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That’s just one example of companies eliminating an endless assortment of products to boost profit. Hormel is cutting some pepperoni products. Cutting products boosted companies’ profit margins by 0.9% compared to 2019, L.E.K. The strategy is going to make customers’ choices “a little simpler” and reduce re-stocking work for store employees, he said. Companies can upset customers who are loyal to a specific version of a product, pushing them to switch to another brand or stores’ private-label versions.
Persons: New York CNN — Pepperoni, Applegate, Jennie, Hormel, , That’s, Gene J, Rob Wilson, Levi’s, Todd Vasos, Scott Olson, Gina Goetter, Bob Eddy, Taco Bell, David Garfield, “ We’ve Organizations: New, New York CNN, CNN, Companies, L.E.K, Consulting, Starbucks, Hasbro, Dollar, BJ’s Wholesale, Walmart Locations: New York, Turkey, mayo, Asia
The Oz office building on Epic's campus. Touring Epic's campus, it's clear that the company exists a universe away from Wall Street. They're clustered into mini-campuses, with names like Prairie Campus, Farm Campus, Central Park Campus, Wizards Academy Campus and Storybook Campus. Around 750 acres of Epic's campus are active farmland sprinkled with 42 sheep, 14 cows and a donkey. The campus' buildings are connected via a network of tunnels and enclosed skyways, so people don't have to step outside to travel between them.
Persons: Epic Systems Dorothy Gale, Judy Faulkner, Faulkner, Oracle's, Cerner, Epic Systems Faulkner, Harry Potter, Sherlock Holmes, Ken Glueck, Seth Hain, Epic's, Hain, " Hain Organizations: Epic Systems, Academy, Systems, Oracle, Wizards Academy Campus, skyways, Systems Employees, Academy Campus, Health, Cosmos Locations: Kansas, Verona , Wisconsin, Madison, Verona, U.S, San Francisco, Seattle, New York, Prairie, Park, Epic's
Epic is a health-care software giant whose technology is used in thousands of U.S. hospitals and clinics. And one theme stood out during the health-care company's event on Tuesday: How new artificial intelligence features can help doctors and patients. Faulkner said the company has more than 100 AI features in the works, though many of the tools are still in the early stages of development. Doctors will be able to use AI to automatically queue up orders for prescriptions and labs, the company said. He spoke to an AI agent through the MyChart app about his recovery after a supposed wrist surgery and answered questions about his pain.
Persons: Oz, Faulkner, Jensen, Judy Faulkner, Seth Hain, Hain, . Hain, pickleball Organizations: CNBC, Nvidia, Epic Locations: Verona , Wisconsin, U.S
The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.
Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan
CNN —A rabbi associated with Columbia University’s Orthodox Union Jewish Learning Initiative on Campus recommended that Jewish students “return home as soon as possible and remain home” amid ongoing protests denouncing the war in Gaza and demanding the university divest from Israel. Recent events at the university “have made it clear that Columbia University’s Public Safety and the NYPD cannot guarantee Jewish students’ safety,” Buechler wrote in the message. By contrast, the campus Hillel said in a Sunday post on X that they “do not believe that Jewish students should leave” the campus. “Columbia students organizing in solidarity with Palestine – including Jewish students – have faced harassment, doxxing, and now arrest by the NYPD. These are the main threats to the safety of Jewish Columbia students,” Jonathan Ben-Menachem, a PhD student, told CNN.
Persons: CNN —, , Rabbi Elie Buechler, Barnard Hillel, Jake Tapper, ” Buechler, Hillel, , ” Jonathan Ben, Menachem, , , Yonah Hain, John Chell, Israel Organizations: CNN, Columbia, Orthodox Union Jewish Learning, Jewish, Public, “ Columbia University, University Administration, Broadway, NYPD, Jewish Columbia, , Gaza Solidarity, Center, Columbia University, Columbia University Apartheid, , Justice, Peace, Yale, Harvard, University of North, Boston University, International Court, United Nations ’ Locations: Gaza, Israel, of New York, Amsterdam, , Palestine, university’s, University of North Carolina, South Africa
Nestled against the Rocky Mountains, Boulder, Colorado, has blossomed into a thriving hub for the natural products and wellness industry. The tea company was later acquired by Hain Food Group — now Hain Celestial Group — in 2000 for $390 million. Hain Celestial Group CEO Wendy Davidson (left) and CNBC's Andrea Day (right) trekking along the historic footrails where the founders of Celestial Seasonings gathered wild herbs in 1969. Turning peanut butter into goldThe Boulder County Farmers Market, a vibrant incubator since 1987, exemplifies the region's thriving ecosystem. A sign from the Boulder Farmers Market, operating from April to November, serving as an incubator for numerous small food businesses.
Persons: Wendy Davidson, CNBC's Andrea Day, Davidson, It's, Justin Gold, butters, , Gold, Daniel Acker, Juan Stewart, Stewart, Kristine Carey, Kristy Lewis, Quinn Snacks Organizations: U.S . News, Rockies, Hain Food, Group, CNBC, Leeds School of Business, University of Colorado, Farmers, Boulder Farmers, Foods, Hormel Foods, Bloomberg, Getty, Boulder County Farmers, Kroger, Companies Locations: U.S, CNBC's, Rocky, Boulder , Colorado, Boulder, University of Colorado Boulder, Tiskilwa , Illinois, Boulder County
As Narendra Modi was storming to victory in the election of 2014, he said that “acchhe din aane waale hain” — good times are coming. Now as Mr. Modi stands set to secure another term as prime minister in elections starting on April 19, the value of India’s stock market has grown threefold since he first took office. India’s economy is almost twice as big as it was. But the economic gains have been widely unequal. The bulk of India’s growth depends on those at the top of the income ladder, including a coterie of huge and tightly controlled businesses.
Persons: Narendra Modi, waale, Modi
Activist Commentary: Carl Icahn is the grandfather of shareholder activism and a true pioneer of the strategy. While Carl Icahn is not slowing down at all, in October 2020, he reached an agreement with his son Brett Icahn to rejoin the firm as the eventual successor. Carl Icahn is the quintessential, iconic corporate governance investor. On Jan. 19, Carl Icahn started acquiring his position. On Feb. 12, her first day in her new post, she had a Carl Icahn 13D on her desk.
Persons: Carl Icahn, Brett Icahn, Brett, hasn't, Carl, Sargon, Joanna Geraghty, Carl Icahn 13D, Icahn, Robin Hayes, Geraghty, Hayes, Ken Squire Organizations: Apple, Netflix, Forest Labs, JetBlue, Spirit, Investors, U.S, Transportation Department, 13D Locations: Icahn, Delta, United
Read previewA Pennsylvania police officer charged with sexually assaulting a woman told her he didn't "intentionally rape" her, court documents show. Justin Hain, an officer for the Steelton Burough Police Department in Pennsylvania, was charged with rape on January 11, court documents show. Court records show that Hain is facing four felony charges and two misdemeanors. AdvertisementPolice said the woman told them that Hain approached her when she got out of the shower with a "weird grin" and she told him not to touch her. A judge set Hain's bail at $50,000, court records showed.
Persons: , Justin Hain, Hain, Penn, It's, " Hain, Francis Chardo, WHTM, Ciera Dent, Chardo, they're Organizations: Service, Steelton Burough Police Department, Business, Penn Live, Police, Penn, ABC, Borough Police Department Locations: Pennsylvania, Dauphin County
Rain washes out third England v Ireland one-dayer
  + stars: | 2023-09-26 | by ( ) www.reuters.com   time to read: +2 min
A no result at the Gloucestershire Cricket Stadium means the three-match series was won 1-0 by England, after the first ODI was abandoned without a ball being bowled due to rain before Rehan Ahmed inspired England to a 48-run victory in the second. Ireland won the toss on Tuesday and elected to bowl, with England's openers Phil Salt and Will Jacks getting them off to a strong start as they combined for 87 runs. This series was part of England's preparations as they look ahead to their title defence at next month's 50-over World Cup in India. England face New Zealand in the opening match of the World Cup on Oct. 5. Reporting by Aadi Nair in Bengaluru, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.
Persons: Matthew Childs, Ben Duckett, Rehan Ahmed, Phil Salt, Will Jacks, Craig Young, Duckett, Zak Crawley, Crawley, Young, Sam Hain, England's Jacks, Aadi Nair, Pritha Sarkar Organizations: Cricket, England, Ireland, Gloucestershire Cricket, New Zealand, Thomson Locations: Bristol, Britain, England, Irish, India, New, Bengaluru
The behemoth health-records company Epic, which touches all corners of the healthcare ecosystem, is embracing generative AI as a necessary priority. For eight months, he and a team at Microsoft have been working with OpenAI to explore how generative AI could work in healthcare. Scientific, ethical, and legal mysteries behind ChatGPTLee's panel drew top leaders from tech and healthcare, and their questions on generative AI were sweeping. OConnor edited the note to fix a mistake and clicked a button to transfer it directly into the patient's health record. Generative AI is far from a slam dunk, HIMSS's Bogdan said, citing adoption and privacy concerns.
A.I. takes center stage at HIMSS health conference
  + stars: | 2023-04-21 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +5 min
HIMSS conference attendees walk the exhibition floor Source: HIMSSDebates over artificial intelligence and its role in health care took center stage at the HIMSS Global Health Conference in Chicago this week, where more than 35,000 physicians, executives, engineers and health-care workers convened to discuss the latest advancements in health and technology. Generative AI refers to programs that can use fairly complicated prompts from end users to generate text or images. Just as generative AI has captured the attention of the general public, it has also captivated the medical community. HIMSS attendees told CNBC they believe generative AI can help with these tasks. More than 35,000 people attended the HIMSS conference in 2023 Source: HIMSS
Here are Wednesday's biggest calls on Wall Street: CFRA downgrades Roku to sell from hold CFRA said it sees "challenging fundamentals" for Roku . Piper Sandler reiterates Target as overweight Piper said Target is a key beneficiary of Bed Bath & Beyond struggles. Bank of America reiterates Chipotle as buy Bank of America said it sees more earnings per share upside after the company's earnings report on Tuesday. Bank of America reiterates Domino's as buy Bank of America said it's bullish on Domino's launch of loaded tater tots. Bank of America reiterates Microsoft as buy Bank of America said it's bullish long-term on Microsoft's venture into AI.
Earnings season continues next week, with Club holdings Linde (LIN), Emerson Electric (EMR) and Walt Disney (DIS) all set to report. Similarly, shares of Meta Platforms (META) have surged over 20% since CEO Mark Zuckerberg reassured investors Wednesday evening that 2023 would be the technology giant's "year of efficiency." The bull case is further supported by continued signs inflation is easing, a still-robust job market and the breadth of market-buying activity since the start of the year. Lastly on Wednesday, the Fed's Federal Open Market Committee raised the federal funds rate by 25 basis points, in line with expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
It's hard to make money in cannabis, so the world's largest cannabis companies are pivoting. The Canadian cannabis company Tilray in early November acquired Montauk Brewing Company, a New York craft-beer brewer. In a November 11 note, analysts at the investment bank Jefferies called Canopy's core Canadian cannabis business "a sideshow." Tilray's cannabis business slumps, while beer boomsLike Canopy, Tilray's core cannabis business is also declining while its beverage unit and other businesses are growing. Beyond cutting costs, it was, therefore, only a matter of time before the world's largest cannabis companies, with investors and shareholders breathing down their necks, looked elsewhere to boost their margins.
Business: Crown Holdings is a worldwide leader in the design, manufacture and sale of packaging products for consumer goods and industrial products. Activist Commentary: Carl Icahn is the grandfather of shareholder activism and a true pioneer of the strategy. The opportunity to create shareholder value here is relatively simple: sell non-core businesses, buy back shares and focus on the pure-play beverage business. The company announced its acquisition of Signode, a transit packaging business, for $3.9 billion in 2017, and might be reluctant to sell it for less than that now. There is more value in how they use those proceeds (i.e., buying back stock in an undervalued, growing business).
It is very premature, in my view, to think about or be talking about pausing our rate hikes. The news sent those stocks reliant on China for growth — Starbucks, Estee Lauder and Wynn Resorts, among many others — higher. Or bad news could just be bad news if weak data signals a recession ahead. And good news could be good news: for example, if China reopens and U.S. companies exposed to the region see a boost in demand. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.
Here are Tuesday's biggest calls on Wall Street: Morgan Stanley reiterates Walmart as overweight Morgan Stanley said that Walmart+ could be worth $45 billion. Morgan Stanley upgrades Amgen to overweight from equal weight Morgan Stanley said the biopharma company is a defensive stock. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said Microsoft has an attractive valuation. Morgan Stanley downgrades Zoom to equal weight from overweight Morgan Stanley said there's a lack of near term catalysts for the stock. Morgan Stanley names Taiwan Semiconductor as a catalyst driven idea Morgan Stanley said it's bullish heading into semiconductor company's analyst meeting on Thursday.
În localitățile R. Moldova au fost aduse omagii ostașilor care au luptat în cel de-al Doilea Război Mondial și au fost comemorate victimele căzute pe câmpul de lupte. Al Doilea Război Mondial a durat 2 194 de zile, a cuprins 61 de state ale lumii. municipiul CahulÎn municipiul Cahul trăiesc cinci veterani ai celui de-al doilea Război Mondial. orașul Ialoveni„Anii i-au trecut în eternitate pe ialovenenii care au participat la luptele în cel de-al Doilea Război Mondial. Potrivit datelor oficiale, 268 de mii de de moldoveni au participat în luptele celui de-al doilea Război Mondial.
Persons: Profira Bisericanu, hain, Ștefan Vodă, Tatiana Gălățeanu, Alexandru Cocoș, Tatiana, - Organizations: Ucrainean, Rădoaia Locations: Moldova, Fălești, Fronturile, Belarus, Poloniei, Germaniei, Cehoslovaciei, Horești, Sângerei, Ștefan, Sărata Galbenă, Hâncești, Giurgiulești, aionul Cahul, Cahul, Telenești, Vechi, Ialoveni
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