Profits We're Afternoon

Take profits on hot IPOs and 'remain grounded' as market soars, Jim Cramer says

CNBC's Jim Cramer told investors not to get greedy and instead take profits in stocks that have run up substantially, including recent IPOs.

CNBC - Dec. 6

Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates

Retailer warns its revenue may fall short of expectations in the coming quarter.

MarketWatch - Dec. 5

El Salvador sits on $300 million-plus profit as bitcoin hits a milestone

The tiny Central American country of El Salvador is now looking at a hefty profit from its bitcoin ambitions, as the cryptocurrency reached $100,000 on Wednesday.

MarketWatch - Dec. 5

Lobbying firm with ties to Trump appears poised to profit from new administration

Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.

ABC News - Dec. 4

We're downgrading a stock on tariff risk — plus, chips and software plays stand out

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

CNBC - Dec. 4

Supermarkets 'putting profits above human rights', MP says after BBC investigation

Supermarkets that appear to be selling products linked to slave labour in China have been criticised following a BBC investigation.

BBC News - Dec. 4

'We're attacked and abused as we try to save lives as paramedics'

Almost 45,000 assaults were recorded by ambulance services across England over the last five years.

BBC News - Dec. 4

Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales

Troubled retailer is moving away from unprofitable sales and offers of free shipping.

MarketWatch - Dec. 3

US blasts countries that ‘stood in the way of progress to protect their profits’ over collapsed plastic talks

The White House criticized a group of oil-rich countries as well as corporations who make money from plastic production in a new statement after global talks for a treaty to reduce plastic waste ...

The Hill - Dec. 3

Hedge funds profit from ‘Trump trades’ around US election

Element Capital and Graham Capital among macro managers that did well out of recent market swings

Financial Times - Dec. 3

Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.

Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration ...