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☆ AMC Networks booted its CEO after only 3 months, gave her a $10 million payout, and cut about 20% of its staff. So much for workers being empowered.
▼ + stars: | 2022-11-30 | by ( Rebecca Knight | Marguerite Ward | ) www.businessinsider.com time to read: +6 min

Former AMC CEO Christina Spade got a $10 million payout after only three months on the job. AMC's former CEO getting a massive payout for three months of work is not good for shareholder capitalism or stakeholder capitalism. "But AMC's former CEO getting a massive payout for three months of work is not good for shareholder capitalism or stakeholder capitalism. Ja_inter/Getty ImagesLayoffs vs. the golden parachuteResearch shows that CEO severance packages serve an important purpose in corporate America. And some investor groups have recently proposed votes to curb CEO pay.

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[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 21, 2022. "That's a piece of what's driving the tech stocks down because we rely so much on China and Taiwan for critical components." Energy was the only major S&P 500 sector eying gains for the year, surging around 63%. Declining issues outnumbered advancing ones on the NYSE by a 1.26-to-1 ratio; on Nasdaq, a 1.57-to-1 ratio favored decliners. The S&P 500 posted 9 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 76 new highs and 194 new lows.

[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 21, 2022. Energy was the only major S&P 500 sector eying gains for the year, surging around 58%. Travel stocks including American Airlines Group Inc (AAL.O) and Norwegian Cruise Line Holdings Ltd (NCLH.N) fell 0.5% and 1.2%, respectively. Keeping declines on the Dow Jones Industrial Average (.DJI) and S&P 500 (.SPX) in check was a 5.8% jump in Walt Disney Co (DIS.N) after Bob Iger's return as chief executive to the entertainment giant. The S&P index recorded eight new 52-week highs and two new lows, while the Nasdaq recorded 68 new highs and 156 new lows.

☆ Stocks making the biggest moves premarket: Macy's, BJ's Wholesale, Kohl's and others
▼ + stars: | 2022-11-17 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Macy's (M) – Macy's stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. BJ's Wholesale (BJ) – BJ's added 2.4% in premarket trading after beating analyst forecasts on both the top and bottom lines for its latest quarter. The warehouse retailer also reported better-than-expected comparable store sales and raised its full-year forecast. Alibaba (BABA) – The China-based e-commerce giant reported better-than-expected earnings but revenue fell short of analyst forecasts. Norwegian Cruise Line (NCLH) – The cruise line operator's stock slid 5% in premarket trading after a double-downgrade from Credit Suisse to underperform from outperform, with the firm citing a number of factors including valuation.

☆ Stocks making the biggest moves midday: Bath & Body Works, Norwegian Cruise Line, Macy's and more
▼ + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Bath & Body Works – Bath & Body Works' stock surged 24% after reporting per-share earnings that were more than double what analysts had anticipated. The retailer also raised its guidance for full-year per-share earnings. Norwegian Cruise Line – Shares of the cruise stock shed 6% following a double downgrade to an underperform rating from Credit Suisse. Macy's – Shares of Macy's rallied 14% after the department store reported profit and revenue that beat Wall Street's expectations. BJ's Wholesale – Shares dropped 6% despite the company reporting beats on the top and bottom lines and raising its full-year forecast for per-share earnings.

☆ Credit Suisse double downgrades Norwegian Cruise Line, says better value can be found elsewhere
▼ + stars: | 2022-11-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Shares of Norwegian Cruise Line are trading at a steep premium and investors can find better value elsewhere, Credit Suisse said. Analyst Benjamin Chaiken double-downgraded shares of the cruise stock to underperform from outperform, saying investors should put their money in other cruise stocks. Along with an "unsustainable valuation premium" and better upside from Norwegian's cruise stock peers, Chaiken cited downside to 2023 estimates. Given this backdrop, Credit Suisse prefers shares of Royal Caribbean, which typically trade at a premium to Norwegian. Norwegian shares shed 5% following the downgrade.

☆ Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more
▼ + stars: | 2022-11-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall Street's expectations and raising its forward guidance. Retail stocks — Retail stocks rose following Walmart and Home Depot 's stronger-than-expected financial reports for the third quarter. Signature Bank — Shares of the crypto bank jumped more than 10% after Signature reported minimal exposure to FTX and any potential destruction that could come from its collapse. Sunnova Energy — Shares of solar company rose 7.5% after Deutsche Bank initiated coverage of Sunnova Energy, First Solar and Enphase Energy with buy ratings. First Solar was up 3.2%, and Enphase Energy rose 2%.

☆ See the top 10 family activities on Norwegian Cruise Line's new Prima ship: go-karts, a VR arcade, and lots of food
▼ + stars: | 2022-11-15 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

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☆ Stocks making the biggest moves after hours: Carnival, Advance Auto Parts and more
▼ + stars: | 2022-11-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

In an aerial view, the Carnival Miracle cruise ship operated by Carnival Cruise Lines sits docked at Pier 27 on September 30, 2022 in San Francisco, California. Carnival announced a private offering of $1 billion in convertible senior notes due in 2027. Shares of rival cruise operators Royal Caribbean and Norwegian Cruise Line fell about 2% and 3.3%, respectively, on the news. Advance Auto Parts — Shares of the auto parts provider shed 9.9% after the company missed Wall Street's earning per shares estimates and lowered its adjusted EPS outlooks for the year. Ginkgo Bioworks — The stock — created during the SPAC boom — slipped 6.4% in extended trading after Gingko announced a $100 million common stock offering.

☆ Stocks making the biggest moves midday: Lyft, Tripadvisor, Take-Two Interactive and more
▼ + stars: | 2022-11-08 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

Lyft – Shares of Lyft plummeted 21% after the company's earnings report showed mixed results in the last quarter. SolarEdge Technologies – Shares of SolarEdge rose 18% after the company reported record revenue in its last quarter that beat analysts' expectations. Revenue fell short of estimates coming in at $967 million instead of $979 million. Perrigo – Shares of pharmaceutical company Perrigo slumped 16% after the company reported earnings and revenue that fell short of analysts' expectations, according to Refinitiv. The company reported $198.3 million in revenue, which beat expectations, according to StreetAccount.

☆ Stocks week ahead: How the midterms could affect Wall Street
▼ + stars: | 2022-11-06 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

Investors are more than happy when politicians bicker but don’t actually enact any new laws that may hurt corporate profits. If Republicans get the House, tax hikes are dead in the water,” said David Wagner, a portfolio manager with Aptus Capital Advisors. That’s because there are some areas of consensus for the White House and Republican lawmakers. Congress and the White House may spend more time bickering than trying to pass legislation. Ameriprise chief market strategist Anthony Saglimbene said on a conference call last week about the midterms that stocks have historically gone up after elections, no matter which party controls the White House and Congress.

☆ Bank of America cardholders will earn unlimited bonus rewards on all purchases on November 5 — here's how to make the most of More Rewards Day
▼ + stars: | 2022-11-04 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +24 min

Bank of America More Rewards Day is Saturday, November 5, 2022, starting at 12 a.m. Eastern Time. But if you're a Bank of America Preferred Rewards member, you'll only earn your Preferred Rewards member bonus on the purchase amount, and not the bonus earning. All personal and business Bank of America credit cards are eligible to earn the More Rewards Day bonus on November 5, 2022. If your Bank of America card doesn't normally earn rewards, you'll receive a statement credit equal to 2% of total purchases made on November 5, 2022. Cash back personal and business credit cards include:Points rewards personal and business credit cards include:Bank of America® Travel Rewards credit card , Bank of America® Premium Rewards® credit card, Bank of America® Premium Rewards® Elite credit card, BankAmericard® Power Rewards®, MERRILL+®, MERRILL+® Elite, Bank of America® Royal Caribbean®, Bank of America® Celebrity Cruises®, Norwegian Cruise Line®, Bank of America® Sonesta®, Bank of America® Beaches®, Bank of America® Sandals®, Bank of America® Virgin Atlantic®, Bank of America® Free Spirit®, Bank of America® Allegiant®, Bank of America® Premium Rewards® credit card, Bank of America® Premium Rewards® Elite credit card, BankAmericard® Power Rewards®, MERRILL+®, MERRILL+® Elite, Bank of America® Royal Caribbean®, Bank of America® Celebrity Cruises®, Norwegian Cruise Line®, Bank of America® Sonesta®, Bank of America® Beaches®, Bank of America® Sandals®, Bank of America® Virgin Atlantic®, Bank of America® Free Spirit®, Bank of America® Allegiant® Bank of America® Business Advantage Travel Rewards World Mastercard® Credit Card , WorldPoints® Rewards for Business credit cardsMiles rewards personal and business credit cards include:Alaska Airlines Visa® Credit Card, Bank of America® Air France KLMAlaska Airlines Business Credit CardNon-rewards and other rewards credit cards include:BankAmericard®, BankAmericard® Better Balance Rewards®, Bank of America® Amway®Bank of America® Platinum Plus® Business credit card

☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
▼ + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.

☆ I sailed on Norwegian Cruise Line's new $1.1 billion Prima ship as a cruise hater — see why it was the first time I've ever enjoyed a cruise
▼ + stars: | 2022-10-26 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

… although it should be noted most of the passengers on the inaugural sailing were already adults. (I attended as a member of the press at no cost, as the cruise was not available to the public.) Brittany Chang/Insider

☆ Photos: See Inside Norwegian Cruise Line's New $1.1 Billion Cruise Ship
▼ + stars: | 2022-10-25 | by ( ) www.businessinsider.com time to read: 1 min

☆ For one day only, Bank of America cardholders will earn unlimited bonus rewards on all purchases — here's how to make the most of More Rewards Day
▼ + stars: | 2022-10-20 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +24 min

Bank of America More Rewards Day is November 5, 2022, starting at 12 a.m. Eastern Time. But if you're a Bank of America Preferred Rewards member, you'll only earn your Preferred Rewards member bonus on the purchase amount, and not the bonus earning. All personal and business Bank of America credit cards are eligible to earn the More Rewards Day bonus on November 5, 2022. If your Bank of America card doesn't normally earn rewards, you'll receive a statement credit equal to 2% of total purchases made on November 5, 2022. Cash back personal and business credit cards include:Points rewards personal and business credit cards include:Bank of America® Travel Rewards credit card , Bank of America® Premium Rewards® credit card, Bank of America® Premium Rewards® Elite credit card, BankAmericard® Power Rewards®, MERRILL+®, MERRILL+® Elite, Bank of America® Royal Caribbean®, Bank of America® Celebrity Cruises®, Norwegian Cruise Line®, Bank of America® Sonesta®, Bank of America® Beaches®, Bank of America® Sandals®, Bank of America® Virgin Atlantic®, Bank of America® Free Spirit®, Bank of America® Allegiant®, Bank of America® Premium Rewards® credit card, Bank of America® Premium Rewards® Elite credit card, BankAmericard® Power Rewards®, MERRILL+®, MERRILL+® Elite, Bank of America® Royal Caribbean®, Bank of America® Celebrity Cruises®, Norwegian Cruise Line®, Bank of America® Sonesta®, Bank of America® Beaches®, Bank of America® Sandals®, Bank of America® Virgin Atlantic®, Bank of America® Free Spirit®, Bank of America® Allegiant® Bank of America® Business Advantage Travel Rewards World Mastercard® Credit Card , WorldPoints® Rewards for Business credit cardsMiles rewards personal and business credit cards include:Alaska Airlines Visa® Credit Card, Bank of America® Air France KLMAlaska Airlines Business Credit CardNon-rewards and other rewards credit cards include:BankAmericard®, BankAmericard® Better Balance Rewards®, Bank of America® Amway®Bank of America® Platinum Plus® Business credit card

☆ Cramer's lightning round: I like Procter & Gamble over Kimberly-Clark
▼ + stars: | 2022-10-19 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

I prefer to have something that is certainly a little bit more ... known and already doing incredibly well, which is Halliburton ." Loading chart...Kimberly-Clark Corp : "I'd much rather have you be in Procter & Gamble ." Loading chart...Boeing Co : "As a long term position — that is really the operative term, because short-term, they keep doing things wrong." Loading chart...Quantumscape Corp : "It's losing a lot of money ... and we do not recommend stocks that are losing a lot of money." Disclaimer: Cramer's Charitable Trust owns shares of Procter & Gamble, Halliburton and Pioneer Natural Resources.

☆ Stocks making the biggest moves midday: Hasbro, Salesforce, Carnival, Lockheed Martin & more
▼ + stars: | 2022-10-18 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Hasbro — Shares of the toy company dipped 2.3% after the company reported third-quarter earnings that missed expectations. Salesforce — Salesforce shares gained 5.2% after Starboard Value revealed to CNBC that it has taken a "significant" stake in the software giant. Carnival Corporation — Shares of the cruise company jumped more than 12% after one of Carnival's subsidiaries began an offering of $1.25 billion of senior priority notes due 2028. Goldman Sachs — Goldman Sachs rallied 3% after beating third-quarter analyst expectations for profit and revenue on better-than-expected trading results. Lockheed Martin — Shares of the aerospace company jumped 8.5% after Lockheed reported third-quarter earnings of $6.87 per share excluding items, which was higher than a Refinitiv estimate of $6.66 per share.

☆ Cruise Stocks Don’t Lead to Buried Treasure
▼ + stars: | 2022-10-12 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Cruise-line stocks have been taking on water since Covid-19 hit, but lately investors have really abandoned ship. Shares of Carnival, Royal Caribbean Group and Norwegian Cruise Line Holdings are down an average of 23% over the past month, with Carnival shares falling nearly 36% over that period. The cruise industry has been one of the hardest hit throughout the pandemic. Yet now, regulators are allowing more ships in the water, capacity is up, and mask and vaccine restrictions are lifting. So why are investors bailing?

☆ Stocks making the biggest moves premarket: PepsiCo, Intel, Philips and more
▼ + stars: | 2022-10-12 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Intel (INTC) – Intel added 1% in premarket trading following a Bloomberg report that the chip maker was planning to cut thousands of jobs to deal with a slumping personal computer market. Philips (PHG) – Philips shares slumped 8.1% in the premarket after the Dutch health technology company said its third-quarter core profit would be down about 60% from a year ago. Diamondback Energy (FANG) – Diamondback Energy announced a deal to buy energy producer FireBird Energy for $1.6 billion in cash and stock. El Pollo Loco (LOCO) – El Pollo Loco shares rallied 15.2% in premarket action after the restaurant operator announced a $1.50 per share special dividend and a stock repurchase program worth up to $20 million. Lyft (LYFT) – Lyft gained 4.3% in the premarket after Gordon Haskett upgraded the stock to buy from hold.

☆ Stocks making the biggest moves midday: Moderna, Pepsi, Lyft and more
▼ + stars: | 2022-10-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Check out the companies making the biggest moves midday Wednesday:Moderna — Shares of Moderna surged 10% after the drug maker announced it will partner with Merck to jointly develop and sell a cancer vaccine. It reported preliminary month-end assets under management of $1.23 trillion as of Sept. 30. Pepsi also raised its guidance for the year as it was able to successfully raise prices on its products. Lyft — Lyft shares gained 5.8% following an upgrade from Gordon Haskett to buy from hold.

☆ UBS upgrades Norwegian Cruise Line to buy, says shares can rally nearly 30% as bookings improve
▼ + stars: | 2022-10-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

After a rough patch, UBS thinks it's time for investors to load back up on shares of Norwegian Cruise Line . He now expects Norwegian to lose $4.66 per share in 2022, less than a previous forecast of a $4.97 per share loss. Shares of cruise companies have come under pressure in recent years as Covid-19 lockdowns shuttered business and put a damper on cruising demand. While UBS prefers shares of Royal Caribbean , Farley sees strength in Norwegian's strong domestic customer base and its exposure to the luxury segment. UBS trimmed estimates and its price target on the stock to $15 from $18 a share, citing inflationary headwinds.

☆ What Cramer is watching Wednesday — more hot inflation, PepsiCo strong, drug stocks mixed
▼ + stars: | 2022-10-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Raymond James lowers price target on Club holding Procter & Gamble (PG) to $155 per share from $175; keeps outperform (buy) rating). Stanley Black & Decker (SWK) downgraded to equal weight from overweight (hold from buy) at Morgan Stanley. Piper Sandler cuts Yeti (YETI) price target to $48 per share from $76 but keeps overweight (buy) rating. Deutsche Bank lowers price targets on all asset gatherers: BlackRock (BLK), Blackstone (BX) and KKR (KKR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

The Dow and S&P 500 e-minis fell for the seventh time in eight sessions, while megacap growth names such as Amazon.com Inc , Apple Inc (AAPL.O), Microsoft Corp , Meta Platforms Inc and Tesla Inc (TSLA.O) lost between 1.6% and 2.7% in premarket trading. read moreIn the previous session, the S&P 500 recorded its first gain in seven sessions. The benchmark index has lost about $9.1 trillion in market value this year and was last valued at $31.2 trillion, according to Datastream. ET, Dow e-minis were down 364 points, or 1.22%, S&P 500 e-minis were down 55 points, or 1.47%, and Nasdaq 100 e-minis were down 207.75 points, or 1.8%. read moreShare of peers United Airlines Holdings (UAL.O), Southwest Airlines (LUV.N) and Delta Air Lines (DAL.N) fell between 1.6% and 2.0%.

☆ Wall Street futures resume fall as economic worries weigh
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

Megacap growth names such as Amazon.com Inc , Apple Inc (AAPL.O), Microsoft Corp , Meta Platforms Inc and Tesla Inc (TSLA.O) lost between 0.8% and 1.6% in premarket trading. ET, Dow e-minis were down 225 points, or 0.76%, S&P 500 e-minis were down 31.25 points, or 0.84%, and Nasdaq 100 e-minis were down 117.75 points, or 1.02%. Investors will be watching for weekly jobless claims, which is expected to rise by 2,000 to 215,000 last week. A second estimate of the government last month had shown the economy contracted at 0.6%, a more moderate pace than initially thought. Register now for FREE unlimited access to Reuters.com RegisterReporting by Susan Mathew in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

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