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Ares CapitalThis week we will first look at a high-dividend yield stock Ares Capital (ARCC). ARCC offers a dividend yield of 9.8%. Citi's dividend yield stands at 5%. The company pays a dividend yield of 2.5%. On Oct. 26, Tigress Financial Partners analyst Ivan Feinseth reiterated a buy rating on AT&T stock with a price target of $28.
Persons: Justin Sullivan, Wall, Kenneth Lee, Lee, TipRanks, James Fotheringham, Fotheringham, Peter Saleh, Saleh, Ivan Feinseth, Feinseth Organizations: Citibank, ARCC, RBC Capital, Ares, Citigroup, Citi, BMO Capital, Tigress Financial, Edge, T Locations: California
Vasser Sullivan started the IMSA sports car season strong enough that it was quickly apparent a championship was finally in reach for the Lexus factory program. Team owners Jimmy Vasser and James “Sulli” Sullivan think it might have saved the season. However, Jimmy and I are really glad that it did happen because it was a wakeup call, to the two of us and to the team,” Sullivan said. Vasser Sullivan ran Busch in the Rolex 24 at Daytona in 2020. And, if the opportunity presented itself, Vasser Sullivan would like to compete in IMSA's top class.
Persons: Vasser Sullivan, Ben Barnicoat, Jimmy Vasser, James “ Sulli ” Sullivan, , Ben, Jimmy, ” Sullivan, Jack Hawksworth, It's, Chip Ganassi, Sullivan, , they'd, Tony Kanaan, , Jeff Bal, Hawksworth, ” Hawksworth, Sulli, Vasser, Kyle Busch, we've Organizations: IMSA, Lexus, Watkins Glen, Team, IndyCar, Daytona, Chip Ganassi Racing, RC, GTD PRO, Lexus Motorsports, Ganassi —, Toyota, Indianapolis, NASCAR, Busch Locations: Canada, Atlanta, GTD, Charlotte
Russia's oligarchs are even less likely to turn on Vladimir Putin 18 months after the invasion. In the 18 months since Russia invaded Ukraine, the lives of Russian oligarchs such as Melnichenko have changed immeasurably in the face of Western sanctions. Sanctions were unleashed on Russia's billionaires as part of a wider set of economic restrictions that some hoped would inspire a revolt within the country. Russia's oligarchs have Putin to thank for their ongoing success. Revolt is possible but unlikelyIt now appears Russia's oligarchs have adapted to a new status quo where they lack political influence but still have a reliable stream of cash.
Persons: Vladimir Putin, Andrey Melnichenko, Putin, Mikhail Svetlov, Melnichenko, Forbes, hasn't, Putin —, Roman Abramovich, Alisher, Alisher Usmanov, Alexei Druzhinin, Ivan Fomin, Fomin, That's, Peter Rutland, Vladimir Potanin, Potanin, Rosbank, they've, there'd, Rutland, they're, Abramovich, Michael Regan Abramovich, He's, We'll, Arkady Volozh, Yevgeny Prigozhin, Putin oligarch, Wagner Organizations: Putin, Service, Financial Times, United Arab, Russia's, Soviet Union, Union, Kremlin, Center for, Center for Strategic, International Studies, Forbes, Wesleyan University, Bloomberg, New York Times, London, Chelsea FC, Getty, Guardian, Street, EU Locations: Wall, Silicon, Dubai, United Arab Emirates, Russia, Ukraine, Soviet, EU, Russian, Rutland, France, Thailand, Turkey
Political Cartoons View All 1148 Images“The Russian authorities are trying hard to pretend that everything is going according to plan, everything is fine. In the occupied regions, early voting kicked off last week as election officials went door to door or set up makeshift polling stations in public places to attract passersby. As a result, Moscow has maintained control of about 70% of the Kherson region. “It looks like the Russian authorities know the result (of the election) already,” Fyodorov said. In the end, said Gallyamov, the Russian analyst, Russian authorities will not get “anything good in terms of boosting their legitimacy” in the occupied regions.
Persons: Russia “, Abbas Gallyamov, , Gallyamov, Vladimir Putin, Putin, we’ve, ” Sergei, we’re, Konstantin, ” Kostantin, Weeks, Yevgeny Balitsky, , Ivan Fyodorov, Fyodorov, ” Fyodorov, , Pavlo Lysianskyi Organizations: Russian, Kyiv, of Europe, Kremlin, United, Communist Party, Liberal Democratic, Associated Press, AP, Eastern Human Rights Locations: TALLINN, Estonia, Ukraine, Moscow, Donetsk, Luhansk, Kherson, , Russia, United Russia, Russian, Zaporizhzhia, Siberia, Melitopol, Ukrainian
One strategy is to track the investment ideas of Wall Street pros and glean valuable insights into making successful stock decisions. To that end, TipRanks, a platform that ranks analysts based on their past performance, has identified five stocks well liked by top-ranking analysts. Earlier this month, the company trounced analysts' second-quarter earnings estimates and returned to double-digit revenue growth. In particular, Feinseth expects RCL's "Perfect Day at CocoCay" private island resort to be a key growth driver and industry differentiator, which could fuel significant incremental revenue growth and yields. Feinseth holds the 266th position among more than 8,500 analysts on TipRanks.
Persons: Sachin Mittal, Mittal, Goldman Sachs, Eric Sheridan, Sheridan, Datadog, Kash Rangan, Rangan, Ivan Feinseth, Feinseth Organizations: Nasdaq, Amazon, TipRanks, Royal, Tigress, Netflix Locations: Mobile, Caribbean, North America
Benoit Tessier | ReutersCava GroupFirst on this week's list is the Mediterranean restaurant chain Cava (CAVA), which made a blockbuster public debut last month. The rally in CAVA shares since its initial public offering reflects investors' optimism about the fast-casual restaurant chain's growth prospects. Stifel analyst Chris O'Cull initiated a buy rating on Cava with a price target of $48. The analyst estimates annual revenue growth of 20% during the next four years, driven by at least 15% growth in Cava's footprint. The survey revealed that Services' average revenue per user (ARPU) in the U.S. is $110, which is much higher than Daryanani's global estimate of $81.
Persons: Benoit Tessier, Chris O'Cull, O'Cull, TipRanks, Amit Daryanani, Daryanani, Ivan Feinseth, Feinseth, Goldman Sachs, Toshiya Hari, Hari Organizations: Meta, Inc, Viva Technology, Porte de, Reuters, Cava, Apple, Apple Services, Services, Tigress Financial, TipRanks, Nvidia Semiconductor, Nvidia, US Locations: Porte, Paris, France, Cava, CAVA, U.S, Midwest
Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. In line with his investment thesis, Setyan reaffirmed a buy rating on the stock with a price target of $123. He explained that his price target reflects a premium valuation, which is "appropriate given our expectation of accelerating market share gains within casual dining for the foreseeable future." Feinseth reaffirmed a buy rating on CCL and boosted his price target to $23 from $13. Accordingly, he reiterated a buy rating and increased the price target to $490 from $365.
Persons: Sanjay Mehrotra, Micron Scott, Wall, Goldman Sachs, Toshiya Hari, Micron's, Hari, Nick Setyan, Setyan, Ivan Feinseth, Feinseth Organizations: Micron, Micron Scott Mlyn, CNBC, Nasdaq, Cyberspace Administration, Tigress, CCL Locations: China, TipRanks, Texas, MDB
Market Movers rounded up the best reactions from investors and analysts on Meta Platforms . The experts, including Jim Cramer , discussed the social media company a day after it launched the Threads platform to rival Twitter. The rollout caught the eye of KeyBanc, which raised its price target on Meta to $335 from $280. Also, Ivan Feinseth from Tigress Financial, reiterated a buy rating on Meta, with a price target of $380. During Thursday's session, Meta's stock matched a 17-month high it had hit the previous day.
Persons: Jim Cramer, Ivan Feinseth Organizations: Meta, Twitter, Tigress
He also published his first article, “A Transvestite Answers a Feminist,” in the group’s newsletter — a kind of coming out. Sullivan moved to San Francisco in 1975 with his longtime partner, a cisgender man who encouraged Sullivan’s gay identity but did not see himself as gay. Sullivan’s first few years in San Francisco were difficult: He found the L.G.B.T.Q. community much larger and more diffuse than Milwaukee’s, and his relationship was collapsing amid tensions around his desire to medically transition. Walker came to rely on Sullivan’s knowledge and often sent clients to him for peer counseling.
Persons: Milwaukee’s, , Sullivan, Sullivan’s, , Steve Dain, Paul Walker, Walker Organizations: Milwaukee’s Gay People’s Union, Stanford, Dysphoria Clinic, Institute for, Janus Information Locations: San Francisco
A car bomb killed at least one person on Friday night in Russian-occupied southern Ukraine, according to Ukrainian and Russian officials, highlighting the war’s reach far beyond the front lines as Ukrainian partisans aim to undermine their occupiers. The blast occurred in Mykhailivka, a town in Ukraine’s Zaporizhzhia region. Vladimir Rogov, a Russian occupation official in the Zaporizhzhia region, confirmed the attack in a Telegram post, saying the bomb killed a “local businessman” named Sergei Didovoduk and injured two others. The attack comes as Ukrainian forces are preparing for a highly anticipated counteroffensive that analysts believe will take place in southern Ukraine. Kyiv’s troops will probably aim to sever the land routes that connect Russia to Crimea, which Moscow illegally annexed in 2014, according to analysts and Western officials.
Persons: , Ivan Fedorov, Vladimir Rogov, Sergei Didovoduk Organizations: Kremlin, Western Locations: Ukraine, Mykhailivka, Ukraine’s Zaporizhzhia, Ukrainian, Russian, Melitopol, Zaporizhzhia, Russia, Crimea, Moscow
How El Chapo’s sons built a fentanyl empire poisoning America
  + stars: | 2023-05-09 | by ( ) www.reuters.com   time to read: +23 min
Headed by Iván, El Chapo’s oldest son, the siblings have emerged as key figures in the Sinaloa Cartel, U.S. and Mexican anti-narcotics officials said. But he was killed in 2008 in Culiacán in a hail of bullets amid infighting between warring factions of the Sinaloa Cartel. The agency in April placed Iván on the list of its 10 Most Wanted Fugitives, joining Jesús Alfredo and Ismael “El Mayo” Zambada, a Sinaloa Cartel legend and El Chapo’s alleged former business partner. They also kidnapped eight soldiers and surrounded military housing where wives and children of Mexican soldiers lived, Mexican officials said. Despite that blow to the Sinaloa Cartel, fentanyl keeps flowing north.
Russian troops are trying to escape the occupied parts of Zaporizhzhia, a Ukrainian mayor reportedly said. The mayor said residents saw Russian troops dressing as civilians to join the evacuation, according to local news outlet Pravda. So, our residents report frequent cases when the Russian military personnel change into civilian clothes," the outlet reported he said. In March 2022 Fedorov was abducted by Russian forces and freed later that month, Ukrainian officials said. Galina Danilchenko, a local politician with long-held pro-Russian views, was installed as acting mayor in Fedorov's place.
But the evacuation of a town close to the Zaporizhzhia nuclear power plant has raised concerns about the facility’s stability. The plant, Europe’s largest nuclear power station, is held by Russian forces but mostly operated by a Ukrainian workforce. The plant is also significant because Ukraine relies heavily on nuclear power. On the groundOn Sunday, Ukraine’s Operation Command South spokeswoman said Russian forces were trying to exhaust Ukraine’s air defense system. Bakhmut has been the site of a months-long assault by Russian forces that has driven thousands from their homes and left the area devastated.
Fears mount of increased fighting around the contested Zaporizhzhia nuclear power plant. The UN International Atomic Energy Agency (IAEA) said the situation around the Zaporizhzhia nuclear power plant that is occupied by Russian troops was becoming critical. "The general situation in the area near the Zaporizhzhya Nuclear Power Plant is becoming increasingly unpredictable and potentially dangerous," Grossi said in a statement. Grossi said evacuations were underway in the nearby town of Enerhodar, built for workers at the Zaporizhzhia nuclear power plant, Reuters reported. He said there is a "possibility" of an "outbreak of full-scale hostilities" near the nuclear plant, saying, "We have been worrying about this nuclear power plant for more than a year.
Residents waiting for buses in Russian-controlled Mariupol, Ukraine, in December. Russian counterintelligence operatives are restricting travel in occupied areas of Ukraine, according to Ukrainian officials. KYIV, Ukraine — As Ukrainian forces step up their assaults behind enemy lines ahead of an expected counteroffensive, Russia is imposing stricter measures on civilians in occupied areas of Ukraine, Ukrainian officials say. The Ukrainian General Staff, which is responsible for the country’s overall military strategy, said “the violent abduction of pro-Ukrainian civilians” in occupied areas was continuing and that there were signs more civilians could be detained. In a reflection of the dangers facing Russian occupiers themselves, both Ukrainian and Russian officials reported an assassination attempt on the Kremlin-appointed deputy head of the Ministry of Internal Affairs on Tuesday.
Hertz results beat estimates on strong rental car demand
  + stars: | 2023-04-27 | by ( ) www.reuters.com   time to read: +1 min
April 27 (Reuters) - Hertz Global Holdings Inc (HTZ.O) on Thursday beat analyst estimates for quarterly results as more people rented cars to commute to office and travel outstation, sending the company's shares up nearly 4% before the bell. Demand for rentals remains strong as more companies mandate work from office and people resume their travel plans after a long pandemic-induced hiatus. "Hertz reported better-than-expected results as they continue to benefit from strong consumer demand for travel and the ongoing recovery in business travel," said Tigress Financial Partners analyst Ivan Feinseth. The company posted an adjusted quarterly net income of 39 cents per share for the quarter ended March 31, compared with Refinitiv IBES estimates of 21 cents. It, however, struggled with costlier maintenance and labor charges to keep its fleet on the road.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's governance problem is a growing concern: Amalgamated Bank's Ivan FrishbergIvan Frishberg, Amalgamated Bank chief sustainability officer and long-time Tesla investor, joins 'Squawk on the Street' to discuss the company's recent letter to Tesla concerning management and performance, why the bank's concerned with Tesla's workplace culture, and more.
New York CNN —A group of progressive Tesla shareholders want the company’s board of directors to make CEO Elon Musk concentrate more on one of his many jobs, that of running the EV automaker. In addition to his role at Tesla (TSLA), Musk also leads Twitter, SpaceX, the Boring Company, and Neuralink, among others. The letter says that the investors signing the letter own $1.5 billion worth of Tesla shares, which represents well less than 1% of Tesla shares. By comparison, Musk owns or has options to purchase about $118 billion worth of Tesla shares, representing 20% of the stock. “Tesla needs a board that will ensure that the CEO is focused on addressing its challenges,” said the letter.
Ukraine hit a Russian military base in the occupied south, officials said, the latest in a series of strikes to target a key Russian supply route to Crimea as Kyiv is gearing up for a spring offensive. The exiled mayor of the southern city of Melitopol, Ivan Fedorov , said Ukraine had struck the base in the nearby town of Vesele.
Blasts Hit Russia-Controlled City in Ukraine
  + stars: | 2023-04-06 | by ( Isabel Coles | ) www.wsj.com   time to read: 1 min
Explosions were heard in the Russian-occupied city of Melitopol overnight as Kyiv and its Western allies prepare for an offensive expected to begin in earnest later this spring. The city’s exiled Mayor Ivan Fedorov said a Russian base near an airfield was struck. Russian-installed occupation authorities in Melitopol said air defenses shot down six missiles fired by U.S.-supplied M142 High Mobility Artillery Rocket System or Himars. Western military analysts have said that Himars rockets probably can’t be intercepted by Russian systems.
Ukraine stepped up strikes on a Russian-occupied city in southern Ukraine that sits along a critical supply line to Crimea and is a potential prime target for Ukraine’s planned spring offensive. The exiled mayor of Melitopol, Ivan Fedorov , said a Russian base near an airfield was struck. Russian-installed occupation authorities in Melitopol said air defenses shot down six missiles fired by U.S.-supplied M142 High Mobility Artillery Rocket System or Himars. Western military analysts have said that Himars rockets probably can’t be intercepted by Russian systems.
In these tough times, investors would be well advised to find stocks that are positioned to navigate a potential economic downturn. To help with the process, here are five stocks chosen by Wall Street's top professionals, according to TipRanks, a platform that ranks analysts based on their past performance. However, the company issued conservative guidance for fiscal 2023 due to the impact of high inflation on its low-to-moderate income customers. Further, he thinks that Kontoor's fiscal 2023 outlook "will likely prove conservative." Poser raised his fiscal 2023 and 2024 earnings per share estimates, reiterated his buy rating for Kontoor Brands and increased the price target to $60 from $53.
[1/3] Models present creations by Ukrainian designer Ivan Frolov during the "Ukraine Fashion Week presents: FROLOV, KSENIASCHNAIDER, PASKAL" show during London Fashion Week in London, Britain, February 21, 2023. REUTERS/Henry NichollsLONDON, Feb 21 (Reuters) - Unable to show in their war-torn homeland, three Ukrainian fashion designers hit the runway at London Fashion Week on Tuesday, delighted to showcase some colour and joy. In the first of back-to-back shows, fashion house KSENIASCHNAIDER mixed denim jeans and dresses with white tops and multicoloured patchwork outfits in an eco-friendly collection. "I just want to say how we appreciate London Fashion Week and The British Fashion Council," he added, saying the support was vital to keep their businesses going. Keen to make sure their talent is seen, Ukrainian designers will also be showing in Berlin and Copenhagen.
Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performances. Santarelli also noted that the stock's valuation is reasonable, as the company is still in the early stages of the Macao recovery cycle. (See Wynn Blogger Opinions & Sentiment on TipRanks) Santarelli's recommendation is worthy of consideration as he ranks 26th among more than 8,000 analysts tracked by TipRanks. (See CMG Insider Trading Activity on TipRanks)Meta PlatformsSocial media behemoth Meta Platforms (META) is next on our list. Moskowitz holds the 236th position among more than 8,000 analysts on TipRanks.
Here are five stocks picked by Wall Street's top analysts, according to TipRanks, a service that ranks analysts based on their past performance. Costco recently reported better-than-anticipated net sales growth of 6.9% and comparable sales growth of 5.6% for the four weeks ended Jan. 29. Benedict's convictions can be trusted, given his 55th position out of more than 8,300 analysts in the TipRanks database. Amazon's first-quarter sales growth outlook of 4% to 8% reflects further deceleration compared with the 9% growth in the fourth quarter. Rakesh sees a "modest downside" to Wall Street's consensus expectation for the 2023 revenue growth for Amazon's retail business.
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