Investing

Shareholders walked between booths at the annual Berkshire shareholder shopping day in Omaha, Nebraska, May 3, 2019. Scott Morgan | Reuters At the “Woodstock of Capitalism,” thousands of shareholders walked around the CHI Health Center in Omaha, Nebraska, on Saturday, posing for photos with oversized pop-ups of Warren Buffett, giant Heinz ketchup bottles and buying
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Chalk it up to the magic of Disney. The entertainment giant’s stock just had its best month since 2000, fueled by a record-breaking opening weekend for Marvel’s “Avengers: Endgame” and the unveiling of Disney’s upcoming streaming service, Disney+. That puts the stock’s year-to-date gains at nearly 25% — far above the S&P 500’s 17% —
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Technology investor Paul Meeks is putting the brakes on his bullish forecast. Meeks sees investors getting burned by tech stocks, saying the rally has gone too far, too fast. “My issue is not fundamentals,” he said Monday on CNBC’s “Trading Nation ” segment. “It’s more about stretched valuations.” The tech-heavy Nasdaq has surged more than
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Check out the companies making headlines before the bell: Restaurant Brands International — Restaurant Brands reported weaker-than-expected quarterly earnings as sales in its Tim Horton’s business unexpectedly fell. The company posted a profit of 55 cents per share. Analysts polled by Refinitiv expected earnings of 58 cents per share. Tim Horton’s sales fell 0.6% in
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Lockheed Martin delivered the best conference call to its shareholders out of the defense sector, CNBC’s Jim Cramer said Friday. The largest military contractor in the world, the Bethesda, Maryland-based manufacturer trounced analyst expectations on earnings per share, $5.99 versus $4.34, and revenue, $14.3 billion versus $12.6 billion. Raytheon, a major contractor for the U.S.,
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Things are heating up in the energy market. The Trump administration announced Monday that it would end exemptions to its sanctions on Iran, a move meant to significantly curb Iran’s oil output. Crude prices surged after the announcement, with the U.S. benchmark, West Texas Intermediate crude, gaining nearly 3 percent. Here’s what experts say higher
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Although former Yankee first baseman Mark Teixeira earned a fortune on the baseball diamond, he’s always preached the value of living on a budget. “There’s many jobs out there that you can do forever. … Baseball’s not one of them,” the Major League All-Star said. Originally drafted in 2001 by the Texas Rangers, Teixeira later
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