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☆ Matthieu Pavon: His mother buried a coin by a tree at Augusta as a good luck charm for her son. This is what happened next
▼ + stars: | 2024-02-02 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Since the early 2000s, a coin has lay buried next to a tree at Augusta National Golf Club, nestled there as a good luck charm by the mother of a promising young French golfer. Not since Arnaud Massy became the first non-Briton to win the Open Championship in 1907 has a Frenchman lifted silverware at a recognized Tour event. The world’s 890th ranked amateur when he turned professional in 2013, Pavon spent two years on the Alps Tour before graduating to the Challenge Tour, finally securing his card on the DP World Tour (European Tour) in 2017. “I don’t come from a normal background because I wasn’t a great player once,” Pavon told CNN Sport’s Don Riddell. Augusta National and Spyglass Hill – host of this week’s Pebble Beach Pro-Am – were once courses Pavon could only navigate in the video game world of Tiger Woods PGA Tour 06.

Persons: Matthieu Pavon, Pavon, Arnaud Massy, Frenchman, Denmark’s Nicolai Hojgaard, ” Pavon, CNN Sport’s Don Riddell, “, Gregory Bull, Michel, Beatrice, Naomi Baker, Justin Thomas, Rickie Fowler, “ Spyglass, you’re, You’re, you’ve, Céline Boutier, Massy, Catherine Lacoste, Patricia Meunier, Lebouc, Boutier, Lewis Joly, ” Organizations: CNN, Augusta National Golf, Farmers Insurance, Spanish, PGA, Harvard University, France’s Ligue, Getty, Pavon’s PGA, Players, . Augusta National, Tiger, Céline, Evian Championship, Chevron, Evian, Ryder, Europe Locations: Augusta, French, Toulouse, California, Europe, America, Pavon, France’s, Bordeaux, Rome, Bethpage , New York

☆ Fired employee trashes modern corporate work culture
▼ + stars: | 2023-11-14 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Tucker Carlson tore into modern corporate work culture in a recent interview. "I just so hate that culture that treats people like they're not people," he said. AdvertisementFormer Fox News host Tucker Carlson tore into modern work culture in a recent interview, saying that it "treats people like they're not people." Advertisement"Did I just find myself agreeing with Tucker Carlson?????" "Who is this and what has he done with Tucker Carlson?"

Persons: Tucker Carlson, Carlson, —, Theo Von, Von, tucker Carlson, Tucker Organizations: Fox, Service, Fox News, Dominion Voting Systems, Dominion

Simmons, though, saved some of his profusive praise for one of Denver's current pass rushers, Baron Browning, a third-year pro from Ohio State who has transitioned from inside to outside linebacker. Browning missed the first two months of the season while recovering from knee surgery and a wrist injury. Political Cartoons View All 1240 Images“It's crazy to have that type of impact really your first game back,” Simmons said. The most impressive play by Browning was his strip sack of Mahomes on first-and-10 from the Broncos 19 less than a minute before halftime. “He has that bend and he has that athleticism to be able to put himself in that upper echelon of pass rushers.

Persons: — Justin Simmons, Von Miller, “, ” Simmons, Miller, Simmons, Baron Browning, Browning, Vance Joseph, Patrick Mahomes, ”, Donovan Smith, Smith wobbled, Jonathon Cooper, Von's, that's, ” Browning, Everyone's, Joseph, He’s Organizations: Denver Broncos, Rams, Bills, Ohio State, Green, Kansas City Chiefs, ” Kansas City, Broncos, Chiefs, Famer Locations: ENGLEWOOD, Colo, Buffalo, ” Kansas, Mahomes, Denver

☆ The objects we keep when loved ones die — and what they say about mourning
▼ + stars: | 2023-09-25 | by ( Oscar Holland | ) edition.cnn.com time to read: +8 min

In the years since, she has gathered the stories behind dozens of objects that people have kept after their loved ones died. Jody Servon and Lorene Delany-Ullman/savedobjectsofthedead.com This metal colander is among the everyday items that Servon's interviewees selected for the project. Jody Servon and Lorene Delany-Ullman/savedobjectsofthedead.com This item tells the story of a woman, Elaine, who sewed and sold star-shaped gifts prior to her murder. Jody Servon and Lorene Delany-Ullman/savedobjectsofthedead.com "Saved: Objects of the Dead," published by Artsuite (Wilson, NC), is available now. Jody Servon and Lorene Delany-Ullman/savedobjectsofthedead.comPower of memoryServon and Delany-Ullman say the project has been therapeutic for the interviewees — and themselves.

Persons: Jody Servon’s, “, ” Servon, Jody Servon, Lorene Delany, Ullman, she's, Delaney, Elaine, Mary, Nancy Fowler, Conyers, Virgin Mary, Artsuite, ”, Servon, she’s, ” Delany, “ Grace, Alan’s, savedobjectsofthedead.com There’s, Grace, Delany, doesn’t Organizations: CNN, Appalachian State University Locations: Bavarian, Wilson , NC, North Carolina

☆ A Gen Z software engineer at Google reportedly earns $150,000 working 1 hour a day and spends the rest of his time on his startup
▼ + stars: | 2023-08-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Devon, a Google software engineer, told Fortune he works one-hour days at his job. For the rest of the day, he works on his startup, he told Fortune. Devon told Fortune he couldn't justify working hard when he saw colleagues working late nights without moving up the corporate ladder. "It's not like you'd really get promoted for going above and beyond," Devon told Fortune. "If I wanted to work long hours, I'd be at a startup," Devon told Fortune.

Persons: Fortune, Devon, Google didn't, Devon isn't, Jason, sprees, Keith Rabois, Thomas Siebel, Forbes, I'd Organizations: Morning, Google, Tech, Meta Locations: Devon, Silicon, Hawaii

☆ Could the curse of Tutankhamun’s tomb be caused by fungi?
▼ + stars: | 2023-08-09 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

Rumors of a curse have persisted since Howard Carter and others found Tutankhamun's tomb in 1922. But because he'd been present at the opening of Tutankhamun's tomb a few months prior, rumors of a curse started to swirl. But dozens of Egyptian laborers contributed physical and skilled labor to excavate Tutankhamun's tomb. As the decades passed, some scientists wondered if there was something deadly lurking in Tutankhamun's tomb: fungi. Egyptian carpenters prepare to reseal Tutankhamun's tomb with Howard Carter circa 1923.

Persons: Howard Carter, Lord Carnarvon, he'd, King, Carter, Carter's, Tutankhamun, George Herbert , 5th Earl of Carnarvon, LiveScience, Lord Carnarvon's, Susie, Carnarvon, Evelyn Herbert, Harry Burton, Sherlock Holmes, Sir Arthur Conan Doyle, Carnarvon's, Sir Ernest A, Wallis Budge, George Jay Gould, Philip Livingston Poe, Edgar Allen Poe, Richard Bethell, Howard, King Tutankhamun, Apic, Ali Kamel Fahmy Bey, Frank McClanahan Organizations: Service, New York Times, British Museum, Savoy, Harvard University, Hulton, Safety Locations: Wall, Silicon, British, Luxor, Egypt, Cairo, Hampshire, England, London, Aspergillosis

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File PhotoAug 1 (Reuters) - Shale producers Pioneer Natural Resources Co (PXD.N) and Devon Energy Corp (DVN.N) on Tuesday tightened budgets and warned of lower drilling and completions activity in coming months after a drop in oil and gas prices slashed their second-quarter profits. U.S. shale producers have been forced to reduce the number of rigs in operation and delay well completions as profits have fallen from bumper 2022 levels after crude prices eased from multi-year highs. Pioneer, a top producer in the Permian shale basin, cut its 2023 budget, including for drilling and completions, by $125 million to a range of $4.375 billion to $4.575 billion. Devon, which operates in Permian's Delaware basin, forecast capital spending of about $900 million in the third quarter, less than in the second quarter, after one temporary fracking crew was dropped from the basin.

Persons: Angus Mordant, Devon, Pioneer's, Arunima Kumar, Maju Samuel, Richard Chang Organizations: REUTERS, Natural Resources, Devon Energy Corp, Thomson Locations: Loving County , Texas, U.S, Permian's Midland, Devon, Permian's Delaware, Bengaluru, Arathy, Houston

July 13 (Reuters) - Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday, while three federal regulatory agencies sued him and his company. Mashinsky, 57, was charged with seven criminal counts - including securities fraud, commodities fraud and wire fraud - while Celsius' former chief revenue officer, Roni Cohen-Pavon, was charged with four criminal counts, according to the indictment, which was unsealed on Thursday. Its founder Sam Bankman-Fried was charged with fraud last year, and has pleaded not guilty. Crypto lenders such as Celsius grew rapidly as crypto prices surged during the COVID-19 pandemic. The U.S. Commodity Futures Trading Commission and the Federal Trade Commission also sued Celsius and Mashinsky.

Persons: Alex Mashinsky, Roni Cohen, Pavon, Cohen, Sam Bankman, Fried, Mashinsky, Niket, Hannah Lang, Elizabeth Howcroft, Chris Prentice, Shinjini Ganguli, Chizu Nomiyama, Jonathan Oatis Organizations: Mashinsky, Attorney's, Prosecutors, U.S . Securities, Exchange Commission, SEC, Arrows Capital, U.S . Commodity Futures Trading Commission, Federal Trade Commission, FTC, Network, Coinbase, Arbinet, Transit Wireless, Thomson Locations: U.S, New York, Manhattan, New Jersey, cryptocurrency, Singapore, Bengaluru, Washington, London

☆ Devon Energy tops profit estimates on strong demand, boosts share buyback
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

May 8 (Reuters) - Shale oil producer Devon Energy (DVN.N) on Monday topped Wall Street estimates for first-quarter profit on high demand for crude oil, and raised its share repurchase program by 50% to $3 billion. Energy companies have started boosting investor returns since last year with the excess cash they generated aided by higher crude prices. While crude price fell during the first quarter, nearly 20% lower compared to last year when prices soared to multi-year peaks following Russia's invasion of Ukraine, they were still high enough for producers to remain profitable. Shale producers Marathon Oil Corp (MRO.N), APA Corp (APA.O) and EOG Resources also posted profit above estimates last week, helped by strong crude prices and demand. Reporting by Sourasis Bose in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ The rapid run-up in stocks prompts us to exit one position and to trim another
▼ + stars: | 2023-04-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Shortly after the opening bell, we will be exiting our position in Devon Energy (DVN), selling 500 shares at roughly $53.71. Now that our trading restrictions have cleared, we are selling the rest of our Devon Energy position into its recent strength. Last month we laid out a few reasons why our plan was to part with Devon Energy but keep Pioneer Natural Resources (PXD) and Coterra Energy (CTRA). With our exit of Devon Energy, we'll realize an average loss of about 7.7% on our last remaining shares. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Stock Chart Icon Stock chart icon Nvidia's stock performance year to date. Stock Chart Icon Stock chart icon Meta's stock performance year to date. Stock Chart Icon Stock chart icon Devon Energy's stock performance year to date. Stock Chart Icon Stock chart icon Johnson & Johnson's stock performance year to date. Stock Chart Icon Stock chart icon Honeywell's year to date stock performance.

☆ Bernstein's market-beating stock model loves 4 Club holdings. Here's where we stand on each
▼ + stars: | 2023-03-29 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Four Club holdings — including Meta Platforms (META) and Pioneer Natural Resources (PXD) — are among the 12 best-positioned stocks right now, investment bank Bernstein told clients Wednesday. A third characteristic shared by all 12 stock is not being a so-called "crowded trade," as measured by Bernstein's Crowding Model. Meta Platforms Bernstein's take: Meta's aggressive cost-cutting efforts are likely factored into the social media giant's stock price in full, according to the firm. Pioneer Natural Resources Bernstein's take: Pioneer has "the simplest and most reliable" operating model within the energy sector, analysts wrote. Devon Energy Bernstein's take: The firm sees Devon as the best "turnaround story" in the U.S. shale sector, noting that past performance has sometimes been "marred by shaky strategic decisions."

With estimates pushing higher, we think the rally in META still has more room to run, prompting us to raise our price target. Bullpen The newest addition to our bullpen is Foot Locker (FL). Foot Locker has also been a victim of the shift to shopping on ecommerce platforms, given its large presence in malls. But if she can do for Foot Locker what she achieved at Ulta Beauty, Footlocker's shares can go much higher. An employee arranges a sneaker display at a Foot Locker Inc. store inside the South Park Mall in Strongsville, Ohio.

The dinner with shale producers and OPEC officials continued a tradition that began around five years ago when they were fierce competitors. It has been held in most recent years during the CERAWeek energy conference in the U.S. oil industry capital. Among the other topics that came up were strong oil demand and what U.S. shale producers could do to meet it given what shareholders want, he said. The event comes at a tumultuous time for global markets with the war in Ukraine disrupting global oil and gas flows while enriching both producer groups. Fewer OPEC officials are present at this year's annual CERAWeek conference, with ministers from key countries, including Saudi Arabia and Iraq, absent from the attendee list.

☆ Jim Cramer's Investing Club meeting Wednesday: Retail sales, Devon, Bausch Health
▼ + stars: | 2023-02-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Watch Bausch A welcome leadership change at eye-care firm Bausch + Lomb (BLCO) is causing shares of Club holding Bausch Health (BHC) to surge 13% Wednesday, to roughly $8.52 apiece. Bausch Health owns nearly 89% of Bausch + Lomb, so what's good news at BLCO is good news for BHC, too. Saunders is a solid pick to lead Bausch + Lomb, which had been a division of Bausch Health up until May 2022. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Devon Energy's plunge after management fails to reassure investors makes us question our stake
▼ + stars: | 2023-02-15 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Shares of Club holding Devon Energy (DVN) fell sharply Wednesday, one day after delivering disappointing fourth quarter results , reducing its fixed-plus-variable dividend and barely buying back any stock. DVN 1Y mountain Devon Energy (DVN) 1-year performance Devon management on Wednseday did reassure investors of its commitment to financial discipline and shareholder returns. Production guidance On Devon's earnings call Wednesday morning, management said that the first quarter is expected to be the lowest production quarter of fiscal 2023. The facility is expected to be back up and running by mid-March, with no impact to second quarter production expected. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Devon Energy delivered a disappointing fourth quarter, even when factoring in lower energy prices
▼ + stars: | 2023-02-14 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Oil-and-gas producer Devon Energy (DVN) on Tuesday delivered lackluster fourth-quarter earnings, sending shares lower. Note : Devon Energy is scheduled to host its post-earnings conference call on Wednesday at 11:00 a.m. Bottom line This was a disappointing quarter for Devon Energy, despite having managed our expectations given the recent decline in energy prices. As a result, Devon stock tumbled roughly 5.5% in afterhours trading, as shares re-rated to the lower cash-return profile. As was the case in the prior quarter, Devon did not aggressively make use of its $2 billion share repurchase program in the fourth quarter.

☆ Here’s our third-quarter earnings report card for all the stocks in our portfolio
▼ + stars: | 2022-12-27 | by ( Zev Fima | ) www.cnbc.com time to read: +17 min

Third-quarter earnings season is finally behind us — and like the prior quarter, results were solid overall compared to analyst forecasts. Danaher (DHR) reported sales and earnings beats on the back of better-than-expected results in all three segments of the health technology company. While U.S. customer traffic was down in the quarter, management noted that it improved sequentially and improved throughout the quarter. Still the luxury hotel and casino company reported solid third-quarter results boosted by its U.S. properties. Amazon (AMZN) reported results that were disappointing, to say the least, and compounded by guidance that was even worse.

☆ Jim Cramer's Investing Club meeting Friday: Weak PMI data, oil stocks, Estee Lauder
▼ + stars: | 2022-12-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Weak PMI data is good for Fed When to add to energy stocks Stay bullish on Estee Lauder 1. Stay bullish on Estee Lauder Atlantic Equities on Friday raised its price target on Club holding Estee Lauder (EL) to $302-per-share, while reiterating an overweight, or buy, rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ These 10 Club holdings have been the biggest buyers of their own stocks
▼ + stars: | 2022-12-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

We then divided that by each company's average market capitalization throughout that same time period. These 10 stocks spent the most on buybacks in their latest full fiscal year relative to their average market capitalization over that same four-quarter period. Devon Energy's stock ended Tuesday at $61.98 per share, giving the company a market cap of $40.52 billion. As of Sept. 30, the company had $43.5 billion remaining on its $70 billion buyback program, which was authorized by the board in April. As of Sept. 30, Linde had $6 billion left on its $10 billion buyback authorization approved by its board in February.

☆ 3 lessons from the Investing Club's Monday meeting
▼ + stars: | 2022-11-28 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Buying DVN We are buying 100 shares of Devon Energy (DVN) on a dip. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Gilman Hill's Jenny Harrington likes this cheap energy stock with a dividend
▼ + stars: | 2022-11-18 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Gilman Hill Asset Management's Jenny Harrington recommends Devon Energy because of its cheap trading value and solid dividend "I don't want to be a bull, I don't want to be a bear," the investor said on CNBC's "Halftime Report." The Oklahoma-based energy stock gained 57% this year, slightly below the 65% jump seen in the S & P 500 's energy sector. Earlier this month, the company reported third-quarter earnings per share that beat expectations, according to FactSet. Still, Harrington said she likes the dividend the company provides. Harrington also pointed to it trading at seven-times earnings, which is considered low by many investors.

☆ Devon Energy shares slump on higher capex, disappointing Q4 output outlook
▼ + stars: | 2022-11-02 | by ( Liz Hampton | ) www.reuters.com time to read: +2 min

Companies Devon Energy Corp FollowNov 2 (Reuters) - Shares of U.S. shale oil producer Devon Energy (DVN.N) slumped more than 7% on Wednesday on an outlook for higher than expected capital spending and lower than forecast fourth-quarter output. Investors have been pushing U.S. shale companies to hold spending flat and increase oil and gas output at single-digit percentage levels to generate higher returns. However, companies have warned that higher costs for labor, materials and equipment are pushing up spending. Devon forecast fourth-quarter production of between 640,000 and 660,000 barrels of oil equivalent per day (boepd), 2% under the midpoint of investment firm Cowen's estimate. Devon executives told investors the company anticipates higher production in 2023 over 2022, but next year's volumes will be at the bottom half of its targeted 0% to 5% growth rate compared to 2022 exit rates.

☆ Devon Energy's third-quarter beat comes on the back of solid capital discipline
▼ + stars: | 2022-11-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

3Q cash flow Operating cash flow for the quarter increased 32% year-over-year, to $2.1 billion, roughly in line with analysts' estimates of $2.18 billion. Free cash flow grew 31% annually, to $1.48 billion, in line with forecasts of $1.45 billion. Capital allocation At the Club, we pay close attention to cash flow metrics. The strong cash flow realized in the third quarter allowed management to announce a fixed-plus-variable dividend of $1.35 a share. Free cash flow is expected to increase more than 25% on an annual basis.

☆ Wall Street’s top analysts bet on these stocks as economic uncertainty increases
▼ + stars: | 2022-09-18 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

To that end, here are five stocks chosen by top Wall Street pros, according to TipRanks, a platform that ranks analysts based on their performance history. White has a track record of a 57% success rate on his ratings, each rating generating average returns of 11%. EQT CorporationThe growing demand for natural gas as an energy source is driving growth at EQT Corporation (EQT). (See Broadcom Stock Investors on TipRanks) The analyst believes that the acquisition will significantly drive Broadcom's earnings per share. 128 among around 8,000 analysts on TipRanks, Rakesh has had success with 57% of his ratings.

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