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Month: February 2018

Business News

Comcast offers $31 billion to buy broadcasting group Sky

February 27, 2018 admin 0

U.S. media giant Comcast announced Tuesday it was making a proposed cash offer to buy Sky for 22.1 billion pounds ($31 billion), rivaling Rupert Murdoch’s Fox to take over the pay-TV group. Comcast, which owns […]

Earnings

Forget inflation jitters — Federated sees earnings saving the rally

February 27, 2018 admin 0

Federated Investors’ Steve Chiavarone is not a bull who’s second guessing himself. The February correction may have rattled Wall Street, but the portfolio manager maintains the S&P 500 will muster enough momentum to climb 12 […]

Economy

Rising mortgage rates hit new home sales hard, a bad sign for builders

February 27, 2018 admin 0

Higher home prices are adding to the difficulty for buyers. The median price of a newly built home rose to $323,000, a 2.5 percent gain compared with January 2017. Builders are not only increasing prices, […]

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  • Columbia Sportswear and Hanesbrands are under the radar retail stocks to buy
  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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