Investing

Canopy Growth CEO Bruce Linton told CNBC Friday the cannabis company is well ahead of its rivals in becoming the leading brand in legal marijuana but still needs to improve. “When I need to find information, I use Google. When I think about web services, I use Amazon,” said Linton, whose Canada-based company has partnered
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“Beginning investors should make sure that they aren’t always following the herd mentality,” says Todd Burkhalter, CEO of Drive Planning, a financial consulting firm based in Georgia. Aside from the standard lineup of stock and bond funds, young investors, he says, should consider holdings like private placement investments in real estate and energy industries –
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Of the big technology stocks, Apple is the most concerning, veteran technology investor Paul Meeks told CNBC on Thursday. “Of all the FAANGs, the one I am frankly most worried about is Apple,” Meeks said on “Power Lunch.” The ecosystem “is all based on the number of iPhone users, and we are seeing a slowdown
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When Argentina’s government agreed the terms of the loan with the IMF in May, Macri said he anticipated his country’s economy would recover and so they did not plan to use the money. Buenos Aires was forced to strike a deal with the IMF earlier this year after a sharp depreciation in the peso. The
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But while the benchmark rate is at about the same level it was following the financial crisis, monetary policy conditions are drastically different, said Peter Boockvar, chief investment officer at Bleakley Advisory Group. A decade ago, the Fed slashed its overnight interest rate to zero during the aftermath of the financial crisis. The central bank
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Tiffany shares will rise as the company benefits from strong demand in China, according to Credit Suisse. The firm reiterated its outperform rating for the retailer’s shares, predicting the company will report sales above expectations for its second quarter. China sales represent approximately 15 percent of Tiffany’s revenue, analyst Michael Binetti said Friday in a
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Check out the companies making headlines before the bell: Foot Locker – Foot Locker reported adjusted quarterly earnings of 75 cents per share, 5 cents a share above estimates. Revenue also beat forecasts, however comparable-store sales rose by 0.5 percent, short of the 0.7 percent estimate of analysts surveyed by Thomson Reuters. Hibbett Sports –
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Mike Kane | Bloomberg | Getty Images Jeff Bezos, chief executive officer of Amazon.com Inc. Jefferies is getting more optimistic on rising wages, seeing a shift in several global labor markets as helping companies that sell to consumers. “An embryonic wage cycle is appearing in Japan, US, Netherlands and Germany as tight labor markets force
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