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LIMA, Feb 16 (Reuters) - Peru's top copper mines are starting to see activity hit harder by protests and blockades in the country's southern Andes, power data reviewed by Reuters shows, with Chinese-owned Las Bambas and Glencore PLC's Antapaccay currently worst affected. Those are MMG's (1208.HK) Las Bambas, Peru's third largest copper mine, and Glencore's (GLEN.L) Antapaccay, which have both been hit by blockades on a key mining corridor highway. The data backs this up, suggesting that mines are at times getting some supplies through the blockades, with Las Bambas in recent days see-sawing between full and half power use. Reuters GraphicsRepresentatives from Las Bambas, Antapaccay and Constancia were not immediately available to comment on whether they were receiving inputs for their operations or sending their concentrates in the two-day window with the blockades eased. "Anecdotal reports and high frequency data suggest that ongoing civil unrest in Peru is beginning to choke off activity at key copper mines.

☆ Buy these 20 cost-cutting stocks that are set up to post strong growth and outperform, according to Wall Street firm Evercore
▼ + stars: | 2023-02-15 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

Investors have sometimes rewarded companies that are cutting jobs or spending recently. Evercore says these 20 stocks have lagged, but should be able to turn their performance around. In the past, companies that announced those job cuts have sometimes been rewarded. Companies that announce job or spending cuts are getting ahead of that, which can be positive for their share prices. The following 20 companies have all announced job cuts since late September and have all underperformed the market since then.

The analysis of power usage data by Reuters at some of the key mines in Peru, the world's no. The South American nation has been gripped by anti-government protests since the Dec. 7 ouster of leftist President Pedro Castillo. The power data from COES, which represents firms in Peru's energy sector, shows that nearly all major mines are drawing normal or near-normal levels of electricity. A combined index of six key mines is near normal. The other firms did not immediately respond to requests for comment about activity at their mines in Peru.

☆ Buy these 26 cash-rich, high-momentum stocks instead of piling back into more speculative meme stocks, according to Wall Street firm Evercore
▼ + stars: | 2023-02-08 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Somehow meme stocks have returned. That was definitely the case last month and in early February, when investors snapped up tech and growth stocks after dumping them throughout 2022. So, of course, meme stocks are back too. But the latest rally in growth, tech, and meme stocks isn't just about buying beaten-up equities for cheap. And just like last time, the investment cases in the loosely-defined meme stock field range from "very speculative" to "lolwut."

☆ Expect more revenue growth in Meta, says Evercore's Mark Mahaney
▼ + stars: | 2023-02-02 | 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 EmailExpect more revenue growth in Meta, says Evercore's Mark MahaneyMark Mahaney, head of internet research at Evercore ISI, joins 'Closing Bell' to discuss Meta's earnings and shares jump.

A bad credit score with FICO is below 670, while a bad VantageScore credit score is below 661. FICO breaks its risk categories into the following:Poor: Below 580Below 580 Fair: 580-669580-669 Good: 670-739670-739 Very good: 740-799740-799 Excellent: 800 and aboveUnder FICO, any credit score below 670 is considered a bad credit score or a subprime credit score. What's the Difference Between Having a Bad Credit Score and No Credit Score? That's why having no credit score is, in many ways, better than having a bad credit score because you're starting from a clean slate. Bad Credit Score Frequently Asked Questions (FAQ)What goes into credit score calculations?

[1/5] Demonstrators take part in a protest to demand Peru's President Dina Boluarte to step down, in Lima, Peru, January 31, 2023. The protests began after Congress removed President Pedro Castillo on Dec. 7. His ouster fired up anger against the elite, especially in poor rural Andean regions in Peru's south, which had propelled Castillo, a leftist former teacher and political novice, to the presidency in 2021. Castillo's vice president, Dina Boluarte, took over as Peru's sixth president in five years following his ouster. Establishing a timeline for new elections could calm the protests, but even that may not solve Peru's political woes in the longer run.

☆ The DOJ lawsuit will be a lag on Google stock for years, says Evercore's Mark Mahaney
▼ + stars: | 2023-01-24 | 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 EmailThe DOJ lawsuit will be a lag on Google stock for years, says Evercore's Mark MahaneyMark Mahaney, Evercore ISI head of internet research, joins 'Closing Bell' to discuss the DOJ's lawsuit against Google.

☆ Peru's Machu Picchu, Inca trail ordered closed as protests flare
▼ + stars: | 2023-01-21 | by ( ) www.cnbc.com time to read: +2 min

Peruvian authorities ordered the closure of the Incan citadel of Machu Picchu and the Inca trail which leads to the world-renowned archeological site as of Saturday amid anti-government demonstrations that have spread nationwide and left a mounting death toll. Some 46 people have been killed in the weeks-long clashes and another nine in traffic accidents related to the barricades set up amid the protests. In the Cusco region, the gateway to Machu Picchu, Glencore's major Antapaccay copper mine suspended operations on Friday after protesters attacked the premises — one of the largest in the country — for the third time this month. Airports in Arequipa, Cusco and the southern city of Juliaca were also attacked by demonstrators, delivering a fresh blow to Peru's tourism industry. Cultural authorities in Cusco said in a statement that "in view of the current social situation in which our region and the country are immersed, the closure of the Inca trail network and Machu Picchu has been ordered, as of January 21 and until further notice".

☆ Peru's Machu Picchu, Inca trail ordered closed as protests flair
▼ + stars: | 2023-01-21 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Alessandro Cinque/File PhotoJan 21 (Reuters) - Peruvian authorities ordered the closure of the Incan citadel of Machu Picchu and the Inca trail which leads to the world-renowned archeological site as of Saturday amid anti-government demonstrations that have spread nationwide and left a mounting death toll. Some 46 people have been killed in the weeks-long clashes and another nine in traffic accidents related to the barricades set up amid the protests. In the Cusco region, the gateway to Machu Picchu, Glencore's (GLEN.L) major Antapaccay copper mine suspended operations on Friday after protesters attacked the premises - one of the largest in the country - for the third time this month. Airports in Arequipa, Cusco and the southern city of Juliaca were also attacked by demonstrators, delivering a fresh blow to Peru's tourism industry. Reporting by Fabian Cambero; Writing by Anthony Esposito Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

[1/8] Anti-government protesters clash with the police, as they demand the release of protesters detained in the protests, after President Pedro Castillo was ousted, in Lima, Peru January 21, 2023. REUTERS/Sebastian CastanedaLIMA, Jan 21 (Reuters) - Peruvian police arrested over 200 people accused of illegally entering the campus of a major Lima university, while authorities in Cusco shut the Incan citadel of Machu Picchu and the Inca trail as deadly anti-government protests spread nationwide. Some 46 people have been killed in the weeks-long clashes and another nine in traffic accidents related to the barricades set up amid the protests. In videos circulating online, an armored vehicle can be seen breaking down a door on the university campus to allow entry for security forces. Protests have rocked Peru since former President Pedro Castillo was ousted in December after he attempted to dissolve the legislature to prevent an impeachment vote.

☆ Glencore's major Peru copper mine attacked again as fire breaks out
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

Video footage published by the company on its Facebook page shows people putting flammable material near one of the mine's fences. The attack comes as growing political and social unrest grips Peru, following weeks of angry and sometimes violent anti-government protests triggered by the ouster of the country's president last month. Peru, the world's second-largest copper producer, has seen growing disruptions to its key extractive industry due in large part to road blockades impeding transportation. Glencore's mine, of the country's largest, was operating at a "restricted" capacity earlier this week due to protests. Reporting by Marco Aquino; Editing by Isabel Woodford and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

☆ Apple's disruption is a production issue rather than a demand issue, says Evercore's Amit Daryanani
▼ + stars: | 2023-01-17 | 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 EmailApple's disruption is a production issue rather than a demand issue, says Evercore's Amit DaryananiEvercore's Amit Daryanani joins 'Closing Bell' to discuss the impact of Apple's production shortages on demand, new products driving growth for Apple and the reasons behind Evercore adding apple to its tactical outperform list.

☆ We want to look for companies that are somewhat recession resistant, says Evercore's Mahaney
▼ + stars: | 2023-01-12 | 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 EmailWe want to look for companies that are somewhat recession resistant, says Evercore's MahaneyEvercore ISI's Mark Mahaney and CNBC's Ari Levy join 'The Exchange' to discuss tech earnings after mega-cap tech struggled in the last year. Will things be better in 2023?

☆ Watch CNBC's full tech discussion with Evercore's Mark Mahaney
▼ + stars: | 2023-01-12 | 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 EmailWatch CNBC's full tech discussion with Evercore's Mark MahaneyEvercore ISI's Mark Mahaney and CNBC's Ari Levy join 'The Exchange' to discuss tech earnings after mega-cap tech struggled in the last year. Will things be better in 2023?

☆ Evercore ISI's top picks for 2023 include a tech comeback story and a car racing play
▼ + stars: | 2023-01-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Finding opportunities amid the market volatility is "mission critical," and there are several to be had this year, according to Evercore ISI. The Wall Street firm is predicting an economic and earnings recession, catalyzing a "cathartic" volatility spike in 2023. "Alpha opportunities are surfacing in 2022's wreckage from inflation's breakout resulting in record tightening, catalyzing a stock/bond correlated decline. With that in mind, Evercore came up with its top stock picks for 2023. The streaming company should enjoy a comeback this year, after losing 51% in 2022, according to analyst Mark Mahaney.

☆ Glencore copper mine in Peru struck by vandals, cars torched
▼ + stars: | 2023-01-12 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

LIMA, Jan 12 (Reuters) - Vandals attacked Glencore's (GLEN.L) Antapaccay copper mine in Peru on Thursday, the country's top mining official said, amid a deepening political crisis marked by violent protests that have broken out near major mines in the southern Andes. Peru is the world's second-biggest copper producer, and is currently in the throes of the worst civil unrest in years. A major tin mine located in the southern Puno region, where some of the fiercest anti-government protests have played out, also announced it temporarily halted its mining operations. The Antapaccay mine is one of the largest in Peru, and has tussled with the local community in the past. Later on Thursday, miner Minsur said it was temporarily suspending operations at its San Rafael mine, one of the largest tin mines in the world.

☆ Netflix's new ad tier plan appears to be working
▼ + stars: | 2023-01-09 | by ( Lucia Moses | Ryan Joe | ) www.businessinsider.com time to read: +5 min

Netflix's new ad-supported tier accounted for 13% of subscribers in its first month, new Evercore research found. Evercore believes the ad tier is driving incremental subscriber growth for Netflix. The firm upgraded its rating on Netflix in September based on its ad-supported tier and plan to crack down on password-sharing, which are expected to drive earnings and share price. Netflix's ad tier entered a crowded field of streaming services, including ad-supported versions, from Disney's Hulu to Comcast's Peacock to Warner Bros. Netflix's ad tier was followed close behind Disney+ with Ads launching in December, and Warner plans to launch a combined Discovery+-HBO Max app in spring with an ad-supported tier.

☆ Evercore's Mark Mahaney reveals 2023 outlook for tech — and names his top stocks
▼ + stars: | 2023-01-06 | 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 EmailEvercore's Mark Mahaney reveals 2023 outlook for tech — and names his top stocksMark Mahaney, head of internet research at Evercore ISI, told CNBC "Squawk Box Asia" on Thursday that he is "tactically constructive" on tech looking ahead.

☆ Netflix's ad tier drove 13% of subscriptions in its first month, new survey shows
▼ + stars: | 2023-01-06 | by ( Lucia Moses | Ryan Joe | ) www.businessinsider.com time to read: +5 min

Netflix's new ad-supported tier accounted for 13% of subscribers in its first month, new Evercore research found. Evercore believes the ad tier is driving incremental subscriber growth for Netflix. Netflix's new ad-supported tier accounted for 13% of the streamer's subscribers in its first month, with about half being new or returning users to the streamer, according to new research from Evercore ISI. Netflix's ad tier entered a crowded field of streaming services, including ad-supported versions, from Disney's Hulu to Comcast's Peacock to Warner Bros. Netflix's ad tier was followed close behind Disney+ with Ads launching in December, and Warner plans to launch a combined Discovery+-HBO Max app in spring with an ad-supported tier.

We're buying 10 shares of Humana (HUM) at roughly $492 apiece. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 110 shares of HUM, increasing its weighting in the portfolio to 1.96% from 1.78%. 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. Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Tuesday, Jan. 3, 2023.

☆ Online travel and enterprise spending will weaken next year or at least decelerate, says Evercore's Mahaney
▼ + stars: | 2022-12-22 | 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 EmailOnline travel and enterprise spending will weaken next year or at least decelerate, says Evercore's MahaneyMark Mahaney, Evercore ISI, joins 'TechCheck' to discuss his overall view of tech activity in 2023, how much Alphabet and Amazon's stock has already discounted the bad news to come and the signs that tell if a company is positioned to do better than its peers.

☆ Watch CNBC's full interview with Evercore's Mark Mahaney
▼ + stars: | 2022-12-22 | 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 EmailWatch CNBC's full interview with Evercore's Mark MahaneyMark Mahaney, Evercore ISI, joins 'TechCheck' to discuss his overall view of tech activity in 2023, how much Alphabet and Amazon's stock has already discounted the bad news to come and the signs to tell if a company is better positioned than its peers.

☆ Bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy — but plans to keep mining
▼ + stars: | 2022-12-20 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company's finances. The move follows a year of plunging cryptocurrency prices and rising energy prices. Core Scientific mines for proof-of-work cryptocurrencies like bitcoin. The process requires expensive equipment, some technical know-how, and a lot of electricity. The company will not liquidate, but will continue to operate normally while reaching a deal with senior security noteholders, which hold the bulk of the company's debt, according to this person, who declined to be named discussing confidential company matters.

☆ 'One of my top picks for next year': Why Evercore's Mark Mahaney still loves Netflix
▼ + stars: | 2022-12-20 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Netflix is a "top pick" for next year, according to Evercore ISI, despite the streaming giant reportedly missing ad revenue targets. Netflix shares closed lower by over 8% on Thursday following a Digiday report that the company offered to return money to advertisers for missing viewership targets. Mark Mahaney, head of internet research at Evercore ISI, brushed aside the concerns, however, saying the long-term outlook for the company remained positive. Evercore ISI expects shares of Netflix to rise by more than 17% to $340 a share over the next 12 months. I think that benefits the incumbent, which is Netflix," Mahaney added.

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