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BIZARRE: 19 - What They Never Told You

Benzinga's Top Ratings Upgrades, Downgrades For August 17, 2022

Benzinga

Deutsche Bank's former India-born co-CEO Anshu Jain dies after battle with cancer

Jaipur-born Anshu Jain was diagnosed with duodenal cancer in 2017

The Hindu

Anshu Jain, Deutsche Bank chief in a pivotal era, dies at 59

Anshu Jain, Cantor Fitzgerald’s president who was known for his time leading Deutsche Bank traders into the lender’s investment banking heights, died five years after being diagnosed with duodenal cancer. He was 59.

Tribune News Service

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Former Deutsche Bank Co-CEO Anshu Jain dies

Anshu Jain, a fomer co-CEO of Deutsche Bank, has died, according to a statement by his family on Saturday

The Independent UK

This Is What Whales Are Betting On Booking Holdings

Someone with a lot of money to spend has taken a bullish stance on Booking Holdings (NASDAQ:BKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

GXO Logistics Continues To Write New Chapters In Its Evolving Story

On Oct. 12, 2021, GXO Logistics Chief Investment Officer Mark Manduca laid out the argument for why the Greenwich, Connecticut-based firm represented a new breed of logistics company."This is a hard business to wrap your head around. There is no company out there that is scalable contract logistics," he told…

Benzinga

UK economy shrank in second quarter according to poll of economists – as it happened

Rolling live coverage of business, economics and financial markets as analysts weigh risk of recessions across the world

The Guardian - UK

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What Are Whales Doing With Starbucks

Someone with a lot of money to spend has taken a bearish stance on Starbucks (NASDAQ:SBUX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Farmer J: The man on a mission to bring ‘forkin good food’ to London

The former Deutsche Bank employee drew inspiration from US fast food brands to create restaurant chain Farmer J

Evening Standard

Trump wanted to stay in power ‘at all costs’ because he was making ‘millions’ off being president, Jan 6 committee member says

“Donald Trump was engaged in bringing millions of dollars into his hotels and golf courses and other commercial licensing deals and so on from foreign governments,” said Maryland Democrat Jamie Raskin

The Independent UK

Walmart To $142? Plus This Analyst Raises Price Target On McDonald's

Keybanc raised the price target for McDonald's Corporation (NYSE: MCD) from $285 to $290. However, Keybanc analyst Eric Gonzalez maintained the stock with an Overweight rating. McDonald's shares fell 0.3% to $256.23 in pre-market trading.

Benzinga

Sajid Javid refuses to reveal location of offshore trust as leadership race intensifies

Exclusive: Sajid Javid declined to reveal location of his former trust a day after saying he welcomed more tax transparency in the Conservative party leadership contest

The Independent UK

Read How Analysts Reacted To Kohl's Conclusion Of Strategic Review Process

Telsey Advisory Group analyst Dana Telsey has lowered the price target on Kohl's Corp (NYSE:KSS) to $35 (19% upside) from $55 and kept the Market Perform rating on the shares. Kohl's abandoned its negotiations with Franchise Group, considering the challenges in the current retail and financing environment. Also, the retail chain has cut its Q2 sales guidance on ongoing inflationary…

Benzinga

Bruised emerging markets are battle-ready for a US recession

Emerging markets are well positioned to stare down a US recession and may even be able to lure investors their way.

Bangkok Post

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The Independent UK

Merger vote at Spirit could reshape discount airline market

Shareholders of Spirit Airlines will vote Thursday on a proposed merger with Frontier Airlines, and the outcome could affect fares for millions of air travelers who depend on the budget airlines

Benzinga

Deutsche Bank Maintains Buy Rating for Teck Resources: Here's What You Need To Know

Deutsche Bank has decided to maintain its Buy rating of Teck Resources (NYSE:TECK) and lower its price target from $52.00 to $48.00. Shares of Teck Resources are trading down 4.73% over the last 24 hours, at $31.65 per share.

Benzinga

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

The Guardian - UK

Banks and UK supermarkets accused of backing deforestation in Brazil

By funding and stocking products from Brazilian meat giant JBS, firms have also supported land-grabbing, investigation claims

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Benzinga

Deutsche Bank Maintains Hold Rating for Darden Restaurants: Here's What You Need To Know

Deutsche Bank has decided to maintain its Hold rating of Darden Restaurants (NYSE:DRI) and lower its price target from $152.00 to $124.00. Shares of Darden Restaurants are trading up 2.6% over the last 24 hours, at $118.60 per share.

StockNews.com

Inflation is running at a 40-year high, and the Fed’s aggressive moves to clamp down on inflation have led to a steep sell-off in the market. However, popular stocks Realty Income (O), Las Vegas Sands (LVS), and Lucid Group (LCID), which still look overvalued at their current price levels, are…

Benzinga

Procter & Gamble Whale Trades For June 23

A whale with a lot of money to spend has taken a noticeably bearish stance on Procter & Gamble. Looking at options history for Procter & Gamble (NYSE:PG) we detected 24 strange trades.

Benzinga

Dollar Tree Whale Trades For June 15

A whale with a lot of money to spend has taken a noticeably bearish stance on Dollar Tree. Looking at options history for Dollar Tree (NASDAQ:DLTR) we detected 13 strange trades.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 14, 2022

Upgrades

Benzinga

10 Biggest Price Target Changes For Tuesday

Piper Sandler reduced Braze, Inc. (NASDAQ: BRZE) price target from $65 to $42. Tesla shares rose 5.8% to $31.10 in pre-market trading.

Benzinga

This Is What Whales Are Betting On Palo Alto Networks

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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