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☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Analysis: Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline
▼ + stars: | 2023-10-12 | by ( Nia Williams | ) www.reuters.com time to read: +5 min

Prime Minister Justin Trudeau's Liberal government bought Trans Mountain in 2018 for C$4.5 billion to rescue the expansion project, which has struggled with years of regulatory delay and massive cost overruns. A Reuters survey of five analysts and investors valued Trans Mountain between C$15 billion and C$25 billion, based on factors including projected earnings and oil shipping tolls. Trans Mountain Corp (TMC) CEO Dawn Farrell told local media last week the sale could wrap up by early 2025, just as Canada heads into a federal election. Trans Mountain offers strategic value as it is the only pipeline taking crude from Canada's oil patch to the Pacific, and on to Asian refining markets. "It's hard to imagine...that a pipeline like Trans Mountain would ever be built again," Poscente said.

Persons: Justin Trudeau's, Ryan Bushell, Dawn Farrell, Michael Dunn, Paul Poscente, Poscente, Pembina, Scott Burrows, Enbridge, Marc Weil, Dave Szybunka, Szybunka, Rod Nickel, Steve Scherer, Denny Thomas, Marguerita Choy Organizations: Ottawa, Justin Trudeau's Liberal, Reuters, Newhaven Asset Management, Trans Mountain Corp, Mountain, Cenovus Energy, Nations, Axxcelus, Chinook, Pembina Pipeline Corp, Indigenous Pipeline, TC Energy, Keystone, TC, Canoe Financial, Thomson Locations: Canada, Alberta, Trans, Newhaven, Pembina, U.S, Gulf, Calgary, Winnipeg, Ottawa

HONG KONG, June 5 (Reuters Breakingviews) - Shein is threading the world’s trickiest geopolitical needle. But rising American pressure is forcing it to tweak its business model right as it tries to list there. Last year, its top line surged 46% to $23 billion, per the Wall Street Journal, surpassing $22 billion at H&M and outpacing the 18% growth at Inditex. A Boston Consulting Group report notes that this model allows Shein to keep inventory turnover at just 40 days. That will be expensive; the company's net profit margin was a razor-thin 3.5% last year, according to the Wall Street Journal, far below bricks and mortar rival Inditex's 13%.

Persons: Shein, Bernstein, Chris Xu, Xu, Mubadala, Pete Sweeney, Katrina Hamlin Organizations: Reuters, U.S ., Rivals, Street, Financial Times, Boston Consulting, Morningstar, Securities and Exchange Commission, Wall Street, ’, Singapore, Sequoia Capital, General Atlantic, Thomson Locations: HONG KONG, Zara, China, Inditex, Guangdong, U.S, Xinjiang, Nanjing, Singapore, Mexico, Brazil, India

☆ SpaceX Axiom 2 mission returns from space station
▼ + stars: | 2023-05-30 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

This mission, dubbed Axiom Mission 2, or AX-2, launched from Florida on May 21. The SpaceX Crew Dragon capsule carrying Axiom Mission 2's four-person crew splashed down off the coast of Panama City, Florida, at 11:04 p.m. A company called Space Adventures brokered several such missions to the space station in the early 2000s, booking rides for wealthy thrill seekers on Russia’s Soyuz spacecraft. The SpaceX capsule transported the AX-2 crew back to Earth after a weeklong mission at the International Space Station. Axiom is one of several US companies gunning to create a new, privately owned space station.

Persons: Rayyanah Barnawi, Peggy Whitson, Whitson, I’m, ” Whitson, John Shoffner, Ali AlQarni, “, ” Barnawi, Barnawi, AlQarni, “ That’s, I’ve, ”, Prince Sultan bin Salman, Biden, axiomspace, Derek Hassmann, it’s, gunning Organizations: CNN, SpaceX, NASA, International, Houston, Crew, Dura, Line Corp, Royal Saudi Air Force, United Arab Emirates Space Agency, Russian Soyuz, Saudi, Space, Soyuz, Government Locations: Panama City , Florida, Gulf of Mexico, Florida, Saudi Arabia, American, Russian, United States

☆ SpaceX mission lifts off with former NASA astronaut, three paying customers
▼ + stars: | 2023-05-21 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

The AX-2 crew is being led by former NASA astronaut Peggy Whitson, 63, now an Axiom employee. After the Crew Dragon capsule docks early Monday, the AX-2 crew will join seven astronauts already aboard the space station. The first was Prince Sultan bin Salman, who spent about a week on a NASA space shuttle mission in 1985. Axiom is one of several US companies gunning to create a new, privately owned space station. The AX-2 crew will work alongside the professional astronauts on the space station, though they will operate under different schedules.

☆ How to watch SpaceX Axiom 2 launch
▼ + stars: | 2023-05-21 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Explore the universe with news on fascinating discoveries, scientific advancements and more.CNN —SpaceX is set to launch four passengers — including three paying customers — toward a weeklong stay aboard the International Space Station. The Axiom Ax-2 Prime crew members, from left to right: John Shoffner, Rayyanah Barnawi, Peggy Whitson, and Ali Alqarni, will launch aboard a SpaceX Falcon 9 rocket and Dragon spacecraft to the International Space Station. Axiom brought that business model to the United States, partnering with SpaceX to establish a framework for getting an array of customers to the space station. Axiom is one of several US companies gunning to create a new, privately owned space station. The AX-2 crew will work alongside the professional astronauts on the space station, though they will operate under different schedules.

☆ Alberta wildfire shuts in at least 2% of Canadian energy production
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +4 min

It added that about 50,000 boepd of production has been temporarily curtailed since the evening of May 5. Crescent Point Energy Corp (CPG.TO)Crescent Point said about 45,000 boepd of production in the Kaybob Duvernay region has been temporarily shut in with a plan to restart production once safe and permitted to do so. NuVista Energy Ltd (NVA.TO)The company said it has temporarily shut in and depressured all operations proximal to the ongoing fires in the Grande Prairie region. Vermilion Energy Inc (VET.TO)Vermilion Energy said it had temporarily shut in about 30,000 boepd of production and that it was assessing the risk to its operations. Cenovus Energy Inc (CVE.TO)Cenovus said it has shut-in production and brought plants down in some areas of its conventional business.

☆ Thousands of Albertans evacuated in "unprecedented" wildfire situation
▼ + stars: | 2023-05-06 | by ( Maiya Keidan | ) www.reuters.com time to read: +3 min

ET), 24,511 Albertans were evacuated from homes with 103 active wildfires across the province, burning 121,909 hectares. "I don't know that I ever recall seeing multiple communities evacuated all at once in fire season," said Smith. So far this year, there have been 43,000 hectares burned from wildfires, Smith said. "It is very unusual for us to see this much fire activity this early in the season," said Christie Tucker, an information unit manager for Alberta Wildfire. "This is a much much busier than average wildfire season so far."

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ Canada's B.C. province sets high emissions bar for new LNG projects
▼ + stars: | 2023-03-17 | by ( Nia Williams | ) www.reuters.com time to read: +4 min

[1/2] The entrance to Shell's LNG Canada project site is shown in Kitimat in northwestern British Columbia on April 12, 2014. While the tougher regulation will not impact the huge Shell-led (SHEL.L) LNG Canada project already under construction, a proposed export terminal adjoining the small-scale Tilbury LNG facility and the early-stage Ksi Lisims LNG project in northern B.C will fall under the new rule. The province will start exporting 14 million tonnes per annum (MTPA) when LNG Canada enters service in 2025. "That (net-zero requirement) is a very high bar and a high hurdle to pass," said Mark Zacharias, executive director of think-tank Clean Energy Canada, adding the new framework rounds out B.C. 's new regulations also include an oil and gas emissions cap and plans to accelerate the electrification of the economy.

☆ NHL roundup: Kraken hand Bruins first home regulation loss
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +8 min

[1/5] Jan 12, 2023; Boston, Massachusetts, USA; Seattle Kraken goalie Martin Jones (30) reacts during the third period against the Boston Bruins at TD Garden. Jones logged 10 of his stops in the second period in his third shutout this season and 28th overall. Tyler Seguin scored his 10th goal of the season for the Stars and Oettinger made 29 saves. Kyle Connor scored the game-winning goal in the third period, while Dylan Samberg, Josh Morrissey and Karson Kuhlman also scored for the Jets. Victor Olofsson had a goal and an assist and Tyson Jost scored for Buffalo, which has lost three in a row.

☆ Crypto exchange Bitfront shuts down
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +1 min

Nov 28 (Reuters) - Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry. Bitfront said the move is unrelated to recent issues among certain crypto exchanges that have been accused of "misconduct". FTX, which was among the world's largest cryptocurrency exchanges, is now the subject of investigations by authorities for "criminal misconduct". Bitfront said it has suspended new sign-ups and credit card payments as of Nov. 28, and will suspend withdrawals on March 31, 2023. The company clarified that interest for deposits made between Dec. 5 and Dec. 11 will be paid out on Dec. 13, 2022.

☆ Pipeline boss says he's turned down $13 million in work because he can't find workers, even after boosting wages 22% and offering $5,000 retention bonuses
▼ + stars: | 2022-09-27 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

A pipeline company's president told WSJ it's lost $13 million in work because of staff shortages. Boudreau Pipeline Corp. is made up of about 350 people, and the company installs underground sewer, water, and storm drain utilities. In the last two years, the company's wages have increased by 22%, Boudreau told WSJ. In a July 2022 report on small business employment from the National Federation of Independent Business, 49% of small business owners surveyed said they had job openings they couldn't fill. Are you a small business owner with a story to share?

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