DIRS.INFO The most relevant business & tech news

☆ I've spent a day eating like every living US president. The best diets have surprised me.
▼ + stars: | 2024-11-12 | by ( Bennett Rea | ) www.businessinsider.com time to read: +2 min

I recreated over 150 recipes from politicians before I started spending a day eating just like them. George W. Bush had my favorite daily eating habits, while Donald Trump had my least favorite. Go to newsletter preferences Thanks for signing up! Eventually, I discovered the daily diets of every living president: Joe Biden, Donald Trump, Barack Obama, George W. Bush, Bill Clinton, and Jimmy Carter. Here's my highly subjective ranking of the daily eating habits of our living US presidents, from worst to best.

Persons: George W, Bush, Donald Trump, —, Mitch McConnell's flavorless Hoppin, John, Mark Warner's, Joe Biden, Barack Obama, Bill Clinton, Jimmy Carter, Trump, Biden Organizations: Service, Congress Locations: America

☆ Illustrating Modern Love
▼ + stars: | 2024-10-10 | by ( Brian Rea | ) www.nytimes.com time to read: 1 min

There have been a few times the essays have aligned directly with my life.In 2021, I was hospitalized with fainting spells. (All is well now.) The essay that week was about a man who had injured himself in a fall.When he awoke from his coma, he asked for the essay’s writer, his ex. He had forgotten they had broken up. The writer visited him in the hospital and shared photos to help him recover his memories.I illustrated this one from the hospital, drawing from my surroundings, with my wife sitting on my bed staring at me.

☆ Rea: Invest in the long term.
▼ + stars: | 2024-10-03 | 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 EmailRea: Invest in the long term. Salem Investment Counselors President David Rea emphasizes the importance of long-term investing amid challenges like the port strike and oil issues.

Persons: David Rea Organizations: Invest, Salem Investment Locations: Salem

☆ UK's Rightmove rejects sweetened $8.3 billion bid from Murdoch's REA Group
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: +2 min

Rupert Murdoch looks on as he walks on the day of the hearing on the contentious matter of succession of Rupert Murdoch's global television and publishing empire, in Reno, Nevada, U.S. September 23, 2024. British real estate portal Rightmove rejected a sweetened $8.29 billion takeover bid from Rupert Murdoch's Australian property listing firm REA Group on Monday, saying the fourth bid still undervalued the company. That gave Rightmove an implied value of 781 pence per share, about a 3% increase over the previous bid. Rightmove said that during the discussions, REA had requested to extend the deadline to allow it to consider a potential fifth proposal. The U.K. company looks primed for a steady recovery from a property market downturn as the potential for more rate cuts boosts sentiment in the U.K. housing sector.

Persons: Rupert Murdoch, Rupert Murdoch's, REA, Rightmove, Andrew Fisher, Hamish McLennan, Rightmove's Organizations: REA Group, Murdoch's News Corp, REA, OnTheMarket Locations: Reno , Nevada, U.S, British, U.K

☆ Rupert Murdoch’s property group REA ends chase to buy Rightmove after multiple rejected offers
▼ + stars: | 2024-09-30 | by ( April Roach | ) www.cnbc.com time to read: +2 min

LONDON — Rupert Murdoch's Australian property firm REA Group said Monday it would no longer seek to buy the U.K.'s Rightmove after the property portal rejected a fourth takeover proposal. "We were disappointed with the limited engagement from Rightmove that impeded our ability to make a firm offer within the timetable available. Rightmove, meanwhile, said Monday in a separate statement that its board unanimously rejected REA Group's fourth offer proposal on the grounds that it "materially undervalued Rightmove and its future prospects." REA Group, in which News Corp owns a more than 61% interest, operates a number of property websites in Australia, as well as several brands in India and the U.S. The company sold its real estate site PropertyFinder Group to Rightmove rival Zoopla in 2009, during the Global Financial Crisis.

Persons: Rupert, REA, Owen Wilson, Rightmove, REA Group's, It's, Andrew Fisher, Zoopla, Karen Gilchrest Organizations: Rightmove, REA, Murdoch's News Corp, Reuters, REA Group, News Corp, U.S Locations: London, Rightmove, Melbourne, Australia, India

☆ Britain's Rightmove rejects $8.1 bln sweetened bid from Australia's REA Group
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

The Rightmove Plc app on an App Store page on a smartphone arranged in London, UK, on Monday, Sept. 2, 2024. British real estate portal Rightmove on Wednesday rejected a sweetened $8.1 billion takeover proposal from Australian property listing firm REA Group, saying the bid undervalued the company. "The board considered the increased proposal... and concluded that the increased proposal continues to be unattractive and materially undervalues the company and its future prospects," Rightmove said in a statement. The most recent proposal from REA Group, which is 62% owned by Rupert Murdoch's News Corp, consists of 341 pence in cash and 0.0422 new REA shares, giving Rightmove an implied value of 770 pence per share. The latest bid came after an initial offer of 705 pence per share, or 5.6 billion pounds, and the second one of 749 pence per share, were rejected by Rightmove.

Persons: REA, Rightmove Organizations: REA Group, Rupert Murdoch's News Corp, REA Locations: London, British

☆ Australia's REA sweetens takeover offer for Britain's Rightmove to $8.1 billion
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: +1 min

Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected. The latest offer consists of 341 pence in cash and 0.0422 new REA shares giving Rightmove an implied value of 770 pence per share. Rightmove did not immediately respond to a request for comment on the new non-binding bid outside normal U.K. business hours. The REA offer put forward on Monday is higher than the initial offer of 705 pence per share, or 5.6 billion pounds, and the second proposal of 749 pence per share. REA said it had not had any "substantive engagement" with Rightmove, except for the rejections, and that it remained ready to engage immediately with the Rightmove board.

Persons: REA, Rightmove Organizations: REA, Rupert Murdoch's News Corp

☆ Britain's Rightmove rejects $7.3 billion takeover offer from Murdoch's REA Group
▼ + stars: | 2024-09-11 | by ( ) www.cnbc.com time to read: +2 min

Australian property listing firm REA Group said on Wednesday that Britain's largest real estate portal Rightmove had rejected its 5.6 billion pounds ($7.32 billion) cash-and-stock takeover offer. REA shares dropped 1.25% in early trade on Wednesday. The offer consisted of 305 pence in cash and 0.0381 new REA shares and was non-binding and subject to due diligence. REA said had a deal been completed, Rightmove shareholders would have owned about 18.6% of the combined group. The cash component of the deal was due to be funded by debt and existing cash, REA said.

Persons: REA, Rightmove, Entcho Raykovski, Raykovski Organizations: Rupert Murdoch's News Corp, Reuters, Jefferies, Australian, REA Locations: London

Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Activist investor Starboard Value moved Friday to dissolve News Corp's dual-class share structure, a challenge to the Murdoch family's control over the Wall Street Journal parent, according to people familiar with the matter. News Corp's structure as of September gave Rupert Murdoch control over around 40% of the company's voting stock. Last November, Rupert Murdoch, 93, stepped down as chair of the board at both News Corp and Fox Corp. His son, Lachlan Murdoch, is the sole chair of News Corp., and continued his role as Fox Corp.'s executive chair and CEO.

Persons: Rupert Murdoch, St James, Murdoch, Jeff Smith, Smith, Lachlan Murdoch Organizations: Spencer, Wall Street Journal, News Corp, CNBC, REA Group of Australia, New York Times, Wall Street, Fox Corp, Reuters, Autodesk, Match, . News Corp, Sun, HarperCollins Locations: London

☆ Composting could be set for U.S. boom, and it needs one, decades behind recycling
▼ + stars: | 2024-06-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Some states, municipalities and private-sector companies are pushing to make composting as commonplace as recycling. Yet data from the Environmental Protection Agency shows little residential food waste is composted in the U.S. — 3.7% as of an April 2023 report. These include at-home options, curbside bins, drop-off locations and private valet services that pick up food waste from multi-family homes. Thousands of composting facilities neededFranciosi said his organization has been fielding more calls from municipalities that are interested in composting, but funding challenges remain. Another challenge is the dearth of composting facilities.

Persons: Scott Smithline, Jenny Grant, Frank Franciosi, Stacy Savage, Franciosi, Grant, Lauren Organizations: PepsiCo, Environmental Protection Agency, California Department of Resources Recycling, Zero, Local Locations: U.S, Vermont, California, Europe, REA, New York City, Bronx, Manhattan, Brooklyn, Queens, Staten

CNBC reached out to the SEC about the recent batch of Wells notices sent to crypto firms, and an agency spokesperson declined to comment. Exchanges, both centralized and decentralized, would be forced to choose between registering with the SEC, or delisting ether altogether. watch nowBoth Consensys and Uniswap suggest the SEC's broad approach to classifying securities may be outdated. "The SEC is arguing that the Uniswap protocol is an unregistered securities exchange, and that the Uniswap interface and wallet are both unregistered broker brokers," Ammori said. Uniswap argues in its response to the SEC that the majority of its trading volume is obvious nonsecurities, like ether, bitcoin and stablecoins.

Persons: Marvin Ammori, “ Ammori, Wells, Consensys, overreach, Joseph Lubin, Lubin, “, —, Christopher Gerold, Laura Brookover, Brookover, ethereum, Bill Hinman, Hinman, Patrick McHenry, Gary, Crypto, haven't, Uniswap, Ammori, there's, Alma Angotti, Guidehouse, Coinbase, We've, Christina Rea, We're, CNBC's Jordan Smith Organizations: Securities and Exchange Commission, Uniswap, SEC, Ethereum Foundation, CNBC, Security, New, New Jersey Bureau of Securities, Consensys, Securities, Exchange Commission's, of Corporation Finance, Rep, Robinhood Locations: U.S, Lubin, New Jersey, ethereum, R

☆ The housing market just saw its biggest inventory spike in nearly 3 years
▼ + stars: | 2024-02-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

New listings for homes for sale climbed 12.9% year-over-year in February, Redfin data shows. Total inventory also improved, as total homes for sale did not decline for the first time in nine months. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Mortgage-purchase applications have dropped for four consecutive weeks, and pending sales dipped 8%, the steepest drop in five months.

Persons: —, Redfin, Brynn Rea Organizations: Service, Mortgage Locations: Redfin, Spokane , Washington

☆ Indie musicians are celebrating UMG's decision to pull its music off TikTok: 'It's our time to shine baby'
▼ + stars: | 2024-02-06 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

In the days since Universal Music Group pulled its music off TikTok, countless videos on the platform have suddenly been muted. And many independent artists are realizing this might be their moment to shine. AdvertisementNow, many indie music artists are jumping on the opportunity to maximize their exposure. As Emily Zeck, an indie country musician with 2.5 million TikTok followers, wrote on a recent video caption, "It's our time to shine baby." The song has over 20 million streams on Spotify and has been reused in 1.1 million TikTok videos.

Persons: Taylor Swift, UMG, Emily Zeck, TikTok, Shane Niemi, Niemi, Ktlyn, Rebecca Rea, Rea, Lilith Max, Houston who's, ", Max Organizations: Universal Music Group, TikTok, Spotify, UMG Locations: San Diego, Dallas Fort Worth, TikTok

☆ As more tankers divert from Suez Canal, there's a 'sea change' in way Europe is buying crude
▼ + stars: | 2024-01-23 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Al HUDAYDAH, YEMEN - JULY 17: Yemen's replacement oil tanker Nautica floats over its arrival to Al Hudaydah port in the Red Sea on July 17, 2023 in Hudaydah, Yemen. (Photo by Mohammed Hamoud/Getty Images)Energy prices for Europe are expected to increase as more petroleum products and crude tankers are diverting away from the Rea Sea and Suez Canal. They would rather go around the Cape of Good Hope versus taking a chance through the Red Sea." LNG vessels travel faster than oil tankers because they are lighter and they can sail up to 21 knots versus the 12-13 knots for crude tankers. Before the Red Sea disruptions, a tanker from Jamnagar, India to Rotterdam, Netherlands would have taken 24 days.

Persons: Al, Mohammed Hamoud, Rea, Viktor Katona, Good Hope, It's, Katona Organizations: United Nations, Europe, U.S, Good Locations: Al HUDAYDAH, YEMEN, Al Hudaydah, Hudaydah, Yemen, Sana'a, Europe, Suez, Brazil, Africa's, Good, Israel, Jamnagar, India, Rotterdam, Netherlands, Basrah, Iraq, Milazzo, Sicily

☆ Antibiotic-resistant germs are killing us. Microscopic viruses may be the answer
▼ + stars: | 2024-01-21 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +14 min

Last year doctors offered to treat Horton’s infection with one of nature’s oldest predators — tiny tripod-looking viruses called phages designed to find, attack and gobble up bacteria. SCIEPRO/Science Photo Library/Getty ImagesThe microscopic creatures have saved the lives of patients dying from superbug infections and are being used in clinical trials as a potential solution to the growing problem of antibiotic resistance. Would the bacteria from her ear help scientists find phages that would treat the eye infections as well? By the following January, the CDC said at least 50 patients in 11 states had developed superbug infections after using preservative‐free artificial tears. It was a qualified success: The antibiotic-resistant bacteria in five patients were eradicated, while several more patients showed improvements.

Persons: Cynthia Horton’s earaches, “, ”, Dwayne Roach, Eager, Horton, Maroya Walters, ” Walters, Tom Patterson, Steffanie, Paul Turner, “ Iraqibacter, Patterson, Strathdee, Tom, ” Strathdee, Tom Patterson's, Rather, Anthony Maresso, ” Maresso, “ It’s, ” Roach, phages, Elizabeth Villa, Jumbo phages, Robert “ Chip ”, ” Schooley, Juliette Robert, Haytham, REA, CDC’s Walters Organizations: CNN, San Diego State University ., US Centers for Disease Control, Center, Therapeutics, UC San Diego School of Medicine, UC, Diego’s, CDC, Yale University, Yale School of Medicine, UC San, UC San Diego, ”, San Diego, Baylor College of Medicine, Eliava Institute Locations: United States, North America, Pennsylvania, IPATH, Iraq, New Haven , Connecticut, UC San Diego, Turner’s Yale, San, San Diego State, Texas, Houston, Russia, Georgia, Tbilisi , Georgia

☆ Air freight volumes soar as Red Sea delays, risks make more big retailers, auto companies nervous
▼ + stars: | 2024-01-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

HANGZHOU, CHINA - APRIL 6, 2023 - A Cargo plane of Maersk AIR Cargo is seen at Hangzhou Xiaoshan International Airport in Hangzhou, Zhejiang province, China, April 6, 2023. The current spike in use of air freight is primarily in cargo volumes bound for Europe, as more companies avoid the longer Red Sea diversions around Africa's Cape of Good Hope, according to Xeneta, a leading ocean and air freight rate benchmarking platforms. Air freight tends to be "quieter" in the last week of December and the first week of January, according to Niall van de Wouw, chief air freight officer for Xeneta. "If the Rea Sea crisis continues, you'll have more and more companies getting nervous," van de Wouw said. Xeneta data shows that air cargo volumes on the major apparel route from Vietnam to Europe spiked 62% in the week ending January 14 — 6% higher than 2023's peak week in October.

Persons: Maersk, Good Hope, Niall van de Wouw, van de Wouw, Van de Wouw Organizations: Maersk AIR Cargo, Hangzhou Xiaoshan International, Getty Locations: HANGZHOU, CHINA, Maersk, Hangzhou, Zhejiang province, China, Europe, Africa's, Good, Vietnam

NEW YORK (AP) — Two-way star Shohei Ohtani was among seven players who received $20,325,000 qualifying offers from their former teams Monday as the free agent market opened for 168 players. In a sign of the relative weakness of the free agent class, half as many players received qualifying offers as last year. Qualifying offers began after the 2012 season, and 10 of 124 offers have been accepted. The Braves declined options on outfielder Eddie Rosario ($9 million) and right-handers Collin McHugh ($6 million) and Kirby Yates ($5.75 million). Miami declined options on right-handers Johnny Cueto ($10.5 million) and Matt Barnes ($9 million).

Persons: Shohei Ohtani, Cody Bellinger, Josh Hader, Blake Snell, Aaron Nola, Sonny Gray, Matt Chapman, Eduardo Rodriguez, Jordan Montgomery, Snell, Gray, Yoshinobu Yamamoto, Milwaukee's Colin Rea, Charlie Morton, Eddie Rosario, Collin McHugh, Kirby Yates, Rosario, Yates, Mark Canha’s, Blake Holub, Michael Wacha, Johnny Cueto, Matt Barnes, Cueto, Barnes, Alex Cobb, Brooks Raley, Blake Treinen, Javier Báez, Michael Conforto, Ross Stripling, Josh Bell, Drew Smyly, Báez, Conforto, Bell, Stripling, Adam Ottavino, ___ Organizations: Los Angeles Angels, Chicago Cubs, Qualifying, Braves, Milwaukee Brewers, San, Miami, Mets, Los Angeles Dodgers, Tigers, Giants, Cubs, Detroit, Cleveland, Marlins Locations: San Diego, Philadelphia, Minnesota, Toronto, Nola, Atlanta, Detroit, Blake Holub . Milwaukee, San Francisco, Miami

MILWAUKEE (AP) — Colin Rea will remain with the Milwaukee Brewers after the right-handed pitcher agreed to a one-year deal with a club option for 2025. The Brewers announced the deal Thursday, just after Rea had become a free agent. After making just one major league appearance in 2021 and spending last season in Japan, Rea went 6-6 with a 4.55 ERA in 26 games this year. Rea’s 22 starts ranked fourth on the team, and the Brewers went 14-8 in those games while winning their second NL Central title in three years. Before this season, Rea had made just one MLB appearance.

Persons: — Colin Rea, Rea, ___ Organizations: MILWAUKEE, Milwaukee Brewers, The Brewers, Brewers, NL Central, San Diego Padres, Miami Marlins, Chicago Cubs Locations: Japan

Minnesota prevented outfielder Max Kepler and infielder Jorge Polanco from going free, exercising a $10 million option on Kepler and and $10.5 million option on Polanco. Political Cartoons View All 1233 ImagesPlayers may start negotiating with any team at 5 p.m. EST Monday, also the deadline for teams to make qualifying offers. Players may receive a qualifying offer if they spent the entire season with the team and have not previously received a qualifying offer. The Brewers declined a $7.25 million option on left-hander Andrew Chafin and a $2.5 million option on left-hander Justin Wilson. Washington declined a $3.3 million option on outfielder Victor Robles, who would be eligible for arbitration if tendered a contract.

Persons: Ohtani, Cody Bellinger, Jordan Montgomery, Blake Snell, Aaron Nola, Max Muncy, Joe Jiménez, Colin Rea, Sonny Gray, Josh Hader, Matt Chapman, Jorge Soler, J.D, Max Kepler, Jorge Polanco, Joc Pederson, San, Muncy, Jiménez, Rea, Andrew Chafin, Justin Wilson, Victor Robles, ___ Organizations: Texas Rangers, Polanco, Qualifying, Los Angeles Dodgers, Atlanta, Milwaukee, The Brewers Locations: Martinez . Minnesota, San Francisco, Texas, Wilson . Washington

☆ Australia's tight rental market forces tenants to make tough choices
▼ + stars: | 2023-10-29 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

Reuters GraphicsNEARING THE PEAKMany tenants, particularly in the most expensive city Sydney, have already been priced out of houses. PropTrack data showing house rents nationally were unchanged at A$550 per week, or about A$2,380 ($1,508) per month, in the September quarter. Apartment rents nationally jumped 4% during the quarter, double the June quarter rate of increase, to an average of A$520 per week, making them almost as costly. Prices across Australia's entire rental stock rose 7.6% in the third quarter from a year ago, the largest increase since 2009, according to official data, and similar to gains seen in the U.S. where rental costs have also surged. ($1 = 1.5780 Australian dollars)Reporting by Stella Qiu; Editing by Wayne Cole and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Lara Weeks, Weeks, Cameron Kusher, Michele Bullock, Christian Postiglione, Tim Beattie, Beattie, Stella Qiu, Wayne Cole, Jamie Freed Organizations: REA, Reuters Graphics, Reserve Bank of Australia, Nationwide, ANZ, Housing, Thomson Locations: SYDNEY, Sydney, U.S, Bondi, Australia, Western Australia, Adelaide

☆ Starboard says Rupert Murdoch's News Corp should break up
▼ + stars: | 2023-10-17 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

Jeff Smith, CEO and chief investment officer of Starboard Value, L.P., speaks at a panel discussion at the SALT conference in Las Vegas May 14, 2014. Smith's remarks at the 13D Monitor Active Passive Investor Summit came after Reuters revealed last week that Starboard had become a News Corp shareholder, a prelude to a potential shake-up at Murdoch's media empire. "We believe separate news and real estate assets could help unlock $7 billion or more in value," he added. Starboard, which has pushed for changes at companies ranging from Salesforce (CRM.N) to Darden Restaurants <DRI.N,> would struggle to shake up News Corp without Murdoch's consent. If News Corp separates its real estate assets, shareholders would benefit, Smith said.

Persons: Jeff Smith, Rick Wilking, Rupert, Smith's, Smith, REA, Murdoch, Lachlan, Svea Herbst, Bayliss, Sharon Singleton, David Gregorio Our Organizations: SkyBridge, Rupert Murdoch's News Corp, 13D, Investor, Reuters, News Corp, Dow Jones, Street, Darden, Corp, Svea, Thomson Locations: Las Vegas

☆ Starboard CEO makes case for spinning off real estate assets from WSJ owner News Corp
▼ + stars: | 2023-10-17 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

– in particular to see its real estate business separated from the rest of the company. Smith said News Corp. should split out its real estate assets, including an interest in REA Group of Australia. On Tuesday, Smith called out the valuation discrepancies between the news and real estate businesses. Meanwhile, News Corp.'s real estate assets trade at eight-times, he said. "It's a great business, a great asset, it's just too cheap," Smith said of News Corp.'s stock price.

Persons: Jeffrey Smith, CNBC's David Faber, Smith, Murdoch, It's, it's Organizations: News Corp, –, REA Group of Australia . News Corp, Dow Jones, Wall Street, New, CNBC, Reuters, Street, Fox Corp, New York Times Locations: New York

☆ Starboard Value CEO Jeff Smith on stake in News Corp., push for separation of divisions
▼ + stars: | 2023-10-17 | 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 EmailStarboard Value CEO Jeff Smith on stake in News Corp., push for separation of divisionsStarboard Value CEO Jeff Smith joins 'Squawk on the Street' to discuss the Starboard's stake in News Corp., why he believes it makes sense for News Corp. to spin off its Dow Jones news division and its REA real estate division, and more.

Persons: Jeff Smith, REA Organizations: News Corp, Dow Jones

☆ Starboard Value's Jeff Smith unveils his newest ideas, including a push for News Corp spinoff
▼ + stars: | 2023-10-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Starboard Value's Jeff Smith on Tuesday presented his newest investment ideas across different industries. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market.

Persons: Jeff Smith, Smith, Dow Jones, Fortrea, Jeffrey Smith, David Paul Morris Organizations: 13D, News Corp, Dow, Group, Bloomberg, Getty Locations: New York City, Australia

☆ Now is the time to 'think long term' when investing, advisor says. This chart helps explain why
▼ + stars: | 2023-10-09 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

The new war between Israel and Palestinian militant group Hamas has brought more uncertainty to the markets. While stocks shook off the conflict in Monday afternoon trading, financial experts say investors should stay the course amid elevated volatility risks. "Stay calm, think long term and look for some bargains," said David Rea, president of Salem Investment Counselors in Winston-Salem, North Carolina, which is No. If markets do drop, investors focused on retirement and other goals would be wise to hold on, research shows. A $10,000 investment in the S&P 500 would have grown to $64,844 between Jan. 1, 2003, and Dec. 30, 2022 — a 9.8% return, according to research from JPMorgan Asset Management.

Persons: David Rea Organizations: Hamas, Salem Investment, CNBC, Finance, JPMorgan Asset Management, & $ Locations: Israel, Palestinian, Salem, Winston, Salem , North Carolina, Russia, Ukraine

Search resuls for: "Rea"

25 mentions found