DIRS.INFO The most relevant business & tech news

☆ Opinion | A ‘Changed Landscape’: Voices From Israel
▼ + stars: | 2024-05-15 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:I write this as I mark Israeli Independence Day in the changed landscape of my neighborhood. Up the block: those of three more fallen soldiers. The park next to the grocery store: dedicated to the memory of another fallen soldier. Around the corner: the home of a young man murdered at the Tribe of Nova music festival on Oct. 7. Past the park: the home of Noa Marciano, a soldier and hostage who was murdered in Al-Shifa Hospital.

Persons: He’s, Noa Marciano Organizations: Shifa Locations: Gaza, Aza, Al, Israel

☆ Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker
▼ + stars: | 2024-05-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

Shares of Novavax jumped as much as 50% on Monday as Wall Street cheered the company's new multibillion-dollar deal with French drugmaker Sanofi that sparked a dramatic turnaround for the struggling vaccine maker. Novavax's stock almost doubled on Friday after it announced the licensing agreement with Sanofi. Under the agreement, Sanofi will take a less than 5% stake in Novavax. Sanofi, one of the world's largest vaccine makers, will co-market Novavax's Covid vaccine in most countries starting in 2025. The deal also allows Sanofi to use Novavax's Covid shot and flagship vaccine technology, Matrix-M adjuvant, to develop new vaccine products.

Persons: Novavax, Sanofi, John Jacobs Organizations: French, Sanofi, Novavax, CNBC Locations: Novavax

Some 4,000 revelers gathered on the night of Oct. 6 at a field in southern Israel, mere miles from the Gaza border, for the Tribe of Nova music festival. At dawn, thousands of Hamas-led terrorists stormed Israel’s defenses under the cover of a rocket barrage. About 1,200 people were killed that day, the deadliest in Israeli history according to the Israeli authorities, including 360 at the rave alone. Many of the ravers were under the influence of mind-altering substances like LSD, MDMA and ketamine as they witnessed the carnage or fled for their lives.

Locations: Israel, Gaza

☆ Novavax stock falls 20% as vaccine maker misses quarterly estimates, sees sluggish 2024 sales
▼ + stars: | 2024-02-28 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

Novavax generated fourth-quarter sales of $291.3 million, down from the $357.4 million in the year-earlier period. Novavax expects full-year 2024 revenue to come in between $800 million and $1 billion. Novavax anticipates first-quarter revenue to come in at $100 million, which reflects the tail end of the current Covid vaccination season. The cuts will help Novavax focus on further developing its combination vaccine targeting Covid and the flu, which it plans to launch in 2026. On Thursday, Novavax said it will settle a bitter arbitration dispute with Gavi, a nongovernmental global vaccine organization, over a canceled Covid vaccine purchase agreement.

Persons: Novavax, John Jacobs, Jacobs, Gavi Organizations: LSEG, CNBC, CNBC PRO

☆ Brandon Novak: Professional bowler facing child pornography charges after reportedly arrested mid-tournament
▼ + stars: | 2024-02-24 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Professional bowler Brandon Novak is facing child pornography charges after he was reportedly arrested midway through a tournament earlier this month. Per the report, Chillicothe police were first notified of Novak last year when a complaint was filed regarding his Facebook account being associated with child pornography, according to The Dispatch. Novak's mugshot from Ross County jail. Ross County JailDuring police interviews with Novak, he said he purchased pornography from someone on Snapchat, but initially said that he did not know the videos would contain child pornography, The Dispatch reported. He later admitted that he knew he was purchasing child pornography and was taking steps to conceal it, according to The Dispatch’s review of the police report.

Persons: Brandon Novak, Novak, Novak's mugshot Organizations: CNN —, The Columbus Dispatch, Ohio Public Records, Chillicothe Police Department, Dispatch Locations: Indiana, Ross County, Ohio, Chillicothe , Ohio, Indianapolis, Chillicothe, Ross

☆ Fed's favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports
▼ + stars: | 2024-02-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.

Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman

☆ CNBC Daily Open: The U.S. economy is humming along
▼ + stars: | 2024-02-23 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Historic moon landingIntuitive Machines IM-1 mission has landed on the moon, in a historic first for a U.S. company. The company's Nova-C cargo lander, named "Odysseus," is the first American spacecraft to land on the lunar surface since 1972. [PRO] 'Seven Samurai'With Japanese markets enjoying a bull run, Goldman Sachs has named "Seven Samurai" stocks in the country, which it highlighted could be to equivalent to the U.S.'s "Magnificent Seven."

Persons: Dow, Reddit, Odysseus, Goldman Sachs Organizations: CNBC, Nasdaq, Social, Securities and Exchange Commission, New York Stock Exchange Locations: U.S

☆ Novavax to settle dispute over canceled Covid vaccine purchase agreement
▼ + stars: | 2024-02-22 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Novavax on Thursday said it will settle a bitter arbitration dispute with Gavi, a nongovernmental global vaccine organization, over a canceled Covid vaccine purchase agreement. In 2022, Novavax terminated a purchase agreement with Geneva-based Gavi. Under the settlement, Novavax has paid an initial $75 million to Gavi and will make deferred payments of $80 million each year through Dec. 31. Analysts had previously told CNBC that Novavax could "be in trouble" if the arbitration forced it to pay the full $700 million to Gavi in 2023.

Persons: Novavax, Gavi, bode, David Marlow Organizations: Dutch Health Service Organization, CNBC Locations: The Hague, Netherlands, Geneva, Novavax

☆ Some Hostages’ Families Say Israel Should Keep Fighting Hamas
▼ + stars: | 2024-02-08 | by ( Johnatan Reiss | ) www.nytimes.com time to read: +1 min

Family members of three hostages say that Israel should not agree to a deal with Hamas before the Israeli military has achieved its objectives in the war. That puts them at odds with the Hostages and Missing Persons Families Forum, the main alliance of hostages’ families, which has forcefully urged Prime Minister Benjamin Netanyahu’s government to give priority to the captives’ release. His comments are a reflection of the emotionally charged debate in Israel around the fate of the hostages as the war in Gaza enters its fifth month. At least 30 of the roughly 136 remaining hostages captured Oct. 7 are believed to be dead, according to an Israeli intelligence assessment. As hostages’ families mount more aggressive protests to demand that Israel secure their release, a rift has deepened among Israelis about the cost the country is willing to absorb to have the remaining captives brought home.

Persons: —, ”, ’, Benjamin Netanyahu’s, Tzvika Mor, Eitan, Mor Organizations: Hamas, Tikva Locations: Gaza, Israel

☆ Hungary's President Under Pressure to Quit Over Pardon in Sex Abuse Case
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - Hungarian opposition parties have demanded the resignation of the president over her decision to pardon a man convicted as an accomplice in helping cover up a case in a children's home whose director sexually abused children. She added that the reasoning behind her decision was not public and all pardons were divisive by their nature. The former director was sentenced to eight years in prison for sexually abusing several under-age boys in 2004-2016. "I am baffled by Katalin Novak's decision as a human being and as a mother," Momentum chair Anna Donath said in a statement on Wednesday, adding she believed the decision was "morally incomprehensible". Some of the opposition and civilians called a protest in front of Novak's presidential office for Friday.

Persons: Katalin, Pope Francis, Novak, Viktor Orban, paedophiles, MTI, Anna Donath, Orban's, Judit Varga, Krisztina, Alison Williams Organizations: Democratic Coalition, Socialists Locations: BUDAPEST

☆ Novartis CEO: Growth drivers performing well, but product exclusivity losses creating headwinds
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNovartis CEO: Growth drivers performing well, but product exclusivity losses creating headwindsVas Narasimhan, CEO of Novartis, discusses fourth-quarter results, weight loss drugs and the company's U.S. targets.

Organizations: Novartis Locations: U.S

☆ Top pharma CEO says preparedness for a new pandemic has not improved
▼ + stars: | 2024-01-17 | by ( Vicky Mckeever | ) www.cnbc.com time to read: 1 min

Vas Narasimhan, chief executive officer of Novartis AG, listens during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 22, 2019. Vas Narasimhan, CEO of pharmaceutical firm Novartis, told CNBC Tuesday that he didn't believe there had been much improvement in preparedness for pandemics in the wake of the Covid crisis. "I'm sad to say, I don't think we've improved unfortunately," said Narasimhan, speaking at the World Economic Forum in Davos, Switzerland. He explained that there did not appear to be the continued level of investment as hoped for, during this "inter-pandemic" period. "Now that we're past the pandemic — and really because of the feats of our industry, companies coming up with incredible mRNA vaccines and diagnostic tools — we're back to almost no investment from governments," Narasimhan said.

Persons: Vas, Narasimhan Organizations: Novartis AG, Economic, Novartis, CNBC Locations: Davos, Switzerland

LARNACA, Cyprus (AP) — Tomer Bassis expected his day to be filled with electronic trance music at the Oct. 7 desert rave party he was attending in southern Israel. The open-air Tribe of Nova music festival is believed to be the worst civilian massacre in Israeli history, with at least 364 dead. In a single day, Hamas and other Palestinian militants killed about 1,200 people in Israel, mostly civilians, and took around 240 people captive. The trips to Cyprus are supported by NovaHelp, a group of mental heath professionals who came together to help survivors of the rave party, said Raskin. Raskin has initiated another, similar project currently underway to bring parents who lost children during the Oct. 7 attack to undergo similar therapy in Cyprus.

Persons: Tomer Bassis, revelers, gunning, Bassis, “, ”, “ I’m, —, Eyal Sirota, Sirota, Rabbi Arie Zeev Raskin, Raskin, ” “ Organizations: NovaHelp, Jewish, Health Ministry, Hamas, Jewish Community Center Locations: LARNACA, Cyprus, Israel, Gaza, Paphos, Larnaca

☆ Israel-Hamas War Israel and Hamas Say Cease-Fire Has Been Extended
▼ + stars: | 2023-11-30 | by ( Ben Hubbard | ) www.nytimes.com time to read: +9 min

Hostages and Missing Families, via ReutersRaz Ben-Ami was kidnapped by Hamas from the Be’eri kibbutz on Oct. 7. Her brother Lior, 16, who was hiding with her, was murdered, according to the Hostages and Missing Families Forum. His uncle, Dror Or, and his cousins, Noam, 17, and Alma, 13, were taken hostage at the same time. Hostages and Missing Families Forum Headquarters, via Associated PressIrena Tati, a physician, and her daughter, Yelena Trupanob, immigrated to Israel from the former Soviet Union and are dual Israeli-Russian citizens, according to the hostages and missing families forum. Yelena’s son Sasha, 28, and his girlfriend, Sapir Cohen, 29, were also taken hostage and are still being held in Gaza.

Persons: Ra’aya Rotem, Reuters Ra’aya Rotem, Hila, Emily Hand, Ra’aya texted, Itay Regev, Associated Press Itay, Raz Ben, Ami, Ben, Ohad, Lior, Tarshansky, Reuma, Kamelia Hoter Ishay, ’ ”, ”, Gat, Roman Gat, Be’eri, Alon, Gefen, Liat Binin, Reuters Liat, Atzili, Aviv, Nir Oz, Moran, Yanai, Liam, Associated Press Liam, Dror, Noam, Alma, Ofir Engel, Associated Press Ofir Engel, Yuval Sharabi, Yossi Sharabi, “, ” Yael Engel Lichi, Amit Shani, Amit Shani Credit, Amit Shani’s, Tal Shani, ‘, Ms, Shani, Amit, ” Ms, ” Irena Tati, Yelena Trupanob, Irena Tati, Vitaly Trupanob, Yelena’s, Sasha, Sapir Cohen, Nadav, Talya Minsberg Organizations: Wednesday, Ra'aya Rotem Credit, Reuters, The, Associated Press, Hapoel Ashkelon, Marvel, Yad Vashem, Nova, Hapoel Tel Aviv soccer, Hamas, Associated, Soviet Locations: Russian, Be’eri, Israel, The Times, Re’im, Gaza, Gali Tarshansky, Tarshansky, Tel Aviv, ‘ Gali, United States, Jerusalem, India, Kibbutz Be’eri, Alma, Soviet Union

Here’s what we know about the Israeli hostages released on Wednesday. Hostages and Missing Families, via ReutersRaz Ben-Ami was kidnapped by Hamas from the Be’eri kibbutz on Oct. 7. Her brother Lior, 16, who was hiding with her, was murdered, according to the Hostages and Missing Families Forum. Hostages and Missing Families Forum, via ReutersMoran Stela Yanai, a self-employed artist and jewelry designer from Be’er Sheva, had gone to the Nova music festival in Re’im to sell her handmade jewelry, according to the hostages and missing families forum. Hostages and Missing Families Forum, via Associated PressLiam Or, a kindergarten teacher in Kibbutz Be’eri, was taken hostage at the home of his uncle.

Persons: Ra’aya Rotem, Reuters Ra’aya Rotem, Hila, Emily Hand, Ra’aya texted, Itay Regev, Associated Press Itay, Raz Ben, Ami, Ben, Ohad, Lior, Tarshansky, Reuma, Kamelia Hoter Ishay, ’ ”, ”, Gat, Roman Gat, Be’eri, Alon, Gefen, Liat Binin, Reuters Liat, Atzili, Aviv, Nir Oz, Moran, Yanai, Liam, Associated Press Liam, Dror, Noam, Alma, Ofir Engel, Associated Press Ofir Engel, Yuval Sharabi, Yossi Sharabi, “, ” Yael Engel Lichi, Amit Shani, Amit Shani Credit, Amit Shani’s, Tal Shani, ‘, Ms, Shani, Amit, ” Ms Organizations: Wednesday, Ra'aya Rotem Credit, Reuters, The, Associated Press, Hapoel Ashkelon, Marvel, Yad Vashem, Nova, Hapoel Tel Aviv soccer, Hamas Locations: Russian, Be’eri, Israel, The Times, Re’im, Gaza, Gali Tarshansky, Tarshansky, Tel Aviv, ‘ Gali, United States, Jerusalem, India, Kibbutz Be’eri, Alma

The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. It also disrupted Canada's prestigious Giller Prize Gala on Nov. 14, a literary award sponsored by Scotiabank. It claims in its petition that Scotiabank is the biggest foreign shareholder in Elbit, whose weapons were heavily used during Israel's 11-day operation in Gaza in May 2021. The email said Scotiabank was "not the biggest shareholder of Elbit, nor is it the biggest foreign shareholder of Elbit. Eko said it would not comment on the protests at Scotia branches and has not taken part in the protests.

Persons: Chris Wattie, Eko, unitholders, Angus Wong, Wong, Bezhalel Machlis, Nivedita Balu, Denny Thomas, David Gregorio Our Organizations: of Nova, REUTERS, Rights TORONTO, Bank of Nova, Elbit Systems, Scotiabank . Toronto Police, Scotiabank, Global Asset Management, Management, Vanguard Group, BlackRock Institutional Trust, Israel Ministry of Defence, Israel MOD, Thomson Locations: of Nova Scotia, Ottawa , Ontario, Canada, Bank of Nova Scotia, Israel, Elbit, Gaza, Toronto, Scotia

A sign for The Bank of Nova Scotia, operating as Scotiabank, in Toronto, Ontario, Canada December 13, 2021. The lender said earnings in the 2024 fiscal year to Oct. 31 would be impacted by "slowing economic growth across its markets and increasing regulatory capital requirements" but it would also benefit from interest-earning assets. "We expect a challenging environment will persist for consumers and businesses," Chief Risk Officer Phil Thomas told analysts, citing muted Canadian economic growth, continued inflationary pressures and uncertain prospects for rate cuts. Finance chief Raj Viswanathan said deposit and loan growth were also expected to moderate from 2023 levels, noting savings levels have started coming down in Canada with inflation at multi-year highs, leaving consumers with less cash in hand. Its efforts to streamline operations resulted in a restructuring charge of C$258 million, Scotiabank said.

Persons: Carlos Osorio, Phil Thomas, Raj Viswanathan, Mike Rizvanovic, Scott Thomson, Niket, Balu, Krishna Chandra Eluri, Tomasz Janowski Organizations: The Bank of, Scotiabank, REUTERS, Bank of Nova, Finance, Bank of Canada, Thomson Locations: The Bank of Nova Scotia, Toronto , Ontario, Canada, Bank of Nova Scotia, Bengaluru, Toronto

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Dollar Tree, Mondelez, Teva, Ulta, Carnival & more
▼ + stars: | 2023-11-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Deutsche Bank reiterates Saia as buy Deutsche said the transports company has "earnings power." JMP downgrades Okta to market perform from market outperform JMP downgraded the stock after a recent security incident. "We downgrade our rating to Market Perform from Under Review (Market Outperform prior) on Okta, Inc. in the wake of the most recent security incident announced on October 20." Wells Fargo reiterates Dollar Tree as overweight Wells said it's standing by its overweight rating on the stock heading into earnings next week. Melius upgrades Carnival to buy from hold Melius said it's "hard to not become incrementally bullish" on the stock.

Persons: Saia, Key, Wells, DLTR, Raymond James downgrades Weyerhaeuser, Raymond James, Redburn, Bernstein, Tesla, underperform Bernstein, Needham, Aston Martin, Jefferies, Pulte, Melius Organizations: Deutsche Bank, Deutsche, Bloom Energy, Clean Tech, Citi, New, Ulta Citi, Inc, Dominion, Weyerhaeuser, UBS, Waste Management, Novartis, EV, Pulte Group, RBC, GE Healthcare, Nvidia

☆ Israel-Hamas War Israel Faces Decision on What to Do After End of Truce
▼ + stars: | 2023-11-26 | by ( Patrick Kingsley | Aaron Boxerman | ) www.nytimes.com time to read: +8 min

Hamas released a second group of 13 Israeli hostages on Saturday as part of a cease-fire deal, a day after it released another 13. (Read about the Israeli hostages who have already been released here.) “I want to start walking to where the decisions are made.”Sharon Avigdori, 52; Noam Avigdori, 12Image Sharon and Noam Avigdori Credit... Maya Regev, 21Image Maya Regev Credit... Regev Family, via Associated PressMaya Regev was at the Tribe of Nova music festival on Oct. 7 when Hamas attackers infiltrated Israel and massacred hundreds of young festivalgoers. Their mother, Yonat, was one of dozens killed in Kibbutz Be’eri.

Persons: —, Shoshan Haran, Rachel Gur, Associated Press Shoshan Haran, Avshalom Haran, Lilach, Evyatar Kipnis, Paul Castelvi, Haran’s, Adi Shoham, Shoshan, Naveh, Yahel, Tal Shoham, Shoham, Yuval Haran, Adi Shoham’s, “ I’m, ”, “, ” Sharon Avigdori, Noam Avigdori, Sharon, Sharon Avigdori, Avshalom, Hen Avigdori, Omer, Avigdori, Emily Hand, Yael Shahrur Noah, Associated Press Emily Hand, Natalie Hand, Emily, Thomas Hand, ” Ireland’s, Maya Regev, Regev, festivalgoers, Ilan Regev Derby, Omer Shem Tov, Mirit, Alma, Noam, Dror, Hila Rotem Shoshani, Hila Rotem, Rotem Shoshani, Raaya, texted, Noga, Shiri Weiss, Reuters Shiri Weiss, Noga Weiss, Kibbutz Be’eri, Oren Rubinstein, Rubinstein, Ilan Weiss, Shiri’s, Gil —, Jeffrey Gettleman Organizations: Associated Press, Associated, Noam, Israel’s, Embassy, The, Shiri, Reuters, YouTube, IDF, U.S . Special Forces, Be’eri Locations: Tel Aviv, Gaza, Be’eri, Israel, Jerusalem, Hod Hasharon, Irish, Kibbutz Be’eri, London, ”, Hila Rotem Shoshani, San Francisco, WhatsApp

Sharon Avigdori, a sister of Avshalom Haran and a drama therapist, was visiting her family in Be’eri with her daughter, Noam Avigdori, when they were seized. Her family initially believed she had been killed in the attack, but was later informed that she was kidnapped. Her older sister, Natalie Hand, told Israel’s Channel 12 that the family had cried for Emily when it was informed she had been killed. Maya Regev, 21Image Maya Regev Credit... Regev Family, via Associated PressMaya Regev was at the Tribe of Nova music festival on Oct. 7 when Hamas attackers infiltrated Israel and massacred hundreds of young festivalgoers. We will not stop until Itay and all the hostages get back home.”

Persons: Sharon Avigdori, Avshalom, Noam Avigdori, Hen Avigdori, Omer, Avigdori, “, ”, Emily Hand, Yael Shahrur Noah, Associated Press Emily Hand, Natalie Hand, Emily, Thomas Hand, “ I’m, ” Ireland’s, Maya Regev, Regev, festivalgoers, Ilan Regev Derby, Omer Shem Tov, Mirit Organizations: Associated Press, Israel’s, Embassy Locations: Be’eri, Hod Hasharon, Israel, Jerusalem, Irish, Kibbutz Be’eri, London, Gaza, ”

☆ 3 things to watch in the stock market as Street aims to extend winning streak
▼ + stars: | 2023-11-25 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

(Treasury yields tend to move inversely to stock prices; as yields fall investors seeking better returns move money back into the stock market). The chipmaker once again came into its quarterly print with super-high expectations on the Street, but once again exceeded them . For this reason, we put more emphasis on monthly economic releases, such as the aforementioned personal spending report. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Dow, Estee Lauder, Einstein, Jim Cramer's, Jim Cramer, Jim, Locker, Jeff Greenberg Organizations: Nasdaq, Federal Reserve, Treasury, Nvidia, Apple, TJX, Bank of Nova, Elbit Systems, Intuit, Hewlett Packard Enterprise, Hormel, Kroger, KR, Academy Sports, TD Bank, Royal Bank of Canada, Dell Technologies, Bank of Montreal, BMO, Jim Cramer's Charitable, CNBC, Universal, Getty Locations: Bank of Nova Scotia, AMBA

☆ U.S. renewable, grid battery projects battle transformer shortage
▼ + stars: | 2023-11-15 | by ( Nicole Jao | ) www.reuters.com time to read: +5 min

LONGER LEAD TIMESLarge-scale battery projects to store energy on grids and to smooth out the variance of wind and solar power are also seeing longer lead times. They are taking around 12 to 18 months to complete, around six months longer than they would take without the supply issues, said Andrew Waranch, chief executive of battery energy storage system developer Spearmint Energy. Utility AES Corp (AES.N) has stockpiled supplies of the equipment it needs to build battery storage projects through 2025, a company spokesperson said. A shortage of raw materials that has contributed to transformer supply delays is unlikely to ease soon, manufacturers said. The supply-demand dislocation has worsened with the rapid scale-up of wind, solar and storage projects.

Persons: Nick Oxford, Vanessa Witte, Wood Mackenzie, Ben Pratt, Pratt, we've, Reagan Farr, Farr, Andrew Waranch, Waranch, Marco Terruzzin, Doug Banty, Banty, John Darby, Nicole Jao, Simon Webb, Nick Zieminski Organizations: REUTERS, AES, Nova Clean Energy, Silicon, Spearmint Energy, Developers, American Clean Power Association, U.S . Energy Information Administration, AES Corp, MGM, Niagara, Thomson Locations: Big Spring , Texas, U.S, Chicago, Swiss, China, California, Russia, Ukraine, New York

Nearly 30 young people took refuge inside a grimy bunker on the morning of Oct. 7, hoping the reinforced-concrete shelter near the border with Gaza would fulfill its promise of protection. Health officials in Gaza say Israeli strikes have killed more than 11,000 people in the Palestinian enclave. There is no official list of who was in the bunker near Re’im, one of hundreds of shelters that dot the roads of southern Israel. Seeing a shelter, its exterior painted with a colorful mural of a bird, they pulled their cars off the road and sought safety inside. She had arrived at the festival around 4:30 a.m. with her boyfriend, her nephew and his girlfriend.

Persons: ”, Ziv Abud Organizations: Health Locations: Gaza, Kibbutz Re’im, Israel, Re’im, Tel Aviv

☆ The Relentless Longevity of Novak Djokovic
▼ + stars: | 2023-11-10 | by ( Joshua Robinson | ) www.wsj.com time to read: 1 min

Novak Djokovic isn’t going anywhere. A full two decades after turning professional as a skinny teenager in 2003, Djokovic is just one match victory away from finishing a record eighth season as world No. By all normal expectations, the 36-year-old Djokovic should be showing signs of wear by now. Or have a whole generation of players bidding to tear him down. But as he joked this season: “It ain’t happening.”

Persons: Novak Djokovic isn’t, Djokovic, Roger Federer, Rafael Nadal, ”

With the economy slowing and adding fewer jobs, banks are anticipating more consumers could default on credit-card payments and mortgages, hurting profits. "(Canadian banks) are running a little bit tighter in capital than they have in the past," said Adrienne Young, director of corporate credit research at Franklin Templeton Canada. "I don't see them having to go out and raise equity... I think the banks will use other tools in their toolbox before having to go and raise equity," said Maria Gabriella Khoury, analyst at credit-ratings agency Fitch. "They are doing that.. to make sure banks are holding more capital as we potentially head into a downturn," Colangelo said.

Persons: Banks, Adrienne Young, Maria Gabriella Khoury, Fitch, Robert Colangelo, Colangelo, Anthony Visano, Nivedita Balu, Rod Nickel Organizations: TORONTO, Franklin Templeton, " Bank of Nova, Scotiabank, BMO, Equity, DSB, Royal Bank of Canada, RBC, HSBC Canada, Kingwest, Thomson Locations: Franklin Templeton Canada, " Bank of Nova Scotia, U.S, Toronto

Search resuls for: "of Nova"

25 mentions found