News on Yacktman Svc Fund (YACKX)Friday December 19th 2014
Latest news for Yacktman Svc(YACKX) (See analysis on YACKX)
Aggregared News for Yacktman Svc(YACKX) from various sourcesPoor performance catching up with active stock fund managers
Poor performance catching up with active stock fund managers
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
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
[video] Tortoise vs. the hare investing
For Best Rebalancing Results, Get Out Your Scalpel
Investments That Are Hard to Own but Worth It? Readers Share
Is Your Risk Tolerance at War With Your Risk Capacity?
Don't Let a Subpar 2013 Sour You on These Superior Funds
[Morningstar] - Even Gold- and Silver-rated funds can have an off year.
As Markets Rise, Cautious Mutual Funds Sell Stocks
A Checklist for Fund Investors
Latest business news
Friday December 19th 2014: Latest financial news from the worldAsia stocks boast biggest rise in 15 months, BOJ brightens
By Wayne Cole SYDNEY (Reuters) - Asian shares enjoyed their best day in 15 months on Friday, after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to withdraw stimulus from the U.S. economy. The gains came even as oil stayed under pressure, suggesting equity investors were beginning to see the positives in lower fuel costs and increased consumer spending power. Japan's Nikkei climbed 2.0 percent to erase most of it's recent losses, while Australia's main index romped ahead by 2.1 percent . ...
Brent steady below $60, heads for 4th weekly decline as glut persists
By Jacob Gronholt-Pedersen SINGAPORE (Reuters) - Brent crude held below $60 a barrel, near a 5-1/2-year low, on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were on track for a fourth straight week of declines after OPEC members last month decided against cutting production in response to a drop of nearly 50 percent in prices since late June. Brent crude for February delivery was down 3 cents at $59.24 a barrel by 0833 GMT (03:33 a.m. EST). The contract had settled down $1. ...
Ruble firms as government steps up verbal support
MOSCOW (Reuters) - Russia's ruble strengthened on Friday after Finance Minister Anton Siluanov confirmed his ministry had sold foreign currency and on expectations that exporters will step up dollar sales.
Amazon's cloud business a harder sell in post-Snowden era
SAN FRANCISCO/SEATTLE (Reuters) - This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.
JPMorgan report to outline improved controls: activist
By Ross Kerber BOSTON (Reuters) - JPMorgan Chase & Co will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft. The report could add pressure on other banks to show tangible changes to policies after a slew of scandals tainted the industry, according to the activist, Seamus Finn, chair of the board of the Interfaith Center on Corporate Responsibility. ...
U.S. to sell final $1.25 billion shares of Ally Financial from bailout
(Reuters) - The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government's bailout of the auto lender, Ally said on Thursday. The stake is worth about $1.25 billion, based on Ally's Thursday closing price of $22.75 on the New York Stock Exchange. Separately, Ally said in a regulatory filing that it had received a subpoena from the Department of Justice for information related to its subprime automotive finance lending practices. ...
Hong Kong's former top civil servant found guilty in graft trial
By Yimou Lee and Lizzie Ko HONG KONG (Reuters) - A former top Hong Kong civil servant was found guilty on Friday of accepting HK$8.5 million ($1.1 million) in bribes from executives of property developer Sun Hung Kai Properties Ltd , in the city's most high-profile corruption case. Rafael Hui, 66, who headed Hong Kong's civil service from 2005 to 2007, was found guilty of three counts of misconduct in public office and two counts of conspiracy to commit misconduct. He had faced eight charges related to bribery and misconduct in public office, all of which he denied. ...
China revises up size of 2013 economy, sees no effect on 2014 growth
By Kevin Yao BEIJING (Reuters) - China revised up the size of its economy in 2013 but sees that having little effect on economic growth this year, amid expectations that Beijing may roll out more stimulus to support the slowing economy. Gross domestic product was up 3.4 percent to an estimated 58.8 trillion yuan ($9.5 trillion) in 2013, the National Bureau of Statistics said on Friday, following a new economic census. That marks a rise of 1. ...
Unilever drops mayonnaise suit against Just Mayo maker
By Kanika Sikka (Reuters) - Unilever Plc's U.S. division said it has withdrawn its lawsuit against food startup Hampton Creek over false advertising and unfair competition related to its Just Mayo product. Unilever, famous for its mayonnaise brand Hellmann's, had filed a suit against Hampton Creek earlier this year accusing the company of advertising Just Mayo, an eggless spread, as mayonnaise. Unilever alleged that the spread could not be defined as mayonnaise under the U.S. Food and Drug Administration's definition as it did not contain eggs. ...
American Apparel approached for possible buyout: WSJ
(Reuters) - Clothing manufacturer American Apparel Inc has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources. The Los Angeles-based retailer received an expression of interest from Irving Place in the last couple of weeks, people familiar with the matter told the Journal, adding that the approach was initially rebuffed because of the low price. Irving Place then raised its price range to $1.30 to $1.40 per share. The board has yet to respond, the sources told the Journal. ...
General strike shuts down services across Greece
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
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
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
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
Crave giveaway: 12 Cree LED light bulbs with incandescent style
Google accuses Hollywood of 'trying to censor the Internet'
Using information from alleged documents leaked by the Sony hackers, Google said the Motion Picture Association of America and Mississippi's attorney general conspired to limit free speech on the Internet.>
Tomorrow Daily 103: Man's bionic arms make history, NASA proposes cloud cities on Venus and more
On today's show, we tell you how one man is making history with dual bionic arms, why a team at NASA thinks we should look into sending astronauts to Venus instead of Mars, and when you might be able to purchase animated statues of your favorite characters.>
Flickr ends sale of prints uploaded under Creative Commons
Judge May Toss 4 Guilty Pleas In Insider-Trade Case
NEW YORK (AP) — A judge said Thursday he's leaning toward tossing out four guilty pleas in an insider-trading case, the latest fallout from a recent appeals court ruling criticizing prosecutors' tactics.U.S. District Judge Andrew L. Carter Jr. notified attorneys of his plans in separate proceedings for five defendants. He said he believes...
You're asking the wrong questions about Serial
Uber agrees to suspend service in Portland after lawsuit
Man fined for crashing drone over police operation in Melbourne
Best Life/Career Advice: Relationships Trump Jobs!
My name is Mark Wayman and for the last ten years I have owned an Executive Recruiting company focused on gaming and high tech. Over 600 successful placements, salary range of $100,000 to $2,000,000, with an average compensation package of $200,000+. That includes seven executives north of a million dollars in 2014. Work exclusively by...
Why the BlackBerry Classic is critical to the new BlackBerry
Diagnose your kid's ear infection with your iPhone
Claman on Call: A (Dow) Rally to Remember
Welcome to Claman on Call. The markets might be closed but FOX Business is always on call.
2014: The Year of the Hack
Should the Fed Be Worried About Deflation?
The Labor Department reported Consumer Price Index (CPI) figures for November this morning. The sequential headline drop of 0.3% compared to October was the biggest decline since the 0.8% decline reported for December, 2008. As the table below shows, the MoM drop was largely due to a 3.8% decrease in energy prices during the month. Prices...
Connecticut communities join together for gigabit broadband
Icahn Offers $20M to Keep A.C. Trump Casino Open
Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.
Beyond the Sony hack: How companies can clamp down on cyberattacks
Two Responsibilities a CEO Should Not Delegate
The only way to ensure your company thrives and that you remain sane, is to delegate responsibilities and authorities. If you take on the entire to-do list, you end up doing everything but your job. You agonize over how to get the myriad tasks and projects done. By delegating, you decide who will get them done, and let them go. Just don't let...
Cadillac virtual mirror improves vision
FBN to Debut 'Strange Inheritance' in January
FOX Business Network announced Thursday it will debut 'Strange Inheritance,' a new primetime story-driven reality series hosted by Jamie Colby, on Monday, Jan. 26, 2015, at 9 p.m. ET.
Dovish Fed Continues to Fuel Street Rally
After a Fed-fueled rally from a dovish FOMC statement Wednesday, Wall Street continued its run higher Thursday, with the Dow gaining more than 400 points and all ten S&P sectors in the green.
What VR needs next
Cop allegedly objects to proof of insurance on phone, gets law wrong
In more than half the states, drivers are allowed to show proof of car insurance electronically. One driver, allegedly pulled over for playing "F--- Tha Police," says the cop who stopped him didn't know the law.>
We Need You to Step Into Your Spotlight (Here's Why)
Image credit: Chris SardegnaGuess what? When you don't play full out in your business, it isn't just limiting your bottom line. You're also missing an opportunity to inspire others to make their own business goals go from doubtful to inevitable. And that can have incredible power. I saw the magnitude of this kind of impact during an...
Why You Are Wasting Your Time on Social Media (and How to Fix It!)
Does this sound like your schedule? Do you spend your days floundering around the various social networks posting, commenting, sharing, and liking? How are entrepreneurs supposed to get any actual work done if they are spending every waking moment on social media?We can't.Just like with traditional advertising, you get better results when you...
Search news on another fundClick here to search for fund symbol