Month: March 2019

(April 1): U.S. equity futures climbed alongside the Australian dollar as China manufacturing data eased concern about the pace of the global economic slowdown. Stocks in Asia looked set to rise, while the yen slipped. China’s first official economic gauge for March signaled a stabilization in the world’s second-largest economy. Futures on the S&P 500
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To help women successfully take control of their finances, she encourages investing with confidence, rather than stashing cash in a low-yield savings account. While zero-risk cash investments are entirely appropriate for short-term needs, such as an emergency fund, savers will lose money in the long run by trailing the rate of inflation. “We put and
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KUALA LUMPUR (March 31): A total of 121 infrastructure projects valued at RM13.93 billion nationwide offered through direct negotiations and limited tenders by the Barisan Nasional Government will continue after price negotiations by the Pakatan Harapan Government resulted in cost savings of RM805.99 million. These exclude mega projects such as the Light Rail Transit 3
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Wealthfront’s strategy is to automate an investment process that was once largely done by humans, from account set up to fund selection and account maintenance. All of this hinges on its customers trusting computers, hence, the firm’s target audience are tech-savvy millennial investors. So far, Wealthfront has signed up 270,000 accounts, with roughly $13 billion
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SEREMBAN, March 30: It will be a four-cornered fight for the Rantau State seat. When nomination closed at 10am, four candidates had submitted their nomination papers. According to Malaysiakini, they were Pakatan Harapan’s Dr S Streram, BN’s Mohamad Hasan and two aspiring Independent candidates R Malar and Mohd Nor Yasin. According to Bernama, Dewan Serbaguna
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CNBC’s Jim Cramer reminded investors not to step into a battleground stock, a situation where passionate bears are in a standoff with passionate bulls and there’s no where to go. “When you get a situation like Monster where a stock keeps getting mauled by the bears, but a couple of heroic analysts remain bullish, that’s
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Lyft’s $87 opening price is a “win for the system,” even though it may have been a loss for investors that were overeager, CNBC’s Jim Cramer said Friday. “I cannot stress this enough: we’re at the start of an IPO season that looks on track to bring a trillion dollars’ worth of companies public,” the
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KUALA LUMPUR (March 30): Maxis Bhd no longer wants to be just Malaysia’s leading mobile operator and is moving aggressively into homes and are knocking on businesses’ doors offering converged communications and digital services. CEO designate Gokhan Ogut, who will officially take the CEO chair come May 1, is steering Maxis from a mobile operator
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Shannon Stapleton | Reuters Signage for Lyft is seen displayed at the NASDAQ MarketSite in Times Square in celebration of its initial public offering (IPO) on the NASDAQ Stock Market in New York, U.S., March 29, 2019. Check out the companies making headlines midday Friday: Celgene — Shares of Celgene rose 7.8 percent after proxy
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Activist investor Starboard Value has ended its fight against Bristol-Myers Squibb’s buyout of biotechnology company Celgene after two prominent proxy advisors announced their support for the deal earlier on Friday. The withdrawal comes hours after both Institutional Shareholder Services and Glass Lewis recommended Bristol-Myers shareholders vote in favor of its bid. “Despite the substantial swell
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