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In a note on Aug. 7, Goldman's analysts revealed a number of top picks, including three buy-rated Japanese stocks with over 40% upside potential over the next 12 months. Year-to-date, Asics shares are up 99.5%. Goldman has a target price of 3,100 Japanese Yen ($21.07) on the stock, giving it around 50% upside potential at the time of the note. Goldman has a target price of 6,900 Japanese Yen on the stock, or 37% potential upside. Goldman has a target price of 4,850 Japanese Yen on the stock, giving it around 54% upside potential at the time of the bank's note.
Persons: Goldman Sachs, U.S . Asics Corporation Goldman, Sho Kawano, Asics, Goldman, Suntory Beverage & Food Goldman, Takashi Miyazaki, Miyazaki, Ryo Harada, — CNBC's Michael Bloom Organizations: Nikkei, Tokyo Stock Exchange, U.S . Asics Corporation, Asics Corp, Suntory Beverage & Food, Asia Pacific, Suntory, Yen, Hitachi Locations: U.S, Japan, Europe, Asia
New York CNN —Chuck E. Cheese has a new subscription program that’s half the price of a Netflix plan, but one the animatronic rat likely hopes double the fun. Chuck E. Cheese hopes the new program attracts inflation-weary customers who have cut back on discretionary spending to save money and seek a better deal. Chang’s providing various versions of their own helping the businesses lock in loyalty and deliver a consistent stream of income. So, Chuck E. Cheese may find it difficult to persuade all but the most ardent of loyalists to fork out for this,” he told CNN. In 2020, Chuck E. Cheese filed for bankruptcy at the height of the Covid-19 pandemic that forced business to temporarily shutter.
Persons: Chuck E, ” Mark Kupferman, , Cheese, Taco, Neil Saunders Organizations: New, New York CNN, Netflix, Taco Bell, GlobalData, CNN Locations: New York, Canada
India's Bharti to buy Drahi's stake in BT, worth $4 billion
  + stars: | 2024-08-12 | by ( ) www.cnbc.com   time to read: +2 min
India's Bharti Enterprises said it would acquire a 24.5% stake in BT , worth about 3.2 billion pounds ($4 billion), buying out the British company's top investor, telecoms tycoon Patrick Drahi, as his Altice group struggles with high debts. The Indian company said it would buy an initial 9.99% stake before seeking to add the remaining 14.51% following regulatory approvals. Bharti said it supported BT's executive team and strategy as the group pushed forward with an "ambitious" transformation programme to deliver long-term sustainable growth. BT's shares have risen by 24% in the last six months as the fruits of its long-term investment plan to build the country's fibre network start to materialise. "This scale of investment from Bharti Global is a great vote of confidence in the future of BT Group and our strategy," Kirkby said in a statement following the investment.
Persons: India's, Patrick Drahi, Bharti, Drahi, Carlos Slim, Allison Kirkby, Kirkby Organizations: India's Bharti Enterprises, BT, UK National Security and Investment, Bharti Global, BT Group Locations: Abu Dhabi
Courtesy Ken BakerDisplaced in the Camp Fire, Ken Baker plans to return to Paradise after his second home burned, too. The Camp Fire burned for weeks in November 2018, killing 85 people and destroying more than 13,500 homes. Daneau, Baker and Pero were part of the settlement with Pacific Gas & Electric Co., whose utility lines started the Camp Fire. Sylvia Baker Courtesy Ken BakerBaker, 59, is an Iraq War veteran who works for the Department of Veterans Affairs in Chico. When the quote jumped to $12,000, “it became unobtainable.”Kristy and Michael Daneau’s home in Cohasset, which burned down in the Park fire.
Persons: Ken Baker, ” Baker, Ken Baker Baker, Sylvia, , Sisyphus, Baker, Ken Baker's, Ken Baker “, Michael Daneau, Kristy, “ It’s, Rick Pero, Lisa Stone, ” Pero, CatMandu, Rick Pero “, Pero, Stone, Rick Pero manicured, Michael, Michael frantically, Daneau, ” Daneau, , we’re, ” Kristy, Kristy Daneau, Michael Daneau’s Cohasset, Kristy Daneau “, Sylvia Baker, Ken Baker “ You’ve, You’ve, Alex Wood, Wood, Michael Daneau’s, Daneau’s, don’t, can’t, he’s, humbling Organizations: NBC, Pacific Gas & Electric Co, Department of Veterans Affairs, GMC Sonoma Locations: Paradise , California, Cohasset, Paradise, California, Mexico, Chico , California, Chico, Daneau, Iraq, we’ll
Below, we've outlined everything you need to know when it comes to how to watch USA vs. France, including free streaming options for the final game. How to watch USA vs. France in the USThe Olympic women's basketball gold medal game will be available on Peacock and NBC in the United States. How to watch USA vs. France in the UKThe women's basketball gold medal game will live stream on BBC iPlayer in the UK. How to watch USA vs. France in AustraliaThe women's basketball final will live stream for free through 9Now in Australia. How to watch USA vs. France in FranceIn France, the women's basketball gold medal match-up will be available to watch through France.TV for free.
Persons: France's, they've, hasn't, we've, Peacock, they'll, ExpressVPN Organizations: Business, Paris Olympics, USA, US, Tokyo Olympics, Australia, Belgium, Olympic, NBC, Sling, Blue, Basketball, BBC Locations: United States, France, Friday's, Australia, 9Now, tipoff
In past interviews with CNBC Make It and other publications, many centenarians credited their diet for living a long, healthy life. Elizabeth Francis, 115Elizabeth Francis, the oldest living person in the U.S. who is 115 years old, told ABC 13, that she eats "everything." Deborah Szekely, 102At 102 years old, Deborah Szekely still helps to run her fitness resort and spa three times a week. Lunch: Salad at home, she said, or lunch at restaurants. Her diet is very similar to the Mediterranean diet, and it includes fish, whole grains and fruits and vegetables.
Persons: Elizabeth Francis, Francis, Ethel Harrison, TODAY.com, Harrison, Deborah Szekely, Szekely, Shirley Hodes, Hodes, Daisy McFadden Organizations: CNBC, ABC Locations: U.S
Below, we've outlined everything you need to know about how to watch the Olympics Closing Ceremony, including free global options. Check price at FuboHow to watch the Olympics Closing Ceremony in the UKThe Olympics Closing Ceremony will be available on the BBC, so it will be free to live stream through BBC iPlayer in the UK. How to watch the Olympics Closing Ceremony in AustraliaThe Olympics Closing Ceremony will live stream for free through 9Now in Australia. How to watch the Olympics Closing Ceremony in FranceThe Olympics Closing Ceremony will live stream for free through France.TV in France. How to watch the Olympics Closing Ceremony from anywhereThose who will be away when the Closing Ceremony takes place can still access their free options via VPN.
Persons: it's, Katie Ledecky, Nick Mead, aren't, you've, Peacock, you'll, Stan Sport, ExpressVPN Organizations: Business, Stade de France, Olympics, NBC, Peacock, BBC, Eurosport Locations: Paris, Angeles, United States, Australia, 9Now, France, France.TV
Mortgage rates dropped last week in response to July's weaker-than-expected labor market data, though they're up slightly today. As mortgage rates go down, more homeowners will have an opportunity to refinance and save money on their monthly mortgage payments. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 5.99% this week, according to Freddie Mac data, which is an eight-basis-point decrease from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.
Persons: it's, Freddie Mac Organizations: Zillow, Federal Reserve, Fed Locations: Chevron
How Close Are the Planet’s Climate Tipping Points? How close today’s ice is to suffering the same fate is something scientists are still trying to figure out. Sudden Shift in the West African Monsoon0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warmingAround 15,000 years ago, the Sahara started turning green. When it might happen: Hard to predict. “With every gram of additional CO2 in the atmosphere, we are increasing the likelihood of tipping events,” he said.
Persons: , Tapio Schneider, “ It’s, David Holland, Niklas Boers, Organizations: California Institute of Technology, West Antarctic, New York University, Animals, Amazon, Technical University of Munich, Potsdam Institute, Climate Impact Locations: Western Canada, Alaska, Siberia, Greenland, Antarctica, Sahara, North Africa, East Africa, Africa, Caribbean, Europe
With this in mind, CNBC Pro screened for the most overbought and oversold stocks on the Street, as measured by their 14-day relative strength index, or RSI. Alternatively, stocks are viewed as oversold with an RSI below 30, which suggests a possible buying opportunity. While shares are slightly positive on the week, up nearly 1%, the stock has tumbled 10% in 2024. TTWO YTD mountain Take-Two Interactive Software, year-to-date Other stocks that made the oversold group are artificial intelligence infrastructure play Super Micro Computer and Ulta Beauty . The stock closed out the week nearly 25% higher and is up more than 41% this year.
Persons: Stocks, Hugh Johnston, Mars, Lockheed Martin, Northrop Grumman Organizations: Federal Reserve, Nasdaq, Dow Jones Industrial, CNBC Pro, Disney, Software, Lockheed, RBC Locations: U.S
We've combed through all the watch options to identify everything you need to know about how to watch USA vs. Brazil, including what time the game kicks off and free streaming options. How to watch USA vs. Brazil in the USThe Olympic women's soccer final will be available on Peacock and NBC in the US. In addition to the USA vs. Brazil game, you can catch the rest of the Olympics here, including tomorrow's Closing Ceremony. Check price at FuboHow to watch USA vs. Brazil in the UKThe women's football final will live stream on Eurosport through Discovey+ in the UK. How to watch USA vs. Brazil in AustraliaThe USA vs. Brazil match will live stream for free on 9Now in Australia.
Persons: Mallory Swanson, Gabi Portilho, Peacock, Stan Sport, VPNs, ExpressVPN, we've Organizations: Business, Paris, USA, United, United States Women's National, Tokyo Olympics, Spain, NBC, Eurosport, Discovey Locations: United States, Brazil, Germany, Australia, Australian
Yes, the S&P 500 is just off of all-time highs following a 36% percent rally from October to July. Major stock prices begin to perform poorly, which drags down the S&P 500 Index, which in turn causes the selling of the index. The index selling puts a drag on the largest-cap stocks, which adds more legs to the index selling." The S&P 500 is up 49% since late 2022 as bears have continued to warn of downside. AdvertisementSecond, lower interest rates would spark demand and could cause inflation to resurface, which would be good for oil stocks, Smead said.
Persons: , Smead doesn't, Smead, Warren, We're, Dow, Jeremy Grantham, John Hussman, Stocks, LEN Organizations: Service, Business, Morningstar, Smead, Bank of America, Technology, Fund, Federal, Fed, DR, Occidental Petroleum, Apache
How to watch USA vs. France in the USUSA vs. France will be available on Peacock and NBC in the US. Check price at FuboHow to watch USA vs. France in the UKThe USA vs. France game will live stream on Eurosport through Discovery+ in the UK. How to watch USA vs. France in AustraliaThe men's Olympic basketball final will live stream on 9Now in Australia. How to watch USA vs. France in FranceUSA vs. France will be available to watch for free through France.TV in France. How to watch USA vs. France from anywhereBasketball fans who will be away during the USA vs. France game can still access their free streaming options using a VPN.
Persons: you've, Nikola Jokić, we've, Peacock, ExpressVPN Organizations: Business, Tokyo Olympic, USA, United, Serbia, Denver Nuggets, Germany, Tokyo Olympics, France, NBC, Eurosport, Discovery, France USA, Basketball Locations: United States, France, Australia, France.TV
See our picks for the best debt consolidation loans »PenFed Personal Loan FeaturesPenFed Credit Union Personal Loan amounts range from $600 to $50,000. For example, Navy Federal Credit Union Personal Loan amount range is $250 to $50,000, and the range for Connexus Credit Union Personal Loan is $2,500 to $25,000. PenFed Personal Loan Pros and ConsPenFed Credit Union Personal Loan ProsWide range of loan amounts. PenFed Personal Loan ConsYou have to be a member to get your loan. Yes, PenFed Credit Union is a legitimate credit union federally insured by the National Credit Union Administration.
Persons: Coborrowers, you've, You'll, Formally, PenFed, Ryan Wangman, Read, Elias Shaya, Elias Organizations: PenFed Credit Union, PenFed, Pentagon Federal Credit Union, Navy Federal Credit, Connexus Credit, you'll, Social, PenFed Credit, National Credit Union Administration, Better Business, Chevron, Navy Federal Credit Union, Navy Federal, Department of Defense, Connexus Credit Union Connexus Credit Union, Connexus Association, Credit Union, Better Business Bureau, Finance, Northwestern University, Boston Globe Locations: PenFed, Chevron, Wisconsin , Minnesota, Ohio, New York City
The flooding happens because a smaller glacier near Mendenhall Glacier had retreated — a casualty of the warming climate — and left a basin that fills with rainwater and snowmelt each spring and summer. When the water creates enough pressure, it forces its way under or around the ice dam created by the Mendenhall Glacier and enters Mendenhall Lake and eventually the Mendenhall River, as it did this week. On Wednesday, piles of garbage bags and other items — wood, boxes, sodden insulation and carpeting — dotted the curbs. The city said the water reached some homes outside expected flood areas. Her dad woke her up hours later via FaceTime and alerted her to rising water outside.
Persons: Mendenhall, Eran Hood, Sean Maguire, , Hood, Marc Lester, Alyssa Fischer Organizations: University of Alaska, Anchorage Daily, AP, nchorage Daily, AP Juneau Locations: Mendenhall, Juneau, U.S, Alaska, FaceTime
The federal minimum wage, which has been stuck at $7.25 an hour for 15 years. Given the situation, here's an idea: Why not raise the federal minimum wage right now? Getting anything done legislatively is always a challenge, especially in an election year, but polls indicate a higher minimum wage is broadly popular. AdvertisementOnce the minimum wage gets so high that it starts to cause a bunch of job loss, that's a problem. If a higher minimum wage lifts millions of people out of poverty, that's incredible.
Persons: it's, Yannet Lathrop, California's, It's, Jacob Vigdor, Vigdor, Justin Wiltshire, Michael Reich, David Neumark, shouldn't, we've, they've, Emily Stewart Organizations: Bureau of Labor Statistics, National Employment, New York Times, Congressional, University of Washington, University of Victoria, UC Berkeley's Center, Dynamics, University of California, Business Locations: Nebraska, Florida, Washington ,, Washington, West, Wisconsin, Iowa, Mississippi, South Carolina, Seattle, California, British Columbia, New York, Irvine, America, Wiltshire
Warner Bros. Here is how Warner Bros. Warner Bros. Discovery's balance sheet carries a significant amount of goodwill stemming from mergers and acquisitions, namely the combination of Warner Bros. and Discovery in 2022. Warner Bros.
Persons: Discovery, Gunnar Wiedenfels, David Zaslav, Discovery's, , Zaslav, Disney, Hulu —, Max Organizations: Warner Brothers Discovery, Turner Broadcasting, Warner Bros, LSEG, Discovery, NBA, Warner Bros . Discovery, Amazon, Revenue, TBS, TNT, Hulu, ESPN, Fox Locations: Atlanta , Georgia
Consumers and small businesses sent $806 billion across 2.9 billion Zelle transactions in 2023, both up 28% from 2022. Consumers reported losing $210 million to scams across all payment apps in 2023, according to data from the Federal Trade Commission. The new bill aims to amend the law to make banks more liable for all financial transactions, whether they're authorized or unauthorized. AdvertisementOver 99.95% of all Zelle transactions in 2023 were completed without instances of fraud, according to Zelle. In the meantime, the Protecting Consumers from Payment Scams Act will go to the Committee on Banking, Housing, and Urban Affairs for review.
Persons: , JPMorgan Chase, PayPal —, Maxine Waters, Sen, Richard Blumenthal, Elizabeth Warren, Waters, Zelle, Blumenthal, Wells Fargo, Wells, Cameron Fowler Organizations: Service, Bank of America, JPMorgan, Business, PayPal, Consumers, Federal Trade Commission, Rep, Homeland Security, Governmental Affairs, Investigations, Blumenthal, Services, Warning Services, SEC, Consumer Financial, Banking, Housing, Urban Affairs Locations: Zelle, Wells Fargo, jtowfighi@businessinsider.com
Japan stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. The Bank of Japan raising rates to their highest level since 2008 on July 30 caused the yen to strengthen to a seven-month high, pressurizing stocks. Markets globally were also spooked by fears of a U.S. recession stoked by a weaker-than-expected jobs report. Real wages in Japan also grew 1.1% in June compared with a year ago, the first time that wages have risen in 26 months. Strong wage growth offers more room for the Bank of Japan to tighten its monetary policy.
Persons: Topix, Korea’s Kospi, Hong, Australia’s, Brent, Dow Organizations: Nikkei, Bank of, Softbank Group Corp, U.S ., South Korean, Samsung Electronics, chipmaker SK Hynix, China’s CSI, . West Texas, Bank of Japan, Reserve Bank of Australia, Dow, Nasdaq Locations: Japan, Asia, Pacific, Bank of Japan, U.S
Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts' estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from analysts polled by FactSet. Palantir now anticipates revenue between $2.742 billion and $2.750 billion, up from its previous guidance of $2.68 billion to $2.69 billion. Caterpillar's adjusted earnings totaled $5.99 per share in the second quarter, beating the $5.55 per share estimate from analysts polled by FactSet. CrowdStrike — Shares rose 3% after Piper Sandler upgraded CrowdStrike to overweight from neutral, saying the dip in the cybersecurity stock following the global tech outage is a buying opportunity.
Persons: Johnson, FactSet, Taco Bell, ZoomInfo, LSEG, Lucid, BioMarin, CrowdStrike, Piper Sandler, , Sarah Min, Sean Conlon, Yun Li, Jesse Pound Organizations: Johnson, FactSet, Revenue, Caterpillar, Lumen Technologies, Molson Coors Beverage —, Technologies, LSEG, Taco, CSX —, CSX, BioMarin Pharmaceutical Locations: China, Shanghai
Check out the companies making headlines before the bell: Palantir Technologies — The data analytics company rallied 11% after raising its full-year revenue forecast. Yum China — Shares surged 8% after the Shanghai-based operator behind Pizza Hut and Taco Bell posted second-quarter earnings that beat expectations. Adjusted earnings of 55 cents per share topped the 47 cents per share anticipated by analysts surveyed by LSEG. Earnings came in at 47 cents per share, topping the 31 cents expected from analysts polled by LSEG. CSX reported earnings of 49 cents per share in the second quarter, above the 48 cents anticipated by analysts in an LSEG survey.
Persons: Taco Bell, Piper Sandler, ZoomInfo, LSEG, Lucid, — CNBC's Michelle Fox, Fred Imbert, Jesse Pound Organizations: Technologies, Taco, LSEG, Revenue, Caterpillar, Nvidia, Micro Computer, Broadcom, Intel, CSX Locations: China, Shanghai
Below, we've outlined everything you need to know when it comes to where to watch Olympic water polo, whether you're hoping to watch the men's or women's quarterfinal matches. Where to watch Olympic water polo in the USPeacock is the absolute hub for all things Olympics in the US. Check price at FuboWhere to watch Olympic water polo in the UKWater polo will be available to live stream on Eurosport in the UK. Where to watch Olympic water polo in AustraliaTo catch absolutely every moment of the Olympics and Olympic water polo in Australia, you'll need to subscribe to Stan Sport. How to watch Olympic water polo in FranceFrance.TV is the French home of the Olympics.
Persons: Flav, Jill Biden, we've, Peacock, Stan Sport, 9Now, ExpressVPN Organizations: Business, US, USA Water Polo, NBC Olympics, Hungary, Australia, NBC, Peacock, Eurosport, Olympics Locations: Paris, Spain, Netherlands, USA, Australia, France
On Tuesday, the media company announced price hikes across the board for Disney+, Hulu, and ESPN+. Netflix remains the runaway leader in the streaming business – and the only consistently profitable competitor in the segment. ESPN+, the company’s sports streaming service, will also rise by $1 to $11.99 per month. The company also hiked the price of its subscription services by several dollars last year in an effort to make its streaming services profitable. Disney’s direct-to-consumer business, which includes its streaming services Disney+ and Hulu, long a money-losing endeavor for the company, eked out its first profit in May.
Organizations: CNN, Disney, ESPN, Netflix, ABC News Locations: Hulu, Hollywood
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according to a press release Tuesday. Hulu with ads will cost $9.99 monthly, while Hulu without adds will cost $18.99 per month. For some time, Disney has offered a bundle of its own services, either Hulu and Disney+, or the two streaming services plus ESPN+. Discovery to offer a bundle, which will include Disney+, Hulu and Max.
Persons: Alisa Bowen Organizations: Disney, Hulu, ESPN, Warner Bros, Max, ABC News Locations: Los Angeles
Keep reading to learn where to watch Olympic boxing, no matter where you are in the world. In the past decade, Cuba and Great Britain have pretty much dominated the Olympic boxing field. Below, we've outlined everything you need to know about how to watch the men's and women's boxing semi-finals and finals. Where to watch Olympic boxing in the USBoxing live streams through Peacock in the US. Check price at Peacock TVWhere to watch Olympic boxing in the UKYou can catch boxing and the rest of the Olympics through Eurosport in the UK.
Persons: you've, didn't, Stan Sport, ExpressVPN, Omari Jones, Asadkhuja, Lewis Richardson, Marco Verde, Janjaem, Imane, Yang Wenlu, Kellie Harrington, Peacock, Stan, They're Organizations: Business, London Games, Tokyo, Britain, Eurosport, NBC, Stan Sport Locations: Cuba, Great Britain, Peacock, USA, Australia, 9Now
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