21 August, 2017 by The TZ Newswire Staff Comments Off on Urban Outfitters’ Comps Went One Way, Its Shares Went Another
Urban Outfitters’ Comps Went One Way, Its Shares Went Another
In this MarketFoolery podcast segment, host Chris Hill and Motley Fool Funds‘ Bill Barker take a stab at explaining the peculiar stock leap that niche retailer Urban Outfitter (NASDAQ: URBN) enjoyed in the wake of its second-quarter report. When comps decline 5%, it takes a lot of optimism to send the stock up by double-digit percentages.
21 August, 2017 by The TZ Newswire Staff Comments Off on Mnuchin: Maybe we’ll keep the carried interest loophole after all
Mnuchin: Maybe we’ll keep the carried interest loophole after all
The carried interest loophole may live to enrich another day — at least for some funds. “We will close the loophole for hedge funds in carried interest,” Treasury Secretary Steven Mnuchin said at an event in Kentucky on Monday, according to Bloomberg. “What we are focused on is there are many other types of funds that do create jobs and we want to make sure we don’t discourage investment.” It wasn’t immediately clear what kind […]
21 August, 2017 by The TZ Newswire Staff Comments Off on 63 Shot, 8 Dead In Chicago’s 2nd Most Violent Weekend Of 2017
63 Shot, 8 Dead In Chicago’s 2nd Most Violent Weekend Of 2017
More people were shot in Chicago over this past weekend than any other this year, except for the Fourth of July weekend that spanned four days. According to the Chicago Tribune and police data, a total of 63 people were shot and 8 were killed as violence erupted all over the city.
21 August, 2017 by The TZ Newswire Staff Comments Off on ADP Rejects Pershing Square Board Nominees
ADP Rejects Pershing Square Board Nominees
Payroll processing behemoth Automatic Data Processing has officially rejected the slate of board nominations put forth by Bill Ackman’s activist hedge fund Pershing Square Capital Management, all but guaranteeing a bruising proxy battle leading up to the company’s annual meeting in early November.
21 August, 2017 by The TZ Newswire Staff Comments Off on Most Famous Musician Born the Year You Were Born
Most Famous Musician Born the Year You Were Born
In 1970, 11-year old Michael Jackson became the youngest artist to reach number one on the Billboard Hot 100 with “I Want You Back.” The Beatles broke up that same year, after having conquered…
21 August, 2017 by The TZ Newswire Staff Comments Off on How to Make Your Retirement Savings Last a Lifetime
How to Make Your Retirement Savings Last a Lifetime
Running out of money is a major concern for retirees. Social Security alone is not enough to finance anything but the most austere lifestyle, and few retirees are lucky enough to have a substantial pension from a former employer, so the bulk of retirement income must come from savings. If you’re already retired, you can’t do anything about how much you saved –- but you can optimize your management practices and stretch your money a bit further that way.
21 August, 2017 by The TZ Newswire Staff Comments Off on Target’s Same-Store Sales Are Finally (Sort Of) Growing Again
Target’s Same-Store Sales Are Finally (Sort Of) Growing Again
In this MarketFoolery podcast segment, host Chris Hill and Motley Fool Funds‘ Bill Barker discuss Target‘s (NYSE: TGT) second-quarter report, which offered a modicum of good news. When Barker parses the numbers, however, he’s less than impressed. The outlook it offered looked a bit light, too.