Month: June 2020

Fidelity Management & Research is one of the largest, most recognizable mutual fund and brokerage providers in the United States. Edward Johnson founded the company in Boston in 1946, and today it is led by his granddaughter, chairman and chief executive officer Abigail Johnson. Fidelity services 32 million investors and 75 million customer accounts. A
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(L-R) Michael Corbat, chief executive officer of Citigroup Inc., Jamie Dimon, chief executive officer of JPMorgan Chase & Co., James Gorman, chief executive officer of Morgan Stanley, Brian Moynihan, chief executive officer of Bank of America Corp., Ron O’Hanley, president and chief executive officer of State Street Corp., Charles Scharf, chief executive officer of Bank
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Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell. Micron Technology — The technology company’s stock jumped as much as 6% in extended trading
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With the sixth-longest coastline in the U.S. and reliably friendly summer weather, North Carolina features a number of beach towns that are perennial favorite vacation destinations for both North Carolinians and tourists from out of state. There are well over a dozen popular beach towns in North Carolina, but among the most popular, and the
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Known to millions as the Queen of Domestic Arts, Martha Stewart is a successful entrepreneur who built a media empire from scratch out of the old adage “there is no place like home.” During her pinnacle moments as a prominent media mogul, she found her name among the world’s wealthiest and powerful business leaders on the Forbes
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At least 2,000 Amazon warehouse workers in Germany have gone on strike over safety concerns relating to coronavirus, after a surge in cases at two of its fulfilment centres reignited tensions over the company’s efforts to protect staff. Employees at six Amazon facilities did not clock into work on Monday, according to the union Verdi,
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A passenger walks through Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, April 29, 2020. Kevin Lamarque | Reuters Direction requests Data from navigation tool Apple maps
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Note: This article was released to CEF/ETF Income Laboratory members on June 22, 2020, and data are from that date. This month, I’d like to take a look at Pioneer High Income Trust (PHT), the second-highest ranked “DxYxZ” fund (good combination of discount, yield and z-score). It closed last Friday with a discount of -12.73%,
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The fine art market continues to boom. It seems that every day, another auction record is set for “the highest price ever paid [fill in artist’s name here].” So what does that mean for the painting you bought to match your sofa a few years back? It may increase in worth, or it may be
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Andrzej Duda is on course to win the first round of Poland’s presidential election, paving the way for what is likely to be a bitterly contested run-off against his centrist rival Rafal Trzaskowski. Incumbent Mr Duda, running for a second term and backed by Poland’s conservative-nationalist Law and Justice party (PiS), was set to win
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Housing choices are abundant, especially in urban areas, leaving many first-time homebuyers wondering which type of residence to buy. Each style of dwelling—condominium, townhouse, and detached home—has its pros and cons. Buyers should consider their lifestyles and budgets, as well as their level of desired involvement in home maintenance when deciding which style of home
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Tony Hall, Kew Publishing, RRP£25/RRP$35 If your garden has been knocked back by 2020’s dry spring, this book offers a way to plan for more resilient borders. Tony Hall’s vast experience as manager of the Arboretum and gardens at the Royal Botanic gardens, Kew is put to good use profiling more than 200 annuals, perennials,
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Getty Images Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans. Balance transfer offers, which typically entice borrowers to move their debt to a new lender in exchange for a temporary 0% interest rate, have been sharply reduced at banks
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Palm Springs’ luxury market is seeing increased activity Getty Here’s the luxury housing market update from realtor.com.  The latest numbers tell a positive story according to Javier Vivas, realtor.com’s director of research. “I was surprised when I saw the data telling us luxury buyers are back in full force.”  As stock market volatility continues Vivas,
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Mid-cap stocks are the unsung heroes of the stock market, often holding their own against their large-cap counterparts. The S&P MidCap 400 Index has returned an average of 8.94% annually over the past 10 years. Mid-cap stocks likewise hold competitive advantages and greater financial resources than small-cap names. Investors seeking diversified mid-cap exposure may wish
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