JPMorgan Chase and Anadarko Petroleum rise, Netflix stumbles

JPMorgan Chase and Anadarko Petroleum rise, Netflix stumbles

Stocks that moved substantially or traded heavily on Friday: Anadarko Petroleum Corp., up $14.98 to $61.78 Continue Reading Below Chevron will buy the rival oil company for $33 billion as it seeks more growth from deep-water exploration in the gulf and in the Permian Basin. JPMorgan Chase & Co., up $4.98 to $111.21 The nation’s largest bank by assets reported a 5% increase in quarterly profit on more revenue from loans, beating Wall Street forecasts….

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Growing number of states move to shield lottery winners

Growing number of states move to shield lottery winners

A growing number of states are moving to allow the winners of big lottery jackpots to stay anonymous as privacy concerns are increasingly trumping lottery groups’ wishes to publicize winners to boost sales and show that the games are fair. Arizona could be the next state to join at least nine others with laws that let winners keep their names secret under a proposal headed to Republican Gov. Doug Ducey. Four years ago, just five…

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Labor reform passes Mexican congress, draws Ivanka praise

Labor reform passes Mexican congress, draws Ivanka praise

Mexico’s lower house of Congress has approved a labor law reform aimed at ensuring workers can freely vote for their union representation and contracts. The changes are needed to win approval of the new U.S.-Mexico-Canada trade agreement, which was negotiated to replace the old NAFTA accord. Continue Reading Below Mexico’s labor movement has long been stymied, and wages kept low, by pro-government unions that sign contracts and organize plants behind workers’ backs. The bill approved…

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Brazil Petrobras shares drop after price hike canceled

Brazil Petrobras shares drop after price hike canceled

Stock prices of Brazil’s state oil company have dropped after its decision to reverse an announced 5.7% increase in diesel prices. The reversal was announced Thursday night after President Jair Bolsonaro met with the head of Petrobras, Roberto Castello Branco. Continue Reading Below Local media reported the decision to stop the price hike raised fears among investors of government interference in Petrobras. Friday afternoon trading in Sao Paulo saw the price of Petrobras’ preferred shares…

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Treasury sanctions Venezuelan business to isolate Maduro

Treasury sanctions Venezuelan business to isolate Maduro

The Treasury Department on Friday targeted four companies and nine ships, including some that transported oil from Venezuela to Cuba, as part of the Trump administration’s ongoing efforts to isolate President Nicolas Maduro. So far, the U.S. has revoked the visas of 718 of Maduro’s associates and has issued sanctions on more than 150 people and entities. Continue Reading Below “We continue to target companies that transport Venezuelan oil to Cuba, as they are profiting…

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Learn to Add Disruption to Your Portfolio at the Virtual Summit

Learn to Add Disruption to Your Portfolio at the Virtual Summit

This article was originally published on ETFTrends.com. The evolution of technology has come a long way and what was deemed “disruptive” then is standard fare now. Advisors may already understand the impact of technology in their clients’ portfolios, but may not be aware of the trends that are already disrupting the current tech regime, such as robotics and artificial intelligence. These are […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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Good Jobs Numbers Show Growth Likely to Continue

Good Jobs Numbers Show Growth Likely to Continue

This article was originally published on ETFTrends.com. By Horizon Investments It was a good week for global stocks, jumpstarted by news of better-than-expected Purchasing Manager Index (PMI) numbers out of China. A strong U.S. jobs report helped too. There were 196,000 jobs added in March, up from 33,000 the month before, bringing the three-month average to 180,000. Wage growth came in at 3.2%, […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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Focusing on an Actively Managed FANG ETF

Focusing on an Actively Managed FANG ETF

This article was originally published on ETFTrends.com. The FANG stocks have rallied in epic fashion off the December lows, benefiting a slew of exchange traded funds (ETFs) along the way. One that is waiting to catch-up is the AdvisorShares New Tech and Media ETF (NYSEArca: FNG). Actively managed, FNG is trading modestly higher this year, but with more upside expected for FANG […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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Analysts Predict Banner Year for Dividends in 2019

Analysts Predict Banner Year for Dividends in 2019

This article was originally published on ETFTrends.com. The case for dividend stocks, particularly those that are reliable growers of their payouts, remains strong in 2019. Analysts are predicting another potentially banner year for dividends in 2019 if profit growth ends up at around current expectations. According to Goldman Sachs, dividends are estimated to still rise 6% next year, although lower than the […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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At US-Mexico CEO summit, leaders optimistic amid uncertainty

At US-Mexico CEO summit, leaders optimistic amid uncertainty

article Business and political leaders from the U.S. and Mexico gathered Friday to promote greater trade at a time when actions by both governments have rattled investors, expressing optimism despite times of uncertainty for the relationship. Continue Reading Below Investment in Mexico has been cool pending passage of the new U.S.-Mexico-Canada trade agreement that is meant to update NAFTA, and due to other concerns for the global economy. Thomas Donohue, president and CEO of the…

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