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High dividend yield stocks can boost investors' portfolio income — if they are willing to take some risk — and Wells Fargo Investment Institute has a list of its favorite picks. Further, a company that offers a high dividend yield may be more likely to cut the payment when times get tough. Chevron , a top pick in Wells Fargo's integrated oils coverage, made the high dividend yield list. Wells Fargo Investment Institute also highlighted PepsiCo in its high dividend yield screen. Other names on Wells Fargo's high dividend yield list include Medtronic , Lockheed Martin and Cisco Systems .
Persons: Thomas Christopher, Christopher, Wells, Roger Read, Hess, Read, Jefferies, Kaumil Gajrawala, Omnicom, Lockheed Martin Organizations: Wells, Wells Fargo Investment Institute, Investment Institute, Chevron, Exxon Mobil, Hess Corp, PepsiCo, Gatorade, Quaker Oats, Frito, Omnicom, Lockheed, Cisco Systems Locations: Wells Fargo, Guyana
Final Trades: Cisco Systems, Arch Capital, Pfizer, and the COWZ
  + stars: | 2024-07-17 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Cisco Systems, Arch Capital, Pfizer, and the COWZThe Investment Committee give you their top stocks to watch for the second half.
Organizations: Cisco Systems, Arch Capital, Pfizer, Investment
And Urban Decay was the first brand to have all recycled paper cartons," she told BI. "So it's not like Caliray's wellness and sustainability is a 180 departure from Urban Decay. Wende Zomnir at an Urban Decay party in 2018. Wende Zomnir CalirayStarting fresh with CalirayConceptualizing a new makeup brand with a California aesthetic was a no-brainer for Zomnir. While on the road promoting Urban Decay, she noticed that people asked her the same questions: What's California like?
Persons: I'm, Zomnir, she's, Calvin Klein, Elizabeth Arden skincare, Leo Burnett, Sandy Lerner, Lerner, she'd, Wende, Han Myung, Carol Hamilton, Tara Simon, Caliray's mascara, Caliray, There's, She's Organizations: Business, Leo, Leo Burnett Worldwide, Cisco Systems, Beauty Independent, Urban, Fast Company, BI Locations: New Jersey, she's, Newport Beach , California, It's, Texas, California, Sandy, L'Oréal, Sephora
"There are better places to make money with a lot lower risk," he added, naming several stocks he likes right now. "Right now, technology stocks are selling at 30 and 40 times earnings. The markets are at 22 times earnings. Trading at 22 times forward earnings, he said the stock offers "a great business at a very good price." The market is 21 times earnings.
Persons: David Katz, CNBC's, Katz, We're, — CNBC's Amelia Lucas Organizations: Nvidia, Cisco Systems Technology, Cisco Systems, Cisco, Starbucks, Bank of New York Mellon, PNC Financial Services Locations: U.S, Israel
There has been a fair amount of nervous chatter lately about the state of the stock market. As of Thursday's close, the S & P 500 was up about 15% in 2024, while the Nasdaq Composite was just shy of 19%. Companies like Microsoft , Cisco Systems and Intel were among the biggest gainers in the S & P 500. Further, the S & P 500 Equal Weighted Index , with a roughly 4% gain in 2024, is far underperforming its capital-weighted counterpart. .SPXEW .SPX YTD line The S & P 500 Equal Weighted Index vs. the S & P 500 in 2024 Having said that, in years past, these types of divergences would worry me to the point of distraction.
Persons: it's, Bubbles, It's, rebalancing, Ron Insana Organizations: Nasdaq, Microsoft, Cisco Systems, Intel, Federal Reserve, Nvidia, CNBC Locations: U.S
Wall Street's best analysts have insight into companies' ability to provide attractive dividend yield and upside for the long term. Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. With a quarterly dividend of $1.22 per share ($4.88 on an annualized basis), KMB offers a dividend yield of 3.5%. In June, the company paid a base dividend of $1.25 per share and a variable dividend of $1.69 per share. (See Chord Energy Stock Charts on TipRanks)Cisco SystemsOur third pick is dividend-paying technology stock Cisco Systems (CSCO).
Persons: Wall Street's, Wall, Kimberly, Clark, Nik Modi, Modi, Mike Hsu, TipRanks, William Janela, Janela, Jefferies, George Notter, Notter Organizations: Cisco, Clark Consumer, KMB, RBC Capital, Energy, Enerplus, Cisco Systems Locations: San Jose , California, Kimberly, North America, Williston
This week, the pope is due to make an historic intervention in the debate around AI at the G7 summit in southern Italy’s Puglia region. AI, the pope believes, can make the world a better place only if it serves the “common good” and does not increase inequalities. European Union lawmakers have already passed a law regulating AI, while a bipartisan group of US senators have set out plans for AI regulation that could lead to federal legislation. “AI and emerging technologies are on Pope Francis’ radar screen,” Larrey, now a professor of philsophy at Boston College, told CNN. It’s clear that Francis sees AI as part of what he called the “epochal change” taking place at the beginning of the 21st century.
Persons: Pope Francis, Francis, Joe Biden, , , Paolo Benanti, Benanti, ” Benanti, Vincenzo Paglia, Giorgia, Francis ’, Father Antonio Spadaro, Philip Larrey, Larrey, Pope Francis ’ Organizations: CNN, Catholic, Pontifical Academy for Life, Microsoft, IBM, Cisco Systems, United Nations, Food, Agriculture Organization, Union, Philosophy Department, Pontifical Lateran University, Boston College Locations: Italy’s Puglia, ” Italy, Puglia “, Puglia, Rome, Nevada
Another earnings report, another sell-off in extended trading for Palo Alto Networks . Palo Alto Networks Why we own it: We believe cybersecurity is a secular growth market as bad actors are relentless and companies simply cannot afford to not invest in defense. We believe Palo Alto Networks, in particular, is uniquely positioned to win due to its best-in-class tools and broad product portfolio that allows it to provide an all-encompassing "platform" solution to cybersecurity. This transaction was the largest in the history of Palo Alto Networks at nearly $150 million" of total contract value. Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.
Persons: , Nikesh, billings, we'd, Arora, I'm, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Palo Alto Networks, Revenue, LSEG, billings, Palo Alto, Alto Networks, Cisco Systems, Billings, Palo, Healthcare, CNBC, Bloomberg, Getty Locations: Palo, billings, Palo Alto, Santa Clara , California, U.S
Nvidia is still considered cheap and can rise after its earnings report, according to Dan Niles. The semiconductor stock turned artificial intelligence darling has run up big, said the Niles Investment Management founder. "That's why my thoughts are, you get [a] slight move up in the stock when they report," he said on CNBC's " Money Movers ." With this in mind, Niles said traders should look for periods of digestion in Nvidia before the next leg up. The Magnificent Seven stock has climbed more than 90% this year as the AI craze remains top of mind for investors.
Persons: Dan Niles, Niles, LSEG Organizations: Nvidia, Niles Investment Management, Cisco Systems
No one is laughing about Jayshree's company, either, as her white box solutions are beating Cisco Systems when it comes to the internet plumbing that connect Nvidia chips to the Titans. Last year at this time, Nvidia snuck into the U.S. trillion-dollar market cap club, with that May quarter. What does Nvidia really have to do then for an encore? Now we are getting into what Jensen does to beat expectations. Tall order, but Nvidia is a company that's beaten tall orders routinely we just didn't really know it until last May.
Persons: Jensen Huang, Jensen, Claude, let's, Blackwell, Andy Grove, Intel's, doesn't, — Jensen, Collette Kress, Mills, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Josh Edelson Organizations: Nvidia, Titans, Arista Networks, Microsoft, Meta, Cisco Systems, Google, Apple, Devices, Intel, Merck, Keytruda, Vision, AMD, Grove, Union Pacific, Club, GE, Jim Cramer's Charitable, CNBC, SAP Center, Afp, Getty Locations: San Jose , California
Under Armour — The sportswear maker's Class A shares slumped 11% and its Class C stock fell 9% after it issued lower-than-expected full-year earnings guidance. Under Armour now expects earnings in the range of 18 cents to 21 cents while analysts polled by FactSet had forecast 59 cents. Cisco Systems also hiked its 2024 revenue guidance, saying it now expects revenue of $53.7 billion at the midpoint of a range. Meme stocks — Shares of AMC and GameStop extended losses following the revival of the meme stock movement on Monday and Tuesday. Baidu reported CNY 31.51 billion ($4.7 billion) of revenue, topping the CNY 31.34 billion expected by analysts, according to StreetAccount.
Persons: Armour, FactSet, Goose, Warren Buffett's Berkshire Hathaway, Chubb, Deere, GoodRX, Raymond James, John Ransom, Coupang, Tesla, — CNBC's Michelle Fox, Hakyung Kim, Sarah Min, Samantha Subin, Jesse Pound Organizations: Walmart, Wall, LSEG, Revenue, , Berkshire, Cisco Systems, AMC, GameStop, Deere, Company, Baidu, UBS, ISI, European Union, Facebook Locations: Krakow, Poland, The Seattle
Stock Chart Icon Stock chart icon The Dow, all-timeThe average was created by Charles Dow in 1896 with just 12 industrial stocks. Paired with the Dow Jones Transportation Average , the two were collectively meant to offer a gauge for the broader economy. The sole caveat: No utility or transportation stocks are included, given the existence of the Dow Jones Utility Average and Transportation Average. 1972: Dow hits 1,000It may be hard to imagine given the recent achievement, but the Dow traded below 1,000 until the early 1970s. The Dow saw its worst year since 2008 in 2022, though 2023's rebound allowed the index to erase those losses.
Persons: Spencer Platt, Dow, Charles Dow, There's, Richard Nixon, Alcoa Esmark, Du Pont, Dow didn't, Walt Disney, Eastman Kodak Merck Alcoa ExxonMobil Phillip Morris, T General Motors Sears, Morgan, Phillip Morris, Walmart Du Pont J.P, Morgan Chase Walt, Donald Trump, General Electric Nike American Express Goldman Sachs, Morgan Chase, Johnson, Joe Biden, Trump, Goldman Sachs, Gamble Amgen, Organizations: New York Stock Exchange, Getty, Dow Jones, Dow Jones Transportation, P Global, Dow, CNBC, General Foods, Harvester, Chevron, Procter, Gamble, Alcoa, Manville, ExxonMobil, Illinois Glass American Tobacco General Electric Procter, General Foods Sears Roebuck AT, T General Motors Texaco Bethlehem Steel, T General Motors Texaco Bethlehem Steel Goodyear Union Carbide Chevron Honeywell United Technologies Chrysler International Harvester US, Nickel Westinghouse Electric Eastman Kodak International, Woolworth, Oasis, Eastman Kodak Merck Alcoa ExxonMobil, Express General Electric Procter, Gamble AT, T General Motors, T General Motors Sears Roebuck Bethlehem Steel Goodyear Texaco Boeing Honeywell Union Carbide Caterpillar IBM United Technologies Chevron International, Walt Disney, Morgan Chase Westinghouse, Apple, Microsoft, Sears and Union Carbide, Eastman Kodak Johnson, Johnson Alcoa ExxonMobil, American Express General Electric Merck AT, T, Goodyear Procter & Gamble Caterpillar Hewlett, Packard Sears, Chevron Honeywell Union Carbide Citigroup IBM United Technologies, Walmart, Morgan Chase Walt Disney, Visa, Travelers, Nike, General Electric Nike American Express, General Electric Nike American Express Goldman Sachs Pfizer Apple Home Depot Procter, Gamble Boeing IBM Travelers Caterpillar Intel United Technologies Chevron, Morgan Chase UnitedHealth, Cisco Systems Johnson, Johnson Verizon, Cola McDonald’s, Du Pont Merck Walmart ExxonMobil Microsoft Corporation Walt Disney, Exxon Mobil, Walgreens Boots Alliance, Goldman Sachs Nike American Express Home Depot Procter, Gamble Amgen Honeywell, Apple Intel Travelers Cos Boeing IBM, Caterpillar Johnson, Johnson Verizon Chevron, Cisco Systems, Walgreens, Alliance Coca Cola Merck Walmart Dow Microsoft Walt Disney Locations: New York City, T General Motors Texaco Bethlehem Steel Goodyear, America
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThursday’s rapid fire: Walmart, Deere, Chubb, Cisco Systems and Under ArmourCNBC’s Jim Cramer on Thursday weighed in on the stock moves of Walmart, Deere, Chubb, Cisco Systems and Under Armour.
Persons: Armour, Jim Cramer Organizations: Walmart, Deere, Chubb, Cisco Systems
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Walmart : Shares jumped more than 6% after the retail giant delivered a quarterly earnings beat and said it may now exceed the high end of its sales and adjusted earnings per share. "They go aisle by aisle, and they talk about how in food they've got deflation," Jim Cramer said. Chubb : Shares jumped 3.5% after Warren Buffett's Berkshire Hathaway revealed in a securities filing Wednesday night that it'd been buying a stake in the insurer. Cisco Systems : Shares dropped nearly 2% despite the networking company's better-than-expected quarterly results and upward revision to fiscal 2024 guidance.
Persons: Jim Cramer's, Jim Cramer, That's, Cramer, Chubb, Warren Buffett's Berkshire Hathaway, it'd, Kevin Plank Organizations: CNBC, Club, Walmart, Deere, Cisco Systems
Chubb became Berkshire's ninth biggest holding at the end of March, according to a new regulatory filing. AST SpaceMobile — Shares rocketed 33%. Cisco Systems — Shares jumped nearly 5% after the IT giant reported fiscal third-quarter adjusted earnings of 88 cents per share on revenues of $12.70 billion. The results topped analysts' estimates for earnings of 82 cents per share on revenues of $12.53 billion, according to LSEG. Palo Alto Networks — The cybersecurity company saw its stock rise 1% after announcing it will buy cloud security software assets from IBM .
Persons: Chubb, Berkshire Hathaway, Riley, Hawkins —, — CNBC's Scott Schnipper Organizations: AST, Cisco Systems —, Riley, Management, Alto Networks, IBM, Palo Alto Locations: Zurich, Los Angeles, Hawkins — The Minnesota, Palo
Market talk : The S & P 500 and Nasdaq jumped to new intraday highs Wednesday, extending the gains from the prior session's late-day rally. In fact, the S & P 500 broke above 5,300 for the first time ever. The one thing we're staying guarded about in this rally is how overbought the stock market has become. You have to go back to last December to find a time when the S & P 500 Short Range Oscillator was this overbought. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Dow, Jan, Danaher, prudently, Cramer, we're, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Bank of America Healthcare, Disney, Cisco Systems, Walmart, Deere, Baidu, Jim Cramer's Charitable Locations: China
In today's big story, we're looking at Google's big event that's pitching all the ways AI agents can make our lives easier . Google I/O, the tech giant's biggest developer conference, was heavy on the rise of so-called AI agents , writes Business Insider's Hugh Langley, who was there in person. AdvertisementGoogle's faithful, old search engine got a noticeable facelift with the help of AI , writes BI's Geoff Weiss. Steven Puetzer/Getty, Tyler Le/BIThe stakes for Google are high, as nailing AI agents opens up a massive business opportunity. For AI agents to be so intuitive, they'll need access to seemingly every aspect of our lives.
Persons: , Tyler Le, you've, OpenAI's ChatGPT, Hugh Langley, Sundar Pichai, Geoff Weiss, Hugh, Alistair Barr, Gregory Wayne, Steven Puetzer, hasn't, Alistair, Demis Hassabis, Minchillo, Keith Gill, Naz Vahid, Andy Sieg's, Noah Berger, Jia Feng, Tingting Ji, Jenny Chang, Rodriguez, BI's Peter Kafka, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Google, Astra, GameStop, AMC Entertainment, JPMorgan, Citi, Amazon Web Services, Walmart, UPS, Nielsen, Cisco Systems, Warner Bros, Discovery Locations: New York, Dublin, London
Stock futures were little changed as Wall Street braced for April's consumer price index. Futures tied to the Dow Jones Industrial Average added 17 points, while S&P 500 futures and Nasdaq 100 futures hovered near the flatline. The Dow Jones Industrial Average gained 0.32%. Economists polled by Dow Jones expect the consumer price index to show a 0.4% monthly gain, or a 0.3% increase excluding food and energy. Tuesday's producer price index for April contributed to that narrative, showing a 0.5% gain in wholesale prices, above the 0.3% estimate from Dow Jones.
Persons: Nextracker, Dow Jones, Tom Lee Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Dow Jones Industrial, Investors, Federal, Dow, Fundstrat Global, Cisco Systems Locations: New York City
Gen Z is getting hit hard by inflation
  + stars: | 2024-05-12 | by ( Krystal Hur | ) edition.cnn.com   time to read: +8 min
For Gen Z, it was the Covid-19 pandemic. Why are we seeing that Gen Z is tapping into their credit more than their Millennial counterparts 10 years ago? Most Gen Z consumers are not homeowners. And so I think that’s been a big cause of what’s been driving a lot of that financial strain that Gen Z consumers have seen. The key is to not use the personal loans to pay off credit card debt and then run your credit card bills right back up after you do that.
Persons: TransUnion, Zers, Millennials, Gen Zers, Bell, Charlie Wise, we’ve, haven’t, You’re, Rishi Sunak, Hanna Ziady, Anna Cooban, Philip Jefferson, Loretta Mester, Jack, Neel Kashkari Organizations: CNN Business, Bell, New York CNN, Gross, Office, National Statistics, Bank of England, P, Federal, Cleveland Fed, Depot, US Labor Department, Cisco Systems, US Commerce Department, National Association of Home Builders, Index, Minneapolis, Walmart, Applied, Co, Baidu, Board Locations: New York, Kingdom, Wells Fargo
Just seven S & P 500 names are slated to post their quarterly figures, including Home Depot and Walmart. Management is scheduled to hold a call at 4:30 p.m. Last quarter: Cisco posted fiscal second-quarter results that beat expectations. What history shows: Cisco shares have risen after the last six earnings releases, Bespoke data shows. Thursday Walmart is set to report earnings in the premarket, followed by a call at 8 a.m. Last quarter: Walmart earnings topped analysts' estimates, thanks to soaring e-commerce sales . What history shows: Walmart has beaten bottom-line forecasts 71% of the time, per Bespoke.
Persons: Wells, Zachary Fadem, LSEG, Samik Chatterjee, Robert Ohmes Organizations: Home Depot, Walmart, CNBC, Investment, Cisco Systems, Management, Cisco, JPMorgan, Campus Networking, Bank of America
All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.
Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City
Read previewOver the past three decades, I've witnessed various approaches to performance-improvement plans (PIPs) as an HR executive across five different industries and three countries. Once the PIP process begins, this fracture in trust is seldom repaired. AdvertisementA better approach involves choiceFrom 1998 to 2004, I was an HR executive at Cisco Systems, where I encountered a novel approach to the traditional PIP process. Prior to my arrival, Cisco had recognized that something was broken in the PIP process. Looking at the data and listening to employees, the HR team developed a new approach that involved choice.
Persons: , I've, Steve Cadigan Organizations: Service, Business, underperformance, Cisco Systems, Cisco
Tesla : Shares fell more than 4% after the electric vehicle maker issued another round of price cuts in major markets including the U.S., Germany and China. I think you have to wait to see what they say rather than make a judgement," Jim Cramer said. Cisco Systems : JPMorgan analysts resumed coverage of Cisco Systems with a neutral rating and $53 price target, citing a muted medium-term earnings growth outlook. Verizon : Shares fell nearly 3% after the telecommunications giant delivered an earnings beat and lost fewer-than-expected wireless subscribers in the three months ended March 31. Papa John's : Shares rose about 1.5% after analysts at Stifel upgraded the pizza chain to hold from sell, contending expectations are reasonable.
Persons: Jim Cramer's, Tesla, Jim Cramer, Chuck Robbins, Cramer, John's, Papa Organizations: CNBC, Club, Cisco Systems, JPMorgan, Verizon, BMO Capital Markets, Seattle, Stifel Locations: U.S, Germany, China, New Jersey, Papa John's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonday’s rapid fire: Tesla, Cisco Systems, Verizon, Prologis and Papa John’sCNBC’s Jim Cramer on Monday offered his thoughts on a number of stocks outside the Investing Club portfolio including Tesla and Papa John’s.
Persons: Papa John’s, Jim Cramer, Tesla Organizations: Cisco Systems, Verizon, Monday
Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Enterprise Products PartnersThis week's first dividend stock is Enterprise Products Partners (EPD), a midstream energy services provider. (See EPD Technical Analysis on TipRanks)Goldman SachsLet's move to Goldman Sachs (GS), one of the leading investment banks in the U.S. In the first quarter, Goldman Sachs returned $2.43 billion of capital to shareholders through share repurchases worth $1.5 billion and dividends of $929 million. (See Goldman Sachs Stock Buybacks on TipRanks)Cisco SystemsFinally, let's look at Cisco Systems (CSCO), a networking equipment maker.
Persons: Wall, Elvira Scotto, Scotto, TipRanks, Goldman Sachs, Stephen Biggar, Tal Liani, Cisco's, Liani Organizations: Wall Street, Enterprise Products, Enterprise Products Partners, RBC Capital, U.S, Goldman, Biggar, Securities Industry, Financial Markets Association, Cisco Systems, Cisco, Bank of America Securities Locations: Delaware, industrywide
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