Housing market steadies as sales surge in May
The U S housing market shows strength with existing home sales up 5.1 percent to 5.35 million units, the fastest pace since November 2009. Year over year sales rise 9.2 percent as analysts anticipate FHFA home prices and May new home sales data, stressing continued reliance on consumer finance and income growth.
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U.S
Wall Street
Lindsey Piegza
Sterne Agee
Federal Housing Finance Agency
David Kelly
Jpmorgan Funds
Piegza
SigFig Investor Share of Domestic Equity Ownership
A market snapshot notes that 60 percent of SigFig stock investors own 90 percent or more of domestic equities while the United States accounts for about 51 percent of global equities. It references five day averages and highlights largest holding, most bought, and most sold items, followed by the tag DDOES VISIT.
MENTIONED IN THIS ARTICLE
SigFig
SigFig Leads U.S. Online Investment Tracking Boom
More than half a million investors nationwide, with total assets of 200 billion dollars, manage portfolios online using the SigFig investment tracking service. Data on this page derive from SigFig analysis.
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America
SigFig
Energy firm bids and media deal shuffle stocks
Anthem reiterates support for its 47.4 billion cash and stock bid for Cigna as rival bid responses unfold. Williams Cos. rejects a unsolicited 48 billion takeover offer from an energy transfer equity tied suitor. Martha Stewart Living Omnimedia to be acquired by Sequential Brands for 353 million dollars.
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Cigna
Anthem
Williams Cos
Energy Transfer Equity
Martha Stewart Living
Omnimedia
Sequential Brands
Martha Stewart
Inflation risks for oversavers delaying retirement profits
T Rowe Price finds oversavers are late 60s earners who plan to retire in 3 to 5 years and rely on Social Security around 56,000 dollars plus pensions of about 48,000. Inflation risk threatens their plans as most pensions lack cost of living adjustments and expenses drive retirement funding.
MENTIONED IN THIS ARTICLE
T. Rowe Price
General Mills to remove artificial flavors from cereals by 2017
General Mills announced it will phase out artificial flavors and colors from all its cereals by 2017 in a bid to meet consumer demand for recognizable ingredients. The plan covers Trix, Reese’s Puffs, Lucky Charms and others sold in the US and Canada, with 60 percent already free of artificial ingredients and a goal of over 90 percent by end of 2016 and full removal by end of 2017.
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Trix
Lucky Charms
General Mills
GIS
Taco Bell
Pizza Hut
Panera
Kraft
Joe Raedle
GETTY
Smallc General Mills
Jim Murphy
General Mills Cereal Division
Reese’s
Kate Gallager
Gallager
Canada
Mike Siemienas
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