Here’s who is most likely to get a bigger tax refund this year

Even if you haven’t started on your 2018 return, you’ve probably heard this tax year’s horror story: lower-than-anticipated refund checks or the possibility you will owe the IRS. This tax year holds surprises for many individuals after the implementation of the Tax Cuts and Jobs Act. The likely candidates: individuals who make estimated quarterly payments to the IRS. Those people tend to base their quarterly estimated tax payments on the previous year. So if they paid based off of tax year 2017,


Even if you haven’t started on your 2018 return, you’ve probably heard this tax year’s horror story: lower-than-anticipated refund checks or the possibility you will owe the IRS. This tax year holds surprises for many individuals after the implementation of the Tax Cuts and Jobs Act. The likely candidates: individuals who make estimated quarterly payments to the IRS. Those people tend to base their quarterly estimated tax payments on the previous year. So if they paid based off of tax year 2017,
Here’s who is most likely to get a bigger tax refund this year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: lorie konish, minerva studio, getty images
Keywords: news, cnbc, companies, steffen, paid, checks, youve, quarterly, refund, payments, estimated, individuals, likely, heres, bigger, tax


Here's who is most likely to get a bigger tax refund this year

Even if you haven’t started on your 2018 return, you’ve probably heard this tax year’s horror story: lower-than-anticipated refund checks or the possibility you will owe the IRS.

This tax year holds surprises for many individuals after the implementation of the Tax Cuts and Jobs Act.

So far, average refunds are down 8.4 percent from the same time last year, to about $1,865.

Yet some individuals still stand to receive bigger checks than they did last year.

“They’re going to be wondering what everyone’s complaining about,” said Tim Steffen, director of advanced planning at Baird Private Wealth Management.

The likely candidates: individuals who make estimated quarterly payments to the IRS. That predominantly includes retirees, business owners and other individuals whose income is not withheld for tax purposes.

Those people tend to base their quarterly estimated tax payments on the previous year. So if they paid based off of tax year 2017, they likely paid too much, according to Steffen.


Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: lorie konish, minerva studio, getty images
Keywords: news, cnbc, companies, steffen, paid, checks, youve, quarterly, refund, payments, estimated, individuals, likely, heres, bigger, tax


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Boeing just hit a record, and one trader sees an even bigger rally despite its surging price

“Any way you slice it here … we do like Boeing,” Susquehanna’s Stacey Gilbert said Tuesday on CNBC’s “Trading Nation.” “This was basically your poster child for the China trade tensions. Whenever there was a negative headline, … Boeing stock always declined. However, given the stock’s record and recent run, he wouldn’t chase it at current levels. Also Tuesday, Bernstein analyst Douglas Harned raised his target on Boeing to $459, a 12 percent upside from current levels.


“Any way you slice it here … we do like Boeing,” Susquehanna’s Stacey Gilbert said Tuesday on CNBC’s “Trading Nation.” “This was basically your poster child for the China trade tensions. Whenever there was a negative headline, … Boeing stock always declined. However, given the stock’s record and recent run, he wouldn’t chase it at current levels. Also Tuesday, Bernstein analyst Douglas Harned raised his target on Boeing to $459, a 12 percent upside from current levels.
Boeing just hit a record, and one trader sees an even bigger rally despite its surging price Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: pippa stevens
Keywords: news, cnbc, companies, trade, trader, boeing, pattern, stock, despite, price, surging, hit, gilbert, stocks, analyst, wouldnt, record, sees, rally, bigger, tensions


Boeing just hit a record, and one trader sees an even bigger rally despite its surging price

Boeing takes off from December lows to soar to new record 4 Hours Ago | 04:14

There are stocks that have bounced back from their day-after Christmas lows, and then there’s Boeing.

Shares of the aviation giant have soared 40 percent since its Dec. 26 low and 27 percent this year as of Tuesday’s close, when the stock broke above $400 for the first time ever to a record high. It was up nearly 1 percent in Wednesday’s premarket, at $413.66.

The surge may have some investors fearing they missed out on the rally. But one trader says there’s still plenty of runway ahead.

“Any way you slice it here … we do like Boeing,” Susquehanna’s Stacey Gilbert said Tuesday on CNBC’s “Trading Nation.”

She cites three key reasons for why she’s bullish on the stock: momentum and demand for the 737 aircraft, strength in the services sector, and a diversification in the business model thanks to a push into the defense sector.

Boeing slid more than 13 percent in the last quarter amid fears over a trade war. But Gilbert says she likes the stock despite the uncertainty over when, or even if, a trade truce with China will take place.

“This was basically your poster child for the China trade tensions. Whenever there was a negative headline, … Boeing stock always declined. This is a name that we do like even with those tensions. If tensions cause a pullback we would certainly look to add to positions here,” she said. She also noted that based on the bets options traders are making, the overall market sentiment “continues to be bullish.”

Susquehanna analyst Charles Minervino initiated coverage on Boeing with a positive rating last month. His $453 price target implies a 10 percent jump from Tuesday’s close.

Boeing has surged more than 12 percent over the last week following a blowout fourth-quarter earnings report.

The company reported results that handily topped analyst expectations, helped by a record 806 aircraft delivered. It also posted a record $101 billion in annual revenue, breaking the $100 billion mark for the first time.

Like Gilbert, Miller Tabak’s Matt Maley believes the company’s fundamentals remain strong. However, given the stock’s record and recent run, he wouldn’t chase it at current levels.

“Great move, all-time high. That’s the kind of breakout you want to see. But on a very short-term basis nothing moves in a straight line. We would like to see, it would actually be healthy, if the stock [were] to pull back here and then take another shot at trying to break out of the top end of that pattern,” he said.

He’s referring to a “megaphone pattern,” formed when a stock swings in both directions and when each swing is larger than the last. It can portend a period of increased volatility for a stock. In addition to Boeing testing the high-end of its megaphone pattern, Maley also said the stock looks overbought on a relative strength basis.

But in the longer view, he notes that the stock’s recovery has outpaced the broader market’s recovery, suggesting positive momentum from a technical standpoint.

“I wouldn’t necessarily chase up here over the near term. It’s one that should be bought on weakness. But on a long-term basis the stock looks great on the charts.”

Also Tuesday, Bernstein analyst Douglas Harned raised his target on Boeing to $459, a 12 percent upside from current levels.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: pippa stevens
Keywords: news, cnbc, companies, trade, trader, boeing, pattern, stock, despite, price, surging, hit, gilbert, stocks, analyst, wouldnt, record, sees, rally, bigger, tensions


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Snap’s improved quarter can’t hide ‘a deeper, way bigger issue’

Doug Anmuth, a J.P. Morgan internet analyst, cited management retention as one of the issues for caution over Snap’s future. She knows the company really well, has been with us for a long-time. So I think the teams really evolved and I think ready for the next stage of growth.” Spiegel replied, “On the senior team, we are really focused on the CFO role and also on the marketing role. In terms of Snap’s ability to recruit talent in the highest ranks of its company, Cappelli noted the company coul


Doug Anmuth, a J.P. Morgan internet analyst, cited management retention as one of the issues for caution over Snap’s future. She knows the company really well, has been with us for a long-time. So I think the teams really evolved and I think ready for the next stage of growth.” Spiegel replied, “On the senior team, we are really focused on the CFO role and also on the marketing role. In terms of Snap’s ability to recruit talent in the highest ranks of its company, Cappelli noted the company coul
Snap’s improved quarter can’t hide ‘a deeper, way bigger issue’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: noah higgins-dunn, matt winkelmeyer, getty images, source, marlene awaad, bloomberg, frederick florin, afp, todd haselton, albin lohr-jones
Keywords: news, cnbc, companies, way, improved, hide, think, issue, wrote, bigger, snap, look, deeper, leadership, team, company, snaps, quarter, role, really, cant


Snap's improved quarter can't hide 'a deeper, way bigger issue'

Leadership turnover was not the No. 1 issue for analysts on the earnings call. There are core business challenges that remain, including Snap’s competition against Facebook apps. And its list of competitors is growing, according to the company’s own filings.

Bank of America’s Justin Post wrote after the earnings that the improvement was an important step but still “far from a victory.” He added, “Our survey work suggests Snap still has high levels of churn, while we continue to think Instagram and Whataspp will be difficult to displace in international markets even with an improved app.”

Leadership didn’t come up on the call until the tenth analyst in the queue got a chance to pose a question.

Doug Anmuth, a J.P. Morgan internet analyst, cited management retention as one of the issues for caution over Snap’s future. He asked Spiegel about Snap’s recruiting and retention efforts given recent departures.

On the continuing CFO search, Spiegel said, “I think as we look forward to CFO roles, a critical role for us, I think we are really fortunate to have Lara in the interim role right now. She knows the company really well, has been with us for a long-time. So that really gives us the flexibility to take our time with the search and really get it right.” He added, “I think if we look at this, the development over the leadership team over the last year, it’s made a massive difference in the business and also for me personally because now I’m freed up to do the things I really love to do on the product side. So I think the teams really evolved and I think ready for the next stage of growth.”

Snap declined to comment to CNBC beyond Spiegel’s answers on the call.

Jefferies’ Thill wasn’t satisfied by the Snap CEO’s answer, and he pressed the question about turnover later on the call.

“I just want to go back to the developing team and culture, there have been a lot of changes. I’m just curious if you could comment on what percent of the change you think you’re through in the senior team?”

Spiegel replied, “On the senior team, we are really focused on the CFO role and also on the marketing role. So those are the two priorities for me. Most of the changes we made over the past year, year and half as we look sort of forward towards the business scaling, I’m really happy with the way the teams come together and the way they’re working together. So those are related to focus areas for us.”

While the stock has doubled from its 52-week low, even with the rally on Wednesday Snap shares remain far below its $17 per share IPO offering price, and below its stock market high of $26 on its first day of trading after its March 2017 IPO.

Peter Cappelli, a professor of management and director of the center for human resources at The Wharton School, wrote in an email that a revolving door on the leadership level could signal lack of agreement between people in power. However, the skills needed to turn a start-up company into a mid-sized company can be different, and some could simply outgrow their leaders.

In terms of Snap’s ability to recruit talent in the highest ranks of its company, Cappelli noted the company could have some advantages over competitors. “I think the benefit for any executive is being able to work on something that is new and emerging and also to be able to put your stamp on something, to show that what you did really mattered,” Capelli wrote.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: noah higgins-dunn, matt winkelmeyer, getty images, source, marlene awaad, bloomberg, frederick florin, afp, todd haselton, albin lohr-jones
Keywords: news, cnbc, companies, way, improved, hide, think, issue, wrote, bigger, snap, look, deeper, leadership, team, company, snaps, quarter, role, really, cant


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Trump: Bigger Pentagon budget, reassessing alliances will bolster military

WASHINGTON — President Donald Trump said in his State of the Union address on Tuesday that he plans to rebuild the U.S. military by increasing the Pentagon’s budget and by reassessing military alliances and agreements with foreign nations. The Trump administration has approved two defense-friendly budget bills that have elevated the Pentagon’s spending power to $700 billion in 2018 and $717 billion in 2019. “We are also getting other nations to pay their fair share,” Trump said pivoting to the d


WASHINGTON — President Donald Trump said in his State of the Union address on Tuesday that he plans to rebuild the U.S. military by increasing the Pentagon’s budget and by reassessing military alliances and agreements with foreign nations. The Trump administration has approved two defense-friendly budget bills that have elevated the Pentagon’s spending power to $700 billion in 2018 and $717 billion in 2019. “We are also getting other nations to pay their fair share,” Trump said pivoting to the d
Trump: Bigger Pentagon budget, reassessing alliances will bolster military Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-05  Authors: amanda macias, department of defense photo, brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, bolster, alliances, spending, trump, bigger, share, defense, budget, nato, military, billion, president, union, united, reassessing, pentagon


Trump: Bigger Pentagon budget, reassessing alliances will bolster military

WASHINGTON — President Donald Trump said in his State of the Union address on Tuesday that he plans to rebuild the U.S. military by increasing the Pentagon’s budget and by reassessing military alliances and agreements with foreign nations.

The Trump administration has approved two defense-friendly budget bills that have elevated the Pentagon’s spending power to $700 billion in 2018 and $717 billion in 2019.

“We are also getting other nations to pay their fair share,” Trump said pivoting to the defense budgets of NATO allies.

“For years, the United States was being treated very unfairly by NATO, but now we have secured a $100 billion dollar increase in defense spending from NATO allies,” Trump said.

In July, Trump threatened to reduce U.S. military support if allies did not increase defense spending and pushed for the 28 other members to spend more money.

In 2017, the U.S. accounted for 51.1 percent of NATO’s combined GDP and 71.7 percent of its combined defense expenditure. In short, the U.S. contributed more funds to NATO than Germany, France, Italy, Spain, the United Kingdom and Canada combined.

While U.S. spending in constant dollar terms has risen slightly since 2014, its share of NATO’s overall spending has fallen. When measured as a share of gross domestic product, the U.S. still spends more than the 2 percent target. But its contribution has fallen from 4.78 percent of GDP in 2011 to 3.50 percent this year, according to figures provided by NATO.

In all, the U.S. spent $685.9 billion on defense in 2017.

Acting Secretary of Defense Patrick Shanahan said of Trump’s speech: “In his State of Union address tonight, President Trump reaffirmed his unwavering commitment to support our troops and to protect American national security interests at home and abroad. Under President Trump’s leadership, we are focused on the full implementation of the National Defense Strategy: increasing lethality, strengthening alliances and partnerships, and reforming the way we do business.”


Company: cnbc, Activity: cnbc, Date: 2019-02-05  Authors: amanda macias, department of defense photo, brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, bolster, alliances, spending, trump, bigger, share, defense, budget, nato, military, billion, president, union, united, reassessing, pentagon


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‘Information is power’: Blackstone gets better as its business gets bigger, CEO says

Blackstone CEO: We get better as we get bigger 8 Hours Ago | 02:34Blackstone chief executive and co-founder Steve Schwarzman believes that when it comes to businesses optimizing their performance: “Information is power.” “When you deploy too much money into one strategy, you’ll crush your performance because there aren’t enough interesting opportunities (and) you don’t have a differentiated model … That happens all the time,” Schwarzman told CNBC’s Andrew Ross Sorkin at the World Economic Forum


Blackstone CEO: We get better as we get bigger 8 Hours Ago | 02:34Blackstone chief executive and co-founder Steve Schwarzman believes that when it comes to businesses optimizing their performance: “Information is power.” “When you deploy too much money into one strategy, you’ll crush your performance because there aren’t enough interesting opportunities (and) you don’t have a differentiated model … That happens all the time,” Schwarzman told CNBC’s Andrew Ross Sorkin at the World Economic Forum
‘Information is power’: Blackstone gets better as its business gets bigger, CEO says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-22  Authors: sam meredith
Keywords: news, cnbc, companies, economic, world, wef, ceo, worldwidenonetheless, better, youll, gets, power, information, bigger, strategy, blackstone, schwarzman, performance, war, business


'Information is power': Blackstone gets better as its business gets bigger, CEO says

Blackstone CEO: We get better as we get bigger 8 Hours Ago | 02:34

Blackstone chief executive and co-founder Steve Schwarzman believes that when it comes to businesses optimizing their performance: “Information is power.”

“When you deploy too much money into one strategy, you’ll crush your performance because there aren’t enough interesting opportunities (and) you don’t have a differentiated model … That happens all the time,” Schwarzman told CNBC’s Andrew Ross Sorkin at the World Economic Forum (WEF) in Davos on Tuesday.

His comments come at time when financial markets are increasingly concerned about a serious global economic slowdown, with a long-running U.S.-Sino trade war souring business and consumer sentiment worldwide.

Nonetheless, Blackstone’s Schwarzman said there is an optimal amount of capital for every business strategy.


Company: cnbc, Activity: cnbc, Date: 2019-01-22  Authors: sam meredith
Keywords: news, cnbc, companies, economic, world, wef, ceo, worldwidenonetheless, better, youll, gets, power, information, bigger, strategy, blackstone, schwarzman, performance, war, business


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As free-to-play games get bigger, Activision will get in on action in 2019: Analyst

As free-to-play games get bigger, Activision will get in on action in 2019: Analyst3 Hours AgoTimothy O’Shea, an analyst with Jefferies, breaks down the firm’s top video game predictions for 2019 with CNBC’s “Power Lunch” team.


As free-to-play games get bigger, Activision will get in on action in 2019: Analyst3 Hours AgoTimothy O’Shea, an analyst with Jefferies, breaks down the firm’s top video game predictions for 2019 with CNBC’s “Power Lunch” team.
As free-to-play games get bigger, Activision will get in on action in 2019: Analyst Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-18
Keywords: news, cnbc, companies, team, freetoplay, video, oshea, analyst, games, predictions, jefferies, action, hours, activision, 2019, power, lunch, bigger


As free-to-play games get bigger, Activision will get in on action in 2019: Analyst

As free-to-play games get bigger, Activision will get in on action in 2019: Analyst

3 Hours Ago

Timothy O’Shea, an analyst with Jefferies, breaks down the firm’s top video game predictions for 2019 with CNBC’s “Power Lunch” team.


Company: cnbc, Activity: cnbc, Date: 2019-01-18
Keywords: news, cnbc, companies, team, freetoplay, video, oshea, analyst, games, predictions, jefferies, action, hours, activision, 2019, power, lunch, bigger


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More Americans than ever own stocks, potentially giving the market a bigger wealth effect

“A 1 percent move in stock prices now has a much larger impact on wealth levels for most groups.” Yet while the middle class own more stocks, their holdings still pale in comparison to how much stock the rich own. Some have argued that the so-called wealth effect has reduced for the stock market over the years because equity holdings are so concentrated with those with a high net worth. Declines in stock prices due still have “a meaningful effect on the spending of wealthy households,” Struyven


“A 1 percent move in stock prices now has a much larger impact on wealth levels for most groups.” Yet while the middle class own more stocks, their holdings still pale in comparison to how much stock the rich own. Some have argued that the so-called wealth effect has reduced for the stock market over the years because equity holdings are so concentrated with those with a high net worth. Declines in stock prices due still have “a meaningful effect on the spending of wealthy households,” Struyven
More Americans than ever own stocks, potentially giving the market a bigger wealth effect Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-16  Authors: michael sheetz, jamie grill, getty images
Keywords: news, cnbc, companies, wealth, giving, struyven, equity, wealthy, wealthiest, stock, stocks, potentially, holdings, prices, americans, market, bigger, effect


More Americans than ever own stocks, potentially giving the market a bigger wealth effect

The wealthiest Americans are still the hardest hit by stocks – but now, more than ever, the rest of the country feels the pinch of a decline in the market.

“Household equity holdings have more than tripled as a share of disposable income at the aggregate level since the late 80s,” Goldman Sachs senior economist Daan Struyven said in a study Tuesday. “A 1 percent move in stock prices now has a much larger impact on wealth levels for most groups.”

Credit the growing use of 401Ks and other retirement accounts for that phenomenon.

Yet while the middle class own more stocks, their holdings still pale in comparison to how much stock the rich own. And their ownership of the equity pie has only gotten bigger. The wealthiest 1 percent now own half of all total household equities. They owned just 39 percent in the late 80s.

Because of that concentration, Goldman Sachs found that a shift in stock prices hits the wealthiest 10 percent of Americans three times harder what it did in the 80s. For those in the 50th to 90th percentiles, the hit is “a third larger,” Struyven said.

Some have argued that the so-called wealth effect has reduced for the stock market over the years because equity holdings are so concentrated with those with a high net worth. While Goldman’s work does show an increasing wealth gap, they believe that hasn’t hurt the stock market’s influence especially with stocks held by more individuals.

“The wealth effect from the stock market is unlikely to have fallen substantially over the past 30 years despite the rise in wealth inequality because equity holdings have risen sharply and because equity price moves still have a meaningful effect on the spending of wealthy households,” Struyven said.

Declines in stock prices due still have “a meaningful effect on the spending of wealthy households,” Struyven added. Goldman Sachs’ data shows that “spending on luxury goods largely purchased by wealthy households is highly sensitive to stock prices,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-01-16  Authors: michael sheetz, jamie grill, getty images
Keywords: news, cnbc, companies, wealth, giving, struyven, equity, wealthy, wealthiest, stock, stocks, potentially, holdings, prices, americans, market, bigger, effect


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Target is making a bigger bet on baby

Without Babies R Us, Target sees an opportunity to double down on its own baby business. Walmart rolled out a revamped landing page on its website for baby items. “There is a mom out there that’s registered with Babies R Us, and all the sudden she’s lost,” CMO Mark Tritton told CNBC. Target has said there’s “significant crossover” with the former Babies R Us and current Target shoppers. Even singer Beyonce, also a mom, was spotted in the baby aisles at Target earlier this month, next to the diap


Without Babies R Us, Target sees an opportunity to double down on its own baby business. Walmart rolled out a revamped landing page on its website for baby items. “There is a mom out there that’s registered with Babies R Us, and all the sudden she’s lost,” CMO Mark Tritton told CNBC. Target has said there’s “significant crossover” with the former Babies R Us and current Target shoppers. Even singer Beyonce, also a mom, was spotted in the baby aisles at Target earlier this month, next to the diap
Target is making a bigger bet on baby Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-16  Authors: lauren thomas, source
Keywords: news, cnbc, companies, baby, making, babies, bet, bigger, target, started, selling, diapers, toys, stores, items


Target is making a bigger bet on baby

Without Babies R Us, Target sees an opportunity to double down on its own baby business.

The retailer is expanding its in-house brand Cloud Island, which currently sells items like crib sheets, stuffed animals and baby bath toys, to include essential items like diapers, wipes, toiletries, utensils and bowls. The launch of about 30 new items will go live on Monday, and Target says most goods will be priced under $10 — 30 to 40 percent less expensive than comparable national premium brands.

When Toys R Us liquidated its business last year and shut all of its Babies R Us stores, many retailers saw an opportunity to flood a suddenly underserved market. Walmart rolled out a revamped landing page on its website for baby items. Amazon quietly started selling a new diapers branded Earth + Eden.

Target, meanwhile, had already started to remodel the spaces in its stores where it was selling things like cribs and strollers, putting more of those bulkier items on display and rearranging them so that they were near kids clothing and other overlapping categories. It started letting parents test out more items like car seats in stores before they buy them. And Target says those revamps are leading to sales increases.

“There is a mom out there that’s registered with Babies R Us, and all the sudden she’s lost,” CMO Mark Tritton told CNBC. “We’ve all known how valuable the baby guest is to [Target]. How they shop across the total business … it’s one of our most important guests.”

Target has said there’s “significant crossover” with the former Babies R Us and current Target shoppers. The company added, however, that this has always been a core customer group — even prior to Babies R Us’ struggles — that shops and spends more at Target annually than those people without kids at home.

Even singer Beyonce, also a mom, was spotted in the baby aisles at Target earlier this month, next to the diapers.


Company: cnbc, Activity: cnbc, Date: 2019-01-16  Authors: lauren thomas, source
Keywords: news, cnbc, companies, baby, making, babies, bet, bigger, target, started, selling, diapers, toys, stores, items


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RAM Trucks wants a bigger piece of hot heavy-duty trucks with new Detroit debut

RAM Trucks has stolen the limelight with its 1500 pickup truck in the eyes of many auto industry watchers. U.S. truck sales, especially full-size truck sales are dominated by the three American manufacturers: Ford, General Motors, and Chrysler. “Big trucks were up. Ford has done very well with its Super Duty trucks. So it’s the war of the big trucks this year.”


RAM Trucks has stolen the limelight with its 1500 pickup truck in the eyes of many auto industry watchers. U.S. truck sales, especially full-size truck sales are dominated by the three American manufacturers: Ford, General Motors, and Chrysler. “Big trucks were up. Ford has done very well with its Super Duty trucks. So it’s the war of the big trucks this year.”
RAM Trucks wants a bigger piece of hot heavy-duty trucks with new Detroit debut Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-12  Authors: robert ferris, source
Keywords: news, cnbc, companies, trucks, big, debut, hot, bigger, wants, heavyduty, detroit, truck, payload, duty, mode, ram, ford, work, sales, piece


RAM Trucks wants a bigger piece of hot heavy-duty trucks with new Detroit debut

RAM Trucks has stolen the limelight with its 1500 pickup truck in the eyes of many auto industry watchers. Now it wants to spread a bit of that magic out to larger work pickups.

Fiat Chrysler released an updated lineup of heavy-duty pickups at the Detroit auto show on Monday.

With the new models, RAM is aiming at truck buyers who want to use the truck for work, but also want nice interiors and features that make the truck usable as a family or recreational vehicle on the weekend.

While the trucks have serious towing capability and payload capacity, RAM is also outfitting them with features designed to make the ride as pleasant as possible for drivers. Cabins are equipped with active noise cancellation, anti-vibration devices and acoustic glass.

The truck maker also says it has exclusive rear air suspension that has a special driver-activated Bed Lowering mode, a normal mode for driving with a payload in the bed and a Trailer-Tow Mode.

The introduction of the new vehicles is another shot fired in the ongoing battle between the three big American truck makers.

U.S. truck sales, especially full-size truck sales are dominated by the three American manufacturers: Ford, General Motors, and Chrysler. RAM has historically come in third place in sales, behind Ford and GM.

But bold design choices and upscale, feature-rich interiors have earned RAM’s light duty full-size line, the RAM 1500, has praise from critics and a jump in sales.

“It’s all part of the truck wars,” said Michelle Krebs, executive analyst for Autotrader, a website that connects car buyers and sellers.

Commercial and work-focused trucks and vans were extremely good in 2018, she said. Sales defied Autotrader forecasts by rising instead of falling, in large part because tax reform provided a benefit for businesses to buy vehicles.

“If you looked at the commercial van segment, that was up,” she said. “Big trucks were up. Ford has done very well with its Super Duty trucks. So Ram is looking at doing just as well. And GM is coming out with a new Silverado medium duty and heavy duty this year. So it’s the war of the big trucks this year.”


Company: cnbc, Activity: cnbc, Date: 2019-01-12  Authors: robert ferris, source
Keywords: news, cnbc, companies, trucks, big, debut, hot, bigger, wants, heavyduty, detroit, truck, payload, duty, mode, ram, ford, work, sales, piece


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Chinese growth is more of a concern than the American economy right now, private bank says

The Chinese economy is a bigger worry right now than the U.S. economy, according to an investments expert at a private bank. Still, he ultimately expressed optimism that China’s leaders will keep their economy together. “The Chinese economy is, at the moment, a bigger cause of concern right now compared to the U.S. economy,” Brill told CNBC’s “Squawk Box.” Adding the tariff battle between the two largest economies just means growth will be “a bit more difficult” for Beijing, he noted. “This is s


The Chinese economy is a bigger worry right now than the U.S. economy, according to an investments expert at a private bank. Still, he ultimately expressed optimism that China’s leaders will keep their economy together. “The Chinese economy is, at the moment, a bigger cause of concern right now compared to the U.S. economy,” Brill told CNBC’s “Squawk Box.” Adding the tariff battle between the two largest economies just means growth will be “a bit more difficult” for Beijing, he noted. “This is s
Chinese growth is more of a concern than the American economy right now, private bank says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: everett rosenfeld, lintao zhang, pool, getty images
Keywords: news, cnbc, companies, chinas, brill, cause, bigger, economy, chinese, private, right, concern, american, term, growth, bank, short


Chinese growth is more of a concern than the American economy right now, private bank says

The Chinese economy is a bigger worry right now than the U.S. economy, according to an investments expert at a private bank.

Speaking to CNBC on Friday, Felix Brill, the head of investment solutions at Liechtenstein-based VP Bank, said investors should expect more market volatility due to the ongoing trade war negotiations between Washington and Beijing. Still, he ultimately expressed optimism that China’s leaders will keep their economy together.

“The Chinese economy is, at the moment, a bigger cause of concern right now compared to the U.S. economy,” Brill told CNBC’s “Squawk Box.”

He added that there are “clear signs” that China’s economy is slowing in the short term, and there may be more dragging on the nation as it looks to transition its economic model from one led by exportation to a more consumption-driven approach. Adding the tariff battle between the two largest economies just means growth will be “a bit more difficult” for Beijing, he noted.

But, Brill said, that doesn’t mean China won’t be able to push through those challenges.

“This is some cause for concern in the short term, but I’m confident that the Chinese authorities, again, will step in and implement additional measures to support the economy,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: everett rosenfeld, lintao zhang, pool, getty images
Keywords: news, cnbc, companies, chinas, brill, cause, bigger, economy, chinese, private, right, concern, american, term, growth, bank, short


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