STR | AFP | Getty Images Visitors crowd around the Nvidia booth at the 2016 China Digital Entertainment Expo, known as ChinaJoy, in Shanghai. Nvidia shares fell steeply after the chipmaker gave weak fourth quarter revenue guidance when it reported third-quarter earnings after the close on Wednesday. “After many years of near flawless performance, Nvidia
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Matt Tremel Saxophonist, U.S. Navy The Education Department forgave Tremel’s $14,000 in student debt earlier this year. “I was ecstatic,” he said. His advice might sound a little cynical. “You can’t trust anybody who tells you something,” he said. For example, Tremel verified, via the Education Department’s website, all of the information he received from
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Thermo Fisher Scientific Inc.: “What a great company. $93 billion market cap company, run incredibly well. That’s my kind of company for this environment.” Arconic Inc.: “We’re not arbitrageurs. Let’s just take the profit and run, or even, frankly, let’s just go, because we don’t know how that deal’s going to work out.” Qualcomm Inc.:
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“You’re in a completely different position with that kind of money,” Chancey said. “You can build your own financial services team that is dedicated all day to your financial affairs.” For both Bailey and West, minimizing taxes likely will factor prominently in their financial decisions. While both winners had taxes withheld from their share, it
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Longtime investor Paul Meeks believes it could take months until the Nasdaq stages a sustainable comeback. Meeks, who ran the world’s biggest tech fund for Merrill Lynch during the dot-com boom and subsequent collapse, predicts the correction gripping the tech-heavy index will only get deeper due a particularly hard-hit group of stocks, which doesn’t include
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Cisco stock rose 5 percent after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year. Executives will discuss the results with analysts on a conference call at 4:30 p.m. Eastern time. Here’s how the company did: Earnings: 75 cents per share, excluding certain items, vs. 72 cents per share as
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Coca-Cola has scaled back its Christmas truck’s annual tour of the U.K. following protests from health activists. The truck will visit 24 towns and cities around the U.K. throughout November and December — down from 42 locations last year. Coca-Cola’s annual marketing push has faced various demands from campaigners, ranging from a stop to the
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When Eads’ son was diagnosed with cancer, he retired earlier than he expected to tend to him. His son eventually died. During these difficulties, Eads put his loans into multiple forbearances, which are temporary postponements of payments, during which interest accrues. The 71-year-old man now owes more than $60,000, more than double what he originally
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