Month: June 2018

In addition, over half of executives said that they believe human-machine collaboration is important to achieve their strategic priorities. Most advisors are not worried about AI replacing them. “You’re never going to completely eliminate the human element in financial services,” said Charles Weeks, founder and president of Barrister Wealth Management in Philadelphia. “There is always
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Tesla may start turning a profit as early as this year, automotive analyst Jamie Albertine told CNBC. “Based on what we’re seeing in the trajectory of production, we think they will be profitable on a non-gap basis later this year,” Albertine said Friday on “Power Lunch.” “We think we’ll be testing $385 [price target], on
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Domino’s Pizza CEO Patrick Doyle will step down from his post this weekend but analyst Matthew DiFrisco told CNBC that the company has the right recipe for continued success. “Personalized marketing is the key,” DiFrisco, managing director at Guggenheim Securities, said on “Power Lunch” Friday. “They’re combining the digital investment with value proposition and also
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Union Square Ventures has big plans to profit on a potential trillion-dollar business in blockchain and crypto in 10 years. But those plans won’t include starting a separate fund, according to a top executive. “We’re not planning to do it,” Albert Wenger, managing partner at Union Square Ventures told CNBC. “We see a lot of
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Each year, more than 200,000 U.S. military veterans return to civilian life after serving our country in uniform. According to the Small Business Administration, 10 percent of veterans would like to own their own business. Veterans are disciplined, well-trained leaders. With access to capital and business training, their success rates as small business owners are
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Here’s another idea: Revisit your investment fees now that you can’t deduct them. Prior to the Tax Cuts and Jobs Act, you were allowed to deduct investment and custodial fees, trust administration fees and other expenses for managing investments that produce taxable income. Under the old law, you could claim this and other miscellaneous itemized
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P.F. Chang’s is looking for a new owner. Centerbridge Partners and the board of managers of Wok Parent revealed Friday they have retained Bank of America Merrill Lynch and Barclays to explore a possible sale of the Chinese food chain. “Given the positive performance of P.F. Chang’s Bistro and having received multiple unsolicited indications of
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Constellation Brands shares dropped on Friday after the company’s quarterly earnings missed expectations amid lower margins and rising marketing costs. The stock closed down 5.79 percent at $218.87 after the spirits company reported an adjusted quarterly profit of $2.20 per share for its first fiscal quarter, below a Thomson Reuters consensus estimate of $2.43. The
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