Financial

Evaluating Berkshire Hathaway’s Stock Performance Below $465
August 14, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Berkshire Hathaway's stock has seen a notable increase of over 20% in the past year and is now close to its peak value.,The stock currently trades around 3% under its historical high, despite the impact of inflation, high interest rates, an...

Russia's Central Bank Cancels American Express' Russian Subsidiary License Amid Voluntary Liquidation
August 14, 2024 12:45 AM AEST| By Team Kalkine MediaRussia's central bank announced on Tuesday the cancellation of the banking license of,American Express Co's (NYSE:AXP),Russian subsidiary. This action comes after the U.S. financial services giant filed a voluntary liquidation request, following a de...

Goldman Sachs Highlights Potential Market Moves
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Recent fluctuations in the S&P 500 index have shown a volatile pattern, including an 8% surge followed by an 8% decline, with a recent rebound.,The index remains up by 12% year-to-date, influenced by anticipated interest-rate cuts, positive...

Robbins Geller Rudman & Dowd LLP Alerts MacroGenics, Inc. Shareholders: Legal Action for Substantial Losses Now Open
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Robbins Geller Rudman & Dowd LLP is calling on individuals who purchased MacroGenics, Inc. shares or sold MacroGenics puts between March 7, 2024, and May 9, 2024, to apply for the role of lead plaintiff in a class action lawsuit.,The lawsui...
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MetLife's Stock Lagging Behind S&P 500 YTD Returns: What Lies Ahead?
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,MetLife's stock performance is trailing the S&P 500 in YTD returns.,The stock has seen a significant rise since early 2021 but with inconsistent annual returns.,Recent financial performance shows an increase in revenues and adjusted net inc...

Volatility Funds Attract Attention as Market Sentiment Wavers
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Global managed volatility funds saw their first net inflows in over a year last month due to increasing market uncertainty and economic concerns.,Analysts predict continued interest in these funds as market volatility intensifies, driven by...

Wealth Broker Enhances Its Stock Trading App and Software
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Wealth Broker has upgraded its app to provide a unified platform for managing various asset types.,The app now supports multi-currency transactions and integrates with multiple banks and brokers for seamless portfolio updates.,This update a...

Top High-Yield Savings Choices for August
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,High-yield savings accounts and certificates of deposit (CDs) provide excellent options for maximizing savings.,High-yield savings accounts offer flexibility and higher interest rates compared to traditional savings accounts.,CDs offer a st...
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Understanding Globe Life’s Recent Financial Performance and Future Outlook
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Globe Life Inc. (GL) has demonstrated strong performance through higher life and health sales, improved asset management, and increased agent productivity.,Earnings projections for 2024 and 2025 suggest significant growth, with past earning...

The Impact of Cryptocurrency on the Energy Market and Environment
August 13, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Cryptocurrency mining, particularly Bitcoin, has substantial effects on energy use and environmental health due to high electricity consumption and reliance on fossil fuels.,The mining process contributes to electronic waste and excessive h...

Americans' Emergency Fund Status
August 13, 2024 02:25 AM AEST| By Team Kalkine MediaHeadlines,Over half of Americans have at least three months of emergency savings.,Emergency funds help avoid debt during unexpected expenses.,Steps to build emergency savings include opening a high-yield savings account, contributing regularly, and a...

Traders Explore Alternatives to Full Stock Exposure
August 13, 2024 02:15 AM AEST| By Team Kalkine MediaHeadlines,After a volatile week for the S&P 500 Index, traders are hesitant to fully re-engage with stocks.,Risk reversals and call spreads are becoming more popular as cost-effective strategies to navigate market directions.,Market volatility is exp...

Global Stock Markets Show Mild Gains While Yen Weakens Ahead of Key U.S. Economic Data
August 12, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,European and U.S. futures markets saw modest increases on Monday, while Japan's yen weakened as a holiday in Japan eased recent volatility.,After a decline last week triggered by weak U.S. jobs data and adjustments in yen trading strategies...

Nasdaq Proposes Stricter Delisting Rules for Penny Stocks
August 10, 2024 03:25 AM AEST| By Team Kalkine MediaHeadlines,Nasdaq Inc has proposed rule changes to enforce a stricter and quicker delisting process for penny stocks.,Companies,failing to meet,the,minimum,price requirement of $1 per share for 360 days will face immediate suspension and delisting wit...

Voyager Acquisition Corp. Prices $220 Million Initial Public Offering
August 10, 2024 03:20 AM AEST| By Team Kalkine MediaHeadlines,Voyager Acquisition Corp. announced its $220 million,initial,public offering (IPO), with units priced at $10.00 each.,The units will trade under the ticker symbol VACHU on Nasdaq starting August 9, 2024.,Cantor Fitzgerald & Co. and Odeon Ca...

Stocks Surge as Positive Jobless Claims Data Boosts Market Confidence
August 10, 2024 03:15 AM AEST| By Team Kalkine MediaHeadlines,US stock indexes experienced a significant rise on Thursday due to positive jobless claims data.,The,S&P 500,had its best day since 2022, with the Dow and Nasdaq also seeing substantial gains.,The information technology sector and pharmaceu...

Recession Risks Roil Markets but Not Yet Alarming
August 10, 2024 02:50 AM AEST| By Team Kalkine MediaHeadlines,Disappointing U.S. jobs data has raised concerns about a potential recession, affecting global markets.,Abandonment of the yen carry trade has contributed significantly to market turbulence.,Various economic indicators present a mixed pictu...

Two Conflicting Forces Will Shape Stock Performance for the Rest of 2024
August 10, 2024 02:40 AM AEST| By Team Kalkine MediaHeadlines,Mixed economic signals are influencing stock market expectations for the rest of 2024.,Recent unemployment surge has heightened recession fears, but corporate earnings,remain,robust.,Stock market direction depends on corporate earnings resi...

Raymond James CIO: The US Economy is Slowing but Not Facing Collapse
August 10, 2024 02:30 AM AEST| By Team Kalkine MediaHeadlines,Despite recent volatility, the US economy is decelerating but not heading towards a collapse.,Market reactions have been influenced by premature fears of a recession and sudden Federal Reserve actions.,The tech sector's performance, particu...

How the S&P 500 Predicts Presidential Elections
August 10, 2024 02:30 AM AEST| By Team Kalkine MediaHeadlines,The,S&P 500,has accurately predicted presidential election outcomes 83% of the time since 1928.,The stock market's performance in the three months before an election is a key indicator.,Positive market performance typically,favors,the incum...