Stocks up for third week: Dow over 17,000

Stocks up for third week: Dow over 17,000

Traders work on the floor of the New York Stock Exchange on Feb. 12, 2016. (Photo: EPA/ANDREW GOMBERT) (Photo: ANDREW GOMBERT, EPA) U.S. stocks rallied Friday to log a third straight week of gains after the February jobs report came in stronger than … Continue reading at usatoday.com

FUND MANAGER: Investors are unprepared for the future of the market

Reuters/ Rick WilkingJohn H. Burbank, the founder of Passport Capital. Investors are unprepared for big changes coming to financial markets, says John H. Burbank III, the chief investment officer of the $ 4.5 billion hedge fund Passport Capital. “My … Continue reading at businessinsider.com

China sets economic growth target of at or above 6.5 percent in five year plan

BEIJING (Reuters) – China is aiming for average economic growth at or above 6.5 percent for the next five years, the government said on Saturday, as the world’s No. 2 economy seeks to balance deep structural reforms, gyrating financial markets and … Continue reading at finance.yahoo.com

Small Business

BNY Mellon May Face Suit over .12B Loss in RMBS Trusts

Legal headwinds pertaining to business malpractices before the 2008 financial crisis continue to haunt The Bank of New York Mellon Corporation BK. As per a Manhattan federal judge ruling, the company must face a lawsuit alleging that the bank has failed in … Continue reading at nasdaq.com

Hand size, not auto industy, focus of GOP debate

Republican presidential candidate, businessman Donald Trump argues a point as Republican presidential candidate, Sen. Marco Rubio, R-Fla., listens during a Republican presidential primary debate at Fox Theater in Detroit (Photo: Paul Sancya, AP) DETROIT … Continue reading at usatoday.com

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Small Business

Tax Season Nightmare: Couple Pays When H&R Block Makes Mistake

Steven and Adriana Rahal of Florida wanted a stress-free tax season, so they signed up for their tax preparer's money-back guarantee. But when the IRS found a mistake, Steven and Adriana had a hard time invoking that guarantee. After months of wrangling … Continue reading at abcnews.go.com

Ryan & Maniskas, LLP Announces Investigation Of PTC Inc.

WAYNE, Pa., March 4, 2016 /PRNewswire/ — Ryan & Maniskas, LLP has commenced an investigation into potential securities law violations by certain officers of PTC Inc. (“PTC” or the “Company”) (NASDAQ: PTC). PTC shareholders who purchased shares should … Continue reading at thestreet.com

Stocks up for third week Dow over 17000

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BART pulls plug on suspect substation, and train-car woes improve

30-foot-tall tree falls on 2 cars, Muni bus near SF Presidio Caption Close A brand-new, multimillion-dollar BART power substation near the Transbay Tube has been taken off line while officials try to determine whether it was responsible for knocking more … Continue reading at sfgate.com

Actions of indicted ex-energy CEO killed in car crash aren’t uncommon across U.S. shale patch

The actions that resulted in former Chesapeake Energy Corp. chief Aubrey McClendon’s indictment aren’t uncommon across the shale patch, lawyers and analysts said. McClendon was charged Tuesday with allegedly violating antitrust laws known as the Sherman … Continue reading at chicagotribune.com

Report says the next Ford Mustang is coming in 2020

The Ford Mustang may be getting a makeover sooner than expected. An industry forecast prepared by LMC Automotive for the accounting firm UHY LLC, which was posted to the enthusiast website Mustang6G.com, suggests that the start of production for the next … Continue reading at foxnews.com

* A strong jobs report pushed up the stock market higher Thursday, with the Dow Jones industrial average crossing 17,000 for the first time. The Department of Labor said employers added 288,000 workers last month, and the unemployment rate fell to 6.1 percent. The Dow rose 69 points, or 0.4 percent, to 17,044 as of 9:50 a.m. PetSmart, the pet supply chain, rose .88, or 13 percent, to .75 in early trading.

https://news.yahoo.com/dow-tops-17-000-strong-jobs-report-140134358–finance.html
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