Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Cramer is sticking with stocks despite the new…
CNBC's Jim Cramer said Monday that investors should not overreact to the new strain of Covid-19 in the United Kingdom, criticizing that country's response to the pandemic and pointing to positive news about U.S. companies…
BET founder hopes GOP keeps Senate, sees divided…
Robert Johnson, founder of Black Entertainment Television, told CNBC on Thursday that he hopes the Republican party keeps control of the U.S. Senate in order to provide a counterbalance to proposals from Democrats."I think balanced…
Fed raises its economic outlook slightly, sees 4.2%…
The Federal Reserve dialed up its economic expectations slightly for the end of this year as well as for 2021, according to the central bank's Summary of Economic Projections released on Wednesday.The central bank now…
BlackRock takes equities to overweight for 2021, sees…
BlackRock has raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines.The firm is raising equities from neutral on a tactical basis,…
Starboard Value sees big return in this infrastructure…
Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP.Chris Goodney | Bloomberg | Getty ImagesStarboard Value hit an unexpected stumbling block in its activist campaign in AECOM when one of the…
Stanley Druckenmiller says he wouldn’t want to be…
Stanley DruckenmillerAnjali SundaramBillionaire investor Stanley Druckenmiller advised investors against being short the stock market as positive news on the coronavirus front has jolted a big rotation out of growth and into value names."It's nuanced, but…
Mario Gabelli sees ‘extraordinarily good’ U.S. economic growth…
Mario GabelliScott Mlyn | CNBCInvestor Mario Gabelli struck a positive note on Tuesday on the U.S. economy even as coronavirus cases in the country are on the rise.More than 8 million coronavirus cases have been…
CEO of world’s biggest money manager sees ‘more…
BlackRock Chairman and CEO Larry Fink told CNBC on Tuesday the stock market can continue to move higher, adding to the strong rebound in recent months after the coronavirus-driven sell-off earlier this year."I believe we still have more…