American Airlines Group Inc. (AAL) and Sumitomo Mitsui Financial Group Inc. (SMFG)
GOLDMAN SACHS & CO. LLC (PRIVATE bought a fresh place in American Airlines Group Inc. (NASDAQ:AAL). The institutional investor bought 7.5 million shares of the stock in a transaction took place on 12/31/2019. In another most recent transaction, which held on 12/31/2019, PAR CAPITAL MANAGEMENT, INC. bought approximately 3.6 million shares of American Airlines Group […]
Car2Go leaves Canada
Car-sharing firm leaves Canada in changing market The car-sharing company formerly known as Car2Go is closing up shop in North America on Saturday, taking with it valuable data for automakers looking to the future, says one expert. The data could show how frequently people choose car-sharing services over other forms of transit, how the use […]
TD Bank raises dividend
TD Bank raises dividend, but Q1 profit falls short of expectations TD Bank Group raised its dividend but fell short of expectations as it reported a first-quarter profit of $3 billion, up from $2.4 billion in the same quarter last year. The bank says it will now pay a quarterly dividend of 79 cents per […]
Husky Energy shares fall
Husky Energy shares fall on cash flow miss Shares in Husky Energy Inc. fell by as much as 11.7 per cent on Thursday morning in Toronto after it reported fourth-quarter results that matched analyst expectations on production but missed by a wide margin on funds from operations. The Calgary-based company blamed lower U.S. refinery margins, […]
Nearly Half of 40-Somethings Are Making a Huge Mistake With Their Retirement Plans
Retirement accounts give you some pretty awesome tax breaks, but they come with a catch. When you put the money in your account, you’re agreeing that you won’t take it out again until you’re at least 59 1/2. If you withdraw funds from your retirement accounts early, you usually pay a 10% early withdrawal penalty, […]
Here’s how to appeal higher Medicare premiums
The annual income of older Americans could drop significantly from one year to the next for a variety of reasons. It might be retirement or the death of a spouse, perhaps, or the sale of a business. Yet it might take Medicare — which charges higher earners more for premiums — a couple years to […]
4 Ways to Recession-Proof Your Finances
Many financial experts believe a recession is coming soon. While it’s impossible to predict when or if an economic downturn will hit, it’s certain that one will arrive eventually since every economy goes through boom and bust cycles. Since no one knows when the economy will go south, the best thing to do is to […]
Here’s how much millennials at every age need to have saved right now to retire at 67
You may have heard that you need to save $1 million over the course of your lifetime to retire comfortably. But it can be confusing to know how much that means you need to be saving right now. Financial analysts at Blacktower Financial Management Group did the math for you, and it turns out that you can probably squeak […]
Facial recognition startup Clearview AI says its full client list was stolen
Most of the company’s customers are law enforcement agencies. You might expect a high-profile (and controversial) facial recognition startup like Clearview AI would have its data locked down, but it turns out it’s just as vulnerable as almost any other company to malicious individuals. In a notification obtained by The Daily Beast, the company says […]
Logitech and Herman Miller team up to design ergonomic gaming furniture
Their first gaming chair could be ready as soon as this spring. Plenty of gaming chairs look cool, but whether or not they’re actually good for your back is another question. Furniture company Herman Miller and Logitech’s gaming hardware brand Logitech G want to change that. They’re teaming up to create a line of ergonomic […]