Uber Eats workers wait for orders in central Kiev, Ukraine July 31, 2019. Valentyn Ogirenko | Reuters Here are the biggest calls on Wall Street on Friday: Stifel upgraded Uber to ‘buy’ from ‘hold’ Stifel said in its upgrade of Uber that the stock’s valuation presents a more “reasonable” entry point among other things. “The
Month: November 2019
European markets are seen opening higher on Monday, with investors hopeful of progress in the U.S.-China trade dispute. Britain’s FTSE 100 is set to climb 24 points at the open to 7,350, Germany’s DAX is seen 74 points higher at 13,234 and France’s CAC is expected to open up 29 points at 5,915, according to
Armed with Peter Mayle’s 1989 best-seller A Year in Provence, my husband and I spent a romantic week in Provence in 1994. Newly love-smitten, we stayed in a quaint hotel overlooking the Rhône, enjoying breakfasts on our balcony by the river and strolling starry-eyed into the Place du Forum for dinner at the iconic Le
Oscar Carrascosa Martinez | Moment | Getty Images When Kelly Smith had a mammogram in February 2018, she got a clean bill of health. Yet that April, as she was putting on lotion, she noticed a lump in her left breast. Several follow-up visits to her doctors confirmed the worst: She had stage 3B breast
Shares of Uber have plunged more than 30% since the ride-hailing company went public in May, but some analysts believe that 2020 is going to be a different story entirely. On Friday Stifel upgraded Uber to a buy rating saying the stock is “turning the corner,” while SunTrust said it’s their “favorite transportation disruptor of
Passengers entering customs at Miami International Airport, ranked among the bottom five for immigration processing by Airside Mobile. JodiJacobson | iStock Unreleased | Getty Images If you’re traveling abroad this Thanksgiving weekend, you might want to think about waiting until the very last minute to fly home. That’s because you’ll find some of the shortest
US President Donald Trump shows a letter from Chinese President Xi Jinping as he announces an initial trade deal with China at the Oval Office of the White House in Washington, DC on October 11, 2019. Nicholas Kamm | AFP | Getty Images Here are the most important things to know about Monday before you
Pedestrians pass in front of a Tiffany & Co. store. Akos Stiller | Bloomberg | Getty Images Bulgari owner LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.3 billion, according to sources familiar with the matter. The boards of the luxury firms have been discussing a
Oxford University Joe Daniel Price | Getty Images For high-school seniors, the world is their oyster. In fact, a growing number of college-bound students are completing their bachelor’s degrees in foreign lands. Rather than just studying abroad for a semester or two, about 50,000 U.S. students are currently pursuing full degrees abroad, with a little
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Venture capital funding for clean energy technology companies has declined after years of lackluster performance drove investors to other sectors. But a new fund is making a big bet that it’s possible
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) This month has become a sideways “slowvember” slide in recent weeks, with stocks remarkably steady near record highs, as investors are again left to wonder if the tape is resting or rolling
Shoppers arrive at a Home Depot Inc. store in Louisville, Kentucky, U.S., on Monday, Feb. 25, 2019. Luke Sharrett | Bloomberg | Getty Images Home Depot reported quarterly earnings that outpaced analysts’ expectations but sales fell short. Shares of Home Depot were down more than 5% in premarket trading. Here’s what the company reported compared
A logo sits on display on a building at the Novartis AG campus in Basel, Switzerland, on Wednesday, Jan. 16, 2019. Stefan Wermuth | Bloomberg | Getty Images Swiss pharmaceutical giant Novartis is close to a deal to purchase the cholesterol drugmaker Medicines Company for nearly $7 billion, according to The Wall Street Journal, which
It’s a family dynamic that is increasingly becoming commonplace — and can make dealing with financial issues particularly challenging. A spouse — or both — has at least one child from a previous marriage or relationship and together they create what’s known as a “blended family.” Think “The Brady Bunch” – just without the rotary
Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Here are some of the best analyst calls on Wall
Shoppers pack an aisle during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky. John Minchillo | AP (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) As customers gear up for the biggest shopping days
Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Shares of Nordstrom spiked more than 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates, and narrowed its 2019 earnings forecast. Although
Celebrating the holidays with family. LuckyBusiness | iStock | Getty Images The holidays are nearly here, and with six fewer days to shop between Thanksgiving and Christmas, parents need to act fast to grab the hottest toys. This year, kids are gravitating toward toys that feature their favorite characters from television and the big screen.
Despite the partisan noise swirling around the impeachment hearings in Washington, DC, supporters of at least one bill remain hopeful that the divide won’t derail its passage. The Secure Act, as the measure is called, aims to increase the ranks of retirement savers and the amount they put away. While it cleared the House in
SOPA Images | LightRocket | Getty Images While streaming platform Disney+ is off to a strong start, Wall Street analysts are not shying away from Netflix’s stock. In the week following Disney+’s launch, Netflix app downloads grew 4% year-over-year, Nomura Instinet noted, showing that Disney+ is not having a negative impact on Netflix’s growth potential.
Santa Claus waves to the crowd during the Macy’s Thanksgiving Day Parade in New York City. Getty Images It’s Thanksgiving time, and investors’ thoughts turn to holiday shopping and a year end Santa rally in the stock market. Some analysts think both could be pretty good this year. While Black Friday has probably lost some
The Gap and Old Navy stores located in Times Square, New York. Adam Jeffery | CNBC Gap Inc. on Thursday reported earnings and sales for the quarter that topped analysts’ expectations, after the company warned earlier this month that it was anticipating dismal results. Its shares were up about 1% in after-hours trading on the
CNBC’s Jim Cramer takes a look at the week ahead in stock market news as Wall Street prepares for a short week of trading with Thanksgiving on Thursday. The “Mad Money” host sits down for interviews with Clorox CEO Benno Dorer and SoFi CEO Anthony Noto. Noto says he expects to see consolidation in the
Tom Werner | DigitalVision | Getty Images If you were diligently saving money for medical expenses all year, you may be about to lose it. A health-care flexible spending account, which you may have access to at work, allows you to save pretax dollars in a savings account. You can take tax-free distributions from the
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images An unusual trend in the stock market emerged recently as the latest sign that perhaps greed is the driving force behind the rally
Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019. Patrick T. Fallon | Bloomberg | Getty Images Abigail Disney, the heiress to the world-renowned entertainment firm, has endorsed the proposed wealth tax from Democratic presidential candidate Sen. Elizabeth Warren, slamming the wealthy people that are
Nathalie Salman | Getty Images Goldman Sachs strategists expect a “baby bear” market in bonds next year, with a mild move higher in interest rates due to a better economy, subdued global inflation and the lack of central bank policy easing. In a sweeping outlook for 2020, the firm’s strategists say they do not expect
Pure Storage CEO Charles Giancarlo. Ryan Anson | Bloomberg | Getty Images Pure Storage, a manufacturer of high-speed storage equipment for data centers, became the latest tech infrastructure provider to issue weak guidance, at least in part because of worsening macroeconomic conditions and the U.S.-China trade war. Pure Storage shares plunged 21% in Friday’s premarket,
If someone asked you when the holiday shopping season starts, you’d likely point to Black Friday, when flocks of people will rush to stores after a hearty turkey dinner to pick through the hottest deals. But for more people in 2019, holiday shopping started in July. Why? Amazon. Amazon’s annual Prime Day extravaganza has “become
Medicare beneficiaries have about two weeks left to evaluate their options for 2020 and make changes for the new year. While you don’t need to take any action if you want to stick with your current coverage, experts say it’s worthwhile making sure it will still suit your needs next year — and that there
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