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Comstock Resources: “We’re not going down the speculative food chain when it comes to oil and gas. That always tends to be a mistake. [For] the charitable trust, I’ve been telling club members of ActionAlertsPlus.com it’s a simple one. You buy BP and you get that 5 percent yield while you wait for oil to
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Wall Street wasn’t pleased with Red Hat’s second-quarter revenue miss on Wednesday, but the software company’s outlook is much brighter than this quarter made it seem, Red Hat President and CEO Jim Whitehurst told CNBC on Friday. An open-source software provider that helps enterprises get onto the cloud, Red Hat gets much of its business
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Wall Street wasn’t pleased with Red Hat’s second-quarter revenue miss on Wednesday, but the software company’s outlook is much brighter than this quarter made it seem, Red Hat President and CEO Jim Whitehurst told CNBC on Friday. An open-source software provider that helps enterprises get onto the cloud, Red Hat gets much of its business
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Dreamforce: On Tuesday, “Mad Money” hits the road to Dreamforce, a huge festival hosted by Salesforce.com covering all things tech and cutting-edge. Cramer will hear from some of the best minds in Silicon Valley, so if you’re a tech investor, don’t miss Tuesday’s show! Salesforce.com: An analyst meeting at Salesforce could shed some light on
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“People are definitely buying the news,” he said. “This is another case of Ripple showing its dominance in real world relationships with financial companies, and yet another spike in XRP’s price because of it.” The company has struck deals with various high-profile financial institutions, including Santander and American Express. But those partnerships have so far
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Although Micron Technology‘s profitability will take a hit due to President Donald Trump’s latest round of tariffs on Chinese imports, CEO Sanjay Mehrotra told CNBC’s “Squawk Alley” that the company will be able to “easily mitigate” their future impact. Micron shares fell 5 percent before the market opened on Friday following revelations a day earlier
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Shares of London-based luxury online marketplace Farfetch jumped 43 percent in their market debut Friday as investors placed their bet on the company’s technology and unique niche in high-end luxury. Farfetch sold 44.2 million shares Thursday night, raising $885 million and stamping a valuation of roughly $6.2 billion on the online giant after factoring in
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Luke Sharrett | Bloomberg | Getty Images A contractor moves lumber for a house under construction in the Norton Commons subdivision of Louisville, Kentucky. Homebuilder stocks fell Friday after J.P. Morgan said it is “more cautious” about the sector’s prospects. The firm lowered its ratings for five homebuilder stocks Friday – including reducing PulteGroup and
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Microsoft Karen Finerman was a buyer of FedEx Dan Nathan was a seller of the Semiconductor ETF Tim Seymour was a buyer of Intel Trader disclosure: On September 20, 2018 the following stocks and commodities mentioned or
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“When you take the skin off, it looks like several different fish,” Maltese said. Another frequent substitution is farm-raised salmon sold as wild or sockeye salmon. Maltese says wild salmon tends to be less brightly colored than the farm-raised variety, which are often raised on specially formulated food to make them more orange. Farm-raised salmon
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The queue was significantly smaller than last year. Outside the Orchard Road Apple store in Singapore the story was very different. Photos posted on social media show several hundred people waiting for the new devices. Tweet Dubai‘s Apple store witnessed a similar story. Tweet Despite the lack of people turning up to buy the latest
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In dealmaking news, ride-hailing firm Uber is reportedly in early discussions to buy food delivery upstart Deliveroo for several billion dollars. Bloomberg, citing people familiar with the plans, said any offer would need to be considerably higher than Deliveroo’s last reported valuation of more than $2 billion. Shares of listed competitors Just Eat and Delivery
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