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Finance and Banking News

Mon, Feb 19th, 2018
Global shares advance as investors' jitters ease

SEOUL, South Korea (AP) — Shares were higher in Europe and Asia on Monday following last week's gains on Wall Street. Investors' jitters appear to be subsiding after recent wild swings, eased by strong...

Puerto Rico to slash energy reserves amid cash shortfall

SAN JUAN, Puerto Rico (AP) — Puerto Rico's power company said Sunday that it will reduce its operating reserve to save money amid a cash shortfall as officials warned the move could destabilize the U.S....

The Caldwell Partners International Announces Results of Vote for Election of Directors

TORONTO , Feb. 18, 2018 /PRNewswire/ - Retained executive search firm The Caldwell Partners International Inc. (TSX: CWL) reported that at its Annual Meeting of shareholders on February 15, 2018...

CWL.TO : 1.09 (-0.91%)
Latvian member of European Central Bank detained in probe

LONDON (AP) — Latvia's top banking official, a key member of the European Central Bank, was detained Sunday after being questioned for hours by anti-corruption authorities amid accusations of bribery...

Q&A: Ken Chenault, former CEO of American Express

NEW YORK (AP) — Kenneth Chenault was chief executive officer and chairman of American Express until January 31. He had a 37-year career at the credit card company, including 17 years as CEO. In his last...

AXP : 96.79 (+0.24%)
Where to turn for tax help

Tax returns surge over Presidents Day weekend, with the IRS saying it receives more phone calls on the day after Presidents Day than on any other day of the year. That can mean long waits for filers trying...

Head of Latvian Central Bank is detained for questioning

RIGA, Latvia (AP) — The prime minister of Latvia says the country's top central banker has been detained following questions from the national anti-corruption agency.

Even as markets shook, many investors held steady

NEW YORK (AP) — This month's sell-off for stocks marked the first big test of investors' mettle in years. And many ended up doing exactly what the experts were recommending: hold steady.

METLIFE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against MetLife Inc. - MET

NEW ORLEANS , Feb. 16, 2018 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana , Charles C. Foti, Jr. , remind investors that they have...

MET : 46.64 (-0.19%)
LJM FUNDS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against LJM Funds Management Ltd. - LJMIX

NEW ORLEANS , Feb. 16, 2018 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana , Charles C. Foti, Jr. , remind investors that they have...

LJMIX : 1.98 (-0.50%)
LIPOCINE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Lipocine Inc. - LPCN

NEW ORLEANS , Feb. 16, 2018 /PRNewswire/ -- Former Attorney General of Louisiana , Charles C. Foti, Jr., Esq. , a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that...

LPCN : 1.33 (unch)
LULULEMON INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Lululemon Athletica Inc. - (LULU)

NEW ORLEANS , Feb. 16, 2018 /PRNewswire/ -- Former Attorney General of Louisiana , Charles C. Foti, Jr., Esq. , a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that...

LULU : 81.40 (+0.59%)
Puerto Rico to reduce power generation amid cash shortfall

SAN JUAN, Puerto Rico (AP) — Puerto Rico's electricity utility said Friday it will dial down the power generation starting this weekend as a federal control board urgently seeks a $300 million loan for...

TerraVest announces 2017 annual and special meeting of shareholders results and its name change to TerraVest Industries Inc.

VEGREVILLE, AB , Feb. 16, 2018 /CNW/ - TerraVest Capital Inc. (TSX: TVK ) held its annual and special meeting of shareholders on February 12, 2018 (the " Meeting "). A total of 12,319,498...

RY : 79.98 (-0.77%)
TVK.TO : 9.68 (+0.31%)
Business Highlights

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DIS : 106.53 (+1.28%)
Stocks stretch winning streak to 6 days despite turbulence

NEW YORK (AP) — Stocks closed out their strongest week in five years Friday and have now recovered more than half of the losses they suffered in a plunge at the beginning of the month.

HD : 186.97 (+0.92%)
PFE : 36.26 (+1.54%)
CPB : 46.17 (-3.21%)
VFC : 74.64 (-11.08%)
JNJ : 133.15 (+1.46%)
WFC : 59.95 (-0.12%)
How major US stock indexes fared Friday

NEW YORK (AP) — Stocks powered higher for the sixth day in a row Friday as the market wrapped up its best week in five years. Investors fled the market early this month, but they've recovered most of...

WeissLaw LLP: Grandpoint Capital Inc. Merger May Not Be in the Best Interests of GPNC Shareholders

NEW YORK , Feb. 16, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Grandpoint Capital Inc. ("GPNC"...

PPBI : 42.40 (+0.95%)
GPNC : 20.2000 (+1.76%)
Alleghany Capital Corporation Announces Jazwares' Acquisition Of Zag Toys

NEW YORK , Feb. 16, 2018 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, today announced that its subsidiary, Jazwares, LLC...

Y : 595.88 (+1.07%)
Established Retail Banker, Barry Almond, Joins Virginia Commonwealth Bank

RICHMOND, Va. , Feb. 16, 2018 /PRNewswire/ -- Randal R. Greene, President and Chief Executive Officer of Bay Banks of Virginia , Inc. (OTCQB: BAYK), holding company of Virginia Commonwealth...

BAYK : 10.4000 (-0.95%)

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps ( ESH18 +0.18%) this morning are up +0.17% at a 1 -1 /2 week high and European stocks are up +0.74% at a 1-week high. Strength in crude oil and metals prices has fueled a rally in energy and mining... Read More

Chart of the Day

Abiomed (ABMD) is the Barchart Chart of the Day.  The medical instrument company has a Trend Spotter buy signal, a Weighted Alpha o 139.67+ and gained 132.53% in the last year.
Read More

Brugler Ag Report

Today's Commentary

Corn futures closed the Friday session with fractional losses, as nearby March was 1.52% higher on the week. The USDA reported a private export sale of 116,000 MT of 17/18 corn to Japan through their daily reporting system this morning. Export commit...
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Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.

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