financializer news A weblog highlighting financial topics making news in the international media.

investment life: You don't have to relocate to Alabama, Georgia or Ohio to get your investment life in line with your personal faith, however, according to Market Watch. Believe it or not, there's a fund for that. Some have been floored that a holy mantra could impact laws and the penal code, while others have cheered the developments as a sign of a new spiritual alignment. Whether this segment of the Responsible Investment universe, generally referred to as Socially Responsible Investing or SRI, can beat the market is another matter. The 250 million Global X S&P 500 Catholic Values ETF CATH, -1.48% tracks the S&P 500 SPX, -1.19% with a faith-based overlay dictated by the Conference of Catholic Bishops, who have determined that Catholics should never invest in businesses engaged in abortion, contraception, embryonic stem cell research, racial and gender discrimination, pornography, arms production or other morally wrong business activities. Catholic-focused funds There are a variety of Catholic-values funds available for individual investors. (news.financializer.com). As reported in the news.

ruin huawei: Ordered by the Trump administration, a slew of US high-tech companies, including Google, Intel and Qualcomm, said they would move to cut off their supplies and services to Huawei Technologies of China, the world's flagship 5G leader, according to Global Times China. Following its earlier targets of ZTE and Fujian Jinhua Corp, a major Chinese chipmaker, the Trump administration obviously wants to pummel and ruin Huawei to remove a Chinese technology titan that rivals US companies in the global market. What motivates the Trump administration to accelerate the battle is its belief that by inflicting as much pain on China as possible, Beijing's dream of climbing up the high-tech economic ladder will be throttled. America's jitters about Huawei have been rising ever since 2012, when Huawei's 4G-LTE-TDD mobile technology succeeded, winning market share across Asia, Europe, Africa and beyond. Now the company, with business networks in over 170 countries and regions, is the world's largest and also the most advanced 5G equipment maker, the second largest smartphone and tablet manufacturer, and now is miraculously growing to become a heavyweight high-end chips maker. Following its 4G surprise win, Huawei has significantly ratcheted up investment in new technology research and development. (news.financializer.com). As reported in the news.

muslim population: Its abundant natural resources, its large Muslim population and its geographic location at the crossroads of Asia, the Middle East and Europe make it an increasingly important geopolitical consideration, according to The Japan Times. Japan should use its long, underappreciated history of engagement with Central Asia to promote stability in this vital area. While that region usually gets little attention except when things go wrong or when foreign media highlight its quirks it has assumed growing importance in geopolitics. During the 19th century, Central Asia was the locus of the Great Game, a geopolitical contest between the British and Russian empires that became the template for future great power rivalries. The terror attacks of Sept. 11, 2001 the planning, logistical and financial support for which originated in that part of the world made clear that Central Asia could no longer be ignored. ; Russia and China led the institutional forays into the region with the creation in 2001 of the Shanghai Cooperation Organization, a grouping that originally included those two countries, along with Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. The region was incorporated into the Soviet Union and largely ignored during the Cold War; dissolution of that empire and the emergence of a handful of independent states with untested governments created opportunities for engagement, but most attention was focused elsewhere. (news.financializer.com). As reported in the news.

show economy: REUTERS/Pilar Olivares The government now expects gross domestic product to grow 1.6% this year, down from a prior outlook for 2.2% growth, and consumer prices to rise 4.1%, up from a prior 3.8% projection, according to a bimonthly fiscal report, according to The Independent. The widely flagged cut in growth expectations comes a week before official figures are expected to show the economy shrank in the first quarter, and heaps political pressure on far-right President Jair Bolsonaro, whose poll numbers are falling. A costumer looks for drinks at a supermarket in Rio de Janeiro, Brazil May 10, 2019. Indicators of economic activity in the first quarter have not recovered as we had hoped, especially manufacturing and industry, the economy ministry report said. To that end, a further shortfall of 2.18 billion reais 539 million projected for this year will be covered by cash from a reserve fund rather than further spending freezes or cuts. Weaker growth means the central government's primary deficit will widen unless it takes further steps to keep its 139 billion reais projection intact, officials told journalists. (news.financializer.com). As reported in the news.

city: I have talked with a local friend about this argument during my recent visit to the city, according to Global Times China. He said Dubai had, indeed, experienced a slide after the 2008 financial crisis. They would keep asking questions about sustainability, even though the most open and prospering city in the Middle East, which has used energy to continue developing, has showcased strong momentum for development. It is still slowly recovering from that impact. This will help the country that is dependent on petroleum maintain its charm to international capitals and talent. However, the United Arab Emirates UAE didn't change its policies and has kept opening up. (news.financializer.com). As reported in the news.

arrangement cva: He had previously offered a 50m loan for the business and to give landlords a 10% share in the proceeds from any future sale of the business, according to The Guardian. The latest offer comes as Green hopes to announce the financial rescue plan which involves an insolvency process known as a company voluntary arrangement CVA within days. In talks intended to clear a path for the closure of about 60 of the group's 570 stores and rent cuts on dozens more, Green has also offered a 50m cash investment for updating stores and online sales infrastructure at his Arcadia Group. He is battling to secure backing from landlords and those acting on behalf of pensioners for a deal well ahead of the Arcadia's next rental payment in late June. Arcadia's pension trustees, backed by the pensions regulator, are thought to want a 400m cash injection in order to agree to a cut in annual payments. As part of the rescue deal, Arcadia also wants to halve payments to its pension fund to 25m a year, only two years after agreeing to increase them to 50m. (news.financializer.com). As reported in the news.

hallmarks: The question that murmurs through markets is not What is good or What is fair but What's new This future orientation is one of the most striking hallmarks of modernity, according to The Guardian. Pre-capitalist societies looked to the past to founding myths, old religions and ancestral lines. The ideas that underpin market economies growth, accumulation, investment express an unspoken assumption, that tomorrow will be different, and probably better, than today. Capitalist societies look to the future to new inventions, broader horizons and greater abundance. Opportunity and uncertainty go together. Oh, the places you'll go! is an ur-text of market capitalism. interactive Change is of course a mixed blessing. (news.financializer.com). As reported in the news.

union: Both groups are headquartered in Washington, according to The Independent. On one level, hiring Lorence seems a no-brainer. Chris Lorence, ICBA's chief marketing officer since 2003, is moving across town to CUNA, where he'll serve as chief credit union awareness officer. Digital marketing was his focus at ICBA, and both Forbes and Social Media Marketing recognized him for his professional acumen. ICBA went so far as to sue the industry's federal regulator, the National Credit Union Administration, in September 2016 over revisions it made to its member business lending rule. At the same time, banks and credit unions have spent decades sniping at each other, with the credit union industry's exemption from federal income taxes the primary bone of contention. (news.financializer.com). As reported in the news.

topix index: Tuesday, it dropped 29.28 points. ; On the other hand, the Topix index of all first-section issues finished down 4.09 points, or 0.26 percent, at 1,546.21, after losing 4.62 points the previous day, according to The Japan Times. The Nikkei made a firm start thanks to robust U.S. equities and the yen's weakening. The 225-issue Nikkei average rose 10.92 points, or 0.05 percent, to end at 21,283.37. The Wall Street rebound came as concerns over the U.S.-China trade row eased somewhat due to Washington's decision to loosen its trade restrictions on China's Huawei Technologies Co., brokers said. It intermittently fell into negative territory in the afternoon. The key index soon lost steam, however, partly weighed down by a drop in Shanghai equities and a slight rebound of the yen, they said. (news.financializer.com). As reported in the news.

trade woes: Bloomberg News/Landov Caption outside of wrapper for normal article images Target shares rally on strong quarterly earnings, according to Market Watch. U.S. stocks finished lower Wednesday as lingering trade woes overshadowed the release of the minutes from the Federal Reserve's policy meeting that was largely interpreted as accommodative. That error has been corrected. How did the major benchmarks fare The Dow Jones Industrial Average DJIA, -1.11% dropped 100.72 points, or 0.4%, to 25,776.61 and the S&P 500 index SPX, -1.19% fell 8.09 points, or 0.3%, to 2,856.27. What drove the market Minutes for the rate-setting Federal Open Market Committee's April 30-May 1 meeting indicated that the voting members agreed the current accommodative policy can remain for now and that they were comfortable with the wait-and-see approach. The Nasdaq Composite Index COMP, -1.58% slipped 34.88 points, or 0.5%, to 7,750.84. (news.financializer.com). As reported in the news.

venezuelan families: And the family's savings had been devastated by the nation's hyperinflation, limiting Cordero's children to a diet of rice, beans, pasta and fried corn patties, according to The Japan Times. But the family got a break from their daily struggle to feed themselves this spring when a social worker enrolled them in a program run by a Silicon Valley startup that is donating cryptocurrency to hundreds of Venezuelan families. ; Every week from February to April, Cordero received a deposit of EOS tokens through a cellphone app. Her husband, a construction worker, was out of a job. She then traded the digital money for local currency through online transfers and used the funds to shop in market stalls. And there were also vegetables for the kids. We finally got to eat chicken Cordero said. (news.financializer.com). As reported in the news.

wall street: In an interview with Market Watch, Ciovacco shared the below chart revealing an unusual technical move that points to two years of gains for the S&P 500, according to Market Watch. He refers to it as a rare intermediate shift in S&P 500 momentum that has only been seen 16 prior times in the last 70 years. However, the persistent, tit-for-tat Sino-U.S. tariff dispute that has underpinned a recent bout of volatility in stocks may matter much less than Wall Street thinks, per our chart of the day, provided by Chris Ciovacco, founder and chief executive officer of Ciovacco Capital Management. Caption outside of wrapper for normal article images Train your eyes on the black line at the bottom of the chart. When the MACD line moves below zero, as it did through the latter months of last year, it indicates investors are exiting stocks, and markets are trending down. That's the moving average convergence divergence indicator MACD a metric used by chartists to help to determine whether institutional investors are moving in or out of an asset. (news.financializer.com). As reported in the news.

industries: Regardless, the high number of proposals reflect the increasing scrutiny Amazon faces as it spreads across industries, according to CNN. All of them failed, which is typical for shareholder meetings. (news.financializer.com). As reported in the news.

morehouse college: By Tennyson Donnie Coleman NJ Advance Media for NJNot too long ago, Ernest Holmes was a high school student walking the halls of Sayreville High School in Middlesex County, according to MSNBC. Fast forward to this past weekend, and he's now an alumnus of Morehouse College in Atlanta. Accu Weather Quick Look Change your current location Current Tonight Tomorrow View Full Weather Report SubscribeNJ Cannabis InsiderNJ High School Sports LIVEEmail Newsletters The Star-Ledger The Times of Trenton The Jersey Journal South Jersey Times Hunterdon County Democrat Sign In Close You are signed in as Public Profile Edit Profile Sign Out Search News Here's what it feels like to have a billionaire pay off your student loans Posted May 22, 2019Tennyson Donnie Coleman NJ Advance Media for NJErnest Holmes, of Sayreville, is a 2019 graduate of Morehouse College in Atlanta. Holmes, 21, graduated magna cum laude Sunday with degrees in both computer science and mathematics. At Morehouse's commencement ceremony, he and his fellow Class of 2019 graduates found out all of their student debt would be paid off by an unlikely source their commencement speaker. But that's hardly the only highlight of his graduation weekend. (news.financializer.com). As reported in the news.

power: What did this report reveal Donald Trump and his inner circle both publicly and privately colluded with a foreign power and its representatives to influence the 2016 presidential election and ensure Trump's victory, according to MSNBC. Both in public and private, Trump obstructed justice in an effort to stop Mueller's investigation. If you have an older Salon account, pleaseenter your username and password below sign in Forgot Password Hello, ! Log Out ; Up Next Vida Love and loss in L.A.'s Eastside Melanie McFarland Trump's latest stunt backfires Sophia Tesfaye Banker who loaned Trump money does well Igor Derysh AP/Getty/Salon Malcolm Nance Mueller gave Trump a pass for the greatest scandal in American history Author and former intelligence officer says Mueller pulled every punch, Trump must be impeached to save America function share fb url height 436 ; function share reddit url height 436 ; function share twitter url, title height 436 ; function open modal // Get the modal var modal // Display the email modal modal.style.display block ; --Sharesx Your message has been sent successfully Send email to From email Message content Check out this article! Send Chauncey DeVega May 22, 2019 7 30PM UTC On April 18, Attorney General William Barr released his redacted version of special counsel Robert's Mueller's report about the Trump-Russia scandal and obstruction of justice. By virtue of his behavior as detailed in the Mueller report and his other conduct in office all of which easily meets the standard for high crimes and misdemeanors Trump should be impeached, convicted and removed from the But on April 18 the world did not stop. Malignant reality has not ended, nor did the clouds over American democracy and society suddenly clear. America's political terrain has not been radically changed in the weeks since. (news.financializer.com). As reported in the news.

street stores: The company is battling the transfer of clothing sales online and it had previously told the City to expect about 100 closures, according to The Guardian. M&S chief executive Steve Rowe said We can't flinch from making the changes we need to make to modernise the business. The retailer said it planned to close 72 of its big high street stores, on top of the 48 it has already shut. We need to learn the lessons of the past and churn our store estate continually. The 135-year-old mainstay of Britain's shopping streets was starting to show signs of recovery, Rowe claimed, although fresh sales falls in clothing and food sales meant the UK business shed 170m of sales in the year to 30 March. The news of the extra branch closures it is also shutting 25 of its smaller Simply Food convenience stores came as the company pointed to green shoots of recovery, despite annual profits being pulled down by a 440m bill for a modernisation programme. (news.financializer.com). As reported in the news.

week trump: Number 8860726, according to MSNBC. Discover M&T Show Manufacturing Products More Menu Log In or Register Talent Technology & Chain The EconomyM&T Show Manufacturing Products Industry Week Best Plants AwardsIW US 50 BestIW US 500IW 1000Manufacturing Leader of The Week Trump and Manufacturing Cloud Manufacturing Automotive Landscape Cloud Computing The Connected Enterprise Industry Intelligence Market Reports Webinars White Licensing Privacy Statement Terms of Service Cookie Policy Search Log Job Cuts Are at 38,000 and Counting May 22, 2019US Firms Rethink China Presence Due to Trade War Survey May 22, 2019Carriers Drop Huawei Phones as US Crackdown Crimps Plans May 22, 2019British Steel Collapses in Blow to UK Heavy Industry May 22, 2019Sasol Ramps Up Cost for Giant US Plant to Near 13 Billion May 22, 2019educatione Book on Operational Excellence Featured Top 10 Most Corrupt Countries of 2019 May 02, 2019Fashionably Great Highlights from First-Ever Industrial Wearable Fashion Show Apr 08, 2019Exposing the Top Ten Manufacturing Tech Trends of the 2020s Feb 28, 2019Top 25 Supply Chains of 2018 Jun 25, 2018 The Economy The Green New Deal Has Value and Needs Manufacturing to Work Manufacturers should not shy away from the debate, but actively engage. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Keith B. Belton May 22, 2019 What is the Green New Deal Republicans call it an economic sledgehammer to America's middle class. Both Democrats and Republicans see it as a defining issue for the 2020 election. Democrats say it is the only plan to address climate change on the scale of the crisis. (news.financializer.com). As reported in the news.

benchmarks fare: The Nasdaq Composite Index COMP, -0.45% gained 83,35 points, or 1.1%, to 7,785.72, according to Market Watch. What drove the market Stock buying returned to markets after technology sector losses. losses Monday concentrated in the Shares of chip makers bore the brunt of declines after technology companies in the U.S. and elsewhere said they have started to comply with the White House's ban on China's Huawei Technologies Inc. How did the major benchmarks fare The Dow Jones Industrial Average DJIA, -0.39% rose 197.43 points, or 0.8%, to 25,877.33, while the S&P 500 index SPX, -0.28% gained 24.13 points, or 0.9%, to 2,864.36. U.S. officials said late Monday they would offer some temporary exceptions to an export blacklist against Huawei Technologies Co., which will provide some suppliers and customers of China's telecom giant a 90-day reprieve from tough trade penalties a move that appeared to soothe investor anxiety somewhat. He also said the company has been stockpiling chips, and, therefore, is well prepared for that ban. However, the rhetoric didn't let up on Tuesday as the chief executive of Huawei, Ren Zhengfei, fired back against the blacklist for his company, saying the U.S. government is underestimating how powerful his company will be in 5G in a few years. (news.financializer.com). As reported in the news.

anything right: But he says he's got the solid stock picks that they need, according to Market Watch. Murphy said the interventions introduced by the government to help fix the economy after the financial crisis are beginning to wear off, and the ending of this sedative on the economy is causing uncertain times for these investors. A new generation of investors is awakening without memory of risk, warns our call of the day, from Jack Murphy, chief investment officer of Levin Easterly Partners. And what they want more than anything right now is certainty from their investments, he says. Murphy was speaking at the private asset management firm's annual Chief Investment Officer Summit on Monday. The problem is that some are quick to buy companies that show signs of momentum in their businesses, but at the same time will just as quickly sell shares of those that hint of any uncertainty. (news.financializer.com). As reported in the news.

export technology: Last week's blacklist order said U.S. companies could no longer export technology to Huawei, according to Market Watch. However, U.S. officials said Monday they would grant temporary exceptions. President Trump's ban on China telecom giant Huawei is hurting technology stocks because Huawei is a big customer of prominent U.S. companies. Which companies may be hurt more than others For astute investors, segmented money flows provide an edge in doing good analysis. Chart Please click here for the chart showing segmented money flows in 11 popular tech stocks. Let's explore with the help of a chart. (news.financializer.com). As reported in the news.

management group: But before it could feel comfortable unveiling those plans, Toyota put in months of work to pledge fresh investment in the United States. ; The technology transfers represent gestures of goodwill to Beijing by the leading Japanese automaker, which wants to step on the accelerator in China as CEO Akio Toyoda told an internal management group, according to the minutes of meetings on March 19 and April 23, according to The Japan Times. Announcing U.S. investment first was a strategy Toyoda felt the company needed to pursue in order to avoid President Donald Trump's wrath, the minutes showed providing a rare window into how it has sought to tread carefully as the United States and China battle for investment, jobs and influence in the global economy. The automaker said it will establish a green-tech research institute with Tsinghua University and provide state-owned BAIC Group's Foton unit with fuel-cell technology for buses. For Toyota to operate globally, we need to strike a fine balance between China and the United States, the March 19 minutes quoted Toyoda as saying. According to the April 23 minutes, the automaker is making what one unnamed senior executive described as a significant move to steer its focus to China a market where it is far behind industry leaders Volkswagen AG and General Motors Co. It's imperative to avoid making enemies. (news.financializer.com). As reported in the news.

account: The The Merl account went viral in April last year when it tweeted an old picture of a large ram with the caption Look at this absolute unit, according to The Guardian. The tweet has now been retweeted more than 31,000 times and has over 111,000 likes. Tesla's Elon Musk reaches deal with SEC over Twitter use Read more Adam Koszary, programme manager for the UK's Reading Museum and Museum of English Rural Life TheMERL run by the University of Reading, will join Tesla in July, according to his Twitter account. The Museum of English Rural Life TheMERL look at this absolute unit. 9, 2018 Last month Musk changed his Twitter bioto absolute unit and his picture to the image of the sheep. The tweet led to a series of messages from Musk ending with one reading My Twitter is pretty much complete nonsense at this point. TheMerl returned the compliment by changing its bio photo to one of Musk. (news.financializer.com). As reported in the news.

apple inc: Harvard Management Co Inc who had been investing in Apple Inc for a number of months, seems to be bullish on the 842.41 billion market cap company, according to MSNBC. The stock decreased 3.13% or 5.91 during the last trading session, reaching 183.09. The hedge fund held 1.04M shares of the computer manufacturing company at the end of 2018Q4, valued at 164.19 million, up from 107,903 at the end of the previous reported quarter. About 38.61M shares traded or 32.65% up from the average. AAPL has risen 0.49% since May 21, 2018 and is uptrending. Apple Inc. (news.financializer.com). As reported in the news.

bristol john: Bristol John W & Company Inc who had been investing in Comcast Corp New for a number of months, seems to be bullish on the 194.83 billion market cap company, according to MSNBC. The stock increased 0.34% or 0.15 during the last trading session, reaching 42.92. The institutional investor held 2.43M shares of the television services company at the end of 2018Q4, valued at 82.69M, up from 2.04 million at the end of the previous reported quarter. About 4.80 million shares traded. It has outperformed by 1.62% the S&P500. Comcast Corporation CMCSA has risen 5.99% since May 21, 2018 and is uptrending. (news.financializer.com). As reported in the news.

campaigners: The letter was a hoax, carried out by the Yes Men, a group of pranksters with a history of embarrassing big companies, according to The Guardian. But while the message was fake, the concern behind it was not environmental campaigners see Black Rock as a key obstacle to progress on meeting climate crisis goals. The media jumped on the announcement, which appeared to herald a new era of finance facing up to the perils of the climate emergency. Now they are stepping up the pressure on the world's biggest asset manager which faces its shareholders at its annual meeting on Thursday to use its influence on some of the world's biggest polluters, as it has done previously on issues such as executive pay. Since then, New York-based Black Rock has risen to become an investing behemoth, controlling 6.5tn in assets a value more than twice the annual output of the UK economy. Fink, who was paid 24m 18.8m in 2018, began Black Rock as part of Blackstone, the world's largest private equity group, and spun it out in 1995. (news.financializer.com). As reported in the news.

company: Lumina Fund Management Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the 861.41 billion market cap company, according to MSNBC. The stock increased 2.26% or 4.13 during the last trading session, reaching 187.22. The institutional investor held 23,000 shares of the computer manufacturing company at the end of 2018Q4, valued at 3.63M, up from 18,000 at the end of the previous reported quarter. About 15.98 million shares traded. AAPL has risen 0.49% since May 21, 2018 and is uptrending. Apple Inc. (news.financializer.com). As reported in the news.