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Two-Man Game: Who will come out of the East?

Yahoo NBA insiders Chris Mannix and Shams Charania discuss the crazy Eastern Conference and which team will end up on top when the playoff dust settles.

  • Finance
    Barrons.com

    Can Philip Morris See Light at the End of the Tunnel?

    Philip Morris International (PM) has tumbled more than 20% year to date, but now is not the time for bargain hunters to wade into the shares, argues Cowen & Co. Analyst Vivien Azer downgraded the shares to Market Perform from Outperform, and lowered her target to $85 from $99, writing that even with the reduced guidance, a lack of visibility about the potential for increasing declines in markets like Japan and South Korea–major drivers of the company's sales–gives her "pause." Azer writes that she has long been upbeat about Philip Morris's iQos electronic tobacco products, and even with the decreased outlook, she still thinks that the technology is promising for the company's future. "The challenge for us is that even by going below management's guidance we have little way of knowing whether Japan will deteriorate even more...or whether South Korea will decelerate further," she writes.

  • Business
    Investopedia

    How to Replace Your Paycheck When You Retire

    While it doesn’t seem like it, saving for retirement is easy. You set aside a certain amount each month, or each paycheck, and invest it in your IRA or 401(k). That is, of course, an oversimplification. But once you retire and need to figure out how

  • Toyota May Halt U.S. Imports of Some Models on Trump's Tariffs
    Finance
    Bloomberg

    Toyota May Halt U.S. Imports of Some Models on Trump's Tariffs

    Toyota Motor Corp. may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. The Japanese carmaker is busy analyzing scenarios about how tariff schemes could affect each of its car and truck lines, said Jim Lentz, chief executive officer for Toyota’s North American operations. Trump’s Commerce Department held a hearing Thursday on its probe into whether imports of passenger vehicles compromise U.S. national security.

  • Here’s How IBM Performed in the Most Recent Quarter
    Business
    Market Realist

    Here’s How IBM Performed in the Most Recent Quarter

    IBM (IBM) announced its second-quarter earnings on July 18. The stock surged 3.0% in after-hours trading on the day after beating both earnings and revenue estimates. IBM’s revenue rose 3.7% YoY (year-over-year) in the second quarter, reaching $20 billion.

  • Key Points in Intel’s Upcoming Q2 2018 Earnings Call
    Business
    Market Realist

    Key Points in Intel’s Upcoming Q2 2018 Earnings Call

    What Should Investors Expect from Intel’s Q2 2018 Earnings? Intel (INTC) has been at the center of industry discussion in the second quarter. Its second-quarter earnings call might answer some questions around the latest updates.

  • Better Buy: Facebook vs. Alphabet's Google
    Business
    Motley Fool

    Better Buy: Facebook vs. Alphabet's Google

    Facebook (NASDAQ: FB) and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google hold a near duopoly in internet advertising in the U.S. and other major markets. The two companies could capture 56.8% of all U.S. digital ad investments this year, according to

  • Africa’s richest man thinks Donald Trump is onto something with higher tariffs
    Business
    Quartz

    Africa’s richest man thinks Donald Trump is onto something with higher tariffs

    Aliko Dangote may not agree with president Donald Trump that higher tariffs would be good for the United States, but the Nigerian businessman thinks they could work for his own country. “If you look at what president Trump is doing right now—not that I agree with what he is doing because they are in a totally different economy to what we are—but if you look at where we are today, where there’s no protection, then you are not going to have any industries,” Dangote said to rousing applause. Dangote was on a panel with South Africa’s former finance minister Trevor Manuel and Irish tech billionaire John Collison.

  • Business
    CNBC

    As Albertsons heads to pivotal vote in Rite Aid merger, touts strong earnings

    The companies think their combined size will make them more competitive against mega-giants Walmart and Amazon. As Albertsons Cos. and Rite Aid RAD head to an August vote over their planned merger, the message to investors is simple: size still matters. The deal, announced in February, would create a new retail giant valued at roughly $24 billion that would combine Albertsons' grocery operations with Rite Aid's pharmacy business.

  • Celebrated Wall Street stock picker Mark Mahaney offers his best tech investing advice: When a company name becomes a verb, it's time to buy (GOOG, GOOGL, TWTR)
    Business
    Business Insider

    Celebrated Wall Street stock picker Mark Mahaney offers his best tech investing advice: When a company name becomes a verb, it's time to buy (GOOG, GOOGL, TWTR)

    One of the most accurate stock pickers on Wall Street recently shared his list of tips on how to spot winners and losers. Wall Street analyst Mark Mahaney, managing director at RBC Capital Markets, is widely known as one of the most accurate stock pickers on the Street.

  • Trump’s interpreter could be grilled by Congress’s Gang of Eight about his chat with Putin
    Politics
    Quartz

    Trump’s interpreter could be grilled by Congress’s Gang of Eight about his chat with Putin

    Several members of the Gang of Eight, a group of US Congress members who are sworn to secrecy on intelligence matters, want to know more about what Donald Trump discussed with Vladimir Putin. Marina Gross, a veteran State Department interpreter, was the only other American in the room when Trump and Putin met for the two-hour private meeting in Helsinki on July 16. What exactly was discussed and agreed has become a critical issue, because the Russian government and the Trump administration appear to have different recollections of the meeting: Russia’s ambassador to the US said the two leaders made “important verbal agreements” on Syria and arms control, while the State Department and White House initially said no concrete deals were made.

  • How Analysts View Exelixis ahead of Its Q2 2018 Results
    Business
    Market Realist

    How Analysts View Exelixis ahead of Its Q2 2018 Results

    What Can Investors Expect from Exelixis’ Q2 2018 Results? (Continued from Prior Part) Recent developments In June, Exelixis (EXEL) announced that it would be added to the S&P MidCap 400 Index before the market opened on July 2. The S&P Dow Jones MidCap

  • Amazon Isn't Coming After Cisco, After All
    Business
    Motley Fool

    Amazon Isn't Coming After Cisco, After All

    Cisco Systems (NASDAQ: CSCO) had a bit of a scare last week when a report suggested that habitual disrupter Amazon.com (NASDAQ: AMZN) was contemplating entering the lucrative market for networking switches that Cisco has long dominated. Cisco shares fell 4% on the news. With Amazon Web Services (AWS) being the largest cloud infrastructure provider in the world, it made quite a bit of sense that the e-commerce titan would consider such a move, seeing as how its cloud operations continue to grow along with its own internal needs for networking switches.

  • 5 Incredible Dividend Growth Stocks on Sale
    Business
    Zacks

    5 Incredible Dividend Growth Stocks on Sale

    As bouts of volatility and uncertainty are playing foul in the stock market, investors are looking for both growth and income in their portfolios. Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term.

  • 4 Top Stocks in Semiconductors
    Business
    Motley Fool

    4 Top Stocks in Semiconductors

    Semiconductors form the bedrock of the tech sector. Without new chips, data centers couldn't run, cloud services would fail, and the development of consumer electronics would stall out. Cypress Semiconductor (NASDAQ: CY) is the market leader in wireless Internet of Things (IoT) chips, NOR and SRAM memory chips, USB-C controllers, and auto instrument cluster microcontrollers.

  • Tilray’s IPO is creating a buzz, but don’t overspend on marijuana stocks
    Business
    MarketWatch

    Tilray’s IPO is creating a buzz, but don’t overspend on marijuana stocks

    Money is to be made in marijuana stocks in the long run. There may be sympathy plays in other cannabis stocks for a short-term trade. • Canopy Growth stock ran up on excitement about the legalization of marijuana in Canada, and many gurus are urging investors to buy this stock as a once-in-a-lifetime opportunity.

  • MGM Resorts Suffers Backlash After Suing Shooting Victims
    Finance
    Bloomberg

    MGM Resorts Suffers Backlash After Suing Shooting Victims

    It took just minutes for the hashtag #BoycottMGMResorts to appear on Twitter, and for people to declare they would no longer patronize the largest casino owner on the Las Vegas Strip. “Was going to stay in November already changed my reservations,” a man named Brandon Tur wrote on Twitter. The reaction to MGM Resorts International’s lawsuits against victims of the worst mass shooting in U.S. history was harsh, and probably not surprising.

  • Multiple Papa John's Employees Describe Sexual Harassment, Nepotism
    Business
    HuffPost

    Multiple Papa John's Employees Describe Sexual Harassment, Nepotism

    Papa John’s founder John Schnatter resigned last week as chairman over his use of a racial slur, but that incident may have just scratched the surface of the company’s problems. According to an explosive Forbes report published on Thursday, the pizza giant also fosters a toxic workplace culture that includes sexual harassment, nepotism and spying on employees. Several female Papa John’s employees described enduring a pattern of sexist and other inappropriate remarks from male colleagues.

  • Will WDC Beat Revenue and Earnings Estimates in Fiscal Q4 2018?
    Business
    Market Realist

    Will WDC Beat Revenue and Earnings Estimates in Fiscal Q4 2018?

    Western Digital is expected to report its fiscal fourth-quarter results on July 26. Analysts expect it to post revenue of $5.07 billion, a rise of 4.6% YoY (year-over-year) compared to $4.84 billion in the fiscal fourth quarter of 2017.

  • Politics
    Bloomberg

    Putin Hedges Trump Bet by Dumping Treasuries to Safeguard Assets

    Russian officials are hoping Vladimir Putin’s rapport with Donald Trump will lead to rapprochement with the U.S. But they’re not taking any chances. A U.S. Treasury report this week appears to show Russia liquidating dollar assets at a record pace, selling four-fifths of its cache of U.S. government debt, $81 billion worth, over a two-month period. It started in April, when the U.S. imposed the most onerous sanctions yet on allies of Putin.

  • Why is Micron (MU) Down 2.5% Since its Last Earnings Report?
    Finance
    Zacks

    Why is Micron (MU) Down 2.5% Since its Last Earnings Report?

    A month has gone by since the last earnings report for Micron Technology, Inc. MU. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. The company registered year-over-year growth in both earnings and revenues and surpassed the Zacks Consensus Estimate as well.

  • Dark Clouds Hovering over P&G Stock ahead of Fiscal Q4 Results
    Business
    Market Realist

    Dark Clouds Hovering over P&G Stock ahead of Fiscal Q4 Results

    Dark Clouds Hovering over P&G Stock ahead of Fiscal Q4 Results UBS and Jefferies downgraded P&G Procter & Gamble (PG) is scheduled to announce its fiscal fourth-quarter results on July 31 for the period ended in June 2018. Clouds of trouble are engulfing

  • Walmart acquiring Shopify is no longer a laughable idea
    Finance
    TechCrunch

    Walmart acquiring Shopify is no longer a laughable idea

    As competition between Walmart and Amazon intensifies, the acquisition of Shopify's merchant marketplace may be the boost that the Walton family's juggernaut needs to move ahead. At 100,000 sellers a month over the next 5 years, there could be an estimated 11 Million sellers on Amazon’s marketplace by 2023. E-commerce intelligence firm Marketplace Pulse estimates Amazon's Gross Merchandise Volume or GMV for 2018 at $280B, set to triple over a 5-year period, concluding that the marketplace contribution to Amazon's GMV would surpass 70% by 2023.

  • Huge Slump in General Electric’s Q2 Earnings Drags Stock by 4.4%
    Business
    Market Realist

    Huge Slump in General Electric’s Q2 Earnings Drags Stock by 4.4%

    Huge Slump in General Electric’s Q2 Earnings, Stock Down 4.4% GE’s second-quarter earnings General Electric (GE) announced its second-quarter results today before the market opened. The company’s net earnings fell 32.7% to $1.62 billion in the quarter

  • Why Philip Morris’s Q2 2018 Earnings Failed to Impress
    Business
    Market Realist

    Why Philip Morris’s Q2 2018 Earnings Failed to Impress

    Philip Morris Lowers Its 2018 EPS Guidance on Weak Outlook Second-quarter performance Philip Morris International (PM) reported its second-quarter earnings before the market opened on July 19. The company posted adjusted EPS of $1.41 on revenues of $

  • AT&T Adds Three More U.S. Cities to 5G Plans as It Races Verizon
    Finance
    Bloomberg

    AT&T Adds Three More U.S. Cities to 5G Plans as It Races Verizon

    AT&T Inc. will roll out 5G service to three additional U.S. cities, a sign that the industrywide push to adopt the speedier standard is finally moving from marketing announcements to reality. Oklahoma City and two North Carolina cities -- Charlotte and Raleigh -- will be getting the mobile service later this year, AT&T said on Friday. Rival Verizon Communications Inc., meanwhile, has discussed adopting 5G service in four cities this year, including Los Angeles and Sacramento, California.