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Volume growth is a lag on UPS, says CFRA's Stewart Glickman
  + stars: | 2024-03-26 | 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 EmailVolume growth is a lag on UPS, says CFRA's Stewart GlickmanStewart Glickman, CFRA Deputy Research Director, joins 'Closing Bell: Overtime' to discuss UPS as the company's stock has its worse day since January.
Persons: CFRA's Stewart Glickman Stewart Glickman Organizations: UPS
As Nolan writes in “The Hammer,” his lively account of the current landscape of American labor organizing, “It was reminiscent of Dr. Evil in ‘Austin Powers’ demanding as his ransom request for the entire world, ‘One million dollars!’”Nolan’s book joins the ranks of Steven Greenhouse’s “Beaten Down, Worked Up” and Jane McAlevey’s “A Collective Bargain” in making a rousing case for a robust labor movement. “The Hammer” aims to show that unions are the best way to combat economic inequality, give disenfranchised people genuine political power and counter the allure of the far right among the working class. What would such an announcement look like? “Perhaps every worker will emerge from the office and fire guns in the air,” Nolan muses, “until the smoke wafts over A.F.L.-C.I.O.
Persons: Hamilton Nolan, Liz Shuler, Nolan, , Dr, ‘ Austin Powers, Steven Greenhouse’s “, Jane McAlevey’s “, Rich Yeselson, ” Nolan, Organizations: Labor, Gawker Locations: United States, Philadelphia, , A.F.L
Synopsys to Acquire Ansys in $35 Billion Deal
  + stars: | 2024-01-16 | by ( Asa Fitch | Ben Glickman | ) www.wsj.com   time to read: 1 min
​The acquisition allows Synopsys to expand the industries it targets. Photo: David Paul Morris/Bloomberg NewsSynopsys agreed to acquire Ansys for $35 billion of cash and stock in a deal that would expand the company’s reach in simulation software for designers of microchips, cars and airplanes. Synopsys is one of two big players, along with Cadence, in the software that chip designers use to lay out circuitry and test it prior to manufacturing. As chip-making advances and designers start to stack silicon wafers on top of each other, physics simulations like those Ansys provides have become increasingly important.
Persons: David Paul Morris, Synopsys Organizations: Bloomberg, Cadence
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Persons: Dow Jones Organizations: morgan
Uber, Jabil, Builders FirstSource to Join S&P 500
  + stars: | 2023-12-02 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
The European Commission warned that Amazon’s proposed deal for Roomba-maker iRobot may restrict competition. Photo: handout/ReutersThe European Commission said Monday that Amazon ’s proposed deal to buy Roomba-maker iRobot may limit competition in the robot vacuum cleaner market. European regulators said that they had informed Amazon of the commission’s preliminary view following an investigation of the proposed acquisition.
Persons: Amazon’s Organizations: European Commission, Amazon
Biden sought to kickstart SAF production with a $1.25 per gallon production tax credit in the IRA. To be eligible for the credit, SAF producers must demonstrate their fuel is 50% lower in emissions than conventional jet fuel. The DOE spokesperson confirmed that ethanol producers must cut emissions of they want a long-term role in SAF production. Still, ethanol producers need carbon pipelines because many ethanol plants are not near geologically appropriate underground storage sites. Other options for reducing ethanol's carbon intensity include using renewable energy at ethanol plants, or climate-friendly farming practices for corn.
Persons: Tom Mihalek, Valero, Joe Biden's, Homer Bhullar, Biden, MARK, Barry Glickman, Nikita Pavlenko, Pavlenko, Leah Douglas, Laura Sanicola, David Gregorio Our Organizations: Eco Energy, REUTERS, Rights, SAF, U.S, Carbon Solutions, Valero Energy, U.S . Department of Energy, DOE, Honeywell, Biofuels, Growth Energy, Navigator, CCS, International Council, Clean Transportation, Thomson Locations: Philadelphia , Pennsylvania, U.S, Omaha, Iowa, Denver, Maine, North Dakota, South Dakota, Wolf's, Illinois
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/investing/kinder-morgan-to-purchase-nextera-energy-partners-texas-pipeline-for-1-8-billion-01adde80
Persons: Dow Jones Locations: texas
BlackBerry Taps Richard Lynch as Interim CEO
  + stars: | 2023-10-31 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, 5cf10042
Mattel’s ‘Barbie’ Movie Boosts Toy Sales
  + stars: | 2023-10-25 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
Greta Gerwig’s “Barbie” topped more than $1 billion in global ticket sales, according to research firm Comscore. Photo: Warner Bros. Pictures/Associated PressMattel ’s bet on “Barbie” is paying off, with the summer big-screen hit lifting the toy maker out of its quarterly sales slump. Mattel’s runaway box-office hit boosted sales of dolls, accessories and Dreamhouses, fueling a 9% increase in third-quarter sales that topped Wall Street’s estimates.
Persons: Greta Gerwig’s “ Barbie ”, Associated Press Mattel, “ Barbie ” Organizations: Warner Bros ., Associated Press
Costco Picks Longtime Insider to Succeed Longtime CEO
  + stars: | 2023-10-18 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
The wholesale retailer said current CEO Craig Jelinek, who has served in the role since 2012, would step down. Photo: Bing Guan/Bloomberg NewsCostco Wholesale said longtime Chief Executive Craig Jelinek will step down after the holidays and hand over the role to his top deputy, who has also spent decades working at the warehouse retailing giant. Ron Vachris, 58, the company’s president and chief operating officer, will take over in January, becoming just the second person to hold the Costco CEO job since the company’s co-founders.
Persons: Craig Jelinek, Bing Guan, Ron Vachris Organizations: Bloomberg, Costco Wholesale, Costco
J.B. Hunt Earnings Tumble on Falling Freight Rates
  + stars: | 2023-10-18 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
Israel's southern coastal city of Ashkelon, which has a small port well in range of Hamas rockets, is not allowing ships to enter, shipping sources said. While the main Israeli ports of Ashdod further up the coast and Haifa in the north, remain open, shipping and maritime security companies are reviewing their operations for Israel, industry sources said. "Israeli ports are deemed to be at heightened risk," said Noah Trowbridge, with British maritime risk advisory and security company Dryad Global. "Since Gaza has a coastline, direct threats to shipping inside Israeli waters cannot be ruled out," BRS said. This compared with a premium of 0.0125% earlier this year, insurance sources said.
Persons: Jonathan Saul, Ari Rabinovitch JERUSALEM, Noah Trowbridge, Hapag Lloyd, Shipbroker BRS, BRS, Moller Maersk, Eli Glickman, INTERTANKO, ” INTERTANKO, Ari Rabinovitch, Sharon Singleton Organizations: Hamas, Dryad, Reuters, Ships, Zim, Ministry of Defense, Facebook Locations: Gaza, Ashkelon, Ashdod, Haifa, Israel, London, East Gulf, Gulf of Oman
Clorox Warns of a Sales Mess After Cyberattack
  + stars: | 2023-10-05 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
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Persons: Dow Jones
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Persons: Dow Jones
It's time to move to the sidelines on Boeing as short-term headwinds pile up, according to CFRA. The firm downgraded the aircraft maker to hold from buy on Thursday and lowered its 12-month price target to $210 from $253. Analyst Stewart Glickman said the cuts are warranted "by a litany of quality control issues across the aerospace industry. The downgrade comes a month after Boeing said a new manufacturing flaw on its 737 Max jet will delay deliveries of the strong-selling aircraft. BA YTD mountain Boeing ytd chart Glickman also cut his 2024 earnings forecast to $5.39 per share from $6.02 per share.
Persons: Stewart Glickman, Glickman, — Michael Bloom Organizations: Boeing
FedEx Earnings Rise Despite Weakened Demand
  + stars: | 2023-09-20 | by ( Esther Fung | Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: fedex
Ben GlickmanBen Glickman is a reporting intern and part of the summer 2023 newsroom intern class at The Wall Street Journal. Ben is a recent graduate of Brown University, where he studied political science and data science. He previously interned at the Financial Times and served as editor in chief of his college newspaper, the Brown Daily Herald. He also has written for various local newspapers, including on Cape Cod and in Pelham, N.Y.
Persons: Ben Glickman Ben Glickman, Ben Organizations: Wall Street, Brown University, Financial Times, Brown Daily Herald Locations: Cape Cod, Pelham, N.Y
Alexander SaeedyAlexander Saeedy covers credit markets, financial distress and sovereign debt for WSJ Pro Bankruptcy and The Wall Street Journal. He specializes in investigating and reporting on the finances of companies and countries who are struggling to pay their bills or facing unprecedented financial pressure. His stories have led him to investigate far-flung corners of financial markets, where he has written about collapsed cryptocurrency companies, emerging-market economies pummeled by global inflation, and multibillion-dollar deals gone wrong on Wall Street. Alex graduated with cum laude honors from Yale University in 2015 with a bachelor’s degree and master’s degree in history, with a concentration in modern economic history. He relocated to New York in 2018, and before joining the Journal, he covered distressed debt, leveraged finance and real estate in New York for Reorg Research and S&P's LCD.
Persons: Alexander Saeedy Alexander Saeedy, Alex Organizations: Pro, Street, Yale University, Overseas Press Club, Reuters News, Atlantic, Foreign Affairs, Reorg Research Locations: Brussels, New York
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Persons: Dow Jones Organizations: crestwood
Wendy McMahon Takes on Larger Role at CBS News, Stations
  + stars: | 2023-08-14 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, wendy, mcmahon Organizations: cbs
Teens Are Taking Over Gyms. The Adults Aren’t Pumped.
  + stars: | 2023-08-13 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
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Persons: Dow Jones, nikola
AMC Entertainment’s Stock Plan Approved by Judge
  + stars: | 2023-08-11 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, 2dbfb213
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