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cnbc

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    Chemours Co.: “I’m not a fan ’cause I don’t like the commodities and there are some issues involving a PFAS verdict that could come up soon. So I’m going to take a pass there.” I’m willing to stay side-by-side with Sony.” Cherry Hill Mortgage Investment: “We don’t know what Cherry Hill really owns. I meant that’s the problem, it’s another one of these black boxes.
    Cramer's lightning round: 'I'm willing to stay side-by-side with Sony'

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    The bank stocks ironically got the shortest end of the stick on Apple’s coronavirus warning that rattled Wall Street, CNBC’s Jim Cramer said Tuesday. “The worst performers — ones that there was no news whatsoever — [were] the banks,” the “Mad Money” host said. Because of a sudden drop in interest rates caused by a worldwide slowdown that could get into a full-blown recession. Interest rates fall when demand for U.S. Treasuries goes up. The SPDR S&P Bank ETF (KBE), which tracks bank stocks, also
    Bank stocks were the 'worst performers' after Apple's coronavirus warning, Jim Cramer says

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    CNBC’s Jim Cramer on Tuesday laid out a shortlist of companies that can benefit from the coronavirus outbreak. “I don’t want to profiteer off an epidemic that’s already killed 2,000 people, but we need to acknowledge how this coronavirus outbreak is changing the world,” the “Mad Money” host said. “You’ve got Clorox, Zoom Video and Teladoc on reality, Gilead on hope. Zoom Video shares are up almost 42% year to date, including a roughly 10% gain since the Feb. 3 interview. Cramer thinks the stock
    Jim Cramer reveals top four stock picks amid coronavirus uncertainty

  • cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago

    CNBC’s Jim Cramer broke down why interest rates fell on Apple’s coronavirus warning, which led to a bad day of trading for bank stocks. The “Mad Money” host revealed a shortlist of stocks that can benefit from the coronavirus outbreak. David Paul Morris | Bloomberg | Getty ImagesThe bank stocks ironically got the shortest end of the stick on ‘s coronavirus warning that rattled Wall Street, CNBC’s said Tuesday. “The worst performers — ones that there was no news whatsoever — [were] the banks,” th
    Everything Jim Cramer said about the stock market on 'Mad Money,' including Apple hits banks, coronavirus stocks

  • The repatriates arrived at one of two U.S. military air bases Monday morning via charter plane from the ship docked in Japan. It was like ‘welcome home,'” said Gay Courter, who spent 10 days in quarantine with her husband Phil Courter near Tokyo. Gay Courter, a New York Times best-selling author, said that they aren’t allowed to leave their quarters for the two-week duration. Last week, Gay Courter said the experience on the quarantined ship was “terrifying” as guests waited out the lockdown. Ab
    'I burst into tears' — quarantined passengers to remain in isolation after returning to US soil

  • General Motors, Fiat Chrysler and Toyota Motor on Tuesday confirmed that they’ve reopened their factories or are beginning to restart production in China following extended holiday shutdowns due to the COVID-19 outbreak. Michael Palese, a spokesman for Fiat Chrysler, said the company’s plant in Guangzhou, located hundreds of miles south of the coronavirus epicenter in Wuhan, has resumed production this week. Palese said Fiat Chrysler “continues to monitor its global supply chain in relation to t
    GM, Fiat Chrysler and Toyota resume auto production in China

  • Americans typically earn and spend the most between 45 and 54, according to data from the U.S. Bureau of Labor Statistics , which includes most of Gen X. Men spent $361 more than women over the course of 2019 on dating, the survey found. This discrepancy could be due to the fact that people in search of a heteronormative relationship often still abide by traditional courtship “rules,” which dictate that the man is obligated to pay, LendingTree reports. In 2019, Americans spent an average of $697
    Here's how much Americans spend on dating at every age

  • Each year, at least 4,000 weddings take place at Disney parks and cruises around the world, and now Disney-obsessed brides hoping for a full Disney princess experience can dress the part. Disney announced a new line of wedding dresses inspired by its Disney princesses with the bridal manufacturer Allure Bridals that will range in price from $1,200 to $10,000. (The average cost of a wedding dress and alterations in the U.S. was $1,631 in 2018, according to The Knot.) For those who want a Disney w
    Disney now has Disney princess-inspired wedding gowns that start at $1,200—take a look

  • Self-made billionaire Mark Cuban doesn’t want to raise spoiled kids. 1 thing for you all is, I don’t want you to be entitled jerks,” he told Steve Harvey on an episode of “STEVE on Watch.” That said, “she still saves it for the most part, so I give her credit,” Cuban says. He tells his kids that to be successful, “you’re going to have to work for it,” like he had to do. Don’t miss: Mark Cuban had $82,000 stolen from his first company and it was ‘the best thing that ever happened to us’Like this
    Mark Cuban doesn't want his kids to be 'entitled jerks'—here's his parenting strategy

  • Sen. Elizabeth Warren tore into rival Mike Bloomberg on Tuesday, forecasting that his appearance on the Democratic debate stage in Las Vegas will allow his rivals to demonstrate their skills at taking on an “egomaniac billionaire” such as President Donald Trump. “It’s a shame Mike Bloomberg can buy his way into the debate,” wrote Warren, D-Mass. “But at least now primary voters curious about how each candidate will take on Donald Trump can get a live demonstration of how we each take on an egoma
    Warren says Bloomberg's debate presence will allow Democrats to show how they'd take on an 'egomaniac billionaire' like Trump

  • Groupon Inc. signage is displayed at company headquarters in Chicago, IllinoisShares of Groupon dropped 25% during extended trading Tuesday after the company reported fourth-quarter financial results that missed analyst expectations for the top and bottom line. The e-commerce company reported fourth-quarter earnings of 7 cents per share excluding some items, while analysts had expected earnings of 15 cents per share, according to Refinitiv. Groupon reported $612 million in revenue for the fourth
    Shares of Groupon fall over 20% after fourth-quarter earnings and revenue miss estimates

  • LendingClub, a fintech company that pioneered personal loans made online, is buying a U.S. bank to give it access to a stable and cheaper source of funding, CNBC has learned. LendingClub is paying $185 million in cash and stock for Radius Bancorp, according to documents viewed by CNBC. Radius, a Boston-based online bank with about $1.4 billion in assets, is among a cohort of small lenders that have partnered with fintech firms who need the services of an FDIC-regulated institution. The move mark
    LendingClub buys Radius Bank for $185 million in first fintech takeover of a regulated US bank

  • Outlook for coronavirus to spread in the USDr. Anthony Fauci, from the National Institute of Allergy and Infectious Diseases, discusses the likelihood of a coronavirus outbreak in the U.S. and precautions the country should take to prevent its spread.
    Outlook for coronavirus to spread in the US

  • LendingClub CEO on why Radius Bank acquisition mattersLendingClub CEO Scott Sanborn discusses his company’s earnings beat and acquisition of the online-only Radius Bank.
    LendingClub CEO on why Radius Bank acquisition matters

  • Why US hospitals are shutting downSince the 1990s, a series of mergers and acquisitions have created mammoth hospital groups. Many of these hospital consortiums are turning huge profits every year by offering high-priced services like cardiac and orthopedic care to well-insured patients. So why is it that some U.S. hospitals are making billions while hundreds of others are going out of business?
    Why US hospitals are shutting down

  • Nike, with a new CEO at the helm, announced leadership changes Tuesday that include a new chief operating officer and chief financial officer. In October, Nike announced John Donahoe, a Nike board member and former CEO of eBay, would replace its longtime CEO Mark Parker, effective Jan. 13. As part of the announcements Tuesday, Heidi O’Neill, president of Nike Direct, will become president of consumer and marketplace on April 1. “Heidi and Andy’s leadership has been instrumental in both evolving
    Nike announces leadership shuffle under new CEO

  • Top of mind for Tritton, who just took the reins in November after a successful stint as chief merchandising officer at Target, is fixing Bed Bath & Beyond’s stores. Tritton said same-store sales at those locations are up 2% to 4% compared with Bed Bath & Beyond’s entire fleet. Currently, Bed Bath & beyond is planning to remodel about 25 locations this fiscal year. After receiving the influx of cash, Bed Bath & Beyond now pays rent to Oak Street. Bed Bath & Beyond has also said it plans to close
    Bed Bath & Beyond to invest $1 billion in buybacks and store upgrades in a bid to turn around business

  • People in the Wisconsin town of Fulton are the first to try out software Microsoft designed to confirm that votes are being properly counted. Microsoft’s ElectionGuard software can count votes electronically while providing a separate means for voters to confirm that their votes are included in tallies. The ElectionGuard technology won’t be responsible for tallying votes in the Wisconsin primary election. Election officials will still count paper votes, although it is possible to rely on the sof
    Microsoft's voting software is getting its first test in a small Wisconsin town

  • There’s a rotation happening in the market that’s got Ascent Wealth Partners’ Todd Gordon eyeing a bond play. Given the highs and lows in this uptrend, Gordon said he believes the TLT hasn’t hit its resistance at around $150, which is the upper end of the channel. Gordon wants to buy the March 27 weekly 145-strike calls and pair those with the sale of the March 27 weekly 150.5-strike calls for a total of around $1.92 debit. This means that should TLT close below $145 on March 27 expiration, then
    Here's how one trader is hedging against selling pressure in the market

  • Groupon – Stock of the online commerce company fell 25% in extended trading after the company missed estimates for fourth-quarter profits and revenues. Groupon reported earnings per share of 7 cents and revenues of $612 million. Herbalife — Shares of the health nutrition company climbed 5% in extended-hours trading after the company reported strong fourth-quarter earnings that beat expectations. Herbalife reported earnings of 74 cents per share excluding some items, while analysts were expecting
    Stocks making the biggest moves after hours: Herbalife, Groupon, LendingClub and more

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