Business
Cramer’s lightning round: I like Costco over Big Lots
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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AGCO CEO says he expects grain shortage to last into next year
Global grain shortages will likely last through the end of this year and into next year, AGCO Corp CEO Eric Hansotia told CNBC’s Jim Cramer on Monday. “There’s just not enough grain in the world, and there won’t be for the rest of this year and probably even into next year. We have to have […]
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Cramer’s week ahead: Jobs report on Friday will make or break July’s rally
CNBC’s Jim Cramer on Monday said the most important data this week is the Bureau of Labor Statistics release of the July nonfarm payrolls report on Friday morning. “If it shows some job growth with no wage inflation, then the fabulous July rally can stand. But if it shows booming hiring with exceptionally large wage […]
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Family Dollar hit with $1.2 million in OSHA fines for violations at 2 Ohio stores
A vehicle drives through the parking lot outside a Family Dollar Stores Inc. store in Chicago, Illinois, on Tuesday, March 3, 2020. Daniel Acker | Bloomberg | Getty Images Federal regulators have fined Family Dollar more than $1.2 million in penalties related to safety violations at two Ohio stores, the Department of Labor’s Occupational Safety […]
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Ford stock notches its best month since the Great Recession – and keeps rising
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the automaker this year. Shares of the Detroit automaker closed Monday at $15.34, up 4.4%. The gains added to the stock increasing by 31.9% in July […]
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Here are JPMorgan’s favorite stock picks for August
JPMorgan added three new names to its top stocks list for August, including a biotechnology company and a stainless steel manufacturer. The investment firm named Akero, Carpenter Technology and Alabama-based Regions Financial to its focus list, according to a Monday note. Analysts submit their best ideas for near term-, growth-, value- and short investment strategies. […]
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Stocks making the biggest moves midday: PerkinElmer, Boeing, Global Payments, Bumble and more
Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar | Reuters Check out the companies making headlines in midday trading Monday. Boeing — Shares of the […]
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PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company. Shares of Celsius rose 8% in morning trading on the news, bringing its market value to $6.7 billion. Celsius is expecting to gain more shelf […]
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A decline in paying subscribers could hurt Bumble shares, Jefferies says in downgrade
Investors should keep an eye on the number paying subscribers for Bumble , according to Jefferies. Analyst Brent Thill downgraded shares of Bumble to hold from buy, expecting dwindling revenue growth, among other challenges, for the online dating company. “While our 3P data checks show an acceleration in Q2 rev and downloads for the Bumble […]
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Palo Alto Networks can surge 40% as it expands its next-gen security business, Wolfe Research says
Palo Alto Networks could see roughly 40% upside from here, as the network security company builds out its suite of next-generation products, according to Wolfe Research. Analyst Joshua Tilton initiated coverage on Palo Alto Networks with an outperform rating, saying investors should take a closer look at the rapidly growing next generation security (NGS) portfolio. […]
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