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☆ Stocks making the biggest moves premarket: Morgan Stanley, Cisco, ASML and more
▼ + stars: | 2024-10-16 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Cisco Systems — The networking technology stock added nearly 2% on the heels of a Citi upgrade to buy from neutral. The firm's earnings came in at $1.88 per share, versus the $1.58 expected by a LSEG analyst poll. Revenue was $15.38 billion versus the $14.41 billion consensus estimate. United also announced a $1.5 billion share buyback, its first since before the pandemic. J.B Hunt Transport Services — Shares jumped more than 7% after the company's third-quarter results topped expectations.

Persons: Novocure, Morgan Stanley —, accidently, J.B, Hunt, LSEG, — CNBC's Sean Conlon, Alex Harring, Sarah Min, Michelle Fox, Hakyung Kim Organizations: Cisco Systems, Citi, U.S . Food, Drug Administration, Revenue, United Airlines, United, Hunt, — Locations: U.S

☆ Retailers are losing $100 billion a year from 'friendly fraud,' report finds — and sometimes it's an accident
▼ + stars: | 2024-07-25 | by ( Genna Contino | ) www.cnbc.com time to read: +3 min

Man sits on a sofa in his living room and uses a credit card to pay online. Stefanikolic | E+ | Getty ImagesFriendly fraud is a broad termCredit card experts say identifying friendly fraud can be difficult. "We look at the number of accounts, number of disputes, number of overturned disputes, number of closed accounts. Looking at Socure's research, $89 billion of the $100 billion attributed to this type of fraud is lost by merchants. The remainder comes from credit card fraud loss ($18 billion) and the dispute resolution from the top 15 U.S. banks.

Persons: Robert Painter, Chi Chi Wu, That's, Wu, Johnny Ayers, Ayers, Domenic Cirone Organizations: Getty, National Consumer Law, Merchant Risk Council Locations: U.S

☆ Buy these stocks ahead of earnings, including this Nvidia peer, Bank of America says
▼ + stars: | 2024-07-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Earnings season is revving up, and Bank of America has picked out a series of stocks to buy in advance of their quarterly reports. CNBC Pro combed through top research from Bank of America to find buy-rated stocks ahead of earnings. Other positive catalysts include "higher power prices, upward revisions to transmission revenues [and] accretive asset sales," Pereira wrote. Meanwhile, competition remains fierce from the likes of Nvidia , but Arya said he's standing by Broadcom's "best-in-class management team." … It commands ~83% market share & we think it stands to further dominate the space as metal card issuance soars.

Persons: Arthur Pereira, Pereira, Vivek Arya, Arya, Broadcom's, Cassie Chan, Chan, CompoSecure, … EDU, CMPO Organizations: Bank of America, CNBC, Broadcom, Eletrobras, Taiwan Semiconductor Manufacturing, Oriental Education & Technology, VMware, Nvidia, New, Taiwan Locations: U.S, China

The Camden County Sheriff's Office hired him nine months later. His file shows Aldridge was disciplined for using unnecessary force in February 2014 and May 2017. The department fired Aldridge for his third infraction just three months later. “It's just not worth the risk.”Bessent and other advocates say it’s an example of Camden County Sheriff Jim Proctor tolerating unnecessary violence. After one car crashes, body and dash camera video shows Aldridge shouting expletives as he approaches with his gun drawn.

Persons: Buck Aldridge, Leonard Cure, Aldridge, ”, Timothy Bessent Sr, Neill Franklin, they’re, Franklin, “ It's, ” Bessent, Camden County Sheriff Jim Proctor, Proctor, Larry Bruce, Jarrett Hobbs, Hobbs, jailers, “ You’ve, Harry Daniels, Christine Newman, Newman, Robert Persse, Louis Dekmar, Dekmar, Mike Spiers, “ Buck Aldridge, Adrienne Browning, “, Cure, That's, Thaddeus Johnson, ” Johnson, expletives, Johnson Organizations: Camden County sheriff's, The Associated Press, Sheriff's Office, Georgia Bureau of Investigation, Camden, Camden County’s NAACP, AP, U.S . Marine, Kingsland Police, Police, Maryland State Police, Baltimore Police Department, Camden County Sheriff, International Association of Chiefs, Georgia State University, Criminal Locations: Camden, Georgia, Florida, Camden County’s, Kingsland, Georgia's, Camden County, Hobbs, LaGrange , Georgia, Franklin, Memphis

☆ This maker of an atrial fibrillation device has nearly 70% upside, JMP Securities says
▼ + stars: | 2023-10-23 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Investors should scoop up shares of medical device provider AtriCure , according to JMP Securities, which expects the company to be a winner in one burgeoning medical device market. AtriCure develops, manufactures and sells devices that are used for the treatment of atrial fibrillation, or Afib; left atrial appendage management, or LAAM; and post-operative pain. The company's stock price has declined just about 19% so far this year, with almost all of that occurring this quarter. ATRC YTD mountain AtriCure stock. AtriCure's pain management division "adds an attractive layer of growth that should outpace ATRC's legacy product portfolios," Stauder said.

Persons: Daniel Stauder, Stauder, bode, AtriCure, — CNBC's Michael Bloom Organizations: JMP Securities

Leonard Allan Cure, 53, died on Monday after a Camden County sheriff's deputy shot him; the officer has not been officially identified. The Camden County Sheriff's Office said in a posting online the video was released because of rumors and misinformation, but did not elaborate. A representative for the sheriff's office did not immediately respond to Reuters request for comment on Wednesday. The deputy later told Cure on the video that Cure was driving 100 miles per hour (160 kph) on Interstate 95 in southern Georgia. Cure's family watched the video Wednesday at a Georgia Bureau of Investigation office with their attorney just before it was released by Camden County, in southern Georgia.

Persons: Leonard Allan Cure, Cure, Ben Crump, Crump, Cure's, Wallace Cure, Rich McKay, Daniel Trotta, Noeleen Walder, Kat Stafford, Gerry Doyle Organizations: Georgia Bureau of Investigation, Chamber, Reuters, of Florida, Camden County sheriff's, Sheriff's, of, Thomson Locations: Georgia, Florida, Tallahassee , Florida, U.S, ATLANTA, Camden County, America, Camden, Atlanta, Carlsbad , California

☆ Georgia deputy kills Black man freed from prison after exoneration
▼ + stars: | 2023-10-17 | by ( Brendan O'Brien | ) www.reuters.com time to read: +3 min

The officer pulled over Leonard Allan Cure, 53, on Monday morning along Interstate 95 in Camden County near the Florida border. An altercation ensued, and the deputy killed Cure, according to the Georgia Bureau of Investigation (GBI). In Monday's incident, the GBI said the deputy had told Cure that he was under arrest but Cure failed to comply with the officer's requests and assaulted him. Before shooting, the deputy used a Taser and a baton in an effort to subdue Cure, the agency said. It said in a statement on Monday that Cure was traveling to see his mother in south Florida when the incident occurred.

Persons: Kevin Wurm, Leonard Allan Cure, Cure, Leonard Cure, Brendan O'Brien, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Georgia Bureau of Investigation, Walgreens, New York Times, New York University, Stanford, Broward, Unit, Cure, of, Thomson Locations: American, Washington , U.S, Georgia, Florida, Camden County, Dania Beach , Florida, United States, EXONERATION, FLORIDA, of Florida, Chicago

☆ Cramer's Lightning Round: Stay away from Novocure
▼ + stars: | 2023-06-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Plug Power's year-to-date stock performance. Stock Chart Icon Stock chart icon Nuscale Power's year-to-date stock performance. Stock Chart Icon Stock chart icon LyondellBasell's year-to-date stock performance. Stock Chart Icon Stock chart icon Novocure's year-to-date stock performance. Stock Chart Icon Stock chart icon Eaton's year-to-date stock performance.

Persons: they've, Nuscale, Eaton, Owens, Owens Corning Locations: Eaton

☆ Novocure's lung cancer device study raises concerns around commercial use
▼ + stars: | 2023-06-06 | by ( Khushi Mandowara | ) www.reuters.com time to read: +2 min

June 6 (Reuters) - Novocure Ltd's <NVCR.O> experimental device to treat a type of lung cancer helped in extending overall survival among patients in a late-stage study, but concerns around its commercial success sent the medical device maker's shares down more than 34% on Tuesday. The device, used with certain chemotherapies and immunotherapies, helps in creating electric fields that disrupt cancer cell growth. Data from the study shows that the device, along with a class of immunotherapies know as immune checkpoint inhibitors (ICI), extended survival by about eight months, compared to patients treated with ICI alone. Lung cancer is the most common cause of cancer-related death worldwide, and NSCLC accounts for about 85% of all lung cancers, the company said. Reporting by Khushi Mandowara in Bengaluru; Editing by Nivedita Bhattacharjee, Shinjini Ganguli and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Emily Bodnar, Jefferies, Michael Yee, Novocure, Khushi, Nivedita Bhattacharjee, Shinjini, Maju Samuel Organizations: ICI, Wainwright, U.S . Food, Drug Administration, Thomson Locations: United States, U.S, Bengaluru

☆ This biotech stock could yield 33% upside ahead of cancer trial data, Wells Fargo says
▼ + stars: | 2023-05-16 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Wells Fargo expects upcoming results from Novocure's LUNAR trial to be a catalyst for the stock. Novocure shares were gaining 3.5% on the back of the Wells Fargo upgrade, which lifted the stock's rating to overweight from equal weight. Analyst Larry Biegelsen also set a new price target of $104 per share, which represents 33% upside from Monday's closing price of $78.38. The LUNAR trial studied the efficacy of combining tumor treating fields, which target tumors with electrical frequencies, with more traditional therapies, including immunotherapies, to treat non-small cell lung cancer. NVCR YTD mountain Novocure stock could yield as much as 33% upside ahead of cancer treatment study data, Wells Fargo says.

☆ Bipartisan Senate bill would push ticket sellers to disclose fees upfront
▼ + stars: | 2023-04-26 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

You also have the option of purchasing live tickets that can be printed directly from your computer or wireless device. WASHINGTON — Swifties, the BeyHive and Cure fans may have a reason to rejoice: Senators on Wednesday are set to introduce a bipartisan bill targeting hidden ticket fees for live events. Dubbed the Transparency in Charges for Key Events Ticketing (TICKET) Act, the measure would require ticketing merchants to disclose upfront full ticket prices, including fees, for concerts, sporting events and other large gatherings. Ticket fees can comprise 21% to as much as 58% of the total cost of tickets, according to a statement from the committee. The bill aims to promote competition "by delivering ticket fee and speculative ticket transparency for the benefit of all consumers," the committee said.

It also partners with Costco to offer Canadian members discounts on any Pets Plus Us Pet Insurance plan. Types of Pet Insurance Plans from Pets Plus UsPets Plus Us coverage is offered in a few different tiers, which include a starter tier of accident-only coverage. To file a claim with Pets Plus US, you can:Submit a claim online at Portal.PetsPlusUs.comBegin a claim by emailing submissions@petsplusus.comFax claims information to 1-855-456-PETS (7387)You can also file a pet insurance claim through the mail using the following address:Pets Plus UsSuite #400, 710 Dorval DrOakville, ON L6K 3V7Pets Plus Us Pet Insurance FAQsDoes Pets Plus Us offer pet insurance plans in the United States? Methodology: What Went into Our Pets Plus Us Pet Insurance ReviewBefore we wrote this Pets Plus Us review, we gathered information from more than 20 pet insurance providers offering similar pet health coverage. Pets Plus Us Pet Insurance Competitors PetSecure Pet InsurancePHI Direct Pet InsuranceFetch Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

☆ Medical tourism looking sickly as patients watch their spending
▼ + stars: | 2023-02-27 | by ( Joanna Plucinska | ) www.reuters.com time to read: +5 min

"People are more cautious," Knott told Reuters, staring at the empty building across the street from his existing Kreativ Dental clinic. Rising air fares and fewer flights - and the memory of last summer's travel chaos - are also putting off would-be patients, clinic operators and analysts told Reuters. A hip or knee replacement at Nordorthopaedics in Lithuania is about 15% more expensive now than five years ago, the clinic told Reuters. Lyfboat, an Indian company providing medical services for foreign patients, told Reuters it has collaborated with a fundraising platform called ImpactGuru to help patients pay for essential surgeries. ACUTE VS ELECTIVEThe International Medical Travel Journal, published by market intelligence service LaingBuisson, estimates the medical tourism market is currently worth around $21 billion, less than pre-pandemic, although editor Keith Pollard warned data is poor.

☆ Test proves that CO2 sucked from the air can be trapped in concrete
▼ + stars: | 2023-02-03 | by ( ) www.cnbc.com time to read: +4 min

To do that, two things are needed: first, capturing carbon dioxide with nature or technology, and second, locking it up for centuries. The rock is then heated to release the collected ambient carbon dioxide, and the cycle repeats. Canada's CarbonCure, the concrete technology company, mixes CO2 with concrete ingredients, turning it into a mineral that strengthens the concrete, cutting the need for cement — the part of concrete with the biggest carbon footprint. The U.S. government and industry broadly see $100-a-tonne carbon dioxide as a reasonable price for broad deployment. However, concrete's ubiquity is attractive, because there are few places to securely hold carbon dioxide at present.

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