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Shares of Logitech are up 2% on the year and could rally another 17%, if Scemama's target price holds true. Analyst Kristine Liwag accompanied the move by raising her price target to $225 from $178. The bank reiterated its overweight rating on the credit card stock but lifted its price target to $275 from $265. International revs should run above the 10%+," the analyst added. Goldman analyst Tina Hou set a 12-month price target of $34, while Bank of America analyst Ming Hsun Lee set a price objective of $35.

Persons: Bernstein, Goldman Sachs, Goldman, TZE, Brian Lee, Lee, — Spencer Kimball, Didier Scemama, Scemama, — Lisa Kailai Han, Morgan Stanley, Kristine Liwag, Heico's, Liwag, Stanley Black, Decker, Julian Mitchell, Mitchell, Wells, Wells Fargo, Donald Fandetti, Fandetti, Canaccord, Kingsley Crane, Crane, Oppenheimer, Jed, Kelly foresees, FanDuel —, Kelly, Zeekr, Tina Hou, Ming Hsun Lee, Hou, Stacy Rasgon, Rasgon, Fred Imbert Organizations: CNBC, Broadcom, Bank of America, Investors, Technologies, Department of Energy, Logitech, Boeing, Barclays, Stanley, Nvidia, American, Express, American Express, U.S . American Express, Wall, Zeekr, China EV, China, Geely Automobile, AMD Locations: Monday's, EU, U.S, China, BofA

☆ Celebrities are paid a shocking amount for 30-second Super Bowl ads
▼ + stars: | 2024-02-09 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +8 min

Los Angeles CNN —After Ben Affleck appeared as a Dunkin’ drive-thru worker in a Super Bowl commercial last year, the breakfast chain’s sales exploded. “They sold more donuts the next day than any other day in their history,” an individual close to the Dunkin’ Super Bowl campaign told CNN. Affleck was paid close to $10 million dollars for last year’s Dunkin’ Super Bowl commercial, three sources with knowledge of the partnership told CNN. It’s rare for someone that you think of as a true movie star to be paid less than a million.”Most Super Bowl shoots are usually one to two days, the agent added. Even though we’ve got over 30 celebrities in the Super Bowl this year, we had over 70 offers.

Persons: Ben Affleck, Dunkin, “, Affleck, ” Scott Murphy, Dunkin ’, Affleck’s Dunkin, Matt Damon, Larry David, Sam Bankman, David, Michael Lewis, Jennifer Aniston, ”, David Schwimmer, Uber, Chris Pratt, Pringles, Jason Momoa, Martin Scorsese, Tim Curtis, Peter DeLuca, Zach Braff, Donald Faison, John Travolta, Jennifer Beals, Tina Fey, John Cena, Usher, it’s, we’ve, Curtis, ” Curtis, “ You’ve, —, Aniston, Schwimmer, Jelly Roll, David Beckham Organizations: Los Angeles CNN, Bowl, “, CNN, Boston, Equity, Eastern Congo Initiative, Artists Equity, Super, Hollywood, WME, Mobile, Super Bowl, BMW, CBS Locations: Hollywood, Victoria

NEW YORK (AP) — It's a little late for John Leventhal to be considered a hot young thing in music. The thought of doing a solo record sort of creeped into my consciousness and, when the pandemic hit, I really couldn't avoid it. AP: How do you think a first John Leventhal album would have sounded if you made it 50 years ago? I don't think I would have made a good record 40 years ago because it wouldn't have been tempered by what I've learned. It felt more like creating a product, like it was someone in the record industry's “good idea.” And it is a good idea.

Persons: —, John Leventhal, He's, Shawn Colvin, Jim Lauderdale, Leventhal, Marc Cohn, Sarah Jarosz, Joan Osborne, William Bell, Rosanne Cash, Jackson Browne, Willie Nelson, Ry Cooder, Elvis Costello, Donald Fagen, Cash, Cohn, Matt Berninger, LEVENTHAL, I've, We're, Doc Watson, Howlin, Wolf, Igor Stravinsky, Duke Ellington, Miles Davis, George Jones, I'm, It's Organizations: Boys of, Associated Press, Beatles Locations: New York, Boys of Alabama

NEW YORK (AP) — Steely Dan, R.E.M., Timbaland, Hillary Lindsey and Dean Pitchford will be inducted into the Songwriters Hall of Fame, an incoming class of musicians who have scaled the heights of country, classic rock, pop, hip-hop and alt-rock. Steely Dan — co-founded by Donald Fagan and the late Walter Becker — finally get into the hall despite being a staple of classic rock with songs like “Reelin’ in the Years,” “Do It Again” and “Hey Nineteen.” They went into the Rock & Roll Hall of Fame in 2001. Last year's inductees included Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glen Ballard and Teddy Riley. The Songwriters Hall of Fame was established in 1969 to honor those creating the popular music. A songwriter with a notable catalog of songs qualifies for induction 20 years after the first commercial release of a song.

Persons: Steely Dan, R.E.M, Timbaland, Hillary Lindsey, Dean Pitchford, Dan —, Donald Fagan, Walter Becker —, ”, —, Bill Berry, Peter Buck, Mike Mills, Michael Stipe —, “, hitmaker Lindsey, Carrie Underwood, Kenny Loggins, Justin Timberlake’s “, Missy Elliot’s, Bryan Adams, George Clinton, Tracy Chapman, Blondie, Doobie, David Gates, Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glen Ballard, Teddy Riley, Carole King, Paul Simon, Billy Joel, Elton John, Bernie Taupin, Brian Wilson, James Taylor, Bruce Springsteen, Tom Petty, ___ ___ Mark Kennedy Organizations: Songwriters Hall of Fame, Roll Hall of Fame, Little Big Town, Hall of Fame Locations: ”, New York City

NEW YORK (AP) — Everything from rap to yacht rock, country and alt-rock are represented among the nominees for the 2024 Songwriters Hall of Fame, with nods for Public Enemy, Steely Dan, Bryan Adams, George Clinton, Tracy Chapman, R.E.M., Blondie, Heart and The Doobie Brothers. Adams, R.E.M., Blondie, The Doobie Brothers and Heart were also nominated last year but didn't make the final cut. Last year's inductees included Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glen Ballard and Teddy Riley. The Songwriters Hall of Fame was established in 1969 to honor those creating the popular music. A songwriter with a notable catalog of songs qualifies for induction 20 years after the first commercial release of a song.

Persons: Steely Dan, Bryan Adams, George Clinton, Tracy Chapman, R.E.M, Doobie, Kenny Loggins, Nashville hitmaker Hillary Lindsey, Timbaland, Justin Timberlake's “, ”, Missy Elliot's, Michael Stipe, Ann, Nancy Wilson, Heart, Adams, Clinton, Debbie Harry, Chris Stein, Clem Burke, Blondie, Chapman, Luke Combs, didn't, Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glen Ballard, Teddy Riley, Randy Bachman, Burton Cummings, Tom Johnston, Patrick Simmons, Michael McDonald —, David Gates, Chuck D, Flav, Steely Dan —, Donald Fagan, Walter Becker —, Maurice Starr, Tony Macaulay, Dean Dillon, Russell Brown, Narada Michael Walden, Roger Nichols, Dennis Lambert, Brian Potter, Loggins, Dean Pitchford, Elvis Presley, Gladys Knight, Tom Jones, Carole King, Paul Simon, Billy Joel, Jon Bon Jovi, Richie Sambora, Elton John, Bernie Taupin, Brian Wilson, James Taylor, Bruce Springsteen, Tom Petty, Lionel Richie, Bill Withers, Neil Diamond, Phil Collins, ___ ___ Mark Kennedy Organizations: Hall of Fame, Nashville, Little Big Town, Associated Press, Country Music Association, Roll Hall of Fame Locations: R.E.M

☆ Maryanne Trump Barry, sister of Donald Trump, dead at 86
▼ + stars: | 2023-11-13 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Tycoon Donald Trump with sister Maryanne Trump Barry, at a press conference after visiting the house in Tong, on the Isle of Lewis, where his mother was brought up before she emigrated to the United States. Maryanne Trump Barry, a federal appellate judge and the older sister of former President Donald Trump, has died at age 86. In 2020, Maryanne's niece, Mary Trump, revealed she had secretly recorded audio of Barry criticizing her brother Donald for his "lying" and "cruelty" as president. Donald Trump, who is running for the 2024 Republican presidential nomination, and middle sister Elizabeth Trump Grau are Maryanne's only surviving siblings. Robert Trump, Donald's younger brother, died in 2020 at age 71.

Persons: Donald Trump, Maryanne Trump Barry, Barry, Bill Clinton, Maryanne's, Mary Trump, Donald, Roy Cohn, Reagan, Mary, Elizabeth Trump Grau, Fred Trump Jr, Robert Trump Organizations: New York Police Department, CNBC, U.S ., Appeals, Third Circuit, New York Times, The Washington Post Locations: Tong, Lewis, United States, Manhattan, Philadelphia

GUIDONIA MONTECELIO, Italy (AP) — European captain Luke Donald was delivering his Ryder Cup victory speech in front of a giddy crowd at Marco Simone when his celebrating players standing beside him started a chant that quickly swept through the grandstands. Ineligible for this year’s Ryder Cup, it might be too early for them to be considered for 2025 whatever transpires regarding this “framework agreement” between the Saudi backers of LIV and PGA and European tours. He is already a multiple winner on the European tour. And how about the team having another set of brothers in Matt and Alex Fitzpatrick? “Seve, Ollie, the legends of the Ryder Cup that have come before us,” McIlroy said.

Persons: GUIDONIA MONTECELIO, Luke Donald, Ryder, Marco Simone, ”, Rory McIlroy, Donald, McIlroy, “, Bernard Gallagher, Tony Jacklin, John Jacobs, Gallagher, Henrik Stenson, —, LIV Golf, Lee Westwood, Sergio Garcia, Ian Poulter, Europe’s, LIV, Justin Rose, Molinari, Jon Rahm —, Ludvig Aberg, Robert MacIntyre, Nicolai Hojgaard, ” Rahm, Aberg, Adrien Dumont de Chassart, Rasmus Hojgaard, Nicolai, Rasmus, Alex Fitzpatrick, Matt, Alex, Rahm, Viktor Hovland —, Tommy Fleetwood, Tyrrell Hatton, Shane Lowry, Rose, Seve Ballesteros, Jose Maria Olazabal, “ Seve, Ollie, ” McIlroy Organizations: —, Ryder, Europe’s Ryder, Saudi, PGA Tour University, PGA, U.S, European Masters, Handa Locations: Italy, Rome, Bethpage, New York, Europe, Illinois

NEW YORK (AP) — A dozen years ago, Barkley L. Hendricks, the pioneering portrait artist known for vivid, stylish paintings of Black men and women, stood outside the Frick Collection in Manhattan, known for its works by European Old Masters. Still, curators say, he'd likely have never imagined that in 2023, he’d be the first artist of color to have a solo show at the 88-year-old Frick. What is more unusual is that a museum focusing on the 14th through 19th centuries would devote a show to a contemporary portraitist like Hendricks. His sunglasses reflect the buildings outside Hendricks' studio, and even contain a tiny reflection of the artist himself. “Slick” features the artist in a white suit against a white background, wearing a cap of African design.

Persons: Barkley, Hendricks, Rembrandt, “, he’d, Frick, ”, Antwaun Sargent, ” It’s, Van Dyck, Van Eyck, Aimee Ng, ” Ng, Frick Madison, Angela Davis —, Kathy Williams, Nina Simone, Kehinde Wiley, Barack Obama, Barkley Hendricks, “ Woody, Alvin Ailey, Woodruff Wilson, Steve ”, Sargent, ” Hendricks, ” Sargent, Susan, Donald Formey, Ng, Formey, ‘, “ Slick ” Organizations: Frick, European Old, Polaroid, Beaux, Pennsylvania Academy, Fine Arts, Connecticut College, ” Locations: Manhattan, Van, Velásquez, New York, New York City, Jan, Philadelphia, ”, Europe

The filing was the latest legal volley in the case, which Mr. Trump sought to quash even before his indictment in mid-August. It came as little surprise to legal analysts watching the case, who had expected Mr. Trump’s lawyers to mount an aggressive defense long before the start of a trial. Mr. Smith, a lawyer based in Atlanta who helped Mr. Trump’s team challenge his loss in Georgia after the election, faces a dozen charges in the case. And, prosecutors charge, he took part in the efforts to get fake Trump electors to cast votes and sign documents that falsely claimed that he had won the election. Mr. Smith has pleaded not guilty.

Persons: Mr, Donald F, Samuel, Fani, Willis, Sadow, Trump, Sidney Powell, Kenneth Chesebro, Smith, Trump’s Organizations: Trump Locations: United States, Atlanta, Fulton County, Georgia

☆ Fans of a thrice-indicted Trump are once again floating violent rhetoric about hanging Mike Pence: 'I want to watch his toes dangle in the breeze'
▼ + stars: | 2023-08-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Die-hard Trump supporters are threatening to kill former Vice President Mike Pence — again. The calls for violence were made on "The Donald," a popular internet forum for Trump supporters. But when Trump was indicted this week, those violent calls to kill Pence rang out again — this time on "The Donald," a popular extremist pro-Trump internet forum. According to the final report on the Capitol riot by the House January 6 committee, The Donald forum users "openly discussed surrounding and occupying the U.S. Pence, for his part, has had a strained relationship with Trump ever since he defied Trump, and certified the 2020 vote.

Persons: Mike Pence —, Donald, It's, Donald Trump, Mike Pence, Trump, Pence, he's Organizations: Trump, Service, Donald, U.S . Capitol, Washington , D.C, Capitol, Washington Post Locations: Wall, Silicon, United States, Washington ,

☆ Amex building moat around high-end consumers, says Wells Fargo's Donald Fandetti
▼ + stars: | 2023-05-31 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmex building moat around high-end consumers, says Wells Fargo's Donald FandettiDonald Fandetti, Wells Fargo Securities, joins 'Power Lunch' to discuss his rating of Amex being a top pick.

Persons: Wells Fargo's Donald Fandetti Donald Fandetti Organizations: Wells Fargo Securities Locations: Wells Fargo

American Express is one of Wells Fargo's top picks for a tougher recession scenario. The firm said the payment card company has an excellent risk-reward valuation — even in the case of revenue growth being cut in half. "Their ability to flex peak investment expense is a powerful lever," Wells Fargo said in a Wednesday client note. "We view AXP shares as quite defensive, and it's our Top Pick. We believe their earnings would hold up better than many expect should we head into a tougher economic environment than the mild recession we assume.

Persons: Wells Fargo's, Wells Fargo, Donald Fandetti, Fandetti, — CNBC's Michael Bloom Locations: Wells

☆ From Biden cabinet, Walsh hits the ice as head of NHLPA
▼ + stars: | 2023-03-30 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

"I personally support the LGBTQ community and always will," Walsh said. "I don't think that the LGBTQ community should feel that NHL hockey players are turning their back on that community the majority of players wore the jersey." The NHL's ambition of expanding its global footprint and the massive success of the recent World Baseball Classic have increased talk of a World Cup of Hockey in 2025. "I think it is a little bit to early to talk about who is involved in the tournament and who is not," said Walsh. "We should get the tournament on paper and start the conversation going forward what it will look like."

☆ Buy the dip in American Express shares, Wells Fargo says
▼ + stars: | 2023-03-14 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

American Express is showing "strength in uncertain times," according to Wells Fargo, which is confident in the stock following an investor meeting with Chairman and CEO Stephen Squeri and Chief Financial Officer Jeff Campbell. Fandetti maintained his overweight rating on American Express, and reiterated his price target of $200 per share, implying 27% upside from Monday's close. He added that despite the "turmoil" in U.S. banking following the failure of SVB and Signature Bank that spurred a broad selloff in financial stocks, American Express was confident in its business outlook. Wells Fargo believes that American Express' advantage around small and premium business customers is strengthening, making it more difficult for its competitors to catch up. American Express shares were up 1.8% on Tuesday before the market open.

☆ Wells Fargo, Morgan Stanley downgrade auto lender Ally Financial after disappointing quarterly results
▼ + stars: | 2022-10-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Ally Financial 's weak third-quarter results were enough for analysts at two major Wall Street shops to downgrade the auto lender. "We believe ALLY shares will trade at a discount to tangible book value, as used car prices decline and [net interest margin] moderates around Fed rate hikes," Fandetti said. Ally's stock also got hit with a downgrade to equal weight and an earnings per share forecast cut from Morgan Stanley. "These include rate hikes ending, bottoming of used car prices, and credit quality stabilizing." Ally shares have tumbled more than 44% this year.

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