Energy Transfer LP: “It’s got a nice yield. I do like the pipeline companies very much. ET’s a win.”
Tellurian Inc: “I believe that it is a call option on natural gas.”
Cramer’s lightning round: Northern Oil and Gas is not a buy
Business
Walmart CEO Doug McMillon to retire in January after nearly 12 years leading retailer
Walmart CEO Doug McMillon is retiring early next year, the company said Friday in a filing. The longtime CEO will be succeeded by John Furner, the Walmart U.S. CEO, on Feb. 1, according to the filing. McMillon, who stepped into the top role at Walmart in February 2014, will officially retire as of Jan. 31. […]
Read More
Business
D.R. Horton is tapping a startup’s AI zoning tool to build more homes
D.R. Horton signage stands in front of homes under construction at the Eastridge Woods development in Cottage Grove, Minnesota. Daniel Acker | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from […]
Read More
Business
Sotheby’s CEO sees ‘very strong demand’ ahead of $1.4 billion art auctions
The fall auction sales in New York next week are expected to top $1.4 billion, marking a 50% increase from last year and a potential rebound for the art market after three years of declines, according to art experts. A star-studded lineup of famous trophy works — from a $150 million Gustav Klimt portrait to […]
Read More