Month: December 2017

A Democratic congressional candidate outside Philadelphia calls the Republican tax overhaul a “cynical bill” that will redistribute wealth upward. One of her counterparts in California dismisses estimates of tax savings for most U.S. households and says the legislation is “just putting money in the pocket of the wealthy.” And in Kansas, a Democratic candidate for
0 Comments
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of PepsiCo. Tim Seymour was a buyer of Western Digital. Rich Ross was a buyer of United Rentals. Dan Nathan was a buyer of Broadcom. Trader disclosure: On December 27, 2017, the following stocks and commodities mentioned or
0 Comments
Check out which companies are making headlines before the bell: Apple — Chief Executive Officer Tim Cook‘s total compensation for fiscal year 2017 jumped by 47 percent to $12.8 million. Other top executives also got sizable raises for the fiscal year ending in September, as the company surpassed annual sales and profit goals. Amazon.com –
0 Comments
After the African nation dealt with around four decades of Mugabe’s rule, Mnangagwa told the public that Zimbabwe was entering a new stage of democracy. With the new leader promising to boost the economy by tackling unemployment and poverty, people worldwide will be paying close attention to Mnangagwa’s actions in 2018, to see how he
0 Comments
Banks are starting to headhunt actively again after years being fairly passive following the global financial crisis, a prominent recruiter said on Thursday. This time however, their focus will be on digital and fintech staff, said Declan O’Sullivan, managing director of search firm Kerry Consulting. The rising influence of digital and banking-specific technology — so-called
0 Comments
But others say Crown Prince Mohammed’s spending habits and his corruption crackdown are separate issues, and those who conflate them might fuel misconceptions about public opinion Saudi Arabia. Crown Prince Mohammed is trying to rein in widespread corruption, not discretionary spending by the future king, said Bernard Haykel, professor of Near Eastern studies at Princeton
0 Comments
Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange on January 31, 2014 in New York City. Check out the companies making headlines after the bell: Digirad stock shot up close to 18 percent in the extended session. The health-care imaging company announced it
0 Comments
Amazon‘s search for a second headquarters outside Seattle is just the beginning of a tech exodus from expensive coastal cities to cheaper inland locations, Redfin CEO Glenn Kelman said Wednesday. “Silicon Valley is going to leave Silicon Valley — that’s already happened,” Kelman told CNBC’s “Power Lunch.” “The technology companies, the Wall Street companies, they’re
0 Comments
Amazon’s robust holiday sales bode well for a fourth-quarter beat and show the e-commerce giant’s “significant momentum” heading into 2018, according to one Wall Street firm. GBH Insights reiterated its “highly attractive” rating for Amazon shares, citing the growing success of the company’s Prime membership platform. “Our surveys continue to indicate that Prime membership remains
0 Comments