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☆ The Untold Story of Yeti Coolers and a Murder in the Philippines
▼ + stars: | 2024-12-01 | by ( Brendan Borrell | ) www.businessinsider.com time to read: +31 min

"He was a terrific designer, but hopeless in business," says Malcolm, Ivan's younger brother. Years after Ivan's murder, Yeti continues to contract with Outback — and Gloria travels to Texas to periodically to meet with Yeti's management. To make the most of their dwindling inventory, Roy and Ryan bumped up the price on their coolers. "As tragic as Ivan's death was, all of a sudden we are a much stronger company," Roy explained on a hunting podcast. Yeti Coolers went public in October 2018, and Roy and Ryan earned hundreds of millions of dollars after selling most of their shares.

Persons: Stout, Roy, Ryan Seiders, Ryan, didn't, — Ivan Royal Brown, Ivan, Gloria, Roger —, —, Roger, Jay McBride, Roy Seiders, Anuj Shrestha, Flip, Tek, Ivan Brown, Malcolm, Suzanne Handley, Clare, Ivan's, Suzanne, Tom Cat, hangouts, Malcolm isn't, Bryan Hammer, Hammer, Gloria's, GLORIA, BROWN, Malcolm's, Roy hustled, Serra, Malcolm Brown, Alvin Salas, Salas —, Pierre Bucsit, Romeo Amarillo, Prosecutors, Salas, it's, Ivan didn't, Nathaniel Colobong, Colobong, Terry Tate, they've, Brendan Borrell Organizations: Willys Jeep, Star, Five, Country, Texans, Flex, Texas, Waterloo, ESPN, Texas Tech, Rover, Workers, Foreigners, Philippines Securities, Exchange Commission, Cruiser, Honda, Northern Philippine Times, Ray's, Outback, BI Locations: America, Philippines, Austin , Texas, Roy, Australian, Texas, Driftwood, Austin, Australia, Thailand, Bangkok, Manilla, Angeles City, Queensland, Brisbane, Clark Freeport, City, American, Lodge, Philippine, Patagonia, Yeti's, Los Angeles

☆ Stocks like Nvidia are table-pounding buys, Bank of America says
▼ + stars: | 2024-08-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

The other stocks include: Ralph Lauren, Yeti, Goldman Sachs, and GE Aerospace. "We rate YETI shares Buy as we expect continued momentum supported by new product categories & international expansion," he said. Ralph Lauren "A hit down the fairway," analyst Christopher Nardone titled his recent recap of Ralph Lauren earnings. Meanwhile, Ralph Lauren shares are up 20% this year with plenty more room to run. ... We rate YETI shares Buy as we expect continued momentum supported by new product categories & international expansion.

Persons: Ralph Lauren, Goldman Sachs, Alexander Perry, Perry, Christopher Nardone, Nardone, Ebrahim Poonawala, Goldman, Poonawala Organizations: of America, Nvidia, GE Aerospace, U.S, Goldman, Bank of America, GE, Investment Locations: Europe, China, N.A, North America, N.A .

☆ Stocks making the biggest moves midday: Ford, AT&T, Yelp, Figs and more
▼ + stars: | 2023-07-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Paramount Global — The entertainment company's stock shed 4.4% after the new "Mission: Impossible" movie underperformed expectations at the box office. The Wall Street firm said Progressive's valuation is now compelling after its poor results in June, and said the company has long-term earnings power and growth potential. Yeti — The cooler company's stock fell 5.8% following a downgrade to underweight from sector weight by KeyBanc. The Wall Street firm cited concerns over Yeti's growth and its heavy wholesale channel inventory. State Street — The asset manager slipped more than 3.1% after the firm was downgraded by multiple Wall Street firms, including JPMorgan.

Persons: Rivian, Tesla —, Knight, Yelp, Goldman Sachs, Raymond James, Cantor, —, Samantha Subin, Alex Harring, Tanaya Macheel, Brian Evans Organizations: Ford —, Ford, Tesla — Elon, Constellation Software, Intercontinental Exchange, Citi, BridgeBio Pharma —, Activision, Microsoft, Sony, PlayStation, Activision Blizzard, Paramount Global, Variety, Apellis Pharmaceuticals, American, JPMorgan, Wall, State Street's, Iris Energy

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