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☆ Stocks making the biggest moves premarket: Ciena, GameStop, Rent The Runway and others
▼ + stars: | 2022-12-08 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Ciena earned an adjusted 61 cents per share for its latest quarter, compared with a consensus estimate of 8 cents. GameStop (GME) – GameStop reported a wider-than-expected quarterly loss and sales that fell short of predictions. Rent The Runway (RENT) – Rent The Runway surged 16.9% in the premarket after its quarterly revenue came in well above Wall Street forecasts and the fashion rental company issued an upbeat sales forecast. Kinder Morgan shares gained 2.1% in premarket trading. Separately, Express announced a wider-than-expected quarterly loss and lower-than-expected revenue in what its management said was a tougher quarter than it had anticipated.

☆ FTX used corporate funds to purchase employee homes, new filing shows
▼ + stars: | 2022-11-17 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

The logo of FTX is seen on a flag at the entrance of the FTX Arena in Miami, Florida, November 12, 2022. Corporate funds were used to purchase Bahama homes and "personal items" in the name of employees and advisors of FTX, a bankruptcy declaration said, days after the penthouse apartment of founder Sam Bankman-Fried was listed for nearly $40 million. Auditing for one of the FTX corporate verticals – what Ray referred to as "Silos" – was done by Prager Metis, a firm with "which I am not familiar," Ray wrote. Ray, who oversaw Enron's bankruptcy proceedings and restructuring, declared he had 40 years of experience in the bankruptcy and corporate space. FTX and affiliated companies, including Alameda Research, Bankman-Fried's crypto trading firm, filed for Chapter 11 bankruptcy protection earlier this month.

Hurricane Nicole weakened into a tropical storm shortly after making landfall on Florida’s Atlantic coast just south of Vero Beach early Thursday, officials said. Just under an hour later, the hurricane center said Nicole had weakened into a tropical storm as it made its way over east-central Florida, bringing strong winds, heavy rains and dangerous storm surge. Hurricane Nicole approaches the Florida coast on Nov. 10, 2022. After striking Florida, Nicole is expected to move over central and northern Florida and into southern Georgia on Thursday and Thursday night, forecasters said, before moving into the Carolinas. Nicole struck Florida as a hurricane about six weeks after Hurricane Ian hit the state as a Category 4 hurricane.

☆ Hurricane Nicole barrels into Florida's Atlantic coast
▼ + stars: | 2022-11-10 | by ( Brian Ellsworth | ) www.reuters.com time to read: +4 min

Nicole was upgraded from a tropical storm to a Category 1 hurricane as it thrashed the Bahamas on Wednesday. It was packing sustained winds of up to 75 mph (120 kph) as it made landfall along the east coast of Florida north of Miami, according to the National Hurricane Center. read moreThe hurricane center also issued storm-surge advisories for much of Florida's Atlantic coast, warning that wind-driven waves would wash over beaches and rush inland to flood low-lying areas well beyond the shore. Nicole is expected to pack less punch at landfall than Ian, which struck Florida as a major Category 4 storm. 'LAST OPPORTUNITY'[1/5] A car drives by a flooded street ahead of the expected arrival of Hurricane Nicole, in Daytona Beach, Florida, U.S., November 9, 2022.

☆ Hurricane Nicole bears down on Florida's Atlantic coast
▼ + stars: | 2022-11-10 | by ( Brian Ellsworth | ) www.reuters.com time to read: +4 min

[1/5] A car drives by a flooded street ahead of the expected arrival of Hurricane Nicole, in Daytona Beach, Florida, U.S., November 9, 2022. REUTERS/Marco BelloMIAMI, Nov 10 (Reuters) - Hurricane Nicole closed in on Florida's Atlantic shoreline early on Thursday with a brew of heavy downpours, fierce winds and a treacherous surge of ocean surf that threatened coastal areas still reeling from the last major storm six weeks ago. Nicole is expected to pack less punch at landfall than Ian, which struck Florida as a major Category 4 storm. Authorities warned, however, that Nicole still posed a formidable threat, especially to structures and coastal foundations weakened by Ian. "We have had a lot of flooding within the last couple of storms," Leanne Hansard, 53, a Daytona Beach resident, said as she was boarding up windows to her family's insurance office.

☆ Nicole Becomes a Hurricane Ahead of Expected Hit on Florida
▼ + stars: | 2022-11-09 | by ( Arian Campo-Flores | ) www.wsj.com time to read: 1 min

Nicole strengthened to a hurricane Wednesday evening while making landfall on Grand Bahama Island in the Bahamas, before taking aim at the eastern coast of Florida later in the night, according to the National Hurricane Center. Nicole, which was a tropical storm as it approached the Bahamas, became a Category 1 hurricane, with winds of 75 miles an hour, the hurricane center said. A hurricane warning is in effect for parts of the northwestern Bahamas and a roughly 225-mile stretch of Florida’s coast from Boca Raton in the southeast to the border of Volusia and Flagler counties in the state’s northeast.

Nicole, newly classified as a hurricane, was packing sustained winds of up 75 miles per hour (120 km per hour) as it made landfall on Grand Bahama Island, the Miami-based National Hurricane Center reported. Grand Bahama, Bimini and the Berry Islands in the northwest corner of the island nation remained under a hurricane warning. As the storm closed in earlier in the day, some Bahamas residents fled their homes amid fierce winds and flooding. Storm surge caused widespread devastation to Florida's Gulf Coast when the last major storm, Hurricane Ian, crashed ashore there on Sept. 28, causing an estimated $60 billion in damage and claiming more than 140 lives. Several counties along the Florida coast issued mandatory orders and voluntary evacuation advisories for homes near the shore and on barrier islands.

☆ Nicole making landfall as a hurricane over the Bahamas, U.S. NHC says
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: 1 min

Nov 9 (Reuters) - Nicole has become a hurricane while making landfall on Grand Bahama island, the U.S. National Hurricane Center (NHC) said on Wednesday. Nicole is located about 105 miles (170 km) east of West Palm Beach, Florida, and is bringing maximum sustained winds of 75 miles per hour (120 km per hour), the Miami-based forecaster said. Reporting by Bharat Govind Gautam in Bengaluru; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Hurricane warning is issued for parts of Florida's east coast as Tropical Storm Nicole expected to strengthen
▼ + stars: | 2022-11-08 | by ( Mirna Alsharif | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kathryn-Prociv.Jpg | ) www.nbcnews.com time to read: +2 min

Nicole on Tuesday was upgraded to a tropical storm and is expected to strengthen, prompting a hurricane warning for parts of east central Florida and the southeast coast, according to the National Hurricane Center. Hurricane conditions including strong winds, rainfall and storm surge are expected in the northwestern Bahamas and along Florida's east coast on Wednesday, with tropical storm conditions possible in Georgia along the east coast as well. "Dangerous storm surge" anywhere from 3 to 5 feet is also expected along Florida and Georgia's east coast from North Palm Beach to the Altamaha Sound including. The northwest Bahamas can also expect storm surge of 4 to 6 feet above normal tide along the coast. Ron DeSantis declared a state of emergency on Monday for 34 counties in the path of the storm, including Miami-Dade, Palm Beach, Orange and Sarasota counties.

☆ Storm Nicole churns toward Bahamas en route to Florida and hurricane status
▼ + stars: | 2022-11-08 | by ( Brian Ellsworth | ) www.reuters.com time to read: +4 min

[1/2] Beachgoers are shown as tropical storm Nicole approaches the state in Miami Beach, Florida, U.S., November 8, 2022. A hurricane warning was posted for Grand Bahama Island, Bimini, the Berry Islands and the Abacos in the northwestern corner of the West Indies archipelago nation, the Miami-based National Hurricane Center (NHC) said. A 240-mile expanse of Florida's Atlantic shoreline from Boca Raton north to around Flagler Beach was likewise placed under a hurricane warning. "It's going to take more than a Category 1 hurricane or so to really move stuff and have them flying around." Forecasters said Nicole would likely sweep across central and northern Florida into southern Georgia on Thursday.

Nicole became a Category 1 hurricane on Wednesday evening as the storm made landfall on Great Bahama Island. It is expected to remain a hurricane as it approaches Florida, according to forecasters at the National Hurricane Center. By The New York TimesThe National Hurricane Center said that areas along the Florida, Georgia and South Carolina coastlines could see life-threatening storm surge. Storm surge is an abnormal rise of water caused by strong winds from a storm pushing water toward the shore. Potential storm surge flooding 1 3 6 9+ feet The New York Times; storm surge flooding prediction by NOAA as of 10:30 p.m. Eastern on Nov. 9.

☆ Stocks making the biggest moves midday: Change Healthcare, Ford, PayPal, Humana and more
▼ + stars: | 2022-09-20 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Change Healthcare – Shares of Change Healthcare jumped 6.4% after a federal judge said that UnitedHealth cannot take over the company. Humana – Shares of health company Humana gained 1% and touched an all-time high a day after the company raised its earnings guidance for the fiscal year. Cognex — Shares of machine vision systems maker Cognex jumped nearly 7% after the company raised its revenue outlook for the current quarter. Olin — The manufacturing company fell 4.6% after issuing its third-quarter EBITDA guidance. MicroStrategy – Shares of software company MicroStrategy fell 4.6% after the company announced that it made its smallest purchase of Bitcoin in two years.

☆ It’s not just you. Tommy Bahama beach chairs are everywhere
▼ + stars: | 2022-09-03 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

“You see them all over most major coastal beaches during the summertime.”A Tommy Bahama beach chair in Santa Rosa Beach, Florida. Tommy Bahama doesn’t make its chairs and beach goods. Instead, Tommy Bahama licenses its name and design for the beach goods and receives royalties from sales at retailers. So they came up with “‘Tommy Bahama’ because I liked the resonation of the two words together.”The founders had recently left the company, and the country was suffering through the Great Recession, which dragged down Tommy Bahama sales. Correction: Tommy Bahama CEO Doug Wood said the company sells up to two million of its beach chairs a year and 700,000 umbrellas annually.

☆ Preparing for Category 6 hurricanes, a new facility will test winds of 200 mph and storm surge
▼ + stars: | 2022-02-07 | by ( Jennifer Gray | Cnn Meteorologist | ) edition.cnn.com time to read: +22 min

Hide Caption 1 of 99 Photos: Hurricane Dorian Homes are in ruins one week after Dorian hit Marsh Harbour. Hide Caption 11 of 99 Photos: Hurricane Dorian Waves crash into boats in Halifax, Nova Scotia, as Hurricane Dorian approached on September 7. Hide Caption 27 of 99 Photos: Hurricane Dorian Emerald Isle employees work to clear a road after a tornado hit. Hide Caption 67 of 99 Photos: Hurricane Dorian Dorian left heavy damage at this resort in Hope Town, Bahamas. Hide Caption 74 of 99 Photos: Hurricane Dorian Palm trees blow in strong winds prior to Dorian's landfall in Freeport.

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