Cramer: Chinese consumers are taking sides in US-China trade war

Chinese consumers are starting to “take sides” as the U.S.-China trade dispute rages on, and that could hamper the success of some U.S. companies, CNBC’s Jim Cramer said Friday. Then, earlier on Friday, Goldman Sachs downgraded the stock of Starbucks, citing “a number of points of caution” in the Chinese market. “We know that the Chinese consumer’s beginning to take sides,” Cramer said on “Mad Money.” But the best ways to gauge trade talk progress in Cramer’s book are what he called “the three A


Chinese consumers are starting to “take sides” as the U.S.-China trade dispute rages on, and that could hamper the success of some U.S. companies, CNBC’s Jim Cramer said Friday. Then, earlier on Friday, Goldman Sachs downgraded the stock of Starbucks, citing “a number of points of caution” in the Chinese market. “We know that the Chinese consumer’s beginning to take sides,” Cramer said on “Mad Money.” But the best ways to gauge trade talk progress in Cramer’s book are what he called “the three A
Cramer: Chinese consumers are taking sides in US-China trade war Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, uschina, china, starting, good, consumers, progress, apple, taking, companies, trade, american, war, chinese, sides, cramer


Cramer: Chinese consumers are taking sides in US-China trade war

Chinese consumers are starting to “take sides” as the U.S.-China trade dispute rages on, and that could hamper the success of some U.S. companies, CNBC’s Jim Cramer said Friday.

Perhaps it already is: U.S. tech giant Apple recently warned that its fiscal first-quarter results would miss expectations due to weaker-than-anticipated iPhone sales in China. Then, earlier on Friday, Goldman Sachs downgraded the stock of Starbucks, citing “a number of points of caution” in the Chinese market.

“We know that the Chinese consumer’s beginning to take sides,” Cramer said on “Mad Money.” “That’s not good news for any American companies that do business over there, even if many of their stocks seem to reflect that we might be getting some progress in the trade talks.”

Cramer was referring to shares of apparel companies like Nike, Lululemon and Tapestry, all of which do business in China but have not seen their sales slow in a material way. Stocks of industrials with ties to the People’s Republic, like Boeing and Deere, an agricultural play that should be suffering from tariffs on U.S. crops, are also holding firm.

“I wonder if the action in Deere is signaling that maybe we’ll get some progress in these Chinese trade talks, or, at the very least, they’ll make a bunch of ag[ricultural] purchases as a show of good faith,” the “Mad Money” host wondered.

But the best ways to gauge trade talk progress in Cramer’s book are what he called “the three As”: American Express, Apple and aerospace.

If American Express is able to get a license to operate in China, that will signal that China is ready to embrace the U.S. financial sector, Cramer explained. If the Chinese government “starts making nice” with Apple, that would also be “very positive,” he said, much better than the news of iPhone price slashes in China that made waves Friday.

“But the most important show of good faith would be for China Airlines to place a gigantic order of planes with Boeing, an order that would reverberate throughout the entire aerospace complex, including Honeywell, United Technologies, and GE, … which is finally starting to [trade] like an aerospace and industrial stock again,” Cramer said.

For now, though, the “winners and losers in China” are starting to emerge, and there’s no denying that “the Chinese economy’s gotten pretty tricky here, especially for American companies,” he said.

“Frankly, China’s become unfathomable at the moment. We have no idea [what] their government’s doing, what it’s thinking,” Cramer said. “Maybe it’s darkest before the dawn, but I’d argue it’s ill-advised to predict the dawn until we’re further along into the night.”

Stocks sank in Friday’s trading session as worries about an economic slowdown in China took hold. For a timeline of the trade war and tariff exchanges between U.S. and Chinese trade authorities, click here.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, uschina, china, starting, good, consumers, progress, apple, taking, companies, trade, american, war, chinese, sides, cramer


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New tricks for raising your credit score are on their way

Credit scores have been steadily rising since the Great Recession, averaging over 700 for the first time ever. Credit scores, notably those from FICO, one of the largest credit scoring companies, range from 300 to 850. Recently, Experian announced a program called Experian Boost rolling out this year that allows consumers to influence their credit scores by showing on-time payments for utilities, phones and cable TV. If you agree to give Experian permission to access your bank accounts, it can f


Credit scores have been steadily rising since the Great Recession, averaging over 700 for the first time ever. Credit scores, notably those from FICO, one of the largest credit scoring companies, range from 300 to 850. Recently, Experian announced a program called Experian Boost rolling out this year that allows consumers to influence their credit scores by showing on-time payments for utilities, phones and cable TV. If you agree to give Experian permission to access your bank accounts, it can f
New tricks for raising your credit score are on their way Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: jessica dickler, sharon epperson, megan leonhardt
Keywords: news, cnbc, companies, good, way, experian, accounts, million, raising, score, points, payments, program, scores, tricks, credit


New tricks for raising your credit score are on their way

Credit scores have been steadily rising since the Great Recession, averaging over 700 for the first time ever. But if you’re not there yet, there is good news.

New criteria will weigh how you manage the cash in your checking and savings accounts, which means the good financial habits you practice today can have a direct effect on your score. Some of the mistakes that may have dogged you in the past will have less of an impact on your creditworthiness.

Credit scores, notably those from FICO, one of the largest credit scoring companies, range from 300 to 850. The three-digit number is designed to predict risk — specifically, the likelihood that you will become seriously delinquent on your credit obligations or default.

That score plays a big role in your daily life. It can determine the interest rate on your credit cards, car loan and mortgage — or whether you can get a loan at all.

Recently, Experian announced a program called Experian Boost rolling out this year that allows consumers to influence their credit scores by showing on-time payments for utilities, phones and cable TV.

If you agree to give Experian permission to access your bank accounts, it can factor those payments into your credit history, immediately improving your score. (You can sign up now for Experian Boost to get early access to the program.)

Roughly 8 million people could potentially move into the fair (580-669) or good (670-739) credit ranges under the new system, according to research by Experian.

That’s on the heels of another pilot program set to roll out this year from FICO, called UltraFICO. It’s designed to give people with dings on their credit histories a chance to have their banking activity considered as well, including how long accounts have been open and evidence of saving.

Close to 4 million consumers could see an increase of 20 points or more under that new plan, according to David Shellenberger, senior director of scores and predictive analytics at FICO.

And because of improved standards for utilizing new and existing public records implemented last year, the three major credit reporting companies are now excluding all tax liens from credit reports. That also sent some scores higher, for some by as much as 30 points.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: jessica dickler, sharon epperson, megan leonhardt
Keywords: news, cnbc, companies, good, way, experian, accounts, million, raising, score, points, payments, program, scores, tricks, credit


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5 historic global shifts that could turn 2019 into a treacherous year

That’s a good metaphor for a year during which volatility may be the only certainty for policy makers, business leaders and investors. Yet risks lurk behind every global corner. Will the Trump growth story turn belly up in the face of domestic turbulence: the Mueller investigation, the threat of impeachment and Fed interest rate policy? A good many experts have already provided their “top ten” for 2019. Rather than add my own, here instead are five historic inflection points to watch, a handful


That’s a good metaphor for a year during which volatility may be the only certainty for policy makers, business leaders and investors. Yet risks lurk behind every global corner. Will the Trump growth story turn belly up in the face of domestic turbulence: the Mueller investigation, the threat of impeachment and Fed interest rate policy? A good many experts have already provided their “top ten” for 2019. Rather than add my own, here instead are five historic inflection points to watch, a handful
5 historic global shifts that could turn 2019 into a treacherous year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: fred kempe, technotr, getty images
Keywords: news, cnbc, companies, good, months, policy, global, 2019, historic, turn, treacherous, shifts, risks, growing, trade, skiers, ski, trump


5 historic global shifts that could turn 2019 into a treacherous year

Fresh back in D.C. from a Colorado ski vacation, it strikes me that the treacherous year ahead that we confront – littered with political, economic and security risks – presents all the challenges of a double black diamond ski run.

Those slopes are signposted as such to warn skiers of an approaching terrain that is steeper, narrower, and bumpier than all but the most expert skiers can navigate, made even more unpredictable by frequent weather changes. Their bone-rattling obstacles are seen (trees) and unseen (snow-covered boulders).

That’s a good metaphor for a year during which volatility may be the only certainty for policy makers, business leaders and investors. That may be good news for the ilk of hedge funds that are designed to capitalize from price swings, and thus this could be a bumper year for them. For most of the rest of us, expect months of handwringing and headaches.

The first few days of 2019 have already set the tone.

Stock markets have sunk and soared in the first days of trading, falling on growing fears of a global slowdown and the economic hit of U.S.-Chinese trade tensions, only to rise again on good U.S. job numbers or encouraging Trump tweets. Yet risks lurk behind every global corner.

Will the Trump growth story turn belly up in the face of domestic turbulence: the Mueller investigation, the threat of impeachment and Fed interest rate policy? Will the United Kingdom crash out of the European Union or remain through a “peoples vote”? Will the U.S.-China trade fight end in a deal or escalate into something worse? Does U.S. troop withdrawal from Syria signal a less predictable U.S. ally?

And so on.

The list of risks is a growing one. A good many experts have already provided their “top ten” for 2019. Rather than add my own, here instead are five historic inflection points to watch, a handful of history-bending shifts this column will track in the months ahead.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: fred kempe, technotr, getty images
Keywords: news, cnbc, companies, good, months, policy, global, 2019, historic, turn, treacherous, shifts, risks, growing, trade, skiers, ski, trump


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Cramer’s lightning round: The Fed makes me nervous about this best-in-show stock

I don’t think they’re going to in the near future, but I’ve got to tell you, it makes me nervous.” They’re good. They’re good, they’re not great. I’m saying buy, buy, buy. Ladder Capital Corp.: “Look, if I’m going to buy one of these companies, I’m going to buy Starwood, with [CEO] Barry Sternlicht.


I don’t think they’re going to in the near future, but I’ve got to tell you, it makes me nervous.” They’re good. They’re good, they’re not great. I’m saying buy, buy, buy. Ladder Capital Corp.: “Look, if I’m going to buy one of these companies, I’m going to buy Starwood, with [CEO] Barry Sternlicht.
Cramer’s lightning round: The Fed makes me nervous about this best-in-show stock Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-10  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, nervous, cramers, im, tell, good, going, stock, think, buy, theyre, ive, fed, round, thats, lightning, makes, bestinshow


Cramer's lightning round: The Fed makes me nervous about this best-in-show stock

Cleveland-Cliffs Inc.: “The company’s best in show, but I’ve got to tell you, the stock is not going to be a good stock if the Fed tightens again. I don’t think they’re going to in the near future, but I’ve got to tell you, it makes me nervous.”

Sina Corp.: “I don’t really care about where a stock has been. I care where it’s going. I think this stock is bottoming, but I do want you to scale out on the way up because I cannot recommend any Chinese stocks because, if the trade talks break down, you’re going to end up getting hurt.”

Public Service Enterprise Group Inc.: “I think it’s a good one. I happen to like AEP, American Electric Power, a little bit more. I write a check every month to these guys at Public Service. They’re good. They’re good, they’re not great. Not a great grower, not that bad.”

Annaly Capital Management: “Annaly did another equity offering. That’s what they do, they do these equity offerings and then they give you a good dividend. I like growth and dividend. I’m going to say no to Annaly.”

Tandem Diabetes Care Inc.: “Tandem’s very good, but we had Dexcom on last night and I’m not deviating. I think Dexcom is best in show. That’s the one to buy.”

Take-Two Interactive Software Inc.: “Buy. Buy. I think, of the ones that are out there, it’s got the better momentum, better than EA. I’ve got to tell you — I never thought I’d say this — but it’s much better than Activision. And I think that Grand Theft Auto’s still terrific. Red Dead is really good. I’m saying buy, buy, buy. Buy some and then buy some after they report.”

Ladder Capital Corp.: “Look, if I’m going to buy one of these companies, I’m going to buy Starwood, with [CEO] Barry Sternlicht. That’s the only one I’m recommending in the group.”


Company: cnbc, Activity: cnbc, Date: 2019-01-10  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, nervous, cramers, im, tell, good, going, stock, think, buy, theyre, ive, fed, round, thats, lightning, makes, bestinshow


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Stocks gain under the ‘first five days’ rule, setting up for a good 2019 performance

Therefore, this year’s early January performance could be a good omen. Stocks finished Tuesday with a gain, with the S&P 500 up 2.6 percent at 2,574, in the first five days of the year. “Positive investor and trader behavior at the beginning of the year shows that there are good economic and market readings out there,” said Jeff Hirsch, the editor-in-chief of Stock Trader’s Almanac. A solid first five days is a good start to the month of January, which also is its own market barometer or perform


Therefore, this year’s early January performance could be a good omen. Stocks finished Tuesday with a gain, with the S&P 500 up 2.6 percent at 2,574, in the first five days of the year. “Positive investor and trader behavior at the beginning of the year shows that there are good economic and market readings out there,” said Jeff Hirsch, the editor-in-chief of Stock Trader’s Almanac. A solid first five days is a good start to the month of January, which also is its own market barometer or perform
Stocks gain under the ‘first five days’ rule, setting up for a good 2019 performance Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: patti domm
Keywords: news, cnbc, companies, stocks, shows, days, rule, performance, good, sp, higher, setting, market, stock, gain, 2019, traders


Stocks gain under the 'first five days' rule, setting up for a good 2019 performance

Stocks jump on renewed optimism for a US-China trade deal—here’s what five experts say to watch next 17 Hours Ago | 03:07

When stocks bounce at the beginning of the year, history shows the market is more often up than down at year-end.

Therefore, this year’s early January performance could be a good omen.

Stocks finished Tuesday with a gain, with the S&P 500 up 2.6 percent at 2,574, in the first five days of the year. Stock Trader’s Almanac has studied the “first five days” phenomena going back to 1950 and finds that when stocks finish that period higher, the S&P 500 has been positive 82 percent of the time at year-end with an average gain of 13.3 percent.

“Positive investor and trader behavior at the beginning of the year shows that there are good economic and market readings out there,” said Jeff Hirsch, the editor-in-chief of Stock Trader’s Almanac.

A solid first five days is a good start to the month of January, which also is its own market barometer or performance predictor. A higher January should mean a higher year, and that’s the thinking behind the Wall Street saying: “So goes January, so goes the year.”

Hirsch said the market has even better odds of doing well if January is positive, the first five days are higher and there was a Santa rally in the period that includes the last five trading days of the prior year and first two of the new year. Last month, the Santa rally resulted in a 1.3 percent gain in the S&P 500.

Last year’s market had all three of those things going for it, but still the S&P still ended down 6.6 percent for the year after a turbulent fourth quarter.


Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: patti domm
Keywords: news, cnbc, companies, stocks, shows, days, rule, performance, good, sp, higher, setting, market, stock, gain, 2019, traders


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December jobs report: Growth is strong, but a slowdown may be coming

There’s more good news for those looking to change jobs in 2019, but the time to act is now. Overall, the economy remains in good shape for those looking for new opportunities, with 312,000 jobs added in December, according to the latest report released today by the Bureau of Labor Statistics. That number is actually higher than the roughly 176,000 jobs that economists had expected. He adds that while the current jobs report does provide some measure of comfort, job seekers should be mindful of


There’s more good news for those looking to change jobs in 2019, but the time to act is now. Overall, the economy remains in good shape for those looking for new opportunities, with 312,000 jobs added in December, according to the latest report released today by the Bureau of Labor Statistics. That number is actually higher than the roughly 176,000 jobs that economists had expected. He adds that while the current jobs report does provide some measure of comfort, job seekers should be mindful of
December jobs report: Growth is strong, but a slowdown may be coming Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: courtney connley, jose luis pelaez, getty images, ben stansall
Keywords: news, cnbc, companies, good, growth, report, possible, looking, economy, job, 2019, coming, jobs, labor, strong, hamrick, slowdown


December jobs report: Growth is strong, but a slowdown may be coming

There’s more good news for those looking to change jobs in 2019, but the time to act is now.

Overall, the economy remains in good shape for those looking for new opportunities, with 312,000 jobs added in December, according to the latest report released today by the Bureau of Labor Statistics. That number is actually higher than the roughly 176,000 jobs that economists had expected.

Unemployment also rose from 3.7 percent to 3.9 percent, as more workers joined the labor force. Additionally, wages increased by 3.2 percent from a year ago, putting wage growth at a tie with October for the largest year-over-year increase since April 2009.

“When we look at the job market, it’s a bit of a counterpoint to the tremendous amount of volatility we see elsewhere in the economy, and essentially in society,” Bankrate.com senior economic analyst Mark Hamrick tells CNBC Make It.

He adds that while the current jobs report does provide some measure of comfort, job seekers should be mindful of a possible hiring slowdown due to risk factors like rising interest rates, trade war tensions and a low stock market.

Below, Hamrick and Glassdoor chief economist Andrew Chamberlain break down how you should best prepare for possible changes in 2019.


Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: courtney connley, jose luis pelaez, getty images, ben stansall
Keywords: news, cnbc, companies, good, growth, report, possible, looking, economy, job, 2019, coming, jobs, labor, strong, hamrick, slowdown


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Cramer’s lightning round: ‘Do some trimming’ in Qualcomm if the stock rallies

So as it rallies, and it can, I’d do a little trimming.” Momo Inc.: “Momo? It’s a Chinese stock. I mean, hey, listen: we’re having a trade war to end all trade wars with the Chinese and you want some Momo? They should be the big beneficiary of all the Chinese turmoil, Huawei, but they’re not, and that’s because they’re not that good a company.


So as it rallies, and it can, I’d do a little trimming.” Momo Inc.: “Momo? It’s a Chinese stock. I mean, hey, listen: we’re having a trade war to end all trade wars with the Chinese and you want some Momo? They should be the big beneficiary of all the Chinese turmoil, Huawei, but they’re not, and that’s because they’re not that good a company.
Cramer’s lightning round: ‘Do some trimming’ in Qualcomm if the stock rallies Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, theyre, good, cramers, stock, round, chinese, trade, say, lightning, rallies, think, theyve, qualcomm, trimming, money, momo


Cramer's lightning round: 'Do some trimming' in Qualcomm if the stock rallies

Qualcomm Inc.: “Look, it yields 4 [percent]. I think they have the money. They can’t lose the lawsuit to Apple. The problem is that, man, you are in cellphone hell, and I don’t want you there because that is the house of pain. So as it rallies, and it can, I’d do a little trimming.”

Momo Inc.: “Momo? No no. That is exactly the kind of stock I don’t want you in. It’s a Chinese stock. I mean, hey, listen: we’re having a trade war to end all trade wars with the Chinese and you want some Momo? I say ix-nay.”

Ciena Corp.: “[CEO] Gary Smith used to come on this show and I so enjoyed it. He’s doing such a good job. Ciena is really kicking butt here. I think that Gary should come back on. Ciena had a monster good quarter.”

AbbVie Inc.: “I think AbbVie has to do exactly what Bristol-Myers did. They’ve got to find a partner because they’ve got too much money in one drug, Humira. Now, I will say this: AbbVie’s a well-run company. So was Bristol. But they needed to do a deal. I bet you we talk about that next week [at J.P. Morgan’s annual Healthcare Conference].”

Telefonaktiebolaget LM Ericsson: “Ericsson should be kicking butt here and they’re not. They should be the big beneficiary of all the Chinese turmoil, Huawei, but they’re not, and that’s because they’re not that good a company. What a judgment.”


Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, theyre, good, cramers, stock, round, chinese, trade, say, lightning, rallies, think, theyve, qualcomm, trimming, money, momo


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Good companies often make bad investments, study shows

“Despite these concerns, the market has rewarded value investing and other strategies … that rely on buying what other investors are avoiding.” For instance, hordes of investors may find equity of larger companies more attractive than that of smaller companies because of risk and liquidity concerns. But all of that information is public: Great companies are often overvalued simply because they are great companies. The researchers studied a number of factors that make stocks popular, including


“Despite these concerns, the market has rewarded value investing and other strategies … that rely on buying what other investors are avoiding.” For instance, hordes of investors may find equity of larger companies more attractive than that of smaller companies because of risk and liquidity concerns. But all of that information is public: Great companies are often overvalued simply because they are great companies. The researchers studied a number of factors that make stocks popular, including
Good companies often make bad investments, study shows Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: thomas franck, adam jeffery
Keywords: news, cnbc, companies, investments, companies, researchers, investors, reputation, shows, competitive, stocks, brand, value, market, bad, advantage, study, good


Good companies often make bad investments, study shows

A good reputation, strong competitive advantage and popular brands may not only be hallmarks of any healthy Wall Street company, but also a sign of a poor investment idea, researchers at CFA Institute and Morningstar found.

Securities with popular, desirable traits generate lower expected returns, while those with more unpopular, undesirable traits receive higher expected returns, the study found. While that may sound counterintuitive to many investors, the stock market often assumes that any effect from a stellar reputation or large market capitalization has already occurred and is valued to reflect such characteristics.

“Assets are priced not only by their expected cash flows but also by the popularity of the other characteristics associated with the company or security,” wrote Yale finance professor Roger Ibbotson and Morningstar researchers Thomas Idzorek, Paul Kaplan and James Xiong. “Despite these concerns, the market has rewarded value investing and other strategies … that rely on buying what other investors are avoiding.”

For instance, hordes of investors may find equity of larger companies more attractive than that of smaller companies because of risk and liquidity concerns. Some may be drawn to companies with excellent reputations or brands. But all of that information is public: Great companies are often overvalued simply because they are great companies.

The researchers studied a number of factors that make stocks popular, including perceived brand value, competitive advantage and reputation.

Of the 75 to 100 stocks studied based on brand value (as determined by third-party consultancy Interbrand), the those in the lowest 25 percent greatly outperform those stocks in the highest 25 percent between April 2000 and August 2017. The top companies by brand value in 2000 — including household names like Coca-Cola, Microsoft, IBM Intel, Nokia, GE and Ford — all fell in rating by 2017, with new leaders like Apple, Google and Amazon making the list.

Source: “Popularity: A Bridge between Classical and Behavioral Finance;” Ibbotson, Idzorek, Kaplan & Xiong .

Of the brands studied, those in the lowest brand value quartile over those years returned 13.5 percent annually versus 7.3 percent for the top 25 percent of brands (with monthly rebalancing back to equal weights).

The researchers found similar results based on competitive advantage, or “economic moat,” which estimates a company’s advantages based on intangible assets, cost cutting and networking effects.

Starting in July 2002, the researchers placed each stock in Morningstar’s universe of 1,039 with moat ratings. Noting that many investors prefer companies they consider to exhibit strong competitive advantage, the researchers found that these stocks tend to be some of the most popular.

Despite that popularity, they found that the companies with zero- or near-zero competitive moat produced the “most superior” mean returns, albeit with more risk.

“Competitive sustainable advantage, brand power, and company reputation should already be baked into the price in a rationally efficient market and, therefore, should not be important to a rational investor who only cares about risk and return,” Ibbotson and his colleagues wrote.

“Assuming that a powerful brand, a sustainable competitive advantage, and a good reputation are characteristics that investors like or admire, from the popularity perspective, some investors (the willing or unknowing losers) are simply willing to give up some level of return or overpay for a characteristic they like,” they added.

The researchers also tested stock returns based on popular opinion, or how members of the general public rank U.S. companies with the best and worst reputations. Again, stocks with the lowest reputation rankings (i.e., least popular) outperformed those ranked higher, with statistically significant returns.

Of the companies studied, those that ranked in the bottom quartile of reputation between 2000 and 2017 returned a mean of 14 percent versus a mean return of 8.4 percent for the companies in the top reputation quartile.

“Investing in unpopular assets is hard. First, they are typically unpopular for a reason. Mounting losses instead of bountiful profits, declining market share or a shrinking market for one’s product, an unusual loading of debt, and other characteristics that drive investors away are often indicators of continued poor performance rather than of what one value manager optimistically calls ‘troubles that are temporary,'” the researchers concluded. “Any strategy or factor that is widely enough used will fail.”


Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: thomas franck, adam jeffery
Keywords: news, cnbc, companies, investments, companies, researchers, investors, reputation, shows, competitive, stocks, brand, value, market, bad, advantage, study, good


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Cathay Pacific makes good on first-class ticket blunder

Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New Year’s Day. The tickets are for flights from Vietnam to New York on Cathay Pacific for around $675 return instead of about $16,000 normally. Online flight blogs and forums have been active with discussion on the deals since the error, with posts wagering on whether Cathay would honour the ticket fares. The ticke


Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New Year’s Day. The tickets are for flights from Vietnam to New York on Cathay Pacific for around $675 return instead of about $16,000 normally. Online flight blogs and forums have been active with discussion on the deals since the error, with posts wagering on whether Cathay would honour the ticket fares. The ticke
Cathay Pacific makes good on first-class ticket blunder Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-03  Authors: anthony wallace, afp, getty images
Keywords: news, cnbc, companies, special, honour, firstclass, error, pacific, good, ticket, cathay, ticketing, makes, million, mistake, carrier, blunder


Cathay Pacific makes good on first-class ticket blunder

Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New Year’s Day.

The Hong Kong-based carrier acknowledged the error on its twitter feed on Wednesday, stating “we made a mistake but we look forward to welcoming you on board with your ticket issued. Hope this will make your 2019 special too!”

The tickets are for flights from Vietnam to New York on Cathay Pacific for around $675 return instead of about $16,000 normally.

With the hashtags “Promisemadepromisekept” and “lessonlearnt” the carrier said it would maintain the economy fares.

The fares were not available on Cathay’s website on Thursday.

Online flight blogs and forums have been active with discussion on the deals since the error, with posts wagering on whether Cathay would honour the ticket fares.

Flyer Talk Evangelist wrote “Nobody here has noticed the hot mistake fare? … Has been going on for hours. Wanna bet on the odd CX would honour this?”

The ticketing error caps a tough year for Cathay. The carrier has come under mounting criticism after it said in October that about 9.4 million passengers’ personal data had been accessed without authorisation, seven months after it became aware of the breach.

The airline said it has spent over $127.7 million on IT infrastructure and security over the past three years.


Company: cnbc, Activity: cnbc, Date: 2019-01-03  Authors: anthony wallace, afp, getty images
Keywords: news, cnbc, companies, special, honour, firstclass, error, pacific, good, ticket, cathay, ticketing, makes, million, mistake, carrier, blunder


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Tesla’s not-so-happy start to the new year

Sometimes you can’t get enough good news. Just ask Tesla investors who began 2019 by hammering the automaker’s stock over the first two trading days of the year. Tesla shares tumbled 9.7 percent Wednesday and Thursday — despite closing out 2018 with record sales and production numbers. Investors appeared to be focusing more on potential roadblocks that could be lying in wait, including a flood of new competition and the phase-out of the federal tax credits that offset the cost of Tesla’s battery


Sometimes you can’t get enough good news. Just ask Tesla investors who began 2019 by hammering the automaker’s stock over the first two trading days of the year. Tesla shares tumbled 9.7 percent Wednesday and Thursday — despite closing out 2018 with record sales and production numbers. Investors appeared to be focusing more on potential roadblocks that could be lying in wait, including a flood of new competition and the phase-out of the federal tax credits that offset the cost of Tesla’s battery
Tesla’s not-so-happy start to the new year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-03  Authors: paul a eisenstein, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, teslas, good, notsohappy, analysts, 2019, start, production, companys, yeartesla, 2018, musk, investors, ceo


Tesla's not-so-happy start to the new year

Sometimes you can’t get enough good news. Just ask Tesla investors who began 2019 by hammering the automaker’s stock over the first two trading days of the year.

Tesla shares tumbled 9.7 percent Wednesday and Thursday — despite closing out 2018 with record sales and production numbers.

Investors appeared to be focusing more on potential roadblocks that could be lying in wait, including a flood of new competition and the phase-out of the federal tax credits that offset the cost of Tesla’s battery-electric vehicles. It didn’t help that the company’s fourth-quarter deliveries — the number of cars delivered to customers — were released Wednesday and narrowly missed what analysts had been expecting for the final quarter of the year.

Tesla CEO Elon Musk marked the end of the year by tweeting congratulations to his team, and few would doubt they deserved his good words, since 2018 was a challenging year for the automaker. It started out with what Musk had dubbed “production hell” at the company’s Fremont, California, assembly plant and saw the South African-born CEO himself create a series of crises, among other things, by claiming he had come up with a plan to take the company private. Now, the question is what will 2019 bring? And there, investors and analysts seem to disagree about whether the glass is half-empty or half-full.


Company: cnbc, Activity: cnbc, Date: 2019-01-03  Authors: paul a eisenstein, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, teslas, good, notsohappy, analysts, 2019, start, production, companys, yeartesla, 2018, musk, investors, ceo


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