Finance

Cramer: Hertz has its ‘head within the sand’

Hertz stocks fell extra than five percentage Monday after the corporation lowered its full–yr revenuesteerage, and CNBC’s Jim Cramer stated the information suggests that condominium automobilegroups want to awaken. “that is a challenged institution now not in contrast to the automobile groups, that are all coping withUber. I think that their failure to acknowledge Uber indicates me that their head ... Read More »

After-hours buzz: Juniper, Alcoa, Marathon & greater

generation company Juniper Networks saw stocks sink after it slashed income expectancies for the Marcharea. The networking organization expects sales of $1.09 billion to $1.1 billion, the company stated in astatement, lacking the prior steering of $1.15 billion to $1.19 billion, based on weaker demand from itsenterprise division. earnings were additionally chopped down to between 35 cents in keeping withshare ... Read More »

Citi: Time to buy financials

After financials extensively lagged this year, Citi studies finally believes the world is compelling enough to shop for. So what are the high-quality possibilities inside the category? With the financial pick area SPDR Fund down almost 7 percent yr so far versus the S&P 500 at roughlyflat at the 12 months, Citi studies upgraded various financials to an “obese” rating. ... Read More »

Bentley Bentayga India launch on April 21

The Bentley Bentayga premium crossover will be launched for the Indian market on April 21. It is first high riding vehicle from the Volkswagen owned British automaker and will come here in limited numbers. The Bentley Bentayga was previewed in 2012 through the EXP 9 F concept car followed by its official reveal just over 3 years later at the ... Read More »

Cramer: Valeant fuss a ‘travesty’

The situation surrounding Valeant Pharmaceuticals has transformed the company into a “great mystery,” CNBC’s Jim Cramer said Monday. “The numbers are all over the map. No one knows what the cash flow is; no one knows what the company is doing,” he said on “Squawk on the Street.” “These are the things [you find] with a private, family company and ... Read More »

Options strategies with Pete Najarian

Options expert Pete Najarian joined CNBC Pro for an exclusive Q&A to share his approach to investing. Najarian, who was ranked one of the top 100 traders by Trader Monthlymagazine in 2005 and is a familiar figure on CNBC, highlights the key metrics that every savvy investor must use to his or her advantage, particularly around options. “Knowledge in the ... Read More »

Caterpillar cuts Q1 earnings, revenue guidance

Justin Sullivan | Getty Images The CAT logo is displayed on Caterpillar construction equipment. Caterpillar on Thursday cut its first-quarter earnings and revenue guidance, but said it remains comfortable with its prior full-year forecast. Shares of Caterpillar fell more than 3 percent in premarket trading on the news. (Get the latest quote here.) The world’s largest construction and mining equipment ... Read More »

Apple chart points to massive rally: Technician

Apple stock has been floundering for the past 11 months, falling nearly 22 percent since its high of $134.54 in April 2015. But according to one market technician, the shares are setting up for a huge move higher. “Momentum is in favor of the stock,” Greg Harmon, founder and president of Dragonfly Capital, said Wednesday on CNBC’s “Trading Nation.” By ... Read More »

Valeant cuts 2016 revenue forecast

Shares of Valeant Pharmaceuticals tumbled on Tuesday after the company cut its 2016 revenue forecast by about 12 percent and said a delay in filing its annual report could pose a debt default risk. The stock closed down more than 51 percent on Tuesday. One of its big investors, Bill Ackman, said he is still confident in Valeant and he ... Read More »

Cramer: You could have avoided Valeant’s disaster

One look at the action on Valeant’s stock on Tuesday, and now investors understand why Jim Cramer preaches that when the words “accounting irregularity” are associated with a company, that always means sell. Investors repeatedly assured Cramer that Valeant’s cash flow was so strong he didn’t have to pay attention to the decline in the stock because it was all ... Read More »