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Tag: moves

Despite volatility, wealthy investors plan no money moves: CNBC survey

Despite volatility, wealthy investors plan no money moves: CNBC survey

Finance
It's hard to avoid the allure of panicky headlines when the Dow is below 23,000 and the Nasdaq has entered a bear market, but for every "record" stampede of investors into bonds and sudden flood of money into cash tracked by a Wall Street firm, there's a wealthy American making a money move that might seem even more shocking: not doing anything. The latest CNBC Millionaire Survey shows that even as volatility spiked in the period since September, wealthy Americans are not making major changes to asset-allocation models. Investors with at least $ 1 million in investable assets surveyed by CNBC in mid-November — when volatility was already high — said th...
Stocks making the biggest moves after hours: American Eagle, Dave & Buster's and more

Stocks making the biggest moves after hours: American Eagle, Dave & Buster's and more

Finance
Check out the companies making headlines after the bell: American Eagle shares fell more than 6 percent after the market-close Tuesday. The clothing brand missed revenue estimates revenue, reporting $ 1 billion while analysts expected $ 1.02 billion. It met earnings projections at 48 cents a share. It also reported 8 percent growth in comparative sales, while analysts estimated 8.5 percent growth. Dave and Busters shares dropped more than 15 percent during after hours trading despite beating analyst estimates. The company reported earnings of 30 cents per share, versus analyst estimates of 24 cents per share. It also reported $ 282 million in r...
It's not too late: 8 year-end money moves to make before Dec. 31

It's not too late: 8 year-end money moves to make before Dec. 31

Finance
Most people start the New Year off by resolving to do better when it comes to diet, exercise and paying down debt. Alternatively, you can take a proactive approach and reel in your finances before this year ends. (Resisting holiday treats is another story). Even with most Americans feeling more financially secure than they did five years ago, many are still concerned about their cash flow and struggle to set aside any type of savings. About 40 percent of adults said that if faced with a $ 400 unexpected expense, they would either not be able to pay it or would do so by selling something or borrowing money, according to the Fe...
Russian cyber security firm moves away from Moscow

Russian cyber security firm moves away from Moscow

Technology
Russian cyber security firm Kaspersky Lab is moving key parts of its business out of Moscow in a bid to address the risks arising from its exposure to the Russian intelligence services. Last year, the US Department for Homeland Security (DHS) and the UK's National Cyber Security Centre (NCSC) issued warnings regarding the use of Kaspersky software on critical government systems, citing legal powers in Russia, allowing the state to exert control over private companies.The warnings left Kaspersky Lab needing to reassure customers that their data was handled properly in what it has called a global transparency initiative.Crucial parts of its customer data processing and software production are being relocated to an automated data centre in a secured facility in the privac...
EU moves to protect large carnivores

EU moves to protect large carnivores

Science
The EU is to allow farmers to receive full compensation for any damages caused by attacks from protected animals like lynxes, wolves and bears.Other expenses including installing electric fences or acquiring guard dogs to prevent damage will also be fully reimbursed. The EU says the move will help protect large predators in areas where they have come into conflict with humans.Campaigners hope it will limit the need for culls. After many decades of decline, the numbers of large carnivores like wolves and bears are stable or increasing in many parts of Europe, often due to concentrated conservation efforts. 'Wolf-like' creature puzzles US experts Rare brown bear dies in capture operation There are now around 17,000 brown bears in E...