breaks down possible scenarios for the dollar as it trades near these
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian is a buyer of JPMorgan. Tim Seymour is a buyer of Sea Limited. Carter Worth is a buyer of PotashCorp. Dan Nathan is a buyer of AutoNation. Trader disclosure: On December 28, 2017, the following stocks and commodities mentioned or intended
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Difficult times for Chipotle shareholders will not turn around anytime soon, according to one Wall Street firm. Cowen reiterated its underperform rating on Chipotle shares, predicting the company’s fourth-quarter sales will come in below expectations. “If Facebook check-in’s are indicative of traffic, data suggests the most recent weekly trend weakened to the softest levels of
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U.S. equity: 38 percentInternational equity: 34 percentU.S. fixed income: 23 percentOthers: 5 percentSource: ETF.com Not surprisingly, high yield bond ETFs (HYG) saw outflows, but they were modest. Mexico ETFs were also a loser (a reverse Trump trade). Gold miners also saw outflows, and despite talk of an infrastructure plan, utilities and transports both had negative
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The Vietnam Stock Index increased 46.9 percent year-to-date as investors bought into the country’s rapidly-growing economy. The country is technically still classified as a frontier market by MSCI, but has been working on improving accessibility to foreign investors as it tries to get an upgrade to emerging market status. Besides encouraging local companies to publish
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Check out the companies making headlines after the bell Thursday: Apple stock dipped slightly after the bell. The tech giant on Thursdays issued an apology to customers, after reports emerged that Apple introduced software that intentionally slows-down iPhones with older batteries. Shares of Mosaic rose more than 1.6 percent in relatively light volume after hours.
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For instance, in New Rochelle, New York, where a portion of taxes due in 2018 (and already assessed) are being accepted early, residents already have prepaid about $15 million. The average annual property tax bill there tops $18,000. “What we’re telling residents is that we’ll accept these prepayments but they should check with a financial
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