Investing Archives - Zxcoachoutlet

Unregulated ‘greenwashing’? ESG investing is under the microscope as the money rolls in

October 14, 2020

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The coronavirus pandemic has shone yet more light on how investors allocate their money and how company operations influence our societies.
But there are questions about whether ESG is really effective in improving and supporting our communities.
A portfolio manager told CNBC that companies can “hide” their actual carbon footprint by outsourcing parts of their production process.

Is sustainable investing just a marketing ploy?

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LONDON — There’s growing appetite to invest in a more sustainable way, but experts warn that transparency is needed in this space if it’s to really do any good for the planet.

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ESG (environmental, social and corporate governance) describes investments made with an aim to contribute to a better environment, society or workplace and it’s becoming increasingly popular. The share of global investors that have applied ESG criteria to at least a quarter of their total investments has jumped

Dillard’s jumps more than 20% after one of Buffett’s investing lieutenants discloses personal stake

October 13, 2020

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Dillard’s department store.

Source: Zereshk | Wikipedia

Shares of Dillard’s gained 27% on Monday — at one point during the session jumping more than 40% — after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer.

According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s, or about 5.89% of shares outstanding.

The Friday filing shows that Weschler topped the 5% threshold on Sept. 29. The filing noted that the shares will be held in a trust on behalf of Weschler’s family members.

Shares of Dillard’s are down more than 40% this year amid lackluster sales. In the latest quarter, however, the retailer reported a much smaller-than-expected quarterly loss thanks to inventory and cost control measures. Revenue, however, came up short.

Weschler, along with Buffett’s other protege, Todd Combs,

Smart Money Podcast: Reducing Taxes, and Picking the Best Investing Platform

October 12, 2020

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Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions.

This week’s episode starts with a discussion of the few remaining ways people can reduce their tax bills, including contributing more to retirement and health care funds.

Then we pivot to this week’s question from Marco in New York, who says, “I’ve learned a bit about stocks, index funds, mutual funds and so much more, but it’s very overwhelming and I’ve just been circling for weeks trying to decide where to open an account. I was hoping you could dive more into how to select the best platform to invest your money. What makes some better than others? I also currently have a 401(k) through my company. Is it smart to do my personal investing on the same platform to be consistent?”

Have a money question? Text or call us at 901-730-6373. Or you can email us

Dillard’s jumps more than 40% after one of Buffett’s investing lieutenants discloses personal stake

October 12, 2020

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Shares of Dillard’s jumped more than 40% on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer.
Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s, or about 5.89% of shares outstanding.

Dillard's department store.

© Provided by CNBC
Dillard’s department store.

Shares of Dillard’s jumped 45% on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer.

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According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s, or about 5.89% of shares outstanding.

The Friday filing shows that Weschler topped the 5% threshold on Sept. 29. The filing noted that the shares will be held in a trust on behalf of Weschler’s family members.

Shares of Dillard’s are down more than 40% this

Dillard’s jumps 15% after one of Buffett’s investing lieutenants discloses personal stake

October 12, 2020

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Shares of Dillard’s jumped 15% during premarket trading on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer.
Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s, or about 5.89% of shares outstanding.

Dillard's department store.

© Provided by CNBC
Dillard’s department store.

Shares of Dillard’s jumped 15% during premarket trading on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer.

Load Error

According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s, or about 5.89% of shares outstanding.

The Friday filing shows that Weschler topped the 5% threshold on Sept. 29. The filing noted that the shares will be held in a trust on behalf of Weschler’s family members.

Shares of Dillard’s are down

Daimler, Swiss Re Launch Mobility Insurance Venture | Investing News

October 12, 2020

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FRANKFURT (Reuters) – Swiss Re

and carmaker Daimler

announced a joint automotive and mobility insurance venture on Monday, seeking to tap into a wealth of new data generated by highly automated vehicles to help insurers to calculate risk.

The reinsurer and Daimler, parent of the Mercedes-Benz passenger car brand, set up Movinx, a Berlin-based intermediary they will co-own equally, the companies said in a statement.

As connected and autonomous cars generate live data about traffic flows, vehicle reflexes and driver behaviour, the companies expect new opportunities will arise to customise automotive and mobility insurance products.

“Even before cars come off the manufacturing line, we know the specific features and how that car would react in an emergency situation and we can provide a score to insurance partners to better underwrite the risk,” said Pravina Ladva, Swiss Re’s digital transformation officer.

Swiss Re already offers to price risk by looking at

Making Money Through Sustainability, Social Justice And ESG Investing

October 11, 2020

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Focused African man looking at model of wind turbine — getty

There are people, some of them financial advisors, who believe that you cannot make money through sustainability, social justice and ESG investing. (ESG stands for environmental, social and governance investing.) To be accurate, people don’t say you can’t make any money on these investments, just not as much money as you would if you didn’t factor in those considerations when picking your investments. Let’s put this to rest right out of the gate. John Hale of the renown MorningStar investment research firm has said that’s not true. And Morgan Stanley’s Sustainable Reality: Analyzing Risk and Returns of Sustainable Funds survey came to the same conclusion. It determined that the returns of sustainable funds were in line with comparable traditional funds by looking at the performance of nearly 11,000 mutual funds from 2004 to 2018. In fact, the report concluded that there were no statistically significant differences in total returns.

These money and investing tips can help you prepare for the future even though you can’t predict it

October 10, 2020

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MUTUAL FUNDS WEEKLY

Don’t miss these top money and investing features:

“It is difficult to make predictions, particularly about the future.” But these money and investing stories, popular with MarketWatch readers over the past week, offer advice and insights about managing your investments with foresight and vision.

INVESTING NEWS & TRENDS What the Harvard endowment’s below-average grade can teach you about index funds and your investments

Beating the market is tough — even for the best and brightest pros.

What the Harvard endowment’s below-average grade can teach you about index funds and your investments

Wondering how much your Social Security check will increase next year?

The Social Security Administration will soon set its COLA for 2021

Video: Time to make tactical moves: advisor (Reuters)

Time to make tactical moves: advisor

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Wondering how much your Social Security check will increase next year?

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Wall Street Week Ahead: U.S. Earnings Improvement Expected, but Still a Weak Quarter | Investing News

October 10, 2020

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NEW YORK (Reuters) – While good business news has been in short supply, investors may take slight comfort in coming weeks from U.S. corporate earnings that are likely to be bad, but not as bad as they have been.

Analysts expect third-quarter S&P 500 earnings to have fallen 21% compared with the year-ago quarter, a big improvement from second-quarter’s 30.6% drop that was most likely the low point for earnings this year because of coronavirus-fueled lockdowns, according to IBES data from Refinitiv.

Earnings reporting will get rolling next week with results from some of the big U.S. banks, likely impacted by near record low interest rates and the pandemic-induced recession. JPMorgan & Co.

and Citigroup

both release results on Tuesday.

(Graphic: S&P 500 Q3 earnings look bad, but not as bad as Q2 – https://graphics.reuters.com/USA-STOCKS/azgvoaoyzvd/chart.png)

Overall, S&P 500 quarterly results tend to beat analysts’ cautious expectations, and they could do

Analysis: U.S. Bank Stocks Are Fine, if You Are Rich in Patience | Investing News

October 10, 2020

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(Reuters) – The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook.

The S&P 500 Bank subsector , which kicks off its third-quarter earnings season on Oct. 13, was last down 33.7% for the year-to-date compared with a 5.8% gain for the S&P 500 index.

Banks have been such a drag on the broader S&P financial index that its 19% year-to-date decline is second only to energy’s 49.9% drop among the S&P 11 major sectors.

To be sure, if lawmakers in Washington manage to reach an agreement, a new fiscal stimulus package could help banks if it boosts U.S. loan growth, interest rates and economic activity.

And the bank index is up 12% from its intraday trough on Sept. 2 to