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Top related persons:
Jefferies - 2 Yong Xiong - 1 Brent Thill Brent Thill - 1 Bell - 1 Miho Uranaka - 1 Rakuten - 1 Anton Bridge - 1 Jacqueline Wong - 1
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6 mentions found


☆ Apple is offering rare iPhone discounts in China
  + stars: | 2024-01-15 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: +2 min
New York CNN —Apple is offering temporary discounts on its iPhones and other products in China, in an extremely rare move for Apple that comes as competition within Asia’s smartphone market grows more intense. Although third-party sellers at times discount Apple products, Apple itself very rarely offers deals or sales, part of its effort to maintain a premium brand image – something that has been particularly important as Apple seeks to attract high-end buyers in China. The new discounts on the iPhone in China are raising fresh questions about how demand for Apple products is faring recently in the world’s second-largest economy. China has long been a key market for the iPhone maker, with roughly one-fifth of Apple’s overall sales last year coming from China. Last week, Apple lost its status as the stock market’s most valuable company, taking a back seat to Microsoft.
Persons: Yong Xiong Organizations: New, New York CNN, Apple, Mac, Huawei, Wall Street Journal, Research, Jefferies Research, Reuters, Microsoft Locations: New York, China
☆ Workday's new CEO and CFO are 'the two best copilots you could have', says Jefferies' Brent Thill
  + stars: | 2023-09-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday's new CEO and CFO are 'the two best copilots you could have', says Jefferies' Brent ThillBrent Thill, Jefferies research analyst, joins ‘Closing Bell’ to discuss sinking Workday shares, the impact of interest rates on the software industry and more.
Persons: Jefferies, Brent Thill Brent Thill, Bell
☆ Rakuten shares jump as mobile losses narrow
  + stars: | 2023-08-14 | by ( Anton Bridge | ) www.reuters.com   time to read: +2 min
REUTERS/Miho UranakaTOKYO, Aug 14 (Reuters) - Rakuten Group (4755.T) shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances that it can cover its debt burden for the next financial year. Rakuten has taken to publicly listing its more successful units to generate cash, listing its internet banking business - Rakuten Bank (5838.T) - in April and applying to list its securities business in July. Last week, Rakuten also announced plans to consolidate its payments and points businesses and fold them into Rakuten Card, its credit card and loans unit. Rakuten also committed to taking on no additional gross debt, instead using equity-related financing to reduce its debt burden. The group has a total of 1.9 trillion yen ($13.11 billion) in debt, with 406 billion yen due in 2024 and a further 430 billion yen in 2025, according to Refinitiv data.
Persons: Miho Uranaka, Jefferies, Rakuten, Anton Bridge, Jacqueline Wong Organizations: REUTERS, Rakuten, Rakuten Bank, Thomson Locations: Yokohama, Kanagawa, Japan, Miho Uranaka TOKYO
☆ LSEG affirms 2023 targets, seeks shareholder nod for buyback
  + stars: | 2023-04-27 | by ( Huw Jones | ) www.reuters.com   time to read: +2 min
April 27 (Reuters) - London Stock Exchange Group (LSEG.L) on Thursday reaffirmed financial targets for the year before it seeks shareholder approval for a previously announced buyback of shares from the Blackstone/Thomson Reuters (TRI.TO) consortium. LSEG bought data and analytics company Refinitiv for $27 billion from the consortium in January 2021. LSEG said that first-quarter income from data and analytics rose 14.6% year on year to 1.3 billion pounds. Total income excluding recoveries rose 14.6% to 2 billion pounds, 1% ahead of consensus according to Jefferies research. "In data & analytics, we saw a further acceleration in annual subscription value (ASV) growth, reflecting the investments we have made in our services and stronger customer engagement," Schwimmer said.
☆ Wall Street believes this one stock was the biggest earnings winner ... and it's not tech
  + stars: | 2023-04-26 | by ( Brian Evans | ) www.cnbc.com   time to read: +3 min
It's still early in the earnings season, but Wall Street thinks burrito chain Chipotle is the biggest winner. The firm raised its price target to $1,800 from $1,550, which was about 1% upside compared to Tuesday's closing price. He added that his firm "can't find any flaws in the results" and raised its price target to $2,175 per share from $1,825. Senatore increased her price target on the stock to $2,200 per share from $1,850. Wells Fargo also hiked its price target on the burrito chain to $2,050 from $1,900.
☆ Tide maker P&G dialing up discounts as US consumers pull back
  + stars: | 2023-04-20 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products | ) www.reuters.com   time to read: +5 min
[1/2] Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Fabric and family care, which includes the paper products, are among the company's biggest businesses. P&G's margins, a key sign of profitability investors closely watch, could take a hit if the company continues with heavier discounts. “Tide is who we would benchmark, and we’re seeing more discounts with them, and the category at large among bigger players.”Whritenour added that discounts are now deeper and more competitive. Market research firm Circana is forecasting discounts will continue to grow this year across household products as consumers face a darkening economic situation.
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