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Citi upgrades Frontier to buy from neutral Citi said it sees EBITDA growth ahead for the telecom and internet provider. Mizuho initiates GE Vernova as buy Mizuho says it's bullish on shares of the GE spinoff energy company. Citi opens a positive catalyst watch on Nvidia Citi said investors should buy any weakness in the stock. "We are launching [coverage on] on 4 US listed stocks and 5 HK listed stocks: Las Vegas Sands ( LVS, Buy, PT $63); MGM Resorts (MGM, Buy, PT $56); Melco Resorts (MLCO, Buy, PT $10)." Bank of America upgrades Cisco to buy from neutral Bank of America said it sees several growth drivers ahead for Cisco.
Persons: Morgan Stanley, Apple, Logitech, IBM Evercore, it's, Argus, Mizuho, it's bullish, Reddit, UBS downgrades Rollins, Rollins, SharkNinja, Martin, LMT, Needham, Canaccord, Coty, Jefferies, Janus, Stifel, Guggenheim, ServiceNow, Wells, Tommy Hilfiger, Calvin Klein Organizations: Apple, Citi, Frontier, IBM, Argus, Constellation Brands, GE Vernova, Mizuho, GE, Nvidia Citi, Technology, Barclays, Cava, Meta, Astera, Data, JPMorgan, Hilton, UBS, Sands, MGM, HK, MGM Resorts, Melco Resorts, Bank of America, Cisco, of America, Bitdeer, Intel Citi, Intel, Deutsche Bank, Netflix, Deutsche, Coty, MASI, Guggenheim, & $ Locations: Churchill
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicWarning: this episode contains descriptions of violence. A massive scam targeting older Americans who own timeshare properties has resulted in hundreds of millions of dollars sent to Mexico. Maria Abi-Habib, an investigative correspondent for The Times, tells the story of a victim who lost everything, and of the criminal group making the scam calls — Jalisco New Generation, one of Mexico’s most violent cartels.
Persons: Maria Abi, Habib Organizations: Spotify, The Times Locations: Mexico, Jalisco
In the fall, I'm going on a trip with some of my girlfriends from college. Really, really good. I don't have 7 million euros to buy five properties across Europe. AdvertisementWould I move to more suburban New Jersey so I could buy a house? I would not make the calculus to move — whether that's another city, or another state, or a suburb — to buy a house.
Persons: , Amy Beihl, I've, they're, I'm, There's, Homeownership Organizations: Service, Business, Colgate University, Mallorca Locations: York, New York, Mallorca, Spain, Italy, France, Tuscany, England, Stockholm, Europe, Swedish, I'm, New York City, New Jersey, that's, America
New York CNN —Is Wall Street’s favorite clique of tech stocks in need of a makeover? Most of the Magnificent Seven stocks have reclaimed their leadership of the market this year, with shares of Nvidia, Meta Platforms, Alphabet and Microsoft reaching record highs. Many investors are skeptical that the Magnificent Seven will match their blockbuster gains from 2023, even if they continue their leadership this year. Jim Worden, chief investment officer at the Wealth Consulting Group, says he believes the group should consolidate to the “Fab Five,” which he classifies as the Magnificent Seven minus Tesla and Apple. “There is a big leadership change underway in the Magnificent Seven stocks,” wrote Louis Navellier, chairman of Navellier & Associates, in a note on Tuesday.
Persons: Jim Worden, , Worden, Michael Hartnett, Jim Cramer, Louis Navellier, , Nancy Tengler, It’s, Walt, Gina Lee, Samantha Delouya, Disney, Ron DeSantis, Diksha Madhok, ” TSMC, Joe Biden, ” Read Organizations: CNN Business, Bell, New York CNN, Nvidia, Meta, Microsoft, Apple, Wealth Consulting, Bank of America, Facebook, Netflix, Google, Federal Reserve, Micro Computer, Navellier, Associates, EV, Disney, Walt Disney World, Disney Vacation, Taiwan Semiconductor Manufacturing Company, Semiconductor Manufacturing, TSMC, US Locations: New York, China, American, Orlando , Florida, , Florida, Japan Chip, Japan, Arizona
NEW YORK (AP) — Visitors to Boston this summer will get a treat: A stage show that reunites singer-actor Kristin Chenoweth with her “Wicked” songwriter Stephen Schwartz. Chenoweth will star as socialite Jacqueline “Jackie” Siegel in the live adaptation of the 2012 documentary film “The Queen of Versailles.” The musical will make its world premiere at Emerson Colonial Theatre from July 16-Aug. 18. They hope it can make it to Broadway after its Boston try-out. Academy Award-winning actor F. Murray Abraham will play Siegel's husband and other cast members include Melody Butiu and Nina White. The story is by Lindsey Ferrentino and direction is by Tony Award-winner Michael Arden, who helmed the hailed recent Broadway revival of “Parade.”
Persons: Kristin Chenoweth, Stephen Schwartz, Chenoweth, Jacqueline “ Jackie ” Siegel, of Versailles, , Siegel, David “, King ” Siegel, Glinda, Tony, Charlie Brown, F, Murray Abraham, Melody Butiu, Nina White, Lindsey Ferrentino, Michael Arden Organizations: , Emerson Colonial Theatre, Broadway, Boston Locations: Boston, America, Orlando , Florida, of Versailles, France
It’s never been more expensive to be a Disney fan
  + stars: | 2024-02-07 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +6 min
Not only have theme park visits gotten more expensive, but so have Disney’s cruise vacations, souvenirs and the company’s streaming services. Over the summer, Disney quietly raised the prices at two of the adult-exclusive restaurants on board its cruise ships to $135 per person for dinner, a nudge up of $10, according to the Disney Cruise Line Blog. But one thing is certain: being a Disney fan has never been more expensive. Passengers stand on the deck of Disney Dream, a Disney Cruise Lines' ship, as it sails to the Bahamas on August 9, 2021. Joe Skipper/ReutersBrittany Huizinga, an Arizona-based travel agent at Smart Moms Travel, took a two-part trip with her husband and two children during the holiday season: The first four nights were spent at Walt Disney World and the last five nights on a Disney Cruise ship.
Persons: Walt, Gina Lee, , , Disney, Ron DeSantis, Don Munsil, , That’s, Minnie, Joseph Prezioso, Genie, we’ve, ” Munsil, Joe Skipper, Brittany Huizinga, Bob Iger, Mouse’s, Doug Arthur, “ It’s, Disney’s, Lee Organizations: CNN, Walt Disney World, Disney, Disney Vacation, Magic, Walt Disney, Anadolu Agency, Getty Images Parks, Disney Cruise Lines, Smart, Huber Research Partners, Disney’s ESPN, Fox Corporation, Warner Bros ., . Disney, Wayback Locations: Orlando , Florida, New York, , Florida, Disneyland, California, Orange County , Florida, Bahamas, Arizona
The business of timeshares
  + stars: | 2024-01-22 | by ( Ryan Baker | Christina Locopo | Tala Hadavi | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe business of timesharesMore than 10 million U.S. households own a timeshare, and the average sale price and annual maintenance fee was about $24,000 and $1,200, respectively, in 2022. Companies that dominate the $10.5 billion-a-year industry are Wyndham Destinations, Marriott Vacations Worldwide, Hilton Grand Vacations and Westgate Resorts. But the Better Business Bureau has received about 3,000 complaints for the three largest public companies since 2021, and one study found that 85% of owners regret their purchase.
Organizations: Companies, Wyndham, Marriott, Hilton, Westgate Resorts
Here's why owning a timeshare may not be worth it
  + stars: | 2024-01-22 | by ( Ryan Baker | ) www.cnbc.com   time to read: +2 min
While the industry has grown more popular, it has come under fire, as owners often struggle to exit their contracts. "I could have retired if I had my money back from this, but I can't retire right now because of this situation that I'm in," said timeshare owner Sheila Wagner. The timeshare industry is valued at more than $10 billion. Some timeshare companies will take back the deed once a buyer has paid off their entire contract, but that is not always an option. Even after the timeshare is fully paid off, the owner is accountable for rising annual maintenance costs.
Persons: Sheila Wagner, Brian Rogers, Jeff Weir Organizations: American Resort Development Association, Timeshare, Better, Wyndham, Hilton Locations:
I stayed in a duo studio at Disneyland Hotel's The Villas tower. The 250-square-foot room has a bed that pulls out of the wall, and a stay is about $500 a night. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The smallest space available at the resort is a duo studio, a room that's about 250 square feet and sleeps two in a queen-size bed that pulls down from the wall. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Disneyland Hotel, Disney Vacation, Business
Ron and Cristina, however, have around $30,000 in credit card debt, the couple recently told self-made millionaire Ramit Sethi on the Netflix star's "I Will Teach You to be Rich" podcast. "The two of you were so calm about this credit card debt, and it's because you don't understand the implications of this debt," Sethi told them. He is loath to spend money on things like dinner at a restaurant or the occasional vacation Cristina wants to plan. "Money is never simply a series of numbers on a page — it's contextualized within your culture, your upbringing, your risk tolerance, even your basic understanding of money," Sethi said. In talking with Sethi, Ron realized a lot of his hesitancy to spend money comes from his upbringing, since his father was afraid to spend money.
Persons: Ron, Cristina, Ramit Sethi, Rich, Sethi, spender, doesn't, haven't Organizations: Federal Reserve, Netflix Locations: Philippines
Check out the companies making headlines in premarket trading. BJ's Wholesale Club — Shares retreated 4.6% in premarket trading after the company revised its expectation for comparable store sales in the fourth quarter amid shifting consumer behavior. Applied Materials — Shares slid 7.2% on Friday, a day after Reuters reported , citing sources, that the semiconductor company was under a Justice Department probe. Gap — The retailer soared 18.5% in premarket trading Friday. Marriott Vacations Worldwide — Shares of the timeshare company lost 2.5% after a Bank of America downgrade to underperform from neutral.
Persons: Alibaba, FactSet, Ross, Expedia, Morgan Stanley, — CNBC's Hakyung Kim, Sarah Min Organizations: BJ's Wholesale, Tenet Healthcare, Novant Health, Reuters, Justice Department, Ross, LSEG, Evercore ISI, Pacific Biosciences, UBS, biosciences, Barclays, Marriott, Bank of America Locations: Alibaba —, Carolina, California, GitLab
Sophia Strother became an Amazon delivery partner in 2020 and reached $3 million in revenue in 2022. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Sophia Strother, the 43-year-old founder of the multimillion-dollar delivery company L2E Industries in Austin. I own a delivery company called L2E Industries, which stands for Learning 2 Exhale Industries, and Amazon is my transportation client. I had taken out loans when I started this business and was paying them back each month. Within a month, I started hearing negative things and noticed my good and loyal employees started leaving.
Persons: Sophia Strother, Strother, , haven't, I've, they're, It's, who've, they've Organizations: Service, L2E Industries, Industries, Central Texas, , Employees Locations: Austin, Central Texas, Central
Some are bouncing from hotel room to hotel room, in some cases to make way for the return of tourists who are crucial to the local economy. That’s trickier on Maui, an island of about 150,000 people that's a 30-minute plane ride from the nearest major city, Honolulu. She signed a lease on Wednesday, paying the first month's rent and a deposit using aid money and $2,000 from a cousin. Some landlords wanted as much as $8,000 to $10,000 a month, saying they could get that from tourists, Jachowski said. The agency has identified four sites — three in Lahaina and one in central Maui — near power, water and sewer infrastructure.
Persons: — Charles Nahale, Nahale, ” Nahale, Bob Fenton, ” Fenton, Gail McGovern, Josh Green, Tiffany Teruya, , Teruya, Matt Jachowski, Jachowski, , Fenton, Richard Bissen, Roland Cazimero, Jennifer Sinco Kelleher Organizations: Federal Emergency Management Agency, FEMA, Red, Catholic Charities, Maui, Associated Locations: LAHAINA, Hawaii, Lahaina, U.S, Maui, Honolulu, Green
Five hotels in West Maui were accepting reservations again, according to their websites and the Maui Hotel and Lodging Association. Many local residents have objected to resuming tourism in West Maui, which includes Lahaina town and a stretch of coastline to the north. Thousands of tourists staying in beachfront hotels north of the burn zone left Maui in the days after the fire. Some 11,000 hotel rooms in West Maui have since either sat empty or housed displaced Lahaina residents under a program administered by the Federal Emergency Management Agency and the Red Cross. Four of the five reopening hotels were in the northernmost section of West Maui, including the Ritz-Carlton at Kapalua.
Persons: Josh Green, Green, Laura Paulson, Richard Bissen, ” Bissen, Bissen, , ” Paulson Organizations: Maui, Lodging Association, Hawaii, Federal Emergency Management Agency, Wellness, Resilience, Ritz, Carlton Locations: HONOLULU, Maui, Lahaina, West Maui, Maui County, Paia, Maui's, Hana, Kapalua
Q: I split my workweek between home and a “hot desk”—basically, a timeshare cubicle—at my company’s headquarters. While I appreciate the camaraderie and free cold brew in the office, I have to admit that my bland, anonymous workstation really brings me down. Since it’s not mine 100% of the time, I can’t exactly set up house. But are there any little design tweaks that might make it feel less cell-like?
Persons:
Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?
Persons: Sarah Rachul, I'm, Rachul, Orlando —, , Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood
Don’t Buy a Timeshare—Buy a Timeshare Seller
  + stars: | 2023-08-21 | by ( Spencer Jakab | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
CNN —The search of Rex Heuermann’s Long Island home has ended after investigators turned up “quite a lot of evidence” in the Gilgo Beach serial killings, Suffolk County District Attorney Ray Tierney said Tuesday. “We are for all intents and purposes done with the search,” Tierney told reporters. Suffolk County District Attorney Ray Tierney says the search of Rex Heuermann's home turned up "quite a lot of evidence." “I did not do this,” his court appointed-attorney, Michael Brown, said Heuermann told him. “We’re going to look at the other instances where the bodies were recovered in that area as well,” Tierney said Tuesday.
Persons: Rex Heuermann’s, Ray Tierney, , ” Tierney, Rodney Harrison, , Tierney, Rex Heuermann's, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Michael Brown, Maureen Brainard, Barnes, Harrison, “ We’re Organizations: CNN, Suffolk County Police, CNN Authorities, Investigators, Police Locations: Suffolk County, New York City, Gilgo Beach, Las Vegas, South Carolina’s Chester County, Shore
CNN —Probes into Gilgo Beach serial killings suspect Rex Heuermann now reach across the country as investigators are examining his connections to Las Vegas and South Carolina, where the suspect has owned property. The couple has since sold the first property, the records show, and it is unclear whether they still own the second. Heuermann has pleaded not guilty in the murders of Melissa Barthelemy, Megan Waterman and Amber Costello. FBI investigators were also seen talking to neighbors in the rural South Carolina neighborhood on Tuesday. Prosecutors have detailed a trove of evidence used to connect Heuermann to at least three of the Gilgo Four killings, including credit card bills, cell phone data and DNA evidence.
Persons: Rex Heuermann, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes, Heuermann’s, Steve Caston, Caston, , Amber Lynn Costello, , Anthony Carter, Rodney Harrison, John Minchillo, wouldn’t, , Ray Tierney, Brainard, Harrison Organizations: CNN, Gilgo, Police, Las Vegas Metropolitan Police Department, Heuermann, Chevy Avalanche, FBI, Police Department, Suffolk County, Prosecutors, Parkway, Craigslist, Authorities, Barnes Locations: Las Vegas and South Carolina, Las Vegas, Long, , New York, New York City, South Carolina’s Chester County, South Carolina, Megan Waterman Suffolk, Suffolk, Heuermann, Shore, Suffolk County
Ramsey asked Travis why he hadn't gotten on a "tight, tight, tight, tight budget" to get his debts down. Ramsey said Travis should meet his basic obligations then throw everything else at his "stupid credit card debt until it's gone." "But you're not going out to eat, and you're not going on vacation," Ramsey said. Ramsey said Travis had to look at his finances like "every dollar has a mission:" necessities or his debt. "You will go, 'Where is all this freaking money going?'"
Persons: Dave Ramsey's, Travis, Ramsey, Benjamin Franklin, hadn't, it's, I've, Ramsey's cohost, John Delony, You've, Delony Locations: Michigan, Grand Rapids , Michigan, American
A man on Dave Ramsey's show seven years ago said half his income was going towards his car loan. He is now debt free after following Ramsey's advice, and helps others with their own finances. A man who appeared on Dave Ramsey's show seven years ago said the harsh advice he got helped turn his finances around — and that he's now debt free. Ramsey is an American radio host and evangelical Christian who is known for his financial advice. But Amirfarzaneh, who does not have any part in the lawsuit, said he appreciated Ramsey's advice because it was simple.
Persons: Dave Ramsey's, Faraz Amirfarzaneh, Ramsey, Amirfarzaneh, It's, he's, he'd Organizations: BMW, Toyota Avalon, Avalon, Toyota Locations: , Los Angeles, American, Texas
Dave Ramsey faces a $150 million lawsuit from listeners over his promotion of a timeshare exit group. Lawyers say Ramsey was paid $30 million to promote Reed Hein over a period of six years. Christian radio host Dave Ramsey is facing a $150 million lawsuit from 17 listeners who claim he played a role in defrauding them by promoting a timeshare exit company. The suit said Ramsey was paid millions to advertise Timeshare Exit Team, operated by Kirkland, Washington-based Reed Hein & Associates. Ramsey promoted Reed Hein between 2015 and 2021, and only ceased when the company stopped paying him, according to the suit.
Persons: Dave Ramsey, Reed Hein, Ramsey, Bob Ferguson, it's, Reed Hein's, didn't Organizations: Morning, Ramsey, Hour Media, Washington Western, Court, Religion News Service, Reed Hein & Associates, Lawyers, Washington State, Happy Hour Media Group, Happy Hour Locations: Washington, Kirkland , Washington, Washington State
Your credit score is only one of several factors that determine whether your credit card application will be approved. Credit Card for Excellent Credit Frequently Asked QuestionsWhat is the best credit card for excellent credit? Can I qualify for a credit card without excellent credit? You can absolutely qualify for a credit card without having excellent credit. Compare the Best Credit Cards for Excellent Credit Capital One Venture X Rewards Credit CardChase Sapphire Preferred® CardBank of America® Premium Rewards® credit cardDiscover it® Miles Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.
Persons: Read, We're, Uber, Peacock, Uber Cash, Merrill, Miles you've, Miles, There's, gofree Wyndham, you'll, You'll, It's, Chase, Cardholders, cardholders, you've, Wyndham Organizations: Excellent Credit, Capital, One, Chevron, American Express, American, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, Credit, TSA, Global, Saks Fifth, Reading Chevron, Target, Chase, Bank of America, Bank of America's, of America, Bank of America Travel Center, Wyndham, Business, Venture, Resorts, Saks Fifth Avenue, The Bank of America, Rewards, Barclays, Wyndham Rewards, Diamond, Vacasa Locations: Hulu, Wells, Wyndham
Yet despite all odds, 61% of those surveyed said they plan to travel this summer, up from the 49% who said the same in summer 2021. Some 56% of adults are more likely to stay in a hotel this summer than they were in 2022, according to the AHLA/Morning Consult survey. Booking Holdings is also an analyst favorite, with an average rating of overweight and 10% upside to the average price target, per FactSet. While prices are still high, the latest consumer price index for April showed the airline fares index fell 2.6% month over month, after rising in February and March. Airlines are essentially sold out for summer travel, according to TD Cowen analyst Helane Becker.
Persons: Matt Kramer, They're, You've, Sylvia Jablonski, Kramer, Freed, Bernstein, David Vernon, Price, Robin Farley, Farley, James Hardiman, Hardiman, Josh Weinstein's, RevPar, Tony Capuano, Chris Nassetta, Biden, Hilton, they've, Airbnb, Brian Chesky, it's, Evercore, Mark Mahaney, amortization, Mahaney, Cowen, Helane Becker, Becker, — CNBC's Michael Bloom, Ashley Capoot Organizations: KPMG, KPMG Consumer, Survey, Cruise ETF, Royal, Holdings, Marriott, United Airlines, Morning, American, & Lodging Association, Cruises, UBS, Citi, CCL, CNBC, Hilton Worldwide, U.S . Travel Association, State Department, Booking Holdings, Booking, Airlines, Delta Air Lines, Copa Holdings, Panamanian, Copa Airlines Locations: United States, Royal Caribbean, United, Caribbean, CocoCay, Thursday's, China, North America, Asia, Europe
Wyndham credit cards earn points you can use for free stays at resorts like the Wyndham Grand Clearwater Beach. But it's not just about value, because Wyndham Rewards includes upscale Wyndham Grand, Origin, and Dolce locations, and lifestyle brands like Tryp and Trademark Collection. The easiest way to earn Wyndham points is with the chain's co-branded Barclays Wyndham credit cards, and right now all three are offering elevated welcome bonuses for a limited time. You'll earn 50,000 bonus points after spending $3,000 in the first 90 days, and 25,000 bonus points after spending $10,000 within the first 12 months. Earn Wyndham points from Citi and Capital One cards insteadIt's worth noting that you don't have to open a Wyndham credit card to earn Wyndham points.
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