Fed meeting in June may set course for rate hikes this year
The Federal Reserve begins a two day June policy meeting amid global warnings to delay rate hikes until 2016. IMF and World Bank cautions spurred volatility in US and German 10 year bonds as Greece talks faltered. Investors await Yellen press conference for clues on policy timetable.
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Federal Reserve
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Fed
International Monetary Fund
World
IMF
Greece
Janet Yellen
Wall Street
SigFig tracking services spotlight investors in America
A look at American investors who use SigFig tracking services reveals how individuals monitor portfolios, compare performance, and manage risk. The platform aggregates holdings, analyzes fees, and helps users adjust strategies through personalized insights and dashboards.
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America
SigFig
Twitter Chief Dick Costolo Steps Down Amid Stock Slide
Twitter CEO Dick Costolo resigns as the company faces criticism over weak performance and a falling stock price. Wingstop debuts on the market after an IPO that priced at $19 per share. Troy Aikman acts as the firm’s spokesman.
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Twitter
Dick Costolo
Wingstop
Dallas Cowboys
Troy Aikman
Bob Evans weighing REIT conversion or sale leaseback
Bob Evans Restaurants signaled it may convert to a real estate investment trust or pursue a sale leaseback of its restaurant properties. Miller Tabak upgraded the stock to buy, as the chain fielded questions on capital structure and future moves.
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Miller Tabak
INVESTING ASK MATT Relevance key for Twitter as it battles boredom
Investors bought Twitter as the next big thing but the stock has fallen about 20 percent since its 2013 debut to around 36 a share. User growth lags behind Facebook and Instagram, yet Twitter holds 3.6 billion in cash and investments. Analysts see potential recovery if the company improves user experience and engagement, with price targets near 50 to 60 dollars.
MENTIONED IN THIS ARTICLE
Twitter
Facebook
Deutsche Bank
Ross Sandler
UBS
Eric Sheridan
Sandler
Sheridan
Tax-Prep Firms and IRS Unite to Fight Refund Fraud
The IRS and major private tax firms join state agencies in a new plan to authenticate returns at filing, share fraud leads, and establish a Refund Fraud Information Sharing Center. The effort follows a breach that allowed up to 39 million dollars in illicit refunds from about 13 thousand fraudulent returns.
MENTIONED IN THIS ARTICLE
IRS
U.S
John Koskinen
National Institute of Standards and Technology
Intuit
H&R_ Block
Jackson-Hewitt
Liberty Tax
Koskinen
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