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Facebook’s biggest investor does not think there is a tech bubble and said he’s “pretty sure” the company can continue to grow for a long time once it becomes public.
Even if economic growth in the U.S. is not as strong as Caterpillar is forecasting, investors can expect the company to deliver on its 2012 guidance anyway, one analyst said.
It is “inevitable” that Facebook will go public and when it does it could be “the largest offering in history,” said Sean Parker, the first president of the social-networking site, in an interview with CNBC at the World Economic Forum in Davos.
On the eve of Apple’s fiscal first quarter earnings release, to be delivered on Tuesday, one analyst is bullish on the tech company’s stock and anticipates further growth from its iPad and iPhone products.
Although one restaurant analyst has a ‘buy’ rating on both McDonald’s and Starbucks, he thinks the coffee chain’s stock is the better buy, citing its potential for greater earnings growth.
Although Microsoft warned last week that floods in Thailand could disrupt personal computer shipments, investors are more concerned with the tech company’s defensive characteristics, one managing director said.
On Monday, one analyst initiated coverage on Zynga — which makes games, such as FarmVille and Words with Friends — with an overweight rating and a $11 price target.
Citigroup expects relative outperformance in the card and payments sector although headwinds are forming, said the company’s analysts in a research report released Monday. Citi also raised its price target for American Express, MasterCard and Visa.
Bloomingdale's is attaching chunky plastic tags to some dresses to fight "wardrobing."
McDonald's says a revamped version of its Dollar Menu that includes $5 items could be launched nationally this year.
In a move to boost its light beer brand, Heineken is tweaking the taste with a popular hops.
The battle to boost the minimum wage escalated Thursday when fast food workers in 50 cities walked off the job.
Christina Cheddar Berk is editor of CNBC.com's Consumer Nation and chief trend spotter.
Courtney is a retail reporter for CNBC.
Tom is a Senior Editor and Assignment Desk Manager for CNBC TV. He also writes about the business of beer for CNBC.com.
Stephanie Landsman is one of the producers of "Fast Money."
Analysts said there's much work to be done at Wal-Mart, which has posted negative domestic sales for the past five quarters.
Michael Kors has a lot of fans out there. One that would have a tough time getting by without it: watchmaker Fossil Group.
Prices have gone up because of surging demand for the two main ingredients in craft beer: barley and hops.