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How GLP-1 drugs work Sorting through the facts reveals some likely winners and losers. LLY YTD mountain Eli Lilly shares year to date performance It is still early days for GLP-1 medications. Many have seen the rise of GLP-1 drugs as a threat to the medical device industry. Also, not all patients are able to tolerate GLP-1 drugs, which can cause side effects such as nausea. Among other medtech stocks, Plovanic sees GLP-1 drugs as an "incremental positive" for Dexcom, which makes continuous glucose monitors (CGMs), but an "incremental negative" for insulin pump makers like Insulet.

Persons: Insulet, Medtronic, Dexcom, BAX, NASH, Eli Lilly, Peter Verdult, Lilly, Eli Lilly aren't, Piper Sandler, Wegovy, Yasmeen Rahimi, Robbie Marcus, Marcus, hasn't, Baxter, David Low doesn't, William Plovanic, Craig Wong, Pan, Plovanic, Matt O'Brien, O'Brien, Rippling, Simeon Gutman, Morgan Stanley, Gutman, — CNBC's Michael Bloom Organizations: Novo Nordisk, Baxter International, Baxter, GLP, Citi, Novo, Bank of America, Viking Therapeutics, Pharmaceuticals, Pfizer, Amgen, Companies, Fisher, Reuters, Inspire, Systems, JPMorgan, RBC Capital, Walmart, underperformance Locations: GLP, U.S, DaVita, ResMed

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Based on the low end of the range, Birkenstock could be valued at as low as $8.5 billion. Their shares have, however, given up gains since going public, muddying the outlook for the IPO market. As of Tuesday's close, Instacart shares were 10% below their IPO price. The company had disclosed a 21% jump in revenue to 1.12 billion euros ($1.19 billion) for the nine-month period ended June 30.

Persons: Fabrizio Bensch, Bernard Arnault, Louis Vuitton Moet Hennessy, Susannah Streeter, Hargreaves Lansdown, Margot Robbie, Barbie, Tommy Tranfo, Tranfo, Birkenstock, Dior, Stüssy, Manolo Blahnik, Rick Owens, Manya Saini, Niket, Anil D'Silva Organizations: REUTERS, New York Stock Exchange, Arm Holdings, Hargreaves, Reuters, Reuters Graphics, Thomson Locations: Berlin, Germany, French, Langen, Bengaluru

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. The company's IPO raised $1.48 billion after its 32.3 million shares were conservatively priced at $46 apiece, positioning the 250-year-old brand for a smooth market debut. "Arguably, this should position Birkenstock more favorably in an environment where real interest rates are high and still rising. Birkenstock had disclosed a 21% jump in revenue to 1.12 billion euros ($1.19 billion) for the nine-month period ended June 30. The brand has partnerships deal with luxury fashion brands, including Dior, Stüssy, Manolo Blahnik and Rick Owens.

Persons: Fabrizio Bensch, Susannah Streeter, Hargreaves Lansdown, Birkenstock, Javier Gonzalez Lastra, France's Bernard Arnault, Louis Vuitton Moet Hennessy, Margot Robbie, Barbie, Michael Ashley Schulman, Tommy Tranfo, Tranfo, Dior, Stüssy, Manolo Blahnik, Rick Owens, Manya Saini, Niket, Anil D'Silva Organizations: REUTERS, New York Stock Exchange, Hargreaves, Arm Holdings, Tema, Reuters Graphics, Running, Capital Advisors, Thomson Locations: Berlin, Germany, Langen, Bengaluru

ARLINGTON, Texas (AP) — Bruce Bochy was home the past three Octobers, doing a little fishing and hitting a few golf balls after stepping away from a 25-year managerial career that included three World Series championships. Bochy is back in the dugout for the postseason in his first season with the Texas Rangers, whose general manager is one of his former pitchers who lured him out of his brief retirement. “I'm having the time of my life,” said the 68-year-old Bochy, who is going to his first American League Championship Series. Political Cartoons View All 1207 Images“You look at a man like Boch that's done it all in this game, that's been there, done that,” outfielder-designated hitter Robbie Grossman said. “He was a great manager in 2006 when I played for him, but the game has changed immensely since then,” Rangers GM Chris Young said.

Persons: — Bruce Bochy, Bochy, “ I'm, ”, that's, Robbie Grossman, “, He's, Dusty Baker, Chris Young, he's, Mitch Garver, —, Cy Young, Jacob deGrom, Max Scherzer, hasn't, “ It's, it's, ” Bochy, Josh Jung, ” Jung, Jonah Heim, There's, Young, I'm Organizations: Texas Rangers, American, Rangers, League, San Diego Padres, San Francisco Giants, Houston Astros, AL West, ” Rangers, Baltimore, Seattle, Nashville Locations: ARLINGTON , Texas, Tampa, Baltimore, North Texas, East Coast, Bochy

REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsNEW YORK, Oct 10 (Reuters) - German premium footwear maker Birkenstock Holding (BIRK.N) priced its U.S. initial public offering (IPO) at the middle of its indicated price range at $46 per share, the company said on Tuesday. While shares of Arm and Klaviyo still trade above their IPO price, Instacart's stock is now worth less than its IPO value. Birkenstock was founded in 1774 in the German village of Langen-Bergheim by Johannes Birkenstock and his younger brother Johann Adam Birkenstock, who were both shoemakers. After the IPO, L Catterton will hold an 82.8% stake in Birkenstock and control a majority of the combined voting power of its outstanding shares. Birkenstock's shares will start trading on Wednesday on the New York Stock Exchange under the ticker "BIRK".

Persons: Fabrizio Bensch, Birkenstock, Johannes Birkenstock, Johann Adam Birkenstock, Barbie, Margot Robbie, Bernard Arnault, Louis Vuitton Moet Hennessy, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Anirban Sen, Echo Wang, Dimpal Gulwani, Lisa Shumaker Organizations: REUTERS, Birkenstock, underwriters, Arm Holdings, New York Stock Exchange, JPMorgan, Thomson Locations: Berlin, Germany, Langen, French, Birkenstock

☆ Why Nelson Peltz Grew Impatient With Disney’s Turnaround Efforts
▼ + stars: | 2023-10-10 | by ( Robbie Whelan | Jessica Toonkel | ) www.wsj.com time to read: 1 min

Persons: Dow Jones Organizations: disney

☆ Nelson Peltz Boosts Disney Stake, Seeks Board Seats
▼ + stars: | 2023-10-09 | by ( Lauren Thomas | Robbie Whelan | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: disney

Birkenstock would end up raising $1.58 billion at the top of the range. While shares of Arm and Klaviyo still trade above their IPO price, Instacart's stock is now worth less than its IPO value. This helps explain why Birkenstock is not inclined to raise its IPO price range despite the strong initial investor demand. To leave less to chance, Birkenstock launched the roadshow for its IPO last week with some investors lined up. Birkenstock was founded in 1774 in the German village of Langen-Bergheim by Johannes Birkenstock and his younger brother Johann Adam Birkenstock, who were both shoemakers.

Persons: Birkenstock, Financière Agache, Johannes Birkenstock, Johann Adam Birkenstock, Barbie, Margot Robbie, Bernard Arnault, Louis Vuitton Moet Hennessy, Anirban Sen, Chris Reese Organizations: Birkenstock Holding, U.S, Arm Holdings, Nike Inc, Partners, Norges Bank Investment Management, Thomson Locations: New York, Langen, French, Birkenstock

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Birkenstock is the latest high-profile listing to put investor focus on the initial public offering (IPO) market, which is gradually reopening after two relatively quiet years and a burst of activity in September. Due to recent price hikes, worldwide footwear sales are expected to rise just 2.9% over 2022, according to market research firm Euromonitor International. AllBirds (BIRD.O), Dr Martens (DOCS.L), and On Running (ONON.N) have all seen their market value fall since their IPOs in 2021. "When you look at the trend of other shoe companies that have IPO-ed, it doesn't give a great outlook for Birkenstock," Valechha said.

Persons: Fabrizio Bensch, Birkenstock, Kellogg, Mamta, Cheviot, Valechha, Johann Adam Birkenstock, Barbie, Margot Robbie, Jessica Ramirez, Jane Hali, Siobhan Gehin, Roland Berger, Thomas Hayes, sneaker, Dr Martens, Allbirds, Alexandre Arnault, LVMH, Bernard Arnault, Matt Oguz, Iris, L, Ananya Mariam Rajesh, Helen Reid, Emma, Victoria Farr, Echo Wang, Abigail Summerville, Deepa Babington Organizations: REUTERS, LVMH, New York Stock Exchange, Euromonitor, Associates, Dick's Sporting, Reuters, Partners, Norges Bank Investment Management, Thomson Locations: Berlin, Germany, New York, London, Neustadt, United States, U.S, Cannes, Silicon Valley

☆ These are JPMorgan’s top stocks for October
▼ + stars: | 2023-10-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

JPMorgan added three new stocks to its list of top names for October, including a sports betting company that has had a massive rally since the start of the year. The focus list comprises the top ideas of the bank's equity analysts spanning growth, value and short investment strategies. The bank has a $60 price target, more than 13% above the stock's $52.80 close on Friday. Returning names to the list include value stock General Motors , which is down 3% this year. Analyst Tessa Romero's $26 price target implies shares could rise more than 353% from their Friday close of $5.73.

Persons: Joseph Greff, Robbie Marcus, Greff, Ryan Brinkman's, Tessa Romero's, — CNBC's Michael Bloom Organizations: JPMorgan, Boston Scientific, Wynn Resorts, Boston, Motors, United Auto Workers, Ford Motor, Edgewise Therapeutics, Boyd Gaming Locations: DraftKings, Macau, China, UAE

☆ Germany's Birkenstock targets $9.2 billion valuation in New York IPO
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: +1 min

Birkenstock, the German premium footwear brand backed by private-equity firm L Catterton, said on Monday it is seeking a valuation of up to $9.2 billion in its highly anticipated initial public offering (IPO) in New York. The U.S. securities regulator is well-staffed now that a government shutdown has been averted, allowing it to review IPO filings by companies looking to take advantage of the long-awaited reopening of the IPO window. On its website, the company says all elements of its design - the buckles, the straps, the sole and the footbed - have a "functional purpose". Most of its products are manufactured in facilities in Rhineland-Palatinate, North Rhine-Westphalia, Hesse and Saxony in Germany. Goldman Sachs, J.P. Morgan and Morgan Stanley are among the underwriters for the IPO.

Persons: Margot Robbie, Goldman Sachs, J.P, Morgan, Morgan Stanley Organizations: U.S . Securities, Exchange Commission, underwriters Locations: New York, U.S, Rhineland, Palatinate, North Rhine, Westphalia, Hesse, Saxony, Germany

☆ Ireland come out on top of bruising clash with South Africa
▼ + stars: | 2023-09-23 | by ( Julien Pretot | ) www.reuters.com time to read: +4 min

PARIS, Sept 23 (Reuters) - Top-ranked Ireland claimed a 13-8 statement victory over defending champions South Africa in a high-octane heavyweight World Cup clash that lived up to the hype at a sweltering Stade de France on Saturday. Scotland and Tonga, who both lost their opening game in Pool B, face each other in Nice on Sunday. South Africa captain Siya Kolisi hailed his team's performance despite the loss. South Africa came into the contest with a 7-1 split between forwards and backs on the bench and Ireland boldly looked to keep the ball in play as much as possible, going for the corner instead of kicking early penalties. South Africa got onto the scoreboard first in a brutal start with a Libbok penalty as huge tackles and collisions drew oohs and aahs from the 78,542 crowd.

Persons: Andy Farrell's, Mack Hansen, Johnny Sexton, Jack Crowley, Cheslin Kolbe, Manie, Klerk, Farrell, Siya Kolisi, Hugo Keenan ghosted, Sexton, Robbie Henshaw, Hansen, James Lowe, Kolbe darted, Libbok, Crawley, flyhalf Handre Pollard, Julien Pretot, Ken Ferris Organizations: Ireland, South, Stade de France, Springboks, Scotland, Wales, New Zealand, Thomson Locations: South Africa, Tonga, Nice, Africa, Ireland, France

☆ When a Congressman Challenged Disney on China, It Laid Off Beijing Staff
▼ + stars: | 2023-09-22 | by ( Jessica Toonkel | Robbie Whelan | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, 1245a752 Organizations: disney Locations: beijing

☆ ‘Everyone is in the same boat’: Is designing fashion worth going into debt?
▼ + stars: | 2023-09-20 | by ( Leah Dolan | ) edition.cnn.com time to read: +8 min

Kylie Jenner is a known favorite, too, choosing a Spring-Summer 2023 look to wear during Paris Fashion Week last September; as well as posing in custom pieces for her 399 million Instagram followers. It’s as simple as that,” Findikoglu told CNN during an interview outside her east London studio on the first day of London fashion week. While 31-year-old American designer Michael Halpern — who has received two British Fashion Awards in his career — announced just last week that not only would his label be skipping London Fashion Week, but that it plans to close for good. Findikoglu believes more financial help should be available to all brands on the London fashion week schedule. I’m not going to come to the studio in my knife dress, you know?”A model walks the runway at the Dilara Findikoglu show in the avant garde knife dress during London Fashion Week February 2023.

Persons: Dilara Findikoglu, Olivia Rodrigo, Findikoglu —, —, Lady Gaga, Madonna, Bella Hadid, She’s, Margot Robbie, Barbie, Hari Nef, Kylie Jenner, Cardi, MTV VMAs, Taylor Hill, “, ” Findikoglu, I’m, she’s, ” Margot Robbie's corseted, Findikoglu, Stuart C, Wilson, Steven Stokey, Daley, S.S Daley, Michael Halpern —, ”, Loewe, Louis Vuitton, Dior, Celine, Fendi, Marc Jacobs, Gucci, Balenciaga, Alexander McQueen, Saint Laurent, David M, it’s, I’ve, Cameron Smith Organizations: CNN, London CNN, MTV, Stone Magazine, Awards, London, Central Saint Martins, Savigny Partners, Brands, British Fashion Council, BFC, Getty Locations: London, Turkey, American, Savigny, Bottega Veneta, NEWGEN, Paris

☆ Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade
▼ + stars: | 2023-09-19 | by ( Robbie Whelan | Alyssa Lukpat | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ 'Neighbours' returns with 'polish' in Amazon reboot of Australian soap
▼ + stars: | 2023-09-18 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

LONDON, Sept 18 (Reuters) - Australian soap opera "Neighbours" made a comeback on Monday in a highly publicised reboot, nearly 14 months after the show wrapped up last year in an emotional finale after running for nearly four decades. Following an outcry from fans, streaming giant Amazon announced in November it would revive the drama, airing it in Britain and the United States on its ad-supported service Amazon Freevee. "The show is still ‘Neighbours’ and it will continue to be ‘Neighbours’, it’s just ‘Neighbours’ with a nice polish," original cast actor Stefan Dennis, who plays the villainous, six-times married businessman Paul Robinson, told Reuters. There is a "bit more thrown at it... but it basically is still the same formula, which is great." Last year's finale saw old stars, including Minogue, return to Ramsay Street, the cul-de-sac where the show is set.

Persons: Kylie Minogue, Margot Robbie, Guy Pearce, Stefan Dennis, Paul Robinson, Minogue, Alan Fletcher, Karl Kennedy, Rebekah Elmaloglou, Terese Willis, Mischa Barton, American Reece, Varga, Murphy, Tim Kano, Leo Tanaka, Marie, Louise Gumuchian, Bernadette Baum Organizations: Britain's, Amazon, Neighbours, Reuters, Thomson Locations: Melbourne, Erinsborough, Australia, Britain, United States, New Zealand, Canada

☆ Disney Chief Information Officer Departs
▼ + stars: | 2023-09-15 | by ( Jessica Toonkel | Robbie Whelan | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, 8c27ca62

☆ Is Marvel’s Politics Left or Right?
▼ + stars: | 2023-09-15 | by ( Robbie Whelan | ) www.wsj.com time to read: 1 min

“Secret Invasion,” the new Marvel Studios series on Disney +, tells the story of a shapeshifting race of aliens, the Skrulls, who live in hiding among the people of Earth, their green scaly skin disguised under human faces. The Skrulls first appeared in the pages of Marvel’s “Fantastic Four” comic books in 1962. Back then, they were avatars of Cold War paranoia—stand-ins for the infiltration of American society by secret Communists.

Persons: Marvel’s Organizations: Marvel Studios, Disney

☆ Birkenstock reveals 21% revenue jump in updated financials ahead of IPO
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsSept 15 (Reuters) - German premium footwear maker Birkenstock Holding's revenue jumped 21% in the nine months ended June 30, it said in updated paperwork for a U.S. stock market listing on Friday. The company, backed by private equity firm L Catterton, is one of a handful of high-profile firms gearing up for a stock market debut. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) grew 16% to 387 million euros in the same period. Goldman Sachs, J.P. Morgan and Morgan Stanley are among the underwriters for the IPO.

Persons: Fabrizio Bensch, Birkenstock, Barbie, Margot Robbie, Goldman Sachs, J.P, Morgan, Morgan Stanley, Niket, Krishna Chandra Organizations: REUTERS, SoftBank, Arm Holdings, underwriters, Thomson Locations: Berlin, Germany, U.S, Bengaluru

☆ Corey Seager powers Rangers to sweep of Blue Jays
▼ + stars: | 2023-09-15 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

September 15 - Corey Seager went 3-for-4 with a solo home run and three RBIs as the visiting Texas Rangers defeated the Toronto Blue Jays 9-2 on Thursday night to sweep a four-game series. Jonah Heim added a solo home run for the Rangers to finish with eight RBIs in the series. Vladimir Guerrero Jr. hit a two-run home run for the Blue Jays, who are 3-4 on their 10-game homestand. Seager opened the scoring with his 31st homer of the season, a drive to right-center with one out in the first. After an intentional walk to Seager, Nathaniel Lowe hit a two-run single.

Persons: Corey Seager, Jonah Heim, Vladimir Guerrero Jr, Kevin Gausman, Nathan Eovaldi, Cody Bradford, Seager, Bo Bichette, Guerrero, Ezequiel Duran's, Marcus Semien's, Whit Merrifield, Heim, Duran, Trevor Richards, Evan Carter, Nathaniel Lowe, Taveras, Yimi Garcia, Robbie Grossman, Josh H, Smith, Mitch Garver, Matt Chapman, Nathan Lukes, Chapman Organizations: Texas Rangers, Toronto Blue Jays, The Rangers, Mariners, American League, Blue Jays, Seattle, Rangers, Toronto, Texas, Triple, Thomson Locations: Toronto, Texas, Semien

☆ Rangers blank Blue Jays for 10-run rout
▼ + stars: | 2023-09-14 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

September 14 - Nathaniel Lowe and Mitch Garver hit three-run homers, left-hander Jordan Montgomery pitched seven scoreless innings and the visiting Texas Rangers defeated the Toronto Blue Jays 10-0 Wednesday night. Jonah Heim had an RBI single for the Rangers and has seven RBIs in the series. The Rangers (81-64) moved 1 1/2 games ahead of the Blue Jays (80-66) in the American League wild card race. The Rangers scored two more runs in the fifth. Lowe singled with one out, took second on pinch hitter Josh H. Smith's two-out single and scored on Evan Carter's single.

Persons: Nathaniel Lowe, Mitch Garver, Jordan Montgomery, Robbie Grossman, Jonah Heim, Yusei Kikuchi, Corey Seager, Grossman, Heim, Lowe, Seager, Bowden Francis, Josh H, Evan Carter's, Smith, Martin Perez, Garver, Chad Green, Ian Kennedy, Max Scherzer, Jonathan Hernandez Organizations: Texas Rangers, Toronto Blue Jays, Rangers, The Rangers, Blue Jays, American League, Texas, Montgomery, Triple, Thomson Locations: . Texas, Texas . Texas, Toronto

☆ Disney-Charter Feud Portends Carnage in Cable TV. ‘The Market’s Been Warned.’
▼ + stars: | 2023-09-13 | by ( Robbie Whelan | Isabella Simonetti | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Rangers down Blue Jays, move ahead in AL wild-card race
▼ + stars: | 2023-09-13 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

September 13 - Robbie Grossman hit a two-run home run and the visiting Texas Rangers defeated the Toronto Blue Jays 6-3 on Tuesday night. The Rangers (80-64) have won the first two games of the four-game series to move a half-game ahead of the Blue Jays (80-65) in the American League wild-card race. Toronto left-hander Hyun Jin Ryu (3-3) allowed three runs on five hits with one walk and five strikeouts in six innings. The Rangers took a 2-0 lead in the fourth on their first two hits of the game. Biggio took third on pinch hitter Santiago Espinal's double, and a run scored on pinch hitter Ernie Clement's groundout.

Persons: Robbie Grossman, Corey Seager, Davis Schneider, Hyun Jin Ryu, Max Scherzer, Seager, Grossman, Mitch Garver's, Jonah Heim's, Jose Leclerc, Yimi Garcia, Leody Taveras, Josh H, Smith, Tim Mayza, Spencer Horwitz, Leclerc, Brock Burke, Biggio, Santiago Espinal's, Ernie Clement's groundout, Chris Stratton, Burke, Trevor Richards, Travis Jankowski's, Aroldis Chapman, Schneider's Organizations: Texas Rangers, Toronto Blue Jays, Texas, The Rangers, Blue Jays, American League, Toronto, Rangers, Cavan Biggio's, Thomson Locations: Toronto, Texas, Scherzer

☆ Trump loses bid to delay E. Jean Carroll rape-defame case, but granted expedited appeal
▼ + stars: | 2023-09-13 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

E. Jean Carroll reacts as she exits the Manhattan Federal Court following the verdict in the civil rape accusation case against former U.S. President Donald Trump, in New York City, May 9, 2023. A federal appeals court on Wednesday denied a bid by Donald Trump to delay a defamation lawsuit by the writer E. Jean Carroll, but granted him an expedited appeal on the question of whether he can claim absolute presidential immunity as a defense. Barring further action by that appeals court or the Supreme Court, the second of Carroll's suits remains scheduled for trial in mid-January in U.S. District Court in Manhattan. In the pending suit headed to trial, Carroll alleges Trump defamed her in 2019 when he, as president, first made statements denying her claim of rape. The DOJ also noted that Trump's allegedly defamatory statements about Carroll continued after he left the White House in January 2021.

Persons: Jean Carroll, Donald Trump, Carroll, Trump, Carrol, Robbie Kaplan, Kaplan, Goodman, Trump's Organizations: U.S, Wednesday, 2nd Circuit, Trump, Circuit, Department of Justice, DOJ, Washington , D.C, ., White Locations: Manhattan, New York City, New York, U.S, Washington ,

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