Former NFL player Isaiah Pead is training to run in the 2020 Paralympics.
Former NFL player Isaiah Pead is training to run in the 2020 Paralympics.
Supreme Court nominee Brett Kavanaugh has been a judge on the U.S. Court of Appeals for the D.C. Circuit since 2006. During at least part of that tenure, it was “no accident” that President Donald Trump’s pick for the nation’s highest court had female law clerks who “looked like models,” according to reports from HuffPost and The Guardian. Female law students hoping to clerk for Kavanaugh were also told he preferred clerks with a “certain look,” and that candidates should dress “model-like” in order to make a good impression on the influential federal judge.
CNBC Make It turned to Fidelity , the nation's largest retirement-plan provider, for the numbers. As of the second quarter of 2018, Americans between 40 and 49 years old had an average 401(k) balance of $103,500 and were contributing 8.4 percent of their paychecks. Fidelity also found that employers were matching, on average, 4.6 percent, which put the total savings rate for forty-somethings at 13 percent.
Investors seemed to be in a sector-shifting mood on Friday, because various measures of stock market performance went in different directions. GTx (NASDAQ: GTXI), Tilray (NASDAQ: TLRY), and United Natural Foods (NASDAQ: UNFI) were among the worst performers on the day. Shares of GTx plummeted more than 90% after the tiny pharmaceutical company announced bad news for its sole candidate drug treatment.
For the second day in a row, a major Wall Street firm has reiterated a bullish outlook and raised its price target for Advanced Micro Devices, Inc. (NASDAQ: AMD). The Analyst Jefferies analyst Mark Lipacis reiterated a Buy rating on AMD and raised the
China is planning to cut average tariff rates on imports from the majority of its trading partners as soon as next month, two people familiar with the matter said, in a move that would lower costs for consumers as a trade war with the U.S. deepens.
The stock market was mixed on Friday, with the Dow Jones Industrial Average climbing to record heights even as the Nasdaq Composite gave back some of its recent gains. Transocean (NYSE: RIG), Novavax (NASDAQ: NVAX), and Steelcase (NYSE: SCS) were among the best performers on the day. Shares of Transocean rose 7% after the offshore oil services specialist reported a new contract for its soon-to-be-delivered semisubmersible Transocean Norge vessel.
In case you haven't noticed or have been otherwise living under a rock, big things are happening with the marijuana industry. In less than four weeks, roughly nine decades of Canadian recreational marijuana prohibition will be wiped away as it becomes the first industrialized country in the world to legalize adult-use weed. This is what's been behind the astronomical rally in pot stocks in recent years.
Cracker Barrel (NASDAQ: CBRL) has a customer traffic problem. The decline caught management by surprise and contributed to a weak operating outlook for the new fiscal year, with Cracker Barrel projecting revenue at existing locations to be roughly flat in 2019. The recovery plan also threatens to lower Cracker Barrel's earnings power at least through the upcoming fiscal year.
Microsoft Corp. this week paid nearly $73 million for about 332 acres in Leesburg, providing yet another boost to Loudoun County’s status as a hub for the world’s largest tech companies. The sale between Microsoft (NASDAQ: MSFT) and Leesburg Commercial LLC, according to public records, covers much of Compass Creek, a planned commercial development of the Peterson Cos. that borders Loudoun and the town of Leesburg.
The stock market is barely in the green today, up the smallest fraction of a percent -- except for one stock in particular. With the trading day barely begun as of this writing, shares of AT&T (NYSE: T) are up nearly 2% already, helped by a bullish analyst note out of Swiss megabanker UBS. According to UBS, you see, AT&T stock is "trading for all-time low valuations" right now, and it's a buy.
Apple hit that milestone in August, and then Amazon did in early September. The winner is Amazon. According to CNBC calculations, a $1,000 investment in Amazon in September 2008 would be worth more than $23,890 as of Friday morning, or more than 22 times as much, including price appreciation and dividends reinvested.
Shares of New Age Beverages Corp. (NASDAQ: NBEV) were falling today in a correction following the stock's jump yesterday on news that it would launch a new lineup of cannabidiol-infused beverages. New Age shares actually continued to gain this morning, peaking shortly after the market opened at $9.99, but then gave up gains along with much of the cannabis sector, and were trading down 18.6% as of 2:50 p.m. EDT, or down more than a third from their peak earlier in the trading session. The stock has soared 300% over the last week on extraordinarily high volume as rumors broke about the CBD drink launch and also that Coca-Cola might make a bid for the company.
GE said the oxidation, which weakens metal turbines blades, also could affect no more than 75 of its 9FB turbines, in addition to some 51 HA-Class turbines that it warned earlier may have the problem. GE said that the 9FB "comprises less than 1 percent of the company’s global gas turbine fleet" of 7,500 turbines installed worldwide. The 9FB is part of a prior generation of turbines, known as the F-Class, in which GE holds a market share lead over rivals Siemens AG and Mitsubishi Hitachi Power Systems .
With the previous presidential administration’s frankness on the matter, marijuana has become more blasé. Naturally, marijuana stocks have also increased in popularity, where we have more choices today than was previously thought possible. For instance, some of the top marijuana stocks are levered toward medical cannabis.
Finding an attractive dividend stock in the technology sector isn't difficult, despite the notion that tech companies are miserly when it comes to showering some love on shareholders. After all, dividend titans such as Intel, Seagate Technology, Qualcomm, and Cisco have a handsome payout that exceeds the sector's average yield of just 1.1% by a wide margin. Let's take a look at two tech names -- Skyworks Solutions (NASDAQ: SWKS) and Maxim Integrated Products (NASDAQ: MXIM) -- that already pay a solid dividend, but also possess the potential of increasing their payout consistently in the future.
Four senators who voted to put Clarence Thomas on the Supreme Court remain in office, and one of them is now leading the committee overseeing the confirmation hearings of Brett Kavanaugh. As Trump’s nominee faces an allegation of sexual assault as a teenager, comparisons have been made to sexual harassment allegations made by attorney Anita Hill against Thomas in 1991. Almost every Republican Senate seat has turned over since then, except the four senators: Chuck Grassley, Orrin Hatch, Mitch McConnell and Richard Shelby.
A Denver law firm has agreed to pay a woman $30,000 to settle a discrimination lawsuit after she was fired for being pregnant, the U.S. Equal Employment Opportunity Commission announced Thursday. JENNIFER RODRIGUEZ: We no Those are the jarring words told to Jennifer Rodriguez, who says she was fired because she was pregnant. JENNIFER RODRIGUEZ: Just devastated.
Holly Energy Partners LP (NYSE: HEP) appears to be an appealing option for income seekers. The company has a tight distribution coverage ratio and elevated leverage compared to its peers, and doesn't have much visible growth on the horizon. Because of those factors, income investors might want to forget about Holly Energy Partners and consider Antero Midstream Partners (NYSE: AM) or Noble Midstream Partners (NYSE: NBLX) instead, since they have stronger financial profiles and much more visible growth.
Robotic surgery is upending the healthcare industry as we know it and Medtronic (NYSE: MDT) wants in on the action. The medical-device titan announced that it is shelling out $1.6 billion to acquire Mazor Robotics (NASDAQ: MZOR). Mazor Robotics has been following in the footsteps of robotic-surgery granddaddy Intuitive Surgical (NASDAQ: ISRG) for years.
The 11 pointers I recently gave to investors to carefully make money in marijuana stocks have generated a lot of interest. In some ways, Denver-based New Age Beverages is the new Tilray. Tilray has been the most explosive marijuana stock.
A look at the shareholders of Freeport-McMoRan Inc (NYSE:FCX) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly owned tend to have lower insider ownership.
It's not even Facebook, although the typical worker at the Menlo Park social media giant takes home a whopping $240,430 annual salary. It's Splunk Inc. — the fast-growing data-processing software firm that's doubling its Bay Area footprint and recently leased an entire new office building at San Jose’s Santana Row project. The median worker at Splunk (NASDAQ: SPLK) makes a $256,370 per year, according to its public company filings with the U.S. Securities and Exchange Commission.
When chip giant Intel (NASDAQ: INTC) reported its earnings results on July 26, the company raised full-year revenue guidance for the second time this year, from $67.5 billion to $69.5 billion. During the conference call that accompanied the earnings release
Shares are now down roughly 40% from that all-time high and have been bouncing around the $28 range over the last month as the market attempts to shake out what's next for the Chinese video company. With some of the post-IPO shine appearing to have worn off and bears weighing in with concerns about the company's rapidly expanding operating costs and tough competition from Tencent Holdings and Alibaba, it's not unreasonable to be skeptical about iQiyi. Chinese tech stocks have seen their valuations cut down in light of heightened trade tensions between the U.S. and China, and iQiyi has been among those affected.