Investing & Retiring

Pressures on AT&T’s entertainment business will impact the company’s profits, according to Jefferies, which downgraded the telecommunications giant on Thursday. “We are downgrading the stock from Buy to Hold largely on concerns related to the entertainment segment as cord shaving and spin downs continue to pressure margins,” analyst John Janedis wrote in a note to
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David Paul Morris | Bloomberg | Getty Images A technician checks on a stack of wafers at the Applied Materials Inc. facility in Santa Clara, California. Investors should expect strength in semiconductor equipment manufacturers through 2019, according to J.P. Morgan, as demand for chips goads companies like Applied Materials and Lam Research higher. Analyst Harlan
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CEO optimism about hiring, capital investment and sales growth fell slightly in the second quarter from record levels, marking the first decline in two years amid concerns that trade conflicts could drive up costs for consumers and business. According to the latest quarterly Business Roundtable CEO Economic Outlook Survey, the CEO Economic Outlook Index slipped
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Morgan Stanley shared with its clients the firm’s best current stock picks. “The Alpha Almanac summarizes Morgan Stanley Research’s Global Economics and Strategy macro forecasts and collects a list of Sector Research’s high conviction, differentiated singlestock calls across the US,” equity strategist Michael Wilson said in a report Friday. Here are four overweight-rated companies that
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Harley-Davidson shares dropped as much as 2.3 percent Friday after the company said a trade war with Europe would “significantly” hurt motorcycle sales. President Donald Trump imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, affecting the motorcycle company’s manufacturing costs. In response, the European Union told the
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Still, Tesla executives, among other industry analysts, are generally optimistic about the company’s future. “To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company,” Musk wrote in a statement to employees. “As part of the reorg, we are flattening the management structure to improve communication,
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The world’s biggest sporting event will benefit Twitter shares, according to one Wall Street firm. MKM Partners reiterated its buy rating for Twitter’s stock, predicting a big sales boost from the World Cup this summer. “The Internet advertising environment appears to remain robust entering mid-year,” analyst Rob Sanderson said in a note to clients Friday.
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Dunkin’ Brands Chairman and CEO Nigel Travis is defending the doughnut maker’s “asset-light model,” which short-seller Jim Chanos cited as a reason he’s betting against the stock. “Since he made that prediction our stock has gone up,” Travis said on CNBC on Friday. Chanos revealed on CNBC his Dunkin’ short on April 26. Since then,
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Cunningham, a professor at George Washington University, released the original edition in 1995 but the fourth and most recent edition, published in 2015, incorporates fresh material, including Buffett’s 50th anniversary retrospective. While Buffett says that this book is most representative of his investing philosophy, he also points out that all of his original letters to
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Fabian Bimmer | Reuters Workers of German steel manufacturer Salzgitter AG stand in front of a furnace at a plant in Salzgitter, Germany, March 1, 2018. Digital infrastructure and digital inclusion, O’Reilly added, will be core to providing those in rural and underprivileged areas access to better tools for education, financial literacy, and business opportunities.
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Mohamed El-Erian sees a world one day that eschews paper money in favor of digital payments that could include government-issued cryptocurrency. “Is there a role for cryptocurrency in the future? Yes, but critically, officially sanctioned, that’s very different,” the chief economic advisor at Allianz told CNBC on Tuesday. “Officially sanctioned” could take the form of
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