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☆ TJ Maxx parent says holiday shopping is off to a 'strong start,' but its guidance tells another story
▼ + stars: | 2024-11-20 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

TJX Companies touted a "strong start" to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street. "The fourth quarter is off to a strong start, and we are excited about our opportunities for the holiday selling season. For its holiday quarter, TJX is expecting comparable sales to grow between 2% and 3%, largely in line with the 3% uptick that StreetAccount analysts had expected. TJX is standing by its comparable sales guidance of 3% growth for the full year, just shy of the 3.2% growth that StreetAccount analysts had expected. It raised its pretax profit margin outlook from 11.2% to 11.3%, which matches StreetAccount's expectations, along with its earnings per share guidance.

Persons: TJX, Ernie Herrman, It's, LSEG, Maxx, TJ Maxx Organizations: TJX Companies, LSEG, Company, It's, HomeGoods, TJX, Brands, United Arab, Burlington, Ross, Bank of America Locations: HomeGoods, Sierra, TJX Canada, Europe, Australia, Dubai, United Arab Emirates, Saudi Arabia, Spain

☆ The US-China tech race is moving from chips to the raw materials they're made of
▼ + stars: | 2024-11-14 | by ( Huileng Tan | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

In the race against the US for global tech supremacy, China has the upper hand in at least one critical area: rare earths. AdvertisementFor more than a year, Beijing has slowly been tightening its grip on critical minerals and rare earths. Now, there are fears that China could tighten the global rare earths supply chain even more. China's rare earth dominanceChina has long dominated the rare earths market due to supply, low labor costs, and lax environmental standards. In 2022, the US Department of Defense awarded $45 million to MP Materials for rare earth oxide processing, and in 2023, it awarded over $288 million to Lynas USA to set up commercial-scale rare earth oxide production facilities.

Persons: Deng Xiaoping, —, Rick Waters, Donald Trump's, Louise Loo, Zongyuan Zoe Liu, Chris Tang, Nick Vyas, USC Marshall's Randall R, Vyas, he's Organizations: European Union, World Trade Organization, US Department of Defense, Materials, US, White, Nvidia, Taiwan Semiconductor Manufacturing, Oxford Economics, Greater China, Council, Foreign Relations, Soviet, Bloomberg, AMD, USC, Kendrick, Supply Chain Institute, Bureau of Industry, Security Locations: China, US, Beijing, Japan, USA, Eurasia, Washington, Taiwan, Greater, Soviet Union, North Korea, North Vietnam

See how we rate personal loans to write unbiased product reviews. One way my husband did that was by consolidating his loans to get out of debt. Back then, I had a decent credit score and about $18,000 in student loans, and he had a poor credit score and about the same amount in consumer debt and car debt. Here's what we did to tackle Marshall's credit score and debt ratio before officially tying the knot in January 2021 and eventually buying a home. It turned out a few inaccuracies were holding back his credit score, and he was able to get them deleted with just a phone call.

Persons: —, Marshall, Rich Dad, Robert T, JL Collins, Dave Ramsey, Chris Hogan, Christopher R, Jarvis, David B, Mandell, Gary John Bishop, we've Organizations: Service, Business, Nationwide

☆ Eli Lilly's earnings rally is not done yet — plus, why TJX has stayed resilient in the volatility
▼ + stars: | 2024-08-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. It's a big one for retail with earnings from Home Depot and Walmart and, more broadly, the Commerce Department's July retail sales report. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Eli Lilly, Cowen, TJ Maxx, we'll, Jim Cramer's, Jim Organizations: CNBC, Taiwan Semiconductor Manufacturing Company, Apple, Nvidia, Management, Home Depot, Walmart, Commerce, TJX, Reserve, Jim Cramer's Charitable Locations: Marshall's

His comments rattled health care providers, who might advise a pregnant woman seeking an abortion to travel out of state, and abortion funds that help arrange and fund such travel. Stefan Jeremiah / AP fileThe plaintiffs, who include the Yellowhammer Fund, an abortion fund, and West Alabama Women’s Center, now known as WAWC Health Care, along with other health care providers, have some reason for optimism. Although Marshall has not brought any charges, abortion-rights advocates say his remarks have had a chilling effect on abortion funds and health care providers. More than a decade ago, an abortion fund supported her through ending a pregnancy. Evelyn Hockstein / ReutersWAWC Healthcare, another plaintiff in the case, which is being represented by the ACLU, used to offer abortions, but has remained open to provide prenatal care and other reproductive health care, such as wellness exams.

Persons: Roe, Wade, Steve Marshall, Marshall, “, Marshall’s, Steve Marshall's, Stefan Jeremiah, Myron Thompson, ”, Jamila Johnson, Kelsea McLain, ” McLain, Evelyn Hockstein, Robin Marty, She’s, ” Marty Organizations: U.S, Supreme, Republican, Alabama, Yellowhammer Fund, West Alabama Women’s Center, Middle, Middle District of, Yellowhammer, NBC News, Medical, WAWC Healthcare, Reuters WAWC Healthcare, ACLU Locations: Alabama, State, U.S, Middle District, Middle District of Alabama, California, Idaho, Texas, Reform, Ala

My pet insurance is $25 a month, and I get great care for my cat with affordable co-pays. I pay $25 a month for pet insuranceI have Fetch pet insurance, which costs about $25 a month for one cat (although it started at $22). Get Pet Insurance Quotes Find affordable pet insurance policies with Petted. Rose used to have pet insurance for Mar through her job, which gave her access to Nationwide pet insurance for about $8 a month out of her paycheck. Now, doing research on pet insurance, Rose expects to pay a higher cost than before.

Persons: I've, I'm, She's, It's, Cuddles, Rose Rogers, Rose, Mar, it's Organizations: Sherwood Cat, Mar, Nationwide Locations: I'm, Portland , Oregon, Oregon's, Seattle

Elisa Marshall and Benjamin Sormonte didn't want to be overly ambitious when launching a business in New York in 2014. Some items feature "a fun twist," Marshall says: The salted chocolate cookie sandwich with white chocolate ganache resembles a fancier, French version of an Oreo. Sormonte and Marshall didn't know how much launching a cafe in New York would cost, and ended up spending $250,000. The praise brought in waves of customers, and Maman brought in roughly $2 million in revenue during its first full year. And it was great," Marshall says, adding: "Next thing you know, we're the hottest cookie in New York."

Persons: Elisa Marshall, Benjamin Sormonte didn't, Marshall, Oprah Winfrey, Sormonte, — Marshall, childhoods, Armand Arnal —, Sormonte's, Marshall didn't, Maman Organizations: CNBC, Michelin Locations: New York, SoHo, Toronto, France, Montreal, Ibiza, Spain, New, Tribeca

☆ How $65 billion Marshall Wace is turning into the hedge funds it's criticized
▼ + stars: | 2024-05-09 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

There's a split internally at $65 billion Marshall Wace. The 27-year-old London-based hedge fund, founded by Paul Marshall and Ian Wace, has prided itself on its collaborative culture. Multi-strategy mightThe culture shift at Marshall Wace is just the latest ripple effect to come from the vast expansion of power, assets, and clout of the largest multi-strategy hedge funds. For Marshall Wace, that looks like a charge that can be up to 0.75% of the $22.4 billion Eureka fund's value — more than $150 million — on top of the set management fees and variable performance fees the firm already charges. A person close to the firm said that certain people still have access to aggregated positions, but the restriction helps Marshall Wace manage "complexity and confidentiality" as the manager continues to grow.

Persons: Marshall Wace, Paul Marshall, Ian Wace, Marshall, George Soros, It's, Marshall Wace's, You've, Dan Schatz, Ruchit, Jaime Brandwood, Derek Rosenthal, Marshall's Organizations: Business, BNP, Eureka, Citadel, Ruchit Puri Locations: London, Citadel, New York, Singapore, Shanghai, Hong Kong, Eureka

A major U.S. bank and a legacy tech name were the focus of some of Tuesday's biggest analyst calls. The firm upgraded the apparel stock to overweight from neutral, and raised its price target to $31 per share from $26. The firm resumed coverage of the legacy tech company with an overweight rating and a $58 per share price target. He reiterated his $64 price target on the stock, implying upside of 10.7%. Additionally, he sees "greater risk to the achievement of our price target as the Fed rate cutting cycle begin."

Persons: Morgan Stanley, Matthew Boss, — Brian Evans, Goldman Sachs, Molson Coors Goldman Sachs, Molson, Molson Coors, Bonnie Herzog, Bud Light, Brian Evans, Goldman, Mark Delaney, Cisco, Morgan Stanley's, David Rochester, Fred Imbert Organizations: CNBC, Cisco Systems, JPMorgan, Eagle Outfitters JPMorgan, American Eagle Outfitters, Eagle Outfitters, Molson Coors, Molson, TAP, Tesla, Cisco, Wells Locations: U.S, Wells, Americas, EVs, Wells Fargo, 2H24, Rochester

☆ TJX tops earnings estimates as holiday sales jump 13%
▼ + stars: | 2024-02-28 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer. Excluding an additional week in the quarter, TJX reported earnings per share of $1.12. Sales rose to $16.41 billion, up about 13% from $14.52 billion a year earlier. Over the last year, it raised its sales and profit guidance numerous times. For the full year, it expects earnings per share of $3.94 to $4.02, compared to estimates of $3.88 to $4.40.

Persons: TJX Cos, TJX, Jane Hali Organizations: Maxx, LSEG, Associates Locations: Pinole , California, TJX's, New York , Florida , Texas, California

☆ Republicans are panicking about IVF treatment being restricted in Alabama
▼ + stars: | 2024-02-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

The former president's statement came as Republicans try to distance themselves from an Alabama ruling. The Alabama Supreme Court controversially found that frozen embryos are children. AdvertisementFormer President Donald Trump on Friday broke his silence on a controversial Alabama Supreme Court ruling that has threatened the future of access to in vitro fertilization. Trump's comments come after the White House and Democrats have torn into Republicans over the Alabama ruling. Alabama Attorney General Steve Marshall's office said that he "has no intention of using the recent Alabama Supreme Court decision as a basis for prosecuting IVF families or providers."

Persons: Trump, —, Donald Trump, Roe, Wade, Joe Biden's, Kellyanne Conway, NRSC, Jason Thielman, kZR5LqRt5p — Lauren Fox, Zev Williams, Kevin Stitt, Stitt, Politico, Jay Mitchell, Mitchell, Steve Marshall's, Kay Ivey Organizations: Alabama Supreme, Service, White House, Democrats, The New York Times, Senate Republican, Republican, Trump White House, National Republican, CNN, Pew Research Center, Columbia University Fertility Center, Oklahoma Gov, GOP, US, Alabama Republicans, Alabama Locations: Alabama, America, Oklahoma

☆ Ye called out Taylor Swift's fans after they bought Beyonce's new single to keep him from the Billboard Hot 100 top spot
▼ + stars: | 2024-02-15 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Swift's fans reacted by buying Beyoncé's new single, "TEXAS HOLD 'EM." AdvertisementYe, formally known as Kanye West, is feuding with Taylor Swift's fans after he shared a post claiming he was Spotify's global top artist. "WHEN I SAID THAT I'M THE NEW JESUS BITCH I WASN'T EVEN THINKING ABOUT TAYLOR SWIFT. "ALSO, I'M SURE I'VE BEEN FAR MORE HELPFUL TO TAYLOR SWIFT'S CAREER THAN HARMFUL. TO ALL TAYLOR SWIFT FANS I AM NOT YOUR ENEMY UUUM IM NOT YOUR FRIEND EITHER THOUGH LOL," Ye added.

Persons: Ye, Taylor Swift, —, Taylor Swift's, Swift, Taylor, Swifties, TAYLOR SWIFT, Kim Kardashian, Scooter Braun, WE, TAYLOR, SWIFT, Tree Paine, Kardashian, Brandon Marshall's, Bianca Censori, Marshall, Brandon Marshall, Kanye Organizations: Service, Spotify, NFL, Kanye West Locations: TEXAS, Ye's, ife, IFE

The execution will be the first attempt to use a new execution method since the 1982 introduction of lethal injection, now the most common execution method in the United States. After he is given a chance to make a final statement, the warden, from another room, will activate the nitrogen gas. Three states — Alabama, Mississippi and Oklahoma — have authorized nitrogen hypoxia as an execution method, but no state has attempted to use the untested method until now. They stabbed her — multiple times.”The state has predicted the nitrogen gas will cause unconsciousness within seconds and death within minutes. Much of what is known about death by nitrogen gas comes from industrial accidents or suicide attempts.

Persons: Kenneth Eugene Smith, Smith, “, ”, Jeff Hood, Elizabeth Sennett, Sennett, gurney, Steve Marshall, Liz Sennett, Smith’s, ” Marshall, Charles Sennett Jr, Smith “, Mama, Robin M, Maher, Philip Nitschke, Nitschke, ” Nitschke, Robert Grass, Charles Sennett, John Forrest Parker Organizations: United States, Supreme, U.S, Prosecutors, WAAY, Circuit, Alabama, Associated Press, Veterinary Medical Association, United Nations Human Rights Locations: MONTGOMERY, Ala, Alabama, United, United States, Mississippi, Oklahoma, Colbert County

☆ I visited T.J. Maxx's outdoorsy sibling Sierra, the most interesting brand in the TJX family
▼ + stars: | 2024-01-14 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Sierra is TJX's outdoor lifestyle brand, selling apparel, gear, home goods, and pet products. Business Insider visited a store for a closer look at T.J. Maxx's younger, sportier sibling. The Sierra store in Madison, Wisconsin, is just two doors down from a T.J. Maxx location. Dominick Reuter/Business InsiderSierra's tiny stature means it barely receives individual mention in TJX earnings calls beyond annual announcements of planned store openings, per AlphaSense. AdvertisementTJX's fingerprints are all over Sierra's stores, and the combination of its tried-and-tested playbook with this retail category make the small-but-mighty brand an exciting one to follow.

Persons: —, Dominick Reuter, I'm, TJX, Placer.ai, Ernie Herrman, Stanley, Dick's, REI, Sierra Organizations: Business, Service, Sporting, Sierra, Trading, Marshalls, Public Lands Locations: Wisconsin, Sierra, Madison , Wisconsin, Reno , Nevada, Wyoming, Denver, Burlington , Vermont, Framingham , Massachusetts, Maxx, REI

A store employee habitually ripped lottery tickets after checking them with the lottery terminal. Lottery commissioners deliberated over the case of Paul Marshall, who came forward to collect his prize even though a store employee had torn his winning ticket to shreds. The tearing incident occurred when Marshall returned to the store he bought the winning ticket from to validate it. Fortunately for Marshall, lottery officials were able to "reconstruct what happened," Chuck Taylor, the lottery director of legal affairs and compliance, said, according to the Lottery Post's reporting on the meeting. AdvertisementAfter Harris posted her winning ticket on Facebook, one of her followers claimed the prize for themselves, leaving Harris out of pocket.

Persons: Paul Marshall, Marshall, Chuck Taylor, Drena Harris, Harris Organizations: Hoosier Lottery Commission, Post, Retailers, Facebook Locations: Indianapolis, Indiana

☆ TJX Companies raises guidance again, says it expects a strong holiday as shoppers hunt for deals
▼ + stars: | 2023-11-15 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +1 min

TJX Companies on Wednesday raised its full-year guidance and said it expects a strong holiday season after inflation-weary consumers drove another quarter of sales gains. Sales rose to $13.27 billion, up about 9% from $12.17 billion a year earlier. For the third time this year, TJX Companies raised its full-year guidance. TJX now anticipates earnings per share will be in the range of $3.71 to $3.74, compared to a previous range of $3.66 to $3.72. The raised profit guidance is in line with the $3.73 earnings per share that analysts had expected, according to LSEG.

Persons: TJX Organizations: TJX Companies, LSEG

☆ How Danica Roem overcame a massive anti-trans campaign to win her fourth election
▼ + stars: | 2023-11-12 | by ( Sebastian Cahill | Associated Press | ) www.businessinsider.com time to read: +11 min

Danica Roem is now the first-ever transgender state senator in Virginia. AdvertisementAdvertisementRoem, 39, already had two comfortable reelection victories in her northern Virginia House of Delegates district. After coming into the election with a Democratic State Senate and a Republican House of Delegates, Virginia has a Democratic majority in both chambers. In her own election, Roem "faced an unprecedented deluge of anti-trans hate on the campaign trail, but she was not fazed nor distracted," Parker said. AdvertisementAdvertisementHer Inner MayorAs a trailblazer for trans politicians, Roem is celebrated in Democratic and cultural circles.

Persons: Danica Roem, Roem, —, toting kabobs, Glenn Youngkin, Youngkin's, Youngkin, Annise Parker, Parker, Bob Marshall, Virginia's, she's, Marshall, Bill Woolf III, I'm, Prince William County Organizations: Republican, Service, Shadow, Democratic, Delegates, Republican Gov, Associated Press, ABC, Houston, Democratic State Senate, of, Ohio, Democrat, Capitol, Mayor, Dodge, Airport Locations: Virginia, state's, Arlington , Virginia, Pennsylvania, Delaware, Richmond, United States, Centreville, Manassas, Virginia's, Prince William

Roem, 39, already had two comfortable reelection victories in her northern Virginia House of Delegates district. Only two folks who saw the mailers phoned her and she’s having lunch with one of them to talk things through. ___HER INNER MAYORAs a trailblazer for trans politicians, Roem is celebrated in Democratic and cultural circles. Her slogan for the 2023 campaign was “Fixing roads, feeding kids.” Much of Roem’s social media feed reads like a transportation diary — or the work of a mayor. In her first two campaigns, Roem had her own past investigated, to avoid being blindsided.

Persons: Danica Roem, toting kabobs, Roem, Glenn Youngkin, ” Roem, “, ”, Annise Parker, —, Roem “, Parker, ‘ electable, Bob Marshall, Virginia’s, she's, ” Marshall, Marshall, Bill Woolf III, — “ Organizations: WASHINGTON, Dodge Shadow, Democratic, Delegates, Republican Gov, Associated Press, Houston, “, Capitol, Dodge, Airport, + + Locations: Arlington , Virginia, Virginia, Delaware, Richmond, United States, Centreville, Manassas

The Justice Department filed a statement of interest in consolidated lawsuits against Alabama Attorney General Steve Marshall seeking to block him from using conspiracy statutes to prosecute people who help Alabama women travel to obtain an abortion. Alabama bans abortion at any stage of pregnancy with no exceptions for rape and incest. The Justice Department argued in the filing that the U.S. Constitution protects the right to travel. The two Alabama lawsuits seek a ruling clarifying that people and groups can provide assistance to women leaving the state for an abortion. In a July statement issued when the lawsuits were filed, his office said it would enforce the state's abortion ban.

Persons: Steve Marshall, Marshall, Dobbs, General Merrick B, Garland, ” Organizations: U.S . Department of Justice, Justice Department, Alabama, U.S, Supreme, Constitution, Yellowhammer Locations: MONTGOMERY, Ala, Alabama, U.S, Texas

☆ Speaker Mike Johnson is screwing up Republicans' hopes of separating Israel and Ukraine aid — but they don't seem to mind
▼ + stars: | 2023-10-31 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

Republicans have been trying to make sure that Israel and Ukraine aid are voted on separately. But Johnson's Israel bill is toxic for Democrats and increases the chance that the GOP gets jammed. AdvertisementAdvertisementMany Republicans really, really don't want to have to vote on a bill that includes both Israel and Ukraine aid. It would've been passed the House by an overwhelming bipartisan vote and applied significant pressure to senators who want to keep Israel aid linked with Ukraine aid. Nonetheless, Johnson's bill makes it only more likely that anti-Ukraine aid Republicans get rolled.

Persons: Johnson's, —, Biden, Republican Sen, Roger Marshall of, Marshall, would've, Mike Johnson, Chuck Schumer, Mitch McConnell, McConnell, Johnson, Sen, Ted Cruz, Cruz, Josh Hawley, Missouri, Israel, JD Vance, Ohio, Vance, aren't, We've, Ron Johnson, it's Organizations: GOP, Service, Republicans, Republican, Israel, Democratic, Internal, Kentucky Republican, IRS, Democrats, Biden, today's GOP Locations: Israel, Ukraine, Johnson's Israel, Taiwan, Roger Marshall of Kansas, Ted Cruz of Texas, Wisconsin, today's

☆ The divide between retail's winners and losers will be stark this back-to-school season
▼ + stars: | 2023-09-01 | by ( Pia Singh | ) www.cnbc.com time to read: +7 min

Back-to-school spending is expected to reach a record-high of $41.5 billion, according to the National Retail Federation's annual survey . The trends suggest certain retailers will fare better than others, with analysts favoring these stocks for back-to-school. According to a Stifel survey, retro basketball styles from Nike were the most popular choice for back-to-school this year. "These retailers have invested significantly in their private label assortments in recent years and continue to grow penetration," Jefferies analysts wrote in an Aug. 28 note. That could be a warning sign for the holidays as many investors look to back-to-school sales to set the tone for the winter season.

Persons: Morgan Stanley, Jefferies, Doug McMillon, Amazon's, Homegoods, Abercrombie —, Abercrombie, Locker, Stifel Organizations: National, Jefferies, Walmart, Target, Costco, Dollar, Ikea, P, Abercrombie, Fitch, American Eagle Outfitters, Barn Holdings, Nordstrom, Nike, FactSet Locations: U.S, Hollister, Thursday's, Banana

☆ Stocks like Meta are ‘best positioned’ for a market correction
▼ + stars: | 2023-08-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

"In addition to gaining lending market share, management [is] laser focused on boosting credit card offerings, turning around the wealth management business and growing investment banking revenues," he said. "We think Meta is best positioned vs peers to capitalize on new spend in the industry given ramping Reels and Messaging monetization, easy comps, and increasing Advantage+ adoption," he said. Blackrock "Best positioned for rebalancings. ... We think Meta is best positioned vs peers to capitalize on new spend in the industry given ramping Reels and Messaging monetization, easy comps, and increasing Advantage+ adoption." We view TJX as a market share gainer that is well positioned to benefit from trade-down and reiterate our Buy rating.

Persons: Ebrahim Poonawala, Wells, Poonawala, BofA, Lorraine Hutchinson, TJ Maxx, Hutchinson, TJX, Justin Post, BLK Organizations: Bank of America, CNBC, Meta, TJX Companies, Investor, Facebook Locations: Bank, Blackrock, Wells Fargo, Basel

☆ Morgan Stanley says this materials stock can rally nearly 20% as earnings outlook improves
▼ + stars: | 2023-06-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Corning could be due for a bounce as the potential for earnings upside enters the realm of possibility, according to Morgan Stanley. Analyst Meta Marshall upgraded the glass materials maker to overweight from equal weight and raised her price target by $3 to $38. But after three straight negative revisions, Marshall said consensus estimates for Corning's earnings are now considered within the realm of being achieved. And Corning's valuation also creates an attractive entry point, as Marshall said she expects the rally to the price target once estimates get revised up in the fourth quarter. For the rest of 2023, Meta said the most optionality comes from improvements in the fiber business's order trends.

Persons: Corning, Morgan Stanley, Meta Marshall, Marshall, Meta, it's, — CNBC's Michael Bloom Locations: Japan

☆ Up to 1.7 billion T. rex dinosaurs lived on Earth, a new study found. But scientists aren't sure where all the bones went.
▼ + stars: | 2023-05-27 | by ( Erin Heger | ) www.businessinsider.com time to read: +5 min

New calculations suggest that 1.7 billion T. rexes lived on Earth from 65.5-68 million years ago. This dichotomy between how many T. rexes lived and how few fossils we have of them shows us just how rare fossilization is and how much more we have to learn about these majestic creatures. Warpaintcobra/Getty ImagesMarshall was the lead author of an earlier study that estimated 2.5 billion T. rexes once roamed Earth. Of the roughly 1.7 billion, or so, T. rexes who roamed our planet, scientists have only uncovered a few hundred fossils, equating to fewer than 100 total dinosaurs. Despite their prime conditions for fossilization, if Giebeler's calculations are correct, scientists have only found about 0.0000002% of the T. rex that lived on Earth.

☆ Man who threw gravel at Canada PM Trudeau sentenced to house arrest
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

OTTAWA, May 8 (Reuters) - A man who threw gravel at Canadian Prime Minister Justin Trudeau during the 2021 election campaign was sentenced to 90 days of house arrest and one year of probation by a court in Ontario on Monday, according to his lawyer. Trudeau was hit by a handful of gravel in 2021 while on the campaign trail as he made his way past a crowd shouting their opposition to COVID-19-related mandates and restrictions. The prime minister was not injured and his Liberal Party went on to win the election. Shane Marshall later pleaded guilty in March to a charge of common assault related to that incident. Marshall's lawyers had requested that he be sentenced to 60 days of community sentence, while prosecutors had asked for a 30-day jail term.

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