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A Haley victory would usher in a more competitive phase of a primary that Trump has so far dominated. President Joe Biden is not on the ballot, having made South Carolina the first formal stop on the Democratic primary calendar. But New Hampshire is sticking to tradition and hosting its own Democratic primary anyway. We're about to find out whether Republican primary voters agree. Furious about Biden's decision, the “Live Free or Die” state ignored the president's wishes and will host its own unsanctioned Democratic primary anyway.
Persons: — Donald Trump's, MAGA, Nikki Haley, Ron DeSantis, Haley, Trump, Joe Biden, She's, Chris Sununu, Carolina Sen, Tim Scott, Trump's, Elise Stefanik, Ohio Sen, J.D, Vance, Henry McMaster, Bill Clinton, that's Trump, State David M, Scanlan, he's, DeSantis, It's, Biden, We're, Sununu, , Haley —, Dean Phillips, Maryanne Williamson, Eager Organizations: CONCORD, Republican, Trump, Florida Gov, GOP, Democratic, TRUMP BE, New Hampshire Gov, New York, South Carolina Gov, New, New Hampshire Republicans, Republicans, . Iowa, State, White, U.S . Capitol, , New Hampshire voters, New Hampshire Democrats, Democratic National Committee Locations: N.H, New Hampshire, Iowa, Florida, Hampshire, South Carolina, Carolina, Ohio, , New Hampshire, .
The DeSantis and Haley camps each believed they would benefit if the other left the field and created an unambiguous one-on-one race with Trump. In fact, both the Trump and DeSantis campaigns believe that more of the Florida governor’s supporters will likely pick Trump. Any gain or loss for Haley among voters from DeSantis’ decision seems likely to affect the race only marginally, many GOP observers believe. Even at that point in the 2016 race, Trump had won only a cumulative 40% of the votes cast in the GOP primaries. His theory that he could peel away a meaningful number of previous Trump voters simply proved wrong.
Persons: New Hampshire CNN —, Ron DeSantis, Nikki Haley, Donald Trump, DeSantis, Haley, Trump, Joe Biden, Haley doesn’t, Biden, winnowing, Whit Ayres, ” Ayres, Texas Sen, Ted Cruz, George Conway, “ Trump, David Kochel, , he’s, , Trump’s, , Alex Stroman, Trump’s MAGA, MAGA, CNN DeSantis, “ DeSantis, Scott Reed, Bob Dole’s, John Connally, suburbanites, Vivek Ramaswamy, Donald Trump’s, ” Stroman, Jean Carroll, Mike Murphy, – Haley, Sen, Marco Rubio, she’s, Mike Dennehy, John McCain’s, Bill Kristol, Kristol, ” Kristol, Matt Gaetz, Ginger Heald, Ayres, Grover Cleveland, Republican Benjamin Harrison, Reed, Dole, Mike Pence, Pence, ” Reed, “ He’s Organizations: New Hampshire CNN, Florida Gov, GOP, South Carolina Gov, Republican, Trump, CNN, New Hampshire, Democratic, South, University of New Hampshire, Republicans, Texas, nonurban Whites, The, South Carolina Republican Party, Edison Research, Trump Trump, Biden, New Hampshire GOP, Florida Republican, Merrimack Republican, Committee, DeSantis Locations: Manchester, New Hampshire, Florida, South Carolina, New, Iowa, DeSantis, As, Hampshire, New York, Trump, The Florida, Trump’s, Texas, Charleston, Polk County, Trump’s Manchester , New Hampshire, Ukraine, Israel,
Here are four areas that are "clear beneficiaries from the coming integration of AI into everyday business and personal lives," according to Citi. AI infrastructure Key suppliers along the global semiconductor value chain are set to be big beneficiaries in 2024, Citi said. That will include chipmakers, semiconductor equipment and data centers. The continuing manufacturing and e-commerce boom will lead to the need for more automation and robotics, according to Citi. Cybersecurity Citi warned of a sinister side to the proliferation of AI: hackers using AI chatbots to write the code to carry out cyberattacks.
Persons: Kristen, there's, Cybersecurity Organizations: Nvidia, Citi, Citi Global Wealth, Semiconductor, FDA, Citi Research, Robotics, Cybersecurity Citi Locations: Singapore
Where does DeSantis go from here?
  + stars: | 2024-01-16 | by ( Madison Hall | ) www.businessinsider.com   time to read: +3 min
Ron DeSantis of Florida, a GOP presidential candidate, came in second place in the Iowa caucuses. After Monday's poor showing and with his momentum slowing, DeSantis may need to rethink his campaign. Ron DeSantis of Florida finished in a distant second place, leaving his path to the nomination unclear. By night's end on Monday, DeSantis tallied just 21% of the vote in Iowa, which amounted to eight of the state's 40 delegates. Haley essentially tied DeSantis despite a strategy far more suited to New Hampshire and South Carolina.
Persons: Ron DeSantis, Nikki Haley, , Donald Trump, DeSantis, Trump, Haley, Trump's, who's, Chris Christie, it's, what's Organizations: GOP, Trump, Gov, Service, Former, South Carolina, UN, Emerson College, South Carolina — Locations: Florida, Iowa, South Carolina, New Hampshire, DeSantis, New Jersey, who's
After an anemic showing in the Iowa caucuses, long-shot GOP presidential candidate Asa Hutchinson abandoned his bid for the presidential nomination Tuesday, saying he was “driving back to Arkansas” and suspending his campaign. And he angered GOP primary voters with his criticism of Trump. "Asa Hutchinson would have been a relevant and potentially competitive presidential candidate in the pre-MAGA era. In mid-November, Hutchinson crowed about making the Michigan GOP primary ballot, suggesting he was in it for the long haul. Hutchinson was one of the most outspoken GOP critics of Trump.
Persons: Asa Hutchinson, ” Hutchinson, Donald Trump, Ron DeSantis, Nikki Haley, DeSantis, Haley, Hutchinson, , Bill Clinton, Trump, MAGA, David Cohen, Hutchinson's, Cohen, Ryan Binkley, Mike Pence, Rob Burgess, Chris Christie, who’s, , Organizations: Hawkeye State, Republican, Trump , Florida Gov, South Carolina Gov, Florida, Trump, Department of Homeland Security, Drug, Republican Party, GOP, University of Akron, Des, Register, NBC, Suffolk University, Boston Globe, USA, Michigan GOP, New, New Jersey Gov, Florida Republican, Summit Locations: Iowa, Arkansas, Hawkeye, Trump , Florida, New Hampshire, Congress, U.S, Michigan, Miami, New Jersey, Kissimmee
Iowa Republicans were a clear reflection of that on Monday night, delivering the former president an emphatic victory. As clear-cut as his win was, though, Iowa has not historically played the role of kingmaker in the Republican nominating process. He chose to appear at court hearings as a defendant in his legal cases in New York and Washington rather than speak to Iowa voters in the final days before the voting. With its more moderate, educated electorate, New Hampshire presents Trump’s rivals with possibly their best opportunity to slow his march. Trump's strength among Republican voters is beyond dispute, but the road is long and could be bumpy.
Persons: — Donald, Joe Biden, kingmaker, Trump, He’s, didn’t, Biden, Nikki Haley, Bush, John McCain, Walter Mondale, Gary Hart, Haley, , Iowans, caucusgoers, Ron DeSantis, DeSantis, RAMASWAMY, Vivek Ramaswamy’s quixotic, Ramaswamy, Eminem, Chris Christie Organizations: WASHINGTON, Republican Party, White House, Iowa Republicans, AP VoteCast, Former South Carolina Gov, Colorado, Democratic, U.S, Supreme, Trump, Republican, Florida Gov, MAGA, White, Trump Trump, Republican White House Locations: Iowa, New York, Washington, New Hampshire, Hampshire, South Carolina, U.S, Florida, New Jersey, America
Ah, the Iowa caucuses. So much money and energy spent on an antidemocratic process in a state with a pretty dismal track record of picking presidential nominees. Because Iowa is never really about who wins the actual caucuses so much as about who wins the Expectations Game. As you can imagine, this is not a lighthearted game like, say, charades or Hungry Hungry Hippos. And this election, with Donald Trump dominating the race as a quasi-incumbent cult-of-personality leader, the known unknowns are even knottier.
Persons: Arizona can’t, Donald Trump Organizations: Republican Locations: Iowa, New Hampshire, Arizona
How This Climate Activist Justifies Political Violence
  + stars: | 2024-01-14 | by ( David Marchese | ) www.nytimes.com   time to read: +12 min
Photo illustration by Bráulio Amado Talk How This Climate Activist Justifies Political ViolenceWith the 2021 publication of his unsettling book, “How to Blow Up a Pipeline,” Andreas Malm established himself as a leading thinker of climate radicalism. I have engaged in as much militant climate activism as I have had access to in my activist communities and contexts. Like I said, I’ve participated in things that I can’t tell you about because they’ve been illegal and they’ve been militant. I can’t tell you what things I have done, but the things that I do and that any other climate activist should be doing cannot be an individual project. This goes for political violence too, unless you’re a pacifist and you reject every form of political violence — that’s a reasonably coherent philosophical position.
Persons: Bráulio Amado, ” Andreas Malm, Malm’s, Wim Carton, Malm, , don’t, Andreas Malm’s, you’ve, Let’s, I’ve, they’ve, dint, Putin, Ugo Amez, “ We’re, , Biden, radicalize, I’m, Jeremy Chan Organizations: New Yorker, The, The New, ExxonMobil, Aramco, Associated Press, White, optimist Locations: Swedish, New, The New Republic, Malmo, Ukraine, France, United States
The most exciting new trains coming in 2024
  + stars: | 2024-01-04 | by ( Ben Jones | ) edition.cnn.com   time to read: +13 min
CNN —Around the world, travelers are flocking back to trains, and demand is increasing across the board for high-speed trains, luxury “land cruises” and long-distance day and night trains. Here are some of the best new trains you’ll be able to take in 2024. Laurie Dieffembacq/Belga/AFP/Getty ImagesLinks between two of Europe’s most visited capitals have traditionally been pretty poor, with no direct trains since the 1990s. Ian Clarke/Alamy Stock PhotoFour continents, 13 countries, and seven luxury trains across 80 days – the ultimate experience for rail travel connoisseurs is due to depart in late 2024. BelmondOne of the world’s greatest luxury train journeys is returning to the rails in 2024 after a four-year gap.
Persons: Laurie Dieffembacq, Dimorestudio, Vita ”, Riva Aquarama, itineraries, Jeroen Berends, Gabriel Bouys, it’s, Jesus Hellin, That’s, Trenitalia, Luigi Ferraris, France –, Railbookers, Ian Clarke, we’ve, , Frank Marini, Alex Halada, There’s Organizations: CNN, Orient, Getty, ÖBB, Austrian Federal Railways, SNCF, Eurostar, National, Europa Press, French, Renfe, FS, Rocky Mountaineer, Royal, Orient Express, Oriental, , Oriental Express, Austrian Railways, Swiss Locations: Swiss, Venice, Paris, Berlin, AFP, Strasbourg, Frankfurt, Italy, Rome, Matera, Palermo, Sicily, Messina, Europe’s, Istanbul, Split, Brussels, Prague, Europe, Dutch, Dresden, Belgian, Roman, Naples, Madrid, Spain, France, Spanish, Barcelona, Lyon, Marseille, Canada, Central Europe, India, South Africa, Eastern, Vancouver, Malaysia, Singapore, Malaysia’s, Kuala Lumpur, Langkawi, Penang, Bangkok, Vienna, Innsbruck, Hamburg, Switzerland, Germany, Zürich, Gornergrat Bahn, Zermatt, Gornergrat, Riffelalp
A pedestrian carrying an umbrella walks along the River Thames in view of City of London skyline in London, Britain, July 31, 2023. Finance executives, consultants and headhunters interviewed by Reuters predict subdued deal flows, modest bonuses for most and heavy job cuts in 2024. "2023 will ultimately be one of the lowest corporate finance fee pools in modern history," said Fabrizio Campelli, head of Corporate Bank and Investment Bank at Deutsche Bank. JOB CUTSBanks have already turned to cost cuts to try to weather the downturn, which in a people-intensive business means job losses. And although some bankers expect a tough 2024, others sense an opportunity for European banks from the Basel Endgame.
Persons: Hollie Adams, Fabrizio Campelli, Banks, Ronan O'Kelly, Oliver Wyman, O'Kelly, Dominic Hook, Goldman Sachs, Vis Raghavan, JP Morgan, Morgan McKinley's, Stephane Rambosson, headhunter, Rambosson, Ana Botin, Morgan's Raghavan, there's, Oliver Wyman's O'Kelly, Deutsche's Campelli, Anousha Sakoui, Carolyn Cohn, Jesus Aguado, Alexander Smith Organizations: REUTERS, LONDON, Finance, Reuters, Corporate Bank, Investment Bank, Deutsche Bank, Organisation for Economic Cooperation, Development, Barclays, Lloyds, Challenger Metro Bank, UBS UBSG.S, Citi, Workers, Global Investment Banking, Employment, European Union, Santander, Global, Basel, Thomson Locations: City, London, Britain, Europe, Middle East, Africa, Ukraine, West, China, United States, India, Madrid
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo Acquire Licensing RightsDec 1 (Reuters) - Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas prices, in spite of the commodity's dismal performance in 2023. The U.S. Natural Gas Fund's (UNG) (UNG.P) price, tied to the performance of futures contracts on the commodity, has plunged 60.7% so far this year, falling 27% in November alone. Analysts said the drop in the ETF's price came alongside a fall in the price of natural gas sparked by milder than usual weather across the United States in recent weeks. Natural gas prices fell about 22% in November, the single largest monthly percentage drop since a 40% decline in January.
Persons: Arathy, Stacey Morris, Morris, UNG, Suzanne McGee, Ira Iosebashvili, Emelia Organizations: Reuters, Natural, Analysts, New York Mercantile Exchange, U.S . Energy Information Administration, Thomson Locations: Freeport, U.S, Freeport , Texas, United States
There's good news for fixed-income investors heading into next year, according to Goldman Sachs Asset Management. After a dismal 2023, next year will be "the year of the bond," predicted Lindsay Rosner, head of multisector fixed income investing at the money manager. "Fixed income is a great place to be," she said in an interview with CNBC. The investment firm recently released its outlook for 2024 and called the recent run of negative fixed income returns in response to "an inflation and policy shock" an anomaly and not the trend. "Given [that] duration can be your friend again, things are lining up to put you in a really good position in fixed income."
Persons: Lindsay Rosner, TINA, TARA, Goldman, Rosner, Michael Bloom Organizations: Goldman Sachs Asset Management, CNBC, Federal Reserve, Treasury
CUBATÃO, Brazil—Once upon a time, in a land far away, there lived a shoeshine boy who planned to become king. No one believed him. After all, he lived in Brazil, a presidential republic, and more specifically in Cubatão, a dismal industrial town that was so polluted it was nicknamed the “Valley of Death.”
Persons: Locations: CUBATÃO, Brazil, Cubatão
A $16 McDonald's meal highlights how many Americans feel about the economy and food prices. AdvertisementA McDonald's meal from a viral TikTok has become the poster child for a key issue leading up to the 2024 presidential election . But food prices have been rising since 2020, which is one of the reasons why Americans feel sour about the economy , despite data suggesting it's in a strong position. AdvertisementA vibecession is influencing Americans' sentimentsOverall, McDonald's prices are up about 10% this year, and they plan to raise them another 10% next year. AdvertisementWith prices at restaurants like McDonald's likely to keep rising, that day-to-day pain point is likely not going away before the 2024 election.
Persons: , McDonald's, Donald Trump, Biden, Big, Joe Raedle, Scott Olson Organizations: Service, The New York Times, Sienna College, Trump, Biden, Consumer, US Bureau of Labor Statistics, Big Mac Locations: Idaho, Arizona, Georgia, Michigan, Nevada, Pennsylvania, Wisconsin
CUBATÃO, Brazil—Once upon a time, in a land far away, there lived a shoeshine boy who planned to become king. No one believed him. After all, he lived in Brazil, a presidential republic, and more specifically in Cubatão, a dismal industrial town that was so polluted it was nicknamed the “Valley of Death.”
Persons: Locations: CUBATÃO, Brazil, Cubatão
Next year could be the year for certain dividend stocks, according to Wolfe Research. The S & P 500 Dividend Aristocrats Index is composed of companies that have increased dividends for at least 25 consecutive years. Here are some of the names in the S & P 500 Dividend Aristocrats Index. For investors who prefer funds, they can also get exposure through the ProShares S & P 500 Dividend Aristocrats exchange-traded fund. NOBL YTD mountain ProShares S & P 500 Dividend Aristocrats ETF — CNBC's Michael Bloom contributed reporting.
Persons: Chris Senyek, Senyek, Wolfe, Roz Brewer, Tim Wentworth, Wentworth, Medtronic, Michael Bloom Organizations: Wolfe Research, Federal, Materials, Walgreens, Shields Health,
Companies are actively hiring workers with generative AI skills. Advertisement"We were surprised to see the proliferation of generative AI skills being required in jobs that are not developing these technologies," Kane said. JOSH EDELSON/AFP via Getty ImagesMeta has released a number of AI projects, including AI chatbots and Ray-Ban Smart Glasses. AdvertisementAmazon's is currently hiring for a generative AI data scientist to work on the AWS team. It's currently hiring for an advanced AI research scientist and responsible AI advisor.
Persons: , Layla O'Kane, Kane, Mark Zuckerberg, JOSH EDELSON, PNNL, Artur Widak, Anthropic, It's, there's Organizations: Meta, Service, Getty, Capital, Pacific Northwest National Laboratory, US Department of Energy, AWS, Accenture, Nvidia, Microsoft Locations: AFP, Asia
BUDAPEST, Hungary (AP) — A countrywide billboard campaign that flooded the streets of Hungary this week takes aim at European Commission President Ursula von der Leyen, the start of an election campaign that marks an escalation of tensions between the country's nationalist conservative government and the European Union. Hungarian Prime Minister Viktor Orbán has long taken an adversarial approach to the 27-nation bloc. He has accused Brussels of seeking to impose unwanted policies on Hungary, and compared membership in the EU to the 40 years of Soviet domination Hungary experienced in the 20th century. “This national consultation is by far the most anti-EU document that the government has released so far," Kreko said. But after more than two years and little apparent progress, the anti-EU campaign may show that Orbán has given up on unblocking them, said Dorka Takacsy, a research fellow at the Centre for Euro-Atlantic Integration and Democracy.
Persons: Ursula von der Leyen, von der Leyen, Alex Soros, George Soros, , Viktor Orbán, von, Leyen, Peter Kreko, Kreko, Dorka Takacsy, ” Takacsy, ” It’s, Soros, Jean, Claude Juncker, , Orbán, Eric Mamer, ” Mamer Organizations: European Union, Ukraine, EU, Centre, Integration, Democracy, European, Kreko, Huxit, Fidesz, Orbán Locations: BUDAPEST, Hungary, American, Hungarian, Brussels, EU, Budapest, , European, Europe
Pro Picks is a weekly column where AP Pro Football Writer Rob Maaddi shares his picks for upcoming games. Political Cartoons View All 1265 ImagesJared Goff bounced back from three picks to lead Detroit to a comeback win over Chicago last week. Jordan Love rallied the Packers to a comeback win last week over the Chargers. COWBOYS, 31-16SAN FRANCISCO at SEATTLELine: 49ers minus 7The 49ers (7-3) are healthy and back to playing at a championship caliber. VIKINGS, 24-21Last week: Straight up: 8-6.
Persons: Rob Maaddi, Jared Goff, Jordan Love, FanDuel, Kenny Pickett, Jake Browning, Joe Burrow, it’ll, Josh Allen, Geno Smith, Tua, Aaron Rodgers, Tim Boyle, Zach Wilson, Mac Jones, Bailey, Tommy DeVito, QB C.J ., DeMeco Ryans, Desmond Ridder, Derek Carr, Winston, Bryce Young, Carolina’s, Shaquille Leonard, Patrick Mahomes, They’ve, Aidan O’Connell’s, Kyler Murray, QB Dorian Thompson, Robinson, Myles Garrett, Russell Wilson, Mark Andrews, Justin Herbert can’t, Joshua Dobbs, Justin Field, ___ Organizations: AP Pro Football, Detroit Lions, Lions, Green Bay Packers, NFC, Chicago, Packers, Chargers, The Packers, Dallas, Washington, San, Seattle, LIONS, PITTSBURGH, CINCINNATI Line, Steelers, Bengals, BEST BET, STEELERS, BUFFALO, PHILADELPHIA, Eagles, Super Bowl, Kansas City, Chiefs, 49ers, Bills, WASHINGTON, DALLAS Line, Cowboys, Philadelphia, Giants . COWBOYS, FRANCISCO, SEATTLE Line, Seahawks, Rams, 49ERS, MIAMI, NEW YORK JETS Line, Dolphins, Jets, DOLPHINS, NEW YORK, Line, Patriots, Giants, PATRIOTS, JACKSONVILLE, HOUSTON Line, AFC South, Jaguars, Texans, JAGUARS, ORLEANS, ATLANTA Line, Falcons, New Orleans . FALCONS, Panthers, Titans, Tennessee, Chicago . TITANS, TAMPA BAY, Pro, Buccaneers, BUCCANEERS, LAS VEGAS, Raiders, CHIEFS, ANGELES RAMS, ARIZONA, Cardinals, RAMS, CLEVELAND, DENVER Line, Broncos, Browns, BRONCOS, LOS ANGELES CHARGERS, Ravens, underachieving Chargers, RAVENS, MINNESOTA, Vikings, Bears, Detroit, VIKINGS Locations: Minnesota, Detroit, San Francisco, Washington, New York, QB C.J . Stroud, New, CAROLINA, TENNESSEE, Chicago, TAMPA, INDIANAPOLIS, KANSAS, BALTIMORE, CHICAGO
PITTSBURGH (AP) — The Pittsburgh Steelers fired embattled offensive coordinator Matt Canada on Tuesday, two-plus years into a tenure in which the team struggled to generate points and yards with regularity. The Steelers (6-4) have remained in playoff contention in spite of an offense that ranks 28th in yards and points. Political Cartoons View All 1260 ImagesPerhaps most damning for Canada is the way quarterback Kenny Pickett's growth has stagnated. The emergence of the run game last winter fueled a 7-2 push that helped Canada keep his job. But with Pickett seeming to regress and options becoming increasingly limited, Tomlin decided there was only one big move left.
Persons: Matt Canada, Mike Tomlin, Canada's, Tomlin, Najee Harris, Diontae Johnson, Kenny Pickett's, Pickett, , Mike Sullivan —, Pickett —, Dorian Thompson, Robinson, Thompson, ___ Organizations: PITTSBURGH, The Pittsburgh Steelers, Steelers, Cleveland, Browns, Tennessee, New York Giants, Cincinnati, Pittsburgh Locations: Cleveland, Canada, Green, Tampa Bay, New England, Arizona, Indianapolis, Pittsburgh
Accounts on Threads were also established for the first lady and second gentleman as well as for the White House itself. White House officials repeatedly rebuked Musk for what they called "anti-semitic rhetoric" on X over the last week. Several major advertisers including Apple and Disney subsequently paused their spending on X. Musk defended himself on Sunday, without apologizing or rescinding his statements. The White House said in a statement to CNBC that the launch of the new Threads accounts "has been in process for several weeks." Here's what Biden said in his first post on Threads:"Folks, it's President Biden.
Persons: Joe Biden, Andres Manuel Lopez Obrador, Kamala Harris, Elon Musk's, Musk, Adam Mosseri, Biden, it's, hasn't Organizations: Economic Cooperation, Elon, Defamation League, White House, Apple, Disney, Twitter, CNBC, America Locations: Asia, San Francisco , California, U.S, White, America, China
Cocoa prices are hovering around 45-year highs as futures trade over $4,000 per metric ton. Similar factors have also dragged down the supply of sugar, driving its price up. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Poor weather and dismal harvests have also weighed on commodities such as sugar, driving its price to a high not seen for over a decade. Poor production in India has led to export curbs on the commodity, in the government's bid to keep domestic sugar prices stable.
Persons: , it's, El Nino Organizations: Bloomberg, Service Locations: Ivory Coast, Ghana, Ivory, West Africa, Europe, Brazil, India
Investors like dividend stocks for their yields, but the equities' returns have been pretty dismal so far this year. "That's what is putting pressure on these [dividend] stocks, or maybe just keeping them from lifting." IPDP YTD line Dividend Performers ETF (IPDP) performance year to date When it comes to specific stocks, Gilreath likes two under-the-radar plays: Brady Corporation and ABM Industries . Brady, which manufacturers identification and health-care products, has a 1.7% dividend yield. Diversification in light of recession risk When it comes to dividends, investors should look for quality rather than quantity.
Persons: That's, Bond, Andrew Graham, Dave Sheaff Gilreath, Gilreath, Morningstar . Brady, Capital's Graham, Graham, Dow, Laura Mattia, Morningstar, George Gagliardi, You'd, I'm Organizations: Investment, Jackson, Capital, Federal Reserve, Brady Corporation, ABM Industries, Dow Inc, Dow, LyondellBasell, Shell, Coromandel Wealth Management, U.S Locations: San Francisco, Indianapolis, Sarasota , Florida, Lexington , Massachusetts
Estee Lauder (EL) has the dubious distinction as the worst-performing stock in our portfolio in 2023, and we're growing less optimistic about CEO Fabrizio Freda's ability to right the ship. Jim added he may consider selling Estee Lauder due to the uncertainty that lies ahead. Alongside fiscal Q1 results, Estee Lauder management cut its fiscal 2024 outlook suggesting the trajectory of getting back on track for China consumer demand growth will take longer than expected. Jim believes the Club has been patient and has given Estee Lauder the time required for inventories in its Asia travel retail business to normalize. An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021.
Persons: Estee Lauder, Fabrizio Freda's, We're, Freda, Fabrizio Freda, Jim Cramer, Jim, Lauder YTD, Tom Ford, Jo Malone, Estee Lauder's, it's, Lauder, hasn't, Jim Cramer's Organizations: Wall, Management, CNBC, daimaru, Getty Locations: China, Asia, Nanjing, Shanghai
Choppy luxury waters lift Burberry turnaround bar
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
MILAN, Nov 16 (Reuters Breakingviews) - Stuttering consumer confidence is complicating CEO Jonathan Akeroyd’s attempts to revive Burberry (BRBY.L). Like-for-like retail sales in the quarter to end-September grew a dismal 1% at the UK maker of fancy trench coats, below analyst expectations of 4%. But brands attempting a revamp, like Burberry or Kering’s (PRTP.PA) star label Gucci, are likely to suffer more than rivals. Akeroyd sounded confident that new designer Daniel Lee’s first collection, which was launched in shops in September, will energise shoppers. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Jonathan Akeroyd’s, Gucci, Daniel Lee’s, Lisa Jucca, Neil Unmack, Streisand Neto Organizations: MILAN, Reuters, Burberry, X, Alstom, Thomson Locations: China, U.S
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