Yearly Archives: 2015

The Pros and Cons of Buying Unit Investment Trusts

What are UITs and what are the pluses and minuses? Unit investment trusts, or UITs, are a kind of investment fund that’s a cross between an actively managed fund and a set portfolio of investments. Investors buy units of a …Read more

Fed willingness to consider rate hike squashes stock rally

NEW YORK (AP) — Stocks are rising Wednesday afternoon, led by gains in energy stocks as the price of oil jumped. Apple rose after the tech giant reported another record quarter and robust sales of iPhones. KEEPING SCORE: The Dow …Read more

Wall St edges up after consumer sentiment data

U.S. stocks drifted higher after better-than-expected consumer sentiment data and as investors assessed mixed earnings from industrial heavyweights GE and Honeywell. GE’s shares rose as much as 3.4 percent to $28.99 – their highest since the financial crisis – after …Read more

Wall Street readies for earnings, volatility

Wall Street will also have plenty of economic data and comments from Federal Reserve policymakers to digest as the timing of a rate hike remains uncertain. “I think there’s still more volatility ahead until the Fed confirms the U.S. economy …Read more

Apple, Microsoft Lead ’15 Payout Hikes But Pace Slows

America’s biggest companies still sit on more than $1 trillion in cash, with Apple (NASDAQ:AAPL) alone holding $164 billion, but the pace of dividend increases so far in 2015 is the slowest in four years, amid the strong dollar, concerns …Read more