NEW YORK — If it feels like this American League Championship Series might already be over, well, that’s unfair to both the Cleveland Guardians and to history. But the Guardians and their manager, Stephen Vogt, approached the second game on Tuesday with the urgency and aggressiveness worthy of the stage — and still looked unfit to share it with the New York Yankees, who took a 6-3 victory and a two-games-to-none series lead.Make no mistake: the Guardians deserve to be here. They won 92 games this season, just two fewer than the Yankees and part of a vastly underappreciated stretch…
Author: usaeverydaylife
A number of catalysts are set to drive shares of PNC Financial higher, according to Bank of America. The Pittsburgh-based regional bank was reiterated as a buy and its price target raised to $211 from $204, implying more than 9% upside from Tuesday’s close, the Wall Street investment bank said. PNC has already seen massive gains, surging more than 61% in the last 12 months. That’s almost double the rally of the S & P 500 over the same time. PNC .SPX 1Y mountain PNC vs. S & P 500, 1-year While analysts led by Ebrahim Poonawala anticipate that loan…
An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024.Yuki Iwamura | Bloomberg | Getty ImagesUlta Beauty shares slumped on Wednesday morning, as the company said it sees “headwinds” and tougher competition in the beauty industry.As it hosted its investor day near its Chicago headquarters on Wednesday, the specialty retailer stuck by its forecast for this fiscal year. Ulta said it anticipates net sales will range from $11 billion to $11.2 billion and comparable sales will range from a decline of 2% to roughly flat. It said earnings per share will range from $22.60 to $23.50.For 2026…
Kindle Colorsoft 2024AmazonAmazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display.The retailing giant introduced the Kindle in 2007, and every device since then has had a black-and-white screen. The new Kindle has a display that’s designed to ensure colors don’t appear washed out or pixelated, even when users zoom in on images.The $279 device, which Amazon is calling the Kindle Colorsoft, has “weeks of battery life,” the company said. It can be preordered now and ships on Oct. 30.Amazon also unveiled a refreshed $399 Kindle Scribe with new note-taking features,…
Follow live coverage of Thomas Tuchel’s first press conference as England managerAt least Thomas Tuchel is likely to be spared the kind of reception that awaited Sven-Goran Eriksson when the Swede became the first foreign coach to manage the England national team.“FA, hang your heads in shame. No surrender,” read the banner held by a man standing outside FA headquarters in London in November 2000. The protestor was dressed as “John Bull”, a pulp magazine personification of Englishness, wearing a top hat, a red jacket, a Union Jack waistcoat and a look of profound distaste.It went beyond that one-man protest.…
Here are Wednesday’s biggest calls on Wall Street: Wells Fargo reiterates Goldman Sachs as overweight The firm raised its price target to $600 per share from $550 following earnings. ” Goldman Sachs is undergoing a transition to become a more stable firm, with greater contributions from durable revenue streams.” Wells Fargo reiterates Citi as overweight The firm said Citi remains a number one pick following earnings on Tuesday. “Strong 15% EPS beat. Reiterate prior guides. Strong pos. op leverage. Double-digit growth in services (1/4 of firm). CEO seemed to put to rest concerns about escalation of reg issues.” Baird upgrades…
My top 10 things to watch Wednesday, Oct. 16 1. Club Name Morgan Stanley ‘s third-quarter earnings report was great across the board. Many good numbers here. EPS much better, $1.88 per share vs. $1.58 estimate. Revenue much better, $15.38 billion vs. $14.41 billion expected. The bank’s wealth management division posted a 14% sales jump from a year ago to $7.27 billion. Join us for our October Monthly Meeting at noon ET, when we’ll discuss Morgan Stanley and all the other stocks in the portfolio. Also, the top five performers since our last Monthly Meeting. 2. LVMH is a disaster…
An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024.Jonathan Raa | Nurphoto | Getty ImagesASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.The Netherlands-based chip equipment maker said in its earnings report Tuesday, which was released a day early due to a “technical error,” that it expects net sales for 2025 to come in between 30 billion euros and…
The senior housing industry is approaching its “golden age” and Bookdale Senior Living should benefit, according to Jefferies. Analyst Brian Tanquilut initiated coverage of Brookdale Senior Living with a buy rating, saying that the sector should benefit from better occupancy as baby boomers “age into the sweet spot.” “The combination of positive demographic trends, improved operations, and financial engineering … should all translate to improved earnings performance that’s not yet baked into the stock,” he wrote. Along with the upgrade, Tanquilut established an $8 price target, reflecting 32% upside from Tuesday’s close. The stock is up more than 4% this…
A logo sits on display outside the Airbus wing assembly factory in Broughton, U.K.Paul Thomas | Bloomberg | Getty ImagesAirbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division, citing a “complex business environment” especially in loss-making satellites.The European aerospace group said it aims to carry out the cuts, which represent 7% of the workforce in its second-largest division, by the middle of 2026 after talks with unions.Airbus builds satellites and transporters and has key shares in European missile, fighter, and space-launch programs.It has been hit by 1.5 billion euros ($1.63 billion) of…
