Harley-Davidson’s first-quarter profit fell 26.7% as the motorcycle company struggled with falling demand as well as higher costs from U.S. tariffs on raw materials and European taxes on imports of its motorcycles. Here’s how the company did compared with what Wall Street expected: Adjusted earnings: 98 cents per share vs. 65 cents per share forecast
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Widely regarded banking analyst Mike Mayo of Wells Fargo is calling out top executives at State Street. In a research note issued after State Street’s earnings were released Tuesday morning, Mayo writes “STT needs to improve pay-for-performance and management accountability, especially after the release of 2019 proxy and disappointing first quarter 2019 and decade to
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President Donald Trump could be facing a “cruel summer” when it comes to crude oil prices, says RBC’s Helima Croft. Oil prices surged to nearly six-month highs after the Trump administration said Monday that it would end a waiver program that allowed certain countries to purchase oil from Iran. The move, ostensibly aimed at driving
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It’s time, again, for the annual Social Security Trustees’ Report.  The headline figures, as always, are the change in the dates at which the various trust funds are projected to be depleted.  Combining OASI (Old-Age and Survivors Insurance) and DI (Disability Insurance) together, the depletion date has been extended one year further out, from 2034
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Since New York City required residential buildings to set smoking policies, real estate agents and landlords say they have seen no impact on sales. Getty Since last summer, all New York City multi-family properties have been required by city law to create smoking policies for their buildings, leaving landlords, co-op boards and property managers debating
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A presentation by professor of corporate finance and equity valuation, Aswath Damodaran. In this interview, Aswath discusses the life cycles of a company and how this affects its valuation. Aswatch also talks about the difference in life cycles between tech and non-tech companies.? Books by Aswath Damodaran are located at the bottom of the description❗
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Nearly three dozen men and women filed a federal class-action lawsuit alleging Florida authorities unlawfully videotaped them as they received legal massages at a parlour where New England Patriots owner Robert Kraft allegedly paid for sex. The lawsuit by 31 John and Jane Does alleges that prosecutors and the Jupiter Police Department violated their rights
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The first round of Lyft analyst notes is bullish on the newly public ride-hailing company as brokerages across Wall Street clamor to recommend what one described as “the future of human transportation.” Though each analyst presented a unique interpretation of Lyft’s business, most emphasized a large, global marketplace, a short list of competitors and a
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Donald Trump’s surprising ascent to president of the United States has brought many unexpected effects to the financial markets. Ironically, one has been a rapid increase in interest and adoption of impact investing and other types of values-based investing. Impact investing, or values-based investing, is a type of investing that helps people and/or organizations align
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