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☆ Stocks making the biggest moves before the open: Apple, Oracle, Boot Barn, Mission Produce and more
▼ + stars: | 2024-09-10 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Mission Produce — The avocado producer surged 21.6% after reporting revenue for the fiscal third quarter jumped 24% from a year ago. The company reported sales of $324 million, compared with $261.4 million in the same three-month period one year before. Boot Barn — Shares rose 6% after the Western-style retailer provided an update on its recent performance ahead of a Piper Sandler Growth Frontiers Conference presentation. Boot Barn announced preliminary consolidated same-store sales growth of 4% in its fiscal second quarter. Johnson Controls International — Shares rose nearly 2% after JPMorgan upgraded the stock to buy from neutral.

Persons: Piper Sandler, LSEG . Patterson, Alibaba, Morgan Stanley, Wells Fargo, —, Samantha Subin, Sean Conlon, Lisa Kailai Han, Jesse Pound, Yun Li, Scott Schnipper Organizations: Growers, Oracle, LSEG, Apple, Hewlett Packard Enterprise, Juniper Networks, Revenue, UTI Energy, Hong, Reuters, Johnson, JPMorgan, Anheuser, Busch Inbev SA, Equity Locations: California, U.S, Alibaba —, China, Hong Kong, Shanghai, Shenzhen, Wells

☆ Stocks making the biggest moves midday: Ally Financial, Southwest Airlines, Oracle and more
▼ + stars: | 2024-09-10 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Mission Produce , Calavo Growers — Shares gained 20% after the avocado producer reported a year-over-year revenue increase of 24% for the fiscal third quarter. Calavo Growers advanced around 12% after the rival producer reported adjusted earnings of 57 cents per share in its fiscal third quarter. That is more than the 43 cents per share that analysts were expecting, according to FactSet. Oracle — Shares of the database software company surged more than 11% after a fiscal first-quarter beat on the top and bottom lines. For the fiscal second quarter, the company saw growth of 4% in preliminary consolidated same-store sales.

Persons: Russell Hutchinson, LSEG, Piper Sandler, Hewlett Packard, Rubrik, FactSet, Patterson, Gary Kelly, Bob Jordan, Alibaba, Daniel Pinto, — CNBC's Brian Evans, Samantha Subin, Lisa Kailai Han, Jesse Pound, Michelle Fox Organizations: Ally, Mission, Calavo, Calavo Growers, Oracle —, Oracle, Amazon Web Services, Hewlett Packard Enterprise, Hewlett, Juniper Networks, UTI, Southwest Airlines —, Elliott Investment Management, Hong, Reuters, JPMorgan Locations: U.S, Alibaba —, China, Hong Kong, Shanghai, Shenzhen

☆ Investors are rotating into small caps, and analysts love these dividend-paying names
▼ + stars: | 2024-07-24 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

These names must offer a dividend yield of at least 3%. The oil and gas company is rated buy or overweight by 83.4% of the analysts covering it, and offers a dividend yield of 4.2%. The stock is up close to 18% this year, and offers a 3% dividend yield. Nearly 74% of analysts rate Patterson-UTI buy or overweight, and consensus price targets suggest 43% upside. Shares are off nearly 8% in 2024, and the stock has a dividend yield of 3.2%.

Persons: Russell, Roth MKM, Piper Sandler, Luke Lemoine, Patterson, Stephen Gengaro, —, Fred Imbert Organizations: Investors, Big Tech, Nvidia, Meta, Nasdaq, Federal, CNBC, New York Stock Exchange, Wall, Oil, Gas, Northern Oil's, SM Energy, Xcel, Northern Oil, Energy Solutions, Street, Atlas Energy, UTI Energy Locations: Uinta, Xcel Resources

☆ 'Survivor' contestants share 17 facts about being on the show that would surprise even the biggest fans
▼ + stars: | 2024-02-29 | by ( Meghan Cook | ) www.businessinsider.com time to read: +16 min

Eight "Survivor" competitors spoke with Business Insider about their time on the show and shared behind-the-scenes secrets that might surprise even the series's biggest fans. The production team has a set of 'identical' replacement clothesLauren-Ashley Beck and Karishma Patel on "Survivor: Island of the Idols." Beck added that she sometimes said things out loud before remembering that they could be aired on national television. Contestants aren't allowed to directly address the camera crewKellee Kim and Lauren-Ashley Beck on "Survivor: Island of the Idols." But Beck added that after spending weeks with the crew, it's hard to not notice certain things about them.

Persons: —, Lauren, Ashley Beck, Beck, Davie Rickenbacker, Rickenbacker, Elaine Stott, Stott, We're, we're, Patel, Karishma Patel, Janet Carbin, aren't, Carbin, castmates, Malcolm Freberg, Carbin's, Kellee Kim, they're, Tyson Apostol, Dean Kowalski, Tom Laidlaw, Chelsea Walker, Robert Voets, Jeff, doesn't, Andrea Boehlke, Boehlke, David, — Nick Wilson, Nick, Goliath, Dan Rengering, I've, she's Organizations: Service, CBS, Business, Getty, YouTube Locations: Philippines, Guatemala, Nicaragua, Cambodia, Fiji, Tribal, Ponderosa

☆ Mark Cuban didn't want to invest in this $2.5 million 'Shark Tank' company—here's what changed his mind
▼ + stars: | 2024-02-05 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Mark Cuban didn't want to invest in Genius Litter — until a bidding war between his "Shark Tank" co-stars annoyed him into changing his mind. If it's a high pH or a low pH, it will tell you if there's a potential health issue," said van Meer. That allowed him to put $1 million of his own cash, plus another $1 million already raised from other investors, into launching Genius Litter. "I want to build and scale this business and then sell it [strategically]," said van Meer. van Meer asked, countering with 10% split evenly among the three investors.

Persons: Mark Cuban, Ramon van Meer, van Meer, Van Meer, Robert Hervajec, Emma Grede, Herjavec, Lori Greiner, Kevin O'Leary, Lori, O'Leary, Van Meer wasn't, Greiner Organizations: ABC Locations: Austin , Texas

☆ These 4 stocks report quarterly results next week. Here's what we hope to see
▼ + stars: | 2023-11-04 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho

☆ Goldman says sell-off is a buying opportunity for these stocks with healthy balance sheets
▼ + stars: | 2023-10-30 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The recent sharp drawdown in stocks presents a buying opportunity for those stocks that are positioned to withstand a double whammy of higher interest rates and an economic slowdown, according to Goldman Sachs. "Although we expect headwinds to discount rates and balance sheets to persist, we would view a substantial further downgrade to the growth outlook as a buying opportunity," David Kostin, Goldman's chief U.S. equity strategist, said in a note to clients. Therefore, Goldman believes many cyclical stocks, or those with a high sensitivity to the economy, shouldn't suffer. "We therefore remain wary of long-duration and highly levered stocks but think investors should treat cyclical sell-offs as a buying opportunity," Kostin said. Energy stocks Devon Energy and Patterson-UTI Energy also made the list.

Persons: Goldman Sachs, David Kostin, Goldman, Kostin Organizations: Academy Sports, PVH Corp, Holdings . Energy, Devon Energy, Patterson, UTI Energy

☆ Here are Monday's biggest analyst calls: Tesla, Arm, Meta, Amazon, Apple, Netflix, Disney, Oracle & more
▼ + stars: | 2023-10-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Goldman Sachs reiterates Netflix as neutral Goldman said it's standing by its neutral rating heading into earnings next week. Barclays reiterates Disney as equal weight Barclays said it's cautious on Disney heading into earnings in early November. JPMorgan reiterates Apple as overweight JPMorgan said its Apple survey checks show product delivery times are moderating. Bank of America initiates Motorola Solutions as buy Bank of America said Motorola is "well-positioned with multiple tailwinds supporting growth." Bank of America downgrades Datadog to neutral from buy Bank of America said it's concerned about slowing demand for the software company.

Persons: Wells, JPMorgan, Domino's, Goldman Sachs, Goldman, it's, Baird, Tesla, TSLA, Jefferies, Redburn, Evercore, Lennox, Piper Sandler, Piper Organizations: Meta, JPMorgan, Arm Holdings, Bank of America, Netflix, Barclays, Disney, ESPN, Apple, Holdings, " Bank of America, Motorola Solutions, Motorola, American, Spotify, Oracle, Citi, Patterson, UTI Energy Locations: Datadog, SASE, CY26

☆ Do not use certain pregnancy, ovulation, UTI tests, FDA warns
▼ + stars: | 2023-08-12 | by ( Katherine Dillinger | ) edition.cnn.com time to read: +1 min

CNN —Consumers shouldn’t use certain tests manufactured by Universal Meditech Inc., the US Food and Drug Administration warned Friday, including those that test for pregnancy, ovulation and urinary tract infections. “UMI has notified the FDA that it has stopped all operations and is no longer providing support for its tests,” the agency said. “The FDA is not able to confirm the performance of UMI’s tests, raising concerns that the tests may not be safe and effective.”The California-based company has recalled undistributed tests but not those that have already been distributed to consumers. Consumers are advised not to purchase or use the following Universal Meditech tests but rather to throw them away:One Step Pregnancy TestDiagnosUS One Step Ovulation TestHealthyWiser UriTest 10 Parameter Reagent Test Strips for UrinalysisHealthyWiser UriTest UTI Test StripsHealthyWiser KetoFast Ketone Test StripsHealthyWiser pH-Aware pH Test StripsTo Life hCG Pregnancy Urine TestAm I Pregnant Pregnancy Midstream TestDeTec hCG Pregnancy Urine TestPrestiBio Pregnancy StripsPrestiBio Rapid Detection Pregnancy Test MidstreamPrestiBio Ovulation StripsPrestiBio Urinalysis Test Strip 10 ParametersPrestiBio Ketone Test StripsPrestiBio Breast Milk Alcohol Test StripsThe tests may have been distributed under brand names such as AC&C, HealthyWiser, Home Health US and Prestige Biotech. Consumers may report problems with devices or tests to the FDA through its MedWatch program.

Persons: UMI Organizations: CNN, Universal Meditech Inc, US Food and Drug Administration, FDA, Universal, Home Health, Prestige Biotech Locations: The California

HOUSTON, July 27 (Reuters) - Oilfield service providers on Thursday signaled a recovery in rig count, an indicator of future production, later this year, citing an uptick in oil and gas prices. However, with U.S. crude prices climbing back to $80 per barrel, service companies are betting on a recovery in demand. Lindsay said he expects rig count activity to hit a bottom in the quarter ending September, and a recovery in the following quarter. Rival Patterson-UTI Energy (PTEN.O) also forecast a rise in rig count and fracking activity later this and next. "We believe the industry rig count is near a bottom," said Andy Hendricks, CEO of Patterson-UTI Energy, adding that the company expects additional rig releases in the next few weeks before drilling activity recovers later in the year.

Persons: John Lindsay, Lindsay, Payne, Patterson, Andy Hendricks, Hendricks, Arathy Somasekhar, Jonathan Oatis, Matthew Lewis Organizations: UTI Energy, Thomson Locations: U.S, Houston

☆ Patterson-UTI, NexTier Oilfield Strike Merger Deal
▼ + stars: | 2023-06-15 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/patterson-uti-nextier-oilfield-strike-merger-deal-f4299f6f

Persons: Dow Jones, patterson

☆ Oil servicers sweeten the pill
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, June 15 (Reuters Breakingviews) - The approach of peak oil demand is bad for oil producers, but it’s worse for companies that help dig and service new wells. A $5 billion merger between Patterson-UTI Energy (PTEN.O) and NexTier Oilfield Solutions (NEX.N), two small oil field services firms, offers a way out. Big oil producers are already focusing on returning cash to investors as they face up to the inevitable. The International Energy Agency said on Wednesday that global demand growth is set to nearly halt by 2028, as the use of oil in transport falls from 2026. That trend is one reason Patterson-UTI and NexTier have both delivered negative total shareholder returns since 2018.

Persons: Patterson, Robert Cyran, John Foley, Streisand Neto Organizations: YORK, Reuters, Patterson, UTI Energy, International Energy Agency, Twitter, Thomson Locations: India

☆ Stocks making the biggest moves midday: Cava, Domino's Pizza, Kroger, Lennar and more
▼ + stars: | 2023-06-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The Wall Street firm said it believes there will be "significant improvement" in the company's return on invested capital over the next two to three years. Domino's Pizza — The pizza chain gained 6.46% after Stifel upgraded the stock to buy from hold. The Wall Street firm said investors should buy the weakness in Target shares, which are down 15% over the past month. The Wall Street firm said it was bullish long term, but believes the stock price has been seeing appreciation much stronger than experienced in the broader market. The Wall Street firm also boosted its price target to $40 from $36, suggesting upside of more than 20% from Wednesday's close.

Persons: Kroger —, Kroger, Rodney McMullen, Bernstein, Lennar, Oppenheimer, Corning, John Wiley, Mizuho, Patterson, Morgan Stanley, Yun Li, Alex Harring, Jesse Pound, Sarah Min Organizations: New York Stock Exchange, Cava Group, Deutsche Bank, Stifel, —, Technologies, Corning —, Citi, Corning, Management, UTI Energy, Patterson Locations: Wednesday's

☆ Factbox: Jefferies sees AI fuelling next wave of innovation in oil and gas sector
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +2 min

June 9 (Reuters) - With AI rapidly becoming a buzzword across industries, oil and gas companies are exploring ways to use this technology to fuel innovation in the energy sector. Here are 10 predictions for future applications of AI in energy, according to brokerage Jefferies. In 2022, oil-field services firm Patterson-UTI (PTEN.O) CEO William A. Hendricks Jr said AI may allow one person to manage 4 rigs instead of one person per rig. MAXIMIZING RECOVERY RATESAI could help enhance oil recovery at brownfield sites, subject to declining production and higher operating costs. Italian oilfield services firm Saipem (SPMI.MI) is developing an AI tool to maximize well quality.

Persons: Jefferies, Patterson, William A, Hendricks Jr, Arshreet Singh Organizations: Shell, Akselos, Resources, Chevron, Thomson Locations: Swiss

☆ India stock markets have been volatile. Analysts say these sectors are worth watching
▼ + stars: | 2023-02-15 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +4 min

In particular, some are bullish about the construction sector and say an infrastructure push could benefit cement stocks. Investors can consider playing the country's infrastructure sector through domestic cement names, Garre said. Cement: UltraTech, AmbujaBernstein likes UltraTech Cement — a company Garre said has the capacity to keep up with the growing number of real estate projects coming up in India. Shares of UltraTech Cement was trading at about 7,123.05 on Wednesday, lower by 0.21%. Engineering: ABB India, Siemens India and moreEngineering companies that focus on infrastructure and construction are also good buys, IIFL Securities said.

☆ Factbox: Bumper profits fuel surge in dividends, buybacks at oil firms
▼ + stars: | 2023-02-03 | by ( ) www.reuters.com time to read: +4 min

Feb 3 (Reuters) - Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The top 25 North American oil and gas companies by market capital posted a combined profit of $70.04 billion for the quarter ended Sept. 30, 186.3% higher than a year earlier, according to Refinitiv data. However, the record profits have renewed calls for a windfall tax, especially as sky-rocketing prices have fueled inflation around the globe. Below are some of the companies that have announced higher dividends and repurchases in recent weeks:Valero Energy Corp (VLO.N)Dividend: Increased quarterly dividend by 4.1% to $1.02 per shareNet Income in latest quarter: More than tripled to $3.11 billionExxon Mobil Corp (XOM.N)Dividend: Q4 per-share dividend of 91 cents, up 3 centsNet Income in latest quarter: Jumped 43.7% to $12.75 billionChevron Corp (CVX.N)Dividend: Raised quarterly dividend by 9 cents to $1.51 per shareShare buyback: Approves a $75 billion buyback programNet Income in latest quarter: Jumped 25.6% to $6.35 billionConocoPhillips (COP.N)Dividend: Declares variable dividend of 60 cents per shareShare buyback: Raised existing share repurchase authorization by $20 billionNet Income in latest quarter: Rose 23% to $3.2 billionCHESAPEAKE ENERGY CORP (CHK.O)Dividend: Increased total quarterly dividend to $3.16/shr from $2.32/shrNet Income in latest quarter: Stood at $883 mln, compared with $345 mln year-ago lossBAKER HUGHES CO (BKR.O)Dividend: Increased quarterly dividend by 5.5% to 19 cents per shareShare buyback: Authorized an additional $2 blnNet Income in latest quarter: Fell 38.1% to $182 millionSLB (formerly Schlumberger) (SLB.N)Dividend: Increased quarterly cash dividend 43% to $0.25 per shareShare buyback: Resumed share repurchase programNet Income in latest quarter: Rose 77.2% to $1.07 billionMarathon Petroleum Corp (MPC.N)Share buyback: Approved an additional $5 billion in stock repurchasesNet Income in latest quarter: Rose 329.1% to $3.32 billionPhillips 66 (PSX.N)Share buyback: Plans to return up to $12 bln more to shareholders by end-2024 through dividends and buybacksNet Income in latest quarter: Jumped 1241% to $5.4 billionMarathon Oil Corp (MRO.N)Dividend: Expects to raise base dividend by an additional 11% after closing the purchase of EnsignNet Income in latest quarter: Climbed 344% to $817 millionEOG Resources Inc (EOG.N)Dividend: Raised regular dividend by 10%, $1.50/shr special dividendNet Income in latest quarter: Rose 160.6% to $2.85 billionAPA Corp (APA.O)Dividend: Doubled quarterly dividend to an annualized rate of $1.00/shrNet Income in latest quarter: Stood at $422 million, compared with a loss of $113 millionCOTERRA ENERGY INC (CTRA.N)Dividend: Increased dividend by 3 cents to 68 cents/shrNet Income in latest quarter: Surged 1768.75% to $1.2 billionPATTERSON-UTI (PTEN.O)Dividend: Doubled quarterly cash dividend to 8 cents/shrShare buyback: Increased share repurchase authorization to $300 millionNet Income in latest quarter: Rose 181% to $61.5 millionTEXAS PACIFIC LAND CORP (TPL.N)Share buyback: Approved purchase of up to $250 mln worth of sharesNet Income in latest quarter: Rose 55% to $129.8 mlnCANADIAN NATURAL RESOURCES LTD (CNQ.TO)Dividend: Raised quarterly dividend by 13% to 85 Canadian cents/shrNet Income in latest quarter: Rose 27.7% to C$2.81 blnCenovus Energy Inc (CVE.TO)Dividend: Announced a variable dividend of C$0.114Share buyback: Plans to renew repurchase programNet Income in latest quarter: Climbed 192% to C$1.61 blnIMPERIAL OIL (IMO.TO)Dividend: Raised quarterly dividend by 29% to 44 Canadian cents/shrShare buyback: Announced a C$1.5 bln substantial issuer bid to buy back sharesNet Income in latest quarter: Rose 123.6% to C$2.03 blnTOURMALINE OIL CORP (TOU.TO)Dividend: Announced a special dividend of C$2.25/shr; raised quarterly dividend by 11% to 25 Canadian cents/shrNet Income in latest quarter: Rose 481% to C$2.09 blnReporting by Sourasis Bose, Ankit Kumar and Arunima Kumar in Bengaluru; Editing by Sriraj Kalluvila and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ The 50 fashion, beauty, and lifestyle companies set to take off and become the next great direct-to-consumer brands, according to The Lead
▼ + stars: | 2023-01-30 | by ( Danni Santana | ) www.businessinsider.com time to read: +9 min

HydrowWhat it is: indoor rowing machineTotal capital raised: $255 million22. ipsaWhat it is: fine frozen dinners made to be heated on stove tops or in ovensTotal capital raised: Undisclosed23. MadhappyWhat it is: fashion and lifestyle brand focused on creating conversation around mental healthTotal capital raised: $1.8 million28. MugsyWhat it is: online retailer best known for its jeansTotal capital raised: None32 .Oliver CabellWhat it is: luxury footwear minus the markupsTotal capital raised: None33. The Normal BrandWhat it is: lifestyle brand that sells rugged clothing for men and women inspired by the MidwestTotal capital raised: None46. Win Brands GroupWhat it is: holding company with brands selling outerwear, home goods, and candlesTotal capital raised: $90 million50.

☆ We expect India's inflation to average 5%-5.5% this year, says financial services firm
▼ + stars: | 2023-01-13 | 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 EmailWe expect India's inflation to average 5%-5.5% this year, says financial services firmPraveen Jagwani of UTI International says India's inflation is, by and large, trending downward.

Indian companies raised around 5.38 trillion rupees ($64.95 billion) through private placements in 2022, largely aided by the banking system's massive cash surplus, data showed. Public issues were only to the tune of around 80 billion rupees. Indian companies raised 127.1 billion rupees and 175.3 billion rupees through public issues in 2020 and 2021 respectively, SEBI data showed. Fundraising through private placement stood at 8 trillion rupees and 6.31 trillion rupees respectively. "I think public issues are rising because the repricing of bank fixed deposits was very gradual, while public issues are realigning to market realities much faster," said Sudhir Agrawal, executive vice president and fixed income fund manager at UTI Mutual Fund.

☆ Stocks are headed for their worst year since 2008, but some names doubled or more in 2022
▼ + stars: | 2022-12-29 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Stocks may be careening toward their worst year since 2008, but some names are completing a remarkable run after doubling or more in 2022. In 2022, the Dow Jones Industrial Average has lost 8.4%, while the S & P 500 shed 19.2%. These stocks are up more than 100% this year, and include tankers for petroleum products, energy companies such as coal firms, and biotech and pharmaceutical names, according to CNBC. Ardmore Shipping and Scorpio Tankers were the top tanker stocks, both up about 316% for the year. Energy companies came out on top in 2022 following a surge in oil and gas prices — which market participants say will remain elevated given expectations of tight supply ahead.

☆ Here are Friday's biggest analyst calls: Apple, Tesla, McDonald's, Netflix, Carvana, Microsoft & more
▼ + stars: | 2022-12-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Cowen names Costco a top 2023 pick Cowen said Costco is well positioned in a deteriorating macro environment. " Cowen names Caterpillar a top 2023 pick Cowen said the company is well positioned heading into 2023. Cowen names Netflix a top 2023 pick Cowen said it sees free-cash flow ramping up for Netflix in 2023. Morgan Stanley reiterates Apple as overweight Morgan Stanley said investors should take advantage of any weakness and buy the dip in shares of Apple . Morgan Stanley reiterates Lululemon as overweight Morgan Stanley said the company's fundamentals remain strong after its earnings report on Thursday. "

☆ New Antibiotic for Urinary-Tract Infections Found Effective in Trials
▼ + stars: | 2022-11-03 | by ( Denise Roland | ) www.wsj.com time to read: 1 min

GSK said the new drug, called gepotidacin, was effective in two large clinical trials spanning around 3,000 patients. GSK PLC said its experimental treatment for uncomplicated urinary-tract infections was effective in two large clinical trials, paving the way for what could be the first new oral antibiotic for the common ailment in more than two decades. Around half of all women have suffered a urinary-tract infection, or UTI, at least once, and recurrence is common, according to studies. UTIs are typically treated with antibiotics, but some bacteria have developed resistance to existing drugs, creating a need for new treatment options.

☆ We're closer to getting the first new pill to treat UTIs in over 20 years
▼ + stars: | 2022-11-03 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +4 min

It would be the first new pill to treat uncomplicated UTIs in 20 years, GSK said. The drug, called gepotidacin, could become the first new oral antibiotic for uncomplicated UTIs in more than two decades, according to the company. GSK's drug was tested in uncomplicated UTIs, which are restricted to the the bladder and urethra and are generally less serious than complicated UTIs. On Thursday, GSK said two studies enrolled over 3,000 patients with uncomplicated UTIs. GSK, on the other hand, paid $66 million in September to license another antibiotic program being tested to treat complicated UTIs.

☆ Morgan Stanley gives its favorite buy and sell picks into earnings reports
▼ + stars: | 2022-10-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

A highly anticipated corporate earnings season has just kicked off, and Morgan Stanley has highlighted which stocks to buy — or avoid. Given this backdrop, Morgan Stanley analysts looked for stocks that could experience big swings based on near-term catalysts, some positive and others negative. Morgan Stanley sees upside for Arcutis Biotherapeutics if the biotech company's two phase-two studies for its drug Zoryve are successful. "We would expect significant investor focus on these data sets, and our statistical analysis suggests a high probability-of-success (POS) for both trials," wrote Morgan Stanley analyst Vikram Purohit. Meanwhile, Logitech is one of the stocks Morgan Stanley expects to decline due to negative earnings.

☆ Dumitru Braghiș a fost desemnat de Guvern în calitate de ambasador în Republica Socialistă Vietnam
▼ + stars: | 2021-05-26 | by ( Milena Onisim | ) www.zdg.md time to read: +1 min

Ambasadorul R. Moldova în China, Dumitru Braghiș, a fost desemnat de Guvern să exercite funcția de ambasador în Republica Socialistă Vietnam prin cumul cu reședința la Beijing. Proiectul de hotărâre a fost aprobat miercuri, 26 mai, de către Cabinetul de miniștri. În 2005, a fost deputat pe listele Blocului „Moldova Democrată”, iar după expirarea mandatului, a plecat în sectorul privat, dezvoltând afaceri. Acesta a fost director la „Vimax Consulting”, director adjunct la „Accent Electronic” SA şi director la „UTI Systems International” SRL, din domeniul IT. La finele anului 2015, Braghiş a fost desemnat Ambasador al R. Moldova în Federaţia Rusă.

Persons: Dumitru Braghiș, Dumitru Braghiş, Vladimir Voronin, Braghiş Organizations: Externe, Integrării Europene Locations: Moldova, China, Republica Socialistă Vietnam, Beijing, Republica Populară Chineză, Preşedinţie, Chişinău, Federaţia Rusă

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