Investing

Heron Therapeutics: “I think we have to be careful, frankly, because I’d rather see you buy Canopy [Growth] because that’s a non-opioid painkiller if there ever were one. Canopy was being used to be able to get short the entire plethora of all these pot stocks in Canada and Canopy’s incredibly cheap with a lot
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Private software-as-a-service company Adaptive Insights was ready to go public, traveling around the country promoting its upcoming initial public offering to its stakeholders. Then cloud giant Workday came along, and $1.5 billion later, Adaptive Insights became a Workday subsidiary. Adaptive Insights CEO Tom Bogan, who has called Workday co-founder and CEO Aneel Bhusri a friend
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CNBC’s Jim Cramer and legendary technician Larry Williams say shares of IBM, an old-line technology giant that has transitioned its business to the cloud, could be ready to rally even after the company’s disappointing earnings report. Last Tuesday, IBM missed analysts’ revenue predictions in its third-quarter earnings report, with overall revenue declining 2 percent year
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If your plans are flexible, you can save a lot of dough by setting fare alerts, avoiding peak days and even considering alternatives to flying, according to Jacqui Gifford, a senior editor at Travel + Leisure. Know when to book: This season, a good rule of thumb is to book before Halloween because flight prices
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The Federal Reserve isn’t paying enough attention to the jobs being wiped out by technological innovation, CNBC’s Jim Cramer said Friday. “Right at the moment when Silicon Valley is laying waste to white-collar jobs and many factory positions — that’s why companies love the cloud, it lets them fire people — the Fed is obsessed
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Stocks should continue to rise despite near-term volatility in the market, strategist Bob Doll told CNBC on Friday. “Volatility is normalizing; PE’s are normalizing,” Doll, chief equity strategist at Nuveen Asset Management, said on “Power Lunch.” “We’re no longer in that era of financial repression.” Volatility refers to the amount of uncertainty in the size
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Amarin Corp.: “We’re going to take out our cost basis tomorrow, even though that heart drug is pretty good. Tomorrow, you take out the cost basis and you can’t lose. As a matter of fact, I would take out double my cost basis because that stock’s in the $20s now. So that’s how we’re going
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Cannabis retail in the United States is fraught with “points of dissonance” in the stores that exist today, retail industry veteran Peter Horvath, who now runs a cannabis-focused consumer products company, told CNBC on Thursday. Horvath, a former L Brands and American Eagle Outfitters executive whose newest employer, Green Growth Brands, will come public later
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Kraft Heinz Co.: “You know, 4.4 percent yield. I vastly prefer Verizon. If I want to get decent growth with good yield, I’m going Verizon. It’s got better growth than Kraft Heinz. I have to disagree with that pick.” KeyCorp: “It’s going to report tomorrow. The stock is acting hideously. It’s down 7 percent for
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Luke Sharrett | Bloomberg | Getty Images Workers assemble semi trailers on the factory floor at the Wabash National Corp. manufacturing facility in Lafayette, Indiana. Finally, Cramer looked into why a top truck manufacturer at the “sweet spot of e-commerce” issued a wildly negative earnings preannouncement on Friday. Between a lack of new workers, rising
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Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a hemp-research company based in the United States. Canopy Growth told investors that its purchase of ebbu — a private Evergreen, Colorado-based hemp research company — will “compliment and accelerate” its ambitions to expand into new
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