Spike Lee learned a crucial career lesson from his Oscar snub in 1990

He feels the success of “BlacKkKlansman” has prompted a “reassessment of my body of work.” In an interview with GQ, Lee reveals that the script for his latest film came to him via Jordan Peele. “No one should have to think long and hard why Jordan Peele asked me to do this,” he explains. “He’s seen my body of work. Don’t miss: Oscar-winner Barry Jenkins worked at Oprah’s Harpo Films—but it was a job at Banana Republic that launched his film career


He feels the success of “BlacKkKlansman” has prompted a “reassessment of my body of work.” In an interview with GQ, Lee reveals that the script for his latest film came to him via Jordan Peele. “No one should have to think long and hard why Jordan Peele asked me to do this,” he explains. “He’s seen my body of work. Don’t miss: Oscar-winner Barry Jenkins worked at Oprah’s Harpo Films—but it was a job at Banana Republic that launched his film career
Spike Lee learned a crucial career lesson from his Oscar snub in 1990 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: courtney connley, isaiah trickey, getty images, steve granitz, wireimage
Keywords: news, cnbc, companies, snub, work, lesson, long, jordan, think, crucial, oscar, dont, learned, 1990, film, seen, career, lee, body, say, spike


Spike Lee learned a crucial career lesson from his Oscar snub in 1990

Lee, who was awarded an honorary Oscar in 2015, continued, saying, “If I was a musician, I would say the same thing about the Grammys or the Tonys or any of those organizations that give out awards.”

He feels the success of “BlacKkKlansman” has prompted a “reassessment of my body of work.” In an interview with GQ, Lee reveals that the script for his latest film came to him via Jordan Peele.

“No one should have to think long and hard why Jordan Peele asked me to do this,” he explains. “He’s seen my body of work. It’s simple. He’s seen my body of work! I knew he had a list. I don’t know who else was on the list. But I did not find it strange that, ‘Oh, my God! Jordan Peele is asking me to do this?!’ I mean, I knew why he wanted to.”

“BlacKkKlansman,” which was developed by Focus Features, is the first movie that Lee had done with a major studio in more than 10 years. In its first weekend at the box office the film exceeded expectations, grossing close to $11 million.

The 61-year-old director, who considers the film to be just another “Spike Lee Joint,” tells The Washington Post that he also believes the timing of the film, and its subject matter — a black cop who infiltrates the Ku Klux Klan — played a crucial role in its success.

“Timing is everything, and on this film, the stars were in alignment,” says Lee. “I don’t think I tried any harder on this film than others, but there are certain things when you put a film out, when you put a piece of art out in the universe, you have no control after that.”

Lee, who joined an Oscars boycott three years ago after activist April Reign started the #OscarsSoWhite campaign, credits Reign and former Academy President Cheryl Boone Isaacs with helping to diversify the award show nominations. He says there’s still a long way to go when it comes to bringing true change and diversity to Hollywood.

“The long game is the gatekeepers,” says Lee. “These are individuals, a select few, who have quarterly meetings and decide what we’re making and we’re not making.”

He adds that if people of color and women are not in those rooms “then you don’t really have a say, because you’re not in the room to put your hand up, throw a chair or say, ‘What are we doing?'”

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Don’t miss: Oscar-winner Barry Jenkins worked at Oprah’s Harpo Films—but it was a job at Banana Republic that launched his film career


Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: courtney connley, isaiah trickey, getty images, steve granitz, wireimage
Keywords: news, cnbc, companies, snub, work, lesson, long, jordan, think, crucial, oscar, dont, learned, 1990, film, seen, career, lee, body, say, spike


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Nestle expects sales to grow this year

Nestle said it expected its organic sales to rise this year after an improving performance in China and North America helped growth accelerate in 2018 after six years of slowdowns. “We’ve seen slowing GDP (in China), but that has not translated into slowing consumer interest,” he said. Schneider added that Nestle was focusing on a review of its structural costs, which was being done in a way that would protect organic growth. He also told CNBC that the company expected a pricing increase of more


Nestle said it expected its organic sales to rise this year after an improving performance in China and North America helped growth accelerate in 2018 after six years of slowdowns. “We’ve seen slowing GDP (in China), but that has not translated into slowing consumer interest,” he said. Schneider added that Nestle was focusing on a review of its structural costs, which was being done in a way that would protect organic growth. He also told CNBC that the company expected a pricing increase of more
Nestle expects sales to grow this year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: reuters with cnbccom, getty images
Keywords: news, cnbc, companies, sales, schneider, slowing, growth, grow, expects, nestle, seen, think, organic, confectionery, performance


Nestle expects sales to grow this year

Nestle said it expected its organic sales to rise this year after an improving performance in China and North America helped growth accelerate in 2018 after six years of slowdowns.

Demand for packaged foods has suffered from a trend towards healthier eating, and Nestle Chief Executive Mark Schneider is trying to bring the world’s biggest food group back up to speed by improving efficiency and focusing on growth categories.

Organic sales grew 3.0 percent in the full year, accelerating to 3.7 percent in the final quarter, and net profit jumped 42 percent to 10.1 billion Swiss francs ($10.02 billion) benefiting from one-off items, the maker of Kitkat chocolate bars and Nespresso portioned coffee said in a statement on Thursday.

Speaking to CNBC’s Julianna Tatelbaum on Thursday, Schneider said Nestle’s growth was driven by its nutrition business as well as strong performance in the U.S. and China.

“We’ve seen slowing GDP (in China), but that has not translated into slowing consumer interest,” he said. “We’ve seen very solid progress coming out of 2017 and 2018 so I think there’s generally a lot of confidence in the market that we’ll make that (2020) target.”

Schneider added that Nestle was focusing on a review of its structural costs, which was being done in a way that would protect organic growth. He also told CNBC that the company expected a pricing increase of more than 0.5 percent in 2019.

“What we’re seeing – especially after our retreat after the U.S. – is that we have put a whole lot of effort into rejuvenating our product program and that’s clearly paying off. And so no matter what the overall market growth numbers are, I think we are back to gaining share in key markets and across some key confectionery subcategories, and that gives me good hope for 2019 and beyond.”

“We have no plans for further portfolio adjustments in confectionery, we want to win in confectionery,” he added.


Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: reuters with cnbccom, getty images
Keywords: news, cnbc, companies, sales, schneider, slowing, growth, grow, expects, nestle, seen, think, organic, confectionery, performance


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Najib’s 1MDB trial: Delay is a victory but not for long, analyst says

Any remaining political support for former Malaysian Prime Minister Najib Razak could “collapse” once a corruption trial related to the scandal-ridden state fund 1MDB gets underway — despite the ex-leader’s recent attempts to shore up his popularity on social media, an analyst said on Tuesday. The former leader has pleaded not guilty, and the trial for 10 of those charges was supposed to start on Tuesday, but was postponed pending an appeal. But those efforts may be futile because the trial — wh


Any remaining political support for former Malaysian Prime Minister Najib Razak could “collapse” once a corruption trial related to the scandal-ridden state fund 1MDB gets underway — despite the ex-leader’s recent attempts to shore up his popularity on social media, an analyst said on Tuesday. The former leader has pleaded not guilty, and the trial for 10 of those charges was supposed to start on Tuesday, but was postponed pending an appeal. But those efforts may be futile because the trial — wh
Najib’s 1MDB trial: Delay is a victory but not for long, analyst says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: yen nee lee
Keywords: news, cnbc, companies, suspect, 1mdb, trial, media, long, political, support, najibs, victory, social, delay, tasmania, analyst, seen, money, chin


Najib's 1MDB trial: Delay is a victory but not for long, analyst says

Any remaining political support for former Malaysian Prime Minister Najib Razak could “collapse” once a corruption trial related to the scandal-ridden state fund 1MDB gets underway — despite the ex-leader’s recent attempts to shore up his popularity on social media, an analyst said on Tuesday.

Najib, ousted in an election in May last year, is facing more than 40 charges, including criminal breach of trust, money laundering and abuse of power in relation to 1MDB. The former leader has pleaded not guilty, and the trial for 10 of those charges was supposed to start on Tuesday, but was postponed pending an appeal.

The delay could be seen as a “victory” for Najib, whose recent social media activity — which includes releasing a music video — is widely seen by observers as an attempt to engineer a political comeback, said James Chin, director of the Asia Institute Tasmania at the University of Tasmania. But those efforts may be futile because the trial — when it eventually starts — will remind Malaysians of the scale of 1MDB’s alleged money laundering scandal, Chin added.

No new date has been set for the trial, but Reuters reported that a Malaysian prosecutor said the delay could last one or two weeks.

“Very often, the followers on social media and the likes you get on social media [do] not necessarily mean that you can translate that into broad political support in the real world. And also, I suspect that once the trial gets going, once people find out the amount of money involved and also how the money was misused, I suspect the political support will collapse after that,” Chin told CNBC’s “Street Signs” on Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: yen nee lee
Keywords: news, cnbc, companies, suspect, 1mdb, trial, media, long, political, support, najibs, victory, social, delay, tasmania, analyst, seen, money, chin


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Najib’s 1MDB trial: Delay is a victory but not for long, analyst says

Any remaining political support for former Malaysian Prime Minister Najib Razak could “collapse” once a corruption trial related to the scandal-ridden state fund 1MDB gets underway — despite the ex-leader’s recent attempts to shore up his popularity on social media, an analyst said on Tuesday. The former leader has pleaded not guilty, and the trial for 10 of those charges was supposed to start on Tuesday, but was postponed pending an appeal. But those efforts may be futile because the trial — wh


Any remaining political support for former Malaysian Prime Minister Najib Razak could “collapse” once a corruption trial related to the scandal-ridden state fund 1MDB gets underway — despite the ex-leader’s recent attempts to shore up his popularity on social media, an analyst said on Tuesday. The former leader has pleaded not guilty, and the trial for 10 of those charges was supposed to start on Tuesday, but was postponed pending an appeal. But those efforts may be futile because the trial — wh
Najib’s 1MDB trial: Delay is a victory but not for long, analyst says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: yen nee lee
Keywords: news, cnbc, companies, najibs, seen, long, 1mdb, chin, social, trial, victory, tasmania, media, suspect, political, money, analyst, delay, support


Najib's 1MDB trial: Delay is a victory but not for long, analyst says

Any remaining political support for former Malaysian Prime Minister Najib Razak could “collapse” once a corruption trial related to the scandal-ridden state fund 1MDB gets underway — despite the ex-leader’s recent attempts to shore up his popularity on social media, an analyst said on Tuesday.

Najib, ousted in an election in May last year, is facing more than 40 charges, including criminal breach of trust, money laundering and abuse of power in relation to 1MDB. The former leader has pleaded not guilty, and the trial for 10 of those charges was supposed to start on Tuesday, but was postponed pending an appeal.

The delay could be seen as a “victory” for Najib, whose recent social media activity — which includes releasing a music video — is widely seen by observers as an attempt to engineer a political comeback, said James Chin, director of the Asia Institute Tasmania at the University of Tasmania. But those efforts may be futile because the trial — when it eventually starts — will remind Malaysians of the scale of 1MDB’s alleged money laundering scandal, Chin added.

No new date has been set for the trial, but Reuters reported that a Malaysian prosecutor said the delay could last one or two weeks.

“Very often, the followers on social media and the likes you get on social media [do] not necessarily mean that you can translate that into broad political support in the real world. And also, I suspect that once the trial gets going, once people find out the amount of money involved and also how the money was misused, I suspect the political support will collapse after that,” Chin told CNBC’s “Street Signs” on Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: yen nee lee
Keywords: news, cnbc, companies, najibs, seen, long, 1mdb, chin, social, trial, victory, tasmania, media, suspect, political, money, analyst, delay, support


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A TV actor who played Ukraine’s president could now become the actual president

A Ukrainian comedy actor who played the country’s president in a hit TV show is being taken seriously as a contender in Ukraine’s presidential election in March. Actor, screenwriter, comedian and director Volodymyr Zelensky is an anti-establishment candidate who has been riding high in opinion polls ahead of the vote on March 31 and is a possible winner, experts say. In all there are 44 presidential candidates but only a handful are seen with any chance of making it through the first round of vo


A Ukrainian comedy actor who played the country’s president in a hit TV show is being taken seriously as a contender in Ukraine’s presidential election in March. Actor, screenwriter, comedian and director Volodymyr Zelensky is an anti-establishment candidate who has been riding high in opinion polls ahead of the vote on March 31 and is a possible winner, experts say. In all there are 44 presidential candidates but only a handful are seen with any chance of making it through the first round of vo
A TV actor who played Ukraine’s president could now become the actual president Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: holly ellyatt, sergiy gudak, afp, getty images, yuri, dyachyshyn, yuriy dyachyshyn
Keywords: news, cnbc, companies, polls, president, vote, presidential, zelensky, series, actual, ukraine, ukrainian, actor, played, tv, seen, ukraines


A TV actor who played Ukraine's president could now become the actual president

A Ukrainian comedy actor who played the country’s president in a hit TV show is being taken seriously as a contender in Ukraine’s presidential election in March.

Actor, screenwriter, comedian and director Volodymyr Zelensky is an anti-establishment candidate who has been riding high in opinion polls ahead of the vote on March 31 and is a possible winner, experts say.

The latest poll by BDM conducted at the start of February shows Zelensky with 17 percent of the vote, trailing opposition leader (and ex-prime minister) Yulia Tymoshenko who polls with 21.3 percent of the vote. Both candidates are ahead of the third horse in the race, incumbent President Petro Poroshenko, who is seen with 10.8 percent of the vote, the poll of over 4,000 people showed.

In all there are 44 presidential candidates but only a handful are seen with any chance of making it through the first round of voting.

Zelensky, 41, has tapped into popular discontent in Ukraine and is already a well-known figure in Ukraine, having played the part of the president in hit TV sitcom, “Servant of the People,” a series that was later picked up by Netflix.

In the show, Zelensky plays a history teacher whose anti-government rant goes viral, leading him to win an election and become president (while trying to avoid the trappings of a president’s life). The series enjoyed huge popularity for its lampooning of government and politicians. Like his character in the series, Zelensky has said he would focus on tackling corruption in Ukraine if he took office. He is not without controversy, however, because of his own business links to Ukrainian oligarch Igor Kolomoyskyi – something his opponents have been quick to seize upon.


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: holly ellyatt, sergiy gudak, afp, getty images, yuri, dyachyshyn, yuriy dyachyshyn
Keywords: news, cnbc, companies, polls, president, vote, presidential, zelensky, series, actual, ukraine, ukrainian, actor, played, tv, seen, ukraines


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Cramer Remix: I’ve never seen a CEO pull off this high-wire act in the long term

“Keeping both groups happy is a real high-wire act — in all honesty, I’ve never seen a CEO be able to pull it off for an extended period,” he said. “Multiple analysts excoriated them … for spending like a drunken sailor with no end in sight,” Cramer said on “Mad Money.” “However, what really threw me was a question tossed out by a very good analyst, Brent Thill from Jefferies.” Thill, a top tech analyst, asked management what they planned to do with the company’s huge cash hoard. Click here fo


“Keeping both groups happy is a real high-wire act — in all honesty, I’ve never seen a CEO be able to pull it off for an extended period,” he said. “Multiple analysts excoriated them … for spending like a drunken sailor with no end in sight,” Cramer said on “Mad Money.” “However, what really threw me was a question tossed out by a very good analyst, Brent Thill from Jefferies.” Thill, a top tech analyst, asked management what they planned to do with the company’s huge cash hoard. Click here fo
Cramer Remix: I’ve never seen a CEO pull off this high-wire act in the long term Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-05  Authors: elizabeth gurdus, tyler clifford, getty images, scott mlyn, michael nagle, bloomberg
Keywords: news, cnbc, companies, spending, ive, cramer, highwire, profitable, question, management, long, cash, act, ceo, pull, term, remix, seen, tech


Cramer Remix: I've never seen a CEO pull off this high-wire act in the long term

Cramer Remix: I’ve never seen a CEO pull off this high-wire act in the long term 8 Hours Ago | 01:05

CNBC’s Jim Cramer has concluded that running a profitable, growing business in this market is kind of like walking a tightrope, with value investors who want to see cost-cutting on one side and growth investors who want to see spending on the other.

“Keeping both groups happy is a real high-wire act — in all honesty, I’ve never seen a CEO be able to pull it off for an extended period,” he said.

What set him off on Tuesday? Google parent Alphabet’s Monday night conference call, in which the technology giant’s management team went over its fourth-quarter earnings report with shareholders and Wall Street analysts.

“Multiple analysts excoriated them … for spending like a drunken sailor with no end in sight,” Cramer said on “Mad Money.” “However, what really threw me was a question tossed out by a very good analyst, Brent Thill from Jefferies.”

Thill, a top tech analyst, asked management what they planned to do with the company’s huge cash hoard. He pointed out that it “has doubled in the last five years to $109 billion” despite Alphabet’s deal activity being much lower than that of its peers.

“Alphabet was circumspect with its answer, but I think Brent’s question cuts to the core dilemma of being a big, profitable growth company, because, in a way, all of that cash can be a curse,” Cramer said.

Click here for more on why big tech companies get flak for their cash — and what they can do about it.


Company: cnbc, Activity: cnbc, Date: 2019-02-05  Authors: elizabeth gurdus, tyler clifford, getty images, scott mlyn, michael nagle, bloomberg
Keywords: news, cnbc, companies, spending, ive, cramer, highwire, profitable, question, management, long, cash, act, ceo, pull, term, remix, seen, tech


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Dow futures seen slightly lower; Alphabet set to report earnings

U.S. stock index futures were slightly lower Monday morning, as market participants awaited another batch of quarterly corporate results. ET, Dow Jones Industrial Average futures slipped 15 points, indicating a negative open of more than 36 points. A U.S. Labor Department report on Friday showed nonfarm payrolls jumped by 304,000 last month — the largest gain since February 2018. In corporate news, Alexion Pharma, Clorox and Sysco are among the major companies scheduled to report their latest re


U.S. stock index futures were slightly lower Monday morning, as market participants awaited another batch of quarterly corporate results. ET, Dow Jones Industrial Average futures slipped 15 points, indicating a negative open of more than 36 points. A U.S. Labor Department report on Friday showed nonfarm payrolls jumped by 304,000 last month — the largest gain since February 2018. In corporate news, Alexion Pharma, Clorox and Sysco are among the major companies scheduled to report their latest re
Dow futures seen slightly lower; Alphabet set to report earnings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: sam meredith
Keywords: news, cnbc, companies, figures, slightly, dow, latest, alphabet, lower, set, corporate, earnings, index, largest, seen, week, markets, futures, points, report


Dow futures seen slightly lower; Alphabet set to report earnings

U.S. stock index futures were slightly lower Monday morning, as market participants awaited another batch of quarterly corporate results.

At around 3:00 a.m. ET, Dow Jones Industrial Average futures slipped 15 points, indicating a negative open of more than 36 points. Futures of the S&P and Nasdaq were also seen relatively downbeat.

The moves in pre-market trade come after a surge in optimism on Wall Street at the end of last week. A U.S. Labor Department report on Friday showed nonfarm payrolls jumped by 304,000 last month — the largest gain since February 2018.

The jobs report, along with better-than-expected manufacturing figures, pointed to underlying strength in the world’s largest economy.

Trading was subdued on Monday, with many regional markets in Asia closed for the Lunar New Year. China’s financial markets are closed all week, with South Korea’s index set to reopen on Thursday.

On the data front, investors are likely to monitor factory orders figures for November at around 10:00 a.m. ET.

In corporate news, Alexion Pharma, Clorox and Sysco are among the major companies scheduled to report their latest results before the opening bell. Alphabet, Gilead Sciences and Seagate Technology are all expected to publish their latest figures after the bell.


Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: sam meredith
Keywords: news, cnbc, companies, figures, slightly, dow, latest, alphabet, lower, set, corporate, earnings, index, largest, seen, week, markets, futures, points, report


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Stocks had their best January in 32 years, but technical analyst warns about these two factors

Stocks just had their best January since 1987, but can it continue? Gibbs believes investors once again have an appetite for stocks, but she’s not predicting an outsized gain for the year. He believes two key factors could spell trouble ahead: a slowdown in small caps and a surge in gold. The small caps index is still 18 percent from its recent high level, compared with 9 percent for the S&P 500. Along that line, Cappelleri suggests that gold’s move higher could be another warning sign for stock


Stocks just had their best January since 1987, but can it continue? Gibbs believes investors once again have an appetite for stocks, but she’s not predicting an outsized gain for the year. He believes two key factors could spell trouble ahead: a slowdown in small caps and a surge in gold. The small caps index is still 18 percent from its recent high level, compared with 9 percent for the S&P 500. Along that line, Cappelleri suggests that gold’s move higher could be another warning sign for stock
Stocks had their best January in 32 years, but technical analyst warns about these two factors Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-01  Authors: pippa stevens, david eulitt, getty images, johannes eisele, afp, david paul morris, bloomberg, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, technical, smallcap, analyst, caps, trading, best, investors, 32, small, warns, sp, factors, stocks, market, seen, cappelleri


Stocks had their best January in 32 years, but technical analyst warns about these two factors

Stocks just had their best January since 1987, but can it continue? 19 Hours Ago | 03:36

It seems that December and its dramatic drop for stocks — it was the S&P’s worst December since 1931 — is firmly in the rear-view mirror.

The S&P just posted its best January since 1987. While the market’s whipsaws may leave some investors exhausted and wanting to stick to the sidelines, one market watcher says there’s more upside ahead and now’s the time to buy.

“A lot of what happened in the fourth quarter of last year was just massive fear, and so we’ve seen that sort of being flushed slowly out of the market. So far this recovery makes sense to us and we do see potential for further appreciation,” S&P Global’s Erin Gibbs said Thursday on CNBC’s “Trading Nation.”

The S&P rose nearly 8 percent in January, lifted by better-than-expected earnings and a dovish tone from Federal Reserve chairman Jerome Powell.

Gibbs believes investors once again have an appetite for stocks, but she’s not predicting an outsized gain for the year.

“Certainly not what we may have seen in the past couple of years,” she said, referring to her expectations for the S&P this year. “Even when you’ve got mid-single digits on both your top and bottom lines it tends to be a nice, healthy year, and so we see this as continuing.”

Instinet’s Frank Cappelleri, on the other hand, is more skeptical. He believes two key factors could spell trouble ahead: a slowdown in small caps and a surge in gold.

The S&P 600, which tracks small-cap U.S. companies, outperformed the S&P 500 last month, but Cappelleri points out that this isn’t the whole story. The small caps index is still 18 percent from its recent high level, compared with 9 percent for the S&P 500.

He also looks at the advance/decline lines for both indexes to gauge overall sentiment about the markets. Cappelleri uses it to show that although the more speculative small-cap index is outpacing its larger counterpart for the year, its rally since its lows hasn’t been as strong.

Buying in small caps can indicate that investors have a higher tolerance for risk, so a slowdown in overall performance could mean investors might be looking to rotate out of stocks and into “safer” trades.

Along that line, Cappelleri suggests that gold’s move higher could be another warning sign for stocks.

“Since August of last year, it has really been the most persistent asset class out there,” said Cappelleri. “Think about what’s happened during that time. Gold started rallying before the market crash, during, and now after. It really hasn’t lost a step. So it’s kind of something we haven’t seen in a long time, when you have both equities and gold going up together.”

The commodity, often considered a safety trade, surged to its highest level since April during Thursday’s trading session. It closed out January with a 3 percent gain and its fourth-straight positive month.

“Could be an isolated event, could mean something more,” Cappelleri said of the asset classes moving in lockstep, adding that it’s something to “focus on” going forward.

Correction: This story was revised to correct that Cappelleri’s 18 percent comment was referring to the S&P 600’s decline from its recent high.


Company: cnbc, Activity: cnbc, Date: 2019-02-01  Authors: pippa stevens, david eulitt, getty images, johannes eisele, afp, david paul morris, bloomberg, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, technical, smallcap, analyst, caps, trading, best, investors, 32, small, warns, sp, factors, stocks, market, seen, cappelleri


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GE shares are soaring on earnings. Jim Cramer and two other experts weigh in on what’s next

General Electric surged Thursday for its best day since March 2009 after the company’s earnings beat Wall Street’s expectations. • When it comes to that cash flow, CNBC’s Jim Cramer has some questions. Despite questioning GE’s cash flow and doubting that it will try to raise money by issuing more shares, Cramer thinks Culp’s approach is on the right track. “I think the healthcare decision is a wise one, I think that Culp is really on target here, but I don’t have a catalyst. I do think that this


General Electric surged Thursday for its best day since March 2009 after the company’s earnings beat Wall Street’s expectations. • When it comes to that cash flow, CNBC’s Jim Cramer has some questions. Despite questioning GE’s cash flow and doubting that it will try to raise money by issuing more shares, Cramer thinks Culp’s approach is on the right track. “I think the healthcare decision is a wise one, I think that Culp is really on target here, but I don’t have a catalyst. I do think that this
GE shares are soaring on earnings. Jim Cramer and two other experts weigh in on what’s next Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: tyler bailey, natalie zhang, aly song, david paul morris, bloomberg, getty images, sebastien bozon, afp, lucas jackson, oliiva michael
Keywords: news, cnbc, companies, whats, shares, business, think, soaring, experts, money, ge, flow, cash, culp, needs, seen, jim, earnings, cramer, weigh


GE shares are soaring on earnings. Jim Cramer and two other experts weigh in on what's next

General Electric surged Thursday for its best day since March 2009 after the company’s earnings beat Wall Street’s expectations. The long-embattled stock was up as much as 18 percent at the highs of the session, cracking the $10 mark for the first time since November.

Here’s what three experts have to say about the GE turnaround:

• Harbor Advisory CIO Jack De Gan said GE needs to convince investors that the bottom is in and the future is stable: “I think what Larry Culp needs to do is give investors some confidence that we’re at or near the bottom in the power business, and that he’s got a strategy to carry the business through what could be a modest secular decline, but getting the margins that he needs to bring back some earnings and some cash flow.”

• When it comes to that cash flow, CNBC’s Jim Cramer has some questions. “I think that you’re going to conclude that they need money. And where’s the money going to come from?” asked Cramer. Despite questioning GE’s cash flow and doubting that it will try to raise money by issuing more shares, Cramer thinks Culp’s approach is on the right track. “I think the healthcare decision is a wise one, I think that Culp is really on target here, but I don’t have a catalyst. I wonder if they’re using JPMorgan for some of this business.”

• Steve Grasso, director of institutional sales at Stuart Frankel and a CNBC “Fast Money” trader, believes that the tide is turning for GE and substantive improvements are on the horizon as a result of a change in philosophy brought about by CEO Larry Culp. “He’s been given the benefit of the doubt,” said Grasso of Culp, “and we haven’t really seen that ‘kitchen sink’ approach that we’ve seen so many times before. I do think that this is the first step of, hopefully, many more positive steps for GE. You can’t imagine it getting worse than it was a handful of months ago.”

GE is up nearly 40 percent so far this year.


Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: tyler bailey, natalie zhang, aly song, david paul morris, bloomberg, getty images, sebastien bozon, afp, lucas jackson, oliiva michael
Keywords: news, cnbc, companies, whats, shares, business, think, soaring, experts, money, ge, flow, cash, culp, needs, seen, jim, earnings, cramer, weigh


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Hong Kong tops ‘economic freedom’ chart despite political pressure from Beijing

Hong Kong came in first in an annual ranking of the world’s most “economically free” countries, topping the chart for the 25th straight year, according to a U.S. think tank. That’s a “remarkable achievement,” said Edwin Feulner, founder of The Heritage Foundation, which co-published the 2019 Index of Economic Freedom with The Wall Street Journal. Hong Kong’s achievement is even more impressive considering the fact that the city has come under increasing political pressure from Beijing in recent


Hong Kong came in first in an annual ranking of the world’s most “economically free” countries, topping the chart for the 25th straight year, according to a U.S. think tank. That’s a “remarkable achievement,” said Edwin Feulner, founder of The Heritage Foundation, which co-published the 2019 Index of Economic Freedom with The Wall Street Journal. Hong Kong’s achievement is even more impressive considering the fact that the city has come under increasing political pressure from Beijing in recent
Hong Kong tops ‘economic freedom’ chart despite political pressure from Beijing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-30  Authors: abigail ng, anthony wallace, afp, getty images
Keywords: news, cnbc, companies, tops, hong, political, despite, chart, seen, free, freedom, country, kong, systems, index, protests, number, feulner, pressure, economic, beijing


Hong Kong tops 'economic freedom' chart despite political pressure from Beijing

Hong Kong came in first in an annual ranking of the world’s most “economically free” countries, topping the chart for the 25th straight year, according to a U.S. think tank.

That’s a “remarkable achievement,” said Edwin Feulner, founder of The Heritage Foundation, which co-published the 2019 Index of Economic Freedom with The Wall Street Journal.

An economically free society is defined as an environment where individuals can work, produce, consume and invest in any way they please, and governments allow workers, money flows, and goods to move freely.

Hong Kong’s achievement is even more impressive considering the fact that the city has come under increasing political pressure from Beijing in recent years.

As a special administrative region of China, Hong Kong operates under the “one country, two systems” framework which allows the territory to enjoy a certain degree of autonomy not seen on the mainland.

But since the pro-democracy protests of 2014, which saw tens of thousands march through the streets and paralyze parts of the financial hub for weeks, Hong Kong has seen more and more protests against Chinese interference. That’s in turn prompted Beijing to harden its stance on dissent in the territory.

Hong Kong is still “clearly number one,” Feulner told CNBC’s Akiko Fujita on Squawk Box Monday. “It is the only country in the world that scored above 90 in our index — a 100 being perfect — and it’s 90.2.”

“I mean here is one country, two systems — Hong Kong number one, China 100,” Feulner said, highlighting the territory’s independence from the mainland.


Company: cnbc, Activity: cnbc, Date: 2019-01-30  Authors: abigail ng, anthony wallace, afp, getty images
Keywords: news, cnbc, companies, tops, hong, political, despite, chart, seen, free, freedom, country, kong, systems, index, protests, number, feulner, pressure, economic, beijing


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