admin
DETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S. automotive industry was on the brink of bankruptcy during the Great Recession.Ford, which avoided bankruptcy in 2008-2009, is far from any sort of such disaster, but…
We’re making four trades Monday morning. Shortly after the opening bell, we will be selling 100 shares of Danaher at roughly $274.13. Following the trade, Jim Cramer’s Charitable Trust will own 475 shares of Danaher, decreasing its weighting in the portfolio to 4% from 4.84%. In addition, we will be selling…
Inflation has caught up with McDonald’s, and budget-conscious Americans are looking elsewhere for their fast-food fix. But McDonald’s believes it has a solution: Value meals. McDonald’s on Monday reported that sales at US stores open at least a year fell 0.7% last quarter from the same period a year earlier,…
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Maybe Mark Twain but could be Josh Billings or someone else entirely The Great Rotation from large cap stocks to small cap and value stocks, that started a…
Many European pharma executives have something in common with Olympic athletes. As this summer’s Paris games will prove, being an “also-ran” can be brutal. Sponsors love winners, even if other competitors have compelling stories. In the pharma sector, investors’ approach is no different.The market’s obsession with weight loss treatments has…
Text messages between law enforcement before the assassination attempt against Donald Trump earlier this month suggest that some officers raised the shooter’s presence at the rally more than 90 minutes before he climbed onto a roof and fired eight rounds at the former president. In text messages obtained by Republican…
An increasingly popular way to avoid probate and other estate planning issues is the transfer on death or payable on death account. There can be more to these accounts, which I’ll refer to as TODs, than many people realize. Most financial institutions now have a specific form that is completed…
The best state to retire in 2024 is also one of the smallest in the U.S.At around 96 miles long and 35 miles wide, Delaware ranks as the No. 1 state to retire this year, according to Bankrate’s list of the best states to retire for 2024. Last year, it…
Twenty years ago, when I was 35, I left my life in the greater Boston area to pursue a job opportunity in glamorous Milan. Prior to the move, I had earned my MBA from the University of South Carolina. During my studies, I did an exchange program with Bocconi University’s business…
One of the year’s most hotly anticipated movies, “Deadpool & Wolverine,” is so far delivering on its promised hype with $96 million in domestic sales in its opening night, according to Comscore data. The summer blockbuster is on track to exceed $200 million domestically for the weekend, say industry analysts.…