Month: October 2018

Joe Horowitz is a venture capital traditionalist. He believes in best practices, business fundamentals and calculated bets. But as megafunds and hundred-million-dollar rounds balloon valuations and flood the space, the Icon Ventures managing general partner finds himself fighting money with money. “If we don’t adjust to the reality of the implications of what the megafunds
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The Federal Reserve isn’t paying enough attention to the jobs being wiped out by technological innovation, CNBC’s Jim Cramer said Friday. “Right at the moment when Silicon Valley is laying waste to white-collar jobs and many factory positions — that’s why companies love the cloud, it lets them fire people — the Fed is obsessed
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PayPal shares soared 9 percent on Friday after the company beat expectations on earnings and revenue and announced positive news about its peer-to-peer app Venmo. The payment company’s stock hit a high above $86. Shares are up more than 26 percent year over year. On Thursday, PayPal reported third-quarter earnings that beat Wall Street’s expectations,
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The “Fast Money” traders shared their first moves for the market open. Dan Nathan was a seller of the Financials ETF Brian Kelly was a buyer of SPDR Gold Shares Karen Finerman was a buyer of Golar LNG Guy Adami was a buyer of Viacom Trader disclosure: On October 18, 2018 the following stocks and
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Investors finally got what they were waiting for in PayPal‘s quarterly earnings: Good news about Venmo. The peer-to-peer payments app, which PayPal acquired along with Braintree in 2012, has struggled to make money for its parent company. Wall Street analysts highlighted the app’s performance as a key metric to watch in Thursday’s earnings report. Venmo
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Amarin Corp.: “We’re going to take out our cost basis tomorrow, even though that heart drug is pretty good. Tomorrow, you take out the cost basis and you can’t lose. As a matter of fact, I would take out double my cost basis because that stock’s in the $20s now. So that’s how we’re going
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Cannabis retail in the United States is fraught with “points of dissonance” in the stores that exist today, retail industry veteran Peter Horvath, who now runs a cannabis-focused consumer products company, told CNBC on Thursday. Horvath, a former L Brands and American Eagle Outfitters executive whose newest employer, Green Growth Brands, will come public later
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Check out the companies making headlines after the bell: PayPal stock jumped more than 7% percent after the market-close on Thursday following the release of its third-quarter earnings report. The payment company beat on both its top and bottom lines, reporting earnings of 58 cents per share on revenue of $3.68 billion, vs. analyst estimates
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American Express beat Wall Street’s expectations for third quarter earnings, saying Thursday it had earnings per share of $1.88 on strong gains in spending by consumers and small businesses. Wall Street had expected EPS of $1.77, as forecast by Refinitiv. Revenue was a record $10.1 billion, beating the expectation of $10.05 billion. Profit of $1.6
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During the interview process, you definitely walk a line between showing your best self and not sounding overly boastful. Instead of one-word descriptions or adjectives, give full descriptions of your strengths, says Heather Barker, director of human resources at TGS, a Houston data company. “The answer can’t just be, ‘I’m really good at communication,’ or
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Source: Acadia Healthcare. North Tampa Behavioral Health facility in Wesley Chapel, Florida, owned by Acadia Healthcare.   Acadia Healthcare shares soared Thursday after Reuters reported that the U.S. behavioral health centers operator is in talks with private equity firms about selling itself. Acadia, which operates a network of nearly 600 behavioral health-care facilities with approximately 17,800 beds
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The strongest job markets for college graduates in midsize cities include California-Lexington Park in Maryland and Hanford-Corcoran, California. In large cities, recent graduates will likely find themselves in demand in Merced and Bakersfield, California. On the other hand, a college degree is unlikely to get you in the door in midsize cities like Ithaca, New
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