General Mills Now Expects FY19 Adj. EPS To Exceed Initial Targets – Quick Facts

General Mills (GIS) announced, for fiscal 2019, the company now expects constant-currency adjusted EPS to range between flat and up 1 percent from the base of $ 3.11 earned in fiscal 2018, which is ahead of the previous range of flat to down 3 percent. Constant-currency adjusted operating profit is expected to finish toward the upper end of the initial guidance range of 6 to 9 percent growth from the base of $ 2.6 billion reported in fiscal 2018.
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Symrise FY18 Profit Rises; Lifts Dividend – Quick Facts

Symrise AG (SYIEY.PK, SYIEF.PK), a supplier of fragrances, flavorings and cosmetic active ingredients, reported Wednesday that its fiscal 2018 net income increased 1.9 percent to 275 million euros from 270 million euros last year. Earnings per share improved to 2.12 euros from 2.08 euros last year.
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Dignity FY18 Profit Declines; Says FY19 Outlook Unchanged – Quick Facts

Dignity Plc. (DTY.L), a provider of funeral related services, reported that its preliminary profit attributable to equity shareholders for the 52 week period ended 28 December 2018 declined to 31.5 million pounds or 63.0 pence per share, from 57.8 million pounds or 115.6 pence per share last year.
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Schaeffler To Increase Efficiency Of Automotive OEM Division – Quick Facts

Schaeffler AG (SCFLF.OB) announced its program RACE, which is designed to sustainably increase the Automotive OEM division’s efficiency and optimize its portfolio. The company said the program was made necessary by a number of external and internal factors that had significantly weakened the division’s EBIT margin before special items for 2018. The company said the overriding goal of RACE is to sustainably improve the margin over the next three to four years and to generate an EBIT margin percentage in the high single digits going forward.
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African American Economics: Real Facts

Black families are more confident about achieving the American Dream than the general population. However, African Americans fall short on executing life-changing measures such as accumulating wealth, being better prepared for retirement and building up savings. Here are a few facts (and advice) about African American economics:

Some 84% believe the American Dream means financial security; 78% in not living paycheck-to-paycheck; and 77% in owning a home.

Still, based on a new State of the American Family Study by Massachusetts Mutual Life Insurance Co. (MassMutual), many African Americans don’t have tangible assets needed to make those goals happen now.

The study revealed a disconnect between African Americans’ financial situations and their hope toward the future. The report disclosed some pitfalls tied to African Americans’ personal finances including high debt, low savings and a lower likelihood of wide financial product ownership. In turn, the financial disparities and the wealth gap possibly explain why 31% surveyed are convinced the American Dream may be fading away.

Some key findings from the survey:

  • Outside of retirement accounts, only 37% of African Americans own wealth-building products such as stocks and mutual funds.
  • Only 35% believe they are doing a good job of preparing for retirement.
  • 33% have less than one month of funds saved for a crisis and less than 25% have amassed more than six months’ of emergency savings.
  • 58% are actively involved in educating their children on finances versus 48% of Caucasians. Forty-percent rely on family members for information

“The study shows African Americans want to improve their financial situations and are hopeful about the future,” said Evan Taylor, African American market director, MassMutual. “At the same time, it sheds light on the financial struggles and inequities that the African American community continues to battle. Those contradictions indicate a need for greater financial education and discipline for the whole family to achieve economic success. In fact, the biggest financial regret expressed by respondents was that they wished they had started saving and investing sooner.”

The State of the American Family survey consisted of 3,235 total interviews with Americans, including 482 African American respondents. The vast majority of these interviews (2,730) were conducted with men and women aged 25-64 with incomes equal to or greater than $ 50,000 and with dependents under age 26 for whom they are financially responsible. Respondents had to contribute at least 40% to decisions regarding financial matters in their household to qualify.

Shavon Roman, a financial adviser at Atlanta-based The Piedmont Group, shared how she overcame financial havoc. Her journey included becoming an entrepreneur in real estate and franchising, where she ended up hundreds of thousands of dollars in debt. To rebound, she created a debt reduction strategy and lived below her means. The result: Within five years she was debt free. “You can accomplish anything with a plan,” Roman says.

african american economics

Shavon Roman

Her experience with financial challenges—and now on the path to wealth-building—led Roman to help others professionally. Her clients at Piedmont mainly include women in their 30s and 40s, and pre-retirees working in corporate America. Piedmont is affiliated with Mass Mutual. She focuses on helping clients increase their net worth.

To help African Americans get on the right path to financial independence, Roman offers advice on the following:

  • Financial education: It’s imperative to have a savings and spending plan, allowing you to tell your money where to go and keep track of it. Consider working with banks that have online tools to monitor your spending and create budgets. Also, know your credit score. Roman says a helpful tool to do that is the “Credit Karma” app. If buying a home is an objective, look for a prime rate loan with a nonprofit homeownership organization like the Neighborhood Assistance Corporation of America.
  • Financial planning and execution: So what should African Americans do before investing in stocks or other asset classes like real estate or starting a new business? Roman’s first suggestion is to do your research. She advises knowing your risk tolerance, asking yourself if you can stomach a financial setback. Monitor the investment and its performance regularly. When it comes to achieving wealth-building goals, eliminate high-interest debt, reduce debt, and establish a savings fund.
  • Professional help as opposed to taking a do-it-yourself approach with finances: Seek advice from a financial professional equipped to help you establish and reach your financial goals. When looking for help with investment planning, retirement planning, or insurance purchases, partner with an expert. Check out their background, references, and makes sure they are licensed in the state they work in. A financial professional can guide you to the right solutions to help achieve wealth-building goals.

“As minorities, we have the ability to improve our economic positions using ideas that may seem so small,” Roman says. “My biggest lesson in life is that hope is not a plan. We have to put action with a plan and do the work. I did the work and I hope that my transparency inspires others.”

MassMutual also offered some “NEXT STEPS’’ to help black families secure their financial future:

MAKE FINANCIAL PLANNING A FAMILY PRIORITY. Teach the next generation about finances. Involving your children in discussions of family budgeting and monthly bills can help them understand what is involved in managing money.

PREPARE FOR THE UNEXPECTED. Protect your family with appropriate amounts of life insurance and disability income insurance. These precautions can provide a measure of security for your family should the unthinkable happen.

PAY DOWN DEBT. It’s a good idea to pay off the loans and credit cards with the highest interest rates first, then the smallest balances or the highest minimums. If you can make extra payments or pay more than the minimum, do so. This will reduce the total cost of the loan.

ESTABLISH SAVINGS. Open a separate savings account designated for your emergency fund and add to it every paycheck. Use automatic deposit so you don’t forget. As a rule of thumb, target 3 to 6 months of salary for your financial cushion.

PLAN FOR YOUR CHILDREN’S EDUCATION. Create a plan for how you will pay for college. In addition to your income, there are opportunities to pay for college including 529 plans, Coverdell Education Savings Accounts, student loans, permanent life insurance loans, financial aid, grants, and work-study programs.

SAVE FOR RETIREMENT. The amount of income needed to maintain a standard of living in retirement varies from person to person and family to family. Think about your current and future expenses to see if you are saving enough right now. If you’re not, or if you’re not sure, talk with a financial professional.

Visit this link to learn more details about the financial state of African Americans.

african american economics


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Hilton Worldwide Q4 Profit Tops View; Provides Rosy Guidance – Quick Facts

Hilton Worldwide Holdings Inc. (HLT) reported Wednesday net income for the fourth quarter was $ 224 million or $ 0.75 per share, sharply lower than $ 729 million or $ 2.27 per share in the prior-year quarter. Adjusted for special items, earnings were $ 0.79 per share, compared to $ 0.53 per share last year.
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GlaxoSmithKline FY18 Pretax Profit Rises; Sales Up 5% CER – Quick Facts

GlaxoSmithKline PLC (GSK.L, GSK) reported profit before tax of 4.80 billion pounds for the year ended 31 December 2018 compared to 3.52 billion pounds, previous year. Earnings per share was 73.7 pence compared to 31.4 pence. Adjusted operating profit was 8.75 billion pounds, up 2% AER or an increase of 6% from previous year. Adjusted earnings per share was 119.4 pence compared to 111.8 pence, prior year.
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Hannover Re Affirms Outlook For FY18 And FY19 – Quick Facts

German re-insurer Hannover Re AG (HVRRY.PK, HVRRF.PK) said Tuesday that against a backdrop of modestly improved conditions from an overall perspective, the company increased its premium volume in traditional property and casualty reinsurance by 15.4 percent on a currency-adjusted basis to 6.4 billion euros in the 1 January 2019 treaty renewals.
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EBay To Return Approx. $7.0 Bln To Shareholders Over Two Years – Quick Facts

eBay Inc. (EBAY) announced the company expects to return approximately $ 7.0 billion to shareholders through dividends and repurchases over the next two years, with approximately $ 5.5 billion in 2019 and approximately $ 1.5 billion in 2020. eBay announced the initiation of a quarterly dividend of $ 0.14 per share, with the first quarterly dividend to be paid on or about March 20, 2019 to shareholders of record as of the close of business on March 1, 2019. The company also announced an increase in share repurchase authorization by an additional $ 4.0 billion with no expiration, with an expected 2019 share repurchase of approximately $ 5.0 billion.
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Sherwin-Williams Lowers FY18 Earnings Outlook – Quick Facts

Sherwin-Williams Company (SHW) on Tuesday announced preliminary unaudited sales and earnings results for the fourth quarter and full year ended December 31, 2018. The company lowered its earnings outlook for fiscal 2018, citing non-operating expenses and lower fourth-quarter sales.
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Ford Motor Q4 Prel. Earnings Below Estimates – Quick Facts

Ford Motor Company (F) reported, for the fourth-quarter, preliminary adjusted EPS of $ 0.30 compared to $ 0.39, last year. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.32 for the quarter. Analysts’ estimates typically exclude special items.
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Südzucker 9-month Operating Result Declines; Confirms FY Forecast – Quick Facts

Südzucker AG (SUEZF.PK) reported that in the first three quarters (1 March 2018 to 30 November 2018) of the current fiscal year 2018/19, group revenues were 5.19 billion euros compared to 5.30 billion euros, prior year. The consolidated group operating result fell significantly to 116 million euros from 384 million euros. The company said the decline was driven mainly by the sugar segment losses as of the third quarter. The CropEnergies segment’s operating result also dropped substantially.
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Philips Announces Realignment Of Reporting Segments – Quick Facts

Royal Philips (PHG) announced a realignment of its three reporting segments Diagnosis & Treatment, Connected Care & Health Informatics, and Personal Health. The company said the most notable changes are the shift of the Sleep & Respiratory Care business from the Personal Health segment to the renamed Connected Care segment and the shift of the Healthcare Informatics business from the Connected Care segment to the Diagnosis & Treatment segment.
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Carl Zeiss Meditec AG FY EBIT Rises; Revenue Up 7.6% – Quick Facts

Carl Zeiss Meditec AG (CZMWF.PK) reported that its fiscal year 2017/18 earnings before interest and taxes (EBIT) rose to 197.1 million euros from 180.8 million euros, prior year. The EBIT margin was at 15.4 percent compared to 15.2 percent. Earnings per share was 1.41 euros compared to 1.57 euros. The company said this decrease was attributable to negative currency effects and to the increased number of shares.
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Retirement Calculators (and Facts) for Real Life

Stashing money away for the golden years can be a huge burden for many people. In fact, saving for retirement is the leading financial stressor for Americans, a new study from Lincoln Financial Group shows. Further, 90% of U.S. residents report stress about their financial situation impacts their daily mood.

The study by the Radnor, Pennsylvania-based financial services company indicated people know that saving for retirement is imperative. Some 57% of Americans say it is important to have room in their budget for a retirement plan. Yet, individuals put household necessities, utilities, and transportation ahead of retirement savings.

“Saving for retirement doesn’t have to be stressful, and it doesn’t have to be difficult,” says Jamie Ohl, EVP, president, Retirement Plan Services, Head of Life and Annuity Operations, Lincoln Financial Group. “It’s all about taking small steps over the course of your working life to help you achieve the retirement you envision.”

Another revelation from the American Consumer Study is that only about half of Americans are confident about saving for retirement, and just a quarter say they don’t plan to retire. The recent study included 2,501 respondents.

The good news is there are steps people can take to help boost their confidence about retirement savings and enhance their ability to retire.

For one, waiting to save can cost you and impact your financial future. This calculator shows the effect that delaying savings can bring.  Another point to consider is that a small change now can make a big difference later. For instance, consider cooking your own meal versus eating out once a week.

This calculator shows what that could mean. For instance, that action could add $ 113,000 to your retirement account.

People also should look at ways to protect their income in retirement. The study suggests many Americans are approaching their retirement years “unprotected”—meaning their savings are not shielded from rising healthcare costs, outliving savings, and other forces. Individuals should talk to a financial adviser to gain options—perhaps utilizing an annuity for instance—to discover ways to help turn retirement savings into sheltered lifetime income.

Interestingly, the study also found that about 1 in 4 Americans don’t plan to retire due to financial uncertainty in the future. Among its findings:

  • Forty-nine percent of us plan to retire, while 24% don’t plan to retire.
  • Twenty-seven percent will not retire because they do not have a good picture of what their financial future will look like.
  • Some 26% of people are looking to live comfortably and keep their current lifestyle in retirement.
  • Fourteen percent of Americans plan on beginning a “second career” later in life, while 32% aren’t sure and might consider the possibility.
  • Of those wanting to begin a second career, 25% say it is because they want to continue to have some income, and 17% say it is to keep busy and try something different.
  • More than 3 out of 4 Americans say they anticipate living in their own home once they are retired. That is particularly true for Young Boomers and Old Boomers (82% and 83%, respectively)
  • Forty percent of Americans are not now contributing to a retirement savings plan.
  • Some 24% of Americans with a formal retirement plan say “I wish I can retire earlier so that I can enjoy my time off doing personal things.”
  • Americans without a formal plan are more indifferent, with 1 in 3 saying “I feel no particular way about retirement.”

 

 

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H&M Group FY18 Sales Incl. VAT Up 5% – Quick Facts

Hennes & Mauritz AB (HNNMY.PK, HMRZF.PK, HEN.L) reported that the group’s sales including VAT increased by 5 percent to 244.27 billion Swedish kronor in the financial year of 2018. Sales excluding VAT increased to 210.41 billion kronor from 200.00 billion kronor. In local currencies, sales including VAT increased by 3 percent.
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Trump offers new alternative facts to explain his problems, but …

President Donald Trump sought the open arms of Twitter and Fox News to creatively explain away inconvenient facts about his legal peril and his promised border wall before GOP senators dragged him back to reality with a rebuke from his own party for ignoring a cold-blooded murder OK’d by a foreign colleague.


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Severn Trent H1 Profit Rises; Hikes Interim Dividend – Quick Facts

Severn Trent Plc (SVT.L), a UK water and waste water company, reported Thursday that its profit on ordinary activities before taxation for the six months ended 30 September 2018 rose to 203.6 million pounds from a restated 180.9 million pounds in the same period last year.
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Abercrombie & Fitch On Track To Deliver Top-line Growth For FY18 – Quick Facts

Abercrombie & Fitch Co. (ANF) announced, for fiscal 2018, the company expects: net sales to be up in the range of 2% to 4%, including the adverse effect from the loss of fiscal 2017’s 53rd week of approximately $ 40 million, partially offset by a benefit from foreign currency exchange rates of approximately $ 10 million. Comparable sales are to be up in the range of 2% to 4%. The company projects gross profit rate to be up slightly from the fiscal 2017 rate of 59.7%.
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Compass Group FY18 Underlying Profit Rises; Hikes Dividend – Quick Facts

Food and support services company Compass Group Plc. (CPG.L, CMPGF.PK) said its profit before tax for the year ended September 30 2018 declined 2.6 percent to 1.52 billion pounds from 1.56 billion pounds in the prior-year period. Earnings per share edged down 0.4 percent to 71.0 pence from 71.3 pence a year ago, mainly due to the adverse impact of foreign exchange during the year.
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SIG Plc 4-month Revenues Decline; Affirms Outlook – Quick Facts

Specialist building products distributor SIG Plc (SHI.L), in its four-month trading update for the period ended October 31, 2018, reported that group revenues from continuing operations decreased 2.3 percent, with increased working days contributing a further 1.6 percent, offset by 0.3 percent currency. Like-for-like revenues declined 3.3 percent.
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United Utilities H1 Profit Rises; Hikes Interim Dividend – Quick Facts

United Utilities Group PLC (UU.L, UUGRY.PK) reported profit before tax of 259.6 million pounds for the half year ended 30 September 2018, up from 242.3 million pounds in the year-ago period. Earnings per share were 31.2 pence, compared to 28.9 pence last year.
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Mizuho Financial Group H1 Profit Up 13.4%; Affirms FY18 Outlook – Quick Facts

Japanese lender Mizuho Financial Group (MFG, MZHOF.OB) on Wednesday reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 increased 13.4 percent to 359.36 billion Japanese yen from 316.65 billion yen in the year-ago period. Earnings per share were 14.16 yen, up from 12.47 yen a year ago.
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British Land Slips To Loss In H1 – Quick Facts

British Land Co Plc. (BRLAF, BTLCY, BLND.L) reported Thursday that its IFRS loss before tax for the six months ended 30 September 2018 was 42 million pounds, compared to profit of 238 million pounds in the year-ago period. IFRS basic loss per share for the period was 4.9 pence, compared to earnings of 23.2 pence last year.
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Tencent Q3 Profit Up 30% – Quick Facts

Tencent Holdings Limited (TCEHY.PK), a provider of Internet value added services in China, reported that its profit attributable to equity holders of the company for the third quarter was RMB 23.33 billion or $ 3.39 billion, an increase of 30 percent from RMB 18.05 billion in the prior-year quarter. Earnings per share for the quarter were RMB 2.44, up from RMB 1.89 in the year-ago period.
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ITG To Be Acquired By Virtu Financial; Q3 Results Beat View – Quick Facts

Investment Technology Group Inc. (ITG), an agency broker and financial technology provider, said that Virtu Financial, Inc. (VIRT) has agreed to acquire all outstanding shares of ITG’s common stock for $ 30.30 per share in cash. ITG also reported third-quarter financial results that beat analysts’ estimates.
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‘Greenleaf’ Season 3, Episode 10 Recap: ”Facts Are Facts”

Oh my, my, my. After waiting a full, long mysterious week to find out who this daughter is that Lionel (Tim Reid) speaking of from last week’s episode, we still only have part of the answer. Yes, we know that he’s referring to Grace (Merle Dandridge). But, is he REALLY her father ? We may never know the answer because Lionel done up and died on us before this puzzle could be solved.

Not even Mae (Lynn Whitfield) is clear on whom Grace’s father really is. All she knows is that during a moment of weakness, while trying to get her groove back, she hooked up with Lionel and nine months later – BOOM, here’s Grace.

Is Lionel the father? Could be, could be not. Bishop James (Keith David) could be the father, too. Who knows? Where is Maury when you need him to come through with the results?

Mae is all ready and set to tell Grace that Lionel could be her father, and possibly the reason why she resents her so much but when he dies she decides to let that secret die right along with him. But Aaron (William H. Bryant Jr.), Lionel’s son, pops up at Grace’s office and shares some of his father’s last words with her.

After that brief encounter Grace goes straight to her mother, a woman of God, and asks the direct question “is Lionel my father?” Poor Mae doesn’t even have an answer for her, just simply “I don’t know.”

All of this paternity drama is going on in the midst of an FBI raid on both Calvary and Triumph.

The FBI came full force through the doors of both churches ready to seize everything that wasn’t tied down. Triumph and Calvary are being investigated for bank fraud, theft and embezzlement at the hands of Ms. Rochelle Cross (LeToya Luckett) Tasha (Asia’h Epperson) and Basie Skanks (Jason Dirden).

These three villains set the Greenleafs up nicely and all it took were tight-fitting, pencil skirts prancing by both of them to bring the church and the whole family down.

Even while the trickery is unfolding right in front of Bishop’s eyes, he still refuses to believe that Rochelle helped mastermind the whole thing. How could she set him up like this when she’s been the one helping him with his IRS scandal, and giving him the shoulder he needs to cry on?

Well, as it turns out, that whole crypto currency account business was a crypto scam.

With the help of Tasha, a dummy account opened in Bishop’s name is the same account that Tasha used to skim money from Jacob’s church and deposit into that same account. To make matters worse, Rochelle is playing dumb.

“What account?” “I never helped you invest any money.” “I don’t know what you’re talking about.”

You have to admit that the girl is good. She’s even telling Grace that she and Bishop slept together and confessed their love for one another, knowing good and damn well that none of that ever happened.

 

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Konami H1 Profit Edges Up 0.1%; Affirms FY Outlook – Quick Facts

Konami Holdings Corp. (KNM), an entertainment and health fitness company, reported that its profit attributable to owners of the parent for the six months ended September 30, 2018 edged up 0.1 percent to 17.20 billion yen from 17.18 billion yen in the same period last year. Earnings per share were 125.22 yen, compared to 125.12 yen in the previous-year period.
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Old Dominion Freight Line Q3 Profit Surges; Beats View – Quick Facts

Old Dominion Freight Line Inc. (ODFL) on Thursday reported a 69.5 percent surge in profit for the third quarter from last year on double-digit growth in revenues. Earnings per share for the quarter beat analysts’ estimates, while revenues matched expectations.
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Vaccine myths: 7 facts about vaccines everyone should know

A recent CDC report found the number of kids who are unvaccinated is going up.
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Amphenol Raises FY18 Outlook – Quick Facts

While reporting its third-quarter financial results, Amphenol Corp. (APH) said that for the full year 2018, the company now expects to achieve sales in a range of $ 8.040 billion to $ 8.080 billion, an increase over 2017 of 15 percent, as well as adjusted earnings per share in a range of $ 3.68 to $ 3.70, an increase over 2017 of 18 percent to 19 percent.
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Four Key Facts About Women Voters

With the 2018 election now in full swing, the Ms. Blog is excited to bring you content presented in conjunction with Gender Watch 2018, a project of the Barbara Lee Family Foundation and the Center for American Women and Politics. They’ll be tracking, analyzing and illuminating gender dynamics during election season—so check back with us regularly!


After the conclusion of the Senate Confirmation Hearings, which featured powerful testimony from Dr. Christine Blasey Ford against Supreme Court nominee Brett Kavanaugh, 70 percent of Republican women continued to support his confirmation. This show of support came as a surprise to many people who expected Ford’s accusations of sexual assault to further polarize women voters—consistent with speculation that we will see a historic gender gap in the impending 2018 midterms.

We’ve been studying the gender gap in American politics for 10 years, and our research suggests that Republican women’s continued support for Kavanaugh, and continued enthusiasm for the party generally, should come as no surprise. There is a tendency to associate women with the Democratic party, but liberalism isn’t the full story when it comes to women voters. In this era of heightened party polarization—where party identities are so strong and so distinct from one another —party loyalties play an outsized role in determining who people vote for on election day, for both men and women.

Democratic women are loyal to Democratic candidates. Republican women are loyal to Republican candidates. This is true even in situations where these party loyalties might be challenged, like races where gender issues are at the forefront because of sexual misconduct or because women are running in historic candidacies.

This isn’t the story the media is telling. Instead, they’ve suggested that the gender gap is becoming a gender chasm. 

Women prefer Democratic candidates by a record margin. Women are abandoning the Republican Party. GOP women are growing dissatisfied with their party. And GOP women are less motivated about voting. Some Democrats are likely feeling pretty optimistic about this news, but this optimism is often misplaced. Just because there are more women candidates running than ever before and gender has emerged as a common theme in the 2018 midterms doesn’t mean that women are becoming more politically united.

Here are four things that you need to know to truly understand the gender gap.

Many women voters and candidates are motivated by the sexism they see in Washington—but Republican women remain loyal to their party, and an upset due to the gender gap isn’t necessarily a certainty looking ahead to the midterm elections. (Charles Edward Miller / Creative Commons)

#1: Party identification trumps gender when it comes to voting.

Party identification is the most important factor for determining voting patterns. Both women and men rarely cross party lines to vote for opposition candidates. Yes, our research shows there has been a persistent and growing gender gap between the parties since the 1970s, with women more likely to identify as Democrats and men as Republicans. But once men and women choose to identify with a party, they stay pretty loyal to that party’s candidates.

There was a lot of speculation that 2016 would be an exception to this rule and that Republican women would vote for Hillary Clinton because of Donald Trump’s “woman problem.” But women largely remained loyal to their party. Exit polls show that 89 percent of Republican women voted for Trump. Similarly, 90 percent of Democratic women voted for Clinton.

Reporters are suggesting that Republican women may abandon their party in 2018. Consistent with past results, an October 2nd poll that found 55 percent of women said they would vote for a Democratic candidate for Congress compared to 43 percent of men, if the midterm elections were held today.

But this comparison isn’t very useful, because it doesn’t account for party affiliation.

If you use this same poll, but compare men and women from the same party, a different picture emerges. Ninety-three percent of Republican women and 91 percent of Republican men reported that they would vote for a Republican candidate for Congress if the election were held today. Just like in 2016, registered Republicans, whether male or female, plan to turn out for Republican candidates.

#2: Party isn’t the only factor that divides women.

In addition to party, race, education, and class create sharp divisions among women. African-American women, Latinas, and college-educated women overwhelmingly support Democratic candidates. By contrast, a majority of white women typically vote Republican. In 2016, for example, 90 percent of women who voted for Trump were white. But, as our research shows, there are divisions among white women too. White women with a college degree were about twice as likely to support Clinton over Trump in 2016. On the other hand, low-income white women were much more supportive of Trump than middle- and upper-income women.

For the most part, these patterns are nothing new – they reflect long-standing trends in American political behavior. White women have long supported Republican presidential candidates, with the notable exception of Bill Clinton’s presidential bids in 1992 and 1996. The education gap among white women opened up in the 1990s, when a majority of college-educated white women started to support Democratic candidates. Taking race, education, and class into account like this quickly clears up the picture of the gender gap.

#3: Women won’t automatically vote for a candidate just because she is also a woman.

A big part of the story about gender in the 2018 midterms is that there are more women running for office than ever before. Most of these female candidates are Democrats, and there is little to suggest that Republican women will cross party lines to vote for a female Democratic candidate. It’s not just a matter of party, but also a matter of policy.

In our research, we analyzed opinion in 10 different policy areas, and found that Republican women hold attitudes that are much more similar to Republican men than to Democrats of either gender. While Republican women have slightly more moderate views than Republican men on “women’s issues”—including education, child care and healthcare—the gaps between parties are much bigger than differences between men and women within either party. Because Republican women have such conservative policy preferences, the spate of new female Democratic candidates is not likely to appeal to them.

Beyond this, many Republican women are perfectly happy being represented by men. In a poll conducted by CBS news, only 19 percent of Republican women think it is very important to elect more women or even that more women in political office would make the country better.

#4: The gender gap doesn’t automatically benefit Democrats. Turnout matters.

On average, women are more supportive of the Democratic party. Women are also more likely to turn out to vote compared to men. While this seems like it might automatically translate into a Democratic Party advantage, this isn’t necessarily the case. In 2016, white women turned out at higher than average rates, and the majority of them voted for Donald Trump. In the 2017 Special Election for Alabama Senate, African- American women turned out at unusually high rates, solidifying a victory for Democrat Doug Jones over Republican candidate Roy Moore.

What can we expect in terms of turnout in the 2018 midterms? Although a July 2nd poll of registered voters found that Democratic women were 10 percentage points more likely than Republican women to say the November elections are “very important,” this enthusiasm gap has disappeared in the wake of the Kavanaugh hearings. An October 1st poll of registered voters showed that 79 percent of Democratic women and 83 percent of Republican women now believe that the upcoming midterm is “very important”—a statistical tie.

Ultimately, women are not a unified group politically, and we should be skeptical of reporting on the gender gap that suggests they are. Partisanship plays a powerful role in shaping women’s voting behavior—and any one particular event or candidate is unlikely to override the power of party loyalty and create a major electoral upheaval.

Erin C. Cassese is an Associate Professor of Political Science at the University of Delaware and an expert contributor at Gender Watch 2018.

Tiffany D. Barnes is an Associate Professor of Political Science at the University of Kentucky.

Heather L. Ondercin is an Assistant Professor of Political Science at Wichita State University.

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Little Known Black History Facts: Raye Montague

The hit film Hidden Figures, starring Taraji P. Henson, highlighted three African-American women who were instrumental in propelling the U.S. space program forward. Arkansas native Raye Montague, who is the first person to design a U.S. Navy ship using a computer and a “hidden figure” herself, passed this week at the age of 83.

Montague was born January 21, 1935 in Little Rock, Ark. As a girl, her grandfather took her to an exhibit in South Carolina featuring a captured German submarine. After peering at the controls for the vessel, the seven-year-old Montague asked the tour guide how the machines worked. He responded that it was a job for engineers and that she didn’t need to worry about it.

The response fueled Montague from that moment on, event though racial and gender barriers in the ’40’s and 50’s were daunting. Determined to earn an engineering degree, Montague attended what is now known as the University of Arkansas at Pine Bluff, graduating in 1956. Heading to D.C., the stellar student caught the attention of the Navy and began working for the military branch as a clerk typist.

Her studious nature led her to learn how computers worked, advancing her past male colleagues from larger universities. In an interview, Montague revealed that she also taught herself to drive while working for the Navy. While her colleagues thought her working late hours was a show of dedication to the job, the truth was she was learning how to drive on the go and didn’t want to do so in rush hour traffic.

For 14 years, Montague rose in the ranks and became a computer systems analyst at the Naval Ship Engineering Center. In 1970, though racist bosses in the Navy sneered at her accomplishments, they came to rely on her in a time of need. While at the department, an admiral brought a request from President Richard Nixon who wanted to get the jump on a ship design.

While the admiral said the Navy was given two months to complete the design, he charged her with getting the job done in one month. Montague finished the design in just over 18 hours and 26 minutes, as she said in a 2017 interview.

Montague, who was married three times, retaining her second husband’s surname as he was the father of their son David, won the Navy’s Meritorious Civilian Service Award in 1972.

Six years later, she earned the Manufacturing Engineers Achievement Award. Montague retired in 1990 and entered the Arkansas Black Hall of Fame in 2013. Earlier this year, Montague was enshrined in the Arkansas Women’s Hall of Fame.

 


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