Nasdaq was forced to cancel a number of stock trades in Kraft Foods after a trading glitch caused the company’s shares to shoot up nearly 30 percent. The trading error comes just days after Kraft Foods and their former snack business Mondelez International began trading as two separate companies. Kraft and Mondelez have recently switched…
An advisory group set up by the European Commission has called for Europe’s biggest banks to keep their traditional deposit-keeping business legally apart from other, higher-risk activities. The recommendations intend to safeguard ordinary bank clients and savers from future banking crisis and to avoid further shocks to the banking system. The Liikanen Group made the…
“We established a strategy to invest in the only high street in Boston, where there was no single owner of more than 10 buildings on a 200 building street. We created an institutional product by building a critical mass of buildings to benefit from economies of scale and the creation of a brand. Institutional investors…
When it comes to common mistakes in the real estate market, here are the top 9 slip-ups agents point to, in terms of costing sellers the most time and money: Overpricing Your Home The worst mistake when selling a home, by far, is not listing at the right price. Sure, you’d like to maximize what…
When you first put your home on the market it may seem counterintuitive for you to have to think like a buyer, but that is just what you need to do. Even if you can’t have the upperhand (being the buyer) you can still do a few simple things to make your home more beautiful….
Punta Cana has emerged as a tourism hot-spot — one of the most favored tourist gateway in the world, today. Strategically located on the eastern coast of Dominican Republic, this culturally rich city is fast becoming one of the most lucrative and profitable places to invest in the Caribbean region as well.Tourists, potential expats and…
When trying to grow their small business, one of the biggest decisions business owners have to make is when to hire new sales staff. As business owners know, bringing on new employees is not cheap. To make matters worse, many small business owners aren’t skilled when it comes to sales – so training new sales…
Even if you have set a budget for yourself, it can be easy to come up short each month. If you’ve been struggling to make ends meet for a few months, you have probably already started making changes. You may have started cooking meals at home, or stopped getting that second pre-work coffee. While trimming…
Basics of Self-Directed 401(k)A 401(k) is a savings plan offered by employer wherein employees have the option to invest part of their earnings for retirement benefits. Some employers also make a corresponding matching contribution in the 401(k) plan. A traditional 401(k) offers a limited menu of investment options and in most case it is limited…
Becoming a homeowner is a rite of passage for many Americans. It’s a source of pride, an investment and a sign of success. Unfortunately, one of the first difficulties new homeowners or investors encounter is that homeownership goes hand in hand with repairs and home improvement projects. Calling professionals to continually care for routine problems…
