A roundup of today's best photos.
A roundup of today's best photos.
Joe: Why do the liberal media and the liberal Democrats have to call them "undocumented immigrants".when really they are illegal aliens. Them seem to lie and always change the names of everything to try and deceive everyone. Abortion is called pro-choice, homosexuals are called gay, Only Satan deceives in such ways...
Eric Schmidt, executive chairman of Google's parent company Alphabet, is worth an estimated $11 billion. While a significant amount his wealth comes from stock he received as Google's CEO, the billionaire credits a few personal finance strategies with helping build his net worth. This isn't the only piece of advice Schmidt has for professionals.
A Maryland high school student is expected to face charges after a journal with a detailed plan for a mass shooting at her school was found in her home, in addition to a shotgun and bomb-making materials, authorities said. On March 23, the father of the suspect, Nichole Cevario, 18, told officials at Catoctin High School in Thurmont, Maryland, about a "potential threat of violence towards the school," the Frederick County Sheriff’s Office said, and his daughter "was immediately removed from the classroom and turned over to investigators." Authorities searched Cevario's home where they found a shotgun with ammunition and "bomb-making materials to include pipes with end caps, shrapnel, fireworks,
It's been a fantastic 15 months for Advanced Micro Devices (AMD) . If you're among the investors who'd bought the then dead-beat chipmaker back in December 2015, you'd have made over 300% in this period--even as AMD beat quarterly earnings estimates, shrugged off balance sheet concerns and demonstrated liquidity improvement. Is it then time to take profits off the table? We'd recommend staying with the company. First, there is better visibility into Ryzen 7 and the imminent Ryzen 5 launch on April 11. While the Ryzen 7 series competes with Intel's (INTC) workstation and professional applications, it has received mixed reviews. AMD said it plans to launch four mainstream Ryzen 5 CPUs on April
Equity markets are facing a "quite high" risk of a correction but it won't be enough to throttle the bull market altogether, the chief global equities strategist at Goldman Sachs has told CNBC. "We think the trigger is probably not going to be so much politics … But more really the fundamental peaking of growth momentum which has been so supportive for the reflation trade in recent months, at a time when U.S. rates are starting to increase again, coupled with the very high valuations that we already have," he explained before noting that this would not, however, signify the beginning of a complete reversal in shareholders' fortunes. "A correction – if we're getting one – is not going to be the end of bull market.
Mar.27 -- The Falcon 9 rocket slated to take off from Kennedy Space Center in Cape Canaveral, Florida, has flown before, marking the first time SpaceX will refly one of the 14-story-tall boosters it recovered from past missions. Bloomberg's Dana Hull has more on "Bloomberg Technology."
"While world-class thinkers understand the importance of saving and investing , they direct their mental energy toward accumulating wealth through serving people and solving problems," writes self-made millionaire Steve Siebold in "How Rich People Think," which he wrote after studying millionaires for over 25 years. Here are four strategies to build wealth from self-made millionaires who have done it. "You won't get rich without multiple flows of income," says self-made millionaire Grant Cardone , who was deep in debt before reaching seven figures .
The Latest on contacts between President Donald Trump's senior adviser and son-in-law, Jared Kushner, and Russian officials (all times local): 2:45 p.m. The top members of the Senate intelligence committee say that President Donald Trump's son-in-law has voluntarily agreed to be interviewed as part of their ongoing investigation into Russia's interference in the 2016 election and possible ties between Trump associates and the Kremlin. Sens. Richard Burr, a North Carolina Republican, and Mark Warner, a Democrat from Virginia, said in a joint statement that they are committed to follow the facts wherever the investigation leads them. The White House confirmed that Kushner had volunteered to answer
When Weatherford International (WFT) announced that it had named Halliburton (HAL) CFO Mark McCollum its new CEO, its shares jumped as some observers contended it increased the odds of an acquisition by the oil-services giant. It looks like they picked the wrong oil-services giant, however, as Weatherford and Schlumberger (SLB) announced a joint venture late Friday, one that has sent Weatherford’s shares soaring and earned it an upgrade from Wells Fargo analysts Judson Bailey and Coleman Sullivan. They explain why: We are upgrading WFT to Outperform from Market Perform as we like the hire of Mark McCollum as CEO and now the formation of the OneStim JV, which gives us greater confidence in improving
General Electric (GE) has had an earnings problem. Not the numbers themselves, but the way they report them.Last year, MarketWatch's Tomi Kilgore noted that General Electric had reported four different earnings metrics when it released it second-quarter financials in July, and concerns about how GE reported its numbers was picked up by analysts including Deutsche Bank’s John Inch, who took issue with the way the industrial giant accounted for Alstom, and Bernstein's Steven Winoker, who said GE needed to "simplify and clean up all financial reporting."With earnings called into question, JPMorgan's C. Stephen Tusa and team contend that bullish investors are now focusing on GE's free cash flow, an "emerging bull case" they call "overstated and not plausible." They explain why:
This is probably the biggest rule for being happier at work, because so often when something at work is aggravating you -- like an annoying co-worker, a bad boss or a nonsensical policy -- the natural response is to fixate on the problem.
Kudos to Sears Holdings Corp. (SHLD) for finally admitting what everyone already knew: it's almost dead. As TheStreet broke the news on Twitter Tuesday evening, Sears indicated in its newly filed annual report that "substantial doubt exists related to the company's ability to continue as a going concern." For those clickbait-loving headline writers out there with no financial services training: what Sears essentially said is that yes, it's unsure if it could stay in business. Well, duh. Sears' cash position has melted from a high point of $1.7 billion for the 2009 calendar year to a mere $286 million to close out 2016. Revenue hasn't grown since the credit boom lifted all ships in retail in
Aluminum producer Alcoa (AA) has seen its shares jump 20% so far this year. Buoyed by a set of positive factors set to drive earnings into next gear, it's easy to understand the bullishness around Alcoa. Goldman Sachs upgraded Alcoa to a 'buy' and its price target of $52 indicates a more than 58% upside from current levels. We're in agreement with Goldman's optimism. Between China's commitment to cut surplus capacity in the steel sector and Trump's drive to push legislation that could action a $1 trillion investment in U.S. infrastructure there appear to be tailwinds developing for Alcoa. Alcoa is now a lean and agile enterprise, after having split last year into two entities. The company, which
To say it's been a bad past two years for Under Armour (NYSE:UA) (NYSE:UAA) stock would be an understatement. After topping at an all-time, split-adjusted high of $52.92 in late September 2015, Under Armour shares have since suffered a 63.2% decline. Worse yet, this sell-off has erased effectively all the outperformance against the S&P 500 that Under Armour shares had accrued over the past five years. However, one investor's trash can be another's treasure in the stock market. Under Armour remains a strong bet for continued growth over the long term. What went wrong at Under Armour The drag on UA stock is the perception that it's a busted growth story, a company whose long history of prodigious
Choosing where to buy a new iPhone isn’t as simple as it might seem. Third-party stores or carriers might give you a better monetary deal than buying an iPhone from the Apple Store, but you’re also going to have to deal with yearly contracts, bill credits, or the hassle of unlocking the device if you switch networks. As of right now, if you buy an iPhone on T-Mobile and opt for extra device insurance, you’ll also get AppleCare included in the price.
DETROIT/WASHINGTON (Reuters) - Ford Motor Co on Tuesday said it would invest $1.2 billion in three Michigan facilities and create 130 jobs in projects largely in line with a previous agreement with the United Auto Workers union, hours after U.S. President Donald Trump touted a "major investment" by the automaker on Twitter. In January, Ford scrapped plans to build a $1.6 billion car factory in Mexico and instead added 700 jobs in Michigan following Trumps criticism that centered on trade and investing in America. Ford said on Tuesday it would spend $850 million on a planned upgrade of a plant in Wayne, Michigan, for the Ford Bronco, an SUV model, and the Ford Ranger - a mid-size pickup truck.
Niki Lauda has hailed Valtteri Bottas's debut for Formula One world champions Mercedes as "incredible" and suggested the Finn's retired predecessor Nico Rosberg would have done no better. Bottas started and finished third in Sunday's season-opening Australian Grand Prix, with his team mate and triple champion Lewis Hamilton second behind Ferrari's race winner Sebastian Vettel.
New research suggests digital tools used to track net worth could lead investors to misunderstand how much they have saved for retirement.
Ever since Donald Trump began railing against undocumented immigrants at the beginning of his presidential campaign, so-called “sanctuary cities” have been a target of some of his strongest condemnation. Attorney General Jeff Sessions, himself a strong supporter of tougher immigration laws, announced that the Department of Justice would deny grants administered through its Office of Justice Programs to jurisdictions that do not comply with 8 USC 1373.
OPEC’s worries about the booming U.S. oil production have increased significantly with the big three oil companies’ interest in shale. Exxon Mobil Corp., Royal Dutch Shell Plc, and Chevron Corp., are planning $10 billion of investments in shale in 2017, a quantum jump compared to previous years. All the naysayers who doubted the longevity of the shale oil industry may have to modify their forecasts.
Maybe you also followed this story. Or maybe not. But basically a really big hedge fund manager, one of those guys who people quote and probably talk about at Harvard Business School, placed a super big bet on this company called Valeant.Valeant is a
As the stock market closed mostly lower on Monday, the "Fast Money" traders discuss where they are finding opportunity in the stock market. Trader Steve Grasso said he is a "net seller of stocks at this level." He said he has sold positions in Snap
After three decades building an airplane from scratch, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to reach a ripe old age to see Honda Motor Co's pet aviation project recoup its development costs. Honda has declined to reveal the costs, but the automaker has been researching aircraft development since 1986, and Richard Aboulafia, vice president of analysis at aerospace consulting firm Teal Group, thinks it has likely spent roughly $1 billion on the jet program since the early 2000s - more than double the $400 million typical for similar jets. The company that gave the world the Honda Civic, which revolutionized compact cars in the United States in the 1970s, is betting its $4.5 million dollar, six-seater light business jet, the first aircraft developed by an automaker since World War Two, will expand the fuel-efficient private jet market.
The past few days have been utterly painful for shareholders of Frontier Communications (NASDAQ:FTR). After analysts called the company's dividend into question, shares have fallen sharply -- and they have lost almost half of their value since just this January. Does such a move mean that the company -- and its headline-grabbing dividend yield of over 20% -- is a buy at today's prices? Would it be a better bet than putting your money behind a much safer telecom like AT&T (NYSE:T)? The answers to these questions aren't 100% knowable. But we'll try to examine them by viewing the two companies through three different lenses. Sustainable competitive advantages If I had one piece of advice for beginning
Microsoft has been sued in the US by three users who claim the free Windows 10 update destroyed their data and damaged their computers. The lawsuit filed at the Chicago's US District Court refers to Windows 10 as a defective product and alleges that Microsoft failed to provide adequate warning about the potential risks posed by Windows 10 installation. Microsoft has dismissed the claims, telling The Register: "The Windows 10 free upgrade program was a choice designed to help people take advantage of the most secure, and most productive Windows.
Shares of Pfizer (PFE) are up nearly 1% today to $34.25 after Credit Suisse suggested the possibility that Pfizer could take over Bristol-Myers (BMY). A Barron's article mentioned that Credit Suisse believes there could be value creation of about $5 billion or $0.80 per share in synergies. To get these synergies, PFE would have to acquire BMY in an all-cash deal with a 25% premium, the article notes. BMY shares are down by nearly 4% in 2017 and are down nearly 10% over the past year. Bristol-Myers currently has a market cap of about $95 billion, which implies a 25% premium would value the company at roughly $120 billion, or around $72 per share. On the other hand, PFE shares have rallied by 5.5%