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☆ Sanctions on Russia aluminum could send ripple effects through global supply chains
▼ + stars: | 2022-10-21 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +3 min

watch nowAluminum is the latest casualty of global economic headwinds as prices sink amid alleged dumping of Russian aluminum, weakening global demand and soaring operational costs. Earlier this week, stocks of aluminum in the London Metals Exchange (LME) warehouses leapt, sparking concerns of potential dumping of Russian-origin aluminum. The White House is already considering a ban on aluminum imports from Russian producer Rusal. Aluminum is the latest casualty of global economic headwinds as prices sink amid alleged dumping of Russian aluminum, weakening demand across the world including China and soaring operational costs. Any influx of Russian aluminum into LME warehouses also pose a more complex problem, Dhar said in a note.

☆ Wells Fargo downgrades Lockheed Martin, believes defense company will lag behind competitors
▼ + stars: | 2022-09-28 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Defense company Lockheed Martin is not expected to grow as much as competitors do in the coming years, according to Wells Fargo. Lockheed Martin will be in particularly bad shape if it doesn't win the Future Vertical Lift contract, which has a role in producing future long-range assault aircrafts. This underlies the fact that defense stocks can slide depending on the volatility of geopolitics, Akers said. Shares of Lockheed Martin currently trade at a premium compared to peers, Akers said. Akers also downgraded L3Harris Technologies to equal weight from over weight, while remaining equal weight on Northrop Grumman and overweight on General Dynamics .

The incessant drumming of a woodpecker on a hollow tree can be an annoying distraction for anyone who has to listen to it. “When you study songbirds, hummingbirds and parrots, you find areas that control vocal learning express parvalbumin more than other parts of the brain,” Fuxjager said. Future studies will look for other similarities, such as if the patterns of woodpecker drumming are learned at an early age, like the singing of songbirds, he said. Fuxjager noted that there are more than 200 species of woodpecker around the world and that they inhabit every continent, except Australia. Scientists study the singing of songbirds — and possibly now the drumming of woodpeckers — because it has parallels to human speech.

☆ 'Bring the pain': Major banks raise forecasts for rate hikes after Fed's stern actions
▼ + stars: | 2022-09-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

Goldman Sachs The call : A 75 basis point move in November, 50 basis points in December and 25 basis points in February, for a peak of 4.5%-4.75%, up half a percentage point from the previous expectation. Citigroup The call : November to see 75 basis points, followed by 50 in December and 25 in February, adding a cumulative 25 basis points for a terminal rate of 4.5%-4.75%. Both calls were 25 basis points higher than previous. One more 25 basis point hike in February, followed by a 50 basis point cut "in the latter portion of the year." UBS The call : 75 basis points in November, another 50 in December, with three 25 basis point cuts later in 2023.

☆ This week's best performers include a solar stock loved by Wall Street analysts
▼ + stars: | 2022-09-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Analyst Matthew Harrison's price target of $851 implies 20% upside from Thursday's close. Regeneron is already trading above its average analyst price target, according to FactSet. Still, SolarEdge has 17.5% upside, according to the average price target. Lastly, Norwegian Cruise Line Holdings rallied 11% so far this week and it has another 17.5% upside to the average analyst price target, according to FactSet. On Monday, Stifel analyst Steven Wieczynski reiterated his $26 price target , which suggests 82% upside from Thursday's close.

(video) „Este o nouă zi pentru America.” Are loc ceremonia de investire în funcția de președinte a lui Joe BidenPreședintele ales al SUA, Joe Biden, a postat miercuri pe Twitter că este „o nouă zi” pentru America, cu puțin înainte de învestitura sa în funcție, transmite AFP, notează AGERPRES„Este o nouă zi pentru America”, a postat pe Twitter fostul vicepreședinte al lui Barack Obama în această zi a tranziției de putere. După ce a asistat la o slujbă în catedrala St Matthew din Washington alături de liderii republicani și democrați din Congres, el urmează să se îndrepte spre Capitoliu pentru a depune jurământul, în jurul prânzului. Fostul președinte Donald Trump a plecat cu avionul prezidențial Air Force One spre reședința sa din Florida, de la Mar-a-Lago, alături de fosta primă doamnă Melania Trump. Deși nu va participa la ceremonia de învestitură, fapt fără precedent în ultimii 150 de ani, Trump a respectat măcar o tradiție, aceea de a-i lăsa o scrisoare lui Joe Biden, care nu se știe în posesia cui se află, transmite AGERPRES.

Persons: Joe Biden, Barack Obama, St Matthew, Donald Trump, Melania Trump, Trump Organizations: Air Force Locations: America, SUA, St, Washington, Congres, Capitoliu, Florida, Mar -, AGERPRES

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