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As Ohio voters cast ballots in Tuesday’s presidential primary, the economy — specifically manufacturing jobs — will be front and center on many voters’ minds. “We have to have a strong manufacturing base for this country to survive,” said Brandon Lamoncha, sales manager and solution provider at Humtown, a third-generation, family owned manufacturer in Columbiana,
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Chevron. Karen Finerman was a buyer of General Motors. Steve Grasso was a buyer of Lennar. Dan Nathan was a buyer of the Long-Term Bond ETF. Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, AMZA, ACB,
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Shares of National Beverage Corp., the maker of popular seltzer water LaCroix, skidded 16 percent after CEO Nick Caporella blamed a drop in sales and profit on “injustice.” The company’s profit slumped 39.6 percent to $24.8 million during the three months ended Jan. 26, compared with $41.1 million during the same period a year earlier,
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Check out the companies making headlines midday Friday: Big Lots — Shares of Big Lots jumped 15.33 percent after the company reported better-than-expected fourth-quarter earnings. The retailer’s earnings came in at $2.68 earnings per share, 38 cents higher than a Refinitiv forecast. The company’s same-store sales were up 3.1 percent, nearly triple Refinitiv’s estimate of
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The U.S. should increase taxes on the wealthy as the disparity between the rich and poor has reached extreme levels, investor Jeremy Grantham said Thursday. “I arrived in 1964, and America was a fairly equal place with fairly rapid mobility between socioeconomic classes,” Grantham, an investor who manages more than $100 billion in assets at
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Harry Macklowe with now-wife Patricia Landeau in May 2018. (Photo by Amber De Vos/Patrick McMullan via Getty Images)Getty Harry Macklowe, the developer behind New York’s famed 432 Park Avenue building—the tallest residential building in the western hemisphere—has plastered a towering 42-foot-by-24-foot photo of him and his now-wife, Patricia Landeau on the northwest corner of the building, as the New
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What if I told you that a (potential) mistake in the regulations could cause you to inappropriately allow your clients to: use the cash method of accounting, treat inventory as non-incidental materials and supplies, ignore the morass that is the uniform capitalization rules of Section 263A, and, perhaps most importantly, avoid the application of the
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