U.S. President Donald Trump‘s son was told in an email that he would receive compromising information on Hillary Clinton as part of a Russian government effort to aid his father’s campaign, the New York Times reported Monday, citing three sources. The sources told the newspaper that the 2016 email to Donald Trump Jr., which aimed […]
Read moreSingapore’s state-owned investment company Temasek was expected to report a sharp recovery in portfolio value, according to one investment bank’s estimate. CIMB was forecasting Temasek’s net portfolio value would rebound 12-15 percent to a record $273 billion to 278 billion Singapore dollars, ($197.47 billion-$201.09 billion) for the year ended March 31. The results were due […]
Read moreNorth Korea‘s refusal to drop its nuclear weapons program may have a lot to do with the fate that met another would-be nuclear power’s dictator just a few years ago. Pyongyang’s ongoing development of nuclear weaponry — including the successful launch last week of a missile that could potentially reach the United States — has […]
Read moreAs goes Silicon Valley, so goes millennials’ money. The top five holdings for young adults are all tech stocks, and none are dividend-yielding stocks sought by the general investing population, according to a report from TD Ameritrade. Millennials’ top stock, Apple, is the world’s most valuable company, reaching a market capitalization of more than $800 […]
Read moreWhen asked about toy company Mattel in the lightning round, Jim Cramer had to make the point that when it comes to toys, one company is the all-around winner. “No, Hasbro,” the “Mad Money” host said. “Hasbro. [CEO Brian] Goldner has been on the show many times, and I still like Hasbro, even up here, […]
Read moreAmazon Prime Day begins at 9 p.m. ET Monday, and Jim Cramer has little doubt that the event will exceed even Wall Street’s grandiose expectations. “The consensus here is that this makeshift holiday will produce gains of up to 20 percent year over year, new benchmark, which would make it a day that will live […]
Read moreWarren Buffett’s Berkshire Hathaway and Paul Singer’s Elliott Management both have eyesfor Oncor, the largest electric utility in Texas, and CEO Bob Shapard has a sound process for deciding who will win in the bidding battle for his bankrupt company. “You start with the current bid. Berkshire Hathaway’s a great fit for us, and they’d […]
Read moreWith top analysts turning bearish on the stock market amid concerns about lofty valuations and rising rates, Jim Cramer felt the need to right the record for the bulls’ sake. “I want to address this reluctance to believe in the bull head-on by going over the top 10 reasons why investors always seem to have […]
Read moreNo deal, no surprise. That’s what Jefferies analyst Randal Konik wrote in a note to clients after hearing that Abercrombie & Fitch has at last ended talks over a potential sale. The retailer said in May that it was holding conversations with several bidders — which were rumored to include American Eagle and Express — […]
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Shares of Snap fell below their IPO price on Monday, just ahead of a crucial period for the social media stock. Snap shares dipped to a low of $16.95, closing at $16.99, just below the $17 price of the March public offering. The IPO was 12 times oversubscribed at the time, sources told CNBC. But […]
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