DIRS.INFO The most relevant business & tech news

☆ DuPont's AI ties drew us in, but its water unit may be the sleeper hit
▼ + stars: | 2024-08-09 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

DuPont's water business DuPont is considered a leader in purification and specialty-separation technologies that generates cleaner water for industries, governments, and communities. Arun Viswanathan, analyst at RBC Capital Markets, characterizes Dupont's water business' next-generation products as being "at the top of the technology pyramid." Dupont's water business is the smallest of the three companies that will be created by the breakup. As this exercise shows, DuPont's water business as a standalone firm would certainly deserve that compared to some. Potential M & A It's possible DuPont's water business never makes it to standalone status.

Persons: we've, Jim Cramer, It's, Lori Koch, it's, Aleksey Yefremov, Arun Viswanathan, Viswanathan, Dupont, RBC's Viswanathan, DuPont, KeyBank's Yefremov, EBITDA, Pentair, Veralto, Yefremov, They'll, they'll, —, Koch, Ed Breen, Jim Cramer's, Jim, Jeff Fusco Organizations: DuPont, CNBC, JPMorgan, Bank, Barclays, RBC Capital Markets Locations: China, North America, Asia, East, Africa, America, Yefremov, Wilmington , Delaware

Analyst Edward Kelly upgraded the discount retailer to overweight from equal weight and opened a $180 price target. Yefremov's $400 price target indicates shares can jump 31.7% from Wednesday's closing price. Analyst Andrea Teixeira downgraded the energy drink maker to neutral from overweight and cut her price target by $7 to $59. — Alex Harring 5:38 a.m.: Wall Street reacts to Meta earnings Meta Platforms disappointed investors with its weak revenue guidance , sending shares down about 13% in premarket trading. His price target of $55 implies upside of 22% over the next 12 months.

Persons: Bernstein, Wells, Edward Kelly, shrinkflation, Kelly, — Alex Harring, Sherwin, Williams, Aleksey Yefremov, Yefremov, Doug Creutz, Creutz, Judas, Goldman, bullish, Goldman Sachs, Brooke Roach, Roach, Andrea Teixeira, Alex Harring, Ford, Wells Fargo, Colin Langan, Langan, LSEG, Eric Sheridan, Brian Nowak, Morgan Stanley, Doug Anmuth, Ronald Josey, Daniel Roeska, Roeska, General Motors, Fred Imbert Organizations: CNBC, General Motors, Traders, Grand Theft, Sony, Electronic Arts, TJX, TJX Companies, JPMorgan, Monster Beverage, Ford, Ford Pro, Facebook, Meta, Citi, mojo, General, GM Locations: Wells Fargo, Thursday's, Wednesday's, Michigan

☆ Wagner merch soars in price after abortive mutiny
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Evgenia Novozhenina/File PhotoMOSCOW, June 29 (Reuters) - Online prices for merchandise bearing the insignia of Russia's Wagner group - a human skull against a black and red backdrop - have shot up since its abortive armed mutiny, with buyers posting five-star reviews and support for the mercenaries. A deal brokered by the leader of Belarus abruptly halted the mutiny late on Saturday. E-commerce leader Wildberries' weekly price breakdowns showed how costs have risen. On a review of a Wagner flag on Wildberries, one buyer, Vladimir, said: "The Wagner Private Military Company is the best. Under Saturday's deal that ended the mutiny, fighters of the Wagner group were allowed to join their leader Prigozhin in exile in Belarus, to be integrated into Russia's regular armed forces or to return to their families.

Persons: Wagner, Evgenia, Russia's Wagner, Yevgeny Prigozhin, Wildberries, Tatiana, Vladimir, Vladimir Putin, Putin, Ramzan Kadyrov, Alexey Navalny, Prigozhin, Alexander Marrow, Gareth Jones, Alison Williams Organizations: REUTERS, Mercenary, Private Military Company, Don, Reuters, Thomson Locations: Yefremov, Tula region, Russia, MOSCOW, Moscow, Belarus, Ukraine, Rostov, Russian, St Petersburg

☆ Lithium has started coming back after a 'freefall' in China. What to know about the investing landscape
▼ + stars: | 2023-05-17 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Investors should focus on the long-term story in the lithium investing landscape, not the volatile price swings seen in recent months. Moves in China are driving changes in the global market for lithium as demand for electric vehicles increases, said Keybanc analyst Aleksey Yefremov. DeYoe reiterated his buy rating on Canadian producer Sigma Lithium earlier this month, calling it "the next big thing in lithium." Among the biggest names: Global X has a Lithium & Battery Tech ETF , Sprott has a Lithium Miners ETF and Horizons Global has a Lithium Producers Index ETF . "That's going to be quite a challenge, if we don't literally right now start digging up and finding sites for lithium," Langan said.

☆ As lithium miners gear up for Q1 earnings, investors focus on tumbling prices
▼ + stars: | 2023-05-02 | by ( Arshreet Singh | ) www.reuters.com time to read: +2 min

Strong demand for EVs and limited supply of the metal pushed lithium prices to record levels in November last year, soaring more than ten-fold from early 2021. But a slump in demand for electric vehicles in China, the world's biggest market, left a stockpile of the metal and drove prices down. Lithium prices have fallen by at least a third in the first quarter, according to an index tracked by Benchmark Mineral Intelligence, raising concerns miners will see a hit to their bottomline. Though falling spot prices have raised red flags for investors over the long-term outlook of lithium miners, analysts believe spot prices will rise again as we get closer to the end of the year. In the long run, supply will continue to fall short of demand, which will help the miners, he added.

☆ The father of a Russian girl who drew anti-war pictures fled house arrest. The Kremlin tracked him down in Belarus after he turned on his cellphone.
▼ + stars: | 2023-04-13 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

A Russian man was charged for "discrediting" the army after his daughter drew anti-war art at school. Shortly before his sentencing last month, Alexei Moskalyov fled house arrest and disappeared. "Alexei Moskalyov was extradited from Belarus to Russia," his lawyer in Belarus said, according to AP. Shortly after, he was convicted of "discrediting" the Russian military, handed a two-year prison term, and placed on house arrest. But hours before a court was meant to hand down the two-year sentence, Moskalyov unexpectedly fled house arrest and went off the grid.

☆ Russian girl who drew anti-war picture leaves orphanage with mother
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +3 min

Children's Commissioner Maria Lvova-Belova said she had spoken to the girl and to her mother, named Olga. Lvova-Belova posted a picture of the girl and her mother sitting on a bed, looking into each other's eyes. "I am glad about the beginning of the reunion of daughter and mother," Lvova-Belova said. He was accused of discrediting the Russian armed forces in social media posts. While on the run, he was sentenced in absentia to two years in a penal colony for discrediting the armed forces.

Further fuelling the emotions surrounding the case, a letter from 13-year-old Masha to her father - who has been raising her on his own - was made public on Wednesday. Prigozhin asked the prosecutor to review the verdict, and also requested that lawyers associated with Wagner be allowed to work with Moskalyov's defence. Moskalyov's lawyer Vladimir Biliyenko told Reuters he was in favour of both requests, even if he was unsure of Prigozhin's motives. The head of the school called the police, who began examining Moskalyov's online activity and fined him for comments critical of the Russian army. Additional reporting by Caleb Davis, writing by Mark Trevelyan, Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

SOTA/Handout via REUTERSMarch 28 (Reuters) - A Russian who was investigated by police after his daughter drew an anti-war picture at school was sentenced on Tuesday to two years in a penal colony on charges of discrediting the armed forces. The case has provoked an outcry among Russian human rights activists and sparked an online campaign to reunite father and daughter. The drawing featured a Ukrainian flag with the words "Glory to Ukraine" and a Russian tricolour with the slogan "No to war". In December, investigators opened another case against him on suspicion of discrediting the armed forces, this time based on a social media post in June. Shortly after invading Ukraine last year, Russia outlawed the act of discrediting the armed forces and provided for jail sentences of several years.

☆ Russian man who was prosecuted after 13-year-old daughter's anti-war drawing now appears to be on the run
▼ + stars: | 2023-03-28 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Alexei Moskalev was sentenced Tuesday to two years behind bars for alleged antiwar social media posts. Moskalev was prosecuted after school authorities found antiwar drawings by his 13-year-old daughter. Alexei Moskalev was sentenced Tuesday to two years in a penal colony for the alleged posts, which he has denied penning. In the drawing, a mother and child can be seen holding hands and standing next to the Ukrainian flag as missiles approach them from the Russian side. According to Human Rights Watch, people have since been prosecuted for merely displaying the colors of the Ukrainian flag, blue and yellow.

☆ Russian father had his daughter taken away after she drew an anti-war picture in art class, reports say
▼ + stars: | 2023-02-28 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

A Russian sixth-grader drew an anti-war painting in her art class, Meduza reported Tuesday. He fears he will permanently lose custody of his daughter if he is jailed, his lawyer told OVD-Info. Moskalev's lawyer told OVD-Info that he was interrogated and told that his daughter had also made anti-war comments on the Russian social media outlet VKontakte. Moskalev was able to retrieve Masha from the children's center a few days later and both have since left Yefremov, Meduza reported. Under Russian law, using the words "war" and "invasion" can land someone in prison for up to 15 years.

☆ Russian army officer defects, describes widespread torture including threats to castrate a Ukrainian and send his wife the video
▼ + stars: | 2023-02-02 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A Russian former senior lieutenant has defected and admitted the army tortures Ukrainians. Konstantin Yefremov told the BBC of horrific abuses, including threats of rape and castration. He is the most senior officer to publicly denounce his former army's abuses, per the BBC. On Wednesday, Ukraine's Prosecutor General Andriy Kostin alleged that his office had uncovered evidence of 65,000 Russian war crimes in newly liberated parts of Ukraine, as CNBC reported. His lawyer told Insider's Joshua Zitser that he feared for his life as he scrambled over the Russian border to Norway.

☆ Dow forecasts dour quarterly revenue, says will slash 2,000 jobs
▼ + stars: | 2023-01-26 | by ( Ankit Kumar | ) www.reuters.com time to read: +2 min

Jan 26 (Reuters) - Dow Inc (DOW.N) on Thursday forecast current-quarter revenue below estimates and said it would cut about 2,000 jobs as the chemical giant navigates challenges including inflation and supply chain disruptions. Dow Chief Financial Officer Howard Ungerleider said while the pace of inflation has moderated, the overall cost levels remain elevated. The company expects the recent shifts in China's COVID policy to stimulate demand, but that would take some time to take effect. "Chemical prices are likely to go up in the first quarter (2023) and we will see better demand in the second quarter," said Aleksey Yefremov, analyst at KeyBanc Capital Markets. It expects 2023 capital expenditure be $2.2 billion, about 21% higher than last year.

☆ Fact Check-Picture of man aiming gun from window is unrelated to Kyiv drone strikes
▼ + stars: | 2022-10-17 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

An image of a man aiming a gun from an apartment block window has been falsely linked to Russia’s Oct. 17 drone attacks on Kyiv. According to some social media users, the image shows a resident of Kyiv downing drones over the Ukrainian capital (here , here and here). But Reuters traced the image back to a Kyiv Police Patrol report in June 2021 which includes a video of the same scene (here). Read more about the Oct. 17 drone attacks (here). The video, filmed in Kyiv, is from 2021 and is unrelated to Russia’s drone strikes in October 2022.

Search resuls for: "Yefremov"

14 mentions found