by Diane Alter
Stocks under $1 are alluring because of their gain potential – but they rarely pay off.
Investors keep going back to these penny stocks. It's tempting to invest a few dollars in stocks trading at pennies per share for a chance of some rich returns. But in truth, the odds are against you when trying to hit it big with stocks under $1.
Here's why - plus three to avoid...
Several analysts have recently downgraded Apple Inc. (Nasdaq: AAPL) from "Buy" to "Hold." Shah, on the other hand, told Fox Business watchers today that now is not the time to downplay Apple's stock. Between smartphone sales and the just launched Apple Watch, Shah explains exactly why now is the time to buy the iDevice King and stick with it.
As the oil market focuses on the supply side and the possibility of reaching a nuclear deal in Iran grows, something else has been developing in crude.
Worldwide demand is beginning to surge.
by Jim Bach
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) meeting minutes today (Wednesday) will have one thing working in its favor.
It will be able to carry on its aimless monetary policy with impunity. The lead dissenters have all but been silenced in 2015.
The $70 billion acquisition of BG Group plc (LON: BG) by Royal Dutch Shell plc (ADR) (NYSE: RDSA) will result in a merged company with market value double that of BP plc (ADR) (NYSE: BP) and bigger than Chevron Corporation (NYSE: CVX).
According to Bloomberg News, this deal counters the prevailing view...
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Not a lot of attention has been granted to self-made millionaires who earned their fortunes after age 50. It's a shame – there's a lot we can learn from them.
Because while some folks prepare for retirement after that age, others see this midlife milestone as an opportunity for absolute change.
Here are five inspirational self-made millionaires who earned their fortunes later in life...
by Alex McGuire
The Etsy IPO date is set for Thursday, April 16. The company will list on the Nasdaq under the ticker "ETSY."
The deal could be the largest tech IPO from a New York-based company in 16 years.
Dow futures for Wednesday, April 8, forecasted a 12-point retreat from yesterday's close.
On Tuesday, The DJIA Index retreated sharply during the last 30 minutes of a busy trading session, erasing an earlier gain of more than 100 points. The sell-off comes the day before earnings season kicks off and the Federal Reserve releases minutes from the most recent FOMC Meeting.
Earnings season unofficially begins on Wednesday, April 8, when Alcoa Inc. (NYSE: AA) reports Q1 earnings after the bell.
Now, most Wall Street prognosticators are bearish this earnings season. Countless headlines of “earnings recession 2015” have caused retail investors to wonder if they should exit the markets.
An “earnings recession” happens when earnings results decline for two consecutive quarters on a year-over-year basis.
It’s true, earnings are expected to disappoint across the board this quarter.
But this is not the time to flee the markets…
The DJIA Index retreated sharply during the last 30 minutes of a busy trading session, erasing an earlier gain of more than 100 points. The sell-off comes the day before earnings season kicks off and the Federal Reserve releases minutes from the most recent FOMC Meeting.
Healthcare stocks were the best performers from the S&P 500.
Here are the day's top stories, plus our new profit tip for investors...
