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Press Releases

PRO Talks: Investment strategy with Jerry Dodson

Jerry Dodson, founder and lead portfolio manager of Parnassus Investments, an independent investment management firm with about $20 billion under management, believes market participants may be running out of investment options due to high valuations.


Second denial of service attack on internet firm

Internet traffic firm Dyn warns of a new web attack after an earlier attack which had widespread impact. CNBC's Eamon Javers reports.


Sequoia Capital has hired Polyvore’s Jess Lee as its first woman investment partner

Months after Sequoia Capital said the firm wouldn't "lower standards" to hire a woman, the firm has landed one as a partner, Recode reports.

Source: Recode

Norwegian Air: Looking to get scale of costs down

Norwegian Air has posted third-quarter profits that have beaten analyst expectations. Its CEO, Bjørn Kjos, discusses the current financial state of the airline firm.


Not unreasonable for investors to want some certainty: BT CEO

BT CEO, Gavin Patterson discusses whether the firm will complete its spin-off of its Open Reach broadband division.


Deutsche Bank moves to quash rumors it’s quitting Wall Street

Deutsche Bank has moved to suppress speculation that the beleaguered European firm may seek to wind-down its investment banking operations in the U.S.


Strong earnings from these banks bode well for the stock market

Working with analytics firm Kensho, CNBC ran a screen looking at how the markets performed two weeks after JPMorgan and Goldman Sachs earnings beat.


Goldman: It's looking like a 'wave' for Democrats, and that could be bad for stocks

Goldman Sachs clients have been asking the firm how to best prepare for a "wave election" as Hillary Clinton leads in polls and prediction markets.


Macy's confirms Thanksgiving Day opening, as others opt to shutter

Macy's is holding firm with its decision to open on Thanksgiving Day, and will greet shoppers an hour earlier than it did in 2015.


UK to enter 'prolonged period of weaker growth': Survey

The British economy will start to see deeper impacts from the Brexit vote over the next six months with rising inflation and falling business investment, the consultancy firm Ernest & Young said Monday.