Overstock.com Stock Drops Alongside Revenue
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06Sep
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06Sep
Nominations for Hot List end this week
InvestmentNews’ inaugural Hot List survey closes this Friday, Sept. 8. Readers are invited to nominate industry professionals who made a significant impact in 2023 to be recognized in this prestigious list. Financial advisors, wealth management professionals and executives who have at least 10 years of experience will be considered. If you...
06Sep
AMC shares fall as it announces plan to sell additional stock
Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022.Brendan McDermid | ReutersShares of AMC Entertainment fell sharply in early trading Wednesday after the theater chain said in a filing that it plans to sell up to 40 million new shares to raise cash.The stock was down 25%, bringing...
06Sep
Money market funds vs high-yield savings accounts: 4 key differences
When it comes to earning a decent yield on their savings, consumers may wonder: Should I choose a money market fund or a high-yield savings account?The purpose of each is similar. They generally serve as repositories for emergency funds or savings earmarked for the short term, perhaps to buy...
06Sep
Comcast, Disney move up deadline to decide Hulu future ownership
HuluRafael Henrique | SOPA Images | LightRocket | Getty ImagesThe timeline to decide Hulu's ownership fate has been moved up, Comcast CEO Brian Roberts said Wednesday.Comcast and Disney are set to begin those discussions on September 30, months earlier than the initial January 2024 deadline. The talks will include...
06Sep
SEC set to impose new fees on brokers to pay for audit-trail system
The Securities and Exchange Commission is poised to impose new fees on brokers to help pay for an expansive market-surveillance system. The plan to fund the audit-trail system to track billions of daily equities and options trades faces stiff opposition from industry trade groups and heavyweight players including Citadel Securities...
06Sep
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06Sep
RIA team running 401k to promote 401(k) plans
On any other week, Chuck Smith helps his clients save for the long run. This week, however, the Nebraska-based registered investment advisor will be running for the long save. Smith and his team at Qualified Plan Advisors will be running 401K — or 250 miles — in honor of National...
06Sep
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06Sep
Airlines warn about spike in fuel costs, Southwest narrows revenue outlook
A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada.Ethan Miller | Getty ImagesMajor U.S. airlines warned about a spike in jet fuel prices, adding to costs during the busy...