Founder of Geneva was sentenced to 5 years of prisonment for embezzlement. The founder of an investment firm based in west suburban Geneva has been sentenced to five years in federal prison for embezzling client funds to pay for his lavish lifestyle, including a yacht and a luxury vehicle.
Investors
Investment Managers Braces for Uncertain Investment Environment on Trumps Win
Investors, financial analysts and wealth advisers is now uncertain regarding the investment environment after Trump had won the election.
5 Sectors Which Benefited From Trump’s Win
After Trump’s victory in the 2016 US Presidential race, these five sectors are most likely to benefit in all aspects.
Wednesday Laggards Are Utilities And Consumer Products
As of midday Wednesday, after the victory of Donald Trump in the US Presidential Elections, the shares of companies under the Utilities sector has underperformed other sectors.
On Trump’s Victory: Drugmakers Jump After Price Concerns Are Relieved
Among the notable gainers in Wednesday’s early exchange are pharmaceutical stocks as Donald Trump’s victory alleviated the worries that a Clinton presidency would be in command on drug prices in the largest market for prescription drugs in the world.
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Walgreen had sued Theranos and is seeking for a $140 Million in Damages. Walgreens has filed a $140 million lawsuit against blood-testing company Theranos, a former business partner.
Transwestern Investment Group is an investment advisor serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Recently, it just had closed its TSP Value and Income Fund I.
Despite that it is election day for America, FED urges fiscal investments. The United States lawmakers should take advantage of low interest rates by making infrastructure investments and encouraging innovations that boost productivity, a Federal Reserve policymaker said on Tuesday as Americans voted in a presidential election.
Liberty media has just raised its investment to a shining $13M. Liberty Media has raised its stake in Formula One by 0. 4% to 19. 1% through investing $13 million in the auto racing series that it agreed to take over for $4.
The American technology company and action-camera maker says that some Karma drones lost power during flight and because of this, they are issuing a recall for all drones released.
Last week’s headlines must be a frustration among the 11 S&P 500 sector exchange-traded funds as there are continuous downgrades here and there. Here are some of the results from this week’s scorecards to have a glimpse of what to watch out for.
Even with some major setbacks, stocks looks promising in 2016. The S&P 500 has increased 5% year to date and the MSCI World Index has further added nearly 2%, as of October 24, 2016. Numerous important data points with U.S. labor, manufacturing and housing markets, are displaying marks a global economy that is rising, although sluggishly.
Just like the past week, the shares of Healthcare companies outperform other sector by 2.2% as of midday Monday.
Having no marketing team, Apple seeks Comcast expertise to promote itsself more to the public. The Corporation of ComCast NBC Universal will begin selling ads for Apple Inc's News app next year in an exclusive deal, both companies announced on Monday.
