Month: October 2019

A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Generally, profits are topping expectations by a large margin this earnings season, but there were some notable misses on Tuesday. Some of the largest and most well-known companies in the U.S. — including McDonald’s, UPS and Lockheed Martin
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Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The New Hampshire Retirement System voted on Tuesday to end its $239 million relationship with Fisher Investments, bringing the total divested from the money manager
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The Tax Foundation’s 2020 State Business Tax Climate Index illustrates the states’ relative business … [+] tax burdens. (See: https://taxfoundation.org/2020-state-business-tax-climate-index/) The Tax Foundation The 27 states with the lightest tax burden on individuals continued to add jobs at double the rate of the 23 states with higher taxes since the federal tax cut was signed
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Employees sort packages at the United Parcel Service (UPS) Chicago Area Consolidation Hub in Hodgkins, Illinois. Daniel Acker | Bloomberg | Getty Images on Tuesday reported a quarterly profit that came ahead of Wall Street estimates, benefiting from strong e-commerce demand and rival breakup with Amazon.com. United Parcel Service’s e-commerce fueled quarterly profit beat on Tuesday
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Bank of America.  Steve Grasso was a buyer of Snapchat.  Dan Nathan was a buyer of Facebook.  Guy Adami was a buyer of Schlumberger. Disclosure Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, ALEF, AMZA, ACB,
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Tech just can’t get away from politics. Sen. Elizabeth Warren, D-Mass., has a bone to pick with Facebook, mainly its standards for political ads. After Facebook refused to take down a Trump campaign ad that accused him of wrongdoing connected to his son Hunter’s work in Ukraine, Warren fired back. She posted her own Facebook
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Taavet Hinrikus and Kristo Käärmann, founders of TransferWise Source: Transferwise ABU DHABI — TransferWise, the $3.5 billion financial technology start-up backed by investors including Peter Thiel and Richard Branson, is expanding its money transfer service in the Middle East. The company announced Tuesday it obtained a license as a Money Services Provider in Abu Dhabi.
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