Chip stocks are at risk because Apple made too many iPhones: Morgan Stanley

FAN Editor

Morgan Stanley believes Apple’s poor iPhone sales results and rising inventory levels is bad news for the industry’s chip suppliers. The smartphone maker reported weaker-than-expected December-quarter iPhone unit sales Thursday. The company also gave a lower-than-expected revenue forecast for the March quarter. “Disappointing iPhone units combined with an inventory overbuild […]

You can do your own estate plan, but should you?

FAN Editor

Estate planning mistakes can be expensive to fix — that is, when they can be fixed at all. Continue Reading Below That’s the thought that haunts New York attorney Mari Galvin whether she’s creating an estate plan for a client or confronting the aftermath when people didn’t properly plan. “People […]

After a bad week, US stock indexes slip again, led by banks

FAN Editor

U.S. indexes slipped in early trading Monday, following global markets lower. Banks are leading the way lower after the Federal Reserve hit Wells Fargo with new sanctions over a scandal that involved opening millions of phony consumer accounts. Industrial companies including Boeing and Caterpillar are giving back some of the […]