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Vasser Sullivan started the IMSA sports car season strong enough that it was quickly apparent a championship was finally in reach for the Lexus factory program. Team owners Jimmy Vasser and James “Sulli” Sullivan think it might have saved the season. However, Jimmy and I are really glad that it did happen because it was a wakeup call, to the two of us and to the team,” Sullivan said. Vasser Sullivan ran Busch in the Rolex 24 at Daytona in 2020. And, if the opportunity presented itself, Vasser Sullivan would like to compete in IMSA's top class.

Persons: Vasser Sullivan, Ben Barnicoat, Jimmy Vasser, James “ Sulli ” Sullivan, “, Ben, Jimmy, ” Sullivan, Jack Hawksworth, It's, Chip Ganassi, Sullivan, —, they'd, Tony Kanaan, ”, Jeff Bal, Hawksworth, ” Hawksworth, Sulli, Vasser, Kyle Busch, we've Organizations: IMSA, Lexus, Watkins Glen, Team, IndyCar, Daytona, Chip Ganassi Racing, RC, GTD PRO, Lexus Motorsports, Ganassi —, Toyota, Indianapolis, NASCAR, Busch Locations: Canada, Atlanta, GTD, Charlotte

☆ Mexican liquors and beers are on the rise in the U.S. — here’s what’s driving the torrid growth
▼ + stars: | 2023-10-08 | by ( Stefan Sykes | ) www.cnbc.com time to read: +7 min

"Tequila has been such a national treasure here in Mexico," said Guilherme Espagnoli Martins, global brand director of Diageo-owned Don Julio Tequila. The Mexican beer boomIt's not just tequila and mezcal — Mexican beer is booming, too. Mexican beer imports into the U.S. are up 10.6% in 2023, according to alcohol research firm Bump Williams Consulting. watch nowA spokesperson for Constellation told CNBC that Mexican beer sales grew as Hispanic culture gained a stronger foothold around the world. Constellation on Thursday reported quarterly results that topped Wall Street estimates, driven by the surge in demand for its Mexican beer brands.

Persons: Mario Tama, Lea, Tequila, Guilherme Espagnoli Martins, Don Julio Tequila, Don Julio, George Clooney, Martins, Don, Don Julio Tequila Blanco, Bump, Bud Light, Cowen, Vivien Azer, InBev's Bud, Constellation's, Azer, Jonnie Cahill, Tecate, Cahill, Heineken's, It's, Dos Equis, Eduardo, Lalo, González, LALO Blanco Tequila, Don Julio González Organizations: Modelo Especial, Getty, U.S, Experts, Diageo, CNBC, Bump Williams Consulting, Mexico's Modelo Especial, Constellation, Modelo, Constellation Brands, Anheuser, Busch InBev, InBev's, Heineken USA, Cinco de Mayo, Dos, Corona Locations: Los Angeles , California, U.S, Mexico, The U.S, United States, British, Mexican, Modelo, Dos

☆ Corona beer maker Constellation Brands bets on higher pricing to lift profit view
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

Bottles of the beer, Corona, a brand of Constellation Brands Inc., sit on a supermarket shelf in Los Angeles, California April 1, 2015. REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsOct 5 (Reuters) - Constellation Brands (STZ.N) raised its annual profit target on Thursday after higher prices and strong demand for its beers and spirits drove a sales and profit beat in the second quarter. Alcohol producers such as Constellation and peer Brown-Forman (BFb.N) have benefited from increasing prices, helping offset steeper raw material costs. Constellation also raised the annual sales forecast for its beer business. Constellation now expects fiscal 2024 comparable earnings per share between $12.00 and $12.20, as against its previous forecast of profit between $11.70 and $12.00 per share.

Persons: Lucy Nicholson, Brown, Forman, Kim Crawford, Busch, Bud Light, Bump Williams, Garrett Nelson, Juveria Tabassum, Pooja Desai Organizations: Constellation Brands Inc, REUTERS, Constellation Brands, Constellation, Modelo Especial, Corona, Modelo, Anheuser, LSEG, Thomson Locations: Corona, Los Angeles , California, U.S, Rochester , New York

☆ Siemens is case study in China de-risking dilemma
▼ + stars: | 2023-10-04 | by ( Pamela Barbaglia | ) www.reuters.com time to read: +9 min

That’s unsettling for the likes of Siemens, $62 billion carmaker Volkswagen (VOWG_p.DE) and $39 billion chemicals group BASF (BASFn.DE). Factor in the German group’s 32% stake in Siemens Energy (ENR1n.DE) and 75% holding in Siemens Healthineers (SHLG.DE), currently worth 46 billion euros, and it adds up to 156 billion euros. The unit and Siemens’ Airport Logistics unit, which press reports say could be another divestment candidate, may only be worth 4 billion euros combined. Moreover, Kaeser already tried to boost Siemens’ valuation by partially spinning off subsidiaries. As of September, Siemens had bought back 2.5 billion euros of shares since starting a 3 billion euro share repurchase programme in November 2021.

Persons: Roland Busch, France’s Legrand, Busch, Joe Kaeser, he’s, Kaeser, Germany’s Bundesbank, Siemens, Goldman Sachs, Judith Wiese, George Hay, Oliver Taslic Organizations: Reuters, Siemens, Germany’s, Barclays, Reuters Graphics Reuters, Volkswagen, BASF, Software, Dassault, Automation, ABB, Smart Infrastructure, Siemens Energy, Siemens ’ Mobility, France’s Alstom, CRRC Corporation, Siemens ’ Airport Logistics, Siemens Healthineers, Toshiba Corp, Energy, BNP, Bloomberg, Financial Times, Thomson Locations: China, Brussels, Beijing, Germany, EMEA, Swiss, Middle Kingdom, Republic, Shenzhen, Sichuan, Chengdu, Southeast Asia, Indonesia, Vietnam, Thailand

CHARLOTTE, N.C. (AP) — NASCAR added Atlanta Motor Speedway and the road course at Watkins Glen International in upstate New York to the playoffs as part of the 2024 Cup Series schedule released Wednesday. Many of the celebrated changes to the schedule had already been announced: Bristol Motor Speedway is removing the dirt for its spring race, Indianapolis Motor Speedway is returning NASCAR to his historic oval and Iowa Speedway will finally host a Cup race. Political Cartoons View All 1199 ImagesTexas Motor Speedway lost the playoff race it has hosted since 2004 and its lone Cup race will be in the spring. One surprise is the return of the hybrid oval/road course at Charlotte Motor Speedway, which hosts this Sunday's playoff elimination race in the round of 12. NASCAR, like IndyCar, will have a two-week break during the Paris Olympics to accommodate broadcast partner NBC Sports.

Persons: CHARLOTTE, Darlington's, FS1 Sinday, Charlotte, Watkins, Charlotte Roval Organizations: NASCAR, Atlanta Motor Speedway, Watkins Glen International, Bristol Motor, Indianapolis Motor, Iowa Speedway, Busch, Coliseum, Phoenix Raceway, Atlanta, Watkins, Texas, Speedway, Kansas Speedway, Richmond, Charlotte Motor Speedway, Drivers, Charlotte, IndyCar, Paris, NBC Sports, Fox, Fox Sunday, Las, Darlington, FS1, NBC, Watkins Glen, Vegas, Martinsville, AP Locations: N.C, New York, Los Angeles, Daytona, Darlington , South Carolina, Bristol, Tennessee, Atlanta, Las Vegas, Phoenix, Americas, Richmond, Martinsville, Texas, Dover, FS1, Kansas, Wilkesboro, Sonoma, Iowa, USA, New Hampshire, Nashville, Chicago, Pocono, Indianapolis, Michigan, Miami

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer. Included in the deal are well known labels like Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy. The New York City company also owns SweetWater Brewing Company, Montauk Brewing Company, Alpine Beer Company, and Green Flash Brewing Company. Tilray said that the transaction, which was announced in August, will triple its beer sales volume from four million cases to 12 million. A deluge of criticism and hate erupted soon after Mulvaney cracked open a Bud Light in an Instagram video.

Persons: Tilray, Tilray Brands, Irwin Simon, Busch, Bud Light, influencer Dylan Mulvaney, Mulvaney, Bud Light’s, Bump Williams Organizations: Anheuser, Busch, Breckenridge Brewery, Point Brewing Company, Brewing Company, Redhook, Widmer Brothers Brewing, Cider Company, HiBall Energy, Tilray, New, SweetWater Brewing Company, Montauk Brewing Company, Alpine Beer Company, Green Flash Brewing Company, Modelo, Nielsen, Bump Williams Consulting Locations: New York City

☆ 'We are running out of time,' Siemens CEO says on energy transition
▼ + stars: | 2023-10-02 | 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 Email'We are running out of time,' Siemens CEO says on energy transitionRoland Busch, Siemens CEO, says we are running out of time," on the energy transition. "We have to really take action now," he says.

Persons: Roland Busch Organizations: Siemens

TALLADEGA, Ala. (AP) — Ross Chastain, the runner-up in NASCAR's championship last season, crashed out of Sunday's playoff race at Talladega Superspeedway in a collision with fellow title contenders Kyle Busch and Christopher Bell. Chastain was in a pack of cars racing to the flag that marked the end of the first stage. Busch hit the wall trying to avoid running into the back of Stenhouse, just as Chastain tried to slide through the middle to advance his position. That caused the Chevrolet from Trackhouse Racing to hit the wall and take a second hit from Bell. Chastain, who won at Talladega last year, has struggled in his four previous starts on Charlotte's hybrid road course/oval track.

Persons: — Ross Chastain, Kyle Busch, Christopher Bell, Chastain, Ricky Stenhouse, Busch, Stenhouse, ” Chastain, ”, “, we'll, Joey Logano, William Byron Organizations: Talladega, Chevrolet, Busch, Trackhouse, Bell, Charlotte Motor, “, Martinsville Speedway, Texas, 300th, Hendrick Motorsports, NASCAR, Charlotte Motor Speedway Locations: Ala, Talladega

☆ Bank of America upgrades AB InBev, sees margins expanding as brewer leaves Bud Light backlash behind
▼ + stars: | 2023-09-29 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Anheuser-Busch InBev is approaching a margins inflection point, supporting a stock rerating for the world's largest beer maker, according to Bank of America. The analyst added that the permanent profit hit, estimated to exceed $1 billion, from the Bud Light backlash in the U.S. this year is now part of the base case. Without the Bud Light issue, Pistacchi estimates Anheuser-Busch could have expanded its margins by more than 30 basis points above its current forecasts. U.S.-listed shares of AB InBev are down more than 10% this year as Bud Light sales took a hit. BUD YTD mountain BUD in 2023 —CNBC's Michael Bloom contributed to this report.

Persons: Andrea Pistacchi, Pistacchi, Bud, BUD YTD, BUD, —, Michael Bloom Organizations: Anheuser, Busch InBev, Bank of America, ABI, Argentine, Bud, Busch, InBev, Bud Light Locations: U.S, LatAm, . U.S

☆ Stocks making the biggest moves midday: Tesla, Nike, Carnival, Nvidia and more
▼ + stars: | 2023-09-29 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Tesla — Stock in the electric vehicle company added 1.5% in midday trading Friday. Canaccord Genuity reiterated a buy rating on the EV stock on Thursday ahead of vehicle deliveries data. Elsewhere, Citi remained neutral on Tesla and reduced its vehicle delivery forecast to 450,000 from 468,500. Bumble — The online dating platform added 3% after Loop Capital Markets upgraded the stock to buy from hold. Corcept Therapeutics — Shares slumped 17% in midday trading as the firm contends with ongoing litigation against Teva Pharmaceuticals.

Persons: Elon Musk, Canaccord Genuity, Tim Wentworth, Roz Brewer, Bumble —, Cushing, Teva, — CNBC's Pia Singh, Alex Harring, Michelle Fox, Hakyung Kim, Darla Mercado Organizations: U.S, Senate, Intelligence, Capitol, Washington , D.C, Citi, Barclays, Anheuser, Busch InBev — U.S, LSEG, Cruise, Wonder Group, Nvidia —, Blackwell, Nvidia, Nike —, Nike, Walgreens, Bloomberg, Therapeutics, Teva Pharmaceuticals, Texas, Northcoast Research Locations: Washington ,

☆ Stocks making the biggest moves before the bell: Nike, Blue Apron, Bumble and more
▼ + stars: | 2023-09-29 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. Nike — The sneaker behemoth added nearly 10% in premarket trading after a mixed earnings report. Brinker International — The Chili's parent climbed 4% after Stifel upgraded the stock to buy from hold. Editas Medicine — The genome editing company popped 9% in premarket trading following a Stifel upgrade to buy from hold. Ball — Shares added 1.7% in premarket trading after the aluminum-can maker was upgraded by Jeffries to buy from hold.

Persons: Brinker, Stifel, Jeffries, —, Northcoast, CNBC's Brian Evans, Pia Singh, Jesse Pound, Michelle Fox Organizations: Nike, Opry, LSEG, Uranium Energy, Wonder Group, Anheuser, Busch InBev —, Bank of America, Stifel, KFC, Research Locations: Nashville , Tennessee, Olive

☆ Here are Friday's biggest analyst calls of the day: Tesla, Ford, Apple, Amazon, Disney, Nike, FedEx and more
▼ + stars: | 2023-09-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America reiterates Disney as buy Bank of America said it's standing by its buy rating on the stock. Morgan Stanley reiterates Ford as overweight Morgan Stanley said it's standing by its overweight rating on shares of Ford despite the United Auto Workers strike. Canaccord reiterates Tesla as buy Canaccord said its standing by its buy rating on Tesla ahead of its upcoming delivery numbers report. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on shares of Apple. Morgan Stanley reiterates Amazon as overweight Morgan Stanley said Amazon continues to be the "dominant" player in e-commerce.

Persons: Jefferies, Edward Jones downgrades Berkshire Hathaway, Edward Jones, Morgan Stanley, Ford, it's, Canaccord, Tesla, we've, Goldman Sachs, Raymond James, Bud Light, Apple, Amazon, Brinker, Stifel, Huntington Organizations: Jefferies, Ball Corporation, Bank of America, Disney, DIS, CYE23, Texas, 3Q23, Brands, Burger King, Ford, United Auto Workers, HSBC, FedEx, UPS, DHL, Nike, Immunology, " Bank of America, Anheuser, Busch InBev, of America, Apple, Citi Locations: Texas, QSR, North America, Asia, ZION

☆ The disruptive effect of weight loss drugs like Ozempic could have surprising impacts on the stock market. Here are potential winners and losers.
▼ + stars: | 2023-09-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +7 min

The potential ripple effects of GLP-1 weight loss drugs like Ozempic and Wegovy are far-reaching. These are the stock market's potential winners and losers of the fast-growing weight loss drugs. By contrast, typical weight loss without GLP-1 drugs is mostly driven by a reduction in fat, not muscle. AdvertisementAdvertisementFast-food chains and junk-food companiesMorgan Stanley surveyed 300 patients taking GLP-1 drugs and found that calorie intake dropped 20%-30% on a daily basis. AdvertisementAdvertisementBeer and tobacco companiesAnecdotes from patients taking GLP-1 drugs indicate that the drug helps curb certain addictive behaviors like smoking cigarettes or drinking alcohol.

Persons: Eli Lilly, Catalent, Fisher, McKesson, Baird, Jeff Johnson, Johnson, Morgan Stanley, Kreme, Morgan Stanley's, Phillip Morris Organizations: Service, Street, Novo Nordisk, JPMorgan, Nordisk, Bloomberg, Fitness, Nike, Inspire, Tandem Diabetes Care, KFC, Yum Brands, Anheuser, Busch, Molson Coors Locations: Wall, Silicon, GLP

☆ Companies turn to crisis PR firms when money, reputation is at risk
▼ + stars: | 2023-09-24 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +12 min

“A scandal breaking on a Tuesday is very different than one breaking on a Friday, because on Tuesday you’re going to have the rest of the week for stories to drop and snowball. You need to stick with the stance you’re taking, and it might mean you’re going to lose a subset of your audience. Dylan Mulvaney/InstagramThe most prominent case study experts pointed to was the Bud Light public relations fiasco in April, when America’s erstwhile No. “Oftentimes, now, the bigger risk is the social media spread.”“Prior to social media, people felt less empowered to share their opinions,” said Jennings. Often for crisis communication, you’re not trying to counter the reality, you’re trying to counter the perception.”However, as much as social media stokes the flames of PR crisis, the platforms can be effective mitigation tools.

Persons: “, ”, Ben Kaplan, ’ ”, Lauren Jennings, Alison Brod, Jennings, Rather, Evan Nierman, Deborah Hileman, Kaplan, we’re, We’re, Nierman, Dylan Mulvaney, Bud Light, Bud, influencer Dylan Mulvaney, Mulvaney, Bud Light’s, Brendan Whitworth, ” …, you’re, Johnson, ” “, stokes, that’s Organizations: CNN, Top Agency, Alison Brod Marketing, Communications, Institute for Crisis Management, InBev, Anheuser, Busch, Facebook, YouTube Locations: “

Wallace moved up three spots to ninth in the standings, still one below the cutoff line when this round is done. Byron finished 1.863 seconds ahead of Chastain for his sixth win of the season, the most in the Cup series. For the first time since Texas opened in 1997, the race wasn't scheduled for 501 miles, and was 100 miles shorter. He finished only 73 laps and was 34th in the 36-car field, dropping from sixth to 12th in the playoff standings. Blaney and Buescher finished second and third in that race that had 57 lead changes among 21 drivers.

Persons: — William Byron, Texas Motor Speedway, Bubba Wallace, Chase Briscoe, Byron, Wallace, Ross Chastain, Chastain, Kyle Larson, Wallace hadn't, Larson, Ryan Blaney, Tyler Reddick, Hendrick, Denny Hamlin, Joe Gibbs, Ty Gibbs, Chris Bueshcher, Christopher Bell, BUSCH, Kyle Busch, didn't, Richard Childress, “, Something's, it's, ” Busch, Busch, Austin Dillon’s, Todd Gilliland, Ford, Blaney, Buescher Organizations: Texas Motor, NASCAR, Hendrick Motorsports, Texas, Chevrolet, Talladega, Richard Childress Racing Chevrolet, Talladega Superspeedway Locations: Texas, Charlotte

☆ Budweiser says it has stopped chopping the tails of the iconic Clydesdale horses used in its commercials and promotions
▼ + stars: | 2023-09-21 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Budweiser's famous horses will have longer tails now that the company has stopped clipping them. Anheuser-Busch, the parent company of the beer brand, said in a press release on Wednesday that it no longer clips its Clydesdales' tails, a procedure known as docking. Budweiser Clydesdales handler John Fink walks the horses prior to bathing them at Houston Polo Club. In its campaign, PETA noted that horses use their tails to communicate and swat away flies, which can carry diseases. The Clydesdale breed of horses originated in Scotland and are synonymous with the Budweiser brand .

Persons: John Fink, They've, Amy Trout Organizations: Anheuser, Busch, Budweiser, PETA, Service, Veterinary Medical Association, Houston Polo Club, Houston Chronicle, Hearst Newspapers, Getty, American, Clydesdale, Super, Pro Football Hall of Fame, Empire State Locations: Wall, Silicon, Scotland, Missouri, New England

☆ Anheuser-Busch says it has stopped cutting tails of Clydesdales
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

The Budweiser brewing company Clydesdale horses arrive for the second 2016 U.S. presidential debate at Washington University in St. Louis, Missouri, October 7, 2016. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsSept 20 (Reuters) - Brewer Anheuser-Busch said on Wednesday it has stopped cutting off the tails of Clydesdale horses used in publicity for its Budweiser brand of beer after People for the Ethical Treatment of Animals (PETA) launched a campaign against the practice. "The safety and well-being of our beloved Clydesdales is our top priority. The practice of equine tail docking was discontinued earlier this year," Anheuser-Busch, part of the Anheuser-Busch InBev (ABI.BR) global brewing giant, said in a statement. PETA launched its campaign against docking just before the big game last February.

Persons: Rick Wilking, Brewer Anheuser, Busch, Daniel Trotta, Edwina Gibbs Organizations: Budweiser, Clydesdale, Washington University, REUTERS, Animals, PETA, Anheuser, Busch, Busch InBev, American Veterinary Medical Association, Super, Thomson Locations: St, Louis , Missouri, Scotland

☆ Anheuser-Busch to stop cutting off Clydesdale horse tails after backlash
▼ + stars: | 2023-09-20 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Anheuser-Busch InBev said it will no longer cut the tails of the iconic Clydesdale horses used in its signature Budweiser commercials and at events, following extended backlash from animal rights groups. However, the practice known as "docking," which can involve cutting through a horse's tailbone, has come under scrutiny. Anheuser-Busch on Wednesday said it has stopped cutting off tails. PETA said it found some representatives for Anheuser-Busch have said they trimmed the hairs on the tails rather than cut them off. In a statement to CNBC, PETA said it's celebrating the beer maker's decision to stop cutting horse tails by "cracking open some cold ones."

Persons: Dylan Mulvaney, Busch Organizations: Anheuser, Busch InBev, Clydesdale, Busch, Veterinary Medical Association, Animals, Budweiser, PETA, CNBC, American Humane

☆ Anheuser-Busch Says It Has Stopped Amputating Tails of Budweiser Clydesdales
▼ + stars: | 2023-09-20 | by ( Orlando Mayorquin | More About Orlando Mayorquin | ) www.nytimes.com time to read: +1 min

Facing pressure from animal rights activists, Anheuser-Busch announced on Wednesday that it had ended the practice of amputating the tails of its Budweiser Clydesdales, the familiar equine figures in the brewing company’s advertising campaigns for nearly a century. The move came as Anheuser-Busch, Budweiser’s parent company, has faced criticism for the practice, which is banned in several countries and has been denounced as inhumane by animal welfare organizations. “The safety and well-being of our beloved Clydesdales is our top priority,” an Anheuser-Busch spokeswoman said in a statement on Wednesday. “The practice of equine tail docking was discontinued earlier this year.”Earlier this year, Anheuser-Busch drew criticism after the release of an investigation by People for the Ethical Treatment of Animals, or PETA, that documented the amputations at breeding and training facilities for the Budweiser Clydesdales in Missouri.

Persons: “, Busch Organizations: Anheuser, Busch, Budweiser, PETA Locations: Missouri

☆ Budweiser won’t cut off the tails of its famous Clydesdale horses
▼ + stars: | 2023-09-20 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —PETA said it’s “cracking open some cold ones” after Anheuser-Busch said it’s ending the practice of cutting the tails of Budweiser’s iconic Clydesdale horses. Budweiser has featured the horses, with their ubiquitous white feathered legs, in its ad campaigns for decades, from the holidays to the Super Bowl. But the practice of “docking,” which is when the tail’s hair is cut short and which can result in parts of the tailbone being shaved off, has long been under fire from animal rights groups. The American Veterinary Medical Association said the practice has become “cosmetically fashionable” in some breeds for competitions or shows. At least ten states have banned the docking of horses’ tails, the AVMA said.

Persons: Busch, it’s, ”, “, influencer Dylan Mulvaney’s Organizations: New, New York CNN, PETA, Anheuser, Clydesdale, Budweiser, Super, Veterinary Medical Association Locations: New York

☆ MLB roundup: Adam Wainwright beats Brewers for 200th win
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +9 min

Mandatory Credit: Jeff Curry-USA TODAY Sports Acquire Licensing RightsSeptember 19 - Adam Wainwright scattered four hits over seven innings and earned his 200th career victory as the St. Louis Cardinals edged the visiting Milwaukee Brewers 1-0 on Monday. Starter Freddy Peralta (12-9) allowed one run on four hits in six innings for the Brewers (84-66). Ty Blach (3-2) yielded seven runs in 3 2/3 innings. The Nationals dropped the opener of their final homestand of the season, giving them six defeats in the past seven games. Woo (4-4) started a major league game in Oakland for the first time, miles from where he starred at Alameda High School.

Persons: Adam Wainwright, Jeff Curry, Wainwright, Bob Gibson, Jesse Haines, John King, Ryan Helsley, Willson Contreras, Freddy Peralta, Zack Wheeler, Wheeler, Johan Rojas, Bryce Harper, Realmuto, Nick Castellanos, Kyle Schwarber, Kyle Wright, Cedric Mullins socked, Mullins, Ryan Pressly, Ryan O'Hearn, Austin Hays, O'Hearn, Jason Verlander, John Means, Garrett Cooper, Luis Campusano, Eguy Rosario, Brenton Doyle flied, Josh Hader, Michael Wacha, Ty Blach, Nolan Jones, Brendan Rodgers, Jones, Martinez, Miguel Rojas, Lance Lynn, Jake Rogers, Eduardo Rodriguez, Drew Waters, Trevor Stephan, Waters, Jackson Kowar, James McArthur, Andres Gimenez, Gabriel Arias, Connor Phillips, Phillips, Royce Lewis, Alex Kirilloff, Jeff McNeil slugged, Rob Refsnyder's, Rafael Devers, Bobby Dalbec, Luis Urias, Urias, Kutter Crawford, Josh Winckowski, Crawford, Marcus Semien, Will Smith, Mike Clevinger, Luis Robert Jr, Dominic Smith's, Joan Adon, Bryan Woo, Jose Caballero, Woo, JP Organizations: Louis Cardinals, Milwaukee Brewers, Busch, USA, Cardinals, Brewers, Phillies, Braves, Atlanta, Philadelphia, League, Orioles, Astros, Baltimore, Houston, Rangers, Mariners, American League West, AL East, Tampa Bay Rays, Padres, Rockies, Colorado, The Padres, The Rockies, Dodgers, Tigers, Detroit, National League West, Royals, Kansas City, Cleveland, De, Guardians, Reds, Twins, Cincinnati, Minnesota, Triple, The Twins, American League Central, Cleveland Guardians, Mets, Marlins, Miami, National League, Arizona Diamondbacks, Chicago Cubs, Cincinnati Reds, Red Sox, Texas, White Sox, Nationals, Chicago, Washington, Athletics, Seattle, Oakland, Alameda High School, JP Sears, Thomson Locations: Louis , Missouri, USA, Philadelphia, Arizona, Baltimore, Houston, Diego, Los Angeles, De Los Santos, Kansas, Louisville, New York, Boston, Arlington, Oakland

Denny Hamlin didn't chill Sunday with his bravado that this is indeed the year he will finally win a NASCAR championship. The day after his win at Bristol Motor Speedway hurdled Hamlin and his No. 11 team into the second round of NASCAR's playoffs, Hamlin was still pumping his chest. Hamlin shared a back-and-forth with the crowd, and that's when he first declared that this is, finally, his year. Hamlin only got the win in Bristol but was strong enough to sweep the opening two races, won by Larson and Reddick.

Persons: Denny Hamlin, hurdled Hamlin, Hamlin, ” Hamlin, Bubba Wallace, Joe Gibbs, Gibbs, He's, Hamlin didn't, Ross Chastain, Kyle Larson, Tyler Reddick, Joey Logano, Kevin Harvick, Hamlin gnawed, I've, I’m, I’ve, Ned Jarrett, Junior Johnson, “, ”, Martin Truex Jr, Christopher Bell, Truex, Logano, ” Truex, William Byron, Kyle Busch, Richard Childress, Chastain, Ford, Ryan Blaney, Brad Keselowski, Chris Buescher, Reddick, doesn't, Chris Gabehart Organizations: NASCAR, Bristol Motor, 23XI Racing, Darlington, Bristol, of Fame, JGR, ” Chevrolet, Hendrick Motorsports, Trackhouse, Team Penske, RFK Racing, Larson Locations: Tennessee, Phoenix, Kansas, Bristol

☆ Here are Friday's biggest analyst calls: Apple, GM, Amazon, Zoom, Arm, Rivian, Ford, Deere & more
▼ + stars: | 2023-09-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

HSBC initiates Zoom as buy HSBC said Zoom is the leader in video conferencing. HSBC initiates Deere as buy HSBC said in its initiation of Deere that it sees "upside in the cycle." HSBC initiates Salesforce as buy HSBC said in its initiation of the stock that it's a "margin expansion story." HSBC initiates Snowflake as buy HSBC said Snowflake is well positioned for AI. HSBC initiates Oracle a buy HSBC said in its initiation of Oracle it likes the company's cloud platform.

Persons: Morgan Stanley, Rivian, it's, TD Cowen, Needham, Piper Sandler, Piper, KEY's, Lauder, Redburn, Wolfe, Goldman Sachs, Goldman, Casella, Zoom, Snowflake, Northcoast, Apple, Salesforce, Ford Organizations: Bank of America, underperform Bank of America, HSBC, Anheuser, Busch InBev, UBS, WWE, UFC, Systems, Moffett, Deere, Oracle, of America, Amazon, Apple, Lenovo, Adobe, General Motors, Ford, GM, UAW Locations: Americas, 2H23, North America, U.S, China

☆ Buy Bud Light owner AB InBev stock as U.S. headwinds deteriorate next year, TD Cowen says
▼ + stars: | 2023-09-15 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

TD Cowen says Bud Light owner Anheuser-Busch InBev is a long-term growth story with strong margins and exceptional market share. The firm initiated coverage of the beverage stock with an outperform rating and a 63 euro per share price target on Thursday. Shares of the Bud Light owner stock have slipped nearly 5% from the start of the year. Analyst Vivien Azer says that while challenges in the U.S. have been well covered , the company is still the dominant global leader in beer with exceptional profit margins. "We believe ABI is capable of sustainable long-term MSD dividend growth and continued deleverage, driven by industry leading beer profit margins and strong free cash flow conversion," Azer said.

Persons: TD Cowen, Bud, BUD YTD, Vivien Azer, Azer, — CNBC's Michael Bloom Organizations: Bud Light, Anheuser, Busch InBev Locations: U.S

☆ Bank of America says it's an official economic recovery now so history points to these stocks outperforming ahead
▼ + stars: | 2023-09-11 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

There appears to be an economic rebound taking place — and history shows ways to play it in the market, according to Bank of America. "It's official: we're in a Recovery," wrote strategist Savita Subramanian in a note to clients Sunday. An average recovery lasts nine months, though shorter durations seen in recent history raise concern that this one may not have staying power, she said. Still, the average analyst has a hold rating on the stock, according to LSEG. The average analyst has a hold rating on the stock, but price targets imply an upside of more than 7% on average.

Persons: Savita Subramanian, Subramanian, FactSet, Piper Sandler, John Barnidge, Barnidge, AIZ, Newell, Canaccord, Brian McNamara, McNamara, Molson Coors, Bud, Invesco, — CNBC's Michael Bloom Organizations: Bank of America, Wall, Newell Brands, LSEG, destocking, Anheuser, Busch InBev, Bud Light, TAP BUD, Molson Coors, Busch Inbev, Molson, ZOA Energy Locations: U.S

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