Investing

Investors should buy CBS on the dip, because it is a very attractive acquisition target for companies outside of the television industry, B. Riley FBR managing director and analyst Barton Crockett told CNBC on Monday. “CBS is a huge brand; it’s the most watched network on TV. They also have Showtime, which is big and
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Yet Kotlikoff is quite unlike other liberals in that urban Democratic bastion. And his criticism of the government dates back to far before the current controversies that surround President Donald Trump’s administration. For one, Kotlikoff credits Ross Perot — the independent presidential candidate in the 1992 and 1996 elections — as being the only politician
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Concerns around a slowdown in the U.S. housing market haven’t offset business at Houzz, a rapidly growing online home improvement platform and CNBC Disruptor that helps consumers seek out products and professional designers. In an exclusive interview with Cramer, Houzz co-founder and CEO Adi Tatarko said that the trends her company’s market research department has
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Urban Outfitters, Inc.: “Look, the stock has doubled. We know that. It’s incredibly well-run. It’s a long runway. I think you buy more if the market’s down on Monday, as I suspect it will be.” Centurylink Inc.: “I think it’s a good value stock. I do believe that the yield is safe after that last
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Chris Roussakis | Bloomberg | Getty Images Employees work at the Canopy Growth facility in Smith Falls, Ontario, Canada, Dec. 19, 2017. While marijuana stocks have been volatile, their performance has taken off in the past month since liquor giant Constellation Brands announced a $4 billion investment in marijuana company Canopy Growth. Molson Coors Brewing
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Traditional retailers racing to stake their claim in the e-commerce market are causing “clutter” in the broader retail industry, Gary Friedman, the chairman and CEO of RH, told CNBC on Wednesday. “I think it’s going to be seen as kind of the lost decade of retailers,” Friedman said in an interview with Cramer, adding that
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American Express shares fell Wednesday after a report the Federal Bureau of Investigation is examining its foreign exchange pricing. Shares fell 1.4 percent. The investigation out of the FBI’s Washington field office is in its early stages and is focused on whether the card company’s foreign exchange international payments department misrepresented pricing to clients to
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There is no short-term turnaround in sight for General Electric’s power business, according to UBS. The firm lowered it price target to $13 from $16 for GE shares, citing pricing pressures and share losses in the key market. UBS also reiterated its neutral rating for the industrial giant. “Power market improvement is needed to make
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Schlumberger NV: “You actually want to be a buyer of Schlumberger, not a seller. We came out this afternoon for club members of ActionAlertsPlus.com and said, ‘Don’t give up on this.’ The CEO was more negative than he had been before about the Permian [Basin]. I think it’s an opportunity; 3 percent yield.” CommScope Holding
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Check out the companies making headlines before the bell: Tesla – Tesla coverage has been resumed at Goldman Sachs with a “sell” rating. Goldman had removed its rating and price target on the automaker’s shares last month after saying it was advising Tesla on CEO Elon Musk’s go-private proposal, which has since been abandoned. Goldman
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Unlike dividends, which are typically implemented with the understanding that they will always be paid to shareholders unless there is a dramatic change in a business’s situation, buybacks offer management the opportunity to do what Buffett likes best: buy undervalued stocks. In discussing why opportunistic buybacks are better than perennial dividends, Buffett told CNBC in
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