DIRS.INFO The most relevant business & tech news

☆ Moderna shares rise on better Covid vaccine outlook despite sharp drop in sales
▼ + stars: | 2023-08-03 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

Shares of Moderna rose Thursday after the biotech company hiked its full-year outlook for its Covid vaccine, its only marketable product, despite reporting a quarterly loss and sharp drop in revenue. But Moderna hopes to end the sales slump on strong demand for its updated Covid vaccine targeting the omicron subvariant XBB.1.5. The forecast includes around $4 billion in previously announced Covid vaccine purchase agreements and $2 billion to $4 billion in "signed and anticipated" contracts in the U.S. and other markets. Pfizer on Tuesday warned that Covid shot sales in the commercial market are uncertain, adding that vaccination rates will help the company better predict sales for 2023 and beyond. ET, which will likely provide more updates on its upcoming Covid vaccine rollout and drug pipeline.

Persons: Novavax haven't, Mandy Cohen Organizations: Moderna, Pfizer, Novavax, Food and Drug Administration, NPR, Merck Locations: U.S, Union, Massachusetts, Covid

☆ Live updates: Trump indicted in special counsel's 2020 election interference probe
▼ + stars: | 2023-08-02 | by ( Aditi Sangal | Leinz Vales | ) edition.cnn.com time to read: +2 min

In November 2021, Chutkan forcefully rejected Trump’s attempts to block the House select committee investigating January 6 from accessing more than 700 pages of records from his White House. “Presidents are not kings, and Plaintiff is not President,” Chutkan wrote in her ruling. At a December 2021 sentencing hearing, she looked ahead to the 2024 election, saying that “every day we are hearing about reports of anti-democratic factions, people plotting potential violence in 2024." … He went for one man.”At a sentencing hearing on October 4, 2021, she acknowledged the nationwide attention on the Capitol riot cases. At that same hearing, she also rejected comparisons between January 6 and the 2020 protests against racial inequality.

Persons: Tanya Chutkan, who's, Donald Trump’s, Chutkan, Trump’s, ” Chutkan, ”, Trump, sentencings, “, Read Organizations: United States Capitol, Capitol Locations: Washington ,

☆ The S&P 500 is expensive, but there are still pockets of value
▼ + stars: | 2023-08-02 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

How expensive is the S & P 500? One common argument is the S & P 500 will have trouble advancing in the fall because the P/E ratio is too high. The benchmark is currently trading at 19.8 times forward earnings estimates (forward earnings encompasses earnings for the next four quarters: Q3 and Q4 of 2023, and Q1 and Q2 of 2024). But look below the surface, and much of the S & P is not overvalued. S & P 500 Current multiple: 19.8 Ex-Magnificent-7: 17.3 Ex-Technology: 17.8 Source: Refinitiv Biggest winners this year have multiples far above their norms No surprise here.

Persons: Howard Silverblatt, They're, Tajinder Dhillon, Dhillon, Silverblatt Organizations: P Global, Microsoft, Nvidia, Tesla, Communication Services, Services, Consumer Staples, Health, Real, Energy, Consumer

☆ A lawyer argued that mass riots triggered by Trump's power grab could be crushed by US troops: indictment
▼ + stars: | 2023-08-02 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

The new indictment against Donald Trump describes how he tried to stay in power after losing the 2020 election. But Jeffrey Clark, an alleged co-conspirator in the new indictment against Trump and a top Justice Department lawyer at the time, had a different answer: Call in the troops. On the same day that Clark suggested using the Insurrection Act, according to the indictment, Clark had also maneuvered to try to make himself Acting Attorney General. His aides drafted a proclamation to use the law, according to The New York Times, but Trump never followed through. Even as Trump considered putting Clark in charge of the Justice Department, he knew he truly lost the election, according to the indictment.

Persons: Donald Trump, Trump, Jeffrey Clark, Joe Biden, —, Clark, Jeffrey Rosen, Rosen, Jack Smith, who's, Smith, Biden's, Michael Flynn, Stewart Rhodes, Mark Milley, it's, Milley Organizations: White, Service, Trump, Justice Department, DC, Justice, Capitol, The New York Times Locations: Wall, Silicon, United States, Washington , DC

☆ Taco Bell owner Yum Brands misses revenue estimates despite soaring KFC sales
▼ + stars: | 2023-08-02 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Yum Brands on Wednesday reported mixed quarterly results as Taco Bell's and Pizza Hut's same-store sales disappointed. Yum Brands' same-store sales grew 9% in the quarter, topping StreetAccount estimates of 6.9%. KFC's system sales in China soared 32%, while its U.S. system sales rose 5%. The pizza chain's domestic same-store sales rose just 1%. Its U.S. same-store sales increased 4%, but its international same-store sales shrank 1% in the quarter.

Persons: Yum Organizations: Brands Inc, Taco, Yum Brands, Refinitiv, U.S Locations: Taco Bell, Kentucky, Louisville , Kentucky, U.S, Russia, China, Taco Bell's

☆ Phillies aim to continue winning ways vs. Marlins
▼ + stars: | 2023-08-02 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

August 2 - The Philadelphia Phillies will look to record their third straight victory in their four-game series against the host Miami Marlins on Wednesday night. Miami also sent stellar pitching prospect Jake Eder to the Chicago White Sox for third baseman Jake Burger. Finally, the Marlins sent first baseman Garrett Cooper and right-handed pitcher Sean Reynolds to San Diego for pitcher Ryan Weathers. "It's hard to see a couple of those guys leave," Marlins manager Skip Schumaker said following Tuesday's game. Unfortunately for the Marlins, Robertson squandered a save chance on Tuesday.

Persons: Michael Lorenzen, Lorenzen, Josh Bell, Jean Segura, Kahlil Watson, Miami, Jake Eder, Jake Burger, Garrett Cooper, Sean Reynolds, Ryan Weathers, David Robertson, Jorge Lopez, Skip Schumaker, Segura, Cooper, Zack Wheeler, Braxton Garrett, Wheeler, Garrett, Robertson, Bryce Harper, Nick Castellanos, Kyle Schwarber stunk, Castellanos Organizations: Philadelphia Phillies, Miami Marlins, Phillies, Detroit Tigers, Tigers, Marlins, Miami, Chicago White Sox, Thomson Locations: Philadelphia, Miami, San Diego

U.S. President Donald Trump raises his fist as he reacts to early results from the 2020 U.S. presidential election in the East Room of the White House in Washington, U.S., November 4, 2020. REUTERS/Carlos Barria/File PhotoAug 2 (Reuters) - Donald Trump was charged on Tuesday with conspiracy to defraud the U.S. and other crimes related to his efforts to overturn his 2020 presidential election loss. If he wins the nomination, Trump would face off against Democratic President Joe Biden in the November 2024 election. Biden defeated Trump in 2020, but he has only a razor-thin edge in polls of a hypothetical match-up with Trump, according to a Reuters/Ipsos poll. Trump could also appeal pretrial rulings by a judge, which would further slow down the case.

Persons: Donald Trump, Carlos Barria, Trump, Joe Biden, Jack Queen, Noeleen Walder, Howard Goller, Daniel Wallis Organizations: White, REUTERS, Republican, Democratic, Biden, Trump, Reuters, Thomson Locations: Washington , U.S

☆ Homer-happy Braves aim for series win over Angels
▼ + stars: | 2023-08-02 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

The Braves hit three more homers on Tuesday in a 5-1 win that evened the series. "It's kind of the key to our success is that everybody is contributing, and they have to a man, so it's been really good. The Braves' homers on Tuesday all came from the bottom third of the batting order. "The bottom third of our lineup has been really good, and they put a lot of pressure on the opposition. "I felt relatively sharp, throwing a lot of strikes, but they hammered my mistakes pretty good," Giolito said.

Persons: Michael Harris II, Travis d'Arnaud, Brian Snitker, it's, Eddie Rosario, Orlando Arcia, Harris, That's, Snitker, Yonny, Los Angeles, Lucas Giolito, Giolito, Chirinos, Angels . Los Angeles, Mickey Moniak, C.J . Cron, Mike Moustakas, Jordyn Adams, Adams Organizations: Atlanta Braves, Los Angeles Angels, Braves, Angels, Chicago White Sox, Toronto Blue Jays, White Sox, New York Mets, Tampa Bay Rays, Milwaukee Brewers, Angels ., C.J, Colorado Rockies, Triple, Thomson Locations: Atlanta, Los, Angels . Los

☆ Ferrari nudges up year forecasts after Q2 results, investors unimpressed
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +3 min

EBITDA of 2.19-2.22 bln euros this yearForecast on FY EBITDA margin unchanged at 38%FY revenue expected to grow to around 5.8 bln eurosAdj. The Italian company guided for adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to grow to between 2.19 billion euros and 2.22 billion euros ($2.40 billion - $2.44 billion) this year, versus a previous forecast of between 2.13 billion and 2.18 billion euros. The expected cash generation was also broadly unchanged, at around 900 million euros versus a previous guidance of up to 900 million euros. Ferrari shares, which are up around 40% this year, erased small daily gains after the results were published. In the second quarter, adjusted EBITDA grew 32% to 589 million euros, in line with analysts' expectations of 580 million euros, according to a Reuters poll.

Persons: Andrew Boyers, Benedetto Vigna, Bernstein, Daniel Roeska, Vigna, Giulio Piovaccari, Gianluca Semeraro, Keith Weir, Sharon Singleton Organizations: Prix, Silverstone Circuit, REUTERS, Ferrari, Daytona, EMEA, Thomson Locations: Silverstone, Britain, MILAN, Italian, personalisations

But their cheap food, often produced on an industrial scale, has a high environmental price. German agriculture was responsible for 55.5 million metric tonnes of greenhouse emissions last year, roughly 7.4% of the country's emissions. During the "true cost" campaign, which runs until Saturday, customers at Penny's 2,150 branches, will be charged a price for nine products, from yoghurt to sausages and vegan schnitzel, that includes climate, health, soil and water costs. According to figures provided by Penny, organic products had environmental costs of an average of 1.15 euros, while non-organic products that relied on chemicals had an average environmental cost of 1.57 euros. It is unclear, however, whether consumers are prepared to pay more to reduce their environmental impact.

Persons: Read, Penny, Stefan Goergens, Goergens, Holger Meckel, I'm, Riham, Barbara Lewis Organizations: European Union, Reuters, Germany's Greens, Technical University of Nuremberg, University of Greifswald, Thomson Locations: Europe, BERLIN, Spain, Italy, Germany, Frankfurt, Penny's

CNN —Special counsel Jack Smith unveiled his case alleging that former President Donald Trump broke several laws in his attempts to overturn the 2020 election, with a grand jury indictment returned Tuesday that illustrated the depth and breadth of the federal criminal investigation. Trump, who has derided Smith’s case as a politically motivated “fake indictment,” has been summoned to appear before a magistrate judge on Thursday. Prosecutors put forward several examples of Trump being told by his aides that fraud claims he was promoting were false. The new indictment recounts a conversation between Trump and Meadows, during which Meadows allegedly told Trump that he had observed Georgia election officials were “conducting themselves in an exemplary fashion,” while assuring Trump they would find fraud if it existed. Hours later, Trump tweeted that the election officials were “terrible people” who were trying to cover-up evidence of fraud.

Persons: Jack Smith, Donald Trump, Prosecutors, Trump “, Trump, ”, it’s, ” Trump, Wisconsin –, “, Mike Pence, Department of Homeland Security’s, –, Kenneth Chesebro, Rudy Guiliani –, memorializing, they’re, Pence, Pat Cipollone, Trump’s, Giuliani, ” Pence, Pat Philbin, Philbin, Mark Meadows, Meadows, Tanya Chutkan –, Obama, Smith, he’ll Organizations: CNN, Trump, ”, White, Justice, Republican, Justice Department, Department of Homeland, Infrastructure Security Agency, Prosecutors, AZ, Capitol, CNN Prosecutors, “, Manhattan Locations: United States, Wisconsin, Pennsylvania, Michigan, Detroit, Arizona, Cipollone, Trump, Meadows, Georgia, DC, Alabama

☆ Republicans struggle to diverge from Bidenomics
▼ + stars: | 2023-08-01 | by ( Ben Winck | ) www.reuters.com time to read: +4 min

Florida Governor and Republican U.S. presidential candidate Ron DeSantis attends a barbecue hosted by former diplomat Scott Brown, as part of his "No B.S. WASHINGTON, Aug 1 (Reuters Breakingviews) - Republicans with ambitions to move into the White House have a love-hate relationship with Bidenomics. A continued push for true “energy independence” probably would look more like Biden’s strategy than anything else. The agenda includes 10 core tenets, including greater independence from China, energy independence and promoting domestic investment. He called for “aggressive new restrictions” on Chinese ownership of U.S. infrastructure in a Jan. 18 campaign video and emphasized domestic energy independence in a Feb. 9 video.

Persons: Ron DeSantis, Scott Brown, Bidenomics, Donald Trump, Joe Biden’s, DeSantis, “, Biden, Trump, ”, Jeffrey Goldfarb, Sharon Lam Organizations: Republican U.S, Reuters, Economic, Federal Reserve, Trump, Energy Information Administration, “, Florida, Former U.S, Thomson Locations: Florida, Rye , New Hampshire, U.S, WASHINGTON, ”, Ukraine, Beijing, China, Bidenomics, New Hampshire

☆ Wall Street looks past AMD's light guide, leading us to make a price target change
▼ + stars: | 2023-08-01 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Club name Advanced Micro Devices (AMD) delivered better-than-expected second-quarter results after the closing bell Tuesday, leading us to make a price target change. Revenue fell 18% year over year to $5.36 billion but outpaced the Street's expectation of $5.31 billion, according to estimates compiled by Refinitiv. Wall Street seems to think so as well, bidding up the chipmaker's stock in after-hours trading by more than 2%. The MI300A is designed to address High-Performance Computing (HPC) and AI workload needs, while the MI300X is designed specifically for generative AI applications. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: we're, —, Jim Cramer's, Jim Cramer, Jim, Lisa Su, Robyn Beck Organizations: Devices, Revenue, Refinitiv, AMD, Management, Club, Nvidia, Data, PlayStation, Vision, Healthcare, Automotive, CNBC, Consumer Electronics, Afp, Getty Locations: Las Vegas , Nevada

☆ Stock futures fall after Fitch downgrades U.S. rating, earnings season continues: Live updates
▼ + stars: | 2023-08-01 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Dow Jones Industrial Average futures slid by 75 points, or 0.2%. S&P 500 and Nasdaq-100 futures dipped 0.3% and 0.4%, respectively. Of the S&P 500 companies that have reported, about 82% have posted positive surprises, according to FactSet data. Brands and Humana are set to report earnings before the open Wednesday. Economists polled by Dow Jones expect a 175,000 increase, which would be lower than the 497,000 rise in the prior month.

Persons: Fitch, Adam Parker, CNBC's, Parker, Dow Jones, —, Darla Mercado Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Fitch, AAA, SolarEdge Technologies, Dow Jones, Dow, CVS, Brands, Humana, Traders Locations: New York City . U.S

☆ BMW lifts outlook, warns inflation and supply issues not over
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Aug 1 (Reuters) - BMW (BMWG.DE) lifted its annual outlook for its margin on earnings before interest and taxes (EBIT) in the automotive segment on Tuesday but said it foresaw ongoing challenges from supply chain issues and inflation in the second half of the year. The carmaker's forecast mirrored that of competitors such as Mercedes-Benz (MBGn.DE) which also raised their earnings outlook but warned the macroeconomic environment would continue to weigh on output. The preliminary results and outlook adjustment failed to impress markets, with shares down 4.5% at 0908 GMT, underperforming Germany's DAX and Europe's autos index. BMW sales rose 4.7% in the first half of the year compared to last year, when supply chain issues caused by factors including the war in Ukraine and lockdowns in China dented output. ($1 = 0.9114 euros)Reporting by Victoria Waldersee, additional reporting by Tristan Chabba; editing by Matthias Williams, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Germany's DAX, Victoria Waldersee, Tristan Chabba, Matthias Williams, Kirsten Donovan Organizations: BMW, Mercedes, Benz, Thomson Locations: Ukraine, lockdowns, China

☆ Donald Trump Jan. 6 indictment: Ex-president charged in DOJ's criminal probe into 2020 election interference — his 3rd indictment this year
▼ + stars: | 2023-08-01 | by ( Azmi Haroun | Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Donald Trump has been indicted as part of the Department of Justice's investigation into the events leading up to the Jan. 6 Capitol riot. The riot was the culmination of efforts by Trump's supporters to block the certification of Biden's election. The Justice Department, in a team led by Special Counsel Jack Smith, brought the charges. Trump announced last month that Smith's team had served him a target letter indicating he may be indicted in the investigation. Trump and six co-conspirators also attempted to rope then-Vice President Mike Pence in their scheme and use the Justice Department to keep Trump in power, the indictment alleges.

Persons: Donald Trump, Trump's, Trump, Joe Biden, Jack Smith, Smith, Mike Pence, Walt Nauta, Stormy Daniels, MANDEL NGAN, Rudy Giuliani, Mark Meadows, John Eastman, Giuliani, What's, Win McNamee, Fani Willis empaneled, George, Biden, Dana Nessel, Jean Carroll Organizations: Department of, Service, Republican, The Justice Department, Truth, Justice Department, Trump, Capitol, White, Prosecutors, Representatives, US Department of Justice, Getty, DOJ, The Washington Post, NPR, Fulton Locations: Wall, Silicon, Florida, New York, Manhattan, Washington ,, AFP, Washington , DC, Fulton County, Atlanta, Michigan

☆ Insight: Promising new Alzheimer's drugs may benefit whites more than Blacks
▼ + stars: | 2023-07-31 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +11 min

The company told Reuters that 49% of Black volunteers did not meet the trial's amyloid threshold requirements compared to 22% for whites and 55% for Hispanics. "Is it because MCI (mild cognitive impairment) or early dementia type-symptoms in Blacks are caused by other reasons more so than Alzheimer's?" In 96 dementia trials from 2000-2017, diverse populations only made up around 11% of enrollment, according to a 2018 study. Among Black people who died of Alzheimer's, their dementia was more likely to result from multiple causes, such as vascular disease. "Is it that it's not Alzheimer's disease?

Persons: Barrington, Vickie Riley, Charlie, Harriet Shaffer, Barrington Riley, –, Eli Lilly, Lilly, Crystal Glover, Eisai, Ivan Cheung, Cheung, Shobha, Biogen, Mark Mintun, Alzheimer's, Dr Lisa Barnes, Barnes, Joshua Grill, we're, Reisa Sperling, Brigham, Julie Steenhuysen, Caroline Humer, Suzanne Goldenberg, Daniel Flynn Organizations: Emory University Brain Health, Americans, Reuters, Prospective Black, Rush, Disease Research, and Drug Administration, FDA, Black, MCI, National Institutes of Health, Rush Center, University of California, Women's Hospital, Thomson Locations: Atlanta , Georgia, U.S, Chicago, Tokyo, Irvine, United States

☆ Women's World Cup roundup: Australia routs Canada
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

[1/4] Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Group B - Canada v Australia - Melbourne Rectangular Stadium, Melbourne, Australia - July 31, 2023 Australia's Hayley Raso celebrates scoring their second goal REUTERS/Asanka Brendon RatnayakeJuly 31 - Hayley Raso recorded a first-half brace on Monday as Australia advanced to the knockout round with a 4-0 victory over Canada in a Group B clash at the Women's World Cup in Melbourne, Australia. Kailen Sheridan made two saves for Canada (1-1-1), which was unable to take advantage of a 5-4 edge in corner kicks. The Japanese will face Norway in the knockout round on Saturday in Wellington. Misa Rodriguez made one save for Spain (2-1-0), which will challenge Switzerland on Saturday in Auckland, New Zealand. Zambia 3, Costa Rica 1Lushomo Mweemba, Barbra Banda and Racheal Kundananji each scored a goal to lift Zambia to its first-ever win at the Women's World Cup at Hamilton, New Zealand.

Persons: Hayley Raso, Asanka Brendon Ratnayake, Raso, Mary Fowler, Steph Catley, Kailen Sheridan, Nnadozie, Uchenna Kanu, Courtney Brosnan, Hinata Miyazawa, Miyazawa, Riko Ueki, Mina Tanaka, Misa Rodriguez, Mweemba, Barbra Banda, Racheal Kundananji, Catherine Musonda, Melissa Herrera Organizations: Soccer Football, FIFA, REUTERS, Canada, Australia, Ireland, Brisbane, Japan, Spain, Costa Rica, Thomson Locations: New Zealand, Canada, Melbourne, Australia, Nigeria, Japan, Spain, Wellington , New Zealand, Norway, Wellington, Auckland , New Zealand, Zambia, Costa Rica, Hamilton , New Zealand

☆ Heineken’s pricing goof has a strategic spillover
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 31 (Reuters Breakingviews) - Dolf van den Brink has had a six-month-long happy hour. Heineken’s misstep occurred even though the company increased prices for its beers by an average of 13% from a year earlier. While consumer goods groups like Unilever (ULVR.L) managed to hike without losing much business, Heineken’s 6% hit to beer sales in the first half suggests van den Brink has not. In Vietnam, which analysts at Bernstein estimate accounts for nearly half of that region’s sales, Heineken admitted its pricing was mistimed. Van den Brink seems confident the worst is over for 2023, because all his price hikes have already happened.

Persons: van den Brink, misstep, Bernstein, Van den Brink, Yawen Chen, ’, George Hay, Oliver Taslic Organizations: Reuters, Heineken, Unilever, Walmart, BT boss’s, of Japan, Thomson Locations: Vietnam, United States

☆ Rupee hopeful of recovery on back of uptick on Asia FX
▼ + stars: | 2023-07-31 | by ( Nimesh Vora | ) www.reuters.com time to read: +2 min

MUMBAI, July 31 (Reuters) - The Indian rupee will be looking to recover on Monday, tracking the move higher in Asian peers on better-than-expected China data. Non-deliverable forwards indicate the rupee will inch up to the U.S. dollar at open from 82.2475 in the previous session. With Asian currencies doing well to begin the week and risk holding up, the rupee "will be hoping for a mini recovery", a forex trader at a bank said. The data comes after Federal Reserve Chair Jerome Powell left the door open for a rate hike at the September meeting. Data out on Friday supported investor expectations that the Fed rate hike cycle is over.

Persons: Kunal Kurani, Jerome Powell, Nimesh Vora, Sonia Cheema Organizations: U.S, Mecklai, China PMI, People's Bank of, Reuters, Brent, Thomson Locations: MUMBAI, China, U.S, People's Bank of China

☆ How ‘Soul Train’ immortalized an exuberant era of Black style, movement and culture
▼ + stars: | 2023-07-30 | by ( Brooklyn White-Grier | ) edition.cnn.com time to read: +8 min

This was “Soul Train,” the music television series that served as Blackness’ binoculars. In the middle of the Black Power era and feeding from the civil rights movement, “Soul Train” provided a fresh opportunity for Black people to see and celebrate themselves. “We wouldn’t have a house party or at a club where we weren’t doing the ‘Soul Train’ line,” she said. “Those were the fits and the looks and the moves where I think ‘Soul Train’ probably had its biggest influence.”Still, Cochrane, a Gen X-er, says that her era of the “Soul Train” — and the “Soul Train” line — moved with the times. “But it was on ‘Soul Train’ that we got to see our favorite artist, hear our beloved songs, get our style trends and language.

Persons: — You’ve, you’d, ”, Chicago’s, Jackson, Dyana Williams, “, Williams, ” Williams, George E, Johnson, Ultra Sheen, Aretha Franklin, Al Green, Sly Stone, Sly, Nelson George’s, Todd Oldham, ” Oldham, It’s, Don Cornelius, Kenneth Gamble, Gamble, Huff, Naima Cochrane, Cochrane, Michael Ochs, Rosie Perez, Patrice Rushen, Fred Berry, Vivica, Cheryl Song, Nobody, ” Cochrane, ” “, ’ ” Williams, Black Television ” Organizations: CNN, TRL, Ultra, Black Power, Michael Ochs Archives, Fox, Black Television Locations: Afro Sheen, America, Washington ,, Philadelphia, Shalamar, American

☆ The chance of Trump winning another term is very real
▼ + stars: | 2023-07-30 | by ( Harry Enten | ) edition.cnn.com time to read: +6 min

Similarly, Clinton’s edge was in the single digits over Obama in South Carolina at this stage of the campaign. Of course, winning the primary is one thing for Trump, who has led in almost every single Republican primary poll published in the past eight years. A poll out last week from Marquette University Law School had Biden and Trump tied percentage-wise (with a statistically insignificant few more respondents choosing Trump). The good news for Democrats is that general election polling, unlike primary polling, is not predictive at this point. But for now, the chance that Trump is president in less than two years time is a very real possibility.

Persons: Donald Trump, Trump, Democrat Al Gore, Republican George W, Bush, Hillary Clinton, Gore, Clinton, Ron DeSantis, George McGovern, Jimmy Carter, Barack Obama, Obama, Republican John McCain, John Edwards, Rudy Giuliani, Mitt Romney, Romney couldn’t, McCain, Joe Biden, Biden Organizations: CNN, Republican, Democrat, Florida Gov, Trump, Marquette University Law School, Biden, ABC News, Washington Post, Quinnipiac University, Democrats Locations: Bush, Trump’s, Iowa , New Hampshire, South Carolina, Clinton, Iowa, New Hampshire, Marquette, Pennsylvania, Erie, Quinnipiac

After selling off more than 9% this week, shares of defense contractor RTX look poised for a bounce back, according to one technical indicator. Nearly half of Wall Street analysts rate shares a buy. It's the second most oversold stock in the S & P 500 with a 14-day RSI of 19.6. Just 14% of analysts rate shares a buy, with the average price target suggesting nearly 8% downside. Half of Wall Street analysts rate shares a buy, with a price target that implies 7% upside.

Persons: RTX, Lamb Weston, Estee Lauder, Biogen, Goldman Sachs Organizations: Federal Reserve, CNBC Pro, Raytheon, Pratt & Whitney, Wall Street, Ford Motor, Union Pacific, UNP, Pacific, Street, Marathon Petroleum

☆ Southwest Airlines converts some Boeing 737 MAX 7 orders to MAX 8 amid delays
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

July 28 (Reuters) - Southwest Airlines (LUV.N) has exercised options for the delivery of 30 Boeing 737 MAX 7 planes next year, and converted 24 existing MAX 7 orders to MAX 8, the company said in an SEC filing on Friday. Southwest's decision to convert some MAX 7 orders to the MAX 8 model, which is already in operation, would buffer the impact of the delivery delays. On Thursday, Southwest Airlines issued disappointing forecasts for the current quarter and full year after missing estimates for second-quarter results, fueling concerns about the strength of domestic travel demand in the United States. Southwest Airlines has plans to fly the MAX 7 "at some point next year", but if not, it would take MAX 8 orders instead, CEO Robert Jordan said on a post-earnings call on Thursday. (This story has been corrected to say Southwest, not Boeing, issued forecast on Thursday in paragraph 4)Reporting by Savyata Mishra in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert Jordan, Savyata Mishra, Devika Organizations: Southwest Airlines, Boeing, SEC, Federal Aviation Administration, Thomson Locations: United States, Bengaluru

☆ Italy's Leonardo to focus on 'bytes and data', new CEO says
▼ + stars: | 2023-07-28 | by ( Alvise Armellini | ) www.reuters.com time to read: +2 min

ROME, July 28 (Reuters) - Italy's state-controlled defence and aerospace group Leonardo (LDOF.MI) needs to focus on the fast-growing cybersecurity and space sectors to keep up with industry trends, its new CEO said on Friday. "Defence is increasingly made with bytes and data, instead of bullets," Cingolani said during a call with analysts, announcing a new industrial plan that will be unveiled in early 2024. In the first half of 2023, Leonardo's new orders rose to almost 8.7 billion euros ($9.60 billion), up 18.9% year-on-year, while group net debt fell to 3.6 billion euros from 4.8 billion euros in the first half of last year. H1 revenues were up 4.8% to just under 6.9 billion euros, while earnings before interest, taxes depreciation and amortisation (EBITDA) rose by 3.5% to 703 million euros. Leonardo's confirmed guidance for 2023 includes a forecast for new orders at around 17 billion euros, revenues in the 15-15.6 billion euro range, EBITA at 1.26-1.31 billion euros and group net debt of about 2.6 billion euros.

Persons: Leonardo, Roberto Cingolani, Cingolani, Leonardo's, Alvise Armellini, Gavin Jones, Deepa Babington Organizations: Defence, Thomson Locations: Ukraine, Italy, Britain, Japan, Leonardo's Milan

Search resuls for: "4 e"

25 mentions found