Investing & Retiring

Investors should buy CBS on the dip, because it is a very attractive acquisition target for companies outside of the television industry, B. Riley FBR managing director and analyst Barton Crockett told CNBC on Monday. “CBS is a huge brand; it’s the most watched network on TV. They also have Showtime, which is big and
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Yet Kotlikoff is quite unlike other liberals in that urban Democratic bastion. And his criticism of the government dates back to far before the current controversies that surround President Donald Trump’s administration. For one, Kotlikoff credits Ross Perot — the independent presidential candidate in the 1992 and 1996 elections — as being the only politician
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Traditional retailers racing to stake their claim in the e-commerce market are causing “clutter” in the broader retail industry, Gary Friedman, the chairman and CEO of RH, told CNBC on Wednesday. “I think it’s going to be seen as kind of the lost decade of retailers,” Friedman said in an interview with Cramer, adding that
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American Express shares fell Wednesday after a report the Federal Bureau of Investigation is examining its foreign exchange pricing. Shares fell 1.4 percent. The investigation out of the FBI’s Washington field office is in its early stages and is focused on whether the card company’s foreign exchange international payments department misrepresented pricing to clients to
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Walmart’s surprising positive sales momentum is just getting started, according to Barclays. The firm reinstated coverage on Walmart shares with an overweight rating, predicting the retailer’s investments in improving its store experience will pay dividends. “We believe that Walmart will be able to sustain comp gains over peers going forward,” analyst Karen Short said in
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Amazon made history on Tuesday, becoming the second U.S.-listed public company to enter the $1 trillion market-cap club (Apple was first, last month). The stock surged to an all-time high, bringing its already mammoth 2018 rise to 75 percent. While shareholders have been handsomely rewarded, Amazon’s meteoric gains have one market strategist warning against chasing
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Unlike dividends, which are typically implemented with the understanding that they will always be paid to shareholders unless there is a dramatic change in a business’s situation, buybacks offer management the opportunity to do what Buffett likes best: buy undervalued stocks. In discussing why opportunistic buybacks are better than perennial dividends, Buffett told CNBC in
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