Shannon Stapleton | Reuters Apple CEO Tim Cook speaks during an Apple launch event in the Brooklyn borough of New York, October 30, 2018.  Apple is going to announce its new video streaming service plans at an event in Cupertino, Calif., on Monday, March 25. Over the past few months, CNBC has reported many details
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Craig Warga | Bloomberg | Getty Images Customers carry Tiffany & Co. shopping bags outside the company’s flagship store in New York, March 18, 2014. Check out the companies making headlines midday Friday: Tiffany — Shares of Tiffany rose 3.2 percent after the jewelry retailer reported mixed fourth-quarter results. The retailer reported earnings of $1.67,
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Photo: Humana.com 2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast
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When it’s several decades away, you might categorize saving for retirement as a back-burner concern. And when you’re younger, contributing to an individual retirement account might seem like an impossible stretch. Yet people who made the leap generally say they’re sorry they didn’t start earlier. Millennials seem particularly drawn to Roth IRAs, which are showing
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Check out the companies making headlines before the bell: Tiffany — Tiffany came in 7 cents a share above estimates, with quarterly profit of $1.67 per share. The luxury goods retailer’s revenue was short of forecasts, however, and Tiffany’s comparable sales fell 1 percent compared to analysts’ projections of a 0.8 percent increase. Hibbett Sports
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Tiffany shares bounced back Friday morning after management touted growth opportunities for the retailer, despite it reporting a 1 percent drop in sales worldwide during the holiday quarter, calling out “external challenges and uncertainties.” Its stock initially fell. But it was last up more than 3 percent following Tiffany’s earnings release, as its CEO soothed
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Looking at individual stocks, Aggreko climbed to the top of the European benchmark after Stifel upgraded the stock to “buy” from “hold.” Shares of the U.K. power supplier rose 4 percent. Deutsche Bank was another top gainer Friday, after the German lender published its annual report. Deutsche said in the report that management board members
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CVS Health CEO Larry Merlo told CNBC Thursday that the health chain is unlocking growth opportunities despite the stock’s downward trend since officially merging with Aetna in November. The company has made “tactical execution” changes to its long-term care business that has faced “intense financial pressure,” he said. The skilled nursing unit came from CVS’
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Nike shares tumbled Thursday following the sneaker maker reporting weaker-than-expected sales in North America during its fiscal third quarter, hurt, in part, by fewer people buying Converse-branded merchandise. Although its earnings topped analysts’ expectations, and total revenue was in-line with estimates, Nike shares sunk more than 4 percent after the bell on the news. The
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When you think of Southern living in the United States, a sunny climate and warm hospitality may come to mind. So it should come as no surprise that moving south is a popular choice for retirees. But with so many options to choose from, where should you look to spend your golden years? While every
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