Month: August 2017

Then, Cramer spoke with Anil Chakravarthy, the CEO of privately-held data management company Informatica. Chakravarthy told Cramer on Thursday that even though Informatica helps integrate and bring data to companies including Amazon, Salesforce and Microsoft, it isn’t affected by competition. “We partner very well with Salesforce, with Amazon, with Azure, with Google, so we partner
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Check out the companies making headlines after the bell: Lululemon Athletica shares rose 4.7 percent during extended trading. The athletic clothing company’s second quarter earnings and revenue came in above Wall Street estimates. Same-store sales also exceeded estimates. Palo Alto‘s stock rose 5.6 percent after hours following the company’s fourth quarter earnings report. The company’s
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Japan, the United Kingdom, and several other countries have adopted a system known as “precision withholding” that lets taxpayers avoid filing any kind of tax return at all. The tax return, at the end of the day, is an anachronistic legacy of the old days of paper record-keeping when it wouldn’t have been feasible to
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Expect discounts of about 50 percent off, on average, on a wide range of gear as retailers make room for fall merchandise, she said. From engagement rings to lingerie and even mattresses, some of this year’s deals are surprisingly sexy for shoppers looking to beat the heat. What to buy Pop the question. Engagement rings
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At times, she said, she languished in virtual detention after Guo’s staff confiscated her smartphone, computer, passport and keys and forbade her from leaving her room in his luxury apartment in the high-end London neighborhood of Belgravia. To prove her case, the woman surreptitiously met a lawyer friend in London earlier this year to give
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Experts have attributed the boost in Chinese markets to better-than-expected growth in the world’s second-largest economy. Stronger growth has been largely due to Beijing’s meddling in the markets and economy to prevent embarrassing swings ahead of a major leadership transition in the fall, experts say — but that playbook can’t be sustained. “While state buying
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The White House recently announced new financial sanctions on Venezuela in a rebuke to the country’s power-grabbing president, Nicolás Maduro. Earlier this month, his Socialist Party created a special government-controlled assembly aimed at rewriting the nation’s Constitution and, in effect, replacing the opposition-controlled legislature. Since late 2016, low global oil prices and government mismanagement have
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Finally, Cramer spoke with Aneel Bhusri, the co-founder and CEO of human capital management software system Workday. With new clients including Citigroup, Siemens and Shell under its belt, Workday is entering a higher level of involvement with massive international companies, Bhusri said on Wednesday. “Our math is that 30 percent of the Fortune 500 has
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Check out the companies making headlines after the bell: Shares of Semtech dove 11.5 percent after hours following a mixed earnings announcement. The company beat earnings estimates but fell short of revenue estimates. The chip maker expects third quarter revenue between $145 million and $153 million and earnings per share between 48 cents and 52
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Worried by a long-term rise in inequality, Britain announced on Tuesday a series of measures aimed at increasing transparency over executive compensation, hoping to ramp up pressure on companies that offer lavish salaries for bosses but restrict pay for regular employees. The proposals include plans to force all publicly listed companies to publish their wage
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Billionaire investor Warren Buffett told CNBC on Wednesday that U.S. economic growth does not feel like 3 percent. The 3 percent threshold is what President Donald Trump and his administration want to achieve for gross domestic product growth. The government reported on Wednesday that GDP increased at a better-than-expected 3.0 percent annual rate in the
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The amount of interest shelled out on the longer loan, however, also is higher. On the five-year loan, total interest would be $2,965. Over seven years, interest would total $4,190. Higher interest rates, of course, incur even higher amounts paid over the life of the loan. Technology has also fueled millennials’ car-purchasing habits. Online shopping
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With improvements in medical treatment and increases in longevity, an unexpected illness when you are in your 60s, 70s or 80s may drag on longer than it did just a decade ago. One of the first things you should do is to learn how your current employee benefits (or those of your spouse) work and
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