Despite a solid stock bounce, Baird is taking a pause on shares of Darden Restaurants.
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China’s Covid infections drop for the first time in more than a week
The country reported local infections, mostly asymptomatic, that totaled 38,421 for Monday, down from a record high of 40,052 reported for Sunday.
Continue readingChina says Covid vaccination rates for seniors has climbed over the last two weeks
Tuesday’s announcement and press conference followed a weekend of unrest as pockets of people in China vented their frustration with Covid policy.
Continue readingCramer’s lightning round: Enphase Energy is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Continue readingCramer says these 5 factors could help the Dow keep beating the other major indexes
Cramer explained that the overarching reason the blue-chip index has performed the best this year is because it’s full of old-fashioned, profitable companies.
Continue readingCramer’s week ahead: Strong labor report could lead Fed to more aggressive rate hikes
“We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries,” Cramer said.
Continue readingHoping to beat the tourist crowd on your trip to Japan? That ship has sailed
In October, Japan recorded 498,600 visitors, up from 206,500 arrivals in September, preliminary data from the Japan National Tourism Organization showed.
Continue readingAsset manager names 9 ‘cheap’ stocks to buy as recession fears grow
Steven Glass, managing director of Pella Funds Management, urged investors to be “hyper-vigilant” about valuations right now.
Continue readingDisney hiring freeze will stay in place, CEO Bob Iger tells employees
Disney CEO Bob Iger said he won’t remove the company’s hiring freeze and that he will reassess its cost structure.
Continue readingTech companies begin rerouting critical chip supplies to trucks with rail strike looming
Semiconductor chip suppliers are among companies starting to send more cargo to trucks ahead of a potential freight railroad strike.
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