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US retailers rise as interest rate cut signals increased spending

BUZZ-US retailers rise as interest rate cut signals increased spending ** Shares of U.S. retail companies rise after the U.S. Federal Reserve cut interest rates by 50 bps ** Shares of retailers including Macy's M.N , Bath & Body Works BBWI.N , Lowe's LOW.N , Home Depot HD.N and Best Buy BBY.N rise between 1%-3% ** Fed's rate cut comes at an opportu
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U.S. Adicet Bio, Exxon Mobil, Oracle

U.S. RESEARCH ROUNDUP-Adicet Bio, Exxon Mobil, Oracle Sept 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adicet Bio, Exxon Mobil and Oracle, on Wednesday. HIGHLIGHTS * Adicet Bio Inc ACET.O : H.C. Wainwright cuts to neutral from buy * Exxon Mobil XOM.N : Gerdes Energy Research raises to buy from neutral * One Gas Inc OGS.N : Wells Fargo raises to overweight from equal weight * Oracle Corp ORCL.N : Citigroup rais
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Ulta Beauty lowers annual forecasts on slowing demand for beauty products

UPDATE 2-Ulta Beauty lowers annual forecasts on slowing demand for beauty products Adds CEO quote in paragraph 5 and quarterly results in paragraph 7 & 8 Aug 29 (Reuters) - Ulta Beauty ULTA.O cut its annual sales and profit forecasts on Thursday, hurt by slowing demand for higher-priced cosmetics and fragrances at its stores. The company's shares, which have already fallen about 22% this year, were down 7% in extended trading.
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PREVIEW: Ulta Beauty glows heading into report after the bell

BUZZ-PREVIEW: Ulta Beauty glows heading into report after the bell ** Shares of Ulta Beauty ULTA.O up ~1.3% on Thurs with co's Q2 report due after the bell, as investors eye slowing demand for beauty and cosmetics products ** Cosmetics firms including Coty COTY.N , E.l.f. Beauty ELF.N , France's L'Oreal OREP.PA and Estee Lauder EL.N have delivered disappointing results/forecasts recently, signaling strained consumer spending, mainly in China ** ULTA's shares got a boost earlier this month, jumpi
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Bath & Body Works cuts annual sales forecast on tepid demand

Bath & Body Works cuts annual sales forecast on tepid demand Aug 28 (Reuters) - Bath & Body Works BBWI.N cut its annual sales forecast on Wednesday, a sign of weaker demand for its pricey products such as fragrances and scented candles in the face of still-high inflation. Consumers, grappling with rising costs of living, are still cautious on spending on expensive discretionary items ranging from electronics and apparel to home goods and instead prioritizing shopping for essential products such
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U.S. STOCKS NetEase, Wolfspeed, B. Riley

BUZZ-U.S. STOCKS ON THE MOVE-NetEase, Wolfspeed, B. Riley 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 indexes fell in volatile trading on Thursday, as rising Treasury yields pressured stocks ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole that could offer clues on the possibility of a rate cut next month.
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U.S. STOCKS Evogene, Stryker, Opera

BUZZ-U.S. STOCKS ON THE MOVE-Evogene, Stryker, Opera 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 indexes fell in volatile trading on Thursday, as rising Treasury yields pressured stocks ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole that could offer clues on the possibility of a rate cut next month.
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Franklin Resources Inc BEN.N +2.5% CenterPoint Energy Inc CNP.N +2% Nordson Corp NDSN.OQ +1.9% Host Hotels & Resorts Inc HST.OQ +1.6% Estee Lauder Companies Inc EL.N +1.6% Bottom Performers Percent Change Intel Corp INTC.OQ -4.2% Moder
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U.S. STOCKS Snowflake, Zoom, Synopsys

BUZZ-U.S. STOCKS ON THE MOVE-Snowflake, Zoom, Synopsys 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 indexes eyed a higher open on Thursday, as investors were more hopeful the Federal Reserve would kick off its interst-rate cut cycle next month, while awaiting policymakers' commentary at Jackson Hole this week.
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U.S. STOCKS Wolfspeed, Synopsys, Zuora

BUZZ-U.S. STOCKS ON THE MOVE-Wolfspeed, Synopsys, Zuora 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. stock index futures crept higher on Thursday as sentiment remained upbeat about the Federal Reserve possibly kicking off its policy easing cycle next month, while investors awaited policymakers' commentary at Jackson Hole this week.
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Estee Lauder gains; Piper Sandler upgrades to 'overweight', lifts PT

CORRECTED-BUZZ-Estee Lauder gains; Piper Sandler upgrades to 'overweight', lifts PT Corrects rating to 'overweight' from 'outperform' in headline and second bullet ** Shares of Estee Lauder EL.N up ~1.86% to $93.21 premarket ** Piper Sandler upgrades EL to "overweight" from "neutral" ** Says EL's recent management change and valuation that suggests
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U.S. Aadi Bioscience, Target, Visteon

U.S. RESEARCH ROUNDUP-Aadi Bioscience, Target, Visteon Aug 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Aadi Bioscience, Target and Visteon, on Thursday. HIGHLIGHTS * Aadi Bioscience Inc AADI.O : Jefferies cuts to hold from buy * Assurant Inc AIZ.N : Piper Sandler cuts to neutral from overweight * Estée Lauder EL.N : Piper Sandler raises to overweight from neutral * Target Corp TGT.N : Jefferies raises target
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Estée Lauder makeover will be more than skin deep

RPT-BREAKINGVIEWS-Estée Lauder makeover will be more than skin deep The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Sharon Lam TORONTO, Aug 20 (Reuters Breakingviews) - Estée Lauder's EL.N makeover will require some careful application. The $33 billion cosmetics giant is looking for a new chief executive after Fabrizio Freda announced he plans to retire after 16 years in charge.
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U.S. Agree Realty, Global Payments, Snowflake

U.S. RESEARCH ROUNDUP- Agree Realty, Global Payments, Snowflake Aug 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Agree Realty, Global Payments and Snowflake on Wednesday. HIGHLIGHTS * Agree Realty Corp ADC.N : Raymond James raises target price to $81 from $70 * Coinbase Global Inc COIN.O : Jefferies cuts target price to $220 from $245 * Global Payments Inc GPN.N : Jefferies raises target price to $130 from $120
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Coty misses revenue estimates on cautious retail orders, Lacoste license sale

Coty misses revenue estimates on cautious retail orders, Lacoste license sale By Ananya Mariam Rajesh Aug 20 (Reuters) - CoverGirl parent Coty COTY.N missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on growth in prestige and mass-market perfumes.
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PREVIEW: Coty shares edge down; fiscal Q4 EPS, rev seen rising

BUZZ-PREVIEW: Coty shares edge down; fiscal Q4 EPS, rev seen rising ** Shares in cosmetics company Coty Inc COTY.N down 0.7% on Tuesday ahead of fiscal Q4 financial results due after market close ** Wall Street sees co reporting adj. EPS of $0.04 up from $0.01 in year-ago quarter on rev of $1.38 bln, which would be up 1.8% y/y, according to LSEG data ** In last 8 quarters Coty's EPS beat estimates four times with biggest miss in Q4 2023, while rev beat consensus every time ** Slowing China deman
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U.S. STOCKS Eli Lilly, Dentsply Sirona, Medtronic

BUZZ-U.S. STOCKS ON THE MOVE-Eli Lilly, Dentsply Sirona, Medtronic 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 indexes slipped in volatile trading on Tuesday, ahead of a symposium at Jackson Hole later this week and minutes from the Federal Reserve's meeting last month which could offer clues on a September interest rate cut.
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Estée Lauder makeover will be more than skin deep

BREAKINGVIEWS-Estée Lauder makeover will be more than skin deep The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Sharon Lam TORONTO, Aug 20 (Reuters Breakingviews) - Estée Lauder's EL.N makeover will require some careful application. The $33 billion cosmetics giant is looking for a new chief executive after Fabrizio Freda announced he plans to retire after 16 years in charge.
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U.S. Alight, Mastercard, Visa

U.S. RESEARCH ROUNDUP-Alight, Mastercard, Visa Aug 20 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alight, Mastercard and Visa, on Tuesday. HIGHLIGHTS * Alight Inc ALIT.N : JP Morgan cuts to neutral from overweight * Biomarin Pharmaceutical Inc BMRN.O : Bernstein raises to outperform from market-perform * Liquidia Corp LQDA.O : Raymond James raises to strong buy from outperform * Mastercard MA.N : JP Morgan raises
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Financial Times - Aug 20

PRESS DIGEST-Financial Times - Aug 20 Aug 20 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Labour gives green light to London City Airport expansion - Ashtead defends potential $14 mln pay deal for chief - Estée Lauder issues gloomy outlook as chief Fabrizio Freda announces retirement - UK media regulator on hiring spree amid pressure to bolster online safety - Mike Lynch among miss
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