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Activist investor Jana Partners disclosed in a letter Monday that it has built a "significant" position in semiconductor manufacturer Wolfspeed and urged the company to resolve what it called a "staggering erosion of shareholder value," up to and including a sale. In the letter to Wolfspeed's board, viewed by CNBC, Jana wrote that the semiconductor company's "differentiated manufacturing capabilities" and status as an "American supplier supporting the energy transition" gave it significant intrinsic value. Jana also wrote that management's missteps around capital allocation, execution and strategy had depressed the stock. Wolfspeed, formerly known as Cree, is a supplier of electronic components and semiconductors used to manage electricity, often in cars. Jana said Wolfspeed's board should "promptly" begin a comprehensive review of the business, up to and including a sale.
Persons: Scott Ostfeld, Jana Partners, Jana, Wolfspeed, Barry Rosenstein, Kif Leswing Organizations: JANA Partners, CNBC, Reuters, TSR, Qualcomm, Trimble Locations: New York City, U.S, Mohawk Valley, Siler City, Freshpet ,
Former President Donald Trump and President Joe Biden. AP/ReutersPresident Joe Biden and former President Donald Trump held dueling events Saturday in Georgia, where they each attacked the other as their rematch for the White House ramps up. Signs featuring Riley were passed out to the crowd, and Riley's parents met with Trump backstage before he spoke. Trump slammed Biden after the president said he shouldn't have used the term "illegal." He was an illegal migrant, and he shouldn't have been in our country, and he never would have been under the Trump policy," the former president said.
Persons: Donald Trump, Joe Biden, Biden, Viktor Orbán, , ” Biden, ” Trump, Trump, , Laken Riley Biden, Laken Riley's, Riley Organizations: AP, Reuters, Union, Trump, Hungarian, Friday, Biden's, MSNBC, University of Georgia Locations: Georgia, Atlanta, Rome , Georgia, Thursday’s State
Morgan Stanley initiates Ford as a top pick Morgan Stanley said it's standing by its top pick status on Ford. Morgan Stanley initiates Dynatrace as equal weight Morgan Stanley initiated the software stock with an equal weight and said patience is needed. Morgan Stanley reiterates Disney as overweight Morgan Stanley said Disney's participation in a sports streaming bundle is 'low-risk." Morgan Stanley adds Huntington Bancshares to the financials finest list Morgan Stanley added the regional bank to its financials finest list. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by its overweight rating on the stock, but that the company will need "substantial funding" to complete its Georgia plant.
Persons: Goldman Sachs, Goldman, ANET, hyperscaler, Morgan Stanley, Ford, it's, Dynatrace, Redburn, Evercore, Susquehanna, Piper Sandler, Trimble, Piper, Riley, Bernstein, Disney, Huntington Bancshares, Huntington, Banks, Stephens, Cantor Fitzgerald, Stratasys, Cantor, Rivian Organizations: Arista Networks, Ford, downgrades, Airlines, UBS, Nvidia, NextEra Energy Partners, Taiwan Semiconductor, Apple, Apple Services, DIS, FOX, Deutsche Bank, Walmart, Citi, GSK, " Bank of America, of America Locations: NVDA's, North America, NAPA, Georgia
UBS hiked its price target on Nvidia , citing an attractive valuation and strong demand for its chips. The firm upgraded shares to overweight from neutral and upped its target price by $17 to $68, which implies 24.3% potential upside. He upgraded shares to buy from neutral and increased his price target from £17 to £21. — Pia Singh 5:47 a.m.: UBS hikes Nvidia price target UBS is getting even more bullish on Nvidia ahead of the chipmaker's fiscal fourth-quarter earnings report. Despite the price target increase, Nvidia shares were down 1% in the premarket.
Persons: Riley Securities downgrades, Jeff Lick, Children's, Lick, — Pia Singh, Piper Sandler, Trimble, Clarke Jeffries, Mark Palmer, Palmer, Andrew Baum, Baum, GSK's, Timothy Arcuri, Arcuri, NVDA, Fred Imbert Organizations: CNBC, UBS, Nvidia, Citi, GSK, Riley Securities, Children's, Investment, Block Locations: Lick, Monday's, C2H
Bank of America also reiterated its neutral rating on Monday, while noting that leadership has "the playbook to turn things around." Diamondback Energy — The shale producer jumped 9.4% after announcing its purchase of Endeavor Energy, the biggest private company that produces natural resources from the Permian Basin. CymaBay Therapeutics , Gilead — Shares of CymaBay soared 25.4% after Gilead agreed to buy the drug developer. The deal comes as Gilead, whose shares were up around 1% in Monday's session, looks to expand beyond HIV drugs. Marqeta — The credit card technology stock added 5.7% after a Bank of America upgrade to buy from neutral.
Persons: Gilead, Bracken Darrell, Trimble, , Joe Ahlersmeyer, Piper Sandler, Teva, Samantha Subin, Sarah Min Organizations: New York Community Bancorp, Bank of America, Endeavor Energy, CymaBay Therapeutics, Gilead, VF Corp, Reuters, Mohawk Industries, Deutsche Bank, Citi, Space Development Agency, Teva Pharmaceutical —, JPMorgan, Nvidia Locations: Israel
Wall Street wrapped up another positive week, with the S & P 500 closing Friday above 5,000 for the first time ever. It was a pretty light week in terms of economic data releases, though we did get a favorable ISM Services number on Monday. Things will pick up next week with several closely watched macroeconomic updates, including two key government inflation reports. While no Club earnings are scheduled to report earnings in the week ahead, 61 companies in the S & P 500 will deliver their latest quarterly results. Consumer inflation: The main event of the week will come on Tuesday when the January consumer price index (CPI) is released.
Persons: Estee Lauder, Eli Lilly, Price, Bausch, Trimble, Krispy Kreme, Topgolf, Kraft Heinz, Martin Marietta, Owens Corning, WEN, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Club, GE Healthcare, DuPont, Linde, Ford, Disney, Wynn Resorts, CPI, PPI, Palo Alto Networks, Nvidia, Bausch Health, Arista Networks, WM, Cadence Design Systems, ZoomInfo Technologies, Avis Budget, Brighthouse, Goodyear Tire &, Vornado Realty, Marriott International, Hasbro, Restaurant Brands, Molson Coors Beverage, Holdings, MGM Resorts, MGM, Akamai Technologies, American International Group, AIG, Topgolf Callaway Brands, CME Group, Sony, SONY, Blackstone Mortgage Trust, Martin Marietta Materials, Ryder, Occidental Petroleum, Cisco Systems, Deere, Penn Entertainment, Southern Company, Coinbase, Trade, Materials, Rand, Texas, Housing, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Albemarle, ALB, Ingersoll, New York City
Industrial technology company Trimble announced on Tuesday it would buy back up to $800 million worth of shares and add two directors to its board, just a few weeks after activist investor Jana Partners disclosed a stake in the company. Nersesian is the chairman and former CEO of Keysight , an equipment and software company. "We are thrilled to welcome Kara and Ron to our Board," Trimble CEO Rob Painter said in the release. Jana partner Kevin Galligan said the firm was "pleased" with the additions to the board and the expanded share buyback plan. Galligan also said that industrial concerns looking to grow their recurring revenue through software or technology might consider acquiring Trimble.
Persons: Trimble, Jana Partners, Ron Nersesian, Kara Sprague, Sprague, Kara, Ron, Rob Painter, Jana, Kevin Galligan, Galligan, Rob Organizations: Nginx, Bloomberg's, Trimble, Fidelity National Information Services, Qualcomm, Zendesk, 13D, Company Locations: Trimble
There could still be further gains ahead for tech stocks, even as the sector boosted the S & P 500 to a new record-high closing last Friday. After kicking off the new year with a lukewarm start, the technology sector turned the ship around, largely driven by the ongoing artificial intelligence frenzy . Despite these gains, broader analyst consensus indicates that there are still tech stocks poised to go higher from here. Likewise, analysts on average think design software company Synopsys could rally another 18%. Last week, the company announced it would acquire engineering simulation software company Ansys in an approximately $35 billion deal .
Persons: Brad Zelnick, John Vinh, Trimble, , Fred Imbert Organizations: CNBC Pro, Oracle, Deutsche Bank, Semiconductor, KeyBanc Capital Locations: Oracle's
“Representative Santos sought to fraudulently exploit every aspect of his House candidacy for his own personal financial profit,” the report concluded. Ethics panel concludes sexual harassment allegation against Santos was not substantiatedThe House Ethics panel said there was not substantial evidence to support a sexual harassment allegation brought against Santos. But the report also indicates that there was some tension between the overlapping DOJ criminal probe and House ethics probe. The ethics panel reached out to the Justice Department to deconflict their investigations, and top DOJ officials asked them in March to pause the ethics probe. The House report says DOJ’s “deferral requests” prevented them from getting to the bottom of certain allegations.
Persons: George Santos, Santos, Santos ’, , Ubers, ” Santos, Mary Altaffer, AP Santos, , , Nancy Marks, Santos “, , it’s, DOJ’s Organizations: New York Rep, US, Republican, , US Justice Department, Santos ’, New York University, Baruch College, , New York's, AP, Federal, Commission, ” “, Santos, Resources, CNN, Justice Department, ISC, DOJ Locations: , Washington, Florida, Las Vegas, Atlantic City, Jericho , New York, CityMD, Huntington , New York, Rhinebeck , New York, Queens , New York, Glen Cove , New York, United States, Santos ’
Republican Rep. George Santos announced he will not seek reelection to the House next year, following the Ethics Committee’s release of its long-awaited report on Thursday, concluding that there is “substantial evidence” that the New York congressman used campaign funds for personal purposes. The committee said it uncovered additional “uncharged and unlawful conduct” by Santos that go beyond the criminal allegations already pending against him, and would immediately refer these allegations to the Justice Department for further investigation. Everyone who participated in this grave miscarriage of Justice should all be ashamed of themselves,” Santos wrote of the report in a post on X. Santos has remained defiant in the face of the mounting legal issues he faces. This story and headline have been updated with additional developments.
Persons: George Santos, Santos, , ” Santos, Santos “ Organizations: New, Federal, Justice Department, New York Republican Locations: New York
In business, that meant building a fortune by hyping a drug that ultimately failed. In politics, it means arguing he can return Trump's “America First” vision to the White House without the baggage. Ramaswamy majored in biology and participated in the campus Republican club, standing out even there as a libertarian. “I believe Donald Trump was an excellent president,” Ramaswamy said while campaigning in Atlanta. While many conservatives dislike foreign aid, Republican voters align heavily with Israel.
Persons: Vivek Ramaswamy, , , Ramaswamy, Ramaswamy skewered Nikki Haley, Ron DeSantis, Dick Cheney, Haley, Donald Trump, Ann Trimble Ray, Ramaswamy “, he’s, you’ve, Ray, “ Da, ” Ramaswamy, Goldman Sachs, Dan Gold, , Intepirdine, Axovant, divesting, Jeffrey Sonnenfeld, Ramaswamy sidesteps, Trump’s, He's, Israel’s, ” Ramaswamy jousted, Tucker Carlson, Sean Hannity, Carlson, Hannity, denigrating, Trump, Putin, Xi, ” Haley, Linley Sanders, Thomas Beaumont Organizations: ATLANTA, Republican, Florida Gov, DeSantis, Harvard, Crimson, Goldman, Wall Street, QVT, GlaxoSmithKline, New York Times, Forbes, Yale School of Management, Disney, Republicans, Israel, Associated Press, NORC, for Public Research, Fox News, GOP Locations: United States, Israel, Ukraine, Ohio, , Iowa, Atlanta, American, U.S, Gaza, Iraq, Afghanistan, Washington, Des Moines , Iowa
Advanced Micro Devices — The stock added 8% after the chipmaker beat analyst expectations for its third-quarter earnings . Estee Lauder also lowered its full-year earnings per share guidance to a range between $2.17 and $2.42, versus its previous guidance of $3.50 per share to $3.75 per share. Third-quarter earnings per share came in above consensus, however. Paycom Software — Shares of the HR and payroll company dropped more than 36% after Paycom's third-quarter revenue came in light of expectations. Trimble — The technology and software stock shed 13% after Trimble's third-quarter revenue came in below estimates.
Persons: LSEG, Estee Lauder, Trimble —, David Barnes, Ford, Jesse Pound, Samantha Subin Organizations: CVS, , LSEG, DuPont de Nemours —, Garmin, FactSet, Barclays, General Motors Locations: China
In Iowa, where evangelical Christians dominate the first-in-the-nation Republican presidential caucuses, Rowland and other pastors are delivering a message meant to resonate both biblically and politically. While curbing abortion has for decades energized Christian conservatives like no other issue, the attack by Hamas and Israel's response have put new pressure on Republican candidates to hew not just to traditional Republican support for Israel but to beliefs rooted in the Bible. Some Christians support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Some evangelicals believe Israel is key to an end-times prophecy that will bring about the return of the Christian messiah. Daniel Hummel, author of “Covenant Brothers: Evangelicals, Jews, and U.S.-Israeli Relations," said that Republican support for Israel has become a proxy for other conservative priorities, particularly on immigration.
Persons: Steve Rowland peered, Rowland, “ Israel, Israel, Joe Biden, “ We’ve, , Nikki Haley, Donald Trump, Benjamin Netanyahu, Trump, Roe, Wade, Daniel Hummel, Haley, Ron DeSantis —, , ” Hummel, Carolina Sen, Tim Scott, ” Scott, Scott, DeSantis, Joseph Brown, Netanyahu “, Brown, Marion, Vivek Ramaswamy, Ramaswamy, Brad Cranston, ” Ann Trimble Ray, ” Rowland, they've, Tiffany Stanley Organizations: Sun, of Christ, Republican, Iowa, GOP, South, United Nations, The Associated Press, , Brothers, Trump, Florida Gov, Trump Republican Party, Baptist Church, Heritage Baptist Church, CNN, Associated Press Locations: NEWTON, Iowa, Des Moines, Altoona, Israel, Iran, South Carolina, Cedar Rapids, White, U.S, Tel Aviv, Jerusalem, It's, Carolina, Newton, Washington , Iowa, Burlington , Iowa, Gaza, Trump, , Iowa, Washington
CNN —US Army Private Travis King arrived back on United States soil Thursday after being returned to American custody weeks after he crossed into North Korea, a Defense Department official said. King flew in on a US military flight, landing at Kelly Field at Joint Base San Antonio-Fort Sam Houston around 1:30 a.m. ET, the official said. A CNN camera captured what appears to be King being escorted off the plane by several people. They met officials waiting on the ground and led King off to another area of the military base, out of sight of the camera.
Persons: Travis King, King, Kelly, Fort Sam Houston Organizations: CNN, US, Defense Department, Joint Base San, Fort Locations: United States, North Korea, Joint Base San Antonio, Fort Sam
People look at AGCO equipment as they attend National Farm Machinery show in Louisville, Kentucky, February 12, 2016. REUTERS/Meredith Davis/File Photo Acquire Licensing RightsSept 28 (Reuters) - AGCO Corp (AGCO.N) said on Thursday it would acquire an 85% stake in navigation products maker Trimble's (TRMB.O) agribusiness for $2.0 billion in cash as the tractor and seeding equipment firm seeks to boost its precision-agriculture portfolio. "This deal significantly enhances AGCO's technology stack with disruptive technologies that cover every aspect of the crop cycle," AGCO Chief Executive Eric Hansotia said. The precision-agriculture approach employs technology and the global positioning system to ensure that seeds, fertilizer and chemicals are used correctly. The stake's purchase price represents an implied enterprise value of about $2.35 billion for the business, AGCO said.
Persons: Meredith Davis, Eric Hansotia, Oppenheimer, Trimble, AGCO, Morgan Stanley, Kannaki, Vinay Dwivedi Organizations: Farm Machinery, REUTERS, AGCO, Thomson Locations: Louisville , Kentucky, Ukraine, Bengaluru
DigitalBridge — Shares of the digital infrastructure company jumped 5.8% after JPMorgan upgraded the company to overweight from neutral. After the market closed Wednesday, Jefferies posted earnings of 22 cents per share on revenue of $1.18 billion. Accenture — Shares of the IT and consulting firm fell nearly 5% Thursday after Accenture reported mixed results for its fiscal fourth quarter. The used-car retailer's fiscal second-quarter earnings and revenue slipped from a year ago on weakening demand for used cars. Concentrix — Shares gained 10% a day after Concentrix said it would hike its quarterly dividend 10% to about 30 cents a share.
Persons: Trimble —, DigitalBridge, Jefferies, Duolingo, Wolfe, Lululemon, CarMax, Concentrix, FactSet, , Jesse Pound, Christina Cheddar, Berk Organizations: Corporation, JPMorgan, Jefferies, UBS, Resorts, Wolfe Research, Accenture —, Accenture, StreetAccount, Micron, LSEG
Mason King Courtesy: Mason KingMore than a year of recessionary forecasts have created "a highly unusual market," said Mason King, a principal of Luther King Capital Management in Fort Worth, Texas, which ranked No. 1 on CNBC's list of the top 100 financial advisors in the U.S. for 2023. Although some experts have more recently backed off those earlier predictions of an impending recession and embraced the idea of soft landing, "that's been the most consensus we've seen," he added. "Exactly how much market activity has already been drained and how much is still ahead of us, nobody knows," King said. To navigate the ups and downs, King says the firm maintains a longer time horizon, just like the companies they invest in.
Persons: Mason King, Luther, — J, Luther King Jr, , that's, King Organizations: Luther King Capital Management, Federal, Fed, Apple, Microsoft, Nvidia, Tesla Locations: Fort Worth , Texas, U.S, Trimble, Albemarle
Russell and Tunkel pointed to falling launch costs, continued demand for satellites and India's recent moon landing as reasons to be excited about the future for the space industry. The most successful of these funds, both by total assets and performance this year, is Cathy Wood's Ark Space Exploration & Innovation ETF (ARKX) . The ARK fund takes a broad approach to finding space stocks. The Ark fund even has some stocks that are only tangentially related to space, at least for now, like Amazon and Google-parent Alphabet . For investors looking for a more narrow approach, BCA described the Procure Space ETF (UFO) as the "purest play on space exploration."
Persons: Guy Russell, Irene Tunkel, Russell, Tunkel, Cathy Wood's, Trimble, — CNBC's Michael Bloom Organizations: BCA Research, Innovation, Google, BCA, SES, Rocket Locations: Luxembourg
A new report from the Pew Research Center shows most Americans support NASA but not a moon mission. But the specific priorities of the US space program have often been at odds with public opinion. Although somewhat at odds with the national space agenda, this valuation is not new. In addition, the United Nations' open-ended working group on reducing space threats has been meeting since 2022 to help avoid conflict in space. Countries have been working within the United Nations to develop and implement guidelines for the long-term sustainability of outer space activities.
Persons: LOREN ELLIOTT, Johns Hopkins, Jon Emmerich, Elon Musk, Ryan Saunders, Codie Trimble Organizations: Pew Research Center, NASA, Service, Getty Images, Artemis, Pew, SpaceX, AP, Virgin Galactic, . Air Force, 625th Strategic Communications Squadron, Vandenberg Space Force Base, Intercontinental Ballistic Missile, US Air Force, Staff, ViaSat, United Nations, Space Agency Space Locations: Wall, Silicon, United States, AFP, States, Europe, Japan, Canada, China, Russia, Ukraine War, Ukrainian, Ukraine, United
All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.
Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho
Tyler’s practice began after he started volunteering at Angola’s hospice program. In addition to gifting quilts to the families of late patients, volunteers would sell them at the prison’s rodeo for funding. “Doing my work made me realize that I have something to offer, that my greatest asset is myself,” Tyler says of revisiting quilting after his release. Also on display is a vitrine of those sourced photographs alongside memorabilia that was circulated in the fight for Tyler’s freedom. “We Are the Willing” will be on view from July 8 through Sept. 6, lscgallery.com.
Persons: Gary Tyler, Rosa Parks, Tyler’s, Tyler, , ” Tyler, I’ve, , Gary, Allison Glenn Organizations: Library Street Locations: Angola, Louisiana, Detroit, Rosa
What had started as a diary of hair styles and piercings grew into a conceptual art project as Echeverri evolved as an artist. “I don’t want to overburden the work,” says Tillmans, who prefers to see it as Echeverri was: sly, cerebral and self-deprecating. The exhibit in New York also includes “Identidad Payasa” (2017), a series of double portraits where the artist shared the lens with street clowns in Mexico City. First, Echeverri would take their photos in full costume, then ask the clowns to recreate the look on him, a way of embodying their position. Tillmans says the photos show how much Echeverri empathized with the clowns — they were both artists, putting on a visual performance and wearing masks.
Persons: Juan Pablo Echeverri, James Fuentes, Wolfgang Tillmans, , Tillmans, Echeverri, Miss Fotojapón, ” yokes, , Organizations: Miss Locations: Manhattan, Bridges, Berlin, León, Mexico, Colombia, New York, Mexico City
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.
The US military test-launched a Minuteman III intercontinental ballistic missile last week. Newly released Air Force photos show the moment an airman turned the keys to initiate the launch. The launch was executed aboard a so-called 'doomsday' plane, and a newly released photo captures the moment an airman turned the keys to initiate the launch. US NavyUS Strategic Command said last week's launch is "part of routine and periodic activities" to ensure that Washington's nuclear capabilities are stable. Several times a year, an ICBM will be pulled from one of the Air Force Global Strike Command missile wings for an Operational Test Launch at Vandenberg.
As commercial real estate comes under even greater pressure, investors should steer clear of these stocks that are overexposed to the sector, JPMorgan said. Commercial real estate is already facing more challenges this year than other parts of real estate, such as retail or lodging. Last year, office real estate dropped 37.6%, also on a total return basis. Given this, JPMorgan screened for a basket of stocks with direct and indirect exposure to U.S. commercial real estate. JPMorgan also identified pharmacy store chains Walgreens Boots Alliance and CVS Health as having direct exposure to any slowdown in commercial real estate.
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