GE's businesses are worth at least 25% more in a breakup than previously estimated, analyst says

The potential breakup of General Electric may unlock more value than previously thought, Melius Research analysts wrote in a note Friday. Past looks at the value of GE's individual businesses — also known as a "sum-of-the-parts" analysis — cast doubt on whether a fire sale of GE's assets would even fetch today's price at $13.28 per share. But Melius found that spinoffs from U.S. industrial companies return twice the value of the broader stock market, revealing a more optimistic forecast for GE. "GE's [sum-of-the-parts] as an example … likely undervalues the assets by 25 percent or more," Melius wrote. Former industrial conglomerates are shedding assets due to pressure from both shareholders and

A simple equation will show you if you're on track to save enough for retirement

When it comes to saving for the future, Americans aren't doing great. Those between the ages of 55 and 64 who have retirement savings have a median of $120,000 socked away, Bankrate reports in a new survey, citing data from the Federal Reserve. That's only 12 percent of the $1 million many experts recommend, and it's worth noting that even $1 million doesn't stretch as far as it used to. So how much should Americans be earmarking for retirement in order to be sufficiently funded in their golden years? Financial services company Fidelity recommends putting away 15 percent of your income per year starting at age 25 and investing more than 50 percent of your savings over your lifetime. "The good

• 
  How Much Should You Save for Retirement?

  Motley Fool
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  This Is the Easiest Way for Regular People to Save $1 Million for Retirement

  The Cheat Sheet

'I Expect to Remain CEO for the Foreseeable Future' Says Elon Musk After a Colossal Compensation Deal

Here’s what Tesla Inc. shareholders just bought for $2.6 billion: a stronger guarantee that Elon Musk will stick around for at least the next decade. Investors on Wednesday approved what may be the largest compensation deal in history for its chief executive officer, pegged on ambitions to turn Tesla into one of the world’s largest companies as it ventures beyond solar panels and electric cars. If successful, the award could end up being worth more than $50 billion — a sum so large it might just ensure that Musk’s array of other passions and esoteric side projects won’t steal too much time from his work at Tesla.

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  Elon Musk could earn a staggering $55bn at Tesla under his new pay plan

  Yahoo Finance UK
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  Elon Musk tweets support for #deletefacebook and shuts down Tesla and SpaceX pages

  Los Angeles Times

Video: Billionaire Ken Fisher on the Dow's 724 Point Plunge

Billionaire markets guru Ken Fisher, Chairman of Fisher Investments, reacts to Thursday's 724 point plunge in the Dow Jones Industrial average The stock selloff was sparked by worried over a trade war with China.  President Trump announced some $60 billion worth of fresh tariffs on China Thursday. This comes on top of the steel and aluminum tariffs announced earlier this month.  "The day was like a perfect storm, sometimes you get a tornado, sometimes you get a snow storm, sometimes you get both. Sometimes, you get both and an earthquake all at the same time" said Ken Fischer. "And today, you got that, where the magnitude of the damage was confused with the size of what would have tariff's imposed

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  World's Richest Lose $436 Billion as 2018's Stock Rout Deepens

  Bloomberg
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  3 Hot Reads From TheStreet's Top Premium Columnists

  TheStreet.com

Cox exec takes shots at "bullet-proof" AT&T merger defense

A Department of Justice witness from cable provider Cox Communications Inc. took shots on Thursday at AT&T Inc.'s (T) merger with Time Warner Inc. (TWX) and a "bullet-proof" arbitration clause the merger partners have proposed. Cox Vice President of Content Acquisition Suzanne Fenwick was the first of several Time Warner customers and DirecTV competitors to testify in U.S. District Court in Washington about the bargaining leverage the AT&T would gain by owning a premier film and TV producer alongside the largest U.S. pay-TV company. AT&T's DirecTV and DirecTV Now are "our toughest competition" Fenwick said, pointing out DirecTV's media platforms, aggressive marketing and its market share. Meanwhile,

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  First Witness in AT&T-Time Warner Trial Challenged on Claims of Merger’s Harms

  Variety
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  On Eve Of AT&T-DOJ Trial, Media Business Weighs The Stakes

  Deadline

2 Chip Stocks On The Verge Of Steep Declines

(Note: The author of this fundamental analysis is a financial writer and portfolio manager.) The chip sector has been among the hottest groups in the stock market so far in 2018, with the iShares PHLX Semiconductor ETF (SOXX), a proxy for the industry, up by nearly 10 percent on the year. But the group has fallen on hard times recently, with the ETF down about 5 percent since March 12. But stocks such as Intel Corp. (INTC) and Applied Materials Inc. (AMAT) could be set to decline by a total of 11 percent or more from their intraday highs last week.  Both stocks have had big runs along with the sector, with Applied Materials rising by nearly 17 percent, and Intel increasing by almost 11 percent

• 
  Which Gold Stocks Have the Best Dividend?

  Motley Fool
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  The 3 Safest Dividend Stocks for International Exposure

  InvestorPlace

Massive U.S. spending bill delivers win to Americans who rely on tips

The House just passed a $1.3 trillion spending bill that protects employee tips. The U.S. House of Representatives and Senate passed a $1.3 trillion spending bill on Thursday, which includes a provision that prevents employers from taking any of their workers’ tips. It all began in December, when the U.S. Department of Labor submitted a rule that would rescind a regulation enacted during the Obama administration that required employers to distribute tips to their tipped employees.

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  Highlights of massive spending bill nearing congressional OK

  Associated Press
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  US Senate passes huge spending bill to avert govt shutdown

  AFP

The $2.8 billion startup that teaches programmers how to be more like Google just filed for an IPO

Dell, the largest shareholder in Pivotal, is set to retain a controlling stake after the initial public offering. Pivotal began life as a small software consultancy that worked with companies like Google and Twitter in their earliest days. Pivotal, the $2.8 billion software company that began as a spinoff of EMC and VMware, on Friday filed to go public, adding to a growing list of tech companies seeking to make a Wall Street debut this year.

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  Dell's Pivotal Software files for IPO

  CNBC Videos
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  Pivotal Software, majority-owned by Dell, files for IPO with over $500 million in revenue last year

  CNBC

Cramer Remix: Why you should buy high-growth stocks durin...

Jim Cramer reveals which stocks you should be eyeing on a down day.

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  Dropbox finishes up 36% on first day of trading

  TechCrunch
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  Cramer: Tommy Hilfiger parent PVH is a buy ahead of earnings

  CNBC

Betting Bullish on a Bank of America Corp. Stock Bounce

Bank of America Corp (NYSE:BAC) is at the mercy of the markets right now. BAC stock is down roughly 8% from its March 12 highs, largely due to political uncertainty. Bank of America is scheduled to release its report ahead of the open on April 16.

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  Bank of America 'systematically' misled clients about stock trades

  CNN Money
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  Bank of America pays $42 million fine in New York 'masking' probe

  Reuters

Wynn Cuts Casino-Company Stake After Settlement With Ex-Wife

Steve Wynn cut his stake in the $18 billion casino company he founded after settling an acrimonious, six-year court fight with his ex-wife, a move that may move the company closer to becoming an acquisition target. Wynn, 76, sold 4.1 million shares in Wynn Resorts Ltd. at $180 a share, according to a regulatory filing Thursday. The sale brings his stake down to 7.8 percent from 12 percent, lower than his ex-wife’s holding in the company.

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  Tencent shares slide after revenue miss and margin warning

  Reuters
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  China's Tencent loses $51 billion in market value in two days

  Reuters

Netflix has a new font and the company claims it’s going to save it millions

Streaming giant Netflix has created its own typeface, just like other tech companies have done. Netflix Sans is the name of the bespoke font, while Apple's is called San Francisco, introduced at its developer conference in 2015. Samsung announced SamsungOne in July 2016. Why? Because it will save Netflix marketing dollars, as using fonts often attracts large licensing fees, according to its brand design lead Noah Nathan. "With the global nature of Netflix's business, font licensing can get quite expensive," he told design website It's Nice That on Wednesday. "Developing this typeface not only created an 'ownable' and unique element for the brand's aesthetic … But saves the company millions of

Big-name tax software might lead to phishing risks

A new report by security research firm Global Cyber Alliance finds that some of the most popular tax software providers may leave consumers at risk for identity theft.

Asian shares slump on fears of trade war between US, China

Asian stock markets slumped Friday after Beijing responded to the Trump administration's tariff hikes by saying it may order higher import duties on a range of U.S. goods, ratcheting up fears of a trade war. Stocks plunged Thursday on Wall Street after U.S. President Donald Trump imposed sanctions on goods and investment from China. The Dow Jones industrial average dropped more than 700 points as investors feared that trade tensions between the world's largest economies would escalate.

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  Trade war fears roil equity markets while yen, bonds gain

  Reuters
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  These 3 Companies Could Be Huge Trade War Casualties

  Motley Fool

Cramer's lightning round: Marijuana stock GW Pharmaceuticals is too hot to buy

GW Pharmaceuticals: "This is cannabinoid. Cannabis is very hot as a concept to invest in. I think the stock's had too big a run. I'm not recommending it anymore. It got up, we liked it a lot lower, that's all I have to say." American Electric Power Co.: "Look, it yields under 4 [percent] now. I would buy more if it went above 4, which, of course, does mean therefore that the stock is going lower. That's where I would buy it." Applied Materials, Inc.: "We spoke to [CEO] Gary Dickerson last week. We spoke to [Lam Research CEO] Martin Anstice the week before. Business is great. Micron reported a good number, not good enough for some. But I've got to tell you, Applied Materials is in the bullpen.

As more ultra-long-haul flights lift off, prices for other routes sink

Ultra-long flights like the 17-hour non-stop service Australia's Qantas is launching from Perth to London on Saturday are doing more than stretching aircraft ranges - they are lowering ticket prices for more conventional routes, data shows. The latest round of global direct flights cost about 20 percent more than those with one or more stops, making them most popular with business travellers, agents say. After United Airlines started non-stop Singapore-Los Angeles flights last October, average ticket prices on one-stop rivals fell by 15 percent relative to 2016, according to Expedia Inc data provided to Reuters.

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  Qantas Passes Aviation Milestone With Direct Perth-London Flight

  Bloomberg
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  Qantas Takes Off for Direct Perth to London Flight

  Bloomberg Video

Keep an Eye on These Assets in China Tariff Saga

U.S. equity markets sank and investors sought out havens in Treasuries and gold futures after reports that President Donald Trump is expected to announce $50 billion of tariffs against China, honing in on more than 100 types of Chinese goods. Here’s how the angst over a trade war is playing out in markets. Boeing Co., Caterpillar Inc. and 3M Co. sank at least 2.7 percent as of 11:38 a.m. in New York, the biggest drops in a Dow Jones Industrial Average that is off 450 points.

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  Trump slaps China with tariffs on up to $60 billion in imports: 'This is the first of many'

  CNBC
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  U.S. Unveils $50B In Tariffs Against China

  Bloomberg Video

Here's How China Could Really Hurt Trump in a Trade War

Donald Trump is on the warpath against China over trade: On Thursday afternoon, he announced plans to impose a range of tariffs against hundreds of lines of Chinese-made goods. The surplus flows right back into U.S. Treasuries, to fund our gigantic and ballooning federal deficits, in addition to providing tons of growth capital to stateside industries—all at bargain rates. Hence, the U.S. is extraordinarily dependent on cheap loans from China.

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  Trump Seeks New China Tariffs as Trade War Worries Mount

  Yahoo View
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  Dollar Down After Fed Decision and Likely China Tariffs

  Investing.com

Micron (MU) Posts Earnings Beat, 'Secular Trends' Driving Growth

Micron Technology, Inc. (MU) just released its latest quarterly financial results, posting non-GAAP earnings of $2.82 per share and revenues of $7.35 billion. The stock is currently down 2.0% to $57.72 per share in after-hours trading shortly after its earnings report was released. The company posted adjusted earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.76.

• 
  Why Guess?, Inc. Stock Popped Today

  Motley Fool
• 
  Why Nike’s Earnings Are Better Than They Look

  247wallst.com

Has General Electric (GE) Reached Value Stock Territory?

Shares of General Electric GE slumped more than 1.5% in morning trading Thursday, adding to the conglomerate’s recent losses amid a tariff scare that has seen investors ditch major U.S. industrials and importers. Today, you can download 7 Best Stocks for the Next 30 Days.

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  Stocks extend losses at the open

  CNBC Videos
• LIVE MARKETS-A question of trust

  Reuters