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☆ Biden promise to rival China on shipbuilding faces a big economic problem
▼ + stars: | 2024-04-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

The Biden administration is correct that China has not played fair. But he said the nations that could rival China in shipbuilding are Asian competitors. Shipbuilding subsequently dropped to around five ships per year, which is approximately the current rate of U.S. shipbuilding. President Joe Biden speaks to members of the United Steel Workers Union at the United Steel Workers Headquarters on April 17, 2024 in Pittsburgh, Pennsylvania. Biden announced new actions to protect American steel and shipbuilding industries including hiking tariffs on Chinese steel.

Persons: Biden, Ben Nolan, Nolan, Reagan, Joe Biden, Jeff Swensen, —, Darron, Wadey, Lloyd, Matson, George Washington, Ronald O'Rourke, O'Rourke Organizations: Mitsui Shipbuilding Co, Taicang Port Economic, Technological, Future Publishing, Getty, CNBC, Shipbuilding, Global, United States, Trade, U.S . Trade, U.S, China's Ministry of Commerce, United Steel Workers, Japan's Nippon Steel, United Steel Workers Union, United Steel Workers Headquarters, Analysts, Matson Shipping, Jones Act, Philly Shipyard, CMA CGM, Matson, United, Maritime Administration, U.S ., Huntington Ingalls Industries, News Shipbuilding, U.S . Navy, U.S Navy, Newport News Shipbuilding, Virginian Pilot, Tribune, Service, Force, warfighting, Navy, Biden, Congressional Research Service Locations: Taicang Port, Suzhou, Jiangsu province, China, U.S, Japan, South Korea, United States, Pennsylvania, Pittsburgh , Pennsylvania, American, Bangladesh, U.S . Virgin Islands, Great, Mississippi, Ohio

☆ Stayed up all night? Here’s how to feel better
▼ + stars: | 2024-04-19 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

CNN —It was a dream come true for millions of Taylor Swift fans, after the superstar released her latest album, “The Tortured Poets Department,” at midnight on Friday. “The strongest reset for the circadian system is bright light,” said Dr. Phyllis Zee, director of the Center for Circadian and Sleep Medicine at Northwestern University Feinberg School of Medicine in Chicago. “Research shows that movement can boost circulation and increase alertness, helping you shake off that sleepiness faster,” Daddy Dasgupta said. “It could limit your ability to sleep well that night,” said sleep specialist Kristen Knutson, an associate professor of neurology and preventive medicine at Northwestern University’s Feinberg School of Medicine. And of course, listening to Taylor Swift counts as long as you turn it off before bed!”CNN’s Madeline Holcombe, Kristen Rogers and Ashley Strickland contributed Taylor Swift lyrics to this article.

Persons: Taylor Swift, ”, Phyllis Zee, “, Mina Dasgupta, Raj Dasgupta, Daddy Dasgupta, Taylor, ” Mina, ” Dasgupta, Cynthia Ackrill, Swift, it’s, Kristen Knutson, Dasgupta, Knutson, Madeline Holcombe, Kristen Rogers, Ashley Strickland Organizations: CNN, Poets Department, ”, Maserati, Center, Northwestern University Feinberg School of Medicine, “ Research, American Institute of, Northwestern University’s Feinberg School of Medicine Locations: Chicago, Huntington Heath, Pasadena , California

☆ Offshore wind projects have been dogged by inflation and culture wars. Now they’re making a comeback
▼ + stars: | 2024-04-18 | by ( Ella Nilsen | ) edition.cnn.com time to read: +6 min

CNN —After a disastrous year marked by high costs, accusations of environmental harm and project cancellations in 2023, there’s a sense the US offshore wind industry is on a rebound. But offshore wind is increasingly Trump-proof, according to a top White House climate official, wind CEOs and an industry analyst. “This year will be a significant year for offshore wind development,” BOEM director Elizabeth Klein told CNN in a statement. The US supply chain for offshore wind is still being built; therefore, projects are turning to European manufacturers to get blades, gearboxes, and other components. Now, he said, Northeast governors “just want to make sure their states have energy.”New York has been aggressively pursuing offshore wind projects, rebidding previously canceled projects and accepting those projects at higher prices.

Persons: ”, Sam Huntington, “, aren’t, Donald Trump –, Trump, Ali Zaidi, that’s, ” Zaidi, we’ve, Zaidi, “ We’re, ” Huntington, Elizabeth Klein, Matthew J, Lee, There’s, Clint Plummer, ” Plummer, Pedro Azagra Blázquez, ” Blázquez, rebidding, Plummer, they’re Organizations: CNN, P, White House, White, Biden, US Bureau of Ocean Energy Management, Vineyard, New, Boston Globe, Power Locations: Wisconsin, Trump, Europe, Gulf of Maine, Oregon, New Bedford, Massachusetts, Huntington, New York, Danish, Asia, Friendly, New England, York

☆ Regional banks will dominate rest of earnings season this week. Here's what analysts expect
▼ + stars: | 2024-04-16 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

"What we've seen is deposit pressures escalate more than previously anticipated," said Alexander Yokum, analyst at CFRA Research, who has a neutral view on regional banks. "A lot of these regional banks, they have less deposits, so if they lose deposits, it can really impact their operating results," Yokum said. "So, higher for longer, I think for a lot of regional banks, would be negative." Here's what Wall Street analysts expect from regional banks this season. Other regional banks reporting this week include Fifth Third Bancorp .

Persons: Alexander Yokum, Yokum, Goldman Sachs, Ryan M, Nash, America's Ebrahim H, Poonawala, CFRA's Yokum, Citi's Keith Horowitz, " Horowitz, Huntington Bancshares Huntington Bancshares Organizations: Regional Banking, U.S . Bancorp, New York Community, CFRA Research, JPMorgan Chase, T Bank, PNC, " Bank, America's, U.S . Bancorp U.S . Bancorp, U.S . Bank, Bank of America, Huntington, Comerica KeyCorp, Comerica, Fifth Third Bancorp Locations: U.S, New, Ohio

☆ 3 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-04-13 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Heightened tensions in the Middle East, including the possibility of Iran attacking Israel, sent stocks back down and oil prices higher. If the choice is between a weak economy with lower rates or a strong economy with higher rates, we'll take the strong economy every time. Low rates may help with valuation multiples, but it's a strong economy that leads to earnings growth and that's what we, as long-term investors care about. Shelter costs are a major sticking point for overall inflation, which makes Tuesday's housing starts and building permits report a key watch item. We'll get another look at housing with the release of the March existing home sales report on Thursday.

Persons: we've, we'll, Morgan Stanley, Wells, bode, we're, Goldman Sachs, Charles Schwab, Johnson, ERIC, JB Hunt, Kinder Morgan, DR, Ally, Huntington, Jim Cramer's, Jim Cramer, Jim, Abbott, Ethan Miller Organizations: Dow Jones, Wednesday, Federal Reserve, Abbott Labs, Cardiovascular Systems, Diagnostics, Procter & Gamble, Constellation Brands, Procter, T Bank, Bank of America, Bank of New York Mellon, BK, PNC Financial, PNC, Ericsson, United Airlines, Interactive, ASML Holdings, US Bancorp, Citizens, Alcoa, CSX, Discover Financial, Nokia, Alaska Air, Blackstone BX, McLennan, Netflix, PPG Industries, Gamble, Financial, American Express, Jim Cramer's Charitable, CNBC, Las Vegas Convention, Getty Locations: Iran, Israel, China, Marsh, Las Vegas , Nevada

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Amazon, Take-Two, BJ's, Dell, Disney, Broadcom, Apple & more
▼ + stars: | 2024-04-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

"We are reinstating coverage of AVGO with a buy rating and a new price target of $1,500." "We are upgrading Take-Two from Neutral to Buy and raising our target price from $170 to $200." KeyBanc reiterates Nvidia as overweight Key raised its price target on the stock to $1,200 per share from $1,100. Oppenheimer reiterates Alphabet as outperform Oppenheimer raised its price target on the stock to $185 per share from $172. "We resume coverage after a period of Rating Suspended with a Buy/High Risk (1H) rating and target price of $11."

Persons: Morgan Stanley, Jefferies, Piper Sandler, Piper, selloff, Goldman Sachs, Goldman, Bernstein, Tesla, underperform Bernstein, Wolfe, Eaton, underperform, ETN, Needham, it's, KeyBanc, Oppenheimer, Chipotle, Stefan Larsson, Zac Coughlin, Investor Relations Sheryl Freeman, Evercore, Cantor Fitzgerald, Cantor, Nvidia, Huntington, BTIG, Truist, Melius, Dell Organizations: Norfolk Southern, CP, NSC, JPMorgan, GE, Deutsche Bank reinstates Broadcom, Deutsche, Tesla, Citi, Netflix, AMD, ARM, Meta, Google, NASDAQ, Investor Relations, Disney, Susquehanna, Nvidia, Bank of America, of America, U.S, TAM, Dell, Apple Locations: FSLY, F1Q

☆ The U.S. inflation prints for January and February were 'anomalies': Economist
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. inflation prints for January and February were 'anomalies': EconomistOlu Omodunbi of Huntington Private Bank expects to see "better inflation prints in the next couple of months" which would allow the Fed to start cutting interest rates in the middle of 2024

Persons: Olu Organizations: Huntington Private Bank, Fed

☆ CPAP replacement works well for the overweight, not obese, study finds
▼ + stars: | 2024-04-04 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

CNN —An implant for obstructive sleep apnea — a serious sleep malady in which breathing stops for 10 seconds to two minutes many times an hour each night — works best in people who are overweight but not severely obese, a new study found. “There’s a huge unmet need of patients that are suffering with obstructive sleep apnea and not able to tolerate CPAP,” Landsness said. nicolesy/iStockphoto/Getty ImagesAbout a third of patients have difficulty using a CPAP and may ultimately abandon the device, Landsness said. Obstructive sleep apnea is also connected to type 2 diabetes, asthma, obesity, kidney disease, chronic obstructive pulmonary disease, thyroid disease and mental illnesses such as depression and anxiety. “As an alternative treatment for sleep apnea, this hypoglossal nerve stimulation surgery could revolutionize some people’s lives,” he said.

Persons: Eric Landsness, St . Louis, ” Landsness, ”, Kristen Knutson, “, Landsness, CPAP, Brandon Peters, Mathews, ” Peters, Raj Dasgupta, Dasgupta, “ I’ve Organizations: CNN, Washington University School of Medicine, Medicare, BMI, Northwestern University’s Feinberg School of Medicine, Virginia Mason Medical Center, Food and Drug Administration, Huntington Health, Mayo Clinic, telltale Locations: St ., Chicago, Seattle, Pasadena , California

☆ Trump accused of 'inciting violence' after sharing video with image depicting Biden tied up in the back of a pickup truck
▼ + stars: | 2024-03-30 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Donald Trump shared an image of Joe Biden hog-tied on the tailgate of a passing pickup truck. The Republican presidential nominee was accused of inciting violence against President Joe Biden. AdvertisementRepublican presidential nominee Donald Trump faced criticism Friday for posting a video on his social media that showed President Joe Biden hog-tied on the tailgate of a passing pickup truck. Trump just posted a video of a pickup truck on Truth Social that has a giant image of President Biden bound with rope and laying, apparently kidnapped. Related stories"Democrats and crazed lunatics have not only called for despicable violence against President Trump and his family, they are actually weaponizing the justice system against him."

Persons: Donald Trump, Joe Biden, —, Jonathan Diller, Trump, Biden, MAGA, WFiXIFWU7R, Brian Tyler Cohen, Michael Tyler, Tyler, Steven Cheung, lunatics, President Trump, Mr Trump's, Kathy Griffin's, Kathy Griffin’s, Kathy Griffin, lene W hite, ake Organizations: Republican, Service, Trump, NBC, Capitol Police Locations: Long Island , New York, Huntington , Long, Huntington Long

☆ Cramer's Lightning Round: Huntington Ingalls is a winner
▼ + stars: | 2024-03-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon State Street's year-to-date stock performance. Stock Chart Icon Stock chart icon Visa's year-to-date stock performance. Stock Chart Icon Stock chart icon Huntington Ingalls' year-to-date stock performance. Stock Chart Icon Stock chart icon Chart Industries' year-to-date stock performance. Stock Chart Icon Stock chart icon AECOM's year-to-date stock performance.

Persons: Morgan Stanley, Huntington Ingalls, I've, It's, We're, Jim Cramer's Organizations: Visa, Industries Locations: Wells Fargo

☆ What investors should know about the U.S. easing vehicle emissions rules
▼ + stars: | 2024-03-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, 2024. The new Environmental Protection Agency rules released Wednesday aim to cut tailpipe emissions by 49% between model years 2027 and 2032. The EPA set a target for EVs to make up at least 35% of new vehicle sales by 2032. The EPA's new strategy for cutting tailpipe emissions doesn't focus only on EVs. The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers could meet the emissions regulations.

Persons: Joe Biden, Saul Loeb, Biden, Emmanuel Rosner, Mary Barra, Ngan, John Bozzella, Stocks, Tesla, weren't, Chelsea Hodgkins, Martin Viecha, Chris Kapsch, Morgan Stanley, Adam Jonas Organizations: United Auto Workers, Marriott Marquis, Washington , D.C, AFP, Getty, DETROIT, Environmental Protection Agency, EPA, EV, Detroit Automotive, Wall Street, Detroit, General Motors, Ford Motor, Chrysler, capex, Deutsche Bank, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance for Automotive Innovation, United Auto Workers union, UAW, Toyota, Public Citizen, Sierra Club, Democratic, GM, Ford Locations: Washington ,, Detroit , Michigan, U.S, Detroit, Michigan

☆ How to sleep better without your partner
▼ + stars: | 2024-03-16 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

Sleep experts recommend turning off screens at least half an hour before going to bed. Those can include stretching, yoga, meditation, a warm shower, aromatherapy or breathing techniques such as progressive muscle relaxation, 4-7-8 breathing or diaphragmatic breathing, experts said. Some couples sleep apart — or at least start the night that way — because of different sleep habits even though they want to sleep together. And of course there’s the age-old guidance for a healthy sleep routine, Dasgupta said. Doing all these things even while your partner is there can make your chances of maintaining a healthy sleep routine even better, experts said.

Persons: ”, isn’t, Wendy Troxel, ” Troxel, “, —, Troxel, There’s, Raj Dasgupta, you’re, Joshua Tal, Tal, ” Tal, Dasgupta Organizations: CNN, RAND Corporation, Huntington Health Locations: Utah, Pasadena , California, New York City, cologne

☆ How to adapt your sleep to Daylight Saving Time
▼ + stars: | 2024-03-09 | by ( Katia Hetter | ) edition.cnn.com time to read: +6 min

CNN —I know I’m supposed to gradually go to bed and get up earlier over the course of a week or two before Daylight Saving Time hits. CNN: Daylight Saving Time starts Sunday at 2 a.m. Dasgupta: If you find yourself grappling with significant daytime sleepiness in the days after switching to daylight saving time, a short nap before 2 p.m. may be beneficial. Although there are many components of healthy sleep hygiene, some of my favorite tips following the transition to Daylight Saving Time are:1. Remember, with all the focus on your kid’s sleep, don’t forget to take care of yourself, too.

Persons: CNN —, Raj Dasgupta, haven’t, Dasgupta, you’ve, It’s, — Aiden, Mina, Sadie Organizations: CNN, Huntington Heath Locations: Huntington, ”

☆ Ride the bull market wave with these top stocks in March, Morgan Stanley says
▼ + stars: | 2024-03-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Analysts at Morgan Stanley have named a slate of stocks to buy as March gets underway. The firm said investors should bet on the market's momentum by scooping up shares of undervalued companies. They include HashiCorp , Rivian Automotive , Dell Technologies, Sun Country Airlines and Huntington Bancshares. The stock is down 26% over the last 12 months, but the firm said investors should buy the dip. HashiCorp Analyst Sanjit Singh upgraded the cloud-computing infrastructure company to overweight from equal weight earlier this week.

Persons: Morgan Stanley, scooping, Ravi Shanker, Shanker, Sanjit Singh, Singh, Adam Jonas, —, Jonas, Rivian, Dell, …, Huntington, HBAN Organizations: CNBC, Rivian Automotive, Dell Technologies, Sun Country Airlines, Huntington, Amazon, Rivian, Airlines Locations: Huntington Bancshares

The party adopted a novel and somewhat confusing hybrid nominating system this year, which will culminate on March 2 with a statewide nominating convention. Here’s what to know:When are the Michigan primary and convention, and how do I vote? Additionally, the state’s Republican Party will host a nominating convention on March 2. At the Republican nominating convention, only delegates, a group of elected party loyalists, can participate in the caucus-style event. Last year, in February, she emerged victorious from a marathon vote for state party chair.

Persons: Donald J, Trump, Nikki Haley, Biden, Dean Phillips, Marianne Williamson, “, ”, ” Stephen Ohlemacher, Trump’s, Pete Hoekstra, Kristina Karamo, Hoekstra, Ms, Karamo Organizations: Republicans, Republican Party, Republican, United Nations, Democratic, Michigan, Democratic National Convention, Associated Press, Amway, Plaza Hotel, Trump, Mr Locations: Michigan, South Carolina, Chicago, Grand Rapids, Huntington, Detroit, Netherlands, Waterford Township, Mich

☆ Watch the new US Navy supercarrier USS John F. Kennedy catapult heavy cars into a river to make sure the warship can handle planes
▼ + stars: | 2024-02-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

A new video shows the testing of the aircraft launch system for the Navy's new supercarrier. The USS John F. Kennedy is the Navy's second Ford-class aircraft carrier. Our #NewportNewsShipbuilding division has started topside #EMALS testing on the aircraft carrier John F. Kennedy (#CVN79). A T-45C Goshawk training aircraft attached to Training Air Wing (TAW) 1, lands aboard the aircraft carrier USS Gerald R. Ford (CVN 78) during flight operations, Sept. 12, 2020. AdvertisementIn addition to the Kennedy, two other Ford-class aircraft carriers, the Enterprise and the Doris Miller, are currently under construction at Newport News.

Persons: USS John F, Kennedy, —, James, John F, 9n3OhRDXAd, HII, Gerald R, Seaman Anton Wendler, Ford, Doris Miller Organizations: USS, Ford, aircraft, Service, Hornets, Huntington Ingalls Industries, Newport News Shipbuilding, US Navy, Training Air, U.S . Navy, Communication, Navy, Enterprise, Newport News Locations: Virginia

☆ Huntington Bancshares CEO: We've been using AI selectively for years, but we're a people business
▼ + stars: | 2024-02-26 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Huntington Bancshares CEO: We've been using AI selectively for years, but we're a people businessHuntington Bancshares Chairman, President and CEO Stephen Steinour joins 'Mad Money' host Jim Cramer to talk the state of regional banking.

Persons: Huntington, We've, Stephen Steinour, Jim Cramer Organizations: Huntington Bancshares

☆ 'American Nightmare' couple Denise Huskins and Aaron Quinn don't think kidnapper Matthew Muller acted alone
▼ + stars: | 2024-02-15 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Denise Huskins and Aaron Quinn don't think kidnapper Matthew Muller worked alone. AdvertisementDenise Huskins and Aaron Quinn don't think that kidnapper Matthew Muller worked alone when he forcibly took Huskins from Quinn's Mare Island, California home in the middle of the night on March 23, 2015. Netflix's hit true crime docuseries "American Nightmare," released in January, examines the bizarre kidnapping case using interviews with the victims, police officers, and lawyers involved. Muller took Huskins to a property in South Lake Tahoe, where she says he sexually assaulted her. Quinn pointed out that his car was also stolen from the property, but Muller took Huskins away in a Mustang.

Persons: Denise Huskins, Aaron Quinn, Matthew Muller, Muller, Huskins, —, Netflix's, Quinn, Gillian Flynn's, Denise, they've Organizations: Service, Vallejo Police Department, Harvard, Netflix Locations: Quinn's Mare Island, California, South Lake Tahoe, Huntington Beach, Dublin , California, Vallejo, Harvard

☆ I turned my garage into an apartment I rent out. It helps me afford retirement and almost paid off my mortgage.
▼ + stars: | 2024-02-14 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Helen Boxwill, 77, refinanced her home to build an accessory dwelling unit on her New York property. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Their rent has helped me almost pay off my 30-year mortgage, and has covered property taxes and escrow. I keep rent pretty affordableI charge my tenants $1,100 a month in rent, which is very low for New York. I don't want to deal with kicking somebody out if they haven't paid rent or if they damage the home.

Persons: Helen Boxwill, refinanced, Boxwill, —, I’ve, weren't, There’s, I've, I'm, it's Organizations: Service Locations: New York, Ethiopia, Burundi, Huntington , New York, ADUs, Huntington, Long

☆ The rich want to give their kids real estate and businesses to save on taxes but still control the family fortune. One neat trick: family-limited partnerships.
▼ + stars: | 2024-02-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

And yet, Walton's wife and children didn't have to pay a dime in estate tax. With an FLP, an individual — often a parent or two parents — pools their business assets, which are commonly real estate or stock. There are pragmatic reasons for keeping family business assets consolidated, according to Dan Griffith of Huntington Private Bank. Another sweetener: you can claim a discount on the assets within the FLP and use even less of your estate tax exemption. This would eliminate all gift and estate tax on the business even if the couple dies after the Trump tax cuts sunset.

Persons: —, Sam Walton, didn't, Donald Trump, Dan Griffith, –, Griffith, Robert Strauss, Weinstock Manion, Strauss, Edward Renn, Renn, Trump, that's, Katie Carlson Organizations: Service, Walmart, Business, Huntington Private Bank, IRS, Partners, Bank of, Trump

☆ I was 16 when I found out I might have a terminal disease. I waited a decade to get tested, but I don't regret the years of not knowing.
▼ + stars: | 2024-02-14 | by ( Taylor Rains | ) www.businessinsider.com time to read: +9 min

A photo of my birth mother holding me as a newborn, taken on July 4, 1995, in central Florida. On the one hand, getting tested would help me better plan my future, but I'd have to live with the reality if the diagnosis was positive. AdvertisementOn the other hand, not getting tested would always leave an ounce of uncertainty in the back of my head. It wasn't until 2018, when I met my now-husband, Ryan, that I gave getting tested another thought. Taylor Rains/Business InsiderAfter 10 years of uncertainty, a huge weight was lifted from my shoulders.

Persons: —, Olivia Wilde's, Remy, Thirteen, Hadley, I've, Taylor Rains, Mary, Desiree, Taylor, goody, Ryan Organizations: Service, Florida Institute of Technology, Pearl Harbor Aviation Museum Locations: Florida, Puerto Rican, Spain, China, Alaska, Bulgaria, , Connecticut

☆ Here are Wednesday's biggest analyst calls: Tesla, Nvidia, Arm, Citi, Walmart, First Solar, Ulta, GE & more
▼ + stars: | 2024-02-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS downgrades Waste Management to neutral from buy UBS said the trash company has a "lofty" valuation. Citi reiterates Nvidia as buy Citi said its standing by its buy rating heading into earnings next week. " UBS upgrades HF Sinclair to buy from neutral UBS said the refiner is underappreciated. UBS upgrades Huntington Bancshares to buy from neutral UBS said it sees "strong strategic positioning" for the regional bank. Citi downgrades GlobalFoundries to neutral from buy Citi downgraded the semi company following earnings on Tuesday.

Persons: Wells, Redburn, Morgan Stanley, Tesla, it's, Piper Sandler, Piper, Jane Fraser's, Q, BRKRs, BRKR, DINO, D.A, Davidson downgrades Airbnb, Evercore, GlobalFoundries, Bernstein, Wingstop Organizations: Wells, RBC, Enphase Energy, Shoals Technologies, SolarEdge Technologies, UBS downgrades Waste Management, UBS, Citi, Nvidia, JPMorgan, Sinclair, diesel, Deutsche Bank, General, Deutsche, GE, ABNB, ABNB's, Walmart, ISI, Huntington, HSBC, Palantir, HP, Bank of America, of America, Design Systems, Rivals Locations: EBITDA

☆ A fight over sewage is preventing Long Island from solving its crippling housing crisis
▼ + stars: | 2024-02-14 | by ( Eliza Relman | ) www.businessinsider.com time to read: +9 min

The people of Suffolk County, Long Island, need to start considering it. Like most of the suburbs surrounding New York City, Suffolk County is suffering from a major shortage of homes. In December, New York Governor Kathy Hochul announced she'll send $59 million to Long Island to deal with water contamination and sewer upgrades. “The governor has said she wants to see more housing on Long Island. Last year, Long Island public officials led the charge against Gov.

Persons: —, Hunter Gross, “, ” Gross, Long, Suffolk County’s, Ed Romaine, Kathy Hochul, you’ve, ”, Joe, Edmund Smyth, ” Smyth, ” Long, Kathy Hochul’s, who’ve, boomers, can’t, that's, Ian Wilder, Nathan Cummings, ” Cummings, Cummings Organizations: Service, Hamptons, Business, Newsday, Republican, ” Long Islanders, Gov, New, Housing Services, Yale Law Locations: Suffolk County, Long, New York City, Huntington, Suffolk, New York, Huntington , Suffolk County, Levittown, Black, Old Lyme , Connecticut

☆ Oil prices edge up on Middle East risk
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: +3 min

Oil prices rose slightly on Tuesday on fears Middle East tensions could disrupt supply, but uncertainty about the pace of potential U.S. interest rate cuts and the ensuing impact on fuel demand capped gains. Oil prices were near flat in Monday's trade, after gaining 6% last week. A move by the U.S. to tighten or step up enforcement of sanctions on Iran would impact oil market supplies. The Organization of the Petroleum Exporting Countries is also scheduled to release its monthly oil market report on Tuesday. OPEC and its allies including Russia, known as OPEC+, will decide in March whether to extend voluntary oil production cuts in place for the first quarter.

Persons: Houthis Organizations: Brent, . West Texas, New York Fed, Consumer, Reuters, of, Petroleum, OPEC, ING Locations: Huntington, Pier, Huntington Beach, Iran, Red, United States, Britain, Israel, U.S, Iraq, Russia, OPEC, Saudi Arabia

☆ Here are Tuesday's biggest analyst calls: Nvidia, Disney, Walmart, Apple, Arista, Ford, Rivian, Block & more
▼ + stars: | 2024-02-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley initiates Ford as a top pick Morgan Stanley said it's standing by its top pick status on Ford. Morgan Stanley initiates Dynatrace as equal weight Morgan Stanley initiated the software stock with an equal weight and said patience is needed. Morgan Stanley reiterates Disney as overweight Morgan Stanley said Disney's participation in a sports streaming bundle is 'low-risk." Morgan Stanley adds Huntington Bancshares to the financials finest list Morgan Stanley added the regional bank to its financials finest list. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by its overweight rating on the stock, but that the company will need "substantial funding" to complete its Georgia plant.

Persons: Goldman Sachs, Goldman, ANET, hyperscaler, Morgan Stanley, Ford, it's, Dynatrace, Redburn, Evercore, Susquehanna, Piper Sandler, Trimble, Piper, Riley, Bernstein, Disney, Huntington Bancshares, Huntington, Banks, Stephens, Cantor Fitzgerald, Stratasys, Cantor, Rivian Organizations: Arista Networks, Ford, downgrades, Airlines, UBS, Nvidia, NextEra Energy Partners, Taiwan Semiconductor, Apple, Apple Services, DIS, FOX, Deutsche Bank, Walmart, Citi, GSK, " Bank of America, of America Locations: NVDA's, North America, NAPA, Georgia

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