Stocks to own for the next 239 years In honor of America's birthday, the "Fast Money" traders pick companies to own that could be around for the next 239 years.
| By: Michael Newberg
Fact sheet: 2015 Jaguar XJL 2015 Jaguar XJL Portfolio AWD. BASE PRICE: $74,200 for base XJ; $77,700 for base XJ AWD; $81,200 for base XJL; $84,700 for XJL AWD. OPTIONS: Premium rear executive package $7,750; Meridian surround sound system with 825 watts $2,300; British racing green exterior paint $1,500; visibility package $850; front seat massage $800.
Source: The Associated Press
| By: By The Associated Press
UPDATE 1-Stock futures slump, bonds rally as Greek default looms June 28- U.S. equity futures dropped sharply and bond futures rallied at the beginning of trading on Sunday as the chances increased that Greece would default on its debt and exit the euro zone. Greece said it would introduce capital controls and keep its banks closed on Monday after international creditors refused to extend the country's bailout and people...
| By: David Gaffen
UPDATE 2-OneWeb sets record launch plan after $500 mln funding The fund-raising attracted backing from Richard Branson's Virgin Group and Europe's Airbus Group, which will also build 900 "micro-satellites" designed to extend the reach of the Internet to remote corners of the world. The company, based in Britain's Channel Islands, plans over 65 launches including 39 from Virgin's spaceflight company, Virgin Galactic, and...
| By: Aman Shah and Irene Klotz
Internet-via-satellite venture signs deals for 60 launches CAPE CANAVERAL, Fla., June 25- Privately owned OneWeb, which plans to sell Internet services via satellite, signed contracts with launch service providers Virgin Galactic and Arianespace SA for 60 flights, OneWeb said on Thursday. OneWeb, based in Britain's Channel Islands, also said it has raised $500 million from a consortium of companies, including Europe's...
| By: Irene Klotz
UPDATE 1-Satellite Internet venture OneWeb gets $500 mln in funding *Group of eight investors include Virgin, Airbus, Bharti. OneWeb, whose backers include Richard Branson's Virgin Group and Indian billionaire Sunil Mittal's Bharti Enterprises, said it would use the funds to acquire 65 commercial rockets to launch satellite-borne Internet services to extend the reach of mobile operators to customers in remote corners of...
| By: Aman Shah
INSIGHT-Uncertain future for global diamond trade as profits vanish TEL AVIV, June 24- The family businesses that make up the global diamond trade have seen their profits wiped out over the past five years, hit by shaky financing, increased costs and uncertain demand from customers who prefer hi-tech gadgets to bling. While the $80 billion overall spent on diamond jewelry last year was a record, the manufacturers are expected to...
| By: Tova Cohen and Ari Rabinovitch
US STOCKS-Wall St little changed after trimming earlier gains June 23- U.S. stocks were little changed in early afternoon trading, having trimmed earlier gains after comments from Federal Reserve Governor Jerome Powell that the economy could be ready for interest rate increases twice this year. The Nasdaq Composite index touched a record high earlier in the session, while the S&P 500 was less than seven points away from...
| By: Tanya Agrawal
US STOCKS-Wall St sheds gains after comments on rate rise June 23- U.S. stocks trimmed earlier gains and were mostly negative in late morning trading after comments from Federal Reserve Governor Jerome Powell that the economy could be ready for interest rate increases twice this year. The Nasdaq Composite index touched a record high earlier in the session, while the S&P 500 was less than seven points away from its...
| By: Tanya Agrawal
The homebuilder trade Existing home sales were higher in May, so what housing stocks should you bet on? David Seaburg, Cowen & Co., and Todd Gordon, TradingAnalysis.com, discuss.