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Search resuls for: "Sally Beauty"


7 mentions found


☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
  + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com   time to read: +9 min
The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.
Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan
☆ 39-year-old self-made millionaire: 'Success isn't owned, it's rented. And rent is due every day'
  + stars: | 2022-12-28 | by ( Ashton Jackson | ) www.cnbc.com   time to read: +4 min
The 39-year-old founded Mielle Organics, a natural hair care brand, in 2014 after a devastating loss reshaped life as she knew it. At the time, Rodriquez had an almost decade-long career in nursing, a field her family reassured her was "recession-proof." Here's how Rodriquez navigated funding as a Black woman and the best career advice she's ever received. Yet, only 3% of Black women were operating mature businesses, indicating systemic discrimination in VC and funding — something that Rodriquez knows all too well. "Being a Black woman starting a company, the banks don't believe in you.
☆ Cardinal Health Hires Finance Chief From Sysco
  + stars: | 2022-12-19 | by ( Dean Seal | ) www.wsj.com   time to read: 1 min
Cardinal Health Inc. has hired Aaron Alt, the chief financial officer of Sysco Corp. , to be its next finance chief. The Dublin, Ohio-based healthcare-products distributor said Monday that Mr. Alt will take over from Trish English, who has served as interim finance chief since August when then-CFO Jason Hollar was tapped as chief executive officer. Mr. Alt will succeed Ms. English on Feb. 10, the company said. Mr. Alt has been with Sysco since December 2020, according to his LinkedIn profile. He previously served as CFO for Sally Beauty Holdings Inc. and held senior executive roles at Target Corp. Write to Dean Seal at dean.seal@wsj.comCopyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.
☆ Here are Thursday's biggest analyst calls: Tesla, Amazon, Nike, Nio, Verizon, Disney, Snap & more
  + stars: | 2022-12-15 | by ( Michael Bloom | ) www.cnbc.com   time to read: +9 min
Guggenheim names Nike a top 2023 pick Guggenheim said Nike's brand remains "healthy and strong." Bank of America names Amazon a top 2023 pick Bank of America said Amazon is a "share gainer" that will continue in 2023. " Morgan Stanley upgrades Verizon to overweight from equal weight Morgan Stanley said Verizon shares are "historically" attractive. Morgan Stanley downgrades AT & T to equal weight from overweight Morgan Stanley said it sees a more balanced risk/reward. Morgan Stanley downgrades Lockheed Martin to equal weight from overweight Morgan Stanley said it sees more "limited upside" for shares of the defense company. "
☆ Sally Beauty Supply is closing 350 stores. I visited a location and saw why the company is struggling.
  + stars: | 2022-11-20 | by ( Ann Matica | ) www.businessinsider.com   time to read: 1 min
Signs offering discounts on hair care products were fixed to displays and shelves. Seeing all the signs made me wonder if the store always had big deals going on or if it was a sign of the company's financial struggles. Ann Matica/Insider
☆ The 'total return era' of investing might be over, the credit chief for a $6 billion firm told us. Here's what he's buying to lock in solid returns that will hold up in a recession.
  + stars: | 2022-11-16 | by ( Marley Jay | ) www.businessinsider.com   time to read: +5 min
He says the 'total return era' of high, stable returns across asset classes might be gone for good. Reddy explained his ideas about what to buy to get solid returns at smart levels of risk. But buying everything only works if all of those structural factors are sending demand and asset prices steadily higher, Reddy said. Younger workers tend to spend more and save less, which means greater demand and more inflation pressure, Reddy said. "If you have a higher inflation environment, you need to take some kind of risk."
☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
  + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +6 min
There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.
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