- BusinessMarketWatch•14 hours ago
How do I cancel 10 credit cards without damaging my credit score?
Dear Moneyologist, I became ill suddenly and had to retire at 62. When I was divorced at 45 I had nothing. I re-grouped, saved, saved and saved, put two children through college and rose through the ranks at work. When I retired, I had two years of expenses in an emergency fund (it is still there), zero credit-card debt and have lived very frugally on my small pension and Social Security Insurance since then. When I was making six figures at work, I took out credit cards to get miles, rewards etc. I have quite a few. Because I am not using them, I am getting annual fees (I have about 10). I want to cancel these accounts because I’m wasting $1,000 a year in credit cards fees, which is sinful to
BusinessThe Street•3 hours agoCan Alibaba Live Up to the Hype Behind its 2018 Q1 Results?
With Alibaba (BABA) shares up more than 81% year-to-date, analysts are expecting big things from the Chinese e-commerce giant's 2018 first quarter results on Thursday morning. Analysts are expecting Alibaba to report earnings of 93 cents per share on revenue of $7.1 billion. This would represent 31.9% year-over-year growth in earnings and 54.6% year-over-year growth in revenue. For the same quarter last year, Alibaba reported earnings of 71 cents per share on revenue of $4.6 billion. The stock is trading up an incredible 81% year-to-date on Wednesday morning to $159.97, including about a 40% rise since the company reported its last quarterly results in mid-May. The 43 analysts surveyed by
- BusinessMarketWatch•1 hour ago
Cisco earnings: Did Trump slump continue?
Cisco Systems Inc. stock plunged after last quarter’s results, when the company blamed uncertainty during the federal government’s transition to President Donald Trump for a weak forecast. On Wednesday, Cisco CSCO, +0.81% will show if it was right. The networking giant is scheduled to reveal its fiscal fourth-quarter results after the market closes Wednesday, and federal-government spending—an important segment for Cisco—will be closely watched. Results fell 1% in the third quarter, and Cisco execs noted in May that about a percentage point of its forecast for a 4%-to-6% sales decline in the fourth quarter was due to uncertainty with the feds. Cisco executives explained that many federal departments
