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The Atlanta-based railroad said it earned $527 million, or $2.32 per share, during the quarter. Without the $150 million in additional derailment costs, Norfolk Southern would have made $677 million, or $2.83 per share. The analysts surveyed by FactSet Research predicted that Norfolk Southern would make $2.86 per share, so the results fell just short of that. Norfolk Southern has now received $101 million of insurance payments. “The fourth quarter marked the end of a challenging, yet transformational year for Norfolk Southern,” Shaw said.

Persons: haven't, Alan Shaw, he’s, “, ” Shaw, FactSet Organizations: Norfolk, FactSet Research, Norfolk Southern Locations: Ohio, Atlanta, Norfolk Southern, East Palestine, Pennsylvania

(AP) — A second Rhode Island man charged with assault and battery and disorderly conduct in connection with the death of a fan at a New England Patriots game pleaded not guilty Friday. In a brief court appearance, Justin Mitchell, 39 was arraigned in Wrentham District Court over allegations he and 59-year-old John Vieira, both from Warwick, Rhode Island, punched 53-year-old Dale Mooney, of Newmarket, New Hampshire. Vieira pleaded not guilty last week. The Office of the Chief Medical Examiner provided preliminary indications that did not suggest traumatic injury, but did identify a medical issue, according to the district attorney’s office. Political Cartoons View All 253 ImagesFinal determinations delivered to the Norfolk District Attorney’s Office ruled the manner of death a homicide.

Persons: —, Justin Mitchell, John Vieira, Dale Mooney, Vieira, Mitchell, Mooney, Michael Morrissey Organizations: Rhode, New England Patriots, Gillette Stadium, Miami Dolphins, Attorney’s Locations: Wrentham District, Warwick , Rhode Island, Newmarket , New Hampshire, Norfolk

☆ Nasdaq 100 futures slide after Intel's guidance disappoints: Live updates
▼ + stars: | 2024-01-25 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. S&P 500 futures dropped 0.2%, while Dow Jones Industrial Average futures slipped 68 points, or 0.2%. During the regular session, the S&P 500 leapt to fresh all-time high. The S&P 500 advanced 0.5%, and the Nasdaq ticked up by 0.2%, while the Dow added 0.6%. Economists polled by Dow Jones expect that core PCE prices gained 3% in December on a year-over-year basis.

Persons: Dow Jones, Michael M, Dow Organizations: NEW, New York Stock Exchange, Getty, Intel, Dow Jones Industrial, Mobile, Nasdaq, Dow, Gross, PCE, Federal Reserve, Norfolk Southern, Colgate, Palmolive, American Express Locations: New York City

(AP) — Union Pacific's fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles. The Omaha, Nebraska-based railroad said it earned $1.65 billion, or $2.71 per share, in the quarter. The results topped the estimates of the analysts surveyed by FactSet Research that called for earnings of $2.60 per share as Union Pacific hauled 3% more shipments. But Union Pacific's topped Wall Street's predictions for $6.05 billion. Union Pacific is one of the nation’s largest railroads and operates more than 30,000 miles of track in 23 western states.

Persons: Jim Vena, ” Vena Organizations: — Union Pacific's, FactSet Research, Union Pacific, Union, . Union Pacific, Railroad Locations: OMAHA, Neb, Omaha , Nebraska, Norfolk Southern, Ohio

☆ NATO's Largest Exercise Since Cold War Kicks Off
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - The U.S. Navy dock landing ship Gunston Hall left port on Wednesday to mark the first movement for the largest NATO exercise since the Cold War, officials said. The drills will rehearse NATO's execution of its regional plans, the first defence plans the alliance has drawn up in decades, detailing how it would respond to a Russian attack. But its top strategic document identifies Russia as the most significant and direct threat to NATO members' security. The exercise comes at an important moment after Russia's invasion of Ukraine started the deadliest war on European soil in more than 70 years. RUSSIAN RESPONSEThe scale of NATO's Steadfast Defender 2024 exercises mark an "irrevocable return" of the alliance to Cold War schemes, Russia's Deputy Foreign Minister Alexander Grushko told the state RIA news agency in remarks published on Sunday.

Persons: Matthias Eichenlaub, Alexander Grushko, Idrees Ali, Phil Stewart Organizations: WASHINGTON, U.S . Navy, Gunston Hall, NATO, Twitter Locations: United States, Russia, Ukraine, Atlantic, Europe, Norfolk

FALLS CHURCH, Va. (AP) — Legislation that would allow a referendum on a casino in the northern Virginia suburbs of the nation’s capital cleared a hurdle Wednesday when a state Senate committee voted to advance the bill. Another bill that passed the committee Wednesday would allow Petersburg to hold a referendum on a casino in place of Richmond. Marsden said allowing a casino in northern Virginia provides geographic diversity and fairness. Legislative studies have also shown that a northern Virginia casino would generate more tax revenue than anywhere else. The Northern Virginia Chamber of Commerce supports the bill.

Persons: Glenn Youngkin, Sen, David Marsden, ” Marsden, Marsden Organizations: Senate, Committee, Delegates, Virginia Gov, Fairfax, Technology, Richmond, Northern, Northern Virginia Chamber of Commerce Locations: Va, Virginia, Fairfax County, Tysons, Bristol, Danville, Portsmouth, Norfolk, Petersburg, Richmond, Maryland, Potomac, Bethesda, Northern Virginia

☆ Here are Monday's biggest analyst calls: Tesla, Nvidia, Apple, AMD, Home Depot, Western Digital & more
▼ + stars: | 2024-01-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Northland downgrades Advanced Micro Devices to market perform from outperform Northland downgraded the stock mainly on valuation. " Bernstein reiterates Apple as market perform Bernstein said it expects "not great" Apple earnings on February 1. William Blair downgrades Vita Coco to market perform from outperform William Blair said it's concerned about higher costs for the beverage company. Raymond James downgrades Comerica to market perform from outperform Raymond James said the earnings outlook looks too challenging for Comerica. "We are downgrading CMA shares from Outperform to Market Perform and reducing our 2024 EPS estimate to reflect its initial 2024 outlook."

Persons: Bernstein, Hunt, KeyBanc, Key, it's, Morgan Stanley, Oppenheimer, Lowe's, Goldman Sachs downgrades Archer, Daniels, Goldman, Vikram Luthar, William Blair downgrades Vita Coco, William Blair, Wolfe, NiSource, Tesla, Goldman Sachs, Stone, Evercore, Raymond James downgrades, Raymond James Organizations: Bernstein, Pacific, Norfolk, Union Pacific, NSC, UBS, Devices, Northland, AMD, Western, Home Depot, Apple, HSBC downgrades Lululemon, Daniels Midland, ADM, TAM, Airlines, Barclays, Netflix, JPMorgan, Xerox JPMorgan, Raymond James downgrades Comerica, Comerica, CMA Locations: Norfolk Southern, Northland, Brazil

☆ Stocks making the biggest moves midday: Vita Coco, Archer-Daniels-Midland, Gilead Sciences and more
▼ + stars: | 2024-01-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Archer-Daniels-Midland — The food processor's shares dropped more than 22%, making the stock poised for its second worst day in its history back to 1972. Archer-Daniels-Midland announced weak fourth-quarter earnings guidance and placed Chief Financial Officer Vikram Luthar on administrative leave amid an investigation into the company's accounting practices. StoneCo — Shares of the Brazilian payments company rose more than 6% following an upgrade to a buy rating from Goldman Sachs. The financial firm cited an attractive entry point and a constructive outlook on the next freight cycle as catalysts for the change. Vita Coco — The coconut water company tumbled more than 5% after William Blair downgraded shares to market perform from outperform.

Persons: Archer, Vikram Luthar, Goldman Sachs, Trodelvy, Bernstein, Hunt, Gus Richard, Coco, William Blair, — CNBC's Michelle Fox, Alexander Harring, Hakyung Kim, Tanaya Macheel, Pia Singh, Samantha Subin Organizations: Arkhouse Management, Brigade Capital Management, Daniels, Midland, SolarEdge Technologies, Riley, Bloomberg, U.S . Securities, Exchange Commission, Spirit Airlines, JetBlue Airways —, JetBlue, Gilead Sciences, . Union Pacific, Norfolk Southern, UBS, Northland Capital Markets Locations: Brazil, Norfolk, Suez

☆ Here's what I'm watching to see where the market goes next after the S&P 500 record close
▼ + stars: | 2024-01-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

We don't know what we want. The rails are too significant to ignore even as the bond market seems to rely, I would say, wrongly, on the broader data. I think it's a factor of big money flows that aren't sensitive to what moves rates and don't mind being wrong. 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: Tesla, ServiceNow, Bill McDermott, Russell, —, Abbott, Gamble, Jon Moeller, Heels, what's, hasn't, Steve Jobs, Ray, Kimberly, Clark, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Union Pacific, CSX, Norfolk Southern, Federal Reserve, Silicon Valley Bank, Microsoft, Nvidia tacking, Google, Apple, Nvidia, JPMorgan Healthcare Conference, Abbott Laboratories, Investing, JPMorgan, Novartis, Walgreens Boots Alliance, Procter, Super, YouTube, Netflix, Vision, Pro, Jim Cramer's Charitable, CNBC, NYSE Locations: U.S, Silicon, San Francisco, Amgen, China

☆ Photos show the first full deployment of the USS Gerald R. Ford supercarrier, home at last after being sent as a warning to foes
▼ + stars: | 2024-01-20 | by ( Lauren Frias | ) www.businessinsider.com time to read: +1 min

USS Gerald R. Ford returned to its homeport Wednesday after an extended 8.5-month deployment. It was the Ford's first full deployment, and it included supporting Israel after the October Hamas attacks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUSS Gerald R. Ford, the world's largest and most advanced aircraft carrier, returned to its homeport of Naval Station Norfolk in Virginia earlier this week following an extended 8.5-month deployment, largely in the Mediterranean Sea. AdvertisementThe following photos show the lead ship of the Gerald R. Ford Carrier Strike Group during its eight months and more at sea.

Persons: Gerald R, Ford, —, The Ford Organizations: Service, Pentagon, Ford Carrier Strike Locations: Israel, Naval, Norfolk, Virginia, Yemen, The, Iran

☆ Obama shared his vision of America at his first inauguration. Some still believe
▼ + stars: | 2024-01-20 | by ( John Blake | ) edition.cnn.com time to read: +18 min

It went across all visual types.”Elizabeth Alexander recites a poem during President Obama's swearing-in ceremonies at the US Capitol on January 20, 2009. She had grown up in DC, and that inauguration day was a homecoming for her. “I’m sure that some people expected too much,” says Wear, the former Obama campaign worker, of Obama’s vision. The fact of the matter is, that (inauguration) day happened, and millions of people were there. We will have a better idea on another inauguration day — in January of 2025.

Persons: Elizabeth Alexander, Barack Hussein Obama, Alexander, ” Alexander, Muhammad Ali, Aretha Franklin, Elie Wiesel, John Lewis, Colin Powell, ”, “, …, Obama's, Ron Edmonds, Obama, Obama’s, Martin Luther King Jr, Donald Trump’s, —, Trump's, Joe Biden, Jon Cherry, Ed Wolf, Wolf, Barack Hussein Obama —, Barack Obama, Alex Wong, ‘ Hussein, “ Wolf, Clifford L, Alexander Jr, George W, Bush, Laura, Michelle, Tannen Maury, Ronald Reagan, Trump, ” Vivek Ramaswamy, Donald Trump, Alexi J . Rosenfeld, Thomas Sowell, speck, it’s, Shepard, Robert Daemmrich, ” Obama, Michael Wear, John McCain, McCain, ” McCain, we’ve, Mandel Ngan, ” Trump, Nehisi Coates, Coates, Hope ’, ” Coates, ’, didn’t, ” Wolf, Emmanuel Dunand, “ We’re, hasn’t, Obama — we’re, Rebecca Solnit, John Blake Organizations: CNN, Yale University, Capitol, AP, Confederate, Trump, Rochester Institute of Technology, Metro, Washington, Army, Getty, United, White, Whites, GOP, Republican, Obama, Democratic, Mellon Foundation Locations: Washington ,, America, Russia, Japan, Kenya, American, New York, United States, AFP, Kansas, New York City, Balkans, Minnesota, Arizona, Washington, San Francisco, Michigan, Norfolk , Virginia, Hope

☆ The 4 most important things we're watching in the stock market this coming week
▼ + stars: | 2024-01-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Fortunately, we'll get useful information in the coming weeks as earnings season ramps up and updated inflation data is released. We really want to see more supply come into the market to provide some relief on shelter costs. Looking to next week, we'll get a several key economic updates and a ramp up of earnings releases. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, we'll, Procter & Gamble, we've, We're, we're, We'll, Forex, Brown, BRO, Zions, CrossFirst, Johnson, Lockheed Martin, Horton, ERIC, Baker Hughes, Abbott, ABT, Clark, BOK, Monro, Simmons, United Community Banks, Lam, Ethan Allen Interiors, Raymond James Financial, Sherwin, Williams, Northrop, Murphy, Arthur J, Levi Strauss, LEVI, Booz Allen, Jim Cramer's, Jim Cramer, Jim, John Gress Organizations: Nasdaq, Microsoft, Nvidia, Tesla, Apple, Bank of America, Reserve, Procter, Gross, Citigroup, of Hawaii, United Airlines, Logitech International S.A, AGNC Investment, Agilysys Inc, Great Southern Bancorp, Enterprise Financial Services, Independent Bank, Home Bancorp, RBB Bancorp, TrustCo Bank Corp, Gamble Co, Verizon Communications, 3M Company, General Electric Co, GE, RTX Corporation, Halliburton Company, HAL, Lockheed, Ericsson, Bank, GATX Corporation, MakeMyTrip, National Bancorp, Synchrony, Webster, Atlantic Union Bankshares Corporation, Invesco PLC, Peoples Bancorp Inc, Sandy Spring Bancorp, Netflix, Texas Instruments Incorporated, Steel Dynamics, Canadian National Railway Company, NBT Bancorp, East West Bancorp, Covenant Logistics Group, Inc, Hanmi, National Bank Holdings Corporation, Premier Financial, QCR Holdings, Renasant Corporation, Triumph, Veritex Holdings, ASML, SAP, Textron, Oriental Education, Technology Group, First BanCorp, General Dynamics, OFG Bancorp, Prosperity, TE Connectivity, United Community, Blue Foundry Bancorp, Capitol Federal, HBT, Teledyne Technologies, Business Machines, IBM, Las Vegas Sands Corp, Lam Research, United Rentals, Berkley Corp, Crown, International, Packaging Corporation of America, Seagate Technology plc, CACI, Swift Transportation Holdings, Ameriprise Financial, Concentrix Corporation, First Bank, Liberty Energy, Pathward Financial, Columbia Banking, CSX, American Airlines Group, NextEra Energy Inc, Alaska Air Group, Dow Chemical Co, Valero Energy, Southwest Airlines Co, Nextera Energy, Williams Co, Union Pacific, Applied Industrial Technologies, Mobileye, Northrop Grumman, Comcast, Nokia, TAL Education, McCormick & Company, Intel, Visa Inc, Gallagher, Co, KLA Corporation, Western Alliance, Mobile, L3Harris Technologies, Western, Olin Corporation, American Express Co, Booz, Booz Allen Hamilton Holding, Colgate, Palmolive Co, Norfolk Southern Corporation, Jim Cramer's Charitable, CNBC, Gamble's Locations: Procter &, U.S, China, ZION, Freeport, Kimberly, Las, W.R, Chicago

☆ The S&P 500 tops a record high that ‘clears the charts’ of resistance ahead of a week of earnings, inflation data
▼ + stars: | 2024-01-19 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The S & P 500 rallied more than 1% on Friday, above both its closing and intraday records that it last reached in January 2022. "Meaning that when a major index like the S & P 500, like the Nasdaq 100, reaches a new all time high, what it does is, it clears the charts of resistance." For 2024, Wald anticipates the S & P 500 will end the year at the 5,400 level, representing a roughly 12% rise from Friday's close of 4,839.81. Inflation data, earnings ahead Next week will also bring the Fed's preferred inflation gauge for December, which is expected to confirm the recent trend of easing inflation. Leading Indicators Tuesday Jan. 23 10 a.m. Richmond Fed Index (January) Earnings: General Electric , Synchrony Financial , D.R.

Persons: it's, Katie Stockton, we've, Oppenheimer's Ari Wald, Wald, Dow Jones, That's, Dave Sekera, Sekera, Jan, Johnson, Lockheed Martin, Lockheed Martin Wednesday Jan, Kimberly, Clark, Northrop Organizations: Fed, Nasdaq, Morningstar Research Services, Richmond Fed, Synchrony, Raytheon Technologies, Verizon Communications, Halliburton, Johnson, Procter, Gamble, Lockheed, Lockheed Martin Wednesday, PMI, SA, PMI Manufacturing SA, PMI Services SA, Abbott Laboratories, Chicago, New, . Kansas City Fed Manufacturing, Northrop Grumman, Southwest Airlines, American Airlines, Comcast, PCE, Norfolk, American, CNBC Locations: Stockton, U.S, Horton, Freeport, McMoRan, . Kansas

☆ Cramer's week ahead: Earnings from Procter & Gamble, Tesla, Lockheed Martin
▼ + stars: | 2024-01-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday told investors to gear up for a "fast and furious" slew of earnings reports next week that could lead to some profit-taking, including Procter & Gamble , Tesla and Lockheed Martin . Only if we still have plenty of people out there bad-mouthing the market and calling it dangerous and perilous," Cramer said. Tuesday is one of the busiest days of the week, with reports from Procter & Gamble , Verizon , 3M , Johnson & Johnson , RTX , Lockheed Martin , D.R. Cramer predicted Verizon will do well, but Procter & Gamble may not see a blowout quarter, perhaps creating a buying opportunity. He'll be waiting to hear about an increased defense budget from Lockheed Martin and said D.R.

Persons: CNBC's Jim Cramer, Tesla, Lockheed Martin, Cramer, Johnson, D.R, He'll, Horton, he'll, Williams Organizations: Procter & Gamble, Lockheed, United Airlines, Logitech, Verizon, Johnson, General Electric, Netflix, Procter, Gamble, Abbott Laboratories, Tesla, Lam Research, IBM, Union Pacific, Intel, Sherwin, PayPal, American Express, Norfolk Southern, Federal Reserve Locations: RTX, Horton, Colgate

☆ Robert Andrew Parker, 96, Dies; Prolific Magazine and Book Illustrator
▼ + stars: | 2024-01-12 | by ( Richard Sandomir | More About Richard Sandomir | ) www.nytimes.com time to read: +2 min

“There was a casualness in his attitude toward his work,” said Joe Ciardiello, an illustrator who was a friend of Mr. Parker’s. “So many artists can get so fussy about the correct kind of paper or the proper pen or paints. But Bob would use whatever he had — people would give him paint, he’d use cheap stuff, expensive stuff. The original plan was for Mr. Parker’s and Mr. Douglas’s hands to alternate onscreen, where they would appear to be creating van Gogh’s paintings. But they worked on only one, “Wheatfield With Crows,” before Mr. Parker’s job became copying about 100 of van Gogh’s drawings and paintings to use in the film.

Persons: ”, Joe Ciardiello, Mr, Parker’s, Bob, ” Robert Andrew Parker, William, Harriett, Cowdin, Parker, Kirk Douglas, Vincent van Gogh, van Organizations: U.S . Public Health Service, Army Air Corps, Art Institute of Chicago, Metropolitan Museum of Art, New York School, Skowhegan, of Painting, MGM Locations: Norfolk, Va, Michigan, Fort Stanton, N.M, New York City, Paris, France

☆ Goldman breaks down the laggard trade and gives its comeback picks for first quarter 2024
▼ + stars: | 2023-12-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Today's market-leading stocks may not have the luxury to sit on their laurels, according to Goldman Sachs. Since Goldman Sachs began tracking the "Laggards" trade in 2022, the trend has held up 13 years out of 21, according to Mehta. The laggards have on average outperformed the S & P 500 by 130 basis points. The first, "differentiated buys," includes opportunities where Goldman Sachs analysts have out-of-consensus buy ratings. Finally, Goldman Sachs analysts also identified stocks with a "track record of CROCI [cash return on capital invested] generation," a metric that evaluates a company's cash return against its total equity.

Persons: Goldman Sachs, there's, Deep Mehta, Mehta, Laggards, laggards, Locker, — CNBC's Michael Bloom Organizations: Financial, Barclays, Mosaic, CF Industries, Clear, Chesapeake Energy, Shoals Technologies, Biomarin Pharmaceutical, Body Works, Mohawk Industries, Bristol, Myers Squibb, Honeywell International, United Parcel Service Locations: . Norfolk Southern, Bath

☆ South Korea flies solid-fuel rocket amid space race with North Korea
▼ + stars: | 2023-12-04 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

[1/4] A solid-fuel space rocket is launched during a test flight over the sea near Jeju Island, South Korea, December 4, 2023. The Defense Ministry/Handout via REUTERS Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korea on Monday successfully conducted a flight of a solid-fuel rocket carrying a satellite over the sea near Jeju Island, the defence ministry said, amid a growing space race with neighbouring North Korea. A SpaceX Falcon 9 rocket carried South Korea's first spy satellite into orbit on Friday from California's Vandenberg Space Force Base. North Korea on Monday denounced what it called Washington's "double standard" over the two Koreas' satellite launches and said such "brigandish" American standards would never be tolerated. A functioning reconnaissance satellite could allow North Korea to remotely monitor U.S., South Korean, and Japanese troops.

Persons: California's, Kim Jong, Hyunsu Yim, hyang Choi, Ed Davies, Gerry Doyle Organizations: The Defense Ministry, REUTERS Acquire, Rights, Agency for Defense Development, Korea's Hanwha, Hanwha Systems, SpaceX, California's Vandenberg Space Force, White House, Pentagon, U.S, Thomson Locations: Jeju, South Korea, Rights SEOUL, North Korea, Pyongyang, United States, Korea, Norfolk , Virginia, South

☆ Stocks making the biggest moves midday: Tesla, Disney, Alibaba, Ulta Beauty and more
▼ + stars: | 2023-12-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Ulta Beauty — The beauty stock rallied nearly 11% after posting third-quarter results that surpassed analysts' estimates. Samsara — Samsara shares popped 16% after the cloud company posted better-than-expected quarterly results and shared stronger-than-expected guidance. The chip company posted third-quarter earnings that topped Wall Street's estimates but shared weaker-than-expected guidance for the current quarter. Ambarella — Shares slipped 1% after Ambarella reported third-quarter gross margins of 62.6%, down from 63.5% in the year-ago period. Otherwise, the semiconductor design company posted quarterly results that topped estimates.

Persons: Tesla, Nelson Peltz, Alibaba, Morgan Stanley, Wells, Dell, Altimmune, Ambarella, Jefferies, Yun Li, Michelle Fox, Sarah Min, Alex Harring, Brian Evans, Jesse Pound Organizations: Disney — Disney, Trian Fund Management, Pfizer, Paramount Global, Street Journal, Paramount, Apple, Marvell Technology, Invest, Nasdaq, Dell —, LSEG, JPMorgan, Norfolk Southern, Bank of America, CSG Locations: Texas, China, Wells Fargo, Norfolk, Ohio

☆ Here are Friday's biggest analyst calls: Tesla, Boeing, Amazon, Delta, Spotify, Alibaba, Johnson & Johnson and more
▼ + stars: | 2023-12-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Friday: Stifel initiates Boeing at buy Stifel said it sees a "favorable" setup for Boeing shares. Citi downgrades Spotify to neutral from buy Citi said in its downgrade of Spotify that the risk/reward is less compelling. Jefferies initiates Arcos Dorados as a buy Jefferies said the Latin American McDonald's franchisee is a "consistent compounder." Jefferies initiates CSG Systems as buy Jefferies said in its initiation of the software-as-a-service company that it sees burgeoning growth. Jefferies initiates Amdocs as buy Jefferies said it sees opportunity for the Israel-based software and systems integration supplier. "

Persons: Stifel, TD Cowen, Morgan Stanley downgrades Alibaba, Morgan Stanley, it's, Alibaba, Tesla, Cantor Fitzgerald, Cantor, Jefferies, Piper Sandler, TXRH, Wells, Wells Fargo, Emerson, Oppenheimer, Goldman Sachs, Bonnie Herzog's, MarketWise, Redburn, Johnson Organizations: Boeing, Delta, Air Lines, Citi, Spotify, RBC, Western Alliance, Novo Nordisk, Arcos, American, Crescent Energy, Fortrea Holdings, ISI, Aspen Technology, Emerson, JPMorgan, Constellation Brands, Constellation, UBS, Bank of America, Norfolk Southern, of America, Norfolk, CSG Systems, Communication Service, Financial Services, Technology, Healthcare, Westinghouse, Johnson, Innovative Medicine, Pharmaceutical Locations: Europe, China, Arcos, 4Q24, reaccelerate, Aspen, Norfolk, Israel

☆ Glittering photos show the royal family's Windsor Castle residence decked out for Christmas
▼ + stars: | 2023-11-30 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Windsor Castle, one of the royal family's official residences, is decorated for Christmas. The 20-foot Christmas tree features a star for the 675th anniversary of the Order of the Garter. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe royal family usually spends Christmas at Sandringham House in Norfolk, but it's Windsor Castle that gets fully decked out for the holidays. Take a look at how members of the Royal Collection Trust have decorated the historic royal residence for Christmas.

Persons: — Organizations: Garter, Waterloo Chamber, Garter Service, Service, Sandringham House, Royal Collection Locations: Windsor, Waterloo, Norfolk

☆ US, partners target North Korea with sanctions following satellite launch
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +4 min

The list includes senior officials from the National Aerospace Technology Administration, which oversaw the satellite launch, and the munitions industry department. Since the launch of the satellite, North Korea said that its leader, Kim Jong Un, has reviewed spy satellite photos of the White House, Pentagon and U.S. aircraft carriers at the naval base of Norfolk. Kimsuky's hacking operation has been historically focused on South Korea, Japan and the United States. The RGB is a North Korean intelligence agency that is involved in cyber warfare activities, according to analysts, and is under U.S. sanctions. Two Russia-based representatives of North Korean banks and one China-based representative were also hit with sanctions, among others.

Persons: Kim Jong, Brian Nelson, Nelson, Kimsuky, Daphne Psaledakis, David Brunnstrom, Christopher Bing, Hyonhee Shin, Sandra Maler, Gerry Doyle Organizations: Korean Central News Agency, KCNA, REUTERS, U.S . Treasury Department, North, Terrorism, Financial Intelligence, Democratic People's, National Aerospace Technology Administration, United Nations, White House, Pentagon, U.S, North Korea sparred, Security Council, Treasury, Cybersecurity, Infrastructure Agency, Security, U.S . National Security Agency, Korea's, Bureau, UN, Thomson Locations: WASHINGTON, SEOUL, United States, Korea, U.S, Australia, Japan, North Korea, Korean, Republic of Korea, Democratic People's Republic of Korea, South, New York, Norfolk, South Korea, Guam, Italy, Washington, Europe, Russia, North Korean, Iran, China, North, Seoul

☆ Fact Check: Video of man praying for Trump to replace Biden as US president is altered
▼ + stars: | 2023-11-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A video clip showing a man in military uniform praying for U.S. President Joe Biden to be replaced by his predecessor Donald Trump while sharing the stage with Biden at an event in Norfolk, Virginia, has been flipped horizontally and contains an altered audio track. On Nov. 19 at an event dubbed “Friendsgiving,” Biden and first lady Jill Biden served Thanksgiving dinners to military personnel and their families at Naval Station Norfolk, Reuters reported. The chaplain’s full prayer can be viewed at 7:36-9:12 and makes no reference to Biden or Trump. The moment seen in the edited clip, originally shows the chaplain concluding his prayer (9:03) with the words, “Bless our fellowship. Original footage shows that a military chaplain did not pray to “get rid of” Biden and “bring back” Trump at a Friendsgiving event in November 2023.

Persons: Joe Biden, Donald Trump, Biden, “, ” Biden, Jill Biden, Donald J, Trump, ” Trump, Read Organizations: Naval, Reuters, Facebook, White House YouTube, Biden, Trump, Thomson Locations: Norfolk , Virginia, Norfolk

☆ North Korea Says Its New Spy Satellite Photographed White House, Pentagon
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

On Tuesday North Korean state media said leader Kim Jong Un had reviewed spy satellite photos of the White House, Pentagon and U.S. aircraft carriers at the naval base of Norfolk. North Korea last week successfully launched its first reconnaissance satellite, which it has said was designed to monitor U.S. and South Korean military movements. Since then state media has reported the satellite photographed cities and military bases in South Korea, Guam, and Italy, in addition to the U.S. capital. Commercial imagery of those cities on Nov. 27, the day North Korea says it captured its photographs, was not immediately available. The United States and South Korea have condemned the satellite launch as a violation of U.N. Security Council resolutions banning any use of ballistic technology.

Persons: Josh Smith, Hyonhee Shin, Kim Jong Un, Chad O'Carroll, Dave Schmerler, James Martin, Schmerler, Jeffrey Lewis, Kim, KCNA, Hyonhee ShinEditing, Chris Reese, Sandra Maler, Gerry Doyle Organizations: Tuesday North, White House, Pentagon, U.S, NK News, Falcon, James, James Martin Center, Nonproliferation Studies, Andersen Air Force Base, U.S . Locations: Hyonhee Shin SEOUL, North Korea, Norfolk . North Korea, Korean, South Korea, Guam, Italy, Pyongyang, Seoul, U.S, U.S . Western, Norfolk, Newport, British, Korea, United States

Eventually, China wants the schemes to be integrated into national emissions trading and generate credits that can offset emissions by industrial polluters, government plans show. PERSONAL CARBON TRADINGChina's carbon inclusion ambitions have been in gestation since 2015, when the southeastern province of Guangdong published rules on how to convert low-carbon activity into credits. Guangdong also allows enterprises to meet 10% of carbon reduction obligations through carbon inclusion credits. And there are worries the carbon inclusion schemes could let industrial polluters off the hook by shifting the burden of emission cuts to households. China climate official Su Wei told local media the green transformation of China would "inevitably involve profound changes in people's daily habits and consumption patterns", but he said carbon inclusion schemes would remain voluntary.

Persons: David Kirton, China's, Xie Zhenhua, Banks, Benjamin Sovacool, Li, Zhang Xin, people's, Yaqiu Wang, Su Wei, David Stanway, Sonali Paul Organizations: REUTERS, China, Communist, China Academy of Sciences, People's Bank of, Boston University, Environmental Studies, New, Thomson Locations: Pingshan district, Shenzhen, Guangdong province, China, SHENZHEN, Dubai, Guangdong, People's Bank of China, Quzhou, Finland, British, Singapore, New York, Shanghai, Beijing

☆ North Korea's Kim received photos taken by spy satellite of White House, Pentagon -KCNA
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

North Korea's leader Kim Jong-un meets with members of the Non-Standing Satellite Launch Preparation Committee, in this picture released by the Korean Central News Agency on November 24, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Nov 28 (Reuters) - North Korean leader Kim Jong Un received photos of the White House, Pentagon and U.S. aircraft carriers in the naval base of Norfolk, taken by its recently launched spy satellite, state media KCNA said on Tuesday. North Korea last week successfully launched its first reconnaissance satellite, which it has said was designed to monitor U.S. and South Korean military movements. The photos were the latest in a series of images of what KCNA described as "major target regions" sent by the satellite, including the South Korean capital of Seoul and U.S. military bases. Seoul officials have said the North's satellite capabilities could not be verified as it has not released the photos.

Persons: Kim Jong, KCNA, Kim, Hyonhee Shin, Chris Reese, Sandra Maler Organizations: Korean Central News Agency, KCNA, REUTERS Acquire, Rights, White House, Pentagon, U.S, ., Andersen Air Force Base, U.S ., Thomson Locations: Rights SEOUL, Norfolk, Korea, Korean, Seoul, U.S, U.S . Western, Guam, Newport, British, United States, South Korea

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