Sears Wants to Cut Its Way to Profitability

Posted: October 16, 2018 at 6:35 am

There is an old saying in business: "You cannot cut your way to profitability." The recent plan for Sears to survive is based on just that. Growth is not important. ...
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Why the Economy Cannot Cut the Budget Deficit

Posted: October 16, 2018 at 6:20 am

In the 2018 fiscal year, the federal budget deficit rose to $779 billion, up 17% from the year before. This did not include the full force of federal tax cuts ...
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6 Most Important Things in Business Today: Google Looks Toward China

Posted: October 16, 2018 at 5:02 am

A co-founder of Microsoft Corp. (NASDAQ: MSFT) has died. According to Reuters: Microsoft Corp co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to ...
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States Obsessed with Halloween

Posted: October 15, 2018 at 5:20 pm

Halloween has become big business in recent years. Americans will spend $9 billion to celebrate the holiday this year, according to the National Retail Federation estimates. Even though this is ...
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25 Cities Spending the Most on Halloween

Posted: October 15, 2018 at 5:20 pm

Halloween has become a billion-dollar industry in the United States. Americans are projected to spend $9 billion this year on Halloween-related items and activities, down from $9.1 billion last year, ...
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33 Words People Misuse All the Time

Posted: October 15, 2018 at 4:45 pm

English is an impressive language. It boasts a functional vocabulary of about 200,000 words (French and Spanish commonly use only about half that number each), and adds thousands more words ...
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Monday’s Biggest Winners and Losers in the S&P 500

Posted: October 15, 2018 at 4:08 pm

October 15, 2018: The S&P 500 closed down 0.6% at 2,750.76. The DJIA closed down 0.4% at 25,249.47. Separately, the Nasdaq closed down 0.9% at 7,430.74. Monday was a down ...
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Sears, Exelixis Drop into Monday’s 52-Week Low Club

Posted: October 15, 2018 at 4:04 pm

October 15, 2018: Here are four stocks trading with heavy volume among 212 equities making new 52-week lows in Monday's session. On the NYSE advancers led decliners by about 1.57 ...
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Walgreens, Procter & Gamble Prop Up the Dow Monday

Posted: October 15, 2018 at 4:01 pm

October 15, 2018: Markets opened lower Monday as cautious investors appeared to be waiting for someone else to make the first move after last week's losses. The report on retail ...
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Tesla’s Software Upgrade Included a Massive Jump in Visual Learning Power

Posted: October 15, 2018 at 2:10 pm

Earlier this month, Tesla Inc. (NASDAQ: TSLA) began updating all its vehicles with version 9 of the company's automated driving software. Among the new features introduced in the software update ...
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What to Look For When UnitedHealth Reports on Tuesday Morning

Posted: October 15, 2018 at 1:30 pm

UnitedHealth Group Inc. (NYSE: UNH) is scheduled to report its third-quarter financial results before the markets open on Tuesday. Thomson Reuters consensus estimates call for $3.29 in earnings per share ...
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US Gas Prices Slipped Last Week, Volatility Increasing

Posted: October 15, 2018 at 12:20 pm

The average U.S. price for a gallon of regular gasoline dropped by 2.6 cents in the past week, to start this week off at a price of $2.88, according to ...
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What to Watch For in Morgan Stanley’s Q3

Posted: October 15, 2018 at 12:15 pm

Morgan Stanley (NYSE: MS) is scheduled to report its most recent quarterly results before the markets open on Tuesday. The consensus estimates from Thomson Reuters are $1.02 in earnings per ...
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How Wall Street Is Looking at Q3 Earnings Season, Sector by Sector

Posted: October 15, 2018 at 11:45 am

The week of October 15 to October 19 is when third-quarter earnings will fly into hyper-drive. Endless numbers of America's biggest and smallest companies communicating the most recent quarter and ...
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50 Companies That Owe Their Employees a Raise

Posted: October 15, 2018 at 11:10 am

The average CEO base salary at a S&P 500 company is over $10 million. With stock options and other benefits, that income nearly doubles. By contrast, an ordinary worker employed ...
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