Cisco Systems Inc.: “I think Cisco Systems is the cheapest large-cap tech stock there is in the market right now. I think that [CEO] Chuck [Robbins] is doing a fantastic job.” Zuora Inc.: “[CEO] Tien Tzuo delivered a good number. He did. It was a good number. It’s just that this stock is just violently
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Check out the companies making headlines after the bell: Shares of Stitch Fix initially jumped 10 percent and then fell more than 14 percent in after hours trading. Stitch Fix said its active clients grew 22 percent to 2.9 million active clients in the first quarter, but the company still missed analysts’ expectations of 2.95
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In the end, Seagraves advises against any online calculator. He favors spreadsheets. “The most elementary spreadsheets that run on Android or iPhone devices can do a better job of calculating mortgage payments than the online calculators,” he said. Even the best calculators require accurate, current figures for taxes, insurance and other costs. Mark Burrage, executive
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The Federal Reserve is putting more stress on gathering raw material. It has dramatically slowed the growth in money supply by shrinking its balance sheet. If this were the oil industry, the fact that there was less oil available and it cost more would be a crisis. It is no less a crisis if the
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The study’s analysis of costs is just scratching the surface, Weinstein said. That is because those who have addictions often have difficulty successfully staying employed. And their substance abuse issues may exacerbate other health conditions, such as diabetes. Insurance costs — such as life and long-term-care coverage — are also more expensive if you have
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Investors are increasingly concerned about a possible economic slowdown, shortly after the U.S., China and Japan all reported weaker-than-expected economic data. It comes at a time when traders are also closely monitoring trade negotiations between Washington and Beijing. U.S. Trade Representative Robert Lighthizer said Sunday that talks between the two sides must reach a successful
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Russell Investments’ Doug Gordon is optimistic stocks will find a floor — just not until next year. Gordon, a senior portfolio manager on the firm’s technical asset allocation strategies team, blames uncertainty surrounding the U.S.-China trade war and Federal Reserve policy for the violent market swings. “The first and fundamental question: Is this a correction
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“Create a home inventory.” It’s one of those to-do list items personal finance journalists (me included) often recommend, yet everyone tends to put off (also me). Polls from the Insurance Information Institute estimate roughly half of homeowners have a home inventory, a rate that hasn’t budged much over time. That’s not too surprising. Ignorance seems
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When the stock market sells off, CNBC’s Jim Cramer always advises searching for stocks that have been dragged down with the broader market despite the strength of their underlying businesses. The last time the market endured a major sell-off, those stocks ended up being the “cloud kings,” Cramer’s group of top-quality plays in the cloud-computing
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Starbucks: The coffeemaker’s Analyst Day will be nothing less than a “lovefest,” but an educational one, Cramer said. He’ll be on the lookout for newsmaking events, employee benefit upgrades and other special initiatives. “Starbucks is on a roll right now and I expect CEO Kevin Johnson will give us a road map for a return
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“It just means you’re lower for longer, meaning there’s no real bounce, which is a sign of real selling.” said Scott Redler, partner with T3Live.com. “Sometimes you break moving averages and you get some kind of quick fast recovery…but when you stay down longer, all of a sudden it’s showing real selling. That’s why people
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Drew Angerer | Getty Images Mark Zuckerberg, chief executive officer of Facebook, Dan Rose, vice president, partnerships at Facebook, and Sheryl Sandberg, chief operating officer of Facebook, attend the annual Allen & Company Sun Valley Conference, July 12, 2018 in Sun Valley, Idaho.  Facebook is increasing its buyback program by $9 billion, the company disclosed
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