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☆ A flurry of earnings reports, Fed rate hike, signs of a bull market
▼ + stars: | 2023-02-04 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Earnings season continues next week, with Club holdings Linde (LIN), Emerson Electric (EMR) and Walt Disney (DIS) all set to report. Similarly, shares of Meta Platforms (META) have surged over 20% since CEO Mark Zuckerberg reassured investors Wednesday evening that 2023 would be the technology giant's "year of efficiency." The bull case is further supported by continued signs inflation is easing, a still-robust job market and the breadth of market-buying activity since the start of the year. Lastly on Wednesday, the Fed's Federal Open Market Committee raised the federal funds rate by 25 basis points, in line with expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Earnings and Fed Chair Powell will again drive markets in the week ahead
▼ + stars: | 2023-02-03 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

With few economic releases and the earnings season starting to wind down, an appearance by Federal Reserve Chairman Jerome Powell Tuesday could be among the newsiest events for markets in the week ahead. The Fed chair is speaking at the Economic Club of Washington D.C. at midday Tuesday. If he wanted to walk back anything, he could have done it then," said Art Hogan, chief market strategist at B. Riley. Economists said Friday's surprisingly strong jobs report should encourage the Fed to push forward with planned rate hikes. Earnings, earnings, earnings But there continues to be earnings news.

☆ Jim Cramer on why Tyson Foods' conference call will be a must-listen
▼ + stars: | 2023-02-03 | 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 EmailJim Cramer on why Tyson Foods' conference call will be a must-listenCramer explained why investors should listen to Tyson Foods' conference call after the company reports its quarterly earnings next week.

☆ Cramer’s week ahead: Take advantage of the bull market by selling some shares
▼ + stars: | 2023-02-03 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Monday: Tyson Foods, Simon Property GroupTyson FoodsQ1 2023 earnings release at 7:30 a.m. Simon Property GroupQ4 2022 earnings release at 4:05 p.m. Tuesday: Chipotle Mexican Grill, Enphase EnergyChipotle Mexican GrillQ4 2022 earnings release at 4:10 p.m. Wednesday: CVS Health, DisneyCVS HealthQ4 2022 earnings release at 6:30 a.m. Newell BrandsQ4 2022 earnings release at 6 a.m.

☆ Tyson Foods CFO Pleads Guilty to Public Intoxication, Trespassing Charges
▼ + stars: | 2023-01-24 | by ( Patrick Thomas | ) www.wsj.com time to read: 1 min

Tyson Foods CFO John R. Tyson, great-grandson of the meat giant’s founder, has apologized for the incident. Tyson Foods Inc. Chief Financial Officer John R. Tyson pleaded guilty to charges after being arrested in November for falling asleep in a house that wasn’t his, according to the Fayetteville, Ark. prosecutor’s office and the district court. Mr. Tyson, great-grandson of the meat giant’s founder, agreed to pay a $150 fine each on charges of public intoxication and criminal trespass, admitting guilt, officials said. With fees, he paid $440 total on Tuesday.

But to reach its ultimate destination - supermarket shelves - cultivated meat faces big obstacles, five executives told Reuters. California-based cultivated meat company GOOD Meat already has an application pending with the FDA, which has not been previously reported. Regulatory approval is just the first hurdle for making cultivated meat accessible to a broad swath of consumers, executives at UPSIDE, Mosa Meat, Believer Meats, and GOOD Meat told Reuters. But it will take hundreds of millions of dollars for GOOD Meat, for example, to build bioreactors of the size needed to make its meat at scale, Tetrick said. But cultivated meat companies have the advantage that they can claim their product is real meat, Tetrick said.

☆ The 10 best cities to buy a home in 2023 are all in the South
▼ + stars: | 2023-01-22 | by ( Mike Winters | ) www.cnbc.com time to read: +5 min

The median price of homes in some of these markets isn't cheaper than the national median of $398,500. However, these cities scored high on other metrics such as job growth or housing supply. Here are the 10 best places to buy a home in 2023, according to NAR:1. However, this fast-growing market has strong migration gains and job growth that is nearly twice the national average. Just under 30% of renters can afford a typical home with a 10% down payment, which is almost twice the national average.

☆ Capital One Job Cuts Signal Trouble for IT Labor Market
▼ + stars: | 2023-01-21 | by ( Belle Lin | ) www.wsj.com time to read: +5 min

Technology sector employment overall has remained stable, but job postings for future tech hiring have declined for the second consecutive month, according to IT trade group CompTIA. Companies across industries hired 137,000 tech workers in December, compared with 130,000 the month prior, CompTIA estimates based on an analysis of U.S. Labor Department data. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. News of the job cuts was reported earlier by Bloomberg. Some employers might be shedding the additional technology workers they hired to ramp up remote-work capabilities during the early days of the Covid-19 pandemic, said Mark Muro, a senior fellow at Brookings Institution.

☆ Federal government investigating possible human trafficking of children who cleaned slaughterhouses
▼ + stars: | 2023-01-19 | by ( Laura Strickler | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Julia-Ainsley-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +12 min

There is no indication DHS is investigating the company that hired the children, Packers Sanitation Services Inc., or PSSI, for human trafficking. The Labor Department’s Child Labor Regulations designate many roles in slaughterhouse and meatpacking facilities as hazardous for minors. The Labor Department says its investigation, which began in August, is ongoing as it scours company records from 50 locations. I don’t anticipate unless there are severe ramifications for this that it will actually change policies.”The Labor Department has issued no penalties or fines to date. Labor DepartmentQuestions about child labor at PSSI in Grand Island and Worthington are not new.

☆ CIOs Nominate Their Favorite Reads of 2022
▼ + stars: | 2022-12-28 | by ( Tom Loftus | ) www.wsj.com time to read: +9 min

Chief information officers, ever alert to any development in a field that only hurtles forward, largely reflected that alacrity in their choice of reading during 2022. PREVIEWChris Bedi, chief digital information officer, ServiceNow Inc. Photo: IBM Corp.Ron Guerrier, chief information officer, HP Inc. Photo: Cisco Systems Inc.Fletcher Previn, chief information officer, Cisco Systems Inc. Photo: Home Depot Inc.Fahim Siddiqui, chief information officer, Home Depot Inc.

☆ This Goldman portfolio is beating the market again this year. Here’s what’s in it
▼ + stars: | 2022-12-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Goldman Sachs has a basket of stocks with a long track record of beating the market and so far, this year is no exception. While the S & P 500 is on track to finish the year down almost 20%, Goldman's High Sharpe Ratio basket outperformed that. Implied volatility of the median stock in the basket is only slightly higher than that of the median S & P stock (36% vs. 31%). "Our High Sharpe Ratio basket is constructed based on the relative ranking of stocks within each sector." Goldman also added Southwest Airlines and energy stock EQT Corp , both of which have a Sharpe ratio above 1.0.

As the storm took shape over the Great Lakes on Thursday, a weather phenomenon known as a bomb cyclone was likely to develop from a "rapidly deepening low-pressure" system, the National Weather Service (NWS) said. The cyclone could spawn snowfalls of a half inch (1.25 cm) per hour and howling winds from the Upper Midwest to the interior Northeast, producing near-zero visibility, the weather service said. "It's dangerous and threatening," President Joe Biden said at the White House, urging Americans with travel plans to not delay and to set off on Thursday. Hundreds of Texans died in February 2021 after the state's power grid failed amid wintry storms, leaving millions without electricity. Greg Carbin, chief of forecast operations at the NWS Weather Prediction Center in Maryland, said freezing or below-freezing cold would bisect central Florida, with temperatures about 25 degrees below normal.

☆ Deep freeze grips U.S. as winter 'bomb cyclone' looms ahead of holiday weekend
▼ + stars: | 2022-12-23 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

Numbing cold intensified by high winds was expected to extend as far south as the U.S.-Mexico border. The NWS map of existing or impending wintry hazards, stretching from border to border and coast to coast, "depicts one of the greatest extents of winter weather warnings and advisories ever," the agency said. The bomb cyclone could unleash snowfalls of a half inch (1.25 cm) per hour driven by gale-force winds, cutting visibility to near zero, the weather service said. Power outages were expected from high winds, heavy snow and ice, as well as the strain of higher-than-usual energy demands. The weather service said relief from the deep freeze was in sight for the northern Rockies and High Plains, where the arctic blast first materialized on Thursday.

☆ Stocks making the biggest moves premarket: CarMax, Micron, Under Armour and others
▼ + stars: | 2022-12-22 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:CarMax (KMX) – The auto retailer's stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estimates. Micron Technology (MU) – Micron shares fell 2.9% in premarket trading after the chip maker reported a wider-than-expected quarterly loss and revenue that fell short of Wall Street forecasts. Tyson fell 1% in premarket action. Global Business Travel Group (GBTG) – The American Express spin-off was rated outperform in new coverage at Evercore ISI, which expects the business travel platform to benefit from its leading position in the industry and from a rebound in business travel recovery. Global Business Travel Group rose 1.6% in premarket trading.

☆ Stocks making the biggest moves midday: AMC Entertainment, Tesla, Micron, Under Armour and more
▼ + stars: | 2022-12-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tesla — Shares fell more than 9% during Thursday trading. Analysts expected earnings of 70 cents a share on $7.29 billion in revenue. Under Armour — Shares fell more than 4% Thursday. TuSimple — Shares dropped more than 12% after TuSimple said it would cut 25% of its workforce, which would affect about 350 employees at the self-driving truck startup. Airline stocks — A slew of airline stocks fell Thursday amid news of hundreds of flight cancellations as a massive winter storm hit the U.S. American and United slumped 5.5% and 4%, respectively.

☆ Hundreds of Tyson Foods Employees Expected to Depart as Company Closes Offices
▼ + stars: | 2022-12-21 | by ( Patrick Thomas | ) www.wsj.com time to read: 1 min

Tyson Foods announced that it would be closing its Chicago office, among others, as part of an effort to consolidate its corporate staff in Arkansas. Hundreds of Tyson Foods Inc. employees from two of its largest business units plan to leave the company as it consolidates its corporate offices to northwest Arkansas next year, according to people familiar with the matter. The largest U.S. meat supplier by sales said in October that it planned to close its offices in Chicago, Downers Grove, Ill., and Dakota Dunes, S.D., which currently house many of Tyson ‘s corporate employees in its prepared foods, beef and pork divisions. About 1,000 employees total work in those locations, the company has said.

☆ Hundreds of Tyson Foods employees to depart as company closes offices - WSJ
▼ + stars: | 2022-12-21 | by ( ) www.reuters.com time to read: 1 min

Dec 21 (Reuters) - Hundreds of Tyson Foods Inc (TSN.N) employees from two of its largest business units plan to leave as the company consolidates its corporate offices to northwest Arkansas next year, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Tyson Foods did not immediately respond to Reuters request for comment. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ Tyson Foods stock slips to lowest levels since November 2020 in three-day losing streak
▼ + stars: | 2022-12-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois. Tyson Foods hit a 52-week low on Friday in a third-straight down day, a sign that investors are losing confidence in the company amid growing margin pressure and operational issues this year. The food processor's stock declined more than 4% this week to trade around $61 per share, its lowest levels since November 2020 and well under its 52-week high of $100.72, notched in February. Deflating prices of beef and chicken in recent months coupled with rising feeding costs have put broader pressure on the livestock industry. The firm maintains a "hold" rating on the stock with a price target of $68 per share.

☆ Jim Cramer gives his take on Tyson Foods
▼ + stars: | 2022-12-09 | 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 EmailJim Cramer gives his take on Tyson FoodsCramer offered his thoughts on Tyson Foods and its stock.

☆ Jim Cramer explains why he believes Tyson Foods is a 'battleground' stock
▼ + stars: | 2022-12-09 | 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 EmailJim Cramer explains why he believes Tyson Foods is a 'battleground' stockCramer gave his take on why investors should be wary of adding the food stock to their portfolios.

☆ Tyson CFO Pleads Not Guilty to Public Intoxication, Trespassing Charges
▼ + stars: | 2022-12-01 | by ( Patrick Thomas | ) www.wsj.com time to read: 1 min

Local police say John R. Tyson was found asleep in the wrong Fayetteville, Ark. house last month. Tyson Foods Inc. Chief Financial Officer John R. Tyson , great-grandson of the meat giant’s founder, pleaded not guilty on Thursday to charges of criminal trespass and public intoxication. Mr. Tyson will have a trial on the charges Feb. 15, according to Fayetteville District Court. A Tyson spokesman declined to comment.

☆ Stocks making the biggest moves midday: Apple, DraftKings, Biogen, Williams-Sonoma and more
▼ + stars: | 2022-11-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Apple — Apple shares fell 2% following a report that iPhone production could take a big hit due to unrest at a Foxconn factory in China, amid protests in China against the nation's zero-Covid policy. Wynn Resorts, Melco Resorts — Shares of casino operators Wynn Resorts and Melco Resorts gained 4.1% and 9.5% respectively, after the Chinese government granted them provisional licenses to continue operating in Macau. DraftKings — Shares dropped more than 5% after JPMorgan downgraded DraftKings to underweight from neutral, saying in a note that the company's competitors are more likely to achieve online sports betting profitability. Biogen — Biogen's stock fell nearly 4% after a Science.org report that a woman participating in an experimental Alzheimer's treatment trial, sponsored by Biogen and a Japanese pharma company, recently died from a brain hemorrhage. Williams-Sonoma — Shares tumbled 4.7% after Morgan Stanley downgraded the home furnishings stock to underweight, saying shares could fall further as demand weakens in a difficult macro environment.

☆ Here are Monday's biggest analyst calls: Amazon, Apple, DraftKings, Tesla, Live Nation & more
▼ + stars: | 2022-11-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: JPMorgan reiterates Apple as overweight JPMorgan said its survey checks show Apple's iPhone Pro lead times are moderating. JPMorgan names Amazon a top idea heading into 2023 JPMorgan said Amazon is the "most diversified mega-cap across revs & profit & has numerous large growth opportunities." Morgan Stanley downgrades Aptiv to equal weight from overweight Morgan Stanley said in its downgrade of the auto tech supplier that it thinks Aptiv will be affected by a slower rollout of electric vehicles. Morgan Stanley downgrades Williams-Sonoma to underweight from equal weight Morgan Stanley said in its downgrade of Williams-Sonoma that "negative revisions are set to begin." JPMorgan downgrades First Solar to neutral from overweight JPMorgan downgraded the solar stock mainly on valuation.

☆ Fayetteville Police body-cam footage shows arrest of Tyson Foods' CFO John Tyson
▼ + stars: | 2022-11-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFayetteville Police body-cam footage shows arrest of Tyson Foods' CFO John TysonBody-cam footage released by the Fayetteville Police Department in Arkansas shows the arrest of Tyson Foods CFO John Tyson, who fell asleep in a stranger's bed after getting intoxicated.

☆ Tyson Foods ends COVID-19 vaccine mandate for employees
▼ + stars: | 2022-11-16 | by ( Tom Polansek | ) www.reuters.com time to read: +2 min

The requirement "generally improved our ability to operate our business effectively in fiscal 2022," the report said. America's largest meatpacking union, the United Food and Commercial Workers International Union, said it negotiated an agreement with Arkansas-based Tyson to end the mandate. He added that Tyson kept other safety protocols like requiring workers to self-screen for COVID-19 symptoms. Some Tyson workers remain worried about catching COVID-19 in chicken plants, said Magaly Licolli, director of Venceremos, an organization that advocates for poultry workers in Arkansas. "There is still the pandemic," said Licolli, who has criticized Tyson for not protecting plant employees.

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