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News on Yacktman Svc Fund (YACKX)

Wednesday January 28th 2015

  

Latest news for Yacktman Svc(YACKX) (See analysis on YACKX)

Aggregared News for Yacktman Svc(YACKX) from various sources

Poor performance catching up with active stock fund managers -  Yacktman Svc Fund (YACKX)Poor performance catching up with active stock fund managers

Poor performance catching up with active stock fund managers -  Yacktman Svc Fund (YACKX)Poor performance catching up with active stock fund managers

Is Your Risk Tolerance at War With Your Risk Capacity? -  Yacktman Svc Fund (YACKX)Is Your Risk Tolerance at War With Your Risk Capacity?
[Morningstar] - What the difference is--and how you can help mend fences.

NTF Platforms Can Mean Higher Costs -  Yacktman Svc Fund (YACKX)NTF Platforms Can Mean Higher Costs

Shrinking Alpha -  Yacktman Svc Fund (YACKX)Shrinking Alpha

Investing in Consistent Companies at the Right Price: A Wall Street Transcript Interview with Stephen Yacktman, Chief Investment Officer and Portfolio Manager of Yacktman Asset Management -  Yacktman Svc Fund (YACKX)Investing in Consistent Companies at the Right Price: A Wall Street Transcript Interview with Stephen Yacktman, Chief Investment Officer and Portfolio Manager of Yacktman Asset Management
[Wall Street Transcript] - 67 WALL STREET, New York - May 13, 2014 - The Wall Street Transcript has just published its Investing Strategies Report offering timely interviews with professional portfolio managers for serious investors. ...

AMG Adjusted Profit Rises 11% as Rally Boosts Assets -  Yacktman Svc Fund (YACKX)AMG Adjusted Profit Rises 11% as Rally Boosts Assets

[video] Tortoise vs. the hare investing -  Yacktman Svc Fund (YACKX)[video] Tortoise vs. the hare investing

For Best Rebalancing Results, Get Out Your Scalpel -  Yacktman Svc Fund (YACKX)For Best Rebalancing Results, Get Out Your Scalpel

Investments That Are Hard to Own but Worth It? Readers Share -  Yacktman Svc Fund (YACKX)Investments That Are Hard to Own but Worth It? Readers Share

  

  

Latest business news

Wednesday January 28th 2015: Latest financial news from the world

Apple, Boeing lift Wall Street; Fed eyed -  Yacktman Svc(YACKX) newsApple, Boeing lift Wall Street; Fed eyed

Traders work on the floor of the New York Stock ExchangeU.S. stocks rose on Wednesday, boosted by earnings including Apple and Boeing, while focus could shift later in the day to the Federal Reserve's first two-day policy meeting of the year. The Fed is expected to signal it remains on track to begin raising interest rates later this year, as it shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery. The Nasdaq Composite jumped, powered by a 7.9 percent advance in Apple shares to $117.75. Apple smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season, which helped the company post the largest quarterly profit in corporate history.



Boeing fourth-quarter profit surges; sees cash rise in 2015 -  Yacktman Svc(YACKX) newsBoeing fourth-quarter profit surges; sees cash rise in 2015

The Boeing logo is seen at their headquarters in ChicagoBoeing Co reported a 23 percent increase in core fourth-quarter profit on Wednesday, topping analysts' estimates and sending its shares up 4.3 percent. Boeing forecast a rise in cash flow to $6.2 billion in 2015, at the top end of expectations, from $4.3 billion at the end of the year. Boeing's results showed strong year-end performances across its businesses. In contrast, commercial airplane margins narrowed as Boeing delivered more 787 Dreamliners, which remain costly to produce.



Fed seen remaining patient with rate guidance amid global turmoil -  Yacktman Svc(YACKX) newsFed seen remaining patient with rate guidance amid global turmoil

The United States Federal Reserve Board building is shown in WashingtonThe Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery. The Fed's first two-day policy meeting of the year concludes on Wednesday, and policymakers will likely restate their "patient" approach to raising rates, while also voicing faith that the economy will continue improving. Fed Chair Janet Yellen faces growing skepticism that the central bank can tighten monetary policy by mid-year, with a strengthening dollar and falling oil prices adding to worries that inflation readings remain too low for the Fed to begin hiking. "The Fed will follow through and normalize rates later this year...Our thinking is June.



iPhone sales trample expectations as profit sets global record -  Yacktman Svc(YACKX) newsiPhone sales trample expectations as profit sets global record

Apple CEO Tim Cook looks at a new IMac after presentation at Apple headquarters in CupertinoApple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history. Apple's cash pile is now $178 billion, enough to buy IBM or the equivalent to $556 for every American. Apple Chief Financial Officer Luca Maestri told Reuters in an interview that the company did not sell more iPhones in China than the United States, despite some earlier predictions by research analysts. The company's success in the competitive Chinese market can be attributed to its partnership with China Mobile Ltd , the largest global mobile carrier, and the appeal of the larger screen size of the iPhone 6 and 6 Plus.



Apple seen boosting share buybacks after blockbuster results -  Yacktman Svc(YACKX) newsApple seen boosting share buybacks after blockbuster results

A woman touches an iPhone 6 Plus as it sits next to an iPhone 6 after they went on sale at the Apple store in SydneyApple Inc's blockbuster results and a ballooning cash pile may prompt the company to boost share buybacks and dividends this year, with some analysts expecting the iPhone maker to return more than $200 billion to investors. Apple's shares rose as much as 8 percent to $118 in early trading on Wednesday, after the company posted the biggest-ever quarterly profit by a public corporation. Apple sold a record 74.5 million iPhones in the quarter and reported a 70 percent surge in China sales. "We had to increase our cell widths and chart heights after Apple's blow-out December-quarter print," RBC Capital Markets analysts wrote, raising their price target to $130 from $123.



Fiat Chrysler meets full year profit guidance -  Yacktman Svc(YACKX) newsFiat Chrysler meets full year profit guidance

A woman walks past a logo of Fiat Chrysler Automobiles (FCA) in TurinFiat Chrysler Automobiles reported full-year operating profit in line with its guidance on Wednesday as strong results from North America and improving operations in Europe and Asia managed to offset weakness in Latin America. The world's seventh-largest carmaker, which moved its primary listing to New York in October and is due to spin off luxury unit Ferrari later this year, reported core 2014 operating profit of 3.65 billion euros ($4.14 billion). This falls within a guidance range of between 3.6-4.0 billion euros and is above an analyst forecast of 3.4 billion euros, according to Thomson Reuters SmartEstimate. In 2015, FCA forecast core operating profit of between 4.1-4.5 billion euros, while revenues are seen rising to around 108 billion euros.



Cost-cutting VW bets big to revamp loss-making luxury Phaeton -  Yacktman Svc(YACKX) newsCost-cutting VW bets big to revamp loss-making luxury Phaeton

Volkswagen Phaeton Exclusive is pictured during a media preview day at the Frankfurt Motor ShowBy Andreas Cremer BERLIN (Reuters) - With Volkswagen having embarked on a big cost-cutting drive, industry experts are baffled why the "people's car" maker plans to spend millions of euros upgrading a loss-making luxury saloon. The 76,000-euro (56,688 pounds) Phaeton, a pet project of Chairman Ferdinand Piech, has never met VW's original sales target of 20,000 cars annually. The plans appear all the more perplexing to analysts as VW has pledged to make annual cost savings of 5 billion euros at its passenger-car brand by 2017, as the world's second-biggest carmaker by sales seeks to narrow the gap with global leader Toyota . "Now it's about being leaner, faster, more efficient." His comments echoed VW's plans to reduce the number of costly parts and drop some non-profitable variants from the German group's 310-model line-up as Europe's largest automaker shoulders costs of future growth and investments in lower-emissions technology.



Nissan recalls 768,000 crossovers and SUVs for separate problems -  Yacktman Svc(YACKX) newsNissan recalls 768,000 crossovers and SUVs for separate problems

A Nissan logo is seen on media day at the Paris Mondial de l'AutomobileNissan Motor Co is recalling about 768,000 vehicles, including its popular Rogue crossover and Pathfinder SUV, for separate problems, the company and U.S. regulators said on Wednesday. Some 552,135 Rogues from model years 2008 and 2013 will be recalled because moisture could seep through the driver side floor and cause an electrical short to wiring that could lead to a fire, Nissan and the National Highway Traffic Safety Administration (NHTSA) said. No crashes or injuries have been reported due to the wiring issue, a Nissan spokesman said on Wednesday morning. Also, 215,789 Pathfinder SUVs from the 2013 and 2014 model years and 2013 Infiniti JX35 vehicles will be recalled for problems related to a secondary hood latch, Nissan and NHTSA said.



Chevron to partner BP, Conoco for Gulf of Mexico leases -  Yacktman Svc(YACKX) newsChevron to partner BP, Conoco for Gulf of Mexico leases

Current gas prices are shown at a Chevron gas station in Encinitas, California(Reuters) - Oil producer Chevron Corp said it would work with peers BP Plc and ConocoPhillips to explore and appraise 24 jointly held offshore leases in deepwater Gulf of Mexico. Chevron said on Wednesday it would operate the leases, for the Gila and Tiber fields and the Gibson exploration blocks east of Gila, in the northwest part of Keathley Canyon.



Shake Shack now expects IPO to be priced higher at $17-$19 a share -  Yacktman Svc(YACKX) newsShake Shack now expects IPO to be priced higher at $17-$19 a share

Passersby walk in front of the Shake Shack restaurant in the Manhattan borough of New York(Reuters) - Burger chain Shake Shack Inc now expects its initial public offering to be priced at $17-$19 per share, up from $14-$16 expected earlier, valuing the company at up to $674.5 million.



US stock market wavers in early trading -  Yacktman Svc(YACKX) newsUS stock market wavers in early trading

In this Monday, June 10, 2013 photo, traders Joel Lucchese, left, and Brandon Barb confer on the floor of the New York Stock Exchange. Global stock markets endured sharp losses Thursday June 13, 2013 as gyrations on the Tokyo market, the Asian region's biggest, continued _ fueled by worries about a surging yen and monetary policies in the U.S. (AP Photo/Richard Drew)NEW YORK (AP) — A pair of better economic reports helped nudge the U.S. stock market up in early trading Thursday, even as global markets headed lower.



General strike shuts down services across Greece -  Yacktman Svc(YACKX) newsGeneral strike shuts down services across Greece

Members of pro-communist union PAME take part in an protest during a general strike in Athens, on Wednesday, Nov. 6, 2013. Services across Greece shut down Wednesday as unions held a 24-hour general strike to protest further austerity cuts in the cash-strapped country. (AP Photo/Petros Giannakouris)ATHENS, Greece (AP) — Services across Greece shut down Wednesday as unions staged a 24-hour general strike and held peaceful demonstrations to protest further austerity cuts in the cash-strapped country.



Unemployment rates fall in two-thirds of US states -  Yacktman Svc(YACKX) newsUnemployment rates fall in two-thirds of US states
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
US stocks edge higher in afternoon trading -  Yacktman Svc(YACKX) newsUS stocks edge higher in afternoon trading

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.



US stocks edge higher in midday trading -  Yacktman Svc(YACKX) newsUS stocks edge higher in midday trading

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Major stock indexes shifted higher in midday trading Thursday, getting a lift from an encouraging report on Chinese manufacturing and some positive earnings from Best Buy, Dollar Tree and other retailers. The market also got a boost from data showing modest improvement in sales of previously occupied homes.



US stocks are mixed in early trading -  Yacktman Svc(YACKX) newsUS stocks are mixed in early trading

FILE - This Aug. 9, 2011 photo shows a Wall Street street sign near the New York Stock Exchange, in New York. U.S. stocks are opening slightly higher Friday, Aug. 8, 2014 as investors weigh gains in productivity against worsening geopolitical concerns. (AP Photo/Mark Lennihan, File)NEW YORK (AP) — U.S. stocks are opening mixed as investors look over more earnings reports from big companies.



Once-tiny Microsoft has overtaken the mighty IBM -  Yacktman Svc(YACKX) newsOnce-tiny Microsoft has overtaken the mighty IBM

Once-tiny Microsoft has overtaken the mighty IBMWhen IBM signed up for Basic and DOS in 1980, Microsoft was tiny (40 staff) compared to Big Blue (341,279). But in the latest round of quarterly results, Microsoft unveiled bigger revenues, and it has 10x more cash in the bank.



Pro tip: Evernote keeps a complete history of all your changes -  Yacktman Svc(YACKX) newsPro tip: Evernote keeps a complete history of all your changes

Pro tip: Evernote keeps a complete history of all your changesAs it turns out, Evernote has a full version management system built into its software. If you want to recover older versions of a note, we'll show you how.



Apple launches bug-fixing iOS 8.1.3 -  Yacktman Svc(YACKX) newsApple launches bug-fixing iOS 8.1.3

Apple launches bug-fixing iOS 8.1.3The latest update to iOS 8 reduces the amount of space needed to install an update and squashes a number of bugs.>



Dell aims upgraded laptop at Mac-using creative pros -  Yacktman Svc(YACKX) newsDell aims upgraded laptop at Mac-using creative pros

Dell aims upgraded laptop at Mac-using creative prosLooking for a profitable niche, the PC maker gives its 15-inch M3800 workstation a 4K display, Thunderbolt 2 and new storage options to coax video editors and others who use Apple laptops.>



Get a Monster PowerCard mobile charger for $15 -  Yacktman Svc(YACKX) newsGet a Monster PowerCard mobile charger for $15

Get a Monster PowerCard mobile charger for $15At $50 list, this wallet-size power supply is woefully overpriced. But at $15? Now we're talking.>



'Mad Max' on a BMX: 'Turbo Kid' is an '80s adventure with added gore, and it looks nuts -  Yacktman Svc(YACKX) news'Mad Max' on a BMX: 'Turbo Kid' is an '80s adventure with added gore, and it looks nuts

'Mad Max' on a BMX: 'Turbo Kid' is an '80s adventure with added gore, and it looks nutsImagine a blood-spattered post-apocalyptic Saturday morning cartoon with "Total Recall" baddie Michael Ironside in it. Yeah.>



Disabled wiener dog gets a 3D printed wheelchair -  Yacktman Svc(YACKX) newsDisabled wiener dog gets a 3D printed wheelchair

Disabled wiener dog gets a 3D printed wheelchairDownload specs for a 3D-printed tiny wheelchair thanks to Bubbles, the two-legged dachshund and her crafty owners.>



Apple beats world record in quarterly profits -  Yacktman Svc(YACKX) newsApple beats world record in quarterly profits

Apple beats world record in quarterly profitsBoosted by hot iPhone sales, the company topped the $15.9 billion earned by ExxonMobil in the second quarter of 2012, says Standard & Poor's.>



Twitter adds group private messaging and native video to its platform -  Yacktman Svc(YACKX) newsTwitter adds group private messaging and native video to its platform

Twitter adds group private messaging and native video to its platformTwitter has responded to users' requests and is bringing private group messaging and "mobile video camera" to its platform.



Look like Hoth stuff in this 'Star Wars' AT-AT driver costume -  Yacktman Svc(YACKX) newsLook like Hoth stuff in this 'Star Wars' AT-AT driver costume

Look like Hoth stuff in this 'Star Wars' AT-AT driver costumeIn an Empire state of mind? Wear this highly detailed Anovos "Star Wars" costume to relive all your favorite Battle of Hoth moments from "The Empire Strikes Back." No AT-AT required.>



Nintendo revenue tumbles, but profit remains -  Yacktman Svc(YACKX) newsNintendo revenue tumbles, but profit remains

Nintendo revenue tumbles, but profit remainsCost-control practices enable Nintendo to turn a profit, despite revenue sliding 11.3 percent during last 9 months of 2014.>



The Multimodal CIO for the Digital Business Era -  Yacktman Svc(YACKX) newsThe Multimodal CIO for the Digital Business Era

The Multimodal CIO for the Digital Business Era- Stephen HawkingAccording to the 2015 State of the CIO report, there is a significant perception gap between business leaders and IT executives. Only 13% of business leaders perceive the CIO as a business partner.



Internet of Things: Governments start to take a closer look -  Yacktman Svc(YACKX) newsInternet of Things: Governments start to take a closer look

Internet of Things: Governments start to take a closer lookOfcom and the FTC are the latest government agencies to start work on their strategies for, and responses to, the IoT.



Search Google without being tracked: Abine adds Private Search to Blur -  Yacktman Svc(YACKX) newsSearch Google without being tracked: Abine adds Private Search to Blur

Search Google without being tracked: Abine adds Private Search to BlurOnline privacy company Abine today announced its new Private Search anti-tracking tool for those who want to use Google Search in Firefox without being tracked by Google.



Good Technology intros a mobility suite for newcomers -  Yacktman Svc(YACKX) newsGood Technology intros a mobility suite for newcomers

Good Technology intros a mobility suite for newcomersThe Good Management Suite targets organizations new to the practice of mobility in the workplace.



Chris Pratt to be the next Indiana Jones in Disney reboot? -  Yacktman Svc(YACKX) newsChris Pratt to be the next Indiana Jones in Disney reboot?

Chris Pratt to be the next Indiana Jones in Disney reboot?Could Star-Lord be Indy? Disney is rumored to be reviving the adventures of everyone's favorite whip-cracking archaeologist. But will Chris Pratt play the lead?>



​Verizon launches security certificate service for IoT -  Yacktman Svc(YACKX) news​Verizon launches security certificate service for IoT

​Verizon launches security certificate service for IoTVerizon's managed certificate service aims to secure Internet of things endpoints for enterprises with large deployments underway.



​Docker chief operator: Why the open source container project is taking a new shape -  Yacktman Svc(YACKX) news​Docker chief operator: Why the open source container project is taking a new shape

​Docker chief operator: Why the open source container project is taking a new shapeThe meteoric rise of Docker's container technology over the past year risked putting the project under strains that its new structure will address, says recently-appointed chief operator Steve Francia.



Microsoft Surface hits $1bn revenue: Mission accomplished? -  Yacktman Svc(YACKX) newsMicrosoft Surface hits $1bn revenue: Mission accomplished?

Microsoft Surface hits $1bn revenue: Mission accomplished?Microsoft's Surface hybrid has broken though the $1bn revenue mark. Does this mean it can now be described as a success?



Top Windows and top Android tablet for under $100 -  Yacktman Svc(YACKX) newsTop Windows and top Android tablet for under $100

Top Windows and top Android tablet for under $100A search for a good $100 tablet turned up not one but two from a major brand. One runs Windows 8.1 and the other Android.



Uber's legal struggles hamstring expansion in Asia -  Yacktman Svc(YACKX) newsUber's legal struggles hamstring expansion in Asia

Uber's legal struggles hamstring expansion in AsiaAs the US company aims to disrupt taxi markets across the globe, regulators in several countries in Asia are making it difficult for it to gain a foothold.>



Infamous Regin malware linked to spy tools used by NSA, Five Eyes intelligence -  Yacktman Svc(YACKX) newsInfamous Regin malware linked to spy tools used by NSA, Five Eyes intelligence

Infamous Regin malware linked to spy tools used by NSA, Five Eyes intelligenceSecurity firm Kaspersky claims Regin is strikingly similar to QWERTY malware documented in Snowden files.



LibreOffice for Android coming soon -  Yacktman Svc(YACKX) newsLibreOffice for Android coming soon

LibreOffice for Android coming soonLibreOffice is still chained to the desktop but it's looking towards cloud and mobile, with an Android version under development.



Dell sharpens Precision M3800 workstation laptop with 4K display -  Yacktman Svc(YACKX) newsDell sharpens Precision M3800 workstation laptop with 4K display

Dell sharpens Precision M3800 workstation laptop with 4K displayThe notebook also gets a Thunderbolt 2 port, boosts maximum storage to 2TB, and offers an Ubuntu option.



  

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