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3m
Fortune
Why the Global Oil Glut Could Deepen in 2016The world will store unwanted oil for most of 2016 as declines in U.S. output t
Why the Global Oil Glut Could Deepen in 2016
Fortune / Posted 3 minutes ago
The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said. The agency, which coordinates energy... Read more
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3m
USA Today
Tech Five: Yelp slumps off earnings, CFO changeShares of Yelp continue to slide after revealing its chief financial officer wi
Tech Five: Yelp slumps off earnings, CFO change
USA Today / Posted 3 minutes ago
Shares of Yelp continue to slide after revealing its chief financial officer will step down this year. Let's look at technology stocks to watch Tuesday: Yelp. Shares of the online recommendations service are down in Tuesday trading after announcing... Read more
3m
USA Today
Deutsche Bank CEO says bankNEW YORK --In an effort to soothe jittery investors, Deutsche Bank co-CEO John
Deutsche Bank CEO says bank
USA Today / Posted 3 minutes ago
NEW YORK --In an effort to soothe jittery investors, Deutsche Bank co-CEO John Cryan issued a surprise memo Tuesday saying the bank's balance sheet "remains absolutely rock-solid." The comments come as investors grow increasingly nervous about the... Read more
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USA Today
Sears warns Q4 worse than expected, accelerates store closuresSears (SHLD) will accelerate planned store closures and continue to purge other
Sears warns Q4 worse than expected, accelerates store closures
USA Today / Posted 3 minutes ago
Sears (SHLD) will accelerate planned store closures and continue to purge other assets to keep its business turnaround afloat after reporting Tuesday that the holiday season will fall short of expectations. Sears expects sales to come to $7.3... Read more
3m
The Columbus Dispatch
Wendy’s tops 4Q profit forecasts DUBLIN, Ohio (AP) — Wendy’s reported a 4.8 percent fourth-quarter sales incre
Wendy’s tops 4Q profit forecasts
The Columbus Dispatch / Posted 3 minutes ago
DUBLIN, Ohio (AP) — Wendy’s reported a 4.8 percent fourth-quarter sales increase at established locations in North America as the burger chain pursues a makeover of its restaurants. Wendy’s believes that the... Read more
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3m
The Columbus Dispatch
Wendy's 4 for $4 deal helps chain beat earnings expectations Wendy's walloped earnings expectations thanks in part to its popular 4 for $4
Wendy's 4 for $4 deal helps chain beat earnings expectations
The Columbus Dispatch / Posted 3 minutes ago
Wendy's walloped earnings expectations thanks in part to its popular 4 for $4 value bundle. The Dublin-based burger giant reported sales of $464 million for its fourth quarter, $8 million... Read more
4m
The Blues MAD
Everton move closer to US takeoverEverton appear to be edging closer to a takeover after talks with American inve
Everton move closer to US takeover
The Blues MAD / Posted 4 minutes ago
Everton appear to be edging closer to a takeover after talks with American investors John Jay Moores and Charles Noell. Moores, the former owner of Major League Baseball franchise the San Diego Padres, and his associate have been in negotiations... Read more
17 related stories
4m
Northern Echo
Banks feel the pain on global markets amid fears of impending crisisSpooked investors have been ditching bank shares in recent weeks amid anxiety t
Banks feel the pain on global markets amid fears of impending crisis
Northern Echo / Posted 4 minutes ago
Spooked investors have been ditching bank shares in recent weeks amid anxiety the sector could see a repeat of the 2008 meltdown due to the slowdown in China , wider global economic woes and the falling price of oil. Rock bottom interest rates - and... Read more
3 related stories
4m
Los Angeles Times
U.S. stocks stabilize after an early slide; Japan's market dives 5%U.S. stocks were moving between gains and losses in morning trading Tuesday as
U.S. stocks stabilize after an early slide; Japan's market dives 5%
Los Angeles Times / Posted 4 minutes ago
U.S. stocks were moving between gains and losses in morning trading Tuesday as investors digested the latest batch of company earnings news. Materials and technology companies were among the biggest risers as the market stabilized after an early... Read more
65 related stories
4m
Los Angeles Times
Viacom earnings fall 10% amid leadership drama and Paramount lossesMedia company Viacom Inc.'s struggles continued with a 10% profit decline in th
Viacom earnings fall 10% amid leadership drama and Paramount losses
Los Angeles Times / Posted 4 minutes ago
Media company Viacom Inc.'s struggles continued with a 10% profit decline in the company's fiscal first quarter, weighed down by a $146-million operating loss at its lackluster film unit, Paramount Pictures. Viacom Chief Executive Philippe Dauman —... Read more
5 related stories
6m
Sun-Sentinel
Sears to accelerate store closing planSears says it will accelerate plans to close unprofitable stores and will consi
Sears to accelerate store closing plan
Sun-Sentinel / Posted 6 minutes ago
Sears says it will accelerate plans to close unprofitable stores and will consider additional staff cuts as it tries to stem the red ink after what it called a "challenging" holiday selling season. Sears Holdings on Tuesday said fourth-quarter sales... Read more
2 related stories
8m
West Moreland Gazette
Banks feel the pain on global markets amid fears of impending crisisHigh street banks led further punishing share losses on global markets on worri
Banks feel the pain on global markets amid fears of impending crisis
West Moreland Gazette / Posted 8 minutes ago
High street banks led further punishing share losses on global markets on worries the sector is heading for another crisis. UK blue chip banks players were heavily in the red , with Barclays down 4% and Lloyds Banking Group and fellow State-backed... Read more
3 related stories
8m
NBC Philadelphia
Obama to Release $4 Trillion-Plus Budget for 2017President Barack Obama is unveiling his eighth and final budget, a $4 trillion-
Obama to Release $4 Trillion-Plus Budget for 2017
NBC Philadelphia / Posted 8 minutes ago
President Barack Obama is unveiling his eighth and final budget, a $4 trillion-plus proposal that's freighted with liberal policy initiatives and new and familiar tax hikes — all sent to a dismissive Republican-controlled Congress that simply wants... Read more
29 related stories
8m
Market Watch
Former J.P. Morgan exec fined $1 million over ‘London Whale’ debacleLONDON — A U.K. financial regulator on Tuesday fined a former J.P. Morgan Chase
Former J.P. Morgan exec fined $1 million over ‘London Whale’ debacle
Market Watch / Posted 8 minutes ago
LONDON — A U.K. financial regulator on Tuesday fined a former J.P. Morgan Chase & Co. executive more than $1 million for his role in the so-called London whale trading debacle of 2012 and his behavior during the subsequent investigation. The... Read more
8m
Market Watch
Why you should consider retiring abroadShutterstock.com In the U.S. alone, there are 10,000 baby boomers retiring eve
Why you should consider retiring abroad
Market Watch / Posted 8 minutes ago
Shutterstock.com In the U.S. alone, there are 10,000 baby boomers retiring every day, a trend expected to continue for the next 15 years. This means that about 3.6 million Americans are retiring each year. And more Americans are retiring outside of... Read more
8m
Market Watch
Twitter revenue could go big, but Wall Street won’t careAFP/Getty Images When Twitter Inc. reports earnings on Wednesday, revenue coul
Twitter revenue could go big, but Wall Street won’t care
Market Watch / Posted 8 minutes ago
AFP/Getty Images When Twitter Inc. reports earnings on Wednesday, revenue could be much larger than expected, based on the mobile ad growth trend that propelled Facebook Inc. and Google to earnings beats. Wall Street has been much more focused on... Read more
8m
Market Watch
In Bernie Sanders’ America, innovation doesn’t existAt the risk of being unkind, here’s the problem with Sen. Bernie Sanders, put i
In Bernie Sanders’ America, innovation doesn’t exist
Market Watch / Posted 8 minutes ago
At the risk of being unkind, here’s the problem with Sen. Bernie Sanders, put in appropriate terms for a candidate whose failing is less his dated socialism than his closed mind: The world has fallen and can’t get off Bernie’s lawn. The thinking on... Read more
8m
The Irish Times
Schauble says he’s not worried by Deutsche Bank’s woes“No, I have no concerns about Deutsche Bank,” Mr Schauble said after a meeting
Schauble says he’s not worried by Deutsche Bank’s woes
The Irish Times / Posted 8 minutes ago
“No, I have no concerns about Deutsche Bank,” Mr Schauble said after a meeting of French and German finance chiefs on Tuesday. He didn’t elaborate further. Deutsche Bank co-chief executive officer John Cryan told employees in a memo that the bank is... Read more
8m
Market Watch
Gold to stocks: Time isn’t on your side"Time flies over us, but leaves its shadow behind." - Nathaniel Hawthorne Ever
Gold to stocks: Time isn’t on your side
Market Watch / Posted 8 minutes ago
"Time flies over us, but leaves its shadow behind." - Nathaniel Hawthorne Every single day it seems that there is some writing which argues the "bottom is in" or makes the case that the decline has much further to go. It is utterly impossible to... Read more
8m
Market Watch
Wholesale inventories fall for third month in rowWholesale inventories decline again in December. Inventories at U.S. wholesale
Wholesale inventories fall for third month in row
Market Watch / Posted 8 minutes ago
Wholesale inventories decline again in December. Inventories at U.S. wholesalers fell in December for the third straight month, another sign companies cut back on restocking toward the end of 2015 amid softer sales. Inventories dropped 0.1% to a... Read more
2 related stories
8m
Market Watch
Gold futures turn lower after Monday’s rocket riseGold futures turned slightly lower Tuesday, following their best finish since m
Gold futures turn lower after Monday’s rocket rise
Market Watch / Posted 8 minutes ago
Gold futures turned slightly lower Tuesday, following their best finish since mid-June in a move underpinned by demand for haven assets. Global stocks continued to tumble Tuesday, with investors fretting that weak oil prices are a sign of faltering... Read more
8m
Spartanburg Herald-Journal
Noranda Aluminum files for bankruptcyST. LOUIS (AP) � One of North America's biggest makers of aluminum foil is seek
Noranda Aluminum files for bankruptcy
Spartanburg Herald-Journal / Posted 8 minutes ago
ST. LOUIS (AP) � One of North America's biggest makers of aluminum foil is seeking bankruptcy protection, saying it plans to halt production at a southeastern Missouri smelter within weeks. Noranda Aluminum Holding Corp. made the Chapter 11 filing... Read more
8m
Spartanburg Herald-Journal
Pennsylvania stuck in historic budget gridlockHARRISBURG, Pa. (AP) � Pennsylvania government will set a modern state record f
Pennsylvania stuck in historic budget gridlock
Spartanburg Herald-Journal / Posted 8 minutes ago
HARRISBURG, Pa. (AP) � Pennsylvania government will set a modern state record for budget gridlock on Tuesday when Gov. Tom Wolf sends lawmakers a spending proposal for the coming fiscal year with no full plan in place for the current fiscal year that... Read more
5 related stories
9m
NBC New York
Obama to Release $4 Trillion-Plus Budget for 2017President Barack Obama is unveiling his eighth and final budget, a $4 trillion-
Obama to Release $4 Trillion-Plus Budget for 2017
NBC New York / Posted 9 minutes ago
President Barack Obama is unveiling his eighth and final budget, a $4 trillion-plus proposal that's freighted with liberal policy initiatives and new and familiar tax hikes — all sent to a dismissive Republican-controlled Congress that simply wants... Read more
29 related stories
9m
The Marietta Times
Goodyear reports 4Q loss on hefty chargeNEW YORK (AP) — The Goodyear Tire & Rubber Co. on Tuesday swung to a fourth-qua
Goodyear reports 4Q loss on hefty charge
The Marietta Times / Posted 9 minutes ago
NEW YORK (AP) — The Goodyear Tire & Rubber Co. on Tuesday swung to a fourth-quarter loss on charges and tire sales fell, but the results still topped Wall Street expectations. The tire maker reported a loss of $380 million, or $1.42 per share,... Read more
25 related stories
9m
The Marietta Times
Goodyear reports 4Q lossAKRON, Ohio (AP) — The Goodyear Tire & Rubber Co. (GT) on Tuesday reported a fo
Goodyear reports 4Q loss
The Marietta Times / Posted 9 minutes ago
AKRON, Ohio (AP) — The Goodyear Tire & Rubber Co. (GT) on Tuesday reported a fourth-quarter loss of $380 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Akron, Ohio-based company said it had a loss of... Read more
25 related stories
9m
Investopedia
U.S. Recession Without a Yield Curve Warning?An inverted yield curve has been one of the most reliable indicators of a loomi
U.S. Recession Without a Yield Curve Warning?
Investopedia / Posted 9 minutes ago
An inverted yield curve has been one of the most reliable indicators of a looming recession. The seven recessions that the U.S. economy has experienced in the past were preceded by clear inversions of the yield curve. Professional bankers, traders,... Read more
2 related stories
9m
Salon.com
CVS meets 4Q profit forecasts, reaffirms 2016 outlookCVS Health’s fourth-quarter profit rose 13 percent, as acquisition gains helped
CVS meets 4Q profit forecasts, reaffirms 2016 outlook
Salon.com / Posted 9 minutes ago
CVS Health’s fourth-quarter profit rose 13 percent, as acquisition gains helped the drugstore operator and pharmacy benefits manager meet Wall Street’s earnings expectations. The Woonsocket, Rhode Island, company said its $10-billion acquisition of... Read more
6 related stories
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Investopedia
Analyzing Dish Network's Return on Equity (ROE) (DISH, TWC)Dish Network Corp. (NASDAQ: DISH) reported its return on equity (ROE) was 58.3%
Analyzing Dish Network's Return on Equity (ROE) (DISH, TWC)
Investopedia / Posted 9 minutes ago
Dish Network Corp. (NASDAQ: DISH) reported its return on equity (ROE) was 58.3% for the 12-month period ending September 2015. The company's net income was $1.3 billion, with a $2 billion shareholders' equity. Dish Network's ROE has oscillated wildly... Read more
9m
Investopedia
Best Mortgage Companies Friendly to RetireesConventional wisdom tells us that we should try to eliminate all debt – includi
Best Mortgage Companies Friendly to Retirees
Investopedia / Posted 9 minutes ago
Conventional wisdom tells us that we should try to eliminate all debt – including mortgages – before retirement. The reason is simple: Once retirement hits, the paychecks stop coming in; if you have no debt, your retirement savings will last longer.... Read more
2 related stories
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