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☆ These companies are flush with cash if a recession hits. Consider buying these 10 fortress stocks
▼ + stars: | 2022-11-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Because of this, Morgan Stanley compiled a list of fortress stocks that could situate and protect investors' portfolios for a pending recession. It offers a cash-to-enterprise value of 11.3%, with free cash flows expected to grow just 1.6% next year, before jumping to nearly 31% the year after. The company's free cash flows are forecasted to grow 20.9% next year and 11.1% the following year. Multiple semiconductor names were included in the screen, including Qualcomm , which offers cash as a percentage of enterprise value of 4.3%. The company is expected to grow free cash flows by 64% next year, but that's forecasted to slow to just 17.4% the following year.

☆ These favored stocks are down by more than 20% and are poised to pop soon, says Morgan Stanley
▼ + stars: | 2022-11-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Morgan Stanley highlighted stocks that may be good contenders that are "ripe for repurchase" after investors have realized their tax losses. Morgan Stanley's Brian Nowak cut his price target on Alphabet last month to $125 from $135. Meanwhile, Disney , which whiffed on Wall Street's expectations for top and bottom lines , is also on Morgan Stanley's list. Advanced Micro Devices also caught Morgan Stanley's attention. Shares have taken a beating in 2022, toppling over by 47%, but Morgan Stanley remains positive.

Todd and Julie Chrisley’s attorney says the couple will appeal following their sentencing Monday for bank fraud and tax evasion. An attorney for the Chrisleys, known for their USA Network series “Chrisley Knows Best,” said in a statement that the couple is planning to appeal. But Todd and Julie are people of faith, and that faith gives them strength as they appeal their convictions,” family attorney Alex Little said Tuesday. Todd Chrisley was sentenced Monday to 12 years in prison, and Julie Chrisley to seven years. Additionally, as part of sentencing, both Todd and Julie Chrisley will have to pay an undetermined amount in restitution that will be determined at a later date.

☆ Reality TV star Todd Chrisley sentenced to 12 years, wife Julie Chrisley gets 7 for bank fraud and tax evasion
▼ + stars: | 2022-11-22 | by ( Marlene Lenthang | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dianadasrath-Headshot.Jpg | ) www.nbcnews.com time to read: +3 min

Reality television couple Todd and Julie Chrisley were sentenced Monday to years in prison, five months after they were found guilty of federal fraud charges and hiding their wealth from tax authorities. Todd Chrisley was sentenced to 12 years, and Julie Chrisley was sentenced to seven, according to the U.S. attorney's office. The couple, known for their USA Network series “Chrisley Knows Best,” were found guilty in June of fraud, tax evasion, and conspiracy to defraud the United States by a federal jury in Atlanta. Their accountant was also found guilty of tax fraud for filing false corporate tax returns on their behalf, and Julie Chrisley was further found guilty of wire fraud and obstruction of justice. Meanwhile, Julie Chrisley’s lawyers claimed she had a minimal role in the conspiracy and asked she receive a sentence of probation, restitution and community service, the Associated Press reported.

CNN —Reality TV Stars Julie and Todd Chrisley were sentenced to prison in federal court Monday. In addition, they were found guilty of several tax crimes, including attempting to defraud the Internal Revenue Service. Judge Eleanor L. Ross sentenced Todd Chrisley to 12 years in prison with three years of supervised release. His wife Julie Chrisley was sentenced to seven years in prison and three years of supervised release. In a short statement to CNN in June, one of Todd Chrisley’s attorneys, Bruce Morris, said they were, “disappointed in the verdict” and planned to appeal.

SummarySummary CompaniesCompanies Law firms Frost Brown Todd and AlvaradoSmith to merge effective Jan. 1Combined firm will have more than 575 lawyers in 17 offices(Reuters) - Frost Brown Todd is set to combine with California law firm AlvaradoSmith as the Cincinnati-founded firm continues to branch out to new regions. The combination will give Frost Brown Todd 23 additional attorneys and three California offices in Los Angeles, Orange County and San Francisco. Frost Brown Todd, founded in 1919 as Frost & Jacobs before merging in 2000 with Louisville-founded Brown, Todd and Heyburn in 2000, has roots in the middle of America, with offices in Ohio, Kentucky, Indiana and other states. The AlvaradoSmith attorneys are joining the larger firm under the name Frost Brown Todd AlvaradoSmith in California through 2023, before reverting to the Frost Brown Todd name the next year. Law firm mergers dropped as the COVID-19 pandemic took hold in 2020, and activity stayed at lower levels throughout 2021.

☆ Here are Tuesday's biggest analyst calls: Apple, Meta, Lyft, Nvidia, Roblox, Freshpet & more
▼ + stars: | 2022-11-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Tuesday: Deutsche Bank reiterates Roblox as buy Deutsche says it expects a strong earnings report for Roblox when the online gaming platform company releases results on Wednesday. Deutsche Bank upgrades Dave & Buster's to buy from hold Deutsche said in its upgrade of the stock that it sees a "compelling" risk/reward. Bank of America reiterates Meta as neutral Bank of America says it sees too many headwinds for Meta shares right now. Bank of America reiterates Nvidia as buy Bank of America says it's standing by shares of Nvidia heading into earnings next week. Deutsche Bank reiterates Electronic Arts as a top pick Deutsche says it's very bullish on the company's upcoming release slate. "

☆ Buffett's Berkshire loses money as stocks, Hurricane Ian offset rising demand
▼ + stars: | 2022-11-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +5 min

Nov 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate's businesses. Berkshire also bought back more of its own stock but was cautious, repurchasing $1.05 billion, similar to the second quarter. Berkshire also said rising costs from fuel and accidents hurt respective results at two of its best-known businesses, the BNSF railroad and Geico auto insurer. Results included $10.45 billion of losses from investments and derivatives, as the stock prices of many large Berkshire investments other than Apple Inc (AAPL.O) fell. Results improved despite a $2.7 billion after-tax loss from Ian, a strong Category 4 hurricane that slammed into Florida on Sept. 28.

☆ U.S. Treasury thwarted attack by Russian hacker group last month-official
▼ + stars: | 2022-11-01 | by ( David Lawder | ) www.reuters.com time to read: +2 min

The Treasury has attributed the distributed denial of service (DDoS) attacks to Killnet, the Russian hacker group that claimed responsibility for disrupting the websites of several U.S. states and airports in October, said Todd Conklin, cybersecurity counselor to Deputy Treasury Secretary Wally Adeyemo. The incident, not previously reported, occurred a couple of days before similar attacks from Killnet on U.S. financial services firms, Conklin told a financial services industry and regulator conference on cybersecurity. Conklin described the attack on the Treasury as "pretty low-level DDoS activity targeting Treasury's critical infrastructure nodes." In line with new procedures adopted under the Biden administration, he said the Treasury quickly shared internet protocol (IP) addresses used in the attack with financial services firms. Adeyemo told the conference the incident was a "stark reminder" that Treasury and financial services firms face the same threats, especially since Russia launched its war on Ukraine in February.

☆ LoveShackFancy built a pretty, skinny, rich-girl dreamworld. The fantasy was impossible to live up to.
▼ + stars: | 2022-10-24 | by ( Anna Silman | ) www.businessinsider.com time to read: +34 min

Suddenly, in the midst of discussing what Cohen should wear to the next LoveShackFancy store opening, there was the sound of glass clanging. (Another person confirmed hearing this exchange, though the person close to the company said multiple Zoom attendees did not recall it.) The person close to the company said, "It is not uncommon for trips to have dual purposes — they always generate content." Another time, during a visit to the Palm Beach store, Cohen freaked out after seeing staffers in sweatshirts and sneakers. "As with most contemporary fashion brands, we currently do not operate in the plus-size business," the person close to LoveShackFancy said.

☆ Democrats’ Political Gains Create Tight Race for Nebraska GOP Rep. Don Bacon
▼ + stars: | 2022-09-29 | by ( Dante Chinni | Photographs Rebecca S. Gratz For The Wall Street Journal | ) www.wsj.com time to read: 1 min

OMAHA, Neb.—If Republican Rep. Don Bacon gets re-elected in November, it will be in part because his efforts to center his competitive House race on inflation, crime and border security helped win over undecided voters like Todd Christensen. If Mr. Bacon loses, it will be partly because voters in this swing district moved toward Democrats after the overturning of Roe v. Wade and the congressional hearings on the Jan. 6, 2021, Capitol riot by supporters of former President Donald Trump. Mr. Christensen, who voted for Mr. Bacon in his previous three runs for Congress, said he is unsure about doing so again because he thought Mr. Bacon came across as too divisive when he heard him address constituents at town hall meetings.

☆ How to Consolidate Credit Card Debt
▼ + stars: | 2022-09-15 | by ( ) www.wsj.com time to read: +16 min

By Kat TretinaIf your credit card debt feels out of control, you’re not alone. Opt for a 0% APR balance transfer credit cardWho it’s best for: Borrowers with excellent credit who can pay off their balance in six to 18 monthsIf you have a balance on your cards, a popular credit card debt consolidation strategy is to apply for a balance transfer credit card. Get a credit card debt consolidation loanWho it’s best for: Borrowers with good to excellent credit that need more time to pay off their debtIf you’re researching how to pay off credit card debt fast, another option is to apply for a debt consolidation loan. Unless you stick to a repayment plan, you could quickly rack up credit card debt on top of the debt consolidation loan. If figuring out how to pay down credit card debt makes you feel overwhelmed, another option is to work with a nonprofit credit counseling agency and enter into a debt management plan, or DMP.

☆ Buffett bought more Apple last quarter and says he would have added more if the stock didn't rebound
▼ + stars: | 2022-05-02 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Berkshire Hathaway 's chairman and CEO told CNBC's Becky Quick that he scooped up $600 million worth of Apple shares following a three-day decline in the stock last quarter. 1 stock Apple during the tech giant's sell-off in the first quarter. There have been plenty of buying opportunities for Buffett this year as Apple shares came under pressure amid fears of rising interest rates and supply chain constraints. Berkshire began buying Apple stock in 2016 under the influence of Buffett's investing deputies, Todd Combs and Ted Weschler. Cook was in attendance at Berkshire's annual meeting over the weekend.

Automakers are now shifting to electric vehicles, which could make up one-quarter of new sales by 2035 , analysts project. Around the world, governments and automakers are focused on selling newer, cleaner electric vehicles as a key solution to climate change. Some Democrats have proposed reviving that program to accelerate the shift to electric vehicles. In that scenario, the researchers found, the United States could cut emissions just as deeply with around 205 million electric vehicles. “Right now it can be inconvenient to own an electric vehicle if there are no charging stations around.

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