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☆ Toronto stocks join global selloff as Credit Suisse sparks concerns
▼ + stars: | 2023-03-15 | by ( Shashwat Chauhan | ) www.reuters.com time to read: +2 min

March 15 (Reuters) - Canada's resources-heavy main stock index fell on Wednesday, dragged by energy and financial stocks, as Credit Suisse's turbulence sparked renewed concerns of a banking crisis. Global financial stocks slumped once again after a brief relief rally on Tuesday as Credit Suisse (CSGN.S) hit a record low after the Swiss lender's biggest backer said it would not buy any more shares. Energy stocks (.SPTTEN) were the top decliners, falling 5.7%, as oil prices extended losses with Brent crude hitting a three-month low. Financials (.SPTTFS), Canada's largest sector by weight, joined a global selloff in bank stocks, falling 2.2%. Canadian stocks have lost nearly all of their yearly gains in the last few days, with the index now at par after the collapse of U.S. lenders SVB and Signature sparked contagion concerns in global financial stocks.

☆ Grubhub is losing its second CEO in less than 2 years as owner explores sale of company
▼ + stars: | 2023-03-13 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

A year after Just Eat Takeaway.com bought Grubhub, the European firm said it wanted to sell it. Grubhub is in great hands with Howard and the Grubhub leadership team, and I'm excited to watch the company continue to thrive." Over the years, Grubhub has struggled to find its footing in the hyper-competitive food delivery sector. 1 food delivery operator. In January 2018, Grubhub had 49% of the food delivery market, according to Bloomberg Second Measure.

☆ Current sweet spot in equities may come from picking up 'quality' stocks
▼ + stars: | 2023-03-08 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

For investors who don't want to abandon stocks altogether and flee to the safety of two-year Treasury notes, one style attracting renewed interest is an old one: quality. "I would be picking growth stocks from here," Peter Tchir, head of macro strategy at Academy Securities, told me. But not just any growth stocks: "I would be picking companies that have stable earnings, and low debt." Stocks that screen for high quality tend to be leveraged to technology and the consumer. Matt Maley, chief market strategist at Miller Tabak, explains why: "Are people really going to be mad at you for owning Apple, or Microsoft, or other high quality stocks?

☆ Spring training roundup: Orioles beat Phillies on walk-off HR
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +3 min

[1/3] Mar 6, 2023; Sarasota, Florida, USA; Philadelphia Phillies third baseman Alec Bohm (28) hits a RBI double against the Baltimore Orioles during the third inning at Ed Smith Stadium. They tied the game in that frame on Coby Mayo's run-scoring single, Connor Norby's RBI groundout and Colton Cowser's two-run homer. Alec Bohm went 2-for-3 with a homer, a double and two RBIs for the Phillies and Jake Cave added a two-run shot. Miguel Rojas opened that salvo with a two-run double and later added a solo homer for the Dodgers. Cade Marlowe went yard and Cal Raleigh hit an RBI double for the Mariners.

☆ The Fed's willing to risk a recession to bring down inflation, says Miller Tabak's Matt Maley
▼ + stars: | 2023-03-02 | 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 EmailThe Fed's willing to risk a recession to bring down inflation, says Miller Tabak's Matt MaleyMatt Maley, Miller Tabak chief market strategist, joins 'Closing Bell: Overtime' to discuss his takeaways from the latest Fed statements and what it could mean for the markets.

"We've been talking about impending recession for several quarters now," said Malone, whose Virginia Beach-based company has a national footprint. So has unexpectedly strong consumer spending and, for the world outlook, the reopening of China's economy from strict COVID lockdowns. That poured cold water on the idea that the Fed would "pivot" on a dime to lower rates. "Government bond yields are up" since the last Fed policy meeting, Durham wrote. "It kind of seems the U.S. economy might be more resilient than markets thought six or eight weeks ago."

☆ NHL Roundup: Canes rout Caps in Stadium Series
▼ + stars: | 2023-02-19 | by ( ) www.reuters.com time to read: +9 min

Josh Brown and Travis Boyd each had a goal and an assist, and Christian Fischer also scored. Arizona has earned points in eight straight games (4-0-4) for the first time in 11 years. Corey Perry and Vladislav Namestnikov each had a goal and an assist, and Steven Stamkos and Pierre-Edouard Bellemare also scored goals for Tampa Bay. Columbus' Mathieu Olivier collected a goal and two assists, Eric Robinson had one of each and Liam Foudy scored his first career NHL regular-season goal. Joonas Korpisalo turned aside 28 shots for the Blue Jackets, while forward Johnny Gaudreau sat out because of a lower-body injury, ending his streak of playing in 349 straight games.

☆ Maley: It's only a matter of time before the stock market heads back lower
▼ + stars: | 2023-02-16 | 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 EmailMaley: It's only a matter of time before the stock market heads back lowerMiller Tabak's Matt Maley explains why he sees a potential dip in the markets in the coming weeks.

☆ Watch CNBC’s full interview with Miller Tabak and Co.'s Matt Maley
▼ + stars: | 2023-02-13 | 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 EmailWatch CNBC’s full interview with Miller Tabak and Co.'s Matt MaleyMatt Maley, Miller Tabak and Co, joins 'The Exchange' to discuss the market trends, the market rally and how investors should position themselves now.

☆ The market can't stay at these levels, says Miller Tabak's Matt Maley
▼ + stars: | 2023-02-13 | 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 EmailThe market can't stay at these levels, says Miller Tabak's Matt MaleyMatt Maley, Miller Tabak and Co, joins 'The Exchange' to discuss the market trends, the market rally and how investors should position themselves now.

☆ His Grandmother’s Ford Thunderbird Took 40 Years to Restore
▼ + stars: | 2023-01-28 | by ( A.J. Baime | Photographs Matt Martian For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Rick Steiner , 65, a retired engineer living in Tucson, Ariz., on his 1955 Ford Thunderbird, as told to A.J. My grandmother was a World War II Gold Star wife. What that means is, she was the wife of a soldier killed while serving his country. My grandmother raised four children and put them all through college, through engineering school, law school, dental school and nursing school. When she finally got her last child through school, she bought this 1955 Thunderbird, which was a shock to everybody.

☆ NHL roundup: Connor McDavid lifts Oilers over Lightning
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +8 min

The Lightning received a goal and an assist from Brayden Point, and Brandon Hagel and Steven Stamkos scored. Victor Hedman posted two assists while Andrei Vasilevskiy stopped 28 shots but lost for the first time in five games. Kyle Connor scored for the Jets, who lost for the third time in their past 11 games. Matthew Tkachuk, who leads Florida with 24 goals, scored twice with the man advantage. Colton Sissons and Mattias Ekholm scored for the Predators, whose two-game win streak came to an end.

☆ NHL roundup: Caps rally for OT win over Islanders
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +8 min

Lightning 4, Kraken 1Andrei Vasilevskiy made 22 saves as Tampa Bay put an end to visiting Seattle's franchise-record, eight-game winning streak. Penguins 4, Ducks 3 (OT)Jake Guentzel scored off a two-on-one with Sidney Crosby 33 seconds into overtime to give Pittsburgh a win over visiting Anaheim. Jamie Benn, Joel Kiviranta, Ryan Suter and Tyler Seguin scored goals for Dallas, which snapped a two-game losing streak. Flyers goalie Carter Hart was pulled in the second period as Philadelphia had a three-game win streak snapped. Ottawa is mired in a 1-4-0 rut and has scored six goals in its past four games.

☆ International stock trade could be in the first inning as investors seek alternatives to U.S. tech
▼ + stars: | 2023-01-13 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

"FANG" and other big cap tech have faded as favorite trades, but i nvesting in foreign stocks as a way to generate better returns is just beginning. The outperformance in foreign markets has not gone unnoticed by U.S. investors, bruised by the 19.4% decline in the S & P 500 last year. Also, investors in foreign stocks will benefit if their local currencies gain against the dollar. Investors are now monitoring foreign markets much more and focusing on what's happening in currency pairs, like dollar/yen. "I think a lot of investors will play Europe stocks right out of the gate," he said.

☆ Maley: A buying opportunity is coming, but at lower levels
▼ + stars: | 2022-12-29 | 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 EmailMaley: A buying opportunity is coming, but at lower levelsMatt Maley of Miller Tabak says the market has to fall further to come back in line with a fairly valued level, to price in Fed tightening and a likely recession.

As the storm took shape over the Great Lakes on Thursday, a weather phenomenon known as a bomb cyclone was likely to develop from a "rapidly deepening low-pressure" system, the National Weather Service (NWS) said. The cyclone could spawn snowfalls of a half inch (1.25 cm) per hour and howling winds from the Upper Midwest to the interior Northeast, producing near-zero visibility, the weather service said. "It's dangerous and threatening," President Joe Biden said at the White House, urging Americans with travel plans to not delay and to set off on Thursday. Hundreds of Texans died in February 2021 after the state's power grid failed amid wintry storms, leaving millions without electricity. Greg Carbin, chief of forecast operations at the NWS Weather Prediction Center in Maryland, said freezing or below-freezing cold would bisect central Florida, with temperatures about 25 degrees below normal.

☆ Deep freeze grips U.S. as winter 'bomb cyclone' looms ahead of holiday weekend
▼ + stars: | 2022-12-23 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

Numbing cold intensified by high winds was expected to extend as far south as the U.S.-Mexico border. The NWS map of existing or impending wintry hazards, stretching from border to border and coast to coast, "depicts one of the greatest extents of winter weather warnings and advisories ever," the agency said. The bomb cyclone could unleash snowfalls of a half inch (1.25 cm) per hour driven by gale-force winds, cutting visibility to near zero, the weather service said. Power outages were expected from high winds, heavy snow and ice, as well as the strain of higher-than-usual energy demands. The weather service said relief from the deep freeze was in sight for the northern Rockies and High Plains, where the arctic blast first materialized on Thursday.

☆ She Turned Her Humble Honda Hatchback Into a Head-Turner
▼ + stars: | 2022-12-17 | by ( A.J. Baime | Photographs Matt Martian For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Sally McNulty, a service adviser at a Ferrari dealership living in Glendale, Ariz., on her custom 2000 Honda Civic Hatchback, as told to A.J. I grew up in a small Missouri town, what they call the boonies. There were not a lot of imported cars. I worked at a car dealership and one day somebody asked me if I’d like to go to a track day, because they knew I liked cars. I took my Chevy Cobalt to the racetrack, and I had a blast.

☆ Wall St Week Ahead U.S. bank stocks falter as recession worries take hold
▼ + stars: | 2022-12-16 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +4 min

The S&P 500 banks index (.SPXBK) has slumped some 11% this month against a 5.5% drop for the broader index (.SPX) in the same period. While bank stocks have traded broadly in line with the S&P 500 throughout the year, their decline accelerated in recent weeks, with the S&P 500 bank index now off over 24% in 2022. The S&P 500 is down 19% year-to-date, on pace for its biggest annual percentage drop since 2008. Expectations of a slowdown led Todd's firm to sell some of its bank shares earlier this year. King Lip, chief strategist at Baker Avenue Wealth Management, said his firm recently bought bank stocks, convinced that any hit to U.S. growth will likely be moderate.

☆ As House Republicans plan an anti-Biden oversight blitz, supporters urge caution: 'Don't get too far ahead of yourselves'
▼ + stars: | 2022-11-23 | by ( Warren Rojas | ) www.businessinsider.com time to read: +6 min

House Republicans are planning a slew of investigations now that they've reclaimed the majority. Supporters say GOP leaders need to be "deliberative" and "organized" about the promised probes. Matt Mackowiak, a former Senate GOP staffer who is now a Texas-based political consultant, advised House Republicans to focus on what matters most to voters. Rep. Connolly urged Republicans to tread carefully, vowing to "push back against any efforts that we believe are purely political and non-factual." Aides for McCarthy and Jordan did not immediately respond to requests for comment about any GOP calls to tread carefully next year.

☆ Food Company Post Holdings Promotes Treasurer Matt Mainer to CFO Role
▼ + stars: | 2022-11-16 | by ( Kristin Broughton | ) www.wsj.com time to read: +2 min

St. Louis-based Post named its treasurer, Matt Mainer, as chief financial officer and promoted Jeff Zadoks, its current CFO, to operating chief, effective Dec. 1. Mr. Mainer has served as treasurer since joining the company in 2015, and will continue to hold the title after taking over as CFO. Post declined to make Mr. Mainer available for an interview. Photo: Post Holdings Mr. Zadoks has served as Post’s CFO since 2014. In his new role, Mr. Zadoks will work with the company’s business-line presidents on areas such as boosting revenue and cutting costs, said Post.

☆ Cindy Chavez faces off against Matt Mahan in San Jose, California's mayoral election
▼ + stars: | 2022-11-08 | by ( Madison Hall | ) www.businessinsider.com time to read: +1 min

Cindy Chavez is running against Matt Mahan in San Jose, California's mayoral race. 2022 General EmbedsAfter serving two consecutive four-year terms, Democratic Mayor Sam Liccardo is term-limited and is ineligible to run for a third time. While San Jose's mayoral election is nonpartisan, the city has a history of electing Democrats and Democratic-leaning politicians to fill the mayoral position. Mahan, a member of the San Jose City Council, is similarly running with a goal to lower housing prices in the city, housing the homeless, and "common sense solutions" for citywide safety. Liccardo endorsed Mahan for mayor in August, tweeting that "Matt is the common-sense Democrat we need to ensure that our government works as hard as our San Jose families."

☆ Three stock lunch: BA, OKTA and TTWO
▼ + stars: | 2022-11-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree stock lunch: BA, OKTA and TTWOMatt Maley, chief market strategist at Miller Tabak, joins 'Power Lunch' to discuss his picks for the three stock lunch, Boeing, Okta and Take-Two.

☆ Maley: We're finally seeing the lagged effect of the Fed's policy tightening on the economy
▼ + stars: | 2022-10-27 | 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 EmailMaley: We're finally seeing the lagged effect of the Fed's policy tightening on the economyMatt Maley, Chief Market Strategist at Miller Tabak, joins Worldwide Exchange to discuss how earnings and Federal Reserve rate hikes are affecting the markets.

☆ NHL roundup: Lightning topple Islanders again
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +8 min

The Lightning, who beat the host Florida Panthers 3-2 in overtime Friday, improved to 8-2 in their past 10 games against the Islanders. Devils 2, Sharks 1Yegor Sharangovich and Dawson Mercer scored second-period goals to lead New Jersey to a victory over visiting San Jose. The Blues controlled the first eight minutes of the game and scored the game's first goal on a power play. Avalanche 3, Golden Knights 2Nathan MacKinnon, Valeri Nichushkin and Evan Rodrigues scored goals, and visiting Colorado beat Vegas. He also became the first defenseman in NHL history to begin a season with a five-game goal streak.

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