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North Korea an ‘increasing threat’ despite charm offensive, warn top intelligence officials

North Korea won't give up its nukes and Americans shouldn't fall for the regime's recent charm offensive, top intelligence said Tuesday. "Pyongyang has repeatedly stated that it does not intend to negotiate its nuclear weapons and missiles away," he added. North Korean leader Kim Jong Un also invited South Korean President Moon Jae-in to visit the communist country for a summit. Regardless, U.S. intelligence officials testifying at the Senate hearing said Kim Jong Un still views nuclear weapons

By | 2018-02-12T16:00:00+00:00 February 12th, 2018|companies, news, Uncategorized|0 Comments

Cramer Remix: How to play Nvidia in a volatile market

CNBC's Jim Cramer is confident that he's pinpointed the real cause of the market-wide sell-off that has weighed on stocks for much of the week. Very few stocks can withstand hedge-fun-led pain like this, Cramer warned. "Nvidia reported after the close and it was down hard all day today because of this nonsense I'm describing. But this stock managed to rally in the after-market because the quarter was that fantastic," Cramer said. "If we get a huge down opening tomorrow, which is certainly likely

By | 2018-02-07T16:00:00+00:00 February 7th, 2018|companies, Uncategorized|0 Comments

Report: Disney held talks to acquire most of 21st Century Fox

Disney is in talks to purchase 21st Century Fox, acquiring its slate of original titles and rights to various franchises, according to a CNBC report. The report alleges that Disney would acquire the majority of the company, with the exception of Fox’s sports and news divisions. Other properties, however, including The Fantastic Four, X-Men and numerous TV series would become Disney properties. Instead, Disney would bring its movies and TV series to its new streaming platform. Fox has also been i

By | 2017-11-05T16:00:00+00:00 November 5th, 2017|companies, Uncategorized|0 Comments

Report: Disney held talks to acquire most of 21st Century Fox

Disney is in talks to purchase 21st Century Fox, acquiring its slate of original titles and rights to various franchises, according to a CNBC report. The report alleges that Disney would acquire the majority of the company, with the exception of Fox’s sports and news divisions. Other properties, however, including The Fantastic Four, X-Men and numerous TV series would become Disney properties. Instead, Disney would bring its movies and TV series to its new streaming platform. Fox has also been i

By | 2017-11-05T16:00:00+00:00 November 5th, 2017|companies, Uncategorized|0 Comments

Tax reform could reduce charitable giving by up to $13 billion per year

Increasing the standard deduction under tax reform would mean that there would be a higher hurdle to claim the charitable deduction. "The magnitudes that [the researchers] are talking [about] are not particularly big," said Scott Greenberg, an analyst with the Center for Federal Tax Policy at the Tax Foundation. And Goldman Sachs is worried that Wall Street is too sanguine about the prospects of tax reform given the legislative uncertainty. This is not the first time charitable giving has been t

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

Amazon Prime Air pilots to protest at shareholders meeting

When Mike Griffith, a career pilot, learned last year that his company Atlas Air signed a big contract to fly for Amazon's Prime Air program, he was ecstatic to take part in what he believed to be the future of logistics. Griffith, 52, is so concerned about his company's ability to hold up its end of the Amazon deal that he's heading to Seattle for its shareholders meeting on Tuesday. Griffith will be picketing along with about 50 other pilots from Atlas and air cargo conglomerate Air Transport

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

Bitcoin price hits fresh record high above $2,100

Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas. More important than the episode being widely recognized as the first transaction using the cryptocurrency is what it tells us about the bitcoin rally that saw it break through the $2,100 mark on Monday. Bitcoin was trading as high as $2,185.89 in the early hours of Monday morning, hitting a fresh record high, after first powering through the

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

Here’s how Apple’s stock can get to a $1 trillion market cap in 2018: RBC Capital

Investors should buy Apple shares because the iPhone 8 and its services business may drive the company's value above $1 trillion next year, according to RBC Capital, which reiterated its outperform rating on the smartphone maker. "AAPL has potential to achieve a $1.0 trillion dollar market cap and even surpass that over the next 12–18 months," he added. Daryanani raised his official price target for Apple to $168 from $157, representing 10 percent upside from Friday's close. Apple has a market v

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

Defense stocks roar higher on $110 billion US-Saudi Arabia weapons deal

Defense stocks took off on Monday, hitting all-time highs, after President Donald Trump inked a nearly $110 million weapons deal with Saudi Arabia. Additionally, the iShares U.S. Aerospace & Defense ETF (ITA) was up about 1.3 percent on the whole in early trading. Jet maker Boeing also signed a handful of deals with Saudi Arabia during President Trump's weekend visit, involving the sale of military and passenger aircraft. These types of arms deals have caused defense stocks to rally in the past,

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments
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