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May 23, 2022

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Who needs LeBron? Luka Doncic, Ja Morant, playoff ratings put NBA in a strong position for next media rights cycle

CNBC
CNBC – For more and to sign up click here Ja Morant #12 of the Memphis Grizzlies drives to the basket to shoot against the Golden State Warriors in the second half of Game Three of the Western Conference Semifinals of the NBA Playoffs at Chase Center on May 07,......

RB Leipzig must win DFB-Pokal after strong Bundesliga finish to a tough season

ESPN
RB Leipzig shrugged off a tough season start to be the best of the Bundesliga since the winter break. But they need a big trophy now to cement their upward momentum. SASCHA SCHUERMANN/AFP via Getty Images ESPN’s lead Bundesliga commentator Derek Rae is in Berlin for the DFB-Pokal Final (stream LIVE,......

Flowers Foods cuts guidance after strong quarter

FoodBusinessNews
THOMASVILLE, GA. — After generating record results in the first quarter 2022, Flowers Foods, Inc. anticipates headwinds in the second and third quarters and has lowered its earnings guidance for the year. Flowers Foods net income in the quarter ended April 23 was $85.6 million, equal to 40¢ per share......

Wall St rises on gains in banks, strong retail sales data

Reuters
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register Walmart slides after cutting earnings forecast April retail sales rise in-line with estimates Indexes up: Dow 0.91%, S&P 1.23%, Nasdaq 1.60%......

In Madison Cawthorn’s District, Strong Opinions of Him, For and Against

New York Times
HENDERSONVILLE, N.C. — When Representative Madison Cawthorn’s name comes up in this city of 14,000, where he was born and raised and it is not difficult to bump into someone who knew him from his home-schooling days, there tends to be a visceral reaction. There are sighs from Republicans who......

Warriors Close Fourth Quarter Strong to Eliminate Grizzlies, Advance to Conference Finals

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTg5NDY2OTUxNDE4OTE0NDAx/klay.jpg Mike McDaniel After an injury-plagued last couple of seasons, the Warriors looked like the championship team of old on Friday night, as they used a dominant offensive stretch in the fourth quarter to pull away from the Grizzlies, 110–96, to advance to the Western Conference Finals for the first......

Sales stay strong, but another quarterly loss for Utz

FoodBusinessNews
HANOVER, PA. — Retail sales continued to roll at Utz Brands, Inc. in the first quarter of fiscal 2022 as organic net sales surged nearly 21% behind the company’s Utz and On The Border brands. Higher costs, though, remained an issue for the salty snacks maker as it posted its......

Russian Shipping Traffic Remains Strong as Sanctions Take Time to Bite

New York Times
New York Times – For more and to sign up click here Data from MarineTraffic, for example, a platform that shows the live location of ships around the world using those on-ship tracking systems, indicates that traffic from Russia’s major ports declined after the invasion but did not plummet. The......

We’re adding to another tech stock that had a strong quarter, a favorite earnings strategy of ours

CNBC
CNBC – For more and to sign up click here In addition to the positive headline numbers, the underlying dynamics of the company’s business confirmed the CEO’s narrative. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Wynn Resorts’ strong quarter in Vegas, Boston was wiped out by Covid restrictions in Macao

CNBC
CNBC – For more and to sign up click here The biggest question for Wynn continues to be about China’s unsustainable zero Covid policy. Source – Click here for more To Return to the Main Aggregate News Page – click here...

Bill Gates sees a ‘pretty strong argument’ for a global economic slowdown hitting this year — here’s why

CNBC
CNBC – For more and to sign up click here Add the global economy to Bill Gates’ growing list of concerns these days. On Sunday, the billionaire Microsoft co-founder told CNN’s “Fareed Zakaria GPS” that he believes factors like Russia’s war in Ukraine and the pandemic’s economic fallout create a......

U.S. oil settles below $100 a barrel on economic worries, strong dollar

Reuters
A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register EU members struggle to reach deal on Russian oil ban Fed’s Mester: 50-basis-point rate......

Strong winds force grounding of aircraft fighting New Mexico wildfire

Reuters
A plane drops water to combat the Hermits Peak and Calf Canyon wildfires, near Las Vegas, New Mexico, U.S. May 4, 2022. REUTERS/Kevin Mohatt Register now for FREE unlimited access to Reuters.com Register May 7 (Reuters) – Airborne firefighters dumped water and retardants on a raging New Mexico wildfire on......

Kentucky Derby Best Bets: Messier Provides Strong Betting Opportunity

http://www.si.com/.image/c_limit%2Ccs_srgb%2Ch_1200%2Cq_auto:good%2Cw_1200/MTg5Mjk0OTc2OTAxODUwOTc5/messier.png Frankie Taddeo The “Fastest Two Minutes in Sports” is only one day away. The prestigious race will feature three horses with single-digit odds and 17 other contenders at potentially double-digit odds in a wide-open betting affair. Zandon for trainer Chad Brown was installed as the morning-line favorite (3-1), just......

Manufacturing drives strong U.S. hiring; wage growth cools

Reuters
Nonfarm payrolls increase 428,000 in April Unemployment rate steady at 3.6%; participation rate falls Average hourly earnings rise 0.3% Average workweek unchanged at 34.6 hours WASHINGTON, May 6 (Reuters) – U.S. job growth increased more than expected in April as manufacturers boosted hiring, underscoring the economy’s strong fundamentals despite a......

Job growth and wages were strong in April, but some workers just disappeared

CNBC
CNBC – For more and to sign up click here April’s job growth was strong and wage gains were solid, yet for some reason fewer Americans were working or looking for jobs than in March.  That means workers did not return to the labor force in the numbers expected, and......

Wall St tumbles again as strong jobs growth fuels rate hike fears

Reuters
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 5, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Under Armour tumbles on dismal 2023 profit outlook Indexes down: Dow 1.14%, S&P 1.34%, Nasdaq 1.56%......

Job growth accelerated by 428,000 in April, more than expected as jobs picture stays strong

CNBC
CNBC – For more and to sign up click here The U.S. economy added slightly more jobs than expected in April amid an increasingly tight labor market and despite surging inflation and fears of a growth slowdown, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls grew by 428,000 for......

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