Investors should believe the top brass of a company with a good, long-term track record when its management says it can turn things around, CNBC's Jim Cramer said Tuesday. PepsiCo, which has doubled its dividend in the past decade, is one of those names to put faith behind even...
CarGurus Inc.: "Well, I gotta tell you my viewers, including you Scott, are smarter than I am. I like Carmax, but we are going to do a deep dive on Cargurus because of exactly what you just told us. Because you teach us." Iamgold Corp.: "Well, you know what,...
You stand very little chance of seeing an American car on a Japanese road, but if you do, there is a good chance it is a Jeep Wrangler. While Japanese brands fill U.S. roads and parking lots, American automakers have all but given up on selling cars in Japan...
Hasbro had "good growth" across multiple businesses in the first quarter and its gaming segment is gaining popularity, CEO Brian Goldner told CNBC on Tuesday. The toy and board game manufacturer reported earnings of 21 cents per share in its quarterly results, trouncing the 11 cents per share loss...
Rallies in Hasbro, Qualcomm, Twitter, and Kohl's on Tuesday showed how investors who bet against a stock can cause a short squeeze and bolster stocks even higher, CNBC's Jim Cramer said. Each stock saw double-digit percentage gains during the session, with the exception of Qualcomm, although the company touched...
Brazilian private equity firm 3G Capital built its reputation by scooping up iconic consumer brands, aggressively cutting costs and using those savings to fund acquisitions. That strategy at Kraft Heinz — the company 3G formed when it teamed up with Warren Buffett's Berkshire Hathaway in...
Apple CEO Tim Cook said it's unfortunate the FBI's case to force the company to provide data from a terrorist's iPhone in 2016 didn't go to trial because that way the public could have seen the truth. Speaking on Tuesday at a Time Magazine...
Tater Tot maker Ore-Ida is the latest brand Kraft Heinz is considering shedding as it scrambles to pay down debt and restructure its business following a disastrous quarterly report. Kraft Heinz has hired investment bank Evercore Partners to prepare a potential sale of its Ore-Ida brand, people familiar with...
Victor J. Blue | Bloomberg | Getty Images Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, rings the opening bell during the company's initial public offering (IPO)...
Mark Lennihan | AP Snap Inc. CEO Evan Spiegel smiles before ringing the opening bell at the New York Stock Exchange as his company celebrates its IPO, Thursday, March 2, 2017. Snap, the...