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☆ Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more
▼ + stars: | 2024-02-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Uber — Uber's shares jumped 11%, climbing to a new 52-week high, after the ride-hailing company announced an inaugural $7 billion share repurchase authorization program. The higher end of the company's full-year earnings per share guidance, $11.40, was also above estimates of $10.83 per share. On Tuesday, DaVita posted earnings of $1.87 per share, ex-items, on $3.15 billion in revenue. Robinhood Markets — Shares of the trading platform jumped 9% after the company posted a surprise earnings and revenue beat. Robinhood posted earnings of 3 cents per share, while analysts expected a 1 cent per share loss, according to LSEG.

Persons: Uber, Uber's, Lyft, IQVIA, Charles River, DaVita, FactSet, Robinhood, Zillow, LSEG, bitcoin, Energy rocketed, CleanSpark, Topgolf Callaway, Akamai, Kraft Heinz, Airbnb, CNBC's Hakyung Kim, Alex Harring, Jesse Pound, Pia Singh, Michelle Fox Organizations: Uber Technologies, Inc, IQVIA Holdings, Charles River Laboratories, Revenue, Miners, Energy, Marathon, MGM Resorts, Hasbro Locations: New York City, FactSet, LSEG, China, Macau, U.S, Detroit

BAINBRIDGE, Ga. (AP) — Some local residents and an animal-rights group are protesting plans for a monkey-breeding facility in southwest Georgia. Political Cartoons View All 253 ImagesThe Bainbridge facility would provide a domestic source of monkeys to offset imports, the company said. “PETA urges Bainbridge officials to withdraw their support and shut down this project before a shovel hits the dirt," she wrote. The company and local officials said the nonprofit and community's concerns are baseless. Local officials in December agreed to property tax breaks for the project — waiving them for the first 10 years and then gradually decreasing tax breaks until they end after 20 years.

Persons: didn’t, Charles River, we’d, ” Ted Lee, Lisa Jones, Engel, ” Jones, Bainbridge, Rick McCaskill, ” McCaskill Organizations: Council, Medicine, Charles River Laboratories, PETA, Development Authority of, Local Locations: BAINBRIDGE, Ga, Georgia, Bainbridge, Cambodia, Brazoria County , Texas, Houston, U.S, Development Authority of Bainbridge & Decatur County

☆ Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike
▼ + stars: | 2023-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +1 min

Charles River Laboratories InternationalRaymond James likes Ralph LaurenSusquehanna starts coverage on semiconductor designer and recent IPO Arm Holdings (ARM) with a neutral (hold) rating and a $48-per-share price target. BTIG starts recent IPO Instacart DoorDash UberKiss of Death: JPMorgan upgraded global energy stocks overweight (buy). SUPERCYCLE ALERT (remember I hate supercycle calls): Dear generalists, put your seatbelts on. Higher for longer energy prices. Deutsche Bank cuts price target on T-Mobile

Persons: Baird, Jim Cramer's, River Laboratories International Raymond James, Ralph Lauren Susquehanna, DoorDash Organizations: CNBC, Amazon, Garden, LongHorn, Darden, Dow, Nike Exxon Mobil FedEx Citi, Dell, River Laboratories International, Arm Holdings, JPMorgan, Deutsche Bank, Mobile

☆ Charles River says NHP supply snarls to no longer persist near-term
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

Aug 9 (Reuters) - Charles River Laboratories International (CRL.N) beat Wall Street estimates for second-quarter results on Wednesday, as the strong demand for contract researcher's tools and services cushioned the impact of suspended non-human primates' (NHP) shipment. The statement comes after Charles River in February suspended the shipment of NHPs from Cambodia as the Department of Justice and U.S. Fish and Wildlife Service investigated the company over smuggling of wild long-tailed macaques to the United States. The Massachusetts-based company tightened its full-year profit forecast to the range of $10.30 to $10.90 per share, compared with $9.90 to $10.90 previously expected. Excluding items, the company earned $2.69 per share in the quarter ended July 1, beating analysts' average estimate of $2.64 per share.

Persons: Charles River, Charles River's, Vaibhav Sadhamta, Shweta Agarwal Organizations: River Laboratories, Department of Justice, Fish, Wildlife Service, Thomson Locations: United States, NHPs, Cambodia, The Massachusetts

Nearly 80% of the S & P 500 companies that have reported their second-quarter results have reported an earnings beat, according to FactSet. Retail and restaurant companies will begin to announce their earnings this week, including Ralph Lauren and Wendys. Given this backdrop, CNBC Pro searched for S & P 500 companies reporting this week which analysts forecast having earnings momentum. Analysts are forecasting earnings per share to come in at $2.64, according to FactSet. More than 81% of analysts covering the stock rate it a buy or strong buy, according to Refinitiv.

Persons: Ralph Lauren, Wendys, Refinitiv, WYNN Organizations: Media, Paramount Global, Fox, Fox , New York Times, News Corp, Disney, CNBC Pro, Charles River Laboratories, Wynn Resorts, Energy Locations: Fox ,, Insulet

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

☆ Regional bank stocks could be a market afterthought in the week ahead
▼ + stars: | 2023-05-05 | by ( Scott Schnipper | ) www.cnbc.com time to read: +7 min

For the immediate economic and earnings and growth outlook, it almost seems irrelevant whether regional bank stocks rally, steady or sell off more next week. Regional banks were top of mind for investors this past week, as First Republic failed , the SPDR S & P Regional Banking ETF tumbled more than 10% — twice the five-day loss in the S & P 500 Energy Index, the hardest hit S & P sector — and lenders such as PacWest Bancorp and Western Alliance Bancorp lost billions in market value. And, for all that, the S & P 500 only fell about 0.75% this week. Now the conventional wisdom on Wall Street is that regardless of how the regional bank stocks trade, it's a given that bank lending officers are going to pull in their horns and risk management desks will grow more risk averse. But stocks still face a host of issues, none of which are going away next week.

☆ Charles Rivers recommends against PETA's proposal for transparency on lab monkeys
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

March 31 (Reuters) - The board of Charles River Laboratories (CRL.N) has unanimously recommended against a shareholder proposal requiring transparency on its import practices of lab monkeys, according to a regulatory filing by the U.S. contract research organization firm. PETA's proposal also demands information on whether the monkeys are caught in the wild or bred in captivity. Charles River shareholders will vote on PETA and other proposals from the board at the company's annual meeting on May 9. According to government estimates, 95% of the 92,430 monkeys brought into the U.S. between 2019 and 2021 were long-tailed macaques. While Charles River's board recommended against PETA's proposal, it said the company will include information on how its "imports are purpose-bred in accordance with applicable laws" in its 2024 annual report, the filing on Thursday showed.

☆ First-Time CFOs Get a Crash Course in Managing Inflation, Volatile Markets
▼ + stars: | 2023-02-23 | by ( Kristin Broughton | Anna Mutoh | ) www.wsj.com time to read: +11 min

Critical decisions made as CFO: Mr. Jepsen allowed the company to incur higher costs to expedite shipping for parts to factories and deliveries to customers. Enphase faced pressure last year from higher costs and the effects of a strong U.S. dollar. Ken Jacobson, CFO of Avnet Photo: AVNET INC.Ken Jacobson, Avnet Inc.Age: 45Career path: Mr. Jacobson, who had previously served as interim CFO from 2017 to 2018, stepped in officially as CFO in September. Mr. Jacobson says Avnet’s interest expenses on its debt have almost tripled over the past year. While there was some attrition in the beginning, it hasn’t been as bad as other companies, Mr. Jacobson said.

☆ Stocks making the biggest moves midday: Palo Alto Networks, Coinbase, Dick's Sporting Goods, Amazon and more
▼ + stars: | 2023-02-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Coinbase — Shares of the cryptocurrency exchange fell 5% even after Coinbase reported a smaller-than-expected loss for the fourth quarter. Palo Alto Networks — The software company's stock gained more than 11% after its fiscal second-quarter earnings and revenue beat analysts' estimates. Wingstop — Wingstop shares jumped 8% after topping analysts' estimates for the recent quarter, according to FactSet. Baidu — U.S.-listed shares of the Chinese tech company fell more than 3%, despite Baidu topping revenue estimates for the recent quarter. Wix.com — Shares of the website developer company surged nearly 14% after beating analysts' estimates for the fourth quarter, according to FactSet.

☆ Cramer's lightning round: I want to own Sherwin-Williams
▼ + stars: | 2023-02-01 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

Loading chart...Loading chart...Upstart Holdings Inc : "Right now, this is a coiled spring, even though it's not doing well. I've got to tell you, that stock is going higher." Loading chart...Charles River Laboratories International Inc : "This stock is undervalued. Loading chart...SoFi Technologies Inc : "It was a good quarter, and it's going higher." Disclaimer: Cramer's Charitable Trust owns shares of Wells Fargo.

☆ This week's best performers include a health care stock analysts expect will go up 35%
▼ + stars: | 2022-09-30 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

However, analysts see little upside from current levels, with the average analyst price target implying a gain of only 1.4%. Analysts in general are bullish on the stock, with the average price target implying upside of 35.7%. Analysts expect the stock to go up 34%, though only a third of analysts rate it a buy, FactSet data shows. Marathon has buy ratings from 75% of analysts covering them, with the average price target implying upside of about 24%. About 61% of analysts rate the stock a buy, but the average price target implies upside of just 5.1%.

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