- CNBC•5 hours ago
Social Security calculators aim to take the complexity out of deciding when to claim
Because there are thousands of rules for claiming Social Security benefits, identifying the right claiming strategy for you can be a daunting undertaking. Social Security calculators on the market aim to help consumers and financial advisors streamline that decision by using key data to identify the best strategy to pursue. In school, you were taught that 1+1=2, and that that worked out no matter what kind of calculator you used.
- TheStreet.com•3 hours ago
Can Netflix Stock Really Gain 30% in the Next Year?
stock rose nearly 4% on Tuesday, after Imperial Capital Managing Director David Miller made a bold projection of potential 30% upside over the next 12 months for the company. Barring a big market pullback, I do think Netflix can hit that target. There are reasonable concerns over competition, and the long-term ability of the company to maintain its foothold.
- Zacks•7 hours ago
Can China Survive Trade War as Stocks Crawl Into Bear Market?
On Jun 25, shares of U.S.-listed Chinese companies plummeted on reports of the White House planning to curb Chinese investments in U.S. companies involved in certain technologies. On Jun 26, the benchmark Shanghai composite officially entered the bear market. Trade war fears have been taking its toll on China’s stocks as the Chinese government is striving hard to protect the economy.
- Barrons.com•4 hours ago
GE: Getting Its Groove Back?
Shares of General Electric (GE) shot to the top of the S&P 500 on Tuesday–but not the Dow Jones Industrial Average, since it's no longer in that index–on news that its health-care unit will become a standalone company and that GE will divest from Baker Hughes (BHGE). The stock is higher again on Wednesday, helped by an upgrade from Oppenheimer. Analyst Christopher Glynn boosted his rating on GE to Perform rating from Underperform, "based on potential for portfolio plan to unlock some value, and diminish liabilities." He's upbeat on the company's break-up plans for its divisions, and estimates that its health-care unit may fetch $50 billion in equity value, while its Baker Hughes stake is worth some $23.5 billion. The pending transaction for its transportation unit, expected early next year, could yield a value of more than $12 billion.
- CNBC•yesterday
This map shows where Americans have the highest, and lowest, credit scores
If they weren't so nice, Minnesota residents could boast about having America's highest average credit scores. The state's residents have an average credit score of 709, which falls into the "good" range of scores between 670 to 739, according to Experian . "Credit scoring systems don't consider geography when calculating a consumer's credit score so the difference is going to be solely based on the composition of their credit reports," he says.
InvestorPlace•3 hours agoTime to Jump Back on the Micron Bandwagon
All this trade-war talk has been a bit hard on Micron Technology (NASDAQ:MU). In fact, MU stock is down more than 18% from it’s May highs. About a week ago, UBS reiterated it’s “sell” rating and $42 price target on MU stock.
- InvestorPlace•2 hours ago
Below $50 Definitely Is Time to Buy the Dip in Intel Corporation Stock
It has been a rough couple weeks for Intel Corporation (NASDAQ:INTC). At the beginning of June, INTC stock hit a multi-year high of $57. In mid-June, Nomura Instinet pushed a note that cited Intel’s CEO as admitting in a meeting with the firm that Intel will lose server share to Advanced Micro Devices, Inc. (NASDAQ:AMD) in the back-half of 2018.
- TheStreet.com•34 minutes ago
Stocks Turn Lower, Nasdaq Falls as Tech Shares Tumble
turned lower on Wednesday after posting sharp gains earlier in the session after Donald Trump's crackdown on investments from Chinese companies in U.S. technology firms was less restrictive than feared. rose 0.1% and Alphabet Inc. will acquire Pinnacle Foods Inc.
- CNBC Videos•7 hours ago
Should you pay off your mortgage before you retire?
Winnie Sun, co-founder and managing director or Sun Group Wealth Partners lists the pros and cons of paying off a mortgage before retirement.
- CNBC•52 minutes ago
AT&T quietly raised most customers' fees by $1.23, which is worth $800 million a year
After a costly acquisition of Time Warner, AT&T may have found a new source of revenue: the telecommunications carrier quietly bumped customers' fees by about $1.23 each since April. The change is estimated to impact about 85 percent of AT&T's 64.5 million post-paid phone lines in service, making for about $800 million in additional annual revenue. The timing of AT&T's fee bump conveniently coincides with the closure of the deal, "which increased net debt by over $60 billion," Piecyk wrote.
- Bloomberg•21 hours ago
New Tax Form Is a Sign of Shift Toward TurboTax, Away From H&R Block
The IRS’s new 1040 tax form doesn’t exactly fit on a standard postcard as Republicans promised, but it’s smaller and simpler than before -- and it may push more filers to use software rather than in-person tax preparers. Tax software companies such as TurboTax’s parent Intuit Inc. could benefit from the draft form released Tuesday, while tax preparers including H&R Block Inc. may see fewer customers. The 1040 form for the spring 2019 filing season fits on two half-sheets of typing paper and has accompanying instructions and worksheets.
- Yahoo Finance•yesterday
What AmEx's Supreme Court ruling means for you — even if you don't have a card
The Supreme Court handed American Express (AXP) a major on Monday, deciding the credit card issuer didn’t violate antitrust laws by preventing retailers who support its cards from giving discounts for using cheaper alternatives. Credit card companies typically charge merchants fees for each transaction (“swipe fees”) that are 2% on average, according to the National Retail Federation. Amex’s fees, however, are often higher, at around 5%, which frequently deters businesses from accepting payments made with Amex cards.
- Bloomberg Video•23 hours ago
Morgan Stanley's Wilson Sees 'Rolling Bear Market' for Stocks, Bonds
Jun.26 -- Mike Wilson, Morgan Stanley chief U.S. equity strategist, discusses the outlook for financial markets with Bloomberg's Julie Hyman and Julia Chatterley on "Bloomberg Markets."
- MarketWatch•yesterday
The single most important retirement strategy
New study of retirement planning reaches a surprising conclusionWorking a little longer can add a lot to your standard of living in retirement. Which of the following has the greatest impact on your retirement standard of living?
- Zacks•7 hours ago
Options Traders Expect Huge Moves in Chesapeake Energy (CHK) Stock
Investors in Chesapeake Energy Corporation CHK need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
- Bloomberg•yesterday
Bank of America Sued for Allowing $102 Million Ponzi Scheme
Bank of America Corp. was accused in a lawsuit of providing more than 100 accounts used to perpetrate what the U.S. regulators called a $102 million Ponzi scheme. The brother and sister who sued to recover losses from their late father’s investment claim the fraudsters “could not have perpetuated their scheme without the knowing assistance of their primary banking institution, Bank of America, which lent the scheme an air of legitimacy and provided critical support, including at times when the scheme would have otherwise collapsed," according to the complaint. Bank of America spokesman Bill Halldin had no immediate comment on the suit.
- Zacks•7 hours ago
Rite Aid-Albertsons Deal: US SEC Sanctions Proxy Materials
Rite Aid Corporation RAD is progressing well toward the completion of its pending merger with the grocer, Albertsons Companies, Inc. The progress of the deal became evident, after the U.S. Securities and Exchange Commission (“SEC”) made the previously filed registration statement on Form S-4 effective. Following this, Rite Aid is now urging its shareholders to vote in favor of the merger deal. Voting, regarding the proposed transaction, will be carried out in the Special Meeting of Rite Aid shareholders, which is scheduled for Aug 9, 2018.
- CNBC•7 hours ago
Boeing reportedly tells engine makers to make bids for a new 797 plane
A report has claimed that engine manufacturers were given until today to bid with new engines for a Boeing 797. In a statement to CNBC, manufacturer Rolls-Royce refused to deny the Boeing deadline. Boeing has previously said it wants a new mid-sized airliner in the skies by 2025.
- Zacks•8 hours ago
New Strong Sell Stocks for June 27th
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:Banco Bradesco S.A. BBD is a provider of banking and financial products. The Zacks Consensus Estimate for its current year earnings has been revised 4.7% downward over the last 60 days
Business Insider•yesterday'You have to move on': Tesla’s biggest bull explains what the rest of Wall Street is missing — and why Elon Musk sets out to fail on purpose (TSLA)
Pierre Ferragu of New Street Research has a $530 price target for Tesla — nearly 70% higher than the rest of Wall Street. The veteran analyst recently spoke to Business Insider about why he's so bullish on Tesla, and what others who cover the company are missing. Follow Tesla's stock price in real-time.
Bloomberg•yesterdayInsulin Pump Maker’s 900% Stock Surge Has More Room to Run
Tandem Diabetes Care Inc. bulls still see upside for the insulin pump maker, even after shares increased ten-fold so far this year. Sell-side analysts rushed to boost their price targets for one of the Russell 2000 Index’s best performers in the wake of last week’s Food and Drug Administration approval of a technology for the company’s insulin pump. Piper Jaffray analyst JP McKim called the approval a "game changer" that will help attract patients and give them reason to upgrade to newer pumps.
- CNBC•5 hours ago
Buy Nvidia shares because its new gaming chips will launch soon: Raymond James
Raymond James reiterates its outperform rating for Nvidia shares, predicting the company will launch new graphics chips in its October quarter. The firm's analyst says there is "significant pent up demand" for the new products from the gaming community. Nvidia NVDA shares will thrive as the company releases its next generation gaming graphics chips later this year, according to one Wall Street firm.
Business Insider•4 hours agoGlobal stocks are bouncing after Trump made a conciliatory move in the trade war
Global markets are bouncing back after Trump revealed a more conciliatory than expected policy on Chinese companies. The Dow Jones is up almost 250 points in late morning trade. Chinese stocks had dropped sharply overnight.
- Fortune•20 hours ago
Amazon Is Expanding Whole Foods Deliveries to These 5 Cities
The program, which uses Amazon’s Prime Now to deliver meat, produce, and other staples to Amazon Prime members in as little as an hour, was introduced in February. Amazon first rolled out Whole Foods deliveries in Austin, Cincinnati, Dallas, and Virginia Beach. Amazon said it plans to expand deliveries across United States throughout 2018.
- Zacks•6 hours ago
Here's What You Missed Out by Overlooking Micron (MU) Stock
Micron Technology Inc. MU has demonstrated impressive price performance over the last two years. Smartphone makers, including Samsung, OnePlus, HTC and Xiaomi, have come up with higher memory phones comprising RAM of 6 GB or 8 GB.
