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Flowserve supplies fluid motion controls and instrumentation to nuclear plants, with that side of the business currently accounting for about 5% of total revenue. TD Cowen sees 11% upside for Flowserve with a stock price target of $57. TD Cowen sees a big opportunity servicing nuclear reactors for maintenance, repair, advanced diagnostics and retrofitting. "This is especially pertinent for the U.S. market, given it has the largest amount of existing nuclear reactors in the world," Giordano told clients. Nuclear plants with the equivalent of 85 gigawatts of capacity are in various stages of shutdown across the U.S. and Europe, according to TD Cowen.
Persons: TD Cowen, Cowen, Joe Giordano, " Giordano, Flowserve, Giordano Organizations: Flowserve, Constellation Energy, U.S Locations: Michigan, Pennsylvania, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailData center liquid cooling is accelerating and it's accelerating now, says Vertiv CEOGiordano Albertazzi, Vertiv CEO, joins 'Closing Bell: Overtime' to discuss data center cooling and what it means for the company.
Persons: Giordano Albertazzi
The space rock, known as 2016 HO3, is a rare quasi-satellite — a type of near-Earth asteroid that orbits the sun but sticks close to our planet. Astronomers first discovered it in 2016 using the Pan-STARRS telescope, or Panoramic Survey Telescope and Rapid Response System, in Hawaii. Scientists call the asteroid Kamo’oalewa, a name derived from a Hawaiian creation chant that alludes to an offspring traveling on its own. Kamo’oalewa specimen: A connecting puzzle pieceStudying crater impacts on the moon can also help scientists better understand the consequences of asteroid impacts should a space rock pose a threat to Earth in the future. There’s no other place, no other planet in our solar system with a moon like our moon.
Persons: they’ve, Giordano Bruno, Yifei Jiao, , Erik Asphaug, Kamo’oalewa, “ You’d, Asphaug, ” Jiao, ” Asphaug, Renu Malhotra, China’s, Patrick Michel, Noah Petro, Artemis III, Petro, , ” Petro, “ It’s Organizations: CNN, Survey Telescope, University of Arizona’s, Laboratory, Tsinghua University, University of, London, NASA, Arizona State University, University of Arizona, National Centre for Scientific Research, Reconnaissance, Artemis Locations: Hawaii, Beijing, , France
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Without us, the data center industry would not exist,' says Vertiv CEO Giordano AlbertazziGiordano Albertazzi, Vertiv CEO, joins CNBC's 'The Exchange' to share why his company is key to AI development, the data center demand, and more.
Persons: Vertiv, Giordano Albertazzi Giordano Albertazzi
JPMorgan thinks Assaí Atacadista, one of the largest retailers in Brazil, is a strong investment play as the company begins to reflect better operating trends. Analyst Joseph Giordano upgraded Assaí, a Brazilian self-service wholesale company with almost 300 stores that trades on the New York Stock Exchange, to overweight from neutral. JPMorgan also raised its price target by $2.50 to $17.50, implying upside of almost 30% over the next year. "We revisit our views on the Brazilian cash & carry space ahead of 1Q24 results," Giordano wrote in a note Tuesday. A more flexible balance sheet would enable Assaí to take advantage of the fact that major competitors are not opening new stores, he said.
Persons: Assaí Atacadista, Joseph Giordano, Giordano, Atacadão, Assaí Organizations: JPMorgan, New York Stock Exchange Locations: Brazil, Brazilian, U.S
CNN —Nearly 50 gold pieces of art created by Italian sculptor Umberto Mastroianni were stolen from an exhibition near Lake Garda, Italy, on Wednesday night, the host of the exhibition, the Vittoriale degli Italiani estate, told CNN. Forty-nine pieces of art, worth €1.2 million (more than $1.3 million USD), were stolen, a spokesperson for Vittoriale degli Italiani said Saturday. The exhibition, called “Like a warm, flowing gold,” opened at the end of December and was scheduled to close on Friday. Images of gold sculptures worth more than $1.3 million that were stolen from an Italian art exhibition. Vittoriale degli ItalianiImages of gold sculptures worth more than $1.3 million that were stolen from an Italian art exhibition.
Persons: Umberto Mastroianni, Vittoriale degli, “ Uomo, Donna ”, , degli, Giordano Bruno Guerri, ” Guerri Organizations: CNN, Vittoriale, AFP Locations: Italian, Lake Garda, Italy
Tiendas BBB (3B), Mexico's largest discount food chain, has strong growth potential, according to JPMorgan. 3B — short for "bueno, bonito y barato," or "good, nice and cheap" — is "good, nice and high growth with solid returns," according to analyst Joseph Giordano. Compared to other markets such as Colombia, Turkey and Germany in which hard discount stores have a penetration rate of 20% or higher, the rate stands at only 2% in Mexico, said Giordano. That means 3B — which is already among the largest discount food retailers in Mexico — has room to expand boost store productivity. Giordano forecasts 3B reaching a 5-year compound annual growth rate of 15%, setting it apart from its local competition.
Persons: bueno, Joseph Giordano, Giordano, — CNBC's Michael Bloom Organizations: BBB, JPMorgan, New York Stock Exchange, Giordano Locations: U.S, Colombia, Turkey, Germany, Mexico, Mexico —
Milan CNN —Gimmicks were gone at the latest Milan runways — which concluded yesterday — with designers instead striking a more serious note that encouraged investment buying. Julianne Moore, A$AP Rocky and Salma Hayek front row at the Bottega Veneta fashion show during the Milan Fashion Week. Jacopo Raule/Getty Images1980s reduxRelegated as the style decade that people preferred to forget, the 1980s is slowly but surely starting to pop up on the radar. Jacopo Raule/Getty ImagesEven at MaxMara, famed for its trademark camel, creative director Ian Griffiths went in a deliberately different direction to focus on silhouette over shade. Jacopo Raule/Getty ImagesDark colors also dominated at Giorgio Armani this season.
Persons: Milan, Miuccia Prada, Raf Simons, Donatella Versace, , Julianne Moore, Rocky, Salma Hayek, Daniele Venturelli, Giorgio Armani, Bottega Veneta’s Matthieu Blazy, ” Franken, Franken, Jonas Gustavsson, Matthieu Blazy, Victor Virgile, Blazy “, Massimo Giorgetti —, Truman Capote’s “, , knitwear, Jacopo Raule, Jil Sander, stilettos, Matteo Tamburini, Kim Jones, Karl Lagerfeld, Leigh Bowery, Judy, Julia, Versace, Anne Hathaway, Gina di Bernardo —, Aldo Fallai’s, Prince, Ferragamo, Tom Ford, Giovanni Giannoni, Ian Griffiths, “ We’re, we’re, Marco M, Gigi Hadid, Solange Knowles, Jacopo M, Matthieu, Aitor Rosas Sune, WWD, Hari Nef, Riccardo Giordano, Sipa Cate Blanchett, Gabriel Bouys Organizations: Milan CNN, Prada, Bottega Veneta, Blazy, Truman Capote’s “ La, Truman Capote’s “ La Cote Basque, Getty, Dolce, Diesel, Milan Locations: Milan, , Bottega, MSGM, Truman Capote’s “ La Cote, London, “ London, MaxMara, Avavav, AFP
BUENOS AIRES (Reuters) - Argentine President Javier Milei on Friday called for two government officials to resign, saying he needed greater commitment to his agenda after congress rejected his reform package earlier in the week. Milei, a self-defined anarcho-capitalist who took office in December, called for Mining Secretary Flavia Royon and Osvaldo Giordano, head of the country's ANSES social insurance agency, to step down. Congress' rejection of the omnibus bill on Tuesday marked a major setback for Milei, who has accused opposition lawmakers of "betrayal". "I wish the president a great administration and wherever I go I will continue to work for the good of Argentina," he said. On Friday he was in Rome, where he is scheduled to meet with his countryman Pope Francis.
Persons: Javier Milei, Flavia Royon, Osvaldo Giordano, Milei, Giordano, Royon, Pope Francis, Maximilian Heath, Sarah Morland, Cynthia Osterman Organizations: BUENOS AIRES, Reuters, Mining, Peronist Locations: BUENOS, Argentine, Argentina, Rome
Vertiv CEO Giordano Albertazzi sits down with Jim Cramer
  + stars: | 2023-11-30 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Vertiv CEO Giordano Albertazzi sits down with Jim CramerVertiv CEO Giordano Albertazzi joins 'Mad Money' host Jim Cramer to talk partnering with Nvidia, the data center sector, growth thanks to AI and more.
Persons: Giordano Albertazzi, Jim Cramer Organizations: Nvidia
Argentina's Milei Says Shutting Central Bank 'Non-Negotiable'
  + stars: | 2023-11-24 | by ( Nov. | At A.M. | ) www.usnews.com   time to read: +1 min
BUENOS AIRES (Reuters) - Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a signature campaign pledge, was a "non-negotiable matter", according to a statement from his office posted on social media platform X. Argentina's social security administration ANSES, a key institution given Milei's pledge to slash state spending and subsidies, will be lead by economist Osvaldo Giordano from the key central Cordoba region, the statement added. That marks a shift from a previous plan that Milei would appoint a close ally to lead the administration. Milei faces major hurdles to implement his more radical reform plans, which include dollarizing the economy, shutting the central bank and privatizing state companies like YPF, which will take time if they can be done at all. Milei also has to juggle demands from the more mainstream conservative bloc, whose public backing was key to him winning the run-off election last week.
Persons: Javier Milei, Osvaldo Giordano, Horacio Marin, Milei, Gabriel Araujo, Adam Jourdan Organizations: BUENOS AIRES, Reuters Locations: BUENOS, Cordoba
Argentina's Milei says shutting central bank 'non-negotiable'
  + stars: | 2023-11-24 | by ( ) www.reuters.com   time to read: +1 min
BUENOS AIRES, Nov 24 (Reuters) - Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a signature campaign pledge, was a "non-negotiable matter", according to a statement from his office posted on social media platform X. Argentina's social security administration ANSES, a key institution given Milei's pledge to slash state spending and subsidies, will be lead by economist Osvaldo Giordano from the key central Cordoba region, the statement added. That marks a shift from a previous plan that Milei would appoint a close ally to lead the administration. Milei faces major hurdles to implement his more radical reform plans, which include dollarizing the economy, shutting the central bank and privatizing state companies like YPF, which will take time if they can be done at all. Milei also has to juggle demands from the more mainstream conservative bloc, whose public backing was key to him winning the run-off election last week.
Persons: Javier Milei, Osvaldo Giordano, Horacio Marin, Milei, Gabriel Araujo, Adam Jourdan Our Organizations: Thomson Locations: BUENOS AIRES, Cordoba
[1/59] Oct 31, 2023; Toronto, Ontario, CAN; Toronto Maple Leafs goaltender Joseph Woll (60) makes a save during warm up before a game against the Los Angeles Kings at Scotiabank Arena. By winning the opener of a four-game road trip, the Kings improved to 4-0-0 in games away from home this season. John Tavares scored and Joseph Woll stopped 23 shots for the Maple Leafs, who were coming off a 3-1-1 road trip. Killing off penalties has been a problem for the Maple Leafs early in the season. The Kings kept the Maple Leafs bottled up in their own end for nearly three minutes to finish the second period as the crowd started to boo.
Persons: Joseph Woll, John E, Cam Talbot, Andreas Englund, Phillip Danault, Arthur Kaliyev, Adrian Kempe, Quinton Byfield, John Tavares, Englund, Mark Giordano's, Danault, Trevor Moore, Kaliyev, Tyler Bertuzzi, William Nylander, Tavares, Kempe, Jake McCabe Organizations: CAN, Toronto Maple Leafs, Los Angeles Kings, Scotiabank Arena, Kings, Maple Leafs, Toronto, Nashville Predators, NHL, Thomson Locations: Toronto , Ontario, Los Angeles, . Toronto
The practice of citizen-originated ballot measures began 125 years ago when South Dakota became the first in the nation to enact a statewide initiative and referendum process. But some still invoke his name in their fight to preserve voters’ ballot measure rights. “It represents for me the fundamental idea of the equal dignity of every human being,” said Heidelberger, who blogs about South Dakota politics. The political conditions were brief but just right in 1897 for lawmakers to approve it; voters passed it the following year. In a memoir compiled by the state Socialist Party, Haire is credited with writing the amendment itself.
Persons: it’s, Robert W, Cory Heidelberger, , Heidelberger, Pierre, Haire, Ohioans, “ That’s, John Matsusaka, , can’t, ” Matsusaka, ” David Schmidt, Drey Samuelson, Sen, Tim Johnson of, you’re, Samuelson, Janine Giordano Drake, Republican State Sen, Michael Rohl, Rohl, , Rohl didn’t, Sister Kathleen Bierne, Drake, ” Drake, Bierne, “ We’ve, Father Haire’s, Jesus ’, Eugene Debs, Liz May, Tom Heinz, Heinz, ain’t Organizations: Republican, Socialist Party, it’s, University of Southern California’s Initiative, Referendum, “ Citizen, U.S, Indiana University, Christian Socialist, Catholic, Republican State, Associated Press, Michigan, Aberdeen News, Lilly Endowment Inc, AP Locations: U.S, Ohio, South Dakota, Dakotans, Dakota, California, Tim Johnson of South Dakota, state’s, Brown, Aberdeen
Softbank also owns 65% of the GreenBox venture, which launched with $100 million in investment by the two companies. They say it's a $500 billion market, and an example of the kind of change AI can bring to the economy at large. But not as many investors know about Softbank's "other" big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic , which Walmart has taken a big stake in itself. Symbotic teamed up with Softbank to build GreenBox in order to preserve its own capital, Cohen told analysts. The GreenBox market for smaller companies shapes up as another $500 billion of possible demand, Gartner's Klappich said.
Persons: Rick Cohen, Softbank, Robert W, Baird, Vikas, Schwarz, Kristin Schwarz, Vikas Parekh, Parekh, Giordano, I've, TD Cowen, Joseph Giordano, GreenBox, Dwight Klappich, Symbotic, Klappich, Mason, Cohen, , Bill Boyd, Gartner's Klappich, Doug McMillon Organizations: Walmart, CNBC, Gartner, Target, Venture, Arm Holdings, Wholesale, Forbes, Revenue Locations: GreenBox, Wilmington, Mass, Fla
With Haiti’s capital Port-au-Prince largely controlled by gangs infamous for kidnapping and murder, experts warn that the deportations could amount to death sentences. Migrants, mostly from Haiti, collect clothes donated by a group of volunteers, at the Giordano Bruno in Mexico City, Mexico, April 6, 2023. Blinken added he looks forward to advancing the process of Kenya’s involvement through a UN Security Council resolution authorizing a multinational force in Haiti. Migrants, mostly from Haiti, take part in a protest with a banner that reads "Mexicans and Haitians are brothers" in Mexico City, Mexico May 29, 2023. From October 2022 to July 2023, more than 5,000 Haitians were interdicted at sea by the US Coast Guard.
Persons: CNN —, Biden, ” Guerline Jozef, , Harris, Mayorkas, Jovenel Moise, Ariel Henry, , Giordano Bruno, Henry Romero, Henry, Antonio Guterres, Antony Blinken, Blinken, Jake Sullivan, wouldn’t, , ” “ Organizations: CNN, United, Customs Enforcement, Haitian Bridge Alliance, UN, Biden, White, National Security, of State, Homeland Security, Migrants, Reuters, United Nations, House, Haitian National Police, Kenyan, US Department of State, National Security Council, UN Security, US Coast Guard Locations: Haiti, Caribbean, United Nations, American, Port, United States, Mexico City, Mexico, Kenya, States, Venezuela, Nicaragua, Cuba, Panama, Colombia, Darien
CNN —Google was hit with a wide-ranging lawsuit on Tuesday alleging the tech giant scraped data from millions of users without their consent and violated copyright laws in order to train and develop its artificial intelligence products. The complaint also claims Google has taken “virtually the entirety of our digital footprint,” including “creative and copywritten works” to build its AI products. The complaint points to a recent update to Google’s privacy policy that explicitly states the company may use publicly accessible information to train its AI models and tools such as Bard. It is also seeking unspecified damages and payments as financial compensation to people whose data was allegedly misappropriated by Google. Giordano contrasted the benefits and alleged harms of how Google typically indexes online data to support its core search engine with the new allegations of it scraping data to train AI tools.
Persons: DeepMind, OpenAI, Bard, , , ” Tim Giordano, Giordano, ” Giordano, Ryan Clarkson Organizations: CNN, Google, Clarkson Law Firm, ChatGPT, Clarkson Locations: California
The rise in the use of Ozempic for reasons beyond treating diabetes has led to a national shortage. Now, attention has shifted to a dietary supplement called berberine, which is being touted on social media as "nature's Ozempic." Similar to Ozempic, berberine decreases blood sugar and can lead to weight reduction, says Giordano who is also co-founder of Rebesana, a company that researches healthspan and lifespan. "It doesn't slow down how the stomach empties, which is one of the main ways that Ozempic and Mounjaro work." But Giordano says berberine appears to have great health benefits that far exceed weight loss: "I don't know why doctors don't recommend this regularly."
Persons: Elon Musk, Dr, Carl Giordano, Giordano, Neil Paulvin, berberine Organizations: CNBC, Rite Aid, Walgreens Locations: New Jersey, goldenseal, Oregon, NY
CNN —OpenAI, the company behind the viral ChatGPT tool, has been hit with a lawsuit alleging the company stole and misappropriated vast swaths of peoples’ data from the internet to train its AI tools. The proposed class action lawsuit, filed Wednesday in a California federal court, claims that OpenAI secretly scraped “massive amounts of personal data from the internet,” according to the complaint. Microsoft, a major investor into OpenAI, was also named as a defendant in the suit and did not immediately respond to a request for comment. It also seeks payments of “data dividends” as financial compensation to people whose information was used to develop and train OpenAI’s tools. OpenAI publicly launched ChatGPT late last year, and the tool immediately went viral for its ability to generate compelling, human-sounding responses to user prompts.
Persons: CNN — OpenAI, OpenAI, , , Timothy K, Giordano Organizations: CNN, Microsoft, Clarkson Locations: California, OpenAI
The fund, focused on projects in Organisation for Economic Co-operation and Development countries, could invest across wind and solar as well as other clean technologies such as batteries and grid infrastructure. "You have folks now that are really trying to focus their portfolio construction around the different sub-sectors in infrastructure," Giordano said, citing increasing demand from pension schemes attracted to assets that match long-term liabilities. As a result, the company said it is targeting between $5 billion and $7 billion for its fourth fund, after $4.8 billion was raised for its predecessor, which closed in April 2021. Among the investments made by the third fund was one in high-power charging network IONITY, which raised 700 million euros in November. Depending on the amount raised, the fund could make around 18-22 investments across a mixture of early stage and developed projects, Giordano said, and could also consider co-investments.
Persons: BlackRock's Giordano, Climate Infrastructure David Giordano, Giordano, Simon Jessop, Susanna Twidale, Elaine Hardcastle Organizations: BlackRock's, LONDON, BlackRock, Renewable Power Fund, Economic Co, Climate Infrastructure, Reuters, European Union, International Energy Agency, Waratah Super Battery, Thomson Locations: United States, Australia, Europe, Americas, Asia
Fox will pay $6 million, and CBS, now known as Paramount Global (PARA.O), will pay $5 million, the court filing showed. Representatives for Cox, Fox and CBS either declined to comment or did not immediately respond to a message seeking comment. Representatives from those defendants either declined to comment on the pending litigation or did not immediately respond to messages seeking comment. Plaintiffs' attorney Megan Jones at law firm Hausfeld, on Tuesday did not immediately respond to a message seeking comment. The case is In re: Local TV Advertising Antitrust Litigation, U.S. District Court for the Northern District of Illinois, No.
Persons: Cox, District Judge Virginia Kendall, schemed, Sinclair, Kendall, Megan Jones, Hausfeld, Freed, Robins Kaplan, Jennifer Giordano, George Cary, Cleary Gottlieb Steen, Nathan Eimer, Eimer Stahl, Weil, Brian Sher, Bryan Cave Leighton, Mike Scarcella, Leigh Jones Organizations: Fox, CBS, Cox Media Group, Fox Corp, CBS Corp, Northern, Northern District of Illinois, Paramount Global, U.S, District Judge, Cox, Sinclair Broadcasting Group Inc, Scripps Company, TEGNA Inc, U.S . Justice Department, Local, Antitrust Litigation, Northern District of, Millen, Latham, Watkins, Hamilton, Thomson Locations: U.S, Northern District, Chicago, Northern District of Illinois
TORONTO, April 20 (Reuters) - Captain John Tavares scored his first postseason hat-trick as the Toronto Maples Leafs avenged a Game One rout with a 7-2 thrashing of the Tampa Bay Lightning on Thursday, leveling the opening round Stanley Cup playoff best-of-seven series at 1-1. Leafs fans had their fingers on the panic button after a 7-3 loss to the Lightning on Tuesday, booing the team off the ice. "We needed a response tonight in a big way," said Leafs coach Sheldon Keefe. The oddsmakers are backing Toronto to win the best-of-seven series but history favors the Lightning, who have won seven consecutive playoff series after taking the first game. Thursday's contest turned nasty right from the start with the Leafs' Mark Giordano and Tampa Bay tough guy Zach Bogosian dropping the gloves to fight early in the opening period.
Tasers, AKA stun guns, cause your muscles to seize up, which can make them sore for days after. Police and law enforcement have been using Tasers, known generally as stun guns, since 1974 as a safer alternative to guns. Put another way, all Tasers are stun guns, but not all stun guns are Tasers. Stun guns make your muscles seize up like a Charley horseA police officer's painful reaction to being tasered during a training course on stun guns. Rarely, stun guns can severely harm kidney functionVery rarely, stun guns can cause a serious condition called rhabdomyolysis, AKA rhabdo, which can be fatal.
Grossberg says she was made to spy on host Maria Bartiromo, who execs called "crazy" and "menopausal." Grossberg said Fox executives called Bartiromo names behind the scenes. One producer, the suit says, called Bartiromo "crazy," "menopausal," and said she often became "hysterical," while another described her as a "diva." Jerry Andrews, vice president of weekend news at Fox News Media, is also said to have also requested Grossberg spy on the host. "In February 2022, Mr. Andrews reiterated his directive to Ms. Grossberg to 'keep an eye' on Ms. Bartiromo and report back anything 'crazy' that she said."
Leaders of the America250 Foundation and other officials gathered at the Library of Congress for a ceremony to sign a memorandum of understanding in 2021. WASHINGTON—The ousted chairman of a commission planning activities around the nation’s 250th anniversary filed a lawsuit against three fellow commissioners he claims conspired to get him and his executive director replaced by publicly criticizing their management. It “clearly was a cabal to have them removed from their leadership positions,” said George Bochetto, an attorney representing Daniel DiLella, the former U.S. Semiquincentennial Commission chairman, and Frank Giordano, the executive director who is also a plaintiff. The Philadelphia state court lawsuit seeks at least $50,000 in damages for what Mr. Bochetto calls a conspiracy based on “half-truths, mistruths, contortions of circumstances and rank jealousy.”
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