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☆ Goldman Sachs says buy oil-stock pullbacks, highlighting a Club name to purchase
▼ + stars: | 2023-03-23 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Goldman Sachs said in a research note Thursday the recent energy sector pullback should be viewed as a reason to buy since that strategy has worked well since late 2020. West Texas Intermediate crude and energy stocks have been under intense pressure in recent weeks on the back of heightened recession fears. Based on that criteria, Goldman has Pioneer Natural Resources (PXD) on its "Americas Conviction List" with a buy rating. Recognizing the ups-and-downs of owning energy stocks, we still believe they should be part of any diversified portfolio. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Big banks to the rescue
▼ + stars: | 2023-03-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Goldman Sachs' decision to charge employees for coffee might not be that outrageous after all! The largest US banks — headlined by Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo — just pledged a total of $30 billion in deposits to First Republic Bank. As detailed in a release announcing the news, the 11 banks, which also included Goldman Sachs and Morgan Stanley, believe the move "demonstrates their overall commitment to helping banks serve their customers and communities. I can't imagine the big banks looking to pull the rug out from First Republic four months from now, but this money was a deposit, not a donation. Read more about how big banks came to the rescue of First Republic with $30 billion in deposits.

☆ Oil plunge is bad for energy stocks but actually good for other areas of our portfolio
▼ + stars: | 2023-03-15 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

The extent of the decline in West Texas Intermediate crude — down 5.5% to under $67 per barrel — seems overdone in an energy market that remains structurally undersupplied. Bad for energy stocks For now, we're holding onto our three oil exploration and production (E & P) stocks — Coterra Energy (CTRA), Devon Energy (DVN) and Pioneer Natural Resources (PXD) — because their breakeven levels are around $40 per barrel. The big question is whether the federal government will make good on its signals to replenish the nation's Strategic Petroleum Reserve (SPR) at WTI prices below $70 per barrel. In turn, higher energy costs eat into discretionary spending budgets. Now, with energy costs coming down, we would expect these input costs to subside a bit.

☆ Franklin Templeton President & CEO Jenny Johnson
▼ + stars: | 2023-03-07 | 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 EmailFranklin Templeton President & CEO Jenny JohnsonFor Women's Heritage Month, Franklin Templeton CEO Jenny Johnson shares her "four Ps" for success.

Here's an update on our energy, industrials and materials names in Jim Cramer's Charitable Trust, the portfolio we use at the CNBC Investing Club. In 2022, by contrast, the priority was its variable dividend, which changed quarter by quarter depending on its financial results. The industrial company is one of our more recently added holdings. He also mentioned that Halliburton's top boss, Jeff Miller, has expressed notable conviction that the company's stock price is too cheap. The alternative would be consolidating our holdings to two oil-and-gas producers, along with Halliburton as our third energy stock.

☆ An influencer started a newsletter after her TikTok engagement dropped. Here's how she amassed 25,000 subscribers in 4 months.
▼ + stars: | 2023-02-08 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +7 min

She built an email newsletter last year, and explains how its helped increase her income. Applying to college was a stressful time for Carlynn Greene because she had to apply for financial aid to afford the steep tuition. While some TikTokers have tried to combat the issue by making more SEO friendly content, Greene sought another solution. She built a free email newsletter on Convert Kit, a website for building email templates, and sent the first iteration to subscribers in September 2022. Here is an example of Carlynn Greene's email newsletter from February 2023:Carlynn Greene's newsletter Carlynn GreeneCarlynn Greene's newsletter Carlynn GreeneThe newsletter reads:Hi there carr!

The PlayStation VR2 headset launches February 22 for $550, and preorders are available now. Sony says more than 30 PS VR2 games will be released during the initial launch window. PlayStation VR2 The PS VR2 is a new virtual reality headset built for the PS5. PS VR2 featuresThe PlayStation VR2 carries over many features found on the original model released in 2016, while offering a few key upgrades and new options. The PlayStation VR2 base package costs $550 and includes the headset, two wireless PS VR2 sense controllers, and a pair of headphones.

☆ A Swedish-made fighter jet could tip the scales against Russia in Ukraine, but it might not get there any time soon
▼ + stars: | 2023-02-05 | by ( Sebastien Roblin | ) www.businessinsider.com time to read: +16 min

Ukraine's air force remains in the fight almost a year after Russia's shambolic invasion. Sooner or later, Ukraine must induct new jet fighters into service — and they sure aren't buying them from Russia. JAS-39 Gripen: background and capabilitiesA Swedish JAS 39 Gripen at Bobo, Norway in October 2018. A Hungarian Air Force JAS-39 Gripen in August 2010. JAS-39 Gripen vs. F-16A US Air Force F-16 takes off from Aviano Air Base in Italy in June 2020.

Bangladesh Bank has accused RCBC and several others, including top executives, of conspiring to steal its money. The New York Supreme Court ruled on Jan. 13 that, contrary to Rizal bank's argument, it does have jurisdiction over the case, and dismissed Rizal bank's motion against Bangladesh Bank. In the same ruling, the court ordered the Bangladesh central bank and RCRC to initiate mediation. In response to the ruling, Rizal bank said it would continue to fight the case. Bangladesh Bank has welcomed the court ruling, saying in a statement this week that it clears the way for the matter to progress in court in New York as needed.

☆ In a tough year for hedge funds, the top firms still crushed it
▼ + stars: | 2023-01-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But first, we've got hedge fund returns. It's returns season for hedge funds, and boy is this year a doozy. Insider's Alex Morrell has a breakdown of how some of the flagship strategies at top hedge funds like AQR, Citadel, D.E. Alex's story gets into the nitty gritty — and more importantly, the specific numbers — but the big takeaway is this: While 2022 was a pretty awful year for the hedge fund industry, some of the industry's top funds absolutely crushed it. And while it might seem impossible to figure out a way to make money in that type of environment, that's exactly when I'd expect a hedge fund to step up.

☆ Philippines main airport scrambles to restore normalcy after power cut
▼ + stars: | 2023-01-02 | by ( ) www.reuters.com time to read: +2 min

[1/2] A passenger wearing a face mask and face shield for protection against the coronavirus disease (COVID-19) walks towards a counter in the Ninoy Aquino International Airport in Paranaque, Metro Manila, Philippines, January 14, 2021. The ageing Ninoy Aquino international airport was early on Monday handling a maximum 15 arrivals per hour compared to 20 during normal operations, said Cesar Chiong, general manager of the Manila International Airport Authority. The outage was the result of the unprecedented failure of both primary and secondary power supplies, he said. Chiong said the airport had introduced its own power system in 2018 but on Sunday, both the main and backup systems failed. The Ninoy Aquino International Airport has previously been ranked among the world's worst international gateways, with flight delays a regular occurrence, and a history of upgrades being delayed or abandoned due to disputes between the airport and contractors.

☆ Flights to and from Philippine capital suspended due to technical issues
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +1 min

A total of 282 flights were either delayed, cancelled or diverted to other regional airports, affecting around 56,000 passengers at Manila's Ninoy Aquino International Airport (NAIA), the airport operator said on Sunday. As of 0800 GMT, "the system has been partially restored thereby allowing limited flight operations," the Manila International Airport Authority said in a statement. It offered passengers due to fly on Sunday free rebooking or the option to convert tickets to vouchers. Philippine Airlines (PAL.PS) said a number of flights were diverted, cancelled and delayed, and travellers should check the status of their journey before proceeding to the airport. Reporting by Enrico Dela Cruz; Editing by Neil Fullick and Peter GraffOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine's heavy artillery, not high-tech anti-tank missiles, is what stopped Russia's rush to Kyiv, experts say
▼ + stars: | 2022-12-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Coverage of the fighting often focused on the role of anti-tank missiles in stopping that advance. Many people believe the initial Russian offensive was halted in large part by Ukraine's diverse arsenal of anti-tank missiles. This was enough to pin down Russian armor, hit targets of opportunity, and engage Russian tanks from beyond the range their cannons. However, "delivering large volumes of fire against concentrated units is best achieved by artillery," Watling said. Many Russian tanks — and Ukrainian tanks, which are upgraded Soviet-era designs — are designed to fire anti-tank guided missiles from their cannons.

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Tesla, Netflix, Coinbase, Costco, Etsy & more
▼ + stars: | 2022-12-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan reiterates Apple as overweight JPMorgan said Apple's iPhone supply chain challenges appear to be moderating. JPMorgan reiterates Netflix as overweight JPMorgan said it sees a "heavily backend-weighted quarter" for Netflix. Morgan Stanley initiates Marriott as overweight Morgan Stanley said it likes how the hotel chain has transformed its business and that it sees a "further re-rating." Jefferies reiterates Amazon and Etsy as buy Jefferies said Amazon and Etsy will be winners this holiday shopping season. Morgan Stanley downgrades Silvergate to underweight from equal weight Morgan Stanley said in its downgrade of the crypto bank that it sees too many headwinds due to the FTX collapse. "

☆ Philippine leader hopes court will reconsider Manila power deal
▼ + stars: | 2022-11-27 | by ( ) www.reuters.com time to read: +2 min

The court allowed South Premiere Power Corp., a unit of San Miguel Corp (SMC.PS) to suspend a power supply agreement with Manila Electric Company (Meralco) (MER.PS) after the companies were prevented from raising tariffs by the regulator. "We hope that the CA (Court of Appeals) will reconsider and include in their deliberations the extremely deleterious effect this will have on power prices for ordinary Filipinos," Marcos was quoted as saying, describing the decision as "unfortunate". South Premiere and Meralco had sought to raise prices amid higher costs of coal, which the Energy Regulatory Commission rejected in September citing fixed prices set under power supply agreements. Marcos, who began his six-year term in June, has promised lower electricity rates, which are among the highest in Asia. Higher electricity prices would put further pressure on Philippine inflation, which hit the fastest pace in nearly 14 years last month.

☆ Japan's Mitsubishi UFJ to buy two Asia units of Home Credit for $620 mln
▼ + stars: | 2022-11-24 | by ( Makiko Yamazaki | Hadeel Al Sayegh | ) www.reuters.com time to read: +2 min

TOKYO, Nov 24 (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (8306.T) said on Thursday it would buy the Philippines and Indonesian units of Dutch consumer finance company Home Credit BV (HC) for about 596 million euros ($621 million). The acquisitions will be made through main Mitsubishi UFJ banking arm MUFG Bank, Thai unit Bank of Ayudhya PCL (BAY) (BAY.BK), and Indonesian unit Adira Dinamika Multi Finance (ADMF), with the deal to be completed within 2023, the company said. PPF, which had been looking at selling or taking on partners in some markets for the HC business, said in a statement it was the right time to pass the baton. A Mitsubishi UFJ executive said in a briefing that the lender would explore further acquisition opportunities in Southeast Asia. MUFG Bank will hold 25% of HC Philippines, and ADMF will hold 10% of HC Indonesia shares.

☆ Japan's Mitsubishi UFJ to buy two Asia units of Home Credit for $596 mln
▼ + stars: | 2022-11-24 | by ( Makiko Yamazaki | ) www.reuters.com time to read: +2 min

TOKYO, Nov 24 (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (8306.T) said on Thursday it would buy the Philippines and Indonesian units of Dutch consumer finance company Home Credit Group BV for about 596 million euros ($621 million). The acquisitions will be made through Japanese unit MUFG Bank, Thai unit Bank of Ayudhya PCL (BAY) (BAY.BK), and Indonesian unit Adira Dinamika Multi Finance (ADMF), with the deal to be completed within 2023, the company said. Home Credit (HC) is controlled by the Czech Republic's biggest investment group, PPF, which was founded by late billionaire Petr Kellner. read moreAfter the completion of the deal, Bank of Ayudhya will hold 75% of the shares of HC Philippines and 75% of the shares of HC Indonesia. MUFG Bank will hold 25% of HC Philippines, and ADMF will hold 10% of HC Indonesia shares.

☆ Wall Street's trust issues with crypto won't be easily repaired in the wake of the FTX blowup
▼ + stars: | 2022-11-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Trust in the crypto industry — be it with Wall Street firms, politicians, venture capitalists, or the general public — is destroyed thanks to FTX's downfall. It's a bitter pill to swallow when one considers the hard-fought progress crypto had made on Wall Street in recent years. canvassed more than a dozen Wall Street insiders to get a sense of where traditional firms stand on their crypto plans. Meanwhile, firms hoping to bridge the gap between Wall Street and crypto have been put in an impossible spot, answering for another's sins. Click here to read more on how Wall Street is moving forward with its crypto plans in the wake of FTX.

☆ Sony to expand Chinese game incubator in Microsoft head-to-head
▼ + stars: | 2022-11-22 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

The Japanese tech giant's plans were made public during an event live-streamed from the southwestern Chinese city of Chengdu to re-launch the China Hero Project programme, which ground to a halt due to COVID-19. The China Hero Project unveiled its first two batches of games in 2017 and 2019 and has supported 17 titles, of which seven have reached the market. It was part of Sony's years-long approach to China, which ultimately led it to a lucrative exclusivity deal with the Chinese hit game “Genshin Impact” outside of the China Hero Project. Reuters reported last month that Sony's success with “Genshin Impact” has driven Microsoft to aggressively woo Chinese game developers with big licensing deals. Sony sells the PlayStation (PS) consoles in China, where people have traditionally preferred playing mobile-based games.

☆ GOP Insider readers: Dump Trump!
▼ + stars: | 2022-11-11 | by ( Kayla Gallagher | ) www.businessinsider.com time to read: +26 min

Insider asked its Republican readers to send in their thoughts on Donald Trump following the GOP's dismal midterm performance. Subscribers to Insider's newsletter were asked two questions: Do you agree with the GOP insiders who blame Trump? Andrew Lichtenstein/Corbis via Getty Image— Joe S.I don't blame Trump per se. Olivier Douliery/AFP via Getty Images— Julia T.I think Trump, DeSantis AND the GOP are EXTREMELY dangerous for our Democracy. The Republican Party needs to get away from the extremists in the party or the Republican Party will no longer exist.

The PlayStation VR2 headset launches February 22, 2023 for $550; preorders start November 15. PlayStation VR2 The PS VR2 is a new virtual reality headset built for the PS5. PS VR2 featuresThe PlayStation VR2 carries over many features found on the original model released in 2016, while offering a few key upgrades and new options. SonyTo get the PlayStation VR2 at launch on February 22, 2023, you'll need to preorder it from Sony via the online PlayStation store. That said, other competitors designed for PC cost way more than PS VR2, like the Valve Index and the $750 Vive Cosmos Elite, both of which require external sensors that PS VR2 doesn't need.

☆ The Elon Musk-Twitter saga could finally be coming to end
▼ + stars: | 2022-10-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Elon Musk’s Twitter account is displayed on the screen of an iPhone on April 26, 2022 in Paris, France. The end of the line for Elon and TwitterWhat a long strange trip it's been. That might be the best way to sum up the Elon Musk-Twitter saga that has played out over the past six-plus months. It finally appears an end is in sight*, or at least the closing of a transaction. The main issue remains how Musk will come up with the $44 billion needed to actually buy Twitter.

Shell Aviation President Jan Toschka poses during an interview with Reuters on the sidelines of the Asia Pacific Petroleum Conference (APPEC) 2022 conference, in Singapore, September 27, 2022. REUTERS/Isabel KuaSINGAPORE, Sept 27 (Reuters) - Global aviation fuel demand is expected to fully recover to pre-pandemic levels of 300 million tonnes per year in the next one to two years, the head of aviation at Shell (SHEL.L) said on Tuesday. SUSTAINABLE AVIATION FUELShell is considering building two more sustainable aviation fuel (SAF) plants in the United States, as it aims for renewable fuel to account for 10% of its global jet sales by 2030, Toschka said. "We will be having more than 2 million tonnes of SAF annually by 2030," he added. Aviation, accounting for 3% of the world's carbon emissions, is one of the most difficult forms of transportation to decarbonise.

A new State of Play presentation will showcase 10 upcoming PlayStation games on September 13. The September State of Play could also include announcements on upcoming Sony hardware, like PS VR2. Where to watch the September PlayStation State of Play livestreamYou can watch Sony's September State of Play event at 6 p.m. God of War Ragnarok is the biggest PlayStation exclusive of the holiday season, so a new trailer during State of Play wouldn't be a surprise. Square Enix has used recent State of Play shows to share footage of Final Fantasy XVI, a PlayStation 5 exclusive.

☆ Final de campanie electorală marcat de incertitudini de ordin legal privind desfășurarea scrutinului, abuz de resurse administrative, cheltuieli neraportate ale concurenților electorali și discurs ins
▼ + stars: | 2021-07-09 | by ( ) www.zdg.md time to read: +11 min

Misiunea de Observare Promo-LEX a făcut public cel de al cincilea raport de monitorizare a alegerilor parlamentare anticipate din 11 iulie 2021. Activitatea Comisiei Electorale Centrale (CEC) din această perioadă a fost una intensă, fiind adoptate 77 de hotărâri privind organizarea și desfășurarea scrutinului parlamentar. 4390 din 20 octombrie 2020 adoptată pentru alegerile Prezidențiale a avut un caracter disuasiv și a contribuit la diminuarea numărului de incidente de transportare organizată a alegătorilor. Cu referință la activitatea observatorilor, Promo-LEX a atestat că, aceștia nu au avut acces deplin la listele electorale. Totodată, Promo-LEX a estimat pentru toate cele șase săptămâni de campanie electorală, cheltuieli neraportate de cel puțin 10 859 900 de lei.

Persons: ., Renato Usatîi, Fiodor Ghelici, Valeriu Munteanu, Igor Dodon, Dorin Chirtoacă, Victoria Grosu, Andrei Năstase, Iurie, Vladimir Voronin, Gheorghe, Cristian Rizea Organizations: CEC, Coaliției Civice, Alegeri, Prezidențiale, SV, PDM, PRM, Agenției, Agenției Statelor Unite, Fundației Soros Moldova Locations: Coaliției, CEC, Republicii Moldova, AUR, Victoria, Victoria Grosu Vremeș, PLD, Agenției Statelor, străinătate, Regatului Țărilor de Jos, Chișinău, Republica Moldova

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