Retail Spending Remains Strong, Up More Than 6% in July

U.S. consumer spending increased by 6.4% year over year to $507.5 billion in July and up by 0.5% month over month from a downwardly revised June total of $504.9 billion. ...
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Apple: Buffett bought, Einhorn sold

As Apple soared last quarter, one superstar fund manager added 12.4 million shares to his portfolio. The other sold 0.4 million.   From the Wall Street Journal: Warren Buffett’s ...
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Top Analyst Upgrades and Downgrades: AutoZone, Chipotle, Diamondback Energy, Hasbro, Papa John’s, Western Digital and More

The futures took a big hit Wednesday morning as investors continue to show concern over the situation in Turkey. The big issue cited across Wall Street is the fear of ...
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Marijuana Grower Gets $4 Billion Investment From Constellation Brands

Beverage maker and distributor Constellation Brands Inc. (NYSE: STZ) and Canadian marijuana grower Canopy Growth Corp. (NYSE: CGC) announced that Constellation will increase its ownership stake in Canopy by acquiring ...
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Why PetIQ Earnings Are So Good

When PetIQ Inc. (NASDAQ: PETQ) reported its most recent quarterly results after the markets closed on Tuesday, the company said that it had $0.66 in earnings per share (EPS) and ...
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Apple: The goose that lays the golden eggs

Join Horace Dediu, Daniel Eran Dilger (and me) in New York City Thursday (8/16).   I have a limited supply of half-off tickets to The Goose that lays the golden ...
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Baird Cites Massive Cloud Growth as Reason to Buy 4 Red-Hot Stocks

It’s been going on for some time, and many on Wall Street see it continuing. Technology has been the leading sector in the markets, and there is little reason to ...
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Mortgage Applications Slide for Fourth Straight Week, Loan Rate Changes Mixed

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decline of 2% in the group's seasonally adjusted composite index for the week ending ...
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McDonald’s to Spend Billions to Upgrade Restaurants

McDonald's Corp. (NYSE: MCD) does not like its own restaurants anymore. It will spend billions of dollars to change thousands of them. And the effort is a community service to ...
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6 Most Important Things in Business Today

Stocks in Asia collapsed. According to Reuters: Asian stocks retreated to a one-year low on Wednesday as bearish Chinese markets worsened investor sentiment already hurt by Turkey’s financial crisis Warren ...
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Major Changes Seen in Berkshire Hathaway and Warren Buffett Stock Holdings

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its major list of public equity holdings as of June 30, 2018. This is the largest conglomerate in America, and founder Warren Buffett ...
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The Cost of a Wedding in Every State

Weddings are ideally a once-in-a-lifetime celebration of love, so brides and grooms are often willing to spend a small fortune on the big day. According to wedding industry research company ...
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47 Hottest Phones of All Time

More than three quarters of Americans own a smartphone and 95% of Americans have a cell phone of some kind, according to Pew Research Center. As phone technology has progressed ...
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Tuesday’s Biggest Winners and Losers in the S&P 500

August 14, 2018: The S&P 500 closed up 0.6% at 2,840.01. The DJIA closed up 0.5% at 25,300.09. Separately, the Nasdaq was up 0.7% at 7,870.89. Tuesday was a positive ...
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GE, Barrick Gold Drop into Tuesday’s 52-Week Low Club

August 14, 2018: Here are four stocks trading with heavy volume among 138 equities making new 52-week lows in Tuesday's session. On the NYSE advancers led decliners by about 2.59 ...
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