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Mitchell Leff | Getty Images Graham Betchart has worked with Ben Simmons (pictured) of the Philadelphia 76ers as part of his work as a mental coach to top NBA players. NBA star Ben Simmons has some choice words for the NCAA. Born in Melbourne, Australia, Simmons came to the U.S. to play professional basketball but,
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Energy stocks are about to play catch-up to the rest of the market, one strategist says. Larry McDonald, founder of the Bear Traps Report investment newsletter, has been watching closely the apparent disconnect between strong global growth and lagging oil stocks. After all, domestic and international stock markets are near all-time highs, he pointed out.
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U.S. tractor maker Deere on Wednesday forecast strong earnings for the coming fiscal year, while reporting fourth-quarter results ahead of Wall Street estimates, as it benefits from improving demand for farm machinery. Shares of the Moline, Illinois company known for its trademark green tractors rose 5 percent in premarket trading and were on track to
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The Justice Department’s lawsuit to block AT&T‘s $85 billion acquisition of Time Warner seems more like a detour than a permanent shift in the federal government’s antitrust strategy. The lawsuit, filed Monday in a D.C. federal court, had many lawyers and antitrust scholars wondering about the government’s case. It hasn’t successfully blocked a vertical deal
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Marvell Technology Group President and CEO Matt Murphy told CNBC that he wasn’t expecting the market to react so positively to Marvell’s $6 billion deal to buy fellow chipmaker Cavium. “We’re actually pleasantly surprised,” Murphy told “Mad Money” host Jim Cramer on Tuesday. “The reaction we’ve gotten over the last few days as I’ve met
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Enterprise software company Salesforce.com saw its stock sink on Tuesday after it reported better-than-expected earnings for the third quarter of its 2018 fiscal year, which ended on Oct. 31. Salesforce stock was about 2.1 percent lower in premarket trading Wednesday. EPS: Excluding certain items, 39 cents per share vs. 37 cents per share as expected
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CBS and PBS have both fired journalist Charlie Rose amid allegations of sexual misconduct. Rose, who hosts the interview program “Charlie Rose” on PBS and Bloomberg as well as “CBS This Morning,” was suspended Monday after a Washington Post report detailed multiple alleged sexual harassment incidents perpetrated by the journalist. CBS detailed the decision in
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If you’re married, split your HSA savings into two accounts, with money in both your name and your spouse’s, Stahl said. You’ll still be limited to the maximum annual family contribution (currently $6,750), but then each spouse can make an annual $1,000 catch-up contribution once they reach age 55, he said. Workers who have access
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When it comes to who should feel in charge of their own money, Beyonce said it best: “All the single ladies, now put your hands up.” Nearly all single women — 97 percent — said it’s important to be engaged in managing their finances, according to a new Fidelity Investments study, “Single Women & Money.”
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Dollar Tree, the biggest U.S. dollar-store chain operator, on Tuesday reported third-quarter comparable store sales and profit that beat Wall Street estimates, helped by higher customer traffic and spending at its stores. Sales at stores open for more than a year rose 3.3 percent, above the 2.4 percent rise expected by analysts, while same-store sales
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Campbell Soup, which missed Wall Street estimates for first-quarter profit and revenue, said harvest delays of its carrot crop in California and higher costs are likely to hurt its earnings in the current quarter. Shares of the company were down 7 percent at $46.39 in late morning trading. The company, which sells the Bolthouse Farms
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