Colgate up about 5 percent on a report from the London Telegraph that Reckitt Benckiser, a UK based consumer product company that owns Lysol household cleaner among other products, may be interested in purchasing the company. Read More
Dividends can be a way for investors to effectively safeguard returns during volatile times. Joseph Keating, CIO of Private Asset Management at RBC Bank shared some of his best dividend picks for investors. Read More
Stocks have given up all of yesterday’s strong gains now. The markets drifted lower into the early afternoon as the dollar flirted with its own session highs. Then, as the S&P 500 fell below its Wednesday close of 1,042 (which was a 3-week low), the markets took another move lower. A notable increase in volume of the S&P 500 SPDRs was also seen by traders as the S&P fell below this support level. Read More
The S&P 500 logged its best one-day percentage gain in three months on Thursday after GDP data showed the economy expanded at an annual rate of 3.5% in the third quarter. Read More
S&P 500 futures popped about 7 points as the initial Q3 GDP showed growth of 3.5 percent, above consensus of 3.2 percent. Also helping: continuing jobless claims fell to their lowest levels in seven months. Read More
The U.S. dollar has been edging lower against a basket of currencies as gains in global stock markets reduced the greenback's appeal as a safe haven. Eric Schoenstein, co-portfolio manager of Jensen Portfolio and Sam Stovall, chief investment strategist at Standard & Poor’s shared how investors can take advantage of the weaker dollar. Read More