Casino Moguls Wynn, Ruffin Gamble on Trump Differently @FoxBusiness
http://www.foxbusiness.com/politics/2016/02/25/casino-moguls-wynn-ruffin-gamble-on-trump-differently.html
Mansion sales and discount dining: oil rout hits Houston’s rich
http://www.reuters.com/article/us-oil-houston-idUSKCN0VY152
Required Reading Of The Day
Sandoval does not want to be considered for high court: Reid aide Links between talcum and cancer inconclusive Wall St. edges up as factory data shines amid oil gloom Buffett annual letter comes amid ‘conspicuous’ performance lag FBI director, Apple general counsel to testify March 1: House panel
The Closing Look
Stocks rallied on Thursday as the market added to Wednesday’s very strong positive reversal. Overnight, the Shanghai composite plunged -6.4% and hit a three-week low. Rumors spread that China’s central bank injected another $52 billion into the money market to help stabilize markets. The ChiNext index which tracks small-cap Chinese stocks tanked -7.7% which clearly…
Listen To Wednesday’s Investor’s Edge Radio Show: 02/24/2016
On Wednesday’s Show Gary Covers: Market Wrap The Counter Trend Rally/Oversold Bounce The Airline Monopoly – Airlines Raises Prices… Again What Is Wrong With Washington The World Is Awash In Debt February 24, 2016 Investor’s Edge: 02/24/2016 Listen Here
In End of an Era, MetLife Looks To Part With Insurance Agents
Insurer is in talks to sell business of roughly 4,000 sales people to Massachusetts Mutual By LESLIE SCISM Updated Feb. 25, 2016 8:22 a.m. ET 13 COMMENTS MetLife Inc. is preparing to part ways with a central force in the company’s history: its life-insurance agents. The nation’s largest life insurer by assets is in talks…
Cutting The Cord? Not So Fast: Cablevision Ends 2015 With First Customer Growth Since 2008 Crisis
Cablevision Ends 2015 With First Customer Growth Since 2008 Crisis Cable operator’s quarterly revenue comes in below expectations Cablevision Systems Corp. said 2015 marked its first year-over-year growth in customers since 2008, though the cable operator’s fourth-quarter revenue was slightly below expectations. As of Dec. 31, Cablevision reported 3.1 million total customers—businesses or households that…
FT: CEO Email Scam Costs Companies $2bn
A scam in which criminals impersonate the email accounts of chief executives has cost businesses around the globe more than $2bn in little over two years, according to the US Federal Bureau of Investigation. The FBI has seen a sharp increase in “business email crime,” a simple scam that is also known as “CEO fraud”,…
WSJ: U.S. Warns Banks Off Russian Bonds
U.S. Warns Banks Off Russian Bonds State, Treasury say helping sell debt would undermine sanctions on country The U.S. government has warned some top U.S. banks not to bid on a potentially lucrative but politically risky Russian bond deal, saying it would undermine international sanctions on Moscow, people familiar with the matter said. The move,…