Shares Constellation Brands surged more than 4 percent on Friday leaving the stock up 75 percent for the year after strong quarterly earnings.
The jobs report was good, but markets won’t be able to push much higher until the economic fundamentals strengthen, Pimco CEO Mohamed El-Erian told CNBC Friday.
Although the September jobs report was encouraging, job growth remains “lackluster” and is unlikely to change the Federal Reserve’s thinking on interest rates, Jan Hatzius, Goldman Sachs’ chief U.S. economist, told CNBC Friday.
Kyle Bass, who famously made a fortune shorting the subprime market before the housing market collapse, is worried that there's too much debt in the world.
Oracle isn't planning on making any large acquisitions over the next couple of years and instead is focused on growing organically, CEO Larry Ellison said on CNBC on Tuesday.
Coca-Cola has been able to navigate a weak global economy for the past four years and continue to grow, CEO Muhtar Kent said in a CNBC interview Tuesday.
Adding up current entitlement program liabilities and U.S. government bonds, the country has an eye-popping total debt of a $60 trillion, Pimco founder Bill Gross said on CNBC’s "Street Signs" on Tuesday.
The multi-billion dollar fraud lawsuit against JPMorgan Chase for alleged misconduct at Bear Stearns may be just the beginning in a wave of cases brought against financial firms for their practices before the financial crisis, New York State Attorney General Eric Schneiderman told CNBCs Power Lunch on Tuesday. hr<!-- -->