- Barrons.com•1 hour ago
Alcoa & Century Aluminum: Buy One, Skip the Other
B. Riley initiated coverage on aluminum makers on Thursday, preferring Century Aluminum (CENX) over Alcoa (AA). Analyst Lucas Pipes launched coverage of Alcoa with a Neutral rating and a $47 price target. Pipes writes that alumina prices have been elevated on "unique events," which is an oblique way of referring to tariffs.
Associated Press•2 hours agoIntel CEO out after consensual relationship with employee
Intel CEO Brian Krzanich has resigned after the company learned of what it called a consensual relationship with an employee. Intel said Thursday that the relationship was in violation of the company's non-fraternization policy, which applies to all managers. Chief Financial Officer Robert Swan will take over as interim CEO immediately.
- Zacks•3 hours ago
Can Canada Goose Holdings (GOOS) Stock Continue to Grow Earnings?
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. One such company that might be well-positioned for future earnings growth is Canada Goose Holdings Inc. GOOS.
- MarketWatch•57 minutes ago
How to outlast a job you hate until you can retire
Filling your mind with pleasing images of retirement — what you’ll do, where you’ll reside — can divert attention from the daily grind. Counting the days until retirement gets easier if you’re used to priming your brain to work to your advantage. Joanne Waldman is director of training at Retirement Options, which certifies retirement coaches and offers retirement readiness assessments.
- CNBC•3 hours ago
Goldman Sachs upgrades stumbling Verizon and Charter shares: 'The pipes are not broken'
Goldman Sachs upgraded Verizon and Charter Communications to buy from neutral, believing the broadband providers have been unfairly punished as other telecommunications giants pursue costly acquisitions. "We believe that broad underperformance across the sector has been driven by a few key factors, including concerns about fundamental headwinds, M&A uncertainty and rising interest rates," the Goldman note stated. Verizon VZ and Charter CHTR are down 9 percent and 14 percent respectively this year amid a judge's approval of AT&T T 's blockbuster deal for Time Warner and a bidding war for certain Twenty-First Century Fox assets between Disney DIS and Comcast CMCSA .
- Bloomberg Video•2 hours ago
Intel CEO Krzanich Is Out After Having Relationship With Employee
Jun.21 -- Intel Corp. removed Brian Krzanich as chief executive officer after learning of a previous consensual relationship with an employee. Chief Financial Officer Robert Swan has been named interim CEO. Bloomberg Intelligence's Anand Srinivasan reports on "Bloomberg Markets: The Open."
- TheStreet.com•yesterday
5 Stocks That Are Screaming Buys Right Now
Here we used TipRanks' stock screener to pinpoint the most compelling stocks right now. The Street is buzzing about Neurocrine's Ingrezza drug, the first FDA-approved treatment for adults with tardive dyskinesia. On its first quarter earnings call, Neurocrine updated the Street with respect to ongoing market penetration for Ingrezza.
- TechCrunch•2 hours ago
Intel’s CEO resigns as information about a ‘past consensual relationship’ surfaces
In a press release touting “another record year,” Intel dropped a a bombshell, announcing that CEO Brian Krzanich is resigning, amid revelations of a “past consensual relationship” with an employee. “Intel was recently informed that Mr. Krzanich had a past consensual relationship with an Intel employee,” the company notes in the release. “An ongoing investigation by internal and external counsel has confirmed a violation of Intel’s non-fraternization policy, which applies to all managers.
- TheStreet.com•2 hours ago
Why Spotify Is the Ultimate Speculative Stock to Buy
I scoffed at Spotify Technology when it went public in early April. I only bought the shares when the stock revisited it's previous lows in early May when TheStreet's founder Jim Cramer mentioned in passing how much he liked the service. I tried the
- MarketWatch•20 hours ago
Micron earnings show continued gains, but stock dips
Micron Technology Inc. (mu) beat earnings expectations as profit and revenue continued to grow quickly in a report issued Wednesday afternoon, but shares still declined slightly in after-hours trading. Micron reported third-quarter net income of $3.82 billion, or $3.10 a share, on sales of $7.8 billion, up from $5.57 billion in the year-ago quarter.
- Investor's Business Daily•19 hours ago
AMD Stock Target Raised While Intel Stock Target Trimmed
Wall Street analysts adjusted their price targets on two big-name chipmakers Wednesday as Advanced Micro Devices received a hike and Intel got a cut. Morgan Stanley raised its price target on AMD to 11 from 8, but reiterated its underweight rating. AMD stock broke out of a 44-week consolidation period at a buy point of 15.75 on June 7.
InvestorPlace•yesterdayHas iQiyi Stock Finally Hit Its Ceiling?
IQ stock churned in the low $20’s and abruptly took off, climbing north of $30 almost instantly, then $40. IQ may not be profitable like HUYA and SOGO, but given its stellar subscriber growth, it’s no wonder investors are excited.
- Investopedia•6 hours ago
Don't Overlook These 5 Things and Lose Retirement Income
Having a comprehensive, integrated and personalized retirement income plan is key for retirees and pre-retirees. Today’s retirees need to look at all available resources they may have available to them in their household balance sheet, which includes not only maximizing assets but also reducing liabilities. Many retirees overlook simple solutions to create and protect retirement income because they follow the herd instead of getting individual recommendations from a retirement planning expert.
InvestorPlace•4 hours agoTrade of the Day: Alibaba Stock Sets Up for Another Rally
Shares of Alibaba Group (NYSE:BABA) have largely trotted sideways over the past couple of weeks. The charts however now point out that BABA stock is setting up for another leg higher. For the year-to-date, BABA stock thus far is higher by close to 20%.
- TheStreet.com•17 hours ago
Jim Cramer: With GE It's So Difficult to Believe We Are at the Bottom
It's something we have heard every step of the way from when John Flannery replaced Jeff Immelt in August of last year when the stock as at $25. It became like asking how were the accommodations and the food on the Titanic.
Business Insider•yesterdayTesla is suing the employee Elon Musk claimed committed sabotage against the company (TSLA)
Tesla has filed a lawsuit against the employee CEO Elon Musk said committed sabotage against the company, Bloomberg first reported. On Monday, Musk said an employee had changed parts of Tesla's manufacturing operating system code and sent "highly sensitive" company data to outside parties, according to an internal email acquired by CNBC.
- TheStreet.com•19 hours ago
3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio
Warren Buffett, the chief executive of Berkshire Hathaway Inc. , has long been lauded as one of the greatest value investors of this lifetime. That makes his picks for Berkshire a solid pick for a retirement fund with a few years to grow. His preferences
- CNBC Videos•19 hours ago
FANG stocks are going wild, but these might be running ou...
FANG stocks hit an all-time high. Should investors fade it or trade it? With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Karen Finerman, Dan Nathan and Guy Adami.
- InvestorPlace•22 hours ago
Naked Brand Shares Fly Skyward on Bendon Merger
Naked Brand and Bendom Limited officially completed their merger today. This comes after shareholders of NAKD voted in favor of the merger on June 11, 2018. The merger has both Naked and Bendon acting as wholly-owned subsidiaries of the new company Bendon Group Holding Limited.
- MarketWatch•1 hour ago
Intel CEO Krzanich steps down after company uncovers past relationship with employee
Intel Corp. Chief Executive Brian Krzanich has resigned from the company effective immediately, the tech giant said Thursday, after he was found to have violated company policies through a past relationship with another employee. In a release, Intel (INTC) announced that an investigation by internal and external counsel found that Krzanich violated the company’s “non-fraternization policy” when he had a “past consensual relationship” with someone else at the company.
- MarketWatch•2 hours ago
Why GE stock may be a buy after getting dumped from the Dow
To understand why, look at what happened to IBM (IBM) in 1939, when it was kicked out of the Dow. Norman Fosback, the erstwhile head of the Institute for Economic Research, reported in his investment textbook “Stock Market Logic” that “the DJIA would today be more than twice its currently quoted level” had IBM not been kept out of the Average for those four decades — meaning the Dow currently would be at around 50,000. One measure of this comes from an analysis of the two dozen stocks that have been added or deleted from the Dow since 2000.
Reuters•1 hour agoWall Street falls as Amazon weighs, trade worries linger
Amazon declined 0.7 percent and was the top drag on the S&P and the Nasdaq. If U.S. President Donald Trump keeps exacerbating tensions over trade, Beijing could strike at members of the Dow Jones Industrial Average, state-controlled Chinese tabloid The Global Times said in a commentary. At 10:24 a.m. ET, the Dow Jones industrial average was down 175.91 points, or 0.71 percent, at 24,481.89, the S&P 500 was down 16.74 points, or 0.604917 percent, at 2,750.58 and the Nasdaq Composite was down 61.71 points, or 0.79 percent, at 7,719.81.
- MarketWatch•3 hours ago
Micron earnings prove the doubters wrong again
Opinion: Memory chip maker’s stock gains after it combats every doomsday scenario with results and forecastBloomberg News/Landov”The industry we operate within is structurally different than in the past,” Micron Chief Executive Sanjay Mehrotra said Wednesday. Micron Technology Inc. once again countered all the doubts surrounding its stock Wednesday, as executives forcefully contended that the current strength in memory markets is not just a cyclical upturn. Micron (MU) on Wednesday reported strong profit and sales gains with a forecast that showed confidence that demand for memory chips will continue, along with higher prices of those components.
- Fortune•7 hours ago
Alibaba v. Tencent: Taking the Fight to Southeast Asia
Unlike Alphabet’s , and , which rely on overseas markets for a third or more of their total sales, Alibaba and Tencent collect only a small fraction of their revenue outside of China. In essence, Alibaba and Tencent are creating rival tech ecosystems that mirror their competition in China, and are requiring local startups to choose sides.
- The Wall Street Journal•2 hours ago
Stocks to Watch: Intel, Facebook, Micron, AT&T, Kroger, Darden, Square, American Outdoor Brands
Here are some of the companies with shares expected to trade actively in Thursday's session. Stock movements reflect premarket trading. Intel —Up 2%: Brian Krzanich has resigned as CEO of the chip maker
