Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Lucas Jackson"


25 mentions found


One approach is to look for stocks that appear undervalued and are poised to deliver significant gains. Although he trimmed the price target from $85 to $80 to reflect "lower market valuations for [software as a service] stocks," this target still implies 31% upside potential. This prompted the analyst to reiterate a Buy rating and $190 price target, which brings the upside potential to 15%. This would reflect a 47% premium to the one-month volume-weighted average price and suggest a total consideration of $3.8 billion. Bearing this in mind, the five-star analyst maintained a Buy rating and $340 price target.
Persons: ADSK STX Johnson, Johnson, Lucas Jackson, nCino, Mayank, Tandon, Christopher Rolland's, Hock Tan, Rolland, telco, Hock, Chia, Johnson Johnson, Wells, Larry Biegelsen, doesn't, Biegelsen, JNJ, Matthew Hedberg, Hedberg Organizations: Reuters, Federal Reserve, Management, Broadcom, Susquehanna, Trident, Silicon Photonics, Supreme, Autodesk, RBC Capital, RBC, Seagate Locations: New York, Needham, FinTech, China, Ingham, Wells Fargo, TipRanks
New York lawmakers pass bill allowing gender-neutral 'X' option in govt documents
  + stars: | 2021-06-11 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
Demonstrators take a moment while listening to speakers voice their support for gay pride and black lives matter movements in New York City, New York, U.S., June 25, 2020. The new marker would help transgender, nonbinary and intersex individuals' identity be recognized in government documents, according to a Thursday statement from Assembly Speaker Carl Heastie and Assemblymember Daniel O'Donnell. "The provisions in this bill will make life safer, reduce the stigma and affirm the identities for so many of our friends and neighbors," O'Donnell said in the statement. The New York bill will also remove the requirement of consent from any party other than the individual while petitioning for a change of name, the statement said. read moreOur Standards: The Thomson Reuters Trust Principles.
Persons: Lucas Jackson, Carl Heastie, Assemblymember Daniel O'Donnell, O'Donnell, Joe Biden Organizations: REUTERS, Pride, New, Month, Thomson Locations: New York City , New York, U.S, York, United States, New York
Biden’s Big Corn battle
  + stars: | 2021-06-11 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
The sun lights a corn field waiting to be harvested near Akron, Iowa, U.S., October 28, 2017. REUTERS/Lucas JacksonA battle between Big Corn and Big Oil is brewing, and U.S. President Joe Biden is in the middle. The Renewable Fuel Standard mandating the oil blend has been a boon for the corn industry. Some 40% of U.S. corn is now used for ethanol production, according to the U.S. Department of Agriculture. But the powerful role Iowa plays in presidential politics, and Biden’s aversion to fossil fuels, suggest the battle has only just begun.
Persons: Lucas Jackson, Joe Biden, John Carney, Biden, Lauren Silva Laughlin Organizations: REUTERS, Reuters, U.S . Department of Agriculture, Delaware’s, Delaware Public Media Locations: Akron , Iowa, U.S, Big, Delaware, Iowa, Paris
BlackRock outlines investment push into private markets
  + stars: | 2021-06-10 | by ( Kate Duguid | ) www.reuters.com + 0.99   time to read: +2 min
Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas JacksonBlackRock Inc (BLK.N), the world's largest asset manager, is pushing more aggressively into private market investments, the firm detailed at an investorpresentation on Thursday. BlackRock, in its investor day presentation on Thursday, said alternative investments - including private equity, real estate, hedge funds and venture capital - can offer a market-beating edge. Private market investments recorded 18% revenue growth for the company last year, twice the rate of the broader industry. A spokesperson for BlackRock said this has picked up momentum since the firm in May received a license in China for a majority-owned wealth management venture, the country's fast-growing asset management market.
Persons: Larry Fink, Lucas Jackson, Joe Biden's, Fink Organizations: Yahoo Finance, REUTERS, Lucas Jackson BlackRock Inc, BlackRock, CNBC, Thomson Locations: New York, U.S, BlackRock, China
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. "The Model S has not been changing a lot in terms of looks over the past almost decade. Musk canceled another variant, Model S Plaid+, which would have had a 33% higher driving range than the Model S Plaid and used advanced battery technology, known as 4680 cells. "The Model S Plaid is definitely intended to help reduce the migration of current Tesla owners out of Tesla," said Ed Kim, vice president at consultancy AutoPacific. Musk has called the Model S Plaid "the fastest accelerating car ever."
Persons: Lucas Jackson, Elon Musk, Tesla, Jessica Caldwell, Edmunds, Ed Kim Organizations: REUTERS, Tesla, Porsche, Mercedes, Benz, Lucid Motors, Plaid, Twitter, Model, Thomson Locations: New York, U.S, Fremont , California
Australia antitrust boss rejects claim big tech law is a favour for News Corp
  + stars: | 2021-06-10 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
News Corp is one of four main media companies (in Australia). I just think this is a line put out by Google," Sims added. If the online giants and media companies can't strike a deal, the government appoints an arbitrator to do it for them. read moreFor months before, the U.S. tech companies mounted a vocal campaign against the law including threats to withdraw their business from the country. Days before the law was passed, Facebook temporarily shut down all third-party content in Australia, including emergency and healthcare feeds.
Persons: Lucas Jackson, Rod Sims, Rupert Murdoch, Sims, Facebook's Organizations: REUTERS, Facebook Inc, News Corp, Competition, Consumer Commission, Google, Google . News Corp, News Corp . Australia, Big Tech, Facebook, Thomson Locations: Manhattan, New York, U.S, Britain, Australia
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. The launch of the Model S Plaid, which has already been showcased online, has faced delay and some controversy over an expected airplane-style yoke steering wheel. Musk canceled another variant, Model S Plaid+, which would have had a 33% higher driving range than the Model S Plaid and used advanced battery technology, known as 4680 cells. "The Model S Plaid is definitely intended to help reduce the migration of current Tesla owners out of Tesla," said Ed Kim, vice president at consultancy AutoPacific. Musk has called the Model S Plaid "the fastest accelerating car ever."
Persons: Lucas Jackson, Elon Musk, Musk, Tesla, Jessica Caldwell, Ed Kim Organizations: REUTERS, Tesla, Porsche, Mercedes, Benz, Lucid Motors, Tesla's U.S, Volvo, Model, Plaid, Edmunds, Thomson Locations: New York, U.S, Fremont , California
Morgan Stanley appoints E*Trade leaders to top wealth division jobs
  + stars: | 2021-06-09 | by ( ) www.reuters.com + 1.00   time to read: +1 min
REUTERS/Lucas JacksonMorgan Stanley (MS.N) appointed several executives from E*Trade to senior roles on Wednesday in a leadership shuffle that brings leaders from the online broker into the top ranks of the firm's wealth management division, according to a memo seen by Reuters. Morgan Stanley bought E*Trade last year for $13 billion. Andrea Zaretsky, previously chief marketing officer at E*Trade, will be the chief marketing officer for all of wealth management. Mike Murphy, head of brokerage services at E*Trade, will lead digital direct client services, Chris Larkin, E*trade's head of trading, will oversee trading across the division. Brett Goodman, who led strategy, communications and investor relations at E*Trade will report to Curcio on strategic transformation team.
Persons: Morgan Stanley, Lucas Jackson Morgan Stanley, MS.N, Andy Saperstein, Chad Turner, Mike Curcio, Andrea Zaretsky, Turner, Curcio, Saperstein, Mike Murphy, Chris Larkin, Shane Mulron, Brett Goodman Organizations: New York U.S, REUTERS, Trade, Reuters, Thomson Locations: New York
Financial Times, New York Times, Bloomberg News websites down
  + stars: | 2021-06-08 | by ( ) www.reuters.com sentiment -1.00   time to read: 1 min
Vehicles drive past the New York Times headquarters in New York March 1, 2010. REUTERS/Lucas Jackson/File PhotoMultiple websites operated by news outlets including the Finiancial Times, the New York Times and Bloomberg News were down across the globe on Tuesday. Separately, Amazon.com Inc's (AMZN.O) retail website also seemed to face an outage. The issue affecting the sites was not immediately clear. Our Standards: The Thomson Reuters Trust Principles.
Persons: Lucas Jackson, Inc's Organizations: New York Times, REUTERS, Finiancial Times, Bloomberg, Thomson Locations: New York
U.S. consumers sour on housing market's buying conditions
  + stars: | 2021-06-07 | by ( Evan Sully | ) www.reuters.com sentiment -1.00   time to read: +2 min
Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020. The percentage of consumers who said it is a good time to buy a home declined in May to 35% from 47%, Fannie Mae said in its monthly survey of the U.S. housing market. This reading, the lowest since Fannie Mae began the survey about a decade ago, marked the second straight monthly decline and represented a drop of 18 percentage points since March. In comparison, the percentage of consumers indicating that now is a bad time to purchase a home increased to 56% from 48% last month. The data is part of Fannie Mae's Home Purchase Sentiment Index (HPSI), which increased by 1.0 point to 80.0 last month and is up 12.5 points from a year earlier.
Persons: Lucas Jackson, Fannie Mae, Fannie, Doug Duncan Organizations: REUTERS, Mortgage Bankers Association, Thomson Locations: York County , South Carolina, U.S, Fannie Mae's
Medline’s money machine
  + stars: | 2021-06-07 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
The $34 billion deal’s outline suggests the family could get a big windfall, without giving up their empire. In the proposed transaction they’ll refinance a bit less than half of that with debt, and sell three-quarters of what’s left to the buyout firms. Medline’s founders were well placed to get a sweet deal because other buyout firms were also circling. They’ll retain significant influence through their stake and through the company’s top managers being family members. In short, it looks like they’ve managed to have their cake and eat it – something more often true of buyout firms themselves.
Persons: Lucas Jackson, Carlyle, Hellman, Friedman, what’s, they’ve, John Foley Organizations: REUTERS, Industries, Blackstone, Amazon, Primavera Locations: New York, Asia
FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas JacksonLONDON (Reuters) - Morgan Stanley has hired former Bank of America banker Luigi Rizzo for a new client-facing role overseeing a drive to win business from a wide spectrum of companies across Europe, the Middle East and Africa (EMEA), sources familiar with the move told Reuters. Rizzo, who was at the helm of Bank of America’s European corporate and investment banking and quit in late 2019, will become Morgan Stanley’s vice chairman of investment banking for EMEA, the sources said, speaking on condition of anonymity. Morgan Stanley was not immediately available for comment. The 50-year old Italian, who is also a lecturer at various business schools including Solvay Brussels School of Economics and Management, where he graduated, will be based in London and report to Morgan Stanley’s head of investment banking Simon Smith.
Persons: Morgan Stanley, Lucas Jackson, Luigi Rizzo, Rizzo, Morgan, Goldman Sachs, Diego De Giorgi, Morgan Stanley’s, Simon Smith Organizations: New York U.S, REUTERS, Lucas Jackson LONDON, Bank of America, Reuters, Bank of America’s, EMEA, Pegasus, Solvay Brussels School of Economics, Management Locations: New York, Europe, East, Africa, Pegasus Europe, Paris, London
US Justice Dept got gag order on NY Times execs in fight over email logs - NYT
  + stars: | 2021-06-05 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
Vehicles drive past the New York Times headquarters in New York March 1, 2010. REUTERS/Lucas JacksonThe U.S. Justice Department under presidents Donald Trump and Joe Biden waged "a secret legal battle to obtain the email logs of four New York Times reporters," including a gag order on executives, the newspaper reported on Friday. The order prevented executives from disclosing the government's efforts even to the executive editor, Dean Baquet, and other newsroom leaders, it said. The battle was over an effort by the Justice Department to seize email logs from Google (GOOGL.O), which operates the Times's email system and had resisted the effort to obtain the information, the report said. The Times reported on Wednesday that the Trump administration secretly seized phone records of four reporters spanning nearly four months in 2017 as part of a leak investigation.
Persons: Lucas Jackson, Donald Trump, Joe Biden, Trump, Biden, David McCraw, Dean Baquet, McCraw, Anthony Coley, Organizations: New York Times, REUTERS, U.S . Justice, Times, Justice Department, Google, The Times, CNN, Washington Post, Justice, Reuters, Thomson Locations: New York
A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas JacksonMorgan Stanley (MS.N) has hired former Bank of America (BAC.N) banker Luigi Rizzo for a new client-facing role overseeing a drive to win business from a wide spectrum of companies across Europe, the Middle East and Africa (EMEA), sources familiar with the move told Reuters. Rizzo, who was at the helm of Bank of America's European corporate and investment banking and quit in late 2019, will become Morgan Stanley's vice chairman of investment banking for EMEA, the sources said, speaking on condition of anonymity. Morgan Stanley was not immediately available for comment. The 50-year old Italian, who is also a lecturer at various business schools including Solvay Brussels School of Economics and Management, where he graduated, will be based in London and report to Morgan Stanley's head of investment banking Simon Smith.
Persons: Morgan Stanley, Lucas Jackson Morgan Stanley, Luigi Rizzo, Rizzo, Morgan, Goldman Sachs, Diego De Giorgi, Morgan Stanley's, Simon Smith Organizations: New York U.S, REUTERS, Bank of America, Reuters, Bank of America's, EMEA, Pegasus, Solvay Brussels School of Economics, Management, Thomson Locations: New York, Europe, East, Africa, Pegasus Europe, Paris, London
BlackRock CEO says Shell decarbonisation ruling "not a solution"
  + stars: | 2021-06-03 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
REUTERS/Lucas Jackson/File PhotoBlackRock CEO Larry Fink said the ruling that requires Shell to deepen its planned greenhouse gas emission cuts was an example of a general attitude that failed to address the overall problem. The ruling, which could trigger legal action against other energy companies, is expected to force Shell to shed assets to comply. Shell said it was disappointed with the ruling and planned to appeal. “That (the ruling) doesn’t change the global footprint, that’s not a solution,” Fink told a conference on infrastructure investing. “We’re doing a lot of greenwashing because we’re not changing the carbon footprint of the world.
Persons: Larry Fink, Lucas Jackson, Shell, ” Fink, , we’re, , “ It’s Organizations: MILAN, Royal, Shell, Yahoo Finance, REUTERS, BlackRock, BP Locations: New York, U.S
Chancellor: This time isn’t different, but scarier
  + stars: | 2021-06-03 | by ( Edward Chancellor | ) www.reuters.com + 0.00   time to read: +6 min
Many tools have been developed to predict the returns of the American stock market. Whereas Shiller’s CAPE is based on profitability, another measure, known as Tobin’s Q, values the stock market relative to the replacement cost of corporate assets. A valuation model developed by GMO, the Boston-based money manager (and my former employer), is based on the mean reversion of equity valuations and profits. (Shiller’s CAPE is currently a third higher than at the date of Greenspan’s warning.) Given that the stock market is more highly valued today, an even greater bloodbath can be expected.
Persons: Lucas Jackson, Robert Shiller, Andrew Smithers, Tobin’s, Warren, Smithers, Shiller’s, Alan Greenspan’s, Shiller, , John Burr Williams, Jay Powell, we’re Organizations: New York Stock Exchange, REUTERS, Lucas Jackson Investors, Yale University, City, Federal, Treasuries, Twitter Locations: New York, U.S, London, Boston
REUTERS/Lucas Jackson//File Photo(Reuters) - Citigroup Inc appointed Chuck Adams, a former partner at Goldman Sachs Group Inc, to lead a newly formed “super group” of investment bankers to focus on healthcare and wellness sectors, according to a memo seen by Reuters. “Healthcare, Consumer & Wellness will be one of our largest groups in BCMA and represents one of the greatest opportunities for growth,” according to the memo from co-heads of Citi’s investment banking unit. Chuck joins from Goldman Sachs, where he was a partner for over 10 years in his 16 years with the company. He was most recently head of West Region Advisory, West Coast Healthcare, and head of the Los Angeles Office. Chuck spent 10 years at Morgan Stanley, where he focused on healthcare investment banking.
Persons: Lucas Jackson, Chuck Adams, Adams, Chuck, Goldman Sachs, Morgan Stanley Organizations: Citibank, REUTERS, Citigroup Inc, Goldman Sachs Group Inc, Reuters, “ Healthcare, Consumer, Wellness, West, Advisory, West Coast Healthcare, Los Angeles Office Locations: New York, BCMA
Tesla recalls nearly 6,000 U.S. cars over potentially loose bolts
  + stars: | 2021-06-02 | by ( David Shepardson | ) www.reuters.com sentiment -1.00   time to read: +1 min
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File PhotoTesla Inc (TSLA.O) is recalling nearly 6,000 U.S. vehicles because brake caliper bolts could be loose, with the potential to cause a loss of tire pressure, documents made public on Wednesday show. The recall covers certain 2019-2021 Model 3 vehicles and 2020-2021 Model Y vehicles. Tesla said that loose caliper bolts could allow the brake caliper to separate and contact the wheel rim, which could cause a loss of tire pressure in "very rare circumstances." The filing with NHTSA said Tesla was made aware in December of a field incident involving a 2021 Model Y vehicle with a missing fastener on the driver-side rear brake caliper.
Persons: Lucas Jackson, Tesla Organizations: REUTERS, Tesla, National, Traffic Safety Administration, NHTSA, Thomson Locations: New York, U.S
Bill Gates and EU pledge $1 billion boost for green technology
  + stars: | 2021-06-02 | by ( Kate Abnett | ) www.reuters.com + 0.99   time to read: +2 min
The partnership would see Gates-founded Breakthrough Energy use private capital and philanthropic funds to match funding provided by the EU. The aim is to together provide up to 820 million euros, or $1 billion, from 2022 to 2026. Support will target hydrogen produced from renewable energy, sustainable aviation fuels, technology to suck CO2 out of the atmosphere, and long-duration energy storage, the Commission said. "The world cannot wait for technologies to develop on their own," the Commission said. The EU has committed to eliminate its net greenhouse gas emissions by 2050.
Persons: Bill Gates, David R, Tuntiak Katan, Sheikh Hasina, Lucas Jackson, Gates Organizations: Global, Bank Group, Bangladesh's, Climate, REUTERS, European Union, European Commission, Energy, EU, EU Innovation, Thomson Locations: U.N, New York City , New York, U.S, Europe
U.S. construction spending rises moderately in April
  + stars: | 2021-06-01 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
The Commerce Department said on Tuesday that construction spending rose 0.2% after surging 1.0% in March. Construction spending, which accounts for about 4% of gross domestic product, jumped 9.8% on a year-on-year basis in April. Spending on private construction projects rose 0.4%, lifted by investment in single-family homebuilding. Spending on private nonresidential construction like gas and oil well drilling dropped 0.5% in April. Spending on public construction projects fell 0.6% in April.
Persons: Lucas Jackson, outlays Organizations: REUTERS, WASHINGTON, Commerce Department, Reuters Locations: York County , South Carolina, U.S, outlays, homebuilding, State
The Missouri Supreme Court, the state’s highest court, in November declined to hear J&J’s appeal of the Missouri Court of Appeals ruling, prompting the company to appeal to the U.S. Supreme Court. J&J said in court papers that it faces more than 19,000 other cases that could be affected by the outcome of this litigation. In addition to reducing the damages, the Missouri Court of Appeals dismissed two of the 17 out-of-state plaintiffs. Justice Samuel Alito did not participate in the Supreme Court’s decision not to take up the appeal, likely because he owns J&J stock. In its statement here, J&J said it remained "steadfastly confident in the safety of talc-based Johnson's Baby Powder."
Persons: Johnson, Lucas Jackson, J, J “, , Samuel Alito, Brett Kavanaugh Organizations: WASHINGTON, U.S, Supreme, REUTERS, Missouri, Appeals, J, New, U.S . Constitution, Missouri Supreme, Reuters, & $ Locations: New York, Missouri, New Brunswick , New Jersey, U.S ., United States, Canada
AMC shares zoomed up 200% during the week but failed the reach social media calls for a $500,000 price tag. Virgin Galactic bounced higher after the company's successful space flight. Retail investors on Reddit at the start of the year staged a virtual fight against institutional investors that bet GameStop's price would go down. AMC shares eventually backed off that threshold but still more than doubled from about $12 from the start of the week. Markets Insider4) Virgin Galactic rockets upShares of the commercial space flight company touched $35.04 on Friday, briefly bringing its weekly rise to 66%.
Persons: New York Lucas Jackson, Edward Moya, Vanda, Moya Organizations: GameStop, Reuters AMC, Virgin Galactic, AMC, Reddit, Vanda Research, Virgin Locations: New York
Tesla loses U.S. designation for some advanced safety features
  + stars: | 2021-05-26 | by ( David Shepardson | ) www.reuters.com + 0.00   time to read: +2 min
A Tesla logo hangs on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo/File PhotoNewer Tesla Model 3 and Model Y vehicles will no longer be labeled as having some advanced safety features after the automaker said it was removing radar sensors to transition to a camera-based Autopilot system, the National Highway Traffic Safety Administration (NHTSA) said Wednesday. The NHTSA's five-star crash ratings website includes check marks for up to four recommended advanced safety technologies. Automakers may use safety checkmarks to promote certain features to potential buyers, and consumers may use them to rate vehicles. Both Tesla models have received five stars for crash and rollover safety, NHTSA's highest rating, and that is unaffected.
Persons: Lucas Jackson, Tesla Organizations: REUTERS, Traffic Safety Administration, Tesla, NHTSA, Thomson Locations: New York, U.S, North America, California
Tesla set to pay for chips in advance to overcome shortage - FT
  + stars: | 2021-05-26 | by ( ) www.reuters.com sentiment -0.99   time to read: 1 min
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File PhotoTesla Inc (TSLA.O) plans to pay in advance for chips to secure its supply of the crucial materials in a move to overcome the global chip shortage, the Financial Times reported on Wednesday, citing people familiar with the matter. The electric-car maker is also exploring buying a plant as a part of the efforts, according to the report. (https://on.ft.com/3flWwFU)Tesla could not immediately be reached for comment. Our Standards: The Thomson Reuters Trust Principles.
Persons: Lucas Jackson, Tesla Organizations: REUTERS, Tesla, Financial Times, Thomson Locations: New York, U.S
Fed's Bullard: financial stability poses potential risk for economy
  + stars: | 2021-05-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.74   time to read: 1 min
FILE PHOTO: St. Louis Fed President James Bullard speaks about the U.S. economy during an interview in New York February 26, 2015. REUTERS/Lucas Jackson/File Photo(Reuters) - Federal Reserve Bank of St. Louis President James Bullard said on Monday that the Fed is taking financial instability on board as a “potential risk” for the U.S. economy as the pandemic nears an end and the recovery gains steam. “We monitor financial stability very closely,” Bullard told Yahoo Finance. “I would say instability risks are higher than normal, but still not at an alarming level.”
Persons: Louis, James Bullard, Lucas Jackson, Louis President James Bullard, ” Bullard, Organizations: Louis Fed, REUTERS, Federal Reserve Bank of St, Yahoo Finance Locations: U.S, New York
Total: 25