Latest news for BlackRock Global Allocation Inv A(MDLOX) (See analysis on MDLOX)
Aggregared News for BlackRock Global Allocation Inv A(MDLOX) from various sourcesDo Multiasset Volatility-Protection Funds Deliver?
25 Funds Investors Are Dumping
Overview of BlackRock Global Allocation Investor A Fund (MDLOX)
Latest business news
Wednesday October 26th 2016: Latest financial news from the worldEarnings in focus as Apple weighs; Boeing lifts Dow
Apple, the world's largest exchange-traded company, fell 2.2 percent after it acknowledged that strong demand for its iPhone 7 Plus caught the company off-guard and it was struggling to keep up. On the other hand, Boeing shares hit their highest level since Dec. 31 after the planemaker reported a jump in quarterly profit despite slower sales. Boeing closed up 4.7 percent at $145.54.
Tesla reports first quarterly profit in more than three years
Tesla, led by billionaire entrepreneur Elon Musk, recorded net income of $21.9 million, or 14 cents per share, for the third quarter ended Sept. 30 compared with a loss of $229.9 million, or $1.78 per share, a year earlier. Tesla, which went public in 2010, had not made a net quarterly profit since the first quarter of 2013. On an adjusted basis, Tesla reported a profit of 71 cents per share, compared with a loss of $1.35 per share in the same period last year.
Boeing sees cash growth even if sales, production slow
Boeing also said it would deliver more commercial planes than originally planned for the year and that cash flow will keep rising through the end of the decade. Boeing held off cutting production of its profitable 777 jets to account for slowing sales and the transition to the successor 777X, as some analysts expected. Boeing already plans to cut 777 production to 7 a month next year from 8.3 currently.
U.S. housing, trade data boost third quarter GDP growth prospects
Other reports on Wednesday suggested a stronger pickup in economic growth in the third quarter than is currently anticipated. The goods trade deficit narrowed sharply, while both wholesale and retail inventories increased in September. "A lot of the pieces of the puzzle have come back together in a positive direction, with a pickup in the export of goods to the rest of the world and new home sales," said Chris Rupkey, chief economist at MUFG Union Bank in New York.
Microsoft launches first desktop, Windows update with 3D features
Microsoft Corp on Wednesday unveiled its first-ever desktop computer and a free update to its Windows operating system that allows edits using 3D simulations, in hopes of reinvigorating its computing business. The Windows 10 Creators Update, coming in early 2017, lets mobile devices scan an object on all sides so it can rotate 360 degrees in a photograph. It also allows for three-dimensional graphics in Microsoft's popular PowerPoint presentation software, and a new "Paint 3D" application allows edits in 3D simulations.
Whole Foods eyes millennials with Purple Carrot meal kit test
Whole Foods Market Inc began testing sales of Purple Carrot's vegan meal kits on Wednesday, joining forces with one of many startups that threaten mainstream grocers by delivering boxed, cook-at-home meals. Purple Carrot downsized its kits for the test at Whole Foods. Ahold USA already sells its own meal kits at two of its grocery store chains in Pennsylvania and Washington, D.C.
Morgan Stanley to retain payment choice for retirement accounts
(Reuters) - Morgan Stanley said on Wednesday it would retain choices in how its wealth management clients, who receive advice from financial advisers, pay for retirement accounts covered by a new fiduciary rule.
Japan's MUFG launches aviation finance business in the Americas
The move highlights how large players in the aviation industry like MUFG remain confident that more travelers will take to the skies and that airlines will buy more aircraft, despite signs that demand for new jetliners is falling. Tokyo-based MUFG currently has aviation finance practices in Asia and Europe. "There are substantial needs in this space," said Olivier Trauchessec, managing director of the new unit, in a telephone interview Monday.
New York court orders Exxon, PwC to comply with NY AG subpoena
Chevron increases quarterly dividend by a penny
(Reuters) - Chevron Corp will increase its quarterly dividend by a penny, to $1.08, payable on Dec. 12 to shareholders of record on Nov. 18, the company said on Wednesday. Its shares rose 0.4 percent to close Wednesday trading at $101.19.
WHY IT MATTERS: Energy
WHY IT MATTERS: Taxes
WHY IT MATTERS: Social Security
Windows 10 to get 3D makeover to prepare for new $299 VR/AR headsets
Microsoft Surface Studio: An all-in-one PC aiming to steal Apple's design crown
Why tech startups are thriving outside Silicon Valley
As Silicon Valley becomes increasingly expensive and saturated, entrepreneurs are looking to settle elsewhere. Here's how a couple of Midwest startups built successful companies in an unconventional spot.
T-Mobile venderá el Alcatel Idol 4S Windows 10
El gigantesco ZTE ZMax Pro llega a T-Mobile por US$180
New data reveals early voting trends in key swing states
How to tune Apache in seconds with apache2buddy.pl
How to create interactive PDFs with LibreOffice
Stop trying to force students into STEM fields
Google Fiber pivots: What it means for the future of gigabit internet
El gigantesco ZTE ZMax Pro llega a T-Mobile por US$129
CIO Jury: 10 out of 12 tech leaders trust Samsung despite Galaxy Note7 failure
How to install Rocket.Chat with Ubuntu Snap in 5 minutes
A bumpy iPhone 7 upgrade: Lessons to learn from a longtime Apple user
Las bajas ventas del iPhone perjudican los ingresos de Apple
IBM Watson: The smart person's guide
White House urges states to ban employers from making non-compete agreements
Is the 32GB iPhone 7 really slower? Confusion abounds with the latest Apple controversy
IBM says new Watson Data Platform will 'bring machine learning to the masses'
On Tuesday, IBM unveiled a cloud-based AI engine to help businesses harness machine learning. It aims to give everyone, from CEOs to developers, a simple platform to interpret and collaborate on data.
IBM targets real-time data analytics with new database software
IBM Watson is coming to the iPhone, and that's big news for business users
How to create automated btrfs snapshots with snapper
Google Jamboard: New 55-inch digital whiteboard for conference rooms
Hackable heart implants: St. Jude comes under fire for security risks
How to be more efficient by using Action Launcher 3's Quickpage on your Android device
Here's the one thing keeping me from dumping my iPhone for Google's Pixel
Could Microsoft save the PC market by challenging Apple and creating a designer all-in-one?
Search news on another fundClick here to search for fund symbol