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With the end of another earnings season in sight, Wall Street's attention has turned to Washington and the debt ceiling deadline. Republican negotiators on Friday walked out of talks on raising the debt limit , abruptly ending a positive week of discussions that appeared to be leading toward a deal. Democrats and the White House have been pushing for a "clean" hike to the debt limit that would push the next deadline past the 2024 presidential election, while Republicans are pressing for spending cuts. Many investors believe this ongoing game of chicken over the debt limit is largely for show, since the U.S. has never defaulted on its debt obligations. U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy (R-CA) and other congressional leaders in the Oval Office at the White House in Washington, U.S., May 9, 2023.

☆ Foot Locker slumps as weak demand, heavy discounts drive annual outlook cut
▼ + stars: | 2023-05-19 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +2 min

May 19 (Reuters) - Foot Locker Inc's (FL.N) shares closed down 27% on Friday as the footwear retailer cut its annual sales and profit forecasts amid a sharp drop in demand and a hit from heavy discounts aimed at clearing excess inventories. The company also missed analysts' estimates for first-quarter results and named former Kohl's Corp (KSS.N) executive Mike Baughn as its new finance chief, effective June 12. Foot Locker doubled down on discounts to drive demand, which coupled with an increase in theft-related inventory losses led to a 400-basis point hit to the company's quarterly gross margins. Foot Locker now expects full-year comparable sales to fall between 7.5% and 9.0%. The company also forecast annual adjusted per-share earnings between $2.00 and $2.25, compared with its previous outlook of $3.35 to $3.65.

DHAKA, May 18 (Reuters) - Apparel makers in Bangladesh are considering rare bulk exports by air to Europe and the United States, as they race to meet deadlines and avoid cancellations after a cyclone delayed shipments, caused power cuts and disrupted production. Bangladesh, the world's second-largest garment exporter, has already been hit by weakening global demand, with exports falling in both March and April. Another garment owner who supplies H&M said some of his shipments had been delayed. Power cuts in the last two months, first due to a scorching heatwave, and then the cyclone, have put more stress on apparel companies. "Now there are also chances of missing orders for the next season, as we are struggling to provide samples on time due to the regular power cuts," Ehsan said.

☆ Here's why Covid vaccines will still be free for uninsured Americans as public health emergency ends
▼ + stars: | 2023-05-12 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

Vanessa Leroy | Bloomberg | Getty ImagesBut the vast majority of Americans will not have to pay out of pocket for Covid vaccines even after the federal government's stockpile runs out. Insured Americans will be able to access Covid shots as part of their coverage, without having to pay out of pocket. Under the arrangement, the CDC will continue to purchase Covid vaccines at a discount and distribute them through 64 state and local health departments. That HHS effort will leverage the "public commitments" by drug manufacturers to provide free Covid vaccines and treatments to uninsured people. Pfizer and Moderna have not said whether they would supply free shots to pharmacies.

☆ Here are Friday's biggest analyst calls: Apple, Coinbase, Western Alliance, Playboy, SolarEdge & more
▼ + stars: | 2023-05-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley said Apple is "delivering under pressure" after its earnings report on Thursday. Guggenheim upgrades Portillo's to buy from neutral Guggenheim said it sees multiple expansion for the restaurant chain. Goldman Sachs downgrades Atlassian to neutral from buy Goldman said the company's "cloud transition [is] likely taking longer than expected." UBS upgrades Shopify to neutral from sell UBS said in its upgrade of Shopify that it sees revenue upside. Jefferies initiates Playboy Group as buy Jefferies said it sees "significant upside" for the adult themed global media and lifestyle company.

☆ Here are Tuesday's biggest analyst calls: Meta, Tesla, Amazon, Nike, Hasbro, First Republic & more
▼ + stars: | 2023-04-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Citi upgrades Squarespace to buy from neutral Citi said it sees an "improved growth outlook" for the website hosing company. Citi reiterates Netflix as buy Citi said it sees more upside in shares of Netflix. Credit Suisse upgrades Zebra Technologies to outperform from neutral Credit Suisse upgraded the computer technology company due to Zebra' s strength in Europe. Credit Suisse reiterates Amazon as outperform Credit Suisse said it's standing by shares of Amazon heading into earnings later this week. Citi reiterates Meta as buy Citi said it's staying bullish heading into Meta earnings on Wednesday. "

☆ How Timberland, Vans, VF Corp. are making sure their cotton isn't 'greenwashed'
▼ + stars: | 2023-04-15 | by ( Kaitlin Balasaygun | ) www.cnbc.com time to read: +9 min

In this article VFC Follow your favorite stocks CREATE FREE ACCOUNTSmallholder Farmers Alliance purchase of organic cotton from farmer member. But the focus quickly moved to regenerative agriculture, a practice more activist shareholders are pressing with big consumer companies. "Regenerative agriculture is really important to Timberland and VF because it's about restoring the soil," said Atlanta McIlwraith, Timberland's director of social impact and activation. watch nowVF Corp's efforts with regenerative cotton in Haiti come at a time of growing pressure from consumers for companies to adopt more sustainable practices. So, we tackle the problem from its roots, which is environmental degradation in the country," said Timote Georges, executive director and co-founder of Smallholder Farmers Alliance.

☆ Here are Friday's biggest analyst calls: Amazon, VF Corp, Deere, Netflix, Rivian, Nvidia & more
▼ + stars: | 2023-04-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating on the stock. "Our Buy rating is based on: 1) positive feedback from our proprietary Sleep survey that points to healthy underlying US volumes, 2) lingering pent-up demand due to US staffing shortages." William Blair reiterates Charles Schwab as outperform William Blair said it's standing by its outperform rating on the stock heading into earnings next week. Barclays reiterates Disney as equal weight Barclays said it sees slowing streaming growth heading into Disney earnings in early May. " Stifel reiterates Microsoft as buy Stifel said it's standing by its buy rating on Microsoft heading into earnings later this month.

☆ This clothing stock can jump more than 20% on new products, strong management strategy, Goldman Sachs says
▼ + stars: | 2023-04-14 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Goldman Sachs thinks VF Corp 's latest strategic moves will boost the stock. The firm double upgraded the parent company of Vans and The North Face to buy from sell with a new price target of $27 per share. "Looking ahead, we believe strategic initiatives now in place to improve execution will drive relative outperformance in the stock," Roach said. Budrul Chukrut | LightRocket | Getty ImagesGoldman Sachs thinks VF Corp 's latest strategic moves will boost the stock. VF Corp VFC ANALYST CONSENSUS 22 Ratings Hold 2 Strong Buy 2 Strong Buy 5 Buy 5 Buy 11 Hold 11 Hold 4 Underperform 4 Underperform 0 Sell 0 Sell 38.00 Highest Price Target Upside (32.22%) 28.85 Average Price Target 18.00 Lowest Price Target

☆ Jim Cramer's top 10 things to watch in the stock market Friday: Stocks stumble, again
▼ + stars: | 2023-02-10 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

RL (RL) gets price target increase at $135 per share from $115 at Credit Suisse. Bank of America lowers price target on Mattel (MAT) to $21 per share from $26. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Stifel upgrades VF Corp after dividend cut, says apparel stock is at an attractive entry point
▼ + stars: | 2023-02-10 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to consider shares of VF Corp . after its recent dividend cut, according to Stifel. Analyst Jim Duffy upgraded VF Corp. shares to buy from hold, saying the stock looks compelling after investors sold it in the wake of a dividend cut. "The dividend cut and resulting dislocation in shares present an attractive entry point and we recommend capitalizing on elevated volume to build positions. VF shares added 1.8% in Friday premarket trading. VFC 5Y mountain VF Corp shares have been on the decline for the past three years.

☆ Here are Friday's biggest analyst calls: Tesla, Target, Micron, Walmart, Lyft, Affirm, Roku & more
▼ + stars: | 2023-02-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America downgrades Deutsche Bank to underperform from neutral Bank of America said it sees waning profitability for the European banking giant. Jefferies reiterates Walmart as buy Jefferies said it's standing by its buy rating on the stock heading into earnings later this month. Guggenheim reiterates Target as buy Guggenheim says it's standing by shares of the e-commerce giant heading into earnings later this month. Oppenheimer reiterates Roku as outperform Oppenheimer said it's standing by its outperform rating on shares of Roku. Bank of America initiates Freyr Battery as buy Bank of America said it sees an attractive risk/reward for the battery company. "

☆ 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.

☆ 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.

☆ The 10 biggest losers in the S&P 500 this year have erased $1.6 trillion in market value
▼ + stars: | 2022-12-27 | by ( Carla Mozée | ) www.businessinsider.com time to read: +9 min

In a losing year for US stocks, here are the 10 biggest percentage decliners on the S&P 500. The 10 largest S&P 500 stock losers wiped out $1.6 trillion in market value. The 10 S&P 500 companies that have experienced the largest stock-price declines heading into the end of 2022 have wiped out a combined market value of more than $1.6 trillion. PayPalTicker: PYPLYTD Performance: -63.4%Market Value Decline: $142.49 billionLike many tech companies, the digital payments processor is seeing a slowdown after a pandemic boom. Photo by George Frey/Getty ImagesTicker: GNRCYTD Performance: -73.8%Market Value Decline: $16.6 billionMass COVID lockdowns helped sparked big demand for backup generators as people worked and studied at home.

U.S. consumer confidence rebounded in December as inflation retreated and the labor market remained strong, while 12-month inflation expectations fell to 6.7%, the lowest since September last year. Nike Inc (NKE.N) jumped 13.7% after reporting its best quarterly revenue growth in more than a decade, barring one quarter, and beat profit expectations on strong holiday demand from North American shoppers. Consumer discretionary stocks (.SPLRCD) led gains among the major S&P 500 (.SPX) sectoral indexes, while financial shares (.SPSY) also gained. Nike peers Lululemon Athletica Inc (LULU.O), Under Armour Inc (UAA.N) and Vans sneaker maker VF Corp (VFC.N) rose between 1.3% and 2.8%. Energy stocks (.SPNY) also rose tracking higher oil prices after data suggested a larger-than-expected draw in U.S. crude stockpiles.

☆ Wall Street eyes higher open on strong Nike earnings
▼ + stars: | 2022-12-21 | by ( Shubham Batra | ) www.reuters.com time to read: +3 min

SummarySummary Companies Nike jumps on strong second-quarter resultsFedEx soars on cost-cutting planConsumer confidence, home sales data due at 10 a.m. Wall Street's main indexes closed slightly higher on Tuesday, following early losses as Treasury yields jumped after the Bank of Japan's surprise monetary policy tweak. Fears of a recession following the U.S. central bank's prolonged interest rate hikes have weighed heavily on equities since its policy meeting last week, despite signs of cooling inflation. Other data expected through the week on core inflation and the labor market will likely determine the future course of interest rate hikes by the Fed. Market volumes are expected to decline this week before the Christmas and New Year holidays amid low participation.

☆ Wall St slides as services data spooks investors about Fed rate hikes
▼ + stars: | 2022-12-05 | by ( David French | ) www.reuters.com time to read: +4 min

Broadly, indexes suffered as data showed U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more evidence of underlying momentum in the economy. Investors see an 89% chance that the U.S. central bank will increase interest rates by 50 basis points next week to 4.25%-4.50%, with the rates peaking at 4.984% in May 2023. The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest a multi-decade rise in inflation with record interest rate hikes. "Stock Exchange" is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, U.S., March 29, 2021. Although bank profits are typically boosted by rising interest rates, they are also sensitive to concerns about bad loans or slowing loan growth amid an economic downturn.

☆ The Dow could actually end the year in the green
▼ + stars: | 2022-11-28 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

It would be a stunning comeback if the Dow reclaims all its lost ground and finishes the year in positive territory. As recently as mid-October the Dow was in bear-market territory for 2022, down more than 21%. Top industrial stocks in the Dow such as Boeing (BA), Caterpillar (CAT) and Honeywell (HON) have surged. (owner of The North Face and Vans), IBM (IBM) and 3M (MMM), is actually up 1% this year. There were several times when the stock market came back and then went back down,” said John Duffy, co-founder of Trending Stocks.

☆ Dow tumbles 500 points but could actually end the year in the green
▼ + stars: | 2022-11-28 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

New York CNN Business —Most of 2022 has been pretty dismal for investors, and Monday was no exception: The Dow fell about 500 points, or 1.5%, Monday. The Dow enjoyed its best month in nearly a half-century in October and it’s up nearly another 3% in November. It would be a stunning comeback if the Dow reclaims all its lost ground and finishes the year in positive territory. Top industrial stocks in the Dow such as Boeing (BA), Caterpillar (CAT) and Honeywell (HON) have surged. The S&P 500 and Nasdaq are still pretty deep in the red for 2022, off 17% and almost 30% respectively.

☆ Earnings are off to a surprisingly decent start. Next week is the big test for tech
▼ + stars: | 2022-10-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. That inverse correlation between bond yields and stocks was powerful enough to trump positive earnings reports. Looking back On the earnings front, we got results from Johnson & Johnson (JNJ), Procter & Gamble (PG), and Danaher (DHR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

An advisory committee to the Centers for Disease Control and Prevention voted Thursday in favor of adding the Covid vaccine to the recommended immunization schedule for children and adults. The decision to officially add Covid vaccination to the schedule now goes to the CDC. The recommended immunization schedule is not a vaccine mandate. For example, the CDC added the HPV vaccine to the recommended schedule in 2006. The CDC's recommended vaccination schedule also provides guidance to insurance providers, which tend to cover vaccines on the list.

☆ Jim Cramer goes over the best and worst Q3 performers in the S&P 500
▼ + stars: | 2022-10-11 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

In this article CEGENPHETSYNFLXBIIBVFCCTLTLUMNFDX Follow your favorite stocks CREATE FREE ACCOUNTwatch nowCNBC's Jim Cramer on Tuesday gave his take on the winning and losing stocks in the S&P 500 during the third quarter. WinnersZoom In Icon Arrows pointing outwardsConstellation Energy Cramer said that the company is "perfectly crafted" for the ESG movement. Netflix The company's stock should be able to continue gaining if Netflix doesn't botch the launch of its ad-supported tier, he predicted. Biogen Cramer said he has faith in the company's Alzheimer's drug, though he believes Eli Lilly's will be better. VF Corp Cramer said he has no faith in the apparel stock's ability to rally in the current inflationary environment.

☆ What Cramer is watching Thursday — September to forget and dueling Apple notes
▼ + stars: | 2022-09-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Credit Suisse lowers price target on Club holding Constellation Brands (STZ) to $277 per share from $292, without any real reason. Citi cautious on Alibaba (BABA), cuts price target $146 per share from $159. Credit Suisse cuts Paychex (PAYX) price target to $138 per share 150, even though they raised the estimates. Starts with a buy and a $65 per share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Adidas сообщила о возможной продаже Reebok
▼ + stars: | 2020-12-15 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Немецкая компания по производству спортивной одежды, обуви и аксессуаров Adidas AG сообщила, что может продать бренд Reebok. Эти стратегические альтернативы включают в себя как потенциальную продажу Reebok, так и то, что Reebok останется частью компании», — сообщили в Adidas AG. Окончательное решение о судьбе Reebok компания объявит 10 марта 2021 года, когда будет представлена новая стратегия Adidas. По информации Manager Magazin, гендиректор Adidas Каспер Рорстед надеялся продать Reebok примерно за €2 млрд. Во втором квартале продажи бренда Reebok упали на 42%, Adidas — на 33%, пишет Bloomberg.

Persons: Каспер Рорстед, Рорстед Organizations: Reebok, Adidas AG, Adidas Reebok, Adidas, Bloomberg, International Group Holdings, Adidas Reebok €

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