Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Jim Cramer Breaks Down Canopy Growth and Martha Stewart, GDP Numbers and JCP

Video Credit: The Street - Duration: 13:34s - Published < > Embed
Jim Cramer Breaks Down Canopy Growth and Martha Stewart, GDP Numbers and JCP

Jim Cramer Breaks Down Canopy Growth and Martha Stewart, GDP Numbers and JCP

It's almost Friday... Good Morning, GDP The U.S. economy slowed to a 2.6% annual growth rate in the fourth quarter, as the stimulus faded from President Donald Trump's late-2017 tax cuts and consumers reined in spending amid nagging uncertainty over his policies, from the trade war with China to the longest-ever government shutdown.

The latest report was delayed by a month due to the worker furloughs caused by the government shutdown, reported TheStreet's Brad Keoun.

J.C.

Penney's Beat Real Money's Stock of the Day, J.C.

Penney , posted stronger-than-expected fourth quarter earnings Thursday and said it expects to be free-cash-flow positive in the coming year.

J.C.

Penney said earnings for the three months ending on February 2 came in at 18 cents per share, down 68% from the same period last year but 7 cents ahead of the consensus Street forecast.

Group sales were pegged at $3.67 billion, the company said, down 8.9% from last year and just shy of the $3.78 billion consensus collected by Refinitiv.

J.C.

Penney also said same-store sales fell 4% from the same period last year, a figure that beat the 4.3% analysts' estimate.

Canopy Growth's Bringing on Martha Stewart Canopy Growth announced Thursday that Martha Stewart would be joining the cannabis company in an advisory role to help drive interest in hemp-derived CBD products.

Canopy Growth said it hopes to tap into Stewart's "deep understanding of what consumers in the United States and around the world want," as the Canadian weed company pushes itself into the mainstream, TheStreet's Tony Owusu reported.

"As soon as you hear the name Martha, you know exactly who we're talking about," said Canopy Growth Chairman and co-CEO Bruce Linton.

"Martha is one of a kind and I am so excited to be able to work alongside this icon to sharpen our CBD product offerings across categories from human to animal." Related.

Jim Cramer: My Best Stock Picks for Cannabis and China Watch Jim Cramer's Daily NYSE Show and Replays Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Jim Cramer Analyzes CAT, CVX, DIS, DWDP, GS, HD, IBM and MCD In Real Time [Video]Jim Cramer Analyzes CAT, CVX, DIS, DWDP, GS, HD, IBM and MCD In Real Time

This is worth watching. Jim Cramer, TheStreet's Founder and Action Alerts Plus Portfolio Manager, has always touted that one of his biggest strengths is his ability to tell a 'good tape' from a 'bad..

Credit: The Street     Duration: 01:12Published

Jim's Quick Takes on Comcast, 3M and Southwest Earnings [Video]Jim's Quick Takes on Comcast, 3M and Southwest Earnings

Leave it to Jim Cramer to master a speed round ... He gives one takeaway from Comcast , 3M , and Southwest Airlines earnings report in under 60 seconds. These companies released their quarterly..

Credit: The Street     Duration: 00:40Published

Jim Cramer: Elon Musk is the Master Deflector [Video]Jim Cramer: Elon Musk is the Master Deflector

Tesla lost $702 million in the first quarter of 2019. The company also reported that it generated $4.5 billion in revenue for the quarter, which is down from $7.2 billion in the previous quarter, but..

Credit: The Street     Duration: 01:37Published

Jim Cramer Breaks Down Facebook Earnings [Video]Jim Cramer Breaks Down Facebook Earnings

Facebook is expecting a fine of between $3 billion to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy. The announcement was..

Credit: The Street     Duration: 02:54Published

Cramer Recap: Facebook, Tesla, Comcast Earnings and More [Video]Cramer Recap: Facebook, Tesla, Comcast Earnings and More

This morning we had earnings from Facebook , Microsoft , Tesla , 3M , Comcast , Southwest and more. Jim Cramer and ActionAlertsPlus.com research analyst Zev Fima are back to break down what it..

Credit: The Street     Duration: 08:08Published

Investing Lesson: Be Careful With FAANG Earnings [Video]Investing Lesson: Be Careful With FAANG Earnings

Thinking of buying a FAANG name or two before the earnings come out? Be really careful. Earnings expectations aren't incredibly high for the FAANG companies for the first quarter of 2019 (same deal..

Credit: The Street     Duration: 02:31Published

Facebook, Microsoft, PayPal Earnings: Jim Cramer Is Eyeing These Key Metrics [Video]Facebook, Microsoft, PayPal Earnings: Jim Cramer Is Eyeing These Key Metrics

Facebook , Microsoft , and PayPal all report earnings after the bell on Wednesday. Jim Cramer breaks down the key metric that Jim Cramer is keeping his eye on when these companies report. Facebook..

Credit: The Street     Duration: 01:01Published

Occidental Vs. Chevron: Is There an Anadarko Bidding War? [Video]Occidental Vs. Chevron: Is There an Anadarko Bidding War?

Occidental Petroleum made a formal proposal to buy Anadarko Petroleum in a deal that would value the independent oil producer at $57 billion and trump a pending takeover proposal from Chevron Corp. ..

Credit: The Street     Duration: 02:14Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.