UBS analysts downgraded Nike to “neutral” from “buy” on June 21, writing, “Nike looks like a long-term winner, but this is a consensus view.” While they believe that Nike is a strong brand and its inventory and promotions are very much “under control,” they think the company’s current multiple of ~29x reflects that “the market agrees.”
Virginia's governor signed a law Thursday that allows the state's colleges and universities to directly pay athletes through name, image and likeness deals. The law signed by Gov. Glenn Youngkin bypasses an NCAA rule that prevents schools from paying athletes under NIL guidelines. NIL rules, enacted in 2021, allow college athletes to agree to deals with local and national businesses that compensate them for advertising or personal appearances.
Zaynab Joseph fell 42 metres down Arizona's Bear Mountain on a trip with her husband and toddler.
The husband of Nicola Sturgeon has been re-arrested in connection with the SNP finances investigation.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
Villagers challenge parliamentary candidates about plans to build a new busway in Cambridgeshire.
According to Straits Research, “The global industrial burner market size was valued at USD 5.83 billion in 2022 and is projected to reach USD 9.85 billion by 2031, registering a CAGR of 6% during the forecast period 2023-2031.”New York, United States, April 18, 2024 (GLOBE NEWSWIRE) -- Industrial burners generate and control flames for heat-intensive operations such as heating, drying, and chemical reactions. Industrial furnaces, boilers, ovens, and heating systems all rely on these burners. Ind
ATLANTA, April 18, 2024--Three Georgia-based solar companies have joined together to design, build and construct an innovative solar array atop the parking deck at Georgia Power’s headquarters in Atlanta, Georgia.
Congresswoman Omar had previously expressed her support for the protests at Columbia
Chad Daybell’s trial comes one year after Lori Vallow was convicted over the murders of Tylee Ryan, JJ Vallow and Tammy Daybell
Kaczynski was reportedly depressed for approximately a month before he died by suicide in North Carolina
The Poosh founder received lots of love from her loved ones, including mom Kris Jenner and sister Khloé Kardashian, as she celebrated another year around the sun
Housing prices continue to rise under the higher-for-longer inflationary environment, according to a Redfin (RDFN) report. First American Chief Economist Mark Fleming joins Wealth! to discuss the implications of these trends for the housing market. Fleming explains that the rise in mortgage rates "has a demand-side effect," making homes less affordable for potential buyers. He notes that the impact is now also being felt on the supply side, as homeowners have become less willing to sell their properties due to the increased costs associated with housing transactions. Looking ahead, Fleming believes that life changes will start to become "the driving factor for people moving," rather than rates, if it remains elevated. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
People are being advised to plan their journeys before travelling over the next two weekends.
Tesla (TSLA) is trading lower after Deutsche Bank analyst Emmanuel Rosner downgraded the stock to Hold from Buy. Rosner made the move on the likelihood of the Model 2 being delayed and the company putting more focus on its robotaxi. Rosner will discuss the call when he joins Market Domination at 3:20 p.m. ET. Another stock to watch is Netflix (NFLX). The streaming giant releases its first quarter results after the market close. Investors will be watching to see if its password-sharing crackdown is still effective in driving the platform's subscriber growth. Other trending tickers on Yahoo Finance include Taiwan Semiconductor Manufacturing Company (TSM), Lithium Americas (LAC), and Wells Fargo (WFC). Top guests today include: 3:05 p.m. ET - Julian Emanuel, Evercore ISI Senior Managing Director Equity, Derivatives and Quantitative Strategy 3:45 p.m. ET - Matt Ballensweig, BitGo Managing Director, Head of Go Network and Alex Felix, CoinFund Co-Founder and CIO 4:05 p.m. ET - Steve Laipply, BlackRock Global Co-Head of Bond ETFs 4:30 p.m. ET - Bruce McNeilage, Kinloch Partners Co-Founder & CEO
A turtle that washed up in Guernsey may not be able to return to Gran Canaria, a charity says.
The Biden administration on Thursday finalized a new rule for public land management that's meant to put conservation on more equal footing with oil drilling, grazing and other extractive industries on vast government-owned properties. Officials pushed past strong opposition from private industry and Republican governors to adopt the proposal. The rule from the Interior Department's Bureau of Land Management — which oversees more than 380,000 square miles (990,000 square kilometers) of land, primarily in the U.S. West — will allow public property to be leased for restoration in the same way that oil companies lease land for drilling.
Rick Diamond/Getty ImagesDickey Betts—guitarist, singer, and songwriter for the Allman Brothers Band—died on Thursday at the age of 80. Betts died surrounded by family in his home in Osprey, Florida, according to a statement from his family.According to his manager David Spero, the cause of death was cancer and chronic obstructive pulmonary disease, which is commonly caused by smoking. Betts was one of the founders of the legendary rock band, which influenced Southern music throughout the ’70s.
NBCUniversal Telemundo Enterprises Chairman Luis Fernandez is spearheading an executive shuffle and a restructuring of Telemundo Studios in a bid to amp up the company’s scripted content for both linear and streaming platforms. “At a time when Telemundo is the most-watched network in prime time, we are super-charging our scripted content production under one strong …
The United States laser cutting machine market is expected to witness a compound annual growth rate (CAGR) of 6.50% during the forecast period. Government initiatives aimed at bolstering per capita income are anticipated to play a pivotal role in this growth trajectory. As disposable incomes rise due to these initiatives, consumers are empowered to make investments in advanced technologies integrated into consumer products, thereby enhancing their overall quality of life.NEWARK, Del, April 18, 2
Newbrook, a gated community offering a wide selection of home designs and exclusive amenities, is now openST. AUGUSTINE, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the launch of Newbrook, an exciting new home community located in the desirable SilverLeaf master-planned community in St. Augustine, Florida. The Toll Brothers Sales Center is now open at 78 Bismarck Palm Road in St. Augustine. Newbrook is a g
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