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Don't overpay for prescriptions—even well-marketed ones
  + stars: | 2022-12-29 | by ( Ryan Ermey | ) www.cnbc.com   time to read: +1 min
In times when I felt otherwise unappealing, my hair was always there — thick, coifed and widow's peaked. So at the very first signs my hairline was receding in my mid-20s, I started taking a drug to stop it. In the years since I began preempting my hair loss, a handful of companies have begun marketing to people with similar anxieties to mine. All boast well-designed websites, discreet packaging and messaging providing reassurance that your thinning hair or sexual underperformance can be treated without the awkwardness of seeing your doctor. Had they been around at the time, these are companies I likely would have signed up with.
Ten of the 30 stocks in the average are on track to end the year with gains as of Friday, according to FactSet. Here are the best and worst performing stocks in the index this year and what analysts think is coming next. In all, 61% of analysts rate the stock a hold with a price target that implies a 15.2% upside. Still, analysts like the stock, with the average price target showing a 50.8% upside. More than four-fifths, or 82%, of analysts rate the stock overweight or buy, with an expected upside of 35.9%.
The S & P 500 has shed more than 18% on the same basis, and the Nasdaq Composite is down more than 32% . It's rare that the Dow would beat out the S & P 500 on a total-return basis at all. "Over time, the Dow correlates with the S & P 500," said Howard Silverblatt, senior index analyst for S & P Dow Jones Indices. On the flipside, large tech names in the S & P 500 have done much worse. In addition, Wall Street analysts say it is unlikely that the Dow will again outperform the S & P 500 in 2023.
Stock futures are trading up slightly Monday night as investors tried to shake the previous session's selloff. S&P 500 futures and Nasdaq-100 futures both gained 0.1%. Monday's close marked a negative start to the trading week. Market observers are still largely expecting a 50 basis point increase to interest rates at the Fed's December meeting. Investors will look ahead to data Tuesday morning on international trade for insight into the strength of the U.S. and global economy.
The landmark case was the first to test whether the NCAA could be held liable for traumatic brain injuries suffered by players, lawyers said. “The NCAA bore no responsibility for Mr. Gee’s tragic death, and furthermore, the case was not supported by medical science linking Mr. Gee’s death to his college football career,” Bearby said. Alana Gee’s lawyers did not immediately respond to requests for comment. Alana Gee's lawyers said his substance abuse and health problems stemmed from CTE. Tests of Gee's brain tissue following his death concluded that he suffered from CTE and that this “likely contributed” to his cognitive decline, according to Alana Gee's November 2020 lawsuit.
The Dow has climbed in the run-up to Tuesday's midterm elections, fitting into a historical pattern of bullish trading every four years. According to the Stock Trader's Almanac, the Dow has consistently risen before and after midterm elections for nearly 90 years. "An impressive 2.8% has been the average gain during the eight trading days surrounding midterm election days since 1934. This is equivalent to roughly 966 Dow points per day at present levels," the Almanac says. It is unclear why the historical trends are strong for midterm elections in particular.
Nigerian widows end their case in the Netherlands against Shell
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Widows Esther Kiobel and Victoria Bera are seen at a court after a hearing for a damages suit brought against energy company Royal Dutch Shell by four widows of activists executed by Nigerian government in 1995, in The Hague, Netherlands May 01, 2019. REUTERS/Piroschka van de WouwAMSTERDAM, Nov 7 (Reuters) - A group of four widows who had sought to hold Shell (SHEL.L) liable for damages in the Netherlands after their anti-oil activist husbands were executed by the Nigerian government in 1995 have cancelled further legal proceedings, their lawyer said on Monday. "Obviously this is not without disappointment and frustration," said lawyer Channa Samkalden in statement announcing that the widows have cancelled an appeal launched after the Hague District Court rejected their case earlier this year. In March, the Hague court ruled there was not enough evidence to support the widows' assertion that Shell had bribed witnesses to give false testimony in the trial that led to the men's executions. "We have always denied the allegations made against Shell in this case," Shell said in a statement Monday.
The Fed, which begins its two-day meeting Tuesday, is expected to deliver a fourth straight 75-basis-point rate hike on Wednesday in its attempt to tame inflation. The pan-European STOXX 600 index (.STOXX) rose 0.35% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) shed 0.44%. read moreKey food and energy prices drop after initial panicGRAINS REPORTIn currencies, the dollar rose 0.8% against the struggling yen to 148.62 yen . Brazil's currency and main stock index rallied Monday, a day after leftist Luiz Inacio Lula da Silva won the country's presidential election. The Bovespa stock index (.BVSP) sank 2% at the opening and ended the session up 1.3%.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChartmaster says short Dow, buy S&P after Dow's outperformanceThe traders discuss a call by Chartmaster Carter Worth of Worth Charting to short the Dow and buy the S&P. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDow's performance a harbinger of what's to come in the next few years, says Cerity's LebenthalCNBC's Halftime Report Investment Committee discuss the biggest market stories from the week, including what's behind the latest move in the Dow.
That sent S&P 500 futures down 0.5% and Nasdaq futures down 0.6%, showing traders expect Wall Street to open lower on Friday. Among the 11 major sectors of the S&P 500, industrials had the biggest percentage gain, with communication services (.SPLRCL), weighed by Meta, down the most. Third-quarter reporting season forges ahead at full speed, with 227 of the companies in the S&P 500 having reported. Shares of Southwest Airlines Co (LUV.N) rose 2.7% after the carrier's quarterly profit topped consensus estimates. The S&P 500 posted 23 new 52-week highs and 12 new lows; the Nasdaq Composite recorded 93 new highs and 119 new lows.
Dow forecasts dour Q4 as energy costs, inflation bite
  + stars: | 2022-10-20 | by ( ) www.reuters.com   time to read: +2 min
It forecast fourth-quarter net sales in the range of $11.5 billion to $12.0 billion, compared to Wall Street consensus of $12.30 billion, per Refinitiv data. Register now for FREE unlimited access to Reuters.com RegisterDespite persistent cost and supply chain pressures in the quarter, Dow beat analysts' estimates for third-quarter revenue and profit. Excluding items, Dow's operating income was $1.11 per share, its lowest in six quarters, beating market expectations of $1.08 a share. Sales fell 4.9% to $14.2 billion due to declines in its industrial intermediates and infrastructure as well as its packaging and specialty plastics units. Quarterly sales volume was down 4%, driven by a 12% decline in Dow's Europe, Middle East, Africa and India (EMEAI) division.
The company said wireless revenue rose 5.6%, the best quarterly improvement in more than a decade, and postpaid phone net additions came in higher than expected. American Airlines (AAL) – American Airlines beat top and bottom line estimates for the third quarter as travel demand continued to surge despite economic worries. Blackstone (BX) – Blackstone added 1% in premarket action following better-than-expected quarterly results. Tesla (TSLA) – Tesla slid 5.3% in premarket trading after it reported lower-than-expected quarterly revenue and cut its full-year delivery target. Las Vegas Sands (LVS) – Las Vegas Sands reported a larger-than-expected loss for the third quarter, while revenue beat analyst forecasts.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer says Walmart and Apple are two of the Dow's biggest winners during Q3Cramer went over the biggest winners and losers in the Dow Jones Industrial Average during the third quarter on Monday.
Shares of Intel (INTC) are down more than 45% this year, making it the biggest dog of the Dow. Intel (INTC) is struggling despite well-publicized plans to build more plants in the United States and hire more at home. To be fair, Intel is not the only chip company that’s having a tough time this year. But longer-term, I think Intel will right the ship,” said Jeff Travis, portfolio manager of Oak Associates Funds. Travis does think that semiconductor stocks are still a good “secular growth industry” and that valuations are now attractive given how sharply the stocks have fallen.
His doctor had prescribed him antidepressants, but he was starting to realize that his mental health issues needed additional care. They said that doing so could alleviate the struggles of others, and that it's important for law firm attorneys to understand they aren't alone. He also co-founded the Lawyers Depression Project, a support network of some 900 legal professionals around the world, an endeavor he has found meaningful. "I didn't feel like I could keep surviving in an environment that played into the worst aspects of my own mental health," Alexander said. For lawyer-specific inquiries, you can find confidential, live assistance through Lawyer Assistance Programs offered through your state bar, as well as through the Lawyers Depression Project.
If you aren't yet a subscriber to Investing Insider, you can sign up here. That's where the Investing team at Business Insider comes in. -- JoeJoin Business Insider on July 8 at 12 p.m. Ruobing Su/Business InsiderBusiness Insider spent weeks talking to stock analysts across Wall Street — and not just in popular sectors like tech and retail. We spoke to 11 of the top-ranked on Wall Street to get their forecasts and single-stock picks.
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