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☆ Home Depot: Here's why Loop Capital is bullish on the home improvement retailer's stock
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot: Here's why Loop Capital is bullish on the home improvement retailer's stockLaura Champine, director of research and senior consumer analyst at Loop Capital Markets, joins CNBC's 'The Exchange' to discuss the outlook on home improvement stocks going into next year, why Home Depot is positioned well to handle headwinds with China, and more.

Persons: Laura Champine Organizations: Loop Locations: China

☆ Steve Madden is getting out of China just days after Trump’s victory. But there’s a catch
▼ + stars: | 2024-11-08 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

One US company, just two days after Trump’s reelection, says it isn’t wasting time getting out of China. Steve Madden, a $3 billion shoe company, announced Thursday that it would rapidly halve its Chinese production to avoid Trump’s tariffs. But here’s the catch: Steve Madden isn’t moving its production to the United States. ‘There for a reason’The retail industry has been crying foul over Trump’s tariffs for quite some time – apparel and shoe companies in particular. Trump’s tariffs could cost the typical middle-income US household more than $2,600 per year, according to research from Peterson Institute for International Economics.

Persons: Donald Trump, Steve Madden, Steve Madden’s, Edward Rosenfeld, “, ” Rosenfeld, Rosenfeld, Trump, Joe Biden, Madden, Laura Champine, ” Champine, it’s, Douglas Holtz, Eakin, Steven Mnuchin, Donald Trump’s, CNN’s Jake Tapper, ” Mnuchin, Mnuchin Organizations: CNN, Trump, Wall Street, National Retail Federation, Companies, Wall, American, Peterson Institute for International Economics Locations: United States, China, USA, Cambodia, Vietnam, Mexico, Brazil, America

☆ Here's why Loop Capital Markets upgraded Home Depot and Lowe's to 'buy'
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Loop Capital Markets upgraded Home Depot and Lowe's to 'buy'Laura Champine, Loop Capital director of research, joins 'Power Lunch' to discuss her firm upgrading Home Depot and Lowe's, why it may take a while to see gains in the home improvement sector, and more.

Persons: Laura Champine Organizations: Loop

Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90. Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes. Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target. RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi. Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.

Persons: Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA Organizations: CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart Locations: Wells, China, Tuesday's

☆ How birria took over restaurant menus across the country
▼ + stars: | 2024-09-25 | by ( Amelia Lucas | ) www.cnbc.com time to read: +5 min

Birria burrito surrounded by birria tacos, birria munchwrap, birria loaded fries and birria consommé at Little Miner Taco in North Bethesda, Maryland. Birria tacos use the slow-cooked meat as a filling and usually include a consommé on the side to dip the taco. Over the past four years, birria has seen its presence on restaurant menus grow 412%, largely thanks to midscale and casual-dining chains, according to market research firm Datassential. More recently, birria took off in New York City, with restaurants and food trucks serving up tacos and consommé across the five boroughs. Finding opportunityQdoba's Brisket Birria, seen here in the chain's quesadillas.

Persons: birria tacos, birria, Laura Chase de Formigny, chiles, El, Del, Taco Bell, Scott Suchman, Steven Alvarez, Alvarez, Don Guadalupe Zárate, Birrieria Gonzalez, TikTok, Qdoba's Brisket, Katy Velazquez, Qdoba, Velazquez, Lamb, Liz Hafalia Organizations: Little Miner, Washington Post, Getty, John's University, Butterfly Equity, San Francisco Chronicle, Hearst Newspapers Locations: Little, North Bethesda , Maryland, Mexican, U.S, Del Taco, Jalisco, Washington ,, St, Europe, Americas, Tijuana, Mexico, Los Angeles, California, New York City, Oakland , California

☆ Home Depot earnings on deck: Here's what to expect
▼ + stars: | 2024-08-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot earnings on deck: Here's what to expectLaura Champine, Loop Capital Markets director of research, joins 'The Exchange' to discuss Home Depot as the home improvement company is set to report its earnings.

Persons: Laura Champine Organizations: Capital

☆ Retailers are tricking consumers into spending more with earlier-than-ever Halloween rollout
▼ + stars: | 2024-08-09 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

But all the excitement to get a jump start on Halloween comes as consumers are showing more signs of financial stress. Tricking consumers into treating themselves more“It’s clear that consumers have been interested in buying Halloween products earlier and earlier,” said Champine. Michaels said it started selling Halloween goods in June, the earliest the retailer has ever done so. The initial launch of Halloween goods at Michaels “has been consistently beating our internal expectations,” he added. By selling Halloween goods earlier, they’re likely hoping it’ll decrease the likelihood of having to discount, she added.

Persons: can’t, ”, Laura Champine, they’re, Joe Feldman, Michaels, ” John Gehre, Michaels “, ” Kelsey Robinson, Lance Allen, “, ” Allen, David Zalubowski, they’ve, they’ll, Champine, ” Lowe’s, Feldman Organizations: New, New York CNN, Disney, Walt Disney, Loop, Telsey Advisory, CNN, Costco, Consumer, McKinsey, Labor, Depot Locations: New York, Los Angeles, Sheridan , Colorado, Lowe’s

☆ Costco is still a buy despite membership price hike, says Laura Champine
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco is still a buy despite membership price hike, says Laura ChampineLaura Champine, director of research at Loop Capital, joins CNBC's 'The Exchange' to discuss the Costco trade, the company's new membership price hike, and more.

Persons: Laura Champine Laura Champine Organizations: Costco

Analyst Brian Essex upgraded Zscaler to overweight from neutral and raised his price target to $230 per share from $205. The bank upgraded the software stock to overweight from neutral on Friday, and raised its price target to $580 per share from $570. Champine reiterated a buy rating on the wholesaler and raised its price target to $940 per share from $890. The analyst upgraded shares of BofA to outperform from market perform and raised his price target to $46 per share from $37. He has an overweight rating and a price target of $52, implying upside of 20% over the next 12 months.

Persons: KBW, Piper Sandler, Pinterest, Brian Essex, Essex, — Brian Evans, Mark Murphy, Laura Champine, Champine, Keefe, David Konrad, Konrad, Brian Evans, Thomas Champion, Fred Imbert Organizations: CNBC, of America, JPMorgan, Security, Zero Trust Network Security, Adobe, Wall, Costco, Bank of America, Bank, America Locations: U.S, Los Angeles

☆ Analysts get more bullish on Costco as it helps consumers fight inflation, shows e-commerce improvement
▼ + stars: | 2024-06-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Wall Street saw much to like in Costco 's earnings report last Thursday, as customers flocked to the warehouse club's stores and website. Costco's earnings per share for its fiscal third quarter came in at $3.78, topping the $3.70 expected from analysts polled by LSEG. The bank believes Costco will continue to benefit from digital enhancements and membership growth. Loop Capital also remains bullish and hiked its price target on the stock to $890 from $840, implying nearly 10% upside ahead. The firm is anticipating continued growth in revenue and same-store sales for the year.

Persons: Robert Ohmes, Kirkland, Laura Champine Organizations: Costco, LSEG, Revenue, Bank of America

☆ Costco still has room to run as membership continues to generate cash flow, says Loop's Champine
▼ + stars: | 2024-06-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco still has room to run as membership continues to generate cash flow, says Loop's ChampineLaura Champine, senior consumer analyst at Loop Capital Markets, joins CNBC's 'The Exchange' to discuss Costco, consumer behavior, and more.

Persons: Loop's, Laura Champine Organizations: Costco, Loop

Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.

Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York

☆ There's a 'great need' to connect the Middle East and Asia, HKEX says
▼ + stars: | 2023-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a 'great need' to connect the Middle East and Asia, HKEX saysLaura Cha, chairman of HKEX, says "we see ourselves playing a very unique connecting role."

Persons: HKEX, Laura Cha Locations: East, Asia

☆ Loop's Laura Champine on upgrading TJX shares: Stores have room to raise prices
▼ + stars: | 2023-07-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLoop's Laura Champine on upgrading TJX shares: Stores have room to raise pricesLaura Champine, Loop Capital managing director, joins 'Squawk on the Street' to discuss Loop's upgrade of TJX.

Persons: Laura Champine Organizations: Loop Capital

☆ More kids are anxious but fewer get the right help, study shows
▼ + stars: | 2023-06-07 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

CNN —More kids, teens and young adults are experiencing anxiety — but fewer are getting the appropriate treatment, according to the latest research. “The burden for treating mental health conditions among young kids is growing,” Chavez said. How to make sure your family gets the right helpWhile there is a larger problem of resources and availability when it comes to mental health care, there are things families can do to get help. Don’t write off chronically anxious behavior as shyness and instead seek out a mental health professional for an evaluation, she said. Families can also find help getting care and resources in the meantime at onoursleeves.org, she added.

Persons: CNN —, Laura Chavez, ” Chavez, Lata McGinn, McGinn, they’re, ” McGinn, Dr, Ariana Hoet, Hoet, ” Hoet, Chavez, “, Don’t Organizations: CNN, Medical, Survey, American Academy of Pediatrics, Pediatrics, US National Center for Health Statistics, Center for Child Health Equity, Research, Nationwide Children’s Hospital, Yeshiva University, Cognitive, Behavioral Consultants Locations: United States, Columbus , Ohio, New York City, White Plains , New York, onoursleeves.org

☆ California’s Housing Crisis Leaves College Students Eager to Live in Trailers
▼ + stars: | 2023-05-01 | by ( Christine Mai-Duc | Photographs Clara Mokri For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Laura Chappell lives with six other roommates in a house near the University of California, Santa Cruz that has termite damage, annual rat infestations, and gopher holes throughout the backyard. Two of the seven spaces they use as bedrooms are unheated and unpermitted. She pays $963 a month, nearly half of her take-home pay, for the smallest of them.

☆ In California, Desperate College Students Compete for Spots in Trailer Park
▼ + stars: | 2023-05-01 | by ( Christine Mai-Duc | Photographs Clara Mokri For The Wall Street Journal | ) www.wsj.com time to read: 1 min

☆ Buy shares of this off-price retailer helping its customers fight inflation, Loop Capital says
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

As macroeconomic uncertainties linger, Loop Capital says investors should consider adding this inflation-fighting retail stock to their portfolios. "We think persistent inflation is tough for Burlington's customers, and the improved values and brands in stores are likely to drive market share gains for the company," she wrote. BURL YTD mountain Burlington shares so far in 2023 So far this year, shares of Burlington Stores have gained 2%. But now, the tides have shifted, with Champine noting particularly strong inventory improvements among ladies apparel and premium brands. "Our March/April checks see mid-tier brands back in stock, robust inventory, and notably better values," she wrote.

Etsy — The e-commerce company's shares rose 3.9% after Piper Sandler upgraded them to overweight from neutral. Virgin Orbit — The satellite launch company sank 14% in the premarket after filing for Chapter 11 bankruptcy protection. Tesla — Shares of the electric vehicle maker ticked up nearly 1% in premarket trading. Tesla stock declined 6.1% a day earlier, with investors seemingly responding to the company's vehicle delivery report from the weekend. The media company's shares have jumped 7.8% year to date.

☆ Davos: No recession after all? Business leaders more hopeful as China reopens
▼ + stars: | 2023-01-17 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

Davos, Switzerland CNN —Bullishness about the global economy has been in short supply among business leaders in recent months, with fears of recession clouding the outlook and restraining investment. That’s thanks in large part to China, whose sudden removal of strict coronavirus restrictions late last year is expected to unleash a wave of spending that may offset economic weakness in the United States and Europe. Near term, China is in the grip of its worst coronavirus outbreak, keeping many people indoors and emptying shops and restaurants in recent weeks. “I’m expecting a solid growth number for China in 2023,” said Kevin Rudd, president of the Asia Society and a former prime minister of Australia. “Maybe we will be surprised also in the first half of the year.”Averting a global recession is not a done deal, however.

☆ Hong Kong stock exchange expects boost from China reopening, HKEX chair says
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong stock exchange expects boost from China reopening, HKEX chair saysLaura Cha, chairman of HKEX, discusses China's economic reopening and the outlook for stock markets in Hong Kong.

☆ China's reopening will boost Hong Kong markets despite weak GDP print, HKEX chairman says
▼ + stars: | 2023-01-17 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange (HKEX), on January 21, 2021 in Hong Kong, China. Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing's disappointing annual GDP growth rate in 2022, according to HKEX Chairman Laura Cha. The Chinese GDP grew by 3% last year, the National Bureau of Statistics said Tuesday, slightly surpassing the expectations of a Reuters poll but sitting well below the official target of around 5.5%. Hong Kong's Hang Seng index led losses in Asian stock markets on Tuesday following the release, but Cha told CNBC that the reopening of China's borders at the very end of 2022 will result in a strong rebound. "I think China, as the border opens up, the economy will grow back.

The UK government has promised to overhaul the youth gender care system, after it was deemed inadequate by England’s regulator of health and social care. They described a deeply flawed system that is now hobbled by a toxic political climate around gender care. The letter said a decision would be made at some point from early 2022 on whether the child “is likely to meet the access criteria” for gender care. The family has received no NHS gender care or mental health support since the referral, she said. These recommended supporting “identity exploration” and mental health treatment as the first steps to ensure that any psychological issues are addressed.

HONG KONG, Dec 12 (Reuters Breakingviews) - Hong Kong’s bankers and officials fantasise about the moment China finally ditches its Covid-19 restrictions. Mainland Chinese firms account for eight of Hong Kong Exchanges and Clearing’s (0388.HK) ten largest ever IPOs. It remains faster for Chinese companies to list in Hong Kong, rather than join the long queue on the mainland. Hong Kong could also host more offerings from places like the Middle East and Southeast Asia, as Cha envisions. IPOs on the Hong Kong exchange have raised $7.1 billion so far in 2022, according to Refinitiv data for the year up to Dec. 7.

☆ IPO market nearly paused, but exchange leaders expect 2023 boost
▼ + stars: | 2022-12-02 | by ( John Mccrank | ) www.reuters.com time to read: +4 min

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2022. Proceeds raised by IPOs this year are down around 93% versus 2021, said Lynn Martin, president of Intercontinental Exchange Inc's (ICE.N) New York Stock Exchange. "The reason companies aren't coming to market isn't because the public market currency isn't strong," she said in an interview on Wednesday. Increased scrutiny over the accounting practices of Chinese companies listing in the United States has been another factor in the slowdown in IPOs. "I am quite confident that the IPO market activity will return very quickly in the new year," she said.

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