The “Fast Money” traders share their first moves for the market open. Tim Seymour was a buyer of Home Depot. Steve Grasso was a buyer of Snap. Dan Nathan was a buyer of JetBlue. Guy Adami was a buyer of Occidental Petroleum. Disclaimer Trader disclosure: Tim Seymour is long AMZA, AMZN, AAPL, ACBFF, ACRGF, ALEF, ACB,
Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he’s been taking advantage of the stock market’s volatility. The billionaire founder of Equity Group Investments said in a “Squawk Box” interview, “We’ve been buying some stuff that we thought was ridiculously low” in the recent coronavirus-driven sell-offs on Wall
golero | Getty Images Longevity. Leaving work to care for kids or parents. Earning less. These are the headwinds most talked about among women when it comes to the retirement challenges many of them face. Women have retirement balances that are half the size of men’s, according to data from the Vanguard Center for Investor Research.
Campbell Soup CEO Mark Clouse said Wednesday that the company is increasing soup production in response to the coronavirus outbreak. “We made the decision last week to up production in certain areas where we’re using a little bit the analogy of weather or natural disasters,” Clouse said on CNBC’s “Closing Bell.” “Where do we see
Hyatt Regency Orlando International Airport. Source: Orlando International Airport Hyatt Hotels said on Monday it was withdrawing its 2020 earnings outlook, as the coronavirus outbreak spreads across the globe hurting travel demand. The company had previously forecast adjusted profit for 2020 between $760 million and $780 million. Greater China revenue per available room (RevPAR) has been
Former Vice President Joe Biden, 2020 Democratic presidential candidate, smiles during an primary night rally in the Baldwin Hills neighborhood of Los Angeles, California, U.S., on Tuesday, March 3, 2020. Patrick T. Fallon | Bloomberg | Getty Images Stocks came back in a big way Wednesday, with many Wall Street firms attributing the relief rally
Trader on the floor of the New York Stock Exchange. Lucas Jackson | Reuters The market’s swift decline from record highs sparked by the coronavirus outbreak has left investors wondering when the bleeding will stop. On Feb. 19, the S&P 500 hit an all-time high. Just a week later, the broad market average traded in
Pink piggy bank on top of stack of books with dark blackboard or chalkboard background using as cost of knowledge and education, savings for college or scholarship concept. Nuthawut Somsuk With the stock market tumbling amid the coronavirus outbreak, you might be worried about meeting your financial goals. And if you had hoped to tap
This is a live blog. Please check back for updates. All times below are in Eastern time. Global cases: More than 95,000, according to data compiled by Johns Hopkins University. Global deaths: At least 3,250, according to data compiled by Johns Hopkins University. US cases: At least 138, according to data compiled by Johns Hopkins University. US deaths:
Nordstrom said Tuesday it is changing its leadership structure to retire its co-presidency, and naming Erik Nordstrom as its sole CEO. It announced the changes as it reported fourth-quarter earnings and sales that missed analysts’ estimates, sending shares tumbling. Its stock initially cratered more than 10% in after-hours trading following the release. Shares were recently down