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☆ 8 stocks that can soar during a surprisingly strong Q4 earnings season, according to Morgan Stanley
▼ + stars: | 2024-01-26 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

Notably, Morgan Stanley is also calling for similarly solid growth this quarter despite a slew of negative revisions for fourth-quarter earnings in recent months. Post-earnings moves are top of mind for Morgan Stanley, which noted that they've been subdued throughout 2023. Its strategists are also eyeing corporate guidance and subsequent earnings revisions, which could determine whether analysts' pessimism will continue. Morgan Stanley's S&P 500 profit estimate of $229 is well below the market's projection of $243. 8 stocks that stand out nowA better-than-feared fourth-quarter earnings season will be especially friendly to eight companies that can surprise to the upside after reporting, according to Morgan Stanley.

Persons: Morgan Stanley, Michelle Weaver, they've, Weaver, Morgan Stanley's Organizations: Business, Bank of America, Western Digital

☆ Enlarged prostate: A urologist explains symptoms and treatments
▼ + stars: | 2024-01-26 | by ( Dr. Jamin Brahmbhatt | ) edition.cnn.com time to read: +6 min

This rush is something that Britain’s King Charles III, admitted to a London hospital on Friday, might have encountered prior to his decision to undergo prostate surgery. A mildly enlarged prostate can cause noticeable symptoms such as a weaker stream when urinating or increased frequency, especially at night. There are effective medical and surgical options to improve your condition if an enlarged prostate is affecting your daily life. In managing an enlarged prostate, several medical options are available, each tailored to the severity of symptoms and the patient’s overall health. Prostate lift: The minimally invasive procedure uses small implants to lift and hold enlarged prostate tissue, thus unblocking urine flow.

Persons: King Charles III, King Charles, it’s, Jamin Organizations: CNN, Alpha, Orlando Health, Florida Urological Society Locations: London, Florida

☆ 'Maestro' is obvious Oscars bait, but that doesn't make it a good movie
▼ + stars: | 2024-01-23 | by ( ) www.businessinsider.com time to read: +4 min

Directed by Bradley Cooper and starring Cooper and Carey Mulligan, "Maestro" is gunning for major awards. Here's why "Maestro" fails as Oscar bait. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What I mean by that is that "Maestro," from the very jump, is aware of its own artistry and impact. Carey Mulligan as Felicia Montealegre and Bradley Cooper as Leonard Bernstein in "Maestro."

Persons: Bradley Cooper, Cooper, Carey Mulligan, gunning, Maestro, —, Leonard Bernstein, Felicia Montealegre, Bernstein, wistfully, Montealegre, it's, Mulligan, Oscar Organizations: Service, Netflix Locations: New York City

☆ Jim Cramer says troubles in the Red Sea will hinder the Fed's fight against inflation
▼ + stars: | 2024-01-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday warned that soaring shipping costs due to troubles in the Red Sea won't help the U.S. tamp down inflation, telling investors they shouldn't bank on a lot of rate cuts from the Federal Reserve. "If the last few years have taught us anything, it's that supply disruptions are the bane of the Fed's fight against inflation," he said. In recent weeks, Yemen-based Houthis have attacked ships traveling through the Red Sea, one of the most important global shipping routes. As a result, many major shipping companies are sending their vessels on lengthy and expensive detours, causing freight prices to skyrocket. And with hotter-than-expected figures for December's consumer price index and retail sales, Cramer argued inflation could already be on the rise.

Persons: CNBC's Jim Cramer, freight's, Cramer, they're Organizations: Federal Reserve, FedEx, Canadian, Canadian Pacific Kansas City Locations: Yemen, Canadian Pacific Kansas

☆ Ava DuVernay on her ‘rebellious and radical’ new film ‘Origin’ and the ‘caste system of Hollywood’
▼ + stars: | 2024-01-18 | by ( Thomas Page | ) edition.cnn.com time to read: +8 min

With “Origin,” her latest film, she was forced to dig in a little deeper. She built that film herself – it’s an absolutely Herculean effort.”Jon Bernthal and Aunjanue Ellis-Taylor star as a married couple in Ava DuVernay's film "Origin." Atsushi Nishijima/NEON“Origin” began life at Netflix before DuVernay split and pivoted to independent financing (the film is distributed in the US by Neon). “Because we were making a film about this idea of caste, this system of hierarchy, (DuVernay) wanted to do away with that on set,” she said. The streamer had reportedly eyed a 2025 release, but the director wanted the film out well ahead of the 2024 US election.

Persons: CNN —, ‘, ‘ That’s, ” Ava DuVernay, Isabel Wilkerson, namechecked, Barack Obama, “ Selma, ”, DuVernay, Wilkerson, Niecy Nash, Betts, Marion, “, Jon Bernthal, Brett, Wilkerson’s, – it’s, ” Jon Bernthal, Aunjanue Ellis, Taylor, Ava DuVernay's, Atsushi Nishijima, ” DuVernay, Oscar, “ King Richard, that’s what’s, George Zimmerman, Trayvon Martin, Husband Brett, Ellis, ” Brett, Bernthal “, Nash, let’s, ” Bernthal, I’ve, it’s, undersells Organizations: CNN, Pulitzer, Netflix, DuVernay, Reich Locations: United States, India, Nazi Germany, Texas, Delhi, Germany

His death ignited widespread calls for police reform in Baltimore and led the U.S. Department of Justice to open an investigation into the agency. As a result of those findings, the department entered into a consent decree with federal prosecutors in 2017 that outlines a series of mandated reform measures. Prosecutors acknowledged the department's progress in a joint motion filed Tuesday, saying the agency had complied with two sections of the decree. The department has achieved full compliance with 25% of the paragraphs contained in the consent decree, while another 60% have been deemed to be on track to compliance, officials said. “Reform and accountability go hand in hand with law enforcement productivity,” said Baltimore Mayor Brandon Scott.

Persons: Freddie Gray, Gray, Ebony Thompson, Richard Worley, ”, ” Worley, Worley, Baltimore Mayor Brandon Scott, “ Organizations: BALTIMORE, —, Baltimore Police Department, U.S . Department of Justice, Prosecutors, “, Baltimore Mayor Locations: Baltimore

☆ Chart Master: It's time to sell FedEx and UPS
▼ + stars: | 2024-01-16 | 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 EmailChart Master: It's time to sell FedEx and UPSCarter Worth, Worth Charting, joins 'Fast Money' to explain why he sees trouble ahead for transports.

Persons: UPS Carter Organizations: FedEx, UPS

☆ Tanker companies temporarily halt traffic toward Red Sea after U.S. airstrikes on Houthi militants
▼ + stars: | 2024-01-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

An Egyptian man sits and eats ice cream as he watches international cargo and tanker ships pass through the Suez canalSeveral of the world's major tanker companies on Friday halted traffic toward the Red Sea after U.S. and British airstrikes on Iran-allied Houthi militants in Yemen. The companies are among the world's largest operators of tankers for petroleum products such as gasoline, according to their websites. The multinational coalition advised ships to avoid transiting the Bab el-Mandeb Strait for "several days," according to a statement from the International Association of Independent Tanker Owners. The Bab el-Mandeb Strait connects the Gulf of Aden with the Red Sea. Some 7 million barrels of crude oil and products transit the Red Sea daily, according the trade analytics firm Kpler.

Persons: Sheena Williamson, Holt, Bab Organizations: Stena Bulk, Combined Maritime Forces, U.S, CNBC, International Association of Independent Tanker Locations: Suez, Iran, Yemen, Torm, Mandeb, Aden

☆ How B.J. Novak turned a tribute to chain restaurants into the hottest ticket in Hollywood with a 25,000-person waitlist
▼ + stars: | 2024-01-05 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +11 min

Chain pays tribute to these restaurants with new interpretations of their most iconic dishes, which are created by Michelin-starred chef Tim Hollingsworth. "We all came up on different chain restaurants and, from a very authentic place, we all got excited about them." Advertisement"Ironically, since we started Chain, these chain restaurants have had sort of this resurgence," Hollingsworth said. How did a comedian, film producer, and Michelin-starred chef help predict the resurgence of chain restaurants? "It's become so hard to capture the attention and interest of a massive amount of people, but chain restaurants have been around for 50 or 60 years.

Persons: —, Jack, B.J, Novak, Friendly's, Nicholas Kraft, Chain, Tim Hollingsworth, Kraft, hadn't, Bell, Mindy Kaling, John Legend, Chrissy Teigen, margarita, Rachel Bilson, Dunkin, Chrissy, Red Robin, Let's, Phil Rosenthal, Chef Hollingsworth, Thomas Keller's, Hollingsworth, Ruth De Jong, Oppenheimer, John Mayer, Andy Cohen, lockdowns, Tim Hollingsworth's, Bell's, Taco Bell, De Jong, We're, Finneas, It's Organizations: Service, Michelin, Business, New Americana, ChainFest, Steakhouse, Crunchwrap, Panda Express, Texas Locations: Boston, Los Angeles, Olive, ChainFest, Seattle, LA, Napa, Texas, West Hollywood

☆ An options hedge on the stock market if the Santa rally fails to continue
▼ + stars: | 2023-12-21 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Then we'll review what I think will happen into year end and a possible market hedge idea. FedEx gave us a sense of how things are looking when they reported earnings Tuesday evening, and it wasn't good. We got all of them out of FedEx earnings, they hit a dinger, in a bad way, which disappointed the Street to say the least. Market downside reversal I was surprised when, after dipping slightly on the open the Dow Jones Industrial Average rallied mildly. Hedge The S & P 500 SPDR Trust (SPY) January $460 puts were $2.98 as of the close Wednesday.

Persons: we'll, Charles Dow, Ken Hoexter, Raj Sumbramaniam, I'm, Goldman Sachs, Apple isn't, Santa Claus, Today's Organizations: FedEx, The, Journal, Bank of America, Dow Jones Industrial, Depot, Caterpillar, Boeing, Honeywell, Nasdaq, Apple, Bollinger, FDX Locations: Tuesday's, Santa

☆ Planet-forming disk detected around star in another galaxy for the first time
▼ + stars: | 2023-11-30 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —For the first time, astronomers have glimpsed a young star outside the Milky Way galaxy that’s ringed by a dense disk where planets may form. The massive star, called HH 1177, and its rotating disk were spotted in the Large Magellanic Cloud, a neighboring dwarf galaxy that’s about 160,000 light-years away. The gas and dust accumulate in a flat disk around the star, known as an accretion disk, as a result of strong gravitational forces. The Multi Unit Spectroscopic Explorer, or MUSE instrument, on the telescope captured a jet of material releasing from the young star. To discern whether a disk was present around the star, the team needed to measure how quickly dense gas moved around the star.

Persons: ”, Anna McLeod, ” McLeod, McLeod, Jonathan Henshaw, aren’t, “ Organizations: CNN, Durham University, Southern, ESO, Liverpool John Moores University Locations: ALMA, United Kingdom, Chile

☆ 'Tax the bad' to boost climate finance, COP28 panel advises
▼ + stars: | 2023-11-29 | by ( Mark John | ) www.reuters.com time to read: +4 min

[1/3] A general view shows Marathon Petroleum's refinery, following Russia's invasion of Ukraine, in Anacortes, Washington, U.S., March 9, 2022. Higher carbon taxes - including levies on emissions from the maritime and aviation sectors - should be among options COP28 studies, the panel recommended. Subsidies for fossil fuels totalled $1.3 trillion, and substantially more if counting the societal cost of dealing with emissions and pollution. Co-chair Nicholas Stern, professor at LSE/Grantham Research Institute, said there was a compelling case for energy companies to make voluntary contributions. "I think that moral obligation is something that will be emphasised at COP28, and indeed before and after," he said.

Persons: David Ryder, Amar Bhattacharya, Vera Songwe, Nicholas Stern, Mark John, Barbara Lewis Organizations: REUTERS, Summit, United Arab, Brookings, Center, Sustainable Development, Investments, World Bank, LSE, Grantham Research Institute, Aviation, Thomson Locations: Ukraine, Anacortes , Washington , U.S, Dubai, United Arab Emirates, Paris, COP28, China

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Dollar Tree, Mondelez, Teva, Ulta, Carnival & more
▼ + stars: | 2023-11-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Deutsche Bank reiterates Saia as buy Deutsche said the transports company has "earnings power." JMP downgrades Okta to market perform from market outperform JMP downgraded the stock after a recent security incident. "We downgrade our rating to Market Perform from Under Review (Market Outperform prior) on Okta, Inc. in the wake of the most recent security incident announced on October 20." Wells Fargo reiterates Dollar Tree as overweight Wells said it's standing by its overweight rating on the stock heading into earnings next week. Melius upgrades Carnival to buy from hold Melius said it's "hard to not become incrementally bullish" on the stock.

Persons: Saia, Key, Wells, DLTR, Raymond James downgrades Weyerhaeuser, Raymond James, Redburn, Bernstein, Tesla, underperform Bernstein, Needham, Aston Martin, Jefferies, Pulte, Melius Organizations: Deutsche Bank, Deutsche, Bloom Energy, Clean Tech, Citi, New, Ulta Citi, Inc, Dominion, Weyerhaeuser, UBS, Waste Management, Novartis, EV, Pulte Group, RBC, GE Healthcare, Nvidia

☆ 5 essential books and articles that are required reading for Hollywood up-and-comers, according to a top TV agent at WME
▼ + stars: | 2023-11-24 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

In the end, though, motivated by his fascination with the business side of entertainment, he'd choose a different path: to become an agent at WME, the powerhouse Hollywood talent agency he joined through its storied mailroom training program. Singer advises industry newcomers to read as much as they can to get ahead. WME partner Bradley Singer maintains a list of must-read books and articles for industry newcomers. "When Hollywood Had a King by Connie Bruck" (2004): "You can't understand modern Hollywood without understanding Lew Wasserman, who revolutionized both the talent agency business and the studio business between MCA and Universal. "The Agency: William Morris and the Hidden History of Hollywood" is one of WME partner Bradley Singer's must-read book recommendations.

Persons: Bradley Singer, he'd, Singer, Lydia Barry, Kaitlin Collins, Symone Sanders, Linsey Davis, Sunny Hostin, Ana Navarro, hadn't, — Singer, Read, William Morris, Frank Rose, Connie Bruck, Lew Wasserman, Connie Bruck's, EJ Kahn, Abe Lastfogel, Lastfogel, Sue, Peter Biskind, Sue Mengers, Gene Hackman, Barbra Streisand, Sue …, Mark McCormack —, Swift, McCormack, Wasserman, Ovitz, Emanuel, Bradley Singer's Organizations: Carnegie Mellon University, Bradley, Hollywood, WME, Business, CNN, MSNBC, ABC News, Street Journal Studios, Bloomberg Media, Puck, —, MCA, Universal, Lindy's, Yorker, East, Sports, IMG Locations: WME, New York City, Hollywood

☆ Transport won't be ready, Paris mayor says ahead of 2024 Games
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +2 min

Paris' Mayor Anne Hidalgo attends the 105th session of the Congress of Mayors organised by the "France's Mayors' Association" (AMF), in Paris, France, November 21, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsPARIS, Nov 23 (Reuters) - Paris will not be ready for the Olympics and Paralympics in terms of transport and sheltering the homeless, city mayor Anne Hidalgo has said. "There will be places where (public) transport will not be ready because there will not be enough trains and not frequently enough," Hidalgo told news show Quotidien in thinly veiled criticism of Paris region president Valerie Pecresse. The Ile de France (Paris region) Regional Council, led by right-winger Pecresse, is in charge of transports in the region. Socialist Hidalgo said the RER (regional express train) station at Porte Maillot in western Paris would not be ready for the July 26-Aug 11 Games.

Persons: Mayor Anne Hidalgo, Sarah Meyssonnier, Anne Hidalgo, Hidalgo, Valerie Pecresse, Pecresse, I'm, Julien Pretot, Ken Ferris Organizations: Mayor, Mayors, Association, REUTERS, Rights, Olympics, Regional Council, Thomson Locations: Paris, France, Porte

☆ Morgan Stanley: These are the best 65 stocks to buy in 2024 as investors face macroeconomic headwinds, lower growth, and restrictive monetary policy
▼ + stars: | 2023-11-19 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Here's how Morgan Stanley thinks the stock market will move in 2024, the economic warning signs investors should watch for, and which stocks are best positioned to outperform next year. A stronger stock market in 2024You'd think with the myriad problems stocks are facing right now that the market is in for a difficult year ahead. Wilson believes that earnings growth will accelerate as the year progresses. Morgan StanleyBeyond strong earnings growth for individual companies, Wilson expects that increased spending in a variety of industries will provide fiscal support across the market. Guided by the themes above, Wilson polled Morgan Stanley analysts for their top stock picks heading into 2024.

Persons: Morgan Stanley, Michael Wilson, Morgan Stanley Wilson, Wilson, Jerome Powell Organizations: Business, Reserve, Walmart, Target, Fed, White House Locations: headwinds, bailouts

☆ Ukraine's Zelenskiy Slaps Sanctions on 108 People, 37 Russian Groups
▼ + stars: | 2023-11-18 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

By Maria Starkova and Elaine MonaghanLVIV, Ukraine (Reuters) - President Volodymyr Zelenskiy has sanctioned 37 Russian groups and 108 people including a former prime minister and a former education minister and said he aimed to fight wartime abductions of children from Ukraine and other "Russian terror". Zelenskiy did not associate specific individuals or groups with particular wrongdoings. The decrees showed a range of 10-year penalties against individuals and five-year penalties against non-profit groups including one named in English as the "Russian Children's Foundation." Some of the newly-sanctioned people, which included many with Russian citizenship, had previously been punished with separate or similar penalties. The sanctioned Russian groups included several whose names or websites indicate they work with children.

Persons: Maria Starkova, Elaine Monaghan, Volodymyr Zelenskiy, Zelenskiy, Dmytro Tabachnyk, Mykola Azarov, Viktor Yanukovich, Azarov, Sergei Aksyonov, Leonid Pasechnik, Putin, Kvartal Lui, Maria Lvova, Vladimir Putin, Sofia Lvova, Alexander Lukashenko, Zelenskiy's, Franklin Paul Organizations: Reuters, Russian Children's Foundation, Russian, Kyiv, Criminal, Lvova, Yale University, State Department, National Security, Defence Council Locations: Elaine Monaghan LVIV, Ukraine, Russia, Kyiv, Russian, Crimea, Luhansk, Ukrainian, The Hague, Belarus, Putin, Washington

LVIV, Ukraine, Nov 19 (Reuters) - President Volodymyr Zelenskiy has sanctioned 37 Russian groups and 108 people including a former prime minister and a former education minister and said he aimed to fight wartime abductions of children from Ukraine and other "Russian terror". Zelenskiy did not associate specific individuals or groups with particular wrongdoings. The decrees showed a range of 10-year penalties against individuals and five-year penalties against non-profit groups including one named in English as the "Russian Children's Foundation." Some of the newly-sanctioned people, which included many with Russian citizenship, had previously been punished with separate or similar penalties. The sanctioned Russian groups included several whose names or websites indicate they work with children.

Persons: Volodymyr Zelenskiy, Zelenskiy, Dmytro Tabachnyk, Mykola Azarov, Viktor Yanukovich, Azarov, Sergei Aksyonov, Leonid Pasechnik, Putin, Kvartal Lui, Maria Lvova, Vladimir Putin, Sofia Lvova, Alexander Lukashenko, Zelenskiy's, Elaine Monaghan, Franklin Paul Organizations: Russian Children's Foundation, Russian, Kyiv, Criminal, Lvova, Yale University, State Department, National Security, Defence Council, Franklin Paul Our, Thomson Locations: LVIV, Ukraine, Russia, Kyiv, Russian, Crimea, Luhansk, Ukrainian, The Hague, Belarus, Putin, Washington

☆ Thousands of Ukrainian children taken to Belarus -Yale research
▼ + stars: | 2023-11-16 | by ( Anthony Deutsch | ) www.reuters.com time to read: +4 min

More than 2,000 children Yale identified were transported to the Dubrava children's centre in Belarus' Minsk region between September 2022 and May 2023, it said, while 392 children were taken to 12 other facilities. "Russia's federal government and Belarus' regime have been working together to coordinate and fund the movement of children from Russia-occupied Ukraine through Russia to Belarus." Transports to Belarus through Russia were "ultimately coordinated" between Russian President Vladimir Putin and Belarus leader Alexander Lukashenko, it added. Lukashenko approved the use of state organizations to transport children from Ukraine to Belarus and finance their transportation, the Yale report said. Once in Belarus, children have been subjected to military training and re-education, it said.

Persons: Alexander Lukashenko, Pavel Bednyakov, Vladimir Putin, Russia's Putin, Maria Lvova, Lukashenko, David Ljunggren, Mike Collett, White, Alexandra Hudson, Rosalba O'Brien Organizations: Commonwealth of Independent States, CIS, Sputnik, Rights, Yale University, Humanitarian, Yale School of Public Health, State Department, Reuters, U.S . State Department, Ukraine, Yale, Transports, Criminal, Thomson Locations: Bishkek, Kyrgyzstan, Ukraine, Belarus, Russia, Russian, United States, Ukraine's Donetsk, Luhansk, Kherson, Minsk, The Hague

☆ Weak volumes in transports indicate a softer holiday, says Kayne Anderson Rudnick's Julie Biel
▼ + stars: | 2023-11-07 | 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 EmailWeak volumes in transports indicate a softer holiday, says Kayne Anderson Rudnick's Julie BielBrian Reynolds, Reynolds Strategy chief market strategist, and Julie Biel, Kayne Anderson Rudnick portfolio manager and senior research analyst, join 'The Exchange' to discuss rising delinquency rates, the outlook for the holiday season, and more.

Persons: Kayne Anderson, Julie Biel Brian Reynolds, Julie Biel Organizations: Reynolds Strategy

☆ Pipeline operator Enbridge beats profit targets on higher transport volumes
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNov 3 (Reuters) - Pipeline operator Enbridge (ENB.TO) on Friday beat third-quarter profit estimates, benefiting from transporting higher volumes of oil and other liquids. Calgary, Alberta-based Enbridge moves about 30% of the crude oil produced in North America, and nearly 20% of the natural gas consumed in the United States. Mainline system transports light and heavy crude oil, natural gas liquids, and refined products from Edmonton, Alberta to various markets in Canada and the U.S. Midwest. In September, the company announced a $14 billion bid for Dominion Energy's (D.N) three utility assets, to create North America's largest gas utility platform. ($1 = 1.3735 Canadian dollars)Reporting by Tanay Dhumal in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Helgren, Gregory Ebel, Ebel, Tanay, Shinjini Organizations: REUTERS, U.S . Midwest, Quarterly, Dominion, Thomson Locations: Calgary, North, Vancouver , British Columbia, Canada, Ukraine, Calgary , Alberta, North America, United States, Edmonton , Alberta, Enbridge, Bengaluru

☆ S.Korea exports snap year-long downturn, recovery in China demand slow
▼ + stars: | 2023-11-01 | by ( Jihoon Lee | ) www.reuters.com time to read: +3 min

Overseas sales last month by Asia's fourth-largest economy rose 5.1% year-on-year to $55.09 billion, trade data showed on Wednesday. By destination, exports to the United States gained 17.3%, the most since May 2022, while China-bound shipments fell 9.5%, the least in 13 months. Exports of cars rose 19.8%, extending gains to a 16th straight month, while petroleum products also jumped 18.0%, after seven straight months of decline. Semiconductor shipments fell for the 15th consecutive month, but the 3.1% drop in October was the smallest in the streak. In October, South Korea's factory activity contracted for the 16th straight month, but the decline in new export orders softened, another survey showed on Wednesday.

Persons: Lee Jae, Asia's, Lee Jeong, Jihoon Lee, Christian Schmollinger, Muralikumar Anantharaman, Sonali Paul Organizations: Busan New, REUTERS, Rights, Overseas, United States, Eugene Investment Securities, Trade, Thomson Locations: Busan, Busan New Port, Seoul, Rights SEOUL, United States, China, United, Israel, South

But national winter wheat yield ended up only about 2% below the long-term trend in 2023. Winter wheat there is only 32% GE, down from the week’s five-year average of 43% but above the year-ago 24%. Winter wheat is 42% and 41% GE, respectively, equal to the Oklahoma average and 13 points above the Texas one. Winter wheat at 47% GE is among the lower ratings for the date historically, but it is not necessarily in poor company. U.S. winter wheat conditions, fall versus springKaren Braun is a market analyst for Reuters.

Persons: Amira Karaoud, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, U.S . Department of Agriculture, GE, Nino, El Nino, Reuters, Thomson Locations: Shelbyville , Kentucky, U.S, Rights NAPERVILLE , Illinois, United States, Kansas, Illinois, Ohio, Missouri , Kentucky, Tennessee, Oklahoma, Texas, Southern

☆ Roughly 50% of the Dow Transports reports results Wednesday and Thursday
▼ + stars: | 2023-10-25 | 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 EmailRoughly 50% of the Dow Transports reports results Wednesday and ThursdayCNBC's Frank Holland reports on the latest news from the transports sector.

Persons: Frank Holland Organizations: Dow Transports

☆ The Dow's transportation index is ringing alarm bells about the broader stock market
▼ + stars: | 2023-10-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

A decline in transportation stocks is sending a worrying signal about the broader stock market. Transportation stocks are viewed as a leading indicator because they point to the movement of goods around the country. AdvertisementAdvertisementA steady decline in transportation stocks is sending a worrying signal about the broader stock market and its chances to stage a year-end rally. If companies are seeing a slowdown in growth and their stock prices fall, it could be a grim warning for the rest of the economy and stock market. AdvertisementAdvertisementAnd if the latter happens, crucial support levels would be broken and investors' highly anticipated year-end rally in the stock market, partly explained by bullish seasonals, would be on thin ice.

Persons: —, Hunt, Dow Jones, bullish seasonals, J.B, Shelley Simpson, Robert Isom, We're, Isom, Joe Hinrichs, Hinrich, Dow, Manuel Blay, TheDowTheory.com, Dow Industrials Organizations: Service, Dow Jones Transportation, United Airlines, American Airlines, CSX Transportation, Dow, Industrial, CNBC, CSX Locations: Israel

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