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Twitter purge hits Kardashians

As Twitter purged itself of fake accounts yesterday, in an effort to gain trust in its platform, you know blowback would be coming. Social media queens- 'The Kardashians' - took a hit.

  • CNBC’s Jim Cramer says stock market is in ‘a very serious correction’ — and there’s nowhere to hide
    News
    MarketWatch

    CNBC’s Jim Cramer says stock market is in ‘a very serious correction’ — and there’s nowhere to hide

    Jim Cramer, CNBC’s “Mad Money” host and a prominent fixture among market commentators, on Monday said the market is enduring “a very serious correction,” underscored by the fact that there are few fundamental reasons for the market’s current downtrend. During CNBC’s “Halftime Report,” Cramer said notable is a slump in shares of so-called FANG names — the highflying quartet of Facebook Inc. (FB) Amazon.com Inc. (AMZN) Netflix Inc. (NFLX)and Google parent Alphabet Inc. (GOOGL)(GOOG) that are among the most influential on Wall Street due to their massive market values and the degree by which investors have piled into those investments for hope of consistent growth. All of those companies are in a corrective phase, defined as a drop of at least 10% from a recent peak, and Netflix and Facebook shares have shed around a third of their values since hitting 52-week peaks.

  • Should Lumber Liquidators Holdings Inc (NYSE:LL) Focus On Improving This Fundamental Metric?
    Finance
    Simply Wall St.

    Should Lumber Liquidators Holdings Inc (NYSE:LL) Focus On Improving This Fundamental Metric?

    This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we’ll use ROE to better understand Lumber Liquidators Holdings Inc (NYSE:LL). Our data shows Lumber Liquidators Holdings has a return on equity of 2.7% for the last year.

  • Hedge Funds Are Finally Buying Apple Inc. (AAPL) Again After A Year of Selling
    Finance
    Insider Monkey

    Hedge Funds Are Finally Buying Apple Inc. (AAPL) Again After A Year of Selling

    The NASDAQ and Russell 2000 indices are already in correction territory. More importantly, the Russell 2000 ETF (IWM) underperformed the larger S&P 500 ETF (SPY) by about 4 percentage points in October. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their portfolios in smaller cap stocks.

  • Alexandria Ocasio-Cortez, the youngest woman ever elected to Congress, is down to less than $7,000 in savings
    News
    CNBC

    Alexandria Ocasio-Cortez, the youngest woman ever elected to Congress, is down to less than $7,000 in savings

    Alexandria Ocasio-Cortez, a 29-year-old Democrat who will represent the 14th Congressional District of New York, is the youngest woman ever elected to Congress and until recently worked in food service. The family sold its house in Yorktown in 2016 for $355,000 .

  • Four Ways GE’s Crisis Could Play Out
    Business
    Bloomberg

    Four Ways GE’s Crisis Could Play Out

    The dramatic decline has left investors wondering about the worst-case scenario for the industrial icon. As new Chief Executive Officer Larry Culp tries his hand at a turnaround, the possibilities span everything from a prolonged fight for survival to a swift journey to the junkyard. Revenue growth and profit margins might suffer, but GE would have a shot at regaining a higher credit rating and reflating its dividend, winning back investors.

  • Report: Southwest swapped out flight-control sensors like those alleged in Indonesian crash
    Finance
    American City Business Journals

    Report: Southwest swapped out flight-control sensors like those alleged in Indonesian crash

    In the weeks before a Lion Air flight crashed off the coast of Indonesia, Southwest Airlines replaced two of the same type of sensors that have been alleged in the accident. Information about swapping the malfunctioning sensors was found in a review of Southwest (NYSE: LUV) maintenance records by the Wall Street Journal. The Journal reported that the sensors involved the Boeing 737 MAX 8 aircraft, the same plane that crashed in Indonesia.

  • Why PG&E Stock Just Rebounded 35%
    Business
    Motley Fool

    Why PG&E Stock Just Rebounded 35%

    With the risk of PG&E Corporation (NYSE: PCG) incurring catastrophic losses from its (presumed) role in California's "Camp Fire" wildfire growing by the day, the company received a rare bit of good news today. PG&E faces many billions of dollars worth of potential liability from the still-raging and uncontained Camp Fire wildfire -- on top of billions more in potential liability from other wildfires it may have played a part in creating in 2017.

  • 3 Dividend Stocks Ideal for Retirees
    Business
    Motley Fool

    3 Dividend Stocks Ideal for Retirees

    Retirees are looking for safety and a reliable income stream from their investments. On that note, keep reading to see why our contributors recommend Pfizer (NYSE: PFE), Realty Income (NYSE: O), and AT&T (NYSE: T). George Budwell (Pfizer): If you're looking for a fairly safe income play in your retirement years, big-pharma giant Pfizer should definitely be on your radar.

  • Cramer: Nvidia got it so wrong no one will trust CEO for ...
    Business
    CNBC Videos

    Cramer: Nvidia got it so wrong no one will trust CEO for ...

    CNBC's Jim Cramer discusses Nvidia's performance as chip stocks get slammed.

  • Why Aurora Cannabis Bounced Back Today
    Business
    Motley Fool

    Why Aurora Cannabis Bounced Back Today

    Shares of Aurora Cannabis (NYSE: ACB) were 8.4% higher as of 3:14 p.m. EST Thursday after gaining over 10% earlier in the day. The rebound largely offset the marijuana stock's decline experienced on Wednesday. Aurora's only news was its announcement yesterday about the appointment of Dr. Jonathan Page as the company's chief science officer.

  • Warren Buffett Continues to Avoid Ford, Adds More GM Shares
    Finance
    Market Realist

    Warren Buffett Continues to Avoid Ford, Adds More GM Shares

    On November 14, Warren Buffett’s Berkshire Hathaway revealed in its 13F filings that the company added more General Motors (GM) shares to its portfolio. In the third quarter, Berkshire Hathaway bought ~1.06 million shares of the largest US automaker (XLY) after adding ~1.4 million shares in the second quarter. Berkshire Hathaway’s total stake reached 52.46 million shares in the third quarter—compared to 51.39 million shares in the second quarter.

  • The 9 Best Stocks to Buy for the Next Decade
    Finance
    InvestorPlace

    The 9 Best Stocks to Buy for the Next Decade

    A few years ago, InvestorPlace contributor Dan Burrows highlighted the 10 best-performing S&P 500 stocks of the past decade. A classic example of how true this is involves the Fidelity Magellan Fund (MUTF:FMAGX), the large mutual fund made famous by portfolio manager Peter Lynch. Fidelity studied the returns of Fidelity Magellan unitholders over those 13 years to see how they compared to the legendary portfolio manager.

  • Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’
    News
    MarketWatch

    Hedge-fund boss who predicted ‘87 crash says get ready for some ‘really scary moments’

    ‘From a markets perspective, it’s going to be interesting. Paul Tudor Jones, a hedge-fund luminary, said he’s stress-testing his portfolio of corporate debt because he expects a tumultuous road ahead on the back of the Federal Reserve’s apparent commitment to normalizing interest rates and buttressed by corporate tax cuts from the Trump administration. Speaking at an economic forum in Greenwich, Conn., a hotbed for hedge funds, Jones said the Fed faces real challenges amid “the end of a 10-year run” of economic growth that many anticipate will soon come to a screeching, cyclical end.

  • Google Cloud CEO Diane Greene to Leave; Kurian Steps In
    Business
    Bloomberg

    Google Cloud CEO Diane Greene to Leave; Kurian Steps In

    Greene, 63, will remain CEO through January, working with Kurian, who will join the Alphabet Inc. unit Nov. 26. Greene said in a blog post that she will stay as an Alphabet board member. During her tenure in charge of one of the internet giant’s central units, Greene rapidly expanded the business, hiring a major new salesforce and investing hundreds of millions of dollars in data centers and undersea cables.

  • Facebook investors call on Mark Zuckerberg to resign as chairman following damaging report 
    Business
    The Telegraph

    Facebook investors call on Mark Zuckerberg to resign as chairman following damaging report 

    Facebook investors have called on the company’s chief executive Mark Zuckerberg to step down as chairman, following reports that the company hired a public relations firm to smear its critics by drawing links to George Soros. Jonas Kron, a senior vice president at Trillium Asset Management, a US investor which owns an £8.5m stake in Facebook, last night called on Mr Zuckerberg to step down as board chairman in the wake of the report.

  • AT&T: Wall Street Recommendations and Price Targets
    Finance
    Market Realist

    AT&T: Wall Street Recommendations and Price Targets

    The Latest from AT&T: Outlook, Deleveraging Plan, and 5G (Continued from Prior Part) Analysts on AT&T stock According to data compiled by Reuters as of November 13, 53% of the 32 analysts covering AT&T (T) stock have given it a “hold” rating. Only 38

  • Why Edison International Stock Is Surging Today
    Finance
    Motley Fool

    Why Edison International Stock Is Surging Today

    Shares of Edison International (NYSE: EIX) rebounded more than 12% by 10:30 a.m. EST on Friday after the utility provided an update on its restoration efforts following the Woolsey and Hill wildfires in Southern California. Southern California Edison (SCE), which is a subsidiary of Edison International, updated the market on the company's efforts to restore power to the communities impacted by fires in Southern California. SCE noted that it had restored power to 39,094 of the customers that lost it due to the wildfires, which was 86% of the total.

  • Cramer says CEOs are telling him off the record the econo...
    Business
    CNBC Videos

    Cramer says CEOs are telling him off the record the econo...

    Jim Cramer says the chairman of the Federal Reserve is at a critical juncture that will determine the trajectory of the U.S. economy in 2019.

  • CNN's Acosta back at White House after judge's ruling
    Politics
    Associated Press

    CNN's Acosta back at White House after judge's ruling

    A federal judge ordered the Trump administration on Friday to immediately return the White House press credentials of CNN reporter Jim Acosta, though a lawsuit over the credentials' revocation is continuing. U.S. District Court Judge Timothy Kelly, an appointee of President Donald Trump, announced his decision at a hearing Friday morning. The judge said Acosta's credentials must be reactivated to allow him access to the White House complex for press briefings and other events.

  • The Procter & Gamble Company (NYSE:PG): The Yield That Matters The Most
    Finance
    Simply Wall St.

    The Procter & Gamble Company (NYSE:PG): The Yield That Matters The Most

    What is left after investment, determines the value of the stock since this cash flow technically belongs to investors of the company. Today we will examine PG’s ability to generate cash flows, as well as the level of capital expenditure it is expected to incur over the next couple of years, which will result in how much money goes to you. What is Procter & Gamble’s cash yield?

  • Warren Buffett Just Sold 19 Million Shares of This Oil Giant: Here's the Big Takeaway
    Business
    Motley Fool

    Warren Buffett Just Sold 19 Million Shares of This Oil Giant: Here's the Big Takeaway

    No company's 13-F filing gets more scrutiny than that of Berkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A). This quarter, Berkshire continued to sell shares of Phillips 66 (NYSE: PSX), the refining, midstream, and petrochemicals giant. After selling about $1.4 billion in shares last quarter, Berkshire has cut its stake in Phillips 66 by more than 80% in less than a year.

  • NVIDIA Corporation (NVDA) vs. Netflix Inc (NFLX): Here is What Hedge Funds Think
    Finance
    Insider Monkey

    NVIDIA Corporation (NVDA) vs. Netflix Inc (NFLX): Here is What Hedge Funds Think

    NVIDIA Corporation (NASDAQ:NVDA) shareholders have witnessed a decrease in hedge fund sentiment during third quarter. Some hedge fund managers might have sensed the looming demand declines and bolted out. Today, NVIDIA shares plunged more than 19%.

  • Former Halliburton CFO draws $1.4 million severance payment
    Finance
    American City Business Journals

    Former Halliburton CFO draws $1.4 million severance payment

    The former CFO of Halliburton Co. (NYSE: HAL), Chris Weber, will draw severance from the company in exchange for a number of limitations, from a non-compete and non-solicitation clause to an agreement on what he can say publicly about the company going forward.  Halliburton will pay Weber a one-time $1.4 million severance payment, and his restricted stocks awarded under the company’s stock and incentive plan will vest, according to a filing with the U.S. Securities and Exchange Commission. Weber had $3.16 million in unvested shares at the start of the year, according to Halliburton’s most recent proxy statement. Halliburton will also pay Weber $15,000 in lieu of outplacement or financial planning services, according to the SEC filing.

  • Top Stocks Warren Buffett Just Bought
    Business
    Motley Fool

    Top Stocks Warren Buffett Just Bought

    Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) owns a lot of businesses outright, including homebuilders, railroads, and insurers, but it also manages a massive $200 billion stock portfolio that every investor ought to be paying attention

  • Which Marijuana Stock Won Earnings Week -- Aurora Cannabis, Canopy Growth, Cronos Group, or Tilray?
    Business
    Motley Fool

    Which Marijuana Stock Won Earnings Week -- Aurora Cannabis, Canopy Growth, Cronos Group, or Tilray?

    For several leading Canadian marijuana growers, this was a big week. Four of the biggest players in the Canadian cannabis industry reported their quarterly results: Aurora Cannabis (NYSE: ACB), Canopy Growth (NYSE: CGC), Cronos Group (NASDAQ: CRON), and