Business
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FleetCor stock rises after announcement of strategic review
Shares of FleetCor Technologies Inc. FLT, -1.39% were headed more than 1% higher in premarket trading Monday after the business-payments company said it would conduct a strategic review. Fleetcor will engage in “a review of its portfolio and business configuration, with the goal of driving enhanced shareholder value,” according to a Monday morning press release.…
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Apple’s drop shows price of popularity
CHAPEL HILL, N.C. (MarketWatch) — What investment lesson are you drawing from Apple’s breathtaking plunge over the last couple of months? The one I think is most important is a contrarian one: To find your prince, you need to be willing to kiss a frog. For years now, this contrarian lesson was dismissed by Apple…
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My daughter has her heart set on attending a Canadian college. Will my 529 account still receive the tax benefits?
My daughter is considering a Canadian school for her Bachelor’s degree. The school is on the U.S. Department of Education’s website as a “deferment only” school, which means a student cannot get new federal loans while at this school. But if she has existing loans, they can be deferred while she goes to this school.…
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Is Facebook growing fast enough?
CHAPEL HILL, N.C. (MarketWatch) — Facebook Inc.’s revenue is growing at a fast pace. But it isn’t growing fast enough to support the social network’s current stock price. Facebook US:FB released its latest quarterly earnings after the close on Wednesday — reporting quarterly revenue of $1.59 billion. That brought revenue for all of last year…
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‘My elderly uncle’s lady friend is very manipulative’: He loaned a lot of money to this girlfriend. How can we protect him? Will she be able to contest his will?
My uncle was married many years ago, but he divorced and has remained single ever since. His first wife took him to the cleaners financially. They had no children. He is currently in a romantic relationship and has enjoyed the company of the same lady friend for many years. They live separately. He is opposed…
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The 5 biggest investor mistakes of 2013
CHAPEL HILL, N.C. (MarketWatch) — The biggest mistake investors will make in 2013 will be to reduce their equity positions in favor of either cash or bonds. That, at least, was the consensus of a panel of top-performing advisers assembled Thursday at the World Money Show in Orlando. The show’s sponsor, InterShow, had asked me…
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Tesla outpaced European competitors in February, growing EU market share
Tesla Inc.’s new car registrations in the European Union shot up in February as the company took a bigger chunk of the bloc’s passenger car market compared with a year ago, according to figures released Tuesday by the European Automobile Manufacturers Association, known as ACEA. ACEA said that Tesla’s TSLA, +7.82% EU registrations, which reflect…
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Cathie Wood’s internet fund make its first Microsoft purchase
Cathie Wood on Monday bought a stock she doesn’t trade very much — Microsoft MSFT, +0.17%. The ARK Next Generation Internet ETF ARKW, +5.36% bought $11 million worth of Microsoft, selling the equivalent dollar amount of Endeavor Group EDR, +2.61%, the talent agency. That’s the first purchase in that fund of Microsoft, according to the…
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U.S. stocks hold gains as bank tensions ease and Fed decision looms
U.S. stocks were holding onto gains midsession Tuesday after a sharply higher opening, while anxiety about the banking sector recedes and traders wonder how high the Federal Reserve will raise interest rates on Wednesday — if at all. How stocks are trading The S&P 500 SPX, +0.77% climbed 22 points, or 0.5% to 3,973 The…
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How to pick dividend-paying stocks
CHAPEL HILL, N.C. (MarketWatch) — So you’ve finally decided to heed the oft-repeated advice to invest in dividend-paying stocks. Now what? It turns out that you still have an overwhelmingly large number of stocks to choose among. In 2012, for example, more than 400 of the 500 stocks in the S&P 500 index SPX, +0.67%…