Finance

Check out the companies making headlines after the bell: Sonic Automotive stock plummeted nearly 10 percent in after-hours trading. The automotive retailer said that gross margin pressure in key brands negatively impacted its second-quarter results. Jeff Dyke, Sonic Automotive’s executive vice president of operations, said its BMW and Honda dealerships faced lower gross profit per
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Check out the companies making headlines after the bell: Netflix stock sank nearly 14 percent in extended-hours trading. Netflix only added 674,000 subscribers in the US during its second quarter, well below the analysts’ expectations of 1.23 million.The popular streaming service earned $3.91 billion in revenue, missing the analysts’ expectations of $3.94 billion. Shares of
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Europeans are flouting the trading clout they have. They, for example, don’t want to reduce their 10 percent import tax on U.S. automobiles to the 2 percent the U.S. charges on EU-originating motor vehicles. Put very briefly, Trump is wasting time trying to change the existing trans-Atlantic trading regime. He should simply tell the German
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Coinbase, the largest cryptocurrency exchange in the U.S., is considering adding five new tokens to its platform. The five digital coins include cardano, basic attention token, stellar lumens, Zcash and 0x. “It wouldn’t surprise me to see these things up 20, 30, 40 percent over the weekend,” digital trader Brian Kelly said Friday on “Fast
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The bank’s recent charge may indicate that consumers are simply getting smarter with rewards programs, according to Bankrate.com chief financial analyst Greg McBride. In online forums devoted to credit-card usage, consumers boast about using spreadsheets and smartphone apps to stay on top of their credit. “There’s a subset of savvy credit-card users who are diligent
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Twitter Karen Finerman was a buyer of JPMorgan Brian Kelly was a buyer of the S&P Regional Banking ETF Guy Adami was a buyer of CBS Trader disclosure: On July 12, 2018 the following stocks and commodities
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Ethan Miller | Getty Images Entertainment | Getty Images World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 World Wrestling Entertainment shares triple-digit return so far this year has much more to
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour is a buyer of Canopy Growth Karen Finerman is a buyer of Delta Steve Grasso is a buyer of General Electric Guy Adami is a buyer of Pfizer Trader disclosure: On July 11, 2018 the following stocks and commodities mentioned or
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Patrick Fallon | Bloomberg | Getty Images Broadcom Corp. signage is displayed outside of the company’s headquarters in Irvine, California. Check out the companies making headlines after the bell: Shares of Broadcom fell as much as 6 percent in the extended session, after the Wall Street Journal reported the chipmaker was nearing a deal to
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But the more devastating impacts of pedal-to-the-metal digital capitalism fall on the environment and global poor. The manufacture of some of our computers and smartphones still uses networks of slave labor. These practices are so deeply entrenched that a company called Fairphone, founded from the ground up to make and market ethical phones, learned it
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Check out the companies making headlines after the bell on Tuesday: Shares of AAR Corporation lost more than 5 percent in the extended session, after the aviation and expeditionary services provider reported mixed fourth-quarter earnings and revenue. AAR reported earnings per share of 54 cents, beating analysts’ estimates of 51 cents. The company missed on
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The “Options Action” traders share three options trading strategies to kick off the week. Carter Worth and Mike Khouw like American Express. Brian Stutland recommends a call option in Pepsi. Mike Khouw recommends a call spread in WWE. Trader disclosure: On July 6, 2018, the following stocks and commodities mentioned or intended to be mentioned
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Analysts earlier cited a range of factors for the relatively weak pricing, such as the Chinese CDR delay and recent negative investor sentiment toward global equities, including recent stock market downturns in China and Hong Kong, amid trade war fears between the United States and China. Lin told CNBC that the impact of the trade
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Those seeking protection against an intensifying trade war between the United States and its economic allies should buy shares of domestic, consumer-facing companies, according to investors. Utilities — classic defensive plays with domestic-only markets — could also benefit if this is a prolonged conflict, some said. Others are sticking with the hot small cap trade
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