Editors’ pick: Originally published Nov. 17.
If there’s a widely held – but false – belief about Social Security, it is that the monthly check (the average amount is $1,341, and the maximum amount is about $3,576) is tax free. Don’t tell that to the 40% of beneficiaries who pay federal income tax on the check. There’s even a special IRS publication devoted to the Social Security tax bite.
Additionally, 13 states tax Social Security: Colorado, Connecticut, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Rhode Island, Utah, Vermont and West Virginia.
Don’t think you don’t have to file an IRS return because you collect Social Security. If it’s your only income – 43% of singles use Social Security for 90% of their income – you in fact don’t have to file. But when other income enters the picture – if you earned more than $11,850 in the most recent tax year – you do.
us stock market holidays: Navidea Biopharmaceuticals, Inc.(NAVB)
- [By Monica Gerson]
Navidea Biopharmaceuticals Inc (NYSE: NAVB) shares rose 8.80 percent to $0.950 in pre-market trading as the company reported an unsolicited offer to refinance CRG loan.
us stock market holidays: Joy Global Inc.(JOY)
- [By Dan Caplinger]
Income investors appreciate stocks that pay lucrative dividends, and recently, many companies have seen the value in treating shareholders well by boosting their regular payouts. Yet a few holdouts simply don’t show their appreciation for their investors through dividends. For whatever reason, rather than having no dividend at all, Joy Global (NYSE:JOY), Textron (NYSE:TXT), and Global Payments (NYSE:GPN) maintain the tiniest of quarterly payments. Let’s look more closely at these stocks to see why they do what they do with their dividends.
us stock market holidays: Turkcell Iletisim Hizmetleri AS(TKC)
- [By Lisa Levin]
In trading on Wednesday, telecommunications services shares slipped by 0.08 percent. Meanwhile, top losers in the sector included Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE: TKC), down 2 percent, and Telefonica Brasil SA (ADR) (NYSE: VIV), down 2.5 percent.
us stock market holidays: Panasonic Corporation (PCRFY)
- [By SEEKINGALPHA.COM]
A Unilever vs. Panasonic (OTCPK:PCRFY) showdown seems to be something out of an alternative, weird universe. But that’s exactly what has been happening in the Asia-Pacific region, where Unilever is now a major seller of air and water purification devices. The acquisitions of Qinyuan and Pureit water purifiers, as well as the acquisition of Sweden-based Blueair in 2016, reflects Unilever’s latest growth strategy of reducing exposure to low-growth brands in favor of greater investments in higher-growth products with strong social and environmental credentials.
- [By SEEKINGALPHA.COM]
SMMYY is a subsidiary of the Sumitomo Group. SMMYY is a major smelter and refiner of copper, nickel and gold in Japan, and has a 27.5% stake in the Ambatovy Nickel Project in Madagascar, along with Sherritt International and Korea Resources Corp. Feedstock for the refinery is nickel cobalt mixed sulphide from its Taganito and Coral Bay mines in the Philippines (noting the Philippines is a risky supply source at this time). Sumitomo supply Panasonic (OTCPK:PCRFY) who supply Tesla (NASDAQ:TSLA); however, this can change. Generally, I like the stock; however, at this time, valuation looks full, trading on a 2017 PE of 32.8, and 2018 PE of 14.8. Good to buy after a pullback if that occurs.
- [By Ben Levisohn]
During the early stages of a new innovation, interdependent architectures and integrated companies best optimize performance and functionality. This trend has played out in computing and handsets, and we see the same trend playing out in EVs. We find Tesla and BYD1 , by far, the most vertically integrated players in EVs, with huge scale advantages. In addition, LG Chem, Panasonic (PCRFY), Samsung SDI, BYD, and CATL are clear scale leaders in batteries (CATL is not publicly traded. All but Samsung SDI and BYD are not covered by Bernstein.).
- [By SEEKINGALPHA.COM]
Clean Technica reported on September 1 that “Sony is entering the EV battery manufacturing industry”. And “considering that electric vehicle batteries are going to be the main supply bottleneck for the upcoming auto market’s embrace of EVs, the entry of Sony into the field is very notable. Most of the other manufacturers (Panasonic (OTCPK:PCRFY), LG Chem (OTC:LGCLF), etc.) already have more or less all of their production capacity locked up for the coming years – meaning there’s not much left for the auto manufacturers that are running behind, thereby limiting potential EV sales for the firms in question. Sony’s (NYSE:SNE) entry into the field should open things up a bit more”. Certainly a good move by Sony and helpful for the EV companies that will find themselves in need of batteries, and limited availability, should EVs reach 10% by 2020.
us stock market holidays: eBay Inc.(EBAY)
- [By WWW.THESTREET.COM]
Hundreds of companies have come out in support of the Paris climate agreement, sealed in December 2015. More than 300 businesses in November signed an open letter calling on Trump and Congress to stay in the pact, including Nike (NKE) , General Mills (GIS) , Tiffany & Co. (TIF) , eBay (EBAY) and Gap (GPS) . Apple (AAPL) , Microsoft (MSFT) and Facebook (FB) were among those signing onto an ad sponsored by sustainability advocate Ceres backing the agreement. The group has also gotten the support of over 280 investors representing more than $17 trillion of assets.
- [By Vikram Nagarkar]
We know how Paypal (NSDQ:PYPL) gained from its integration oneBay (NSDQ:EBAY), but this could be much bigger. Offering point-of-sale services in this evidently under-penetrated market, could potentially make Payfort a big beneficiary of the inevitable growth of the digital economy in these regions. Last but not the least, there’s a synergy here, with Amazon also looking to make inroads in the online payments space.
- [By Stark Merrifield]
That includes Yahoo! Inc. (Nasdaq: YHOO), Amazon.com Inc. (Nasdaq: AMZN), eBay Inc. (Nasdaq: EBAY), Alphabet Inc. (Nasdaq: GOOGL), and Facebook Inc. (Nasdaq: FB) – their combined market caps are worth $1.5 trillion.
- [By WWW.THESTREET.COM]
Alphabet’s (GOOGL) Waymo has hired Tekedra Mawakana as its new VP of public policy and government affairs, according to Recode.
The hire illustrates the company preparing for a legal war against Uber regarding autonomous vehicles, and for policy battles regarding government affairs with Washington and around the country.
“As we take fully self-driving cars to the roads, Tekedra will work with policymakers at all levels to realize the enormous safety, mobility and economic benefits of this technology,” CEO of Waymo John Krafcik said in a statement to Recode on Monday.
Mawakana has previously served as VP of global government relations at eBay (EBAY) , Yahoo’s! (YHOO) deputy general counsel and has held policy positions over the course of about a dozen years at AOL.
(Alphabet is a core holding in Jim Cramer’s charitable trust Action Alerts PLUS. See all of his holding with a free trial here. )
- [By Douglas A. McIntyre]
When Skype was launched in 2003, the notion that people could connect via video call was something new, particularly because the service was free. It was a time when long distance calls, particularly those made overseas, could still be expensive, and video call technology was not available to most people at all. The innovations of the product were great enough thateBay Inc. (NASDAQ: EBAY) bought the company for over $2.5 billion in 2005. That made it a father of the “unicorn” category. After it passed through other hands, Microsoft Corp. (NASDAQ: MSFT) paid $8.5 billion for it in 2011.