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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
A wave of risk-off sentiment, coupled with some technical factors, pressured the broader stock market. “At this point, if we start seeing anything negative, it will probably force some people to start taking profits,” said Christian Fromhertz of Tribeca Trade Group. Goldman Sachs and Intel dropped 1.94% and 2.47%, respectively, to lead the Dow lower. Investors will also be on the lookout for any updates on the coronavirus. Subscribe to CNBC PRO for exclusive insights and analysis, and live busin
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
LAS VEGAS – Sen. Elizabeth Warren reversed her position on rejecting super PAC support on Thursday as she seeks a comeback in the Democratic presidential primary. But, on Thursday, Warren said that the fact that only the “two women” didn’t have super PAC support was “just not right.” Sen. Bernie Sanders does not have a dedicated super PAC backing his bid, although the super PAC connected to the nurse’s union National Nurses United, which has endorsed Sanders, is supporting him. A super PAC backi
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
The attack sparked concerns about the security of patient health information stored on NRC Health’s servers. The company could not confirm whether any patient information or confidential information was accessed by the hackers. Companies must, by law, report a breach of protected health information to government health regulators. What NRC Health doesNRC Health says it sells software to 9,000 healthcare organizations, including Cedars Sinai, Ochsner, Jefferson Health and Providence Health. NRC H
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Boston Beer Company co-founder Jim Koch defended its heavy investment in hard seltzer Thursday as shares fell after weak guidance and a per-share earnings miss. Hard seltzer, in particular, demands significant investment because “it’s the biggest thing that’s come into the beer business since light beer,” Koch said. Shares of Boston Beer Company slid 7.6% to $396 Thursday following its after-the-bell earnings report a day earlier. “We really don’t know how far is up” for hard seltzer, Koch said.
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Amazon is removing listings from its online marketplace that claim to help stop the spread of the coronavirus. In one case, Amazon told a seller it would remove their listing for a surgical face masks because it made “unapproved medical marketing claims.” The company told third-party sellers it would consider reinstating the flagged listings if they removed the “prohibited medical claims.” This product has been identified as a face mask or related product that makes unapproved medical marketing
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
In February 1980, Al Michaels had not yet established himself as one of the best sports announcers of all time. But he had called a single hockey game before — ultimately paving the way for Michaels to make one of the most memorable sports calls in history during that year’s Winter Olympics in Lake Placid, New York. “I had done one game and nobody else had done any,” Michaels told CNBC on Thursday, two days before the 40th anniversary of the “Miracle on Ice” game. That is, of course, when the U.
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
People discounting Sanders’ ability to win nomination: Policy analystJaret Seiberg of Cowen breaks down how Senator Bernie Sanders could impact financials and housing if he secures the 2020 Presidential election.
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Markets a ‘little squirrely’ today: SautJeff Saut, Capital Wealth Planning; Paul Hickey, Bespoke Investment Group; and CNBC Contributor Stephanie Link discuss the day’s market activity at the close.
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
First Solar reported fourth-quarter revenue of $1.40 billion while analysts had expected $1.75 billion, according to Refinitiv. Cabot reported earnings of 30 cents per share excluding some items on revenue of $461.4 million. Earnings matched expectations, though analysts had expected revenue of $477.7 million, according to FactSet. Sprouts Farmers Markets — The health grocery store operator’s stock jumped 6% after the company reported fourth-quarter earnings that beat expectations. Sprouts repor
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Twitter confirmed that the leaked demo, which was accessible on a publicly available site, is one possible iteration of a new policy to target misinformation it plans to roll out March 5. “We’re exploring a number of ways to address misinformation and provide more context for tweets on Twitter,” a Twitter spokesperson said. “Misinformation is a critical issue and we will be testing many different ways to address it.” The leaked demo also shows an example of medical misinformation, including an e
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
WASHINGTON — President Donald Trump said his longtime friend and political advisor Roger Stone has a “very good chance of exoneration,” hours after a federal judge on Thursday sentenced the self-proclaimed dirty trickster to more than three years in prison. “What happened to Roger Stone is unbelievable,” Trump said, and “it isn’t fair.” But Trump simultaneously argued that the jury foreperson’s opinion of Trump had irreparably tainted Stone’s guilty verdict. “Now, you wouldn’t know about a bad j
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Common shareholders won’t see a change in the exchange ratio, which is 9.75 Sprint shares for 1 T-Mobile share. SoftBank, which owns the more than 80% of Sprint, will see an exchange ratio of 11 Sprint shares for each T-Mobile share, the companies said. SoftBank and Deutsche Telekom will hold 24% and 43% of shares in the newly combined company, respectively, according to the announcement. Sprint and T-Mobile have agreed to amend their merger deal agreement to give Deutsche Telekom a higher owner
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Passengers wear protective masks as they wait at Hong Kong International Airport, following the coronavirus outbreak in Hong Kong, China, February 7, 2020. Global air travel demand is set to decline for the first time since 2009 because of the coronavirus outbreak, the International Air Transport Association said Thursday. The virus’s impact on demand will cost airlines globally more than $29 billion — mostly in the Asia-Pacific region, IATA estimated. Chinese airlines are set to lose $12.8 bill
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Facebook and Sony on Thursday announced they will pull out of next month’s Game Developers Conference in San Francisco due to ongoing concerns with the coronavirus outbreak. “Due to the evolving health concerns surrounding COVID-19, Facebook’s AR/VR and Gaming teams will not be attending GDC this year.” Facebook typically uses the conference each year to make announcements for its Oculus virtual reality division and its other endeavors in gaming. A company spokesman said Facebook will still make
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Here’s how the company did:Earnings: 16 cents per share, adjusted, vs. 14 cents per share as expected by analysts polled by Refinitiv. 16 cents per share, adjusted, vs. 14 cents per share as expected by analysts polled by Refinitiv. Deferred revenue at the end of the fourth quarter was $554.2 million, below the $555.6 million FactSet consensus estimate. In the fourth quarter, Dropbox announced the departure of its chief customer officer, Yamini Rangan who has since joined HubSpot. The middle of
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. (This story is for CNBC Pro subscribers only)Tech has been the fastest rising sector in the S&P 500 sector this year, but two characteristics can help investors pick the stocks that will lead their tech peers, according to Credit Suisse. These two factors were
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Here are the companies where workers don’t want to leave, based on their score determined by Workforce Logiq. Share of employees likely to quit: 20% Number of employees: 98,000 Strongest retention factor: Company resilience2. Bruce Bennett | Getty ImagesHeadquarters: Atlanta Share of employees likely to quit: 15% Number of employees: 88,700 Strongest retention factor: Strong leadership5. AmazonHeadquarters: Seattle Share of employees likely to quit: 42% Number of employees: 647,500 Strongest ret
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
The data, which was obtained during a July 2019 leak, was published on a hacking forum on Monday and verified by ZDNet and Under the Breach, a soon-to-launch data breach monitoring service. This is not the first time a hotel chain has been involved in a data breach. Beyond monitoring your accounts, here’s a rundown of the steps you can take in response to this latest data breach. Change your passwordsThe MGM data released this week was part of a previously reported leak. Roughly eight out of 10
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
This week, 383 companies joined the nonpartisan Time to Vote coalition to encourage workers to cast their ballots in the 2020 U.S. presidential election. In doing so, company leaders pledge to encourage workers to vote, including giving employees paid time off on Election Day, providing access to and information about early voting or vote-by-mail options, or making Nov. 3 a day without meetings. Employees at Farmers Insurance, for example, will be given up to two hours of paid time to vote, acco
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Barclays is changing a system it was piloting that tracks how employees spend their time at work, after critical media reports on Thursday accused the bank of spying on its staff. A Barclays spokeswoman said it was changing how it used the Sapience software so it would now track only anonymized data, in response to staff feedback that the system was intrusive. CityAM newspaper first reported Barclays’ use of the software on Thursday, citing privacy campaigners who criticized the scheme as “creep
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