Gap marks another retailer testing the market for subscription boxes. The apparel company’s baby division has rolled out its subscription offering to the public, Internet Retailer reported. A spokeswoman told the publication that Gap initially launched its program with a limited number of loyal shoppers. Over time, and quietly, it’s been expanded to a wider
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FundName Fund Weighting in Puerto Rico debt Market Value of Puerto Rico Debt Fund Assets” Oppenheimer Rochester MD Municipal Fund 22.40% $6,946,788.00 $30,947,106.00 Oppenheimer Rochester VA Municipal Fund 20.20% $15,032,633.00 $74,412,635.00 Oppenheimer Rochester ShrtDur HY Muni Fd 18.20% $273,351,491.00 $1,497,842,170.00 Oppenheimer Rochester Fund Munis Fd 17.70% $1,020,903,948.00 $5,776,883,928.00 Oppenheimer Rochester AZ Municipal Fund 17.30% $5,345,365.00
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Goldman Sachs could be a winner this earnings season even with weaker revenues, while General Electric could be a loser, with a rare profit miss, according to Morgan Stanley. Morgan Stanley equity strategists picked nine stocks they believe could be near-term movers in the early weeks of earnings season, either due to earnings or other
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Today’s investors are inundated with a surplus of investing information, which can make it more difficult to successfully construct an investment portfolio. What’s more, each and every person looking to invest has his or her own set of individual needs that call for special consideration. “It’s important that investors understand their goals, tolerance for risk
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The only thing more spectacular than the estate’s one-of-a-kind design is its palm tree-dotted backyard. Steps away from the mansion’s private surf lodge is an infinity pool, which overlooks the property’s 100 feet of oceanfront. “This house without a doubt is one of a kind,” says Hertzberg. “I challenge you ever to find another house
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Fee-based financial advisors have been among the more enthusiastic users of low-cost exchange-traded funds for years, but their interest has dramatically increased since the financial crisis. The latest survey of advisors conducted by the Financial Planning Association found that 88 percent of those surveyed now use ETFs, compared to 40 percent in 2006. Eighty percent
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Honeywell unveiled a corporate makeover on Tuesday that ties its growth more strongly to aerospace technology — the opposite of what activist investor Third Point Capital has urged since April. The results of the manufacturer’s portfolio review announced before U.S. markets opened said it would spin off its home and ADI global distribution business and
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Influential bond investor Bill Gross of Janus Henderson Investors said on Monday that financial markets are artificially compressed and capitalism distorted because of the U.S. Federal Reserve‘s loose monetary policy. “I think we have fake markets,” Gross said at a Janus Henderson event. Investors should brace for higher Treasury bond yields as the Fed begins
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One board seat, one epic battle. In the the culmination of the largest-ever proxy fight, Procter & Gamble will find out Tuesday if shareholders want to give Nelson Peltz a seat on the board of the owner of Bounty and Tide. It’s a fight that has cost millions and at times turned personal, pitting former
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One impetus for that stance was a white paper the Treasury Department released last week containing its recommendations to ease bank regulation. While the paper largely got lost in the headlines of the Las Vegas mass shooting and the daily drama coming out of Washington, it was viewed within the banking industry as an important
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Russia is within its rights to restrict the operations of U.S. media organizations in Russia in retaliation for what Moscow calls U.S. pressure on a Kremlin-backed TV station, a Russian foreign ministry spokeswoman said on Sunday. Russian officials have accused Washington of putting unwarranted pressure on the U.S. operations of RT, a Kremlin-funded broadcaster accused
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