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Wall Street on Tuesday upgraded two underperforming Club stocks — Emerson Electric (EMR) and Danaher (DHR) — to the equivalent of buy ratings. Historically, the iPhone's expensive price tag has hindered its ability to gain meaningful market share in the Indian smartphone market. We're confident Apple is gaining traction with Indian consumers , one reason why we continue to see Apple is a long-term investment. The company's two-pronged strategy of growing both its manufacturing- and consumer market share in India should prove fruitful in the coming years. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Treasury yields dropped on the back of the report. More specifically, we looked at the rolling 100-day correlation between Nasdaq-100 stocks and the SHY ETF. Here are the five-most correlated Nasdaq-100 stocks to falling rates. Here are the five-most correlated Nasdaq-100 stocks to falling rates. Stock Chart Icon Stock chart icon Shares of Seagan are one of the more closely correlated stocks of the iShares short-term bond yield ETF.

Following Thursday's trade, Jim Cramer's Charitable Trust will own 800 shares of EMR, increasing its weighting in the portfolio to 2.52% from 2.37%. We think this recent dip is a buying opportunity on Thursday, ahead of a potentially transformative moment for the company. Emerson in January launched a hostile takeover bid for National Instruments (NATI), valued at $53 per share. The one wrinkle to this story, of course, would be if Emerson ends up overpaying for National Instruments. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

"Until now, the ministry has taken the defence companies for granted," said Masahisa Sato, an influential ruling party lawmaker and former deputy defence minister. Three of them, Mitsubishi Heavy, Mitsubishi Electric and IHI Corp (7013.T), which makes jet engines, bridges and heavy machinery, confirmed they had also taken part in other lower-level discussions. Reuters asked 10 of Japan's military suppliers, including Toshiba, Mitsubishi Electric, Daikin and Subaru, for interviews with their defence unit managers. Despite diplomatic tensions, China is Japan's top trade partner and a major manufacturing base for many Japanese companies. Even so, Japanese companies often refer to their military products as "special equipment," the government official said.

☆ Biden admin offers $1.2 billion for distressed, shut nuclear plants
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, March 2 (Reuters) - The Biden administration said on Thursday it is offering a fresh round of $1.2 billion in aid to extend the life of distressed nuclear power plants which, for the first time, could offer funding to a plant that has recently closed. President Joe Biden's climate team believes nuclear power is a crucial source of virtually carbon-free electricity needed to be maintained and expanded to reach his pledge of what it calls 100% clean electricity by 2035. The funding comes from the $6 billion Civil Nuclear Credit program, created by the 2021 infrastructure law, and will be distributed by the Department of Energy (DOE). Holtec International, the current owner, had applied for the first round of funding, but the DOE rejected it. Last year, the DOE provided $1.1 billion in conditional CNC funding to Pacific Gas & Electric's Diablo Canyon nuclear plant that had been set to fully shut in 2025.

Following Wednesday's trade, Jim Cramer's Charitable Trust will own 625 shares of EMR, increasing its weighting in the portfolio to about 1.79% from 1.65%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ A disappointing quarter sends newest position Emerson Electric to the penalty box
▼ + stars: | 2023-02-08 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Emerson Electric (EMR) reported disappointing quarterly results on Wednesday, pushing shares of the technology and engineering company down 5% and forcing a downgrade on our newest holding. As a result, we are putting Emerson Electric in the "penalty box" and downgrading shares to a 2 rating from a 1. A penalty box means the stock has one quarter to show improvement — and should it fail to do so, it gets booted from the portfolio. Geographically, sales growth was driven by the Americas, which was up 13% versus the year-ago period. On the other hand, the earnings-per-share guide, which along with underlying sales growth is in line with the guidance previously provided, came in a penny short at the midpoint.

☆ Managers at my company have to give at least one bad review on their teams. How can I make sure I don't get targeted?
▼ + stars: | 2023-02-01 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

Stack ranking is when managers score employees' performances relative to that of their coworkers. It's not easy to fight it if your company uses stack rankings, but you can take a few actions. Forced, or stack, ranking — a system in which managers score their employees' individual performances relative to that of their coworkers — needs to die but, alas, refuses to do so. Stack ranking is still used today, including at companies like Amazon, though it's largely been found to be a terrible management practice. Why, then, do some companies persist in stack ranking?

☆ S&P 500 ends slightly down after mixed earnings, opening glitch
▼ + stars: | 2023-01-24 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

The Nasdaq joined the S&P 500 in negative territory, while the Dow ended modestly higher. Fourth quarter earnings season is in full swing, with 72 of the companies in the S&P 500 having reported. On aggregate, analysts now expect S&P 500 earnings 2.9% below the year-ago quarter, down from the 1.6% year-on-year decline seen on Jan. 1, per Refinitiv. Among the 11 major sectors of the S&P 500, industrials suffered the biggest loss. The S&P 500 posted 26 new 52-week highs and 10 new lows; the Nasdaq Composite recorded 77 new highs and 22 new lows.

☆ Wall Street totters after mixed earnings, trade halt glitch
▼ + stars: | 2023-01-24 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

More than 80 stocks were affected by the glitch, which caused wide swings in opening prices in stocks, including Walmart Inc (WMT.N) and Nike Inc (NKE.N). Fourth quarter earnings season is in full swing, with 72 of the companies in the S&P 500 having reported. On aggregate, analysts now expect S&P 500 earnings 2.9% below the year-ago quarter, down from the 1.6% year-on-year decline seen on Jan. 1, per Refinitiv. Among the 11 major sectors of the S&P 500, industrials was down the most. The S&P 500 posted 27 new 52-week highs and 10 new lows; the Nasdaq Composite recorded 69 new highs and 21 new lows.

SINGAPORE, Jan 18 (Reuters) - General Electric's (GE.N) turbine manufacturing unit said on Wednesday it had agreed with Japan's IHI Corp (7013.T) to develop gas turbines operating on ammonia to reduce carbon dioxide emissions. GE and IHI would work to develop technology that would allow some of GE's existing gas turbine products to safely burn 100% ammonia by 2030, the companies each said in separate, almost identical statements on Wednesday. "We will focus our efforts on satisfying domestic and overseas demand for large-scale ammonia gas turbines, stimulating further demand for fuel ammonia and expanding the fuel ammonia value chain," Hiroshi Ide, president of IHI Corp said. Reporting by Sudarshan Varadhan; Editing by Bradley PerrettOur Standards: The Thomson Reuters Trust Principles.

☆ India is learning to love electric vehicles — but they're not cars
▼ + stars: | 2023-01-09 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +6 min

Electric vehicle charging stations from Tata Power can be found on 350 of the 600 highways in India. Puneet Vikram Singh, Nature And Concept Photographer, | Moment | Getty ImagesWhen most people think about electric vehicles, they think cars. From brands like Tesla and Rivian in the United States, to Nio and XPeng in China, global sales of electric vehicles have surged. But in India, two-wheel vehicles such as scooters, mopeds and motorbikes, dominate the market. The starting price of electric two-wheel vehicles can be as high as 160,000 rupees.

☆ 6 top M&A bankers lay out their dealmaking playbook for 2023 — from getting around a sagging bond market to dealing with skeptical shareholders
▼ + stars: | 2023-01-09 | by ( Carter Johnson | ) www.businessinsider.com time to read: +10 min

"We're certainly telling clients to plan for longer timelines between signing an announcement and when a transaction closes," RBC's Sperduto said. Bankers noted the figure was on pace with the average amount of deals done in the five years preceding the pandemic. "There is still significant desire from both corporates and financial sponsors to transact," Gary Posternack, co-head of global M&A at Barclays, told Insider. But in 2023, bankers see more transactions receiving greater scrutiny from stakeholders. Vito Sperduto, the co-head of global M&A at RBC Capital Markets.

☆ J&J's consumer health unit Kenvue files for IPO, moving closer to spin-off
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +2 min

Jan 4 (Reuters) - Johnson & Johnson's (JNJ.N) consumer health unit Kenvue on Wednesday filed to be listed as an independent company, bringing the healthcare conglomerate a step closer to completing the biggest shakeup in its 135-year history. The filing, for Kenvue to list on the New York Stock Exchange under the ticker symbol "KVUE", comes more than a year after Johnson & Johnson announced its plan to break up into two companies. J&J's pharmaceutical and medical equipment units, which make cancer treatments and surgical tools, had recorded nearly $80 billion in sales in 2021, far ahead of its consumer products revenues. General Electric's (GE.N) spun-off healthcare unit, GE HealthCare Technologies , debuted as an independent company on Nasdaq on Wednesday. Kenvue said J&J will continue to own at least 80.1% of the voting power of the company's shares upon completion of the offering.

☆ Stocks making the biggest moves midday: Netflix, Cal-Maine Foods, Southwest and more
▼ + stars: | 2022-12-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Cal-Maine Foods — Cal-Maine shares shed 15% after reporting earnings that fell short of Wall Street's expectations even as the egg producer reported record sales. Southwest Airlines — The airline stock rose more than 3%, paring back losses from the previous session when it dropped more than 5%. Severe disruptions at Southwest Airlines have drawn outsized criticism from frustrated travelers, who have dealt with thousands of canceled flights from airlines this week because of winter weather. Southwest Airlines canceled another 60% of its flights on Wednesday. Apple — The iPhone maker's stock rose more than 3% after hitting its lowest level since June 2021 earlier in the week.

☆ French financial prosecutor confirms GE's Belfort site searched
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

PARIS, Dec 16 (Reuters) - Searches were conducted on Thursday at U.S conglomerate General Electric's (GE.N) Belfort site in France as part of an ongoing probe into possible tax fraud, France's financial prosecutor said on Friday, confirming an AFP report. In an email responding to a Reuters request, deputy financial prosecutor Antoine Jocteur-Monrozier said the searches were part of a preliminary probe into alleged money laundering and tax fraud. Unions accused management of trying to show the site was losing money in order to justify the job cuts at the site – depriving the French government of millions of euros in tax revenue in the process. GE has denied the claims, saying it obeys the tax laws in every country where it operates. ($1 = 0.9406 euros)Reporting by Sudip Kar-Gupta and Silvia Aloisi; editing by Jason Neely and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

We're initiating a position in Emerson Electric (EMR) Wednesday, buying 150 shares at roughly $97.91 apiece. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 150 shares of EMR, representing about 0.5% of the portfolio. Ever since Lal Karsanbhai took over as CEO in 2021, Emerson has accelerated its portfolio transformation to create value for shareholders and become a pure-play automation company. In May, the company closed the combination of its industrial software business with Aspen Technology (AZPN) to create a global industrial software leader. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Australia's Fortescue taps Woodside veteran as CEO amid green energy push
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +2 min

[1/2] The logo of Australia's Fortescue Metals Group (FMG) can be seen on a bulk carrier as it is loaded with iron ore at the coastal town of Port Hedland in Western Australia, November 29, 2018. REUTERS/Melanie Burton/File PhotoNov 29 (Reuters) - Australia's Fortescue Metals Group (FMG.AX) on Tuesday appointed former Woodside Energy (WDS.AX) executive Fiona Hick as its chief executive officer, effective February 2023, as Elizabeth Gaines made way for a new boss in August. Hick joins Fortescue at a time when the iron ore giant is delving into mining of critical minerals and rare-earths and is also striving to transition into a green energy firm through its unit Fortescue Future Industries (FFI). She will lead Fortescue Metals' mining arm, culminating a year-long search by the company's billionaire-founder and chairman Andrew Forrest. Gaines, who oversaw a tripling in the share price of one of the world's biggest iron ore miners in the past four years, remains on Fortescue's board as a non-executive director.

☆ Faraday Future product head resigns - Bloomberg News
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +1 min

Nov 29 (Reuters) - Electric-vehicle startup Faraday Future Intelligent Electric's (FFIE.O) head of product execution, Robert Kruse, has resigned, Bloomberg News reported on Tuesday, citing people familiar with the matter. The reported move comes a day after Faraday Future appointed Xuefeng Chen as global chief executive officer, after its board removed Carsten Breitfeld from the role. read moreThe company, whose shares fell nearly 1% in extended trading, did not immediately respond to a Reuters request for comment. Los Angeles-based Faraday Future said in September it had reached a deal with its largest shareholder to resolve a governance dispute, adding that Sue Swenson would step down as executive chairperson. read moreEarlier in August, several employees of Faraday Future had called on the board and shareholders to remove Swenson alleging the executive chairperson had organized attempts to "push the company into bankruptcy and restructuring".

☆ Culture of sustainability
▼ + stars: | 2022-11-07 | by ( Sponsor Post | Created Insider Studios With Schneider Electric | ) www.businessinsider.com time to read: +9 min

As early as 2005, the company had launched its first sustainability barometer — the Schneider Sustainability Impact (SSI) — which produces quarterly measurements of its ESG performance. In short, it has created a remarkable culture of sustainability throughout its operations. Watch the video below featuring Gwenaelle Avice-Huet, Chief Strategy & Sustainability Officer, Schneider Electric. The results have been highly encouraging, both in terms of advancing the company's sustainability drive, and in creating a happier and more engaged workforce. To help its customers and partners arrive at this ambition, Schneider Electric applies a programmatic approach to drive sustainability impact: strategize, digitize, decarbonize.

☆ Two Aveva shareholders plan to oppose Schneider takeover offer
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterThe logo of Scheider Electrics is pictured at the company's headquarters in Rueil-Malmaison near Paris, France, April 22, 2020. REUTERS/Charles PlatiauSept 23 (Reuters) - Canada-based Mawer Investment Management and M&G Investments, shareholders in Aveva Plc (AVV.L), intend to reject Schneider Electric's (SCHN.PA) 9.5 billion pounds ($10.37 billion) takeover offer, calling the offer "opportunistic". Register now for FREE unlimited access to Reuters.com RegisterEarlier in the day, the Financial Times reported Mawer's plan to reject the offer. The statement resonates with another investor in Aveva, M&G Investments. "M&G is materially underwhelmed with the opportunistic 31-pound offer from Schneider for the remainder of Aveva, and we're disappointed that the Aveva board has recommended the bid to shareholders," Rory Alexander, fund manager, M&G Investments, said.

☆ Watch CNBC's full interview with RBC Capital Markets' Deane Dray
▼ + stars: | 2022-09-20 | 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 EmailWatch CNBC's full interview with RBC Capital Markets' Deane DrayDeane Dray, RBC Capital Markets managing director, joins 'Power Lunch' to discuss 3M's pivot to hydrogen and clean energy, whether General Electric's recent warning is a sector-wide warning or an isolated case and more.

☆ Every industrial company is talking about supply chain pressures, says RBC's Deane Dray
▼ + stars: | 2022-09-20 | 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 EmailEvery industrial company is talking about supply chain pressures, says RBC's Deane DrayDeane Dray, RBC Capital Markets managing director, joins 'Power Lunch' to discuss 3M's pivot to hydrogen and clean energy, whether General Electric's recent warning is a sector-wide warning or an isolated case and more.

☆ GE unit boosts medical dye output as China COVID lockdown cuts supplies
▼ + stars: | 2022-05-10 | by ( ) www.reuters.com time to read: +3 min

read moreSome of the largest U.S. hospitals said on Tuesday they are facing critical shortages of iodinated contrast media products. The Greater New York Hospital Association (GNYHA) warned on May 4 of temporary supply shortages of GE Healthcare's iodinated contrast media - specifically its Omnipaque products made in Shanghai. "We are working around the clock to expand capacity of our iodinated contrast media products," a GE spokesperson said after the company had to close its Shanghai facility for several weeks due to local COVID policies. GE Healthcare has four contrast media manufacturing facilities, including the one in Shanghai. A spokesperson for Bayer (BAYGn.DE), which competes with GE Healthcare in contrast media, said it is not facing a similar situation.

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