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Morgan Stanley Agrees With Grocery Outlet CEO On E-Commerce
2019 Dec 09, 3:49pm | 416The extreme value grocery chain Grocery Outlet Holding Corp (NASDAQ: GO) has no plans to make a major push into e-commerce — a decision Morgan Stanley analysts agree with. Grocery Outlet CEO: 'TJ Maxx Of Grocery' Grocery Outlet is best described as the "TJ Maxx of grocery,"...
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Coca-Cola On The Forefront Of Recycling Plastic
2019 Dec 09, 3:39pm | 395High value plastics like the ones found in Coca-Cola Co> (NYSE: KO) discarded bottles can be recycled and reused into new bottles, according to company CEO James Quincey. What Happened Coca-Cola is able to re-use discarded bottles into new ones and the company is now experimenting how it can...
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North Dakota Officials Receive Measure For Adult-Use Cannabis Legalization
2019 Dec 09, 3:17pm | 398A grassroots organization that works on reforming marijuana laws in North Dakota, Legalize ND, submitted a measure for adult-use cannabis legalization to the secretary of state’s office Thursday, according to Marijuana Moment. The organization has been working for around a year on a...
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These Pros Agree: Owning Tesla Stock Requires Confidence In Long-Term Goals
2019 Dec 09, 1:42pm | 414Owning Tesla Inc's (NASDAQ: TSLA) stock requires investors to believe in the company's "real long-term" and buy into CEO Elon Musk's vision, according to Chantico Global CEO Gina Sanchez. Why Tesla Is A 'Faith Stock' Tesla's long-term vision of selling a...
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What To Know About Roku's Post-Christmas 'Stream-A-Thon'
2019 Dec 09, 1:21pm | 328If you missed "Game of Thrones," or just want to watch the whole thing again, Roku Inc. (NASDAQ: ROKU) is giving you that chance. The Roku Channel will stream the first season of the "Game of Thrones" saga, along with several other shows and movies, between Dec. 26 and Jan. 1,...
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Evercore Bullish On ViacomCBS Thanks To Strong Content Pipeline
2019 Dec 09, 12:25pm | 277ViacomCBS Inc. (NASDAQ: VIAC) could be a "content powerhouse in an era of peak content," Evercore ISI said in resuming coverage of the newly recombined media company with a bullish take. The Analyst Evercore ISI's Vijay Jayant resumed coverage of ViacomCBS, in their now-combined form...
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Beef Producers Demand Country Of Origin Labeling On US Meat
2019 Dec 09, 12:17pm | 377The United States Cattlemen's Association is pushing the Food Safety and Inspection Service to issue a rulemaking decision on the use of labeling claims such as "Made in USA," according to Global Meat News. A Debate Over 'Made In USA' The USCA believes that the...
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Guy Adami And Mike Khouw's Lululemon Option Trade
2019 Dec 09, 11:39am | 196On CNBC's "Options Action," Guy Adami shared his bullish view on Lululemon Athletica Inc (NASDAQ: LULU). He likes the stock because of growing menswear, China growth and improving margins and he expects it to trade higher going into earnings. Mike Khouw thinks the stock has a high...
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Dan Nathan's Starbucks Option Trade
2019 Dec 09, 11:18am | 109Dan Nathan spoke on CNBC's "Options Action" about a bullish options trade in Starbucks Corporation (NASDAQ: SBUX). The stock gained 35% year to date, but Nathan thinks there is more room on the upside. See Also: Mike Khouw's XLK Trade To make a bullish bet, Nathan wants to buy the...
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Mike Khouw's XLK Trade
2019 Dec 09, 11:11am | 99On CNBC's "Options Action," Mike Khouw suggested a bullish options trade in Technology Select Sector SPDR Fund (NYSE: XLK). He thinks the stock is going to trade higher because it didn't trade sharply lower on the trade news that definitely was not positive. Khouw wants to buy the...
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Elon Musk Takes Grimes For A Drive In The Cybertruck
2019 Dec 09, 8:58am | 422Tesla Inc (NASDAQ: TSLA) CEO Elon Musk took his new wheels out for a spin in Los Angeles, marking the first time he publicly drove a prototype well before release. The monstrous Cybertruck drew gawkers — including A-List celebrities like Edward Norton — in the Nobu parking lot before...
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China Partners With Banks, Telecom Giants To Test Digital Currency
2019 Dec 09, 7:46am | 264The People’s Bank of China has partnered with seven state-owned companies, including four banks and three telecom companies, to test its digital currency, The Block reported on Monday. What Happened The central bank is initially testing the digital currency electronic payment (DCEP...
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Avis, Marathon Oil And 'Fast Money' Picks For Dec. 9
2019 Dec 09, 7:20am | 152On CNBC's "Fast Money Final Trade," Tim Seymour said iShares MSCI Emerging Markets Index (NYSE: EEM) looks very interesting to him. Brian Kelly is bullish on crude oil ahead of Saudi Aramco's IPO. He wants to buy United States Oil Fund LP (NYSE: USO) to get a long exposure. Steve...
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Cramer Gives His Take On Bank Of America, BlackBerry And More
2019 Dec 09, 7:18am | 288On CNBC's "Mad Money Lightning Round," Jim Cramer said S&P Global Inc (NYSE: SPGI) is a buy. He thinks the management team is terrific. Bank of America Corp (NYSE: BAC) is going higher, said Cramer. He sees it as a very inexpensive stock. Cramer would stay away from Qudian Inc -...
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Segmentation In $9T Europe's Repo Market Could Lead To Problems: BSI Report
2019 Dec 09, 7:12am | 388The $9 trillion European repo market is showing signs of segmentation, which could eventually “impede the redistribution of liquidity,” according to Bloomberg. What Happened The European repo market is showing signs of fragmentations, an analysis of the Bank for International...