Sears Holdings Corp SHLD 7.99% shares are up 4.2 percent on Thursday after the company secured yet another funding lifeline to continue its ongoing turnaround strategy. Sears reported it has received a secured standby letter of credit facility, which will provide $200 million–300 million in credit to the struggling retailer.
TINYpulse recently composed a list of the five biggest workplace trends employees should expect to see in 2017. The predictions are based on a survey of more than 1,000 global organizations.
After a strong showing in 2015, Bitcoin investors experienced another strong year of performance from the popular cryptocurrency in 2016. Bitcoin followed up an impressive +26.3 percent gain in 2015 with a +119.8 percent gain in 2016. A large part of Bitcoin’s gains has come in the final weeks of the year. Since December 16,…
Overall, 2016 has been a great year for the stock market. The SPDR S&P 500 ETF Trust SPY 0.36% is on track to finish the year up roughly 11 percent. Traders are certainly entitled to take the last few days of the year to celebrate their 2016 wins and reflect on successes of the past…
The transition of TV into the digital age took a big step in 2016. In addition to streaming services like Netflix, Inc. NFLX 0.56% and Amazon.com, Inc. AMZN 1.99%’s Prime Video, over-the-top TV bundles like DISH Network Corp DISH 0.99%’s Sling TV and Sony Corp (ADR) SNE 0.84%’s PlayStation Vue burst onto the scene this year.
Now that the holiday shopping season is winding down, the Morgan Stanley sales team has come up with a new shopping list of small- and mid-cap (SMID) stocks for traders to buy in the final days of 2016.
Biogen Inc BIIB 0.49% shares were seen up 2.9 percent and Ionis Pharmaceuticals Inc IONS 1.57% up 4.42 percent on Tuesday following news that the FDA has approved Spinraza for treatment of spinal muscular atrophy. At the same time, shares of rival drug maker AveXis Inc AVXS 3.11% were seen down 4.18 percent on the…
According to new analysis from UBS Group, actively-managed funds are more underweight Apple Inc. AAPL 1.11% than any other stock relative to its benchmark weighting.
The European Central Bank has lowered the common equity tier 1 (CET1) ratio required for the largest German bank, Deutsche Bank AG (USA) DB 0.05%. CET1 capital includes common shares of stock, stock surpluses, retained earnings and accumulated other comprehensive income. The CET1 ratio is the ratio of CET1 capital to risk-weighted assets on a…
I was reading this article on CBNC about how somehow “most investors didn’t come close to beating the S&P 500 in 2016.” I guess that makes sense if most investors are investing in lower-risk assets other than stocks. And that’s fine, especially if you are older and/or nearing retirement.