Business

Thermo Fisher Scientific Inc.: “What a great company. $93 billion market cap company, run incredibly well. That’s my kind of company for this environment.” Arconic Inc.: “We’re not arbitrageurs. Let’s just take the profit and run, or even, frankly, let’s just go, because we don’t know how that deal’s going to work out.” Qualcomm Inc.:
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Coca-Cola has scaled back its Christmas truck’s annual tour of the U.K. following protests from health activists. The truck will visit 24 towns and cities around the U.K. throughout November and December — down from 42 locations last year. Coca-Cola’s annual marketing push has faced various demands from campaigners, ranging from a stop to the
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Chinese e-commerce giant Alibaba may have recorded its slowest ever annual growth rate for its Singles Day shopping extravaganza this year, but a large online retailer in Southeast Asia that is majority-owned by Alibaba said it witnessed accelerating growth during the event. Southeast Asia is at the “beginning of the journey” and still witnessing “accelerating
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Square Inc.: “I’ve going to give you the two Squares. There’s the Square from the point of view of the businessperson, and they are spending a lot of money to be able to win in the arms race. And then there’s the Square from the point of view of the stock, and people say they’re
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Walmart: Cramer awaited another great quarter from Walmart, which he said could be bolstered by online sales. He’ll be listening for two things on the company’s post-earnings conference call: tariff talk, as China is a major source of Walmart’s merchandise, and comments on the state of the U.S. economy. Applied Materials: Semiconductor equipment maker Applied
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Activision Blizzard shares plunged 10 percent in after-hours trading after reporting its third straight quarterly decline in monthly active users. The video game company, which owns the Call of Duty and World of Warcraft franchises, reported 345 million monthly active users, down from 352 million in the previous quarter. The video game company reported 52
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DaVita shares plunged more than 7 percent in premarket trading Thursday, threatening to erase much of the dialysis provider’s gains the day before. The Denver-based company reported late Wednesday quarterly earnings of 56 cents per share on revenue of $2.85 billion, missing Wall Street projections on both. Analysts had expected earnings of 87 cents per
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The world’s largest gaming market has the potential to grow even bigger, according to the head of casino giant MGM. Macau, the gambling haven located in southern China, stands to benefit from the extensive investment being pumped into the Greater Bay Area initiative, James Murren, CEO of MGM Resorts International, told CNBC on Tuesday. That
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Getty Images Twilio Inc. founder and CEO Jeff Lawson (C, in glasses) reacts after ringing the opening bell to celebrate Twilio’s initial public offering, at the New York Stock Exchange, June 23, 2016 in New York City. Twilio shares jumped more than 12 percent on Tuesday after the cloud software company reported third-quarter results that
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