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Coty Inc

China sales help Starbucks, Yum, MGM, Disney, Tapestry

Pedestrians walk past Yum! Brands Inc. Pizza Hut and KFC restaurants in Shanghai, China.Qilai Shen | Bloomberg | Getty ImagesChina is leaving behind pandemic lockdowns, and U.S. companies like Procter & Gamble, Starbucks and MGM Resorts International say the country's recovery is boosting their overall sales as consumers in their home markets watch their wallets.With its large population and swelling middle class, China is a desirable market for many multinational companies that have seen their U.S. businesses mature.…

Tesla, Wynn, Traeger, Amazon and more

Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired. Jan Woitas | Picture Alliance | Getty ImagesCheck out the companies making headlines in midday trading.Tesla – Shares of Tesla shed 13% after the company announced fourth-quarter vehicle deliveries that fell short of Wall Street's expectations. The electric vehicle maker delivered 405,278 cars in the fourth quarter, where the median analyst estimate was around 427,000, according…

Tesla, Coty, PayPal and more

A Tesla vehicle is displayed in a Manhattan dealership on January 30, 2020 in New York City.Spencer Platt | Getty ImagesCheck out the companies making the biggest moves in the premarket:Tesla — Shares fell 5% after reporting a record 40% growth in deliveries. However, the numbers missed analyst expectations. JPMorgan analyst Ryan Brinkman cut his price target on the stock Tuesday, saying he sees more downside ahead.related investing newsCoty — The stock rose 2.7% after being upgraded by Piper Sandler to overweight from…

Twilio, Starbucks, Nikola, Moderna and more

A cup of Starbucks coffee sits on a table in a cafe.Joel Boh | ReutersCheck out the companies making headlines in midday trading.Starbucks — Shares jumped 6% after the coffee chain raised its long-term financial forecast on Tuesday, and said it expects double-digit growth for revenue and per-share earnings as it makes changes to its cafes.Nikola — Nikola leapt 10% after BTIG upgraded shares to buy from neutral, saying the electric vehicle company is "well positioned" to get a boost from truck decarbonization.Nucor —…

I like E.L.F Beauty over Coty

Ammo Inc: "I know it's a little bit of a far field in terms of where you are versus what it is, but Dick's is my favorite in that group."Inmode Ltd: "It's a good company, but the people hate the medical device companies. ... I think they're overly hated. That's why I like ."Coty Inc: "When we're in that area, you know we go with E.L.F. ... That's the stock to be in."Silvergate Capital Corp: "I am no longer a huge crypto guy. I was in it as long as it was right. Now that it's wrong, I'm not there.Disclosure: Cramer's…

Revlon files for Chapter 11 bankruptcy protection

Daniel Acker | Bloomberg | Getty ImagesCosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain.The company said it expects to receive $575 million in debtor-in-possession financing from its existing lender base, which will help to support its day-to-day operations."Today's filing will allow Revlon to offer our consumers the iconic products we have delivered for decades, while providing a clearer path for our future…

Palantir, Rivian, Uber and more

Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019.Kiyoshi Ota | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading Monday.Palantir – Shares of the software company dropped more than 18% after Palantir's first-quarter earnings came in below expectations. The company reported 2 cents of adjusted earnings per share on $446 million of revenue. Analysts surveyed by Refinitiv expected 4 cents of earnings…