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☆ Cloud growth is extremely important for both Alphabet and Microsoft, says Nimrit Kang
▼ + stars: | 2024-04-25 | 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 EmailCloud growth is extremely important for both Alphabet and Microsoft, says Nimrit KangNimrit Kang, Chief Investment Officer and Senior Portfolio Manager at Northstar Asset Management, discusses her expectations for Microsoft and Alphabet's earnings reports.

Persons: Nimrit Kang Nimrit Kang Organizations: Microsoft, Northstar Asset Management

☆ There's a lot of money to be made in clean energy, says NorthStar's Nimrit Kang
▼ + stars: | 2024-03-06 | 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 EmailThere's a lot of money to be made in clean energy, says NorthStar's Nimrit KangNimrit Kang, chief investment officer at NorthStar Asset Management, joins 'Power Lunch' to discuss the Fed's impact on the market, the mounting trouble in NYCB, and more.

Persons: NorthStar's Nimrit Kang Nimrit Kang Organizations: NorthStar Asset Management Locations: NYCB

☆ Being diversified has been the best market playbook, says Nimrit Kang
▼ + stars: | 2024-02-08 | 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 EmailBeing diversified has been the best market playbook, says Nimrit KangNimrit Kang, Chief Investment Officer & Senior Portfolio Manager at NorthStar Asset Management, discusses the S&P 500's push towards 5,000 and the market broadening.

Persons: Nimrit Kang Nimrit Kang Organizations: NorthStar Asset Management

☆ Home Depot's comps will continue to moderate within its year of efficiency, says Nimrit Kang
▼ + stars: | 2023-11-14 | 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 EmailHome Depot's comps will continue to moderate within its year of efficiency, says Nimrit KangNimrit Kang, Chief Investment Officer and Senior Portfolio Manager at NorthStar Asset Management, discusses her expectations for Home Depot's earnings report.

Persons: Nimrit Kang Nimrit Kang Organizations: NorthStar Asset Management

☆ Watch CNBC’s full interview with NorthStar Asset Management's Nimrit Kang
▼ + stars: | 2023-10-31 | 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 EmailWatch CNBC’s full interview with NorthStar Asset Management's Nimrit KangNimrit Kang, NorthStar Asset Management CIO, joins 'Power Lunch' to discuss markets and positioning ahead of Fed Day tomorrow.

Persons: Kang Nimrit Kang Organizations: NorthStar, NorthStar Asset Management, Fed

☆ Stick with long-term strategic asset allocation, says NorthStar's Nimrit Kang
▼ + stars: | 2023-10-31 | 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 EmailStick with long-term strategic asset allocation, says NorthStar's Nimrit KangNimrit Kang, NorthStar Asset Management CIO, joins 'Power Lunch' to discuss markets and positioning ahead of the Fed day tomorrow.

Persons: NorthStar's Nimrit Kang Nimrit Kang Organizations: NorthStar Asset Management

Retail pasta prices rose about 12% this year in Europe and 8% in the United States, according to market research firm Nielsen. CANADA DRYWhen the Prairies turned dry this summer, Canadian farmer Darold Niwa saw hopes of a bumper durum harvest dashed. Durum, the hardest wheat, produces pasta with the prized "al dente" firm texture, unlike soft wheat. In the meantime, Vincenzo Martinelli, president of the durum section of Italian millers association Italmopa, nervously awaits the outcome of the Canadian harvest. "Without Canada, prices will only go up," he said.

Persons: De, Continental Noodles, Vincent Liberatore, Liberatore, Darold Niwa, Jerry Klassen, Philip Werle, There's, Severine, Maisons, Vincenzo Martinelli, Gus Trompiz, Rod Nickel, Emilio Parodi, Ceyda, Julie Ingwersen, Michael Hogan, Caroline Stauffer, David Gregorio Our Organizations: Foods, Nielsen, Grains, CANADA, Prairies, Statistics, Traders, Northstar, European Union, Thomson Locations: Fara San Martino, Italy, PARIS, WINNIPEG , Manitoba, Canada, Turkey, Toronto, Continental, Spain, India, Europe, United States, Oyen , Alberta, durum, Statistics Canada, France, Algeria, TURKEY, Turkish, American, Russia, North Africa, Milan, Ceyda Caglayan, Istanbul, Chicago, Hamburg

☆ Investing in Space: The nascent market for tracking and removing debris from orbit
▼ + stars: | 2023-08-24 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

It's a sad irony, but an irony nonetheless, that this week the European Space Agency announced that a piece of space debris — left in orbit by a 2013 launch of Arianespace's Vega rocket and the target of a removal mission — appears to have been struck by other space debris. But the ISS itself may have to dodge space debris this afternoon, with station controllers considering changing its altitude. The risk posed by space debris is not a novel problem for the industry, but it's an ever more pressing one. Satellites and space debris are largely tracked via ground-based radars and telescopes. Debris removal is a nascent part of the broader satellite servicing market (also known as In-Space Servicing, Assembly and Manufacturing, or ISAM).

Persons: Michael Sheetz —, It's, Arianespace's, Brian Weeden, wasn't, Weeden Organizations: CNBC, European Space Agency, ESA, OTB Ventures, NASA, SpaceX, International Space, Secure, Foundation, Aerospace, NorthStar, Manufacturing, Cargo Locations: Swiss, U.S, Europe, Russia, China, Japan, Korea, India

☆ New GoTo CEO Walujo may not stay in top job long - sources
▼ + stars: | 2023-06-14 | by ( Fanny Potkin | ) www.reuters.com time to read: +2 min

SINGAPORE, June 14 (Reuters) - Incoming GoTo (GOTO.JK) CEO Patrick Walujo is planning to head the Indonesian technology company only temporarily and resign after improving profitability, as he splits his time between it and a private equity firm he co-founded, according to sources. The prominent Indonesian dealmaker, whose private equity firm Northstar Group was one of the earliest backers of GoTo's ride hailing business Gojek, was named as the CEO of GoTo last week. GoTo was created in 2021 through a merger of Gojek and e-commerce firm Tokopedia. Walujo, who will continue to manage Northstar, does not plan to stay for a full three-year term as GoTo CEO, said three sources, including people briefed by him and company investors. The sources said the timing of Walujo's tenure was likely to depend on how quickly he can trim spending and improve profits.

Persons: GoTo, Patrick Walujo, Walujo, Goldman Sachs, Fanny Potkin, Miyoung Kim, Robert Birsel Organizations: Northstar Group, Northstar, Reuters, Thomson Locations: SINGAPORE, Indonesian, Gojek, HK, The Jakarta, U.S, Singapore

☆ Climate and social impact startup OnHand just raised $4 million for its gamified employee app. Check out the 20-slide pitch deck used to secure the cash.
▼ + stars: | 2023-01-26 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

OnHand, a B2B environmental and social impact platform, has just landed $4 million. Check out the 20-slide pitch deck OnHand used to convince investors to back it. A platform that encourages employees cut their environmental footprint and volunteer in the community has just raised $4 million from London venture capital firm 24Haymarket. The Newcastle, UK, company started in the charity space as a location-based, on-demand and consumer-focused volunteering app before pivoting to employee sustainability. As well as calculating emissions reductions for employees, OnHand still offers on-demand charity work.

☆ A former exec from Stripe and Uber is 'OK to give up 100x growth' to build a new business that will last
▼ + stars: | 2022-12-28 | by ( Sheila Chiang | ) www.cnbc.com time to read: +6 min

GajiGesa's Vidit Agrawal wanted to provide workers access to their wages as they earn it, between traditional end-of-month pay cycles. I'm OK to give up the 100% growth or 100x growth a year if I can build a revenue-based, sustainable business. Vidit Agrawal Co-founder, GajiGesa"I'm OK to give up the 100% growth or 100x growth a year if I can build a revenue-based, sustainable business," said Agrawal. Vidit Agrawal Co-founder, GajiGesaThey were already cutting costs for the first two operating years despite having $9 million in the bank, he said. Investors include January Capital, Northstar Group, European earned wage access company Wagestream and Next Billion Ventures.

☆ How and where to use your travel points for a ski vacation
▼ + stars: | 2022-12-07 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +23 min

Marriott Bonvoy ski vacation hotelsOf the three major hotel chains in the US, Marriott has the largest number of properties catered toward ski vacations. Points required: A Category 7 property, requiring 25,000 to 35,000 World of Hyatt points per night. Points required: A Category 6 property, requiring 21,000 to 29,000 World of Hyatt points per night. Points required: A Category 7 property, requiring 25,000 to 35,000 World of Hyatt points per night. Points required: A Category 6 property, requiring From 21,000 to 29,000 World of Hyatt points per night.

The Department of Veterans Affairs doesn't set a minimum credit score for VA loans, but lenders typically do. VA loan borrowers need to meet minimum service requirements set by the VA, as well as minimum credit requirements set by their lender. VA lenders that accept low credit scoresAs you prepare to apply for a mortgage, look for lenders that have low minimum credit score requirements or are willing to work with borrowers who have rocky credit histories. If you currently have no credit score, you may be able to use non-traditional credit with certain lenders to prove your creditworthiness. Lowering your credit card balances will also decrease your credit utilization ratio, which can increase your credit score.

☆ Japan's SoftBank agrees to sell stake in THG
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +1 min

Oct 17 (Reuters) - THG (THG.L) said on Monday a trading arm of Japan's SoftBank Group Corp (9984.T) has agreed to sell its holding in the British e-commerce group to THG Chief Executive Matthew Moulding and Qatar's sovereign wealth fund. SB Northstar, the fourth largest shareholder in THG, will sell its 80.6 million shares, which represent about 6.4% of the British company's capital. THG and SoftBank had agreed to terminate their collaboration in July due to challenging global market conditions. read moreMoulding's purchase will take his direct and indirect holding in THG to 320.9 million shares, about 25% of the group's capital. Shares of London-listed THG were up 12.9% at 45.8 pence at market close.

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