Sources: Lakers fined $500,000 for violating league's anti-tampering rules regarding Paul George.
Sources: Lakers fined $500,000 for violating league's anti-tampering rules regarding Paul George.
Medicare provides essential support for millions of older Americans in protecting their health. Recently, concerns about the potential for fraud and identity theft led the Centers for Medicare & Medicaid Services (CMS) to come up with a design for new Medicare cards. To provide complete and accurate information, you'll find answers below to some key questions about the new Medicare cards and how they'll affect you.
Few investors can match the track record of investing performance that Warren Buffett has achieved, and longtime shareholders of Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) know firsthand how successful long-term investing can result in life-changing wealth. Buffett would be the first to tell you that Berkshire has seen extraordinary returns over time. As Buffett describes it, "Stocks surge and swoon, seemingly untethered to any year-to-year buildup in their underlying value." The result is short-term price randomness for stocks, and investors can have no confidence that the price of a stock in the market will bear any connection to its intrinsic value at any given time.
Landing a job interview is a crucial step on the road to getting hired. But if you're not careful during that initial meeting, you could ruin your chances of scoring the role you've been vying for. Now, there are plenty of mistakes you might make that
Fox News senior judicial analyst Judge Andrew Napolitano on the consequences of the firing of former FBI deputy director Andrew McCabe.
A few weeks ago, one of the members of the Russian government turned to President Putin and asked, “Vladimir Vladimirovich, well, what will happen to me after March 18?” He asked his question in the presence of other ministers, and the upcoming elections were certainly on all their minds. According to my sources, Putin smiled his usual sly smile and replied, “Well, why, even I do not know what will happen to me after March 18.” Everyone there understood that the minister had made a terrible mistake. You cannot publicly demonstrate weakness, and you cannot ask Putin about your future.
Shares of Geron Corporation (NASDAQ: GERN), a clinical-stage biotech developing a cancer therapy, popped this morning after the company included a pipeline update with its fourth-quarter earnings report after Friday's bell. The improved outlook for imetelstat has pushed the stock 28.8% higher as of 11:29 a.m. EDT on Monday. After losing $27.9 million last year, Geron Corporation finished December with $109.2 million in cash and marketable securities.
Bitcoin (BTC-USD) and most other cryptocurrencies had an extremely volatile weekend. Here's a rundown of today's cryptocurrency prices, the news item that caused this weekend's drop, and the comments that triggered the rapid rebound. As I mentioned, most cryptocurrencies are in positive territory on Monday, with all of the top 10 higher.
Through its John Deere brand, Deere & Company is a leading manufacturer of agricultural, construction, and forestry machinery. Deere & Company shares have surged about 45% over the past year, significantly outpacing its industry peers. Region wise, equipment net sales increased 24% in the United States and Canada, and 33% in the rest of the world.
Shares of a software company that bought assets of Hewlett Packard Enterprise (HPE) toppled more than 50 percent on Monday after the company cut its revenue forecast and its chief executive resigned. U.K.-based Micro Focus International said it now expects revenue to fall anywhere between 6 and 9 percent for the twelve months ending October 31, 2018, significantly lower than the 2 to 4 percent decline it predicted in its interim January results. This was due largely to "one-off transitional effects" of the firm's $8.8 billion takeover of HPE's software assets last year, and issues associated with the implementation of a new IT system, Micro Focus said. HPE was formed in late 2015 as a result of the split of HP into two companies.
Tesla Inc. may be falling short of its production goals for the Model 3, but investors may not necessarily care, analysts at Consumer Edge said in a note Friday. Tesla TSLA, -1.31% likely will be making 2,000 Model 3 sedans a week by the end of this month, below its target of churning out 2,500 of the key mass-market vehicles, said the analysts, led by James Albertine. Consumer Edge recently hosted meetings with Tesla executives, and the potential Model 3 production miss was one of its “key takeaways” after the discussions, the analysts said. Related: Ford finally gets ‘buy’ rating from Morgan Stanley, after 4 years of bearishness Consumer Edge kept its buy rating on Tesla unchanged, with a
The device is one type of what IBM calls “crypto-anchors”--”digital fingerprints” that can be embedded in everyday items in order to verify their provenance and contents. This makes the technology very useful in supply chain management, where counterfeiting and provenance are serious concerns. IBM’s new computer, which it will detail at its Think 2018 conference on Monday, contains up to 1 million transistors, along with a small amount of static random access memory, a light-emitting diode (LED) and photo-detector that allow it to communicate, and an integrated photovoltaic cell for power.
During 2017, Airbus (NASDAQOTH: EADSY) outpaced perennial rival Boeing (NYSE: BA) in the annual race to sell the most new aircraft. Airbus captured 1,109 net firm orders last year, compared to 912 for its American rival. By contrast, Boeing had a more balanced order mix, with 745 net orders for the 737 family and 167 net orders spread across its four widebody aircraft families.
Since December 2016, the S&P 500 has climbed more than 21%, while the Dow Jones Industrial is up more than 25%. General Electric Company (NYSE:GE) stock is down nearly 55% during that time. Things just look very bleak for GE stock right now.
Advanced Micro Devices, Inc. (NASDAQ:AMD) has been hit by another security scare, this time a report from CTS Labs. The Israeli company detailed 12 “critical flaws” in its Ryzen chips, and gave AMD only 24 hours notice before publication. It couldn’t have helped but affect AMD stock.
In his 2017 letter to Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) shareholders, Warren Buffett made comments about stocks, bonds, and the risk associated with investing in each. His conclusion? For long-term investors, stocks are the only way to go.
As the legal medical marijuana industry in Canada has taken off, a small group of stocks of marijuana growers has vaulted to multibillion-dollar market caps. Other Canadian marijuana stocks, however, haven't become that highly valued. Canopy Growth Corporation (NASDAQOTH: TWMJF) is an example of the former group, while Organigram Holdings (NASDAQOTH: OGRMF) belongs to the latter category.
Sean Williams (Opus Bank): Though a bigger bank might be tempting for investors, the bank stock I'd suggest investors consider right now is the considerably smaller Opus Bank. Opus's focus (say that five times fast) is on supplying banking products and services to small- and medium-sized businesses, meaning it's carving out its own niche that it believes larger money center banks won't be able to match.
Another government shutdown is looming, as lawmakers prepare for yet another budget battle. Capitol Hill and the White House will try to pass a massive $1.3T spending bill. Meanwhile, President Trump is trashing Robert Mueller’s team. Yahoo Finance’s Alexis Christoforous and Rick Newman examine the stories.
Conglomerates combine many businesses that don't necessary fit together well, and while there's sometimes value in bringing together companies from multiple industries under a single corporate roof, the market lately has looked with disfavor at conglomerates that they see as being less than optimally organized. Honeywell (NYSE: HON) has a history of traditional stock splits, but now, the company is looking at breaking itself up to see if it can unlock more value for shareholders. Honeywell's history of stock splits has reflected its rising stock price over time.
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are under pressure early Monday as investors shrugged off Friday’s bullish reaction to a “60 Minutes” segment on Saudi Arabia while shifting their focus to rising drilling activity in the United States, which pointed to further increases in output. At 0707 GMT, May WTI crude oil is trading $62.17, down $0.24 or -0.38% and June Brent crude oil is at $65.75, down $0.30 or -0.45%.
It used to be conventional thinking that you retire at age 65. This is the age at which you can begin Medicare. You can also take Social Security then, although the age at which full retirement benefits begin is 66 for those born between 1943 and 1954, rising gradually to 67 for those born after 1959. And you can start receiving permanently reduced benefits at 62. There's also another age to be aware of: 70½. This age triggers the rule that you must begin to take required minimum distributions (RMDs) from both any qualified retirement plans from work [401(k)s, for example] that you own and from any traditional IRAs. (Roth IRAs do not have required minimum distributions in the account holder's
President Donald Trump on Sunday questioned the impartiality of special counsel Robert Mueller’s investigation and raised doubts about whether a fired top FBI official kept personal memos outlining his interactions with Trump. The president’s Twitter barbs follow closely on the call by Trump’s personal lawyer for the Trump-appointed No. 2 Justice Department official overseeing Mueller’s inquiry to “bring an end” to that investigation.
Now that the two leading diversified 3D printing companies, 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS), have reported fourth-quarter and full-year 2017 earnings (3D Systems here and Stratasys here), we can directly compare their 2017 results.
Sergii Kharchenko | NurPhoto | Getty Images Apple will suffer as consumers are increasingly less willing to buy expensive smartphones, according to one Wall Street firm. Nomura Instinet reaffirmed its neutral rating on Apple shares, predicting the company will report iPhone unit sales below expectations this year. "Our demand checks suggest little improvement in iPhone demand in 2018. Corresponding supply chain downticks suggest iPhone expectations have yet to bottom," analyst Jeffrey Kvaal wrote in a note to clients Monday. There are "further signs of trouble at the high end of the market. … One factor that is likely suppressing the smartphone market is price. We see several indications the
NVIDIA (NASDAQ: NVDA) stock has returned a whopping 145% over the one-year period through Friday, sprinting by the S&P 500's 17.7% return. Moreover, shares of the graphics processing unit (GPU) specialist have skyrocketed 1,030% over the three-year period