This Old House landscape contractor Roger Cook shows the right way to prune shrubs …read more
From:: DIY this old house
Ask Roger: How to Prune Shrubs
How to Build a Cornhole Game Set
Put down the tools and play! This Old House‘s Team Saturday game experts show you how you can heat up your summer barbecue with this popular beanbag-toss game …read more
From:: DIY this old house
How to Build a Cornhole Game Set
Put down the tools and play! This Old House‘s Team Saturday game experts show you how you can heat up your summer barbecue with this popular beanbag-toss game …read more
From:: DIY this old house
Synacor shares skyrocket on AT&T Internet contract
Synacor Inc. shares skyrocketed in the extended session Wednesday after AT&T Inc. awarded the video and Internet tech company a portal services contract that could bring in about $100 million a year in revenue beginning in 2017. Synacor shares jumped 130% to $3.25 after hours on heavy volume. Under the contact, Synacor will provide AT&T with desktop and mobile portal services designed to engage users and make money off of search results and advertising. Synacor expects to have early products up by the second quarter, with a broader offering by the fourth quarter. Synacor’s gain is Yahoo Inc.’s loss as AT&T shifts its portal hosting and search business away from Yahoo.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Einhorn comments ding Caterpillar, boost GM shares
Shares of Caterpillar Inc. declined and General Motors Co. rose in the extended session Wednesday after David Einhorn of Greenlight Capital commented on the stocks at the Ira Sohn hedge fund conference. Caterpillar shares fell 1.1% to $73.40 after hours as Einhorn said he doesn’t see the stock ready for a rebound anytime soon because of weaknesses in coal and iron mining. On the other hand, shares of GM rose 1.5% to $31.05 after hours. Einhorn said GM isn’t likely to be hurt by ride-sharing services because of consumers who live outside of urban areas. Plus, GM stands to benefit from an upswing in Europe’s car market and the company’s share buyback program.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Druckenmiller protege says bet against Saudi’s riyal
Hedge-fund manager Zach Schreiber, chief executive officer of PointState Capital LP, says Saudia Arabia’s currency is massively overvalued given the precipitous fall in the price of crude. Speaking at the Ira Sohn Investment Conference on Wednesday in New York, Schreiber recommended that investors buy the U.S. dollar and bet against the dollar-pegged riyal , which he argues hasn’t adjusted for an oil-dependent Saudi economy that needs crude at $90 a barrel. Brent crude oil, the international benchmark, has climbed about 50% since hitting a low around February but is still 60% lower since its June 2014 highs. Similarly, West Texas Intermediate crude oil , the U.S. benchmark, has gained nearly 70% since its February lows, but is down 60% since those 2014 peaks. Saudi Arabia is the world’s largest exporter of crude oil and a heavy-hitter within the Organization of the Petroleum Exporting Countries. Schreiber said he’s skeptical of recent moves by the Saudis to shore up their balance sheet, including Deputy Crown Prince Mohammed bin Salman’s multiyear initiative to wean the country from oil dependence. The Stanley Druckenmiler protege also argued that the Saudi’s plans to publicly list Saudi Aramco, the country’s behemoth energy company, won’t be enough to address what he describes as $7 trillion in liabilities. “The Saudis are taking their money out and hedging their bets, maybe you should do the same,” Schreiber said. About two years ago at Ira Sohn, Schreiber made the accurate prediction that oil was poised to tumble. That called made his firm $1 billion, according to Bloomberg.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Why are major housing markets going haywire?
OK, so, east of the Mississippi some of the nation’s slowest markets are beginning to heat up. And in the West, the hot markets are beginning to cool. Here’s the latest Trulia report on this peculiar activity. …read more
From:: Real Estate Wire
John Kasich suspends campaign, leaves the field open for Donald Trump nomination
Gov. John Kasich of Ohio, who has won just one state, suspended his campaign Wednesday, leaving the field wide open for real estate tycoon Donald Trump to secure the GOP presidential nomination. In an emotional speech, Kasich thanked his family, staff, and donors for their support. His departure comes after Trump’s resounding victory in Indiana’s primary. The other major contender, Sen. Ted Cruz, had thrown in the towel on Tuesday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
John Kasich suspends campaign, leaves the field open for Donald Trump nomination
Gov. John Kasich of Ohio, who has won just one state, suspended his campaign Wednesday, leaving the field wide open for real estate tycoon Donald Trump to secure the GOP presidential nomination. In an emotional speech, Kasich thanked his family, staff, and donors for their support. His departure comes after Trump’s resounding victory in Indiana’s primary. The other major contender, Sen. Ted Cruz, had thrown in the towel on Tuesday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
John Kasich suspends campaign, leaves the field open for Donald Trump nomination
Gov. John Kasich of Ohio, who has won just one state, suspended his campaign Wednesday, leaving the field wide open for real estate tycoon Donald Trump to secure the GOP presidential nomination. In an emotional speech, Kasich thanked his family, staff, and donors for their support. His departure comes after Trump’s resounding victory in Indiana’s primary. The other major contender, Sen. Ted Cruz, had thrown in the towel on Tuesday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News