TOKYO (AP) — Global stock markets rose Monday after leaders of global finance appealed at a weekend meeting of the International Monetary Fund for a continuation of low-interest rate policies to keep economic recoveries on track.KEEPING SCORE: Germany's DAX rose 0.2 percent to 13,016 and the FTSE 100 was up 0.2 percent to 7,552. The CAC 40 of France added 0.2 percent to 5,363. Dow and S&P 500 futures were both up 0.1 percent.GLOBAL FINANCE: Finance ministers declared the recovery from the 2008 financial crisis incomplete and said central banks should stick with low interest rates that make borrowing attractive to safeguard the still fragile world economy. The meeting in Washington also focused attention on the failure of such policies to fuel inflation outside of financial markets. The 189-nation IMF's communique warned … [Read more...] about Global stocks rise as finance leaders back easy money
Despite a stellar rise in its stock price this year, shares of Owens Corning (NYSE: OC) still offer investors a good value. While other areas of the stock market are starting to look expensive, Owens Corning's stock price rise has been backed by earnings guidance hikes and ongoing strategic improvements which are preparing the company for good long-term growth. There are two key arguments that make it a good buy, which I'll go into in detail below: Its valuation remains compelling Like Home Depot Inc (NYSE: HD), Owens Corning has good long-term growth drivers derived from an improving housing market Back in March Owens Corning looked like a good value, and despite a 44% increase in its stock price the following charts suggest it's still a good value now. As you can see below, its valuation is compelling on both … [Read more...] about This Stock Offers Investors Unmistakable Value in a Sky-High Market
The airline industry has been long ignored, if not outright bullied, by the investment community for decades. But that's starting to change -- even famous airline bear Warren Buffett put $10 billion behind the industry not too long ago. In this week's episode of Industry Focus: Energy, host Sarah Priestley and Motley Fool contributor Adam Levine-Weinberg explain why the industry has seen such a turnaround in the last few years, and go over the most important things that investors need to know about airlines today. Find out which companies are completely dominating the industry, and which of them shine the brightest from an investing perspective, how different airlines are changing their strategies to appeal to more potential customers, and more. A full transcript follows the video. 10 stocks we like better than Southwest AirlinesWhen … [Read more...] about Is There a First-Class Airline Stock?
For investors in search of income, three high-yield dividend stocks worth consideration in September include Qualcomm (NASDAQ: QCOM), IBM (NYSE: IBM) and Enterprise Products Partners (NYSE: EPD). Two also offer outstanding value. Tim Brugger (Qualcomm): If you follow the tech industry, you've likely heard about the legal snafus Qualcomm's facing: fines from South Korea, investigations by the U.S. Federal Trade Commission (FTC), and its biggest customer Apple (NASDAQ: AAPL) joining the legal parade alleging illegal patent licensing fees. The result has been a 21% drop in value this year. Thing is, Qualcomm has been down this path before with China, which levied a $975 million fine nearly three years ago, and required lower licensing fees for the privilege of doing business in one of the world's largest markets. Today Qualcomm regularly cites its growing revenue in China as a … [Read more...] about 3 High-Yield Dividend Stocks for September
While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations. Rockbottom bond yields around the world remain the biggest obstacle for many pensions as they try to backfill a $400 billion funding gap and shore up funds to cover payments to current and future retirees. This low-rate climate is not expected to change much even as the Federal Reserve prepares to reduce its $4.2 trillion of bond holdings possibly from next month and investors speculate whether the European Central Bank may slow its bond purchases. "We are still not back to where we were before the financial crisis, despite the great run in equities and fixed income markets over the last eight to … [Read more...] about US pensions stuck in the red despite stock market boom
show chapters Tiger Management's Julian Robertson: Market is very high on a historic basis 1:01 PM ET Tue, 12 Sept 2017 | 02:18 Hedge fund legend Julian Robertson Jr. sees stock market valuations as "very high" and worries about a bubble forming. The Tiger Management founder made the comment Tuesday at the Delivering Alpha conference presented by CNBC and Institutional Investor. Central banks including the Federal Reserve should get the blame for the high market valuations through their … [Read more...] about Tiger Management’s Robertson says ‘we are creating a bubble’ in stocks
Oil giant ExxonMobil (NYSE: XOM) is no stranger to stock splits, having completed seven of them over the course of its history. Many of those occurred after its stock price had risen into the triple digits, which is worth noting since it's currently trading in the low $80s. That said, its last split was more than 16 years ago. Furthermore, the company's stock briefly ran into the triple digits in 2014 when crude was around that same level, but it didn't enact a split. While this gap has many investors wondering when the company will split again, that timing isn't what should be on investors' minds these days. The main reason Exxon -- or any other company for that matter -- would split its stock is because the market price has risen to the point where it might start deterring investors from buying shares. For example, before the advent of online brokers, most stocks had to be traded in round lots of 100 … [Read more...] about When Will ExxonMobil Corporation Split Its Stock Again?
U.S. stock index futures were lower on Wednesday as investors appeared to be in a risk-off mode a day after President Donald Trump said he will shutdown the U.S. government if necessary to build a wall along the border with Mexico. * "If we have to close down our government, we're building that wall," Trump said at a rally in Phoenix, Arizona, in reference to his pledge to tighten immigration controls at the U.S.-Mexican border. * Trump also said he might scrap the North American Free Trade Agreement with Mexico and Canada. The three countries are aiming to complete modernizing the 23-year-old agreement by early 2018. * Investors have grown increasingly concerned about Trump's ability to legislate his pro-growth agenda, especially those of tax cuts and infrastructure spending, given the near constant political rumblings in the White … [Read more...] about Trump’s comments dent stock futures
Getty Images The low inventory of single-family homes across the US may be having an effect on the companies that feed off the housing market. If there's one price investors watch as closely as the price of the stocks in their portfolio, it's the price of their home. But if you rely on internet-based property valuation tools like Zillow to check up on what's likely to be the most important asset you ever own, you're overlooking an important, real-time market source for property values. The housing market and the stocks of companies that support it have been one of the hottest investment themes since the end of the Great Recession. That's why I think recent action in housing-related stocks is worth reviewing: The performance suggests investors must ask, Could the residential real estate rally be coming to an end? The … [Read more...] about Op-Ed: The stock market is sending an early warning sign about housing
Jessica Breland didn't even wait to be asked about a certain somebody during a media day interview, she volunteered the former franchise player's name as she began to explain what the Sky will do for scoring. "Last year we had Elena Delle Donne …" the Sky forward said. "Big elephant in the room, you know?" Big elephant, all right. The high-scoring Delle Donne asked out of Chicago and the team obliged her, dealing the former MVP to the Washington Mystics in a trade that netted Stefanie Dolson, Kahleah Copper and the second overall draft pick, which the Sky spent on South Carolina center Alaina Coates. Coates is out indefinitely with an ankle injury she suffered toward the end of her senior season at South Carolina. And the big elephant has a sister. The Sky also fired Pokey Chatman after six seasons as coach and general manager and her replacement, Amber Stocks, is a rookie head coach with just two years' experience as a Los Angeles Sparks assistant, though she has worked in … [Read more...] about Skys stock low, but players high on coach Amber Stocks