funds

Bill Gates calls for last push to wipe out polio

For any developing country, there are a lot of other pressing problems than fighting a disease which affects less than thousand people worldwide. But Bill Gates realizes how close they are to their aim of eradication of polio.

The Popular Investment No One Understands

There have been a lot of financial losers in recent years -- underwater homeowners, debt-strapped municipalities, and even actively managed mutual funds. Investors who expected their managers to protect them during the financial crisis were sorely surprised, as the majority of active managers were caught flatfooted by the market decline. As equity funds dropped in value, many investors headed for the exits.

 

 

Netflix Gearing Up for International Expansion

Making the most of the truly global nature of the World Wide Web, Netflix (Nasdaq: NFLX) is gearing up for international expansion. Adweek is reporting that Netflix is in talks with advertisers and media agencies to map out overseas marketing strategies.

Julian Assange rakes in $1.3mn from autobiography

Here's a ray of hope for Julian Assange. The beleaguered WikiLeaks' founder has signed a $1.5 million book deal to fight his legal battle.

A Salesforce That Gets Corporate Social Responsibility

Corporate social responsibility doesn't have the same buzzworthiness that it did in the late '90s to early 2000s. During better economic times, companies could put more dollars into buoying the newly minted triple bottom line. A decade and a great recession later, CSR has taken a backseat to moral hazard and too big to fail, but I have always been amused by the emerging importance of companies acting responsibly and what that actually meant. A company like McDonald's (NYSE: MCD) is praised for its CSR efforts, yet it serves some of the unhealthiest food imaginable. General Electric (NYSE:GE) runs advertising campaigns promoting its clean fuel and smart grid efforts, yet it is known as one of the country's largest polluters. Most people are also familiar with BP (NYSE:BP) -- I mean Beyond Petroleum, the "clean" oil company.

The Smart Fix for Index Funds

 Millions of investors have taken advantage of index investing to produce low-cost, market-matching returns for decades. And with some new innovations in indexing, one of its major shortcomings may soon become a thing of the past.

The Smart Money Says to Buy American Eagle Outfitters

Is American Eagle Outfitters (NYSE: AEO) headed higher, or lower? That's the question we ask when we evaluate insider buying and selling. We ask because how executives spend their paychecks is often a reflection of what they think of their companies' prospects.

 

5 Stocks the Hedge Fund Greats Love

 In 1993, Money World asked Warren Buffet what advice he'd give a new investment manager. "I'd tell him to do exactly what I did 40-odd years ago," Buffett said, "which is to learn about every company in the United States that has publically traded securities."

 

Students seek dreidel record

New York -- A pair of New York college students said their upcoming "Dreidelpalooza" event is aimed at setting a Guinness World Record.

Yeshiva University juniors Jason Katz and Fiona Guedalia said they hope at least 540 people will join them Tuesday to break the world record of 541 simultaneously spinning dreidels -- four-sided tops associated with Hanukkah, the New York Daily News reported Monday.

"People are really excited. They think it's cool," Katz said. "It's something everybody who's involved can tell their kids, tell their grandkids -- I was part of a world record."

The juniors said the event will raise funds for the campus organization Students Helping Students.

Grain futures sharply lower Tuesday

Chicago -- Grain futures closed sharply lower Tuesday with heavy selling by funds and the dollar index up 0.88 percent.

Corn was off 29 to off 30, soybeans were off 66 1/4 to off 66 3/4, wheat was off 46 1/2 to off 48 1/4 and oats off 4.

Corn futures plunged on the Chicago Board of Trade, pressured by the rising dollar prompted by government debt concerns in Ireland. Moves in China to slow inflation also weighed on wheat, which dropped in early trading, December wheat closing down 46 1/2. The U.S. Department of Agriculture announced sales of 105,000 metric tons of soybeans to an unnamed buyer and 20,000 metric tons of soy oil, also to an unnamed buyer.

The prices:

Cubs seek state funds for renovations

Chicago -- Tom Ricketts, executive chairman of the Chicago Cubs, said the team is requesting a bond of up to $300 million from the state to renovate Wrigley Field.

Ricketts said the renovation plan seeks funds from the Illinois Sports Facilities Authority to be paid back over a 35-year period using amusement taxes paid by visitors to the ballpark, the Chicago Tribune reported Friday.

The team needs $250 million to $300 million and Ricketts and his family would match the state's investment in the renovations for the 94-year-old ballpark with their own funds, he said.

Ricketts said the renovations would keep the ballpark in use by the Cubs for at least another 50 years.

Some politicians have spoken in support of the plan.

Investing Options for Military Members -- Why You Can't Afford NOT to Invest

 A survey conducted by the Federal Retirement Thrift Investment Board (FRTIB), which runs the  Federal Government Thrift Savings Plan (the government's version of the 401k retirement plan), found that 23% of eligible employees believe that that they do not have enough money to contribute to their retirement plan. Only 4.3% did not contribute because the plan lacked good investment options, and 2.2% did not invest because the choices were too complex. The participation rate in the Thrift Savings Plan (TSP) is approximately 83% for civilian employees, but a dismally low level for the military where only 38% of them contribute to TSP.