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Thursday, June 20, 2019
Janvhi Bhojwani | CNBC Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018.  J.P. Morgan Chase Chairman and CEO Jamie Dimon...
Shares of Facebook could be nearing a trough as Instagram continues to attract advertisers and the company adds to its share buyback program, CNBC's Jim Cramer said Wednesday. "I think Facebook, the stock, is ready to bottom. Maybe it already has. Maybe it can go higher" as more and...
The recent surge in U.S. dealmaking activity is a byproduct of stocks becoming too cheap to ignore in the tail-end of 2018, argues CNBC's Jim Cramer. Speaking after stocks rose Wednesday on strong earnings from a few top banks, Cramer said "stocks got too mutilated" in the months after...
Check out the companies making headlines before the bell: Oracle — Famed value investor Warren Buffett's Berkshire Hathaway reported a 41.4 million share stake of the computing giant as of the end of September, according to a regulatory filing with the Securities and Exchange Commission. Oracle represents one of...
Morgan Stanley CEO James Gorman said Thursday he's worried about the U.S. government shutdown continuing. "I personally feel it's extremely negative if this shutdown goes on much longer," Gorman told CNBC's "Squawk Box" at the World Economic Forum in Davos, Switzerland. "At a human level, you've got 800,000 families...
© Public Domain / Wikimedia Commons In the week ending December 14, 2018, the number of land rigs drilling for oil in the United States totaled 873, a drop of four compared to the previous week and up by 126 compared with a total of 747 a year ago....
When Goldman Sachs talks, investors listen. Goldman analyst Patrick Archambault, who covers Tesla, put out a report with a price target on the stock of $84, a 34 percent discount to the prior day close of $127.26. Archambault had come up with three scenarios for...
Since 2009, Altria's revenue has grown 9 percent, to $25.58 billion from $23.56 billion. But Altria's U.S. cigarette volume has nearly halved — to 116.6 billion units in 2017 from 211.9 billion units in 2000. And Altria currently makes the bulk of its money selling...
Cannabis beauty has become so trendy that Wall Street analysts have started treating it as a standalone category. As beauty products laced with CBD, a non-psychoactive compound found in hemp and marijuana, continue to find their way onto the shelves of retailers including Sephora, Barneys and Neiman Marcus, analysts...

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Company News For Jun 20, 2019

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