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Dow, S&P 500 Close At Record Highs To Kick Off Thanksgiving Week
Monday, November 24, 2014 - 5:49pm | 796U.S. stocks were mostly higher on Monday to kick off the shortened trading week that will pause on Thursday and close at 1 p.m. ET on Friday for Thanksgiving. Speaking to CNBC, bond guru Jeffrey Gundlach said that the Federal Reserve may raise its rates in 2015, but not for fundamental reasons...
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Carl Icahn Believes That A Correction Is Coming
Thursday, October 9, 2014 - 1:39pm | 142In an interview with Scott Wapner on CNBC, Carl Icahn said that he is worried about the economy and that he believes that a correction is definitely coming. Icahn has been concerned about the economy for a year or so because he thinks that it is not possible to keep the economy up just with the...
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Scott Wapner Believes That Bill Ackman Is Increasing His Short Position In Herbalife
Sunday, August 24, 2014 - 7:19pm | 192Speaking on CNBC, Scott Wapner said that Bill Ackman is "pressing his short" in Herbalife (NYSE: HLF). He explained that back in January, somebody bought a big quantity of put options with January 2015 expiration and a $50 strike in Herbalife, and many traders believe that Bill...
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Mark Cuban Critical of CNBC's Interview of Manoj Narang
Tuesday, April 1, 2014 - 2:04pm | 273Mark Cuban has been tweeting up a storm following CNBC's interview with Manoj Narang, founder and CEO of Tradeworx, a high-frequency trading company. Cuban told Scott Wapner the segment was “not his best interview,” and also pointed out Narang, who referred people the the SEC website, also wrote...
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Benzinga Market Primer: Tuesday, August 13: Futures Higher On Japan, Eurozone
Tuesday, August 13, 2013 - 6:43am | 1146Futures Higher On Japan, Eurozone U.S. equity futures traded higher overnight on reports out of Japan and the eurozone. Japan may look to cut corporate taxes following the weak GDP print Monday and eurozone data showed improvement early Tuesday, both acting as factors in the early morning rally....
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Chapman Says You Should Own Herbalife Even In The Low $60s (HLF)
Wednesday, July 31, 2013 - 1:04pm | 361Robert Chapman of Chapman Capital came onto CNBC to talk to Scott Wapner Wednesday afternoon about his position in Herbalife (NYSE: HLF). Here are some highlights from the interview: His Portfolio Herbalife constitutes the largest position of all his portfolios Some Clients have as...
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Herbalife Shares Charge Higher Amid Rumor George Soros Going Long (HLF)
Wednesday, July 31, 2013 - 11:41am | 240Shares of Herbalife (NYSE: HLF) spiked over the $64 level in Wednesday's late-morning trading session following a report from CNBC's Scott Wapner George Soros has taken a "large" stake in the company. The stock had been trading up more than four percent ahead of the CNBC headline, jumping another...
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Bill Ackman Needs Herbalife to Report Disappointing Earnings Monday (HLF)
Monday, July 29, 2013 - 9:21am | 488Herbalife (NYSE: HLF) will report earnings on Monday and it’s safe to say that few will be watching more closely than Bill Ackman. The company is expected to report EPS of $1.18—a year over year increase of 7.3 percent and $1.16 billion in revenue—up 12.4 percent from one year ago. Although the...
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Carl Icahn Cracks Up Crowd at Delivering Alpha (IEP)
Wednesday, July 17, 2013 - 5:49pm | 142In a face to face interview at CNBC's Delivering Alpha conference, Carl Icahn, the majority shareholder of Icahn Enterprises (NYSE: IEP), had the crowd in stitches after some of his comments. Here are some of the more humorous highlights: After Scott Wapner asked him why he had been so actively...