Day: March 17, 2022
Wall Street banks love these under-the-radar stocks they say can beat the market
Bank of America and Citi have identified dozens of under-the-radar U.S. and global stocks they say could outperform the market. Source
Read More
Cramer’s lightning round: Ralph Lauren is a better stock than Canada Goose
Sturm Ruger & Company Inc: “I am a hunter, but I don’t usually recommend gun stocks, just because I don’t think it’s right to. … It’s a tough call for me.” Carnival Corp: “If I have to buy one, I’ll do [Norwegian Cruise Lines], because I think that [chief executive] Frank Del Rio has done […]
Read More
American Airlines will resume alcohol sales on flights starting April 18
An American Airlines flight attendant serves drinks to passengers after departing from Dallas/Fort Worth International Airport in Texas. Robert Alexander | Archive Photos | Getty Images American Airlines said Thursday it will resume sales of alcoholic beverages on domestic and short-haul international flights next month, a plan it delayed almost a year ago because of […]
Read More
Keep trusting money-making companies through market turbulence, Cramer says
Investors need to keep their eyes on the prize by choosing companies with tangible results and tuning out the outside noise, CNBC’s Jim Cramer said Thursday. “Stay out of the crosshairs of the young, money-losing stocks — many of which should never have come public and came way too early — and instead just find […]
Read More
Nickel falls 8% to hit limit down in chaotic trade on London Metal Exchange
LONDON — The benchmark three-month nickel contract fell 8% on Thursday morning to hit its new trading limit, as heavy selling continued in metal markets. The price hit $41,945 a metric ton as it opened for trade, according to Refinitiv data. Nickel prices more than doubled in a matter of hours on March 8, climbing above $100,000 […]
Read More
Kay Jewelers parent Signet expects to keep taking market share, investing in growth, says CEO
Signet Jewelers expects to further expand its market share in the coming years, CEO Gina Drosos told CNBC on Thursday, contending the company’s successful transformation has made those ambitions realistic. “What I think is very exciting is we now have the financial fitness to invest in our business consistent and to drive share gains over time,” […]
Read More
Courtney Garcia’s top picks: Delta Airlines, Expedia
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Courtney Garcia, head of market risk at Apollo Global Management, joins ‘Closing Bell’ discusses her top stock picks as the travel demand increases. Source
Read More
Why U.S. bridges are in such bad shape
America’s bridges are in rough shape. More than a third of the nation’s bridges are in need of repair, and over 43,000 are in poor condition and classified as “structurally deficient,” according to the American Road & Transportation Builders Association. A structurally deficient bridge is one that requires significant maintenance to remain in service. It […]
Read More
Stock futures fall slightly as S&P 500 tries to notch its best week since November 2020
Stock futures dipped in overnight trading Thursday after a three-day rally for the S&P 500 as the equity benchmark is poised to post its biggest weekly gain in more than a year. Futures on the Dow Jones Industrial Average fell 120 points. S&P 500 futures were down 0.4% and Nasdaq 100 futures traded 0.3% lower. […]
Read More
Disney creative leaders express frustration to CEO Chapek over ‘Don’t Say Gay’ bill response
Bob Chapek, Disney CEO at the Boston College Chief Executives Club, November 15, 2021. Charles Krupa | AP Senior leaders across Disney’s creative studios have expressed their frustration to CEO Bob Chapek about his handling of the “Don’t Say Gay” bill in Florida, people familiar with the matter told CNBC. Chapek met with senior leadership […]
Read More