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Search resuls for: "CH Robinson Worldwide"


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Five Below told investors to expect between $830 million and $850 million, while analysts polled by LSEG forecasted $883 million. Sprinklr — The business technology stock dove 21.1% in the wake of weak guidance for the current quarter and full year. StoneCo — The financial technology stock rose 2.6% following an upgrade to overweight from neutral by JPMorgan . Ultragenyx Pharmaceutical — The biopharma stock added nearly 4% following an upgrade to buy from neutral at Goldman Sachs. Shopify — The e-commerce technology stock slipped 1.6% on the back of a MoffettNathanson downgrade to neutral from buy.
Persons: Goldman Sachs, Smartsheet, LSEG, Sprinklr, Mizuho, there's, StoneCo, CH Robinson, Goldman, ISI's, Shopify, Guggenheim, , Jesse Pound, Michelle Fox, Lisa Kailai Han Organizations: Nvidia, LSEG, Revenue, Mizuho, JPMorgan, Ultragenyx Pharmaceutical, Goldman, eBay, Citi, UBS, BMO Capital, BMO, Viridian Therapeutics, ISI, Energy Locations: Americas
The Dow Jones Transportation Average, which tracks 20 US transportation stocks from railroads to airlines to delivery, has fallen 1.6% so far this year, underperforming the broader Dow industrials’ 2.2% gain. As that optimism dims, some investors worry that the decline in transportation stocks suggests rough times ahead for the economy. The transportation index tends to fall when the economy deteriorates, as demand for travel and goods wanes. Turmoil in the airline industry also likely contributed to the recent slide in transportation stocks. But net profit fell 14% to €4.9 billion ($5.3 billion) as its tax bill rose.
Persons: CH, , ”, Mark Luschini, Janney Montgomery Scott, Russell, Howard Silverblatt, Dow, effusively, , Luschini, Jason Heller, “ I’m, Hanna Ziady, Sewing, Read, Tod Steward, He’s, It’s, Parija Kavilanz, Steward, Steward hasn’t, , haven’t, that’s Organizations: CNN Business, Bell, New York CNN, Dow Jones Transportation, Dow, CH Robinson Worldwide, United Parcel Service, Avis Budget Group, Alaska Air Group, Federal Reserve, Alaska Airlines Boeing, Max, Apple, Microsoft, Meta, Dow Jones, Tesla, Coastal Wealth, Deutsche Bank, Super Bowl, CNN Locations: New York, Seattle
Binance backs out of rescue of Bankman-Fried's FTX, leaving the crypto exchange on the brink of collapse. Citi cuts price target on Coinbase Global (COIN) to $80 per share from $105, believing the FTX troubles could be a clearing event in the crypto market. Oppenheimer cuts price target on Club holding Salesforce (CRM) to $200 per share from $240; keeps outperform (buy) rating. Gordon Haskett upgrades Club holdings TJX Companies (TJX) to buy from hold, with an $80 per share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Cramer's lightning round: Let's stay with Frontier
  + stars: | 2022-10-28 | by ( Krystal Hur | ) www.cnbc.com   time to read: 1 min
Loading chart...CH Robinson Worldwide Inc : "We don't need any more of these logistics companies. Loading chart...EQT Corp : "I'm going bullish, because I believe in natural gas." Loading chart...Frontier Group Holdings Inc : "I'm not going to go against an airline when people seem to want to travel more than they want to talk with people. So, let's stay with it." Camping World Holdings Inc : "Too cheap.
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