Did you miss last night’s “Mad Money” on CNBC ? If so, here are some of Jim Cramer’s top takeaways. In his final Mad Money segment, Cramer took a look at the remarkable rebound in Deluxe , the payment solutions and check printing company that continues to defy the skeptics, including Cramer.
Month: January 2017
ResMed: Cramer’s Top Takeaways
Jim Cramer takes a closer look at ResMed and its future as a medical-device maker focusing on sleep apnea and COPD. Did you miss last night’s “Mad Money” on CNBC ? If so, here are some of Jim Cramer’s top takeaways.
Ad Industry Expects New FCC Chair…
It’s “highly likely” that Federal Communications Commission Chairman Ajit Pai will grant the ad industry’s request to revisit tough broadband privacy rules, the Association of National Advertisers predicted today. “Chairman Pai is a very thoughtful leader who understands the critical role advertising plays as a financial foundation for the online and media marketplace,” the ANA said in a blog post hailing Pai’s appointment.
4 Ways to Protect Your Finances During a Divorce
When going through a divorce, it’s important to protect your personal finances as much as possible – regardless of how amicable the separation may be. If you’re not careful, actions taken by you or your soon-to-be-ex during the divorce process could have serious, long-term implications for your credit.
Verizon, Johnson & Johnson sink, Kimberly-Clark gains
The giant health care company issued a lower-than-expected 2017 forecast and said it will start shopping its diabetes care businesses. The company added fewer new cellphone or tablet customers in the last three months of 2016 than it did in the same period a year earlier.
Overnight Tech: Chairman Pai’s first day | Democrats stress over …
“I am deeply grateful to the President of the United States for designating me the 34th Chairman of the Federal Communications Commission,” Pai said in a statement. In the morning, Pai announced the appointment of his acting general counsel Brendan Carr.
Uber’s Ford Fusions, to be used for mapping, are cleared to go on the road in San Francisco.
They’re back. Five Ford Fusions bristling with rooftop equipment and labeled “Uber Advanced Technologies Center” will hit San Francisco streets starting Wednesday morning, but they will not be functioning as self-driving cars.
Why Shares of MasTec, Inc. Jumped 11% Today
As of 3 p.m. EST shares were still up 10.9% on the day. On the trading front, Citigroup put a price target of $38 per share on MasTec’s stock on Tuesday, but maintained a neutral rating.
Why Fortuna Silver Mines, Straight Path Communications, and BT Group Slumped Today
Tuesday was a strong day for the stock market, and the Dow Jones Industrials climbed more than 100 points to come once again within spitting distance of the 20,000 mark. Other major market benchmarks climbed even more sharply on a percentage basis as investors generally celebrated encouraging results from companies announcing earnings and on the macroeconomic front.
Why Allegheny Technologies, II-VI, and Beazer Homes Jumped Today
The stock market performed well on Tuesday, responding to steady improvement among many companies as earnings season kicked into high gear. Although political issues are likely to remain in the spotlight for some investors for the foreseeable future, many market participants are looking to economic and business issues in driving their investing decisions.
The Top 5 Brands Millennials Love to Love
Market research firm MBLM has released its latest Brand Intimacy Report, which measures the emotional attachment consumers have to various brands. The study reveals that a strong connection is a key ingredient to a better relationship with customers.
Texas Instruments Shares Wobble After Hours Following Earnings Beat
Texas Instruments Inc. shares fluctuated between gains and losses in the extended session Tuesday after the chip maker topped Wall Street estimates for its latest quarter. Texas Instruments shares declined 0.6% to $76.61 a share at last check after hours, following a 1.8% gain during the regular session.
S&P 500, Nasdaq Close At New Records After Strong Earnings
U.S. stocks finished higher Tuesday with the S&P 500 and Nasdaq setting record highs after a fresh round of corporate earnings overcame uncertainty ahead of President Donald Trump’s pro-business agenda. The Dow Jones Industrial Average rose 112.86 points, or 0.6%, to finish at 19,912.71, with shares of DuPont and International Business Machines Corp. leading gainers.
Seagate Rallies On Robust Second-quarter Earnings
Shares of Seagate Technology PLC rallied in Tuesday’s extended session after the hard-drive maker posted better-than-expected earnings. Seagate reported its fiscal second-quarter earnings nearly doubled to $297 million, or $1 a share, from $165 million, or 55 cents a share, a year earlier.
President Of Gap Unit Banana Republic To Leave The Company
Gap Inc. said Tuesday that Andi Owen, global brand president for Banana Republic, will leave the company in late February. Gap’s brands include its namesake, Banana Republic and Old Navy.
Northrop Grumman Reports Earnings Thursday: Here’s What to Look For
Arguably, this will be Northrop Grumman’s most important earnings report of the year — not just because it will contain the financials for the whole year, but also because it will tell us what effect Northrop’s winding down of its stock buyback program has had on the company’s earnings. The A-10 Warthog is one of Northrop’s better known defense programs — but it’s not a big money-maker.
Cree Shares Up Nearly 5% On Company’s Earnings, Sales Beat
Shares of Cree Inc. rose nearly 5% late Tuesday after the LED lighting maker reported fiscal second-quarter adjusted earnings and sales above expectations. Cree said it earned $6 million, or 6 cents a share, in the fiscal second quarter, compared with $13 million, or 13 cents a share, for the second quarter of fiscal 2016.
Bob Evans Farms To Sell Restaurants And Buy Potatoes, Stock Soars
Bob Evans Farms Inc. announced a pair of acquisitions Tuesday along with an executive change meant to focus the company on grocery store sales, and shares jumped 10% in late trading. Bob Evans said that it would sell its chain of Bob Evans Restaurants to private equity firm Golden Gate Capital for $565 million plus the transfer of certain liabilities, with the cash used to pay down debt and issue a special $7.50-per-share dividend to stockholders.
API Data Show Weekly Rise Of 2.9 Million Barrels In U.S. Crude Supplies: Sources
The American Petroleum Institute late Tuesday reported an increase of 2.9 million barrels in U.S. crude supplies for the week ended Jan. 20, according to sources. Analysts polled by S&P Global Platts forecast a climb of 1.9 million barrels.
Alcoa revenue tops estimates, sees higher aluminum demand
Alcoa Corp reported higher-than-expected revenue in its first quarterly results after the metals company split into two in November, helped partly by a rise in alumina prices. The company’s shares were up 4.5 percent in after-hours trading on Tuesday.
Alcoa Corp. Shares Gain After Company’s Sales Come In Slightly Above Expectations
Shares of Alcoa Corp. rose more than 1% late Tuesday after the company reported adjusted per-share earnings below expectations and sales were slightly above forecasts. Alcoa said it lost $125 million, or 68 cents a share, in the fourth quarter, compared with a loss of $826 million in the year-ago quarter.
UK government loses Brexit case, must consult Parliament
Britain’s Supreme Court ruled Tuesday that Prime Minister Theresa May must get legislative approval to start the process of leaving the European Union, raising the possibility that lawmakers will delay her plans to trigger negotiations by the end of March. The 8-3 decision forces the government to put a bill before Parliament, giving members of the House of Commons and the unelected House of Lords the chance to debate and potentially offer amendments that could soften the terms of Britain’s exit from the EU, known as Brexit.
Trump: Build Keystone XL, Dakota Access Pipelines With American Steel
President Donald Trump signed executive orders Tuesday giving the green light for construction of the Keystone XL and Dakota Access pipelines, two projects that stalled under the Obama administration. TransCanada first sought approval for its Keystone XL pipeline in 2008, but President Obama rejected its permit application in November 2015.
article
The S&P 500 and the Dow were set for their best day in three weeks on Tuesday, powered by technology and bank stocks. “We are now in a phase where the policies need to come to fruition to justify the move we have seen in the post-election period,” said Bill Northey, chief investment officer at Private Client Group of U.S. Bank.
Enhance, Diversify a Portfolio with Smart-Beta ETFs
Traditional market capitalization-weighted index funds dominate the investment landscape, but they overweight the largest names, potentially exposing investors to greater risks. Investors, though, can look to alternative or smart beta index-based exchange traded strategies to diversify a portfolio and potentially generate improved risk-adjusted returns.
4 Key Metrics for GoPro Inc Investors to Watch
The biggest disappointment over the past 18 months for GoPro has been a disappointing trend for revenue. GoPro went from a high-growth company to a shrinking company with growing net losses, something no investor wants to see.
Gwyneth Paltrow a Modern Day P.T. Barnum Showman, As Goop Thrives
Is Gwyneth Paltrow crazy or crazy like a fox? Despite dolling out another dose of controversial health advice, which has been met with a monster backlash, her lifestyle brand Goop is thriving, giving her big kudos as a savvy business leader. Following a recent blog post urging women to put “jade eggs” in their vagina for “better sex” and “over well-being,” the $66 eggs are sold out, according to Goop’s website.
Brian Kilmeade’s Democratic Party Autopsy
Jan. 24, 2017 – 3:14 – Fox & Friends Co-Host Brian Kilmeade on Sally Boynton Brown running for chairman of the DNC and the organization’s future.
Aleynikov’s Conviction Is Reinstated by State Appeals Court
Former Goldman Sachs Group Inc. programmer Sergey Aleynikov is once again guilty of stealing the firm’s high-frequency trading code after a state appeals court reinstated his conviction. “Whether the legislature envisioned the specific type of technology that exists today is not dispositive of this appeal,” the appeals court said.
Trump Pins Keystone and Dakota Pipeline Fate on Renegotiation
President Donald Trump took steps to advance construction of the Keystone XL and Dakota Access oil pipelines while foreshadowing a “renegotiation” of terms and insisting that developers use U.S. steel. Trump stopped short of green lighting construction on either project, and reiterated an earlier campaign pledge to seek a “better deal” on TransCanada Corp.’s proposed Keystone XL to transport Alberta oil sands crude into the U.S. On Tuesday, Trump called that “something that’s been in dispute and subject to a renegotiation of terms by us.”
Trump Tells Auto CEOs Easier Rules Will Bring Back U.S. – Bigly’
President Donald Trump told the chief executives of the three biggest automakers in the U.S. that he’ll cut taxes and reduce environmental regulations to restore the nation’s manufacturing sector. “We’re bringing manufacturing back to the U.S. bigly, we’re reducing taxes, very substantially, and we’re reducing unnecessary regulations,” Trump told reporters Tuesday, seated between the CEOs of General Motors Co.
Jefferies Banks on Permian Oil Rush
The investment bank has come in as the 10th ranked adviser on The Deal’s 2016 League Tables, and its bustling energy practice appears to have played a key role. All things considered, 2016 was a good year for Jefferies energy M&A practice.
Marriott Sees Record Growth Due to Industry Boom
Riding on the boom in the lodging industry, Marriott Int’l saw record growth in the amount of rooms it opened in 2016. Marriott opened 55,000 rooms this past year, excluding the 381,000 gained through its September $13 billion acquisition of Starwood Hotels & Resorts Worldwide , the Bethesda, Md.-based company said in a statement on Monday.
OMG! McDonald’s Giving Away Its Iconic Big Mac Sauce in Bottles for the First Time Ever
To drum up interest in its relatively non-creative new Big Macs, McDonald’s is doing something once unthinkable: it’s going to give away its secret sauce in bottles for free. McDonald’s plans to give away 10,000 bottles of Big Mac special sauce tied with the release of its Grand Mac and Mac Jr. sandwiches , according to the company .
Who Will Win and Who Will Lose From Trump Rescinding the TPP?
Yesterday President Donald Trump signed an executive order withdrawing America’s intent to sign the Trans-Pacific Partnership . This trade deal, involving a dozen countries in Asia as well as North and South America, was intended to create a broader Pacific Rim marketplace; however, it has also become a political flashpoint.
Amazon Makes History With First ‘Best Picture’ Oscar Nomination
Amazon.com made history on Tuesday as the first internet company to snag an Oscar nod for Best Picture with its critically-acclaimed film Manchester by the Sea . The film earned a total of six nominations for the story that follows an uncle who cares for his father-less nephew.
McDonald’s Lags Behind Starbucks, Dunkin’ Donuts Apps and Loyalty Programs
Unlike Starbucks and Dunkin’ Donuts , the fast-food giant has yet to launch an order-and-pay app or loyalty program. In November, McDonald’s said it would roll out technology allowing customers to order and pay for food on their smartphones.
5 Earnings Short-Squeeze Trade Ideas
Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a tradable short squeeze develop as the bears rush to cover their positions to avoid big losses.
McDonald’s App Versus Burger King App: Which Is Better for You?
I will preface this by saying I love the Burger King and McDonald’s apps and have for years now. I’m not proud of it, but if I’m going to cut corners, it may as well be as part of my meal choices in the wee hours of the morning.
What You Can Learn From Samsung Electronics, Even if You Can’t Buy Its Stock
Samsung is a great example of a stock that had headline risk but manages to outperform. It offers lessons to investors.