WTI Oil Futures Pare Losses After Mixed Crude Inventory Data
https://alaricsecurities.com/wti-oil-futures-pare-losses-mixed-crude-inventory-data/
West Texas Intermediate pared losses in North American trade on Wednesday, after data showed that oil supplies in the U.S. registered a much higher-than-expected inventory build, but gasoline and distillate stocks both declined more than ...
Snap IPO: High Price and Big Pop Mean Nothing
https://alaricsecurities.com/snap-ipo-high-price-big-pop-mean-nothing/
The slightly higher price for Snap Inc.’s much-anticipated initial public offering, set at $17 Wednesday night, is evidence of strong demand for the ephemeral messaging company, and that demand could send the price much higher ...
If you think bonds are too dangerous now, think again
https://alaricsecurities.com/think-bonds-dangerous-now-think/
A short-term bond fund might work for you if you’re looking for income. You’ve probably read recent headlines telling you to stay away from bonds because interest rates are rising. But such conventional wisdom might ...
How a Russian Banker’s $25 Million Bonus Led to 12 Years in Jail
https://alaricsecurities.com/russian-bankers-25-million-bonus-led-12-years-jail/
Ex-Otkritie trader Urumov sentenced in $150 million fraud case Wife Yulia Balk was acquitted of one count of money laundering After a London judge told George Urumov he’ll spend the next 12 years in jail ...
GM plans to invest at least $1 billion in U.S. factories, adding 1,000 jobs
https://alaricsecurities.com/gm-plans-invest-least-1-billion-u-s-factories-adding-1000-jobs/
General Motors Co. this week will announce plans to invest at least $1 billion across several U.S. factories, two people familiar with the plan said, a move aimed at underlining its commitment to U.S. manufacturing ...
5 overlooked stock picks for 2017 from top fund managers
https://alaricsecurities.com/5-overlooked-stock-picks-2017-top-fund-managers/
Ready to play the new commodity cycle? Or maybe buy into Trump’s defense-spending plans? Or even bet on one of Europe’s most hated airlines? According to a group of top fund managers, those plays are ...
How Trump and Brexit are shaking up investment portfolios for 2017
https://alaricsecurities.com/trump-brexit-shaking-investment-portfolios-2017/
A lot of things happened in 2016 that most people didn’t see coming: Prince and David Bowie died. The Chicago Cubs won the World Series for the first time in 108 years. And among economic ...
China clears key hurdle to buy Chicago Stock Exchange
https://alaricsecurities.com/china-clears-key-hurdle-buy-chicago-stock-exchange/
China just moved a step closer to acquiring one of America’s oldest stock exchanges, despite security concerns raised by some in Congress. This week a U.S. panel that examines foreign deals for potential national security ...
Here’s where contrarian investors plan to make their money in 2017
https://alaricsecurities.com/heres-contrarian-investors-plan-make-money-2017/
It’s effectively the last Friday before Christmas, and not much is stirring. That means it could be the start of the holiday exodus, when investors pocket their gains and get ready to deck the halls. ...
Two traders arrested over alleged manipulation of more than 2,000 stocks
https://alaricsecurities.com/two-traders-arrested-alleged-manipulation-2000-stocks/
Joseph Taub and Elazar Shmalo allegedly used dozens of accounts at several brokerage firms in bouts of manipulative trading activity. Two New Jersey-based traders were arrested on Monday for allegedly manipulating prices of more than ...