Deere reported weaker-than-expected earnings on Friday as rising costs take a bite out of the tractor company’s bottom line. Deere posted adjusted earnings per share of $2.59 for its fiscal third quarter. Analysts at Reuters expected a profit of $2.75 per share. CEO Samuel Allen said the company “continued to face cost pressures for raw
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A special opportunity to do some serious tax-planning awaits many people heading into retirement. This sweet spot is the stretch of time that starts after you’re done with full-time work and before you begin taking required minimum distributions from your 401(k) account or traditional individual retirement account at age 70½. And presumably, you’ll find yourself
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The American consumer is back, and so is Walmart, at least for this quarter. Walmart stock surged more than 10 percent after the company reported fiscal second quarter earnings and sales that beat estimates and the best comparable sales growth in a decade. Sales were boosted by groceries, apparel, seasonal merchandise, and its e-commerce sales
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The “Fast Money” traders shared their first moves for the market open. Brian Kelly was a buyer of the Utilties ETF Karen Finerman was a buyer of Alibaba David Seaburg was a buyer of Macy’s Dan Nathan was a seller of the Semiconductors ETF Trader disclosure: On August 15, 2018 the following stocks and commodities
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JD.com, China’s second largest e-commerce firm, reported a 31.2 percent rise in second-quarter revenue on Thursday, falling short of analysts’ estimates after a worse-than-expected sale season. The firm posted revenue of 122.3 billion yuan ($17.73 billion) for the quarter ended June 30, compared with analysts’ estimate of 122.7 billion yuan according to Thomson Reuters I/B/E/S.
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Pregnant women may one day be able to find out whether they’re at risk of developing gestational diabetes with a blood test as early as 10 weeks into their pregnancies, research suggests. Some women become sensitive to insulin during their pregnancies and develop gestational diabetes. The condition causes women’s blood sugar levels to spike and
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There’s another reason Tesla‘s faithful investors might want to scrutinize CEO Elon Musk‘s public musings on taking the company private: Shareholders would likely face a tax bill. Musk’s surprise announcement last week — which is under review for possible violations of securities laws, according to various published reports — included his hope to let shareholders
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Cisco stock rose more than 6 percent on Wednesday after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on July 28. Here’s how the company performed: Earnings: 70 cents per share, excluding certain items, vs. 69 cents per share as expected by analysts, according to Thomson Reuters.
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