Emergence Global (OTC:ELOAF) Stock, Quote.Headers.trade-ideas

Emergence Global Enterprises Inc is engaged in the business activity of acquiring, creating and building reputable consumer brands using innovation, integrated platforms and full traceability for the health food marketplace. Business is organized into segments being; Nature and Alternative, Health and wellness, Fitness and nutrition and Product Development. Revenue consists of income from the sales of sports nutrition and health products to distributors and retailers.

EMERGENCE GLOBAL ENTRPSE by EMERGENCE GLOBAL ENTERPRISES INC.

Emergence Global Enterprises Inc

Barclays analyst Tim Long upgrades Hewlett Packard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) from Equal-Weight to Overweight and raises the price target from $20 to $24.

News

Upgrades

Price Target

Analyst Ratings

Barclays Upgrades Hewlett Packard to Overweight, Raises Price Target to $24

WIIM

OKLO

Oklo shares are trading higher after the company finalized a memorandum of agreement with the U.S. Department of Energy, granting access to conduct site investigations at its preferred site in Idaho.

Oklo Finalizes Memorandum Of Agreement With US Department Of Energy Granting Co. Access To Conduct Site Investigations At Its Preferred Site In Idaho

DA Davidson analyst Tom White maintains Zillow Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZG#NASDAQ">ZG</a>) with a Buy and raises the price target from $52 to $71.

DA Davidson Maintains Buy on Zillow Gr, Raises Price Target to $71

Guidance

CTAS

Cintas Corporation Raised FY25 EPS Guidance From $4.06-$4.19 To $4.17-$4.25 (Est: $4.17), After Giving Effect To The Four-for-one Stock Split Of Cintas' Common Stock On September 11

Oppenheimer analyst Ittai Kidron maintains Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) with a Outperform and raises the price target from $66 to $70.

PRGS

Oppenheimer Maintains Outperform on Progress Software, Raises Price Target to $70

On Tuesday, Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) CEO Brian Niccol issued a letter stating that the company and Workers United <a target="_blank" href="https://one.starbucks.com/negotiations/starbucks-reaffirms-commitment-to-advancing-the-path-forward-with-workers-united/" rel="noreferrer noopener">bargaining </a>delegates are working to create a framework for single-store contracts.
The CEO said that &#8220;I appreciate your positive feedback that our relationship &#8211; the relationship between the company and Workers United &#8211; is grounded in good faith and professionalism, and I am pleased that we are making meaningful progress towards our shared goals.&#8221;
&#8220;I&#8217;ve been clear that my goal is to make Starbucks the best place to work for every partner, in every store. This means creating a great work environment, offering strong career opportunities and providing a clear path to growth.&#8221;
&#8220;I deeply respect the right of partners to choose, through a fair and democratic process, to be represented by a union. If our partners choose to be represented, I am committed to making sure we engage constructively and in good faith with the union and the partners it represents.&#8221;
In April, the U.S. Supreme Court stated that they would hear a challenge from&nbsp;Starbucks against the National Labor Relations Board&#8217;s decision to reinstate fired baristas <a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38381359/us-supreme-court-to-weigh-starbucks-challenge-over-fired-baristas" rel="noreferrer noopener">who were organizing a union</a>.
In June, the U.S. Supreme Court reportedly sided with Starbucks&nbsp;in a significant ruling related to the reinstatement of seven Memphis employees who were dismissed&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/unions" rel="noreferrer noopener">amid unionization efforts.</a>
Starbucks has experienced falling sales for two consecutive quarters. Customers have complained about high prices, slow app orders, and subpar food options.
The company has also faced union organizing efforts due to dissatisfaction with working conditions, pay, and benefits.
This month, Starbucks&#8217; CEO announced plans to return the company to its <a target="_blank" href="https://www.benzinga.com/news/24/09/40809142/brian-niccol-outlines-vision-to-reconnect-starbucks-with-community-coffeehouse-roots-on-his-2nd-day" rel="noreferrer noopener">roots as a community coffeehouse</a>.
Niccol emphasized the need for comfortable seating and a clear distinction between &#8220;to-go&#8221; and &#8220;for-here&#8221; services. He acknowledged that the company has drifted from its core values and is committed to enhancing the in-store experience.
Investors can gain exposure to the stock via&nbsp;Opal Dividend Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIVZ#NYSE">DIVZ</a>) and Global X Millennial Consumer ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MILN#NASDAQ">MILN</a>).
Price Action: SBUX shares are down 0.16% at $94.30 premarket at the last check Wednesday.
Image via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/09/41020501/starbucks-is-serving-classy-afternoon-tea-in-tokyo-and-its-not-a-cheap-affair" target="_blank" rel="noreferrer noopener">Starbucks Is Serving Classy Afternoon Tea In Tokyo And Its Not A Cheap Affair</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Large Cap

Management

DIVZ

MILN

SBUX

What's Going On With Starbucks Shares Premarket Wednesday?

New Partnership Enhances Presence of Gaucho Holdings' Wine Brand in Key Markets
MIAMI, FL / ACCESSWIRE / September 25, 2024 / Gaucho Group Holdings, Inc. <a href="https://pr.report/2xxq">(NASDAQ:</a><a href="https://www.benzinga.com/stock/VINO#NASDAQ">VINO</a>), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today announced the addition of Giannone Wine &amp; Liquor Co to the wine retailer network of Algodon Fine Wines.
Giannone Wine &amp; Liquor Co (gwine.com) is a well-established Wine &amp; Liquor store with locations in West New York and Hoboken, NJ, offering a wide assortment of wines from around the world, as well as international beers and spirits, including the hard-to-find. As part of this collaboration, Giannone Wine &amp; Liquor Co will serve as Algodon's stateside e-commerce fulfillment center for AlgodonFineWines.com. The e-commerce store, powered by Giannone Wine &amp; Liquor Co, links to a virtual storefront showcasing the Algodon wines currently distributed in the U.S.

Global

VINO

Gaucho Holdings' Algodon Fine Wines Expands U.S. Distribution Network With Giannone Wine & Liquor Co, New Partnership Enhances Presence Of Gaucho Holdings' Wine Brand In Key Markets

Collaboration to Drive PTC's Onshape Initiatives Including Discovery Program, Onshape AI Advisor, and CAD and PDM Conversion Tools
BOSTON, Sept. 25, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4262786-1&amp;h=1683162161&amp;u=https%3A%2F%2Fwww.ptc.com%2F&amp;a=PTC">PTC</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTC#NASDAQ">PTC</a>) today announced entry into a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to accelerate the growth of its Onshape&#xAE; cloud-native computer-aided design (CAD) and product data management (PDM) solution. This collaboration will focus on advancing Onshape product enhancements, customer adoption programs, and artificial intelligence (AI) initiatives, all of which are aimed at helping product designers and engineers create new, high-quality products faster and more efficiently.

PTC Announces Strategic Collaboration Agreement With AWS To Help Companies Design Products Faster And Easier With Onshape

Elon Musk&#8216;s SpaceX said on Tuesday that its Starlink satellite internet service is now available on all Hawaiian Airlines Airbus-operated flights to or from the island state. 
What Happened: All of the airlines&#8217; A321neo and A330 planes are now equipped with Starlink satellite internet service, giving passengers the option of staying connected while they are in the air, the airlines said on Tuesday. 
Starlink-provided internet access will allow passengers to stream content, play online games, or catch up on emails while they are traveling. Passengers will not be charged for the service and while it is currently limited to Airbus planes, the airline is also looking to install Starlink on its new Boeing 787 aircraft in the future, it said. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Starlink's high-speed internet is now available onboard all <a href="https://twitter.com/HawaiianAir?ref_src=twsrc%5Etfw">@HawaiianAir</a> Airbus-operated flights between the islands and the continental U.S or international destinations! &#x1f6f0;&#xFE0F;&#x2708;&#xFE0F;&#x1f30e; <a href="https://t.co/gF1XKoFgiK">https://t.co/gF1XKoFgiK</a>
&mdash; Starlink (@Starlink) <a href="https://twitter.com/Starlink/status/1838656852948849051?ref_src=twsrc%5Etfw">September 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Starlink is SpaceX&#8217;s satellite internet division. In July, SpaceX CEO Musk said that Starlink is now operating <a href="https://www.benzinga.com/news/24/07/39949583/spacexs-starlink-now-provides-internet-connectivity-to-over-1-000-aircraft-around-the-world-allowing">on over 1000 aircraft </a>around the globe. 
Why It Matters:&nbsp;Starlink provides high-speed internet on flights with a latency of less than 99 ms and a maximum download speed per terminal of 220 Mbps. This allows passengers to make video calls, and play games online, among other things.
Starlink has announced in-flight internet deals with airlines including&nbsp;JSX Airlines,&nbsp;Hawaiian Airlines,&nbsp;Qatar Airways,&nbsp;and&nbsp;Zipair.
Starlink is available on Airbus A321 Neo, Bombardier Global 6000, and Embraer ERJ-135 aircraft, among others. Before the end of the year, it is also expected to be available on Airbus&nbsp;A220, Boeing&nbsp;737, and Bombardier&nbsp;Global 5000.
Last year, Musk said that Starlink would be available&nbsp;<a href="https://www.benzinga.com/news/23/10/35154382/musk-says-starlink-internet-could-soon-be-available-on-most-flights-but-theres-a-condition" target="_blank" rel="noreferrer noopener">on most aircraft "soon"</a>&nbsp;depending on whether airlines order it. Starlink&nbsp;provides the same responsiveness on all parts of an air journey, from take off until the flight touches high altitude,&nbsp;Musk&nbsp;said in June.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41019716/trump-pledges-100-tariffs-on-all-cars-made-in-mexico-the-only-way-theyll-get-rid-of-that-tariff-is" target="_blank" rel="noreferrer noopener">Trump Pledges 100% Tariffs On All Cars Made In Mexico: ‘The Only Way They'll Get Rid Of That Tariff Is…'</a></li>
</ul>
Photo courtesy: SpaceX

SPACE

Tech

Hawaiin Airlines' Airbus Planes Take Flight With Starlink Internet Service At No Additional Cost To Customer

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/09/24/final-trades-paypal-citizens-financial-cisco-systems-and-the-iyr.html">Halftime Report Final Trades</a>,&#8221; Josh Brown of Ritholtz Wealth Management said PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) continues to make new highs. &#8220;I am rolling up my stop-loss, but staying <a href="https://www.benzinga.com/quote/PYPL/analyst-ratings">with the trade,&#8221; he added</a>.
On Sept. 23, Deutsche Bank analyst Bryan Keane maintained PayPal with a Buy and raised the price target from $74 to $94.
Brian Belski of BMO Capital Markets said Citizens Financial Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>) has a 4% dividend yield and 18% free cash flow yield.
On Sept. 20, Citizens Financial Group announced the appointment of Claude E. Wade to the company&#8217;s board of directors, effective March 1, 2025. The company also said Wendy Watson will retire from the board after her current term expires at the annual meeting of shareholders in April 2025.
Don't forget to check out our<a href="https://www.benzinga.com/premarket/"> premarket coverage here</a>
Jim Lebenthal of Cerity Partners said Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) will quietly hit a fresh high for the year.
On Aug. 16, HSBC analyst Stephen Bersey upgraded Cisco from Hold to Buy and raised the price target from $46 to $58.
Shannon Saccocia of NB Private Wealth named iShares U.S. Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYR#NYSE">IYR</a>) as her final trade.
Price Action:
<ul>
<li>PayPal gained 0.1% to close at $78.40 during Tuesday's session.</li>
<li>Citizens Financial shares fell 0.7% to settle at $40.76 on Tuesday.</li>
<li>iShares U.S. Real Estate ETF rose slightly by 0.03% during Tuesday's session.</li>
<li>Cisco shares gained 0.6% to close at $52.52 on Tuesday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41003853/wall-streets-most-accurate-analysts-views-on-3-tech-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Tech Stocks Delivering High-Dividend Yields</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Long Ideas

Markets

Media

Trading Ideas

CSCO

iShares Trust Dow Jones US Real Estate Fund Index

PYPL

Cisco, PayPal, Citizens Financial And More On CNBC's 'Final Trades'

Stock Split

SONN

Sonnet BioTherapeutics To Effect 1-For-8 Reverse Stock Split

Biotech

General

ENTX

Entera Bio And OPKO Health Announce PK/PD Results For Oral Oxyntomodulin Peptide Tablet Candidate, Showing Significant Systemic Exposure And Favorable PK Profile In Obesity And Metabolic Disorder Studies; Oral OXM Demonstrates Prolonged Systemic Exposure Comparable To Semaglutide

Oppenheimer analyst Jason Helfstein maintains Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) with a Outperform and lowers the price target from $210 to $185.

GOOG

GOOGL

Oppenheimer Maintains Outperform on Alphabet, Lowers Price Target to $185

Cintas (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTAS#NASDAQ">CTAS</a>) reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $0.95 by 15.79 percent. This is a 18.28 percent increase over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $2.50 billion which met the analyst consensus estimate. This is a 6.79 percent increase over sales of $2.34 billion the same period last year.

Earnings

Earnings Beats

Cintas Q1 EPS $1.10 Beats $0.95 Estimate, Sales $2.50B Inline

DTST

Data Storage Corporation's CloudFirst Subsidiary Announces Expanded Agreement Through Its Infrastructure Partner, Servicing An Insurance Company

BNRG

Brenmiller Energy shares are trading higher after the company announced the formation of a new joint venture, Brenmiller Europe.

RNXT

RenovoRx Increases Production Of FDA-Cleared RenovoCath Delivery System Due To Rising Demand From Oncology And Interventional Radiology Physicians; Expands Partnership With Medical Murray And Issues Warrants For Manufacturing Milestones

Established in partnership with leading renewable energy developers Green Enesys and Viridi, Brenmiller Europe S.L., assumes responsibility for Brenmiller Energy Ltd. projects in major European countries, which represents a substantial amount of Brenmiller's global $440 million project pipeline opportunities

Brenmiller Energy Establishes Joint Venture In Europe To Scale bGen Technology Adoption Across Europe

Intelligent Bio Solutions Inc. - Common Stock

INBS

Thanet Earth To Use Intelligent Bio Solutions' Fingerprint Drug Test

Emergence Global

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Emergence Global (ELOAF) Forecast

Emergence Global (OTC:ELOAF) Stock, Quote.Headers.trade-ideas