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Frank Gore, Hurricanes legend, goes back to Miami to play with the Dolphins

Frank Gore, a standout at the University of Miami, is joining the Miami Dolphins on a one-year deal according to multiple reports.

  • Business
    Bloomberg

    Friday Is Going to Be a Huge Day for Stock Traders

    Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” -- when futures and options on indexes and individual stocks expire.

  • The Canadian cannabis producer that was in talks with Coca-Cola to make a CBD-infused drink is reportedly targeting a US IPO in October
    Business
    Business Insider

    The Canadian cannabis producer that was in talks with Coca-Cola to make a CBD-infused drink is reportedly targeting a US IPO in October

    Aurora Cannabis is planning for a US initial public offering in October, the company's chief corporate officer said. The Canadian cannabis producer was reportedly in talks with Coca-Cola to make a CBD-infused drink. Marijuana stocks have been red-hot as of late.

  • Micron Poised to Report Great Results, but the Outlook Matters More
    Business
    Motley Fool

    Micron Poised to Report Great Results, but the Outlook Matters More

    Memory chip manufacturer Micron Technology (NASDAQ: MU) will report its fiscal fourth-quarter results today after the market closes. The stock has been hammered in recent months as concerns about memory oversupply began to proliferate. The company should

  • We’re Sexual Misconduct Law Experts. The Senate’s Brett Kavanaugh Investigation Is a Hot Mess
    Politics
    Fortune

    We’re Sexual Misconduct Law Experts. The Senate’s Brett Kavanaugh Investigation Is a Hot Mess

    The Senate Judiciary Committee’s position that the committee itself should vet Christine Blasey Ford’s report of past sexual assault by Supreme Court nominee Brett Kavanaugh is a straight-up boondoggle. Ford’s insistence on a thorough fact-finding process by an impartial body is spot-on. In fact, the committee’s proposed investigative process demonstrates with jaw-dropping clarity that it does not genuinely believe that preventing sexual misconduct is a real goal worth fighting for.

  • Four General Electric power turbines shut down in U.S. due to blade issue
    Business
    Reuters

    Four General Electric power turbines shut down in U.S. due to blade issue

    "This issue, if not quickly resolved, could hurt GE's turbine brand image and market share," Jim Corridore, an analyst at CFRA, said in a note, cutting his price target to $14 from $15. GE stock was down 3 percent at $12.49 on the New York Stock Exchange. The problem was first discovered on turbine blades in a natural gas-fueled turbine operated by Exelon Corp (EXC.N) in Texas a few weeks ago, GE told Reuters.

  • Red Hat stock dips after latest earnings report
    Business
    American City Business Journals

    Red Hat stock dips after latest earnings report

    Red Hat stock dropped about 6 percent Thursday, the day after the firm reported a revenue miss and its executives lowered their guidance for the year amid a weakening dollar. “We are lowering the full-year revenue range by approximately $15 million to account solely for the change in FX rates,” CFO Eric Shander told analysts on an earnings call Wednesday, noting a weaker dollar meant a $3 million headwind in the quarter. “But at this point, I wouldn’t say I’ve seen that ripple all the way through into spending, so it still feels pretty good.” Numbers-wise, deals were a big part of the Red Hat story in the second quarter – as Red Hat reported 73 transactions worth more than $1 million, up 11 percent from the previous year.

  • SQM vs. Albemarle vs. FMC Corp.: Which Had the Best Lithium Results in Q2?
    Business
    Motley Fool

    SQM vs. Albemarle vs. FMC Corp.: Which Had the Best Lithium Results in Q2?

    First, keep in mind these caveats: None of these companies are lithium pure plays, so their results will depend on how all their businesses perform, and qualitative factors are often just as important as quantitative ones. As background, lithium stocks were hot in 2016 and 2017 due to soaring demand for the metal to make batteries for electric vehicles, though they're struggling this year.

  • Weed Stock Tilray Gains 94% Then Loses It All in Minutes
    Business
    Bloomberg Video

    Weed Stock Tilray Gains 94% Then Loses It All in Minutes

    Sep.19 -- For U.S. marijuana company Tilray, it was double - then nothing. The stock rocketed 94% on CEO Brendan Kennedy's comments, only to see all that gain go up in smoke less than an hour later. Ramy Inocencio explains the highs, lows and last-minute 40% rebound on "Bloomberg Daybreak: Asia."

  • Will Amazon's New Sub Sink Sonos?
    Business
    Motley Fool

    Will Amazon's New Sub Sink Sonos?

    Amazon.com (NASDAQ: AMZN) appears to be beefing up the sonic experience of its Echo line of digital assistants and smart speakers, giving Sonos (NASDAQ: SONO) and its investors something else to worry about. The new Echo Sub can be wirelessly paired up with one or two Echo devices to enhance the audio quality of streams with a deep bass sound. Echo Sub is priced at 75 Great British Pounds, translating to a price point of less than $100.

  • A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis' (RIV)
    Business
    Business Insider

    A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis' (RIV)

    Canopy Rivers, the venture-capital arm of Canopy Growth, made its debut on the Toronto Stock Exchange Thursday morning at $18.44 per share. The company, which makes minority investments in burgeoning marijuana companies, in an attempt to become the "Google Ventures of cannabis," found its way onto the exchange via a reverse takeover with a company formerly known as AIM2 Ventures.

  • Merck or Pfizer: Which is the Better Large-Cap Pharma Stock?
    Business
    Zacks

    Merck or Pfizer: Which is the Better Large-Cap Pharma Stock?

    Within this broader sector, one of the better performing industries is Large-Cap Pharmaceuticals, which includes some of the world’s largest and most recognizable drug making companies. In this sector, Merck MRK and Pfizer PFE are two of the biggest names. Pfizer boasts a strong presence in oncology with key marketed drugs being Ibrance (breast cancer), Sutent (kidney cancer), Xalkori (lung cancer) and Xtandi (prostate cancer).

  • 2 Women Drown While Chained in Flooded Police Van During Hurricane Florence
    Finance
    Fortune

    2 Women Drown While Chained in Flooded Police Van During Hurricane Florence

    Two sheriff deputies left two women to drown in the back of a police transport van in South Carolina on Tuesday when the van was overcome by flood waters from Hurricane Florence, a local ABC affiliate, WPDE reported. The two women were described in news reports as “mental health patients” at Loris Hospital and Waccamaw Center for Mental Health in Horry County, and were on medical transport. The women, who have been identified as 45-year-old Windy Newton, and 43-year-old Nicolette Green, were being transported to McLeod Health, a nearby medical facility.

  • Why the Bears Are Wrong About iQiyi Stock
    Business
    Motley Fool

    Why the Bears Are Wrong About iQiyi Stock

    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.

  • This fast-growing Bay Area tech company pays its typical worker more than $256,000 – and it's not Facebook, Google or Intel
    Business
    American City Business Journals

    This fast-growing Bay Area tech company pays its typical worker more than $256,000 – and it's not Facebook, Google or Intel

    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.

  • Looking at Apple’s Share Repurchase Activity
    Business
    Market Realist

    Looking at Apple’s Share Repurchase Activity

    Tech Giants That Reward Investors: QCOM, MSFT, AAPL, and More (Continued from Prior Part) Apple returns value to its shareholders Apple (AAPL) has been consistently returning value to its shareholders and is the only stock among the so-called FAANG stocks

  • Trump Is Winning His Trade War With China. Here's Why That Might Not Last
    Business
    Fortune

    Trump Is Winning His Trade War With China. Here's Why That Might Not Last

    President Donald Trump may find it harder to claim victory over China the longer his trade war runs, even as he points to America’s ebullient economy and stock market as evidence he’s winning for now. The president this week ordered his officials to slap tariffs on $200 billion in Chinese goods on Sept. 24. In confronting China, Trump is using the same strong-arm tactics he employed as a real-estate mogul, taking care to snuff out any suggestion he’s under pressure to strike a deal.

  • Cramer on Nvidia: If things are priced for perfection, th...
    Business
    CNBC Videos

    Cramer on Nvidia: If things are priced for perfection, th...

    CNBC's 'Squawk on the Street' team discusses Morgan Stanley downgrading the gaming card stock.

  • Finance
    Zacks

    Why Is Nvidia (NVDA) Stock Down Today?

    Shares of Nvidia NVDA were down more than 2% shortly after the open Thursday as investors reacted to a fresh research note from Morgan Stanley that raised questions about performance in the company’s gaming division. “As review embargos broke for the new gaming products, performance improvements in older games is not the leap we had initially hoped for,” the analyst wrote. Ultimately, Moore concluded that he and his team “still like the stock.” Morgan Stanley has an overweight rating and a $273 price target for Nvidia.

  • US home sales were flat in August
    Business
    Associated Press

    US home sales were flat in August

    U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market. The National Association of Realtors said Thursday that homes sold last month at a seasonally adjusted annual pace of 5.34 million. Existing home sales have fallen 1.5 percent during the past 12 months.

  • Lynn Pinker files trade secrets lawsuit against Boeing
    Business
    American City Business Journals

    Lynn Pinker files trade secrets lawsuit against Boeing

    The Boeing Company and its subsidiary Boeing Capital Corp. were served last Tuesday with a lawsuit that alleges the aircraft manufacturing giant stole trade secrets from an insurance company that had proposed creating a private alternative to the Export-Import Bank, the U.S. government's official credit agency. The lawsuit was filed Sept. 11 in a Chicago federal court by Dallas law firm Lynn Pinker Cox & Hurst on behalf of Virgina-based Xavian Insurance Company. It alleges that Xavian had worked with Boeing since 2007 to create a privately-held guarantor to underwrite aircraft sales to foreign airlines with non-investment grade debt ratings.

  • 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.

  • Pharma Stocks: Allergan’s Revenue Trend and 2018 Estimates
    Business
    Market Realist

    Pharma Stocks: Allergan’s Revenue Trend and 2018 Estimates

    These Pharmaceutical Stocks Have Surpassed the S&P 500 in 2018 (Continued from Prior Part) Allergan’s revenue Allergan (AGN) reported revenue of $4.1 billion in the second quarter, a 2.9% YoY (year-over-year) rise in revenue compared to its revenue of

  • 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.

  • Finance
    CNBC

    The Dow just triggered a chart signal that could mean 'six to nine months of a higher stock market'

    As the Dow rallies to its first new high since January, there are a number of signs technical analysts are watching that could signal a further market breakout ahead, despite the fact that September is usually the worst month for stocks.. One of those signals was a technical confirmation by the Dow Jones Industrials of the move higher in Dow Jones Transport stocks, including airlines and railroads. "I think that should be a Dow theory buy signal ... it means, according to the theory, the economy is supposed to be improving and therefore you have six to nine months of a higher stock market," said Art Cashin, UBS director of floor operations at the NYSE.

  • Take a Look at Valuations before Jumping into Cannabis Stocks
    Business
    Market Realist

    Take a Look at Valuations before Jumping into Cannabis Stocks

    Take a Look at Valuations before Jumping into Cannabis Stocks Cannabis stocks Cannabis stocks (HMMJ) have soared in recent weeks in anticipation of October 17, the date when recreational cannabis sales are slated to begin in Canada. Some of the stocks