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     General Electric, which is threatening to leave its longtime corporate headquarters in Connecticut over a tax hike, has become the prize in what amounts to a bidding war between its home state and rivals from neighboring New York to Atlanta and Dallas.

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    Jim Cramer is watching Brown-Forman Wednesday and so should you. The spirits company will release its 2016 first-quarter earnings before the bell. The Louisville, Ky., company, is expected to report 74 cents a share on revenue of $714 million, up from the 70 cents a share reported for the same quarter last year. Cramer said the liquor trade is interesting.

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    Smartphone growth is expected to slow way down in 2015, according to a report Tuesday from IDC. In its quarterly report on the smartphone market, the analysis firm said that while the smartphone market will continue to grow, it will only be up 10.7 percent this year. Compare that to last year's growth rate of 27.5 percent.Why the slowdown? In a word, China.According to analysts, buying patterns in China -- which makes up a little more than a quarter of the world's smartphone market -- have changed when it comes to smartphones, and are mirroring more of what we see here in the United States.[Blurry photos on your iPhone 6 Plus? You’re not alone.]"IDC expects to see a noticeable slowdown in smartphone shipments in 2015 as China joins North America and Western Europe in a more mature growth pattern," the company said in a report. That said, IDC also said that as prices for phones drop, the smartphone market is expected to remain a growth market for years to come.In terms of who will be running all those smartphones, IDC predicts that Android — which is expected to finish out the year running 81.1 percent of all the smartphones shipped worldwide -- will take the top spot. Apple's iOS comes in second, with an estimated 15.6 percent.[Samsung really wants you to leave your iPhone behind]IDC said that will likely be the status quo for the next five years. "Markets with the biggest growth opportunity are extremely price sensitive, which IDC believes will not change, and this is the main reason Apple will be challenged to take Android share throughout the forecast," the report said. "Even if Apple were to introduce another low-cost iPhone (e.g., ‘C’ version), IDC believes the price will struggle to compete" against Android phone makers who price their phones at $200 or less than the iPhones, unsubsidized.Apple itself has said it's happy with its smartphone growth in China and its profitable iPhone business right now. Chief executive Tim Cook even took the unusual measure of sharing a mid-quarter update on China smartphone growth with CNBC's "Mad Money" host Jim Cramer amid Monday's market plunge."I can tell you that we have continued to experience strong growth for our business in China through July and August," Cook said in an e-mail to Cramer.






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    Tuesday started out well enough, with the Dow Jones average and other major indexes rallying over 2% following the worst trading day in several years. Yet the rally seemed unlikely to last because of jittery investors and concerns about China. Yet the fundamental view on U.S. equities and the global economy has not changed.

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    Ten years after Hurricane Katrina ravaged the Gulf Coast, more needs to be done to protect the city of New Orleans from future storm damage, according to one environmental expert. Following Katrina, $14.5 billion was spent to rebuild the levee system that gave way during the storm, flooding parts of New Orleans.

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     China's latest move to cut interest rates may be more about supporting the country's fragile economy than helping to support Chinese stocks, according to IHS Director of Sovereign Risk Jan Randolph. "China is trying to rebalance its economy," Randolph said. Randolph said U.S. and European investors had forgotten the spillover effect that 7% annual growth had to other parts of the world.

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    After Monday's selloff in crude prices, one analyst thinks the closely watched commodity has reached a bottom. "I think," BRG Brokerage President Jeffrey Grossman said in an interview from the New York Mercantile Exchange. West Texas Intermediate rose 3.3% to $39.49 a barrel in midday trading on Tuesday, following Monday's close below $39, which hadn't occurred since 2009.

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    There are five good reasons why it's an incredible bargain. Apple Inc. (AAPL) bounced back on Monday as bold investors used a decline of up to 13% earlier in the day to buy the iPhone maker's stock on the cheap. As the saying goes, "be greedy when others are fearful."

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    Staying safe in the markets over the next trading period might require a history lesson. Barron's published a famous cover story on the absurdity of tech valuations in March 2000. In the three trading days that followed publication, the S&P 500 reached what turned out to be the peak close of the tech bubble.

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     They aren't exactly sexy technology names, but a number of the drugstores have nice looking charts, especially if we put some whiteout on Monday's swoon. The most attractive chart is Trifecta Stocks holding CVS , The first chart above shows CVS in a multi-year uptrend, with increasing On Balance Volume and bouncing a number of times off the rising 40-week Moving Average.

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    While analysts anticipate a quick rebound from the global correction triggered by Chinese equity markets, manufacturers will be grappling with challenges in the world's second-largest economy for much longer.

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    The five major equity indices that represent the U.S. stock market have negative weekly chart profiles and all are trading well above their pre-crash of 2008 highs. What caused the recent downside volatility for U.S. stocks was the crash of the Shanghai Composite in China.