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News & Updates

August 3, 2016 European bank rebound not enough to save world stocks from further losses

Source: Reuters

World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank policy and the recent spike in world bond yields, although European bank shares rebounded after two major earnings...

August 3, 2016 Expected Return Key to Pension Plan ESG Investments

Source: Bloomberg BNA

ERISA-covered pension plans may use ESG investment strategies, including avoiding gun firms, provided that such investments are expected to perform on a par with other available choices, attorneys told Bloomberg BNA in recent...

August 3, 2016 Activist investors have got their eyes on energy stocks

Source: CNBC

After a rebound in commodity prices and amid subsiding sector worries, three sources who spoke to CNBC think billion-dollar hedge funds that have in the past nudged corporate boards toward bigger buybacks and dividends will next...

August 3, 2016 Dow Jones 7 Day Losing Streaks

Source: Seeking Alpha

It has been an unlucky seven straight days of declines for the Dow Jones Industrial Average since the close on July 22nd. Seven-day losing streaks for the DJIA aren't that rare by any stretch of the imagination, though. Since...

August 3, 2016 Obamacare rates in N.J. may rise 5 to 26 percent

Source: North Jersey.com

With sign-ups for health coverage through the Affordable Care Act due to start in three months, the price of insurance on the marketplace for New Jersey will go up by 5 to 26 percent in 2017 — price hikes that reflect continued...

August 2, 2016 Rio 2016: Is Brazil ready for the Olympics?

Source: BBC

With its forest-clad mountains, famous long beaches and diverse communities living cheek-by-jowl, there has probably never been a more stunning backdrop for an Olympic Games.

August 2, 2016 Minuteman insurance co-op sues government

Source: Concord Monitor

A nonprofit health insurer with 25,000 customers in Massachusetts and New Hampshire has filed a federal lawsuit claiming it is being illegally punished for offering lower-cost products.

August 2, 2016 Global Stocks Down on Weak Oil Price, Decline in Bank Shares

The Wall Street Journal - The Stoxx Europe 600 was down 1.3% in low-volume trade as European banks deepened declines in the aftermath of Friday's stress-test results. Investorsâ?? concerns have mounted over the health of...

August 2, 2016 There's Nothing "Socially Responsible" About Low Pension Returns

Source: Economics 21

With the California Public Employees Retirement System reporting the lowest annual gain since 2009, it’s time to review the effectiveness of its socially responsible investment policy for California’s taxpayers.

August 2, 2016 U.S. crude edges back over $40, but oversupply still weighs

Source: Reuters

Oil prices edged up on Tuesday after U.S. crude broke below $40 per barrel the previous session, but traders said fuel markets continued to be dogged by excess production

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