Corporate insiders could be barred from selling stock within a certain time period after share buybacks are announced, if one Democratic senator has his way. Sen. Chris Van Hollen of Maryland pointed to evidence from a Securities and Exchange Commission study indicating that share repurchases are benefiting corporate insiders at the expense of long-term investors.
Month: March 2019
Check out the companies making headlines after the bell: Shares of NIO tanked more than 8 percent in extended trading after the Chinese electric automaker released its fourth-quarter earnings results, noting a slowdown in vehicle deliveries. “Deliveries of the ES8 in January and February 2019 were 1,805 and 811 vehicle respectively, which reflect a greater
According to experts from tech consultancy, Booz Allen Hamilton, the renewable energy markets across the Gulf Cooperation Council (GCC) can be made more secure and cost-efficient using the blockchain. Blockchain and Renewable Energy Markets Cointelegraph details the GCC as a “regional political and economic union that includes all the Arab states of the Persian Gulf except
The open-source developer group behind the dollar-pegged, ethereum-backed stablecoin DAI is considering whether higher fees could help stave off mounting liquidity issues. During the weekly developer call on Feb. 28, some token holders, including MakerDAO founder Rune Christensen, voiced concerns about whether the peg, the mechanism by which the cryptocurrency holds a stable value, can continue
To connect park parcels currently separated by busy roads, a land bridge over at-grade tunnels is part of the master plan for transforming Memorial Park in Houston.Courtesy of MIR As it nears the century mark in 2025, Houston’s 1,500-acre Memorial Park is implementing a master plan of changes intended to preserve, restore and enhance the
New York state regulators have issued a subpoena to the insurance brokerage Aon for President Donald Trump’s company as part of a large probe into the Trump Organization’s business practices. The nine-page subpoena to Aon was issued by the New York Department of Financial Services late Monday evening, according to a source familiar with the
View The immediate outlook on bitcoin will remain neutral while prices are trapped in the range of $3,658-$3,900. A repeated failure to beat the 5-week MA support at $3,703 could invite buying pressures and yield a rally above $4,000, as that average is reporting bullish conditions for the first time since August. A UTC close
Stocks just closed out the best two-month start to a year in decades, as the S&P 500 has surged 11 percent in 2019. For investors looking to get in on the historic rally, one technician has three stocks you can still buy. “The theme here being stocks that have a history of growing their dividend
Check out the companies making headlines after the bell: Shares of Salesforce.com fell more than 3 percent in extended trading Monday after issuing weak first-quarter revenue guidance. The software company released better-than-expected fourth-quarter earnings, posting earnings per share of 70 cents on revenues of $3.60 billion. Wall Street expected earnings per share of 55 cents
There has been quite the turn of events with the “lost” QuadrigaCX cryptocurrency case recently. The digital tokens may have just been found! The cryptocurrency exchange’s founder, Gerald Cotton, died in December 2018 from Crohn’s disease, allegedly taking $190 million in crypto with him. At the time, it was said that Cotton was the only individual to
TradingView, the U.S.-based provider of financial markets data charts and analysis, has added a cryptocurrency index to its platform for the first time. Crypto exchange Huobi announced Monday that TradingView has added its “HB10” index, in a move it said showed the “continued maturation” of the digital assets industry. The index can already be accessed
Share to facebook Share to twitter Share to linkedin This house on Vashon Island in Washington State is 1750 SF and built with SIPs and a timber frame by FabCab architects. It was built to high levels of efficiency and certified by Built Green-3 star rating.Photo curtesy of Dale Lang for Prefabulous Small Houses published
U.S. construction spending unexpectedly fell in December as investment in both private and public projects dropped, further evidence the economy lost momentum at the tail end of 2018. The Commerce Department said on Monday that construction spending declined 0.6 percent after an unrevised 0.8 percent increase in November. Economists polled by Reuters had forecast construction
View Bitcoin’s drop to six-day lows below $3,700 has taken the shine off the bullish “long-tailed doji” created on Feb. 27. A bearish reversal would be confirmed if prices see a UTC close below $3,658 (low of long-tailed doji) and could yield a sell-off to recent lows near $3,300. A bearish close below $3,658, however,
If you’re not comparison shopping when looking for a home loan, you’re probably losing money when you take out a new mortgage. Half of home buyers look to only one lender when buying a home, according to a survey from NerdWallet. And that is a mistake, according to the personal finance website. If you compare
Check out the companies making headlines midday Friday: Tesla — Shares of Tesla fell 7.58 percent after the company’s underwhelming announcement that it will be launching its standard Model 3. Barclays analyst Brian Johnson even called it the “un-iPhone moment.” The electric car maker also announced store closures and layoffs in an effort to reduce
VANCOUVER, B.C., March 01, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B:FF), a key player Logistics & Payment Systems with Artificial Intelligence is opening their flagship digital payments division through one of its wholly-owned subsidiaries. uBUCK Technologies SEZC (“uBUCK Tech”) will be located in Tech City Cayman, a special economic zone by Cayman Enterprise
Crypto exchange Kraken is offering up to $100,000 to anyone who can help solve this year’s biggest blockchain mystery: what happened to QuadrigaCX’s coins? Kraken announced Thursday it would pay the reward to users who could help it locate the missing funds. Any tips sent to the platform will, in turn, be shared with law enforcement,
Share to facebook Share to twitter Share to linkedin McLaren driver Fernando Alonso of Spain, center, celebrates flanked by Mansour Akram Ojjeh prior to the Emirates Formula One Grand Prix at the Yas Marina racetrack in Abu Dhabi, United Arab Emirates, Sunday, Nov. 25, 2018. McLaren veteran Fernando Alonso’s will drives his last ride in
Home buyers are coming back to the market, possibly due to lower mortgage rates. Pending home sales, a measure of signed contracts to buy existing homes, increased 4.6 percent in January compared with December, according to a monthly survey from the National Association of Realtors. Contracts, however were still 2.3 percent lower compared with a
The number of short bets placed against the price of bitcoin on at least one notable exchange declined to their lowest total in 11 months on Sunday. Data from Bitfinex shows that bitcoin’s 8 percent drop in price on Sunday was accompanied by a 12 percent drop in the notional value of open short positions,
History signals March will be a positive month for the stock market. According to Bespoke co-founder Paul Hickey, the S&P 500 gained an average of 2.39 percent between 2009 and 2018, the current bull market. “It tends to start off on a relatively quiet note — flat — and the bulk of the gains have
The Atlanta Fed’s GDPNow initial model estimate shows negligible growth for the first quarter of just 0.3 percent. The Atlanta Fed notes that the initial estimate of fourth quarter real GDP growth, released Thursday, was 2.6 percent, or 0.8 percentage points above its final GDPNow model forecast that it released on Wednesday. The report, which
The cryptocurrency world is noticing TRON. The blockchain network is developing a host of new legitimate platforms on its protocol. Now, notorious crypto enthusiast, John McAfee, loves one of the latest: TRON’s VibraVid platform. TRON’s VibraVid and Further Protocol Developments One of TRON’s most anticipated projects is BitTorrent Speed (expected in Q2 according to the website). Its purpose,
Ernst and Young (EY), the court-appointed monitor for QuadrigaCX, has finally provided blockchain addresses for the ailing crypto exchange’s cold, or offline, bitcoin wallets. And aside from $400,000 worth of bitcoin that was accidentally sent to the cold wallets in early February, they are empty, meaning $100 million of the cryptocurrency is still missing. EY released
Home buyers should own the appraisal(c) CanStockPhoto / AndreyPopov This article is the second on simple changes in financial regulation that can be implemented by executive action. They do not require funding by the Government or the concurrence of Congress, yet would pay huge dividends to homebuyers. The change discussed last week, requiring lenders to
If you’ve bought your first home in the past five years, you’ve probably learned some tough lessons. And that learning curve could cost you. A new survey from personal finance website NerdWallet takes a look at homebuyer trends. And the research finds that first-time homebuyers more often face disadvantages at the negotiating table. Individuals shopping
With February’s crypto market activity now etched in the record books, signs are emerging that a long crypto winter may be close to an end. The total market value of all cryptocurrencies jumped 14.14 percent over the 28-day period – the first monthly gain since July, according to CoinMarketCap, largely due to signs of life in
CNBC’s Jim Cramer on Friday said Norwegian Cruise Line Holdings has caught his attention as a top performer with strong guidance in 2019. The “Mad Money” host said the company stands out because it’s the biggest winner in the cruise line category and the stock has risen 40 percent so far this year. The industry
Job growth has remained vibrant despite the slow-growing economy, and that’s a trend investors are anxious to see confirmed in the February employment report on Friday. Even with some economists expecting growth around 1 percent for the first quarter, the labor market has been strong, and economists expect to see 185,000 jobs added in February.