Month: October 2019

New Apple Watches Source: Apple Apple turned in stronger than expected fourth-quarter results but a second consecutive quarter of strong growth for wearables impressed analysts, who are looking for the tech giant to innovate beyond the iPhone. “Wearables continue to lead growth. Many investors attributed 50% wearables growth in the June quarter to shorter lead
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Economic Security Planning, Inc. Today’s column addresses the rate of spousal benefits after early retirement benefits, drawing on multiple exes’ records, changing the start date of benefits after filing, eligibility for survivor benefits in a domestic partnership and when delayed retirement credits are applied to benefit payments. Larry Kotlikoff is a Professor of Economics at
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Apple reported fourth-quarter earnings that beat analyst expectations on Wednesday, thanks to strong performance in services and its fast-growing wearables business. Although Apple’s iPhone’s business was down 9% year-over-year, the company signaled that it expected a big holiday quarter, and Apple stock rose over 1% in after-hours trading Here’s how the company did compared with
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Rachel Robasciotti, CEO of Robasciotti & Philipson in San Francisco, attended the conference where Ken Fisher made his comments on Oct. 8. She spoke out against the remarks. Nathan Phillips Billionaire investor Ken Fisher has made headlines for lewd comments at an investment conference earlier this month. For many women in the financial services industry,
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Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks will report earnings after the bell Wednesday. The coffee chain’s stock, valued at $100 billion, is up 29% so far this year. Here’s what analysts surveyed by Refinitiv are expecting: Earnings per share: 70 cents expected Revenue: $6.68 billion expected Global same-store sales: 3.95% Investors will be
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General Electric‘s stock rose on Wednesday as the industrial conglomerate raised its 2019 forecast after reporting third-quarter earnings and revenue that topped analysts’ expectations. GE shares rose 7.1% in premarket trading from its previous close of $9.07 a share. Here’s what the company reported versus what Wall Street expected: EPS: adjusted 15 cents a share,
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Federal Reserve Chairman Jerome Powell said Wednesday that the central bank would need to see a sustained and significant uptick in price pressures before considering future rate hikes. “We just touched 2% core inflation to pick one measure. Just touched it for a few months and then we’ve fallen back,” Powell said from Washington. “So
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