  We study the possibility and stability of band-ferromagnetism in the
single-band Hubbard model for the simple cubic (SC) lattice. A non-local
self-energy is derived within a modified perturbation theory. Results for the
spectral density and quasiparticle density of states are shown with special
attention to the effects of k-dependence. The importance of non-local
correlations for the fulfillment of the Mermin-Wagner theorem is our main
result. A phase digram showing regions of ferromagnetic order is calculated for
the three dimensional lattice. Besides, we show results for the optical
conductivity and prove that already the renormalized one-loop contribution to
the conductivity cancels the Drude peak exactly in case of a local self-energy
which is not anymore true for a non-local self-energy.
