DIRS.INFO The most relevant business & tech news

☆ NHL roundup: Avs come from behind to down Oilers in OT
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +5 min

Compher had a goal and three assists, and Nathan MacKinnon posted a goal and two helpers for Colorado. Valeri Nichushkin, Logan O'Connor and Artturi Lehkonen also scored, Samuel Girard had two assists and Alexandar Georgiev turned away 35 shots. Leon Draisaitl and Tyson Barrie each had a goal, Cody Ceci had two assists and Jack Campbell made 37 saves. Ridly Greig scored his first NHL goal, Claude Giroux had two assists and Mads Sogaard made 30 saves. Wild 4, Predators 3Ryan Hartman scored with 21 seconds remaining, and Minnesota defeated Nashville after surrendering a two-goal, third-period lead.

☆ NHL roundup: Auston Matthews' return boosts Leafs
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +4 min

[1/6] Feb 15, 2023; Toronto, Ontario, CAN; Toronto Maple Leafs right wing William Nylander (88) battles for the puck with Chicago Blackhawks defenseman Caleb Jones (82) in front of Blackhawks goaltender Petr Mrazek (34) during the third period at Scotiabank Arena. Mandatory Credit: Nick Turchiaro-USA TODAY SportsFebruary 16 - Auston Matthews had a goal and an assist in his return after missing five games with a sprained knee, helping the Toronto Maple Leafs earn a 5-2 win over the visiting Chicago Blackhawks on Wednesday night. The Maple Leafs went 2-3-0 while Matthews was out. Conor Timmins added a goal, and the Maple Leafs goalie Ilya Samsonov made 27 saves. Lazar and defenseman Oliver Ekman-Larsson left due to lower-body injuries, and goalie Arturs Silovs stopped 22 shots in his NHL debut.

☆ Investors need to embrace these stocks that we love
▼ + stars: | 2023-02-12 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

I’ve typically done this stock picking feature in early to mid February as a Stocks We Love type of story, pegging it to Valentine’s Day. The restaurant stocks in particular could do well. Inflation is obviously still a concern for big consumer brands. Consumer prices rose 6.5% over the past 12 months through December, down from a 7.1% pace in November. Up nextMonday: Earnings from TreeHouse Foods (THS), Avis Budget (CAR), FirstEnergy (FE), IAC (IAC) and PalantirTuesday: US CPI; Japan GDP; UK employment report; earnings from Coca-Cola, Asahi Group, Marriott (MAR).

☆ New cars are crazy expensive but, if you’re careful, they don’t have to be
▼ + stars: | 2023-02-11 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

Yet the average sticker for base models, adjusted for inflation, has actually gone down a little — even as consumers have shifted from sedans to more expensive SUVs. That’s good news for drivers willing to go no-frills: If you don’t want to pay lots of a new car, you don’t have to. It has a base price of $15,730. These base price models may not make much money, if any, for automakers. The average price of a GMC Sierra 2500 HD, as sold, is now double the base price.

UFC 284 will stream live on February 11, with the main card starting at 10 p.m. With Volkanovski moving up to lightweight, a fight to decide the interim featherweight champion is on the UFC 284 undercard. How to watch UFC 284You can watch the main event of UFC 284 on ESPN+ at 10 p.m. Ways to save on the UFC 284 pay-per-view priceIf you plan on subscribing to ESPN+ to stream UFC 284, you can snag a special discounted bundle. Here's the fight card for UFC 284: Makhachev vs. VolkanovskiESPNEarly Prelims — 6 p.m.

☆ NHL roundup: Sharks end Lightning's record home win streak
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +5 min

The Sharks controlled play for most of the three-on-three session, and Karlsson helped the visitors post their second straight win with a slick diagonal pass that Meier easily netted at 2:19. Meier finished with two goals and an assist while Karlsson notched a goal and two helpers. The Penguins killed off a penalty in overtime, then scored during a delayed penalty call. Adin Hill didn't work too hard in stopping 16 shots to record his career-high 11th win. Vatrano scored with a backhand off a feed from Isac Lundestrom to end Anaheim's eight-game losing streak against the Blackhawks.

☆ Here are Tuesday's biggest analyst calls: Apple, Disney, Meta, Alphabet, Tyson Foods, Target & more
▼ + stars: | 2023-02-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Tuesday's biggest calls on Wall Street: Citi reiterates Disney as buy Citi said it's bullish heading into Disney earnings Wednesday. Goldman Sachs downgrades Tyson Foods to neutral from buy Goldman downgraded the poultry company after its earnings report on Monday and said it sees cyclical headwinds for Tyson. Jefferies reiterates Target as buy Jefferies said it sees "comp sales upside" ahead for Target. Wells Fargo initiates iRhythm Technologies as overweight Wells initiated the digital health care cardio company and said it sees upside and share gains. Goldman Sachs reiterates Pinterest as buy Goldman said it's standing by shares of Pinterest after its earnings report on Monday.

An interactive map shows what happened each time the Proud Boys joined anti-LGBTQ+ protests in 2022. Most of the extremist group's activity targeted drag performances, the map shows. Insider worked with ACLED to create this map, which shows what happened at each of these protests. It's part of Insider's look at the Proud Boys' increasing war on LGBTQ+ community, and drag in particular. Sixty percent of the Proud Boys' anti-LGBTQ+ demonstrating last year happened outside drag events, mostly seen by organizers and attendees as celebrations of diversity for families and children.

☆ Goldman Sachs downgrades Tyson Foods, says poultry stock's trajectory is uncertain after latest earnings
▼ + stars: | 2023-02-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Analyst Adam Samuelson downgraded the food producer to neutral from buy after Tyson's latest quarterly report showed significant underperformance across the company — particularly its chicken segment. The company's reported earnings per share of 85 cents for its first fiscal quarter. "Put together, we see a more uncertain trajectory for Chicken segment profitability into FY24 and have less confidence in the business returning to previously articulated 6-8% normalized margins," the analyst added. Tyson shares fell 4.6% on Monday after the company announced its quarterly earnings. TSN 1Y mountain TSN in past 12 months —CNBC's Michael Bloom contributed to this report.

☆ Stocks making the biggest moves midday: Chegg, Hertz and Oak Street Health
▼ + stars: | 2023-02-07 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading Tuesday. Oak Street Health — Shares surged more than 30% after the Wall Street Journal reported CVS Health was close to an agreement to buy the primary-care provider for $10.5 billion. Sweetgreen — Shares fell about 6% after Cowen downgraded the salad chain's stock to market perform from outperform, citing "deteriorating value perceptions." ZoomInfo — Shares of the software company fell 1.7% following the company's quarterly results for the latest period. Leggett & Platt — Shares fell 5% during midday trading after Leggett & Platt reported disappointing earnings after the market closed on Monday.

☆ Tyson Foods Profit Declines as Beef Price Drops
▼ + stars: | 2023-02-06 | by ( Patrick Thomas | ) www.wsj.com time to read: 1 min

Tyson Foods said it expects improved results later this year. Tyson Foods Inc. said its profit fell in its fiscal first quarter from a year ago as costs climbed and beef prices fell. The Springdale, Ark.-based company posted a profit of $316 million, or 88 cents a share, in the period ended Dec. 31, compared with $1.12 billion, or $3.07 a share, a year earlier. Analysts polled by FactSet had expected Tyson to report $1.35 a share in profit.

☆ Tyson Foods Profit Tumbles as Costs Rise and Demand Weakens
▼ + stars: | 2023-02-06 | by ( Patrick Thomas | ) www.wsj.com time to read: 1 min

Tyson said consumers are spending more on its less expensive food products. Tyson Foods Inc. reported its biggest percentage drop in quarterly profit in over a decade, signaling how higher costs and slackening demand are squeezing the U.S. meat industry. Executives of the Springdale, Ark., company, the largest U.S. meat processor by sales, said that meat supplies have been growing, while consumers shift their purchasing in response to a softening U.S. economy. Meatpackers meanwhile continue to pay more for transport, animal feed and plant worker wages, cutting into profits.

☆ Tyson will face pressure from headwinds affecting low-end consumers, says Piper Sandler's Lavery
▼ + stars: | 2023-02-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTyson will face pressure from headwinds affecting low-end consumers, says Piper Sandler's LaveryMichael Lavery, Piper Sandler, joins 'Closing Bell' to discuss Tyson as shares fall following a weak quarter for the stock.

[1/2] A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. Money market participants see the Fed's terminal rate to settle above 5% by May followed by rate cuts in September. More than 69% of the S&P 500 firms have reported results above expectations, according to Refinitiv. Overall, analysts still expect quarterly earnings of S&P 500 firms declining 2.8%. All of the 11 major S&P 500 indexes were in the red with the real-estate sector (.SPLRCR) slumping 1.5%.

☆ Three-Stock Lunch: TSN, LMT and NVDA
▼ + stars: | 2023-02-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: TSN, LMT and NVDAEva Ados, ERShares CIO, joins 'Power Lunch' to discuss three stocks trading today: Tyson, Lockheed Martin, and Nvidia.

☆ Stocks making the biggest moves premarket: Tyson Foods, PayPal, Children's Place and more
▼ + stars: | 2023-02-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tyson Foods – Shares of the food processing giant suffered a 6% drop in premarket trading after the company reported weaker-than-expected results for the first quarter. Analysts expected $1.34 per share in earnings and revenue of $13.52 billion, according to Refinitiv. PayPal — Shares of the payments company fell 2.6% in premarket after Raymond James downgraded the stock to market perform from outperform. Lyft — Shares of the ride-hailing company fell about 2% in premarket trading after Lyft was downgraded to hold from buy at research firm Gordon Haskett. Energizer Holdings — The battery maker's stock fell 6% after revenue and earnings for the recent quarter fell short of expectations, according to analysts surveyed by FactSet.

☆ Real and fake meat share problems
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +2 min

TORONTO, Feb 6 (Reuters Breakingviews) - Pain in the fake meat market is starting to spread to the real one. That’s still much better than Beyond Meat (BYND.O), which isn’t even booking an operating profit at this point. But the two companies share a few of the same problems that aren’t going away. With prices along the supply chain going up, including for transportation, consumers are making other choices. Forgoing meat – no matter the consistency – is a real problem.

☆ Futures fall with eyes on earnings
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +2 min

Companies reporting quarterly results this week include Walt Disney Co (DIS.N) and PepsiCo Inc (PEP.O), while Tyson Foods Inc (TSN.N), Lowe's Cos Inc (LOW.N), Activision Blizzard Inc (ATVI.O) and Cummins Inc (CMI.N) report results later in the day. Halfway through the earnings of the S&P 500 companies, 69.6% have reported results above expectations, according to Refinitiv. Overall, analysts still expect quarterly earnings of S&P 500 firms declining 2.7%. Job growth in the U.S. accelerated sharply in January, with nonfarm payrolls surging by 517,000 jobs, well above an estimate of 185,000. ET, Dow e-minis were down 237 points, or 0.7%, S&P 500 e-minis were down 37 points, or 0.89%, and Nasdaq 100 e-minis were down 144.25 points, or 1.14%.

☆ Tyson Foods misses quarterly sales estimates
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +1 min

Feb 6 (Reuters) - Tyson Foods Inc (TSN.N) missed Wall Street estimates for quarterly revenue on Monday, pinched by falling beef prices and lower volumes in its pork segment. While soaring prices of beef, chicken and pork boosted sales at Tyson last year, the company reported an 8.5% drop in average sales price of beef in the reported quarter. The fall in beef prices dragged Tyson's sales at a time demand is already taking a hit from penny-pinched Americans reducing their spending on pricier meat cuts. The U.S. meatpacker's sales rose to $13.26 billion in the first quarter from $12.93 billion a year earlier. Analysts on average had expected sales of $13.52 billion, according to IBES data from Refinitiv.

☆ Stocks making the biggest moves midday: Dell, On Semiconductor, PayPal, Catalent & more
▼ + stars: | 2023-02-06 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

The PayPal logo displayed on a smartphone screen with a stock market graphic in the background. On Semiconductor — Shares gained more than 1% after the company reported earnings Monday that beat Wall Street estimates. The company posted $2.1 billion in revenue for the quarter, a 13.5% increase from $1.85 billion in revenue last year. Dell — The tech company saw its shares fall 3.7% after it announced its plans to lay off 5% of its workforce. PayPal — Shares of the payments company fell more than 3% after Raymond James downgraded the stock to market perform from outperform.

☆ Did investors learn nothing from last year’s market meltdown?
▼ + stars: | 2023-02-05 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

Shares of movie theater chain AMC (AMC) have soared nearly 65% so far in 2023, and AMC (AMC)’s companion preferred stock (which trades under the ticker APE as a nod to the nickname AMC (AMC) fans have given themselves on social media) has more than doubled. So did investors learn nothing from last year’s market meltdown? I don’t agree with this market rally in meme stocks,” said Erik Ristuben, chief investment strategist with Russell Investments. Another strategist agrees this recent rally for meme stocks and other speculative bets may not end well. If they’re upbeat about spending, that could keep the rally in consumer stocks going.

☆ Stock futures slide to start week with more earnings and a Powell speech ahead
▼ + stars: | 2023-02-05 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

U.S. stock futures were lower to start trading for the new week as investors awaited more earnings and an important speech from Federal Reserve Chairman Jerome Powell. The S&P 500 is up more than 7% for 2023. S&P 500 futures were lower by 0.3% and Nasdaq-100 futures fell by 0.4%. We are about halfway through fourth-quarter earnings season for the S&P 500 and the results have not been great. The S&P 500 just formed a bullish "Golden Cross" pattern and touched a 5-month high last week above the 4,100 level.

☆ Disney, Pepsi, Uber Set to Report During Lackluster Earnings Season
▼ + stars: | 2023-02-04 | by ( Dia Gill | ) www.wsj.com time to read: 1 min

PepsiCo Inc., Uber Technologies Inc. and Walt Disney Co. are among the companies slated to report earnings in the coming week, during an earnings season marked by cooling demand and throttled profits. Investors will also hear from the food makers Kellogg Co. and Tyson Foods Inc., the healthcare companies CVS Health Corp. and AbbVie Inc., as well as the private-equity firms KKR & Co. and Apollo Global Management Inc. Other companies reporting earnings include PayPal Holdings Inc., S&P Global Inc. and Chipotle Mexican Grill Inc.

☆ A flurry of earnings reports, Fed rate hike, signs of a bull market
▼ + stars: | 2023-02-04 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Earnings season continues next week, with Club holdings Linde (LIN), Emerson Electric (EMR) and Walt Disney (DIS) all set to report. Similarly, shares of Meta Platforms (META) have surged over 20% since CEO Mark Zuckerberg reassured investors Wednesday evening that 2023 would be the technology giant's "year of efficiency." The bull case is further supported by continued signs inflation is easing, a still-robust job market and the breadth of market-buying activity since the start of the year. Lastly on Wednesday, the Fed's Federal Open Market Committee raised the federal funds rate by 25 basis points, in line with expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Jim Cramer on why Tyson Foods' conference call will be a must-listen
▼ + stars: | 2023-02-03 | 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 EmailJim Cramer on why Tyson Foods' conference call will be a must-listenCramer explained why investors should listen to Tyson Foods' conference call after the company reports its quarterly earnings next week.

Search resuls for: "Tyson"

25 mentions found