Costco and Zions Bancorporation fall premarket; Rivian and Mattel rise

Go back to Costco and Zions Bancorporation fall premarket; Rivian and Mattel rise

Britain keeps timeline for 2035 fossil fuel Car phase-out despite delay

September 28, 2023 1:58 PM EDT

Britain revealed Thursday that the country will continue with its previous timetable to eliminating fossil fuel-burning cars by 2035, mitigating the consequences of last week's five-year delay, which now mandates that petrol and diesel vehicles must incorporate hybrid engines.

This announcement means that the policy shift introduced last week by Prime Minister Rishi Sunak's will not generate as much disruption to the industry as manufacturers had... More

Evercore ISI on Amazon.com (AMZN): 'We strongly reiterate our Outperform', 'compelling entry/adding opportunity'

September 27, 2023 5:03 PM EDT

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $190.00 price target on Amazon.com (NASDAQ: AMZN)

The analyst comments "We strongly reiterate our Outperform rating and $190 PT. We believe the recent 15% correction in AMZN shares driven by a number of macro, market & company... More

Marriott (MAR) outlines 3 year growth plan, says travel demand remains robust

September 27, 2023 8:42 AM EDT

Marriott (NASDAQ: MAR) reiterated its 2023 outlook and outlined its three-year growth plan in a press release and presentation Wednesday morning.

Presenting at its meeting with institutional investors and security analysts, MAR CEO Anthony Capuano told listeners that the company is experiencing solid momentum, with overall leisure travel remaining robust.

Capuano pointed to trends in Greater China, which he said... More