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Alwy initiated coverage of Waste Management and Waste Connections with a buy rating on each. His $241 price target on Waste Management suggests 15.7% upside, and his $189 price target on Waste Connections implies the stock has roughly 14.4% to rise. This year, Waste Management shares are up 17.2%, while Waste Connections has added 11%. Waste Connections is planning to invest $150 million, most of which will be used for renewable natural gas, or RNG, projects, she said. With that price target, she expects shares could add 7.3%.
Persons: Alwy Organizations: Deutsche Bank, Waste Management, Waste, Services, Casella Waste Systems Locations: American, North America
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden administration reportedly revoking certain licenses for exports to HuaweiCNBC's Megan Casella joins 'Closing Bell' to discuss reports that the Biden administration revoking licensing for exports to Huawei.
Persons: Megan Casella Organizations: Biden, Huawei
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSocial Security trust fund set to be depleted by 2035 estimates U.S. TreasuryCNBC's Meghan Casella joins 'Closing Bell Overtime' with the latest on Medicare and Social Security fund estimates out of the Treasury.
Persons: Treasury CNBC's Meghan Casella Organizations: Social Security, Treasury, Medicare
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBusiness groups fight back against the Biden administration's regulationsCNBC's Megan Casella joins 'Power Lunch' to discuss why there's a surge in legal action from the Biden administration.
Persons: Megan Casella, Biden Organizations: Biden
Treasury Department to reimpose oil sanctions on Venezuela
  + stars: | 2024-04-17 | 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 EmailTreasury Department to reimpose oil sanctions on VenezuelaCNBC's Megan Casella joins 'Closing Bell' to report on the Biden Administration's plan to reimpose oil sanctions on Venezuela.
Persons: Megan Casella, Biden Organizations: Email Treasury Department Locations: Venezuela
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. awards $1.5 billion to GlobalFoundries to build fab in upstate New YorkCNBC's Meghan Casella reports on the latest news in the semiconductor space.
Persons: New York CNBC's Meghan Casella Locations: New York
Goldman Sachs said Casella Waste Systems' strong pricing and growth outlook will ignite the stock. Casella stock has added 3.4% from the start of the year. Analyst Adam Bubes said the company's strong local market share as well as a promising expansion outlook could underpin double-digit future revenue growth. "Casella has 60% market share within a 50 mile radius of its landfills; the next highest in our coverage is 54%," Bubes said. "As a result, we see scope for CWST to sustain mid-to-high single digit solid waste pricing."
Persons: Goldman Sachs, Adam Bubes, Casella, Bubes, — CNBC's Michael Bloom Organizations: Waste Systems
HSBC initiates Zoom as buy HSBC said Zoom is the leader in video conferencing. HSBC initiates Deere as buy HSBC said in its initiation of Deere that it sees "upside in the cycle." HSBC initiates Salesforce as buy HSBC said in its initiation of the stock that it's a "margin expansion story." HSBC initiates Snowflake as buy HSBC said Snowflake is well positioned for AI. HSBC initiates Oracle a buy HSBC said in its initiation of Oracle it likes the company's cloud platform.
Persons: Morgan Stanley, Rivian, it's, TD Cowen, Needham, Piper Sandler, Piper, KEY's, Lauder, Redburn, Wolfe, Goldman Sachs, Goldman, Casella, Zoom, Snowflake, Northcoast, Apple, Salesforce, Ford Organizations: Bank of America, underperform Bank of America, HSBC, Anheuser, Busch InBev, UBS, WWE, UFC, Systems, Moffett, Deere, Oracle, of America, Amazon, Apple, Lenovo, Adobe, General Motors, Ford, GM, UAW Locations: Americas, 2H23, North America, U.S, China
Nucor — The steelmaker fell 6.1% after offering worse-than-expected guidance for third-quarter earnings, with the company pointing to pricing and volume challenges. Core & Main — The infrastructure stock retreated 4.1% a day after it announced a secondary stock offering. The bank said Apellis has a favorable risk/reward ahead of third-quarter earnings. The Wall Street firm said the resumption of loan repayments introduce bookings risk to food delivery. The Wall Street firm said its pessimistic outlook was changing despite recent underperformance in the reinsurance space.
Persons: Stellantis, Chris Rondeau, Rondeau, Craig Benson, Nucor, Raymond James, Needham, Charles Shi, Lam, Goldman Sachs, Apellis, MoffettNathanson, Estée Lauder, Goldman, Yun Li, Jesse Pound, Samantha Subin, Pia Singh, Brian Evans, Lisa Kailai Han Organizations: UAW, General Motors Wentzville, General Motors, Ford, United Auto Workers began, Workers, CNBC, LSEG, PTC Therapeutics, Medicines Agency's, Medicinal Products, Arm, Investment, Bloomberg News, Apple, Dexcom, ASML Holding, Lam Research, Taiwan Semiconductor, Adobe, Bank of America, JPMorgan, Apellis Pharmaceuticals, Waste Systems Locations: Wentzville , Missouri, New Hampshire, Wells, underperform
Arriving after so much political action, the play feels like an afterthought. In “Antigone in the Amazon,” two Flemish actors from NTGent, Sara De Bosschere and Arne De Tremerie, address the audience at regular intervals, explaining the tricky process of making the show and the ethical issues it raised. At one point, they are shown onscreen performing a scene from “Antigone” for the residents of a remote Amazonian village, who sit in a circle around them. I occasionally wondered the same thing about “Antigone in the Amazon.” Still, it is a more balanced, effective production than “Orestes.” Two Brazilian performers, Frederico Araujo and Pablo Casella, join the Flemish cast onstage. A third, the Indigenous activist Kay Sara, was supposed to join them and play Antigone, but we are told early in the show that she had “decided to go back home, with her people.”
Many fintech companies — particularly those dealing directly with retail borrowers — will be forced to shut down or sell themselves next year as startups run out of funding, according to investors, founders and investment bankers. Other private companies with a reasonable path to profitability will typically get funding from existing investors. The frenzy peaked in 2021, when fintech companies raised more than $130 billion and minted more than 100 new unicorns, or companies with at least $1 billion in valuation. "20% of all VC dollars went into fintech in 2021," said Stuart Sopp, founder and CEO of digital bank Current. "The competitive landscape shifts the most during periods of fear, uncertainty and doubt," said Kelly Rodriques, CEO of Forge, a trading venue for private company stock.
The best food marketing stunts of the year
  + stars: | 2022-12-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +10 min
“The Big Cheez-It Tostada and Big Cheez-It Crunchwrap are in such Big demand that our limited offer is no longer available,” the chain said. Diane Bondareff/AP Images for Fancy FeastOver the summer, Fancy Feast invited people to answer the question: What does cat food taste like? The restaurant dishes drew inspiration from Fancy Feast Medleys, cat food that is itself inspired by human food like salmon primavera and turkey florentine. The restaurant’s menu was created by Amanda Hassner, in-house chef for Fancy Feast, as well as restaurateur Cesare Casella, a Michelin star winner, according to a Fancy Feast press release. Papa JohnsAs a permanent addition to the Papa Johns menu, the no-crust, toppings-only Papa Bowls are technically not a stunt.
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