Month: April 2019

Still spinning from Tax Day? You’re not alone: plenty of folks who bagged wins last year are feeling shell-shocked, now that Uncle Sam has walked off with his cut. Let’s face it: it’s too late to recoup any of that cash. But you can still take steps to weaken Uncle Sam’s grip on from your
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An interview with billionaire president and COO of Blackstone, Jonathan Gray. In this interview, Jonathan discusses the economic environment and where he sees the investment opportunities. Jonathan also talks about the businesses of Blackstone, with a focus on real estate investing. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Private
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Toymaker Hasbro reported a surprise rise in quarterly revenue on Tuesday as the box-office success of the “BumbleBee” movie drove sales of its Transformers action toys, sending its shares up nearly 9 percent. A spin-off from the “Transformers” franchise, “BumbleBee” was the first film to come out of an expanded partnership between Hasbro and Paramount
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The markets are at new highs, but it doesn’t feel that way. Large earnings beats from companies as diverse at Lockheed Martin, United Technologies, PulteGroup and Whirlpool are propelling the S&P 500 to a new high. In addition to earnings well above expectations, we see China bottoming, Europe showing at least some signs of stability
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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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