Business

Comstock Resources: “We’re not going down the speculative food chain when it comes to oil and gas. That always tends to be a mistake. [For] the charitable trust, I’ve been telling club members of ActionAlertsPlus.com it’s a simple one. You buy BP and you get that 5 percent yield while you wait for oil to
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Two cosmetics retail giants, Sephora and Ulta Beauty, started very differently, but as the consumer demand for makeup increases, the strategies of these two retailers are converging. Sephora began with a focus on luxury cosmetics in urban areas, while Ulta specialized in mass market products in suburban areas. Now, each are growing, trying to capture
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On a very bullish day for the broader stock market, the declines in the retail sector were speaking volumes to CNBC’s Jim Cramer. With the trade dispute between the United States and China heating up, the “Mad Money” host figured the weakness stemmed from “a belief that the retailers will have to eat the tariffs,
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Under Armour said Thursday its restructuring program will now cost more than it previously expected, as it plans to cut about 400 jobs, or about 3 percent of its global workforce, by March. The athletic apparel company known for its compression tees and performance clothing has been struggling as competition heated up, and rivals like
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Red Hat stock fell as much as 7 percent and then rebounded on Wednesday after the company reported lower revenue than expected for the second quarter of its 2019 fiscal year, which ended on Aug. 31. Executives will discuss the results with analysts on a conference call at 5 p.m. Eastern time. Here are the
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FilmMagic | Getty Images Entreprenuer Kimbal Musk speaks onstage during day 2 of the 2015 Life is Beautiful festival on September 26, 2015 in Las Vegas, Nevada.  Elon Musk is working hard for Tesla shareholders and the company’s focus is on delivering the Model 3, said Musk’s brother and Tesla board member Kimbal Musk on
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Heading into Monday’s fiscal first quarter earnings report following the market close, Oracle is looking for a story to tell investors that could get them excited for the future. Analysts anticipate almost no revenue growth this fiscal year, despite company executives frequently touting Oracle’s cloud business and telling investors it can deliver cheaper cloud-computing services
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Apple may imagine a world without cords and plugs, but it’s having trouble making that vision a reality. A year after announcing AirPower, Apple’s wireless charging pad that can simultaneously charge your iPhone, Apple Watch and AirPods, the company has fallen mysteriously silent on its ambition to push forward a future of wireless power generation.
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Jim Cramer’s head is spinning, and not from secondhand smoke. “The normalization of weed is happening so fast it makes my head spin,” the host of CNBC’s “Mad Money” said on Friday. “It’s not just that Canada and a host of states have outright legalized pot. It’s that marijuana’s gone mainstream.” Cramer’s epiphany came when
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Apple announced a more affordable version of the iPhone X today called the iPhone XR. The starting price is $749. The XR features Face ID and a high-powered processor, just like the X. But it costs less than last year’s model thanks to features like its cheaper LCD display, aluminum body and single-lens camera. The
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