USA News and Press, Liberty All-Star Equity Fund From 01/12/23

Cleveland-Cliffs Inc ( NYSE: CLF ) has been in a sharp uptrend since early November but a Morgan Stanley analyst is convinced that it’s still not out of room to run just yet. Cleveland-Cliff stock could gain another 35% On Thursday, Carlos De Alba bumped his rating on this stoc...

Shares of Logitech International SA ( NASDAQ: LOGI ) tanked 20% this morning after the computer equipment company lowered its outlook for the full year. Logitech’s new guidance for fiscal 2023 The Swiss multinational now expects a 13% to 15% hit to sales this year. Its previous...

Tesla Inc ( NASDAQ: TSLA ) has uncrowned BMW to become the top luxury car brand in the United States – a title that’s escaped the U.S. automakers since late 1990s. Tesla overtook BMW last year in U.S. sales According to Automotive News Research and Data Center, the EV be...

American Airlines Group Inc ( NASDAQ: AAL ) is in the green on Thursday after the air carrier raised its guidance for the current quarter. CEO Robert Isom’s remarks on CNBC The airline now forecasts a 17% increase in revenue versus pre-pandemic – a significant leg up com...

S&P 500 is slightly down this morning after the U.S. Bureau of Labour Statistics said consumer prices rose in line with expectations last month. Expert reacts to the CPI print On a year-over-year basis, the consumer prices index was up 6.5% in December. A 0.1% decline for the mo...

US inflation 6.5%, what does it mean for markets? The most important number in finance, the US CPI number reporting on the latest bout of inflation, was released Thursday. The headline number landed at 6.5%, the lowest mark since October 2021. It marks the fifth consecutive month where in...

Walt Disney Co ( NYSE: DIS ) is trading up in extended hours after naming Mark Parker its Chairman of the Board. Disney is opposing activist Nelson Peltz Parker has previously served for four decades in a similar capacity at Nike Inc. Disney also confirmed in a release on Wednesday th...

Apple Inc ( NASDAQ: AAPL ) is the world’s largest technology company with well over a billion users worldwide. Founded in 1976 by Steve Jobs, Ronald Wayne, and Steve Wozniak – the multinational is headquartered in Cupertino, California, and has grown exponentially, particula...

Salesforce Inc ( NYSE: CRM ) is in focus on Wednesday after a Bernstein analyst said in his bearish note that the cloud company was slipping into a “growth purgatory”. Salesforce stock could lose another 20% Mark Moerdler now rates this tech stock an “underper...

Shares of Victoria’s Secret & Co (NYSE: VSCO) are up nearly 15% on Wednesday after the retailer authorised a new share repurchase programme. Victoria’s Secret approves $250 million buyback In the press release , the lingerie, clothing, and beauty products company sai...