Major investors Lee Cooperman and Mario Gabelli aren’t that worried about a trade war

Two well-known billionaire investors are not all that worried about an ongoing trade war. Hedge fund investor Leon Cooperman and value investor Mario Gabelli highlighted reasonable valuations, a “friendly” Federal Reserve and low risk of recession as reasons for calm amidst international trade drama. “All I know is I don’t think we’re heading for a recession,” Cooperman, founder, chairman and CEO of Omega Advisors, said on CNBC’s Halftime Report Thursday. He also sees stocks’ valuations as “reas


Two well-known billionaire investors are not all that worried about an ongoing trade war. Hedge fund investor Leon Cooperman and value investor Mario Gabelli highlighted reasonable valuations, a “friendly” Federal Reserve and low risk of recession as reasons for calm amidst international trade drama. “All I know is I don’t think we’re heading for a recession,” Cooperman, founder, chairman and CEO of Omega Advisors, said on CNBC’s Halftime Report Thursday. He also sees stocks’ valuations as “reas
Major investors Lee Cooperman and Mario Gabelli aren’t that worried about a trade war Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: kate rooney, scott mlyn
Keywords: news, cnbc, companies, trade, trump, stocks, investors, investor, lee, valuations, major, war, reserve, cooperman, recession, china, arent, worried, mario, reasonable, gabelli


Major investors Lee Cooperman and Mario Gabelli aren't that worried about a trade war

Two well-known billionaire investors are not all that worried about an ongoing trade war.

Hedge fund investor Leon Cooperman and value investor Mario Gabelli highlighted reasonable valuations, a “friendly” Federal Reserve and low risk of recession as reasons for calm amidst international trade drama.

“All I know is I don’t think we’re heading for a recession,” Cooperman, founder, chairman and CEO of Omega Advisors, said on CNBC’s Halftime Report Thursday. “Between valuations and other conditions that are normally associated with an important decline, we don’t have them.”

Cooperman said the Federal Reserve is now “the furthest thing from hostile” after its more dovish stance on raising interest rates this year. He also sees stocks’ valuations as “reasonable.” As a result, Cooperman said current market weakness is probably a 5% correction.

“The conditions for a big decline aren’t present,” Cooperman said.

Stocks continued the deep sell-off this week as traders grapple with how to price in trade. At a rally Wednesday evening, President Donald Trump said China “broke the deal,” fueling worries the U.S. and China will be unable to reach an agreement before new 25% tariffs go into effect at midnight. Stocks walked back some of the losses after Trump said on Thursday he has an “excellent alternative” to a China trade deal.

On trade, Gabelli said it’s “time that somebody arm-wrestles the issue.”


Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: kate rooney, scott mlyn
Keywords: news, cnbc, companies, trade, trump, stocks, investors, investor, lee, valuations, major, war, reserve, cooperman, recession, china, arent, worried, mario, reasonable, gabelli


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This new stock is a ‘hidden gem’ with major growth potential in China, Wells Fargo says

London-based luxury online marketplace Farfetch is Wells Fargo’s “hidden gem” with major growth potential in China despite heightened trade tensions, the bank said in a note on Tuesday.


London-based luxury online marketplace Farfetch is Wells Fargo’s “hidden gem” with major growth potential in China despite heightened trade tensions, the bank said in a note on Tuesday.
This new stock is a ‘hidden gem’ with major growth potential in China, Wells Fargo says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-08  Authors: maggie fitzgerald, drew angerer, getty images, david paul morris, bloomberg, patrick t fallon, tom strickland, scott mlyn, chip chipman, victor j blue
Keywords: news, cnbc, companies, growth, online, major, tensions, trade, luxury, potential, stock, londonbased, hidden, marketplace, fargo, china, note, gem, wells


This new stock is a 'hidden gem' with major growth potential in China, Wells Fargo says

London-based luxury online marketplace Farfetch is Wells Fargo’s “hidden gem” with major growth potential in China despite heightened trade tensions, the bank said in a note on Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-05-08  Authors: maggie fitzgerald, drew angerer, getty images, david paul morris, bloomberg, patrick t fallon, tom strickland, scott mlyn, chip chipman, victor j blue
Keywords: news, cnbc, companies, growth, online, major, tensions, trade, luxury, potential, stock, londonbased, hidden, marketplace, fargo, china, note, gem, wells


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Cramer predicts Facebook stock will soon get back to all-time highs

Facebook’s stock will soon exceed the all-time high that it notched last summer, in the early months after the social network’s massive Cambridge Analytica data privacy scandal, CNBC’s Jim Cramer said Thursday. Under scrutiny over data privacy by Washington and Wall Street, Facebook eventually clawed its way to an all-time high on July 25, 2018, trading at more than $218 per share. Shares of Facebook were about 7% higher Thursday, after the company reported after the bell the prior day first-qua


Facebook’s stock will soon exceed the all-time high that it notched last summer, in the early months after the social network’s massive Cambridge Analytica data privacy scandal, CNBC’s Jim Cramer said Thursday. Under scrutiny over data privacy by Washington and Wall Street, Facebook eventually clawed its way to an all-time high on July 25, 2018, trading at more than $218 per share. Shares of Facebook were about 7% higher Thursday, after the company reported after the bell the prior day first-qua
Cramer predicts Facebook stock will soon get back to all-time highs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: berkeley lovelace jr, scott mlyn
Keywords: news, cnbc, companies, street, cambridge, highs, predicts, stock, data, wall, share, privacy, alltime, soon, scandal, facebook, months, cramer


Cramer predicts Facebook stock will soon get back to all-time highs

Facebook’s stock will soon exceed the all-time high that it notched last summer, in the early months after the social network’s massive Cambridge Analytica data privacy scandal, CNBC’s Jim Cramer said Thursday.

It’s going to take out $218 per share, Cramer said on “Squawk on the Street.” “Then it’s like 26 times earnings and it’s growing at 20%.” Cramer’s charitable trust owns Facebook shares, but its position was trimmed some late last year.

The stock closed March 16, 2018, at about $185 per share, the session before news broke of Cambridge Analytica’s data misuse. Ten days after that, Facebook hit a then-intraday low of around $149, which represented a 19% decline. Under scrutiny over data privacy by Washington and Wall Street, Facebook eventually clawed its way to an all-time high on July 25, 2018, trading at more than $218 per share. But since then, Facebook had lost 16% as of Wednesday’s close.

Shares of Facebook were about 7% higher Thursday, after the company reported after the bell the prior day first-quarter financial results that exceeded Wall Street expectations. The company beat on revenue and matched estimates on daily active user growth. At about $195 per share Thursday, the stock was about 12% away from its record high.

Cramer had been critical of Facebook for months after Cambridge Analytica scandal. The “Mad Money” host’s criticisms were later targeted at Chief Operating Officer Sheryl Sandberg, who was reportedly blamed by Facebook co-founder, Chairman and CEO Mark Zuckerberg for the company’s problems.

Cramer said Thursday that Facebook is now a “very inexpensive growth stock.”


Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: berkeley lovelace jr, scott mlyn
Keywords: news, cnbc, companies, street, cambridge, highs, predicts, stock, data, wall, share, privacy, alltime, soon, scandal, facebook, months, cramer


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Here are the picks in the 2019 CNBC Stock Draft

CNBC’s 2019 Stock Draft kicked off on “Power Lunch” Thursday. Ex-NFL star Nick Lowery, last year’s winner, is defending his title against nine other teams. Wonderful,” Kevin O’Leary, with his picks of Amazon, Goldman Sachs, and Advanced Micro Devices. Here is the draft order, chosen randomly last week:Tim Seymour (Seymour Alpha) Jarvis Green (The Green Machine) Bethenny Frankel (Team YES) Nick Lowery (Nick the Kick’s Pix) Bobby Flay (Bobby’s Bulls) Maria Ho (Blue Chip Leaders) Noah Syndergaard (


CNBC’s 2019 Stock Draft kicked off on “Power Lunch” Thursday. Ex-NFL star Nick Lowery, last year’s winner, is defending his title against nine other teams. Wonderful,” Kevin O’Leary, with his picks of Amazon, Goldman Sachs, and Advanced Micro Devices. Here is the draft order, chosen randomly last week:Tim Seymour (Seymour Alpha) Jarvis Green (The Green Machine) Bethenny Frankel (Team YES) Nick Lowery (Nick the Kick’s Pix) Bobby Flay (Bobby’s Bulls) Maria Ho (Blue Chip Leaders) Noah Syndergaard (
Here are the picks in the 2019 CNBC Stock Draft Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: michelle fox, yun li, scott mlyn
Keywords: news, cnbc, companies, nick, lowery, stock, 2019, picks, prices, oleary, seymour, wonderful, mr, draft, oz, winner


Here are the picks in the 2019 CNBC Stock Draft

CNBC’s 2019 Stock Draft kicked off on “Power Lunch” Thursday.

Ex-NFL star Nick Lowery, last year’s winner, is defending his title against nine other teams. In 2018, he wrested the prize away from from “Mr. Wonderful,” Kevin O’Leary, with his picks of Amazon, Goldman Sachs, and Advanced Micro Devices. His stocks ended the challenge up 37 percent.

This year, competitors will chose from a list of 61 investments, including Apple, JP Morgan and Lyft. They will make one pick per round, for three rounds.

The contest begins with the closing prices on Thursday and ends with the closing prices on Jan. 31, 2020, the Friday before the Super Bowl. The winner is determined by the average percentage change of all three selections.

Here is the draft order, chosen randomly last week:

Tim Seymour (Seymour Alpha) Jarvis Green (The Green Machine) Bethenny Frankel (Team YES) Nick Lowery (Nick the Kick’s Pix) Bobby Flay (Bobby’s Bulls) Maria Ho (Blue Chip Leaders) Noah Syndergaard (Thor’s Hammer) Kevin O’Leary (Mr. Wonderful) Oz Pearlman (Oz Knows) Beardstown Ladies

Here is a round-up of Thursday’s picks:


Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: michelle fox, yun li, scott mlyn
Keywords: news, cnbc, companies, nick, lowery, stock, 2019, picks, prices, oleary, seymour, wonderful, mr, draft, oz, winner


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Cramer Remix: Stocks are bearing the fruits of fear this earnings season

CNBC’s Jim Cramer on Wednesday said too many Wall Street watchers assumed that businesses’ first quarter earnings results would be horrid and now the stock market is rallying on companies besting expectations. Analysts based their 2019 predictions on the Federal Reserve-induced fourth-quarter sell-off and prolonged U.S.-China trade war, but never revised their outlooks as the economy kept humming, he said. “We’re seeing the fruits and wages of that fear as company after company beats these expec


CNBC’s Jim Cramer on Wednesday said too many Wall Street watchers assumed that businesses’ first quarter earnings results would be horrid and now the stock market is rallying on companies besting expectations. Analysts based their 2019 predictions on the Federal Reserve-induced fourth-quarter sell-off and prolonged U.S.-China trade war, but never revised their outlooks as the economy kept humming, he said. “We’re seeing the fruits and wages of that fear as company after company beats these expec
Cramer Remix: Stocks are bearing the fruits of fear this earnings season Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: tyler clifford, andrew harrer, bloomberg, getty images, adam jeffery, scott mlyn, david paul morris
Keywords: news, cnbc, companies, strong, cramer, company, earnings, market, youve, bearing, fruits, costs, 2019, stocks, fear, estimates, season, trade, cash, remix


Cramer Remix: Stocks are bearing the fruits of fear this earnings season

CNBC’s Jim Cramer on Wednesday said too many Wall Street watchers assumed that businesses’ first quarter earnings results would be horrid and now the stock market is rallying on companies besting expectations.

Analysts based their 2019 predictions on the Federal Reserve-induced fourth-quarter sell-off and prolonged U.S.-China trade war, but never revised their outlooks as the economy kept humming, he said.

“We’re seeing the fruits and wages of that fear as company after company beats these expectations that were set down months ago when it felt like the sky was falling,” the “Mad Money” host said. “They keep topping the estimates because those estimates were never raised to begin with, like they would’ve been, typically, at the start of any other year.”

Cramer noted that the following conditions are factoring in to the market run:

Free cash flow has allowed firms to buy back large amounts of stock

China has become a strong point for 2019, despite strained trade relations

Domestic consumerism is maintaining as unemployment remains low

Raw costs and transportation costs have peaked, but it hasn’t affected consumerism

the Fed stopped tightening

“Despite some strong jobs data, you’ve got a lot more people who believe a rate cut might actually be likely,” Cramer said. “As long as that’s a possibility, it’s a mistake to leave too much cash sitting on the sidelines.”

Click here to get Cramer’s full thoughts


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: tyler clifford, andrew harrer, bloomberg, getty images, adam jeffery, scott mlyn, david paul morris
Keywords: news, cnbc, companies, strong, cramer, company, earnings, market, youve, bearing, fruits, costs, 2019, stocks, fear, estimates, season, trade, cash, remix


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Disney CEO Bob Iger earns 1,000 times as much as a typical employee

If you’re Abigail Disney, the granddaughter of the Disney company’s co-founder Roy Disney, the tipping point is about $66 million — or what Disney CEO Bob Iger earned last year. In a series of tweets posted on April 21, Abigail Disney criticized the level of compensation Iger receives, stating that “by any objective measure a pay ratio over a thousand is insane.” The $65.7 million Iger earned last year is indeed more than 1,000 times the median salary of all Disney employees, which is $46,127, a


If you’re Abigail Disney, the granddaughter of the Disney company’s co-founder Roy Disney, the tipping point is about $66 million — or what Disney CEO Bob Iger earned last year. In a series of tweets posted on April 21, Abigail Disney criticized the level of compensation Iger receives, stating that “by any objective measure a pay ratio over a thousand is insane.” The $65.7 million Iger earned last year is indeed more than 1,000 times the median salary of all Disney employees, which is $46,127, a
Disney CEO Bob Iger earns 1,000 times as much as a typical employee Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: kerri anne renzulli, jeff kravitz, filmmagic, inc, getty images, bloomberg, stephen brashear, getty images news, chris ratcliffe, scott mlyn
Keywords: news, cnbc, companies, earns, executives, sp, typical, ceo, 1000, employee, pay, according, million, bob, times, iger, median, disney, compensation


Disney CEO Bob Iger earns 1,000 times as much as a typical employee

Chief executives have long earned some of the largest paychecks in America, but at what point does their compensation defy reason? If you’re Abigail Disney, the granddaughter of the Disney company’s co-founder Roy Disney, the tipping point is about $66 million — or what Disney CEO Bob Iger earned last year.

In a series of tweets posted on April 21, Abigail Disney criticized the level of compensation Iger receives, stating that “by any objective measure a pay ratio over a thousand is insane.”

The $65.7 million Iger earned last year is indeed more than 1,000 times the median salary of all Disney employees, which is $46,127, according to a study from Equilar. Thanks to incentives associated with his contract extension, that imbalance amounted to a paycheck 1,424 times greater than his workers’ in 2018. (This year, his compensation is projected to be a more modest $35 million.)

And while the median income for chief executives was $189,600 in 2018, according to the Bureau of Labor Statistics, Iger is not alone in receiving multi-million dollar packages for his efforts at the helm of a company. Median compensation for 132 chief executives of S&P 500 companies hit $12.4 million last year, according to the Wall Street Journal.

But Iger’s much higher pay doesn’t make him an outlier. In fact, Iger joins a fairly full club of CEOs who earn over a 1,000 times more than their typical employee does, according to a report complied earlier this month by MyLogIQ, an aggregator of public company information, which looked at 325 proxy statements filed by S&P 500 companies to the Securities and Exchange Commission.

On this form, companies must disclose the ratio of CEO compensation compared to the median compensation of its employees. It’s up to the organization to determine how they will calculate this median employee pay figure, meaning some ratios may be more reflective of the earnings of full-time staff, while others may factor in the wages of part-time and seasonal workers, arriving at lower overall median pay.

Below are the 12 other S&P 500 industry titans also earning an “insane” amount compared to their staff’s typical paychecks, if we go by Abigail Disney’s definition.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: kerri anne renzulli, jeff kravitz, filmmagic, inc, getty images, bloomberg, stephen brashear, getty images news, chris ratcliffe, scott mlyn
Keywords: news, cnbc, companies, earns, executives, sp, typical, ceo, 1000, employee, pay, according, million, bob, times, iger, median, disney, compensation


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Cramer Remix: Stick with this beverage stock for the long term

The stock is up nearly 4% from its April 16 close, a day before it delivered better-than-expected first quarter results. The food and beverage giant, which includes brands such as Frito-Lay, Gatorade, Pepsi-Cola, and Tropicana, has spent money to turn its business around and their plan is working, Cramer said. The company also recorded profit of 97 cents per share and revenue of $12.88 billion, which topped expectations of 92 cents per share and $12.70 billion revenue. PepsiCo maintained its ful


The stock is up nearly 4% from its April 16 close, a day before it delivered better-than-expected first quarter results. The food and beverage giant, which includes brands such as Frito-Lay, Gatorade, Pepsi-Cola, and Tropicana, has spent money to turn its business around and their plan is working, Cramer said. The company also recorded profit of 97 cents per share and revenue of $12.88 billion, which topped expectations of 92 cents per share and $12.70 billion revenue. PepsiCo maintained its ful
Cramer Remix: Stick with this beverage stock for the long term Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: tyler clifford, david paul morris, bloomberg, getty images, adam jeffery, scott mlyn, brendan mcdermid
Keywords: news, cnbc, companies, fritolay, business, company, money, beverage, cents, long, turn, stock, stick, remix, pepsico, term, cramer, share


Cramer Remix: Stick with this beverage stock for the long term

Investors should believe the top brass of a company with a good, long-term track record when its management says it can turn things around, CNBC’s Jim Cramer said Tuesday.

PepsiCo, which has doubled its dividend in the past decade, is one of those names to put faith behind even when analysts are against the odds, he said. The stock is up nearly 4% from its April 16 close, a day before it delivered better-than-expected first quarter results.

“If you gave PepsiCo the benefit of the doubt, you now have some terrific gains, and even after this move, I still like the stock for the long term because this team has proven that they can innovate on the fly,” the “Mad Money” host said.

The food and beverage giant, which includes brands such as Frito-Lay, Gatorade, Pepsi-Cola, and Tropicana, has spent money to turn its business around and their plan is working, Cramer said. Frito-Lay has been surging, and the North American beverage business got a boost after introducing new packaging formats and new products in Bubly and LIFEWTR, he added.

In its earnings report last Wednesday, PepsiCo revealed that core sales grew 5.2%, its fastest pace in more than three years. The company also recorded profit of 97 cents per share and revenue of $12.88 billion, which topped expectations of 92 cents per share and $12.70 billion revenue.

PepsiCo maintained its full-year guidance, but Cramer said it could be a conservative call to under promise and over deliver.

“In response, the stock surged to new highs and the bears at Goldman Sachs [were] forced to upgrade the stock from sell back to neutral,” he said. “At what point do you think they have to go to a buy, if it goes down 30 cents, don’t you think?”

Get Cramer’s full insight here


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: tyler clifford, david paul morris, bloomberg, getty images, adam jeffery, scott mlyn, brendan mcdermid
Keywords: news, cnbc, companies, fritolay, business, company, money, beverage, cents, long, turn, stock, stick, remix, pepsico, term, cramer, share


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JP Morgan and Bank of America posted record profits, but investors worry it’s downhill from here

The two biggest U.S. banks each just posted record first-quarter profit, the result of years of work building coast-to-coast franchises that have attracted billions in customer deposits. On Friday, J.P. Morgan Chase said it made $9.2 billion in the first three months of the year. Bank of America said Tuesday that it generated $7.3 billion. Bank of America just posted more quarterly profit than at any time in its history this week, but analyst Matthew O’Connor was worried about what next year loo


The two biggest U.S. banks each just posted record first-quarter profit, the result of years of work building coast-to-coast franchises that have attracted billions in customer deposits. On Friday, J.P. Morgan Chase said it made $9.2 billion in the first three months of the year. Bank of America said Tuesday that it generated $7.3 billion. Bank of America just posted more quarterly profit than at any time in its history this week, but analyst Matthew O’Connor was worried about what next year loo
JP Morgan and Bank of America posted record profits, but investors worry it’s downhill from here Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: hugh son, scott mlyn
Keywords: news, cnbc, companies, jp, morgan, banks, sputter, slow, america, week, posted, profit, profits, bank, downhill, worried, record, warned, work, worry, investors


JP Morgan and Bank of America posted record profits, but investors worry it's downhill from here

The two biggest U.S. banks each just posted record first-quarter profit, the result of years of work building coast-to-coast franchises that have attracted billions in customer deposits.

On Friday, J.P. Morgan Chase said it made $9.2 billion in the first three months of the year. Bank of America said Tuesday that it generated $7.3 billion.

But investors’ darkest fear about the industry – that if the Federal Reserve really is done raising rates for the foreseeable future, banks’ main profit-making engine will sputter – is becoming apparent.

Bank of America just posted more quarterly profit than at any time in its history this week, but analyst Matthew O’Connor was worried about what next year looks like. The bank’s CFO warned that growth in net interest income would slow by half to 3 percent this year, below some analysts’ estimates.


Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: hugh son, scott mlyn
Keywords: news, cnbc, companies, jp, morgan, banks, sputter, slow, america, week, posted, profit, profits, bank, downhill, worried, record, warned, work, worry, investors


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UBS downgrades PayPal, sees limited upside from Venmo

UBS downgraded PayPal to neutral from buy on Wednesday, saying the company’s popular peer-to-peer payment app Venmo has little to add. The bank said that even in its bull case scenario, Venmo would only add 2% to its earnings forecast through 2020. Venmo has become PayPal’s money maker since the acquisition in 2013, boosting its payment volume and commerce partnership. But UBS believes Venmo’s benefits are almost fulled priced in.


UBS downgraded PayPal to neutral from buy on Wednesday, saying the company’s popular peer-to-peer payment app Venmo has little to add. The bank said that even in its bull case scenario, Venmo would only add 2% to its earnings forecast through 2020. Venmo has become PayPal’s money maker since the acquisition in 2013, boosting its payment volume and commerce partnership. But UBS believes Venmo’s benefits are almost fulled priced in.
UBS downgrades PayPal, sees limited upside from Venmo Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: yun li, drew angerer, getty images, david paul morris, bloomberg, patrick t fallon, tom strickland, scott mlyn, chip chipman, victor j blue
Keywords: news, cnbc, companies, sees, paypal, saying, downgrades, upside, scenario, volume, peertopeer, priced, limited, payment, venmos, venmo, ubs, popular


UBS downgrades PayPal, sees limited upside from Venmo

UBS downgraded PayPal to neutral from buy on Wednesday, saying the company’s popular peer-to-peer payment app Venmo has little to add.

The bank said that even in its bull case scenario, Venmo would only add 2% to its earnings forecast through 2020. Venmo has become PayPal’s money maker since the acquisition in 2013, boosting its payment volume and commerce partnership. But UBS believes Venmo’s benefits are almost fulled priced in.


Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: yun li, drew angerer, getty images, david paul morris, bloomberg, patrick t fallon, tom strickland, scott mlyn, chip chipman, victor j blue
Keywords: news, cnbc, companies, sees, paypal, saying, downgrades, upside, scenario, volume, peertopeer, priced, limited, payment, venmos, venmo, ubs, popular


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Before life goes sideways, be sure to do these 3 things

Her husband, Jose, had been in a terrible accident and was now in intensive care, irreparably wounded. A week later, with no signs of brain function, he was removed from life support and died. She wasn’t sure of all their coverage, and she couldn’t easily locate the phone number for their insurance company. A few things kept recurring, and she said, “If we had had these few things done, there would have been less to answer. The site went viral and Reynolds wrote “What Matters Most,” a guide to w


Her husband, Jose, had been in a terrible accident and was now in intensive care, irreparably wounded. A week later, with no signs of brain function, he was removed from life support and died. She wasn’t sure of all their coverage, and she couldn’t easily locate the phone number for their insurance company. A few things kept recurring, and she said, “If we had had these few things done, there would have been less to answer. The site went viral and Reynolds wrote “What Matters Most,” a guide to w
Before life goes sideways, be sure to do these 3 things Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: jill cornfield, scott mlyn, source, liz gendreau, -chanel reynolds, author, what matters most
Keywords: news, cnbc, companies, things, wrote, wounded, wasnt, week, insurance, sideways, wanther, sure, went, life, reynolds, wills, goes


Before life goes sideways, be sure to do these 3 things

Chanel Reynolds got the call you never want.

Her husband, Jose, had been in a terrible accident and was now in intensive care, irreparably wounded. A week later, with no signs of brain function, he was removed from life support and died. Meanwhile, Reynolds realized they had wills, but they were not signed or notarized. She wasn’t sure of all their coverage, and she couldn’t easily locate the phone number for their insurance company.

A super-organized project manager, Reynolds says her organizing skills were extremely helpful. At the same time, she said, it was “humiliating that I was so disorganized and felt so helpless.”

Holding her thumb and fingers several inches apart to represent a stack of paper, Reynolds said the mail piled up and all she could do was stare at it, paralyzed.

When she recovered from an unrecoverable time, Reynolds created GYST.com in 2013 to share what she’d learned. (GYST stands for Get Your S— Together.) A few things kept recurring, and she said, “If we had had these few things done, there would have been less to answer. I hoped family and friends would share.”

The site went viral and Reynolds wrote “What Matters Most,” a guide to wills, money and insurance — and where to start when you don’t even know you need to do this.


Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: jill cornfield, scott mlyn, source, liz gendreau, -chanel reynolds, author, what matters most
Keywords: news, cnbc, companies, things, wrote, wounded, wasnt, week, insurance, sideways, wanther, sure, went, life, reynolds, wills, goes


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