Weekly Wrap Up
Argentina's debt default drove the stocks down during the latter part of this past week. The debt crisis drove the Dow Jones down over 300 points on Thursday alone. The Fed also announced this week that they will continue to trim the stimulus by an additional $10 billion. The Federal Reserves cited the improving economy and growing labor market as reasons to continue to cut the stimulus.
The Dollar Tree (DLTR) has finalized plans to acquire Family Dollar (FDO) for $8.5 billion. The merger is expected to be completed by early 2015. Companies continued to release their Q2 earnings reports this week with mixed results. UPS (UPS) failed to meet Wall Street's expectations as their second biggest unit, U.S. package delivery unit profit was down 81.5% from the same time last year.
The Jobs Report is Not Good Enough to Boost Housing
The labor market is improving -- but the property market, not so much. (Source: Market Watch) Click here to read the full article
What To Do When Both Stock and Bond Yields Are So Low
Historically, there have been times when the stock market's dividend yield was low. There have also been times of modest bond yields. (Source: ) Click here to read the full article
Five Stocks to Watch in August
The U.S. stock market ended July on a bearish note, with the Dow Jones Industrial Average wiping out all of its 2014 gains on Thursday. (Source: InvestorGuide) Click here to read the full article
Shares of Family Dollar Stores Inc. (FDO) were up + 14.57 or +24.02 percent to $75.23 per share in premarket trading Monday morning, after the announcement that Dollar Tree Inc. (DLTR) would be buying the company for $74.50 per share. (Source: InvestorGuide) Click here to read the full article
Shares of Silicon Motion Technology (SIMO) were trading up +2.35 or +10.26 percent to $25.25 per share in pre-market trading Tuesday morning, after the company announced second quarter earnings which beat analyst expectations. (Source: InvestorGuide) Click here to read the full article
LinkedIn's Revenue Is A Rocket Ship
LinkedIn reported its earnings on Thursday, and the company beat Wall Street's expectations across the board. (Source: Business Insider) Click here to read the full article
Boring Money Advice That Actually Matters
Personal finance isn't the most exciting topic. The phrases "emergency fund" and "401(k) contributions" are hardly thrilling, but they're important -- even though a lot of people don't pay attention to it. (Source: Two Cents) Click here to read the full article