Finally, Cramer grudgingly reviewed Polaris Industries, a manufacturer of snowmobiles, all-terrain vehicles and motorcycles that has had a wild ride over the last several years. From 2012 to 2015, shares of Polaris rallied 150 percent. But starting in 2015, the company’s earnings, revenue and growth all slowed due to mishaps in costs, shipping and inventory
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The dollar fell on Wednesday, touching its lowest level in more than a year against a basket of currencies after the release of the Federal Reserve’s policy statement following its July meeting. The Federal Open Market Committee announced no changes to monetary policy, as expected. Policymakers said, however, that the U.S. central bank would begin
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Whole Foods Market posted third-quarter earnings on Wednesday that beat analyst expectations. EPS: 36 cents adjusted vs. 33 cents expected, according to Thomson Reuters Revenue: $3.73 billion vs. $3.72 billion expected, according to Thomson Reuters U.S. same-store sales: down 1.9 percent vs. down 2.2 percent expected, according to StreetAccount In the third quarter, net income
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Ford‘s second-quarter earnings topped analysts’ expectations on Wednesday, helped by strong performance at its financing arm, higher sales of its F-Series and other trucks and a lower-than-expected tax rate. The company raised its full-year earnings forecast to a range of $1.65 to $1.85 a share, on an adjusted basis. However, the improved outlook was also
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During the second quarter, Coke said the company made progress in some of its key initiatives, which included transforming the business’ beverage portfolio, getting away from sugary drinks and growing in global markets. Quincey has made it clear he wants to focus on boosting Coca-Cola’s sales of smaller-sized packages and no-calorie sparkling beverages to meet
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Boeing shares soared nearly 8 percent to a record high after the world’s biggest plane maker posted second-quarter profit and cash results that beat estimates, and lifted its full-year forecasts. Boeing has cut spending aggressively by streamlining production, reducing payrolls and winding down development costs. Its 787 Dreamliner contributed about $530 million in cash in
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Hershey, the maker of Reese’s Peanut Butter Cups and Hershey’s Kisses, reported a higher-than-expected quarterly profit on Wednesday, helped by cost-cutting and on strong demand in the United States. Sales in North America, Hershey’s largest market, rose 2.2 percent to $1.47 billion in the second quarter ended July 2. Hershey, apart from implementing a cost-cutting
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One of those products that may come up in millennials’ research is laboratory-grown diamonds, which are growing in popularity as the low profit margins in the cutting and polishing segment have heightened midstream players’ interest in non-natural varieties. Jason Payne, co-founder of Ada Diamonds told CNBC that lab-made diamonds, compared to mined diamonds, “have fewer
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AT&T lost 199,000 subscribers, but the loss was offset by gains in its DirecTV Now online streaming service. The total number of video subscribers was essentially flat from last year, the company said. Stephens hailed bundle packages as a way to attract and keep customers. Since AT&T acquired DirecTV, the number of wireless subscribers with
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Financial advisors are increasingly aware of this threat, with 81 percent saying cybersecurity is a high priority. Yet, just 29 percent say they are “fully prepared to manage and mitigate the risks associated with cybersecurity,” according to a study released last September by the Financial Planning Association’s Research and Practice Institute. However, just in the
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More and more, soon-to-be retirees are thinking of heading overseas. With older Americans increasingly responsible for their own financial security, workers are becoming steadily more pessimistic about their future economic prospects as they approach retirement age, according to a study by United Income, a startup that aims to apply big-data analysis to financial planning. But
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The bills are “designed to create the impression that they’re doing something to protect investors even as they strip away protections,” said Barbara Roper, director of investor protection for the Consumer Federation of America. “Instead of requiring advisors to avoid, rein in and appropriately deal with conflicts of interest, they’re saying, ‘We’ll deal with those
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A client met with me to discuss his dream of taking an early retirement. As a 58-year-old electrical engineer, Paul made it clear he was tired of enduring constant stress and increased responsibilities at work. His pension and 401(k) plan were finally at levels where he felt confident he could retire early, and on his
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Chances are, you picked your credit card based on the rewards, yet the most valuable perks could be ones you’re not even aware of. Over the past few years, card issuers have upped the ante with better rewards and sign-up bonuses to attract customers. However, there are a few benefits that have been in the
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GOBankingRates measured the suggested retail price of vehicles from several manufacturers and applied three assumptions —a five-year auto loan term, a 20 percent down payment and estimated monthly payments for those with excellent, good and fair credit — to find the vehicles with the lowest payments. Here are the top 10 cars you can buy
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