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Top related persons:
Decker - 4 — - 3 Stanley Black - 3 Pat Gelsinger - 2 Ford - 2 Chipotle - 2 Jefferies - 1 Dean Decker - 1
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California Spanish Emeryville , California
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Bloomberg - 2 Intel - 2 Enphase Energy - 2 LSEG - 2 Ford - 2 UAW - 2 Chevron - 2 Bank of America - 2

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5 mentions found


☆ A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that's legal.
  + stars: | 2024-04-18 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
Jefferies included a $4 million break-up fee in an offer letter to a banker. The Wall Street bank is demanding payment after Dean Decker stayed with Credit Suisse after signing. AdvertisementA Wall Street bank inserted a $4 million break-up fee into an offer letter and demanded the payment after the employee backed out. "In fact, the only winner was Decker — both Jefferies and Credit Suisse were gamed (pun intended.)" It's worth noting that Credit Suisse agreed to cover Decker's legal costs and any damages, meaning UBS is on the hook following a merger of the two Swiss banks last year.
Persons: Jefferies, Dean Decker, —, Decker, Decker —, UBS didn't Organizations: Credit Suisse, Service, Bloomberg, Jefferies, Suisse, UBS, Banco Santander, Business Locations: California, Spanish
☆ Stocks making the biggest moves premarket: Amazon, Intel, Enphase Energy and more
  + stars: | 2023-10-27 | by ( Samantha Subin | ) www.cnbc.com   time to read: +6 min
Amazon — Amazon's stock surged 7% after the e-commerce giant reported strong third-quarter results and showed a 13% jump in revenue for the period. Intel — The chip stock popped 7% after posting third-quarter results Thursday that topped Wall Street's expectations and offered strong guidance for the current period. Chipotle Mexican Grill — Shares of the restaurant chain rose more than 3% in premarket trading after the company's third-quarter earnings topped expectations. Stanley Black & Decker beat third-quarter earnings expectations , citing "strong momentum" with its cost reduction program. Colgate-Palmolive topped third-quarter earnings expectations on the top and bottom lines and hiked its organic sales growth outlook.
Persons: Pat Gelsinger, Ford, Chipotle, LSEG, LSEG . Stanley Black, Decker, Stanley Black, Sanofi, Newell Brands, Cantor Fitzgerald, —, Jesse Pound, Tanaya Macheel, Pia Singh, Sarah Min Organizations: Intel, Enphase Energy, LSEG, Ford, UAW, Exxon Mobil, Chevron — Chevron, Chevron, Colgate, Palmolive, Sanofi — U.S, Newell, Charter Communications, Disney . Charter Communications, Hasbro, Bank of America, Automotive, Merck —, BMO Capital Markets, Merck
☆ Stocks making the biggest moves midday: Intel, Chipotle, Juniper Networks and more
  + stars: | 2023-10-27 | by ( Pia Singh | ) www.cnbc.com   time to read: +3 min
Intel — Shares of the chipmaker popped 9.3% Friday, a day after Intel reported third-quarter results that topped analysts' expectations. Juniper Networks — The network management software provider climbed 6.1% after exceeding Wall Street's expectations on earnings and revenue for the third quarter. Juniper earned 60 cents per share on an adjusted basis, while analysts surveyed by FactSet expected 55 cents per share. Chipotle Mexican Grill — Chipotle shares led the market higher Friday, gaining 4.5% after the company's third-quarter earnings topped expectations. While profits fell short of Wall Street's expectations, revenue topped estimates.
Persons: Pat Gelsinger, Dexcom, Stanley Black, Decker, Juniper, FactSet, Chipotle, Ford, —, Alex Harring, Samantha Subin, Yun Li, Hakyung Kim Organizations: Intel —, Intel, Juniper Networks, Revenue, Bank of America, LSEG, Enphase Energy, Chevron, Ford, UAW
☆ Stanley Black & Decker's turnaround is in full swing, and we're raising our price target
  + stars: | 2023-08-01 | by ( Jeff Marks | ) www.cnbc.com   time to read: +6 min
With gross margins improving and earnings growth inflecting next year, we're sticking with the stock and looking to add to our position on potential pullbacks. As a result, we're raising our price target to $110 a share, up from $100. Taken together, the company's adjusted gross margins were 23.6%, down from last year's 27.9% rate. That's why we were pleased to see adjusted gross margins expand 50 basis points from the first quarter. This midpoint now factors in a "modestly lower" organic-growth rate, offset by stronger gross margins.
Persons: Stanley Black, Decker, it's, Stanley, Stanley isn't, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Revenue, Refinitiv, Stanley, Management, CNBC, Bloomberg, Getty Locations: Emeryville , California
☆ Stocks making the biggest moves midday: Meta Platforms, ServiceNow, Teladoc, Credit Suisse & more
  + stars: | 2022-10-27 | by ( Samantha Subin | ) www.cnbc.com   time to read: +5 min
McDonald's — The fast-food giant's shares got a 2.8% lift after the company beat earnings expectations for its most recent quarter. Align Technology — The Invisalign maker saw its shares tumble 18% after it posted disappointing earnings for the most recent quarter. Credit Suisse — Shares of the Swiss bank plummeted 19.5% after Credit Suisse posted a greater-than-expected loss for the third quarter. ServiceNow — The stock jumped 13% after ServiceNow surpassed earnings expectations in its most recent quarter. Comcast — The media giant's stock rose 4.8% after topping analysts' earnings expectations for the third quarter.
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