Investing News

RBC Capital Markets chief U.S. equity strategist Lori Calvasina shared her thoughts on where investors should look for outperformance in 2019 in an exclusive interview for CNBC PRO with Mike Santoli. Calvasina explained that she’s keeping an eye on the relatively cheap financial stocks, which she said appear more insulated from a number of macroeconomic
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Amazon CEO Jeff Bezos stunned everyone with his revealing post accusing National Enquirer of extortion and blackmail, but analysts covering the biggest online retailer don’t really care and believe the swirling controversies won’t affect his ability to lead the Internet retailing and cloud software juggernaut. Bezos, Amazon’s single largest shareholder and the world’s richest man,
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After BB&T and SunTrust’s $66 billion merger announcement got a warm reception from markets Thursday, analysts and investors are scurrying to figure out which banks will be next. The key to the deal’s positive reaction is that it’s been labelled a “merger of equals,” or a transaction between two similar-sized firms that can yield immediate
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Herbalife shares sank nearly 5 percent on Thursday after The Wall Street Journal reported that its former CEO resigned last month after federal investigators got a hold of recorded comments he made years ago about bypassing expense limits. The WSJ, citing unnamed sources, said the Justice Department and Securities and Exchange Commission have been investigating
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After years of struggling to compete with lower-cost Chinese counterparts, European telecommunications companies Nokia and Ericsson stand to win big from the U.S.-China trade war, CNBC’s Jim Cramer argued Wednesday. “These once-beleaguered companies now have a chance to win the race for 5G supremacy,” he said on “Mad Money.” “Their equipment might be more expensive
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Investors can afford to be “cautiously optimistic” at this point in the stock market’s cycle, CNBC’s Jim Cramer said Tuesday after consulting with chartist Rob Moreno. Moreno, the technician behind RightViewTrading.com and Cramer’s colleague at RealMoney.com, sees a convoluted path ahead for stocks. After calling the December bottom, Moreno noticed that the Nasdaq Composite’s late-2018
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