CNBC’s Jim Cramer thinks Macy’s new CEO Jeff Gennette has more than a fighting chance to bring his retailer back in style. “In the end, we need Macy’s to raise its earnings forecast and pay down even more debt if its stock’s going to have a sustainable run back to $30,” the “Mad Money” host […]
Read moreU.S. markets closed at record highs on Tuesday, shrugging off North Korea’s latest missile launch. In Asia, meanwhile, futures indicated gains at the open for major markets in the region. North Korea on Wednesday local time launched a likely intercontinental ballistic missile that landed in the Sea of Japan, according to the Pentagon. The launch, […]
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With discounts and deals top-of-mind for consumers this holiday shopping season, CNBC’s Jim Cramer zeroed in on another type of discount happening in the stock market. “Let’s talk about Square, SQ, the payment technology company with a very popular mobile credit card reader and a stock that got put on sale big-time yesterday, losing 16 […]
Read moreAfter shares of Thor Industries surged over 13 percent on Tuesday off a strong earnings report, President and CEO Bob Martin broke down the recreational vehicle maker’s forward drivers for CNBC. “It’s the change of lifestyle, it’s a younger demographic, it’s an industry that’s really reaching this younger buyer,” Martin told “Mad Money” host Jim […]
Read moreThe ballistic missile launched by North Korea on Tuesday has the power to reach Washington, D.C. — and much of the rest of the United States, an expert said. In contrast, an earlier missile tested in late July by North Korea was believed to be capable of hitting a bit more than half of the […]
Read moreCNBC’s Jim Cramer was amazed that President Donald Trump’s tweet suggesting an imminent government shutdown and North Korea’s missile launch weren’t enough to send stocks down on Tuesday. “Oh, how the mighty haven’t fallen,” the “Mad Money” host said. “The market refuses to be brought down by news that would’ve crushed us at almost any […]
Read moreWayRay’s augmented reality driving system makes a car’s windshield look like a video game. The Swiss-based company that makes augmented reality for cars won the grand prize in a start-up competition at the Los Angeles Auto Show on Tuesday. WayRay makes a small device called Navion, which projects a virtual dashboard onto a driver’s windshield. […]
Read moreElectronic Arts’ shareholders are running for the hills this month and for good reason. The company’s profitable business model is now at risk after angry gamers revolted over its aggressive in-game moneymaking strategy in “Star Wars Battlefront II.” EA’s stock is down 8.5 percent month to date through Tuesday compared with the S&P 500’s 2 […]
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Google Finance got a complete redesign on Tuesday. The new version replaces an aging portal that looked outdated but still provided valuable information. The new Google Finance is smarter and takes advantage of your search history. For example, since Google knows what you’re looking up, it automatically pulls in ticker symbols for companies you’ve read […]
Read moreHome Depot’s latest bets are paying off — and a still-growing housing market doesn’t hurt either. Home Depot, better than its rival Lowe’s, will “disproportionately capitalise” on an attractive housing backdrop, Atlantic Equities analyst Sam Hudson wrote in a note to clients Tuesday. Hudson upgraded the stock to overweight, and raised its price target to […]
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