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On Sunday, the artist claimed another artwork depicting piranhas which appeared on a police box near the Central Criminal Court, known as the Old Bailey, in London. A new design of swimming fish by Banksy, which appeared on a police box in the City of London, is cordoned off Monday. A spokesman for the City of London Corporation said it was looking at options to preserve it. The wolf design was seen taken down by men who carried it off on the same day it was revealed. Banksy began his career spray-painting buildings in Bristol, England, and has become one of the world’s best-known artists.
Persons: Banksy, Bailey, Emily Pennink Organizations: Central Criminal Court, Banksy, City of, AP, City of London Corporation Locations: London, Charlton, City, City of London, Walthamstow, Bristol, England
London AP —Workers arriving at the London Zoo early Tuesday were surprised to discover an unexpected exhibit that suggested the animals were being set free. A mural by elusive street artist Banksy showed a gorilla holding up the entrance gate as birds took flight and a sea lion waddled away. James Warren/SIPAPRE/APThree monkeys by Banksy adorn a bridge over Brick Lane in London on August 7, 2024. Aitor Alcalde/Getty ImagesEach of the works posted on Banksy’s Instagram page have included a London Zoo hashtag, said Dan Simmonds, animal operations manager at the zoo. It was not clear if the zoo mural would be the final in the series.
Persons: Banksy, James Warren, Aitor, Dan Simmonds, ” Simmonds, , Carl Court, Simmonds, Organizations: London AP — Workers, London Zoo, Aitor Alcalde, Getty, Cyclists, selfies Locations: London, Charlton, Brick Lane, London's Chelsea, Bristol, England, City
It was meant to be another night of violence at the hands of the far right. “It shows that when everyone comes out to support, their numbers dwindle.”Large crowds gathered at an anti-racism protest in Walthamstow on Wednesday, where far-right violence had been expected. The fury simmering in a subset of White Britain remains a live danger; these riots were shocking, but not entirely surprising. “I normally walk through this city center all the time,” Nadeem Akhtar, 18, told CNN in the northern English city of Sheffield, where angry riots took place. Tommy Robinson, the figurehead of Britain’s far right, was reinstated to X (then Twitter) days after Elon Musk bought the platform.
Persons: ” Ahmed Hussain, ” Nadeem Akhtar, don’t, , ” Jesse Bernard, , we’ve, Ian Forsyth, disruptors, Tommy Robinson, Elon Musk, Robinson, Justin Tallis, provocateur Laurence Fox, Fox, Starmer, Keir Starmer, Musk, Keir ” –, ” Paul James McDermott, , ” McDermott Organizations: London CNN, Police, CNN, Reuters, Elon, Getty, Britain’s, Downing Locations: Walthamstow, London, Britain, English, Sheffield, Middlesborough, Bristol, British
A logo on the headquarters of Hargreaves Lansdown Plc in Bristol, UK, on Thursday, Aug. 8, 2024. LONDON — British investment platform Hargreaves Lansdown said on Friday it had agreed to a takeover offer equivalent to £5.4 billion ($6.9 billion) by a group of investors including CVC Group. Shareholders in Hargreaves Lansdown — the U.K.'s biggest stockbroker — will get 1,110 British pence per share and a dividend of 30 pence per share under the deal, the company said. The news comes after the company in May rejected an offer from the consortium of £4.7 billion, or 985 pence per share. At the time, Hargreaves Lansdown said the bid "substantially" undervalued the company and its prospects.
Persons: Hargreaves Lansdown, Abu, Organizations: LONDON, CVC Group, Nordic Capital Locations: Bristol
Baseball fans, start your engines. Major League Baseball announced Friday that NASCAR's iconic Bristol Motor Speedway will host a regular-season MLB game for the first time next year. It will also be the first in-season MLB game to be held in Tennessee. The game next August is likely to break the single-game attendance record for a Major League Baseball game. This announcement comes as Major League Baseball makes a renewed to expand the game to new venues and fans across the United States and globally.
Persons: Rob Manfred, Hall, Hall of Famer Willie Mays Organizations: Baseball, Major League Baseball, Bristol Motor, Atlanta Braves, Cincinnati Reds, MLB, Los Angeles Memorial Coliseum, Los Angeles Dodgers, Boston Red Sox, Chicago White Sox, New York Yankees, Rickwood, Negro Leagues, Hall of Famer Locations: Tennessee, America, United States, Fort Bragg , North Carolina, Dyersville , Iowa, Birmingham , Alabama, Tokyo, Mexico City, Paris, San Juan , Puerto Rico
The first round of Medicare drug price negotiations has come to an end – but we still don't know the final prices that the U.S. government and pharmaceutical companies have agreed on. They all maintain that Medicare drug price negotiations are a long-term threat to the pharmaceutical industry's drug innovation and profits, but the immediate dust has somewhat settled. That's based on executive commentary during the recent quarterly earnings calls of Bristol Myers Squibb and Johnson & Johnson , among other companies. Novartis CEO Vasant Narasimhan said on July 18 that the short-term impact from Medicare drug price negotiations "might be manageable on our first set of drugs." Executives at each of the drugmakers similarly emphasized their opposition to Medicare drug price negotiations on their respective earnings calls.
Persons: Joe Biden, Johnson, Joe Biden's, Christopher Boerner, Bristol Myers, Robert Michael, We've, Michael, Jennifer Taubert, Vasant Narasimhan, Narasimhan, Bristol Myers Squibb's Boerner, Boehringer Ingelheim, Annika Organizations: National Institutes of Health, Medicare, Bristol Myers Squibb, Johnson, Pfizer, J, Novartis, Merck, Novo Nordisk, AstraZeneca Locations: Bethesda , Maryland, U.S, annikakim.constantino@nbcuni.com
Five countries have now issued travel and safety warnings to their citizens living or visiting the U.K. as riots and street disorder continue to plague the country. Unrest continued in parts of the U.K. on Monday night, with Belfast in Northern Ireland seeing further disorder, as well as the northern town of Darlington and Plymouth on the south coast. Since the rioting began a week ago Tuesday, 378 arrests have been made, the National Police Chiefs' Council said Monday. Other instances of disorder have also been seen across the country, from towns including Rotherham and Middlesbrough to larger cities such as Bristol, Leeds and Hull. Tourist hotspot London has not seen any significant disturbances.
Persons: Manchester — Organizations: United, Manchester, National Police Chiefs, Rotherham, Middlesbrough, Hull Locations: United Arab Emirates, Nigeria, Malaysia, Indonesia, Australia, England, Northern Ireland, Liverpool, Belfast, Darlington, Plymouth, Bristol, Leeds, London
This grabbed the attention of U.K.-based French studies professor Martin Hurcombe, who specializes in French history and culture. French fans cheer during the women's cross-country cycling mountain bike event during the Paris Games on July 28. French fans have been wildly cheering for their athletes and team throughout these Olympic Games. Spectators celebrate as France's Leon Marchand wins the gold medal in men's 200-meter individual medley final at the Paris Games. I think it was a moment and there's a risk with these Olympics, as well, that this is (just) a moment."
Persons: , Jérémy Boutier, France's Leon Marchand, Sarah Stier, Emmanuel Macron, Martin Hurcombe, Jared C, Tilton, Hurcombe, Amélie Oudéa, hasn't, Sameer Al, Léon Marchand, Tom Vanden Brande, Vanden Brande, Yolaine Wilson, it's, Zinedine Zidane, Lilian Thuram, Marcel Desailly, Christian Karembeu, Patrick Vieira, Dar Yasin, We've Organizations: Olympics, NBC News, Paris Games, Getty, University of Bristol, French Sports, Olympic Games, Olympic, Nigeria, Paris La Défense, French, France Locations: France, AFP, Paris, French West Indies, Ghana, New Caledonia, Senegal
UK's Starmer to hold emergency meeting as riots intensify
  + stars: | 2024-08-05 | by ( ) www.cnbc.com   time to read: +1 min
British Prime Minister Keir Starmer will hold an emergency meeting with police chiefs on Monday after days of violent anti-immigration protests intensified, with buildings and vehicles torched and hotels holding asylum seekers targeted. Riots have erupted across towns and cities in the last week after three girls were killed in a knife attack in Southport in northwest England, with 420 people arrested so far. Police have said the suspect was born in Britain and are not treating it as a terrorist incident. Interior minister Yvette Cooper said rioters had felt "emboldened by this moment to stir up racial hatred", with bricks thrown at police officers, shops looted and mosques and Asian-owned businesses attacked. In Rotherham, northern England, protesters sought to break into a hotel that housed asylum seekers.
Persons: Keir Starmer, Yvette Cooper Organizations: British, Police, Belfast Locations: Southport, England, Britain, Liverpool, Bristol, Tamworth, Middlesbrough, Northern Ireland, Rotherham
One police officer in the city was hit on the head with a chair and another kicked and knocked off his motorcycle. The police force responsible for the region has confirmed that two officers were taken to the hospital with injuries. Police officers face off with protesters during a far-right demonstration in Bristol, England. The latest demonstrations puncture any idea that Starmer’s center-left government has evaded an ascendant hard-right movement that continues to rise on the continent. Behind his majority, there remains an angry and active far-right undercurrent that continues to make itself heard.
Persons: Starmer, , Taylor Swift, Justin Tallis, Axel Rudakubana, Tommy Robinson —, , , Andrew Tate Organizations: Police, Getty, Tech Against Terrorism, Guardian, English Defence, BBC Radio, Labour Party Locations: Bristol, Southport, England, Europe, Welsh, Cardiff, Britain, Romania, Rotherham
A small fire in a wheelie bin was also visible while windows in the hotel were smashed. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. U.K. Prime Minister Keir Starmer has condemned the attack on a hotel housing asylum seekers, describing it as "far-right thuggery" as violence broke out in several towns and cities across the country. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. Britain's new prime minister, Keir Starmer, has blamed the violence on "far-right hatred" and vowed to end the mayhem.
Persons: Keir Starmer, John Healey, George Robertson, Tiffany Lynch, Wales, Andrew Menary, Axel Rudakubana, Rudakubana, Stephen Yaxley, Lennon, Tommy Robinson, Elon Musk, Nigel Farage, , , Diana Johnson Organizations: British, Defence, Downing, Police, . Police, Police Federation of England, BBC, English Defense League, Merseyside Police, Twitter, Elon, Reform U.K Locations: London, England, Rotherham, Middlesborough, Belfast, Northern Ireland, Liverpool, Bristol, Southport, Wales, Rwandan, France
EV fast chargers – the big tall units that look like major appliances – aren’t generally designed to completely fill an EV’s batteries. A line of EVs wait to charge at Electrify America chargers in East Brunswick, New Jersey, on July 6. At 10 of the busiest EV fast charging stations in California, Electrify America has enacted a strict limit. There can also be other legitimate reasons a driver may want to charge to 100% at a fast charger, said Barrosa. Cases like these are why Electrify America probably won’t institute an overall charging cap at charging stations near major highways, he said.
Persons: Peter Valdes, unplug, Tesla’s, , Sara Rafalson, we’ve, Robert Barrosa, ’ ”, EVgo, EVgo’s Rafalson, Barrosa, let’s Organizations: CNN, Chevrolet Blazer, EV, Mercedes, Benz, Hyundai, Fiat, Mazda Locations: New York City, Bristol , Pennsylvania, Bristol, East Brunswick , New Jersey, EVs, America, California, America’s
Elsewhere, bricks were thrown at police officers in Stoke-on-Trent in central England while scuffles have also been reported in Belfast, Manchester and Nottingham. James Speakman / PA via APThe violence erupted earlier this week, ostensibly in protest of Monday’s stabbing attack in Southport. False rumors spread online that the young man was a Muslim and an immigrant, fueling anger among far-right supporters. “During the course of the evening, our officers were met with serious and sustained levels of violence,” he said. Starmer has blamed the violence on “far-right hatred” and vowed to end the mayhem.
Persons: , scuffles, Keir Starmer, James Speakman, Andrew Menary, Axel Rudakubana, Mark Hall, , , Taylor Swift, Alice Dasilva Aguiar, Elsie Dot Stancombe, Bebe King, Starmer, Yvette Cooper Organizations: Police, Merseyside Police, , Humberside Police, Somerset Police, Trent, Blackpool, Palestinian, Labour, Northumbria Police, ” Police Locations: Liverpool, Southport, England, Hull, Bristol, Avon, Stoke, Belfast, Manchester, Nottingham, London, Gaza, Sunderland, Wales, Rwandan, Northumbria, , Southport —
Final Trades: Pfizer, Bristol Meyers, Textron and Oracle
  + stars: | 2024-07-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Pfizer, Bristol Meyers, Textron and OracleThe Investment Committee give you their top stocks to watch for the second half.
Persons: Bristol Meyers Organizations: Pfizer, Textron, Oracle The Investment
Here are Monday's biggest calls on Wall Street: Morgan Stanley reiterates Live Nation as overweight Morgan Stanley said shares of the entertainment concert company are compelling. " Cantor Fitzgerald reiterates Nvidia as overweight Cantor said the stock is still a top pick at the firm. Guggenheim upgrades Akamai to buy from neutral Guggenheim said shares of the cloud computing networking company have more room to run. Bank of America reiterates Apple as buy Bank of America said it's bullish heading into Apple earnings later this week. JPMorgan reiterates Eli Lilly as overweight JPM said the stock is a "core holding" ahead of earnings on August 8.
Persons: Morgan Stanley, Cantor Fitzgerald, Cantor, TD Cowen, AAPL, Wells, Booz Allen Hamilton, it's, Guggenheim, Piper Sandler, Charles Schwab, Piper, Schwab, Olin, Mizuho, Bill Brown's, Myers Squibb, JPMorgan, Eli Lilly, JPM, Evercore, Tesla, Oppenheimer, Raymond James, Davidson, Raymond James downgrades Organizations: NVDA, MU, Apple, Huawei, Booz, Guggenheim, RBC, Deutsche Bank, Northrop, Deutsche, JPMorgan, Uber, Holdings, 3M, " Bank of America, Bank of America, Edge, Barclays downgrades Bristol, Myers Squibb, Barclays, Bristol, Ford, Microsoft, Charter, HSBC Locations: China, underperform
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonday's rapid fire: 3M, Bristol Myers Squibb, McDonald's, On Semiconductor and Colgate-PalmoliveCNBC's Jim Cramer on Monday discussed notable stock moves in recent days, including the response to 3M's earnings and McDonald's quarterly results.
Persons: Jim Cramer Organizations: Bristol Myers Squibb, Semiconductor, Colgate, Palmolive Locations: McDonald's
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. 3M: Shares were slightly lower Monday, giving back some of their 23% surge Friday on the back of a better-than-expected quarter and raised outlook. New CEO Bill Brown, who took over at the industrial firm May 1, had success at L3Harris Technologies and "will be a big winner here," as well, Jim Cramer said. McDonald's : Shares rose 4% despite the fast-food giant reporting weaker-than-expected earnings and revenue along with same-store sales declines. That's the stuff that's moving up" while buzzier chip stocks tied to artificial intelligence, such as Arm Holdings , are struggling, Cramer explained.
Persons: Jim Cramer's, Bill Brown, Jim Cramer, Cramer Organizations: CNBC, Club, L3Harris Technologies, Bristol Myers Squibb, Semiconductor, Wall, Texas Instruments, Arm Holdings, Colgate, Palmolive
McDonald's — Shares were down slightly in the premarket after the fast food giant reported second-quarter results that missed analyst expectations . Bristol-Myers Squibb — The pharma stock shed 1.5% following a downgrade to underweight from equal weight at Barclays. This call comes after Bristol-Myers Squibb issued better-than-expected earnings and raised its full-year guidance on Friday. Tesla — The electric vehicle maker advanced 1.5% after bring crowned the top pick U.S. auto stock by Morgan Stanley analyst Adam Jonas. The Marvel movie raked in more than $200 million during its opening weekend, making it the strongest debut on record for an R-rated film.
Persons: McDonald's, Olin, Myers Squibb, Myers, Tesla, Morgan Stanley, Adam Jonas, Stellantis, Microstrategy, , Samantha Subin, Sarah Min, Michelle Fox, Fred Imbert Organizations: JPMorgan, Technologies, Guggenheim, Myers, pharma, Barclays, Myers Squibb, Bristol, Ford, Deutsche Bank, Chrysler, Dodge, Disney, Marvel Locations: Bristol, Monday's premarket
Several companies appear oversold this week and could be due for a rebound after a wild week on Wall Street. Stocks with a 14-day RSI reading below 30 often indicate that it's oversold, with a potential rebound possible ahead for the company's shares. Here are some of the most oversold names: Dexcom is the most oversold stock of the list, with a 14-day RSI of 11.6%. Wells Fargo recently reiterated its overweight rating on Disney and its $136 price target, which implies shares could gain 52.4%. That's driven the stock's RSI to more than 81.
Persons: , Walt Disney, Wells Fargo, we're, Steven Cahall, Wall, Sara Senatore, Senatore, FactSet, LSEG, Myers Squibb, Northrop Organizations: Nasdaq, CNBC, Stock, Entertainment, Walt, Disney, DIS, Media, " Bank of America, Mohawk Industries, RSI, Northrop Grumman, Citizens Financial Group Locations: Bristol
Dexcom — Shares plummeted more than 40% after the medical device maker missed expectations for second-quarter revenue and offered weak full-year guidance for the measure. That exceeded analysts' expectations for earnings of $3.48 per share on revenue of $808 million, per LSEG. Norfolk Southern — Shares of the railroad operator gained 10% after a second-quarter earnings beat. Texas Roadhouse — The restaurant chain climbed 4.4% after second-quarter earnings topped expectations. Texas Roadhouse earned $1.79 per share, above the $1.64 per share estimate from analysts surveyed by LSEG.
Persons: Dexcom, Coursera, Newell Brands, Newell, Boston Beer, LSEG, Mohawk, Bristol Myers Squibb, Morgan Stanley, FactSet, amortization, Bitcoin, Alexander, Baldwin —, Alexander & Baldwin, Piper Sandler, Guggenheim, Sweetgreen —, Oppenheimer, Stifel, Yun Li, Pia Singh, Sean Conlon, Jesse Pound, Hakyung Kim, Lisa Kailai Han Organizations: LSEG, Newell, Yankee, Wall, Boston Beer, Boston, Mohawk Industries, Bristol Myers Squibb, Bristol, Revenue, Norfolk Southern, Norfolk, Charter Communications, Southwest Airlines, Deutsche Bank, Southwest, Redburn, FactSet, FTAI Aviation, Texas, Texas Roadhouse, LSEG . Revenue, Colgate, Palmolive Locations: Norfolk
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Bristol Myers Squibb on Friday reported second-quarter earnings and revenue that topped expectations and raised its full-year guidance as the drugmaker moves to slash costs. The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research and development programs. Bristol Myers posted net income of $1.68 billion, or 83 cents per share, for the second quarter. Revenue from Bristol Myers' blood cancer drug Revlimid also topped analysts' estimates for the period despite facing competition from cheaper generics.
Persons: Bristol Myers, Revlimid, Joe Biden's Organizations: Bristol Myers Squibb, LSEG, Revenue Locations: Cambridge, Cambridge , Massachusetts, Bristol, Revlimid
Stocks on the move: Bristol Myers, Abbive, and Tesla
  + stars: | 2024-07-26 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStocks on the move: Bristol Myers, Abbive, and TeslaThe Investment Committee discuss some of their stocks that are on the move today
Persons: Bristol Myers, Abbive
Bristol Myers boosted its adjusted earnings for the year to between 60 and 90 cents a share, up 20 cents from its last forecast. AdvertisementOf Bristol Myers' existing drugs, Eliquis saw a 7% increase in sales year-over-year. Cancer drug Opdivo and blood cancer treatment Revlimid also saw promising results and beat quarterly sales estimates. The company reiterated its plan to cut $1.5 billion in costs by 2025, which was announced at its last quarterly earnings call. Bristol Myers is only the latest of a host of other drugmakers to raise their earnings guidance this week.
Persons: Myers, , Bristol Myers, Christopher Boerner, Eliquis, Revlimid, David Elkins, Boerner, AbbVie Organizations: Bristol, Myers Squibb, Service, Cancer, FDA, AstraZeneca, Roche, Sanofi Locations: Bristol
The data didn't sway the market odds on the Fed cutting interest rates three times this year, starting in September. The industrial conglomerate raised its full-year outlook. Two of the Club's industrial names, Honeywell and Dover , reported earnings this week with mixed fortunes for their stocks. Dexcom shares plunged more than 35% after the medical device company missed on revenue and cut its full-year outlook. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Bristol Myers, Abbott, Skechers, Lockheed Martin, L3Harris, Japan's Eisai, Eli Lilly, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Federal, Transportation, Electronics, Honeywell, Colgate, Palmolive, Abbott Laboratories, Libre, Deutsche Bank, Lockheed, EU, Novo Nordisk, Jim Cramer's Charitable, CNBC Locations: Dover
Dexcom — The medical device stock plummeted more than 36% after the company posted a second-quarter revenue miss. The company's $579 million revenue was also lower than the consensus estimate of $597 million. Coursera — The online course provider stock surged 26% after Coursera posted second-quarter revenue of $170 million, which exceeded the $164 million analysts had expected, according to LSEG. 3M — The industrials giant added nearly 7% after posting second-quarter adjusted earnings of $1.93 and adjusted revenue of $6.02 billion. Charter's $13.69 billion revenue also exceeded the $13.59 billion analysts had expected.
Persons: George Kurtz, LSEG, Dexcom, Boston Beer, Coursera, Bristol Myers, Morgan Stanley, , Alex Harring, Sarah Min, Jesse Pound Organizations: Semiconductor, Nvidia, Broadcom, Devices, Qualcomm, Micron Technology, Boston Beer, Boston, Mohawk Industries, Mohawk, Bristol Myers Squibb, Bristol, Revenue, Norfolk Southern, Charter Communications
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