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Anthony Bourdain found dead in France at 61

Anthony Bourdain, the celebrity chef and citizen of the world who inspired millions to share his delight in food and the bonds it created, was found dead in his hotel room Friday in France while working on his CNN series on culinary traditions. He was 61.

  • Business
    Motley Fool

    Why Warren Buffett Keeps Buying Apple and Bank Stocks

    Warren Buffett and his right-hand Charlie Munger seem sweet on the world's largest company, Apple (NASDAQ: AAPL). Berkshire also sold some of its position in Phillips 66, Charter Communications, United Airlines, American Airlines, and Wells Fargo. Some of these sales might indicate the investor is moving away from the companies, but others are simply a part of Buffett's plans to keep his ownership below 10% to avoid certain regulatory hurdles.

  • JPMorgan (JPM) Cheers Shareholders With 43% Dividend Hike
    Finance
    Zacks

    JPMorgan (JPM) Cheers Shareholders With 43% Dividend Hike

    JPMorgan’s JPM board of directors has announced a 42.9% hike in its quarterly dividend. The hike comes as part of the company’s 2018 capital plan which was approved by the Federal Reserve this June. Additionally, JPMorgan’s capital plan includes authorization to repurchase $20.7 billion worth of shares, through the second quarter of 2019.

  • Tilray Is Partying Like It's 1999 (and It Won't End Well)
    Business
    Motley Fool

    Tilray Is Partying Like It's 1999 (and It Won't End Well)

    In a mere 28 days, on Oct. 17, recreational weed will go on sale in licensed dispensaries, opening the door to what should be billions of dollars in added annual sales, atop what the industry is already generating from medical pot sales and via exports to foreign countries that've legalized medical cannabis. For instance, no pot stock has done better (or even come close, for that matter) than Tilray (NASDAQ: TLRY) since its initial public offering on July 19. After pricing its shares at $17, Tilray hit $300 a share in intraday trading on Wednesday, Sept. 19.

  • Tesla 'headed for the graveyard' says former GM exec Bob Lutz
    Business
    Yahoo Finance Video

    Tesla 'headed for the graveyard' says former GM exec Bob Lutz

    Former GM Vice chairman Bob Lutz blasted Tesla, claiming the company is 'headed for the graveyard.' Yahoo Finance's Seana Smith, Dion Rabouin and Andy Serwer discuss.

  • Business
    Benzinga

    Morgan Stanley Says Intel 'Oversold' Its Technology, Raises AMD Price Target 150%

    Morgan Stanley's Joseph Moore maintained an Underweight rating on AMD with a price target lifted from $11 to $28. Intel argued over the past few years that its process leadership would translate into a sustainable performance advantage across multiple markets, Moore said in a Tuesday note. Intel's ongoing delays in its 10 nm processors are now looking more disruptive for the company than previously assumed, as it is impacting existing roadmaps, Moore said.

  • Business
    MarketWatch

    Tilray stock halted several times amid rollercoaster final hour of trading

    Tilray Inc. (tlry) shares were halted five times in a span of less than an hour as Wednesday's trading session neared a close, with shares zooming between brief small losses and incredibly large gains. Tilray stock was flying high Wednesday, hitting an intraday record high of $300 a share -- a daily gain of 94% that added to a an increase of more than 400% in the past month.

  • Microsoft Increases Its Dividend -- What You Need to Know
    Business
    Motley Fool

    Microsoft Increases Its Dividend -- What You Need to Know

    As expected, software giant Microsoft (NASDAQ: MSFT) announced a dividend increase this week. While Microsoft's fairly low dividend yield means the stock might often get overlooked as a dividend stock, another meaningful annual dividend increase in the books makes the stock a bit more enticing as an investment for generating income. In line with the company's practice of announcing a dividend increase on the third Tuesday of every September, management declared the 9.5% dividend hike after market close on Tuesday, Sept. 18.

  • The $100,000 stocks that Kanye West bought Kim Kardashian for Christmas are up by 40% (DE000A1EWW, US02313510)
    Business
    Business Insider

    The $100,000 stocks that Kanye West bought Kim Kardashian for Christmas are up by 40% (DE000A1EWW, US02313510)

    Kim Kardashian West might have a future on Wall Street. The reality TV star was gifted shares in five major companies for Christmas last year by her husband Kanye West. The stocks have since soared 40% on average, according to data from Markets Insider.

  • SunPower Stock Gains Momentum as Analysts Weigh In: What You Need to Know
    Business
    Motley Fool

    SunPower Stock Gains Momentum as Analysts Weigh In: What You Need to Know

    SunPower (NASDAQ: SPWR) really wants you to know about that, and yesterday told Reuters -- a day before the official announcement was made -- that its appeal to the U.S. Trade Representative to be exempted from 30% tariffs on imported solar panels has been granted. Partly because SunPower's solar cells and modules are made in Mexico and the Philippines (rather than China, the focus of President Trump's trade war), and partly because they're "highly differentiated IBC cells and modules" rather than "cheap, commoditized imports" (and thus less likely to undercut U.S.-made solar panels on price), SunPower solar products will be permitted to sidestep tariffs that began this year, and will continue to add cost to competitors' products through at least 2021. Hearing this, investors rushed to bid up SunPower stock 15% yesterday, and the buying is continuing today as Wall Street keys into the news -- and begins rewarding SunPower with upgrades and target-price hikes.

  • ‘More Ridiculous than Bitcoin’: Pot Stocks Go Parabolic as Crypto Markets Cool
    Business
    CCN

    ‘More Ridiculous than Bitcoin’: Pot Stocks Go Parabolic as Crypto Markets Cool

    The cryptocurrency markets are nine months into a bear market, but the animal spirits that drove the bitcoin price to nearly $20,000 haven’t disappeared. Rather, it seems that they have found a new outlet — pot stocks. Long a favorite of retail traders on commission-free stock trading app Robinhood, publicly-listed cannabis stocks have gone bananas in recent weeks, driven in part by the impending legalization of recreational marijuana in Canada on Oct. 17.

  • 2 Marijuana Stocks to Buy and Hold Forever
    Business
    Motley Fool

    2 Marijuana Stocks to Buy and Hold Forever

    Despite its explosive gains over the past few weeks, the marijuana industry, in many ways, is still in its infancy. Medical and recreational cannabis sales are forecast to climb to a monstrous $146.4 billion by the end of 2025, according to Grand View Research. First off, the top Canadian pot stocks listed on major U.S. exchanges -- Canopy Growth Corporation (NYSE: CGC), Cronos Group (NASDAQ: CRON), and Tilray (NASDAQ: TLRY) -- all sport valuations that seem to suggest that much of this projected upside is already baked in at this point.

  • Business
    TheStreet.com

    Tilray Shares Are Going Absolutely Haywire -- Here's Why

    It may end badly, but for nimble traders in Tilray the good times are likely to continue flowing as the hype on the company's prospects reach fever pitch levels. Clearly, investors have bought into Tilray's pitch hook, line and sinker. "This industry [cannabis] is disrupting the pharmaceutical industry, cannabis is a threat to prescription based painkillers primarily opiods," explained Kennedy in an interview with TheStreet on the day of its July IPO.

  • Finance
    CNBC

    Jack Ma: Alibaba is no longer planning to create 1 million US jobs

    Jack Ma, founder of Chinese retail giant Alibaba, has recanted his promise to Donald Trump to create 1 million U.S. jobs. Experts have said that Ma's vow to create 1 million jobs linked to merchants selling their goods on the company's platform within five years was lofty to begin with. Jack Ma, founder and chairman of Chinese retail giant Alibaba BABA , says the company no longer plans to create 1 million jobs in the United States in the wake of the ongoing trade conflict between the U.S. and China.

  • AT&T Isn’t Distressed about the DOJ’s Appeal of Time Warner Deal
    Business
    Market Realist

    AT&T Isn’t Distressed about the DOJ’s Appeal of Time Warner Deal

    The United States Department of Justice (or DOJ) has appealed Judge Richard Leon’s decision to allow AT&T’s (T) $85.4 billion acquisition of Time Warner, raising the possibility that the deal could be blocked. The appeal came after the companies closed the merger deal on June 14 after winning a six-week court trial. The DOJ had objected to the deal on the grounds that it would hurt consumers with higher costs and reduced competition in the pay-TV space.

  • ExxonMobil Ranks Sixth with a 3.9% Dividend Yield
    Business
    Market Realist

    ExxonMobil Ranks Sixth with a 3.9% Dividend Yield

    Ranking Eight Integrated Energy Stocks on Dividend Yields (Continued from Prior Part) ExxonMobil’s dividend yield ExxonMobil (XOM) occupies the sixth slot in our list of the top eight dividend-yielding integrated energy stocks. Among the eight companies

  • 2 Utility Stocks to Buy and 1 to Avoid
    Business
    Motley Fool

    2 Utility Stocks to Buy and 1 to Avoid

    Investing in utilities is usually a pretty boring affair, with the main attraction normally being a reliable quarterly dividend payment. Recent events at SCANA Corporation (NYSE: SCG), however, have been anything but boring. Dominion Energy could be the company's savior, but not if the government gets in the way.

  • United updates boarding process, Alibaba expands cloud partnership, Verizon denies accusations
    Business
    Yahoo Finance Video

    United updates boarding process, Alibaba expands cloud partnership, Verizon denies accusations

    United Airlines, Alibaba, Verizon, Amazon and Microsoft are the companies to watch.

  • Business
    Benzinga

    Jefferies Upgrades E-Trade Financial, 'A Unique And Scarce Asset'

    With a potential sale looming, shares of E-Trade Financial Corp. (NASDAQ: ETFC) are attractive, according to Jefferies.  The Analyst Jefferies analyst Daniel Fannon upgraded E-Trade Financial from Hold to Buy and maintained a $65 price target. The Thesis

  • Are Insiders Cautious About Aduro BioTech Inc (NASDAQ:ADRO) Shares?
    Business
    Simply Wall St.

    Are Insiders Cautious About Aduro BioTech Inc (NASDAQ:ADRO) Shares?

    Aduro BioTech, Inc., an immunotherapy company, focuses on the discovery, development, and commercialization of therapies that transform the treatment of challenging diseases. Aduro BioTech’s insiders have divested from 53.11k shares in the small-cap stock within the past three months.

  • Can CenturyLink's Dividend Even Survive?
    Business
    Motley Fool

    Can CenturyLink's Dividend Even Survive?

    It's easy to see why so many investors are bearish on Telecom giant CenturyLink Inc. (NYSE: CTL). Its legacy business is expected to continue shrinking, and it has paid out more in dividends than it has earned in profits for years. Oh, and there's even

  • How Oracle Performed in the Latest Quarter
    Business
    Market Realist

    How Oracle Performed in the Latest Quarter

    The Latest Tech Sector News: Apple, Netflix, Amazon, and Twitter (Continued from Prior Part) Oracle beat earnings estimates but missed revenue projections Enterprise Software giant Oracle (ORCL) announced its fiscal 2019 first-quarter results on Monday

  • Is There More Upside in AMD Stock?
    Business
    Zacks

    Is There More Upside in AMD Stock?

    Advanced Micro Devices AMD shares are shaping up to be one of the top gainers this year with a year-to-date return of over 210%. Most of this success story is based on its rivalry with Intel INTC, a company it seems to be beating with its new product

  • Finance
    Oilprice.com

    Ex GM Boss: Tesla ‘Headed For The Graveyard’

    Tesla is an “automobile company that is headed for the graveyard,” as it doesn’t have any advantage over the scores of electric vehicles coming from the legacy automakers and can’t recoup EV sales losses with sales of gas-fired cars, General Motors’s former vice chairman Bob Lutz told CNBC on Tuesday. Lutz continues to believe that Tesla Model 3 will never make money because overhead costs are widely exceeding the profits from making fewer than 150,000 cars a year. In addition, the competition coming from the German automakers Audi, Mercedes-Benz, and BMW, as well as from GM in the United States, will put additional pressure on Tesla, Lutz said.

  • Analysts Favor ‘Buys’ ahead of Darden’s Fiscal Q1 2019 Results
    Business
    Market Realist

    Analysts Favor ‘Buys’ ahead of Darden’s Fiscal Q1 2019 Results

    Of the 26 analysts that follow Darden Restaurants (DRI), 53.8% have recommended “buys” on its stock as of September 14, while the remaining 46.2% have recommended “holds.” No analysts have given the stock “sell” recommendations. On average, analysts have set a target price of $119.15 on the stock as of the same day.

  • North Korea Agrees to Permanently Dismantle Nuclear Complex If U.S. Takes Corresponding Steps
    World
    Time

    North Korea Agrees to Permanently Dismantle Nuclear Complex If U.S. Takes Corresponding Steps

    The Korean leaders also said the North would dismantle a missile engine test site and launch pad in the presence of outside inspectors, and would seek to host the 2032 Summer Olympics together. Moon also said Kim would try to visit Seoul sometime this year. Washington wants North Korea to outline the entirety of its nuclear program, and its response to Wednesday’s joint statement from the Koreas remains to be seen.