Business
3M will spin off its health care business into a new public company
A 3M logo is seen atop a Versaflo TR-300+ powered air purifying respirator hood as Nurse Evan Brost puts on personal protective equipment (PPE) before entering a patient room in a wing housing coronavirus disease (COVID-19) patients at UW Health University Hospital in Madison, Wisconsin, U.S. November 18, 2020. Daniel Acker | Reuters 3M announced […]
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General Motors earnings are out – Here are the numbers
GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan. Photo by John F. Martin for GM General Motors reported its second-quarter earnings before the U.S. markets open on Tuesday. Here are the […]
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Surging temperatures are good for solar panels, right? The answer is: It’s complicated
This image, from May 2022, shows solar panels in Worcestershire, England. The recent hot weather in the U.K. has led to a discussion about the optimum conditions for solar power. Mike Kemp | In Pictures | Getty Images Last week saw temperatures in the U.K. surge, with highs of over 40 degrees Celsius (104 degrees […]
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Cramer’s lightning round: BHP Group is not a buy
Prudential Financial Inc: “The best insurer’s Chubb, and that stock keeps going down. So as far as I’m concerned, we’ve got to stay away from the insurers.” Arbor Realty Trust Inc: “I tend to be against these companies. … Real estate finance is just a dicey business.” BHP Group Ltd: “We do not buy a […]
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NYSE president says the appeal of the public market has ‘never been more alive and well’
Companies are eager to go public but are holding back due to the uncertainty in the market, NYSE President Lynn Martin told CNBC’s Jim Cramer on Monday. “It’s on pause. The reason it’s on pause is because of all the volatility that you see in the market. But you know, the companies that I talk […]
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Federal prosecutors, SEC probing ex-WWE CEO Vince McMahon’s hush payments, report says
WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images The Securities and Exchange Commission and federal prosecutors have launched probes into payments made by World Wrestling Entertainment CEO Vince McMahon to settle allegations of sexual misconduct, according to a new […]
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Jim Cramer’s week ahead: Fed’s actions could lead to market rally with big earnings on deck
CNBC’s Jim Cramer on Monday told investors that the Federal Reserve’s actions this week could lead to a bull market. “If [Fed Chair] Jerome Powell says, ‘we’re getting a 75 basis point rate hike and then we’ll see what happens’ … then you might get a rip-snorting rally,” the “Mad Money” host said. “On the […]
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Stock futures fall after Walmart cuts forecast, says inflation hit consumer spending
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hours. Dow Jones Industrial Average futures fell by 133 points, or 0.4%. S&P 500 and Nasdaq 100 futures declined 0.3% and 0.4%, […]
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Stocks making the biggest moves after hours: Walmart, Target, Whirlpool and more
People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Check out the companies making headlines after hours. Walmart — Shares dropped more than 8% in extended trading Monday after the retailer lowered its quarterly and full-year profit forecast, citing sharply rising food inflation that is hurting consumer spending on general […]
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Stocks making the biggest moves midday: Newmont, World Wrestling Entertainment, Ryanair & more
Ryanair planes are seen at Dublin Airport, following the outbreak of the coronavirus disease (COVID-19), Dublin, Ireland. Jason Cairnduff | Reuters Check out the companies making headlines in midday trading Monday. Newmont — Newmont shares tumbled 13.2% after the mining company reported a disappointing second-quarter profit. The company reported earnings of 46 cents per share, […]
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