Financial News And Alerts (2)

Financial NewsSan Francisco-based mostly snack meals company Diamond Foods Inc pays $5 million to settle civil charges that the company and two former top executives mislead buyers, lying about walnut costs to boost earnings, U.S. regulators stated Thursday.

HOUSTON (Reuters) – Halliburton Co stated on Wednesday that Chief Executive Officer Dave Lesar will retire on June 1 and get replaced by Jeff Miller, Lesar’s longtime deputy and fellow board member. The central bank acknowledged inflation had declined further under its 2 percent goal and that market-based value gauges had fallen substantially – a more negative assessment than it gave in December.

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With an inverse correlation between these two asset courses, investing in each can enable for an efficient diversification technique. This site is supported through the use of Microsoft Internet Explorer Browser, version 6.x or greater. Use of older or different browsers may trigger pages to improperly show. We regret any inconvenience that this may trigger.

Even if the severity of the promoting tapers off, 2016 will possible proceed to be a nasty yr for stocks, stated Mohannad Aama, managing director at Beam Capital Management in New York. The S&P 500 stock index is down roughly 10.3 p.c for the year to this point, whereas the Nasdaq Composite is down greater than 15 p.c over the identical time. We have sent you a confirmation e-mail to emailAddressData Please check your inbox and observe the directions to substantiate your e-mail deal with.