Sometimes, CNBC’s Jim Cramer feels like Bill Murray’s character in the film “Groundhog Day” when he talks about the stock of consulting giant Accenture. Like Murray’s character, the “Mad Money” host feels like he’s re-living the same day over and over again when he pounds the table on Accenture’s stock, which almost always pulls back […]
Read moreIn the wake of a deal between Hain Celestial and activist firm Engaged Capital, Hain Celestial Chairman, President and CEO Irwin Simon seemed pleased at the outcome. “We got six new board members, six new board members with a lot of industry experience … which is going to be very, very helpful to the company, […]
Read moreAs much as investors may consider President Donald Trump and the Federal Reserve to be stock-moving entities, CNBC’s Jim Cramer found that the third quarter’s top stocks didn’t have much to do with either. “The truth is, it’s much easier for the media to focus on Trump and the Fed than it is to focus […]
Read moreAfter broad underperformance for most of this year, value stocks are beginning to outpace growth stocks. To some, that’s a bad sign for the overall market. Growth began markedly outperforming value, as measured by the iShares Russell 1000 Value exchange-traded fund versus the iShares Russell 1000 Growth exchange-traded fund, last December as investors began pricing […]
Read moreNormally, markets are rattled after events as shocking and deadly as Sunday night’s mass shooting in Las Vegas, the largest in U.S. history, take place. But CNBC’s Jim Cramer himself was rattled when stocks, along with the three major indexes, hit all-time highs Monday morning as if the world was as stable as ever. “This […]
Read moreCheck out the companies making headlines after the bell on Monday: Shares of Tesla fell 1.5 percent in extended trading after the company reported disappointing Model 3 delivery figures for the third quarter. Shares of Goldman Sachs edged lower in extended trade, after gaining 1.5 percent in the normal session. Earlier Monday, the company announced […]
Read moreSoftware billionaire Tom Siebel shared his views on why it’s so important for technology and business to integrate in an exclusive interview with CNBC PRO’s Mike Santoli. “Let’s look at the facts: In the last 50 years, if we look at the Fortune 500 50 years ago, 90 percent of those companies are gone. If […]
Read moreFederal Reserve officials have been bemoaning the state of low inflation. One central bank official believes it’s actually the Fed’s own fault. Minneapolis Fed President Neel Kashkari contends in an analysis posted Monday that the Fed has driven down inflation expectations by tightening policy sooner than it should. Central bank officials have indicated a desire […]
Read moreProfits that companies are holding overseas would be brought back home at a tax rate that looks to be around 10 percent, according to current White House estimates. Gary Cohn, the chief economic advisor to President Donald Trump, said the tax reform plan the administration supports seeks to bring back what could be $3 trillion […]
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General Motors shares climbed Monday after Deutsche Bank said a meeting with the automaker’s management “confirmed” expectations GM could launch self-driving vehicles “well ahead of competitors.” Shares rose more than 4 percent in morning trading. “GM confirmed that their [autonomous vehicles] are on track for a critical milestone… they will be safely driving passengers in […]
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