Author: Zacks

3 Top Ranked Mid Cap Value ETFs in Focus
Business

3 Top Ranked Mid Cap Value ETFs in Focus

Thanks to an improving economy, decent earnings growth and easy monetary policy, the U.S. markets are flying higher with the Dow and the S&P 500 finally breaking the 16,000 and 1,800 milestones, respectively. China’s new economic reform plans further supported […]

Stocks

Stocks are in Record Territory

Stocks are in record territory, prompting many of us to think through what lies ahead. Pretty much all of the recent gains have resulted from expansion of the market’s PE multiple. In other words, investors have been willing to pay […]

Stocks

YUM! Brands Inc. (YUM) Reorganizes Business Units

Louisville, Kentucky-based restaurant giant, Yum! Brands Inc. (YUM – Analyst Report) recently announced a complete restructuring of its business divisions. According to the reshuffling, the company will be merging its Yum! Restaurants International (YRI) and the U.S. divisions for each […]

Stocks

Freddie, Fannie Recapitalization Plan Rejected

Recently, Miami-based equity fund manager Fairholme Capital Management LLC’s plan to recapitalize Freddie Mac (FMCC) and Fannie Mae (FNMA) was rejected by the White House. The National Economic Council Director Gene Sperling stated that recapitalization would create two new ‘too big to fail’ financial […]

Business

Morgan Stanley Might Dispose Oil Unit

As per a recent Bloomberg report, Morgan Stanley (MS) is planning to sell its global oil business to Russia’s largest oil company, OAO Rosneft. The negotiation is in the preliminary stage, according to an internal source. Morgan Stanley might divest TransMontaigne Inc., […]