Akron, Ohio-based FirstEnergy Corp. agreed to pay $230 million to resolve federal charges in connection with an alleged bribery scheme involving a $1 billion public bailout for two nuclear power plants owned by a bankrupt subsidiary with municipal debt. Federal authorities charged the public utility holding company with conspiring to commit honest services wire fraud.
Roughly every other glass of orange juice drunk around the world comes from the orchards of São Paulo state, boasts Duarte Nogueira. “We have everything beginning with the letter ‘C’,” says the mayor of Ribeirão Preto, a city four hours inland from the state capital, before reeling off the Portuguese names of produce cultivated in
The British government is exploring ways to remove China’s state-owned nuclear energy company from all future power projects in the UK, including the consortium planning to build the new £20bn Sizewell nuclear power station in Suffolk, according to people close to the discussions. The change in mood at the top of government also affects proposals
If you think that things are acting without any order or sense, you need to watch this video. I’ll tell you why stocks sell-off even if earnings are great. And sometimes, stocks have horrible earnings, but it goes to the upside. Let’s see why that is the case. #selloffstock #stockearnings #stocks #greatearnings #stockmarket #topstock Posted
Kevin Matras goes thru a step by step tutorial on how to use the stock screener on Zacks.com.
This week’s strategy video covers a very important scenario that all traders come across – trend breakouts that don’t turn out as expected. Textbooks say that if a trendline breaks, then that’s it – another direction is certain. David explains why this isn’t necessarily true and he gives us illustrations and examples of the so-called
Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them “radical.” New AML Body to Weed Out Suspicious Transactions in the EU,
What bond-market guru Mohammed El-Erian said Friday was enough to make bond investors listen like they’re in an old E.F. Hutton commercial. “Inflation is not going to be transitory,” the chief economic adviser at Allianz SE said in an interview on Bloomberg TV. El-Erian likened it to his belief in 1999 that Argentina would default,
In this article SPCE Virgin Galactic CEO George Whitesides CNBC | Michael Sheetz George Whitesides, the former CEO of Virgin Galactic, will fly on the company’s next spaceflight test, CNBC has learned. Sir Richard Branson made the announcement at a party on July 11 in Las Cruces, New Mexico — following his own spaceflight —
Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters A quarter of the way through earnings season, we are headed toward the best profit growth in over a decade. One fourth of the S&P 500 has now reported second-quarter earnings. Overall earnings are now expected
Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some mention of the central bank’s possible wind down of its bond program. That could move
In the past two decades, index and exchange-traded funds (ETF) have become some of the most popular forms of investing because they offer investors a passive way to gain exposure to a basket of stocks as opposed to investing in individual stocks which increases risk of loss. Since 2018, this trend has extended to the
If there is one thing the stay-at-home year of 2020 taught us, it is that a garden can be an escape, a source of joy, a way to get healthful exercise, a natural expression of ongoing change and a frame for the architecture of our homes. It is also a great way to show off.
Protesters surround the Los Angeles Superior Court on August 21, 2020 to prevent an upcoming wave of evictions in the city. Lucy Nicholson | Reuters Renters struggling with housing costs because of the pandemic have been shielded from eviction for nearly a year, but now the national ban on such proceedings will expire on July
The Puerto Rico Aqueduct and Sewer Authority plans to refund $1.8 billion of outstanding 2012 debt in an August deal, coming into a market that is starved for high-yield paper. For several months the authority and the Puerto Rico Oversight Board has mentioned the possibility of refunding the authority’s Series 2012A bonds. On Friday it
US stocks ended Friday at a new high, reversing steep losses at the start of the week, as fears about the Delta variant of coronavirus were soothed by strong corporate earnings and continued central bank support for financial markets. The S&P 500 climbed 1 per cent, lifting the index’s weekly gain to 2 per cent
A ticker symbol is a short version of a company name. Benefits of Ticker Symbols: -Every ticker symbol is unique (some companies have similar names and this eliminates confusion) -It is faster to type than a full company name -Faster for trade executions Examples: -McDonald’s = MCD -Facebook = FB -Caterpillar = Cat -Google =
Pull back the curtain on the Zacks Rank and discover why investors continue to beat the market year after year with this proven stock rating system.
Oscillators are among the most popular technical indicators used by traders. Here to talk about them is trading expert David Jones and he walks us through the way they function and how they should be used. As with all indicators there are many traps and tricks that need to be known to utilise them to
Few things in the cryptocurrency space generate more hype than a new token listing because the prospect of finding a rare 1000x coin continues to be a top goal of many crypto investors. Coin98 (C98) is the most recent example of this phenomenon after the Binance Smart Chain-based decentralized finance (DeFi) solution rallied 1,200% from