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Monthly Archives: October 2019

These stocks can surge the most when Fed cuts rates three times and pauses

Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images The stage appears to be set for stocks to shine after the Federal Reserve’s third rate cut and its signal to stop from now. And certain groups of stocks stand to …

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Only one major analyst was not impressed by Apple’s results and here’s what has him worried

Tim Cook, chief executive officer of Apple Inc., speaks about the new iPhone Pro during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 10, 2019. Apple unveiled the iPhone 11 that will replace the XR and start at $699. Photographer: David Paul Morris/Bloomberg via …

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This is supposed to be the best time of the year to buy stocks, but some investors are hesitant

Traders work, as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement, on the floor of the New York Stock Exchange, October 30, 2019. Brendan McDermid | Reuters October is ending strong. Here’s what’s next. The market is closing out October …

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Two Histories of Financiers Profiting From Real Estate While Homeowners Go Belly Up

Taylor’s book meticulously documents what happened next, as the federal government partnered with a real estate industry enthusiastic about exploiting a new market but refusing to bear most of the risk. She details bungling mismanagement, gross corruption, distorted incentives, civil rights regulations that went unheeded and unenforced — what Taylor …

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Lyft Q3 2019 earnings

Lyft on Wednesday released its earnings report for the third quarter, where it beat on both the top and bottom lines, as well as raised its revenue guidance for 2019. The stock fluctuated following the report and was up as much as 1.4% in extended trading. Here are the key …

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Starbucks (SBUX) earnings Q4 2019 meet estimates

Starbucks on Wednesday reported quarterly revenue that topped analysts’ expectations as cafes in the U.S. and China attracted more customers. Shares of the company jumped more than 2% in extended trading. “Our U.S. business delivered 6% comparable store sales growth in the fourth quarter, while China grew comparable store sales …

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Apple iPhone sales beat estimates but are still down versus last year

Tim Cook, chief executive officer of Apple Inc., speaks about the new iPhone 11. David Paul Morris | Bloomberg | Getty Images Apple reported iPhone revenue of $33.36 billion for its fiscal fourth quarter on Wednesday. Analysts were expecting revenue to come in at $32.42 billion. iPhone revenue for the …

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Apple (AAPL) Q4 2019 has $205.9 billion cash, earnings indicate

Apple now has $205.9 billion cash on hand, according to the company’s fiscal fourth-quarter 2019 earnings report released on Wednesday. That’s 2.2% less than last quarter, when it reported a cash pile of $210.6. Apple continues to host one of the largest cash piles of any U.S. company. The company …

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Apple (AAPL) earnings Q4 2019

Apple reported fourth-quarter earnings that beat analyst expectations on Wednesday, thanks to strong performance in services and its fast-growing wearables business. Apple stock rose over 1% in after-hours trading. Here’s how the company did compared with Refinitiv consensus estimates: Revenue: $64 billion vs. $62.99 billion estimate. EPS: $3.03 vs. $2.84 estimate. …

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As Apple gears up for earnings, chart analyst sees warning signs

Apple may have a few worms. So says Mark Newton, founder and president of Newton Advisors, after finding some points of technical weakness in Apple’s stock charts that have him worried ahead of the company’s Wednesday after-the-bell earnings report. “I don’t like the stock all that much here,” Newton said …

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