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Check out the companies making headlines after the bell: Netflix shares soared as much as 7 percent post-market after the entertainment company released its first-quarter earnings. Its earnings were in line with Wall Street estimates and revenues were slightly above. Guidance for the upcoming quarter is strong. The company added nearly 2 million U.S. subscribers
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Facebook may be under attack for not protecting user privacy. But it’s spending a fortune to protect Mark Zuckerberg. According to a security filings, Facebook spent $7.3 million last year “for costs related to personal security for Zuckerberg at his residences and during personal travel pursuant to Mr. Zuckerberg’s overall security program.” That marked a
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Leading automated financial advisers — often called”robo-advisers” — such as Wealthfront and Betterment tout daily tax-loss harvesting as a way to significantly increase your returns. But independent research suggests the technique has less effect than claimed and may be more a gimmick than a true advantage for investors. Tax-loss harvesting explained Tax-loss harvesting is a
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NASA TESS, the Transiting Exoplanet Survey Satellite, is the next step in the search for planets outside of our solar system. SpaceX is getting set to launch a satellite for NASA that aims to discover thousands of planets over two years. NASA’s Transiting Exoplanet Survey Satellite (TESS) is slated to head into orbit on Monday
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Zuckerberg’s testimony “raised investor concerns about the potential for government regulation of the use of consumer data,” he wrote. “The Zuckerberg hearing revealed to many government officials the scale of personal data that FB users had agreed to allow the firm to gather, raising regulatory risks. “ In addition to the regulatory challenges, Facebook and
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And even though the children were given small allowances, they were always encouraged to donate a portion to charity (usually at church) and to account for every expense. The practice dates back to John. D. Rockefeller’s famed “ledger,” in which he tracked every penny that he earned and spent. “Like a lot of other boys,
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Check out the companies making headlines before the bell: Bank of America – The bank reported quarterly profit of 62 cents per share, 3 cents a share above estimates, with revenue also above forecasts. The bank’s results were helped by improved loan growth and deposits, among other factors. WPP Group – WPP founder and Chief
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One Wall Street analyst expects the report will impact the airline’s financial results this year. “We found little in the way of incrementally negative data points concerning Allegiant’s operational challenges over the past few years on last night’s 60 Minutes,” Stifel analyst Joseph DeNardi wrote in a note to clients Monday. “The bottom line is
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“We still see good flows into intermediate-term and nontraditional bond funds so far this year,” said Morningstar analyst Kenneth Oshodi. (Investors pulled more than $16 billion from high-yield bond funds in the first two months of this year.) “It’s high-yield debt [fund flows] that have suffered most with the volatility.” For the first time in
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Diego Levy/Bloomberg/Getty Images Naguib Sawiris, chairman and chief executive officer of Orascom Telecom Media and Technology Holding. Sorrell, credited for turning WPP into the world’s biggest advertising agency, quit on Saturday amid allegations of personal misconduct. In a statement, the 73 year-old businessman said, “WPP is not just a matter of life or death, it
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4. Don’t forget what you did last year. Use your return from last year as a cheat sheet. This is especially helpful if you are on the margin between taking the standard deduction and itemizing, which could lower your tax liability. To see whether itemizing makes sense, add up your individual deductions, including unreimbursed employee
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The business of basketball is booming and Tilman Fertitta, the owner of the NBA‘s Houston Rockets, suggests the league has a winning game plan for keeping fans tuned in. “The NBA, it’s just fun and interesting and the crowd is into it,” Fertitta told CNBC during “Power Lunch” this week. This season, the NBA set
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By now you’ve probably gathered that Facebook uses things like your interest, age and other demographic and geographic information to help advertisers reach you. Then there’s the stuff your friends do and like — the idea being that it’s a good indicator for what you might do and like. So, if you have a friend
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UnitedHealth: After speaking with its CEO, Cramer regards UnitedHealth as a “great” company with a multiyear trajectory and “an incredibly consistent track record of surprising Wall Street with good numbers.” “If you can get it in the teens, where my charitable trust did recently, I think that’s a terrific price,” he said in anticipation of
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“All that turmoil doesn’t help,” said Dan Stephenson, founder and chairman of the Rancon Group, a Murrieta, California-based real estate development firm. Indeed, the Chinese earlier this month slapped a new tariff on U.S. wine exports. And Beijing could spur an anti-U.S. backlash that discourages Chinese citizens from investing in American businesses. Regardless, there has
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