Since Russia invaded his country three years ago, President Volodymyr Zelensky of Ukraine has survived a military assault on his capital, assassination plots, corruption scandals in his government, political infighting and ominous setbacks in his army’s fight against Russia.He had enough support from Ukrainians to carry him through each time.Now, with Donald J. Trump installed in the White House, Mr. Zelensky is facing a new challenge: maintaining good relations with the country’s most critical ally and a president who has been disdainful toward him and skeptical of military aid.Mr. Trump’s arrival comes at a precarious time for Mr. Zelensky domestically.…
Author: usaeverydaylife
Piper Sandler is lowering its growth targets on Boston Beer after a recently disappointing launch of Hard Mountain Dew. Analyst Michael Lavery downgraded shares to neutral from overweight. He also cut his price target on shares to $275 from $370, implying just 9.9% upside potential from Wednesday’s close. The recent rollout of Hard Mountain Dew has been slower to take off than initially expected, according to Lavery. Although Boston Beer management has expressed confidence that the beverage could be “the most successful of all the crossover brands from non-alcoholic analogs over time,” the analyst no longer forecasts it as a…
U.S. President Donald Trump attends a meeting with NATO Secretary General Jens Stoltenberg ahead of the NATO summit in Watford, in London, Britain, December 3, 2019.Kevin Lamarque | ReutersAs U.S. President Donald Trump looks to immediately fix his greatest political and economic bugbears, the thorny issue of NATO defense spending is likely to quickly return to the global fore.Trump’s relationship with the Western military alliance was acrimonious during his first presidency, with the Republican leader frequently lambasting NATO member states for not abiding by a 2014 target to spend at least 2% of GDP on defense every year.Ahead of his…
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesAmerican Airlines’ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 6%.The carrier forecast an adjusted loss per share of 20 cents to 40 cents for the first three months of 2025 based on current demand trends and fuel-price forecast, a wider loss than the 4 cents analysts were expecting, according to LSEG.The airline said it expects unit costs, excluding fuel, to rise in the low-single digit…
Netflix’s strong fourth-quarter results has Wolfe Research upbeat on the stock’s future. Analyst Peter Supino upgraded Netflix to outperform from peer perform in a research note, a day after the company reported quarterly results that beat expectations , with the company also announcing paid memberships topped 300 million. Supino has a $1,100 price target on shares, which indicates 15.3% upside from Wednesday’s close. “While premium valuation gives pause, our expanded valuation comparison analysis demonstrates the scarcity and preciousness of Netflix-like growth, scale and profitability,” Supino wrote. When it comes to content monetization, Netflix has the most reach and engagement per…
South Korea has told its low-cost carriers to prioritize safety over profit after the deadly crash of a Jeju Air plane in South Korea last month, in an effort to shore up confidence in the country’s aviation industry.In a meeting with South Korea’s nine budget airlines on Thursday, the nation’s transportation ministry demanded that they take measures to reduce flight hours, improve pilot training and increase the number of maintenance workers. The ministry stopped short of issuing formal targets, instead leaving it for airlines to develop their own proposals.Jeju Air said it would reduce the average daily flight time of…
Raymond James is stepping to the sidelines on Electronic Arts after the video game maker cut its full-year guidance . The firm downgraded shares to market perform from outperform, though it maintained its price target of $170 per share, which points to 19.4% upside from Wednesday’s close. Electronic Arts said it sees net bookings for the full fiscal year to range between $7 billion and $7.15 billion. Previously, the company had guided for $7.5 billion to $7.8 billion. The company cited underperformance in its soccer franchise “EA Sports FC” and “Dragon Age.” The stock was last trading more than 14%…
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)Justin Berl | Getty ImagesThe trading card collecting hobby has largely continued its pandemic-era resurgence, with increased interest not only in new cards featuring sports’ biggest stars, but also in high-end, ultra-rare cards. But much of that growth has been centered in the U.S., where baseball cards have historically reigned and hobby shops that sell trading cards and other collectibles are far more common than the rest…
Italian lender UniCredit’s “very aggressive, very opaque” bid for Commerzbank has been criticized by Germany’s Finance Minister Jörg Kukies, who stressed that hostile takeovers don’t usually work.”In the government, we need to protect the safety and stability of a systemic banking sector,” Kukies told CNBC Thursday at the World Economic Forum in Davos. “Hostile takeovers in systemic banks don’t tend to be successful.”UniCredit now owns a direct 9.5% stake and a 18.5% stake via derivatives in Commerzbank, after building a surprise stake in September and subsequently increasing its position.Armed with a sturdy CET1 ratio — a measure of a bank’s strength…
Omar Marques | Lightrocket | Getty ImagesBritain’s competition regulator on Thursday launched an investigation into Apple and Google’s huge mobile ecosystems to determine whether the tech titans are in breach of the U.K.’s strict new digital competition rules.The U.K. Competition and Markets Authority said it was opening dual probes into both U.S. tech giants seeking to assess the position they hold in their respective mobile ecosystems, including operating systems, app stores and smartphone-based browsers.The investigations will “explore the impact on people who use mobile devices and the thousands of businesses developing innovative services or content such as apps for these…
