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☆ Shyne tried to tell people about Sean ‘Diddy’ Combs for years. People are finally listening
▼ + stars: | 2024-11-18 | by ( Lisa Respers France | ) edition.cnn.com time to read: +5 min

Barrow, Combs and bodyguard Anthony Jones were tried in the shooting in 2001. Combs categorically denies Mr. Barrow’s allegations, including any suggestion that he orchestrated Mr. Barrow to ‘take the fall’ or ‘sacrificed’ him by directing witnesses to testify against him. Combs appreciates the path Mr. Barrow has pursued and wishes him continued success. It is unfortunate that Mr. Barrow has chosen to revisit these allegations. “I’ve healed and I’ve forgiven, I’ve gotten over it,” Barrow said of Combs.

Persons: CNN — Moses “ Shyne ” Barrow, ”, ” Barrow, “, Sean “ Diddy ” Combs, Combs, Barrow, Combs ’, Jennifer Lopez, Anthony Jones, Jones, I’ve, Barrow doesn’t, ’, Mr, “ I’ve, ” “, Shyne Organizations: CNN, Boy Records, Diddy, Club New, ”, Representatives, Hulu Locations: Belize, ” Barrow, New York City, Barrow, New York, ’, Club New York, ‘

☆ Morgan Stanley upgrades this fintech stock, sees almost 30% upside from here
▼ + stars: | 2024-11-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Accelerating earnings growth should drive shares of Futu Holdings higher, according to Morgan Stanley. The investment bank upgraded the fintech stock to overweight from equal weight and raised its price target by $45 to $115. Specifically, the analyst pointed to substantial client asset growth in the company's third-quarter results, forecasting a year-over-year increase of 38%. Beyond that, Huang expects earnings to see year-over-year growth of 19% in both 2025 and 2026 overall. FUTU YTD mountain FUTU, year-to-date Shares rose more than 2% in the premarket on Monday following the call.

Persons: Morgan Stanley, It's, Chiyao Huang, Huang Organizations: Futu Holdings Locations: Singapore, Japan

Federal prosecutors have accused Sean “Diddy” Combs of breaking jail rules in an attempt to manipulate witness testimony and taint the potential jury pool in his case, according to a court document filed Friday. His legal team is fighting the decision to keep Combs in federal custody and has requested a new bail hearing. Prosecutors filed an opposition to the motion in the Southern District of New York, accusing Combs of engaging in obstruction even while he sits behind bars. Jane Rosenberg / ReutersAccording to prosecutors, Combs has ordered payments to fellow inmates to use their telephone accounts and has used three-way calling to contact people who are not on his approved contacts list against federal prison regulations. Ventura settled with Combs a day after the lawsuit became public, and Combs denied all of the allegations in it.

Persons: Sean “ Diddy ” Combs, Combs, “, Jane Rosenberg, Diddy, ”, Casandra Ventura, Cassie, Ventura Organizations: Detention Center, Prosecutors, of, NBC News, ” Prosecutors, MDC, ”, Homeland Security Locations: Brooklyn’s, Southern, of New York, New York City, California , New York, Florida

☆ 2024 NFL Week 11: Sunday’s standout games and what to look out for
▼ + stars: | 2024-11-17 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

CNN —Week 11 of the 2024 NFL season is here and the race for the playoff spots are beginning to heat up. ETIn any other week, a clash between two seven-win AFC North division rivals would be the standout match-up. But for us, it’s just a Week 11 for us.”Allen has won his last three regular season clashes against the Chiefs. Burrow and the offense haven’t struggled to score points this season but have had issues converting those points into wins. Sean M. Haffey/Getty ImagesFull Week 11 Sunday scheduleAway @ homeGreen Bay Packers (6-3) vs. Chicago Bears (4-5) – 1:00 p.m.

Persons: Lamar Jackson, Jackson, Derrick Henry –, Saquon Barkley, Terrance Williams, Mike Tomlin, Justin Fields, Russell Wilson, Wilson, ” Wilson, “ We’ve, Scott Taetsch, Patrick Mahomes, Josh Allen, Allen, “ You’re, ” Mahomes, “, I’ve, Josh, ”, Mahomes, Charlie Riedel, It’s, Greg Rousseau, A.J, Sean McDermott’s, they’ve, Kingsley Suamataia, Wanya Morris, Allen isn’t, we’ve, it’s, ” Allen, Andy Lyons, Joe Burrow . Burrow, hasn’t, Jim Harbaugh, – Tuli, Daiyan Henley –, Harbaugh, Jesse Minter, he’s, “ Ja’Marr Chase, Joe Burrow …, ” Minter, “ Burrow, that’s, Joe, Justin Herbert, Herbert, Sean M Organizations: CNN, Philadelphia Eagles, NFC East, Washington, Arizona Cardinals, Carolina Panthers, New York Giants, Tampa Bay Buccaneers, Baltimore Ravens, Pittsburgh Steelers, AFC North, Kansas City Chiefs, Buffalo Bills, Ravens, Acrisure, Cincinnati Bengals, NFL, AP, Steelers, Raiders, Jets, Giants, Pittsburgh, AFC, Bills, Chiefs, AFC Divisional, Denver Broncos, Kansas City, Sunday, New England Patriots, Green Bay Packers, Getty Images Cincinnati Bengals, Los Angeles Chargers, Bengals, Cincinnati, Chargers, Henley, LA, Chicago Bears, Jacksonville Jaguars, Detroit Lions, Vegas Raiders, Miami Dolphins, Los Angeles Rams, Cleveland Browns, New, New Orleans Saints, Minnesota Vikings, Tennessee Titans, Indianapolis Colts, New York Jets, Atlanta Falcons, Seattle Seahawks, San Francisco 49ers Locations: Pennsylvania, NFL.com’s, Pittsburgh, Buffalo, Los Angeles, New Orleans

☆ 3 more arrested for alleged beating near Salisbury University of man targeted for his sexual orientation
▼ + stars: | 2024-11-16 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Sean Antone, 19, Benjamin Brandenburg, 18, and Logan Clark, 19, were taken into custody a little over a week after the Salisbury Police Department announced the arrests of 12 Salisbury University students in the Oct. 15 assault. Antone was arrested by the Howard County Police Department on Nov. 7, authorities said in a news release. Brandenburg was arrested by Salisbury police on Wednesday, and Clark turned himself in to Salisbury police on Thursday. Police said they were contacted by university police on Oct. 31 about an alleged assault at an off-campus apartment complex for college-aged students. In a Nov. 7 letter, Salisbury University President Carolyn Ringer Lepre called the incident "an act of visceral hate" and said the fraternity was placed on suspension.

Persons: Sean Antone, Benjamin Brandenburg, Logan Clark, Antone, Brandenburg, Clark, Detectives, Carolyn Ringer Lepre, Steve Rakow, Riley Brister, Rakow, Ryder Baker, Bennan Aird, Cruz Cespedes, Dylan Earp, Elijah Johnson, Zachary Leinemann, Cameron Guy, Jacob Howard, Eric Sinclair, Patrick Gutierrez, Dylan Pietuszka, Lepre Organizations: Salisbury Police Department, Salisbury University, Howard County Police Department, Salisbury police, . Police, Police, Sigma Alpha Epsilon Locations: Maryland, Salisbury, Brandenburg

☆ What Trump's proposed China tariffs could mean for Apple's profits
▼ + stars: | 2024-11-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +6 min

Under a 25% tariff on goods from China, the Wall Street investment bank sees an EPS loss for Apple of 9.2%. Those estimates make Apple the fifth most vulnerable tech company to potential tariffs on goods from China in Morgan Stanley's research coverage. Bank of America analyst Wamsi Mohan agrees, seeing any tariff impact as "manageable." He sees a 60% tariff on Chinese goods possibly resulting in about a 4% hit to Apple's EPS. By contrast, Dell – which he noted looks positioned to be "most vulnerable" to tariffs – could see an EPS impact of up to about 90%, according to his model.

Persons: Donald Trump's, Tim Cook's Apple, Morgan Stanley, Erik Woodring, Trump, Tesla, –, Morgan, it's, Angelo Zino, Zino, Wamsi Mohan, Apple, Bernstein, Toni Sacconaghi, Sacconaghi, It's, BofA's Mohan, Mohan, Jason Snipe Organizations: Apple, Wall, CNBC, of, Bank of America, Dell, Odyssey Capital, Apple Intelligence Locations: China, U.S, India, Vietnam, Malaysia

☆ Sean ‘Diddy’ Combs accused of trying to influence witness testimony, jury pool from jail
▼ + stars: | 2024-11-16 | by ( Kara Scannell | David J. Lopez | ) edition.cnn.com time to read: +5 min

A review of recorded calls from the Metropolitan Detention Center revealed Combs used the telephone accounts of at least eight inmates to allegedly evade monitoring, prosecutors said. The new allegations were revealed in a court filing late Friday as federal prosecutors argue Combs should not be entitled to another bail hearing. A federal grand jury has been regularly convening in the continuing criminal investigation, CNN reported October 31, citing three sources. audience engagement — and explicitly discussed with his family how to ensure that the video had his desired effect on potential jury members in this case,” prosecutors said. Combs’ inability to follow the rules in federal custody suggests he wouldn’t abide by any bail conditions set by the judge, prosecutors said.

Persons: Sean “ Diddy ” Combs, Combs, ”, Arun Subramanian, they’ve, ” Combs, —, cosigned Organizations: CNN, Metropolitan Detention, MDC, Prosecutors Locations: Brooklyn, Subramanian

Trump wants Gaetz confirmed “100%,” a source told CNN. He also believes Gaetz is uniquely positioned to defend the Trump administration on television, an attribute prioritized by the president-elect. Trump’s pick for deputy attorney general — his defense attorney Todd Blanche — will carry out the day-to-day work of overseeing the Justice Department’s more than 40 agencies and 115,000 employees. In recent days, Gaetz has been reaching out directly to Republican senators, according to a source familiar with the efforts. The Democratic-controlled Judiciary Committee formally requested the House Ethics Committee report already, but Democrats will lose control of the committee in January.

Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, ” Trump, Trump’s, Todd Blanche —, Justice Department’s, ” Gaetz, “, ”, Sean Spicer, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, Kennedy, Sen, Lisa Murkowski, Susan Collins of Maine, Joni Ernst, “ He’s, North Dakota Sen, Kevin Cramer, Kevin McCarthy, Oklahoma Sen, Markwayne Mullin, CNN’s Manu Raju, ” Mullin, Mullin, Mike Johnson, Mike Rounds, John Cornyn of, ” Rounds, Chuck Grassley, Grassley, John Thune, Thune Organizations: CNN, Department, Senate, Justice Department, Trump, Justice, Fox News, Hawaii Rep, Republican Senate, Republicans, Republican, North Dakota, Democratic, GOP Locations: Florida, Alaska, Iowa, Oklahoma, John Cornyn of Texas

☆ Taco Bell CEO says avoiding this mistake sets successful people apart from most: You have to ask the 'right questions'
▼ + stars: | 2024-11-15 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

Taco Bell CEO Sean Tresvant credits his leadership success, at least partially, to one piece of advice: "Don't try to be a black belt in everything." "Be a black belt in marketing, and be a brown belt in everything else," Tresvant, who previously held marketing executive roles at Taco Bell, Nike and Sports Illustrated, told LinkedIn's "This is Working" podcast last week. Tresvant received that advice in January upon becoming CEO of Taco Bell — which is owned by fast food giant Yum! Instead of believing he has all the answers, he tries to ask the "right questions" to team members who have expertise that he doesn't, he noted. "I understand I'm not a CFO, but I have a great CFO who can lead the [financial side of the] business."

Persons: Sean Tresvant, you'll, Tresvant, Taco, LinkedIn's, Taco Bell, I'm Organizations: Taco Bell, Nike, Sports, Taco, Brands

☆ Stocks making the biggest moves midday: Palantir, Moderna, Ulta Beauty, Alibaba and more
▼ + stars: | 2024-11-15 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. Ulta slipped nearly 3% after Berkshire Hathaway revealed in a regulatory filing that it had sold around 97% of its shares, nearly dissolving its position in the beauty retailer. Berkshire had just bought the stock in the second quarter, making Ulta a relatively new bet. However, the company beat expectations on both lines in the fourth fiscal quarter and issued positive guidance for adjusted earnings per share.

Persons: Donald Trump, Robert F, Kennedy Jr, Eli Lilly, Warren Buffett, Berkshire Hathaway, Ulta, — CNBC's Sean Conlon, Alex Harring, Jesse Pound, Hakyung Kim, Lisa Han Organizations: Global pharma, Moderna, Pfizer, GSK, Novo Nordisk, Nasdaq, Securities and Exchange Commission, Super, New York Stock Exchange, Corp, Berkshire, Pool Corp, AST, Materials, LSEG Locations: China, Domino's, Berkshire

☆ COP29: Azerbaijan’s leader takes a wrecking ball to climate talks as calls mount for a total ‘overhaul’
▼ + stars: | 2024-11-15 | by ( Angela Dewan | ) edition.cnn.com time to read: +6 min

CNN —From the moment the US election results rolled in, climate leaders knew Donald Trump would be a blow to the COP29 talks in Baku. Amid the chaos, prominent global climate leaders on Friday issued an open letter calling for a “fundamental overhaul” of the entire UN climate process. COP29 marks the third year in a row that the climate talks have been held in either a petrostate, or economy that relies heavily on oil and gas. World leaders and delegates pose for a "family photo" on day two of the COP29 talks. Sean Gallup/Getty ImagesThe geopolitical chaos comes as global climate leaders scramble to find ways to Trump-proof progress so far, as the president-elect has vowed to again pull the US out of the Paris Agreement.

Persons: Donald Trump, Ilham Aliyev, Sandrine Dixson, —, ”, Alex Scott, they’re, ” Aliyev, Aliyev, Agnès, Joseph Borrell, Azerbaijan’s COP29, Joe Biden, Emmanuel Macron, Ursula von der Leyen didn't, Sean Gallup, Trump, Gerardo Werthein, “, Javier Milei’s Organizations: CNN, The, of Rome, United Arab, Getty, New York Times Locations: Baku, United Arab Emirates, Egypt, Italy, Paris, France, Netherlands, New Caledonia, Azerbaijan, Armenia

☆ Goldman initiates a buy rating on this one-time pandemic stock darling, sees more than 50% upside
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

A number of catalysts could drive gains for Teladoc Health in the coming months, according to Goldman Sachs. Analyst David Roman initiated coverage on the name with a buy rating, and his price target of $14 implies 56.3% upside from Thursday's close. Looking ahead to next year, he anticipates that the virtual health care company's results will be driven by slightly better-than-expected top-line growth in its Integrated Care segment. But that didn't quite come to fruition as the pandemic eased with patients returning to in-person visits and larger health care players developing their own telehealth solutions. Among the 27 analysts covering it, only six in total have a strong buy or buy rating.

Persons: Goldman Sachs, David Roman, Roman Organizations: Teladoc Health

☆ Bank of America says Trump's win will unlock small-cap M&A and these stocks may be takeover candidates
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

President-elect Donald Trump's White House victory could boost merger and acquisition activity, and Bank of America thinks a group of small-cap stocks may benefit as target candidates. Financial services company Bread Financial Holdings turned up, having a float of 98% of shares outstanding and three-year sales growth of 28%. The biopharmaceutical company has a float of 99% and three-year sales growth of 105%. Commercial Metals Company also showd up on BofA's screen as a potential target. Commercial Metal's three-year sales growth was 18%.

Persons: Donald Trump's, Russell, that's, Lina Khan, Jill Carey, Irving, steelmaker Organizations: Bank of America, Dow Jones Industrial, Republican, House, Senate, Trump, FTC, GOP, Financial, Bread Financial Holdings, Halozyme Therapeutics, Commercial Metals Company Locations: Columbus , Ohio, Diego, Texas

☆ Piper Sandler sees 50% upside for this renewable energy play cashing in on the AI data center power trend
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Bloom Energy may be due for massive gains on the heels of its recent supply agreement with American Electric Power , according to Piper Sandler. Analyst Kashy Harrison upgraded the stock to overweight from neutral and raised his price target by $10 to $20. BE YTD mountain BE, year-to-date On Thursday, Bloom Energy announced that it reached an agreement with AEP to power artificial intelligence data centers and supply up to 1 gigawatt of its products. The company also said that AEP has ordered 100 megawatts of fuel cells, with more orders expected next year. "Given the endorsement of BE's technology from a large utility, agreements with other large players could materialize."

Persons: Piper Sandler, Kashy Harrison, it's, Harrison, Aman Joshi Organizations: Bloom Energy, American Electric Power, BE, AEP

☆ Inside the Goldman Sachs marketing push that has some execs perplexed
▼ + stars: | 2024-11-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +14 min

AdvertisementTop Goldman officials denied any plans to cut Carter's department and said she had upgraded Goldman's marketing capabilities. "It sounds like a few people have a quaint understanding of marketing at Goldman Sachs," a Goldman spokesman, Tony Fratto, said. They turned to the consulting giant McKinsey, which recommended Goldman increase its marketing budget and hire a chief marketing officer, these people said. Related storiesAs AT&T's chief brand officer, Carter handled sports sponsorships, advertising, and diversity messaging in a division headed by the telecom giant's global marketing officer, Lori Lee. PATRICK T. FALLON/AFP via Getty ImagesIn recent weeks, Goldman's marketing team has suffered more departures.

Persons: Goldman Sachs, Goldman, Fiona Carter, Carter, David Solomon's, Solomon, Tony Fratto, It's, Goldman dealmaker, —, John Waldron, Lori Lee, Robert De Niro, Katie Holmes, John Rogers, Waldron, Rogers, Fratto, Sean Zanni, Jake Siewert, Maria dal, speechwriting, Dal Pan, Goldman Sachs SAUL LOEB, Matt Gibson, David Solomon, PATRICK T, FALLON, Jason Hill, snagging, There's, Russell Horwitz, Goldman's, Horwitz, " Horwitz, Emmalyse Brownstein, Reed Alexander Organizations: Goldman, Business, Forbes, McKinsey, T's, Hollywood, Tribeca Film, Goldman's New, BI, AFP, Formula One United, Prix, Getty, White Locations: Sachs, Goldman's, Goldman's New York City, Formula One United States, Austin , Texas, York City

☆ The election proved the media is in crisis. Here’s what it needs to do to regain its relevance
▼ + stars: | 2024-11-14 | by ( Brian Stelter | ) edition.cnn.com time to read: +11 min

What can news outlets do to regain trust and appeal to new audiences without alienating existing readers and viewers? For the past week, CNN’s media team has been receiving feedback from readers of the Reliable Sources newsletter. Mainstream media outlets have been losing public trust for decades, particularly among Republicans, but also among Democrats and independents. Maybe, CNN’s Donie O’Sullivan commented last week, the media collectively spent “too much time obsessing about polling (where did that get us?) As long as President-elect Donald Trump keeps repeating lies and raising controversies, the press will be seen as a hostile force by many Trump voters.

Persons: New York CNN — Donald Trump’s, Kamala Harris, “, ”, Greg Gutfeld, Sean Hannity, ” Elon Musk, Harris, Donie O’Sullivan, MAGA, it’s, TheWrap’s Sharon Waxman, Donald Trump, They’re, Joe Rogan’s, Charlie Warzel, Rachel Karten, “ Trump, Tim Graham, Arlie Russell Hochschild, Vox, Lulu Garcia, Navarro, Buck, Richard Stengel, Andrew Morse, “ It’s, Will Bunch, there’s Organizations: New, New York CNN, ” Fox, Trump, Media, ABC News, Nielsen, CNN, News, Civic Health, Media Research Center, ” New York Times, Atlanta, Philadelphia Locations: New York, Washington, York, U.S

☆ Stocks making the biggest moves midday: Tapestry, Capri, Disney and more
▼ + stars: | 2024-11-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Disney — The media stock popped 6% on stronger-than-expected earnings and guidance, aided by growth in its streaming business. Capri , Tapestry — Both luxury apparel stocks rose after the companies called off their planned merger , citing regulatory hurdles. Cisco Systems — The cybersecurity stock fell 2.1%. Ibotta said it expects fourth-quarter revenue to range between $100 million and $106 million, versus a FactSet estimate of $110.3 million. CNH Industrial — Shares rose more than 6% after Greenlight Capital's David Einhorn revealed at CNBC's Delivering Alpha conference that he took a medium-sized position in the agricultural equipment company.

Persons: Charles Schwab —, Charles Schwab, Ancora, Campbell, Piper Sandler, Ibotta, Greenlight Capital's David Einhorn, —, Jesse Pound, Pia Singh, Alex Harring, Hakyung Kim, Sean Conlon Organizations: Disney, Amazon, ASML, Cisco Systems, Wall, Revenue, Norfolk Southern, American Airlines —, Barclays, Alpha, Advance Locations: Capri

☆ An under-the-radar Trump trade that will benefit from pro-crypto stance and deregulation
▼ + stars: | 2024-11-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

"But SQ has also come under regulators' scrutiny (FinCen, CFPB) recently around its Cash App and Afterpay businesses. The president-elect has taken a pro-crypto stance during his time on the campaign trail , pledging to ensure that the federal government does not sell off its bitcoin holdings. A more favorable regulatory environment could also spell gains for Visa , which has rallied around 19% this year, according to Bernstein. "While it is unlikely that the DOJ pulls the case, it's possible that President-elect Trump names a more pro-business Head, who might be more amenable to a weaker settlement with Visa." That stock has seen the biggest year-to-date gains of the three, rising around 24%.

Persons: Donald Trump's, Bernstein, Harshita Rawat, Rawat, Trump, Gary Gensler Organizations: U.S . Securities, Exchange, Visa, Department of Justice, DOJ, Trump, Mastercard, Discover Financial

☆ Why the Chiefs love Steve Spagnuolo: Exotic blitzes, tough love and home cooking
▼ + stars: | 2024-11-13 | by ( Dan Pompei | ) www.nytimes.com time to read: +14 min

— Before dawn on a fall Friday, Steve Spagnuolo enters the Kansas City Chiefs facility with a large aluminum pan. “He was,” Spagnuolo says, “a man of character.”AdvertisementEgsegian and Spagnuolo had long talks on bleacher benches after practices. Steve and Maria Spagnuolo make Chiefs defenders feel like family. “Steve loves the fellas and likes to show them.”They bring Greek food to Chiefs defensive end George Karlaftis, a native of Athens. Jones has called Spagnuolo a father figure, as have Reid, Sneed and others.

Persons: Steve Spagnuolo, Maria, Price, Steve, Spagnuolo, Richard Egsegian, Egsesian, ” Spagnuolo, “, Egsegian, Andy Reid, Reid, Jim Johnson, Les Frazier, Maria Spagnuolo, Dan Pompei, Michael Strahan, ” Strahan, Tom Brady, “ He’s, ” Brady, ”, Kevin Demoff, ” Demoff, “ I’ve, Jeffrey, Crissy, Quintin Mikell, Spagnoulo, Mikell, Angelina Damiani, Jesus, ” Maria, “ Steve, George Karlaftis, ” Karlaftis, L’Jarius Sneed, don’t, Chris Jones, Jones, Justin Reid, Nick Bolton, Sneed, Bryan Cook, he’s, Strahan, ” Sneed, ‘, ’, Cook, ” Cook, meekly, He’ll, ” Jones, Sean Payton, Will, Patrick Mahomes, Tony Baker, Baker, “ crams, Tershawn Wharton, Cram, Dan Goldfarb, Kevin C, Cox Organizations: KANSAS CITY, Kansas City Chiefs, Chiefs, Aldi, NFL, Coaches, Grafton High School, Volkswagen, University of Massachusetts, Patriots, Springfield College, World League, Eagles, Giants, Spagnuolo’s Giants, Fox, Louis Rams ’, Rams, Los Angeles Rams, Titans, Pro Football Hall of Fame, America, “ Fox NFL, Bowl, Kansas City, Nguyen, Saints Locations: KANSAS, Mo, Cosentino’s, Grafton , Mass, Spagnuolo, Philadelphia, West Philly, Athens, Cook’s, Cook, Kansas, Maria

☆ Why Builders Are Renting Out New Houses Instead of Cutting Home Prices
▼ + stars: | 2024-11-13 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

Builders, meanwhile, are luring buyers with some perks but are barely budging on prices. That's partly because these companies have another place to turn: the rental market. Opportunistic investors — mostly small and midsize players, who own the vast majority of single-family rentals in the country — are happy to oblige. Builders have also started developing entire communities of single-family homes to be rented out rather than sold, a strategy known as build-for-rent. Their embrace of the rental market says more about the obstacles for buyers than for builders.

Persons: homebuilders, John Burns, Keith Hughes, —, Horton, Don Mullen, they've, Adam Stern, Sean Morgan, Alex Offutt, Ray Sturm, Sturm, Selma Hepp, It's Organizations: John Burns Research, Consulting, Builders, John, Houston, Owners, SFR, Sun, Dallas, Local, Business Purpose, Offutt Locations: Tampa , Florida, Carolinas, Nashville, Horton

☆ BTIG upgrades this running shoe manufacturer, sees more than 20% upside
▼ + stars: | 2024-11-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

On Holding's momentum shows no signs of slowing, according to investment firm BTIG. Analyst Janine Stichter upgraded the running shoemaker to buy from neutral and set her price target at $64, which implies 21.6% upside from Tuesday's close. "Wholesale sell-through remains strong, and our checks at run specialty suggest continued share gains, which we see ultimately flowing back to [direct-to-consumer]." Stichter's call joins 18 other strong buy or buy ratings among analysts on the Street covering the name, while the remaining four have taken a neutral stance, per LSEG. Its average target of $52.93 also reflects marginal upside ahead.

Persons: Janine Stichter, Stichter Organizations: Wall Locations: Swiss

☆ UBS upgrades 3M to buy, says shares can rally more than 40%
▼ + stars: | 2024-11-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

3M is poised to see a return to steady growth in the months ahead, according to UBS. The bank raised its rating on the stock to buy from neutral and hiked its price target to $184 from $130, reflecting more than 41% upside. Mehrotra said the company could see 40% earnings growth by 2028 if the CEO is successful in his efforts. Mehrotra is among the 10 analysts on Wall Street who have a strong buy or buy rating on the name, per LSEG. The average price target of $144.74 implies around 11% upside.

Persons: Amit Mehrotra, William Brown, Mehrotra Organizations: UBS, MMM, Wall Locations: repurchases

☆ Scientists warn that a key Atlantic current could collapse, among other climate tipping points
▼ + stars: | 2024-11-12 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

Among other findings, it warns that several key climate tipping points appear more likely to be reached than previously thought. Ice loss from the Thwaites Glacier, also known as the “Doomsday” glacier because its collapse could precipitate rapid Antarctic ice loss, may be unstoppable. These are just a few of the stark findings from more than 50 leading snow and ice scientists, which are detailed in a new report from the International Cryosphere Climate Initiative. The report highlights a shift in consensus: Scientists once thought tipping points — like the collapse of AMOC — were distant or remote possibilities. Even if they were on track, those commitments are insufficient to reach global climate goals, the authors say.

Persons: it’s, ”, Helen Findlay, “, AMOC, Julie Brigham, We’ve, Sean Gallup, ” Findlay, Mukhtar Babayev, Donald Trump, Trump, Joe Biden, Peter Neff, there’s, ” Neff Organizations: Initiative, Southern Hemisphere, Plymouth Marine Laboratory, Copernicus, ESA, United Nations, University of Massachusetts Amherst, Getty, ”, University of Minnesota Locations: Venezuela, Atlantic, Europe, England, Iceland, Alaska, Asia, Baku, Azerbaijan, Paris, Ilulissat, Greenland, U.S

Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.

Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, ”, Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, “, ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid

☆ Strategist: A 10-year treasury sell-off will do 'most damage' to stock markets
▼ + stars: | 2024-11-12 | 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 EmailStrategist: A 10-year treasury sell-off will do 'most damage' to stock marketsSean Darby of Mizuho Securities says the strong disinflation story in the U.S., led by Chinese imports and falling crude oil prices, will be threatened by Trump's proposed tariffs. He says higher inflation expectations would lead to a rise in U.S. bond yields.

Persons: Sean Darby Organizations: Mizuho Securities Locations: U.S

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