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Some stocks set to report quarterly results next week could be poised for a noteworthy move going by their history. Specifically, we looked for stocks that have surpassed earnings per share forecasts, on average, at least 75% of the time. Then we further culled the list by looking for stocks that also posted at least a 2% move, on average, following that beat. Datadog has an unblemished record of surpassing analyst estimates for quarterly results, and has seen its stock move up nearly 4% following earnings. Other names on the list reporting results next week include Fabrinet and Trex .
Persons: RingCentral, Wells, Andrew Nowinksi Organizations: Apple, CNBC, Investment, FactSet, Dine Brands, Dine Locations: Wells Fargo
Lifestyle influencer Jacqlyn Burnett was more excited this year to attend the country music festival Stagecoach for the first time than to go to Coachella. Stagecoach, the annual country music festival held this past weekend in Southern California, is rivaling the Coachella Valley Music and Arts Festival as the new favorite among brands and social-media influencers. From the growing interest in country music to fashion, influencers and brands flocked to Stagecoach this year. Some influencers, including Paige Lorenze, Maggie and Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, and Alyssa Lynch, even skipped Coachella for Stagecoach. Béis, the luggage brand, invited influencers to Stagecoach instead of Coachella, offering themed activities and special access to the festival.
Persons: Jacqlyn Burnett, Beauty, Béis, influencers, Dominick Paielli, he's, Paielli, Paige Lorenze, Maggie, Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, Alyssa Lynch, Lynch, Liz Flora, Alix Earle, I've, Ali Grant, Stagecoach Mackenzie Gaston, Brynn Wade, Luke Scornavacco, Liz Money Organizations: Stagecoach, Valley Music, Arts Festival, Business, Clementine, Coachella, Tarte, Béis Brands, Stagecoach Mackenzie, 1AM Management Locations: Southern California, Coachella
Today "is a day we've long awaited," attorney Malik Shabazz said after six White former Mississippi officers were sentenced in state court for torturing and abusing his clients Eddie Parker and Michael Jenkins. The court has "given out justice," Shabazz said. In departing from the initial recommendations of "low" prison sentences for the squad, the judge "set a new standard here in Rankin County, that police brutality will not be tolerated in Rankin County," Shabazz said. Jenkins also reacted to the sentencing, telling reporters that it's been "a long time coming."
Persons: Malik Shabazz, Eddie Parker, Michael Jenkins, Shabazz, Jenkins, it's Locations: Mississippi, Rankin County
Droughts in 2023 killed more than 12 million pine trees in Mississippi last year. A report from the United States Department of Agriculture and the Mississippi Forestry Commission found that at least 12.5 million trees died in the state after droughts last year. Mississippi experienced heavy droughts last year starting in June that were so bad that NASA could see the Mississippi River shrinking from space in September. During the droughts, experts say that pine beetles swept across the state taking out entire patches of decades-old pine trees. "We are in a position where we are going to have to do something," Vozzo told The Clarion Ledger.
Persons: That's, Sen, Cindy Hyde, Smith, Pete Vozzo, Vozzo, McCain, Madison, De'Keither Stamps, Tate Reeves, Stamps Organizations: Service, United States Department of Agriculture, Mississippi Forestry Commission, Business, NASA, Republican, Smith, Property, Clarion, McCain Tree Service, Public Service, De'Keither, Gov Locations: Mississippi, Hyde, Madison, Jackson, Vicksburg
Here are Friday's biggest calls on Wall Street: UBS double-downgrades Rivian The firm said to sell the electric vehicle maker's stock, joining a growing group of concerned analysts following the company's earnings report. Raymond James upgrades Carvana The investment bank moved Carvana to market perform from underperform following the fourth-quarter earnings results. Guggenheim initiates Pfizer The firm opened coverage of the biopharmaceutical stock with a buy rating and $36 price target. " Rosenblatt initiates Adeia The firm began coverage with a buy rating and $15 price target. Roth MKM initiates CPI Card Group Roth MKM started coverage of the financial technology stock with a buy rating and $40 price target.
Persons: Ross, ROST, Raymond James, EBITDA, 4Q23, Guggenheim, ATNI, Morgan Stanley, Brighthouse, Rosenblatt, Roth MKM, Fred Imbert Organizations: UBS, Barclays, CNBC, Citi, Fox, JV, Ross, Price, Pfizer, DRG, Equitable, JPMorgan, Traction, JPMorgan downgrades Locations: 1Q24, Xperi, 4Q22
The racial wage gap may be shrinking, but it's still got a ways to go. The median weekly earnings for full-time wage and salaried Black or African American 16-to-24-year-olds was $614. Though a smaller gap than the national one, that still works out to be about 82 cents to white workers' dollar. Children born in higher income and higher wealth families will have greater access to opportunities. Andre Perry Senior fellow at BrookingsThe resulting family wealth can hinder access to higher paying jobs as well.
Persons: it's, haven't, Andre Perry, Andre Perry Senior, Perry, Valerie Wilson Organizations: Nationwide, Department of Labor, Bureau of Labor Statistics, Brookings, Pew Research Center, BLS, Economic Policy Institute Locations: Brookings
The WisdomTree India Earnings ETF (EPI) has a total return of 6.6% through Feb. 8, according to FactSet, and is up 18.7% over the past three months. That makes it the best performing of the five biggest India ETFs, with the iShares MSCI India ETF (INDA) and the Franklin FTSE India ETF (FLIN) both up less than 4% year to date.The WisdomTree fund is also beating The S & P 500, which up less than 5% over the same period. The WisdomTree fund has been a long-term winner as well, with an average annualized return of roughly 12% over the past decade. And, notably, the second-best performing major India ETF this year is the iShares MSCI India Small-Cap ETF (SMIN) . That is above the 0.65% of the iShares INDA ETF and the 0.19% of Franklin Templeton's FLIN.
Persons: date.The, Jeremy Schwartz, it's, It's, Schwartz, Franklin Templeton's FLIN Organizations: Franklin FTSE, CNBC, India ETF Locations: India, Franklin FTSE India
One of Wall Street's favorite employee leverage tactics — non-compete agreements — is facing a major threat, and there could be far-reaching implications for how the financial industry does business. But it's also clear that Wall Street firms are under particular attention for the practice. With major Wall Street firms already having among the most unpopular back-to-work policies in the market, "Wall Street is already in a position where they are recognizing they don't have all the hands they had before," Chamberlin said. Shore recommends Wall Street firms undertake a thorough competitive analysis at every level in every department to ensure they are market competitive. Even if the FTC rule goes through, Wall Street firms still have options to protect their business.
Persons: Charles Scharf, Wells, Brian Thomas Moynihan, Jamie Dimon, JPMorgan Chase, Jane Fraser, Ronald O’Hanley, Robin Vince, BNY Mellon, David Solomon, Goldman Sachs, James Gorman, Morgan Stanley, General Mills, , Wall, it's, Kathy Hochul, that's, Covid, Laurie Chamberlin, Chamberlin, Lina Khan's, Khan, It's, David Fisher, Gilbert, Fisher, Juan A, Crowell, Arteaga, Paul ​ Webster, Matt Shore, Kareem Bakr, Webster, Leslie John, Ballard Spahr, John Organizations: Company, Bank of America, JPMorgan, Citigroup, BNY, Google, Apple, Pfizer, Exxon Mobil, General Electric, Procter, Gamble, Nike, Economic, Institute, Federal Trade Commission, North America, American College of Emergency Physicians, Davis, FTC, Supreme, Industry, Moring, Wall, Phaidon International, Wall Street Locations: Wells Fargo, Hart, Washington ,, New York, . California, U.S, Gilbert . Massachusetts, Oregon, Washington, Massachusetts
Troubled regional bank New York Community Bank faced a downgrade from JPMorgan, which said NYCB is facing a multitude of challenges. The firm upped its price target for the drug maker to $850, all the way from $200. Wells Fargo : Analyst Zachary Fadem kept his overweight rating and raised his target price by $200 to $2,800, implying 12.5% upside for shares. "After speaking to management, we confirmed these two executives had indeed left the company, wrote JPMorgan analyst Steven Alexopoulos. NXP's stock price is down 2.9% for the year, but still higher than 15% over the past 12 months.
Persons: Eli Lilly, Eric Gonzalez, Gonzalez, Wells, Zachary Fadem, Sara Senatore, Chipotle, — Pia Singh, JPMorgan downgrades, Steven Alexopoulos, Alexopoulos, John Melloy, Vivek Arya, Arya, Robyn Karnauskas, Karnauskas, Zepbound Organizations: CNBC, New York Community Bank, JPMorgan, Pharma, Truist Securities, Semiconductors, Bank of America, KeyBanc, Barclays, New York Community Bank JPMorgan, New, Community Bank, Financial Times, Bloomberg News, New York Community Bancorp, Battery Management Systems, Food and Drug Administration Locations: Wells Fargo, Tuesday's
Hinds County Chancery Judge Crystal Wise Martin blocked the law in October 2022 after Parents for Public Schools sued the state. The nonprofit group argued the grants would give private schools a competitive advantage over public schools. “Any appropriation of public funds to be received by private schools adversely affects schools and their students,” Martin wrote. Tate Reeves created a grant program to help private schools pay for water, broadband and other infrastructure projects. State attorneys also wrote that the Mississippi Constitution only blocks the Legislature from sending money directly to private schools.
Persons: JACKSON, Crystal Wise Martin, ” Martin, Tate Reeves, general's, , lopsidedly, Martin Organizations: Mississippi Supreme, Public Schools, Mississippi’s Republican, Republican Gov, Midsouth Association of Independent Schools, Public, American Civil Liberties Union of Mississippi, Mississippi Center for Justice, Democracy Forward, Mississippi Department of Finance, Administration, DFA, Mississippi Constitution, Mississippi Adequate Education Locations: Miss, Mississippi, Hinds County
(AP) — Mississippi's state auditor filed court papers Monday renewing his call for Brett Favre to repay the state for welfare money that the auditor says was improperly spent on projects backed by the retired NFL quarterback. White said in 2020 that Favre had improperly received $1.1 million in speaking fees from a nonprofit organization that spent welfare with approval from the Mississippi Department of Human Services. The money from the Temporary Assistance for Needy Families program was to go toward a volleyball arena at the University of Southern Mississippi. “Favre had no legal right to the possession or control of this $1.1 Million,” White's attorneys wrote in the court filing Monday. No criminal charges have been brought against Favre, although a former department director and other people have pleaded guilty to their part in the misspending.
Persons: JACKSON, Brett Favre, Shad, White, Favre, “ Favre, , Shannon Sharpe, who's, Pat McAfee, McAfee Organizations: , NFL, Favre, Pro Football Hall of Fame, Mississippi Department of Human Services, University of Southern, Associated Press, Department of Human Services Locations: Miss, — Mississippi's, Mississippi, University of Southern Mississippi
WASHINGTON (AP) — The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. A proposed LNG export terminal in Louisiana would produce about 20 times the greenhouse gas emissions of Willow, McKibben noted. “We need to have an even greater understanding of the (global energy) market need, the long-term supply and demand of energy resources and the environmental factors,'' she said. Symons called the gas project "bad for our nation, bad for our health and bad for our economy.'' "The true irony is this policy would hurt the climate and lead to increased (greenhouse gas) emissions, as it would force the world to pivot to coal'' instead of natural gas, Hynes said.
Persons: , Biden, Joe Biden, , MAGA, Donald Trump, Bill McKibben, it’s, McKibben, Jennifer Granholm, Granholm, Vladimir Putin, Mike Sommers, Sommers, , ‘ ’ Granholm, we’re, Jeremy Symons, Symons, Shaylyn Hynes, Hynes, Trump Organizations: WASHINGTON, Democratic, Energy Department, Industry, Russia, Energy, American Petroleum Institute, U.S . LNG, Environmental Protection Agency, Venture, LNG Locations: United States, Europe, Asia, Ukraine, Alaska, Paris, Louisiana, U.S, Calcasieu, Gulf, Cameron Parish, Virginia
December's inflation data provided just enough evidence to show that the pace of price increases is continuing to cool while also serving up a reminder that the war isn't won yet. One is that regardless of the headline numbers, the parts of inflation that don't fluctuate as much have been fairly stubborn. So-called sticky inflation, which includes things such as housing costs, auto insurance, medical care services and household furnishings, are indeed holding higher. On a one-month annualized basis, the measure also was at 4.6%, but that's up a full percentage point from the previous month. Fed policymakers also are attuned to the relationship between wages and inflation.
Persons: isn't, Disinflation, Jamie Dimon, cautioning, Krishna Guha, Goldman Sachs, Goldman, Ian Shepherdson, Dan North Organizations: Separate Labor Department, Federal Reserve, Nomura Global Economics, JPMorgan Chase, Evercore ISI, PPI, Citigroup, Commerce, Fed, Pantheon, Atlanta, Allianz Trade Locations: Red
CNN —Indonesia’s Marapi volcano has erupted for the second time in weeks, the country’s geological agency said Sunday. According to the Ministry of Energy and Mineral Resources, the 2,891-meter-high (9,500 feet) volcano began erupting at 6 a.m. local time (6 p.m.ET). The volcano in West Sumatra province erupted at least twice, the agency said according to Reuters. Reuters also reported nearby houses, vehicles and evacuation tents set up by the local disaster agency were covered in volcanic ash. Marapi's volcanic ash seen in the distance from Tanah Datar District in West Sumatra.
Persons: Adi Prima, Marapi Organizations: CNN, Ministry of Energy, Mineral Resources, Reuters, Anadolu, Getty Locations: West Sumatra, Tanah Datar District, Adi, Indonesia
PADANG, Indonesia (AP) — Indonesia's Mount Marapi erupted with white-and-gray ash plumes Sunday, stranding and injuring climbers and spreading volcanic ash over several villages. About 75 climbers started their way up the nearly 2,900-meter (9,480-foot) mountain on Saturday and became stranded. Political Cartoons View All 1277 ImagesThe eruption sent ash plumes more than 3,000 meters (9,800 feet) into the air and hot ash clouds spread several miles (kilometers). Falling ash blanketed several villages and blocked sunlight, National Disaster Management Agency spokesperson Abdul Muhari said. Authorities distributed masks and urged residents to wear eyeglasses to protect them from volcanic ash, he said.
Persons: Marapi, Ahmad Rifandi, Indonesia’s Volcanology, Hari Agustian, Abdul Muhari, Gobah Cumantiang, Niniek, Mari Yamaguchi Organizations: Hazard Mitigation, Rescue Agency, Disaster Management Agency, Associated Press Locations: PADANG, Indonesia, Marapi, Padang, West Sumatra, Rubai, Jakarta, Tokyo
Business Insider previously sued the sheriff's department for records related to police brutality. AdvertisementA number of deputies within the Rankin County Sheriff's Department in Mississippi got away with abusing people for years, almost entirely unchecked. Loveday told The Times. A spokesperson for the Rankin County Sheriff's Department did not return a request for comment from Business Insider. Lee told Business Insider that she didn't understand the jury's decision because the evidence of the beating was "in his face."
Persons: , Michael Jenkins, Eddie Terrell Parker, Christian Dedmon, Hunter Elward, Paloma Wu, Brett McAlpin, Rick Loveday, Rankin, McAlpin, Loveday, Sheriff Bryan Bailey, Elward, Damien Cameron, Monica Lee, Cameron's, Lee, Monica Lee Elward, Pierre Woods, Vanessa Barrett, Dris Mitchell, Woods, Bailey, Dedmon, Woods's Organizations: Mississippi, The New York Times, Business, Service, Sheriff's Department, Rankin, sheriff's Department, Mississippi Bureau, Investigation, Mississippi Today, The Times, Hinds County sheriff's, Times Locations: Rankin, Mississippi, Hinds
Al Sharpton, founder and president of the National Action Network, each placed an arm around Bettersten Wade as she stood before her son's flower-covered casket under a large cross in the sanctuary. Jackson is majority-Black, has a Black mayor and majority-Black city council and has had Black police chiefs for years, including the chief when Wade was killed. Sharpton said Monday that he had been told that the officer who struck and killed Wade was Black. The Hinds County coroner’s office said it called a number listed for Bettersten Wade but did not hear back. City officials have said the communication breakdown was an accident.
Persons: JACKSON, — Dexter Wade, Bettersten Wade, , ” Dexter Wade, Wade, Wade’s, Ben Crump, Crump, Wade's, ” Crump, , Bennie Thompson, Al Sharpton, Sharpton, Jackson, Dexter, ” Sharpton, Black Organizations: Jackson Police Department, Police, Penal, Justice Department, Jackson, U.S . Rep, New Horizon International, National Action Network, NBC News Locations: Miss, Mississippi's, Jackson, Hinds, Raymond, New York, Mississippi, Black, Hinds County
Blackstone, Macquarie deny ASPI sale report, pledge commitment
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +2 min
Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo/File Photo Acquire Licensing RightsMILAN, Nov 17 (Reuters) - Blackstone and Macquarie on Friday dismissed as "completely false" an Italian newspaper report about possible ownership changes at Autostrade per l'Italia (ASPI), pledging their commitment as investors in the motorway operator. Following the 2022 deal, ASPI is controlled by state-lender CDP with funds Blackstone (BX.N) and Australia's Macquarie (MQG.AX). Under JPMorgan's plan ASTM would transfer its assets to ASPI whose shareholders would be CDP, Gavio group and Blackstone. In denying the report, Macquarie said it was committed to the "ongoing delivery of ASPI's multi-billion euro investment programme".
Persons: JP Morgan, Italy's, ASPI, Australia's Macquarie, Macquarie, Blackstone, Matteo Salvini, Elisa Anzolin, Giuseppe Fonte, Valentina Za Organizations: Blackstone Group, REUTERS, Blackstone, La Stampa, ASTM, Benetton, Shareholders, Reuters, Thomson Locations: New York City, U.S, Macquarie, Ardian, Milan, Rome
(AP) — The manager of the long-troubled water system in Mississippi's capital city proposed a slight rate increase for most residents Friday alongside what he said is a first-in-the-nation proposal to reduce water rates for low-income people who get government help with grocery bills. If enacted, it would be the latest in a series of changes after infrastructure breakdowns in 2022 caused many Jackson residents to go days and weeks without safe running water. “We think this is a great opportunity to really change the dialogue around water and sewer in the city of Jackson,” Henifin said at a news conference. The proposal also marks the first rate increase since a federal judge appointed Henifin to manage Jackson's water system last November. JXN Water will start shutting off water for people who don't pay their bills sometime after Jan. 1st, Henifin said.
Persons: JACKSON, Ted Henifin, ” Henifin, Henifin, Delbert Hosemann, Jan ., Chokwe Antar Lumumba, ___ Michael Goldberg Organizations: Nutrition Assistance, SNAP, Mississippi Legislature, Gov, Jackson, Associated Press, America Statehouse News Initiative, America Locations: Miss, Jackson, Mississippi, @mikergoldberg
Democratic nominee Brandon Presley has made the Mississippi gubernatorial contest a real race. While most voters in Mississippi may not care for national Democrats (including some Democrats), Presley has effectively presented himself as a different kind of Democrat. Black voters made up 29% of the statewide electorate that year and Biden won their vote 94%-5% over Trump. Presley has heavily courted Black voters, which has included visits to churches and the state's Historically Black colleges and universities (HBCUs). AdvertisementAdvertisementStructural geographic disadvantages remain a lingering issue for Mississippi Democrats, but Presley has a real chance at overcoming that dynamic on Tuesday.
Persons: Brandon Presley, Presley, Tate Reeves, , Ronnie Musgrove's, Jimmy Carter, he's, Elvis Presley, Reeves, Mason, Dixon, Brandon Bell, Donald Trump, Joe Biden, Biden, Trump, Jim Hood underperformed, Mike, Hood, Georgia Presley, Jackson, Musgrove, Democrats —, Michael Parker, Parker Organizations: Democratic, GOP, Republican Gov, Service, Magnolia Tribune, Democrats, Mississippi electorate, AP, Trump, Black, Getty, Democratic Senate, Mississippi Democrat, Mississippi State University, Gwinnett, Mississippi Gov, Mississippi, Democrat, Mississippi House, Mississippi Democrats Locations: Mississippi, Brandon , Mississippi, Nettleton, Jackson , Mississippi, . Mississippi, Georgia, Atlanta, Cobb , DeKalb, Fulton County
Tate Reeves speaks on Covid-19 testing in the Rose Garden of the White House in Washington, DC on September 28, 2020. Tate Reeves, a Republican, faces a surprisingly competitive race Tuesday as his Democratic challenger Brandon Presley champions expanding Medicaid, a position that has broad support among voters from both parties in the deeply conservative state. Presley was pressing Reeves hard heading into Tuesday night with the race having shifted from likely to lean Republican, according to the Cook Political Report. Presley focused his campaign on outreach to Black voters, the backbone of the Democratic Party in Mississippi. Presley is a commissioner for Mississippi's public utility regulator who previously served as mayor of the small town of Nettleton.
Persons: Tate Reeves, MANDEL NGAN, Brandon Presley, Presley, Reeves, Cook, Bennie Thompson, Elvis Presley Organizations: Mississippi Gov, White, Getty Images, Republican, Democratic, Black, Democratic Party, U.S . Rep Locations: Mississippi, Rose, Washington , DC, AFP, Nettleton
(AP) — Election officials in Mississippi’s most populous county had to scramble to complete required poll worker training after an early September breach involving county computers. In Hinds County, such training is typically completed by early October before a November general election, according to Election Commissioner Shirley Varnado. Mississippi has a general election Tuesday with key races such as governor and secretary of state — the state’s top election official. In 2020, Democrat Joe Biden won the county with 73% of the vote, while Republican Donald Trump received 57.5% statewide. Issues with the state’s network were resolved and access to the statewide election management system was restored, according to state election officials.
Persons: JACKSON, Shirley Varnado, Varnado, Democrat Joe Biden, Republican Donald Trump, Tony Gaylor, Gaylor, Zach Wallace, Wallace Organizations: , Democrat, Republican Locations: Miss, Mississippi’s, Hinds County, Mississippi, Jackson, , Varnado
Tate Reeves and Democratic challenger Brandon Presley were set to face off Wednesday night in their only debate to cap a hard-fought campaign, six days before the Nov. 7 general election. Presley has raised $11.3 million for his campaign this year, compared with Reeves' $6.3 million, according to finance reports filed Tuesday. Presley has spent $10.8 million and still has $1.3 million, while Reeves has spent $11 million and still has $1.2 million. Presley called on Reeves to take part in five debates, including one last month at a forum sponsored by the NAACP in Gulfport. During the 2019 campaign for governor, Reeves had two debates with Democratic nominee Jim Hood.
Persons: JACKSON, Tate Reeves, Brandon Presley, Presley, Reeves, ” Reeves, he's, ” Presley, chickened, , We’ve, Jim Hood, Hood, Elvis Presley Organizations: — Mississippi Republican Gov, Democratic, Republicans, NAACP, Jackson ABC, Mississippi Public Broadcasting, Associated Press, Mississippi Public Service Commission Locations: Miss, Mississippi, United States, Jackson, Gulfport, Columbus
WASHINGTON (AP) — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump. “These deals are likely to harm competition, risking increased consumer prices and reduced output throughout the United States,'' the senators wrote. Chevron, Exxon and other oil companies have announced huge profits from strong energy prices and demand since Russia’s invasion of Ukraine in February 2022. Exxon reported $9.1 billion in profits in the quarter that ended Sept. 30, while Chevron reported $6.5 billion in profits. Environmental groups hailed the call for an investigation of what some called “merger mania” within the oil industry that threatens competition.
Persons: Chuck Schumer, Exxon's, Chevron’s, Minnesota Sen, Amy Klobuchar, Elizabeth Warren of Massachusetts, Bernie Sanders, Chevron, Hess, Lukas Ross, , ” API's Bethany Williams, Schumer Organizations: WASHINGTON, ExxonMobil, Chevron, Federal Trade Commission, Natural Resources, Hess Corp, Exxon, FTC, Resources, Big Oil, American Petroleum Institute, Senate Commerce, Science, Transportation Locations: United States, Minnesota, Sens, Vermont, Ukraine, Texas, U.S, New York
(AP) — A federal judge on Monday dismissed Brett Favre’s defamation lawsuit against fellow retired NFL player Shannon Sharpe, ruling that Sharpe used constitutionally protected speech on a sports broadcast when he criticized Favre's connection to a welfare misspending case in Mississippi. Discussion of Mississippi welfare spending on “Undisputed” took place after extensive news coverage about allegations of Mississippi's largest public corruption case. Favre is not facing criminal charges, but he is among more than three dozen people or businesses the state is suing to try to recover misspent welfare money. In addition to suing Sharpe, Favre filed defamation lawsuits earlier this year against White, the auditor, and sportscaster Pat McAfee, who is a former NFL punter. Favre has repaid $1.1 million he received for speaking fees from a nonprofit group that spent TANF money with approval from the Mississippi Department of Human Services.
Persons: JACKSON, Brett Favre’s, Shannon Sharpe, Sharpe, Favre's, Keith Starrett, Favre, , ” Favre, Skip, Shannon, , Shad White, Starrett, , ” Starrett, Michael Shemper, Pat McAfee, McAfee, White, Favre’s Organizations: , District, Pro Football Hall of Fame, Fox Sports, Mississippi Department of Human Services, Prosecutors, University of Southern, Twitter, Associated Press, White, NFL, McAfee, Favre, of Human Services Locations: Miss, Mississippi . U.S, Mississippi, U.S, University of Southern Mississippi, alma
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