NYSE

Want To Do Something Great? Don't Be Afraid Of Failure

Resilience. It’s the secret ingredient to success. If you can figure out how to stay the course and get back in the game after failure, you’ll go places and you’ll make the difference you were intended to make.<p>The truth is, most people that we revere spent more time down for the count than they did …

Thomas Edison

Goldman Sachs sees Fed raising rates four times in 2018

NEW YORK (Reuters) - Goldman Sachs said it expects a tight U.S. labor market and more normal inflation picture will lead the Federal Reserve to hike interest rates four times next year.<p>"The U.S. economy heads into 2018 with strong growth momentum and an unemployment rate already below levels that …

Economy

Stocks to watch next week

• Key events are scheduled for the companies listed below next week.• <b><br>Notable earnings reports:</b> Palo Alto Networks (NYSE:PANW) and Urban Outfitters …

Stocks

VMware, Inc. (NYSE:VMW) Shares Move 0.91%

VMware, Inc. (NYSE:VMW) shares have moved 0.91% on the week. The stock closed the most recent session at $123.26 after seeing 1566218 shares trade …

Trading

Wall St. set to end week on whimper as tax changes mulled | Reuters

NEW YORK (Reuters) - Wall Street was set to end the week on a muted note on Friday, with major indexes slipping modestly, as investors weighed the …

Markets

Don’t Waste Your Time Pursuing A Career In These Overstaffed Industries

Thinking of a career change? Well, then the graphs below might be useful if you’re unsure what career it is you’re looking at going into.<p>The latest …

South Africa

Coinbase is going after big hedge fund money with its new cryptocurrency security platform

• <b>Coinbase, the US cryptocurrency exchange, is wooing big hedge fund money with a new security platform.</b>• <b><br>Coinbase Custody was built to meet the security needs of institutional investors like hedge funds and family offices, according to a Medium post by Coinbase CEO Brian Armstrong.</b><p>The impressive …

Business

Wall Street used to be excited about tax cuts. Now it’s not so sure.

US stock investors are shrugging, even as the tax bill they have long desired appears closer than ever to passing.<p>The “Trump rally” — the soaring markets of the year since the 2016 election — was supposed to be largely about taxes. Wall Street believed Republican control of all three branches of …

Politics

Donaldson declares $0.18 dividend

Donaldson (NYSE:DCI) declares $0.18/share quarterly dividend, in line with previous.<p>Forward yield 1.53%<p>Payable Dec. 21; for shareholders of record …

Business

US stock indexes step back after a big gain; retailers climb

NEW YORK (AP) — U.S. stock indexes are dipping Friday, a day after the market made its biggest gain in two months. Technology companies are returning some of their recent gains and banks are down along with interest rates. Retailers including Ross Stores, Gap and Foot Locker are jumping after they …

Markets

Indian bonds and rupee lift as Moody’s raises India’s sovereign rating after 13 years

Downbeat: A screen displays Moody’s ticker information at the New York Stock Exchange in this file photograph. Picture: REUTERS

Business (South Africa)

Thoma Bravo-backed SailPoint goes public

<b>SailPoint Technologies Holdings</b>, a portfolio company of <b>Thoma Bravo</b>, has raised $240 million for its IPO after pricing its 20 million shares at $12 …

Markets

Tech companies lead US stocks lower in afternoon trading

Technology companies led a broad slide for U.S. stocks in afternoon trading Wednesday. Consumer-focused companies also accounted for a big slice of the losses. Energy stocks declined as the price of crude oil headed lower a day after its biggest loss since October. Investors were weighing a batch …

Markets

Email Has Arrived: SendGrid IPO Tops Expectations

It’s a great day for the email business. SendGrid’s initial public offering took off like a rocket this morning, raising $131 million based on a $16 …

Advertising Industry

New York Fed Sees a Healthy Fear in the Volatility Curve

The same week they took on bears who warn low stock volatility is a recipe for high stock volatility, New York Federal Reserve staffers are back with …

Business

Global stocks, dollar climb as U.S. House OKs tax overhaul

NEW YORK (Reuters) - U.S. stocks rose and the dollar edged higher against a basket of major currencies on Thursday after the U.S. House of Representatives passed its version of a tax overhaul bill.<p>Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, …

Economy

EU, U.S. close to deal on stock exchanges before MIFID II deadline

BRUSSELS (Reuters) - The European Commission has adopted decisions to grant equivalence status to trading venues in the United States and …

Brexit

Wall Street set to rebound as Wal-Mart, Cisco results impress

(Reuters) - U.S. stocks were set to bounce back on Thursday after two straight days of losses on the back of strong earnings from companies, including Wal-Mart and Cisco.<p>* Wal-Mart (WMT.N) shares jumped more than 3 percent after the retail giant reported its 13th consecutive rise in quarterly …

Markets

BlackBerry signs patent licensing deal with Teletry | Reuters

(Reuters) - Canada’s BlackBerry Ltd (BB.TO) (BB.N) said on Wednesday it agreed to allow Teletry, a unit of patent licensing firm Marconi Group, to …

Patents

Markets love tax cut hype, not the reality

Buy the rumour, sell the news.<p>The phrase may get tossed around a fair amount, but that's exactly what's happened when past presidents have implemented tax cuts. Case in point: The S&P 500 index's reaction to almost every tax-relief bill signed into law since president John F. Kennedy. Looking at …

S&P 500

Twitter will remove verified status from accounts that violate its rules

Twitter says that it will revoke verification status for some accounts for posting racist and hateful tweets.<p>Twitter on Wednesday said that it will …

Internet

One of the top recruitment firms on Wall Street just published its annual compensation guide for traders — and it's not pretty

• <b>According to an annual survey by Wall Street recruiting firm Options Group, compensation is going to drop for just about every business line in trading.</b>• <b><br>Those running electronic markets for fixed income and equities are the exception.</b>• <b><br>Investment bankers should expect a 10% increase on average.</b><p>It's …

Business

401(k) Savers: Tips for building retirement nest eggs without taking too much risk

Getting squeamish about a U.S. stock market that's near record highs and far from cheap?<p>You're not alone.<p>Even financial planners who help Main Street investors save for retirement through a 401(k), or for their kids' college with a 529 plan admit they're nervous as stock prices keep climbing nearly …

Money

Wall Street opens lower on oil price slide

(Reuters) - The Dow shed more than 100 points at the open on Wednesday, as a slide in oil prices hit global markets and concerns about the fate of U.S. tax cuts continued to weigh on the mood.<p>The Dow Jones Industrial Average fell 109.77 points, or 0.47 percent, to 23,299.7.The S&P 500 lost 13.02 …

Markets

Bitcoin exchanges may not be ready for the big time

Someday soon, crypto-enthusiasts think big financial firms will buy and sell bitcoin like any other asset: stocks, bonds, gold, whatever. But trading on this scale involves volumes and scrutiny that the most popular cryptoasset exchanges today may not be prepared to handle. Although they got in on …

Bitcoin

Penny Stocks: Why You Should Always Stay Away

With the exception of some large foreign firms, investors should generally avoid stocks that trade over-the-counter.<p>Penny stocks – those stocks that …

Trading

Email marketer SendGrid up 13% following IPO

Marketing email company SendGrid had a decent first day on the New York Stock Exchange on Wednesday. After pricing shares at $16, the company closed at $18.03, or up almost 13%.<p>The Denver-based company had raised $131 million after pricing its IPO at $16, above the expected range of $13.50 to …

Danielle Morrill

Here's a super-quick guide to what traders are talking about right now

Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets.<p>Most of the global markets are red on Wednesday.<br>• Copper, zinc and nickel were all slipping.<p><b>Here's Lutz:</b><p>Morning! Ugly sea of red out there, with US Futures down 50bp - Papers blaming the weaker China data yesterday weighing …

Markets

U.S. fund investors snub domestic stocks

NEW YORK (Reuters) - U.S. investors dashed into funds that buy stocks outside the country at the fastest pace since July, while pulling money out of domestic equities, Investment Company Institute (ICI) data showed on Wednesday.<p>World stock mutual funds and exchange-traded funds attracted $6.5 …

Business

SendGrid shares surge above elevated pricing on first day of trading - MarketWatch

SendGrid Inc. shares rallied on their first day of trading Wednesday as the cloud-based marketing email delivery company priced its initial public …

Stocks