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☆ Stocks making the biggest moves premarket: Levi Strauss, Costco, ChargePoint, Mattel and more
▼ + stars: | 2023-09-27 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. Sirius XM — Shares of the media company fell roughly 2% in premarket trading. A day earlier, Liberty Media proposed combining the Sirius XM tracking stock with the radio company. Levi Strauss — The apparel maker advanced 1.3% in premarket trading after TD Cowen initiated coverage of the stock at an outperform rating. Mattel — Shares of the toymaker gained 2.4% in premarket trading Wednesday after Morgan Stanley initiated Mattel with an overweight rating, calling it a top pick.

Persons: Levi Strauss, TD Cowen, Levi's, ChargePoint, XPO, Jonathan Chappell, Joe Biden, Morgan Stanley, Alex Harring, Jesse Pound, Samantha Subin, Pia Singh Organizations: Woodbury, Sirius XM, Liberty Media, Costco, UBS, Evercore ISI, United Auto Workers, Mattel —, Mattel Locations: Central Valley , New York, U.S, Michigan

☆ Samsonite’s baggage is heavy with geopolitics
▼ + stars: | 2023-09-12 | by ( Thomas Shum | ) www.reuters.com time to read: +4 min

Of the restless group, luggage maker Samsonite International (1910.HK) has the least financial reason to mull a move. The $5 billion U.S. and Luxembourg-based company was one of the first Western companies to list in Hong Kong. Sales from Asia - Samsonite’s most profitable region – accounted for almost 40% of the total in the first half of 2023. Reuters Graphics Reuters GraphicsFrom a liquidity point of view too, Samsonite has had a better experience in Hong Kong than other international arrivals. That’s better than other international consumer brands that boast similar levels of prestige.

Persons: Andrew Kelly, Tim Parker, Samsonite, Kyle Gendreau, CK Hutchison, It’s, Calvin Klein, Prada, ” Gendreau, Una Galani, Katrina Hamlin Organizations: Woodbury, REUTERS, Reuters, Global, Samsonite, HK, Reuters Graphics Reuters, Prada, Swire Pacific, CK, Bloomberg, Thomson Locations: Central Valley , New York, U.S, HONG KONG, Hong Kong, mull, Luxembourg, Asia, New York, Washington, Beijing, China

☆ A GOP divide in Iowa over Trump -- and over the truth
▼ + stars: | 2023-08-09 | by ( John King | ) edition.cnn.com time to read: +11 min

Mudd does not dispute this but says he would have more confidence if states followed the same procedures. “Nothing about that deal is the American way, I don’t think,” Mudd Sr. says of the latest Trump indictment. And it vividly captures the country’s red state-blue state divide, which includes what you think of Trump and where you get your news. Taylor supported Texas Sen. Ted Cruz in the 2016 caucuses, but voted for Trump in November 2016 and again in 2020. Shopping around is an Iowa tradition, but both understand that a splintered field eventually helps Trump, as it did in 2016.

Persons: John King’s, “ Anderson Cooper, Chris Mudd, ” Mudd, “, Joe Biden’s, Mudd, Donald Trump, Donald Trump’s, I’m, Trump, John King, Allison Malloy, CNN “, ”, Biden, Jim Mudd, Republicans don’t, Ronald Reagan, Tracey Mudd, Chris ’, Rob Mudd, that’s, Hunter Biden’s, Tucker Carlson, Hunter Biden, ” Rob Mudd doesn’t, Volodymyr, Zelensky, Vivek Ramaswamy’s, Robert F, Kennedy Jr, ” Chris Mudd, Priscilla Forsyth, Howard Dean, John Edwards, ” Forsyth, ” She’s, isn’t, doesn’t, Forsyth, King, Jaclyn Taylor, Taylor, Texas Sen, Ted Cruz, sighs, Carolina Sen, Tim Scott, Nikki Haley, Ron DeSantis, CNN Betsy Sarcone, ” Sarcone, Florida Sen, Marco Rubio, Hillary Clinton, Sarcone, “ We’ve, ” Taylor Organizations: Waterloo , Iowa CNN, Republican, GOP, CNN, Republicans, America, Fox, today’s Republican, Trump, NATO, RFK, Texas, Biden, Former United Nations, Florida, Biden –, Republican Party, Iowa Locations: Iowa, Waterloo , Iowa, Cedar Falls , Iowa, Ohio, Texas, Pennsylvania, Georgia, Cedar Falls, American, Ukraine, Sioux City, Woodbury, Des Moines, Metro Des Moines, Waukee, ”, Carolina, Clive , Iowa, Urbandale, Florida

"It seems like they do a lot to try to make it seem like they are the party for young Black men or Black men as a whole, but they don't back it with anything. The vast majority of Black voters, including men, are still expected to choose Biden over a Republican. Black men and women under the age of 50 voted Republican in similar numbers, the poll showed. A Reuters/Ipsos poll conducted July 11-17 found 18% of Black Americans would pick Trump over Biden in a hypothetical matchup, compared to 46% who favored Biden, including about one in four Black men, compared to about one in seven Black women. Compared with Black women, Black men were more likely to say they would back a presidential candidate that supported abortion restrictions and increased police funding to fight crime.

Persons: Joe Biden, Biden, lurch, Mekonnen, Biden's, I'm, LeLann Evans, Evans, Michael McDonald, Republican Donald Trump's, Trump, Terrance Woodbury, Woodbury, Julian Silas, Silas, Kamala Harris, Jaime Harrison, Harris, Tracy King, Andre Russell, Trevor Hunnicutt, Jarrett Renshaw, Jason Lange, Eric Cox, Heather Timmons, Alistair Bell Organizations: . Army, White House, Democratic Party, Democratic, White, Reuters, U.S, Republican, Black, Biden, Nashville City Council, Democrats, Pew Research, University of Florida, Republicans, HIT, Edison Research, Federal Reserve, Democratic National Committee, Culture, NAACP, Thomson Locations: Georgia, Black, South Carolina, Philadelphia, Atlanta , Milwaukee, Detroit, Pennsylvania , Michigan, Washington, Chicago, U.S, New Orleans

☆ Due to climate woes, Georgia has to pivot away from peaches
▼ + stars: | 2023-07-15 | by ( Ellie Stevens | ) edition.cnn.com time to read: +4 min

The Peach State lost more than 90% of this year’s crop after a February heat wave followed by two late-spring frosts. It’s even on the flip side of the Georgia state quarter. Their summertime staples Peaches & Cream and Georgia Peach Sorbet flavors debuted July 1, he said, but eat fast. Liella Foods, LLCYes, Georgia peach prices have zoomed, he said, to about $40 for a box wholesale, from the usual $17-$20. And in the meantime, Georgia peaches are selling like the Seinfeld-ian Macinkaw, a delicacy that Kramer described as “a miracle of nature, like the Aurora Borealis.”

Persons: —, ”, Henryk Kumar, Sean Lennon, Fitzgerald, Lennon, he’s, Kamayan, Mira Orino, they’re, Kramer, Maddie Mitchell, Aunt, Aunt Evelyn’s, David Bruce Organizations: CNN, Peach State, Georgians, Cream, Foods Locations: Georgia, Atlanta, California, York, Los Angeles, Woodbury , Ga, Mexico, Michigan, Wisconsin, Canada, David Bruce . California, South Carolina

☆ Where to invest $10,000 right now if you want to generate the most income, without a ton of risk
▼ + stars: | 2023-07-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

Meanwhile, preferred securities can see yields around 7%. The Fed's rate hikes also sweetened yields on money market funds and certificates of deposit . Yet what is the best avenue for someone who is looking to generate the most income on a $10,000 investment — without taking on a lot of risk? The ICE BofA Fixed Rate Preferred Securities index, which tracks the performance of fixed-rate preferred securities, has a yield to maturity of 7.1%. "Right now you can't do better … than just owning short- to intermediate term high-grade fixed income," he said.

Persons: There's, Tom Graff, Mitch Goldberg, Goldberg, laddering, you'll, Ian Weinburg, Weinberg, Tim Ghriskey, Snyder, haven't, Ghriskey, Bonds, he'd, Graff Organizations: Treasury, Federal Reserve, Federal, CNBC Pro, Family Wealth, Pension Management, Ingalls, ICE, Securities, Citigroup, XIII, Index, SEC Locations: Baltimore, Melville , N.Y, Woodbury , N.Y, New York, Treasurys, preferreds

☆ Here’s What Buy Side Staffers Are Buying on Sale for Prime Day
▼ + stars: | 2023-07-11 | by ( ) www.wsj.com time to read: +13 min

Here are products on sale that our team members are buying themselves—or already own and can highly recommend—during this year’s two-day Prime event. I’ve set goals to cook more than I eat out or order in to save money and for my health goals, so I’ll be purchasing this All-Clad cookware set this Prime Day for all my cooking needs. The 8-inch version is on sale for Prime Day, coming in at less than $300. Reviewers note that they’re ideal for larger hands.” —Leslie Yazel, editor, head of contentSalon-level styling tool“I bought the Revlon One Step Volumizer styling brush last Prime Day, and it has been a favorite all year. My partner always steals them when we travel, so this Prime Day, I’ll be buying him his own pair while they’re $100 off ahead of our fall wedding-season travels.” —Chao Li, head of product

Persons: what’s, juicer “ I’ve, ”, Nick Guy, I’ve, ” — Ian Salisbury, AirTag, Brittany Nguyen, Madeline Diamond, Emily Schwartzberg, It’s, ” — Emily Welsh, it’s, ” — Alix Milne, Rina Stone, I’ll, — Caroline Wernecke, Hydrating, — Irma Sahinovic, Astrid Stawiarz, ” — Leslie Yazel, Jessica Woodbury, I’d, Caroline Wernecke, ” — Bellamy Richardson, Bissell, ” — Chao Li Organizations: Side, Timex Men’s Expedition, Revlon, Altos, Colgate, Sony WH, 1000XM4, Sony Locations: France

[1/2] The Levi Strauss & Co. label is seen on clothes in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Shares of the company fell about 6% in extended trading, as it joined peer American Eagle Outfitters (AEO.N) in predicting a weak outlook for consumer spending. Levi’s net revenues for the second quarter that ended May 28 declined by 9%, its steepest quarterly drop since the first quarter of 2021, according to Refinitiv data. The annual reported net revenue is expected to increase 1.5% to 2.5% from a year earlier, the apparel maker said, narrowing its previous forecast range of 1.5% to 3%. The apparel maker posted a net loss of $1.6 million for the second quarter, compared with a net income of $49.7 million a year earlier.

Persons: Levi Strauss, Andrew Kelly, Levi's, Chip Bergh, Bergh, Michael Ashley Schulman, Granth, Kate Masters, Shweta Agarwal, Muralikumar Organizations: Woodbury, REUTERS, American Eagle Outfitters, Nordstrom, Revenue, Running, Capital Advisors, Thomson Locations: Central Valley , New York, U.S, North America, Bergh, Levi's U.S, Europe, Americas, Bengaluru, New York

☆ Stocks making the biggest premarket moves: Levi Strauss, Biogen, Alibaba and more
▼ + stars: | 2023-07-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

The Levi Strauss & Co. label is seen on jeans in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Check out the companies making the biggest moves before the bell:Levi Strauss — The apparel retailer fell 7.7% after slashing its profit outlook for the year postmarket Thursday. Levi now expects adjusted earnings per share of $1.10 to $1.20 for the year, down from $1.30 to $1.40 previously. Alibaba — U.S. listed shares of the Chinese ecommerce retailer gained about 3% before the opening bell. First Solar - Shares added 1.7% after the solar company secured a five-year revolving credit and guarantee facility worth $1 billion.

Persons: Levi Strauss, Levi, Alibaba, Ant, Wanxiang, JPMorgan Chase, Tesla, Twitter, —, Jesse Pound, Sarah Min Organizations: Woodbury, and Drug Administration, Medicare, Reuters, Ant Group, JPMorgan, Bloom, Bloom Energy, RBC Capital Markets, Costco —, Costco, Meta Locations: Central Valley , New York, U.S, Alibaba —, China, Shanghai

Other executives who will remain on Mr. Cavanagh’s leadership team include Cesar Conde, chairman of NBCUniversal News Group, who will gain oversight of Telemundo and NBC’s local stations, and Mark Woodbury, the company’s parks chief. Mr. Cavanagh is essentially winnowing the number of executives who report directly to him, streamlining the company’s leadership ranks. He will also continue to work directly with Adam Miller, an executive vice president overseeing operations and technology as well as communications, human resources and corporate social responsibility; Kim Harris, the company’s general counsel; Anand Kini, NBCUniversal’s chief financial officer; and Craig Robinson, executive vice president and chief diversity officer. The promotions were the first major step taken by Mr. Cavanagh since he took over leadership of the company. Its previous chief executive, Jeff Shell, stepped down after an investigation into sexual harassment.

Persons: Mike Cavanagh, Cavanagh, Donna Langley, Mark Lazarus, Cavanagh’s, Cesar Conde, Mark Woodbury, Adam Miller, Kim Harris, Anand Kini, Craig Robinson, Jeff Shell Organizations: NBCUniversal News, Telemundo

☆ This little-known rule shapes parking in America. Cities are reversing it
▼ + stars: | 2023-05-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Approximately 2 billion parking spots cover the country, enough to pave over the entire state of Connecticut. Cities have built so much parking through a policy few people know: minimum parking requirements. Mandatory parking minimums helped shape the modern makeup of America cities. More parking spaces mean bigger parking lots. There are an estimated three to eight parking spots for every car in America.

Trademark Office to reject a Black Lives Matter application for a trademark featuring three parallel stripes. "Adidas will withdraw its opposition to the Black Lives Matter Global Network Foundation's trademark application as soon as possible," the company said in a statement. The Black Lives Matter Global Network Foundation is the most prominent entity in the decentralized Black Lives Matter movement, which arose a decade ago in protest against police violence against Black people. Representatives of the Black Lives Matter group did not immediately respond to a request for comment Tuesday. A jury in that case decided in January that Thom Browne's stripe patterns did not violate Adidas' trademark rights.

Trademark Office to reject an application for a Black Lives Matter trademark featuring three parallel stripes, arguing it could mislead the public. Adidas told the office in a Monday filing that Black Lives Matter Global Network Foundation Inc's yellow-stripe design would create confusion with its own famous three-stripe mark. Representatives for the Black Lives Matter group did not immediately respond to a request for comment Tuesday. The Black Lives Matter Global Network Foundation is the most prominent entity in the decentralized Black Lives Matter movement, which arose a decade ago to protest police violence against Black people. The Trademark Office gave the Black Lives Matter group until May 6 to answer.

☆ Skinny jeans still a great fit in shrinking economy, Levi CEO says
▼ + stars: | 2023-01-26 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +2 min

[1/2] The Levi Strauss & Co. label is seen on jeans in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew KellyJan 26 (Reuters) - Reports on the death of skinny jeans have been greatly exaggerated. At least that's what Levi Strauss & Co (LEVI.N) boss Chip Bergh wants everyone to believe. Once a wardrobe staple, skinny jean has recently lost favor among shoppers, especially after the pandemic accelerated a shift toward comfortable clothing like baggy jeans among young consumers. "The skinny jean is not going anywhere anytime soon," Bergh said.

☆ Republican candidate's wife arrested, charged with casting 23 fraudulent votes for her husband in the 2020 election
▼ + stars: | 2023-01-12 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

According to prosecutors, Taylor cast 23 fraudulent votes for her husband in the 2020 election. Jeremy Taylor, the husband, is an elected Republican. In all, prosecutors allege, she engaged in 26 counts of providing false information and voting, three counts of fraudulent registration, and 23 counts of fraudulent voting. The aim, prosecutors allege, was to get her husband, Republican politician Jeremy Taylor, elected to public office. But Taylor was more successful in the fall 2020 general election, where he ran as a Republican candidate for the Woodbury County Board of Supervisors.

☆ New York Attorney General Letitia James sues owners of Long Island nursing home
▼ + stars: | 2022-12-16 | by ( Laura Strickler | Laura Strickler Is A Senior Investigative Producer | Reporter For Nbc News. She Is Based In Washington. | ) www.nbcnews.com time to read: +2 min

New York Attorney General Letitia James is suing the owners of a Long Island nursing home who also have stakes of dozens of other facilities nationwide. It is the third suit she has filed in six weeks alleging financial fraud and abuse of nursing home residents. Among other allegations, the lawsuit states that one resident was at the facility for five months and received just three showers. One of the previous lawsuits targeted Fulton Commons Nursing Home in East Meadows, N.Y. The Villages of Orleans Health and Rehabilitation Center in Albion, N.Y., was sued by the attorney general at the end of November.

☆ $2.04 billion Powerball jackpot is now the largest prize in history—here are the top 5 so far
▼ + stars: | 2022-11-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

The $2.04 billion Powerball jackpot finally found a winner on Tuesday morning, after technical difficulties delayed the drawing that had been scheduled to take place on Monday. The massive prize marked the fifth time in the past five years that a lottery jackpot has crossed the billion-dollar threshold — and this one was a world record. That one was also a Powerball drawing that reached $1.586 billion and was split between three winning tickets. $1.59 billion (Powerball)This Powerball drawing from Jan. 13, 2016, for which three winning tickets were sold, held the record as history's biggest lottery prize for more than six years, until this week's Powerball drawing dropped it down a spot. $1.34 billion (Mega Millions)The first billion-dollar jackpot of 2022 topped $1.3 billion before it found a winner in July.

☆ Pandora braces for recession despite resilient demand
▼ + stars: | 2022-11-08 | by ( Nikolaj Skydsgaard | ) www.reuters.com time to read: +2 min

REUTERS/Andrew KellySummarySummary Companies Third-quarter sales slightly above expectationsCompany maintains guidanceNo signs of weakening demand yetShares up 6.5%COPENHAGEN, Nov 8 (Reuters) - Danish jewellery maker Pandora (PNDORA.CO) reported third-quarter sales just above expectations on Tuesday and said it is braced for recession even though shopper demand has proven resilient in the face of soaring living costs. "Despite macroeconomic and geopolitical uncertainty, the shopping patterns of our consumers are so far largely unchanged," Chief Executive Alexander Lacik said in a statement. Pandora still expects full-year organic growth between 4% and 6% and reaffirmed an outlook for an operating profit margin at 25-25.5%. The company reported third-quarter sales of 5.26 billion Danish crowns ($712.64 million), slightly above an average of 5.16 billion crowns expected by analysts in a poll by the company. Pandora also announced it would pay a total of 5.3 billion crowns to its shareholders this year, equating to about 13% of its market capitalisation.

☆ Market rout has muni bonds looking attractive. How to add them to your portfolio
▼ + stars: | 2022-09-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

"Uncertainty around how high interest rates will go has driven redemptions in muni bond funds," he explained. Whenever we have a chance to add to muni bonds now, we do so." For instance, you can go to Fidelity Investments' website and access more than 50,000 municipal bonds as new issues or through dealers on the secondary market. Here are five Morningstar five-star rated muni bond funds. "Many closed-end bond funds are trading at prices that are below their net asset value," he said.

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