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Apple joins the iPhone trade-in game

Apple retail stores offer credit for old iPhones, Facebook adds a music player to the Android app, and AT&T launches a prepaid option with Aio Wireless.

  • Business
    MarketWatch

    Should I sell my $565,000 duplex and invest the money — or continue to collect rent?

    The main question is whether I would get a better return by selling the duplex and investing the money or by keeping the property and collecting rent. What if the rental is vacant for a period of time?

  • The iPhone X May Be Here to Stay
    Business
    Motley Fool

    The iPhone X May Be Here to Stay

    The Apple (NASDAQ: AAPL) supply chain has been rife with rumors that the iPhone maker will end production of its flagship device this year. Noted Apple analyst Ming-Chi Kuo of KGI Securities believes that weak demand for the iPhone X is forcing the company to reduce component orders. Kuo says production of the iPhone X will be halted later this year when the new 2018 models go into production.

  • Litecoin Technical Analysis – Litecoin Fork to Test Support 18/02/2018
    Business
    FX Empire

    Litecoin Technical Analysis – Litecoin Fork to Test Support 18/02/2018

    Following a bullish trend through the week, Litecoin has seen a bearish trend form through the early part of this morning, with Litecoin hitting an intraday low $215.03. Litecoin’s first major resistance level sits at $213.6, with Litecoin having fallen through its first 2 resistance levels of $234 and $222 this morning. Having broken resistance levels through the week, this morning has been a day of testing support levels, with Litecoin’s heavily anticipated hard fork this evening in focus through the day.

  • Qualcomm is moving to decide how to price NXP deal to lure in enough shareholders
    Business
    CNBC.com

    Qualcomm is moving to decide how to price NXP deal to lure in enough shareholders

    Qualcomm and its advisors have been working to reassert control over the company's deal to acquire NXP Semiconductors this weekend, by trying to figure out what price will be enough to garner the 80 percent of shares needed to close the deal, sources tell CNBC. On Friday, Qualcomm's advisors at Goldman Sachs began contacting large holders of NXP to ascertain at what price those holders would be willing to sign voting agreements stipulating their support for a deal, according to people familiar with the conversations. While no specific price was offered, Qualcomm's advisors were said to have broached "the low $120's" as a possibility for a deal. This is Qualcomm's first effort in months to see what price large holders of NXP Semi would be willing to accept in order for Qualcomm to close the all cash deal, which is worth more than $40 billion.

  • Why General Motors Could Be Leaving Korea for Good
    Business
    Motley Fool

    Why General Motors Could Be Leaving Korea for Good

    In recent years, General Motors (NYSE: GM) has posted consistently strong profits in its two largest markets: North America and China. It's seeming increasingly likely that GM will ultimately have to end its manufacturing operations there to achieve this goal. Management first publicly raised the need for restructuring at GM Korea during General Motors' fourth-quarter earnings call earlier this month.

  • This Is Warren Buffett’s Top Equity Holding, Surpassing Wells Fargo
    Business
    Fortune

    This Is Warren Buffett’s Top Equity Holding, Surpassing Wells Fargo

    Warren Buffett's Inc. has taken a real shine to Inc. Berkshire boosted its holding of the iPhone maker to $28 billion at year-end, surpassing its stake in & Co., which was worth $27.8 billion on Dec. 31. Apple has continued to rally this year, increasing the value of Berkshire's stake to $28.6 billion based on Thursday's closing price.

  • Business
    MarketWatch

    This is how much credit-card debt makes you undatable

    More than 77% of people consider credit-card debt unattractive, according to a survey released Monday by personal-finance site Finder.com. On average, people say $11,525 in credit-card debt is enough of a red flag to swipe left or walk away. Payday loans, which can have astronomical interest rates as high as 400%, are the second most unacceptable forms of debt for daters.

  • Paul Ryan: Deficit increase is due to entitlement spending
    Politics
    Fox Business Videos

    Paul Ryan: Deficit increase is due to entitlement spending

    House Speaker Ryan talks need to reform health care, breaks down the budget deal that was passed on 'Sunday Morning Futures.'

  • Lifestyle
    MarketWatch

    There’s another option when the answer to ‘can I retire’ is ‘not yet’

    You need to estimate health-care expenses, your lifespan, taxes, future investment returns, interest rates and inflation over decades to make an informed retirement decision. Miscalculation in any of these areas can cause drastically divergent retirement outcomes.

  • David Tepper's Appaloosa Portfolio Jumped Nearly 50%: 13F
    Business
    Investopedia

    David Tepper's Appaloosa Portfolio Jumped Nearly 50%: 13F

    Billionaire David Tepper, the head of Appaloosa Management, recently filed his quarterly 13F report. According to the SEC filings, Appaloosa's value increase by almost 50% in the last quarter of 2017. As of the start of 2018, Appaloosa Management's largest holdings were Micron Technology Inc. (MU), Facebook Inc. (FB), and Powershares QQQ Trust (QQQ). $10.5 Billion Portfolio Stocks in Appaloosa's portfolio which were represented on the 13F filings totaled $10.5 billion as of December 31, 2017. The list value for those stocks was up an astonishing 47.5% as compared with the previous quarter, according to Value Walk. By comparison, the S&P 500 was up just over 6% over the same period. At a time

  • 3 Common Inaccuracies About NVIDIA's Cryptocurrency and Artificial Intelligence Businesses
    Business
    Motley Fool

    3 Common Inaccuracies About NVIDIA's Cryptocurrency and Artificial Intelligence Businesses

    NVIDIA (NASDAQ: NVDA) stock has been a huge winner in recent years. This exceptional performance has left investors hungry for articles about the fast-growing graphics processing unit (GPU) specialist and artificial intelligence (AI) player, which in turn means that financial writers are coming out of the woodwork to meet this demand.

  • Iran Fails To Comply With OPEC Deal
    Business
    Oilprice.com

    Iran Fails To Comply With OPEC Deal

    The OPEC Monthly Oil Market Report is out production data for January 2018. All data, unless otherwise noted, is through January 2018 and is in thousand barrels per day. OPEC crude only production has held steady for three months.

  • Amerisource shares jump on Walgreens buyout report
    Finance
    Associated Press

    Amerisource shares jump on Walgreens buyout report

    Shares of AmerisourceBergen soared Tuesday on reports that Walgreens is pursuing a complete takeover of the huge drug distributor. The Wall Street Journal reported late Monday that Walgreens Boots Alliance Inc. reached out to AmerisourceBergen Corp. about a potential deal several weeks ago. Walgreens already owns about 26 percent of the company, according to data provider FactSet.

  • Finance
    MarketWatch

    Wells Fargo auditors could soon deliver another blow to the bank

    Wells Fargo investors have learned a lot about the bank’s worsening issues recently, but they should be watching carefully over the next couple of weeks for possibly more bad news — from the bank’s auditors, KPMG. KPMG must opine on Wells Fargo’s(WFC) internal controls by around March 1, and investors might not like the answer: the very real possibility of an adverse opinion from the auditors identifying material weaknesses in the bank’s controls.

  • MGM Resorts Is Where It Needs to Be: Cotai
    Business
    Motley Fool

    MGM Resorts Is Where It Needs to Be: Cotai

    MGM Resorts (NYSE: MGM) just opened arguably its most important resort since completing CityCenter in 2009. MGM Cotai will greatly expand the company's presence in Macau with 1,400 hotel rooms, a 2,000-seat theater, and over 300 pieces of contemporary art. Most importantly, MGM Cotai gives MGM Resorts a presence in the lucrative Cotai region of Macau, where the most profitable resorts in Macau are located.

  • Washington, D.C., Has Given the Boring Company a Permit for a Possible Hyperloop Station
    Finance
    Fortune

    Washington, D.C., Has Given the Boring Company a Permit for a Possible Hyperloop Station

    Washington, D.C., has issued a permit allowing Elon Musk's Boring Company to do preparatory and excavation work in what is now a parking lot north of the National Mall. The permit, reported Friday by the Washington Post, was issued way back on November 29th of 2017. The permit is part of an exploratory push by the city's Department of Transportation, which according to a spokesperson is examining the feasibility of digging a Hyperloop network under the city.

  • Jeff Sessions talks immigration reform and the Mueller probe
    Politics
    Fox Business Videos

    Jeff Sessions talks immigration reform and the Mueller probe

    Sessions speaks out about the need to eliminate 'lawlessness' in the immigration system and discusses the Russia investigation on 'Sunday Morning Futures.'

  • Business
    Benzinga

    Barron's Picks And Pans: GE, Under Armour, Lam Research And More

    This weekend's Barron's cover story offers a look at the prospects for a troubled industrial giant. Other featured articles offer four stock picks for an aging bull market and the prospects for real estate investment trusts as interest rates rise. "General Electric's Dim Prospects" by Andrew Bary examines why the slide in the shares of troubled industrial giant General Electric Company (NYSE: GE) has attracted bargain hunters.

  • Gilead wins reversal of $2.54 billion hepatitis C drug patent verdict
    Business
    Reuters

    Gilead wins reversal of $2.54 billion hepatitis C drug patent verdict

    A federal judge in Delaware has overturned a jury's verdict requiring Gilead Sciences Inc to pay a record $2.54 billion because its hepatitis C drugs Sovaldi and Harvoni infringed a patent held by rival Merck & Co Inc. The verdict had been the largest ever in a U.S. patent case but U.S. District Judge Leonard Stark in Wilmington, Delaware, on Friday ruled Merck's patent was invalid. Gilead in a statement on Saturday said it always believed the patent was invalid and was pleased the judge confirmed that opinion. The December 2016 verdict followed a trial in which jurors found that Merck's patent on hepatitis C treatments, which it acquired in 2014 when it bought Idenix Pharmaceuticals, was valid.

  • Mueller Deflates President Trump's Claim That Russia Meddling Was Hoax
    Politics
    Fortune

    Mueller Deflates President Trump's Claim That Russia Meddling Was Hoax

    Donald Trump has insisted for more than a year that Russians didn’t try to get him elected. Special Counsel Robert Mueller put an end to those claims on Friday, declaring definitively that they did. A federal grand jury indicted 13 Russian nationals and a so-called “troll farm” in St. Petersburg on Friday for a broad campaign to sway the 2016 election in Trump’s favor.

  • What to Do With Your 401(k) When the Market Crashes
    Business
    Motley Fool

    What to Do With Your 401(k) When the Market Crashes

    Market crashes are scary. After a long bull market in which the S&P repeatedly hit new record highs, it's hard to see the retirement savings that you've worked for years to save in a 401(k) take a severe hit when the good times come to an end. The key to handling volatility is to be smart about risk management, anticipating worst-case scenarios and adjusting your strategy to allow for them.

  • Delta Air Lines Wants the Boeing "797" ASAP: Here's Why
    Business
    Motley Fool

    Delta Air Lines Wants the Boeing "797" ASAP: Here's Why

    Last year, Boeing (NYSE: BA) strained its relationship with U.S. airline giant Delta Air Lines (NYSE: DAL) by attempting to have big tariffs imposed on Delta's purchase of CSeries jets from Bombardier. Many pundits saw Boeing's trade complaint as a risky move that could alienate a key customer -- especially after Delta ordered the Airbus (NASDAQOTH: EADSY) A321neo last December instead of Boeing's 737 MAX 10. Delta isn't going to make bad business decisions just to punish Boeing.

  • NVIDIA’s Earnings Report Reveals a Worrying Problem
    Business
    Motley Fool

    NVIDIA’s Earnings Report Reveals a Worrying Problem

    The NVIDIA (NASDAQ: NVDA) juggernaut continues to outperform as the graphics card specialist topped Wall Street expectations once again with a terrific showing in the fourth quarter of fiscal 2018. The company reported a steep rise in its revenue and earnings, thanks mainly to a massive year-over-year jump in its data center and gaming businesses. What's more, NVIDIA expects stronger growth in the current quarter, forecasting a 50% year-over-year increase in revenue, while net income could jump close to 82%.

  • The 2018 Flu Season Might Finally Be Leveling Off
    Health
    Time

    The 2018 Flu Season Might Finally Be Leveling Off

    Health officials on Friday said about 1 of every 13 visits to the doctor last week was for fever, cough and other symptoms of the flu. The Centers for Disease Control and Prevention report said the number of states reporting heavy flu patient traffic also held steady at 43. “I thought I was going to die, I really did,” said Ben Bland, a 39-year-old event planner in Kansas City, Missouri, who was hospitalized this week with pneumonia on top of flu.

  • 3 Hated Dividend Stocks to Buy Now
    Business
    Motley Fool

    3 Hated Dividend Stocks to Buy Now

    Investors seem to despise pipeline giants Kinder Morgan (NYSE: KMI), Enbridge (NYSE: ENB), and Plains All American Pipeline (NYSE: PAA) these days given that all three are down more than 20% over the past year. Enbridge's stock has lost about 20% of its value over the past year.