Mediclinic International (LON:MDC) Upgraded to “Overweight” at JPMorgan Chase & Co.
Mediclinic International (LON:MDC) was upgraded by stock analysts at JPMorgan Chase & Co. to an “overweight” rating in a report released on Monday, January 7th. The brokerage presently has a GBX 394 ($5.15) target price on the stock, down from their prior target price of GBX 480 ($6.27). JPMorgan Chase & Co.‘s price target points to a potential upside of 24.80% from the stock’s current price.
MDC has been the topic of a number of other reports. Barclays lowered shares of Mediclinic International to an “equal weight” rating and lowered their price target for the stock from GBX 660 ($8.62) to GBX 460 ($6.01) in a research report on Thursday, October 18th. Citigroup upgraded shares of Mediclinic International to a “buy” rating in a report on Tuesday, October 2nd. Finally, HSBC upgraded shares of Mediclinic International to a “hold” rating and decreased their target price for the company from GBX 540 ($7.06) to GBX 390 ($5.10) in a report on Thursday, October 25th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Mediclinic International has a consensus rating of “Hold” and an average price target of GBX 488.80 ($6.39).
Shares of LON MDC opened at GBX 315.70 ($4.13) on Monday. Mediclinic International has a 52-week low of GBX 495.40 ($6.47) and a 52-week high of GBX 890.18 ($11.63).
Mediclinic International plc, together with its subsidiaries, operates private hospitals. The company offers acute care, specialist-orientated, and multidisciplinary healthcare services under the Mediclinic and Hirslanden brand names. It operates 17 private acute care hospitals and 4 clinics with approximately 1,805 inpatient beds in Switzerland; 49 acute care private hospitals and 2 day clinics in South Africa, and 3 hospitals in Namibia with approximately 8,131 inpatient beds; and 6 acute care private hospitals and 22 clinics with approximately 748 inpatient beds in the United Arab Emirates.
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JPMorgan Chase & Co. Reiterates Neutral Rating for Smith & Nephew (LON:SN)
Smith & Nephew (LON:SN)‘s stock had its “neutral” rating reiterated by analysts at JPMorgan Chase & Co.in a research report issued on Tuesday, January 8th. They currently have a GBX 1,477 ($19.30) price objective on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 3.94% from the company’s previous close.
Several other equities research analysts also recently commented on SN. Deutsche Bank reaffirmed a “sell” rating on shares of Smith & Nephew in a report on Friday, October 5th. HSBC downgraded Smith & Nephew to a “hold” rating and upped their target price for the company from GBX 1,400 ($18.29) to GBX 1,500 ($19.60) in a report on Tuesday, October 16th. UBS Group reaffirmed a “neutral” rating on shares of Smith & Nephew in a research report on Friday, October 26th. Berenberg Bank upped their target price on Smith & Nephew from GBX 1,370 ($17.90) to GBX 1,475 ($19.27) and gave the stock a “hold” rating in a research report on Friday, November 2nd. Finally, Morgan Stanley raised Smith & Nephew to an “overweight” rating and upped their target price for the stock from GBX 1,457 ($19.04) to GBX 1,692 ($22.11) in a research report on Monday, December 10th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,457.67 ($19.05).
PMorgan Chase & Co. Reaffirms Overweight Rating for Grainger (LON:GRI)
Grainger (LON:GRI)‘s stock had its “overweight” rating reiterated by analysts at JPMorgan Chase & Co. in a report released on Tuesday, January 8th. They presently have a GBX 285 ($3.72) price objective on the stock, down from their prior price objective of GBX 350 ($4.57). JPMorgan Chase & Co.‘s target price suggests a potential upside of 32.68% from the company’s previous close.
Several other equities analysts have also weighed in on the stock. Numis Securities upgraded shares of Grainger to a “buy” rating and upped their price objective for the company from GBX 350 ($4.57) to GBX 369 ($4.82) in a report on Thursday, September 13th. Peel Hunt restated an “add” rating on shares of Grainger in a report on Friday, September 28th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 302.50 ($3.95).
Shares of LON GRI opened at GBX 214.80 ($2.81) on Tuesday. Grainger has a 1-year low of GBX 243.05 ($3.18) and a 1-year high of GBX 385.25 ($5.03).
Grainger Company Profile
Grainger plc, together with its subsidiaries, owns, develops, manages, and rents residential properties in the United Kingdom. The company operates through three segments: Residential, Development, and Funds. It also provides property and asset management services. The company was founded in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
Featured Story: Different Types of Derivatives
Congratulations to Spider-Man, a.k.a. Peter Parker, and to Samuel L. Jackson’s Nick Fury, who both appear to have survived after turning to dust in Avengers: Infinity War. As seen in the newly released teaser trailer for Spider-Man: Far from Home, both Spidey and Nick are alive, well, and going to Europe in the film, which will hit theaters after Avengers: Endgame wraps up Phase 3 of the Marvel Cinematic Universe. (Peter’s on a school trip in the film, and Nick appears to be crashing.) Also alive? Aunt May (Marisa Tomei) and Jon Favreau’s Happy Hogan, both of whom log appearances in the trailer as well. But the real star might be Jake Gyllenhaal’snewly introduced Mysterio, who comes with quite a suit.
As seen at the end of Infinity War, Nick Fury managed to call for help before he was reduced to dust in the wind—specifically, it appears he paged Captain Marvel, who will make her own M.C.U. debut in March. Now it appears that he and Peter will finally meet—although their first introduction is probably not what Peter would have hoped for. (On top of crashing a school trip, Nick introduces himself by shooting Peter’s B.F.F. with what appears to be a tranquilizer dart. Rude!)
One silver lining? M.J. (played by the delightful Zendaya) made it through Thanos’s reckoning, as well, and it looks like things will continue to proceed adorably (if awkwardly) between her and Peter, whose crush remains very much intact. And what better place is there to both save the world and fall in love than Europe?
Sony Pictures finally unveiled the first Spider-Man: Far from Home trailer today, and there’s a lot to unpack. The film presumably (though unconfirmed) takes place after the events of Avengers: Endgame, and yet you’ll find absolutely no mention of Infinity War, Thanos, or Peter Parker dissolving into dust in the trailer. Instead, the trailer keeps the focus on the good times, as the story finds Parker and his high school buddies traveling abroad for a two-week European vacation. Unfortunately, trouble arrives and Nick Fury (Samuel L. Jackson) recruits Spider-Man to help save the day.
Since there’s so much going on in this trailer, we’ve gone through and pulled screengrabs from some of the more noteworthy frames to take a closer look. Among the many revelations is Parker working together with Aunt May (Marisa Tomei) in his Spider-Man suit, as the end of Homecoming saw May discovering Peter’s secret. We also see that when Peter packs for his vacation, he’s using what appears to be Uncle Ben’s suitcase, owing to the initials engraved on the side.
Notably, the film’s villains are Elementals, which in the comics are extradimensional humanoids who wreak havoc on Earth. Jake Gyllenhaal plays Mysterio, and he previously revealed that Mysterio and Spider-Man are working together to defeat the Elementals in the film. Apparently Mysterio is recruited by Nick Fury because he’s the world’s foremost expert on said Elementals.
But that… seems like a stretch. Mysterio is a classic Spider-Man villain, and I even get the vibe from this trailer that maybe he himself created the Elementals and is “defeating” them in a show of his might, perhaps as an audition of sorts to become part of the Avengers? If that’s the case, someone on the Far from Home team is mighty familiar with The Incredibles.
We do see Mysterio’s iconic suit towards the end of the trailer and it’s screengrabbed below for you to pore over, but it looks quite neat. Surely there are things we missed, so take a look at the Spider-Man: From from Home images below and sound off in the comments with your first impressions. The film hits theaters on July 5th.
Gillette draws fire for #MeToo commercial that challenges 'toxic masculinity'
Published 5 Hours Ago Updated 4 Hours Ago
Gillette has come under fire after releasing a commercial that draws on the #MeToo movement to challenge "toxic masculinity."
In the ad, the razor brand — a subsidiary of global giant Proctor & Gamble — calls out "bullying," "sexual harassment" and "toxic masculinity," and questions: "Is this the best a man can get?" The campaign goes on to encourage men to hold one another accountable for their behavior.
Gillette said on its website it was time brands acknowledged the role they played in influencing culture.
"As a company that encourages men to be their best, we have a responsibility to make sure we are promoting positive, attainable, inclusive and healthy versions of what it means to be a man," the company said.
However, the ad's message was met with backlash from some, with claims it was too political and painted all men as bullies or sexual harassers. The YouTube video, which has been viewed more than 2.8 million times, has almost 250,000 dislikes, while others took to social media to respond to the campaign.
Television personality and journalist Piers Morgan said on Twitter: "If Gillette made a commercial predicated on women being bad & this is how they can all be better... the same radical feminists loving this ad would go nuts."
"We expected debate — discussion is necessary. For every negative reaction we've seen many positive reactions, people calling the effort courageous, timely, smart, and much-needed," they said. "At the end of the day, sparking conversation is what matters. This gets people to pay attention to the topic and encourages them to consider taking action to make a difference."
Gillette said it would donate $1 million per year for the next three years to non-profits that carried out programs in the U.S. designed to help men become role models for the next generation by inspiring respect and accountability.
Tappan Zee Bridge demolition: Crowds watch span splash into history
For six decades it carried the dreams of New York City dwellers looking for a new life in the suburbs, groaned under the weight of an ever growing convoy of cars and trucks and stood oblivious to the curses of millions of commuters caught in its traffic jams.
The Tappan Zee Bridge splashed into history about 10:52 a.m. today, to the cheers of hundreds of spectators gathered on both sides of the Hudson River to witness its demolition.
"This is history, something you'll tell your grandchildren about," said Billy Millen of Yonkers, who came to Pierson Park in Tarrytown at about 6:30 a.m., bundled up against the cold, to watch. Millen, who said he drove over the 3-mile span countless times, said he wanted "to see it come down."
Once upon a time it was the majestic symbol of the Lower Hudson Valley. On this day, after years of patchwork repairs and quick fixes, the rusty crossing seemed tired and frail, dwarfed by its gleaming new replacement, the controversially named Gov. Mario M. Cuomo Bridge.
By 9:30 a.m. traffic was building as commuters scrambled across before the Cuomo bridge was to be closed while explosives were used to take down the Tappan Zee.
At Piermont Pier, people were doing jumping jacks to stay warm as they gazed across the choppy grey river at the Tappan Zee. Many just stayed in their cars, planning to come out in time for the demolition.
As they waited, many took "selfies" with their phones and reminisced about the Tappan Zee.
"We've gone over the bridge hundreds of times, at in just seems nostalgic and historic to see it live out its life," said Eileen Moore, who was there with her husband.
Brian Duddy said he came to Piermont "to watch an icon come down. Many residents of Westchester and Rockland grew up with it, including myself, and we'll always remember it."
As the demolition grew near, the chopping sound of helicopters cut through the air while the crowds grew bigger and officials closed the Cuomo bridge, Interstate 287 entrances and some local streets. By now, traffic in many areas was at a standstill.
School skipping children in Piermont chanted "Blow it up," in the minutes before the explosives were detonated.
The last gasp, at about 10:52 a.m., came quickly.
With a flash of fire, and a loud boom that was heard as far away as Mahopac, the bridge hit the water and was quickly engulfed in thick plumes of black smoke as the crowds cheered their approval. Soon, the steel carcass could be seen above the water line, supported by chains that had been placed in the river so the wreckage could be cut up and hauled away.
Jennifer and Jonathan Modica, of Haverstraw said wait was worth it.
"We saw the twin towers fall and the Freedom Tower rise . We saw the new bridge go up and wanted to see this fall," Jennifer said.
Not everyone was as tuned in to the moment.
Soon after the demolition, posts appeared on a Moms of Pleasantville Facebook page asking what the noise was.
"I'm in Briarcliff and heard a boom, my whole house shook," wrote one poster.
Another thought that someone had kicked her front door in.
Others explained that thesound was from the Tappan Zee.
"We have received several reports of a loud explosion around town," New Castle police tweeted about half an hour after the demolition. "The noise heard was most likely from the Tappan Zee bridge demolition."
Watch: NY's Tappan Zee Bridge Demolished With Explosives
The bridge's demolition had been set for Saturday but it was postponed due to high winds
Published 5 hours ago | Updated 3 hours ago
The bridge's demolition had been set for Saturday but it was postponed due to high winds. Workers used explosive charges to demolish the remains of the old bridge, which spans the Hudson River between Tarrytown in Westchester County and Nyack in Rockland County.
The demolition took place around 10:50 a.m., sending smoke billowing into the air where a portion of the bridge had stood.
Traffic was expected to be stopped for about 45 minutes, with crews temporarily closing entrance ramps to the northbound/westbound Thruway at exit 9 (Tarrytown-Sleepy Hollow-Route 9), Route 119 in Elmsford and Saw Mill Parkway (exit 22). Entrance ramps to the southbound/eastbound Thruway were also closed at exit 10 (Nyack-South Nyack-Route 9W) and exit 11 in Nyack (Nyack-South Nyack-US Route 9W).
State police were expected to stop traffic in both directions on Interstate 87/287 between exit 11 in Nyack (Nyack - South Nyack – US Route 9W) and exit 9 (Tarrytown – Sleepy Hollow – Route 9) in Tarrytown for approximately 45 minutes. State police will reopen the ramps and release traffic after TZC has determined that the area is safe.
Motorists were strongly advised to avoid travel in this area during that time. Those traveling in the area at the time were expected to face severe delays.
The new Gov. Mario M. Cuomo Bridge replaced the Tappan Zee.
The original bridge, which opened in 1955, was a poster child for America's crumbling infrastructure. Shifting steel plates gave drivers unnerving glimpses through road cracks of the chasm below.
There are plans to dismantle the western portion without explosives sometime this year.
Report: Gymboree preparing to file for bankruptcy and close all 900 of its stores
In order to wriggle free of it’s over $1 billion dollars of debt, retailer Gymboree has filed for Chapter 11 bankruptcy. Josh King has the story (@abridgetoland). Buzz60
New reports indicate that children's clothing retailer Gymboree Group Inc. is expected to file for bankruptcy protection and make plans to close all of its remaining stores as early as this week
According to a report from The Wall Street Journal, the San Francisco-based company will file for bankruptcy for the second time in two years and liquidate its Gymboree, Crazy 8, and Janie and Jack stores.
The company website lists Gymboree stores at The Fashion Mall at Keystone, Clay Terrace, Hamilton Town Center and Edinburgh Premium Outlets.
There are Crazy 8 stores at Castleton Square, Hamilton Town Center and Greenwood Park Mall, as well as a Janie and Jack stores at The Fashion Mall and Edinburgh Premium Outlets.
The Wall Street Journal reported that the Janie and Jack stores could be saved if the company can find a buyer for the brand. The company operates about 139 Janie and Jack stores nationwide.
The company now operates an estimated 900 retail stores in the United States and Canada under its three brands, according to the company website.
Gymboree was founded in the 1970s as a company that offered music and activity classes. It would go on to launch a chain of children's clothing stores in the 1980s.
In July 2016, Gymboree Play & Music split from Gymboree Group Inc. to become a standalone, privately-held company owned by Gymbo Global Education Group, which is an international education company.
Representatives for Gymboree Play & Music said the bankruptcy filing does not include the more than 800 franchised and company-operated Play & Music centers worldwide.
IndyStar has reached out to company officials for more information.
USA Today contributed to this story. Call IndyStar reporter Justin L. Mack at 317-444-6138. Follow him on Twitter: @justinlmack
The Wall Street Journal reports that Gymboree Group Inc. is expected to seek bankruptcy protection this week. It previously filed for bankruptcy in June 2017.The company operates its namesake stores as well as Crazy 8 and Janie and Jack shops.
Gymboree has already closed about 400 stores. The Gymboree website says there are still 19 store locations within 50 miles of Boston.
Gymboree was taken private in 2010 when it was bought by private equity firm Bain Capital for $1.8 billion.
(© Copyright 2019 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)
Reggie Bush after President Trump celebrates Clemson with fast food: 'Huge slap in the face'
In honor of winning the 2018 college football championship, the Clemson Tigers were treated to a fast food catered White House visit by President Donald Trump on Jan. 14. USA TODAY
Former NFL running back and college star Reggie Bush called President Donald Trump's gesture of serving the national champion Clemson Tigers fast food during their White House visit on Monday "disrespectful on so many levels" and a "huge slap in the face."
Trump provided the Clemson players and staff a buffet that included Wendy's, Burger King and McDonald's during their championship celebration at the White House and the Tuesday morning tweeted that they were "great players and big eaters."
The Tigers beat Alabama last week for their second national title in three years.
Bush tweeted Tuesday morning: "Just when you think you’ve seen it all, @ClemsonFB you guys deserve better you are world champs and this is the honor you receive from our nations leader!? This is disrespectful on so many levels, just a huge slap in the face after that kind of performance! SMH!"
Reggie Bush and the 2003 national champion Trojans visited the White House during George W. Bush's presidency.
Bush won the 2005 Heisman Trophy as a standout running back for Southern California, but later forfeited the award due to allegations that he received improper benefits. Those allegations eventually led USC to be dealt a two-year-postseason ban by the NCAA and the program's national championship in 2004 being vacated.
In the midst of the longest partial government shutdown in U.S. history, Trump welcomed coach Dabo Swinney, quarterback Trevor Lawrence and 75 other Tigers players.
Press secretary Sarah Sanders said in a statement that Trump covered the cost of the food because "the Democrats refuse to negotiate on border security" and "much of the residence staff at the White House is furloughed."
Trump alluded to that Tuesday in a tweet.
Contributing: Tom Schad
When the Clemson football players entered the White House’s opulent State Dining Room during their visit with President Trump on Monday, they were greeted by a sight many had likely never laid eyes on before.
In the center of the historic room that has hosted royalty, foreign dignitaries and celebrities, a long mahogany table gleamed under the glow of an enormous golden chandelier. A pair of ornate candelabras holding tapered white candles sat on the table amid numerous silver serving platters piled high with what Trump described as “Great American food.”
Boxes of McDonald’s Quarter Pounders, Big Macs and Filet-O-Fish sandwiches were stacked in neat rows next to pyramids of packaged salads. The Wendy’s girl and her wholesome grin decorated mounds of wraps. Silver gravy boats overflowed with packets of dipping sauce for Chicken McNuggets. On a separate table, Domino’s pizzas and french fries repackaged in cups bearing the presidential seal basked under what appeared to be heat lamps.
“I thought it was a joke,” one Clemson player could be overheard saying in a video shared on Twitter, accurately capturing many people’s reaction to the president’s earlier promise to serve college football’s national champions items found on various dollar menus. Only the meal was very real, and late-night hosts and the Internet had a lot to say about it.
“I think we are going to serve McDonald’s, Wendy’s and Burger King’s with some pizza. I really mean it,” Trump said outside the White House earlier in the day. “It will be interesting. I would think that’s their favorite food."
“What would possibly make you think that?” he asked incredulously. “I’ll tell you what made him think that. ... He’s paying the check, so he had to get the cheapest food they could find.” (White House press secretary Sarah Sanders said the president would be footing the bill because the ongoing partial government shutdown meant those who may have handled the event’s catering were furloughed, The Washington Post’s Josh Dawsey reported.)
The host continued, quipping, “And you know he’s taking whatever they don’t eat back to his bedroom. He’ll be like the rat in ‘Charlotte’s Web’ tonight rolling around in Quarter Pounders with cheese.”
Meanwhile, Stephen Colbert and Seth Meyers mocked the president for hosting a meal that appeared to cater less to the tastes of his guests and more to his own well-documentedpreferences.
He then slipped into his well-practiced Trump impersonation to describe an alternate version of Monday’s White House visit.
“We’re going to eat all of their favorite foods — burgers, KFC, taco bowls, two scoops of ice cream,” Colbert said in his Trump voice. “We’re going to watch their favorite movie, the 2016 election results. Then, I will spank them all with a rolled-up Forbes. I hear they’re really into that.”
On NBC, Meyers was equally quick to call out the president.
“He thinks he’s being so sly, ‘Normally, I would have a salad for dinner on Monday, but they told me they only eat every fast food!’ ” the host said, impersonating Trump.
For several people, the pictures of Trump’s offerings were familiar.
“I mean you’re not just gonna NOT eat the Big Macs stacked in a pile right?” tweeted Clemson offensive lineman Matt Bockhorst, who had been caught on camera smiling impishly as he loaded his plate with two Big Macs, which keen social media users quickly turned into a meme.
And for Bockhorst, the feasting didn’t end at the White House.
“Pocketed two chicken wraps and a quarter pounder,” he wrote in another tweet.