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Three times a day we would gather "off the desk," and I would have to defend every stock we owned. First, there's the obvious mistakes that we have made: Bausch Health and Foot Locker . To signify the changes, he renamed it Bausch Health in 2018, after the eye-care company Valeant bought for $8.7 billion five years earlier. We thought the IPO market would come back, and Bausch Health would win the lawsuit and all would be back on track. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jeff Marks, Karen Cramer, Cramer, Karen, Max Palevsky, It's, Joseph Papa, Clint Eastwood, Papa, Jim Cramer, Valeant, Bausch, Locker, Mary Dillon, Dillon, Wall, Emerson, Cristiano Amon, Laxman Narasimhan, Howard Schultz, Narasimhan, Benckiser, Kevin Johnson, Schultz, Johnson, it's, , Foot Locker, Jim Cramer's, Jim Organizations: Cramer &, Intel, Charitable Trust, Co, Starbucks, Bausch Health, Pharmaceuticals, Perrigo, Health, Norwich Pharmaceuticals, Former, Emerson Electric, Qualcomm, National, Eaton Corp, Broadcom, Palestine, PepsiCo, Nestle, Elliott Management, Emerson, CNBC, Getty Locations: China, , Israel, U.S, BHC, FL, Jinan, East China's Shandong province
New York CNN —It’s a moment many shoppers grapple with at some point during a grocery run: Why does a carton of brown eggs cost more than a carton of white eggs? “It costs more to make a dozen brown eggs because the chickens that produce them tend to eat more.”Egg farmers say brown and white eggs are closely matched in their nutritional value. “If there’s brown eggs next to white eggs, typically you’re going to pay anywhere between 10% to 20% more for brown eggs, regardless of free range or organic,” he said. Brown eggs generally cost more in stores than white eggs. Looking specifically at the economics of producing brown eggs versus conventional white eggs, Anderson confirmed it does indeed cost more to produce the brown variety.
Persons: New York CNN —, It’s, , Daniel Brey, Brey, ” Brey, Edmund McNamara Edmund McNamara, Rose, Joan Frank, , ” Frank, McNamara, Phil Lempert, David Anderson, ” Anderson, Brown, Edmund McNamara, they’ve, Anderson Organizations: New, New York CNN, Rhode Island Reds, United States Department of Agriculture, University of California, David Department of Nutrition, Texas, M University Locations: New York, Jeffersonville , New York, Norwich , NY, New York’s Westchester County
Bausch Health Companies on Tuesday morning reported first-quarter top- and bottom-line misses — putting embattled shares under pressure. BHC YTD mountain Bausch Health YTD Bottom line Along with quarterly results, Bausch Health reaffirmed forward guidance. While not necessarily expected to see a massive increase in adoption in the future like Lilly's GLP-1s, Xifaxan currently accounts for 41% of Bausch Health sales, excluding B+L. Breaking that down: $4.7 billion to $4.85 billion are attributable to Bausch Health (implying 2% to 5% organic growth), with $4.6 billion to $4.7 billion attributable to Bausch + Lomb. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Bausch, Eli Lilly, It's, Xifaxan, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique Organizations: Health, Bausch Health, Norwich Pharmaceuticals, Amneal Pharmaceuticals, Food and Drug Administration, Management, CNBC Locations: generics, Norwich
Webber’s comments came during an interview about his upcoming four-week expedition to climb Mount Everest for charity. Julian Finney/Getty ImagesCNN has attempted to contact Webber for comment. Webber and his wife Zoe are co-founders of the Summit Foundation, which works with other charitable organizations to create programs to help young people. According to the foundation’s website, one of its aims is to help break the poverty cycle through education. CNN has contacted Norwich City, which plays in the second tier of English soccer, for comment.
Persons: CNN —, ” Stuart Webber, – Jonny Rowe, Abu Kamara, Max Aarons, Jamal Lewis, Raheem Sterling –, Webber’s, , , ” Raheem Sterling, Julian Finney, Webber, Zoe, we’ll, Kamara –, Norwich City –, Aarons, Amber, Lewis ’, Catrina, – Webber Organizations: CNN, Norwich City, England, Getty, Summit Foundation, League One, Portsmouth, Norwich City –, Huddersfield Town, Wolverhampton Wanderers, Queens Park Rangers, Liverpool, Wrexham Locations: England, Wales, Norwich, Iran,
"Students have no confidence that they are going to get the financial aid they need to make college affordable and they are opting out." Under the new aid formula, an additional 2.1 million students should be eligible for the maximum Pell Grant, according to the U.S. Department of Education. However, given the slower pace of FAFSA applications being submitted, "the number of Pell Grant recipients will be about the same as last year, despite the new Pell Grant formula making it easier for students to qualify," Kantrowitz said. "The goal of FAFSA simplification was to increase the number of lower-income students applying. FAFSA completion paves the way to college
Persons: Anne Zinn, Kantrowitz, Pell Grant Organizations: National College, Network, Norwich Free Academy, U.S . Department of Education Locations: Norwich, Conn
Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 6, 2022. Apple has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China. A preliminary settlement was filed on Friday with the U.S. District Court in Oakland, California, and requires approval by U.S. District Judge Yvonne Gonzalez Rogers. Apple posted $97 billion of net income in its latest fiscal year, and its payout equals a little under two days of profit. The case is In re Apple Inc Securities Litigation, U.S. District Court, Northern District of California, No.
Persons: Tim Cook, Yvonne Gonzalez Rogers, Cook, Shawn Williams, Rogers, Apple Organizations: Apple Inc, Apple Worldwide, Apple, U.S, Norfolk Pension Fund, Apple Inc Securities Litigation, Court, Northern District of Locations: Cupertino , California, China, Oakland , California, Brazil, India, Russia, Turkey, Norfolk, Norwich, England, Northern District, Northern District of California
Bausch Health Companies reported a fourth-quarter earnings beat on Tuesday. However , the stock's upside is likely limited until the legal battle over one of its most popular drugs is resolved. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $869 million was up 5.6% versus last year and ahead of the $863 billion consensus estimate. That makes Xifaxan responsible for 38% of Bausch Health sales, excluding B+L. Breaking that down, $4.7 billion to $4.85 billion are attributable to Bausch Health (implying 2% to 5% organic growth), with $4.6 billion to $4.7 billion attributable to Bausch + Lomb.
Persons: we've, Bausch, Salix, companywide EBITDA, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique Organizations: Health Companies, Pharmaceuticals, Norwich Pharmaceuticals, U.S ., Appeals, Federal Circuit, Bausch Health, Management, CNBC Locations: BLCO, Bausch
Jürgen Klopp will unexpectedly step down as Liverpool soccer team manager at the end of this season, the club said Friday. The charismatic German coach joined Liverpool in 2015 and led the storied club to a European Champions League title in 2019 and an English Premier League title in 2020. Klopp replaced Brendan Rodgers at the helm in October 2015, when Liverpool was languishing in 10th place in the Premier League. In the following year, Klopp led the club to a fourth-place finish in his first full season in charge. Liverpool is the most successful club in English soccer by number of awards, winning 68 trophies over its 132-year history.
Persons: Jurgen Klopp, Estadio Wanda Metropolitano, Jürgen Klopp, John Henry, Klopp, Brendan Rodgers Organizations: Liverpool, Champions, UEFA Champions, Tottenham Hotspur, Estadio Wanda, Liverpool soccer, European, League, English Premier League, Reds, FA, England's, FIFA Club, UEFA, Borussia Dortmund, Fenway Sports Group, League Baseball's Boston Red Sox, National Hockey League's Pittsburgh Penguins, NASCAR's RFK Racing, Premier League, Manchester City, City, Chelsea, Norwich City Locations: Madrid, Spain, German, Liverpool, American
Rex Heuermann, whom prosecutors charged in July as the Gilgo Beach serial killer, was indicted Tuesday morning in connection with a fourth murder. Mr. Heuermann, 60, was previously charged in the killings of three of the four women who in 2010 were found bound in similar fashion with burlap, belts and tape on the Long Island oceanfront. In July, prosecutors called Mr. Heuermann the prime suspect in the murder of the fourth woman, Maureen Brainard-Barnes, 25, of Norwich, Conn. Ms. Brainard-Barnes disappeared in 2007, becoming the first of the so-called Gilgo Four to vanish. But charges in her killing were delayed, pending DNA test results on a hair recovered from her remains, and the grand jury in the case continued its work. Months later, it finally returned a murder indictment in connection with her death.
Persons: Rex Heuermann, Heuermann, Maureen Brainard, Ms . Brainard, Barnes Locations: Barnes, Norwich, Conn
CNN —Eating higher amounts of ultraprocessed food raises the risk of being diagnosed with multimorbidity, or having multiple chronic conditions such as diabetes, heart disease and cancer, a new study found. “This paper reports a 9% increase in risk of multimorbidity to be associated with higher intake of ultraprocessed food,” Sanders said in a statement. In the United States, a 2019 study estimated some 71% of the food supply may be ultraprocessed. Sugary and artificially-flavored drinks and ultraprocessed meats like hot dogs were significantly linked to the development of ccancer and other disease. When ultraprocessed foods were examined by subgroups, not all appeared to be associated with developing multiple chronic conditions, said lead author Reynalda Córdova, a postdoctoral student in pharmaceutical, nutritional and sport sciences at the University of Vienna.
Persons: , Helen Croker, Tom Sanders, ” Sanders, Ian Johnson, ” Johnson, Heinz Freisling, Duane Mellor, Mellor, ” Mellor, Reynalda Córdova, ” Córdova, Freisling Organizations: CNN, Cancer Research Fund, King’s College London, Quadram Institute Bioscience, International Agency for Research, Cancer, Food and Agriculture Organization, United Nations, NOVA, Aston Medical School, University of Vienna Locations: Norwich, United Kingdom, Europe, United States, Birmingham,
But they aren't enough to overcome the headwind of the company's ongoing patent legislation. Good numbers, but they take a back seat to the legal battle over Bausch drug Xifaxan. Management didn't provide any update on timing for when the remaining 88% of BLCO that Bausch Health owns will be sold off. Management now expects companywide EBITDA in a range of $3.01 to $3.11 billion, versus an earlier range of $3.0 to $3.15 billion. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Bausch, Xifaxan, BCH's Bausch, companywide, Jim Cramer's, Jim Cramer, Jim, Timothy Fadek Organizations: Health, Revenue, Pharmaceuticals, Norwich Pharmaceuticals, D.C, Norwich, FDA, XIFAXAN, Management didn't, Bausch Health, Management, CNBC, International Pharmaceutical, Bloomberg, Getty Images Bloomberg, Getty Locations: New York, U.S, Interphex
Is a Financial Advisor Worth It?
  + stars: | 2023-10-24 | by ( Bernice Napach | ) www.wsj.com   time to read: +12 min
The right financial advisor can help you find the right answers to your life’s biggest, most difficult financial decisions. A one-time feeIf all you need is a comprehensive financial plan—a look at how your current savings, including your 401(k) and investments stack up—you don’t need to retain a financial advisor. When a financial advisor may be worth the costA financial advisor is worth paying for if they provide help you need, whether because you don’t have the time or financial acumen or you simply don’t want to deal with your finances. You want reassurancePlenty of investors work with a financial advisor for less tangible reasons too. ”It’s important that you get quality fiduciary advice on all those subjects because they’re irrevocable.”When a financial advisor probably isn’t worth the costThere are several financial areas where paying for a financial advisor may not be worth the cost, especially if you are willing to do a little basic research and have the discipline to stick to your goals.
Persons: Bernice Napach, , Rick Ferri, Read, it’s, that’s, won’t, Fee, Micah Hauptman, Peter Palion, , “ They’re, ” Sheryl Garrett, Eric Amzalag Organizations: Vanguard, Ferri Investment Solutions, Investment, Consumer, Consumer Federation of America, IRS, Advisors, Garrett Planning Network, Peak Financial Locations: Georgetown , Texas, East Norwich, N.Y, Los Angeles
Newcastle dump Man City out of EFL Cup and draw Man Utd
  + stars: | 2023-09-27 | by ( Alan Baldwin | ) www.reuters.com   time to read: +4 min
"It was a game of two halves for us," said Newcastle manager Eddie Howe, who brought on Bruno Guimaraes and Anthony Gordon after the interval. It was the third year in a row that City, winners four times in a row from 2018 to 2021, had gone out of the competition early. "We played an incredible game," City manager Pep Guardiola told Sky Sports television. LIVERPOOL THROUGHManchester United beat Crystal Palace , also their league opponents next weekend, 3-0 at Old Trafford on Tuesday. Blackburn Rovers thrashed Championship rivals Cardiff City 5-2 in the highest scoring match of the night and are at Chelsea next.
Persons: Alexander Isak, Isak slotting, Phil Foden, Erling Haaland, Nick Pope, Julian Alvarez, Eddie Howe, Bruno Guimaraes, Anthony Gordon, Pep Guardiola, Sean Dyche's, Cody Gakpo, Kasey McAteer's, Dominik Szoboszlai, Diogo Jota, Juergen Klopp, Alex Iwobi, Aaron Ramsdale, David Raya, Reiss Nelson, Alan Baldwin, Toby Davis Organizations: Newcastle, Man, St James, Park Magpies, Manchester United, Liverpool, Leicester, Brentford Chelsea, Everton, Fulham, Newcastle United, Manchester, League, City, Sheffield United, Sky Sports, Southampton, LIVERPOOL, Crystal, Old, ., Brighton & Hove Albion, Chelsea, Aston Villa, Brentford, Arsenal, Burnley, Leicester City, Anfield, Premier League rivals Bournemouth, Stoke City, Norwich City, Ipswich Town, Ipswich Town . West Ham United, Lincoln City, Gunners, Community, Blackburn Rovers, Cardiff City, Thomson Locations: West Ham, LONDON, Manchester City, Swedish, Joelinton, Newcastle, Old Trafford, Nigeria, Ipswich Town ., Lincoln, London
Investors should buy Bausch Health Companies as shares can more than double from here, Jefferies said. Bausch Health is embroiled in a legal battle over Xifaxan, its drug for irritable bowel syndrome with diarrhea, to prevent generics from entering the market. Bausch Health has been hoping to spin off its valuable vision care unit, Bausch + Lomb, for several years. Bausch Health shares are higher this year by more than 22%. The analyst cited other reasons why Bausch Health shares will get a boost.
Persons: Jefferies, Glen, mgt, Santangelo, Bausch, — CNBC's Michael Bloom Organizations: Health Companies, Health, Bausch Health, FDA Locations: Xifaxan, Norwich, Bausch, New Jersey
Within a few weeks, the app connected Ms. Scalesse with Sheldon Thien Nguyen, 31, a pharmacist living in New Brunswick, N.J., which was at least an hour’s drive from where she lived. “Bri didn’t realize that Manhattan was something like two or three miles wide, so she had her radius set really huge,” Mr. Nguyen said. “It’s the reason we met,” Ms. Scalesse said. Their first date was at a Totto Ramen in Midtown Manhattan on the morning of Feb. 17, 2019; Ms. Scalesse fretted about what to wear. “We had talked about being in fashion, so we both wanted to show up with the coolest fits,” said Ms. Scalesse, 28, a model and a disability advocate.
Persons: Sophia Scalesse, Scalesse, Sheldon Thien Nguyen, “ Bri, Mr, Nguyen, , ” Ms, Locations: Manhattan, Norwich, Conn, New Brunswick, N.J, Midtown Manhattan
Aug 22 (Reuters) - Burnley have signed midfielder Aaron Ramsey from Aston Villa, both Premier League clubs said on Tuesday, with the England under-20 international penning a five-year contract. No financial details have been disclosed but British media reported Burnley would pay Villa 14 million pounds ($17.82 million) for the 20-year-old. "I have been waiting to be a Burnley player for a while now and I'm really happy it's all officially done now. I can't wipe my smile off my face." Ramsey earned more than 30 caps with England youth teams, winning under-19 European Championship in 2022.
Persons: Aaron Ramsey, Ramsey, I'm, Anita Kobylinska, Toby Davis Organizations: Burnley, Aston Villa, Premier League, Villa, FA, Norwich City, Middlesbrough, England, Thomson Locations: England, Gdansk
BERLIN, Aug 11 (Reuters) - Tottenham Hotspur striker Harry Kane has agreed to move to German champions Bayern Munich after the two clubs reached a preliminary deal for his transfer, Germany's Bild newspaper said on Friday. The English club and Bayern had reportedly agreed on the move on Thursday but needed the consent of Kane, who has another year on his contract at Tottenham. Kane joined Tottenham's academy aged 11 before making his senior debut in 2011. Bayern coach Thomas Tuchel will hold a press conference later on Friday ahead of Saturday's season start with the German Super Cup against RB Leipzig. The Bundesliga starts next week with Bayern facing Werder Bremen on Aug. 18.
Persons: Harry Kane, Kane's, Kane, Alan Shearer's, Thomas Tuchel, Karolos, Miral Organizations: Tottenham Hotspur, Bayern Munich, Bundesliga, Bayern, Tottenham, Champions League, Leyton Orient, Millwall, Norwich City, Leicester City, Spurs, Premier League, German, RB Leipzig, Werder Bremen, Thomson Locations: German, London, Leicester
What’s the Status of Flaunting Your Status?
  + stars: | 2023-07-22 | by ( Guy Trebay | ) www.nytimes.com   time to read: +2 min
“We are collectively spending more time checking out what the rich and famous are doing and less time on what Barry from H.R. and Sandra from accounting were up to last weekend,” said Nicholas Bloom, the William D. Eberle professor of economics at Stanford. “Wealth porn,” Stellene Volandes, editor in chief of Town & Country, termed such postings. And as with any permutation of adult entertainment, it’s free online: Anyone can watch. Yet their excesses were noted by a relative few.
Persons: , , William Norwich, The New York Post’s, Hermès Birkin, Barry, Sandra, Nicholas Bloom, William D, Eberle, Karlie Kloss, Josh Kushner —, Slack, Kloss, hoi, Kushner, David Geffen’s humongous, Stellene Volandes, predacious, tycoons, Lacroix Organizations: The New, Stanford, Spotify, Town, Reagan, Metropolitan Museum of Art’s, New York Times Locations: The New York, facto, Calabasas, H.R, Grenadines
The lawsuit stemmed from Cook's comment on a Nov. 1, 2018, analyst call that while Apple faced sales pressure in markets such as Brazil, India, Russia and Turkey, where currencies had weakened, "I would not put China in that category." Rogers, based in Oakland, California, said jurors could reasonably infer that Cook was discussing Apple's sales outlook in China, not past performance or the impact of currency changes. The judge also said that prior to Cook's comment, Apple knew China's economy had been slowing and had data suggesting that demand could fall. Apple and its lawyers did not immediately respond on Tuesday to requests for comment. The case is In re Apple Inc Securities Litigation, U.S. District Court, Northern District of California, No.
Persons: Tim Cook, Yvonne Gonzalez Rogers, Rogers, Cook, Apple, Jonathan Stempel, Jonathan Oatis Organizations: Apple Inc, Apple, U.S, Norfolk Pension Fund, Apple Inc Securities Litigation, Court, Northern District of, Thomson Locations: U.S, China . U.S, Brazil, India, Russia, Turkey, China, Cupertino , California, Oakland , California, Norfolk, Norwich, England, Northern District, Northern District of California, New York
June 23 (Reuters) - Aston Villa's new front-of-shirt sponsorship deal with an online betting firm is a "cynical attempt" at financial gain and ignores concerns about gambling sponsorship in sports, the Aston Villa Supporters' Trust (AVST) said on Thursday. Villa have agreed to a partnership with Asia-based online betting firm BK8 until the end of the 2025-26 campaign, when Premier League clubs will withdraw gambling sponsorships from the front of their matchday shirts. Norwich City cancelled a sponsorship deal with BK8 in 2021 after three days following a backlash from supporters over its sexualised marketing material involving young women. loading"At the time, we were given assurances of the club's due diligence process and advised that the misogynistic practices were that of a BK8 affiliate," AVST said. Reuters has contacted Aston Villa and BK8 for comment.
Persons: Aston, Villa, AVST, BK8, Hritika Sharma, Jan Harvey Organizations: Aston Villa Supporters, Trust, Premier League, Norwich City, BK8, Reuters, Aston Villa, Thomson Locations: Asia, Birmingham, Hyderabad
Companies FirstGroup PLC FollowMarch 2 (Reuters) - Britain’s FirstGroup (FGP.L) will add another 117 electric buses to its fleet by next year after the public transport operator secured new funding as part of the country's move towards cleaner travel. The group was able to secure 25 million pounds of government co-funding in partnership with local authorities through the Zero Emission Bus Regional Area (ZEBRA) funding programme. Britain is on the road to investing heavily in policies that promote public transport, including buses, providing incentives for operators to convert diesel buses to electric or hydrogen-powered vehicles. The company, which runs First Bus and First Rail, was also awarded funding under the first ZEBRA scheme last March. The new funding will take the total number of electric buses in its fleet to more than 600 by March 2024.
Sam Claflin, 36, is an English actor who has appeared in the film “Pirates of the Caribbean: On Stranger Tides” and in the TV series “Peaky Blinders.” He currently stars in the Prime Video series “Daisy Jones & the Six.” He spoke with Marc Myers. Growing up in Norwich, England, I was obsessed with football, what Americans call soccer. I played on four teams—for my school, my county, Norwich City Academy and a Sunday league.
Less than three years later on Wednesday, tens of thousands of nurses in England are estimated to have walked off work as part of an unprecedented strike shaking the country’s much-loved but troubled National Health Service. They are also striking to highlight the long-term deterioration of the service amid a chronic shortage of health care staff and ballooning living costs. Meanwhile, the health service, normally a huge source of pride for Britons, has spiraled into crisis due to long- and short-term factors including the fallout of the pandemic. As of September, there were a record 132,000 unfilled health service jobs — almost 10% of the total workforce of more than 1.3 million — according to figures released by NHS England. She described one shift in which three nurses and two student nurses looked after 15 patients.
Elsewhere, League Two (fourth tier) side Stevenage pulled off the shock of the weekend by winning 2-1 at Premier League Aston Villa, scoring two goals in the final few minutes. City will play at home in the fourth round against either Premier League leaders Arsenal or League One side Oxford United, who meet on Monday. Potter said City were the last team he could wish to face during the team's difficult run of form. Walsall beat Stockport County 2-1, Stoke City won 3-0 at Hartlepool, Blackburn Rovers beat Norwich City 1-0 and Derby County beat Barnsley 3-0 to also make it to the fourth round. Bristol City and Swansea City will meet again in a replay after drawing 1-1.
Former American international Berhalter signed his first professional contract with Dutch side PEC Zwolle and also played for Sparta Rotterdam and Cambuur Leeuwarden during an 18-year playing career. Berhalter is not the only person in the American camp with Dutch experience. Right back Sergino Dest was born to a Dutch mother and Surinamese-American father in Almere, Netherlands and grew up in Holland. It's a very good club to develop players and he did really well there," Berhalter said. "It looks pretty good, but we'll have to see him today on the pitch to get confirmation of that," Berhalter said.
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