Month: November 2019

jeffbergen | E+ | Getty Images The average American is in poor financial health. Those with credit cards carry more than $5,500 in debt and, according to the American Psychological Association, 81% of Americans say that money is a significant source of stress in their lives. Despite the struggle, the basics of personal finance are
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John Deere & Co. wheel loaders sit outside at Martin Equipment in Rock Island, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Deere dropped on Wednesday after the manufacturing company issued lower guidance as trade tensions continue to slow equipment purchases by farmers. The Moline, Illinois-based company said it now expects net income
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Dong Wenjie | Moment | Getty Images Box raised its full-year revenue forecast on Tuesday after reporting better-than-expected third-quarter sales, as the cloud management platform benefited from higher customer addition. Shares of the Redwood City, California-based company rose about 4% in extended trading. Box raised full-year revenue forecast to a range of $693.7 million to
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HP stock rose as much as 3% on Tuesday after the company showed acceleration in revenue growth in the fiscal fourth quarter and issued strong guidance. Here’s how the company did: Earnings: Excluding certain items, 60 cents per share, vs. 58 cents per share as expected by analysts, according to Refinitiv. Revenue: $15.41 billion, vs.
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Best Buy shares surged to a 52-week high on Tuesday after the company reported earnings and revenue that beat analysts’ expectations and raised its earnings guidance. In morning trading, shares were up 8%, after briefly touching $80.54, a high for the past year. Shares of Best Buy were up 40% this year as of Monday’s
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‘ ); console.log(“26”); $(document).ready(function(){ $(“.ArticleHeader-headerContentContainer”).append($newdiv); }); Armed with Peter Mayle’s 1989 best-seller A Year in Provence, my husband and I spent a romantic week in Provence in 1994. Newly love-smitten, we stayed in a quaint hotel overlooking the Rhône, enjoying breakfasts on our balcony by the river and strolling starry-eyed into the Place du Forum
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Passengers entering customs at Miami International Airport, ranked among the bottom five for immigration processing by Airside Mobile. JodiJacobson | iStock Unreleased | Getty Images If you’re traveling abroad this Thanksgiving weekend, you might want to think about waiting until the very last minute to fly home. That’s because you’ll find some of the shortest
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Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019. Patrick T. Fallon | Bloomberg | Getty Images Abigail Disney, the heiress to the world-renowned entertainment firm, has endorsed the proposed wealth tax from Democratic presidential candidate Sen. Elizabeth Warren, slamming the wealthy people that are
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Pure Storage CEO Charles Giancarlo. Ryan Anson | Bloomberg | Getty Images Pure Storage, a manufacturer of high-speed storage equipment for data centers, became the latest tech infrastructure provider to issue weak guidance, at least in part because of worsening macroeconomic conditions and the U.S.-China trade war. Pure Storage shares plunged 21% in Friday’s premarket,
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‘ ); console.log(“26”); $(document).ready(function(){ $(“.ArticleHeader-headerContentContainer”).append($newdiv); }); Las Vegas isn’t the first place you’d think of to go on vacation alone. But earlier this year after a conference at one of the giant hotels on the Strip, I was curious to see Sin City through fresh eyes and decided to stay five more days — by
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Gap Inc. on Thursday reported quarterly earnings and sales that topped analysts’ lowered expectations, after the company warned earlier this month that it was anticipating dismal results. Its once-strong Old Navy brand struggled to move women’s apparel off of shelves, resulting in a third-quarter same-store sales decline of 4%. The company said it “lost sight
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Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Shares of Nordstrom spiked more than 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates, and narrowed its 2019 earnings forecast. Although
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Apple CEO Tim Cook and President Donald Trump were in Texas this week, in a high stakes photo-op at the factory in Austin where Apple’s Mac Pro computer is assembled. Cook no doubt wants to make it hard for the president to put tariffs on Mac Pro components. Cook has said unless Apple continues to
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A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Bloomberg | Getty Images L Brands posted mixed third-quarter results Wednesday as declining sales at its Victoria’s Secret brand continued to weigh on its performance. The
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Target earnings and sales trounced analysts’ estimates, marking a bright spot in retail after weak reports from department store chains J.C. Penney and Kohl’s. The big-box retailer also raised its profit outlook for the full year, ahead of the all-important holiday shopping season. Its shares surged more than 10% in premarket trading on the news.
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Lowe’s on Wednesday reported quarterly earnings that beat analysts’ expectations and raised its forecast for the year, even as revenue fell short of projections. Shares rose more than 5%, hitting a new 52-week high, as investors took the second-straight quarter of better-than-expected results as a sign it is executing its turnaround plan under CEO Marvin
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Former U.S. Treasury Secretary Larry Summers bashed presidential candidate Sen. Elizabeth Warren‘s tax proposals on Tuesday, arguing they go too far and could ultimately hurt the American economy. “I don’t think that taxation approaching confiscatory is remotely feasible and, if it was tried, would have catastrophic economic consequences,” the former economic advisor to Barack Obama said
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