26 Oct 2014

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Shares of Netflix Inc. were down -115.59 or -25.77 percent to $333.00 per share in Thursday’s premarket, after the company announced earnings yesterday following the market close. While earnings were better than expected, revenue and new subscriptions failed to meet analyst forecasts. Netflix stock closed at $448.59 per share, off -0.53 or -0.12 percent in Wednesday’s regular trading session.

Los Gatos, California based Netflix Inc. is an Internet subscription service offering subscribers unlimited streaming television shows and movies that can be watched on television sets, computers or on mobile devices. The company currently operates in North and South America, the United Kingdom, the Caribbean, Scandinavia, the Netherlands, and Iceland. With this week’s expansion Netflix will have operations in 47 countries including six new markets in Western Europe.

Netflix reported earnings of $0.96 per share on $1.22 billion in revenue in the company’s fiscal third quarter. The ana

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If you suddenly need money quickly and you can not borrow from friends or family, consider the benefits of payday loans. The entire process is fast, easy, and very convenient. You repay the loan by direct deposit from your account. And you can use the money for whatever you want.

When you have found a lender, check out their services. Read the terms carefully and make sure you follow the instructions. Most lenders have a few simple qualifications. For example, you must be a citizen of the United States and at least 18 years. Also you must be with the same employer for at least six months. You must also meet the minimum requirements for salaries, but it is not difficult with safe cash advance loans from http://stlukeandstpaul.org/.

Most online lenders require applicants to have a bank account that can be accessed by direct deposit. This makes it easy for all of you and the borrowing process.

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itoggle caption Courtesy Elsie Shutt

Mark Zuckerberg. Bill Gates. Steve Jobs. Most of the big names in technology are men.

But a lot of computing pioneers, the ones who programmed the first digital computers, were women. And for decades, the number of women in computer science was growing.

But in 1984, something changed. The number of women in computer science flattened, and then plunged.

Today on the show, what was going on in 1984 that made so many women give up on computer science? We unravel a modern mystery in the U.S. labor force.

 

Last Monday we said, “We actually have a shot at setting 2014 lows this week if investors continue to shun stocks at the rate they have lately, and especially if there’s nothing in the economic news of concern.”

Well, that all seemed to be the case last week as mortgage rates returned to the lowest point last seen in February.

What’s causing mortgage rates to fall?

There has been a collection of factors in recent weeks forcing interest rates downward, including:

  • A gyrating stock market
  • Political trouble and economic softness overseas
  • Soothing words from the Federal Reserve about the prospects for changes in monetary policy

“At various points, all have served as reasons for investors to move into the relative safety of Treasury bonds, pushing yields and mortgage rates to the bottom of a six-month-long range,” wrote Keith Gumbinger, vice president, in HSH.com’s latest Market Trends newsletter.

Current mortgage rates

Here are the latest weekly averages according to HSH.com:

  • 30-year: The overall average rate for 30-year fixed-rate mortgages (conforming, non-conforming and jumbo) dipped by 0.05 percent to drop back to 4.38 percent, matching a previous 2014 low set during the week ending February 7
  • 15-year: The overall average rate for 15-year fixed-rate mortgages (conforming, non-conforming and jumbo) eased by 0.04 percent, falling to 3.53 percent for the week ending April 18 and close to 2014 bottoms
  • FHA: FHA-backed 30-year fixed-rate mortgages shed 0.03 percent on average to slip to 4.07 percent for the week
  • ARMs: The overall 5/1 Hybrid ARM also declined by 0.05 percent, ending the week at an average of 3.07 percent

What’s the future for mortgage rates?

Apparently, these historic lows could be short lived.

”Not reflected in [last] weeks figure, the strong Philly Fed report fostered a selloff in Treasuries on Thursday, producing a corresponding lift in yields of about 10 basis points,” wrote Gumbinger on Friday. “With markets in hol

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Tags: 2014 Lows, Lows

The boss of BA has blasted rival Virgin Atlantic’s UK arm – branding it “terrible”.

Doubts have been cast over the future of Little Red amid reports it is struggling to fill flights.

“It is looking terrible,” Mr Walsh said. “I’ve said the performance must be dreadful, I said it must be costing them a fortune but they say it’s fantastic.

“The truth is that they are struggling to get load factors above 50%.

They cannot make money by flying aircraft that are less than half-full.”

 

It got the routes after the EU ordered BA to give them up, as a condition of its purchase of loss making carrier bmi in 2012.

If Little Red failed, the airport “landing slots” would revert to BA.

Virgin Atlantic said recently: “We look at Little Red through the same lens as the rest of the business – it must deliver on performance, potential or strategic contribution.

“Little Red is still in its growth phase, so it is too early to comment on these criteria.”

 

Mr Walsh reiterated his claim that Virgin Atlantic was effectively “controlled” by US airline Delta, which owns 49% of the business.

He said: “Decisions are made in Atlanta by the Delta management team, who are one of the best in the business.

“To be honest the Virgin Atlantic brand has almost disappeared. T

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We got some great news earlier today for our limited partners. New York-based FolioDynamix is being acquired by NASDAQ-listed Actua for ~US$200 million. It was only the Spring of 2012 when we joined VCs ABS Capital and Edison Partners in the Folio Dynamics Inc. syndicate. What Folio Chairman and CEO Joe Mrak and his team have built clearly drew attention in a relatively short timeframe. And Actua, which calls itself the multi-vertical cloud company, had to have it.

FolioDynamix supplies a cloud-based technology platform to manage the full wealth management lifecycle for wealth service providers and investment advisors. It works across all account types including unified managed accounts and unified managed household programs. The company’s technology is complemented with institutional-quality research, content and consulting expertise delivered by its subsidiary, FDx Advisors, a registered investment advisor. F

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