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Qilai Shen /Bloomberg / Getty ImagesKey TakeawaysLululemon shares jumped a day after the company delivered third-quarter earnings that beat expectations and raised its full-year outlook.Multiple analysts have raised their price targets for Lululemon, pointing to both U.S. and international growth, notably in China.Stifel analysts said Lululemon is positioned to add new customers as well as to increase revenue per customer.Lululemon (LULU) shares rocketed higher Friday, a day after the athletic apparel company beat third-quarter earnings estimates, and analysts have weighed in with bullish price targets. Morgan Stanley said the results, plus an improved full-year forecast from the company, “left little for…
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CFOTO / Future Publishing via Getty ImagesKey TakeawaysA federal appeals court found that TikTok can be banned in the U.S. for reason of national security.The law passed earlier this year and signed by President Biden ordered TikTok parent ByteDance to shed the social media site, or it wouldn’t be able to operate in the U.S.The court ruled the law didn’t violate the First Amendment rights of TikTok or its users.A federal appeals court has ruled that TikTok can be banned by the government for national security reasons.A three-judge panel in the District of Columbia Circuit upheld a law passed by…
Bloomberg / Contributor / Getty ImagesKEY TAKEAWAYSThe Consumer Financial Protection Bureau (CFPB) is suing Comerica Bank for deliberately disconnecting customer service calls, charging illegal fees, disregarding and misleading fraud victims, and imposing illegal terms of service on its Direct Express cardholders.The 3.4 million Direct Express cardholders under Comerica Bank are largely disabled and older Americans who receive monthly benefits through prepaid debit cards.The bureau is asking for the bank to stop these practices, refund affected customers and pay civil penalties into the CFPB’s victim relief fund. The Consumer Financial Protection Bureau (CFPB) is suing Comerica Bank for allegedly hanging up…
Democrats are in a position to possibly flip two of Iowa’s four House seats, according to a new poll. The state’s four House seats are currently controlled by Republicans. Democrats have the upper hand in the 1st and 3rd Congressional Districts, while Republicans remain ahead among voters in the 2nd and 4th Districts, according to a new Des Moines Register/Mediacom Iowa Poll. In the 1st Congressional District, 53% of respondents said they preferred the Democratic candidate, while 37% said they would vote or have already voted for the Republican. Democratic challenger Christina Bohannan, therefore, has a 16-point lead over Republican incumbent Rep. Mariannette Miller-Meeks…
Federal government officials and local police are ramping up security measures at key locations across Washington, D.C., and Florida ahead of Tuesday’s election.On Sunday, crews were seen working on fencing off the Naval Observatory, where Vice President Kamala Harris lives. D.C. Mayor Muriel Bowser told Fox 5 that the district has been preparing for the election for months, and heightened security measures will be in place through the inauguration in January. D.C. Police Department has put out a traffic notice on social media ahead of Harris’ election night party at Howard University, as street closures, no parking zones and transit detours…
Costfoto / NurPhoto / Getty ImagesKey TakeawaysU.S.-listed shares of a number of Chinese electric vehicle manufacturers rose Monday after October sales rose from last year.Deliveries from BYD, Li Auto, XPeng, and Nio all rose from the same time last year, while Tesla’s China-made vehicle sales fell from last year.Tesla stock fell Monday morning, while the others all rose.Investors on Wall Street were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng (XPEV), Li Auto (LI), and others released October delivery data late Friday.BYD’s EV sales rose roughly 12% from last year while sales of the…
An NFL fan who was at Highmark Stadium to watch the Buffalo Bills take on the Miami Dolphins on Sunday was asked to remove his shirt supporting former President Donald Trump’s re-election.The incident was seen in a video shared by the Erie County GOP. It appeared one man was concerned about the Trump supporter’s T-shirt while he was sitting in the first row of the stadium.”It’s an NFL policy he cannot wear his Trump shirt in the first row of a game,” a man in the video can be heard saying to a security guard right below the fence separating…
Analysts expect volatility this week with Tuesday’s closely contested election.AP ImagesMarket analysts predicted choppy trading and sharp swings going into the US presidential election.Donald Trump and Kamala Harris are locked in a tight race, fueling uncertainty among traders.One analyst said economic fundamentals matter more to markets than who becomes president.Market analysts are braced for volatility ahead of Tuesday’s presidential election as traders shuffled their bets on a Donald Trump or Kamala Harris victory.The Republican and Democratic candidates are neck and neck in many polls, fueling uncertainty in the finance world over who’ll emerge triumphant, and clouding the outlook for everything…
New York Jets team owner Woody Johnson said Democrats have “no way” of beating former President Donald Trump and have resorted to calling him and his supporters names.Johnson, who was the U.S. ambassador to the United Kingdom in the Trump administration, appeared on Fox News Channel’s “Jesse Watters Primetime” and was asked whether he heard anyone talk about voters the way New York Gov. Kathy Hochul talked about them recently.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COMHochul called Trump voters “anti-American” and “anti-women.””This has been going on as long as I’ve known the president, because they have no way to…