Investing

PepsiCo‘s quarterly numbers Tuesday morning may be a signal for another strong earnings seasons, according to CNBC’s Jim Cramer. “They reported exactly what the bulls wanted,” said Cramer, whose charitable trust owns shares of the New York-based food and beverage company. Pepsi’s stock rose Tuesday after the company reported fiscal second-quarter earnings that beat Wall
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Patrick Kaser, managing director and portfolio manager at Brandywine Global, believes free cash flow is a key determining factor in whether or not a company will be a lucrative investment. Earnings, however, are not always indicative of a successful company. “There are many ways to manipulate earnings, earnings per share, GAAP, non-GAAP, but there’s very
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As America gets set to celebrate its 242nd birthday with multi-colored fireworks bursting in air, the suppliers of those pyrotechnics are starting to worry about whether they’ll get stuck in the middle of a trade war. So far, the Trump administration has not included the $1.24 billion fireworks industry on its list of China tariff
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Casino stocks fell sharply on Monday on weaker-than-expected gaming revenue data out of Macau. Macau’s Gaming Inspection and Coordination Bureau said gaming revenue for June increased by 12.5 percent to $2.78 billion on a year-over-year basis. Analysts polled by Reuters expected revenue to jump between 17 and 21 percent for June. Shares of Wynn Resorts
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