CNBC's Jim Cramer explains why Xerox's reported bid for HP won't materialize, whereas additionally giving his ideas on the advantages of mergers an
CNBC’s Jim Cramer explains why Xerox’s reported bid for HP won’t materialize, whereas additionally giving his ideas on the advantages of mergers and acquisitions. The “Mad Cash” host additionally talks with CVS’ CEO on the health-care giants’ spectacular quarter and his reflections on teen vaping. In a while, Cramer explains why Lyft’s inventory is price shopping for as an alternative of rival Uber and checks in with First Horizon’s CEO concerning the regional financial institution’s latest merger.
Assessing Xerox’s play for HP
Tony Avelar | Bloomberg | Getty Photographs
There is no such thing as a approach for Xerox to really full a reported deal to purchase HP, CNBC’s Jim Cramer argued Wednesday.
That does not imply the 2 firms coming collectively is a nasty thought, Cramer mentioned, however Xerox’s cash-and-stock provide would likely not cut it.
“In its present configuration, there’s actually no approach Xerox can pull this off,” the “Mad Money” host mentioned.
Vaping is resulting in extra teen tobacco use, CVS CEO says
Larry Merlo, CEO, CVS
Scott Mlyn | CNBC
CVS Health President and CEO Larry Merlo mentioned that he worries concerning the rise in teen tobacco use amid the recognition of vaping merchandise akin to e-cigarettes.
Public well being officers are seeing teen tobacco use “go the wrong way,” Merlo mentioned in an interview with Cramer. “We have got to get our arms round that problem and reverse that pattern.”
Purchase Lyft however maintain off on Uber, Cramer says
Signage for Lyft is…