Elizabeth Warren releases doctor’s note describing good health as voters weigh ages of 2020 presidential contenders

Sen. Elizabeth Warren released a doctor’s note on Friday saying that the 70-year-old progressive is in good health, as voters consider the vitality of her and her fellow septuagenarians vying for the Democratic nomination. The clean bill of health comes as voters consider whether the race’s oldest contenders are up to the grueling task of running the country. About one sixth of voters are concerned about his age, according to the Los Angeles Times poll. Sanders made public a doctor’s note during


Sen. Elizabeth Warren released a doctor’s note on Friday saying that the 70-year-old progressive is in good health, as voters consider the vitality of her and her fellow septuagenarians vying for the Democratic nomination.
The clean bill of health comes as voters consider whether the race’s oldest contenders are up to the grueling task of running the country.
About one sixth of voters are concerned about his age, according to the Los Angeles Times poll.
Sanders made public a doctor’s note during
Elizabeth Warren releases doctor’s note describing good health as voters weigh ages of 2020 presidential contenders Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: tucker higgins
Keywords: news, cnbc, companies, good, releases, times, president, presidential, voters, weigh, note, health, warren, elizabeth, medical, release, trump, doctors, concerned


Elizabeth Warren releases doctor's note describing good health as voters weigh ages of 2020 presidential contenders

Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks to guests during a campaign stop at the Val Air Ballroom on November 25, 2019 in West Des Moines, Iowa.

Sen. Elizabeth Warren released a doctor’s note on Friday saying that the 70-year-old progressive is in good health, as voters consider the vitality of her and her fellow septuagenarians vying for the Democratic nomination.

“Senator Warren is in excellent health and has been throughout the 20 years I have served as her physician,” Beverly Woo, an associate professor of medicine at Harvard Medical School, wrote in a letter dated Wednesday and obtained by NBC News.

Woo wrote that there are “no medical conditions or health problems that would keep her from fulfilling the duties of the President of the United States.”

The memo noted that Warren has never smoked, used drugs or had a problem with alcohol, and that she exercises regularly and eats healthfully. Her only medical condition, hypothyroidism, is being treated by a daily dose of levothyroxine. Blood tests in January, taken at her most recent physical, came back normal.

The clean bill of health comes as voters consider whether the race’s oldest contenders are up to the grueling task of running the country.

A survey conducted for The Los Angeles Times and released on Thursday showed that a third of voters are concerned that Sen. Bernie Sanders, I-Vt. and former Vice President Joe Biden could be hampered in the job because of their ages.

Sanders, 78, and Biden, 77, lead Warren in support in national surveys. But voters are less concerned about Warren’s health.

Only 7% of voters told the pollsters conducting the survey they shared the same concerns about her. Warren has made a show of her endurance during the race, frequently spending hours on her feet after campaign events taking photos and chatting with supporters.

Michael Bloomberg, the former mayor of New York who entered the primary contest last month, is 77. About one sixth of voters are concerned about his age, according to the Los Angeles Times poll.

Sanders, Biden and Bloomberg did not immediately respond to requests for comment.

Biden has said that he will release his medical records before votes are cast, and has criticized those who have questioned his vigor, challenging one Iowa voter to pushup and IQ contests on Thursday.

Sanders, who was hospitalized in October after a heart attack, has said he will release his medical records by year’s end. Sanders made public a doctor’s note during his 2016 run that pronounced him to be in good shape.

President Donald Trump, who is 73, has had numerous physicals while in office. In February, his physician said that Trump was in “very good health.” (Trump was 72 at the time.)

In November, the president made an unannounced visit to Walter Reed National Military Medical Center that the White House said was the first part of his routine annual physical.

The White House did not release details about the visit, but press secretary Stephanie Grisham said following the examination that Trump was healthy, “as demonstrated by his repeated vigorous rally performances in front of thousands of Americans several times a week.”


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: tucker higgins
Keywords: news, cnbc, companies, good, releases, times, president, presidential, voters, weigh, note, health, warren, elizabeth, medical, release, trump, doctors, concerned


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Read the full list of proposed US tariffs on French goods

cows milk, nesoi, o/0.5% by wt. cows milk, nesoi, o/0.5% by wt. 4Cheddar cheese, nesoi, subject to add. 4Edam and gouda cheese, nesoi, subject to add. 4Romano, Reggiano, Parmesan, Provolone, and Provoletti cheese, nesoi, from cow’s milk, subject to add.


cows milk, nesoi, o/0.5% by wt.
cows milk, nesoi, o/0.5% by wt.
4Cheddar cheese, nesoi, subject to add.
4Edam and gouda cheese, nesoi, subject to add.
4Romano, Reggiano, Parmesan, Provolone, and Provoletti cheese, nesoi, from cow’s milk, subject to add.
Read the full list of proposed US tariffs on French goods Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: silvia amaro
Keywords: news, cnbc, companies, shoulder, note, nesoi, proposed, add, goods, surface, french, subject, read, cheese, tariffs, china, list, milk


Read the full list of proposed US tariffs on French goods

A picture taken on october 18, 2019 shows AOP (Appellation d’Origine Protegee – Protected Designation of Origin) cheese during the AOP fair in front of the Hotel de Ville in Paris.

Cheese, makeup, handbags and France’s treasured Champagne are just some of the goods that could see tariffs of up to 100% from the United States.

The U.S. Trade Representative announced Monday that France’s tax on digital companies is “inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies.”

As a result, the U.S. said the following French products could be slapped with increased levies:

Yogurt, not in dry form, whether or not flavored or containing add fruit or cocoa

Whey protein concentrates

Butter subject to quota pursuant to chapter 4 additional US note 6

Butter not subject to general note 15 and in excess of quota in chapter 4 additional U.S. note 6

Fats and oils derived from milk, other than butter or dairy spreads, subject to quota pursuant to chapter 4 additional US note 14

Fresh cheese, and substitutes for cheese, cont. cows milk, nesoi, o/0.5% by wt. of butterfat, descr in add US note 16 to Ch 4, not GN15

Fresh cheese, and substitutes for cheese, cont. cows milk, nesoi, o/0.5% by wt. of butterfat, not descr in add US note 16 to Ch 4, not GN 15

Fresh cheese, and substitutes for cheese, not cont. cows milk, nesoi, o/0.5% by wt. of butterfat

Roquefort cheese, grated or powdered

Edam and gouda cheese, processed, not grated or powdered, not subject to gen note 15 or add. US note 20 to Ch. 4

Gruyere-process cheese, processed, not grated or powdered, subject to add. US note 22 to Ch. 4

Gruyere-process cheese, processed, not grated or powdered, not subject to gen note 15 or add. US note 22 to Ch. 4

Processed cheese (incl. mixtures), nesoi, w/cow’s milk, not grated or powdered, subject to add US note 16 to Ch. 4, not GN15

Blue-veined cheese, nesoi, in original loaves, subject to add. US note 17 to Ch. 4

Cheddar cheese, nesoi, subject to add. US note 18 to Ch. 4

Cheddar cheese, nesoi, not subject to gen. note 15 of the HTS or to add. US note 18 to Ch. 4

Edam and gouda cheese, nesoi, subject to add. US note 20 to Ch. 4

Romano, Reggiano, Parmesan, Provolone, and Provoletti cheese, nesoi, from cow’s milk, subject to add. US note 21 to Ch. 4

Romano, Reggiano, Parmesan, Provolone, and Provoletti cheese, nesoi, from cow’s milk, not subj to GN 15 or Ch4 US note 21

Swiss or Emmentaler cheese with eye formation, nesoi, subject to add. US note 25 to Ch. 4

Swiss or Emmentaler cheese with eye formation, nesoi, not subject to gen. note 15 or to add. US note 25 to Ch. 4

Cheeses, nesoi, from sheep’s milk in original loaves and suitable for grating

Pecorino cheese, from sheep’s milk, in original loaves, not suitable for grating

Cheeses & subst. for cheese (incl. mixt.), nesoi, w/ or from swiss, emmentaler or gruyere, subj. to add. US note 22 to Ch.4, not GN15

Cheeses & subst. for cheese (incl. mixt.), nesoi, w/cows milk, w/butterfat o/0.5% by wt, subject to Ch 4 US note 16 (quota)

Cheeses & subst. for cheese (incl. mixt.), nesoi, w/cows milk, w/butterfat o/0.5% by wt, not subject to Ch4 US note 16, not GN15

Cheeses & subst. for cheese (incl. mixt.), nesoi, w/o cows milk, w/butterfat o/0.5% by wt, not GN15

Sparkling wine, made from grapes

Lip make-up preparations

Eye make-up preparations

Manicure or pedicure preparations

Beauty or make-up powders, whether or not compressed

Beauty or make-up preparations & preparations for the care of the skin, excl. medicaments but incl. sunscreen or sun tan preparations, nesoi

Castile soap in the form of bars, cakes or molded pieces or shapes

Soap, nesoi; organic surface-active products used as soap, in bars, cakes,

pieces, soap-impregnated paper, wadding, felt, for toilet use

Soap; organic surface-active products used as soap, in bars, cakes, pieces;

soap-impregnated paper, wadding, felt, not for toilet use

Soap, not in the form of bars, cakes, molded pieces or shapes

Organic surface-active products for wash skin, in liquid or cream, contain any aromatic/mod aromatic surface-active agent, put up for retail

Organic surface-active products and preparations for washing the skin, in liquid or cream form, put up for retail sale, nesoi

Handbags, with or without shoulder strap or without handle, with outer surface of reptile leather

Handbags, with or without shoulder strap or without handle, with outer surface of leather, composition or patent leather, nesoi, n/o $20 ea.

Handbags, with or without shoulder strap or without handle, with outer surface of leather, composition or patent leather, nesoi, over $20 ea.

Handbags, with or without shoulder straps or without handle, with outer surface of sheeting of plastics

Handbags with or without shoulder strap or without handle, with outer surface of textile materials, wholly or in part of braid, nesoi

Handbags with or without shoulder strap or without handle, with outer surface of cotton, not of pile or tufted construction or braid

Handbags with or w/o shoulder strap or w/o handle, outer surface of veg. fibers, exc. cotton, not of pile or tufted construction or braid

Handbags with or w/o shoulder strap or w/o handle, with outer surface containing 85% or more of silk, not braided

Handbags with or without shoulder strap or without handle, with outer surface of MMF materials

Handbags with or without shoulder strap or without handle, with outer surface of textile materials nesoi

Porcelain or china hotel, restaurant & nonhousehold table and kitchenware

Bone china household table & kitchenware valued n/o $31.50/doz. pcs.

Bone china household table & kitchenware valued o/$31.50/doz. pcs.

Porcelain or china (o/than bone china) househld tabl. & kitch.ware in sets in which aggregate val. of arts./US note 6(b) n/o $56

Porcelain or china (o/than bone china) househld tabl. & kitch.ware in sets in which aggregate val. of arts./US note 6(b) o/$56 n/o $200

Porcelain or china (o/than bone china) househld tabl. & kitch.ware in sets in which aggregate val. of arts./US note 6(b) o/$200

Porcelain or china (o/than bone china) hsehld steins w/pewter lids, decanters, punch bowls, spoons & rests, salt/pepper sets, etc.

Porcelain or china (o/than bone china) household mugs and steins w/o attached pewter lids

Porcelain or china (o/than bone china) hsehld tabl/kit.ware n/in specif.sets,cups o/$8 but n/o $29/dz, saucers o/$5.25 but n/o $18.75/dz, etc.

Porcelain or china (o/than bone china) hsehld tabl/kit ware n/in specif. sets, cups o/$29/dz, saucers o/$18.75/dz, bowls o/$33/dz, etc.

Porcelain or china (o/than bone china) household serviette rings

Porcelain or china (o/than bone china) household tableware & kitchenware, not in specified sets, nesoi

Porcelain or china (o/than bone china) household and toilet articles (other than tableware or kitchenware), nesoi

Cast iron, table, kitchen or o/household arts. and parts thereof, enamelled

There is no specific data yet as to when these tariffs could be put in place. France’s finance minister said Tuesday morning that the tariffs are “unacceptable.”

The U.S. is also conducting similar investigations into the digital services tax of Austria, Italy and Turkey.


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: silvia amaro
Keywords: news, cnbc, companies, shoulder, note, nesoi, proposed, add, goods, surface, french, subject, read, cheese, tariffs, china, list, milk


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Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks. “Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. Roku’s valuation levels have surged past digital media players and


A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.
Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.
“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming.
Roku’s valuation levels have surged past digital media players and
Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: 'It's all priced in'

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.

Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.

Roku’s stock fell more than 16% in trading on Monday.

“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. As a result, we see the risk/reward skewed to the downside. Roku’s valuation levels have surged past digital media players and even past high-growth SAAS [software as a service] companies … despite structurally lower gross margins,” Morgan Stanley analyst Benjamin Swinburne said in a note to investors. The note was titled, “It’s all priced in.”


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


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Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks. “Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. Roku’s valuation levels have surged past digital media players and


A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.
Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.
“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming.
Roku’s valuation levels have surged past digital media players and
Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: 'It's all priced in'

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.

Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.

Roku’s stock fell more than 16% in trading on Monday.

“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. As a result, we see the risk/reward skewed to the downside. Roku’s valuation levels have surged past digital media players and even past high-growth SAAS [software as a service] companies … despite structurally lower gross margins,” Morgan Stanley analyst Benjamin Swinburne said in a note to investors. The note was titled, “It’s all priced in.”


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


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Apple’s 2020 iPads and MacBooks will have new advanced displays, top analyst says

According to the note, Apple is planning up to six mini LED devices, including a “high-end” iPad Pro launching in the third quarter 2020 and a 16-inch MacBook Pro laptop launching in the fourth quarter of 2020. Mini LED displays have several benefits over the LCD and OLED screens currently used on gadgets. “We believe that the mini LED technology will significantly improve productivity and the entertainment experience,” Kuo wrote. Kuo is well-known for publishing research about unreleased Apple


According to the note, Apple is planning up to six mini LED devices, including a “high-end” iPad Pro launching in the third quarter 2020 and a 16-inch MacBook Pro laptop launching in the fourth quarter of 2020.
Mini LED displays have several benefits over the LCD and OLED screens currently used on gadgets.
“We believe that the mini LED technology will significantly improve productivity and the entertainment experience,” Kuo wrote.
Kuo is well-known for publishing research about unreleased Apple
Apple’s 2020 iPads and MacBooks will have new advanced displays, top analyst says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: kif leswing
Keywords: news, cnbc, companies, 2020, mini, planning, kuo, products, macbooks, note, led, apples, advanced, apple, displays, analyst, pro, ipads, macbook, technology


Apple's 2020 iPads and MacBooks will have new advanced displays, top analyst says

Apple is planning to use a new display technology called mini LED in its lineup of laptops and tablets starting next year, according to a research note from TF Securities analyst Ming-Chi Kuo released Monday.

According to the note, Apple is planning up to six mini LED devices, including a “high-end” iPad Pro launching in the third quarter 2020 and a 16-inch MacBook Pro laptop launching in the fourth quarter of 2020.

Kuo previously wrote that he believes mini LED displays will be a crucial differentiating technology for Apple in its “mid-size” products, which means devices larger than the iPhone.

“We believe that Apple is planning [four to six] mini LED products; the first one that will launch in 3Q20 will be the high-end iPad Pro that will be equipped with the A14X processor and 12.9-inch display; the second one in 4Q20 will be the 16-inch MacBook Pro,” Kuo said in the note distributed on Monday.

Mini LED displays have several benefits over the LCD and OLED screens currently used on gadgets. They offer higher contrast and are not as prone to “burn-in,” which is when an image is permanently displayed on a malfunctioning screen. Apple’s iPhones currently use both LCD and OLED displays, depending on the model.

“We believe that the mini LED technology will significantly improve productivity and the entertainment experience,” Kuo wrote.

Kuo is well-known for publishing research about unreleased Apple products focused on the companies that make up Apple’s supply chain. Apple doesn’t comment on upcoming products. Apple released a new 16-inch MacBook Pro model in October with a new keyboard design to address consumer complaints.


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: kif leswing
Keywords: news, cnbc, companies, 2020, mini, planning, kuo, products, macbooks, note, led, apples, advanced, apple, displays, analyst, pro, ipads, macbook, technology


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Tesla, GE and Uber make list of the most divisive stocks on Wall Street

Wall Street analysts tend to run in packs, with most stocks finding an informal consensus on Wall Street among this crowd. Tesla may be the most divisive stock on the Street, but it’s also not alone. TeslaJefferies recently gave Tesla one of the highest price targets on Wall Street, seeing the stock climbing to $400 a share. William Blair expects GE to “finish 2019 strongly,” with a price target of $15 implying another 35% rise in the stock. Since warning investors of GE’s stock plunge three yea


Wall Street analysts tend to run in packs, with most stocks finding an informal consensus on Wall Street among this crowd.
Tesla may be the most divisive stock on the Street, but it’s also not alone.
TeslaJefferies recently gave Tesla one of the highest price targets on Wall Street, seeing the stock climbing to $400 a share.
William Blair expects GE to “finish 2019 strongly,” with a price target of $15 implying another 35% rise in the stock.
Since warning investors of GE’s stock plunge three yea
Tesla, GE and Uber make list of the most divisive stocks on Wall Street Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-30  Authors: michael sheetz
Keywords: news, cnbc, companies, uber, list, divisive, note, tesla, wall, price, street, stocks, target, sees, stock


Tesla, GE and Uber make list of the most divisive stocks on Wall Street

Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Wall Street analysts tend to run in packs, with most stocks finding an informal consensus on Wall Street among this crowd. But there are a few stocks which deeply divide analyst opinions — and, perhaps unsurprisingly, far and away the most controversial is Elon Musk’s electric automaker, Tesla. No stock has a wider gap than Tesla from the average analyst price target to the top and bottom targets, according to a CNBC analysis of FactSet data. Tesla may be the most divisive stock on the Street, but it’s also not alone. Several top technology companies — Facebook, Advanced Micro Devices and Square — are counted among these battleground stocks, as well as ride-hailing companies Uber and Lyft and embattled industrial conglomerate General Electric. Here are the top 20 most divisive stocks, according to analyst coverage of companies with a market value greater than $10 billion.

Tesla

Jefferies recently gave Tesla one of the highest price targets on Wall Street, seeing the stock climbing to $400 a share. In a note to investors, Jefferies wrote that it sees Musk’s company stabilizing in 2019, with “a better foundation for a return to growth in 2020 revenue and earnings.” The firm also expects Tesla to maintain “its edge in product, affordability and technology” next year, saying it sees the company on a path of “sustained profitability.”

But UBS, one of the biggest Tesla pessimists, expects the company’s stock will lose half its value in the next year. UBS said in a recent note that it sees a broad slowdown in discretionary spending as a “key risk” to automakers, expecting Tesla to struggle from an “inability to deliver on battery cost reduction and performance,” as well as threats to its battery supply chain and changes to how electric vehicle’s are regulated.

GE

General Electric’s stock has had a strong year, up more than 50%, and William Blair believes shares will climb even higher. The firm is the most optimistic on GE’s stock, telling investors after the company’s third-quarter results that GE “continues to execute well while flying above geopolitical turbulence,” with “irrefutably lots more to come.” William Blair expects GE to “finish 2019 strongly,” with a price target of $15 implying another 35% rise in the stock.

J.P. Morgan, on the other hand, staunchly remains the biggest GE bear. Since warning investors of GE’s stock plunge three years ago the firm has been Wall Street’s sharpest critic of GE, and currently has a $5 price target. J.P. Morgan said in a recent note that it does not believe that GE’s “management has set a bottom” for the performance of its businesses, adding that “GE is missing guidance on core business EBIT that was set in March.”

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Company: cnbc, Activity: cnbc, Date: 2019-11-30  Authors: michael sheetz
Keywords: news, cnbc, companies, uber, list, divisive, note, tesla, wall, price, street, stocks, target, sees, stock


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India’s quarterly GDP is set to fall below 5% — the slowest pace since 2013

India is set to announce its GDP figures for the three months that ended in September on Friday — and experts are predicting a further slowdown in growth to levels not seen since 2013. That forecast, if realized, will mark the “slowest pace of growth since March 2013,” they said. “High frequency indicators continued to trend lower in September, with industrial production clocking its worst decline in eight years,” the economists wrote. Apart from an economic slowdown, there is an ongoing crisis


India is set to announce its GDP figures for the three months that ended in September on Friday — and experts are predicting a further slowdown in growth to levels not seen since 2013.
That forecast, if realized, will mark the “slowest pace of growth since March 2013,” they said.
“High frequency indicators continued to trend lower in September, with industrial production clocking its worst decline in eight years,” the economists wrote.
Apart from an economic slowdown, there is an ongoing crisis
India’s quarterly GDP is set to fall below 5% — the slowest pace since 2013 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-29  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, slowdown, months, slowest, quarterly, pace, lower, wrote, india, quarter, note, gdp, period, fall, recent, growth, set, indias


India's quarterly GDP is set to fall below 5% — the slowest pace since 2013

India is set to announce its GDP figures for the three months that ended in September on Friday — and experts are predicting a further slowdown in growth to levels not seen since 2013.

Growth for the July to September quarter likely slowed to 4.6% compared to the same period a year ago, down from the 5% registered for the previous three months, said Sanjay Mathur, chief economist for Southeast Asia and India, and Rini Sen, an India economist, at ANZ wrote in a recent note. That forecast, if realized, will mark the “slowest pace of growth since March 2013,” they said.

“High frequency indicators continued to trend lower in September, with industrial production clocking its worst decline in eight years,” the economists wrote. ANZ has downgraded its full-fiscal-year growth forecast from 5.8% to 5.1%, the note said.

Singapore’s DBS Group holds a more conservative estimate of 4.3% growth for the quarter. On average, economists polled by Reuters said they expect growth to be 4.7%, or down from 7% for the same period in 2018.

India’s fiscal year starts in April and ends in March the following year. Currently, India is in its fiscal year 2020, which ends in March next year.

The South Asian country is currently facing a number of challenges. Apart from an economic slowdown, there is an ongoing crisis in the financial sector, which has hamstrung lending.

Weakness in corporate earnings and profits are likely to weigh on business investments and job creation to keep its workforce employed. Recent policy reforms have left many small- and medium-sized businesses reeling.

Ratings agency Moody’s recently downgraded its outlook on India’s from “stable” to “negative,” and cited growing risks that economic growth will remain “materially lower than in the past.”


Company: cnbc, Activity: cnbc, Date: 2019-11-29  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, slowdown, months, slowest, quarterly, pace, lower, wrote, india, quarter, note, gdp, period, fall, recent, growth, set, indias


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US imports from China shrank more than 13% — but imports from Vietnam are popping

Nobody expects Vietnam to replace China as the world’s major exporter, but the Southeast Asian country certainly appears to be taking some of China’s business with the United States. In comparison, U.S. imports from mainland China shrank 13.4% year on year in the January-to-September period, the note said. Tariffs were a major reason behind the decline in U.S. imports from China, said Michael Ryan, IHS Markit’s associate director of comparative industry service, who wrote the note. Those product


Nobody expects Vietnam to replace China as the world’s major exporter, but the Southeast Asian country certainly appears to be taking some of China’s business with the United States.
In comparison, U.S. imports from mainland China shrank 13.4% year on year in the January-to-September period, the note said.
Tariffs were a major reason behind the decline in U.S. imports from China, said Michael Ryan, IHS Markit’s associate director of comparative industry service, who wrote the note.
Those product
US imports from China shrank more than 13% — but imports from Vietnam are popping Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-22  Authors: grace shao
Keywords: news, cnbc, companies, imports, popping, 2018, vietnam, shrank, china, note, mainland, ihs, according, major, united


US imports from China shrank more than 13% — but imports from Vietnam are popping

Nobody expects Vietnam to replace China as the world’s major exporter, but the Southeast Asian country certainly appears to be taking some of China’s business with the United States.

In the first nine months of this year, U.S. imports from Vietnam jumped 34.8% year on year, accelerating from a 5.8% gain in all of 2018, according to a Thursday note by consultancy IHS Markit. In comparison, U.S. imports from mainland China shrank 13.4% year on year in the January-to-September period, the note said.

Tariffs were a major reason behind the decline in U.S. imports from China, said Michael Ryan, IHS Markit’s associate director of comparative industry service, who wrote the note.

He added that Vietnam’s fastest growing export categories to the U.S. are computers, telephone equipment and other machinery.

Those products were among the U.S.’s top imports from mainland China, Mongolia and Taiwan in 2018, according to the United States Trade Representative. That suggests that Vietnamese exports of those goods to the U.S. may have replaced the reduction in flows between China and America.


Company: cnbc, Activity: cnbc, Date: 2019-11-22  Authors: grace shao
Keywords: news, cnbc, companies, imports, popping, 2018, vietnam, shrank, china, note, mainland, ihs, according, major, united


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Dollar slips as Chinese comments marginally boost risk appetite

U.S. dollar bank notes are arranged for a photograph on September 7, 2017 in Hong Kong. Chinese President Xi Jinping said Beijing wants to work out a deal with Washington and has been trying to avoid a trade war – but is not afraid to retaliate when necessary. A senior Chinese diplomat urged the United States to compromise in order to develop stable relations between the countries. But after a week of mixed signals over the likelihood of a preliminary trade deal, the developments did little to m


U.S. dollar bank notes are arranged for a photograph on September 7, 2017 in Hong Kong.
Chinese President Xi Jinping said Beijing wants to work out a deal with Washington and has been trying to avoid a trade war – but is not afraid to retaliate when necessary.
A senior Chinese diplomat urged the United States to compromise in order to develop stable relations between the countries.
But after a week of mixed signals over the likelihood of a preliminary trade deal, the developments did little to m
Dollar slips as Chinese comments marginally boost risk appetite Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-22
Keywords: news, cnbc, companies, dollar, risk, manufacturing, swiss, comments, united, marginally, boost, trade, tight, slips, wrote, chinese, appetite, war, deal, note


Dollar slips as Chinese comments marginally boost risk appetite

U.S. dollar bank notes are arranged for a photograph on September 7, 2017 in Hong Kong.

The dollar was marginally down on Friday and risk appetite boosted by statements from China on the need to find a solution to the tit-for-tat tariff war with the United States, raising hopes that a “phase one” deal could be reached.

Chinese President Xi Jinping said Beijing wants to work out a deal with Washington and has been trying to avoid a trade war – but is not afraid to retaliate when necessary.

A senior Chinese diplomat urged the United States to compromise in order to develop stable relations between the countries.

But after a week of mixed signals over the likelihood of a preliminary trade deal, the developments did little to move markets. Currencies continued to trade in tight ranges.

“While there are many trade headlines over the past few days, one can also argue that this is actually a ‘status quo’,” Commerzbank FX and EM analyst Hao Zhou wrote in a note to clients.

“At the end of the day, there is little progress on trade talks, and it looks like both sides are fine with another delay of the phase 1 deal,” he wrote.

Against a basket of currencies, the dollar was down less than 0.1%, breaking its three-day streak of gains and heading for its smallest weekly change since the start of August this year.

The Swiss franc was down 0.2% against both the dollar and the euro, suggesting market optimism as the Swiss franc is perceived as a safe-haven currency.

But the Japanese yen — also seen as a safe haven — was flat against the dollar.

The trade-exposed New Zealand dollar and Swedish crown were both up 0.2% against the U.S. dollar.

MUFG currency analyst Lee Hardman wrote in a note that low volatility and tight trading ranges are currently the key characteristics of the FX market.

German third quarter GDP data released earlier this morning held no surprises, showing that exports, state spending and consumers helped the German economy avoid a recession.

“Up to now, the slowdown in Germany has been concentrated in the manufacturing sector,” Daria Parkhomenko, forex strategy associate at RBC Capital Markets, wrote in a note to clients.

“Unless global uncertainties are lifted, which are weighing down on the manufacturing sector, it is only a question of when, not if, the weakness in manufacturing spreads to the rest of the economy,” she wrote.

The euro was slightly up against the weaker dollar.


Company: cnbc, Activity: cnbc, Date: 2019-11-22
Keywords: news, cnbc, companies, dollar, risk, manufacturing, swiss, comments, united, marginally, boost, trade, tight, slips, wrote, chinese, appetite, war, deal, note


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Highlights from CNBC’s East Tech West conference

Highlights from CNBC’s East Tech West conference2 Hours AgoKey note speakers and high-powered panels. Here’s a round-up of the highlights from CNBC’s East Tech West conference.


Highlights from CNBC’s East Tech West conference2 Hours AgoKey note speakers and high-powered panels.
Here’s a round-up of the highlights from CNBC’s East Tech West conference.
Highlights from CNBC’s East Tech West conference Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-20
Keywords: news, cnbc, companies, note, cnbcs, hours, roundup, east, highlights, tech, conference, panels, speakers, west


Highlights from CNBC's East Tech West conference

Highlights from CNBC’s East Tech West conference

2 Hours Ago

Key note speakers and high-powered panels. Here’s a round-up of the highlights from CNBC’s East Tech West conference.


Company: cnbc, Activity: cnbc, Date: 2019-11-20
Keywords: news, cnbc, companies, note, cnbcs, hours, roundup, east, highlights, tech, conference, panels, speakers, west


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