Month: October 2022
Telsey downgrades Under Armour, says it will continue to struggle with excess inventory
Under Armour will continue to struggle with excess inventory, according to Telsey Advisory Group. Analyst Cristina Fernández downgraded shares of Under Armour to market perform from outperform, pointing to warnings in recent weeks from competitors adidas and Nike on high inventory. “Given the pressures being faced by the sporting goods brands and Under Armour’s positioning […]
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5 things to know before the stock market opens Friday
Traders on the floor of the NYSE, Oct. 20, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Weak end? The good news: Stocks are on pace to have their best week since early last month. The bad news: U.S. markets are on a two-day […]
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Pakistan election fee bars previous PM Khan from keeping public office
Pakistan’s previous Primary Minister Imran Khan speaks at an event of Karachi Bar Affiliation in Karachi on Oct 14, 2022. Asif Hassan | Afp | Getty Pictures Pakistan’s Election Commission disqualified former primary minister Imran Khan on Friday from keeping public business office immediately after its tribunal observed him guilty of unlawfully offering condition presents […]
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Raymond James upgrades Juniper Networks to strong buy, says stock can rally 30%
It’s time to buy Juniper Networks , according to Raymond James. Analyst Simon Leopold upgraded shares of Juniper Networks to strong buy from outperform, saying the provider of internet routers has plenty of upside going forward. “We see new router wins initiating a new cycle, led by deals like Verizon and Google. We consider consensus […]
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Bernstein downgrades Snap, says it’s unclear what’s next for the social media stock after latest earnings
It’s hard to say where Snap will go from here after its third-quarter results, according to Bernstein. Analyst Mark Shmulik downgraded the social media stock to market perform from outperform, after Snap reported a disappointing third-quarter revenue results and softening user engagement numbers. The analyst also lowered his price target and estimates on Snap. “With […]
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A timeline of what happens following next United kingdom PM Liz Truss’ resignation
On resigning after just 45 times in business office, Truss becomes Britain’s shortest-serving primary minister in historical past and the 3rd Conservative Occasion leader to be toppled in as many a long time Dan Kitwood | Getty Pictures News | Getty Photographs LONDON — U.K. Key Minister Liz Truss resigned Thursday following just 44 times […]
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European marketplaces reduced as United kingdom political chaos proceeds
Sterling falls more as United kingdom PM contest begins British isles public sector borrowing soars to £20 billion Community sector borrowing achieved £20 billion ($22.2 billion) in the U.K. in September, up from £11.8 billion in August, in accordance to the Workplace for Countrywide Stats. It is the second highest September borrowing determine because regular information began in 1993. […]
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Zelenskyy warns Russia might attack important hydroelectric dam Moscow orders arrest of rebellious Television set reporter
Announcement of 15,000 new Russian troops deployed to Belarus is very likely a ruse, British isles suggests Belarus’ announcement of a new Belarus-Russia Group of Forces on its territory with as quite a few as 15,000 Russian troops and 70,000 Belarussian troops may possibly be an exaggeration made use of to distract, Britain’s Ministry of […]
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‘Turkey has prolonged been hell for journalists’: Reporters slam country’s new ‘fake news’ law
A kiosk in Istanbul on April 17, 2017, demonstrating Turkish newspapers a day after Turkey’s referendum. Turkey at present ranks 149 out of 180 nations around the world in the environment push liberty index, with 90% of national media below authorities control, in accordance to international non-revenue business Reporters Without the need of Borders. Yasin […]
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Asia’s strength source seems protected — even as Europe scrambles
As Europe struggles with a power shortage, Asia-Pacific’s electric power offer remains safe mainly for the reason that the region nevertheless uses a whole lot of coal, information has proven. With liquified purely natural fuel supplies in the area redirected to Europe, electric power generators in Asia not only have significantly less entry to LNG […]
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