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Target — Shares of the retailer surged 17% after Target's fiscal third-quarter earnings came in much stronger than expected. Generac — The power generator company jumped almost 4% after Bank of America upgraded shares to neutral from underperform by Bank of America. The firm cut its price target on the stock, however, and lowered its 2024 earnings estimates on the company. Catalent — The pharmaceuticals company jumped 12% Wednesday after posting a narrower-than-expected loss per share and a revenue beat in the fiscal first quarter. American Eagle Outfitters — Shares of the retailer rose 5% after Bank of America upgraded the company to neutral from underperform.
Persons: Holley —, Michael Lasser, Generac, Berkshire Hathaway, Catalent, — CNBC's Michelle Fox, Jesse Pound, Sarah Min, Pia Singh, Alex Harring Organizations: Jefferies, , Corp, JPMorgan, Reuters, ValueAct Capital Management, UBS, Bank of America, Disney —, Deutsche Bank, JD.com, Sirius XM —, Berkshire, American Eagle Outfitters Locations: underperform
Target posted earnings per share of $2.10 compared with the expected $1.48, according to LSEG. TJX Companies — The retailer shed 2.4% despite reporting and earnings and revenue beat. Third-quarter earnings per share came in at $1.03 versus the 99 cents expected from analysts polled by LSEG. Sirius XM — Shares popped 8.6% after billionaire investor Warren Buffet revealed in a regulatory finding that he purchased 9.7 million shares of Sirius XM in the third quarter. Energizer — The stock slipped nearly 4%, a day after gaining 7.4% on an earnings beat.
Persons: Warren Buffet, Generac, Energizer, Holley —, Jeffries, — CNBC's Hakyung Kim, Sarah Min, Tanaya Macheel Organizations: LSEG, Sirius XM, Bank of America, Wednesday, JPMorgan, Corp Locations: LSEG, LSEG ., underperform, V.F
Celebrities, sports stars, CEOs have never been more at risk of 'sextortion' attacks, lawyers say. "I'm going to blow up you and your business," the screen read. "If you can't get me money," she texted the terrified CEO, according to records reviewed by Insider, "I'm going to fuck up your whole company." East Coast, West CoastHigh-end sextortions like the case of that Manhattan CEO, one of Saland and Weisberg's recent clients, are spawning a growing legal practice. It's different in ManhattanIn contrast, Manhattan sextortion clients tend to hail not from the A-list, but from the city's vast pool of the anonymously wealthy.
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