admin – Page 20 – Your Economy Friend

Market Wrap: Stocks End Mixed After a Sizzling Alibaba IPO

July 2, 2015

AP/Richard Drew U.S. stocks closed little changed on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle (ORCL) and Yahoo (YHOO) stumbled, but the Dow managed to edge highe...

Last Week’s Biggest Stock Movers: Carbo Pumps Up, Etsy Slips

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June 25, 2015

Ipos

Spencer Platt/Getty Images Plenty of stocks go up and down in any given week. The gainers inspire us to keep investing. The decliners keep greed in check while reminding us about the risks of the equity marke...

Berkshire Hathaway’s 4Q Profit Gains on Improving Economy

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June 21, 2015

Insurance Industry

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Biz Brief: AMA Says 20% of Medical Insurance Claims Are Mishandled

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June 9, 2015

Insurance Industry

One in five medical claims is processed inaccurately by health insurers, the American Medical Association said on Monday. Without these errors, the health care system, which spends as much as $210 billion annua...

Fiat: No Chrysler IPO This Year

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June 9, 2015

Ipos

Chris Ratcliffe/Bloomberg via Getty ImagesSergio Marchionne, CEO of both Fiat and Chrysler Group. FLORENCE, Italy -- Chrysler won't be offering its stock for sale on the public markets this year. Italian autom...

The Week’s Winners and Losers: Fitbit Debuts, Gap Retreats

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June 6, 2015

Ipos

Richard Drew/APFitbit CEO James Park shows off one of his devices Thursday outside the New York Stock Exchange, before his company's IPO. There were plenty of winners and losers this week, with a popular pizz...

Money Minute: Amazon, Post Office Team Up for Sunday Package Delivery

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June 5, 2015

Ipos

Sunday package delivery may be on the way to your home -- if you have Amazon Prime. It's Veteran's Day, but the stock market is open. Last week, the Dow Jones industrial average (^DJI) rose 0.9 percent, clos...

AIG Forced to Lower AIA Valuation as Kuwait Fund Commits $1 Billion

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May 31, 2015

Insurance Industry

American International Group (AIG) has received a $1 billion commitment from Kuwait Investment Authority for AIA Group's Hong Kong initial public offering, Reuters reported, citing an unnamed source. But the Ku...

Legal Briefing: iPhone Antitrust Lawsuit Could Be Costly for Apple, AT&T

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May 31, 2015

Insurance Industry

Love Your iPhone But Hate AT&T? Help May Be Coming A antitrust lawsuit against Apple and AT&T is going forward as a class action, thanks to a California judge. The plaintiffs charge that Apple's (AAP...

U.S. Stock Futures Swing Back Up on Strong Data from Europe

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May 30, 2015

Nasdaq

NEW YORK -- Stock futures are heading higher after the biggest sell-off this year, with strong economic data coming out of Europe and the U.S. service industry expected to show further expansion, though at a sl...

Week’s Biggest Stock Movers: Shopify Jumps, Boulder Slumps

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May 30, 2015

Ipos

Richard Drew/APShopify officials celebrate the company's IPO in May on the New York Stock Exchange. Plenty of stocks go up and down in any given week. The gainers inspire us to keep investing. The decliners k...

Money Minute: Theaters See Fewer Moviegoers; ‘Candy Crush’ IPO Debuts

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May 30, 2015

Ipos

Get ready to play Candy Crush -- the stock, not the game. Shares of King Digital Entertainment, which makes Candy Crush Saga, begin trading Wednesday. The game is addictive, and the IPO could sparkle, but so...

Insurer Aetna to Buy Humana in $35 Billion Deal

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May 18, 2015

Insurance Industry

Jessica Hill/AP Aetna (AET) will spend about $35 billion to buy rival Humana (HUM) and become the latest health insurer bulking up on government business as the industry adjusts to the federal health care o...

AIG Sells Two Japanese Units for $4.8 Billion

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May 17, 2015

Insurance Industry

As expected, American International Group (AIG) said Thursday it will sell AIG Star Life Insurance and AIG Edison Life Insurance in Japan to Prudential Financial (PRU) for $4.8 billion. The deal marks yet anoth...

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