Facebook’s market leading position in the advertising market is unmatched, according to Jefferies. The firm raised its price target to $240 from $215 for Facebook shares, predicting its second-quarter sales results will be above expectations. Jefferies also reiterated its buy rating for the company. “We see continued strength from advertisers seeking the best ROI online
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An interview with billionaire private equity titan and founder of Blackstone, Stephen Schwarzman. In this interview, Stephen discusses his unusual investment strategies and creating the firm, Blackstone. Stephen also talks about his life, worries for the future and advice to young people. ? Books on Stephen Schwarzman and Stephen Schwarzman’s favourite books are located at
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Ancient Greek Coins (VASSILIS PSOMAS/AFP/Getty Images) The four most expensive words in the English language are “this time it’s different.” – Sir John Templeton, Investor It’s different this time, and it’s also not different this time. It’s different this time because the credit-driven global U.S. economy is burdened with a monumental level of financial obligations
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Just months after eliminating most tax deductions for individuals, congressional lawmakers have advanced a bill that would make some fitness expenses a write-off. Gym memberships and certain other exercise costs would qualify as medical expenses for tax purposes, under legislation that cleared the House Ways and Means Committee on Thursday. The break for eligible health
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It appears even nominees to the highest court in the land aren’t immune to getting up to their eyeballs in credit card debt. Brett Kavanaugh, President Trump’s nominee to replace retiring Supreme Court Justice Anthony Kennedy, had accumulated somewhere between $60,000 and $200,000 in debt on three credit cards and one personal loan by 2016,
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Papa John’s reputation with executives in the pizza industry has deteriorated after public backlash against its founder, John Schnatter, CNBC’s Jim Cramer said Thursday. “When you talk to high-level people in the pizza industry, there are people who think this company is falling apart,” Cramer said on “Squawk on the Street.” Cramer spoke as the
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