Matt Donnelly, provided by Published 9:00 am CDT, Tuesday, March 12, 2019 Photo: Ryan Inzana For Variety Photo: Ryan Inzana For Variety Image 1 of / 1 Caption Close Image 1 of 1 Photo: Ryan Inzana For Variety Can Megan Ellison Reverse Course on Annapurna’s Financial Troubles? 1 / 1 Back to Gallery A throng of Hollywood elite in a tent on the freezing beach gave a standing ovation when “If Beale Street Could Talk” won the best feature prize at the Independent Spirit Awards in February. Barry Jenkins also took directing honors for the film, an adaptation of James Baldwin’s classic novel that was produced by Annapurna and Plan B. Related stories … [Read more...] about Can Megan Ellison Reverse Course on Annapurna’s Financial Troubles?
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provided by Published 8:00 am CST, Tuesday, January 15, 2019 Photo: Bill Bragg For Variety Photo: Bill Bragg For Variety Image 1 of / 1 Caption Close Image 1 of 1 Photo: Bill Bragg For Variety Can Hollywood’s Biggest Media Companies Avoid Getting Crushed by Debt? 1 / 1 Back to Gallery Randall Stephenson, AT&T’s chairman-CEO, summoned all of his folksy Oklahoma earnestness as he made an enthusiastic pitch to Wall Street analysts about the telephone company’s bold efforts to transform itself into a multimedia powerhouse. It was late November, less than six months after AT&T had wrapped up its $85 billion acquisition of Time Warner. But before Stephenson … [Read more...] about Can Hollywood’s Biggest Media Companies Avoid Getting Crushed by Debt?
Wall Street notched its best day in 10 years as stocks rallied back Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December.The Dow Jones Industrial Average jumped more than 1,000 points — its biggest point-gain ever — rising nearly 5 percent as investors returned from a holiday break. The benchmark S&P 500 index also gained 5 percent and the technology heavy Nasdaq rose 5.8 percent.But even with the rally, the market remains on track for its worst December since 1931, during the depths of the Great Depression, and to finish 2018 with its steepest losses in a decade.Technology companies, health care stocks, banks drove much of the broad rally. Retailers also were big gainers, as traders cheered a healthy holiday shopping season marked by robust consumer spending. Amazon had its biggest gain in more than a year.But what really might have pushed stocks over the top was a signal from Washington D.C. that President Donald Trump … [Read more...] about Wall Street notches best day in 10 years in holiday rebound
The Dow Jones Industrial Average closed up over 1,000 points in the best day for Wall Street in 10 years.U.S. stocks surged Wednesday, recovering all their losses from a Christmas Eve plunge.Gains in technology companies, retailers, health care and internet stocks drove the broad rally, which gave the benchmark S&P 500 index some breathing room after it slid Monday to just shy of what Wall Street calls a bear market — a 20 percent fall from an index's peak.Energy stocks also rebounded as the price of U.S. crude oil notched its biggest one-day gain in more than two years. Business Holiday sales strongest in years for U.S. retailers Sarah Nassauer The Wall Street Journal Trading volume was lighter than usual following the Christmas holiday. Markets in Europe, Hong Kong and Australia were closed."Today simply can only be really chalked up to a reflex rally after having been oversold," said Sam Stovall, chief investment strategist for CFRA. "The real question is do we … [Read more...] about Dow closes up more than 1,000 points in best day for Wall Street in 10 years
Anna-Louise Jackson Nerdwallet Published 12:04 AM EST Nov 12, 2018 In one particular chicken-and-egg debate, what comes first is clear: It makes sense to hire a financial adviser only after you can afford one — not in the hopes of building wealth someday. Financial advisers often require a minimum amount of investable assets (for many advisers that amount is at least $250,000), and their fees can place financial planning out of reach for many. Fortunately, there are less expensive — even free — resources that make financial planning accessible to most people. Because time is a powerful ally when it comes to building your money, it’s important to get started as soon as possible. Here’s how to begin. Find quality free advice A good financial adviser asks questions to understand a client’s finances and goals; do-it-yourselfers can find tools to replicate those steps. The internet is awash with information, including tools for creating (and … [Read more...] about DIY financial planning