Cynthia Thomas Reher is a veterinarian in Bellevue, Washington Source: Cynthia Thomas Reher Where did the actor Steve McQueen live as a child? Does brackish water have more freshwater than saltwater? If you can correctly answer questions like these, you might be done with your student loans sooner than you expected. Some 400,000 people have registered
Month: May 2019
Interpublic Group of Companies Inc: “Very inexpensive advertising stock. I’m not gonna say pull the trigger, but it is inexpensive. Cedar Fair LP: “This youngin’ likes yield. So do I. I think it’s good. It’s better, frankly, than Six Flags. “ NextEra Energy Inc: “You’ve got a good one with Nextera. It’s a growth utility.
Sinclair Broadcast Group’s subsidiary Tennis Channel rings the NASDAQ bell, led by President Ken Soloman. Gary Gershoff | Getty Images Sinclair Broadcast announced Friday that it will buy 21 regional sports networks from Disney at a $10.6 billion valuation. Adjusting for minority equity interests, Sinclair said it bought the assets for $9.6 billion. The broadcasting
New York City on August 6, 2018. ANGELA WEISS | AFP | Getty Images CBS sees advertising prices rising for its slate of TV shows in the upcoming fall programming season, executives said, as the TV broadcaster and media company on Thursday reported first-quarter revenue falling short of analysts’ estimates from weaker content licensing and
CNBC’s Jim Cramer on Friday said Occidental Petroleum‘s borrowed an “ill-advised” $10 billion from Warren Buffett to further a bidding war with Chevron for Anadarko. To raise enough capital, Occidental now has a loan from Berkshire Hathaway with an 8% interest rate, which is worth as much as $20 billion, he said. That could be
If you are trying to save money, it helps to have a goal. Whether it is for retirement, starting a business or paying for an education, Americans are putting money aside — but many aren’t saving enough, and some, not at all. In fact, 21% of working Americans aren’t saving anything, according to a recent
Dara Khosrowshahi, CEO, Uber Carlo Allegri | Reuters Here are the biggest calls on Wall Street on Friday. Atlantic Equities initiated Uber as ‘neutral’ Atlantic Equities said Uber’s path to profitability is clearer. “Given the benefits of scale, we prefer Uber, with its market-leading ridehailing position augmented by the fast growing Eats business and freight
Hedge fund king Ray Dalio said the U.S. will end up adopting an economic philosophy that uses zero interest rates to finance big government spending for more widespread growth. Known as Modern Monetary Theory, the idea of running up large debts and deficits in order to pull the economy out of weak periods has some
Check out the companies making headlines before the bell: Boeing — The Wall Street Journal reports that Boeing limited input from its test pilots on the flight control systems for the now-grounded 737 Max jet fleet, contrary to established procedure. Tesla — Tesla has increased the size of a proposed capital raise, upping the number
The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering on April 1, 2015 in New York City. Getty Images Web hosting company GoDaddy reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending
Warren Buffett David A. Grogan | CNBC Warren Buffett doesn’t like the way former Wells Fargo CEO Tim Sloan left the bank, saying he was “an excellent banker” that was forced out by undue political pressure. “I was 100% behind Tim Sloan the day it was announced he resigned,” Buffett told CNBC’s Becky Quick on
A team of five graduate business students from the University of Vermont traveled to Philadelphia this week to put an impact investing project they have been working on to the test. The trip, which coincided with finals, was a success. The students — Maura Kalil, Emily Klein, Andrew Mallory, Peter Seltzer and Alyssa Stankiewicz —
After paying into Medicare through payroll withholdings at work for many years, some people approach their eligibility age of 65 with a misconception that their coverage will be free. In reality, Medicare comes with a variety of expenses — including premiums, copays and deductibles. High earners pay more for certain premiums, and there’s no out-of-pocket
A top SpaceX official on Thursday confirmed reports that one of the company’s Crew Dragon capsules was completely lost during testing in April. “Here’s what we can confirm … just prior to when we wanted to fire the SuperDraco, there was an anomaly and the vehicle was destroyed,” SpaceX vice president of mission assurance Hans
In this Tuesday, Aug. 4, 2015 file photo, a nurse places a patient’s medication on an intravenous stand at a hospital in Philadelphia. AP Photo | Matt Rourke Idaho’s wealthiest man just launched a new fund to defend people from “overly aggressive medical debt collectors.” About 1 in 5 Americans with health insurance has some
Citigroup CEO Michael Corbat defended the Wall Street bank’s sponsorship of an upcoming event in New York City honoring Brazil’s president Jair Bolsonaro, who has a history of homophobic comments. Corbat told CNBC’s “Squawk on the Street” that the bank spends “a lot of time” making sure its staff understand the company’s support of the
Kevin Plank, CEO, Under Armour Under Armour on Thursday reported quarterly earnings and sales that topped analysts’ expectations. It reported earnings of 5 cents a share for the first quarter on sales of $1.21 billion. Analysts were calling for Under Armour to break even on a per-share basis, with sales of $1.18 billion, according to
Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Drew Angerer | Getty Images After briefly pausing, trading of Beyond Meat shares resumed after the company’s stock surged 125% in its debut on the Nasdaq Thursday. The company’s opening trade was $46.00 per
M_a_y_a | E+ | Getty Images Brides and grooms aren’t the only ones racking up wedding debt. Their guests are turning out their pockets for bachelorette parties and more. Couples who got hitched in 2018 coughed up an average of $33,931 to make their special day a memorable one, according to TheKnot.com. Though newlyweds feel
Kohl’s Corp.: “Kohl’s is run by the fabulous [CEO] Michelle Goss, who is doing a great job. Heavily shorted stock, that makes no sense. I know the quarter’s not gonna be that great, but I say [buy].” Exxon Mobil: “You’re not going to get hurt with a 4% yield buying Exxon at these prices, but
Denis Doyle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Qualcomm dropped as much as 5% in extended trading Wednesday despite the semiconductor company’s better-than-expected second-quarter earnings. Qualcomm reported earnings per share of 77 cents on revenue of $4.98 billion. Wall Street expected earnings per share of
Pedestrians pass in front of a CVS location in New York. Scott Mlyn | CNBC CVS Health on Wednesday crushed first-quarter expectations and raised its full-year forecast as the company’s newly acquired health insurance business boosted results and its pharmacies filled more expensive prescription drugs. Its stock price jumped 5.7% in premarket trading. Here’s what
Apple rallied nearly 5% on Wednesday, but CNBC’s Jim Cramer said there could soon be even more upside. “That’s why I always say own it, don’t trade it,” the “Mad Money” host said. “With this quarter, we got yet another reason to stick with Apple, and even after today’s terrific run, I think it will
Grant Taylor | Getty Images You’ve probably heard the saying “Birds of a feather flock together.” But you probably never thought that could apply to the mutual fund you’re invested in due to political bias. Yet that is exactly what research from Dr. Yaoyi Xi, assistant professor of finance at San Diego State University’s Fowler
Tom Grill | Getty Images Eva Dion’s 62nd birthday meant one thing to her husband, Jim. It was time for her to collect Social Security. “I’m from the old school,” Jim, 74, said. “Grab the money while you can.” Yet before Eva made her decision, she mulled it over with her financial advisor, Carolyn McClanahan,
Wall Street’s coming around on Apple. Shares of the iPhone maker soared more than 6% on Wednesday after reporting earnings the previous evening, topping $1 trillion in market capitalization. Apple beat analysts’ expectations on earnings and revenue for the fiscal second quarter, as well as their outlook for the company’s third quarter. The results empowered
Oliver Rossi | Corbis | Getty Images Maybe you won’t hit an actual million in retirement savings. But if you change your strategies now, it’s definitely possible to double or triple the size of your retirement account. It all depends on how much you learn and how much you invest. You can take 100 people
A store front window in Miami Beach. Joe Raedle | Getty Images Moody’s Analytics chief economist Mark Zandi said technical issues may have made ADP’s report on the April job market look much stronger than it actually was. Earlier Wednesday, ADP’s report with Moody’s said private sector hiring hit an eye-popping 275,000 in April, just
Greg Creed, CEO, Yum Brands Scott Mlyn | CNBC Yum Brands on Wednesday reported quarterly earnings that beat analysts’ expectations. Shares of the company were up less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share:
Cannabis aficionados everywhere may finally get their wish as Oreo-maker Mondelez eyes adding CBD-infused snacks to its product line, which includes Chips Ahoy cookies, Cadbury chocolate, Nilla Wafers and Nutter Butter cookies. “Yes, we’re getting ready, but we obviously want to stay within what is legal and play it the right way,” CEO Dirk Van