Bob Newhart and Will Ferrell star in “Elf.” Warner Bros. With the flood of new streaming services, you might expect a favorite holiday movie is just a few clicks away. But you’d be mistaken. Cheery, family-friendly flicks like “Elf,” “Rudolph the Red Nosed Reindeer” and “Frosty the Snowman” won’t appear on popular platforms like Netflix,
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Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohl’s earnings and sales for the latest quarter fell short of analysts’ estimates, the company reported on Tuesday. It also cut its profit outlook for the full year. Its shares tumbled more than
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Lowe’s. Chris Verrone was a buyer of Facebook. Steve Grasso was a buyer of Bausch Health. Guy Adami was a buyer of Snap. Disclosure Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, ALEF, ALPHA, AMZA, ACB,
Randall Stephenson Katie Kramer | CNBC Here are the biggest calls on Wall Street on Tuesday: Morgan Stanley upgraded Broadcom to ‘overweight’ from ‘equal weight’ Morgan Stanley named the semiconductor designer and developer as a top pick and said it had “increased” confidence in the company’s strategy. “We upgrade AVGO to Overweight on increased confidence
Many Americans are feeling pretty good about their financial future, at least over the next year. In the latest CNBC Invest in You survey, 43% said they think they and their families will be better off financially a year from now. Of those polled, 42% said their situation will be the same, and 13% said
FedEx employee Hector Montoya prepares packages for delivery in New York, U.S., on Thursday, March … [+] 19, 2008.Photographer: JB Reed/Bloomberg News BLOOMBERG NEWS “FedEx Closes Pension Plan to New Hires”: that’s the headline at the Wall Street Journal today. Or, as the Memphis Commercial Appeal reported, “FedEx to launch a new 401k plan with
Last week I wrapped up my first semester as a professor at the University of Denver’s Graduate Tax Program, and I’ve got to say, the transition back to civilian life hasn’t been easy. I found my daughter in tears this morning, and my immediate reaction was to ask if she was suffering from “physical injury
15 October 2019, Saxony, Markranstädt: View over a field to a residential area with newly built … [+] detached houses. Photo: Jan Woitas/dpa-Zentralbild/dpa (Photo by Jan Woitas/picture alliance via Getty Images) dpa/picture alliance via Getty Images Unless you’re super rich or super poor, you’re probably going to take out a mortgage at some point in
Intelsat 35e Source: Intelsat Check out the companies making headlines after the bell: Shares of Intelsat SA slid nearly 2% during extended trading after the Federal Communications Commission announced it will publicly auction off a portion of its C-band spectrum wavelength in place of 5G wireless networks. Intelsat, along with three other satellite operators, provides
GW Pharmaceuticals: “We like GW Pharma, but we’ve said it’s part of the cannabis cohort and because it has been pulled down by a lot of ETFs, and therefore it is still too early.” Turning Point Therapeutics: “Turning Point Therapeutics is a very big speculative situation. Most people wouldn’t know the difference between Turning Point
Ajit Pai Brad Quick | CNBC The Federal Communications Commission (FCC) announced on Monday that it will publicly auction off a valuable telecommunications asset, in a move investors viewed as a blow to U.S. satellite communications provider Intelsat. Shares of Intelsat dropped more than 40% in heavy trading volume after FCC Chairman Ajit Pai said
Billionaire hedge fund manager Ray Dalio wants the average investor to learn from the errors of others. In fact, the “biggest mistake” he sees investors make is thinking that markets that went up recently are “better bargains rather than expensive bargains.” “Don’t make the mistake of buying those things that have gone up thinking they’re
Cropped shot of two elderly people discussing a … [+] documenthttp://195.154.178.81/DATA/i_collage/pi/shoots/783531.jpg Getty Big brand names can’t rely on their past “glory days” forever. Today we’re going to make sure you don’t hold any “household name has beens” in your retirement portfolio. I’m talking about washed up brands like Tupperware (TUP). The yesteryear firm’s shareholders just
The wealthiest US citizens have vast assets but little income, so income taxes struggle to reach … [+] them. A wealth tax could ensure these very richest Americans pay their fair share along with the rest of us. But would it? Getty As the first primaries for the 2020 presidential election approach, some Democratic candidates,
WeWork’s lesser-known cofounder Miguel McKelvey remains the company’s chief culture officer. Visual China Group via Getty Images As the once-hot office-sharing startup WeWork imploded this fall, frustrated investors pushed out its charismatic and erratic cofounder and CEO, Adam Neumann. The company’s other cofounder?, Miguel McKelvey, 45, an under-the-radar presence compared with the outsize Neumann, stuck
Scott Gottlieb, former Commissioner of the FDA Adam Jeffery | CNBC The Trump administration’s delay of rules that would restrict flavored e-cigarettes may look like a win for the industry right now, but it will come at a steep cost later, according to former FDA Commissioner Scott Gottlieb. “Delays on regulatory steps to combat youth
Interest rates are on hold for now — Federal Reserve officials have indicated as much and the market believes it — but the state of affairs could be fleeting amid an ever-changing set of economic conditions. Pretty much everyone is convinced the Fed is finished for 2019, a year in which it cut its benchmark
The world is getting windier, which means a surge in wind-generated power could be coming. A new study led by Princeton University researchers found that from 1978 to 2010 wind speeds decreased by about 2.3% per decade, but that things began to shift in 2010. Between 2010 and 2017 speeds increased roughly 7%, which means
The Fearless Girl statue is seen in the foreground as a banner announcing the IPO of Uber Technologies hangs outside the New York Stock Exchange, May 10, 2019. Andrew Kelly | Reuters You don’t have to tell Willis Williams that the initial public offering calendar has been busy this year. Williams, 44, a New York
Are you wondering if you should convert your retirement account to a Roth by the end of the year? After all, there’s no income limit on IRA conversions and many employers are now allowing employees to convert their company retirement plan balances to Roth while they’re still working there. At first glance, it may sound