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Housing Bulls, Media Blather, China Risks and Bank Action: Best of Kass

Housing Bulls, Media Blather, China Risks and Bank Action: Best of Kass

In highlights from this week's trading diary and posts, Kass discusses housing market bulls, business pundits, banking sector stocks, and a scary prediction about the Chinese economy.

07/03/15 - 09:00 PM EDT

Yelp Pauses Pursuit of Sale; Stocks Close Lower on Greece Uncertainty

  • Tickers in this article:
  • YELP

On Thursday, stocks ended slightly lower ahead of the long holiday weekend (U.S. markets are closed Friday), on the heels of weak jobs numbers.

07/02/15 - 04:32 PM EDT

Housing Bulls, Media Blather, China Risks and Bank Action: Best of Kass

Housing Bulls, Media Blather, China Risks and Bank Action: Best of Kass

In highlights from this week's trading diary and posts, Kass discusses housing market bulls, business pundits, banking sector stocks, and a scary prediction about the Chinese economy.

07/03/15 - 09:00 PM EDT

Mortgage-Backed Bonds a Better Bet Than Treasuries Says Frost Fund Manager

Mortgage-Backed Bonds a Better Bet Than Treasuries Says Frost Fund Manager

  • Tickers in this article:
  • FIJEX

Mortgage-backed bonds and securitized loans are a better place to be than Treasuries as growth in the U.S. starts to pick up.

07/03/15 - 05:59 AM EDT

Western Union (WU) Stock Retreats Following PayPal's Purchase of Xoom

Western Union (WU) Stock Retreats Following PayPal's Purchase of Xoom

  • Tickers in this article:
  • WU

Western Union (WU) shares are down after PayPal announced the purchase of online money transfer company Xoom (XOOM).

07/02/15 - 02:40 PM EDT

What the Government Is Doing About the Hidden Fees That Cut Into Retirement Savings

What the Government Is Doing About the Hidden Fees That Cut Into Retirement Savings

The Fiduciary Rule would broaden the definition for which advisors are considered fiduciaries, putting them under greater scrutiny of the Department of Labor.

07/02/15 - 06:14 AM EDT

BP Settles Oil Spill Claims for $18.7 Billion; Stocks Turn Lower on Soft Jobs Numbers

BP Settles Oil Spill Claims for $18.7 Billion; Stocks Turn Lower on Soft Jobs Numbers

  • Tickers in this article:
  • BP

Stocks turned negative on the heels of the June jobs numbers which showed U.S. companies added just 223,000 jobs in the month.

07/02/15 - 12:08 PM EDT

Why a Puerto Rican Default is More Dangerous Than You Think

Why a Puerto Rican Default is More Dangerous Than You Think

Puerto Rican bonds show up in more than half of mutual funds, with concentrations in those run by Oppenheimer and Franklin Templeton.

07/02/15 - 11:12 AM EDT

National Bank of Greece (NBG) Stock Retreats as Greek Debt Crisis Comes to a Head

National Bank of Greece (NBG) Stock Retreats as Greek Debt Crisis Comes to a Head

  • Tickers in this article:
  • NBG

National Bank of Greece (NBG) shares are falling as Greece defaults on IMF loan.

07/02/15 - 10:43 AM EDT

Bank of America's 10 Best Stock Ideas for the Third Quarter

Bank of America's 10 Best Stock Ideas for the Third Quarter

Looking for some investing inspiration to get you through the summer doldrums? Bank of America recommends these 10 stocks to buy or sell for the next three months.

07/02/15 - 09:24 AM EDT

'No' Vote in Referendum Would Likely Push Greece Out of Eurozone

'No' Vote in Referendum Would Likely Push Greece Out of Eurozone

  • Tickers in this article:
  • NBG

If Greek citizens vote 'no' in Sunday's referendum, there's an 80 percent chance the debt-laden nation will exit the eurozone, according to one strategist.

07/02/15 - 09:47 AM EDT

Xoom Stock Gains After Being Acquired by PayPal for $890 Million

Xoom Stock Gains After Being Acquired by PayPal for $890 Million

  • Tickers in this article:
  • XOOM

Xoom shares are climbing in pre-market trading after being acquired by Paypal for $890 million.

07/02/15 - 09:23 AM EDT

PayPal to Acquire Money-Transfer Provider Xoom: What Wall Street’s Saying

PayPal to Acquire Money-Transfer Provider Xoom: What Wall Street’s Saying

Just ahead of its spinoff from eBay, PayPal agrees to purchase the digital-money transfer company for $890 million.

07/02/15 - 09:28 AM EDT

Goldman Sachs Recommends These Banks to Buy if Interest Rates Rise

Goldman Sachs Recommends These Banks to Buy if Interest Rates Rise

Where should investors put their funds to benefit from an expected rise in interest rates?

07/02/15 - 08:30 AM EDT

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