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☆ Morgan Stanley says stock spinoffs trounce the market, and here are some upcoming opportunities
▼ + stars: | 2023-04-28 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

"Spin-offs present investors with a unique opportunity to capitalize on unlocked and potentially underappreciated value," Morgan Stanley strategists said in a note. It found that spinoffs outperformed the market by 10% two years after deal completion, while parent companies underperformed by 8%. The spinoff index posted a 9.1% total return, compared to the S & P 500's 6.7 return during the same period. Parent companies tend to get a boost leading up to a spinoff announcement as investors speculate on the move, but the pop usually fades post-announcement, Morgan Stanley said. Morgan Stanley highlighted a slew of companies that have recently announced a spinoff plan, including Fidelity National Information , BorgWarner , Liberty Media and Danaher.

☆ EVgo shares are surging after fourth-quarter results trounce Wall Street estimates
▼ + stars: | 2023-03-30 | by ( John Rosevear | ) www.cnbc.com time to read: +3 min

U.S. Secretary of Transportation Pete Buttigieg looks at an EVgo charging station during an electric vehicles event outside of the Department of Transportation October 20, 2021 in Washington, DC. While EVgo's revenue guidance for 2023 fell slightly short of Wall Street's expectations, investors didn't seem to mind: Shares were up over 8% in premarket trading following the news. Here are the key numbers from EVgo's fourth-quarter earnings report, compared with Wall Street consensus estimates as reported by Refinitiv. Here's the guidance EVgo provided for the current year:Revenue: Between $105 million and $150 million. That revenue guidance is slightly short of Wall Street's expectations.

☆ The Bengals Trounce the Bills in an Awkward Playoff Rematch
▼ + stars: | 2023-01-23 | by ( Andrew Beaton | ) www.wsj.com time to read: 1 min

When the Buffalo Bills and Cincinnati Bengals met for a Monday night showdown during the penultimate week of this NFL season, it was one of the most hotly anticipated games on the calendar. Then the game lasted mere minutes before it was suspended and later canceled after Buffalo safety Damar Hamlin went into cardiac arrest—resulting in a frightening scene in which Hamln received emergency medical care on the field before being taken in an ambulance to the hospital.

The free food programme, however, cost the government around $47 billion, worsened the fiscal deficit and reduced wheat stocks in government warehouses to multi-year lows. The government expects to save nearly $20 billion a year by ending the COVID free food scheme. MODI TRUSTED BY VOTERSSome economists had wanted the food programme gone months ago as COVID curbs eased. Had the trust not been there, and for any other leader, it would have been difficult to end such a food programme ahead of elections." But senior BJP leader and former minister Ravi Shankar Prasad said that the decision to reduce food aid should not be linked to elections or politics.

☆ 'Dividend aristocrats' trounce the market when a recession hits — 10 names to buy now from Wolfe Research
▼ + stars: | 2022-11-28 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Investors considering the looming threat of a recession next year could snap up these "dividend aristocrats" that historically outperform in a downturn, according to Wolfe Research. What's more, these stocks typically outpace the broader market heading into and out of a recession, according to Wolfe Research. When the economy is in late deceleration, as it is now, dividend aristocrats typically return 8.9% relative to the S & P 500. Wolfe Research screened for companies that consistently grew dividends over the last 25 years, and have market caps greater than $3 billion. McDonald's has outperformed this year, and it has a 2.2% dividend yield, according to Wolfe Research.

☆ Swiss beat Canada, Czechs trounce Americans to reach BJK Cup semi-finals
▼ + stars: | 2022-11-11 | by ( Rory Carroll | ) www.reuters.com time to read: +2 min

Golubic hit back to beat former U.S. Open champion Bianca Andreescu 2-6 6-3 6-4 before Bencic beat Leylah Fernandez 6-0 7-5 to give last year's runners-up an unassailable lead. Friday's clash between the Swiss and the Canadians was effectively a group decider after both teams beat Italy. Golubic replaced Jil Teichmann and initially the switch appeared to be backfiring for the Swiss as Andreescu ran away with the opening set. Bencic then came out all guns blazing against Fernandez to race through the opening set, but the Canadian dug deep in an absorbing second set before Bencic wrapped up victory. Gauff never quite found her form in the second set, putting up 19 unforced errors as a near-flawless Siniakova never faced a break and roared with triumph after closing the affair 7-6(1) 6-1 for the 2018 champions.

☆ GOP Rep. Lauren Boebert shared a meme and said 'Jesus is Lord' as she trails her race for reelection by just 64 votes
▼ + stars: | 2022-11-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

GOP Rep. Lauren Boebert is locked in a razor-tight race for her political survival, trailing her opponent by just 64 votes. Meanwhile, Boebert shared a meme on Twitter on Thursday and said 'Jesus is Lord.' Frisch, who is a businessman and former city councilman, leads Boebert by a mere 64 votes, according to data from Insider's elections partner Decision Desk HQ. ET Wednesday night, the most recent update, Frisch leading Boebert by just .01%. But we need resources to get the ballots cured, get us through to the end, and defeat Lauren Boebert."

☆ What Netflix's earnings beat tells us about Club holding Disney
▼ + stars: | 2022-10-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Subscriber growth We think Netflix's quarter offers a positive read-through for Disney on the streaming front. That's important, even though we've argued for months that Wall Street's intense focus on Disney's streaming ambitions means the company's booming theme park business gets somewhat overlooked. Netflix brought its streaming service to over 130 countries across the world more than three years before Disney's flagship streaming service, Disney+, hit the U.S. and Canadian markets in the fall of 2019. Even in a period of decline for Netflix, Disney+ was able to keep growing solidly. Analysts expect the company to have added 9.1 million Disney+ subscribers in its fourth quarter, according to FactSet.

☆ Meet the 2 college students running a 20,000-member online investing community
▼ + stars: | 2020-08-18 | by ( Business Insider | ) www.businessinsider.com time to read: +4 min

Chances are that, regardless of how accomplished you were at that age, you weren't running a 20,000-member online community on pace for $300,000 in annual revenue. Still undergraduates at Indiana University's Kelley School of Business, the duo are responsible for creating Eagle Investors, a wildly popular Discord server designed to help fellow Gen Z day-traders perfect their craft. If you aren't yet a subscriber to Investing Insider, you can sign up here. Going beyond Eagle Investors, the Investing team at Business Insider has continued to survey and analyze the rapidly changing market landscape. — Vishu Namburi, co-founder of online investing server Eagle Investors, discussing how inexperienced many young day-traders are — something his platform is designed to help with

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