Check out the companies making headlines before the bell: Lennar – The homebuilder reported profit of $1.59 per share for its third quarter, beating the consensus estimate of $1.32 a share. Revenue also exceeded Wall Street forecasts. The volume of new orders rose 9% from a year earlier, although the dollar value of those new
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Trump International Hotel & Tower New York building is seen from the balcony of an apartment unit in the AvalonBay Communities Inc. Park Loggia condominium at 15 West 61 Street in New York, May 15, 2019. Mark Abramson | Bloomberg | Getty Images Prices for Manhattan real estate took their biggest plunge since the 2008
Recession red flags are weighing on the stock market, and if you go back a year, fourth quarter 2018 was a painful one for investors. But there is at least one historical reason to remain positive on stocks as the year’s final quarter starts: It’s been the quarter with the highest average gains over the
The CEO of Deutsche Post DHL Group told CNBC Tuesday that digitalization would change the industry. Frank Appel’s comments came as the business unveiled its new group strategy for the years ahead. With around 550,000 employees globally, Deutsche Post is a logistics and mail powerhouse. Speaking to CNBC’s Annette Weisbach, Appel said the Bonn headquartered
A man fishing as a barge passes on the river of Mahakam to load coal from the mining area in Samarinda, East Kalimantan in Indonesia. Bay Ismoyo | AFP | Getty Images Coal is still a dominant fuel in the rapidly growing economies of Southeast Asia, even amid a general global move toward cleaner energy
Packages of Zantac, a popular medication which decreases stomach acid production and prevents heartburn, sit on a shelf at a drugstore on September 19, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Health officials said they have been investigating the carcinogen, called N-nitrosodimethylamine or NDMA, in blood pressure and
European stocks are set to open slightly lower Monday morning, amid reports the U.S. is considering imposing investment curbs on China. The FTSE 100 is seen 8 points lower at 7,418, the CAC is expected to open down around 10 points at 5,630, while the DAX is poised to start 17 points lower at 12,363,
Pedestrians pass in front of a Forever 21 store in New York. Scott Mlyn | CNBC Apparel retailer Forever 21 said Sunday night it is filing for Chapter 11 bankruptcy protection. The fast-fashion retailer obtained $275 million in financing from its existing lenders with JPMorgan Chase and $75 million in new capital from TPG Sixth
The 2019 Acura NSX Mack Hogan | CNBC Acura reinvented the supercar 29 years ago with the original NSX. The high-powered, mid-engined supercar went toe-to-toe with Ferrari and Porsche while offering Acura levels of reliability and ease of use. While Ferrari owners had to pull the engine out of their cars every few years for
When executives at consumer-facing companies refer to their customer, it’s typically using the pronoun “she.” It’s ironic, that very few of those same companies are run by women. That’s not the case at Best Buy. Corie Barry took over the top job in June as the consumer electronics retailer’s first female chief executive, one of
[This stream is slated to begin at 9 p.m. ET. Please refresh if you do not see the player above at that time] SpaceX founder and CEO Elon Musk is slated to give an updated presentation on the company’s Starship rocket on Saturday evening in Cameron County, Texas. The massive rocket represents the company’s ambition
SpaceX founder and CEO Elon Musk will provide an update on the company’s next-generation rocket as well as its plans for trips to the moon and Mars from a growing facility in the southernmost part of Texas Saturday evening. Called Starship, this rocket represents the vessel of SpaceX’s vision: Make humanity a species that lives
Digital pharmacy GoodRx is now helping patients do more than just price shop for prescription drugs, co-founder and co-CEO Doug Hirsch told CNBC’s Jim Cramer on Friday. It’s going directly into the world of medical services by launching GoodRx Care, which allows people to see a board-certified physician for a number of conditions, starting at
CNBC’s Jim Cramer reacts to the Trump administration’s move to consider stopping U.S. investors from investing into China’s businesses and debriefs the 2019 class of IPOs. The “Mad Money” host makes recommendations for investors who are worried about the future of the American health care system. He holds an interview with the CEO of CNBC
The New York State Department of Health shared photos of some of the products it found to contain vitamin E acetate, a key focus of the department’s investigation into potential causes of vaping-associated lung disease. Source: New York State Department of Health The Centers for Disease Control and Prevention is urging people to stop vaping
CNBC’s Jim Cramer explains why Wall Street fears a potential Elizabeth Warren presidency and where investors should put their money. The “Mad Money” host makes recommendations on the stocks of Herman Miller, Steelcase and Peloton after its new public listing. Cramer sits down with Taylor Morrison CEO Sheryl Parker and learns that millennial home buying
Wall Street is “terrified” of a potential Elizabeth Warren presidency and it has opened up buying opportunities in the market, CNBC’s Jim Cramer said Thursday. The worried investors are trying to game the 2020 election and the Massachusetts senator’s odds of winning the Democratic Party nomination and the White House as she closes the lead
Chairman Raja Krishnamoorthi (D-IL) (L) points to a poster showing similarities between Marlboro cigarette ads and JUUL Vaping paraphernalia, during a House Economic and Consumer Policy Subcommittee hearing that heard testimony on JUUL’s Role in the youth nicotine epidemic, on July 25, 2019 in Washington, DC. Mark Wilson | Getty Images A U.S. congressional panel
D23 EXPO 2019 – The Ultimate Disney Fan Event – brings together all the worlds of Disney under one roof for three packed days of presentations, pavilions, experiences, concerts, sneak peeks, shopping, and more. The event, which takes place August 23 – 25 at the Anaheim Convention Center, provides fans with unprecedented access to Disney
General Motors on Sept. 25, 2019 announced it is partnering with Amazon to enable the tech company’s Alexa voice assistant in millions of its vehicles. GM DETROIT – General Motors is partnering with Amazon to enable the tech company’s Alexa voice assistant in millions of its vehicles. The companies on Wednesday said the popular voice