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Business + Coffee: Dick’s soars after gun ban, Facebook gave personal data, airline profits slashed

Monday, June 4: Dick’s Sporting Goods reports strong earnings after pulling assault rifles, Facebook gave device-makers deep access to your data, airline industry slashes profit projections for the year. Yahoo Finance’s Dan Roberts serves you the news.

  • Netflix's Strong Subscriber Growth Shows Last Quarter Was a Fluke
    Business
    Motley Fool

    Netflix's Strong Subscriber Growth Shows Last Quarter Was a Fluke

    After producing torrid growth all year, Netflix (NASDAQ: NFLX) took a breather last quarter when the company added just 5.15 million new subscribers, a far cry from the 6.2 million management had forecast. When Netflix reported earnings after the market close on Tuesday, it reported subscriber numbers much higher than anticipated, proving once again that the company's growth story is on track. Netflix's revenue of $3.999 billion edged past its forecast of $3.988 billion and was in line with analysts' consensus estimates of $4 billion.

  • Suze Orman has a killer question for your retirement
    Business
    MarketWatch

    Suze Orman has a killer question for your retirement

    Suze Orman is one of those singular personalities in the financial business who seems to be right on the pulse of everyone she meets. She’s written books, starred in her own television show and made innumerable appearances in person. Like Oprah

  • Marijuana stocks to watch: Aurora Cannabis investments may be more valuable than its pot
    News
    MarketWatch

    Marijuana stocks to watch: Aurora Cannabis investments may be more valuable than its pot

    Aurora Cannabis Inc. is a major pot producer, but if its bets on other cannabis companies continue to pay off, it may be able to stop actually growing weed on its own. Aurora (ACBFF)(CA:ACB) said recently its investments were worth more than C$700 million ($540 million) as of Sept. 21, bolstered in part by demand for pot stocks ahead of full legalization of marijuana in Canada on Wednesday. As the entire sector has benefited, so has Aurora’s portfolio, boosting the company’s fiscal fourth-quarter profit to C$79.9 million, after a loss of $20.8 million the year earlier.

  • Why PBF Energy Inc and Other Refining Stocks Are Getting Clobbered Today
    Business
    Motley Fool

    Why PBF Energy Inc and Other Refining Stocks Are Getting Clobbered Today

    Shares of PBF Energy Inc (NYSE: PBF) tumbled as much as 10.9% on Friday, joining a sectorwide sell-off that also saw refiners Valero Energy (NYSE: VLO), Phillips 66 (NYSE: PSX), Marathon Petroleum (NYSE: MPC), and HollyFontier (NYSE: HFC) take it on the chin by sinking more than 5% at one point in the day. A trio of factors seems to be driving these declines.

  • 3 Energy Stocks You Can Buy and Hold for the Next Decade
    Business
    Motley Fool

    3 Energy Stocks You Can Buy and Hold for the Next Decade

    North America needs to build $23 billion of new natural gas-related infrastructure annually through 2035, according to a recent report. Three of the best positioned to capture this growth are Kinder Morgan (NYSE: KMI), Williams Companies (NYSE: WMB), and TransCanada (NYSE: TRP), making them great stocks to buy and hold in the coming decade. Kinder Morgan is already the largest natural gas pipeline company in North America, operating roughly 70,000 miles of pipeline.

  • Hate Taxes? 37 States Make Social Security Tax Free
    Business
    Motley Fool

    Hate Taxes? 37 States Make Social Security Tax Free

    Over the course of your career, you'll probably have tens of thousands of dollars in Social Security payroll taxes withheld from your paychecks. Workers are confident that by paying those taxes up front, they'll be able to collect Social Security benefits

  • Why Advanced Micro Devices, Inc. Stock Closed 11% Lower on Friday
    Business
    Motley Fool

    Why Advanced Micro Devices, Inc. Stock Closed 11% Lower on Friday

    Analyst Pierre Ferragu from financial firm New Street Research set his price target for AMD at $18 per share, arguing that the stock has been priced for a level of success that simply isn't realistic. "AMD's stock price reflects a scenario we don't believe possible," Ferragu wrote. In particular, Ferragu sees larger rival Intel (NASDAQ: INTC) getting its manufacturing act together as we speak.

  • 3 Great Stocks Under $10
    Business
    Motley Fool

    3 Great Stocks Under $10

    Among the stocks you can currently purchase for less than $10 per share are Sirius XM Holdings (NASDAQ: SIRI), Annaly Capital Management (NYSE: NLY), and Infosys (NYSE: INFY), and below, we'll take a look at how long they're likely to remain this cheap for would-be investors. Sirius XM was a pioneer in the satellite radio industry, and it's been an investor favorite for years.

  • Hillary Clinton under fire over Lewinsky comment
    Politics
    Fox Business Videos

    Hillary Clinton under fire over Lewinsky comment

    Madison Gesiotto, National Diversity Coalition for Trump, and Democratic strategist Al Mottur on how former presidential candidate Hillary Clinton said that her husband’s affair with Monica Lewinsky was not an abuse of power.

  • 5 Retail Stocks That Could Follow in Sears’ Footsteps
    Finance
    InvestorPlace

    5 Retail Stocks That Could Follow in Sears’ Footsteps

    Once upon a time, Sears helped America become a healthy economy again in the post-War years. Back then, no one would’ve guessed that Sears would file for bankruptcy before 2020. Are my retail stocks really all that safe?

  • Tesla slides after Elon Musk announced lower-cost Model 3 (TSLA)
    Business
    Business Insider

    Tesla slides after Elon Musk announced lower-cost Model 3 (TSLA)

    Tesla CEO Elon Musk announced on Twitter on Thursday that a lower-cost Model 3 was immediately available for order on the company's website. The electric car will have a base price of $45,000 and is eligible for federal and state tax rebates. Tesla shares were down more than 3% Friday after — they gained as much as 2.2% earlier in the session.

  • This Marijuana Investment Firm's 11 Top Cannabis Picks for Explosive Growth
    Business
    Motley Fool

    This Marijuana Investment Firm's 11 Top Cannabis Picks for Explosive Growth

    The marijuana industry has become a hotbed of investment activity, and players of all sizes are looking to get into the action. On top of all the interest from ordinary investors, cannabis companies have seen demand rise from sophisticated institutional investors that have experience with deploying larger amounts of investment capital in search of high-growth opportunities. One of the most interesting marijuana investment specialists that investors can follow is Canopy Rivers (NASDAQOTH: CNPOF).

  • Cramer's 5 favorite tech stocks right now, including Appl...
    MSFT
    CNBC Videos

    Cramer's 5 favorite tech stocks right now, including Appl...

    Jim Cramer reveals his top "power" players in the information technology space, including consumer tech plays, software giants and a fintech kicker.

  • Better High-Yield Dividend Stock: PPL Corp. vs. the Southern Company
    Business
    Motley Fool

    Better High-Yield Dividend Stock: PPL Corp. vs. the Southern Company

    Giant diversified U.S. utility The Southern Company (NYSE: SO) offers investors a yield of 5.5%. Globally diversified electric company PPL Corp. (NYSE: PPL) has a yield of 5.4%. Those figures are both at the high end of the utility sector, which might

  • America’s Biggest Employer Isn’t Hiring Seasonal Employees This Year. Here’s the Reason Why
    Business
    Money

    America’s Biggest Employer Isn’t Hiring Seasonal Employees This Year. Here’s the Reason Why

    For the third year, Walmart won’t be hiring tens of thousands of seasonal employees to provide extra support during the holidays. Instead, Walmart is forgoing the long-standing practice in favor of giving it’s full- and part-time employees more hours and opportunities to earn extra cash. The idea, Walmart says, is to fulfill the wishes of many of its employees.

  • Why Is Ford Stock Tanking before Its Q3 2018 Earnings Event?
    Finance
    Market Realist

    Why Is Ford Stock Tanking before Its Q3 2018 Earnings Event?

    Why Analysts Are Pessimistic about Ford’s Q3 2018 Earnings  Ford’s Q3 2018 earnings Ford Motor Company (F), the second-largest US automaker by 2017 vehicle sales volume, is set to release its third quarter of 2018 earnings report on October 24. But before

  • Is Enbridge Inc. a Buy?
    Business
    Motley Fool

    Is Enbridge Inc. a Buy?

    With a roughly $55 billion market cap, Canada-based Enbridge Inc. (NYSE: ENB) is among the largest energy companies in North America. It offers investors a robust 5.5% yield and has increased its dividend annually for 22 consecutive years. Enbridge is generally considered a well-run company, the proof of which is in its impressive dividend history.

  • Why Valero Energy, eBay, and New Age Beverages Slumped Today
    Business
    Motley Fool

    Why Valero Energy, eBay, and New Age Beverages Slumped Today

    Some major market benchmarks managed to hang onto their gains, but the Nasdaq Composite, and Russell 2000 indexes posted losses of 0.5% to 1.25%, and the S&P 500 was virtually flat. Valero Energy (NYSE: VLO), eBay (NASDAQ: EBAY), and New Age Beverages (NASDAQ: NBEV) were among the worst performers on the day. Valero Energy dropped 10% after the refinery company announced that it would buy back all outstanding units of its related MLP, Valero Energy Partners (NYSE: VLP).

  • Procter & Gamble Finally Has Some Good News for Investors
    Business
    Motley Fool

    Procter & Gamble Finally Has Some Good News for Investors

    It has taken some time, but Procter & Gamble (NYSE: PG) shareholders are finally seeing improving results out of the consumer products titan. P&G paired that positive revenue news with an uptick in profitability, too. P&G's expansion rate sped up significantly, with help from strong sales volumes and steady pricing.

  • Miami swimwear company sues Sears, Lampert for fraud
    Finance
    American City Business Journals

    Miami swimwear company sues Sears, Lampert for fraud

    A Miami swimwear company this week sued Sears Holdings Corp., Sears CEO Eddie Lampert, and Lampert's ESL Investments hedge fund for fraud in Cook County, Illinois. InGear Fashions is suing for $840,000, claiming in its Circuit Court of Cook County lawsuit that Sears, Lampert and ESL engaged in fraud by not paying the company for its swimwear, which it's been supplying to Sears for the past six years.

  • This Dividend Growth Stock Has Taken Steps to Seize a Bigger Slice of This $800 Billion Opportunity
    Business
    Motley Fool

    This Dividend Growth Stock Has Taken Steps to Seize a Bigger Slice of This $800 Billion Opportunity

    MPLX (NYSE: MPLX) has undergone an important transformation over its six years as a public company. It has gone from an entity that mainly owned logistics assets serving its oil-refining parent Marathon Petroleum (NYSE: MPC) to a company that operates across the midstream sector. As a result, it's starting to capture an increasing amount of the estimated $800 billion of investments needed to expand North America's energy infrastructure footprint in the coming years.

  • Freeport’s Q3 2018 Earnings: What’s the Word on Wall Street?
    Finance
    Market Realist

    Freeport’s Q3 2018 Earnings: What’s the Word on Wall Street?

    Freeport-McMoRan (FCX) is scheduled to release its third-quarter earnings results on October 24. Analysts polled by Thomson Reuters expect Freeport to post revenue of $4.5 billion in the third quarter. Freeport posted an adjusted EBITDA of $1.6 billion in the third quarter of 2017.

  • Colorado’s Marijuana Market Just Hit This Huge Milestone
    Business
    Motley Fool

    Colorado’s Marijuana Market Just Hit This Huge Milestone

    Marijuana has been legally available in Colorado for recreational use since 2014, and consumers' appetite for marijuana products continues to grow due to the launch of new products, including concentrates and edibles. As a result, Colorado's annual marijuana sales surpassed $1 billion in August -- the earliest it has ever achieved that milestone. There's been some debate over how much money would move from the black market to regulated markets following legalization, but Colorado's experience suggests it's substantial.

  • Marijuana investors may lose 90% of their money in Canada, so consider the really big prize elsewhere
    News
    MarketWatch

    Marijuana investors may lose 90% of their money in Canada, so consider the really big prize elsewhere

    Marijuana presents a tremendous opportunity for investors over the next few years. Naïve investors are excited. The reality is that professionals will pick their pockets, and many naïve investors who are excited now will end up losing 90% of their investment.

  • Better Buy: Ford Motor Company vs. BMW AG
    Business
    Motley Fool

    Better Buy: Ford Motor Company vs. BMW AG

    Both Ford Motor Company (NYSE: F) and BMW -- or Bayerische Motoren Werke AG (NASDAQOTH: BMWYY) -- drew investors' attention earlier in the cycle, when sales and profits were growing and their management teams appeared to be executing better than most.