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Asian Futures Mixed, Yen Pares Dip on Apple Miss: Markets Wrap

(Bloomberg) — Asian stocks look set for a mixed start Tuesday as investors assessed whether China’s efforts to support its economy will offset the impact of the coronavirus outbreak. The yen pared a dip after Apple Inc. said quarterly sales would miss forecasts.Futures slipped in Tokyo and were little changed in Sydney and Hong Kong. Apple said it won’t meet its quarterly revenue guidance due to virus-related work slowdowns and lower demand. Earlier, European equities climbed alongside U.S. equity futures with U.S. markets shut for a holiday, while Treasuries didn’t trade. The pound fell after Prime Minister Boris Johnson’s envoy …read more […]

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Apple Won’t Meet Quarterly Revenue Target Due to Coronavirus

(Bloomberg) — Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter due to work slowdowns and lower demand due to the outbreak of novel coronavirus in China.“Work is starting to resume around the country, but we are experiencing a slower return to normal conditions than we had anticipated,” the company said in a statement Monday. Apple said global iPhone supply will be “temporarily constrained.” All manufacturing partner facilities have reopened, but they are ramping up more slowly than expected.Apple also said demand for its products in China has been affected by store closures and reduced customer …read more […]

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3 Steps to Save Thousands on Taxes Right Now

There are few things I enjoy less than dealing with taxes…
Maybe a bout of stomach flu. Or sitting in the middle seat on a plane while the guy next to me clips his toenails. I think that’s about it.
I don’t even do my own taxes. I stopped that in the mid-’90s when I nearly hurled my computer out of my apartment window in a fit of frustration.
It’s not even the paying of taxes that enrages me. I get that roads have to be built, teachers, firefighters and police have to be paid, and Congress needs its five-star health benefits and …read more […]