DIRS.INFO The most relevant business & tech news

☆ New Mexico AG on targeting online predators: Meta's platforms are not safe for children
▼ + stars: | 2024-05-09 | 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 EmailNew Mexico AG on targeting online predators: Meta's platforms are not safe for childrenNew Mexico Attorney General Raul Torrez joins 'Squawk Box' to discuss the arrest of three suspected online predators following a months-long undercover investigation of child predators operating on Meta's platforms, why he believes only Mark Zuckerberg and his executive team have the power to make the products safe to use, and more.

Persons: Raul Torrez, Mark Zuckerberg Organizations: Mexico AG, New Locations: Mexico, New Mexico

☆ This emerging Nike competitor is set to break out ahead of earnings, according to the charts
▼ + stars: | 2024-05-07 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Has the time arrived for the stock to break free from a range heading into earnings next week? There has been much hype around this emerging Swiss company that grew revenues by 68% in 2022, 46% in 2023, and are expected to grow revenues by more than 25% in 2024 and 2025. Technically speaking ,that range of overhead resistance for On Holding (ONON) is easy to see on the weekly chart below. There was weekly downtrend line resistance originating from the 2022 high that was broken in Q1 '24. On earnings ahead Heading into earnings, I think it's wise to refer back to Q4 of 2023 earnings announced on March 12.

Persons: Shoemaker, I've, CROX, Todd Gordon, Gordon, ONON Organizations: Nike, Air, swiss, Inside Edge, Edge Capita Locations: Swiss, U.S, SKX

☆ UBS swings back to profit and smashes earnings expectations for the first quarter
▼ + stars: | 2024-05-07 | by ( Jenni Reid | ) www.cnbc.com time to read: 1 min

UBS logo is seen at the office building in Krakow, Poland on February 22, 2024. UBS on Tuesday reported a swing back to profit after two quarterly losses as it smashed first-quarter expectations, with results bolstered by higher wealth management revenues. Lower expenses and consolidation benefits following the takeover of Credit Suisse in June 2023 also helped the bank post a net profit of $1.8 billion in the first quarter, ahead of a consensus forecast in an LSEG poll of $721.4 million. The Swiss banking giant is continuing to process the mammoth integration of its former rival. The firm said Tuesday that it expects to complete the merger of UBS AG and Credit Suisse AG into a single U.S. intermediate holding company in the second quarter, and the merger of its Swiss entities in the third quarter.

Organizations: UBS, Credit Suisse, UBS AG, Credit Suisse AG Locations: Krakow, Poland, Swiss, U.S

☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Mercedes-Benz says U.S. DOJ ended investigation into diesel emissions scandal
▼ + stars: | 2024-04-27 | by ( ) www.cnbc.com time to read: +1 min

The steering wheel in a moving Mercedes EQS 580 4Matic, when using the Drive Pilot, a technology of Mercedes Benz AG for autonomous driving. The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the car manufacturer is no longer facing charges, the company said on Saturday. Mercedes-Benz cooperated fully with the DOJ, Renata Jungo Bruengger, board member for integrity, governance and sustainability at Mercedes, said in an emailed statement. In 2016, the U.S. DOJ called on Mercedes-Benz to conduct an internal investigation into possible manipulated emissions, opens new tab values in diesel vehicles. The car maker was accused of deceiving consumers by marketing its BlueTEC vehicles as "the world's cleanest and most advanced diesel."

Persons: Renata Jungo Bruengger Organizations: Mercedes, Mercedes Benz AG, U.S . Department of Justice, Benz, U.S, DOJ

☆ Daimler Truck reaches deal with United Auto Workers, averts U.S. strike
▼ + stars: | 2024-04-27 | by ( ) www.cnbc.com time to read: +2 min

An eActros is unveiled at the Mercedes-Benz truck plant of Daimler Truck AG on Ocotber 7, 2021. Daimler Truck agreed to a new labor contract on Friday with over 7,300 hourly workers represented by the United Auto Workers (UAW) at six facilities in the U.S. South, averting a strike at the 11th hour. Daimler Truck, which makes Freightliner and Western Star trucks and Thomas Built buses, had faced the possibility of a strike beginning at midnight ET. Fain's speech on Friday started almost an hour later than scheduled as Daimler Truck made late concessions, Fain explained. Under Friday's deal, Daimler Truck workers will receive a minimum 25% general wage increase over the four-year contract, Fain said.

Persons: Shawn Fain, Thomas, Daimler Truck, Fain Organizations: Mercedes, Benz, Daimler Truck AG, Daimler, United Auto Workers, UAW, YouTube, Freightliner, Western Star, Daimler Truck, Detroit Three, General Motors, Ford, Detroit Locations: U.S, Charlotte , North Carolina, Alabama

☆ AGCO CEO Eric Hansotia: We're serving every farmer around the world, regardless of brand
▼ + stars: | 2024-04-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

AGCO CEO Eric Hansotia: We're serving every farmer around the world, regardless of brandAGCO CEO Eric Hansotia joins 'Mad Money' host Jim Cramer to talk the Ag Tech business, growth in the industry, its global business and more.

Persons: Eric Hansotia, Jim Cramer Organizations: Ag Tech

☆ Swiss pharma giant Roche's first-quarter sales edge higher as its emerges from post-Covid-19 slump
▼ + stars: | 2024-04-24 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Swiss pharmaceutical company Roche on Wednesday reported a modest uptick in first-quarter sales, even as waning demand for its Covid-19 products continued to weigh on the company. Sales were up 2% at constant exchange rates, led by stronger demand for Roche's newer medicines and diagnostics, the company said. Excluding Covid-19 products, sales were up 7%. But sales tightened when reported in the company's local currency, down 6% off the back of a strong Swiss franc. Roche CEO Thomas Schinecker on Wednesday confirmed the company's 2024 outlook, saying it was largely out of the woods following a post-Covid-19 slump.

Persons: Roche, Thomas Schinecker, Schinecker Organizations: Roche, AG, Wednesday, Reuters Locations: Basel, Switzerland, Swiss

☆ Drugmaker Novartis climbs 4.4% after guidance rise on sales of blockbuster drugs
▼ + stars: | 2024-04-23 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Signage for Novartis AG at a building in the company's headquarters campus in Basel, Switzerland, on Monday, Jan. 8, 2023. Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals on Tuesday, after the company raised its full-year guidance following better-than-expected first-quarter results. Novartis' net sales rose 11% in the first three months of the year, while core operating income increased 22% over the same period. Narasimhan said the company continued to advance its drug pipeline in the first quarter, including treatments for prostate cancer and leukemia. "The momentum in our business and pipeline gives us continued confidence in our mid- and long-term growth outlook," he said.

Persons: Vas Narasimhan, Narasimhan Organizations: Novartis AG, Swiss, Novartis Locations: company's, Basel, Switzerland, London

☆ Novartis lifts guidance after first-quarter results beat expectations
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: +2 min

Signage is displayed on the exterior of the Novartis AG Institutes for BioMedical Research building in Cambridge, Massachusetts, U.S., on Friday, Aug. 5, 2016. Swiss drugmaker Novartis on Tuesday raised its full-year guidance after reporting better-than-expected first-quarter results. In a statement, it said 2024 net sales would likely grow by a high-single to low double-digit percentage with adjusted operating income expected to grow by a low double-digit to mid-teens percentage. It has previously predicted that adjusted operating income would increase by a "high single-digit" percentage with "mid single-digit" sales growth. Quarterly adjusted operating income gained 16% to $4.54 billion, beating an average analyst estimate of about $4.3 billion.

Persons: Bristol Myers, Giovanni Caforio, Joerg Reinhardt, Vas Narasimhan, Sandoz Organizations: Novartis, Institutes, Research, Bristol, Bristol Myers Squibb Locations: Cambridge , Massachusetts, U.S

☆ New York AG says $175 million Trump fraud bond isn't properly backed, should be voided
▼ + stars: | 2024-04-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former President Donald Trump returns from a lunch break at Manhattan criminal court as jury selection continues in New York, NY on Thursday, April 18, 2024. The filing opposes a joint motion by Trump and KSIC to justify the insurer as the surety company holding the bond. Lawyers for AG Letitia James asked Judge Arthur Engoron to require Trump and other defendants to put up a replacement bond within seven days of ruling on the issue. Trump personally was ordered to pay $454 million in damages, an amount that is growing every day with interest. Trump was required under New York law to post a bond to guarantee the judgment as he appeals the decision.

Persons: Donald Trump, Trump, KSIC, AG Letitia James, Judge Arthur Engoron, Engoron Organizations: Manhattan, The New York Attorney, Knight Specialty Insurance, Trump, AG, Trump Organizations, New Locations: New York, NY, Manhattan

☆ Trump defends 'respected' company behind his $175M civil fraud bond
▼ + stars: | 2024-04-16 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Trump's lawyers defended his $175M civil fraud bond — and Knight Specialty — in court filings. AdvertisementLawyers for Donald Trump are defending the "respected" insurers behind his $175 million civil fraud bond in a series of new court filings. Trump's bond was underwritten by Knight Specialty Insurance Company, based in Los Angeles, run by billionaire Trump supporter Don Hankey, a so-called king of subprime car loans. "KSIC is a respected, well-capitalized, Delaware-domiciled insurer that has long underwritten surety bonds and other types of insurance placed around the country," Trump's lawyers wrote. Beyond that, the insurer "has access to more than $2 billion in assets and $1 billion in equity" through its parent company, Knight Insurance Company," the filings say.

Persons: Trump, —, Donald Trump, general's, Charles Schwab, KSIC, Letitia James, Knight, Arthur Engoron, Engoron, Don Hankey, Trump's Schwab, Read, Christopher Kise, Alina Habba, Clifford Robert Organizations: Service, underwriters, New York, Knight Specialty Insurance, Knight Insurance Company, Trump, Associated Press Locations: Manhattan, KSIC, New, Los Angeles, Delaware, Engoron

☆ Competition between European and Chinese electric vehicle makers will intensify, analyst says
▼ + stars: | 2024-04-15 | 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 EmailCompetition between European and Chinese electric vehicle makers will intensify, analyst saysEric Heymann, senior analyst at Deutsche Bank AG, discusses the outlook for electric vehicle markets and makers in Europe and China.

Persons: Eric Heymann Organizations: Deutsche Bank AG Locations: Europe, China

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Tesla, Microsoft, Boeing, First Solar & more
▼ + stars: | 2024-04-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Morgan Stanley reiterates Netflix as overweight Morgan Stanley raised its price target on the stock to $700 per share from $600. Morgan Stanley reiterates Starbucks as overweight Morgan Stanley lowered its price target to $115 per share from $120 but says it's sticking with Starbucks shares. "Charles Schwab's profitability, earnings growth, and free cash flow yield make it an attractive stock in the Financial sector." "Our 12-month price target of $84 (17% potential upside) is unchanged and we maintain our Buy rating on the stock." Goldman Sacks reiterates Apple as buy Goldman said it's sticking with its buy rating ahead of earnings in early May.

Persons: Morgan Stanley, Wolfe, Piper Sandler, Charles Schwab, Piper, Schwab, Charles, Marvell, Jefferies, ASO's, BTIG, it's, Rosenblatt, Raymond James, Goldman Sacks, Apple, Goldman, Janney, Tesla Organizations: Netflix, BMO, Microsoft, Starbucks, JPMorgan, " Bank of America, Bank of America, Sports, Environment, UBS, NYSE, Energy, Arista Networks, Arista, AI Data Center, Mizuho, Citi, Cisco Citi, Cisco, Boeing, Novo Nordisk Locations: South America, Europe, China

☆ Letitia James is not done with Donald Trump. Now she wants to know if he withheld evidence in her fraud case.
▼ + stars: | 2024-04-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

Letitia James won a $454 million judgment against Trump, his penalty for a decade of fraud. She and Trump are now fighting over her claims that he withheld evidence from her fraud probe. "The Court is well within its authority to determine if Defendants and their counsel facilitated that perjury by withholding of incriminating documents," James argued in Tuesday night's letter. AdvertisementAt a hearing in April of 2022, he compared getting Trump's documents to "pulling teeth." Out of some 900,000 documents turned over, only ten were "custodial" Trump documents, meaning business files in the former president's direct custody.

Persons: Letitia James, Trump, James, —, Allen Weisselberg, Weisselberg, Arthur Engoron, Barbara Jones —, Bracewell, Barbara Jones, Drew Angerer, Kevin Wallace, Clifford Robert, Jones, they're, Wallace, Alina Habba, Marc Frazier Scholl, Scholl, Lewis Baach Kaufmann Middlemiss Organizations: Service, New, Trump, Trump Organization, Trump Org, Forbes, Engoron, Business, NY, General's, Manhattan, Attorney's Office Locations: New York, Manhattan, York

☆ Former Trump CFO Allen Weisselberg begins 5-month jail sentence for perjury
▼ + stars: | 2024-04-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +2 min

Weisselberg was the Trump Organization's top fiscal officer for 30 years. He turned himself in on Wednesday to start a previously agreed-to sentence of five months in jail. AdvertisementAllen Weisselberg, Donald Trump's longtime, loyal chief financial officer, began serving a five-month perjury sentence Wednesday. Related storiesThe judge ordered he serve the five months Weisselberg previously agreed to last month, when he pleaded guilty to two felony charges of first-degree perjury. Read the charges Weisselberg admitted to here .

Persons: Weisselberg, perjured, —, Allen Weisselberg, Donald Trump's, Laurie Peterson, Arthur Engoron Organizations: Trump, Service, Manhattan Criminal Locations: Weisselberg

☆ Texas AG sues county over Houston-area guaranteed income program giving participants $500 a month no strings attached
▼ + stars: | 2024-04-09 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Read previewThe Texas Attorney General's office sued Harris County, which contains Houston, over its new guaranteed income pilot that would give nearly 2,000 residents $500 a month for 18 months with no strings attached. The state is seeking to block Harris County from giving its first payments to participants, which are slated to start in April. In response, Harris County Attorney Christian D. Menefee said that the lawsuit is "nothing more than another attack" on the county government. The Austin Guaranteed Income Pilot has distributed $1,000 a month to 135 low-income families, who reported using their money for housing, food, and other daily costs. Republican lawmakers are trying to ban guaranteed income programs in states such as Arizona, Iowa, South Dakota, and Wisconsin.

Persons: —, Ken Paxton, Harris, Harris County Attorney Christian D, Menefee, Dustin Palmer, Paxton, Sen, Paul Bettencourt Organizations: Service, Texas, Business, American, Harris County Attorney, Republican, Austin Locations: Harris, Houston, Texas, Harris County, Austin, Arizona , Iowa, South Dakota, Wisconsin

☆ Conservative activists reach $1 million settlement deal with New York AG for running a 2020 voter suppression campaign
▼ + stars: | 2024-04-09 | by ( Devan Cole | ) edition.cnn.com time to read: +3 min

CNN —Conservative activists Jacob Wohl and Jack Burkman have agreed to pay $1 million to the New York attorney general’s office and others for running a voter suppression campaign targeting Black voters during the 2020 election. If the pair “fail to pay at least $105,000 by December 31, 2024, and do not address the failure to pay within 30 days, the amount will increase to $1.25 million,” James’ office said. “Wohl and Burkman orchestrated a depraved and disinformation-ridden campaign to intimidate Black voters in an attempt to sway the election in favor of their preferred candidate,” James said in a statement. In 2022, an Ohio judge ordered the two men to spend 500 hours registering low- and middle-income voters in the Washington, DC, area after authorities in Ohio accused them of running a voter suppression campaign in multiple states. Other criminal charges against Wohl and Burkman are pending in Michigan.

Persons: Jacob Wohl, Jack Burkman, Letitia James, James ’, ” James ’, “, Burkman, ” James, ”, David Schwartz, robocalls “, Wohl Organizations: CNN — Conservative, New, Black, ”, Wohl, National Coalition, “, Federal Communications Commission Locations: New York, Ohio, Washington, DC, Michigan

☆ Swiss banking giant UBS to launch share buyback of up to $2 billion
▼ + stars: | 2024-04-02 | by ( Matt Clinch | ) www.cnbc.com time to read: 1 min

UBS logo is seen at the office building in Krakow, Poland on February 22, 2024. UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of that total expected to take place this year. The new program follows the completion of the 2022 buyback, during which 298.5 million of it shares were purchased. This represented 8.62% of its stock worth $5.2 billion, according to UBS. The bank's 2022 share repurchase program concluded last month.

Organizations: UBS, UBS AG, Credit Suisse AG Locations: Krakow, Poland

☆ James Carville says RFK Jr. will harm Trump more than Biden, but he 'worries' about Cornel West and Jill Stein
▼ + stars: | 2024-03-31 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

James Carville said RFK Jr.'s White House bid could be more of a drag on Trump than Biden. RFK Jr. said last week that his candidacy would be a "spoiler" for both Biden and Trump. Related storiesIn recent polling of three-way matchups between Biden, Trump, and Kennedy Jr., the former president is often slightly ahead. "Our campaign is a spoiler all right," Kennedy Jr. said during an event last week welcoming Shanahan to the ticket. Carville, who warned about cracks in the Democratic Party's electoral foundation, also expressed concern about the presidential campaigns of Cornel West and Jill Stein.

Persons: James Carville, Biden, Bobby Kennedy, Trump, MSNBC's Ari Melber, —, Robert F, Kennedy Jr, Donald Trump's, Kennedy, Ari Melber, Nicole Shanahan, Shanahan, New York Sen, Carville, Cornel West, Jill Stein, they're Organizations: RFK, Trump, Biden, Service, Democratic, MSNBC, Big, Big Tech, Big Pharma, New, Cornel Locations: New York

☆ UK Libor trader Hayes loses appeal against rate-rigging conviction
▼ + stars: | 2024-03-27 | by ( ) www.cnbc.com time to read: +1 min

Thomas Hayes, a former trader at banks including UBS Group AG and Citigroup, on Aug 3, 2015. Tom Hayes, the first trader jailed worldwide for interest rate rigging, lost his appeal against his conviction in a London court on Wednesday. Hayes, a former star Citigroup and UBS trader, was convicted in 2015 of conspiracy to defraud by manipulating Libor, a benchmark rate once used to price trillions of financial products globally. His appeal against his conviction was heard alongside that of Carlo Palombo, a former Barclays trader convicted in 2019 of skewing Libor's euro equivalent, Euribor. Hayes and Palombo were given 14 days to apply for permission to appeal to the Supreme Court.

Persons: Thomas Hayes, Tom Hayes, Hayes, Libor, Carlo Palombo, Palombo's, David Bean, Palombo Organizations: UBS Group AG, Citigroup, UBS, Prosecutors, London, Barclays, Deutsche Bank, Supreme Locations: London, U.S

☆ Texas AG Paxton settles felony fraud investigation, avoiding trial and ending yearslong legal saga
▼ + stars: | 2024-03-26 | by ( Michael Williams | ) edition.cnn.com time to read: +3 min

Special prosecutor Brian Wice confirmed the case was settled in a phone call with CNN on Tuesday. A grand jury indicted Paxton on two counts of securities fraud and one count of failing to register with state securities regulators in July 2015, months after he was sworn in as attorney general. Wice told reporters after the hearing that the terms of the settlement amounted to a just conclusion to the case. He was impeached and suspended from office on allegations of corruption last May in the Republican-controlled Texas House, though a September trial in the Texas Senate acquitted him. Paxton was one of the highest-profile and last-remaining defenders of Trump’s baseless claims of voter fraud in the 2020 election.

Persons: Ken Paxton, Donald Trump, Brian Wice, ” Wice, Dan Cogdell, Paxton, ” Paxton, ”, Wice, I’m, – Paxton, Trump Organizations: CNN, Texas, of, Republican, Texas House Locations: of Texas, Texas

☆ Here are Tuesday's biggest analyst calls: Amazon, Nvidia, Reddit, Tesla, Apple, Seagate, Micron, Spotify, Gap & more
▼ + stars: | 2024-03-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Mizuho initiates DraftKings as buy Mizuho said in its initiation of DraftKings that it sees "upside to revenue growth." Mizuho initiates MGM as buy Mizuho said MGM shares are "fundamentally misvalued." Mizuho initiates Carnival as buy Mizuho said Carnival is a top pick at the firm. Mizuho reiterates Micron as buy Mizuho raised its price target on the stock to $130 per share from $124. "We are upgrading PAGS to Outperform from In Line with a $18 target price."

Persons: Mizuho, Bernstein, Chipotle, CFRA, Morgan Stanley, Goldman Sachs, Goldman, Levi's, it's, Wells, Richard Dickson, Katrina O'Connell, Tesla, underperform Bernstein, it's bullish, Baird, Semtech, Jefferies, underperform Jefferies, Invivyd, Evercore, TD Cowen Organizations: Mizuho, Sands, MGM, Nvidia, Blackwell, Seagate, Nasdaq, UBS, JPMorgan, Taiwan Semiconductor, Navy, Micron, MU, Citi, Plains Energy, Bank of America, Spotify, Netflix, Apple Locations: Macau, Singapore, Westar, Kansas, Missouri, Argentina, Uruguay, Paraguay, China

☆ Donald Trump is just hours away from a $457 million deadline
▼ + stars: | 2024-03-25 | by ( Chris Johnston | ) www.businessinsider.com time to read: +2 min

Donald Trump faces a Monday deadline for paying a bond to New York state. The payment follows last month's verdict that Trump and his company inflated the value of assets. The NY attorney general may move to seize Trump's assets if he fails to pay in time. AdvertisementDonald Trump is hours away from a deadline to pay a $457 million bond to New York Attorney General Letitia James . Trump's debt rises daily by $111,984 in interest , meaning he owes New York state another $1 million every nine days.

Persons: Donald Trump, Trump, —, Letitia James, Judge Arthur Engoron Organizations: NY, Service, New York, Trump Organization, New York Times Locations: New York, New

☆ Letitia James likely won't see a dime of Trump's fraud judgment until after Election Day — and by then he'll owe nearly $29M more
▼ + stars: | 2024-03-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

That makes it unlikely he'll have exhausted his appeals by Election Day, a former assistant AG said. AdvertisementThere's now pretty much no chance Donald Trump's New York civil fraud case will be resolved by Election Day, a former assistant state attorney general told Business Insider. AdvertisementThat timing means there's no way Trump's appeals will be exhausted by Election Day, says Kenneth Foard McCallion, a former New York assistant attorney general. By Election Day, the original $454 million judgment against Trump will have accrued more than $28.6 million in additional interest. He argues many cases at the appeals court, which covers Manhattan and the Bronx.

Persons: Trump, —, Donald Trump's, Kenneth Foard McCallion, McCallion, they've, Letitia James, Donald J Organizations: NY, Trump, Service, Business, Manhattan's, Department, McCallion, Associates, First Department, New Locations: York, Manhattan, New York

Search resuls for: "ag"

25 mentions found