investing
Your Stock Trades Go Free but Your Cash Is in Chains
Freedom isn’t free, and free trades aren’t either. You no longer will pay a few bucks in commissions to buy or sell a security at these firms. But Schwab and other brokerage firms are in business to make money, and one way they often do that is by milking clients’ cash. When you trade for …
What investors need to know about a potential White House effort to block U.S. investment in China
Reports that the White House may be looking to clamp down on capital flows into China roiled Wall Street on Friday, as investors with exposure to Chinese firms struggled to make sense of what such moves would entail. Trump administration officials were having preliminary discussions on ways to limit Chinese companies from trading on U.S. …
Cloud Adoption Is Slowed by People as Much as Technology
NEW YORK—People issues can hinder a company’s move to the cloud just as much as technological hurdles, three finance and asset-management technologists said at an industry event Tuesday. Cultural challenges can emerge when a company makes the shift to cloud-based applications and processes. Finding and cultivating the right technology talent can lead a company to …
A Plumbing Giant Is Breaking Up. Here’s What That Means for U.S. Investors.
Text size Photograph by Samuel Sianipar Plumbing and heating firm Ferguson has been undervalued due to poor performance at its British business, but a new activist shareholder and a plan to separate operations could boost the stock. The United Kingdom–listed firm (ticker: FERG.UK) generates 90% of its sales in the U.S. In June, activist Nelson …
Why one of the world’s top investors says now may be the time to raise cash
‘In these factious times, investors are hard put to find their footing. They face rising uncertainty but falling returns. By some measures, uncertainty about economic prospects is currently highest on record. Further, policy makers seem to have limited ammunition to reflate economies.’ That’s the bleak assessment of the global landscape offered …
AT&T Explores Parting Ways With DirecTV Unit
AT&T Inc. T -1.08% is exploring parting with its DirecTV satellite unit, people familiar with the matter said, a move that would mark a sharp course correction in strategy for Chief Executive Randall Stephenson, who billed his $49 billion bet on the satellite provider as a key to the phone giant’s future. The telecom giant …
Small cap rally: Why this week will be make-or-break for the Russell 2000
For small-capitalization stocks, it’s been a year to forget. Since Aug 31 of 2018, the small-cap Russell 2000 RUT, -0.56% index has fallen more than 9%, compared to a rise of 3.6% …
Conservative Shelley Downey focusing on taxes, investing in green technology
Photo of North Island-Powell River Conservative MP Shelley Downey. (Supplied but Shelley Downey, Conservative Party of Canada) The 2019 Federal election is underway. Conservative candidate Shelley Downey is running in North Island-Powell River. She’s one of five candidates in the riding. Her party wants to focus on greener technology to …
3 JPMorgan traders indicted in alleged pricing scheme
The alleged conduct spanned eight years, the Justice Department said Monday. The government charged Gregg Smith, an executive director, and Michael Nowak, a managing director and head of the bank’s global precious metals desk. Both were current employees as of Monday morning, government officials said. The third person charged is Christopher Jordan, a former JPMorgan …
Technology Is Banks’ New Battleground
European banks are spending vast sums on technology—but it may not be enough to defend against the incursions of bigger, richer American rivals. U.S. lenders already dominate investment banking in Europe. The big risk for the continent’s banks is that slicker tech could give their American rivals a platform to make gains in lending to …
