Month: November 2018

Dollar General: Cramer expected a strong earnings report from Dollar General, which will issue its quarterly results Tuesday morning. “The best-performing portions of retail this week were the bargain basement operations: Ollie’s, TJX and Burlington Stores. Dollar General fits that bill,” he said. “I see an upside surprise coming.” Autozone: Auto parts retailer Autozone will
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Microsoft is now the most valuable publicly traded company in the world, surpassing Apple for the title. Microsoft’s market cap was above Apple’s at the close of trading Friday. Microsoft surpassed Apple periodically throughout the week during intraday trading, but Apple consistently beat out Microsoft in market valuation at market close. At Friday’s close, Microsoft
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KUALA LUMPUR (Nov 30): Prime Minister Tun Dr Mahathir Mohamad said Education Minister Dr Maszlee Malik and Minister in the Prime Minister’s Department, P Waytha Moorthy are doing their best in carrying out their duties as Ministers. “I’m satisfied, they are doing their best,” he told reporters after attending the Malaysian Medical Association (MMA) Special
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If you’ve stayed at a Starwood Hotel property in recent years, your personal information may have been compromised. Marriott International announced Friday that hackers had copied data from the reservation database for its Starwood Hotels brand, with unauthorized access dating back to 2014. “The company has not finished identifying duplicate information in the database, but
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Haliburton. Karen Finerman was a buyer of the Emerging Markets ETF. Dan Nathan was a buyer of Box. Guy Adami was a buyer of Eli Lilly. Trader disclosure: On November 29, 2018 the following stocks and commodities
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KUALA LUMPUR (Nov 30): Newly-appointed chairman of Supermax Corp Bhd, Albert Cheok, said the group is targeting to produce 250 million pieces of contact lens in the next 12 to 18 months, once it secures its “last mile” of geographical expansion into China.  Speaking after the group’s annual general meeting (AGM) and extraordinary general meeting
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Now that the Federal Reserve has become slightly less hawkish on its interest rate plans, there’s one final issue that could hinder U.S. economic growth in 2019, CNBC’s Jim Cramer said: China. “Remember, if we’re going to avert a slowdown next year, we need the president to make some kind of deal with the Chinese,
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Noto, formerly the chief operating officer of Twitter, said that when he joined SoFi — a CNBC Disruptor 50 company whose name stands for “Social Finance” — “the No. 1 priority was making sure that we focused on quality of loans over quantity of loans.” Knowing that the Fed would soon start raising interest rates
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DowDuPont Inc.: “I think you should buy more. I told people at a Deal Economy conference, a part of TheStreet.com, today that I think the breakup pain is over and the gain is about to start. Please, let’s not write off [CEO] Ed Breen. He’s done it before. He’s going to do it again. Three
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Global retailer PVH, parent to the Calvin Klein and Tommy Hilfiger brands, will have no choice but to raise prices if the Trump administration places 25-percent tariffs on the products it makes in China, Chairman and CEO Manny Chirico told CNBC on Thursday. “The unfortunate thing about it is who’s going to be hurt by
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