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Top related persons:
General Motors - 1 Siri - 1 Keith Gill - 1 Pierre Brondeau - 1 Mark Douglas - 1 Ronaldo Pereira - 1 Elliott - 1 Lee Cole - 1
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Apple Pay - 1 Apple - 1 General - 1 GM - 1 Worldwide Developers - 1 OpenAI - 1 GameStop - 1 FMC - 1

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☆ Stocks making the biggest moves midday: Affirm, General Motors, Apple and more
  + stars: | 2024-06-11 | by ( Sean Conlon | ) www.cnbc.com   time to read: +3 min
Affirm Holdings – The stock popped nearly 7% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this year, the company said in a filing. General Motors – The automaker's stock added about 2% after announcing a $6 billion share repurchase program. Apple – The stock jumped around 6% one day after the iPhone maker announced its artificial intelligence strategy at its Worldwide Developers Conference . GameStop – The stock rose about 2%, trimming losses after its recent slide.
Persons: General Motors, Siri, Keith Gill, Pierre Brondeau, Mark Douglas, Ronaldo Pereira, Elliott, Lee Cole, FactSet, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Pia Singh, Sarah Min, Jesse Pound Organizations: Apple Pay, Apple, General, GM, Worldwide Developers, OpenAI, GameStop, FMC, JPMorgan, Reuters, Apollo, Kyndryl Holdings, Southwest Airlines –, Academy Sports, Bank of America Locations: Southwest
☆ Finance Chiefs Are Optimistic Any Recession Will Be Short, but Challenges Remain
  + stars: | 2023-02-08 | by ( Jennifer Williams-Alvarez | Mark Maurer | Richard Vanderford | ) www.wsj.com   time to read: +10 min
Finance chiefs are coming into the year grappling with a variety of challenges, from rising interest rates and inflation to managing labor disruptions, pricing and inventory. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. “But…there’s more and more of a belief that any kind of downturn will be short and shallow, frankly. Some finance chiefs, meanwhile, are finding opportunities to expand in the volatile economy. You can’t take everything that your vendors are sending you.”Labor woes persistHiring, however, remains a challenge for finance chiefs.
☆ Consumers are going to trade down in a big way this year — How to play it from Bank of America
  + stars: | 2023-01-18 | by ( Michelle Fox | ) www.cnbc.com   time to read: +3 min
Here are three of Bank of America's trade-down picks, which Ohmes expects to outperform in 2023. Consumers looking to save money on a gym membership could quit their mid-tier gym and join Planet Fitness for $10 to $25 a month. During the 2008-2009 downturn, Planet Fitness' same-store sales averaged 21% as consumers shifted away from higher-priced options, Ohmes said. Planet Fitness also has rapidly expanding margins and return on invested capital, as well as growth in its equipment segment, Ohmes said. PLNT 1Y mountain Planet Fitness' 12-month performance Bank of America's price target of $100 per share implies 21% upside from Tuesday's close.
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