Allyson Felix (center) and Brionna Thomas run in a women’s 400m semifinal during the USATF Championships at Drake Stadium in Des Moines, July 26, 2019. Felix finished third in 51.45 to advance to the final in her first competition since giving birth to her daughter Camryn Ferguson on Nov. 28, 2018. Kirby Lee | USA
Business
Shares of Levi Strauss have come down to a level that is worth pulling the trigger, CNBC’s Jim Cramer said Tuesday. As of the close, the stock is down more than 23% from its $24.50 peak in mid-April. Earlier this month, the “Mad Money” host argued that the jean maker’s stock should not have climbed
Traders work on the floor of the New York Stock Exchange (NYSE) on November 18, 2014 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines midday: Procter & Gamble — Shares of Procter & Gamble jumped 4.4% to a record high on better-than-expected quarterly numbers
Newmont Goldcorp: We don’t want Newmont, we want Agnico. O.K.? Agnico is better, faster growing, better assets. “ Dollar Tree: “I think you buy some Dollar Tree.” Valley National Bancorp: “Valley’s got a great footprint. It’s just the problem is the Fed was not going the right way, but I think [buy] this thing at
Starbucks was able to engineer a top- and bottom-line beat in its latest quarter report thanks to the moves that tech veteran and CEO Kevin Johnson made to line up customers up for coffee, CNBC’s Jim Cramer said Monday. The ubiquitous coffee chain saw it stock price surge to surge to near $100 after raising its
Microsoft CEO Satya Nadella speaking at the Code Conference in Rancho Palos Verdes on May 27, 2014. Rancho Palos Verdes Microsoft said Monday that it has acquired BlueTalon, a start-up whose software can prevent people from accessing certain high-value data that companies keep. Terms of the deal weren’t disclosed. Over time, the acquisition could help
U.S. stock index futures were slightly lower Monday morning, as market participants braced for a likely cut in interest rates for the first time in more than a decade. At around 03:15 a.m. ET, Dow futures dipped 28 points, indicating a negative open of more than 43 points. Futures on the S&P and Nasdaq were
A man walks past Pfizer’s world headquarters in New York. Andrew Kelly | Reuters Pfizer, the world’s largest drugmaker, plans to divest its off-patent drug business and combine it with generic-drug maker Mylan, according to a person familiar with the matter. The deal, expected to be announced Monday, will result in Pfizer shareholders owning most
A new walkway runs between Buildings 40 and 41 at Microsoft’s campus in Redmond, Washington. Microsoft For Microsoft to maintain its trillion-dollar valuation, keeping employees happy is crucial. That’s especially true around Seattle, home to Amazon, big Google and Apple operations and a burgeoning start-up scene. With talent in such high demand, Microsoft is in
Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Christophe Morin/IP3 | Getty Images News | Getty Images Quitting Facebook is not a realistic option for many people. But, if you’re tired