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A successful career could start behind a cash register or at a drive-thru window. More than 3 million people work at fast food restaurants across the U.S., according to the latest numbers published by the Bureau of Labor Statistics. Working in fast food offers opportunities to cultivate "critical soft skills" including time management, customer service, communication and adaptability, Boyd says. But the most important skill you develop as a fast food employee is learning to work quickly and efficiently under pressure. "It was the first opportunity that gave me a strong work ethic and started me on my way to my career," Rigsby, 36, said.
Persons: Tiffanie Boyd, McDonald's, Boyd, Jeff Bezos, Barack Obama, Queen Latifah, Cody Rigsby, — Rigsby, he's, Rigsby, it's Organizations: Bureau of Labor Statistics, CNBC, Amazon, Global Locations: U.S, McDonald's, Greensboro , North Carolina, New York City
But in the end, it's fundamentals that drive earnings and earnings that drive stock prices. Looking ahead to next week, we'll get several important macroeconomic updates along with nine Club earnings reports. Economic releases Next week is Jobs Friday when we get the government's monthly nonfarm payrolls report. Club stock earnings Club name Caterpillar (CAT) reports third-quarter results before the opening bell Tuesday. DuPont (DD) is set to report earnings.
Persons: it's, we'll, nonfarm payrolls, We'll, Estee Lauder, Eli Lilly, BUD, Jerome Powell, Kraft Heinz, WEN, Papa John's, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Caterpillar, GE Healthcare, DuPont, Bausch Health, Starbucks, Apple Watch, VF Corp, GE HealthCare, Pfizer, JetBlue, Anheuser, Busch InBev, Devices, Caesars Entertainment, Cruise, CVS Health, Brinker International, Yum Brands, PayPal, Qualcomm, Mondelez, Novo Nordisk, Barrick, Penn Entertainment, Paramount Global, Marriott, Ferrari, Molson Coors, TAP, Coinbase, Natural Resources, Booking Holdings, International, Monster Beverage, Health, Resources, Dwight, Restaurant Brands, Sempra Energy, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange Locations: North America, China, New York City, U.S
2024 women's Tour de France route
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: 1 min
CyclingDominant Dutch cycling team Jumbo-Visma aim to stay at the front of the peloton next season with the help of an unlikely addition to their coaching set-up -- swimming guru Jacco Verhaeren. 10:46 AM UTC
Persons: Jacco Verhaeren
It will be the first time since 1989 that the last stage of the race will be actually competed. "The last three four days will be very tough because we will be in the mountains," Tour director Christian Prudhomme told Reuters. "We were committed to avoid Paris because of the Olympics," Prudhomme told Reuters. "We went to the Tourmalet last year, we wanted to go to iconic places and L'Alpe d'Huez is part of cycling's history," women's Tour director Marion Rousse told reporters. "It's the toughest stage in Tour de France Femmes history with 4,000m of altitude gain.
Persons: Christian Prudhomme, Marion Rousse, Stephanie Lecocq, L'Alpe d'Huez, Florence, Marco Pantani's, la, Greg Lemond, pip France's Laurent Fignon, Jonas Vingegaard, Prudhomme, L'Alpe, du Glandon, Julien Pretot, Christian Radnedge Organizations: France, Femmes, Rights, Summer, Monaco, Reuters, de, Thomson Locations: Paris, France, Marion, Nice, Italy, Rimini, Massif, Netherlands, Belgium
Oct 25 (Reuters) - Dominant Dutch cycling team Jumbo-Visma aim to stay at the front of the peloton next season with the help of an unlikely addition to their coaching set-up -- swimming guru Jacco Verhaeren. "Over the past few years, I have often exchanged ideas with Jacco", Jumbo-Visma sporting director Merijn Zeeman said in a statement announcing the unusual collaboration. "After our best season, we have to keep looking for improvements and new insights. Together with (head of performance) Mathieu Heijboer, I have come to the conclusion that Jacco can provide us with these new ideas and different insights from another sport. "What Jumbo-Visma does with my advice is up to them."
Persons: Jacco, Primoz Roglic, Jonas Vingegaard, Sepp Kuss, Pieter van den Hoogenband, Inge de Bruijn, Merijn Zeeman, Mathieu Heijboer, Verhaeren, Martyn Herman, Christian Radnedge Organizations: France, Paris Olympics, Thomson Locations: Espana
Memon, who cofounded the artificial-intelligence healthcare startup Eureka Health, credits rucking with conditioning his body to keep up with his high-energy pup. Memon hiking around the Bay Area with a weighted backpack. She told Insider she'd seen an uptick in people interested in adding rucking and weight training to their outdoor activities like trail running and hiking. He doesn't ruck outside but wears a weighted vest purchased from Amazon while completing his routine in the gym, which includes time on the StairMaster as well as lifting traditional weights. The venture capitalist Zamir Shukho's dog, Lord Lincoln, wears a weighted vest on walks.
Persons: Zain Memon, Joy, Zain Memon Memon, Memon, It's, , Henry Merriam, REI, Wilson Kriegel, — Kriegel, Wendy Winn, she'd, Winn, Charlie Hale, I'm, Amanda Bradford, rucking, She's, Bradford, I've, Zamir Shukho's, Lord Lincoln, Zamir Shukho, begrudgingly, Vibranium.VC Organizations: Eureka Health, US Army, National Parks Service, Amazon, Group Locations: Buena Vista, Sutro, San Francisco, Silicon, TikTok, North, New York City, New York, Los Angeles, Austin , Texas, Bird, American Staffordshire
"Based on our analysis, we see FIS as undervalued at 9x '24 P/E and upgrade to Overweight from Equal Weight." "We upgrade shares of KTB to Buy from Neutral and see 22% upside to our new $56, 12-month price target. Goldman Sachs upgrades Best Buy to buy from neutral Goldman said it sees multiple expansion for the electronic retailer. Can a 'growth stock' work if earnings don't grow in 2024? JPMorgan upgrades First Solar to overweight from equal weight JPMorgan said it sees an attractive entry point for the solar company.
Persons: Goldman Sachs, Goldman, Lee, Morgan Stanley, Tesla, Oppenheimer, it's bullish, Jefferies, CrowdStrike, we've, outperforming ytd, Bernstein, Disney, Wells Organizations: Street, Barclays, Fidelity National Information Services, Brands, Nike, Netflix, Disney, ESPN, Citi, Microsoft, UW, NA, Deutsche Bank, Starbucks, Deutsche, Bank of America, of America, JPMorgan Locations: destocking, Mexico, Wells Fargo, China, OW, Aptiv
Tesla — Shares of the electric vehicle manufacturer dropped more than 7% after it reported third-quarter earnings results that failed to impress investors. Zscaler — This cybersecurity company was also up nearly 2% in premarket trading, after Jefferies similarly upgraded it on Thursday, citing an improved growth outlook. First Solar — Shares added nearly 2% in premarket trading after JPMorgan upgraded the renewable energy company to overweight. Blackstone — The alternative asset manager fell 3% in premarket trading after Blackstone's third-quarter results came in below expectations. Las Vegas Sands — Shares popped more than 5% after Las Vegas Sands reported third-quarter revenue that topped expectations.
Persons: Goldman Sachs, Jefferies, Aptiv, Curtis Nagle, LSEG . Blackstone, Blackstone, Lam, FactSet, , Sarah Min, Jesse Pound, Samantha Subin Organizations: LSEG, Netflix, Goldman, JPMorgan, Bank of America, Wall Street, Vegas Sands, Lam Research Locations: LSEG, Vegas, Lam
The logo for Lululemon Athletica is seen at a store in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Oct 16 (Reuters) - Lululemon Athletica's (LULU.O) stock jumped by more than 10% to an almost two-year high on Monday buoyed by the addition of the Canadian sportswear maker into the Wall Street benchmark S&P 500 index. Inclusion of a company into the S&P 500 usually causes demand for its shares to jump as mutual fund managers and other institutional investors tracking the index begin adding the stock to their portfolios. The stock is now up nearly 30% year-to-date, giving the company a market capitalization of more than $52 billion. In September, Lululemon agreed to a deal with Peloton Interactive (PTON.O) to become the primary athletic-apparel maker for the U.S. fitness bike manufacturer.
Persons: Andrew Kelly, Dow Jones, Lululemon, Chibuike Oguh, Lance Tupper, Sharon Singleton Organizations: REUTERS, Activision Blizzard, Microsoft, Interactive, Lululemon, Thomson Locations: Manhattan , New York, U.S, New York
I spent a night at the first location of Hilton's new Tempo hotel brand in New York. My expensive Wellness Room with a Peloton and convenient amenities was one of the nicest I've stayed in. AdvertisementAdvertisementWhen I think of the perfect location for a comfortable and upscale hotel, I don't picture the heart of Times Square. But to my shock, Hilton has managed to pull this off with the first location of its new Tempo by Hilton lifestyle hotel brand. In late September, Insider paid a discounted media rate for me to spend one night in the new Tempo by Hilton Times Square, following its opening on August 8.
Persons: , Hilton Organizations: Tempo, Service, Hilton, Hilton Times Locations: New York, York City, Queens , Brooklyn, Manhattan, Midtown , Manhattan
Here's a look at some of biggest sales events happening now. This year, other big-name retailers are getting a head start by launching their own holiday sales earlier than ever, according to Katie Roberts, consumer analyst with DealNews.com . You can set up deal alert notifications on Amazon or through your Alexa device so you'll know when the price changes. Prime members can also sign up for invite-only deals on the items that typically sell out fast. But first, you must be an Amazon Prime member.
Persons: Katie Roberts, Andrea Woroch, fryer, Dyson, Barbie Organizations: DealNews.com, Black, Amazon, Sony, Bose, Philips, Finance, July's, Hasbro Locations: iRobot
UBS initiates Fiverr as buy UBS said the Israeli online marketplace company has "significant upside." UBS upgrades Fluor to buy from hold UBS said the construction and engineering stock is underappreciated. Bank of America upgrades Orange to buy from underperform Bank of America double upgraded the European telco company and says it has upside potential. Bank of America reiterates Blackrock as buy Bank of America said the asset management company is well positioned. Mizuho reiterates Nvidia as buy Mizuho added the stock to its top picks list and says it's an AI winner.
Persons: Morgan Stanley, Tesla, it's, underappreciate FLR, TD Cowen, Key, Goldman Sachs, Goldman, Oppenheimer, Mizuho, Coinbase, Bernstein, PTON Organizations: US, UBS, Americas Corp, Bank of America, underperform Bank of America, Tech, of America, Apple, JPMorgan, Netflix, ARM, " Bank of America, Blackrock, Nvidia, Mizuho, NOVA Locations: Argentina, Argentine, Orange, 3Q23, 4Q23
Temasek units put new spin on SPAC pass the parcel
  + stars: | 2023-10-03 | by ( ) www.reuters.com   time to read: +2 min
SINGAPORE, Oct 3 (Reuters Breakingviews) - Convincing companies to list in Singapore, the tiny Asian financial hub, has long been a tall order. Hopes that special-purpose acquisition companies would be able to help looked ill-timed: three listed on the city-state’s exchange in January 2022, just as its stock market peaked and the appeal of blank-cheque firms was waning. The SPAC is sponsored by Vertex Venture Holdings, a venture-capital firm indirectly owned by Temasek. The SPAC maintains that Temasek is not involved in the business or operational decisions of any of these entities. Investment firms like Blackstone (BX.N)have offloaded portfolio companies to SPACs in the past – just not usually to ones they set up.
Persons: Antony Currie, Katrina Hamlin Organizations: Reuters, Technology, Corp, Vertex Venture Holdings, Temasek . Companies, Temasek, Blackstone, Vertex Technology, Singapore Exchange, X, Thomson Locations: SINGAPORE, Singapore, Taiwan, Japan
Grocer profit will be sacrificed on UK food altar
  + stars: | 2023-10-03 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Oct 3 (Reuters Breakingviews) - British shoppers enjoyed a novel experience last month: lower food prices. Admittedly, the fall in the average food basket between August and September was just 0.1%, according to the British Retail Consortium. But it was the first monthly fall in food prices since July 2021 and brought down overall retail inflation to 6.2%, the lowest in a year. That’s good for consumers, especially those who like dairy products, margarine, fish and vegetables – the items that caused the overall fall. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Helen Dickinson, Francesco Guerrera, Aimee Donnellan, Oliver Taslic Organizations: Reuters, British Retail Consortium, Bank of, Grocers, X, Temasek, Thomson Locations: Bank of England
Brookfield pounces on two new green trends
  + stars: | 2023-10-03 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Oct 3 (Reuters Breakingviews) - European green assets are starting to look cheap. That’s the implication of Brookfield’s $1 billion swoop on Banks Renewables, one of the UK’s largest green energy developers. Having largely deployed a $15 billion energy transition-focused fund outside Europe, the Canadian investment giant’s new geographical focus is unlikely to be a one-off. Amid a green bubble in early 2021, when Orsted was worth $80 billion, Banks might have fetched way more. While Banks is big in onshore wind farms, the bulk of its 3.5 GW pipeline is focused on solar power and battery storage.
Persons: Orsted, Banks, George Hay, Aimee Donnellan, Oliver Taslic Organizations: Reuters, Banks Renewables, International Energy Agency, Brookfield, X, Temasek, Thomson Locations: Europe, Brookfield
Birkenstock walks tightrope with $11 bln price tag
  + stars: | 2023-10-02 | by ( ) www.reuters.com   time to read: +2 min
A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch Acquire Licensing RightsLONDON, Oct 2 (Reuters Breakingviews) - Birkenstock is taking a bold step forward. Fresh from publicity from the Barbie movie, the German sandals maker is targeting a valuation of up to $11 billion, including debt, in its New York stock listing next week. Hoping to build confidence among investors, owner L Catterton has secured the backing of anchor investors including Bernard Arnault’s investing vehicle Financière Agache and Norway’s wealth fund. At $44 to $49 per stock, the offer values the group’s equity between $8.3 billion and $9.2 billion.
Persons: Fabrizio Bensch, L Catterton, Bernard Arnault’s, Martens, Pamela Barbaglia, Lisa Jucca, Oliver Taslic 私, Organizations: REUTERS, Reuters, Nike, 「 Reuters Locations: Berlin, Germany, New York
Asymmetric pay policy keeps US prone to shutdown
  + stars: | 2023-09-29 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Jonathan Ernst Acquire Licensing RightsNEW YORK, Sept 29 (Reuters Breakingviews) - U.S. legislators could use more skin in the shutdown game. Lawmakers will collect their salaries during the halt, however long it lasts, but nearly 1.5 million public workers will go without wages. The average salary for a federal employee was already 24% lower than the private-sector equivalent last year, wider than 2021’s gap, according to the Federal Salary Council. The $174,000 annual salaries paid to each of the 535 U.S. legislators, meantime, will be unaffected. Their median net worth is just over $1 million, according to the nonprofit research outfit OpenSecrets, so the paychecks are important to most of them.
Persons: Kevin McCarthy, Jonathan Ernst, Ben Winck, Jeffrey Goldfarb, Sharon Lam Organizations: U.S, Capitol, REUTERS, Reuters, Republican Party, Federal Salary Council, Thomson Locations: Washington , U.S
Cellnex’s Nordic towers sale is a good omen
  + stars: | 2023-09-29 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Sept 29 (Reuters Breakingviews) - Marco Patuano is starting with a small but firm step. After years of M&A-fuelled expansion, the new CEO wants to return Cellnex to investment grade and focus on organic growth and efficiency. Cellnex shares shot up 4% Friday, adding 1 billion euros to the group’s market capitalisation. If Patuano can keep finding buyers for his assets, he may soon return his company to investment grade. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Marco Patuano, Patuano, Pierre Briancon, Lisa Jucca, Streisand Neto Organizations: Reuters, X, Thomson Locations: Italian
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DigitalBridge — Shares of the digital infrastructure company jumped 5.8% after JPMorgan upgraded the company to overweight from neutral. After the market closed Wednesday, Jefferies posted earnings of 22 cents per share on revenue of $1.18 billion. Accenture — Shares of the IT and consulting firm fell nearly 5% Thursday after Accenture reported mixed results for its fiscal fourth quarter. The used-car retailer's fiscal second-quarter earnings and revenue slipped from a year ago on weakening demand for used cars. Concentrix — Shares gained 10% a day after Concentrix said it would hike its quarterly dividend 10% to about 30 cents a share.
Persons: Trimble —, DigitalBridge, Jefferies, Duolingo, Wolfe, Lululemon, CarMax, Concentrix, FactSet, , Jesse Pound, Christina Cheddar, Berk Organizations: Corporation, JPMorgan, Jefferies, UBS, Resorts, Wolfe Research, Accenture —, Accenture, StreetAccount, Micron, LSEG
Micron — The chipmaker's shares fell 3.4% Thursday before the bell on the back of a weaker-than-expected earnings forecast. For the fiscal fourth quarter, the company posted a narrower-than-expected loss as well as revenue that topped expectations. CarMax — Shares fell nearly 12% as fiscal second-quarter earnings fell from a year ago on weakening demand for used cars. Peloton — Shares popped nearly 14% in premarket trading Thursday after Peloton and Lululemon announced a five-year strategic partnership on Wednesday. The company's fourth-quarter earnings forecast of $3.03 to $3.15 per share also fell below analysts' forecasts of $3.33 per share, according to FactSet.
Persons: Ryan Cohen, Matthew Furlong, CarMax, Lululemon, DigitalBridge, Concentrix, FactSet, , Sarah Min, Pia Singh Organizations: Micron, LSEG, GameStop, UBS, JPMorgan
Lululemon and Peloton truce removes one speed bump
  + stars: | 2023-09-28 | by ( ) www.reuters.com   time to read: +2 min
Yoga mats are seen on display in a Lululemon Athletica store in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly Acquire Licensing RightsTORONTO, Sept 28 (Reuters Breakingviews) - Lululemon Athletica (LULU.O) and Peloton Interactive’s (PTON.O) truce couldn’t have come fast enough. The apparel firm and exercise-bike maker said on Wednesday they entered into a five-year partnership to make Peloton the exclusive digital fitness content provider for Lululemon, while Lululemon would become Peloton’s primary athletic apparel partner. Peloton gains a foothold in apparel while Lululemon members will gain access to thousands of Peloton classes. It’s easy to envisage Lululemon offering Peloton subscriptions for a discount at checkout time, say, or for Peloton to send a free T-shirts with a bike.
Persons: Andrew Kelly, Lululemon, Sharon Lam, , quagmire, Lauren Silva Laughlin, Aditya Sriwatsav Organizations: REUTERS, Rights, Reuters, X, Thomson Locations: Manhattan , New York, U.S
Lululemon laid off 120 employees who worked on its Mirror device. The company announced a five-year partnership with Peloton this week. Lululemon laid off about 120 workers on Wednesday as it announced plans to stop selling its Mirror connected-fitness device, according to an internal memo that was viewed by Insider. The job cuts came to the company's Lululemon Studio team, the part of the company that ran Mirror's operations. During its fourth-quarter earnings call this March, Lululemon announced it had taken a $443 million impairment charge related to the Mirror acquisition.
Persons: Lululemon, Brynn Putnam Locations: Lululemon
Micron Technology — The chip stock slid 4% in extended trading after Micron offered weaker-than-expected earnings guidance for the current quarter. Micron said to expect a loss of $1.07 per share, while analysts polled by LSEG, formerly known as Refinitiv, expected 95 cents. Fuller reported $1.06 in earnings per share, excluding items, on $900.6 million in revenue, while analysts polled by FactSet forecast $1.14 in earnings per share on $954 million in revenue. The consensus estimate of analysts polled by FactSet sat slightly higher at 70 cents per share. The company guided full-year revenue between $420 million and $430 million, less than the $432.8 million forecast by analysts.
Persons: Lululemon, Jefferies, Fuller, Duckhorn, FactSet Organizations: Micron Technology, Micron, LSEG, Jefferies, FactSet
In this articleJen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California. Peloton shares spiked Wednesday as the company announced a five-year partnership to develop digital fitness content for Lululemon . The fitness company's stock soared as much as 30% in extended trading. Lululemon said it will stop selling the Studio Mirror device by the end of the year. Please check back for updates.
Persons: Jen Van Santvoord, Lululemon Locations: San Anselmo , California
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