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☆ Jim Cramer shares his thoughts on 3M, AT&T, Devon Energy, Deckers Outdoor, On Holding and J.B. Hunt
▼ + stars: | 2024-04-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

"A lot of people like the actual new 3M," Jim Cramer said, while referring to the company's years of litigation fights. "This is CrowdStrike and Palo Alto. Buy some Palo Alto on this. The CNBC Investing Club owns shares of Palo Alto Networks. The Club owns Coterra.

Persons: Jim Cramer's, Jim Cramer, Cramer, I'm, they've, J.B, Robinson Organizations: CNBC, Club, Palo Alto, CNBC Investing Club, Palo Alto Networks, Devon Energy, Wells, The, Skechers, Barclays, Hunt Transport Services, C.H, Werner Enterprises Locations: Palo, Alto, Devon, Skechers USA, Norfolk Southern

☆ Move over Nike — Jim Cramer says Deckers and 3 others companies are 'taking share'
▼ + stars: | 2024-04-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Monday highlighted a group of shoe companies challenging Nike 's position in the market, following positive Wall Street research that pointed to multiple catalysts to propel the brands forward. Cramer discussed Hoka with Deckers then-CEO on "Mad Money" in 2014 , only a few years after Deckers acquired the brand . Still, the day after Nike issued its guidance, Cramer suggested Nike was not a king "anymore." 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 .

Persons: CNBC's Jim Cramer, Cramer, Roger Federer, Hoka, Nike's, Jim Cramer's, Nike, Jim Cramer, Jim Organizations: Nike, Barclays, Skechers, Jim Cramer's Charitable Trust, CNBC Locations: Skechers USA, Switzerland, U.S, China

Sky-high food inflation after erratic monsoon rains damaged crops and disrupted supply chains. Food inflation for July hit a staggering 11.5%, far more than 4.6% in June and marking a three-year high. Even when customers do purchase fashion items, they buy far fewer than they once would have, some of the managers also said. The downturn in fashion spending has also been accompanied by a slide in spending at restaurant chains like Domino's. In some encouraging signs, tomato prices have eased off peaks and India's central bank chief last week said vegetable prices, which have begun to soften, will decline from September.

Persons: Zink London, Skechers, Kaushik Das, Madan Sabnavis, Anjali Mohanty, Tanvi Mehta, Riddhima, Dhwani Pandya, Jatindra, Saurabh Sharma, Aditya Kalra, Edwina Gibbs Organizations: NEW, Euromonitor, Reuters, Skechers USA, Deutsche Bank, Retail, Bank of Baroda, Dhwani, Thomson Locations: NEW DELHI, MUMBAI, New Delhi, Zink London, Mumbai, Bhubaneswar, Chennai, Lucknow

CompaniesCompanies Related documents Hermes International SCA FollowSkechers USA Inc FollowApril 26 (Reuters) - French luxury fashion house Hermès International SCA (HRMS.PA) has settled a lawsuit brought by Skechers USA Inc (SKX.N) that claimed Hermès sneakers infringed Skechers' patent rights, according to a Wednesday filing in Manhattan federal court. Representatives for the companies did not immediately respond to requests for comment and additional details. Manhattan Beach, California-based Skechers sued Hermès last year, alleging its Eclair and Envol sneakers infringe two Skechers design patents covering the undulating "Massage Fit" soles in its "Go Walk" walking shoes. Skechers said the soles of Hermès' shoes were "substantially the same" as its soles and requested an unspecified amount of money damages. Skechers has also sued Fila, Reebok, Steve Madden and other shoemakers in the past for infringing "Go Walk" design patents, in cases that later settled.

☆ CFOs Detail Plans to Manage Inflation, Shifts in Consumer Demand
▼ + stars: | 2022-10-28 | by ( Kristin Broughton | ) www.wsj.com time to read: +7 min

Ian Borden, McDonald’s CFO Photo: McDonald'sThere are really a couple of drivers for this year that resulted in that adjusted outlook. I think what I would say, coming into the role, is certainly it’s an area that I’m going to be focused on. But so far, we’ve seen [a] continued strong impact on our recommendations products from advancing developments in our AI work. We do expect that to be considerably higher than what we’ve seen in the past, reflecting the inflation that we’re dealing with across the business. When we talk about the impact of inflation, it is not just a domestic impact, it’s international as well.

☆ Skechers says escorted Ye out of LA office after rapper arrived 'unannounced'
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

Oct 26 (Reuters) - Skechers USA Inc (SKX.N) said on Wednesday its executives escorted Ye, formerly known as Kanye West, out of a Los Angeles corporate office, after the rapper and fashion designer "showed up unannounced and uninvited". Skechers' comments come a day after sportswear brand Adidas AG (ADSGn.DE) ended its partnership with West, following a series of antisemitic comments from the celebrity. "We condemn his recent divisive remarks and do not tolerate antisemitism or any other form of hate speech," Skechers said. Apparel company Gap Inc (GPS.N), which terminated its tie-up with West in September, is also taking immediate steps to remove Yeezy Gap products from its stores and shut down YeezyGap.com. Shares of California-based Skechers were up nearly 1% in extended trading, after closing down nearly 10% on Wednesday.

☆ Skechers Says Kanye West Escorted From Office After Showing Up Uninvited
▼ + stars: | 2022-10-26 | by ( Denny Jacob | ) www.wsj.com time to read: 1 min

Skechers says it condemns Ye’s recent divisive remarks and doesn’t tolerate anti-Semitism or any other form of hate speech. Skechers USA said Kanye West , the rapper and fashion-brand owner who goes by Ye, was escorted from one of its California corporate offices after visiting unannounced and engaging in unauthorized filming there. The footwear maker said Wednesday that two company executives escorted Ye and his party from the building in Los Angeles after a brief conversation. The company didn’t elaborate further on the nature of the conversation.

☆ Cramer's lightning round: Coinbase is not a buy
▼ + stars: | 2022-09-20 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

I think it's a great spec, and I usually don't say that." Loading chart...Coinbase Global Inc: "I'm going to have to say no." That's something I like to say when I don't like them." Loading chart...Skechers USA Inc: "The stock is what I call erratic and has been for quite some time." Loading chart...Cricut Inc: "I think it's still too high on a price-to-earnings basis.

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