Wall Street Faces a Game 7 Finish for 2015
The Dow and S&P 500 both head into the final trading day of 2015 on the edge, each at risk of posting their first negative year since 2008. The S&P sits up 0.22 percent for the year while the Dow trails by about 1.2 percent, needing a rally on Thursday to end in the black.
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U.S
Wall Street
Broad Standard & Poor
USA
David Kostin
Goldman Sachs
Jonathan Glionna
Barclays
S&p
Bulls
Bears
SigFig investors in Austin top wealth list among U.S. cities
SigFig tracking users in Austin Texas lead among major U S cities with a median of 380000 in liquid assets, about twice the level of the next wealthiest city on the list, highlighting Austin as the wealth hub in this survey.
MENTIONED IN THIS ARTICLE
U.S
SigFig Investors
Austin
Texas
How we're performing USA's portfolio allocation by risk
More than half a million investors nationwide with total assets of $200 billion manage their investment portfolios online with SigFig investment tracking service. Data on this page are based on SigFig analysis.
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USA
America
SigFig
Medicines Co to buy three hemostasis drugs for 410 million
Pekings stock rose as Medicines Co agreed to pay 410 million dollars for three hemostasis drugs Recothrom Thrombin topical Preveleak and Raplixa. Mallinckrodt shares traded near 18.39 while Pep Boys was in takeover talk with Carl Icahn poised as winner after Bridgestone walked away. Twitter tweaked harassment policy and said it may contact users discussing self harm.
MENTIONED IN THIS ARTICLE
The
Medicines Co
Mallinckrodt
Twitter
Investing in bonds stays stable even in rough times
Investors worry about the bond market as rates rise. High yield bonds show volatility with losses over 10 percent, while historic declines reveal bonds are far steadier than stocks. Morningstar data show worst years for Treasuries and corporates remain far milder than the 1931 S&P 500 drop.
MENTIONED IN THIS ARTICLE
Warren Buffett
Federal Reserve
iShares iBoxx
Treasuries
Pep Boys confirms Icahn bid winner over Bridgestone
Pep Boys announces Carl Icahn won the takeover bid with an $18.50 per share offer and terminates the Bridgestone deal. The all cash merger values Pep Boys at $1.031 billion and is expected to close in Q1 2016, with Icahn linking Pep Boys to Auto Plus and retaining high growth retail operations.
MENTIONED IN THIS ARTICLE
Pep Boys
Icahn
Bridgestone
Manny, Moe & Jack
Carl Icahn
Bridgestone Retail Operations
Icahn Enterprises
Puerto Rico
Auto Plus
Scott Sider
Jefferies Financial
Bret Jordan
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Jack Carl Icahn
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Matt Krantz
Mkrantz
USA Today
New York
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