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Uber's second-quarter results beat on ride-sharing demand

UPDATE 2-Uber's second-quarter results beat on ride-sharing demand Updates shares in paragraph 1; adds details on results in paragraph 4, analyst comment in paragraph 10 By Yuvraj Malik Aug 6 (Reuters) - Uber's UBER.N second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, sending the company's shares up 5% on Tuesday.
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Uber's second-quarter revenue beats on ride-sharing demand

Uber's second-quarter revenue beats on ride-sharing demand Aug 6 (Reuters) - Uber UBER.N beat Wall Street estimates for second-quarter revenue and core profit on Tuesday, helped by steady demand for its ride-sharing and food-delivery services. With more people returning to offices and stepping out of their homes, ride-sharing demand has got a boost over the past several months benefiting companies such as Uber and rival Lyft LYFT.O .
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Avocado goldrush links US companies with Mexico's deforestation disaster

Avocado goldrush links US companies with Mexico's deforestation disaster By Cassandra Garrison URUAPAN, Mexico, Aug 6 (Reuters) - On a sweltering July afternoon, two large yellow bulldozers dug into the brown soil at the bottom of a lush avocado orchard near the small town of Madero, located in central Mexico's Michoacan state. Drone footage recorded by Reuters captured the earth movers hollowing the ground, in what Mexican environmental group Guardian Forestal - which collaborates with the Mich
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Walmart's low price promise in focus after Amazon's warning

UPDATE 3-Walmart's low price promise in focus after Amazon's warning Adds investor comments in paragraph 6, 15 and 16, Walmart forecast in paragraph 7, updates stock move in last paragraph By Aishwarya Venugopal and Siddharth Cavale Aug 2 (Reuters) - Walmart's "Everyday Low Price" promise will be put to the test when it reports quarterly results, after rival Amazon.com's warning that customers had turned bargain hunters, pressuring the online shopping behemoth to forecast a weak current quarter.
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US targets surging grocery prices in latest probe

US targets surging grocery prices in latest probe By Jody Godoy Aug 1 (Reuters) - The U.S. Federal Trade Commission will probe why grocery prices remain high even as costs for retailers fall, Chair Lina Khan said on Thursday, a key theme for the Biden -Harris administration as it heads towards the presidential election. Once the FTC votes to authorize the study, major grocery chains would be ordered to provide information on their costs and prices on common products.
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Toymaker Mattel beats quarterly profit estimates on cost controls

UPDATE 2-Toymaker Mattel beats quarterly profit estimates on cost controls Adds analyst comment in paragraphs 9 and 10, updates share movement in paragraph 4 By Granth Vanaik July 23 (Reuters) - Mattel MAT.O topped Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight control on costs while posting a surprise drop in sales.
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Toymaker Mattel tops quarterly profit estimates on cost controls

Toymaker Mattel tops quarterly profit estimates on cost controls By Granth Vanaik July 23 (Reuters) - Mattel MAT.O beat Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight cost controls while posting a surprise drop in sales. The Barbie maker has set a target of saving $200 million in costs by 2026 through initiatives such as streamlining its supply chain and plans to exit or out-license underperforming product lines.
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Canada - July 19

PRESS DIGEST-Canada - July 19 July 19 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Canada's major grocers, Costco Canada COST.O and Walmart Canada WMT.N , have now agreed to sign on to the new self-regulatory scheme, which are designed to smooth relations between retailers and their suppliers.
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Golden rule: Why younger investors are drawn to gold

Golden rule: Why younger investors are drawn to gold By Chris Taylor NEW YORK, July 18 (Reuters) - What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have guessed: Gold. Among wealthy investors under the age of 43, 45% own gold as a physical asset, and another 45% are interested in holding it, according to a recent study by Bank of America Private Bank.
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Costco Wholesale Principal Accounting Officer Daniel Hines Reports Open Market Sale Of 1,500 Shares Of Co's Common Stock At $844.2/Share

BRIEF-Costco Wholesale Principal Accounting Officer Daniel Hines Reports Open Market Sale Of 1,500 Shares Of Co's Common Stock At $844.2/Share July 15 (Reuters) - Costco Wholesale Corp COST.O : COSTCO WHOLESALE: PRINCIPAL ACCOUNTING OFFICER DANIEL HINES REPORTS OPEN MARKET SALE OF 1,500 SHARES OF CO'S COMMON STOCK AT $844.2/SHARE ON JULY 12 COSTCO
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U.S. stocks weekly: Rotation

RPT-BUZZ-U.S. stocks weekly: Rotation Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX rises second straight week, gains 0.9% on bolstered rate cut hopes .N ** Benchmark U.S. 10-Year Treasury yield US10YT=RR hit four-month low after surprise fall in Jun inflation, reinforcing expectations the Fed will begin cutting rates in Sept ** Dow Industrials .DJI 40k or bust?
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U.S. stocks weekly: Rotation

BUZZ-U.S. stocks weekly: Rotation ** S&P 500 .SPX rises second straight week, gains 0.9% on bolstered rate cut hopes .N ** Benchmark U.S. 10-Year Treasury yield US10YT=RR hit four-month low after surprise fall in Jun inflation, reinforcing expectations the Fed will begin cutting rates in Sept ** Dow Industrials .DJI 40k or bust? Blue-chip average jumps 1.6%, ends just decimals north of 40k , fails to set fresh record close ** Though, are crushed correlations .COR3M , a concern for stocks?
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U.S. Boston Beer Company, Inter Parfums, Netflix

U.S. RESEARCH ROUNDUP-Boston Beer Company, Inter Parfums, Netflix July 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Boston Beer Company, Inter Parfums and Netflix, on Friday. HIGHLIGHTS * Boston Beer Company Inc SAM.N : Piper Sandler cuts PT to $344 from $350 * Inter Parfums Inc IPAR.O : Jefferies raises to buy from hold * Netflix Inc NFLX.O : JP Morgan raises target price to $750 from $650 * Smurfit Westrock SW
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U.S. STOCKS Pure Cycle, Tesla, Five9

BUZZ-U.S. STOCKS ON THE MOVE-Pure Cycle, Tesla, Five9 Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 fell from record highs on Thursday, weighed by megacap stocks, as investors favored small-caps after a softer-than-expected inflation reading bolstered hopes that the U.S.
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U.S. STOCKS Delta Air Lines, Crypto stocks, Solar stocks

BUZZ-U.S. STOCKS ON THE MOVE-Delta Air Lines, Crypto stocks, Solar stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main stock indexes struggled for direction on Thursday as investors favored rate-sensitive small-cap stocks over expensive megacaps after a softer-than-expected inflation reading bolstered hopes for monetary policy easing in September.
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U.S. STOCKS Alcoa, 40, Broadcom

BUZZ-U.S. STOCKS ON THE MOVE-Alcoa, WD-40, Broadcom Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street futures turned positive on Thursday after data showed inflation eased in June, boosting expectations of
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U.S. STOCKS Costco, PepsiCo, Alcoa

BUZZ-U.S. STOCKS ON THE MOVE-Costco, PepsiCo, Alcoa Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. index futures slipped on Thursday on expectations that a key inflation print could shaperate-cuts bets and put Wall Street's record-breaking run to the test, while Delta Air Lines slumpedafter a weak forecast, dragging other airline stocks.
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Costco rises after hiking annual membership fee

BUZZ-Costco rises after hiking annual membership fee ** Shares of membership-only retailer Costco Wholesale COST.O rise 2.8% to $908.9 premarket ** COST to hike annual membership fees for the first time in seven years for its U.S. and Canada customers, in effect from Sept. 1 ** COST increases fees to $65 from $60 for "gold star" and business member
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U.S. CoreCivic, Eli Lilly, 40

U.S. RESEARCH ROUNDUP-CoreCivic, Eli Lilly, WD-40 July 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CoreCivic , Eli Lilly and WD -40, on Thursday. HIGHLIGHTS * Antero Resources Corp AR.N : Gerdes Energy Research raises to buy from neutral * CoreCivic Inc CXW.N : Jonestrading initiates coverage with hold rating * Costco Wholesale Corp COST.O : Jefferies raises target price to $1050 from $860 * Eli Lilly LLY.N :
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Wall Street Journal - July 11

PRESS DIGEST- Wall Street Journal - July 11 July 11 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Cryptocurrency exchange BitMEX has pleaded guilty to a U.S. criminal charge over its failure to maintain an adequate anti-money-laundering program, federal prosecutors said on Wednesday.
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