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☆ 100 years of stock-market history show the sell-off is likely only half done, says a 30-year market vet who called the downturn. Here are 3 criteria to watch to know when the worst is over.
▼ + stars: | 2022-11-19 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

Jon Wolfenbarger thinks stock-market investors are still too optimistic that a bear market bottom is coming sometime in the immediate-to-near future. When bear markets occur when valuations are relatively high, the bear markets tend to drag on longer. The median bear market length during periods of high valuation among those listed above is 17 months, Wolfenbarger said, compared to 13 months when valuations are attractive. Given that the current market sell-off began amid some of the highest valuations in history, Wolfenbarger said he expects the bear market to last 17 months or longer. Wolfenbarger's views in contextIn June, Societe Generale conducted a similar analysis to Wolfenbarger's and looked at bear markets over the last 150 years.

☆ Evercore ISI downgrades Lyft, recommends owning Uber shares instead
▼ + stars: | 2022-11-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Lyft 's latest earnings report underscores why Uber is the stock to own in the ongoing battle between the two ridesharing companies, according to Evercore ISI. To be sure, Lyft saw one of its strongest periods of active driver growth over the last year, Mahaney noted. That said, Lyft did lose some market share to Uber as the company rolled out temporary driver incentives. Looking ahead, Mahaney called Lyft's fourth-quarter outlook "soft," noting that he expects slower year-over-year revenue growth. Lyft shares have tumbled roughly 67% this year.

As recently as August, Lachlan Murdoch described sports betting as "a huge opportunity" for Fox Sports, telling Wall Street it would fuel viewer engagement. The sports betting app Fox Bet is available in four states, with just 0.2% share of the U.S. market, according to researcher Vixio. A free version called Fox Bet Super 6 has attracted some 6 million users whom Fox hopes to eventually convert to gamblers. The growth of Fox Bet has stagnated since market-leading FanDuel's owner, Flutter Entertainment Plc (FLTRF.L), acquired Stars Group in 2020. The matter is the subject of an arbitration case and Lachlan Murdoch told investors a decision is expected imminently.

☆ HSBC upgrades Ferrari to buy, says luxury carmaker stock is 'not expensive'
▼ + stars: | 2022-10-27 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Analyst Edoardo Spina upgraded Ferrari to buy from hold, and lowered his price target, saying the carmaker will continue to maintain earnings momentum from here. "Quarter after quarter and year after year, Ferrari has almost flawlessly delivered on a textbook luxury strategy – exclusivity, pricing and delivering highly desirable products. Given this track record we see no reason to doubt its 2026 targets," Spina wrote in a Thursday note. While luxury names are not necessarily recession proof, the analyst said Ferrari can be, as demand for its luxury vehicles remain robust in a downturn. Regardless, the new price target is roughly 20.5% above the Oct. 25 closing price of €199.05, according to the note.

FactSet data showed short interest in Nikola increased by 12% to 97.4 million shares. Short interest in Carvana also rose by 10% to 34.6 million shares, or about 36% of the overall float. Investors also mounted bets against Wayfair , with short interest rising 14% to 21.2 million shares. Short interest data is updated twice a month and reported mid-month and at the end of the month. The next release date is Nov. 9 for short interest data as of Oct. 31).

☆ Here are Wednesday's biggest analyst calls: Tesla, Netflix, Apple, Exxon, Robinhood, Alphabet & more
▼ + stars: | 2022-10-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's staying bullish heading into earnings next week. Evercore ISI downgrade Petco to in line from outperform Evercore said in its downgrade of the pet store that it sees too many headwinds. " Evercore ISI downgrades Lowe's to in line from outperform Evercore said in its downgrade of Lowe's that it sees slowing home improvement demand. Evercore ISI downgrades Boston Beer to in line from outperform Evercore said in its downgrade of Boston Beer that estimates are too high. Bank of America reiterates Alphabet as buy Bank of America s aid Alphabet is a "defensive stock with valuation support."

☆ Nissan takes $687 mln loss as sells Russian business for 1 euro
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +3 min

A view shows the logo of Nissan on a car in Moscow, Russia, July 6, 2016. The Japanese automaker transfer its shares in Nissan Manufacturing Russia LLC to state-owned NAMI, it said. The deal will give Nissan the right to buy back the business within six years, Russia's industry and trade ministry said. The deal makes Nissan the latest major company to leave Russia since Moscow sent tens of thousands of troops into Ukraine in February. The Nissan deal was "of great significance for the industry," Russia's Industry and Trade Minister Denis Manturov said in a statement.

☆ Factbox: Companies sell their businesses in Russia
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +9 min

The logo of French tyre maker Michelin is seen at a company building in Boulogne-Billancourt, near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier/File PhotoOct 10 (Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they seek to comply with sanctions over the Ukraine conflict and deal with threats from the Kremlin that foreign-owned assets may be seized. Below is a list of firms by sector that have sold their businesses in Russia:AUTOS** British car distributor Inchcape (INCH.L) sold its Russian business to local managementRegister now for FREE unlimited access to Reuters.com Register** Italian truck and bus maker Iveco (IVG.MI) transferred its 33% stake in its AMT truck assembly joint venture in Russia to a local partner** French tyre maker Michelin (MICP.PA) intends to transfer its activities in Russia to a new entity under local management by end-2022** French carmaker Renault (RENA.PA) sold its majority stake in Avtovaz (AVAZI_p.MM) to a Russian science institute, and transferred all shares in Renault Russia to the city of Moscow** MAN Truck & Bus and Scania, units of German truck maker Traton (8TRA.DE), expect to sell their sales companies in Russia to local partners along with Scania's Russian financing business by Q1 2023BANKS** Britain's HSBC (HSBA.L) agreed to sell its Russian business to Expobank, subject to regulatory approvals in Russia** Czech investment group PPF sold its Russian banking assets, including consumer lender HCFB and its subsidiaries, to investors led by Ivan Tyryshkin** France's Societe Generale (SOGN.PA) sold its Russian business Rosbank (ROSB.MM) to Interros Capital, a firm linked to Russian oligarch Vladimir PotaninCONSUMER ELECTRONICS** Swedish home appliance maker Electrolux (ELUXb.ST) transferred its business in Russia to local management** Its Electrolux Professional (EPROb.ST) branch also sold its Russian business to local management** Whirlpool (WHR.N) sold its Russian operations to Turkey's Arcelik (ARCLK.IS)ELECTRICAL COMPONENTS & EQUIPMENT** Finland's Boreo (BOREO.HE) sold its 90% stake in YE Russia to companies controlled by its current director Yrjö Pönni** U.S. industrial firm Emerson Electric (EMR.N) agreed to sell its Russia business to the local management** Finnish elevator maker Kone (KNEBV.HE) expects to close the sale of its Russian business to local management in Q4 2022** France's Schneider Electric (SCHN.PA) expects to close the sale its Russian unit to local management by end-2022** U.S. elevator maker Otis (OTIS.N) sold its Russia business to local investment firm Ice DevelopmentENERGY** French industrial gases producer Air Liquide (AIRP.PA) agreed to shift its Russian assets to local management, subject to regulatory approvals in Russia** Baker Hughes (BKR.O) agreed to sell its oilfield services business in Russia to local management, with closing expected in H2 2022** Italian utility Enel (ENEI.MI) sold its 56.43% stake in Enel Russia to Lukoil (LKOH.MM) and private fund Gazprombank-Frezia** Norway's Equinor (EQNR.OL) transferred assets of its Russian oil and gas joint ventures to state-owned partner Rosneft (ROSN.MM), and its 30% stake in the Arctic Kharyaga oilfield to state-controlled Russian operator Zarubezhneft** U.S. oilfield services firm Halliburton (HAL.N) sold its Russia operations to a management team made up of former employees** Oil major Shell (SHEL.L) sold its Russian retail and lubricants business to Lukoil** Singapore-based commodities trader Trafigura sold its 10% stake in Vostok Oil project in Siberia to Hong Kong-registered trading firm Nord Axis** Total Energies (TTEF.PA) sold its remaining 20% interest in the Kharyaga oil project to Zarubezhneft, and its 49% stake in Terneftegaz to joint venture partner NovatekFOOD & BEVERAGES** Finland's Atria (ATRAV.HE) sold its fast food business in Russia, Sibylla Rus, to Russian meat producer Cherkizovo (GCHE.MM)** Finland's Fazer sold its Russian unit to Moscow's Kolomenskij Bakery and Confectionery Holding** Irish ingredients giant Kerry Group (KYGa.I) sold its Russian subsidiary to local management and agreed to offload its Belarusian unit to a local operator** Fast food chain McDonald's (MCD.N) sold its Russian business to its licensee Alexander Govor** Finnish food and drinks company Paulig sold its operations in Russia to private Indian investor Vikas Soi** Yum Brands (YUM.N) sold its Pizza Hut business in Russia to a local operator** Finnish food processing firm Raisio (RAIVV.HE) sold its consumer business in Russia to Copacker Agro** Finnish dairy producer Valio sold its Russian business to GK VelkomINDUSTRIAL MACHINERY** Polish measuring devices maker Apator's (APTP.WA) Powogaz unit divested its entire stake in Russia-based AO Teplovodomer** Danish industrial firm Danfoss agreed to sell its Russian and Belarusian business to local management, subject to approval by shareholders and regulatory approvals in Russi

☆ Slots to smartphones: Pandemic sends Australia’s gambling problem online
▼ + stars: | 2022-09-29 | by ( ) www.nbcnews.com time to read: +5 min

Australia’s gambling industry has been in the spotlight in recent years, with public inquiries lashing its biggest casino operators due to lapses in money laundering protections. Online gambling has also been the focus of inquiries, but with its increasing prevalence, the government has answered consumer advocates with a pledge to take a deeper look. Australia overtook Britain, which has nearly three times its population, to rank third by online loss, behind the United States and Japan, said H2. The new center-left federal government this month said it will hold a parliamentary inquiry into online gambling, though some recommendations of a 2015 inquiry are yet to take effect. “At their fingertips they have 24-hour access to gambling online.

Online gambling has also been the focus of inquiries, but with its increasing prevalence, the government has answered consumer advocates with a pledge to take a deeper look. Australia overtook Britain, which has nearly three times its population, to rank third by online loss, behind the United States and Japan, said H2. The new centre-left federal government this month said it will hold a parliamentary inquiry into online gambling, though some recommendations of a 2015 inquiry are yet to take effect. "At their fingertips they have 24-hour access to gambling online. Wareham, the coffee technician, said he no longer uses poker machines and that family responsibilities help him control his online betting.

☆ Grab expects to break-even on adjusted EBIDTA by H2 2024 - CFO
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +1 min

A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. REUTERS/Anshuman DagaSINGAPORE, Sept 27 (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, expects to break even on its adjusted EBIDTA by the second half of 2024 as it accelerates toward profitability, company officials said on Tuesday. Its group adjusted EBIDTA loss is expected to be $380 million for the second half of 2022, a 27% improvement compared with the first half of the year. "Our cash position is not something that we take for granted. Grab, which listed on the Nasdaq in December following a record $40 billion merger with a blank-check company, has been under investor pressure to stem losses from its decade-old business.

☆ Apple's new AirPods Pro are worth the $249 even if you already own the older version
▼ + stars: | 2022-09-22 | by ( Sofia Pitt | ) www.cnbc.com time to read: +7 min

Sofia PittTransparency mode is actually transparentWhen you're using your AirPods Pro and you're not in noise cancellation mode, you're in what Apple calls transparency mode. There's a built-in speaker in the new AirPods Pro that plays a sound so you can locate your lost AirPods. Audio quality is superiorThe new AirPods Pro have superior audio for a few reasons. I don't have a single bad thing to say about the new AirPods Pro. When I was too lazy to dig through my bag and get my new AirPods Pro, I listened to an audiobook with the older AirPods.

☆ 'It's a very different pace': An American executive living in Sweden shares his 6 a.m. to 10 p.m. daily routine
▼ + stars: | 2022-09-20 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +7 min

Mark Bula is the chief commercial officer at H2 Green Steel in Stockholm, Sweden. Behind him on his left is Henrik Henriksson, CEO of H2 Green Steel. H2 Green Steel7:30 a.m. — arrive at the officeWhen he gets to the office, Bula checks his emails and touches base with the company's salespeople. In Sweden, Bula picks up fresh food at the store, walks the dog, and then goes home to prepare dinner. At H2 Green Steel, "there's always something different about it, and I find that to be a lot of fun."

☆ UE// Colibași – exemplu pentru raionul Cahul la accesibilitatea grupurilor sanitare. VIDEO
▼ + stars: | 2021-06-24 | by ( ) ziuadeazi.md time to read: +4 min

Casa de cultură din satul Colibași, raionul Cahul, are, deja, grupuri sanitare accesibile inclusiv pentru persoane cu nevoi speciale. Pentru a urmări tot mersul lucrărilor și a asigura transparența utilizării fondurilor europene, în cadrul acestui proiect, cetățenii au format un grup de monitorizare. „La ultima ședință am constat că a fost greșită dimensiunea lavoarului cu 5cm. A fost întocmit procesul verbal și acum urmează să fie refăcută lucrarea” ne-a mai spus interlocutorul. Stația de epurare a apei deja este instalată și se așteaptă finisarea lucrărilor la grupurile sanitare din incinta Casei de cultură.

Persons: Victoria Organizations: A.O, Cahul, Uniunii Europene, Uniunea Europeană, UE, Agenția, Cooperare, Germaniei, Presei Locations: Colibași, Cahul, Victoria Matveev, Raionul Cahul, Republica Moldova

☆ Revista NANO ENERGY a publicat o nouă lucrare științifică marca UTM
▼ + stars: | 2021-06-14 | by ( Onixmedia Srl | ) diez.md time to read: +5 min

univ., dr. hab. hab., șef DMIB, Oleg LUPAN, directorul Centrului Nanotehnologii și Nanosenzori, UTM, în colaborare cu echipa prof. univ., dr. hab. hab., UTM) a fost formată ad-hoc pentru soluționarea unei probleme specifice, implicând profesioniști din Republica Moldova în strânsă colaborare cu cei de la Kiel University – Germany, PSL Université – France, University of Central Florida – USA, University of Leeds – United Kingdom, University of Brescia – Italy, Utrecht University – The Netherlands. Acest material a fost scris și redactat de echipa UTM.

Persons: Nicolai ABABII, ., . hab, Oleg LUPAN, ABABII, Rainer ADELUNG, . Zhong Lin WANG, Drd, Oleg Lupan Organizations: ENERGY, UTM, Universitatea Tehnică a Moldovei, Universitatea din, Georgia Institute, Germany, PSL, University of Central, University of, United Kingdom, Open Locations: Universitatea din Kiel, Germania, Georgia, Republica Moldova, Franța, Italia, SUA, Olanda, Anglia, Kiel University, University of Central Florida, USA, University of Leeds, University of Brescia, Italy, Utrecht, Netherlands

☆ US TV advertisers will spend close to $20 billion in this year's upfronts
▼ + stars: | 2021-05-25 | by ( Ross Benes | ) www.businessinsider.com time to read: +3 min

Advertisers will spend $19.90 billion upfront in the 2021-2022 TV season, an increase of 7.6% over the previous cycle. Our upfront TV ad spending forecast includes TV ad spending resulting from the national primetime TV upfronts. In June 2020, we had forecast a 27.1% decrease in that season's upfront TV ad spending. We now estimate just a 3.5% dip, however, as advertisers spend $18.50 billion on upfront commitments with TV networks. When we compare the 2020–2021 season with the cycle two years prior, we see about a $2 billion drop in upfront TV ad spending.

☆ Dispozitive bazate pe heterostructuri, stabile la umiditate
▼ + stars: | 2021-05-17 | by ( Onixmedia Srl | ) diez.md time to read: +4 min

Dispozitive bazate pe heterostructuri, stabile la umiditate – pentru teste de respirație și baterii portabileDoctoranzii Nicolai ABABII și Nicolae MAGARIU sub îndrumarea prof. În lucrare, autorii prezintă straturi de CuO acoperite cu pelicule ultra-subțiri de 6 nm și 15 nm de Al 2 O 3 cu o stabilitate excepțională și un răspuns la hidrogen gazos la o umiditate relativ ridicată (84% RH). Se raportează senzori de H 2 gazos pe baza acestor heterostructuri care prezintă o selectivitate extraordinară față de alte molecule gazoase și stabilitate în prezența umidității. Importanța acestei elaborări rezidă în optimizarea completamente a tehnologiei și a proprietăților suprafeței, datorită acoperirii și formării nanomaterialelor heterostructurate care îmbunătățesc stabilitatea umidității în timpul testelor de detectare a gazelor H 2 . Oleg LUPAN activează la UTM timp de 27 de ani și este directorul Centrului Nanotehnologii și Nanosenzori, din cadrul Departamentului Microelectronică și Inginerie Biomedicală, Facultatea Calculatoare, Informatică și Microelectronică, Universitatea Tehnică a Moldovei.

Persons: MAGARIU, ., . hab, Oleg LUPAN, Nicolai ABABII, Nicolae MAGARIU Organizations: Universitatea Tehnică a Moldovei, Universitatea din, Universitatea, Petrol, RH, UTM, NATO, Peace Locations: Universitatea din Kiel, Germania, India, Universitatea din Leeds, Regatul Unit, Universitatea Utrecht, Olanda, Republicii Moldova, Moldova

☆ Care sunt medicamentele compensate de care puteți beneficia pentru tratamentul COVID-19 la domiciliu
▼ + stars: | 2021-04-11 | by ( Maria Svet | ) www.zdg.md time to read: +3 min

Începând cu data de 15 decembrie 2020, Consiliul pentru medicamente compensate din fondurile asigurării obligatorii de asistență medicală, a decis să asigure compensarea schemei de tratament a infecției cu COVID-19 la domiciliu cu medicamente compensate. Medicamentele compensate care pot fi eliberate fără prescripție medicală sunt prescrise la necesitate pentru copiii cu vârsta de 0-18 ani cu forme ușoare și moderate de boală. Este vorba despre:antipiretice: Paracetamolum;antiinflamatoare (în caz de sindrom febril): Ibuprofenum ;; mucolitice și expectorante: Ambroxolum, Acetylcysteinum sau Carbocisteinum. Medicamente compensate în proporție de 100% pentru copii și 70% pentru adulți, inclusiv neasigurațiPersoanele suspecte sau confirmate cu noul coronavirus au acces gratuit la asistenţa medicală urgentă prespitalicească, primară, de ambulator, spitalicească, precum și la medicamente compensate pentru tratamentul la domiciliu al formelor uşoare şi medii de COVID-19. Medicamentele destinate tratamentului infecției cu coronavirus de tip nou COVID–19 sunt compensate în proporție de 100% pentru copiii cu vârsta de 0-18 ani și de 70 % – pentru adulți, atât persoanelor asigurate, cât și celor neasigurate.

Persons: III Locations: antiagregante, antiastmatice

☆ o soluție ecologică pentru satele Moldovei
▼ + stars: | 2020-11-25 | by ( ) ziuadeazi.md time to read: +6 min

Alimentarea cu apă și crearea sistemelor de canalizare a localităților reprezintă prioritatea majoră pentru autoritățile de diferite niveluri, dar și pentru partenerii de dezvoltare. Dar în cazul instituțiilor mai mari, cum ar fi școlile, grădinițele și centrele medicale – construcția foselor septice nu este o soluție. Grupul sanitar vechi al liceului din s. ColibașiGrupul sanitar vechi al liceului din s. ColibașiGrupul sanitar vechi al liceului din s. ColibașiGrupul sanitar nou al liceului din s. ColibașiGrupul sanitar nou al liceului din s. ColibașiGrupul sanitar nou al liceului din s. ColibașiGrupul sanitar nou al liceului din s. ColibașiGrupul sanitar nou al liceului din s. Colibași„Pe lângă toate problemele localității, probabil noi, cei de la APL, la unele etape am scăpat din vedere un element, o problemă foarte importantă pentru localitățile noastre, problemă care are un impact direct asupra cetățenilor noștri – sistemul de sanitație. La nivel național era nevoie de o cerință: ca sistemul de aprovizionare cu apă a localității să fie construit în paralel cu construcția sistemului de sanitație. Stația de epurare a Casei de Cultură, care este în proces de proiectare, ar urma să asigure cu apă pentru irigație parcul din sat.

Persons: Uniunea Europeană . Momentan Organizations: Cultură, Uniunea Europeană Locations: Cahul, Colibași

☆ Autosalonul GBS: Un an împreună cu HAVAL
▼ + stars: | 2020-10-26 | by ( ) www.jurnal.md time to read: +3 min

Pe 25 octombrie brandul de automobile Haval a sărbătorit prima sa aniversare pe piața Moldovei. În anul 2013, când marca Haval a apărut în lume, vânzările într-un an au ajuns la numărul de 400.000 automobile. Pentru a ajunge pe primul loc în lume la categorie SUV, Haval a încadrat în lucru mai mult de 1500 persoane din diferite țări. Numărul țărilor unde se vinde marca Haval a crescut, trecând pragul de 60. În autosalonul GBS, modelul Haval H2 este accesibil cu motorul 1.5T, cutia mecanică sau automată, cu tracțiune integrală și față.

Persons: Haval Organizations: Moldovei, Haval Locations: Moldova, Jurnal.md, Chișinău

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