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Attention America: Jamie Dimon Says We're All Being Manipulated This Election Season
Monday, June 6, 2016 - 10:46am | 315Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE: JPM), recently talked politics and Abraham Lincoln with CNNMoney’s Poppy Harlow in Detroit. “[The election]...is breeding of mistrust and misunderstanding...there is scapegoating and finger pointing,” said Dimon on the...
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The Number Of Countries Ditching U.S. Debt Just Hit Highest Level Ever Recorded
Thursday, March 17, 2016 - 3:08pm | 199Foreign central banks and government institutions sold $57.2 billion of U.S. Treasury debt and other notes in January, up from $48 billion in December, according a report on CNN Money. The report claims that this is the highest monthly tally on record going back to 1978. It's part of a...
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CBS No Longer Talking To Apple About Streaming TV, Report Says
Thursday, February 11, 2016 - 5:16pm | 365Last year, CBS Corporation (NYSE: CBS)’s CEO Les Moonves made several declarations regarding his company’s relationship with Apple Inc. (NASDAQ: AAPL). On repeated occasions, he assured that the mass media firm was in conversations with the tech behemoth, about the latter’s...
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Chinese Yuan Could Fall Another 2.8% In 2015 And 17.8% By Year End 2016
Tuesday, September 15, 2015 - 4:29pm | 452According to a survey of economists conducted by CNNMoney, the Chinese yuan could fall another 2.8 percent – versus the U.S. dollar – by the end of the year. The currency is already down 2.6 percent since the beginning of 2015. Economists are worried this could impact other Asian...
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Paul La Monica: 'No Matter How You Slice It,' Apple's Stock Is 'Dirt Cheap'
Friday, July 24, 2015 - 2:51pm | 411Paul La Monica is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Discussing tech stocks during Friday's edition of Benzinga's #PreMarket Prep, Paul La Monica argued that...
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Why Amazon Is Risky And Pricey, But Hard To Bet Against
Friday, July 24, 2015 - 1:09pm | 391Paul La Monica is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. CNNMoney Digital Correspondent Paul La Monica said on today's Benzinga #PreMarket Prep that yesterday's...
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CVS Photo Site Reportedly Hacked: Everything You Need To Know
Friday, July 17, 2015 - 1:43pm | 530CBS Health Corp (NYSE: CVS)'s photo website, CVSPhoto.com, may have been hacked on Friday. CNBC reporter Eamon Javers tweeted at 12:34 p.m. ET that, "CVS is "temporarily shutting down access to online + related mobile photo services" after apparent vendor hack." A CVS...
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Nintendo President Satoru Iwata Dies Of Bile Duct Cancer
Monday, July 13, 2015 - 6:35am | 287Nintendo Co., Ltd (ADR) (OTC: NTDOY) President Satoru Iwata has passed away at age 55. The company, which is famous for creating the "Super Mario Bros.," "Legend of Zelda" and "Pokemon" franchises, released a statement announcing his death on Sunday: "...
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Exclusive: 2 Experts Discuss Fake Avon SEC Filing
Friday, May 15, 2015 - 4:03pm | 400Paul La Monica was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. CNNMoney Digital Correspondent Paul La Monica discussed Thursday's unusual scenario where a suspicious SEC filing revealed a firm by the name PTG Capital offered...
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Is Apple Becoming A One-Trick Pony?
Friday, May 15, 2015 - 12:39pm | 264Paul La Monica was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. CNNMoney Digital Correspondent Paul La Monica talked about Apple Inc. (NASDAQ: AAPL) on the show. La Monica suggested that Apple risks becoming a “one-trick...
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These Analysts Call The Apple Watch An 'Object Of Utility, Affection And Luxury'
Tuesday, March 3, 2015 - 11:01am | 320Oppenheimer commented on the Apple Inc. (NASDAQ: AAPL) Watch on Tuesday. The firm also raised its price target from $130 to $155 and maintained an Outperform rating on the stock. See Also: Oppenheimer: Apple Watch Will Lead Sales, Price Higher Analysts Andrew Uerkwitz and Martin Yang...
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Paul La Monica Suggests General Electric 'Isn't The Bellwether It Once Was'
Wednesday, January 28, 2015 - 2:26pm | 393CNNMoney correspondent Paul La Monica was a guest on Benzinga's #PreMarket Prep recently and discussed why General Electric Company (NYSE: GE) is no longer "the bellwether it once was." La Monica cited the company's fourth-quarter report, which included an earnings per...
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American Apparel Pops Amid Report It's Reviewing 'Strategic Options'
Friday, December 26, 2014 - 11:12am | 142Shares of American Apparel Inc (NYSE: APP) traded higher Friday following a report that the company is weighing “strategic options.” Sources told CNNMoney that the troubled retailer hired Moelis as an advisor on a range of potential options. In addition, the company recently "...
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Apple's iPod Antitrust Lawsuit Is Full Of Great Steve Jobs Quotes: Here's The Top 4
Saturday, December 6, 2014 - 1:28pm | 535Apple Inc. (NASDAQ: AAPL) headed back to court this week to fight a case involving the iPod and its inability to play music from competing services. Six months before his death in October 2011, Apple co-founder Steve Jobs taped a video deposition for use at a later date. Now that the trial is...
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Uber's Embarrassing PR Problems Haven't Affected Its Valuation
Tuesday, November 18, 2014 - 1:09pm | 598On its surface, Uber looks like a star. The company is valued at roughly $18 billion, making it one of the hottest startups in the world. Investors have poured more than $1 billion into the firm, hoping to benefit from an industry that challenges traditional taxis. Lyft, Uber's nearest...