Month: April 2019

Starbucks is reporting its second-quarter results after the bell Thursday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv: Earnings per share: 56 cents expected Revenue: $6.32 billion expected Same-store sales: 2.90% expected The Seattle-based company recently revamped its loyalty program, offering a wider range of redemption options for members.
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Unless you filed for an extension (sorry) the 2019 tax season finally is over. And it was eventful. It was the first under the 2017 Tax Cuts and Jobs Act (TCJA), which made many of us uncertain to say the least. It got off to a rocky start thanks to a month-long government shutdown that
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Demon With Bowl by Damien Hirst at KAOS. Palms Casino and Resort The Palms Casino and Resort in Las Vegas recently revealed the last major renovations as part of their $690 million overhaul. The remodel began in January 2017 shortly after Station Casinos purchased the property in 2016. This renovation features partnerships with several world-class brands including Clique Hospitality
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Altria on Thursday reported first-quarter earnings and revenue that missed analysts’ expectations and drove its shares down 2% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 90 cents, adjusted, vs. 92 cents expected Revenue: $4.39 billion vs.
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Occidental Petroleum. Tim Seymour was a buyer of Biogen. Chris Verrone was a buyer of Ford. Guy Adami was a buyer of Xilinx. Trader disclosure: Pete is long calls AAL, AMD, AMRN, ASHR, BABA, CSCO, CVE, DVN,
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Officials from the FBI and U.S. Attorney’s office in Florida have been interviewing customers of JetSmarter about the private jet company’s business practices and communications, according to JetSmarter customers. The scope and nature of the inquiries are unclear. In a statement to CNBC from JetSmarter and its new owner Vista Global, the company denied JetSmarter
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Tesla‘s first-quarter loss was “catastrophic” and the electric auto maker’s board should hold CEO Elon Musk responsible, management expert Jeffrey Sonnenfeld told CNBC on Thursday. “When is the board going to wake up?” asked Sonnenfeld, a senior associate dean at the Yale School of Management. “You know what they are? They do understand cruise control
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Against a backdrop of plentiful jobs and an early-year surge in the stock market, Americans’ financial happiness has hit a new high. The American Institute of CPA’s quarterly Personal Financial Satisfaction Index, released Thursday, is up 11% from the previous reading and 27% higher than a year ago. “People are feeling more comfortable with their
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U.S. Senator Elizabeth Warren (D-MA) (Photo Credit: AP Photo / Charlie Neibergall) U.S. Senator Elizabeth Warren wants to cancel your student loan debt. Here are five questions. Student Loan Forgiveness: Elizabeth Warren Proposal This week, Warren (D-MA) and a 2020 presidential candidate, proposed a bold plan to cancel student loan debt for tens of millions of
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Check out the companies making headlines after the bell: Shares of Facebook popped more than 7% in extended trading Wednesday following the release of the social media giant’s first-quarter earnings. Facebook reported earnings per share of 85 cents, which was not comparable to analysts’ estimates due to a $3 billion legal expense related to a
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Billionaire philanthropist and former tech executive Melinda Gates is urging parents in the United States to vaccinate their children because it “saves lives.” In an interview with CNBC’s Becky Quick that aired Wednesday, Gates said she is “very frustrated” by the growing misinformation efforts of anti-vaccination activists, a vocal fringe in the U.S. who oppose
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