Its not rocket science. Its just common sense. From td ameritrade. Liz status quo again at the Federal Reserve. Ben bernanke hes seen walking and talking here, but its pretty much staying in place, staying the course on Monetary Policy again. No end to quantitative easing as its known in the foreseeable future. So time to move on to the friday jobs report perhaps. Were always looking at the next thing here on countdown to the closing bell. Good afternoon everybody. Im liz claman. This is the last hour of trade. Arguably the most important hour because its how the market ends, not how it begins. The fed made it pretty clear to the markets that rates are not going up any time soon. Asset purchases that its been making will continue. But the reaction in stocks, what do we see . A bit of selling pressure in the wake of the no decision decision. Dow jones industrials down about 23 points at the moment. But when you take it in the bigger picture, trading near five year highs. If the blue chi
The u. S. The president is threatening serious repercussions, its already affecting the bottom line for gm. Susan lee joins us from new york or what exactly the president is tweeting he might do. Theres a lot of disappointment and even anger. Frustration that was expressed clearly in the White House Press briefing. President trump tweeting very disappointed with General Motors and their ceo for closing plants in ohio, michigan, and maryland. Nothing being close in mexico in china. The u. S. Saved General Motors and this is the thanks that we get. We are looking at cutting all gm subsidies including for electric cars. General motors made a big china bet years ago when they built plants there in mexico. Dont think that that is going to pay off. Im here to protect americas workers. Buyers of gm made electric cars get 7500 in tax credits, a subsidy that goes away after 200,000 are sold. If a provision General Motors is lobbied to extend. As for moving production outside of the u. S. The au
Power Corp of Canada purchased a new position in shares of Weyerhaeuser (NYSE:WY – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 154,133 shares of the real estate investment trust’s stock, valued at approximately $5,359,000. Other hedge funds and other […]
Power Corp of Canada acquired a new stake in shares of Weyerhaeuser (NYSE:WY – Free Report) in the 4th quarter, HoldingsChannel reports. The firm acquired 154,133 shares of the real estate investment trust’s stock, valued at approximately $5,359,000. Several other institutional investors have also added to or reduced their stakes in the company. SVB Wealth […]
Garner Asset Management Corp lowered its position in Weyerhaeuser (NYSE:WY – Free Report) by 10.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,687 shares of the real estate investment trust’s stock after selling 6,405 shares during the period. Weyerhaeuser accounts […]