Month: February 2018

Check out the companies making headlines after the bell Wednesday: Box shares plunged 13 percent after hours. The cloud content management company reported smaller losses per share than expected and revenue was in line with Wall Street estimates. CEO Aaron Levie felt confident about the past quarter and its metrics, stating that there are great
0 Comments
Salesforce stock rose 2 percent shortly after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on Jan. 31, after the bell on Wednesday. Here’s how the company did: Earnings: Excluding certain items, 35 cents in earnings per share vs. 33 cents as expected by analysts, according to
0 Comments
If you’re an entrepreneur, you may qualify for a 20 percent deduction against qualified business income. This break is available to pass-through entities, including S corporations and limited liability companies. In general, to qualify for the full deduction, your taxable income must be below $157,500 if you’re single or $315,000 if you’re married and file
0 Comments
Neuberger Berman portfolio manager Steve Eisman still loves financial stocks. “I haven’t been this positive on the banks since the 1990s,” Eisman said on Bloomberg Television Wednesday. “We’re going to go through for the next several years a massive deregulation of the financial services sector … From a stock perspective this is very positive for
0 Comments
Off-price apparel retailer TJX on Wednesday beat analysts’ estimates forholiday-quarter same-store sales as discounts drew more shoppers to its Marmaxx and TJX Canada stores, sending its shares to a record high. The company’s shares rose as much as 8.6 percent to $83.95 in early trading. TJX, which has succeeded in bucking the larger slowdown in
0 Comments
However, for many people with hefty state and local tax bills, the new federal tax law gives municipal bonds some appeal. The new law caps the state and local tax deduction that can be claimed on federal returns at $10,000. For many households, that cap will outweigh any potential benefits from other changes in the
0 Comments
Lowe’s and Valspar owner Sherwin-Williams are deepening a decades-old relationship, making the home improvement retailer the sole distributor in the home category of popular paint brands including Minwax, Cabot, and Thompson’s WaterSeal. Sherwin-Williams will continue to operate its own retail storefronts, as it skips over other major retailers for outside distribution in this deal. The
0 Comments
As Europe prepares for the outcome of Italy’s highly consequential election on March 4, emerging markets investors are keeping tabs on political movements further afield ahead of elections in several developing economies this year. One top investment bank has laid out the big ones to watch: Russia, Mexico, Colombia, Hungary, Malaysia and Brazil. These elections
0 Comments