DIRS.INFO The most relevant business & tech news

☆ China's president arrives in Europe to reinvigorate ties at a time of global tensions
▼ + stars: | 2024-05-05 | by ( ) www.cnbc.com time to read: +2 min

Chinas President Xi Jinping (L) and his French counterpart Emmanuel Macron attend the official welcoming ceremony in Beijing on April 6, 2023. Chinese President Xi Jinping kicked off a three-country trip to Europe on Sunday with the continent divided over how to deal with Beijing's growing power and the U.S.-China rivalry. Xi starts Sunday in France, whose president wants Europe to have more economic and strategic independence from other world powers. Then the Chinese president heads to Serbia and Hungary, both seen as China-friendly and close to Russian President Vladimir Putin, and recipients of substantial Chinese investment. On Monday French President Emmanuel Macron will treat the Chinese leader to formal honors of a full state visit.

Persons: Xi Jinping, Emmanuel Macron, China's, Xi, Vladimir Putin, Gabriel Attal –, Ursula von der Leyen Organizations: U.S ., EU, Paris, Airport, French, Monday, European Locations: Beijing, Europe, U.S, China, Russia, Ukraine, Russian, France, Serbia, Hungary, Washington, Tibet, Paris

☆ A plane used to fly VIPs like King Charles made an emergency landing after windowpanes fell off
▼ + stars: | 2024-04-19 | by ( Mikhaila Friel | Taylor Rains | ) www.businessinsider.com time to read: +4 min

The Airbus plane had previously been used by King Charles, Queen Camilla, and other UK officials. AdvertisementA plane used by VIPs like King Charles and Queen Camilla had to make an emergency landing after three windowpanes fell out mid-flight. The lights, used to convey a sunrise, had been aimed at the windows for several hours at a time, the report said. A hole burned through one of the windows while five other windows were deformed after 2,000W lights were used, the report said. If high-intensity lights were used, it suggested keeping use to a minimum and away from windows.

Persons: King Charles , Queen Camilla, —, King Charles, Queen Camilla, Charles, Camilla, Charles III, Tim Rooke, Rishi Sunak, James Organizations: Titan Airways, Airbus, Service, Air, Investigation, Telegraph, Airport, British, Business, Investigation Branch, Boeing Locations: London, Orlando, British, France, Paris, Buckingham

☆ The world’s best airports for 2024, according to Skytrax
▼ + stars: | 2024-04-18 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

For the last decade, Singapore’s Changi International Airport and Doha’s Hamad International Airport have been going back and forth, battling over the title of ‘world’s best’. European airports dominateNine of the top 20 best airports are in Europe, including Vienna, Madrid and Istanbul. Kansai International Airport (KIX), which serves the Osaka area, scored the award for the world’s best airport baggage delivery. El Dorado International Airport (BOG), which serves Bogota, Colombia, was voted the best airport in South America, while Panama Tocumen Airport (PTY) won the honor of best airport for Latin America and the Caribbean. The world’s best airports for 20241.

Persons: CNN — Ali, Frazier, ‘, Badr Mohammed Al Meer, It’s, Charles de Gaulle, ORY, Indira, Skytrax, Paris Charles de Gaulle Organizations: CNN, The Red Sox, Yankees, Doha, Singapore, Singapore’s, Singapore’s Changi International Airport, Doha’s Hamad International, Hamad International, Airport, ” Qatar Airways Group’s, Oryx, Paris, Paris ’, Rome Fiumicino Airport, Zurich, Vantaa, Haneda, New, Chubu Centrair International, Kansai International, Vancouver International, Melbourne Airport, MEL, Australia, Indira Gandhi International Airport, Cape Town Airport, King Shaka International, El Dorado International, Panama Tocumen, TWA, New York JFK, Hyatt Regency Shenzhen, Hilton Munich Airport, Crowne Plaza Changi Airport, Doha Hamad, Singapore Changi, Seoul Incheon, Tokyo Narita, Dubai, Munich, Istanbul, Hong Kong, Rome Fiumicino, Vienna, Madrid, Barajas, Vancouver, Kansai, Melbourne, Copenhagen Locations: Singapore’s Changi, Doha’s, Qatar’s, Singapore, Doha, “, Frankfurt, Germany, Europe, Vienna, Madrid, Istanbul, Paris, Skytrax, Rome, Helsinki, HEL, Japan, Asia, Haneda, Narita, New Chitose, Sapporo, Nagoya, Osaka, North America, Down, Pacific, India, Cape, Africa, Durban, Bogota, Colombia, South America, Panama, America, Caribbean, New York, China, Tokyo, Vantaa

☆ The beautiful African paradise islands that most tourists don’t know about
▼ + stars: | 2024-04-10 | by ( Joe Yogerst | ) edition.cnn.com time to read: +9 min

CNN —A couple of African paradise islands have been on the radar of avid world travelers for some time. Shellfish Bay on the island’s windward side shelters one of East Africa’s most spectacular beaches, a crescent of white sand framed by 100-meter dunes. Bazaruto Island Resort, the island’s top digs, can arrange scuba diving and snorkeling, sailing on traditional dhow boats, guided 4x4 wildlife safaris, sandboarding on the dunes and other outdoor activities. Lamu’s best beaches are on the island’s windward side, around a 30–40-minute walk via Shela village. — and an ancient stone nilometer for measuring the river’s water level — reflect the island’s importance during pharaonic times.

Persons: São Filipe, Denis, Ponta, Ariadne Van Zandbergen, Dar es Organizations: CNN, Ethiopian Airways, oneworld, Getty, UNESCO, Heritage, Cabo Verde Airlines, Overseas, Paris Orly, Animalia Museum, Egypt, Vogue, Reserve, Dar es Salam Locations: Mauritius, Seychelles, Canary, Africa, Madagascar, Addis Ababa, Bazaruto, Mozambique, East, sandboarding, Johannesburg, Vilanculos, Lamu, Kenya, Manda, Malindi, Nairobi, JamboJet, Fogo, Cape Verde, Cabo Verde, West Africa, Pico, Verde’s, Praia, Overseas Territory, Réunion, French Caribbean, L’Hermitage, Saint, Paris, Antananarivo, Elephantine, Egypt, Aswan, Bissagos, Guinea, Bissau, Bubaque, Pemba, Tanzania, Zanzibar, Tanga, Dar, FlightLink

☆ Michael Landsberg on his top stock picks: SNPS, ORLY, AXON, RHMB
▼ + stars: | 2024-03-25 | 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 EmailMichael Landsberg on his top stock picks: SNPS, ORLY, AXON, RHMBMichael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Monday.

Persons: Michael Landsberg, RHMB Michael Landsberg, Landsberg Bennett Organizations: Wealth Management Locations: ORLY, Landsberg

☆ Buy these stocks for 'outsized' performance in a bull market, Bank of America says
▼ + stars: | 2024-03-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Investors can still find names with plenty of upside potential, even as stocks leap to fresh highs, according to Bank of America. They include CrowdStrike, Emerson Electric, Progressive, Rollins and O'Reilly Automotive. Rollins "This stock is the bees knees and still a Buy," analyst Jason Haas said of the pest control provider. Progressive PGR may arguably be the least volatile stocks in the S & P 500 that can deliver outsized stock performance. … We see limited risk to Rollins' growth trajectory-from a soft housing market, recession, competition, or weather-and therefore believe the stock deserves a premium multiple."

Persons: Rollins, Andrew Obin, Emerson, Obin, it's, Jason Haas, Haas, Joshua Shanker, Shanker, O'Reilly, … Emerson, … Organizations: Bank of America, CNBC, CrowdStrike, Emerson Electric, Progressive, O'Reilly Automotive, Emerson, National Instruments, ORLY Locations: Bank, Pest, downturns, ORLY

☆ These 2 under-the-radar stocks are outperforming during the sell-off and ready to breakout
▼ + stars: | 2024-02-14 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

Only 10% (or about 50) of the S & P 500's holdings advanced on Tuesday's market-wide sell-off, which is an extremely low amount. Being up on a very big down session isn't the only thing that the stocks have in common. In fact, they are two of just 10 S & P 500 holdings currently trading over the $1L mark. Primed to outperform the market again All that said, AZO and ORLY have not outperformed the S & P 500 over the last two years. But their recent relative lines vs. the SPX now resemble the patterns from 2019-21, right before strong relative moves commenced.

Persons: AZO, they've, Frank Cappelleri Organizations: O'Reilly Automotive, ORLY, & $ Locations: ORLY, AZO's, …, AZO

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Goldman Sachs expects below-average returns for the next 2 years. It shares 3 strategies to beat the market and 23 stock picks across them.
▼ + stars: | 2023-11-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

These are some of the forecasts for 2024 from Goldman Sachs chief US equity strategist David Kostin and his team. But that doesn't mean it's time to expect a full-on bull market or rapid economic growth anytime soon. So, to leave room for alternative outcomes, Kostin envisioned an even more optimistic scenario that would see rate cuts and stronger economic growth. The second strategy is to not shy away from growth stocks, but rather, be discerning. Yet, their forecasted sales growth is below their 2023 numbers.

Persons: Goldman Sachs, David Kostin, Kostin, Goldman isn't, Sherwin, Williams, Stocks, Eli Lilly, Russell, John Organizations: Federal, Treasury, Bloomberg, Business, O'Reilly Automotive, Dwight, Marathon Petroleum, Intercontinental Exchange, Truist Financial, Rollins Inc, Power Systems, Water, Enphase Energy, Co, NVIDIA, EQT Corp, Toro Company, John Bean Technologies Corporation, Delta Air Lines, DAL, Alaska Air Group Locations: Goldman's, ORLY, Albemarle, ALB

☆ Hamas wants to wreck years of US efforts to mend Israel-Arab ties — and it looks like it's working
▼ + stars: | 2023-11-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Thursday Bahrain, one of the original signatories of the Trump-era Abraham Accords, said it would recall its ambassador to Israel. AdvertisementAdvertisement"Presumably there's a limit to how much carnage Israel can get away with before Arab countries pull out of the Abraham Accords. The UAE has reaffirmed its commitment to the Abraham Accords, reported the Jewish News Syndicate. But the longer Israel's campaign continues, and images and civilian deaths and devastation are broadcast around the world, the more public anger will build, putting huge pressure on Arab leaders to act.

Persons: —, Joe Biden, Donald Trump, Israel, Abraham, Giorgio Cafiero, Cafiero, Abraham Accords —, Biden Organizations: Saudi, Service, United Arab Emirates, Protesters, Thursday Bahrain, Trump, Abraham Accords, West Bank, Analytics, Abraham, Jewish News Syndicate, Orly Goldschmidt, CNN Locations: Israel, Gaza, UAE, Saudi Arabia, Bahrain, Egypt, Morocco, West, Gulf, Iran, Saudi

☆ Shani Louk became the face of Hamas' brutal massacre. Her family says they'll remember her as a 'pacifist' with a pure soul.
▼ + stars: | 2023-11-02 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +8 min

Shani Louk was a German-Israeli tattoo artist who was thought to have been kidnapped by Hamas. Shani Louk, dressed in an olive green two-piece, is one of them. AdvertisementAdvertisementRicarda Louk sits in front of a placard of her daughter Shani Louk Tuesday Oct. 17, 2023 in Tel Aviv. Evelyn Hockstein/Reutersn the early years of her life, Louk's family moved to Portland, Oregon, after her father, Nissim, got a job at Intel. In other photos posted by her sister, the Louk family appears to be very close.

Persons: Shani Louk, Louk, —, Akbar, Alleruzzo, Amit, Louk's, Ricarda, Der Spiegel, Adi, Nissim, Ricarda Louk, Li, Evelyn Hockstein, Devorah Spilman, Spilman, Evenlyn Hockstein, didn't, Orión Hernández Radoux, Radoux, Amir Cohen, Netanyahu, Gallant, Ammar Awad, isn't, Shani Organizations: Service, Nova, Hamas, Sky News, Intel, Portland Jewish Academy, Orly, Reuters, Defence, Süddeutsche Zeitung, Israeli Locations: German, Gaza, Hamas, Israel, Tel Aviv, Ravensburg, Germany, Srigim, Portland , Oregon, Orly, Greece

☆ The new breed of long-haul, low-cost airlines: What you need to know
▼ + stars: | 2023-10-30 | by ( John Walton | ) edition.cnn.com time to read: +8 min

CNN —You’ve seen them on TikTok and on Instagram: people flying on the new generation of long-haul, low-cost airlines where the fares sound too good to be true. By and large, long-haul, low-cost airlines focus on four specific markets: transatlantic, transpacific, southeast Asia and Australia. With a home base at Narita international airport, Zipair Tokyo is Japan Airlines' low-cost arm. Yoshio Tsunoda/AFLO/ShutterstockHome base: Tokyo (Narita, the airport an hour away from the city)Notable routes: Honolulu, LA, SF, San Jose (CA)Flies: Boeing 787sWhat you need to know: This is Japan Airlines’ low-cost arm. Scoot is Singapore Airlines' low-cost arm.

Persons: CNN — You’ve, ” you’ll, Markus Mainka, Pawel Gradek, Yoshio Tsunoda, Edgar Su, “ Organizations: CNN, Boeing, Airbus, That’s, AirAsia X, Buenos Aires, British Airways, Aer Lingus, Atlantic, Atlantic Airways, Air Premia, Premia, Narita, Japan Airlines, Japan Airlines ’, Singapore Airlines, Reuters, Singapore Airlines ’, Qantas, Getty, Jetstar, London, AirAsia Locations: New York, Paris, Asia, Australia, Paris Orly, Orly, LA, Miami, NY, France, Barcelona, Boston, Buenos, Santiago de Chile, IAG, Iberia, Aer, Oslo, London, Gatwick, Berlin, Rome, Chicago, Orlando, Seoul, Incheon, Honolulu , LA, Newark, Frankfurt, Tokyo, Japan, Narita, Jose, Scoot, Singapore, Athens, New Zealand, Southeast Asia, AFP, Honolulu, Kuala Lumpur

☆ 3 things to watch in the stock market next week as bond yields hover at 2007 highs
▼ + stars: | 2023-10-21 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +12 min

The usual suspects were to blame — rising bond yields, geopolitical tensions, and oil prices — and will hold the keys to the market this coming week. Earnings are one of the three major themes on the marquee next week, with 10 Club companies reporting. Here are the companies: Danaher (DHR), Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Veralto (VLTO), Honeywell (HON), Linde (LIN), Amazon (AMZN), Ford (F) and Stanley Black & Decker (SWK). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Jerome Powell, Jim Cramer, Jim, Morgan Stanley, Stanley Black, Decker, Danaher, Veralto, it's, Mark Zuckerberg, We're, Vimal Kapur, Linde, Jim Farley, Ford, FactSet, Powell, WTI, Baker Hughes, Edwards Lifesciences, Northrop, CARR, Davidson, Dr Pepper, Phillips, Jim Cramer's, Michael M Organizations: Dow Jones, Nasdaq, Economic, of New, Treasury, West Texas, Procter, Gamble, 10, Microsoft, Honeywell, Linde, LIN, Health Care, Technology, Communications Services, Google, Meta, Ford, Amazon, United Auto Workers, Atlanta, Wall Street, Hamas, Brent, Strategic Petroleum Reserve, Logitech, Verizon, General Electric, GE, RTX Corporation, Halliburton, HAL, General Motors, Dow Chemical, DOW, Xerox, Texas Instruments, F5 Networks, WM, Boeing, Fisher, Mobile, Hilton, General Dynamics, Norfolk Southern, Otis Worldwide, IBM, KLA, O'Reilly Automotive, Mattel, Whirlpool, Gross, Royal Caribbean Cruises, Hershey Company, United Parcel Service, Southwest Airlines, Altria, Northrop Grumman, Valero Energy Corp, Mastercard, Merck, Co, Myers Squibb, Newmont, Tractor Supply Company, Comcast, Seagate Technology, Boston, Hertz, Carrier, Hasbro, Harley, Intel, Grill, United States Steel, Boston Beer Company, Texas, University of Michigan, Exxon Mobil, Chevron, Charter Communications, Colgate, Palmolive, Newell Brands, Sanofi, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: of New York, U.S, Industrials, OpenAI, America, Venezuela, Cleveland, Norfolk, ORLY, Bristol, Brunswick, Oshkosh, New York City

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Microsoft, Rivian, Amazon, Skechers, Block and more
▼ + stars: | 2023-10-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America reiterates Apple as neutral Bank of America said Apple Services is the "next leg of growth." UBS reiterates Skechers as buy UBS said it's standing by its buy rating on shares of the shoe company. JPMorgan reiterates Disney as overweight JPMorgan lowered its price target on the stock to $120 per share from $125 but said it's standing by its overweight rating. Bank of America reiterates Block as buy Bank of America said investors should buy the dip in shares of the company formerly known as Square. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it's standing by its overweight rating on Microsoft shares.

Persons: Wells, Wells Fargo, Jefferies, Tesla, it's, Skechers, Daiwa, JPMorgan downgrades Corning, JPMorgan, TD Cowen, O'Reilly, Cowen, Morgan Stanley Organizations: UBS, Bank of America, Apple, of America, Apple Services, Google, DOJ, Citi, Huawei, JPMorgan, Disney, ESPN, Arts, EA, " Bank of America, Trust, Northern Trust, Holdings, Juniper Networks, Enterprise, Microsoft Locations: North America, China, Hulu, Juniper, Corning

☆ Here are Friday's biggest analyst calls: Netflix, Nvidia, Eli Lilly, Disney, Levi's, Exxon, Walmart and more
▼ + stars: | 2023-10-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan reiterates Exxon as overweight JPMorgan said it's standing by its buy rating on the oil and gas giant. Seaport initiates Netflix as buy Seaport said it sees plenty of upside in shares of Netflix. JPMorgan upgrades Eaton to overweight from neutral JPMorgan said the industrial and electrical company is best in class. UBS reiterates Levi's as buy UBS said Levi's is still an attractive stock despite the company's disappointing earnings report Thursday. " JPMorgan upgrades Apellis to overweight from neutral JPMorgan said the pharmaceutical company is well-positioned for more upside.

Persons: Piper Sandler, Bernstein, Disney, XOM, Jefferies, TD Cowen, Cowen, Eaton, Eli Lilly, Doug McMillon, Berenberg, Morgan Stanley, Meta, Levi's, Oppenheimer downgrades O'Reilly, AutoZone, Oppenheimer, it's, Truist Organizations: Disney, Netflix, Hulu, JPMorgan, Exxon, Barclays, Nvidia, Intel, Gaudi, Citi, Discover Citi, DFS, Seaport, Bank of America, Energy, of America, Apple, Vegas, Prix, Clearway Energy, Walmart, United Auto Workers, Auto, Meta, UBS Locations: Parks, NVDA, China, ETN, TEL, AZO, ORLY

☆ Buy this 'recession-resistant' auto retail stock, Citi says
▼ + stars: | 2023-10-05 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

Citi thinks O'Reilly Automotive will buck the broader weakness in the retail market. The bank upgraded the auto parts retailer to buy from neutral and raised its price target to $1,040 per share from $983. "We think the recent pullback in the shares presents an attractive buying opportunity for the stable, defensive retail stock," analyst Steven Zaccone wrote in a Thursday note. "Our target multiple is also at a slight premium to the market share leaders retail basket given the recession-resistant aspect of ORLY's business and consistent margin execution." "ORLY is the most consistent of the auto parts retailers historically.

Persons: O'Reilly, Steven Zaccone, Zaccone, — CNBC's Michael Bloom Organizations: Citi Locations: ORLY

☆ King Charles arrives in France for state visit
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

[1/3] French Prime Minister Elisabeth Borne greets Britain's King Charles ( and Britain's Queen Camilla upon arrival at the Orly Airport on September 20, 2023, on the first day of a state visit to France. Here's the latest:* The plane carrying Charles and Camilla has landed at Paris' Orly airport, where they were greeted by French Prime Minister Elisabeth Borne. Charles and Camilla tweeted in English and French, along with a video of Charles getting on the plane. Your Majesty, welcome," Macron tweeted in English, alongside a video clip of Charles' past visits to France. Macron and Charles have in particular shared correspondence and insight on the restoration of the Notre-Dame cathedral, ravaged by fire in 2019.

Persons: Elisabeth Borne, Britain's King Charles, Queen Camilla, MIGUEL MEDINA, King Charles, Emmanuel Macron, Charles, Camilla, Borne, Mireille, Queen Elizabeth, Parisian Marie, Helene Aubree, Eric Frizzi, he's, Macron, À, Louis XIV, Hugh Grant, Charlotte Gainsbourg, Mick Jagger, Ken Follett, Emma Mackey, Bernard Arnault, Xavier Niel, Arsene Wenger, Didier Drogba, Michel Rose, Ingrid Melander, Bernadette Baum Organizations: French, Airport, REUTERS Acquire, Rights, France's, Parisian, European Union, Notre, Dame, of Mirrors, Thomson Locations: France, Paris, Bordeaux, Britain, of Versailles, British, French

☆ AutoZone posts strong quarterly results on auto parts demand
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +1 min

The entrance to an AutoZone store is pictured in Temple City, California December 10, 2013. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsSept 19 (Reuters) - Auto parts retailer AutoZone Inc (AZO.N) on Tuesday posted better-than-expected profit and revenue for the fourth quarter, boosted by demand for its do-it-yourself (DIY) automotive parts. AutoZone, which competes with Advance Auto Parts (AAP.N) and O'Reilly Automotive (ORLY.O), reported a nearly 2% jump in domestic same-store sales in the quarter ended Aug. 26. Quarterly net sales rose about 6.4% to $5.69 billion from a year earlier. Fourth-quarter net income rose to $864 million, or $46.46 per share, compared to $810 million, or $40.51 per share, a year ago.

Persons: Mario Anzuoni, Bill Rhodes, Nathan Gomes, Shailesh Organizations: REUTERS, AutoZone Inc, Advance, O'Reilly Automotive, Thomson Locations: Temple City , California, Bengaluru

☆ Here are Monday's biggest analyst calls: Tesla, Netflix, Disney, Amazon, Alphabet, Nike, Costco & more
▼ + stars: | 2023-08-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

UBS reiterates Netflix as buy UBS said it's standing by its buy rating on shares of the streaming giant. Morgan Stanley reiterates Ambarella as overweight Morgan Stanley said it's bullish on shares of the semiconductor company heading into earnings this week. " UBS reiterates Disney as buy UBS said it's standing by its buy rating on shares of the entertainment giant. Morgan Stanley downgrades CrowdStrike to equal weight from overweight Morgan Stanley said it's cautious heading into earnings later this week. Morgan Stanley names LifeStance Health Group a top pick Morgan Stanley said shares of the behavioral health company are compelling.

Persons: Tesla, Canaccord, it's bullish, it's, Morgan Stanley, Ambarella, JMP, Piper Sandler, Piper, Bernstein, L3Harris, Evercore, Jefferies, Morgan Stanley downgrades CrowdStrike, Zimmer, BTIG, Wells, Dwight, Truist, Wolfe, Stifel, defensives Organizations: UBS, Netflix, Disney, Pagaya Technologies, MCW, OW, JetBlue, " Bank of America, Bank of America, Akero Therapeutics, RBC, Tetra Tech, Tech, Amazon, LifeStance Health, Mobility, UGI Corporation, TAM, Nike, NIKE, Endeavor Group, Media, Entertainment, Costco, AutoZone, Walmart Locations: China, Underperform, ORLY

☆ O'Reilly Automotive names insider CEO, lifts profit view on strong parts demand
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +1 min

Companies O'Reilly Automotive Inc FollowJuly 26 (Reuters) - Auto parts distributor O'Reilly Automotive (ORLY.O) on Wednesday named Brad Beckham as its top boss and raised its annual profit and sales outlook on strong demand for aftermarket products. Inflationary pressures such as high interest rates on leases have led to consumers opting to repair their vehicles instead of buying new ones, bolstering the aftermarket sales of parts suppliers. The company now expects 2023 profit between $37.05 and $37.55 per share, up from prior guidance of $36.50 to $37 per share. O'Reilly now sees full-year revenue to be between $15.4 billion and $15.7 billion, compared to prior expectation of $15.2 billion to $15.5 billion. The company also beat its second-quarter results with profit of $10.22 per share, above estimates of $10.09.

Persons: Brad Beckham, Beckham, Greg Johnson, Johnson, O'Reilly, Christopher Horvers, Raechel Thankam, Anandita, Pooja Desai, Arun Koyyur Organizations: O'Reilly, O'Reilly Automotive, Wednesday, Revenue, Thomson Locations: U.S, , Puerto Rico, Mexico, Bengaluru

☆ Barbie and Ken, this summer's hottest couple, were actually named after a brother and sister
▼ + stars: | 2023-07-25 | by ( Grace Dean | ) www.businessinsider.com time to read: +7 min

Ruth Handler's children resented the dolls named after them and didn't buy any for their own children. The plastic dolls were actually named for a sister and brother – the children of Mattel cofounder and Barbie creator Ruth Handler. "If people did find out, she'd tell them in no uncertain terms that she was not the Barbie doll." Barbara, meanwhile, said: "I'm tired of being Barbie doll." Timm Schamberger/DDP/AFP via Getty ImagesHandler also named dolls for her children's partners and their children, including Allan, named for her son-in-law.

Persons: Barbie, Ken, Ruth Handler's, They've, Greta Gerwig's, –, Margot Robbie, Ryan Gosling –, Ruth Handler, Frederic Neema, Handler, Babs, Barbara, Barbara Millicent Roberts, Ruth, Jens, Ulrich Koch, Stache, Cyrus McCrimmon, Lobel, Blaine, Mel Melcon, Mattel Barbara, Elliott Handler, Bettmann, Barbara Handler, Handler's, Barbies . Bork, bimbo, Timm Schamberger, Allan, hadn't Organizations: Service, Mattel, Getty, Los Angeles Times, Hulton, Valentine's, Express, DDP, Getty Images, Denver, Fair Locations: Wall, Silicon, Europe, AFP, Nuremberg, Germany

☆ Mattel hated the 1997 song 'Barbie Girl' so much that it sued. Now, the song is making a return thanks to Greta Gerwig.
▼ + stars: | 2023-07-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Aqua's chart-topping 1997 hit "Barbie Girl" called the doll a "blond bimbo" and was full of innuendos. "Barbie Girl" is now being revived in Greta Gerwig's film with a performance by Nicki Minaj and Ice Spice. But no one really thought that the tongue-in-cheek song could have been written by Mattel, Lobel wrote. Years later, Mattel even bought the rights to the song from Aqua, Lobel wrote. The song is now making a comeback, in a way, thanks to Greta Gerwig's "Barbie" film, which is hitting cinemas this Friday.

Persons: bimbo, Greta Gerwig's, Nicki Minaj, Elton John, Barbie —, Lobel, Aqua, Barbie, Ken, Barbie's Dreamhouse, Lene Nystrøm, René Dif, hanky, Mattel, Alex Kozinski, Vinnie Zuffante, Michael Ochs, Nystrøm, Stone, Pamela Anderson, Kozinski Organizations: Mattel, MCA Records, Service, Universal Music, Michael Ochs Archives, Aqua, YouTube, Spotify Locations: Wall, Silicon, Norwegian, Australia, Barbie's

☆ Factbox: Europe's ongoing strike-related travel disruptions
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +4 min

The travel industry is on high alert for disruption after Europe's peak season last year was hit by cancellations, causing chaos at airports. This summer, air traffic control issues are likely to be the weak spot, according to warnings from Eurocontrol, which manages European airspace. Heathrow Airport security workers on June 23 called off 31 days of strikes planned at Britain's busiest hub. At Birmingham Airport, around 100 security officers and terminal technicians will begin continuous strike action from July 18. The strikes will severely impact the airport's security and terminal maintenance, leading to flight delays, the Unite union said.

Persons: Hannah McKay, Tiago Brandao, Pierre John Felcenloben, Antonis Triantafyllou, Milla Nissi Organizations: British Airways, Heathrow Airport, REUTERS, BELGIUM Ryanair, BRITAIN, Heathrow, Birmingham Airport, Glasgow, FRANCE Air, ATC, Nantes, Ryanair, Reuters, SPAIN Pilots, Iberia Regional Air Nostrum, Air Nostrum, Air Europa, Swedish Transport Workers, Union, Geneva, Thomson Locations: London, Britain, BELGIUM, Belgium, Charleroi, Europe, Gatwick, France, Paris, Orly, Lyon, Marseille, Nice, Toulouse, Bordeaux, ITALY, PORTUGAL, Portugal, Iberia, Spain, SWEDEN

☆ Barbie and Ken, one of the hottest couples of the summer, were actually named after a brother and sister
▼ + stars: | 2023-06-13 | by ( Grace Dean | ) www.businessinsider.com time to read: +7 min

Ruth Handler's children resented the dolls named after them and didn't buy any for their own children. The plastic dolls were actually named after a sister and brother – the children of Mattel cofounder and Barbie creator Ruth Handler. Almost immediately after Barbie hit toy shop shelves in 1959, Mattel started receiving "hundreds of letters from little girls begging us to make a boyfriend for Barbie," Handler wrote. "If people did find out, she'd tell them in no uncertain terms that she was not the Barbie doll." Barbara, meanwhile, said: "I'm tired of being Barbie doll."

Persons: Barbie, Ken, Ruth Handler's, —, Greta Gerwig's, –, Ruth Handler, Frederic Neema, Handler, Babs, Barbara, Barbara Millicent Roberts, Ruth, Jens, Ulrich Koch, Stache, Cyrus McCrimmon, Lobel, Blaine, Mel Melcon, Mattel Barbara, Barbie Ken, Iris Schneider, Elliott Handler, Bettmann, Barbara Handler, Handler's, Barbies . Bork, bimbo, Timm Schamberger, hadn't Organizations: Service, Mattel, Getty, Los Angeles Times, Hulton, Valentine's, Express, DDP, Getty Images, Denver, Fair Locations: Europe, AFP, Nuremberg, Germany

☆ Protesters prepare last-ditch bid to stop French pension overhaul
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +3 min

"Protests have been going on for six months, it's unprecedented," Sophie Binet, the new leader of the hardline CGT union said on BFM TV. "There's a lot of anger but also fatigue," she said, adding that strikers were feeling the pinch on paychecks. Between 400,000 and 600,000 people are expected to turn out at protests across France, authorities said, which would be down from more than a million who took part in marches at the height of the pension protests earlier this year. But unions hope a big protest turnout could pressure lawmakers into reviewing the bill anyway and holding a vote. Opposition lawmakers, meanwhile, say the bill being rejected would revive public anger, branding any such move "antidemocratic".

Persons: Emmanuel Macron's, Sophie Binet, I'm, Jean, Claude Mailly, Macron, Michel Rose, Hugh Lawson Organizations: CGT, Inter, SNCF, Thomson Locations: Macron, France, Paris, Orly

Search resuls for: "ORLY"

25 mentions found