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Rare, Multiple Avalanches Shut Down Idaho Highway, Trapping Residents For Days
Idaho 75 remained closed from Stanley to Clayton Tuesday amid continued avalanche activity. The highway has been closed since Feb. 9, with many residents in their homes for days. A rare series of avalanches have closed a highway in Idaho, preventing ...
Here's why women shouldn't be afraid to ask for a raiseMAKERS and Yahoo Finance present “MAKERS Money,” a weekly show hosted by Sallie Krawcheck, CEO of Ellevest.Read More »Alibaba makes big global push with the OlympicsWorld stocks post first loss in five daysTudor vet: Just a little more inflation may rock bondsMarketWatch•9 hours agoDow futures slip with traders on Presidents Day breakU.Sstock futures were trading lower on Monday, reversing Friday’s mostly upbeat action, though analysts warned against reading too much into the moves, given traders are off for Presidents DayAmerican stock markets and the bond market are closed for the holiday, and there are no economic releases expected, as federal agencies are shutteredCheck out: Which markets are closed on Presidents Day? What are the main benchmarks doing? Dow Jones Industrial Average futures YMH8, -0.52% shed 133 points, or 0.5%, to 25,103, while S&P 500 futures ESH8, -0.46% gave up 12.50 points, or 0.5%, to 2,722.50Nasdaq-100 futures NQH8, -0.29% fell by 19.75 points, or 0.3%, to 6,767Last week, the Dow DJIA,Japanese Stocks Gain on Yen Weakness; Oil Advances: Markets WrapBloombergWorld stocks break recovery streak with U.Sand China closedReutersYahoo Finance•11 hours agoMunger: You won't get the returns Buffett and I got by doing what we didBuffett and Munger have been critics of fees charged to investors by fund managersWarren Buffett’s right-hand man, Charlie Munger, the vice chairman of Berkshire Hathaway (BRK-A, BRK-B), said they had an “easier world” than the young investors of today face“I don’t think you’re going to get the kind of results we got by just doing what we did,” Munger, 94, said at the Daily Journal’s (DJCO) annual meeting in Los Angeles last week.MarketWatch•14 hours agoAnonymous trader buys $400 million in bitcoinGo big or go homeThat’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital currency, bitcoinThe purchase comes as cryptocurrencies are making a comeback after a dreadful start to 2018Major digital currencies lost as much as 50% to start the year as growing regulation and security fears crippled the market, seeing traders bail on their positionsHowever, the tide has turnedThe price of bitcoin BTCUSD, +1.61% has increased more than 60% since trading under $6,000 on February 6, pushing back above $10,000, helped by signs of growing recognition of digital currencies from officials in Washington“Not sure who that big buyerBitcoin Prices Will Double in 2018: 'Shark Tank' Star Robert HerjavecThe StreetBitcoin takes fresh aim at $11,000MarketWatchZacks•13 hours agoAlaska Air Group's January Load Factor Declines, Stock FallsShares of Alaska Air Group, IncALK have declined more than 2% ever since it released its traffic results for January 2018, last weekIn the first month of 2018, the company’s consolidated traffic (measured in revenue passenger miles or RPMS) increasedFox Business Videos•14 hours agoJob hunting mistakes you’re probably making, warns Korn Ferry CEOHe’s an executive recruiting guru and best-selling author of “Lose the Resume, Land the Job,” Korn Ferry International CEO George Burnison says you are job hunting all wrongFrom key resume tips to the best way to interview, Burnison lays out some must-hear advice for job seekers.Biggest job search mistakes people make: Korn Ferry CEOFox BusinessThe real reason to quit your job, says Korn Ferry CEOFox Business VideosMarketWatch•yesterdayShould I sell my $565,000 duplex and invest the money — or continue to collect rent?The main question is whether I would get a better return by selling the duplex and investing the money or by keeping the property and collecting rentWhat if the rental is vacant for a period of time?Zacks•12 hours agoCheasapeake (CHK) Q4 Earnings: A Disappointment in Store?Chesapeake Energy Corporation CHK is slated to report fourth-quarter 2017 results on Feb 22, before the opening bell.In the trailing three months, the company reported a positive earnings surprise of 20.00%Chesapeake beat the Zacks Consensus EstimateBarnes Group (B) Tops Q4 Earnings & Revenues, '18 View SolidZacksFirst Horizon (FHN) Down 4.06% Since Earnings Report: Can It Rebound?ZacksBloomberg•yesterdaySaudi Arabia Is Taking a Harder Line on Oil PricesFor decades, Saudi Arabia was the voice of moderation within OPEC, pushing back against the urging of members like Venezuela and Iran for higher oil pricesThat role seems to be shiftingThanks to OPEC-led production cuts, crude prices are double their level two years ago and bloated oil stockpiles are almost back to normalYet Saudi Energy Minister Khalid Al-Falih wants to go furtherProducers should keep cutting for the whole year, even if it causes a small supply shortage, Al-Falih said“If we have to overbalance the market a little bit, then so be it,” he told reporters in Riyadh last weekSource: IEA Saudi Arabia faces unprecedented pressures as Crown Prince Mohammed Bin Salman embarksFor timing of Aramco IPO, watch forward oil price curveReutersTwo-year oil price curve likely to influence timing of Saudi Aramco IPOBusiness StandardCNBC.com•yesterdayQualcomm is moving to decide how to price NXP deal to lure in enough shareholdersQualcomm and its advisors have been working to reassert control over the company's deal to acquire NXP Semiconductors this weekend, by trying to figure out what price will be enough to garner the 80 percent of shares needed to close the deal, sources tell CNBCOn Friday, Qualcomm's advisors at Goldman Sachs began contacting large holders of NXP to ascertain at what price those holders would be willing to sign voting agreements stipulating their support for a deal, according to people familiar with the conversationsWhile no specific price was offered, Qualcomm's advisors were said to have broached "the low $120's" as a possibility for a dealThis is Qualcomm's first effort in months to see what price large holders of NXP Semi would be willing to accept in order for Qualcomm to close the all cash deal, which is worth more than $40 billion.MarketWatch•yesterdayThere’s another option when the answer to ‘can I retire’ is ‘not yet’You need to estimate health-care expenses, your lifespan, taxes, future investment returns, interest rates and inflation over decades to make an informed retirement decisionMiscalculation in any of these areas can cause drastically divergent retirement outcomes.Investopedia•yesterdayDavid Tepper's Appaloosa Portfolio Jumped Nearly 50%: 13FBillionaire David Tepper, the head of Appaloosa Management, recently filed his quarterly 13F reportAccording to the SEC filings, Appaloosa's value increase by almost 50% in the last quarter of 2017As of the start of 2018, Appaloosa Management's largest holdings were Micron Technology Inc(MU), Facebook Inc(FB), and Powershares QQQ Trust (QQQ)$10.5 Billion Portfolio Stocks in Appaloosa's portfolio which were represented on the 13F filings totaled $10.5 billion as of December 31, 2017The list value for those stocks was up an astonishing 47.5% as compared with the previous quarter, according to Value WalkBy comparison, the S&P 500 was up just over 6% over the same periodAt a timeRambus Inc(RMBS) Shares Bought by Global X Management CoLLCThe Cerbat GemDiscover Financial Services (DFS) Stake Lifted by Victory Capital Management Inc.The Cerbat GemAssociated Press•yesterdayAmerisource shares jump on Walgreens buyout reportShares of AmerisourceBergen soared Tuesday on reports that Walgreens is pursuing a complete takeover of the huge drug distributorThe Wall Street Journal reported late Monday that Walgreens Boots Alliance Increached out to AmerisourceBergen Corpabout a potential deal several weeks agoWalgreens already owns about 26 percent of the company, according to data provider FactSet.Fox Business•13 hours agoBiggest job search mistakes people make: Korn Ferry CEO“There are allegedly 6 million jobs available,” Gary Burnison, CEO of Korn Ferry, told FOX Business.“This is the time to be proactive“If that’s all you’re doing, you might as well go to 7-Eleven and a buy a lottery ticket, scratch it off and see if you win,” he said.Fox Business Videos•13 hours agoThe real reason to quit your job, says Korn Ferry CEOShould you really quit your job? Gary Burnison, author of “Lose the Resume, Land the Job,” and Korn Ferry International CEO shares insight on the job market and advice for job seekers.Job hunting mistakes you’re probably making, warns Korn Ferry CEOFox Business VideosBiggest job search mistakes people make: Korn Ferry CEOFox BusinessCNBC.com•15 hours agoVenezuela is about to pre-sell its ‘petro’ cryptocurrency, and it could be an ‘excellent pilot for Putin’Venezuela will launch a pre-sale of its commodity-backed "petro" cryptocurrency on TuesdayPresident Nicolas Maduro hopes the country's own digital currency will help it to make financial transactions and get around Western sanctionsBoth the United States and the European Union have imposed economic sanctions on Venezuela over their opposition to its autocratic governmentLast year, the Economist Intelligence Unit's Democracy Index downgraded Venezuela from a "hybrid regime" to an "authoritarian regime" due to its "continued slide towards dictatorship." Venezuela's petro token will be backed by its oil, gas, gold and diamond reserves, according to the governmentThe country's cryptocurrencyDesperate measures: VenezuelaEconomist EspressoWhy Governments Might Join the Cryptocurrency CrazeMediumAssociated Press•13 hours agoLatvia starts criminal probe of its central bank chiefLatvia's anti-corruption agency says it suspects the nation's central bank chief of demanding and receiving bribes of at least 100,000 euros ($125,000) and has started a criminal investigation against himThe agency said Monday that no formal charges have so far been filed against Ilmars Rimsevics, who is also on the top policymaking council of the European Central BankPrime Minister Maris Kucinskis said after an extraordinary Cabinet meeting Monday that the central banker will face "restrictions" to be announced later.Head of Latvian Central Bank is detained for questioningAssociated PressLatvia's banking sector rocked by U.Sprobe, central bank chief's...ReutersZacks•17 hours agoSchlumberger (SLB) Down 13.2% Since Earnings Report: Can It Rebound?A month has gone by since the last earnings report for Schlumberger Limited SLBBefore we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalystsSchlumberger’s fourth-quarter 2017 earnings of 48 cents per share (eliminating charges and credits) surpassed the Zacks Consensus Estimate of 44 cents and the year-earlier figure of 27 cents.Dillard's (DDS) Likely to Repeat Solid Earnings Show in Q4ZacksMGIC Investment (MTG) Down 8.2% Since Earnings Report: Can It Rebound?ZacksMarketWatch•yesterdayFor richer or poorer — how ‘the money talk’ really means ‘I love you’If things go well with the investments, the conflict lies dormantThe firm manages retirement accounts with portfolios built by its Investment Advisory Board: Burt Malkiel (Princeton professor who wrote “A Random Walk Down Wall Street”), Charles Ellis (past chair of Yale’s Endowment) and Jay Vivian (ran IBM’s retirement funds).
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