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☆ Allen Weisselberg could get more time since the Trump Org guilty verdict required jurors to find he lied
▼ + stars: | 2022-12-17 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

A judge could rule Weisselberg violated the deal because jurors, by their verdict, found he lied. He has been promised a five-month jail sentence as part of his August plea deal. But that deal required Weisselberg, 75, to testify truthfully against former President Donald Trump's real-estate company, where he's worked since the 1970s. "Weisselberg says over and over, 'I, together with the Trump Organization,'" Florence, now in private practice, noted of his guilty plea. Trump Organization lawyers have already promised to appeal the verdict itself.

☆ Here are Monday's biggest analyst calls: Apple, Netflix, Disney, Microsoft, Robinhood, Gap & more
▼ + stars: | 2022-12-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Stifel names Microsoft a top 2023 pick Stifel said it likes Microsoft's "strong product portfolio" for 2023. Goldman Sachs downgrades Ulta to neutral from buy Goldman said in its downgrade of the stock that it sees difficult comps. Evercore ISI names Netflix a top idea for 2023 Evercore said it sees "robust revenue growth" for Netflix in 2023. " Goldman Sachs upgrades Gap to buy from neutral Goldman said in its upgrade of the stock that it sees accelerated earnings growth. Cowen names Take-Two a top 2023 pick Cowen said the video game maker has a great "long-term track record."

☆ 5 reasons to applaud the smart, speedy jury that convicted the Trump Organization of tax fraud
▼ + stars: | 2022-12-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

A Manhattan jury convicted Donald Trump's company of all 17 tax-fraud counts on Tuesday. But he would not implicate anyone named Trump — not Donald Trump, who he worked for since the 1980s. And not any of Trump's three eldest kids — Donald Trump Jr., Eric Trump, or Ivanka Trump, who have all served as Trump Organization executive vice presidents. Back during jury selection in late October, defense lawyers had the darnedest time finding Manhattan residents who didn't hate Donald Trump. They certainly did not look like Donald Trump's C-suite of well-paid, white-collar white men.

☆ Gaylord Perry, Baseball Hall of Famer, two-time Cy Young winner and master of the spitball, dies at 84
▼ + stars: | 2022-12-01 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

GAFFNEY, S.C. — Baseball Hall of Famer and two-time Cy Young Award winner Gaylord Perry, a master of the spitball who wrote a book about using pitch, died Thursday. Gaylord Perry of the Atlanta Braves signing autographs prior to a season game at Fulton County Stadium in August 1981 in Atlanta. Baseball Hall of Famer Gaylord Perry greets fans at the All-Star FanFest in Washington on July 14, 2018. Perry was ejected from a game just once for doctoring a baseball — when he was with Seattle in August 1982. After his career, Perry founded the baseball program at Limestone College in Gaffney and was its coach for the first three years.

☆ Gaylord Perry, Hall of Fame Baseball Pitcher, Dies at 84
▼ + stars: | 2022-12-01 | by ( Associated Press | ) www.wsj.com time to read: 1 min

Gaylord Perry rears back to deliver a pitch when he was with the Seattle Mariners in 1982. GAFFNEY, S. C.—Baseball Hall of Famer and two-time Cy Young Award winner Gaylord Perry, a master of the spitball who wrote a book about using the pitch, died Thursday. Mr. Perry died about 5 a.m. at his home in Gaffney, S.C. Thursday of natural causes, Cherokee County Coroner Dennis Fowler said. He didn’t provide additional details.

☆ Hall of Famer and two-time Cy Young winner Gaylord Perry dead at age 84
▼ + stars: | 2022-12-01 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +2 min

CNN —Baseball Hall of Famer and two-time Cy Young award winner Gaylord Perry has died at age 84. With the Indians, Perry won his first Cy Young award after leading the American League in wins (24) and complete games (29). With the Padres, Perry won his second-career Cy Young to become the first player in MLB history to win the award in both leagues. In 1991, Perry was inducted into the Pro Baseball Hall of Fame. “We have lost another member of our Hall of Fame family thoughts and prayers go out to Gaylord Perry’s family and friends RIP my friend you’ll be dearly missed,” Baseball Hall of Famer Wade Boggs wrote in a statement on Twitter.

☆ Here are Wednesday's biggest analyst calls: Apple, Nvidia, Tesla, Amazon, Zoom, Walmart & more
▼ + stars: | 2022-11-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Wednesday's biggest calls on Wall Street: UBS reiterates Apple as buy UBS said wait times for Apple's iPhone are hitting "extreme levels." Bank of America reiterates Amazon as buy Bank of America said Amazon is a key beneficiary of automation. UBS downgrades Advance Auto Parts to neutral from buy UBS said in its downgrade of Advance Auto Parts that it's losing share. UBS reiterates Walmart as buy UBS said the stocks is undervalued after the company's earnings report on Tuesday. Credit Suisse reiterates Nvidia as outperform After a change in analyst coverage, Credit Suisse named the tech company as a top pick. "

☆ Ronna McDaniel says RNC 'cannot pay legal bills' for Donald Trump if he announces a 2024 bid
▼ + stars: | 2022-11-06 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Ronna McDaniel said the RNC cannot pay Donald Trump's legal bills if he announces his candidacy. The committee has paid over $2.3 million in legal fees for Trump, CNN reported. McDaniel did not say whether Trump will run for president, stating she is "only focused on 2022." "We cannot pay legal bills for any candidate that's announced," McDaniel said. I don't even know what I'm doing for Thanksgiving right now, let alone thinking about 2024," McDaniel said.

☆ Astros pitch second no-hitter in World Series history
▼ + stars: | 2022-11-03 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

Javier and Houston’s bullpen combined on just the second no-hitter in World Series history, silencing a booming lineup and boisterous fans as the Astros blanked the Phillies 5-0 Wednesday night to even the matchup at two games each. The only previous no-hitter in the World Series was a perfect game by Don Larsen of the New York Yankees against the Brooklyn Dodgers in 1956. Astros ace Justin Verlander will again chase that elusive first World Series win when he faces Noah Syndergaard. Up NextAstros: Verlander is 0-6 with a 6.07 ERA in eight World Series starts after failing to hold a five-run lead in the opener. Phillies: RHP Noah Syndergaard had been set to start Game 3 before it was washed out Monday night.

☆ Joan Didion’s Life in Objects
▼ + stars: | 2022-10-28 | by ( Anna Kodé | ) www.nytimes.com time to read: +15 min

(Ms. Didion’s death was the result of complications from Parkinson’s disease.) Ms. Didion’s stylish Corvette Stingray isn’t in the sale, but the photos that made it famous are. Quintana eventually pulled through, but died in 2005 at 39, a few months before Ms. Didion’s 2005 book, “The Year of Magical Thinking,” was published. In the book, Ms. Didion wrote about the heartbreak and challenges of that era of her life: “I learned to find equal meaning in the repeated rituals of domestic life. Following Ms. Didion’s passing, Ms. Smith, an artist and singer known as the “godmother of punk,” posted a tribute on Instagram, articulating what many felt.

A Hampton University football player came out publicly as gay, a first for a football player at a historically Black college or university, according to Outsports.com, an LGBTQ sports news site. Byron Perkins, a Division I defensive back for the Hampton University Pirates, came out as gay in an Instagram story shared Wednesday. Perkins told Outsports that he’d like to help other gay Black men who are struggling with their sexuality. “There hasn’t been an out gay football athlete at an HBCU. “I’m sure the young man has heard his fair share of slurs from teammates unaware that he is gay.

LOS ANGELES, Oct 10 (Reuters) - The Los Angeles Dodgers enter the 2022 MLB playoffs on Tuesday hoping their spectacular regular season success will translate into post-season glory and that they can officially open up a dynasty discussion. Register now for FREE unlimited access to Reuters.com Register"2020 was something incredible, but we get some criticism for the shortened season," Dodgers left-hander Julio Urias told MLB.com. The Astros won their lone title by beating the Dodgers in a seven-game dogfight in 2017. The bright lights of the World Series will only magnify passions on both sides. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rory Carroll in Los Angeles; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ Credit Suisse's investment bankers are bracing for another case of 'rinse and repeat' as they await the bank's second strategic review in a year. Insiders describe an environment of uncertainty and cy
▼ + stars: | 2022-09-27 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +7 min

Investment bankers at Credit Suisse are stuck in limbo and are bracing for heavy cuts as the bank rolls out another strategic review. Among the plans reported to be under consideration are a three-way split of the investment bank, according to the Financial Times. This review of the investment banking business is Credit Suisse's second in a year. Credit Suisse will update the market when it reports third-quarter results on October 27. Bracing for changeThe investment bank was known as Credit Suisse First Boston until 2005.

☆ Bank of Cyprus bid makes case for lender buyouts
▼ + stars: | 2022-09-22 | by ( Liam Proud | ) www.reuters.com time to read: +3 min

Lone Star’s roughly 700 million euro offer for Bank of Cyprus (BOCH.CY) shows that the sector may have reached such a level in Europe. Chief Executive Panicos Nicolaou churned out a respectable 7.3% return on tangible equity (ROTE) in the first half of 2022, excluding one-off charges. That helps explain why the bank has rebuffed three offers from U.S. fund Lone Star, the last of which valued it at almost 0.4 times tangible equity. Even if Bank of Cyprus hits that lower number, a fair valuation might be closer to 0.8 times tangible equity, or around 1.3 billion euros – double Lone Star’s offer. In making the case for bank buyouts, Lone Star may be doing the whole sector a favour.

☆ MLB roundup: Aaron Judge belts 2 more HRs in Yankees' win
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +10 min

Gerrit Cole (12-7) earned the win with four hits, four runs, three walks and eight strikeouts in five innings. Eloy Jimenez had three hits, including a two-run home run, and drove in three runs. Willi Castro hit a two-run homer and Javier Baez had a solo shot for the Tigers. Rays 5, Rangers 3Christian Bethancourt and Jose Siri hit back-to-back homers in host Tampa Bay's win over Texas. The duo went deep in the second inning for a 2-1 lead that the Rays never relinquished.

We will look at a quantitative way to adjust multiples for growth rates below when we discuss the "PEG ratio." When rates rise, multiples contract – especially higher multiples. In addition to multiple compression in the face of rising rates, investors also increase their focus on profits available today. As a result, not only will multiples be hit, but higher multiples will be hit harder. Adjusting multiples for growth Investors can also attempt to adjust these multiples to account for future growth.

☆ A Nation of Quitters
▼ + stars: | 2021-04-17 | by ( Andy Kessler | ) www.wsj.com time to read: +1 min

The unemployment rate was 3.5% in July, the same as in February 2020, but the U.S. has three million fewer workers. Now a McKinsey study suggests that 40% of workers are thinking of quitting their jobs. Everyone has an explanation for the Great Resignation: extended unemployment benefits, eviction moratoriums, baby boomers retiring, work-from-home complacency, anxiety, long Covid. Here’s my theory: Too many got a taste of not working and liked it. Parisians called those with unconventional lifestyles “bohemians.” Now we have unemployed, perpetually plugged-in, dopamine-addled Cyber Bohemians—let’s call them Cy-Bos.

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