Each car is handmade, says Andy Palmer, Aston Martin president & CEO, talking to CNBC's Phil LeBeau about the company's newest convertible, and weighing in on Brexit and whether the automaker intends to go public.
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.
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.
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.
Ranking Eight Integrated Energy Stocks on Dividend Yields (Continued from Prior Part) BP’s dividend yield BP (BP) occupies the top slot on our list of top eight dividend-yielding integrated energy stocks. The company has the fifth-largest market cap
During the 2016 campaign, Donald Trump faced allegations of sexual misconduct from 19 women ranging from walking through dressing rooms to kissing and touching them inappropriately. Trump has used a similar playbook to respond to allegations from women against a number of other men, including Roger Ailes and Bill O’Reilly from Fox News, former White House staffer Rob Porter and Alabama Senate candidate Roy Moore.
A global security company with a massive presence in the defense industry is expanding its Dayton-area facility to accommodate growth. Northrop Grumman, a Virginia firm with a large office in Beavercreek, is ready to unveil a 35,000-square-foot expansion at its local operation. The project marks another local defense office both adding staff and expanding its footprint.
Noodles & Company’s (NASDAQ:NDLS): Noodles & Company develops and operates fast casual restaurants in the United States. Many investors are wondering the rate at which NDLS will turn a profit, with the big question being “when will the company breakeven?” Below I will provide a high-level summary of the industry analysts’ expectations for NDLS. According to the industry analysts covering NDLS, breakeven is near.
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.
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.
CNBC's Courtney Reagan reports on a headline from Bloomberg that e-commerce giant Amazon is planning to open 3,000 of its cashier-less stores across the country by 2021.
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.
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
Sony has announced its seminal PlayStation console will join the ranks of miniature retro reworkings, such as Nintendo's NES and SNES Classic Minis and the C64 Mini. The PlayStation Classic is a micro version of the original console's design, complete with working buttons. The package will also contain two (full-size) original PlayStation controllers in order to play two-player multiplayer on selected titles.
Can We Expect an Upside Potential in Altria Stock? Of the 16 analysts covering Altria Group (MO), 62.5% are recommending a “buy” as of September 17, while the remaining 37.5% are recommending a “hold.” None of the analysts are recommending a “sell.” That same day, analysts set an average price target of $66.59, which represents a return potential of 6.7% from the stock price of $62.44. Since the announcement of Altria’s second-quarter earnings on July 26, Stifel and Jefferies have both lowered their target prices.
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.
Last Thursday, Sears Holdings (NASDAQ: SHLD) released another dreadful quarterly earnings report. Sears' net loss more than doubled to $508 million, while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell to -$112 million from -$66 million a year earlier. Sadly, the poor results may not have been the most disturbing news out of Sears Holdings last week.
United Airlines, Alibaba, Verizon, Amazon and Microsoft are the companies to watch.
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.
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
As part of its capital return plan, JPMorgan Chase (JPM), the largest US bank, has declared a massive 43% rise in its quarterly cash dividend. The bank will pay the dividend on October 31 to shareholders of record as of October 5. Based on yesterday’s closing price of $114.30 per share, the dividend yield is 2.8%, which is the second-highest among the top five US banks based on market capitalization.
Lockheed Martin offered letters of intent to 800 people on Monday to work at its Fort Worth factory, according to a company spokesperson. For almost two years, Lockheed Martin Corp. (NYSE: LMT) has been hosting job fairs to add to its workforce at the Fort Worth facility where the F-35 is manufactured. Since Lockheed Martin is a defense contractor that does a significant amount of work for the U.S. military, the potential employees must pass background checks before they can go to work.
If history repeats itself, Advanced Micro Devices, Inc. (NASDAQ: AMD) investors should brace for a 96-percent crash in the stock, according to Craig Johnson. What Happened AMD is among the hottest performers in 2018, with shares up around 225 percent
Red Hat Inc (NYSE:RHT) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. What is Red Hat’s cash yield? Free cash flow (FCF) is the amount of cash Red Hat has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations.
More than 200 women who attended Christine Blasey Ford’s high school, including actress Julia Louis-Dreyfus, have signed a letter saying they believe the California professor’s allegations that Supreme Court nominee Brett Kavanaugh sexually assaulted her. Louis-Dreyfus tweeted Monday afternoon that she added her name to the letter, which was signed by alumnae of Holton-Arms, an all-girls college-prep school in Bethesda, Md. Louis-Dreyfus said she graduated from the private school in 1979. “We believe Dr. Blasey Ford and are grateful that she came forward to tell her story,” the letter reads.
A safe yield and solid growth prospects are a must for any investor in real estate investment trusts -- and Spirit Realty Capital not only has these qualities but it's much cheaper than rivals. For the last year and a half, investors have seriously discounted Spirit Realty. The company used to own a series of stores leased to Shopko, a physical retailer suffering some tougher times.