These charts show Trump’s trade war could hit his base of voters most

It’s not surprising that Louisiana tops the list, since it is a large U.S. producer of so beans and also the top exporter of soybeans. Chinese imports of U.S. soybeans fell sharply in the second half of last year, and then flat lined until picking up in January and February, as trade talks progressed. Purchases by Mexico and the European Union surpassed those of China during the second half. Other major producers of soybeans include Ohio, Illinois, Indiana, North Dakota and Michigan, all states


It’s not surprising that Louisiana tops the list, since it is a large U.S. producer of so beans and also the top exporter of soybeans. Chinese imports of U.S. soybeans fell sharply in the second half of last year, and then flat lined until picking up in January and February, as trade talks progressed. Purchases by Mexico and the European Union surpassed those of China during the second half. Other major producers of soybeans include Ohio, Illinois, Indiana, North Dakota and Michigan, all states
These charts show Trump’s trade war could hit his base of voters most Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: patti domm, kevin lamarque
Keywords: news, cnbc, companies, louisiana, exporter, trade, larger, voters, second, war, hit, fell, charts, half, soybeans, base, illinois, trumps, ohio


These charts show Trump's trade war could hit his base of voters most

It’s not surprising that Louisiana tops the list, since it is a large U.S. producer of so beans and also the top exporter of soybeans. China chose to strike back at the U.S. by going after the crop. On Thursday, futures fell to the lowest price since December, 2008.

Chinese imports of U.S. soybeans fell sharply in the second half of last year, and then flat lined until picking up in January and February, as trade talks progressed. Purchases by Mexico and the European Union surpassed those of China during the second half. Even Canada became a larger importer of soy beans at the end of last year.

Other major producers of soybeans include Ohio, Illinois, Indiana, North Dakota and Michigan, all states that voted for the president.

Among the biggest exporters are Ohio, Illinois, and Iowa but Louisiana is much larger. Washington state was the second largest exporter, but it is a blue state.

WATCH: Beijing preparing to play hard ball on trade


Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: patti domm, kevin lamarque
Keywords: news, cnbc, companies, louisiana, exporter, trade, larger, voters, second, war, hit, fell, charts, half, soybeans, base, illinois, trumps, ohio


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Dow futures fall for a second day after US says new tariffs coming on Friday

U.S. stock index futures were lower on Tuesday after a top U.S. trade official said more tariffs on Chinese goods are coming. ET, Dow Jones Industrial Average futures fell 188 points, indicating a drop of 191 points at the open. Lighthizer made his remarks after President Donald Trump tweeted he would raise current tariffs 10% on $200 billion of Chinese goods to 25% on Friday. He also threatened to impose an extra 25% levies on another $325 billion of Chinese goods “shortly.” In other words, it’


U.S. stock index futures were lower on Tuesday after a top U.S. trade official said more tariffs on Chinese goods are coming. ET, Dow Jones Industrial Average futures fell 188 points, indicating a drop of 191 points at the open. Lighthizer made his remarks after President Donald Trump tweeted he would raise current tariffs 10% on $200 billion of Chinese goods to 25% on Friday. He also threatened to impose an extra 25% levies on another $325 billion of Chinese goods “shortly.” In other words, it’
Dow futures fall for a second day after US says new tariffs coming on Friday Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-07  Authors: fred imbert silvia amaro, fred imbert, silvia amaro
Keywords: news, cnbc, companies, tariffs, et, deal, yardeni, dow, trade, coming, day, fall, second, points, fell, chinese, goods, futures


Dow futures fall for a second day after US says new tariffs coming on Friday

U.S. stock index futures were lower on Tuesday after a top U.S. trade official said more tariffs on Chinese goods are coming.

At around 7:50 a.m. ET, Dow Jones Industrial Average futures fell 188 points, indicating a drop of 191 points at the open. Futures on the S&P 500 and Nasdaq 100 were also lower.

Shares of trade bellwethers Caterpillar and Boeing fell 0.9% and 1.4%, respectively.

The move down comes after U.S. Trade Representative Robert Lighthizer told reporters that the U.S. will increase levies on Chinese imports on Friday.

Lighthizer made his remarks after President Donald Trump tweeted he would raise current tariffs 10% on $200 billion of Chinese goods to 25% on Friday. He also threatened to impose an extra 25% levies on another $325 billion of Chinese goods “shortly.”

Trump’s tweets initially sent the market reeling on Monday. The Dow fell as much as 471 points while the Nasdaq dropped 2% at one point. However, equities rebounded to close well off their lows as traders bet that a resolution would still be reached.

“I remain hopeful that a deal comes and we won’t see new tariffs on Friday,” said Peter Boockvar, chief investment officer at Bleakley Advisory Group. “But its clear the level of mistrust between the two sides will last for years and some of the tariffs will remain as part of the enforcement tools.”

Chinese Vice Premier Liu He is expected to join a delegation in the United States this week, raising hopes of a trade agreement despite the latest round of duties. However, he will only attend the negotiations on Thursday and Friday. He was originally scheduled to attend negotiations Wednesday through Saturday.

“The Trump administration seems to have concluded that it is time to get it done. In other words, it’s either deal or no deal,” said Ed Yardeni, president and chief investment strategist at Yardeni Research, in a note. But “I expect that the US and China will settle their differences on trade issues sooner rather than later.”

On the data front, there is job openings and labor turnover survey (JOLTs) due at 10 a.m. ET; and consumer credit numbers due at 3 p.m. ET.


Company: cnbc, Activity: cnbc, Date: 2019-05-07  Authors: fred imbert silvia amaro, fred imbert, silvia amaro
Keywords: news, cnbc, companies, tariffs, et, deal, yardeni, dow, trade, coming, day, fall, second, points, fell, chinese, goods, futures


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Brexit won’t be solved by next deadline, survey of global finance chiefs says

Brexit won’t be solved by the end of October and the European Union (EU) will need to grant yet another deadline, according to a CNBC survey of senior financial executives in boardrooms sited around the world. Within both parties there are deep divides over any joint plan, with a growing chorus calling for a second “confirmatory” referendum on any deal. According to the latest CFO Council quarterly survey, published Tuesday, 35.6% of chief financial officers (CFOs) now see yet another extension


Brexit won’t be solved by the end of October and the European Union (EU) will need to grant yet another deadline, according to a CNBC survey of senior financial executives in boardrooms sited around the world. Within both parties there are deep divides over any joint plan, with a growing chorus calling for a second “confirmatory” referendum on any deal. According to the latest CFO Council quarterly survey, published Tuesday, 35.6% of chief financial officers (CFOs) now see yet another extension
Brexit won’t be solved by next deadline, survey of global finance chiefs says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-07  Authors: david reid
Keywords: news, cnbc, companies, chiefs, cfos, deal, wont, global, brexit, deadline, solved, second, finance, referendum, uk, survey, goods, members, respondents


Brexit won't be solved by next deadline, survey of global finance chiefs says

Brexit won’t be solved by the end of October and the European Union (EU) will need to grant yet another deadline, according to a CNBC survey of senior financial executives in boardrooms sited around the world.

After missing an end of March exit date, Britain and Northern Ireland are now set to leave the EU on October 31, but the withdrawal agreement has not yet been approved by U.K. lawmakers in London.

Representatives from the ruling Conservatives and the main opposition Labour are currently in talks to see if a cross-party deal can break a deadlock which has brought the process to a halt. Within both parties there are deep divides over any joint plan, with a growing chorus calling for a second “confirmatory” referendum on any deal.

The CNBC Global CFO Council represents some of the largest public and private companies in the world, collectively managing nearly $5 trillion in market value.

According to the latest CFO Council quarterly survey, published Tuesday, 35.6% of chief financial officers (CFOs) now see yet another extension to the Brexit deadline as the most probable option. Exactly 20% percent of respondents think Britain will hold another referendum while 26.7% think the country will leave on the October date with a deal in place.

Just 2.2% of those asked believe that Brexit will happen at the end of October with no deal whatsoever. That marks an enormous shift in sentiment from February this year, when 40.7% of chief financial officers thought “no deal” was the most probable option

When broken down into regions, the chances of a second referendum was most pronounced by executives based in Asia with 60% percent of respondents believing that the U.K. would need to go back to the polls in order to finalize the Brexit outcome.

By comparison only 10% of U.S. based CFOs and 6.7% of EMEA executives predicted another referendum would be needed.

The council’s global economic outlook offers a quarterly view for different countries and regions around the globe. This quarter revealed that the U.K. was the only one of 11 areas seen as “declining.” All other areas were rated as “stable,” except for the United States which was upgraded to “improving.”

To other questions asked, 25.9% of respondents said U.S. trade policy was the biggest external risk factor to the success of their businesses. That figure far exceed a cyberattack (7.9%) and Brexit (5.5%) as the next two biggest fears.

The results were collated prior to a fresh tariff threat from President Donald Trump on goods produced and exported by the world’s second biggest economy, China.

Trump said in a tweet Sunday afternoon that the current 10% levies on $200 billion worth of Chinese goods will rise to 25% on Friday. He also threatened to impose 25% tariffs on an additional $325 billion of Chinese goods “shortly.”

Taking into account that the Trump bombshell was as yet unknown to the CFOs, some of the feedback suggested a more bullish outlook for markets in 2019. For stocks, 68.9% expect the Dow Jones Industrial Average will rise above 27,000 this year. That percentage more than doubled from the first quarter survey when just one in three asked were as bullish.

Most CFOs around the world also stated that interest rates are “about right”. That answer was particularly pronounced in the United States where 90% agreed with current levels of borrowing.

More than two-thirds (68.9%) of CFOs surveyed predict no cuts or hike from the U.S. Federal Reserve in 2019 while 22.2% forecast one hike this year.

(Note: 45 of the 124 current members of the CNBC Global CFO Council responded to this quarter’s survey, including 20 North American-based members, 15 EMEA-based members and 10 APAC-based members. The survey was conducted from Apr. 23–30, 2019.)


Company: cnbc, Activity: cnbc, Date: 2019-05-07  Authors: david reid
Keywords: news, cnbc, companies, chiefs, cfos, deal, wont, global, brexit, deadline, solved, second, finance, referendum, uk, survey, goods, members, respondents


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Stocks making the biggest moves premarket: Kraft Heinz, IBM, CBS, Tesla, Boeing & more

IBM — IBM said the Justice Department has concluded its review of its proposed acquisition of Red Hat without imposing any conditions. IBM said it expects to close the deal for Linux software distributor in the second half of the year. CBS — CBS announced that Norah O’Donnell would succeed Jeff Glor as anchor of its flagship CBS Evening News program. Berkshire Hathaway — Berkshire saw operating profit rise to $5.56 billion during the first quarter from $5.29 billion the prior year. Tesla — Tesla


IBM — IBM said the Justice Department has concluded its review of its proposed acquisition of Red Hat without imposing any conditions. IBM said it expects to close the deal for Linux software distributor in the second half of the year. CBS — CBS announced that Norah O’Donnell would succeed Jeff Glor as anchor of its flagship CBS Evening News program. Berkshire Hathaway — Berkshire saw operating profit rise to $5.56 billion during the first quarter from $5.29 billion the prior year. Tesla — Tesla
Stocks making the biggest moves premarket: Kraft Heinz, IBM, CBS, Tesla, Boeing & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-06  Authors: peter schacknow, fred imbert, eustance huang, thomas franck, silvia amaro
Keywords: news, cnbc, companies, tesla, billion, profit, kraft, share, boeing, deal, company, settlement, second, software, stocks, premarket, moves, ibm, cbs, widely, heinz, making


Stocks making the biggest moves premarket: Kraft Heinz, IBM, CBS, Tesla, Boeing & more

Check out the companies making headlines before the bell:

Tyson Foods — The poultry and beef producer reported adjusted quarterly profit of $1.20 per share, 6 cents a share above estimates. Revenue also exceeded forecasts. The company said its chicken segment is poised for improvement after hitting what it believes are profit margin lows for the year.

Kraft Heinz — The food company said it would restate its earnings for 2016 and 2017, due to misstatements in its original filings related to procurement operations. However, Kraft Heinz said the restatements would not be material. The misstatements, according to the company, were due to misconduct on the part of some employees although none were members of senior management.

IBM — IBM said the Justice Department has concluded its review of its proposed acquisition of Red Hat without imposing any conditions. IBM said it expects to close the deal for Linux software distributor in the second half of the year.

CBS — CBS announced that Norah O’Donnell would succeed Jeff Glor as anchor of its flagship CBS Evening News program.

Berkshire Hathaway — Berkshire saw operating profit rise to $5.56 billion during the first quarter from $5.29 billion the prior year. The earnings report was released prior to Berkshire’s widely followed weekend annual meeting.

Anadarko Petroleum — Occidental Petroleum increased the cash portion of its $38 billion cash-and-stock bid for Anadarko, as it seeks to convince Anadarko to abandon its deal to be acquired by Chevron.

Tesla — Tesla bid for a tariff exemption was rejected by U.S. trade officials. Tesla had sought the exemption for the Chinese-manufactured technology that controls its Model 3 vehicle.

Sinclair Broadcast Group — Sinclair announced a deal to buy 21 regional sports networks from Walt Disney for $9.6 billion. The deal had been widely reported to be imminent on Friday before the late-day official announcement.

Boeing — Officials say Boeing did not tell the Federal Aviation Administration for 13 months that it had inadvertently made a safety alarm optional on the now-grounded 737 Max jet. Boeing issued a statement saying it only discovered the issue after deliveries had begun, but that it did not represent critical safety data.

Fiat Chrysler — The automaker’s $307.5 million settlement over diesel emissions was approved by a U.S. judge. The settlement involves about 100,000 owners of diesel vehicles that allegedly had illegal software allowing excess emissions.

Dish Network — Dish was upgraded to “neutral” from “underperform” at Credit Suisse, which thinks video subscriber losses for the satellite TV provider will lessen in the second half of the year.


Company: cnbc, Activity: cnbc, Date: 2019-05-06  Authors: peter schacknow, fred imbert, eustance huang, thomas franck, silvia amaro
Keywords: news, cnbc, companies, tesla, billion, profit, kraft, share, boeing, deal, company, settlement, second, software, stocks, premarket, moves, ibm, cbs, widely, heinz, making


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Investor who became a millionaire at 26: ‘To make a lot of money, master these 10 rules’

Essentially, if you want to grow your business and make a lot of money, master these 10 rules for making a positive first impression:1. If you’re talking to someone who speaks softly, calm your voice and back up. If your eyes dart about as you talk, you’ll give the impression that you have something to hide. Meet the other person’s eyes before fixing your gaze on whatever it is that they’re talking about. Every few moments, make eye contact again.


Essentially, if you want to grow your business and make a lot of money, master these 10 rules for making a positive first impression:1. If you’re talking to someone who speaks softly, calm your voice and back up. If your eyes dart about as you talk, you’ll give the impression that you have something to hide. Meet the other person’s eyes before fixing your gaze on whatever it is that they’re talking about. Every few moments, make eye contact again.
Investor who became a millionaire at 26: ‘To make a lot of money, master these 10 rules’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: josh altman
Keywords: news, cnbc, companies, eye, rules, investor, master, theyre, second, 26, youre, youll, lot, know, person, talking, millionaire, contact, money, talk


Investor who became a millionaire at 26: 'To make a lot of money, master these 10 rules'

First impressions are important, whether you like it or not. It doesn’t matter what job you have — a first impression happens in less than a second, and it’s the biggest influencer in how people respond to you. As a real estate agent, my first interaction with a client is everything. If I come in strong with confidence and style, I set the tone for the whole deal. The client will like what I give and they’ll want to get more of it. In a recent study, researchers observed 1,000 people during three-minute speed-dating sessions. The results showed that people formed their opinions in a fraction of a second. It didn’t matter what evidence was presented to undermine their opinions. In the end, appearance trumped facts. Essentially, if you want to grow your business and make a lot of money, master these 10 rules for making a positive first impression:

1. No narcissism, ever

Runaway ego kills interaction. If a person says, “I just bought a ranch in Montana,” and you reply with, “I have an island in the Caribbean,” you’re not having a conversation, you’re just talking s—. Start a pissing match with your clients and you’ll lose business opportunities and money. When you open your mouth, gear your words toward what the other person says, not whatever is running through your head.

2. Listen

Listen like your life depends on it, because your business does. It also shows you respect them (people can tell when they’re being ignored). You might also run into the type of person who asks questions just so they can cut you off and talk about themselves. Don’t be tempted to talk back. Keep your mouth closed and your ears open. Try to really get to know the person and think of negotiation tactics.

3. Kill the jargon

Industry jargon turns people off, and at best it makes them feel insecure about what they do and do not know. Speak with simplicity, transparency and clarity. Fancy words used unnecessarily make you sound like a fool. Be real. Be confident. Be consistent. Be relatable. Be human. Or lose money.

4. Catch their draft

Psychological studies have found that people are attracted to people who are similar to them. If you’re talking to someone who speaks softly, calm your voice and back up. Don’t overwhelm them. The goal is to make them feel comfortable talking to you.

It’s all about balance. Riding the draft is the beginning of “mirroring,” and it’s a tried-and-true sales strategy.

5. Dress the part

Dress in a style that screams “success” because that’s what you want to convey to others. At all times, have clean and polished outfits in the trunk of your car. You never know when you’ll need them. Preparation is key. My clients move at a level that most of us could never imagine. They make up the world’s 1%. If a billionaire meets me in board shorts and worn-out sneakers, I’ll still come polished in a perfectly pressed suit.

6. Act the part

This coincides with “dressing the part.” Some call this “fake it ’til you make it,” but it’s not the same thing at all. There was a time in my life when I wanted to lose weight, so I’d put on workout clothes, eat healthier, got my a– to the gym and surrounded myself with people who also enjoyed exercising. It’s about retraining the mind.

7. Compliment a bit

Listen to the other person’s needs and reinforce their opinions. As a real estate agent, I often compliment potential clients or listings. I look for the elements of the property I like and tell the owner. “That facade has incredible detail.” “Wow, is that wooden mantle hand-carved?” “I love the stone work.” Such compliments are not creepy; they’re pointed toward your shared objective, which is to make money! To close the deal!

8. Make eye contact

This is standard advice for human interaction. It’s Body Language 101: Look ’em in the eyes. If your eyes dart about as you talk, you’ll give the impression that you have something to hide.

If you’re naturally a fidgety person and eye contact makes you uncomfortable, get over it. Figure it out. Practice is all it takes.

A second of eye contact is all you need. Meet the other person’s eyes before fixing your gaze on whatever it is that they’re talking about. Every few moments, make eye contact again. If you’re naturally a fidgety person and eye contact makes you uncomfortable, get over it. Figure it out. Practice is all it takes.

9. Rock through it

Energy attracts energy, so keep a positive attitude. There was this incredible wide receiver for the Pittsburgh Steelers named Hines Ward. No matter what happened in the play — dropped passes, rough tackles, passes overthrown — the man smiled. Everyone liked him. Everyone rooted for him. Meanwhile, all the other athletes were moping up and down the field and kicking over Gatorade coolers. And then there was Hines Ward, looking like the Cheshire Cat.

10. Know your role


Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: josh altman
Keywords: news, cnbc, companies, eye, rules, investor, master, theyre, second, 26, youre, youll, lot, know, person, talking, millionaire, contact, money, talk


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Apple supplier AMS surges 20% as it diversifies to Android phones

Shares of chipmaker AMS jumped more than 20% Tuesday morning after the Austrian group posted an upbeat outlook for the second quarter, amid rising demand for its 3D optical sensors in Android smartphones. The first quarter saw a spike in demand for Android smartphone launches which include AMS 3D technology, and the group expects more Android smartphones equipped with its 3D illumination solutions to launch in 2019. First-quarter revenues came in at $390.2 million, a 20% drop from the fourth qua


Shares of chipmaker AMS jumped more than 20% Tuesday morning after the Austrian group posted an upbeat outlook for the second quarter, amid rising demand for its 3D optical sensors in Android smartphones. The first quarter saw a spike in demand for Android smartphone launches which include AMS 3D technology, and the group expects more Android smartphones equipped with its 3D illumination solutions to launch in 2019. First-quarter revenues came in at $390.2 million, a 20% drop from the fourth qua
Apple supplier AMS surges 20% as it diversifies to Android phones Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: elliot smith
Keywords: news, cnbc, companies, demand, diversifies, supplier, ams, group, android, apple, quarter, 20, second, revenues, million, phones, surges, 3d, technology


Apple supplier AMS surges 20% as it diversifies to Android phones

Shares of chipmaker AMS jumped more than 20% Tuesday morning after the Austrian group posted an upbeat outlook for the second quarter, amid rising demand for its 3D optical sensors in Android smartphones.

AMS is known as the supplier of Apple’s facial recognition technology, but has looked to shed its reliance on Apple, after waning demand for the latest iPhone forced the Swiss-listed group to drop its long-term guidance and suspend dividend payments in February.

The first quarter saw a spike in demand for Android smartphone launches which include AMS 3D technology, and the group expects more Android smartphones equipped with its 3D illumination solutions to launch in 2019.

First-quarter revenues came in at $390.2 million, a 20% drop from the fourth quarter of 2018, but sitting at the upper end of AMS’ guidance. Adjusted earnings before interest and tax (EBIT) came in at $23.5 million.

The group expects revenues to reach $390-430 million in the second quarter and its operating margin to climb from 6% in the first quarter to 10% in the second.


Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: elliot smith
Keywords: news, cnbc, companies, demand, diversifies, supplier, ams, group, android, apple, quarter, 20, second, revenues, million, phones, surges, 3d, technology


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Apple supplier AMS surges 20% as it diversifies to Android phones

Shares of chipmaker AMS jumped more than 20% Tuesday morning after the Austrian group posted an upbeat outlook for the second quarter, amid rising demand for its 3D optical sensors in Android smartphones. The first quarter saw a spike in demand for Android smartphone launches which include AMS 3D technology, and the group expects more Android smartphones equipped with its 3D illumination solutions to launch in 2019. First-quarter revenues came in at $390.2 million, a 20% drop from the fourth qua


Shares of chipmaker AMS jumped more than 20% Tuesday morning after the Austrian group posted an upbeat outlook for the second quarter, amid rising demand for its 3D optical sensors in Android smartphones. The first quarter saw a spike in demand for Android smartphone launches which include AMS 3D technology, and the group expects more Android smartphones equipped with its 3D illumination solutions to launch in 2019. First-quarter revenues came in at $390.2 million, a 20% drop from the fourth qua
Apple supplier AMS surges 20% as it diversifies to Android phones Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: elliot smith
Keywords: news, cnbc, companies, demand, diversifies, supplier, ams, group, android, apple, quarter, 20, second, revenues, million, phones, surges, 3d, technology


Apple supplier AMS surges 20% as it diversifies to Android phones

Shares of chipmaker AMS jumped more than 20% Tuesday morning after the Austrian group posted an upbeat outlook for the second quarter, amid rising demand for its 3D optical sensors in Android smartphones.

AMS is known as the supplier of Apple’s facial recognition technology, but has looked to shed its reliance on Apple, after waning demand for the latest iPhone forced the Swiss-listed group to drop its long-term guidance and suspend dividend payments in February.

The first quarter saw a spike in demand for Android smartphone launches which include AMS 3D technology, and the group expects more Android smartphones equipped with its 3D illumination solutions to launch in 2019.

First-quarter revenues came in at $390.2 million, a 20% drop from the fourth quarter of 2018, but sitting at the upper end of AMS’ guidance. Adjusted earnings before interest and tax (EBIT) came in at $23.5 million.

The group expects revenues to reach $390-430 million in the second quarter and its operating margin to climb from 6% in the first quarter to 10% in the second.


Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: elliot smith
Keywords: news, cnbc, companies, demand, diversifies, supplier, ams, group, android, apple, quarter, 20, second, revenues, million, phones, surges, 3d, technology


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Amazon plans to create 400 tech jobs in Denver with new office expansion

Amazon plans to create 400 tech jobs and open a new office in downtown Denver, the company announced Tuesday. The expansion of Amazon’s Denver Tech Hub will more than double the tech workforce in the city’s metro area, where Amazon currently employs more than 350 employees, according to the company. The expansion will offer job titles spanning software and hardware engineering, cloud computing, and advertising, the company said. Denver was one of 20 cities on Amazon’s shortlist during its search


Amazon plans to create 400 tech jobs and open a new office in downtown Denver, the company announced Tuesday. The expansion of Amazon’s Denver Tech Hub will more than double the tech workforce in the city’s metro area, where Amazon currently employs more than 350 employees, according to the company. The expansion will offer job titles spanning software and hardware engineering, cloud computing, and advertising, the company said. Denver was one of 20 cities on Amazon’s shortlist during its search
Amazon plans to create 400 tech jobs in Denver with new office expansion Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: lauren feiner
Keywords: news, cnbc, companies, shortlist, company, second, denver, amazon, location, office, tech, expansion, plans, headquarters, create, 400, jobs


Amazon plans to create 400 tech jobs in Denver with new office expansion

Amazon plans to create 400 tech jobs and open a new office in downtown Denver, the company announced Tuesday.

The expansion of Amazon’s Denver Tech Hub will more than double the tech workforce in the city’s metro area, where Amazon currently employs more than 350 employees, according to the company. Amazon previously opened an office in Boulder, Colorado last fall. The expansion will offer job titles spanning software and hardware engineering, cloud computing, and advertising, the company said.

The new 98,000 square foot office will be located in Denver’s Lower Downtown neighborhood at Invesco’s 1515 Wynkoop LEED(R) Platinum building, according to the release.

Denver was one of 20 cities on Amazon’s shortlist during its search for a second headquarters location. The company ended up choosing both New York’s Long Island City and an area of Northern Virginia for its new offices before pulling out of the New York location following political backlash.

When it decided against building its second headquarters in Long Island City, Amazon said it would continue hiring across its corporate offices and tech hubs in North America, rather than reopen its search for a another headquarters location. Denver isn’t the first HQ2 shortlist location where Amazon has announced an expansion. The company said in March it will add 800 tech jobs in Austin, Texas.

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Watch: Amazon is making one-day shipping the new standard for Prime members


Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: lauren feiner
Keywords: news, cnbc, companies, shortlist, company, second, denver, amazon, location, office, tech, expansion, plans, headquarters, create, 400, jobs


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S&P 500 could pop another 15% on top of recent new highs, says closely followed strategist

Wall Street veteran Jim Paulsen believes stocks could continue to surge well past their recent recovery to the all-time highs that were last seen before the late-2018 market collapse. With first-quarter earnings season about halfway done, 77% of companies beat those lower expectations, 6% met and 17% missed. “As we get into summer and start reporting second-quarter earnings, we’ll have not … ‘much better than feared’ but maybe just good, better earnings,” argued Paulsen, saying 3,400 on the S&


Wall Street veteran Jim Paulsen believes stocks could continue to surge well past their recent recovery to the all-time highs that were last seen before the late-2018 market collapse. With first-quarter earnings season about halfway done, 77% of companies beat those lower expectations, 6% met and 17% missed. “As we get into summer and start reporting second-quarter earnings, we’ll have not … ‘much better than feared’ but maybe just good, better earnings,” argued Paulsen, saying 3,400 on the S&
S&P 500 could pop another 15% on top of recent new highs, says closely followed strategist Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: matthew j belvedere
Keywords: news, cnbc, companies, highs, recent, closely, paulsen, record, 500, better, months, 15, pop, worry, sp, second, strategist, stocks, followed, earnings, strength


S&P 500 could pop another 15% on top of recent new highs, says closely followed strategist

Wall Street veteran Jim Paulsen believes stocks could continue to surge well past their recent recovery to the all-time highs that were last seen before the late-2018 market collapse.

“The second driver for this rally in the second half of the year” could be “better earnings” in addition to continued strength in the economy, the chief investment strategist at Leuthold Group told CNBC on Monday, following the S&P 500’s fresh all-time closing high Friday. The index Tuesday logged its first record since September. So far in 2019, the index was up more than 10%, including a new intraday high Monday.

Paulsen characterized corporate earnings for the first three months of 2019 as “much better than feared,” pointing out the earnings recession that many were concerned about at the beginning of the year did not and likely won’t materialize. With first-quarter earnings season about halfway done, 77% of companies beat those lower expectations, 6% met and 17% missed.

“As we get into summer and start reporting second-quarter earnings, we’ll have not … ‘much better than feared’ but maybe just good, better earnings,” argued Paulsen, saying 3,400 on the S&P 500 could be a real possibility. That would represent a 15% advance from Friday’s record finish and a whopping 44% premium to the index’s bruising low on Christmas Eve.

Last Monday, Paulsen put out a note that argued the market’s so-called Worry Gauge shows that, despite this year’s strength, investors remain really scared. And, perhaps counterintuitively, that could drive stocks higher.

Looking at stocks’ forward performance since 1970, when the Worry Gauge was in the top quintile, as it is now, the S&P 500 pulled off an 18.48% annualized return within three months, or 4.33% nonannualized, Paulsen wrote. What’s more, there has only been a 25% chance of a loss within 13 weeks, he added.


Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: matthew j belvedere
Keywords: news, cnbc, companies, highs, recent, closely, paulsen, record, 500, better, months, 15, pop, worry, sp, second, strategist, stocks, followed, earnings, strength


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Friday’s report of first quarter growth should show economy is strong and no recession in sight

Over the past week, as the late quarter data was released, economists boosted their forecasts. Stanley said he expects that he expects growth of about 3.3% for the second quarter. He expects to see a comeback by the consumer, after sluggish spending growth in the first quarter. He also said there are signs business spending will also pick up in the second quarter. Economists said that first quarter growth has traditionally been weaker because of seasonal factors.


Over the past week, as the late quarter data was released, economists boosted their forecasts. Stanley said he expects that he expects growth of about 3.3% for the second quarter. He expects to see a comeback by the consumer, after sluggish spending growth in the first quarter. He also said there are signs business spending will also pick up in the second quarter. Economists said that first quarter growth has traditionally been weaker because of seasonal factors.
Friday’s report of first quarter growth should show economy is strong and no recession in sight Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: patti domm, getty images
Keywords: news, cnbc, companies, spending, economy, data, quarter, fridays, growth, second, forecast, report, gdp, strong, sight, expects, recession, know, fears


Friday's report of first quarter growth should show economy is strong and no recession in sight

Traders are paying closer than normal attention to the data, which is viewed as backward looking, because of the recession fears and what implication it might have for growth heading into the second quarter. Dow Jones consensus forecast is for 2.5% growth, while CNBC/Moody’s Analytics GDP Survey shows economists have a median forecast of 2.4%.

“Almost half the quarter you had the threat of the March 1 tariff hike hanging over everyone. That went away, but it should not be a surprise the quarter started out on a really weak note. The fears were exasperated by the fact we didn’t have data for awhile and we were kind of in a vacuum,” Stanley said.

Over the past week, as the late quarter data was released, economists boosted their forecasts. The GDP report is expected at 8:30 a.m. ET Friday.

“We already know the first quarter is stronger than people expected. We might get some headline affect, but we’re not going to learn a lot we already don’t know,” said Marc Chandler, chief market strategist at Bannockburn Global Forex.

Stanley said he expects that he expects growth of about 3.3% for the second quarter. He expects to see a comeback by the consumer, after sluggish spending growth in the first quarter. “Given the blowout retail sales we saw in March, the stage was set for a nice bounce back in Q2,” he said. He also said there are signs business spending will also pick up in the second quarter.

Economists said that first quarter growth has traditionally been weaker because of seasonal factors.


Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: patti domm, getty images
Keywords: news, cnbc, companies, spending, economy, data, quarter, fridays, growth, second, forecast, report, gdp, strong, sight, expects, recession, know, fears


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