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For example, what does it mean when a stock or sector is described as "cyclical" or "secular"? Secular companies, on the other hand, are ones that can thrive regardless of the economy's health. During a recession, people must continue to eat and brush their teeth with the products of secular companies, he explained. That said, investors should aim to own both cyclical and secular stocks, he added. "Now you always want some cyclical stocks and some secular stocks in your portfolio, because you can never be completely sure where the economy's headed.
Persons: CNBC's Jim Cramer, Cramer
At the hands of Hamas, the Jewish people have endured horrors not seen since the Holocaust. My father hated that Hamas had dominated the conversation and positioned itself as the face of Gaza worldwide. Like many people from Gaza, my father knew that if you spoke up against these tyrannical oppressors, you were swiftly dealt with. Among the hard right, many people are conflating Palestinians with Hamas to justify the flattening of Gaza. The truth is, Hamas is not Gaza, and Gaza is not Hamas.
Persons: Yasmine Mohammed, , , Gazans, Israel, Qaeda, Bassem Organizations: Free, CNN, Hamas, Brotherhood, ISIS, Twitter Locations: Gaza, Israel, Egypt, San Francisco, Montreal, al Qaeda, Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer breaks down the different between 'cyclical' and 'secular' stocks'Mad Money' host Jim Cramer is simplifying Wall Street jargon into digestible bites for investors.
Persons: Jim Cramer
Bergen: How does Hamas impact the more secular Palestinian Authority, which controlled Gaza until 2007 before Hamas violently pushed them aside? They don’t have any other aims like Hamas because Hamas is a religious, social, political movement and terror organization at the same time. Yousef Masoud/The New York Times/Redux Smoke rises after Israeli strikes on the seaport of Gaza City on Tuesday, October 10. Tamir Kalifa/The New York Times/Redux Palestinians walk amid the rubble following Israeli airstrikes in Gaza City on October 10. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.
Persons: Peter Bergen, , CNN — Kobi Michael, Michael, Kobi Michael, Mohammed Deif, Marwan Issa, He’s, he’s, Deif, Israel, They’ve, Israel doesn’t, It’ll, Hatem Ali, Antonio Macías, Macías, Francisco Seco, Fatima Shbair, Mohammed Saber, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Violeta Santos Moura, Dor Kedmi, Mahmud Hams, Saher, Hatem Moussa, Abraham Cohen, Valentin Ghnassia, Ghnassia, Alexi J . Rosenfeld, Yuri Cortez, Yousef Masoud, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Khan, Abed Rahim Khatib, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Mohammed Abed, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Belal Khaled, Samar Abu, Amir Cohen, Ilai Bar Sade, Erik Marmor, Ali Jadallah, Oren Ziv, Ronen Zvulun, Majdi, Ilia Yefimovich, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ahmad Gharabli, Mustafa Hassona, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Yasser Arafat’s, David, Bill Clinton Organizations: New, Arizona State University, Apple, Spotify, CNN, Peter Bergen CNN, Tel, for National Security Studies, Palestinian, National Security Council, Ministry of Strategic Affairs, Hamas, Qassam, Israel, West Bank, Palestinian Authority, PLO, Israel Defense Forces, Gaza, Haim, AP, New York Times, Reuters, Getty, Aris Messinis, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, Shifa, Rockets, Israel's, United Nations, Reuters Police, Reuters Rockets, US Locations: New America, Gaza, Lebanon, Israel, Tel Aviv, Bergen, Iran, Qatar, Egypt, You’re, Palestinian, Jihad, Hamas, Gaza City, Rafah, Kfar Saba, Al, Israeli, Be'eri, Rehovot, AFP, Mount Herzl, Jerusalem, Kibbutz Be'eri, Sderot, Khan Younis, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Samar, Samar Abu Elouf, Yassin, Beitar Ilit, Ramat Gan, Kiryat Shmona, Itai, Beit Hanun, Rishon Lezion, Samaria, Saudi Arabia, United States of America
Mapping the Conflict Between Israel and Hamas
  + stars: | 2023-10-13 | by ( Christopher Wolf | Devon Haynie | Oct. | ) www.usnews.com   time to read: +6 min
The recent attacks on Israel by Hamas have reignited one of the most intractable conflicts in the Middle East. The surprise assault by the group's militant wing on Oct. 7 left nearly 1,300 dead, mostly Israeli civilians. Within Israel lies the Gaza Strip, a Palestinian territory controlled by the militant group Hamas. On Oct. 8, a day following the Hamas attack, Hezbollah exchanged rocket fire across the Lebanese border with Israel. In the days that followed, Israeli forces drove Hamas back into the Gaza Strip, regaining control of the infiltrated towns, though Hamas took hostages with them.
Persons: It’s, Fatah, Mahmoud Abbas, Jordan, Jerusalem’s, Israel Organizations: Hamas, Israel, West Bank, Palestinian Authority, State Department, Israel Defense Forces Locations: Israel, Gaza, Palestinian, Egypt, Sinai, , Lebanon, Iran, Lebanese, Jordan, Aqsa, Syria, Damascus, Aleppo, London, New York City, Wadi, Rafah, U.S
A brief history of Gaza's centuries of war
  + stars: | 2023-10-13 | by ( ) www.reuters.com   time to read: +9 min
1950s & 1960s - Egyptian military ruleEgypt held the Gaza Strip for two decades under a military governor, allowing Palestinians to work and study in Egypt. 1967 - War and Israeli military occupationIsrael captured the Gaza Strip in the 1967 Middle East war. An Israeli census that year put Gaza's population at 394,000, at least 60% of them refugees. Hamas formedTwenty years after the 1967 war, Palestinians launched their first intifada, or uprising. Israeli air strikes crippled Gaza's only electrical power plant, causing widespread blackouts.
Persons: Alexander the Great, King David ., Napoleon, shutdowns, Yasser Arafat's, Arafat, Agha, Khan Younis, Abu Mustafa, Israel, Israel evacuates, Mahmoud Abbas, Abdel Fattah al, Stephen Farrell, Nidal, Rosalba O'Brien, Chris Reese Organizations: Crusaders, United Nations, UNRWA, West Bank, Hamas, Brotherhood, Fatah, Palestine Liberation Organization, Oslo Accords, Palestinian Authority, REUTERS, Palestinian, Gaza International, Thomson Locations: Gaza, Gaza City, Asia, Africa, Ottoman Empire, British, Palestine, Israel, Sinai, Ashkelon, Egypt, Jordan, Lebanon, Syria, Israeli, Gaza's Jabalya, Oslo, Palestinian, Jericho, Authority, United States
HSBC initiates American Express as buy HSBC said it sees healthy earnings growth for American Express . Mizuho reiterates Meta as buy Mizuho said it's standing by its buy rating heading into earnings later this month. Bernstein reiterates Tesla as underperform Bernstein concluded in an analysis of Tesla that the company is more of an automaker than a tech company. Barclays upgrades Varonis Systems to overweight from equal weight Barclays said it sees numerous positive catalysts ahead for the software company. Northland upgrades SolarEdge to outperform from market perform Northland said investors should buy the dip in shares of SolarEdge .
Persons: Cowen, NVDA, Mizuho, Stephens, Bernstein, Tesla, underperform Bernstein, Warren Buffett, Hershey, Morgan Stanley downgrades JD.com, Morgan Stanley, Gordon Haskett, Todd Vasos, Jeff Owen, Read, Wolfe, today's, Baird, Needham, Oppenheimer, Wells, LULU, Meghan Frank, Howard Tubin Organizations: HSBC, American, American Express, Bank of America, Nvidia, Meta, Barclays, Varonis, Hershey, JPMorgan, Post Holdings, Netflix, Citi, Oshkosh, Lam Research, Materials, Supply, VP Locations: 4Q22, Northland, SolarEdge, Israel, California
Semiconductors are looking undervalued, thanks to the selloff in some parts of the sector, according to Morningstar. That's even more undervalued than the wider tech sector, which it believes is 5% undervalued. Morningstar noted such stocks have sold off a little in September, especially in analog and mixed signal names — two types of chips in the semiconductor industry — and even in artificial intelligence chipmakers. Outside the AI sector, the firm also likes autos, expecting more chips to be used in cars, especially electric vehicles, in the years to come. That will enable the company to achieve high single-digit long term revenue growth, Morningstar said.
Persons: Morningstar, Brian Colello, Jack Keegan, it's Organizations: Nvidia, Infineon Technologies, NXP Semiconductors, Qualcomm, Morningstar, Skyworks Locations: Taiwan
Goldman Sachs reiterates Amazon as buy Goldman Sachs said it's standing by its buy rating ahead of earnings later this month. Citi reiterates Netflix as buy Citi said it's standing by its buy rating on the stock heading into earnings next week. Bank of America reiterates Ford as buy Bank of America said its standing by its buy rating on the stock despite the strike at Ford's largest truck plant. Bank of America upgrades Target to buy from neutral Bank of America said it sees an attractive risk/reward for Target shares. " RBC downgrades ResMed to sector perform from outperform RBC said in its downgrade of ResMed that it sees slowing earnings growth.
Persons: Warby Parker, BTIG, Goldman Sachs, Morgan Stanley, it's, JPMorgan, Bernstein, underperform Bernstein, CLX, Ford, Wells, Wells Fargo, Truist, it's bullish, D.A, Davidson Organizations: Citi, Netflix, 4Q23, Barclays, Spotify, Taiwan Semiconductor, JPMorgan, RBC, BMO, Bank of America, Ford's, UAW, Detroit, underperform Bank of America, 3Q, Microsoft, " Bank of America, of America, Exxon Mobil, Exxon, Pioneer, Seaport, Mizuho Locations: 2H24
VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom's (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly. China's State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter. Approval of the $60 billion purchase will boost shares of chipmaker Broadcom significantly, CNBC's Jim Cramer said, citing the company's artificial intelligence efforts as another bonus. Cramer said that both stocks will continue trading higher despite an overall trying day for equities following a hotter-than-expected consumer price index print. "It's a bad day for the market because [Fed chief] Powell is a forgiving man and he's worried about the working person," Cramer said.
Persons: Jim Cramer's, CNBC's Jim Cramer, Cramer, Powell Organizations: VMware, Administration, Broadcom Locations: China
This July 1938 shows workers in the orange grove of the Na'an kibbutz. Deganya, which is still inhabited today, is considered Israel’s first kibbutz. But the kibbutzniks, as kibbutz residents are known, are still largely viewed as left-leaning. Israeli forces extract dead bodies of Israeli residents from a destroyed house in Kfar Aza on Tuesday. Neta is missing from Be’eri kibbutz, a community of about 1,000 near Gaza known for its successful printing press and art galleries, where more than 100 bodies have been found.
Persons: Kluger Zoltan, Israel, Bernie Sanders –, Ilan Troen, Deborah Matias, Hayim Katsman, , Adrienne Neta, Be’eri “, , Ilia Yefimovich, Katsman, Britney Spears, Rihanna, Justin Timberlake, Kfar Aza, , Jonathan Conricus Organizations: CNN, Jewish Virtual Library, Bettmann, Volunteers, Jewish Agency for Israel, West Bank, Brandeis University, Israel Locations: Galilee, Europe, Ottoman, AFP, Israel, Thailand, Jerusalem, Gaza, Massachusetts, Kfar Aza, Be’eri
Doctors Without Borders in Gaza said 100% of patients treated on Wednesday were kids. Doctors Without Borders told Insider that, on Wednesday, in fact, 100% of their patients were children. That blockade is one of the biggest concerns for Doctors Without Borders staff, Brienne Prusak, a spokesperson with the nonprofit, told Insider. "Everything that was available has been purchased and distributed within the local markets, and it's impossible to get aid from outside," Sosebee told Insider. "When this ends, we can only imagine the amount of effort and attention that needs to go into trying to repair the damages in Gaza," Sosebee told Insider.
Persons: , Yoav Gallant, Ayman Al, Djaroucha, Israel, Brienne Prusak, Prusak, Steve Sosebee, Sosebee Organizations: Service, Israeli, Palestinian Fatah, Borders, Palestine Children's Relief Fund, Palestine Children's, Palestinian Ministry of Health, United Nations Locations: Gaza, People, Gaza City, Palestinian, Israel, Philadelphia, Egypt
[1/3] Dmitry Muratov, editor of the now-banned independent newspaper Novaya Gazeta, stands in a courtroom before a hearing of the case of Russian veteran human rights campaigner Oleg Orlov, accused of discrediting Russia's armed forces, in Moscow, Russia October 11, 2023. Orlov, 70, was defending himself in a case based on a November 2022 article in which he wrote that Russia under President Vladimir Putin had descended into fascism. "Where is it defined that our commander-in-chief (Putin) always rightly understands not only the interests of Russia, but the interests of its citizens?" Orlov asked in his closing speech at a trial which began in June. "And if the ideas of a part of Russia's citizens about their own interests don't match those of the commander-in-chief, don't they have the right to talk about this?"
Persons: Dmitry Muratov, Oleg Orlov, Russia's, Evgenia, Orlov, acquit, Vladimir Putin, Putin, Vladimir Kara, Murza, Alexei Navalny, Gareth Jones Organizations: Novaya Gazeta, REUTERS, Memorial, Thomson Locations: Moscow, Russia, Ukraine
A Brief History of Gaza's 75 Years of Woe
  + stars: | 2023-10-10 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +8 min
Hamas formedTwenty years after the 1967 war, Palestinians launched their first intifada, or uprising. It began in December 1987 after a traffic accident in which an Israeli truck crashed into a vehicle carrying Palestinian workers in Gaza's Jabalya refugee camp, killing four. Israel stopped tens of thousands of Palestinian workers from entering the country, cutting off an important source of income. Israeli air strikes crippled Gaza's only electrical power plant, causing widespread blackouts. Israel took revenge, hammering Gaza with air strikes and razing entire districts in some of the worst blood-letting in the 75 years of conflict.
Persons: shutdowns, Yasser Arafat's, Arafat, Israel, Israel evacuates, Mahmoud Abbas, Abdel Fattah al, Stephen Farrell, Nidal, Rosalba O'Brien, Chris Reese Organizations: Reuters, United Nations, UNRWA, West Bank, Hamas, Brotherhood, Fatah, Palestine Liberation Organization, Oslo Accords, Palestinian Authority, Palestinian, Gaza International Locations: Gaza, Ottoman Empire, British, Palestine, Israel, Sinai, Ashkelon, Egypt, Jordan, Lebanon, Syria, Israeli, Gaza's Jabalya, Oslo, Palestinian, Jericho, Authority, United States
A brief history of Gaza's 75 years of woe
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: +8 min
Hamas formedTwenty years after the 1967 war, Palestinians launched their first intifada, or uprising. It began in December 1987 after a traffic accident in which an Israeli truck crashed into a vehicle carrying Palestinian workers in Gaza's Jabalya refugee camp, killing four. Israel stopped tens of thousands of Palestinian workers from entering the country, cutting off an important source of income. Israeli air strikes crippled Gaza's only electrical power plant, causing widespread blackouts. Israel took revenge, hammering Gaza with air strikes and razing entire districts in some of the worst blood-letting in the 75 years of conflict.
Persons: shutdowns, Yasser Arafat's, Arafat, Israel, Israel evacuates, Mahmoud Abbas, Abdel Fattah al, Stephen Farrell, Nidal, Rosalba O'Brien, Chris Reese Organizations: United Nations, UNRWA, West Bank, Hamas, Brotherhood, Fatah, Palestine Liberation Organization, Oslo Accords, Palestinian Authority, Palestinian, Gaza International, Thomson Locations: Gaza, Ottoman Empire, British, Palestine, Israel, Sinai, Ashkelon, Egypt, Jordan, Lebanon, Syria, Israeli, Gaza's Jabalya, Oslo, Palestinian, Jericho, Authority, United States
Bank of America reiterates Apple as neutral Bank of America said Apple Services is the "next leg of growth." UBS reiterates Skechers as buy UBS said it's standing by its buy rating on shares of the shoe company. JPMorgan reiterates Disney as overweight JPMorgan lowered its price target on the stock to $120 per share from $125 but said it's standing by its overweight rating. Bank of America reiterates Block as buy Bank of America said investors should buy the dip in shares of the company formerly known as Square. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it's standing by its overweight rating on Microsoft shares.
Persons: Wells, Wells Fargo, Jefferies, Tesla, it's, Skechers, Daiwa, JPMorgan downgrades Corning, JPMorgan, TD Cowen, O'Reilly, Cowen, Morgan Stanley Organizations: UBS, Bank of America, Apple, of America, Apple Services, Google, DOJ, Citi, Huawei, JPMorgan, Disney, ESPN, Arts, EA, " Bank of America, Trust, Northern Trust, Holdings, Juniper Networks, Enterprise, Microsoft Locations: North America, China, Hulu, Juniper, Corning
Goldman Sachs reiterates Netflix as neutral Goldman said it's standing by its neutral rating heading into earnings next week. Barclays reiterates Disney as equal weight Barclays said it's cautious on Disney heading into earnings in early November. JPMorgan reiterates Apple as overweight JPMorgan said its Apple survey checks show product delivery times are moderating. Bank of America initiates Motorola Solutions as buy Bank of America said Motorola is "well-positioned with multiple tailwinds supporting growth." Bank of America downgrades Datadog to neutral from buy Bank of America said it's concerned about slowing demand for the software company.
Persons: Wells, JPMorgan, Domino's, Goldman Sachs, Goldman, it's, Baird, Tesla, TSLA, Jefferies, Redburn, Evercore, Lennox, Piper Sandler, Piper Organizations: Meta, JPMorgan, Arm Holdings, Bank of America, Netflix, Barclays, Disney, ESPN, Apple, Holdings, " Bank of America, Motorola Solutions, Motorola, American, Spotify, Oracle, Citi, Patterson, UTI Energy Locations: Datadog, SASE, CY26
Consensus estimates for the third quarter were recently lowered with expectations for flat revenue growth and slightly positive earnings growth. The three stocks below are also growing revenues, earnings, cash flows, and dividends as they have fundamentally attractive businesses that are less cyclical. Motorola Solutions (MSI) is a video and telecommunications equipment, software, systems, and services provider with an annual yield of 1.28%. It has an annual yield of 1.38%. And Eaton Corporation (ETN), is a power management company with an annual yield of 1.68%.
Persons: Saira Malik, Malik, I'm Organizations: Investors, Treasury, Retail, Walmart, Motorola Solutions, Linde, Eaton Corporation
JPMorgan reiterates Exxon as overweight JPMorgan said it's standing by its buy rating on the oil and gas giant. Seaport initiates Netflix as buy Seaport said it sees plenty of upside in shares of Netflix. JPMorgan upgrades Eaton to overweight from neutral JPMorgan said the industrial and electrical company is best in class. UBS reiterates Levi's as buy UBS said Levi's is still an attractive stock despite the company's disappointing earnings report Thursday. " JPMorgan upgrades Apellis to overweight from neutral JPMorgan said the pharmaceutical company is well-positioned for more upside.
Persons: Piper Sandler, Bernstein, Disney, XOM, Jefferies, TD Cowen, Cowen, Eaton, Eli Lilly, Doug McMillon, Berenberg, Morgan Stanley, Meta, Levi's, Oppenheimer downgrades O'Reilly, AutoZone, Oppenheimer, it's, Truist Organizations: Disney, Netflix, Hulu, JPMorgan, Exxon, Barclays, Nvidia, Intel, Gaudi, Citi, Discover Citi, DFS, Seaport, Bank of America, Energy, of America, Apple, Vegas, Prix, Clearway Energy, Walmart, United Auto Workers, Auto, Meta, UBS Locations: Parks, NVDA, China, ETN, TEL, AZO, ORLY
The Philippines is a deeply Christian country and the Catholic Church maintains significant influence both in daily life and politics. Social media videos of drag queen Pura Luka Vega singing to a rock version of The Lord's Prayer while dressed as Jesus became a topic of debate in the Philippines. Multiple politicians, including senators, also went on Philippine television shows to criticize the drag artist’s performance, calling it blasphemous, disrespectful and offensive. ‘Denied my rights’The drag artist has previously apologized to those who “felt uncomfortable” about their performance. But Secillano stopped short of commenting whether the church viewed Pagente’s arrest as the right thing to do to defend the faith.
Persons: Jesus Christ, Amadeus Fernando Pagente, Pura Luka Vega, , belting, revellers, Jesus, Christian Manalon, Pagente, Hijos Del, Lord Jesus, Father Jerome Secillano, , Secillano, Carlos Conde, Vega, , ” Conde, Rod Singh, Singh, ” Singh Organizations: CNN, Catholic Church, Pura Luka, Catholic, Del, Black Nazarene, Nazarene, CNN Philippines, Catholic Bishops ’ Conference of, Human Rights Watch, Amazon Prime Locations: Philippines, Manila, Del Nazareno, Mexico, Quezon City, Hijos Del Nazareno, Philippine, Vatican City
The issue has exposed deep divisions between his nationalist-religious supporters and more liberal and secular sections of Israeli society, posing major questions about the constitutional foundations of Israel and its future direction. Over 2,600 Israelis including Zwebner's brother were killed, the largest loss of life Israel has ever suffered in a single war. For many front-line soldiers, the war remains a traumatic event but the feeling many express five decades later is pride in having helped save their country. "I had a meeting with my friends this week which really made me emotional, but you feel very much like you saved the existence of Israel," Zwebner said. For Zwebner, who himself opposes the judicial overhaul, a lesson of the 1973 war was that people had to be prepared to think for themselves rather than blindly accepting what leaders of any kind said.
Persons: Uzy, Yonti, Amir Cohen, Uzy Zwebner, Golda Meir, Benjamin Netanyahu, Ehud Barak, Herzi Halevi, Israel, Jordan, Abraham, Zwebner, Mark Heinrich Our Organizations: REUTERS, Rights, Labour Party, ISRAEL, U.S, Abraham Accords, Thomson Locations: Sinai, Kippur, Tel Aviv, Israel, Yom Kippur, Golan, Soviet Union, Egypt
They’re the atheists, the agnostics, the “nothing in particular.” Many are “spiritual but not religious,” and some are neither or both. “I grew up Methodist, but I don’t follow any religion,” said John, 32. But nones said in interviews they were happy to leave religion behind, particularly in toxic situations, and find community elsewhere. While they don’t describe their explorations as spiritual, they aim to inspire wonder and purpose in their children. ___Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: Mike Dulak, , Dulak, , Ryan Burge, they’re, Emma Komoroski, Alric Jones, , Jones, ’ ”, he’ll, I’m, ” Jones, agnostics, ” Burge, ” Dulak, “ It’s, Burge, It’s, I’ve, Mia Vogel, I’ll, Alcoholics Anonymous, Jay Geisler, “ there’s, Geisler, GUS, Guy, , ’ ” Geisler, John, Linda, nones, ” Marjorie Logman, doesn’t, Logman, hadn’t, “ I’m, Ashley Miller, Miller, Linley Sanders, Emily Swanson, Jessie Wardarski Organizations: Catholic, Southern Baptist, Eastern Illinois University, Associated Press, NORC, for Public Affairs Research, AP, Christianity, University of Missouri, Alcoholics, Episcopal, Pittsburgh Recovery Center, Methodist, Lilly Endowment Inc Locations: Southern California, Rocheport , Missouri, Catholic, Southern, , U.S, Ozark, Arkansas, Missouri, Michigan, Mt . Vernon , Illinois, Aurora , Illinois, Adria
Net sales for the three months ended Aug. 31 climbed 7% year-over-year, to $2.84 billion, ahead of Wall Street's expectations of $2.82 billion, according to Refinitiv. Quarterly results Beer sales climbed 12% year-over-year, to $2.4 billion. Those factors more than offset tailwinds of sales growth, positive pricing dynamics and efficiency gains. Modelo Especial remains the top brand share gainer and leading brand "in the entire U.S. beer category in dollar sales." The company expects "net sales growth and operating income growth of that business to ramp up through the remainder" of fiscal year 2024.
Persons: , Depletions, I'm, Bill Newlands, Newlands, Jim Cramer's, Jim Cramer, Jim, Susana Gonzalez Organizations: Constellation Brands, Constellation, Modelo Especial, Cinco de, Labor, Wall Street, Management, CNBC, Constellations Brands Inc, Grupo Modelo, Bloomberg, Getty Locations: Modelo, Corona, U.S, Cinco de Mayo, Zona Rosa, Mexico City
Tom Barkin, president of the Richmond Fed, recently commented on housing on the "Odd Lots" podcast. Home prices have stayed high as the pandemic sparked a "secular change" in the way people think about housing. That could mean sectors other than housing will need to see slowdowns, he suggested. AdvertisementAdvertisementHe added that the housing market ultimately remains imbalanced, and that could mean sectors other than housing will need to see slowdowns. But relative prices move all the time, and if what we've seen is a secular shift toward more demand for housing, that might mean somewhat less lessening of housing prices and somewhat more lessening of other prices."
Persons: Tom Barkin, , Barkin Organizations: Richmond Fed, Service
Sheinbaum, a 61-year-old former Mexico City mayor and longtime political ally of Lopez Obrador, hit all the right notes in thanking him. Lopez Obrador promises to ‘retire completely’Schettino believes the immensely popularly Lopez Obrador views Sheinbaum as his extension in power. In 2012, Lopez Obrador created Morena as a political party. “President López Obrador, a dinosaur who not only is a dinosaur, but also has the vocation of a tyrant. Earlier this year, Lopez Obrador denied he had any favorites among his party’s hopefuls or that he was pushing for one candidate or another behind the scenes.
Persons: Andrés Manuel López Obrador, Claudia Sheinbaum, Lopez Obrador, Morena, Sheinbaum, , , Xochitl Gálvez, It’s, Lopez, Xochitl Galvez, wasn’t, Gálvez, López Obrador, Vicente Fox, Gálvez unapologetically, Macario, she’s, don’t, ” Schettino, , let’s, it’s, ” Sheinbaum, , Schettino, hew Organizations: CNN, Mexico City, Broad Front, PAN, PRI, PRD, Front, Mexican Congress, Social, Institutional Revolutionary Party, Party of Democratic Locations: Mexico City, Mexico, Monterrey, Mexican, Mexico’s
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