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Wells Fargo Fires Four Senior Managers Amid Phony Account Scandal Investigation

Tue, 21 Feb 2017 14:24:00 -0500

John Stumpf won't be the only person to lose his job over the phony account scandal that rocked Wells Fargo's reputation: four senior managers have also been fired in connection to the fraudulent sales practices that resulted in the creation of two million unauthorized bank and credit card accounts.


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Assessing The Likelihood Of A Sprint - T-Mobile Merger

Tue, 21 Feb 2017 13:46:00 -0500

There has been increasing speculation regarding a merger between Sprint and T-Mobile since the U.S. Presidential election, given the possibility of a more conducive regulatory environment for telecom mergers under a Republican establishment.


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Tiffany & Co. Adds Three Members To Its Board In Agreement With JANA

Tue, 21 Feb 2017 11:23:00 -0500

Former Bulgari CEO, Francesco Trapani, is among those who will join Tiffany & Co as independent board members. Michael J. Kowalski plans to step down as board chairman.


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4 Legendary Investor Picks For The Trump Rally

Tue, 21 Feb 2017 10:47:00 -0500

Value investors should look past the latest headlines in search of business fundamentals and concrete metrics. Here are four stocks that score well based on the John Neff value investing model.


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Earnings Preview: What To Expect From Priceline On Monday

Tue, 21 Feb 2017 10:17:00 -0500

Priceline is expected to earn $13.11/share on $2.33 billion in revenue. Meanwhile, the so-called Whisper number is $13.32. The Whisper number is the Street's unofficial view on earnings.


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Seventeen New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017New Hotels for 2017

Tue, 21 Feb 2017 10:17:00 -0500

Miavana, Madagascar

The Silo, Cape Town

Jabali Ridge, Tanzania

Hoshinoya Bali

The Rosewood Phuket

The Strand, Yangon, Myanmar

Palacio Tangara, Sao Paulo

Awasi Iguazu, Argentina

Hotel Lutetia, Paris

Four Seasons London at Ten Trinity Square

Adare Manor, Ireland

Anantara Vilamoura Algarve Resort, Portugal

Hotel Figueroa, Los Angeles

The Whitby, New York City

W Last Vegas

Villa Marie Saint-Barth

Sailrock Resort, Turks and Caicos


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Why Ping Is THE Mobile Service For The Chatting Generation

Tue, 21 Feb 2017 10:17:00 -0500

It’s 2017 and we’re online more than ever. It only follows naturally that we seek to be connected anywhere we go. So what if we told you that staying connected in 160 counties in the world, would cost you just 30c a day? Read on to know more about Ping, a new mobile service powered by Forbesfone.


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A Whopper Of A Deal: Burger King Owner Restaurant Brands International Acquires Popeyes For $1.8 Billion

Tue, 21 Feb 2017 10:17:00 -0500

It's a deal made in fast-food heaven: Restaurant Brands International, the corporate entity behind Burger King and Tim Hortons, is acquiring Popeyes Louisiana Kitchen for a whopping $1.8 billion.


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Macy's Profit Drops 13% As Store Closures, Layoffs Take Their Toll

Tue, 21 Feb 2017 09:23:00 -0500

The department store also reported a worse-than-expected decline in sales.


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How Traders And Investors Can Thrive In Low Volatility Markets

Tue, 21 Feb 2017 09:16:00 -0500

Traders and investors are struggling with low volatility markets. Here are four ways to succeed when markets are seemingly not moving.


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Earnings Scorecard: A Closer Look At Apple Inc.

Tue, 21 Feb 2017 09:05:00 -0500

In Q4 2016, Apple earned $3.36 per share on revenue of $78.4 billion. The Street's estimate was $3.22 per share on revenue of $77 billion. The Whisper number was $3.23/share. Apple continues to fire on all cylinders.


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AppleApple

Tue, 21 Feb 2017 09:05:00 -0500

New York, United States of America - February 25: Company logo of Apple on an Apple store in Manhattan on February 25, 2016 in New York, United States of America. (Photo by Thomas Trutschel/Photothek via Getty Images)


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Grexit Back On The Cards?

Tue, 21 Feb 2017 09:00:00 -0500

With nothing to stop Brexit getting the green light, the threat of the European Union losing a few more members - either willingly or unwillingly - is adding to the crisis in Europe.


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Student Loan Debt In 2017: A $1.3 Trillion Crisis

Tue, 21 Feb 2017 07:45:00 -0500

In the U.S., the student loan debt crisis impacts over 44 million borrowers who hold over $1.3 trillion in student loan debt.


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Earnings Scorecard: Wal-Mart Q4 2016 Enjoyed Its Best Quarter In 4 Years

Tue, 21 Feb 2017 07:37:00 -0500

In Q4 2016, Wal-Mart Stores earned $1.30 per share on revenue of $130.9 billion. The Street's estimate was $1.29 per share on revenue of $131.0 billion. The Whisper number was $1.32/share.


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The Top 20 Richest Women In AmericaAmerica's Richest WomenNo. 1: Christy WaltonNo. 2: Alice WaltonNo. 3: Jacqueline MarsNo. 4: Abigail JohnsonNo. 5: Laurene Powell JobsNo. 6: Anne Cox ChambersNo. 7: Blair Parry-OkedenNo. 8: Dannine AvaraNo. 9: Milane FrantzNo. 10: Randa WilliamsNo. 11: Ann Walton KroenkeNo. 12: Barbara Carlson GageNo. 13: Marilyn Carlson NelsonNo. 14: Nancy Walton LaurieNo. 15: Gayle CookNo. 16: Lynn SchustermanNo. 17: Barbara Piasecka JohnsonNo. 18: Karen PritzkerNo. 19: Tamara GustavsonNo. 20: Pauline MacMillan Keinath

Tue, 21 Feb 2017 07:37:00 -0500

Culled from the 2012 list of the FORBES 400 richest Americans, these 20 women together hold $160 billion of the nation's wealth.

Net Worth: $27.9 billion

Source of wealth: Wal-Mart

Age: 57

Overall Rank: 6

The richest woman in the world holds most of her wealth in Wal-Mart, the retailer founded by her father-in-law Sam Walton and his brother James in 1962.

Net Worth: $26.3 billion

Source of wealth: Wal-Mart

Age: 63

Overall Rank: 8

The heiress is the daughter of Wal-Mart founder Sam Walton and a noted philanthropist. Last year, she opened Crystal Bridges Museum of American Art in the town of Bentonville, Ark., where Wal-Mart is headquartered.

(Ketih Myers/Kansas City Star/MCT)




Earnings Scorecard: Home Depot Flirts With Fresh Record Highs In Q4 2016

Tue, 21 Feb 2017 07:24:00 -0500

In Q4 2016, Home Depot earned $1.44 per share on revenue of $22.2 billion. The Street's estimate was $1.33 per share on revenue of $21.7 billion. The Whisper number was $1.34/share. Clearly, Home Depot easily beat estimates and shareholders are being rewarded.


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Cities Where People Are Hunting For HomesCities Where People Are Hunting For Homes#1 Bradenton-Sarasota, Fla. #2 Riverside, Calif.#3 Charleston, S.C.#4 Fort Lauderdale, Fla.#5 Cape Coral, Fla.#6 West Palm Beach, Fla.#7 Forth Worth, Texas#8 Oxnard, Calif.#9 Las Vegas, Nev.#10 Orlando, Fla. Inviting freshness of breezy ocean Mandalay beach, Oxnard, CaliforniaPlaza de Cesar Chavez in downtown San Jose, Santa Clara County, California, USAModern towers and tall palm trees in scenic downtown San Diego California.View of Calico Ghost Town, California, San Bernardino County ParkLooking over Lake Arrowhead and the scenic San Bernardino National Forest in Southern California.Boats at Channel Islands Marina in Oxnard CaliforniaCalico Ghost town in San Bernardino County in California (former silver mining town)

Tue, 21 Feb 2017 07:24:00 -0500

In the Metro Movers Report, Trulia analyzed nearly 100 million property searches on its site from July 1 through Sept. 30, tallying the location of users and where they were looking for homes. Trulia ranked the Metropolitan Statistical Areas and Metropolitan Divisions with the most potential for growth in housing demand. It compared the highest number of searches from non-locals looking to move to these areas versus the number of locals looking to leave. An index ranking of '1' means the number of out-of-towners searching to move there is equal to the number of locals searching to leave. A '2' on the index means the number of people searching to come is double the number searching to leave. The higher the number, the more people showing interest from other places.

Cities Where People Want To Buy Homes: Bradenton-Sarasota, Fla.

MSA: North Port-Bradenton-Sarasota, Fla.

Metro Movers Index: 6.03

Cities Where People Want To Buy Homes: Riverside, Calif.

MSA: Riverside-San Bernardino-Ontario, Calif.

Metro Movers Index: 4.36


Cities Where People Want To Buy Homes: Charleston, SC

MSA: Charleston-North Charleston, SC

Metro Movers Index: 2.25

Cities Where People House Hunting The Most: Fort Lauderdale, Fla.

Metro Division: Fort Lauderdale-Pompano Beach-Deerfield Beach, Fla.

Metro Movers Index: 2.15

Cities Where People House Hunting The Most: Cape Coral, Fla.

MSA: Cape Coral-Fort Myers, Fla.

Metro Movers Index: 2.15


Cities Where People House Hunting The Most: West Palm Beach, Fla.

Metro Division: West Palm Beach-Boca Raton-Boynton Beach, Fla.

Metro Movers Index: 1.99


Cities Where People House Hunting The Most: Fort Worth, Texas

Metro Division: Fort Worth-Arlington, Texas

Metro Movers Index: 1.97

Cities Where People House Hunting The Most: Oxnard, Calif.

MSA: Oxnard-Thousand Oaks-Ventura, Calif.

Metro Movers Index: 1.92

Cities Where People House Hunting The Most: Las Vegas, Nev.

MSA: Las Vegas-Paradise, Nev.

Metro Movers Index: 1.88

Cities Where People House Hunting The Most: Orlando, Fla.

MSA: Orlando-Kissimmee-Sanford, Fla.

Metro Movers Index: 1.87

&l[...]


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HSBC Slumps After Shocking Full-Year Statement

Tue, 21 Feb 2017 07:13:00 -0500

Global banking giant HSBC falls after releasing worse-than-expected financials. What should investors do now?


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Earnings Scorecard: T-Mobile Beats Estimates In Q4 2016

Tue, 21 Feb 2017 07:00:00 -0500

In Q4 2016, T-Mobile earned $0.45 per share on revenue of $10.2 billion. The Street's estimate was $0.29 per share on revenue of $9.8 billion. The Whisper number was $0.32/share. Clearly, T-mobile easily beat estimates and shareholders have been rewarded.


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5 Mobile Finance Apps For The Small Business EntrepreneurFinance Apps for the Small Business EntrepreneurSpending TrackerSpending Tracker (cont.)Western UnionConcurSquare CashPayPal

Tue, 21 Feb 2017 07:00:00 -0500

Among the most loved financial mobile apps are some that entrepreneurs can and do use as tools for organizing and operating their small businesses. Here are a few...

Spending Tracker can help a small business leader keep tabs of where money is going every month in a simple and intuitive layout that could also be useful to individuals interested in getting a clearer picture of their spending. Larger, more complex organizations might want to look at finance app specifically designed for business.

Spending Tracker comes to us from MH Riley, a developer whose other app offerings touch on other aspects of finance, like mortgage, debt, loans and personal budgets.

Western Union’s Send Money app does what Western Union does best—transfer money. Its app is the mobile tool to that end. The service can send money to nearly 500,000 agents worldwide – to banks, people and businesses – and allows for repeat transactions.

Running a business means spending. Spending means filing expense reports and making that easier and more organized is pretty much Concur’s bread and butter. From plane tickets and motel room expenses to business lunches and rental cars, Concur’s app keeps it all in one place. The accounts payable options make life simpler for employees and executives.

Square, the payment processor, originally proved itself a boon to small businesses, remote retailers and freelancers. The company’s Square Cash app is a simple way of sending or requesting money from those among your contacts. For an entrepreneur this could be useful when looking to pay or receive payment from a group of service providers he or she patronizes often and has formed a steady business relationship with.

PayPal has long been a payment tool, having been embraced by Ebay in 2002. The company’s secure transaction platform is available through its mobile app


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As Expected, The Tragedy That Is Greece Returns

Tue, 21 Feb 2017 05:15:00 -0500

The third Greek bailout is in crisis as Euros 7 Billion has to be paid by July...once again, Greece does not have the money.


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Big Data Visionary Bates Sees 'Disruptive' Forces In Testing Arena, Made TestPlant CEO

Tue, 21 Feb 2017 04:18:00 -0500

As Dr John Bates is appointed the new CEO of TestPlant, a leader in software test automation, the Big Data and IoT space pioneer envisages disruptive forces at work in the testing environment across a range of industries. And, in this article he explains his thinking on these aspects.


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This FinTech CEO Is Making Money Instantly Available Anywhere In The World

Mon, 20 Feb 2017 20:32:00 -0500

Cremfinance CEO and Co-Founder Matiss Ansviesulis discusses the vision behind his company, making money more accessible, and his plans for designing the future of consumer finance.


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Industrial Metals Producers Lead Emerging Market Rally

Mon, 20 Feb 2017 16:48:00 -0500

Emerging markets have been on a tear in recent weeks, leaping ahead of developed markets, which had their own rally.


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The 10 Best Universities In Emerging Economies In 2017The 10 Best Universities In Emerging Economies In 201710. National Taiwan University9. Zhejiang University8. University of the Witwaterstrand7. Shanghai Jiao Tong university.6. Fudan University in Shanghai5. University of Science and Technology Beijing4. University of Cape Town3. Lomonosov Moscow State University2. Tsinghua University1. Peking University

Mon, 20 Feb 2017 16:48:00 -0500

From out of 300 universities in 41 countries, Times Higher Education - a London-based magazine that covers education across the globe - has chosen these as the best schools in BRICS and emerging economies based on 13 different performance indicators. They are arranged here in ascending order.

Location: China

2016 Rank: 5th

Location: China

2016 Rank: 8th

Location: South Africa

2016 Rank: 6th

Location: China

2016 Rank: 10th

Location: China

2016 Rank: 17th

Location: China

2016 Rank: 7th

Location: South Africa

2016 Rank: 4th

Location: Russia

2016 Rank: 3rd

Location: China

2016 Rank: 2nd

Location: China

2016 Rank: 1st


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