Month: July 2019

The Home Improvement Research Institute is bullish on 2019, according to its latest findings released last week, and supported by other industry professionals and watchers. According to HIRI’s quarterly Project Sentiment Tracking Survey of 3,000 homeowners, this is what’s ahead for the rest of the year. Kitchens are projected to be among the top spaces
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Recently, in Revenue Procedure 2019-32, the IRS provided a six-month extension for certain partnerships to file a superseding Form 1065 (its partnership return) and corresponding Schedules K-1 to each of its partners.  The Bipartisan Budget Act of 2015 (the “BBA”) drastically changed the way that partnerships are audited, including partnership-level assessments; smaller partnerships, however, can
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Qualcomm Inc. CEO Steve Mollenkopf. Getty Images Qualcomm issued guidance for September quarter earnings and revenue significantly lower than analyst expectations on Wednesday. The stock dropped as much as 5% in after-hours trading. Here’s how the company did versus expectations: Earnings: $0.80 per share, excluding certain items, vs $0.75 expected according to analysts polled by
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The Fitbit Ionic has a few apps, with more to come Erin Black | CNBC Shares of Fitbit cratered as much as 21% after hours on Wednesday after the company cut guidance for the next quarter in its second quarter earnings report. The stock rebounded slightly but was still down more than 11%, which is
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Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses questions about benefit increases while not working, when spousal benefits are, and are not, available, military service bonuses, how the earnings test is applied and retroactive widow’s benefits. Larry
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Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Traders now see a bigger chance of another rate cut by the Federal Reserve in September after it lowered interest rates for the first time since 2008 and hinted at further accommodation. The fed funds futures market now points to
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Leon Cooperman Scott Mlyn | CNBC During Tuesday night’s Democratic presidential debate, many of the Democratic candidates called for ending a favorite tax break of the rich. And now they have some unlikely allies: billionaire, conservative hedge-fund managers. In Wednesday’s Financial Times, hedge-fund manager and longtime Republican supporter Leon Cooperman said that while he opposed
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U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services’ sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice Services/Handout via REUTERS. New York State Division of Criminal Justice Services | Handout | Reuters Jeffrey
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Minted x Samsung Lyrical by Sarah McInroe Minted In recent years, television technology has rapidly improved. Screens are clearer and larger. Colors are truer and brighter. Units are thinner and designed to be to less obtrusive. But no matter which make and model you choose, whether it is sitting on top of an entertainment center
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Ariel Skelley | DigitalVision | Getty Images The CFP Board of Standards, the group overseeing the Certified Financial Planner credential, will overhaul its practices, making it easier for investors to spot financial advisors with a questionable past. In a Tuesday afternoon phone call, the group announced it would establish an independent task force to review
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Apple now has $210.6 billion cash on hand, according to the company’s fiscal third-quarter earnings report released on Tuesday. That’s a 6.6% decline from its fiscal second quarter of 2019, when it reported a cash pile of $225.4 billion. It’s down 13.6% from the year-ago quarter. Apple continues to host one of the largest cash
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