Latest news for BlackRock Global Allocation Inv A(MDLOX) (See analysis on MDLOX)
Aggregared News for BlackRock Global Allocation Inv A(MDLOX) from various sources3 Chicken Ways to Rebalance
[Morningstar] - While rebalancing in a pure form will do a better job of controlling risk, these strategies can help add a contrarian tilt to a portfolio.
Where Are Top Go-Anywhere Managers Going?
What Is Your Emerging-Markets Allocation?
[video] Stattman likes bullish story of Bank of Japan
[video] Pro defensive on bonds
Latest business news
Saturday March 28th 2015: Latest financial news from the worldPresident Xi says China should not focus on growth rate only
Chinese President Xi Jinping said on Saturday that the country should not focus on its economic growth rate only, reiterating China's push for a more sustainable, higher-quality expansion. Chinese leaders have announced an economic growth target of around 7 percent for this year, below the 7.5 percent goal in 2014 and the slowest rate in a quarter-century. Analysts anticipate further interest rate cuts in China this year.
Fed's Yellen sees gradual rate hikes starting this year
By Ann Saphir and Michael Flaherty SAN FRANCISCO/WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen signaled that the U.S. central bank will likely start raising borrowing costs later this year, even before inflation and wages have returned to health, but emphasized the return to normal interest rates will be gradual. A downturn in core inflation or wage growth could force the Fed to delay the first increase to borrowing costs since 2006, the central bank's chief said on Friday, but policymakers should not wait for inflation to near the Fed's 2-percent goal before tightening monetary policy. The Fed has held short-term borrowing costs near zero since December 2008. After the first rate increase, Yellen said, a further, gradual tightening in monetary policy will likely be warranted.
Intel in talks to buy Altera, shares of firms surge
(Reuters) - Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and other industrial applications, would underscore Intel Chief Executive Officer Brian Krzanich's determination to expand into new markets as the personal computer industry loses steam. Earlier this month, Intel slashed nearly $1 billion from its first-quarter revenue forecast to $12.8 billion, plus or minus $300 million, as small businesses put off upgrading their personal computers. Shares of Altera shot up about 28 percent after the talks were first reported by the Wall Street Journal, closing at $44.39 per share on the Nasdaq.
Stocks likely to drift as investors await Fed, earnings
Wall Street investors may find little reason to make big moves next week as they await monthly U.S. jobs data and any news that could change expectations for the first interest rate hike in almost a decade. The Labor Department report is due on Friday, when the stock market will be closed for Good Friday, leaving investors unable to trade on the data until the following week. In the meantime, investors will continue adjusting to lowered earnings forecasts for the first quarter and the uncertain direction of the dollar. Stocks have trended downward since rallying on the Federal Reserve's March 18 statement, in which it suggested a less-aggressive approach to raising interest rates than investors had expected.
Chevron exits Caltex Australia stake for $3.7 billion
By Morag MacKinnon PERTH (Reuters) - U.S. energy giant Chevron sold its entire stake in refiner Caltex Australia Ltd for A$4.7 billion ($3.7 billion) in Asia’s biggest block deal this year, as falling oil prices and high costs hurt margins. Offshore institutional investor demand for the 50 percent stake in Australia’s biggest refiner was strong, with bidding driving the final price to A$35 a share, a spokeswoman for Goldman Sachs, the sole underwriter for the deal, confirmed on Saturday. The $3.7 billion deal is Asia's largest block transaction this year, eclipsing the government of India’s $3.6 billion sale of its stake in Coal India Ltd in January. Australia has seen a rush of block trades in the past month as investors look to capitalise on strong valuations following a share market that is rising on hopes of more interest rate cuts.
Oil dives 5 percent as worries about Iran talks trump Yemen
Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear deal that could put more supply on the market. Oil prices still notched their second straight weekly gain, boosted by the dollar's weakness in recent sessions. On Thursday, oil jumped 5 percent on fears that the conflict in Yemen could disrupt cargoes on the neighboring Bab el-Mandeb Strait, where 3.8 million bpd of crude and oil products flow. Yemen's Houthi rebels made broad gains in the country's south and east despite a second day of Saudi-led air strikes meant to check the Iranian-backed militia's efforts to overthrow President Abd-Rabbu Mansour Hadi.
U.S. economic growth slows in fourth quarter; corporate profits fall
By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Corporate profits from outside the United States fell at an 8.8 percent rate, the steepest decline since the 2007-2009 recession. "Slower profit growth could mean slower investment in the coming months," said Thomas Costerg, an economist at Standard Chartered in New York. For all of 2014, after-tax corporate profits fell 8.3 percent, the largest annual drop since 2008.
Lender says will make 'significant' new bid for RadioShack
A lender to bankrupt RadioShack Corp told a U.S. judge on Friday it was prepared to present a new offer that was a "significant improvement" over a rival proposal that was selected as a winning bidder at an auction this week. Clark's announcement came at the end of two days of hearings to consider the sale of the company to Standard General, a hedge fund. RadioShack's advisers declared that Standard General had outbid Salus, RadioShack's largest creditor, at a four-day auction that concluded Thursday morning.
Yahoo, Microsoft extend search partnership talks for 30 days
Yahoo Inc and Microsoft Corp agreed to extend by 30 days the deadline to re-negotiate a ten year search deal, as the two Internet companies attempt to revamp a thorny partnership crafted by former chief executives. The search partnership, which took effect in 2010, allowed the companies to negotiate changes or to terminate the arrangement entirely after five years. According to a filing with the U.S. Securities and Exchange Commission on Friday, Yahoo and Microsoft mutually agreed to extend that deadline to a 60-day period following Feb. 23. "We value our partnership with Microsoft and continue discussions about plans for the future.
Brazil police arrest Grupo Galvão CEO in Petrobras probe
By Caroline Stauffer SAO PAULO (Reuters) - Brazilian police on Friday arrested the CEO of Grupo Galvão, the latest executive seized in a corruption probe focused on state-run oil firm Petroleo Brasileiro SA. Dario Galvão, chief executive of the construction group, and Guilherme Esteves, a lobbyist who is being investigated for funneling bribe money, were taken to federal police headquarters in the southern city of Curitiba, a court spokeswoman said. Trials are underway in Curitiba, in what has become Brazil's biggest-ever corruption probe known as Operation Car Wash. In December, prosecutors accused the CEO of participating in a cartel of construction executives that fixed prices on contracts at Petrobras, as the oil company is known.
Those amazing 'Furious 7' cars? This man built them
The seventh installment of the "Fast & Furious" franchise is nearly upon us. Dennis McCarthy, who has wrangled cars for the series since 2006's "Tokyo Drift," tells us how he pulled together the amazing rides for this latest film.
NASA is working with Russia on a new space station
Russia is teaming up with the USA to build ISS 2.0 once the current one's funding runs out in 2024 -- at least according to Russia Today and state news agency TASS. The country's space agency, Roscosmos ...
Laser-activated nanoparticles are coming to clear your acne
Apple's Cook, other tech VIPs push back at Indiana 'anti-gay' law
The Windows 10 preview will work on more phones soon
Juror kerfuffle leads to high drama in Ellen Pao discrimination trial
Jury decisively says Ellen Pao lost sexual discrimination case against Kleiner Perkins
After a second round of deliberations, the jury gives a decisive victory to prominent venture capital firm Kleiner Perkins, which was being sued for gender discrimination by former junior partner Ellen Pao.
Daily Roundup: The best cheap WiFi router, Tim Cook donations and more!
First 'Spectre' trailer hints at 007's deep, dark secrets
NASA video illustrates 'X-ray wind' blasting from a black hole
The 404 Show 1,607: Jill Schlesinger, a robotic future, 3D NAND, finance made easy (podcast)
Jill Schlesinger is back answering 404 listeners' financial questions and giving out great advice. Plus, we'll talk about the chances of a dystopian robotic future and new 3D NAND storage technology that might make 10TB solid state drives a reality.
See in the dark (for a little bit) with night vision eyedrops
Ellen Pao jury reaches verdict
Apparent iPhone thief reveals face to world with selfie-shooting streak
'The Legend of Zelda' Wii U version pushed out of 2015
Chrome OS beta is getting a new launcher with Google Now
Intrepid folks running Chrome OS beta will soon get to test a huge new feature that's not quite ready for stable release: Chrome Launcher 2.0. This version looks more like a new tab on the Chrome browser ...
Play 'Super Mario 64' in your browser now
Take the edge off of a full work week with a bit of Super Mario 64, available for download or playable right in your browser thanks to ingenious Unity developer Roystan Ross. He calls it Super Mario 64 ...
Half of enterprises have no budget at all for mobile security, survey finds
Ryan Reynolds shows off his Deadpool costume on Twitter
Slack beefs up security after data breach with two-step authentication
When you've got a hot new online platform, you inevitably become a target for hackers. That's the lesson Slack, a popular business collaboration tool, learned when it discovered an intrusion in its systems ...
4 Tips for Attracting Top Talent
Successful companies populate their teams with A-players. To do otherwise is a disservice to the company and its stakeholders. Unfortunately, most A-players aren't actively seeking new employment. They are probably well compensated and content in their current positions - which is why it's difficult to find them. The role of the CEO is to...
Talks of Intel buying Altera send stocks soaring
Apple is Hitler, tech CEO alludes
Pocket camera helps the visually impaired navigate the world
This might be one of the least invasive sight aids for the visually impaired that we've spotted: it's a camera that sits in the shirt pocket, Her-style, and uses auditory alerts to warn when the user approaches ...
Rate Hike May Be Warranted Later This Year: Yellen
Federal Reserve Chair Janet Yellen said Friday that a rate hike is likely at some point in 2015 but reassured investors that the trajectory of increases to follow will be “gradual.”
TheFuturein5 Episode 25: Why This Time It's Different
Recently, during the question and answer session of a keynote address I gave at the Staffing Industry Analyst's Conference on the freelancer economy, I was asked, "Why is it different this time?" The attendee clarified the question by saying change is always here -- it is the only constant. So, why should we pay more attention this time than we...
Iron Man looks even badder in sleek black 'Stealth Mode' suit
Week Ahead: March Jobs Report
The March employment report will highlight next week’s economic calendar.
Facebook wants solar drone to bring Internet far and wide
Tiny 3D-printed retro TV set plays B-movies for your Barbies
The Philco Predicta television is a 1950s design icon and one of the most easily recognizable television models in history, what with its detached picture tube and nearly flat screen. Unfortunately, finding ...
Search news on another fundClick here to search for fund symbol