Month: November 2018

Dollar General: Cramer expected a strong earnings report from Dollar General, which will issue its quarterly results Tuesday morning. “The best-performing portions of retail this week were the bargain basement operations: Ollie’s, TJX and Burlington Stores. Dollar General fits that bill,” he said. “I see an upside surprise coming.” Autozone: Auto parts retailer Autozone will
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Microsoft is now the most valuable publicly traded company in the world, surpassing Apple for the title. Microsoft’s market cap was above Apple’s at the close of trading Friday. Microsoft surpassed Apple periodically throughout the week during intraday trading, but Apple consistently beat out Microsoft in market valuation at market close. At Friday’s close, Microsoft
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If you’ve stayed at a Starwood Hotel property in recent years, your personal information may have been compromised. Marriott International announced Friday that hackers had copied data from the reservation database for its Starwood Hotels brand, with unauthorized access dating back to 2014. “The company has not finished identifying duplicate information in the database, but
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Haliburton. Karen Finerman was a buyer of the Emerging Markets ETF. Dan Nathan was a buyer of Box. Guy Adami was a buyer of Eli Lilly. Trader disclosure: On November 29, 2018 the following stocks and commodities
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Marriott International said on Friday that a guest reservation database of its Starwood Hotel brand was breached, potentially exposing information on about 500 million guests. Shares of Marriott were down more than 5 percent in the premarket following the disclosure. The company said its investigation showed that an unauthorized party had copied and encrypted information,
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Now that the Federal Reserve has become slightly less hawkish on its interest rate plans, there’s one final issue that could hinder U.S. economic growth in 2019, CNBC’s Jim Cramer said: China. “Remember, if we’re going to avert a slowdown next year, we need the president to make some kind of deal with the Chinese,
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Noto, formerly the chief operating officer of Twitter, said that when he joined SoFi — a CNBC Disruptor 50 company whose name stands for “Social Finance” — “the No. 1 priority was making sure that we focused on quality of loans over quantity of loans.” Knowing that the Fed would soon start raising interest rates
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November’s sell-offs have pushed the popular FAANG stocks well below their average Wall Street price targets. Facebook, Apple, Amazon and Google parent company Alphabet are now at least 20 percent below analysts’ expectations, while Netflix is as much as 35 percent below its average target. Matt Maley, equity strategist at Miller Tabak, said FAANG’s recent
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