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Preview: Yahoo! Finance: Foreign Regional Banks Industry News

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At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Published: Thu, 18 Jan 2018 01:21:33 -0500

Copyright: Copyright (c) 2018 Yahoo! Inc. All rights reserved

A person who bought a house from the parents accused of imprisoning their 13 children has revealed chilling details about how they lived

Wed, 17 Jan 2018 16:21:43 -0500

(image) • Perris, California couple David and Louise Turpin were charged with torture and child endangerment after it was revealed they were holding their 13 children captive. David and Louise Turpin left behind filthy carpets, smashed windows, scratched-up doors, and mysterious boarded-up vents when they left their Fort Worth, Texas home due to foreclosure in 1999. Now, The New York Post reported the couple is being held on a $9 million bond, after their 17-year-old daughter escaped their Perris, California home and called 911 to report that her 12 siblings were being held against their will.

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A 21-year-old Canadian woman was found guilty of killing her best friend after a Facebook photo showed the weapon in plain sight

Wed, 17 Jan 2018 13:42:00 -0500

(image) A Canadian woman pleaded guilty to manslaughter this week after killing her best friend in 2015. The police uncovered a Facebook photo in which she was wearing a black belt — the same kind that was found next to the victim's body. A 21-year-old Canadian woman pleaded guilty to manslaughter and was sentenced to seven years in prison on Monday, three years after she posted a Facebook photo that helped the police crack the case.

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Nintendo just unveiled Labo, a $69 cardboard controller for the Switch you have to build yourself

Wed, 17 Jan 2018 17:32:00 -0500

(image) Nintendo announced "Labo" on Wednesday evening with a video. The product is an addition to the Nintendo Switch, the popular game console from Nintendo. Using cardboard constructions, Switch owners will create new ways of controlling their console.

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AP FACT CHECK: Trump presidency creates an alternate reality

Wed, 17 Jan 2018 19:33:22 -0500

(image) For all his errant swings at the facts, President Donald Trump sometimes gets it just right. "There's been no first year like this," he told a Florida rally last month. Were truer words ever ...

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Did Sen. Booker go too far in grilling the Homeland Security secretary?

Wed, 17 Jan 2018 08:36:37 -0500

(image) Judge Andrew Napolitano on the legal battle over DACA and Sen. Cory Booker's comments to Homeland Security Secretary Kirstjen Nielsen.

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Buses for Apple employees attacked with pellet guns, company suspects

Wed, 17 Jan 2018 15:11:49 -0500

(image) Multiple incidents have been reported since 12 January, but no one appears to have been injured, Apple says. At least five buses used to transport Apple employees to the company’s headquarters have had their windows smashed by what is suspected to be pellet guns during the last week. The first window was shattered on the evening of Friday 12 January, as the shuttle bus travelled from the company campus back into San Francisco.

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Lindsey Graham Sends Trump a Message: We Need ‘a Reliable Partner in the White House’

Tue, 16 Jan 2018 17:17:39 -0500

(image) Sen. Lindsey Graham (R-SC), one of the senators behind the bipartisan immigration deal that the president rejected last week, said Tuesday that someone on the White House staff “gave him really bad advice” ahead of that heated meeting on Thursday. White House Chief of Staff John Kelly and senior adviser Stephen Miller reportedly brought in other members of Congress to push back against the proposed deal. “I don’t think the president was well-served by his staff,” Graham told reporters Tuesday.

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People in California are calling for the rural counties to declare independence from the rest of the state

Wed, 17 Jan 2018 14:38:00 -0500

(image) The aspiring 51st state would incorporate the central, mostly rural counties and contain roughly 15 million people, according to the group's organizers. A split between California and New California is highly unlikely. "New California" is swiftly taking over social media.

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A password for the Hawaii emergency agency was hiding in a public photo, written on a Post-it note

Tue, 16 Jan 2018 15:07:46 -0500

(image) A false alert warning of an inbound missile was broadcast in Hawaii on Saturday. Since then, people have discovered that a photo taken in Hawaii's Emergency Management Agency for a news article in July includes a sticky note with a password. Hawaii says the alert was sent was because "an employee pushed the wrong button," not because of a hack, but the photo has sparked criticism about the agency's level of security.

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Paul Ryan: We won’t bring a DACA bill that the president ...

Wed, 17 Jan 2018 10:26:00 -0500

(image) House Speaker Paul Ryan (R-Wis.) takes questions during a news conference on Wednesday about the looming government shutdown.

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Apple is taking a page out of Amazon's playbook by teasing its new campus (AAPL)

Wed, 17 Jan 2018 19:04:11 -0500

(image) Apple announced plans for a new US campus, but notably did not say where it would be located. Apple's announcement comes a few months after Amazon invited cities to submit bids and compete for the privilege of hosting the company's second headquarters. Apple has not openly solicited bids or tax breaks, but history suggests it will reap many such financial perks.

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Advanced Micro Devices, Inc. Stock Is Not Safe After All

Wed, 17 Jan 2018 08:57:54 -0500

(image) Chip-maker Advanced Micro Devices, Inc. (NASDAQ:AMD), who has had a red-hot start to 2018, didn’t have a great close at the end of last week. Just a few days before, AMD stock was bouncing on news that chips from competitor Intel Corporation (NASDAQ:INTC) were susceptible to a security flaw called Spectre. AMD said the exploit poised a “near-zero” risk to its chips, so AMD stock popped on the thought that customers would migrate from Intel to AMD for security purposes.

This High-Yield Stock Was Just Too Cheap Not to Buy

Wed, 17 Jan 2018 13:19:00 -0500

(image) After shoring up its financial situation last year, this pipeline company should supply investors with a generous income stream for years to come.

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Tillerson warns of military action against North Korea

Wed, 17 Jan 2018 21:04:14 -0500

(image) KFI radio host Bryan Suits on Secretary of State Rex Tillerson’s warning that the North Korean crisis could reach a “tenuous stage.”

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Realty Income (O) Announces Hike in Monthly Dividend Payment

Wed, 17 Jan 2018 08:51:01 -0500

(image) Realty Income (O) enjoys trademark on the phrase "The Monthly Dividend Company" and the February 2018 dividend payment marks the company's 95th dividend increase since its NYSE listing in 1994.

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1 Dividend Stock to Buy and Hold for Life

Tue, 16 Jan 2018 21:06:00 -0500

(image) Starbucks may no longer be the growth engine it once was, but it’s still a solid choice for investors in search of a stable business with attractive dividend prospects.

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Jay Leno takes a closer look at Arnold Schwarzenegger's c...

Tue, 16 Jan 2018 10:37:00 -0500

(image) When Arnold Schwarzenegger visits Jay Leno’s Garage, Leno takes a closer look at his longtime-friend’s Mercedes G-Wagen to see how the environmental enthusiast made it more Earth-friendly.

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Trump ends 1st year with lowest average approval rating

Tue, 16 Jan 2018 12:55:04 -0500

(image) This is a record not to be coveted: Donald Trump is wrapping up a year in office with the lowest average approval rating of any elected president in his first term. That's according to polling by Gallup, ...

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Behind the Rising Costs of Long-Term-Care Insurance

Wed, 17 Jan 2018 10:03:55 -0500

(image) Long-term-care ​insurance was supposed to help seniors pay for costly nursing homes and personal aides. Now the industry is imploding. What’s ​at stake for ​more than 7 million Americans who own ​the policies? Illustration: Laura Kammermann/The Wall Street Journal

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General Electric Company Stock Is a Screaming Good Bargain

Tue, 16 Jan 2018 11:14:52 -0500

(image) General Electric Company (NYSE:GE) has had its fair share of bad headlines in 2017 and it seems that the trend is continuing in 2018. This morning we’re seeing selling pressure on the headline that the dividend that it receives from GE Capital will be cut. The fact that GE stock endured a slew of negative headlines in 2017 actually serves as a benefit now.

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Kinder Morgan, Inc. Could Be Primed for Gushing Growth

Wed, 17 Jan 2018 10:56:01 -0500

(image) Pipeline specialist Kinder Morgan, Inc. (NYSE:KMI) will step up to release its fourth-quarter earnings report after the close tonight. First, Kinder Morgan spent 2017 paying down debt and restructuring. The driving force behind this move was to secure financing for the critical, and ambitious, expansion of the Trans Mountain Pipeline (TMPL).

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As Bitcoin Plummets, Here Are 3 Cryptos Gaining Today

Tue, 16 Jan 2018 12:11:05 -0500

(image) Nearly every major cryptocurrency--including bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash--has experienced substantial losses on Tuesday. Here are three cryptocurrencies that are actually gaining.

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Watch out for a Nasty Market Pullback

Wed, 17 Jan 2018 07:50:14 -0500

(image) Stocks suffered their worst one-day reversal since June 2016 on a points basis after the Dow Jones Industrial Average zoomed past the 26,000 threshold, bagging the quickest-ever 1,000 point gain from its last round number (hit just seven days ago). The gain was triple the pace seen from 24,000 to 25,000 as the post-tax cut rally hit peak euphoria.

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Is Celgene (CELG) Looking to Take Over Juno Therapeutics?

Wed, 17 Jan 2018 09:00:02 -0500

(image) There are reports that Celgene (CELG) is in talks to acquire Juno Therapeutics to strengthen its portfolio given the recent series of setbacks.

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Litecoin has lost over half its value since the creator sold all of his stake

Wed, 17 Jan 2018 09:41:00 -0500

(image) Litecoin has plunged to the sixth-largest cryptocurrency by market cap after losing half of its market value in less than a month. The cryptocurrency, created by former Coinbase engineer Charlie Lee in 2011 as a quicker alternative to the flagship bitcoin, was worth an all-time high of $365 as recently as December, according to Markets Insider data. During its astronomical rise, Lee was often accused of manipulating the price of Litecoin through his tweets and public appearances.

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Bank of America Corp Marks Beginning of Secular Growth

Wed, 17 Jan 2018 12:30:44 -0500

(image) In light of recently-reported quarterly results from peers and rivals like Citigroup Inc (NYSE:C) and JPMorgan Chase & Co. (NYSE:JPM), the prior quarter’s numbers from Bank of America Corp (NYSE:BAC) weren’t particularly surprising. Owners of BAC stock were also prepared to hear that the recent tax overhaul took a sizeable but one-time toll on the bottom line, even as it set the stage for major long-term growth. For its fourth fiscal quarter ending in December, Bank of America turned $20.4 billion worth of revenue into a profit of $2.4 billion, or 20 cents per share of BAC stock.

10 Super Safe Growth Stocks to Buy for Long-Lasting Dividends

Wed, 17 Jan 2018 10:42:46 -0500

(image) The stock market’s relentless march upward has pushed the prices of many companies higher. Fortunately, Simply Safe Dividends identified 10 super-safe dividend growth stocks that investors can rely on for secure, fast-growing income. Let’s take a look at 10 of the safest dividend growth stocks in the market.

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How Ford is taking on Jeep

Wed, 17 Jan 2018 12:45:45 -0500

(image) Most all-wheel drive vehicles are made for soft off-roading—gravel roads, snowy passes, the occasional beach—not for the boulder-strewn mountain-goat trails the toughest Jeeps are built to roam. Ford sees that as an opportunity. Its new Ranger pickup, revived after a seven-year hiatus, is aimed at recreational enthusiasts who don’t need a work truck but love the flexibility a pickup offers.

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3 Top Index Funds for Your IRA

Wed, 17 Jan 2018 06:37:00 -0500

(image) These funds can give you low-cost stock market exposure, without the risk of individual stock investing.

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Trump Calls Apple’s Overseas Cash Return ‘Huge Win’ for U.S.

Wed, 17 Jan 2018 18:50:44 -0500

(image) President Donald Trump said in a tweet Wednesday that Apple Inc.’s decision to bring hundreds of billions of overseas dollars back to the U.S. is a “huge win for American workers and the USA!”