Finance

Check out the companies making headlines midday Thursday: Chipotle Mexican Grill — Shares of Chipotle fell 2% after Jefferies lowered the stock’s rating to hold from buy on Thursday, saying the restaurant chain’s “valuation is full.” Chipotle’s shares have climbed 65% since the start of the year. Tesla —Tesla dipped 3% after a report said

Technology firms aren’t paying their fair share in taxes and it’s time to find a global approach to the problem, German Finance Minister Olaf Scholz told CNBC. “My biggest concern with the tech companies is that they tend to pay taxes nowhere,” Scholz told CNBC’s Annette Weisbach in an interview earlier this week. Google, Amazon,

Check out the companies making headlines after the bell: Shares of Bed Bath & Beyond initially jumped before reversing to trade 6% lower after hours Wednesday following the release of the retailer’s mixed fourth quarter earnings. Bed Bath & Beyond posted earnings per share of $1.20 on revenue of $3.31 billion. Wall Street projected earnings

The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Levi Strauss. Tim Seymour was a buyer of Home Depot. Karen Finerman was a buyer of JPMorgan. Dan Nathan was a seller of the Industrials ETF. Trader disclosure: Pete Najarian is long calls AAL, AMD, ASHR, BP,

Consumer inflation probably got a boost from rising gasoline prices in March, but it should not break out above the subdued pace that encouraged the Federal Reserve to keep interest rates on hold when it met last month. Both the consumer price index and minutes from that March meeting are scheduled to be released Wednesday.

Semiconductor stocks, up sharply this year on hopes for a China trade deal, could face their day of reckoning during earnings season. On Tuesday, chip stocks were being sold in a broader market decline, that saw some other tech names, like Apple and Facebook hold onto gains. The S&P technology sector closed at a record

The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Alphabet. Karen Finerman was a seller of Delta Airlines. Steve Grasso was a buyer of McDonald’s. Dan Nathan was a buyer of Symantec. Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA, ACB, APC, APH,

India heads to the polls starting this week to elect members for the lower house of its Parliament. The outcome, to be announced in May, will determine if Narendra Modi can secure a second term as prime minister. One of the major political opposition groups to Modi’s ruling Bharatiya Janata Party has placed its election

London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related U.K. probe, according to a person familiar with the matter. Authorities are aiming for the bank to settle

Check out the companies making headlines before the bell: Boeing — Boeing said it would cut production of its 737 Max aircraft to 42 per month from 52, as it continues to work to return the aircraft to service following two fatal crashes. In a related story, American Airlines said it would extend cancellations of

Market sentiment is not great for Gulf states at the moment, Deutsche Bank’s Middle East and Africa CEO said Wednesday, acknowledging the concerns that investors have held about the region in recent years. “The private sector across the region, frankly, is still, sentiment-wise, not feeling too positive,” Jamal Al Kishi told CNBC’s Hadley Gamble, discussing

Lyft has threatened litigation against Morgan Stanley, accusing the firm of supporting short-selling for investors who are subject to lock-up agreements. In a letter sent to Morgan Stanley on April 2, Lyft questioned the firm about its alleged role in helping market certain products that would help pre-IPO investors bet against the stock. CNBC reviewed

President Donald Trump’s potential nominations of Stephen Moore and Herman Cain to the Federal Reserve could be the beginning of a politicization of the central bank, according to Barclays’ chief U.S. economist. “When it comes to nominees, most people that get nominated to the board, regardless of what party is in power, they tend to

Herman Cain addressed President Donald Trump’s recent announcement that he wants the former pizza chain CEO and Kansas City Fed chairman to join the Federal Reserve Board. In video posted on Facebook, Cain said that a background check would be “more cumbersome” in his case because he has had an “unusual career.” “They have to

The worst earnings season in nearly three years is about to begin, but stock strategists say the market should be able to look right past declining profits and continue to reach for all-time highs, as long as trade talks between the U.S. and China continue to show progress. Stocks were higher in the past week,

Nielsen, the media research firm famous for its TV ratings, is still contemplating an outright sale, fueled by continued private equity interest, according to people familiar with the matter. Advent International is working with Goldman Sachs Group on a bid, as well as Apollo Global Management, said the people, who asked not to be named

Check out the companies making headlines midday Friday: Boston Beer — The Sam Adams brewer dropped nearly 4% after Goldman Sachs downgraded the stock to sell from buy, citing an intensifying beer market throughout the remainder of 2019. Anheuser-Busch InBev — Shares of Anheuser Busch Inbev rose 1.52% after Bank of America upgraded the beer

U.S. stock futures traded slightly higher Friday, as investors monitored progress in U.S.-China trade talks and looked ahead to upcoming jobs data. As of 01:40 a.m. ET, Dow futures were up 33 points, indicating a higher open of 31, while the S&P 500 and Nasdaq were also in positive territory. On Thursday, the Dow closed

J.P. Morgan Chase CEO Jamie Dimon did not condemn the White House’s decision to face off with China on trade. Even if it’s a drag in the near-term. When asked whether he thought the trade dispute was one we should have entered into, Dimon said “absolutely.” “We’re better off dealing with it now, whatever that

Herman Cain’s appointment as a Federal Reserve governor looks to be moving forward. The former Republican presidential candidate and Godfather’s Pizza CEO was rumored to be under consideration for a central bank appointment in January. Axios first reported Thursday that President Donald Trump is just about ready to submit Cain’s name to the Senate but