Month: November 2018

The platform also lets advisors monitor assets that clients hold elsewhere – such as 401(k) accounts – in order to make more accurate financial plans. The platform includes four main parts: portfolio advice, which lets advisors construct portfolios and screen investments; portfolio risk, which helps advisors evaluate the risks changes could bring to a portfolio
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Markets in Europe are expected to follow Asia’s downbeat session, after news emerged that Nissan’s Chairman Carlos Ghosn was arrested yesterday, over allegations concerning financial misconduct. Nissan released a statement on Monday, which said that “over many years” Ghosn and board director, Greg Kelly, had been under-reporting compensation amounts to the Tokyo Stock Exchange securities
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The Trump administration’s mixed messaging on trade with China could result in increased tensions between the United States and the People’s Republic, CNBC’s Jim Cramer said Monday as the major averages endured a technology-led sell-off. After hearing the hard-line stance embraced by Vice President Mike Pence in his Oct. 4 speech at Washington’s Hudson Institute,
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Schlumberger Ltd.: “My charitable trust owns SLB and it owns BP because these have good yields and good balance sheets and I think that oil is not done. I was going back and forth with my colleague today and he said, ‘Listen, you’ve got to be really careful. This is the twilight of fossil.’ And
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Check out the companies making headlines after the bell: Urban Outfitters shares rose over 6 percent during after-hours trading Monday after the retailer beat analysts’ expectations on revenue and earnings. The company reported earnings of 70 cents a share versus an estimate of 62 cents a share. Third-quarter revenue was $974 million, while analysts had
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Student loan borrowers with cancer can now pause their payments. Under the rule, included in a recent bipartisan congressional spending package, borrowers are exempt from student loan payments throughout their treatment for cancer and then for six months afterward. Additionally, interest will not accrue during the postponement. Some cancer patients can rack up an extra
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UBS said General Electric will be able to reduce its debt “to far more acceptable levels by 2020,” despite fears the industrial conglomerate’s bonds could soon become junk-rated. That debt is “far and away” the most pressing concern for GE investors, said UBS analyst Steven Winoker in a note on Monday. That concern was abundantly
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The Democratic representative also proposes to swap the word “Credit” for “Protection” in the Financial Institutions and Consumer Credit Subcommittee. That signals a focus on shielding consumers from business malpractice — something she has said the Consumer Financial Protection Bureau under its head Mick Mulvaney has failed to do. Mulvaney and other conservatives have argued
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Andy Buchanan | AFP | Getty Images Jim Ratcliffe visits the Ineos oil refinery in Grangemouth, Scotland. The U.K.’s wealthiest man, Jim Ratcliffe, could soon hold a larger influence over North Sea oil, with his company in exclusive negotiations with ConocoPhillips for its British assets. ConocoPhillips confirmed to CNBC via email Monday that it was
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ARis Oikonomou | AFP | Getty Images Tim Cook, CEO of Apple, speaks in Brussels, on October 24, 2018.  Apple CEO Tim Cook didn’t name names when he spoke out against the privacy practices of big tech companies during a keynote speech in Brussels last month. But he didn’t have to. “We shouldn’t sugarcoat the
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