Jim Cramer said that he likes old tech stocks like Micron Technology, Inc. (NASDAQ:MU) and SanDisk Corporation (NASDAQ:SNDK) in a recent discussion on CNBC. The comment came from the Mad Money host as he was discussing how investors can take advantage of major themes he said are still in play in the third quarter of the year. According to Cramer, people only need to look at what stocks performed in the last quarter and they will find stocks like Micron Technology, Inc. (NASDAQ:MU) and SanDisk Corporation (NASDAQ:SNDK) which he thinks are good buys. According to Cramer, Micron Technology, Inc. (NASDAQ:MU)…
Author: Solon Harmony B. Dolor
DISH Network Corp (NASDAQ:DISH) has voiced its opposition to the planned merger between Comcast Corporation (NASDAQ:CMCSA) and Time Warner Cable Inc (NYSE:TWC), Jon Erlichman discussed in a recent segment aired on Bloomberg Television. According to the Bloomberg anchor, DISH Network Corp (NASDAQ:DISH) is asking the United States Federal Communications Commission to stop the deal between Comcast Corporation (NASDAQ:CMCSA) and Time Warner Cable Inc (NYSE:TWC) from happening. He reported: “They are and I think that’s absolutely well within their right to do. We are in the process of observing, Washington is at the very least, two massive transactions: Comcast’s purchase of…
Marketing on social media networks such as Facebook Inc (NASDAQ:FB) and Twitter Inc (NYSE:TWTR) during massive global events like the World Cup was discussed by Jim Anderson in a recent talk with Eric Chemi and Trish Regan on Bloomberg Television. Early on in the clip embedded below, Anderson, CEO of SocialFlow, was asked whether it’s really possible for an event like the World Cup which only happens every four years to draw in a lot of people around the world and produce the kind of reaction which can be seen on social networks like Facebook Inc (NASDAQ:FB) and Twitter Inc…
Google Inc’s (NASDAQ:GOOGL) YouTube and its reported slowdown in terms of revenue is not affecting demand for mergers and acquisitions, Paul Sweeney said in a recent discussion on Bloomberg. The comment comes from Sweeney who is with Bloomberg Industries as a report published by The Information and penned by Amir Efrati, a veteran observer of Google Inc (NASDAQ:GOOGL), revealed that YouTube has not grown as much as some analysts may think revenue-wise. According to Efrati who used to be a reporter for The Wall Street Journal, two sources have said that YouTube’s gross advertising revenue was about $3.5 billion last…
Delta Air Lines, Inc. (NYSE:DAL) and Alaska Air Group, Inc. (NYSE:ALK) are flying high in timely flights while their peer Southwest Airlines Co (NYSE:LUV) falls, Phil LeBeau reported recently on CNBC. According to Phil LeBeau, timely flights were actually less in the month of May. He explained the reason for this saying: “More delays in the month of May. In fact, when you look at the May on-time arrival percentages, they dropped a little bit compared to April. 76.9% of the flights on time in May. Again, about 3% below where we were in April. Fewer flights on time in…
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook, ever the proponent of his company, has told a reporter in the Sun Valley conference to get a new phone, hinting that he preferred to see an iPhone being carried around by the reporter. The tidbit about the Apple Inc. (NASDAQ:AAPL) chief comes from Bloomberg as the news outlet is reporting about the ongoing Sun Valley conference. Jon Erlichman, senior correspondent for Bloomberg, shared the trivia to Emily Chang, Bloomberg West host. According to Erlichman, the Apple Inc. (NASDAQ:AAPL) CEO saw that a Bloomberg reporter was carrying around a Samsung smartphone and politely suggested…
Citigroup Inc (NYSE:C) did not expect to pay as much as $7 billion to settle a current legal spat with the US Department of Justice, Andrew Grossman said in a recent discussion on Wall Street Journal Live. The comment came from reporter of The Wall Street Journal after his story that Citigroup Inc (NYSE:C) is nearing an agreement with the Justice Department for the bank to pay $7 billion to settle allegations that it sold substandard mortgages before the 2008 crisis. According to Grossman: “The latest is, after talks between the Justice Department and Citi looked like they were close…
Wal-Mart Stores, Inc. (NYSE:WMT) aims to learn from Amazon.com, Inc. (NASDAQ:AMZN), a company which studied it when it was still starting out, Shelly Banjo of the Wall Street Journal said in a recent discussion. The comment from Banjo comes after her story on the Wall Street Journal where she wrote that Wal-Mart Stores, Inc. (NYSE:WMT) will be focusing on smaller stores in order to grow. Newshub host Simon Constable said at the start of the discussion that the retail giant is trying to get its mojo back by copying Amazon.com, Inc. (NASDAQ:AMZN), a company that copied it. Simon said that…
Tesla Motors Inc (NASDAQ:TSLA) has said that the Chinese businessman who sued them over a trademark to the name Tesla in China is the one stealing from the company, Rosalind Chin reported in Bloomberg Television. The report comes after Chinese businessman Zhan Baosheng sued Tesla Motors Inc (NASDAQ:TSLA) in China claiming ownership of the trademark to the name in the country. The man is asking for $3.9 million and for the American company to shutter its operations in the country. Talking to Rishaad Salamat, Chin said that the man is asking to shut its sales centers, service centers and sales…
Tri Pointe Homes Inc (NYSE:TPH) CEO Doug Bauer said in a recent interview on Fox Business Network that America’s housing industry is in a good spot and that its merger with the real estate business of the Weyerhaeuser Company (NYSE:WY) provides their company more diversity. The comment comes from the Tri Pointe Homes Inc (NYSE:TPH) CEO after it completed its “Reverse Morris Trust” merger with the Weyerhaeuser Real Estate Company, Weyerhaeuser Company (NYSE:WY) homebuilding business. The deal, according to Fox Business Network, is worth $2.8 billion. The Tri Pointe Homes Inc (NYSE:TPH) CEO was asked whether the homebuilding industry is…
Whirlpool Corporation (NYSE:WHR) is a good stock to be in now, Charles Payne argued in a recent segment on Fox Business Network. The comment was made by the Fox Business Network host on Tuesday as the markets were in a pullback after selloffs as people are waiting for quarterly corporate performance reports. The technology industry bore the brunt of the decline but Payne said that Whirlpool Corporation (NYSE:WHR) can be a refuge. He explained: “I know the market’s a little spooky today but as markets shift into defensive mode, I continue to think a perfect place for you to be…
GoPro Inc (NASDAQ:GPRO) is attached to issues like valuation and competition, Kathleen Smith said in a recent discussion on CNBC. The comment comes from the Renaissance Capital co-founder as she discussed why GoPro Inc (NASDAQ:GPRO) is currently not in her portfolio. According to Smith, the company is not in her portfolio at the moment because it is not large enough to enter their main portfolio, the ETF portfolio of her firm. Nonetheless, she said that Renaissance Capital will most likely consider GoPro Inc (NASDAQ:GPRO) in its next rebalance. She noted that her firm has a passive portfolio, a basket of…