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☆ How Jewish People Built the American Theater
▼ + stars: | 2023-11-29 | by ( Jesse Green | ) www.nytimes.com time to read: +46 min

Let Us Tell You A Story How Jewish people built the American theater as we know it. The theater, which for many Jews was a major way of becoming American in the first place, seems unable to acknowledge that the danger that American Jews face is not just historical, and not just onstage. (Both of Adler’s parents were Yiddish theater stars — her father, Jacob Adler, was a renowned Shylock in 1903.) Embedding their own observation and experience within Stanislavsky’s, along with the best of Yiddish theater and a generous dollop of Freud, they converted the American theater to Judaism. Sara Krulwich/The New York TimesThe Jewish contribution to the creation of the American theater was built on the acknowledgment of a larger humanity alive within each of us, available to some, with natural empathy and rigorous training.

Persons: Glocca, “, Lerner, Loewe, ”, Isidore Hochberg, Burton Lane, né Burton Levy, William Goldman, “ Killybegs, Sammy Davis Jr, Julie Andrews, Connie Francis, Rosemary Clooney, Tommy Dorsey, Davis, —, Arthur Miller’s “, joyously, Jason Schmidt, Christine Jones, Miller, I’ve, Marilyn Monroe, Robert Brustein, Neil Simon’s, ” Cynthia Ozick, Sholom, Philip Roth, Simon, Leonard Bernstein, Matt Nadel, Bradley, Bernstein, “ Maestro, Shylock, William Shakespeare’s “, Venice ”, Shakespeare, Christopher Marlowe’s, Farah Karim, Cooper, Bard ”, “ Merchant, Tom Stoppard’s, Sara Krulwich, Ansky’s, Stella Adler, Bessie Berger, Clifford Odets’s, Arthur Miller, Elia Kazan, Francis Joseph Bruguière, Billy Rose, Eugene Smith, Roth, Arthur Schnitzler, Juliet Stevenson, Ruth Wolff, Lorraine Hansberry’s, Sidney’s, Alex Edelman’s “, Leo Frank, Bernard B, Frank, Mandy Patinkin, James Lapine, Stephen Sondheim’s, George, Martha Swope, outspokenness, creatives, Oscar Isaac, Sidney, “ Sidney Brustein, Isaac, Stevenson, Robert Icke, Roman Catholic Cooper, Rachel Brosnahan, Maisel, Joan Rivers —, Brosnahan, Sidney Brustein’s, Alec Guinness, Fagin, “ Oliver Twist, I’m, Micaela Diamond, Ben Platt, Lucille, Alfred Uhry, Jason Robert Brown’s, Rivers, Wolff, Robert, Republic ”, isn’t, LEE Strasberg, Konstantin Stanislavsky’s, Fyodor Ivanovich, Strasberg, Israel Strassberg, Zalmon, Srulke, Joseph Stein, Sheldon Harnick, Jerry Bock’s “, Bette Midler, Jackie Hoffman, Photofest Stanislavsky, Theater’s, Isaac Butler, Stanislavsky, Harold Clurman, George Bernard Shaw, Henrik Ibsen, Clurman, Adler, Jacob Adler, Freud, Rebecca Naomi Jones, Ruthie Rivkin, Jerome Weidman, Harold Rome’s “, John Weidman, disown Strasberg, Sanford Meisner, Bobby Lewis, né, Marlon Brando, James Dean, Meisner, Robert Duvall, Lewis, Meryl Streep, Clifford Odets, Jacob Garfinkle, Jules Garfield, Odets, Sam Feinschreiber, Garfield, Ralph Berger, wasn’t, John, Tovah Feldshuh, Golda Meir, William Gibson’s, Aaron Epstein, exigencies, Bessie, Feinschreiber —, loveless, William Fox, Louis B, Mayer, Jack Warner, Marjorie Morningstar ”, Morgenstern, Marjorie, Natalie Wood, Anne Frank ”, Millie Perkins, Audrey Hepburn, Susan Strasberg —, Ibsen, Sholom Aleichem, August Wilson, Daveed Diggs, Thomas Jefferson, Lin, Manuel Miranda’s “ Hamilton ”, Adrian Lester, Emanuel Lehman —, Barbra Streisand, Marmelstein, George Silk, Miller’s, Sophie Okonedo, Elizabeth Proctor, Ben Whishaw, John Proctor, Jan Versweyveld, Don’t, — Bernstein, Stoppard, Schnitzler, Jeanine Tesori, Tony Kushner’s “ Caroline, Sharon D Clarke, Adam Makké, Noah Gellman, Leo, Stoppard —, Hermine, ” Leo Frank, there’s, Matthew Broderick, Eugene Jerome, it’s, Edelman’s, Queens bigots, David Yosef Shimon ben Elazar Reuven Alexander Halevi Edelman, Woody Allen, Joshua Harmon’s, — George Gershwin, Jerome Kern, Richard Rodgers, Porgy, Bess ”, Barns, Alex Edelman, Paula Vogel, Harvey Fierstein, Jordan Taylor Fuller, — that’s, Wendell Pierce, Friedman, Jacobs, Hirschfeld, Gershwin, Rodgers, PAULA VOGEL, BRANDON URANOWITZ, DAVID CROMER, MICAELA DIAMOND, TONY KUSHNER, Diamond, Monica Rich Kosann, Marco Bicego, JESSE EISENBERG, MATTHEW BRODERICK, AMY HERZOG, LESLIE RODRIGUEZ KRITZER, JOEL GREY, Herzog, Michael Kors, Kritzer, Marco, HARVEY FIERSTEIN, LIEV SCHREIBER, ETHAN SLATER, IDINA MENZEL, TINA LANDAU Organizations: Broadway, Broadway’s Lyceum, “, of Venice, New York Times, Defamation League, New York Public Library, Performing, Vandamm, Billy, Billy Rose Theatre Division, Performing Arts, New, Jacobs, Empire State, Nazi, Goyim Defense, The New York Public Library, Roman Catholic, New York City, Street, Moscow Art, Group, Hollywood, Disney, Everett, The New York Times, Philadelphia, Brit, Times Locations: Poland, American, kilts, E.Y, Harburg, Kilkerry, Kildare, Philadelphia, New York, Polish, Massachusetts, Vichy, Biloxi, Venice, Malta, of, ”, Germany, playgoers, Sweden, England, United States, Pittsburgh, Nazi, Brustein’s, Greenwich, Georgia, Gutenberg, “, Atlanta, Republic, New, Konstantin Stanislavsky’s Moscow, Russian, America, Moscow, Stanislavsky’s, Clurman, Eastern Europe, Czech, Austrian, Auschwitz, Heini, Southern, Brighton, Rivers, French Republic, “ Brigadoon

☆ Remain in high-quality stocks that can withstand volatile macro backdrop: Piper Sandler's Kantrowitz
▼ + stars: | 2023-11-28 | 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 EmailRemain in high-quality stocks that can withstand volatile macro backdrop: Piper Sandler's KantrowitzMichael Kantrowitz, chief investment strategist at Piper Sandler, joins 'Squawk on the Street' to discuss the big surprise to Kantrowitz investment thesis going into the year, what the firm's price target will theorize, and more.

Persons: Piper Sandler's Kantrowitz Michael Kantrowitz, Piper Sandler

☆ Russia and Ukraine are both beefing up their air defenses ahead of another winter of bombardment
▼ + stars: | 2023-11-27 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Ahead of another winter of war, Russia and Ukraine are bolstering their air-defense arsenals. The Russian military appears to be sacrificing elsewhere to reinforce its air defenses in Ukraine. AdvertisementAs the start of the second winter of their renewed war looms, both Ukraine and Russia are trying to beef up their air defenses. AdvertisementBut after two years of incessant barrages by Russian missiles and waves of Russian- and Iranian-made drones, Ukraine is running low on air-defense missiles and cannon ammunition. Russian missiles and drones have been a persistent menace to Ukrainian troops and civilians, but Russia has air-defense problems of its own.

Persons: —, Kostya, Ed Ram, Michael Kofman, Kofman, Ercin, Vitaly Nevar, Michael Peck Organizations: Service, Russian, Patriot, Ukraine's, Soviet, AIM, 9M, RIM, The Washington, Getty, Carnegie Endowment, International, Anadolu Agency, REUTERS, British Defence Ministry, Defence Ministry, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Ukraine, Ukraine's Soviet, America, Soviet, Russian, Kyiv, Ukrainian, Bakhmut, Moscow, Crimea, Baltic, Kaliningrad, Forbes

☆ Investors were betting big on crypto and some commodities with options during slow Thanksgiving week
▼ + stars: | 2023-11-27 | by ( Michael Khouw | ) www.cnbc.com time to read: +7 min

The 2.7 million individual trades were far lower than the 5.2 million trades from the Friday a week prior. In fact, the options market itself is saying there is only a 10% chance these calls expire in the money. Call spread risk reversal: Bought MSTR Dec. $600 call $15.40 Sold MSTR Dec. $650 call $8.85 Sold MSTR Dec. $430 put $7.20 Net credit = 65 cents When one sells a downside put one is taking the risk of purchasing the underlying at the strike of the put that is sold. The options flow in these ETFs suggests traders are betting on lower oil and gas prices. Several big names will be reporting earnings, here is a table of those that have weekly options, their earnings-related implied moves, and our options sentiment score.

Persons: Crypto, MARA, outpacing, ProShares UltraShort Organizations: Coinbase Global Inc, Marathon Digital Holdings, Microstrategy Inc, Bollinger Bands, Bloomberg, Oil, ProShares, Gas, ProShares UltraShort Bloomberg, United States Oil Fund, Hecla Mining Co, Royal, Inc, Intuit, Marvell Technology Locations: United States, Opec, Hecla, Kroger

☆ Germany's Kuehne examines offer for Signa's Hamburg skyscraper, Handelsblatt reports
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +1 min

View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsFRANKFURT, Nov 26 (Reuters) - German logistics entrepreneur Klaus-Michael Kuehne is examining a takeover of Signa Group's abandoned Elbtower high-rise project in his hometown of Hamburg, Handelsblatt reported. Discussions on the takeover by Kuehne are quite advanced, but no decision has been made, German newspaper Handelsblatt reported, citing a source. Signa, owner of New York's Chrysler Building and Britain's Selfridges store, and spokespeople for Kuehne and the city of Hamburg did not respond to requests for comment on Sunday. This led to the insolvency of its subsidiary Signa Real Estate Management Germany on Friday, Spiegel magazine reported.

Persons: Rene Benko’s Signa, Fabian Bimmer, Klaus, Michael Kuehne, Group's, Handelsblatt, Signa, Kuehne und Nagel, Hapag Lloyd, René Benko, Emma, Victoria Farr, Alexander Smith Organizations: REUTERS, Rights, Kuehne, Lufthansa, Chrysler, Real Estate Management, Spiegel, Thomson Locations: Hamburg Germany, Hamburg, Austrian, Real Estate Management Germany, Signa, Germany

☆ Goldman's rising star stocks are seeing the biggest increase in popularity among hedge funds
▼ + stars: | 2023-11-25 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Rising popularity from hedge funds can be a strong signal of outperformance in the near future for stocks, and Goldman Sachs highlighted which names the smart money is loving right now. The Wall Street bank analyzed the holdings of 735 hedge funds with $2.4 trillion of both long and short equity positions at the start of the fourth quarter, based on regulatory filings. Goldman then identified a slew of Russell 1000 stocks with the largest increase in number of hedge fund owners during the quarter. Kenvue , the consumer health business that Johnson & Johnson spun out as an independent company earlier this year, saw 48 hedge funds in total adding it as a holding last quarter, Goldman said. Hedge funds also piled into two merger arbitrage plays — Splunk and Capri Holdings — last quarter.

Persons: Goldman Sachs, Goldman, Russell, Kenvue, Johnson, Eli Lilly, Eli Lilly's, rocketed, Tapestry, Michael Kors, Jimmy Choo Organizations: Food and Drug Administration, Capri Holdings, Cisco, Capri

NEW YORK (AP) — Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending. Political Cartoons View All 1265 ImagesBut this year, retailers said more shoppers are focusing on deals and waiting until the last minute. Salesforce said online sales rose 1% to about $7.5 billion year-over-year on Thanksgiving, as retailers offered better deals. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago.

Persons: Yvonne Carey, Michael Kors, Cary, ” Carey, Jeff Gennette, Macy's, Gennette, Kohl’s, Brian Cornell, Salesforce, Sensormatic, Marshal Cohen, “, ” Cohen, ‘, Alexandra Olson, Anne Organizations: Herald, Macy’s Herald, Associated Press, Disney Princess, Target, New Jersey State Police Bomb Unit, Global, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Manhattan, Macy’s, New Jersey, New York City, U.S, New York

☆ Gen Z-ers and Millennials React to ‘L.A. Law’
▼ + stars: | 2023-11-23 | by ( The Styles Desk | ) www.nytimes.com time to read: +1 min

Until the streaming relaunch, the show was hard to find, existing in DVDs at junk shops and in the depths of Amazon Prime Video. In recent days the Styles journalists Melissa Guerrero, Sadiba Hasan, Callie Holtermann and Louis Lucero — all members of the Millennial or Gen Z generations who had never seen “L.A. Law” — watched the first three episodes on Hulu. They shared their observations with the editors Minju Pak and Jim Windolf, who were fans of the show in its heyday. It was the subject of workplace conversation and countless think pieces, and it won 15 Emmys before the final gavel in 1994.

Persons: “ L.A, ”, Seinfeld, Melissa Guerrero, Sadiba Hasan, Callie Holtermann, Louis Lucero —, ” —, Pak, Jim Windolf, Steven Bochco, Terry Louise Fisher, Harry Hamlin, Michael Kuzak, Corbin Bernsen, Arnie Becker, Jill Eikenberry, Ann Kelsey, Jimmy Smits, Victor Sifuentes, Susan Dey, Grace Van Owen, L.A, Law ” Organizations: NBC, Hulu, Amazon Prime

☆ Animatronic model of E.T.’s head expected to fetch up to $1 million at auction
▼ + stars: | 2023-11-22 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

The animatronic model from “E.T. the Extra-Terrestrial” is part of a sale organized by Julien’s Auctions and Turner Classic Movies, which, like CNN, is owned by Warner Bros. The model is expected to sell for up to $1 million. This model comes from Rambaldi’s own collection, as did the animatronic figure of E.T. His daughter, Daniela Rambaldi, recalls her father finding inspiration for E.T.’s expressive blue eyes from their family cat “Kikka,” the auction house said.

Persons: Steven Spielberg’s, E.T, Carlo Rambaldi, Daniela Rambaldi, Elliott, Michael Keaton, “, Harry Potter, Richard Harris, Albus Dumbledore, “ Harry Potter, America’s, America, Robert Downey Jr Organizations: CNN, Julien’s, Turner, Warner Bros ., Marvel, “, America Locations: Beverly Hills , California

☆ Meet the Thai celebrities — and ‘boys love’ stars — becoming fashion’s newest power players
▼ + stars: | 2023-11-21 | by ( Tiffany Ap | ) edition.cnn.com time to read: +10 min

(CNN) — Back in February, Nattawin Wattanagitiphat’s fans spared no expense in marking the Thai actor’s 29th birthday. Local media reported his birthday haul totaled 50 million Thai baht, or around $1.4 million. But more often than not, the Thai stars who are able to build international fan bases tend to be actors. “K-pop stars dedicated their lives training (from a young age) to be idols,” but Thai stars, she said, can be more relaxed. We don’t really keep the talent in a box like Korean companies do.”Another advantage some Thai celebrities have is their ability to resonate among Chinese audiences.

Persons: Nattawin, Christian Dior, Lefty.io, Karla Otto, TikTok, Kylie Jenner, Zendaya, Pascal Le Segretain, Dior, Tontawan Tantivejakul, Lalisa Manobal, Lisa, Celine, There’s, Pharrell Williams, Louis Vuitton, Davika Hoorne, Urassaya Sperbund, ‘, Calvin Klein, Bright’s, Metawin, ’, Nichapat, Sumettikul, “ KinnPorsche ”, Ralph Lauren, Kanawut, Suphap, It’s, “, ”, ” Suphap, Blackpink, Jisoo, Jennie, Rose, Evan Agostini, Dior womenswear, Jennifer Lawrence, Robert Pattinson, Fatti, ” Laleh, ” Davika Hoorne, Michael Kors, Jamie McCarthy, Traipipattanapong, Gucci, Justin Shin, Krisda Witthayakhajorndet, Thais Organizations: The, Fashion, CNN, Thai, Rolex, Vogue, Mastercard, Bain & Company, American Vogue, Burberry, Prada, Venture Management, Gucci, MTV, Apo, South Locations: ’, Asia, India, Instagram, Thailand, North, South Asia, Thai, Southeast Asia, Pacific, Bangkok, Pee Mak, Norwegian, American, Vogue Thailand, Newark , New Jersey, Launchmetrics, Paris, Blackpink, Brooklyn , New York, Seoul, South Korea

☆ Czech coach Silhavy quits due to barrage of criticism
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

Silhavy took charge of the national team in 2018 after they failed to qualify for the World Cup. "Sometimes I don't understand why, the anger and aggression (is directed towards me)," Silhavy was quoted as saying by news website iDnes.cz on Tuesday. His departure follows the team's 3-0 win over 10-man Moldova on Monday, which secured them a place in Euro 2024. Silhavy said the actions of the players -- who all featured in Friday's 1-1 draw with Poland -- disappointed him and helped confirm his decision to quit. "I don't think the guys did it for me to quit," Silhavy said.

Persons: Jaroslav Silhavy, Silhavy, iDnes.cz, Vladimir Coufal, Jakub Brabec, Jan Kuchta, Michael Kahn Organizations: FA, Slovan Liberec, Slavia Prague, West Ham, Thomson Locations: PRAGUE, Czech Republic, Moldova, Poland

☆ How Nobel economists spend their $1 million winnings
▼ + stars: | 2023-11-20 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Every year, researchers in economics are awarded the Nobel Prize, alongside a hefty sum in winnings. All you have to do is bag a Nobel Prize. Franco Modigliani, an MIT professor who nabbed the Nobel in economics in 1985 , got about $225,000 in winnings. But, ultimately, he wanted to spend his winnings according to his own research on people's saving and spending habits. So when he was asked how he'd spend what was, in 2017 dollars, around $1.1 million in winnings, Thaler told reporters : "I will try to spend it as irrationally as possible."

Persons: —, Alfred Nobel, Claudia Goldin, it's, Goldin, Lars Heikenstein, Franco Modigliani, Modigliani, I'm, Modigliani isn't, Elinor Ostrom, Oliver E, Williamson, Esther Duflo, Abhijit Banerjee, Michael Kremer, Sir Angus Deaton, Richard Thaler, he'd, Thaler Organizations: Service, Sveriges, Economic Sciences, Guardian, Nobel Foundation, MIT, Washington Post, Indiana University, National Academy of Sciences, Fund for Research, Development, Harvard University, Boston Globe, University of Chicago Locations: Stockholm, United States of America

The Americans held on to win the total-goals series 4-2 and earn spots in the 16-nation Copa América and the CONCACAF Nations League semifinals. As a team, the players, the staff, we need to hold him accountable.”Dest will be suspended for the Nations League semifinal in March. He missed this year’s Nations League final after getting a red card and a three-game ban for scuffling in the semifinal against Mexico. He’s going to learn. He’s going to grow.

Persons: Sergiño Dest, Tim Ream, “, ” Ream, Antonee Robinson, didn’t, Walter López, Andre Rampersad, “ It’s, Gregg Berhalter, ” Dest, López, Gio Reyna, Ream, Reyna, Turner, that’s, ” Berhalter, we’re, it’s, ”, Michael Kammarman, Philippe Moggio, Alvaro Urrutia, Moggio, Urrutia, “ Serge, he’s, Berhalter, He’s, we’ve, Paul Caligiuri’s, Robinson, Shannon Gomez, Denzil Smith, ” Robinson, ___ Organizations: Copa América, Trinidad, CONCACAF Nations League, U.S, Dest, Nations League, year’s Nations League, Mexico, CONCACAF Locations: United States, Port, Spain, U.S, Austin , Texas, Guatemalan, ” U.S, Costa Rica

☆ A less risky way to bet on a chip stock with a reasonable valuation ahead of earnings
▼ + stars: | 2023-11-20 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

These events could be company-specific, like earnings announcements, shareholder meetings, and presentations, or market-wide, such as macroeconomic data releases. An important part of our process is options market sentiment analysis . I've included that score related to our proprietary options market analysis in the table below. Options market sentiment analysis is a technique used to gauge investors' expectations and attitudes toward a particular stock or the market as a whole, based on options trading data. The benefit is that one is risking $3.30 in total, or about 1.8% of the current stock price.

Persons: I've Organizations: Devices, Deere, Deere & Co, DE Locations: HPQ

☆ 'We are at the very onset of a recession right now': A top Wall Street strategist shares a 'huge red flag' signaling the economy is heading into a downturn — sending stocks tumbling as much as 20%
▼ + stars: | 2023-11-18 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Right now, it's up 7.7% year-over-year and continues to rise, prompting Kantrowitz to say it's a "huge red flag for me." Still, while the unemployment rate is up to 3.9% from its 3.4% low earlier this year, unemployment claims have not spiked meaningfully. Piper Sandler"Regarding employment – I see enough data that has me convinced that we are at the very onset of a recession right now," Kantrowitz said. If the unemployment rate continues to tick upward, even slightly, it will likely trigger the Sahm rule mentioned above. Plenty of market onlookers see a recession in 2024, including DoubleLine Capital CEO Jeffery Gundlach and Citadel founder Ken Griffin.

Persons: Piper Sandler's Michael Kantrowitz, Kantrowitz, Piper Sandler, Sahm's, It's, Claudia Sahm, Jon Wolfenbarger, Wolfenbarger, Jeffery Gundlach, Ken Griffin, Goldman Sachs, Jan Hatzius, Brian Moynihan Organizations: Federal, Business, Institute for Supply Management's, Investor, Federal Reserve, National Federal, Independent, Treasury, Conference, DoubleLine Capital, Citadel, Bank of America

☆ Downtowns Are Full of Empty Buildings. Universities Are Moving In.
▼ + stars: | 2023-11-17 | by ( Michael Kimmelman | More About Michael Kimmelman | ) www.nytimes.com time to read: +2 min

I’ll say straight off: It’s not architecture for the ages, but it’s an interesting, high-end model of an urban quad and a good example of how struggling downtowns are finding a glimmer of hope as satellite campuses. In design jargon, the term is “adaptive reuse,” which is the same story as turning empty office towers into apartment buildings. Universities like Hopkins are not the ultimate cure-all for what now ails downtowns across America, though, especially since they don’t pay property taxes like for-profit companies. Downtowns are still struggling. WeWork, which presently rents more office space than any other company in the United States, filed for bankruptcy this month.

Persons: David Rockwell, Hopkins, Paul Levy Organizations: Johns Hopkins University Bloomberg Center, Rockwell Group, Philadelphia’s Center City District Locations: Pennsylvania, Washington, Texas, New York, America, United States, downtowns

☆ EFG shares jump 3% following record profitability
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

The logo of EFG International bank is seen at its headquarters in Zurich, Switzerland February 28, 2018. The bank's share price has risen more than 11% this year, and hit a year-high of 10.98 Swiss francs on Nov. 1. This is on top of its existing commitment to repurchase up to 6 million shares by Sept. 11, 2024 . At 144.1 billion Swiss francs, assets under management were only slightly higher than the 143.1 billion francs at the end of 2022. According to EFG, the growth in net new assets was largely offset by negative currency effects.

Persons: Arnd, Giorgio Pradelli, Zuercher, Michael Klien, EFG, Noele Illien, Sharon Singleton Organizations: International, REUTERS, Rights, EFG, Thomson Locations: Zurich, Switzerland, Swiss

☆ Where Are the Country’s Hottest Rental Markets?
▼ + stars: | 2023-11-16 | by ( Michael Kolomatsky | ) www.nytimes.com time to read: +1 min

What are the hottest rental markets in New York these days? The answers may come as a surprise: According to a new national study by RentCafe, as of October, Queens, N.Y., had the highest level of renter activity among the 150 largest metropolitan markets in the United States. But the real dark horse was Buffalo, which came in at No. With higher interest rates keeping potential buyers in the rental market across the country, rental activity and competition have ballooned. Queens was found to be the most popular location for renters looking for apartments on RentCafe.com, with 72 percent fewer available listings compared with last October.

Persons: ”, Alexandra Both Organizations: The Bronx, Bronx, Buffalo, Overland, Minneapolis, Cincinnati Locations: New York, Queens, N.Y, United States, Buffalo, RentCafe.com, Kan, Kansas City, Mo

☆ Using a stock replacement strategy to book some gains, but still benefit from a year-end bounce
▼ + stars: | 2023-11-16 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Both numbers topped estimates, and still the stock fell after hours, trading below $240 a share as of this writing. At nearly 9 times revenues and 45 times forward earnings estimates, PANW is not a cheap stock, moreover it is still up sharply on the year, and outperforming considerably. Stock replacement strategy One possibility is a stock replacement, selling one's stock holding and replacing that exposure with options. By using a call spread one can maintain some exposure to the upside in the event the stock bounces back. PANW YTD mountain Palo Alto Networks (PANW) CSCO on the other hand, by some measures at least, is a cheap stock, at just 13 times earnings.

Persons: PANW, we've, CSCO, Chuck Robbins, Scott Herren, ANET Organizations: Palo Alto Networks, Cisco, Verizon, Mobile, Comcast, Arista Networks, Broadcom, Flex, Nvidia, CNBC Locations: Palo

UKRAINE DIVERSIONReuters spoke to around a half dozen Czech and Polish defence companies and government officials who described renewed efforts to carve out a bigger share of the African arms market as the Ukraine conflict diverts Russia's attention. Privately-held defence and civil manufacturing company Czechoslovak Group - the biggest Czech defence company - said its ability to maintain and modernize armoured vehicles using Soviet-era standards has helped it win business in Africa. ...in Poland where our stand was visited by numerous delegations from African countries that appeared here for the first time," WB Group spokesman Remigiusz Wilk said. The effort to supply Ukraine has pushed Czech companies to boost production and expand supply lines, something Czech-based independent defence analyst Lukas Visingr said has burnished the region's reputation. "The Czech arms industry is stepping up its efforts towards certain African countries still using Soviet-style equipment but who start to see Russia as a problematic supplier," Visingr said.

Persons: David W Cerny, Jiri Hynek, Filip Kulstrunk, Andrej Cirtek, Pieter Wezeman, Sebastian Chwalek, –, Remigiusz Wilk, Petr Fiala, Tomas Pojar, Tomas Kopecny, Kopecny, Lukas Visingr, Visingr, Michael Kahn, Anna Koper, Alex Richardson Organizations: Aero Vodochody, REUTERS, Western, Central, Russia Czech, Defence, Western NATO, Warsaw, Defence and Security Industry Association of, Reuters, Aero, Privately, Czechoslovak Group, CSG, Stockholm International Peace Research Institute, WB Group, WB, Ivory, Thomson Locations: Odolena Voda, Czech Republic, Russia, Africa, PRAGUE, WARSAW, European, Western, Czechoslovakia, Czech, UKRAINE, Polish, Ukraine, Stockholm, China, Saharan Africa, Poland's, Poland, Ethiopia, Kenya, Ghana, Prague, Mozambique

Killing an all-but-completed movie would alienate the people Zaslav — or at least Hollywood — needed most: the people who made the movies. Under fire, Zaslav defended the decision in an earnings call with analysts, saying he shelved “Batgirl” to protect the DC brand. More quietly, Zaslav also sought cover in the authority of Bryan Lourd, the powerful co-chairman of Creative Artists Agency and a leading arbiter of Hollywood mores. As Zaslav told it to several associates, Lourd had supported the decision, observing that it wasn’t in the interest of C.A.A. “We have made unpopular decisions because they were necessary.”Hollywood was in trouble before David Zaslav came to town.

Persons: Zaslav, Wiedenfels, Batgirl ”, Michael Keaton, ”, Adil El Arbi, Bilall Fallah, Walter Hamada, Courtenay Valenti, Bryan Lourd, Lourd, Leslie Grace, “ Bryan Lourd, ’ ”, David Zaslav, “ Organizations: DC Comics, Hollywood, DC, Warner Brothers, Creative Artists Agency, Discovery, McKinsey, W.B.D Locations: Scotland, New York, Hollywood, W.B.D

☆ Inside David Solomon's evolution of Goldman Sachs
▼ + stars: | 2023-11-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at a fascinating deep dive into the state of Goldman Sachs, including an interview with CEO David Solomon. The big storyLong live GoldmanJon Krause for InsiderDid Goldman Sachs need to die to survive? The prestigious Wall Street bank has drawn plenty of bad headlines over the past few years, often focused on CEO David Solomon. AdvertisementMichael Kovac/Getty ImagesMcLean's story provides a fascinating look at not just Goldman Sachs' evolution but Wall Street's. Goldman COO John Waldron told McLean it's a "big, big issue" at the bank.

Persons: —, we've, it's, Goldman Sachs, David Solomon, What's, Goldman Jon Krause, Solomon, Bethany McLean, McLean, he's, hasn't, Michael Kovac, Banks, Goldman, John Waldron, McLean it's, wouldn't Goldman, Jerome Powell, Carlos Barria, Mark Zuckerberg, Jeff Bottari, Mark, TikTok, Ian Grandjean, Chatbots, Frederick Banting, Travis Barker, King Charles III, Yuna, Condoleezza Rice, Claude Monet, Ina, Terri Peters, Ina Garten, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Business, Enron, Brookings Institution, UBS, Moody's, Facebook, Google, Meta, Apple Locations: Washington, Roman, New York City, San Diego, London, New York

☆ Talent Agency CAA and Michael Klein Launch Sports and Media Investment Bank
▼ + stars: | 2023-11-13 | by ( Cara Lombardo | Joe Flint | ) www.wsj.com time to read: 1 min

Michael Klein is an omnipresent deal maker who launched M. Klein & Co. in 2012. Photo: Andrew Harrer/BLOOMBERG NEWSHollywood talent agency Creative Artists Agency and longtime deal maker Michael Klein are launching a new investment bank focused on sports, media and entertainment deals. CAA’s merchant bank, known as Evolution Media Capital, and advisory firm M. Klein & Co. are joining to form CAA Evolution, the companies told The Wall Street Journal. The combined firm aims to work on large media companies’ deals, sell sports teams and advise on capital raises including initial public offerings, little of which Evolution does currently.

Persons: Michael Klein, Andrew Harrer Organizations: Klein, Co, BLOOMBERG NEWS Hollywood, Creative Artists Agency, Evolution Media Capital, CAA, Wall Street

☆ How traders are positioning ahead of earnings this week, including an upside bet on this chip stock
▼ + stars: | 2023-11-13 | by ( Michael Khouw | ) www.cnbc.com time to read: +8 min

Let's review how options traders are positioned ahead of the key results due this week. A put seller is willing to get long the stock at the put strike in the event the stock price declines below that level — essentially they are selling insurance to other investors who are betting on a potential decline. So if you hold the stock, maybe wait until after earnings to sell covered calls, and if you don't, wait until after earnings to sell cash covered puts. We saw decent activity in the November $157.50 calls, however earnings were most likely not the catalyst that prompted the bullish activity. DISCLOSURES: (Long Home Depot, Target, TJX, Walmart, Applied Materials) THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .

Persons: Russell, Tyson, It's, Fisker Organizations: Tyson Foods, TSN, Target, Walmart, Materials, Taiwan Semiconductor, Applied Locations: LCID, 19times

☆ 'The damage has already been done': A 31-year market vet shares 3 pieces of evidence that the labor market is about to collapse, sending the economy into recession and the stock market spiraling
▼ + stars: | 2023-11-11 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The US economy added just 150,000 jobs, under the expected 180,000, and the unemployment rate rose to 3.9%, now 0.5% higher than its low earlier this year. Federal Reserve Bank of St. Louis/Bullandbearprofits.comSecond, the inverted yield curve is starting to steepen. An inverted yield curve has been an extremely reliable recession indicator over the last several decades. Bullandbearprofits.com"Proven leading indicators show that the unemployment rate is likely to start rising materially soon. Piper SandlerIn addition to the yield curve and employment indicators above, other recession indicators continue to point to a downturn ahead.

Persons: Jon Wolfenbarger, Merril Lynch, Wolfenbarger, Louis, bode, Piper Sandler's Michael Kantrowitz, Piper Sandler, Societe Generale's Albert Edwards, Edwards Organizations: JPMorgan, Federal Reserve Bank of St, National Federation of Independent, Fed, Bank of America, Societe Generale's, Generale, Edwards . Societe Generale Locations: lockstep, Edwards .

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