It’s only up from here for Latam Airlines Group , according to Morgan Stanley. The bank initiated the airline carrier at an overweight rating and named it a top pick. Analyst Jens Spiess simultaneously set a price target of $40, which is approximately 51% above the stock’s $16.41 closing price on Monday. Shares of Latam Airlines relisted on the New York Stock Exchange in July, after the company filed for bankruptcy in 2020. From its closing price on its first day of trading, the stock has risen nearly 7%. LTM YTD mountain LTM YTD chart However, Spiess believes that Latam…
Author: usaeverydaylife
Azmanl | E+ | Getty ImagesNew rules on buying and selling homes are in play, now that a settlement from a class-action lawsuit has taken effect.In March, the National Association of Realtors agreed to a $418 million settlement in an antitrust lawsuit where a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflate agent commissions on the sale and purchase of real estate.In a statement at the time of the verdict, the NAR denied wrongdoing.The settlement took effect on August 17.Prior to the settlement, the NAR’s multiple listing service, or MLS, used at a…
The United States has seen indications that Iran is preparing to “imminently” launch a ballistic missile attack on Israel, a senior White House official told NBC News on Tuesday.The official warned that any direct attack on Israel by Iran “will carry severe consequences for Iran.””We are actively supporting defensive preparations to defend Israel against this attack,” the official said.Iran’s suspected planned attack came as Israeli ground forces invaded south Lebanon as part of an attack on Hezbollah, the militant group backed by Iran. The number of Israeli troops who have entered Lebanon is in “the low hundreds,” an Israeli official…
A logo of US company’s Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024.Julien De Rosa | Afp | Getty ImagesA former Meta staffer who was placed on a “Do Not Hire” list after he stalked and harassed one of the company’s employees found himself rehired by the tech giant after it gutted its talent and recruitment department, a lawsuit filed Tuesday says. The suit, filed in New York Supreme Court on behalf of Meta employee James Napoli, accuses the company of violating New York City’s…
Follow live coverage of Arsenal vs PSG in the Champions League todayWhen European club competition was originally devised back in 1955, it was in the form of the Inter-Cities Fairs Cup, the predecessor to the UEFA Cup and Europa League.As the name hints, the competition was originally designed to promote European trade fairs, and had a strict ‘one club per city’ rule. On that basis, this week’s Champions League clash between Arsenal and Paris Saint-Germain is, in basic terms, pretty much what you’d expect. On the basis of domestic titles won, this is the most successful club from each of…
NEBATIEH, LEBANON – SEPTEMBER 28: Smoke rises after Israeli attacks over Shebaa town of Nabatieh province on September 28, 2024. (Photo by Ramiz Dallah/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesIsrael has launched a ground incursion into Lebanese territory, with markets once more on edge over the conflict between the Jewish state and the Iran-backed Hezbollah militant group.In a statement early on Tuesday, Israel’s Defense Forces said they had begun “limited, localized and targeted ground raised” against targets in southern Lebanon that they say pose an “immediate threat to Israeli communities in northern Israel.” The Israeli air and artillery forces are supporting…
My top 10 things to watch Tuesday, Oct. 1 1. Wall Street is heading for a lower open on the first day of October. The S & P 500 had a positive September for the first time in five years. September is historically the worst month of the year. With a 5.5% gain in the third quarter, the S & P 500 enters the seasonally bullish period into year-end up nearly 21% in 2024. 2. Fed Chairman Jerome Powell said Monday the central bank is not on a preset easing course, signaling smaller rate moves going forward after September’s 50-basis-point…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Microsoft will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia’s biggest economy to spur growth.Dimas Ardian | Bloomberg | Getty ImagesAs Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important: finance leases.A finance lease lets a company pay for an asset over years, rather than all upfront. For companies like Microsoft that are building massive data centers to handle artificial intelligence workloads,…
BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images)Joan Cros Garcia – Corbis | Corbis News | Getty ImagesMastercard said Tuesday that it’s agreed to acquire Minna Technologies, a software firm that makes it easier for consumers to manage their subscriptions.The move comes as Mastercard and its primary payment network rival Visa are rapidly attempting to expand beyond their core credit and debit card businesses into technology services, such as cybersecurity, fraud prevention, and…
Walter “Walt” Bettinger, president and chief executive officer of Charles Schwab Corp., speaks during the 2015 Fortune Global Forum in San Francisco, California, U.S., on Tuesday, Nov. 3, 2015.David Paul Morris | Bloomberg | Getty ImagesCharles Schwab CEO Walt Bettinger is retiring from his role at the end of December after 16 years leading the brokerage firm, the company announced Tuesday.Bettinger will be replaced on Jan. 1, 2025, by Charles Schwab President Rick Wurster. Bettinger will remain as the co-chair of Schwab’s board.Stock Chart IconStock chart iconCharles Schwab, 5 yearsIn a statement, Bettinger cited his 65th birthday next year as…
