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☆ 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 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

☆ 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 ,

☆ 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

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

☆ 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: “

☆ 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

There's co-owner Denny Hamlin, who has won at the track four times, more than anyone else. Political Cartoons View All 1148 ImagesHamlin got a poor jump on the last restart, couldn't chase Reddick down and finished second. Then the bottom lane opened up there and it was crazy.”Even crazier: It was the third win for the No. 45 car of 23XI in the last four races at Kansas , and all with different drivers after Busch and Wallace won last year. Its owner, meanwhile, nearly pulled off the sweep after Hamlin won in the spring.

Persons: Tyler Reddick, There's, Denny Hamlin, Kurt Busch, Bubba Wallace, Reddick's, Billy Scott, ”, Reddick, Hamlin, couldn't, Erik Jones, Kyle Larson, Joey Logano, “, ” Reddick, Wallace, Joe Gibbs, It's, ” Hamlin, Chris Buescher, — Reddick, Martin Truex, Larson, Brad Keselowski, Chase Elliott, Elliott, Buescher, Logano, WHO’S, Truex, Kevin Harvick, Christopher Bell Organizations: KANSAS CITY, Kan, 23XI, Kansas Speedway, Kansas, NASCAR, Darlington, Busch, Bristol, Keselowski, Team Penske, RFK Racing, Daytona, Truex Locations: KANSAS, Denny, Kansas, Bristol, Talladega

☆ Bill Gates made a nearly $100 million bet on Bud Light
▼ + stars: | 2023-09-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

Gates bought the stock around the time A-B reported earnings that fully encompassed the fallout from Bud Light’s partnership with transgender influencer Dylan Mulvaney. Last month, A-B said that its US revenue fell 10% in the second quarter, hampered by falling Bud Light sales. A few weeks later, Modelo overtook Bud Light in sales at grocery and beer stores, according to NIQ data, marking the first time Modelo has ever beaten Bud Light on a year-to-date basis. However, the difference is slim with Modelo holding 8.34% share of dollars spent on beer vs. 8.28% for Bud Light through August 12. Gates, who has previously admitted that he’s “not a big beer drinker,” has bought other beer brands too.

Persons: Bud Light’s, Bill Gates, Melinda Gates, Gates, influencer Dylan Mulvaney, Bud, Bud Light, he’s, ” Organizations: New, New York CNN, Anheuser, Busch, Melinda Gates Foundation Trust, Revenue, Modelo, Bud Light, Heineken Holding Locations: New York, North America, Canada, United States

☆ Jim Abbott: The night of that no-hitter
▼ + stars: | 2023-09-04 | by ( Don Riddell | ) edition.cnn.com time to read: +12 min

CNN —Jim Abbott was used to dealing with uncomfortable social situations; in some ways, they were all he’d ever known. Abbott was about to pull off a no-hitter, one of the rarest feats in Major League Baseball. Baseball insiders will tell you that nobody ever sees a no-hitter coming, and that was certainly true for Jim Abbott. “I had some pretty serious anxiety about that game,” Abbott said in 2013. The Detroit Tigers scoreboard posting YANKEES JIM ABBOTT HAS THROWN A NO HITTER VS CLEVELAND INDIANS during Detroit Tigers vs Chicago White Sox at Tiger Stadium.

Persons: Jim Abbott, who’d, “, Abbott, ‘, ”, what’s, ” Abbott, John Zich, James E, Sullivan, Carl Lewis, Peyton Manning, Michael Phelps, Don Mattingly, ” Mattingly, he’d, Stephen Dunn, Jim Thome, Manny Ramirez, Albert Belle, Kenny Lofton, Matt Nokes, JIM ABBOTT, Chuck Solomon, Lofton, Felix Fermin, Bernie Williams, Carlos Baerga, Randy Velarde, it’s, Mattingly, I’ve, NASCAR's Busch, Kevin Winter, Jim’s, that’s, he’s, Nick Newell, Newell, Kevin Laue, Shaquem Griffin, “ There’s, Jim, Scott Halleran, He’s, wasn’t Organizations: CNN, CNN Sport, Yankee, Major League Baseball, University of Michigan, Wolverines, Big Ten, Pan American Games, Seoul, MLB, Yankees, Major League, California Angels, New York Yankees, Chicago White Sox, Milwaukee Brewers, Cleveland Indians, Baseball, Cleveland, Detroit Tigers, CLEVELAND INDIANS, Tiger, Sports, Los Angeles Coliseum, Martial Arts, NFL, Toronto Blue Jays Locations: New York, Flint , Michigan, AFP, US, California, Bronx, Cleveland

☆ The Investing Club's top 10 things to watch in the stock market Wednesday
▼ + stars: | 2023-08-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Citigroup maintains a buy rating on Club name Apple (AAPL) ahead of its Sept. 12 product event, while reiterating a $240-per-share price target on the stock. As ever, Apple is an "own it, don't trade it" stock ahead of the product launch. Morgan Stanley downgrades Centene (CNC) to equal weight, from overweight, while lowering its price target on the stock to $73 a share, down from $94. 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.

Persons: Stocks, —, Johnson, Morgan Stanley downgrades Centene, Morgan Stanley, Bernstein, James Hollingshead, Wolfe, BUD, Bud Light, KeyBanc, Jim Cramer's, Jim Cramer, Jim Organizations: ADP, Federal Reserve, Labor, Citigroup, Apple, Citi, FedEx, Health, Humana, Bernstein downgrades Texas, Wolfe Research, NFL, Anheuser, Busch InBev, Molson Coors Beverage, Constellation Brands, Google, Club, Nvidia, HP Inc, Jim Cramer's Charitable, CNBC Locations: U.S

☆ Rising caffeine levels spark calls for ban on energy drink sales to children
▼ + stars: | 2023-08-30 | by ( Kailyn Rhone | ) www.reuters.com time to read: +5 min

[1/2] FILE PHOTO-Prime energy drink cans sit on a shelf at Target in Brooklyn, New York, U.S., August 18, 2023. Rival products like Anheuser Busch InBev-backed (ABI.BR) Ghost energy drinks and Kim Kardashian's “Kimade” energy drink also have 200 mg of caffeine. In the U.S. and UK, no national regulations ban the sale of high-caffeine energy drinks. She added: "Any energy drink with a high dose caffeine in it, such as Prime Energy, is unsafe for children." “I got confused because when you first see the can, it’s hard to see where it says energy drink.

Persons: Kim Kardashian's, Holly Benjamin, Dr, Benjamin, Chuck Schumer, Alani, Logan Paul, KSI, Shick, ”, “, Bonnie Patten, TINA, GNC, Vanessa O'Connell, Lisa Shumaker Organizations: REUTERS, Prime Energy, Anheuser Busch InBev, Monster Energy, University of Chicago, American Academy of Child, Psychiatry, FDA, U.S, Ghost Energy, Congo Brands, American Medical Association, Walmart, Target, Energy, Kailyn, Thomson Locations: Target, Brooklyn , New York, U.S, Canada, Australia, New Zealand, Congo, Florida, Kailyn Rhone, New York

☆ Hurricane Idalia chases Florida residents from the Gulf Coast as forecasters warn of storm surge
▼ + stars: | 2023-08-29 | by ( ) www.cnbc.com time to read: +7 min

The result could be a big blow to a state still dealing with lingering damage from last year's Hurricane Ian. She had a message for the almost 900 residents who were under mandatory orders to evacuate the island near the coast of the Big Bend region. More than a dozen state troopers went door to door warning residents that storm surge could rise as high as 15 feet (4.5 meters). At 2 p.m. EDT Tuesday, Idalia was about 240 miles (390 kilometers) south-southwest of Tampa, with maximum sustained winds of 90 mph (150 kph), the National Hurricane Center said. Idalia's initial squalls were being felt in the Florida Keys and the southwestern coast of Florida on Tuesday afternoon, including at Clearwater Beach.

Persons: Idalia, Ian, Sue Colson, Colson, Andy Bair, Hurricane Hermine, Bair, we're, Ron DeSantis, Brian Kemp, Russell Guess, Brian McNoldy, McNoldy Organizations: National Weather Service, Cedar Key, City, National Hurricane Center, Florida Keys, Clearwater Beach . Workers, Carolinas, . Georgia Gov, National Guard, Cunningham Tree Service, University of Florida, MacDill Air Force Base, Tampa Bay, Busch Gardens, United Launch Alliance, Atmospheric Administration, University of Miami Locations: Coast, Gulf, Mexico, Florida, Tallahassee, Bend, Cedar, Tarpon Springs, Tampa, Clearwater Beach, Georgia, Valdosta , Georgia, Cuba, Pinar del Rio, Hawaii, Canada, Greece, California, Vermont, Gainesville

☆ Heineken exits Russia with one-euro sale of operations
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Piroschka van de Wouw/File Photo Acquire Licensing RightsBRUSSELS, Aug 25 (Reuters) - Dutch brewer Heineken (HEIN.AS) said on Friday it had completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic one euro. Heineken announced its intention to exit Russia in March 2022, after Russia's invasion of Ukraine, acknowledging that the process had taken longer than expected. Many multinational companies flocked to leave Russia after the West imposed unprecedented sanctions on Moscow, but the Kremlin has retaliated by seizing some assets. Heineken had seven breweries in Russia and 1,800 employees, who will receive employment guarantees for the next three years. The Dutch brewer removed its Heineken brand from Russia last year and production of Amstel is to be phased out within six months.

Persons: de, Dolf van den Brink, Vladimir Putin, Turkey's, Heineken, Philip Blenkinsop, Jane Merriman Organizations: Heineken, REUTERS, Rights, Arnest, Kremlin, Anheuser, Busch InBev, Arnest Group, Thomson Locations: Nijmegen, Netherlands, Dutch, Russia, Ukraine, Moscow, Russian, Amstel

☆ MLB roundup: Red Sox ring up 24 hits, pummel Astros 17-1
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +7 min

All nine batters in Boston's starting lineup recorded at least one RBI and at least one of the club's season-high 24 hits. The offensive showcase provided more than enough run support for Red Sox starter Brayan Bello (10-7), who gave up one run on nine hits in seven innings. Mauricio Dubon doubled twice for the Astros, who went 1-for-12 with runners in scoring position and left 11 men on base. Rays 5, Rockies 3Josh Lowe hit a go-ahead, two-run homer in the eighth inning, helping host Tampa Bay complete a series sweep of Colorado. Palacios hit a two-run home run and Ji Hwan Bae added an RBI single for the Pirates, who have lost two straight.

Persons: Wilyer Abreu, Pablo Reyes, Erik Williams, Abreu, Connor Wong, Alex Verdugo, Brayan Bello, Alex Bregman, Mauricio Dubon, Mookie Betts, Freddie Freeman, Enrique Hernandez, Michael Busch, Corbin Carroll, Gabriel Moreno, Merrill Kelly, Miguel Castro, Alex Young, Brandon Williamson, Josh Lowe, Randy Arozarena, Matt Koch, Lowe, Alex, Tommy Kahnle, Jake Alu, CJ Abrams, Joey Meneses, Aaron Judge, Patrick Corbin, Gleyber Torres, Ryan Jeffers, Jeffers, Will Smith's, Carlos Correa, Josh Sborz, Michael A, Taylor, Royce Lewis, Kyle Farmer, Ian Happ's, Cody Bellinger, Nico Hoerner, Jeimer Candelario, Justin Steele, Connor Joe's, Adbert Alzolay, Joshua Palacios, Palacios, Ji Hwan Bae, Zack Gelof, Shea Langeliers, Brent Rooker, Tony Kemp, Kemp, Luis Robert Jr, Elvis Andrus, Kyle Gibson, Anthony Santander, Cedric Mullins, Adley Rutschman, Gibson, Felix Bautista Organizations: Boston Red Sox, Houston Astros, Red Sox, Boston, Boston's, Astros, Dodgers, Cleveland, Angeles, The Dodgers, Diamondbacks, Reds, Arizona, Cincinnati, National League, Rays, Rockies, Tampa, Nationals, Yankees, skidding, Rangers, Minnesota, Texas, American League Central, Cubs, Pirates, Chicago, Pittsburgh, Athletics, White Sox, Oakland, Orioles, Blue Jays, Baltimore, Toronto, Thomson Locations: Houston , Texas, USA, Houston's, Angeles, Los Angeles, Phoenix, Cincinnati, Tampa, Colorado, Washington, skidding New York, Kahnle, Minneapolis, Minnesota, Chicago, punctuate

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