Yowie Group (OTC:YWGRF) Stock, Quote.Headers.trade-ideas

Yowie Group Ltd is a brand licensing company that owns intellectual property rights and intends to use these rights to outsource the manufacturing and distribution of the Yowie chocolate confectionery product, digital platform and Yowie branded licensed consumer products. The company is engaged in one business segment which is Confectionary. It sells its product on contract. The company's products include Animals with superpowers and Surprise inside eggs.

Yowie Group Ltd

Raymond James analyst Stephen Laws maintains Redwood Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RWT#NYSE">RWT</a>) with a Strong Buy and raises the price target from $8.5 to $9.5.

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Raymond James Maintains Strong Buy on Redwood Trust, Raises Price Target to $9.5

Raymond James analyst Stephen Laws maintains MFA Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MFA#NYSE">MFA</a>) with a Outperform and raises the price target from $13 to $14.5.

Raymond James Maintains Outperform on MFA Finl, Raises Price Target to $14.5

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IESC

PCAR

ROAD

STRL

Shares of broader industrial and machinery stocks are trading higher following the Fed's announcement to cut rates by 50 basis points yesterday, which could support investment and economic growth.

Missouri regulators have scaled back an <a href="https://www.benzinga.com/markets/cannabis/24/08/40323184/missouri-governors-thc-ban-threatens-9-000-retailers-statewide-amid-nationwide-clampdown-on-hemp">initial ban on hemp-derived THC products</a> enacted by Governor Mike Parson (R) on August 1, opting to focus enforcement on those resembling popular candies that could appeal to children. This strategic shift responds to a lawsuit filed by the Missouri Hemp Trade Association (MHTA), which argued the broad ban went against state law.
<h3 class="wp-block-heading">Legal Action Prompts Shift In Hemp THC Product Ban</h3>
The Missouri Department of Health and Senior Services (DHSS) announced Tuesday it would cease the broad embargo on <a href="https://www.benzinga.com/topic/hemp">hemp</a> products containing THC, <a href="https://missouriindependent.com/2024/09/18/hemp-sales-are-back-on-missouri-regulators-pare-down-ban-on-intoxicating-hemp-products/">reported</a> The Missouri Independent. This announcement comes after a letter from Richard Moore, general counsel for the DHSS, which was prompted by legal actions from the hemp industry&#8217;s trade association. Moore&#8217;s letter emphasized the department&#8217;s new focus on targeting &#8220;misbranded&#8221; products that could potentially appeal to minors.
The DHSS inspected 74 establishments this September, finding THC products in 42, as highlighted Lisa Cox, spokeswoman for the department.
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<li>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe">here</a>. If you&#8217;re serious about the business, you can&#8217;t afford to miss out.</li>
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The lawsuit aimed at preventing the designation of such hemp products as &#8220;adulterated.&#8221; It highlighted inconsistencies with state laws, which do not consider food products adulterated solely because they contain <a href="http://benzinga.com/topic/hemp">hemp</a> derivatives. This legal interpretation was pivotal in reshaping the enforcement strategy.
However, <a href="http://benzinga.com/topic/missouri-cannabis">Missouri</a> regulators have not embargoed products like hemp flower, hemp milk, protein powders, teas or CBD gummies, <a href="https://www.cannabisbusinesstimes.com/page/staff/">noted</a> to Cannabis Business Times. These items remain unaltered and collected through extraction, distinguishing them from hemp-derived THC products targeted by recent enforcement actions.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40845389/nj-governor-signs-bill-tightening-rules-on-hemp-industry-stakeholders-protest-big-alcohol-celebr">NJ Governor Signs Bill Tightening Rules On Hemp: Industry Stakeholders Protest, Big Alcohol Celebrates</a>
<h3 class="wp-block-heading">Missouri AG To Evaluate Hemp Misbranding</h3>
Furthermore, the DHSS&#8217; refined strategy involves referring products suspected of misbranding to the Missouri Attorney General&#8217;s office for evaluation under the State's Merchandising Practices Act. This act aims to protect consumers from deceptive marketing practices, ensuring they are fully aware of what they are purchasing. &#8220;The department has no intention at this time to embargo additional psychoactive cannabis products as adulterated,&#8221; stated Moore in his recent communication, according to The Missouri Independent, clarifying the department's adjusted enforcement outlook.
Craig Katz, a spokesperson for the MHTA, expressed support for the state's renewed approach. &#8220;This is the appropriate regulatory and law enforcement focus,&#8221; Katz remarked. He also hinted at forthcoming legislative efforts in 2025 to bolster consumer confidence and ensure rigorous regulation of hemp products.
<h3 class="wp-block-heading">States Face Lawsuits Over Hemp-Derived Products Restrictions</h3>
By narrowing its enforcement to misbranding <a href="https://www.benzinga.com/markets/cannabis/24/08/40323184/missouri-governors-thc-ban-threatens-9-000-retailers-statewide-amid-nationwide-clampdown-on-hemp">rather than a broad ban</a>, Missouri aims to ensure that <a href="https://www.benzinga.com/markets/cannabis/24/07/39915334/a-nasty-high-experts-sound-alarm-over-soup-of-unknown-compounds-in-hemp-derived-thc-products">hemp-derived THC</a> products are safely regulated while supporting the industry's growth and compliance. Similarly, a group of California parents is <a href="https://www.benzinga.com/markets/cannabis/24/09/40906131/this-is-life-or-death-families-of-disabled-children-panic-over-gov-newsoms-hemp-cbd-ban-and-eval">evaluating legal action against Gov. Newsom&#8217;s proposed hemp ban</a>, fearing it could eliminate critical CBD treatments their children rely on for survival.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/09/40833963/expert-calls-for-a-united-hemp-and-cannabis-front-industries-should-collaborate-and-push-for-fed">Expert Calls For A United Hemp And Cannabis Front, &#8216;Industries Should Collaborate&#8217; And Push For Federal Rules</a></li>
</ul>

Cannabis

Government

Regulations

Cannabis Companies Have Missouri's Governor Beat: Hemp-THC Products Sales Resume As Stricter Controls Replace Sweeping Ban

Raymond James analyst Stephen Laws maintains KKR Real Estate Finance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KREF#NYSE">KREF</a>) with a Outperform and raises the price target from $13 to $14.

KREF

Raymond James Maintains Outperform on KKR Real Estate Finance, Raises Price Target to $14

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Shares of companies within the broader technology sector are trading higher amid overall market strength following Wednesday's Fed rate cut.

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INTC

Maxeon Solar Technologies, Ltd. - Ordinary Shares

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Shares of semiconductor companies are trading higher amid overall market strength following Wednesday's Fed rate cut.

Raymond James analyst Stephen Laws maintains Franklin BSP Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBRT#NYSE">FBRT</a>) with a Strong Buy and raises the price target from $15 to $15.5.

FBRT

Raymond James Maintains Strong Buy on Franklin BSP Realty Trust, Raises Price Target to $15.5

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MicroCloud Hologram Inc. - Ordinary Shares

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Shares of software companies are trading higher amid overall market strength following Wednesday's Fed rate cut.

Raymond James analyst Stephen Laws maintains Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) with a Outperform and raises the price target from $15 to $16.

Raymond James Maintains Outperform on Arbor Realty Trust, Raises Price Target to $16

Jay Emmanuel-Thomas, a former striker for football/soccer club Arsenal, has been charged following an alleged attempt to smuggle £600,000 ($796,794) worth of <a href="https://www.benzinga.com/cannabis">cannabis</a> into the UK through Stansted Airport. As The Telegraph <a href="https://www.telegraph.co.uk/football/2024/09/19/jay-emmanuel-thomas-arsenal-cannabis-stansted-airport/?ICID=continue_without_subscribing_reg_first">reported</a>, the 33-year-old, who currently plays for Greenock Morton in the Scottish Championship, was arrested by National Crime Agency (NCA) officers on Wednesday in Gourock, Inverclyde.
What Happened: The arrest came after Border Force officers reportedly discovered approximately 60kg (132 lbs) of cannabis, a Class B drug in the UK's controlled drug list, in two suitcases that had arrived on a flight from Bangkok, Thailand, on September 2. The NCA estimated the haul to be worth £600,000.
Emmanuel-Thomas, who once played for Ipswich Town, Queens Park Rangers and Bristol City, as well as Arsenal at youth level, was detained and questioned by officers before being remanded in custody. He is expected to appear before Carlisle Magistrates Court on Thursday.
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40798855/uk-government-drug-ban-targets-zombie-drug-xylazine-and-other-opioids">UK Government Drug Ban Targets &#8216;Zombie Drug&#8217; Xylazine And Other Opioids</a>
<h3 class="wp-block-heading">NCA And Border Force Joint Efforts</h3>
David Phillips, NCA's senior investigating officer, said, "The NCA continues to work with partners like Border Force to target those involved in drug smuggling – that includes both the couriers and the organizers." He also urged individuals approached to engage in such activities to "think very carefully about the likely consequences of their actions and the potentially life-changing risks they will be taking."
This arrest follows a sharp increase in the amount of cannabis being seized at U.K. borders, particularly from travelers arriving from Thailand, Canada and the United States. The NCA has warned that drug couriers are often misled by superiors into believing they face only fines if caught, though the maximum sentence for smuggling cannabis into the UK is 14 years in prison.
Now Read: <a href="https://www.benzinga.com/news/large-cap/24/08/40099281/bank-of-england-reduces-16-year-high-interest-rates-in-divided-decision-as-inflation-hits-2">Bank Of England Reduces 16-Year High Interest Rates In Divided Decision As Inflation Hits 2%</a>
Cover image made with AI

Former Premier League Player Charged After Allegedly Trying To Smuggle 60 Kg (132 Lbs) Of Cannabis Into UK

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Shares of companies in the broader financial services and banking sectors are trading higher amid overall market strength following the Fed's rate cut, which could drive a rise in spending and lending demand.

Raymond James analyst Patrick Tyler Brown maintains Casella Waste Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWST#NASDAQ">CWST</a>) with a Strong Buy and raises the price target from $121 to $122.

CWST

Raymond James Maintains Strong Buy on Casella Waste Sys, Raises Price Target to $122

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New Oriental Education & Technology Group

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Citigourp Global Markets 2% Protected Notes Linked To The Djia

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Shares of US-listed Chinese stocks are possibly trading higher ahead of expectations that the People's Bank of China will cut rates. Also, the sector may be experiencing strength after the Fed cut rates by 50 basis points.

AAPL

Apple shares are trading higher amid overall market strength following the Fed's rate cut.

Morgan Stanley analyst Carlos De Alba maintains MP Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) with a Equal-Weight and raises the price target from $13.5 to $16.

Morgan Stanley Maintains Equal-Weight on MP Materials, Raises Price Target to $16

Morgan Stanley analyst Carlos De Alba maintains Compañía de Minas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BVN#NYSE">BVN</a>) with a Overweight and lowers the price target from $21 to $18.

Morgan Stanley Maintains Overweight on Compañía de Minas, Lowers Price Target to $18

NIO shares are trading higher following reports suggesting that the company is discounting its Onvo car to compete with Tesla. Also, the stock may be moving higher following the Fed's policy decision to cut rates, which may create optimistic sentiment that the People's Bank of China will cut rates.

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Shares of restaurant companies are trading higher following the Fed's rate cut, which could boost industry traffic through an increase in consumer discretionary incomes.

In an aggressive start to its monetary policy easing, the Federal Reserve cut the interest rates by 50 basis points, bringing the fund rates to the 4.75-5% range.
This marked the end of an era of aggressive interest rate hikes to tame &quot;persistent&quot; inflation. The central also indicated two more rate cuts this year, which will bring the Fed funds rate down to 4.4% in 2024.
Following the announcement, the markets&#39; reaction was subdued, and all three major indexes ended in red on Wednesday. On the other hand, indexes related to banks, including the KBW Nasdaq Bank Index and the S&amp;P Banks Select Industry Index closed in green.
The interest rate cut is a positive development for banks like Bank of America (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bac#NYSE">BAC</a>), Citigroup (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/c#NYSE">C</a>) and Comerica (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cma#NYSE">CMA</a>). Banks have been reeling under increasing funding cost pressure. Though higher rates led to a significant jump in banks&#39; net interest income (NII), the same resulted in increased funding costs, which squeezed the net interest margin.
As interest rates come down, funding costs will gradually stabilize and then decline. Hence, this will alleviate pressure on NIM to some extent.
On the other hand, JPMorgan (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>) is expected to witness a fall in NII next year. The company&#39;s president and chief operating officer, Daniel Pinto, during the Barclays Global Financial Services Conference on Sept. 10, warned about a potential decrease in the metric in 2025 because of rate cuts.
<h2>What Else Did the Fed Signal?</h2>
In addition to this year&#39;s further reduction in interest rates, the Fed officials, through its dot plot, signaled four more cuts in 2025 and two in 2026.
This will bring the interest rates close to 2.9% by the end of 2026. It is lower than the 3.1% forecasted during the June FOMC meeting. 
Fed&#39;s Dot Plot
<img alt="Federal Reserve" src="https://staticx-tuner.zacks.com/images/articles/charts/52/78412.jpg?v=538394579" />
Image Source: Federal Reserve
Additionally, the central bank came out with the latest summary of Economic Projects. Per the latest SEP data, the U.S. economy is anticipated to grow at the rate of 2% till 2026.
Moreover, the Fed officials noted that &quot;job gains have slowed and the unemployment rate has moved up but remains low.&quot; They lifted their expected unemployment rate to 4.4% for 2024 from the 4% forecasted at the last update in June.
The central bank lowered the inflation target to 2.3% for 2024 from 2.6% predicted in June.
<h2>How Will Banks Be Impacted?</h2>
Apart from the above-mentioned decrease in funding costs, lower rates mean a rise in loan demand. The lending scenario has been muted as the central bank began tightening its monetary policy in March 2022. This had been hurting banks&#39; financials immensely.
As the rates come down, loan demand is gradually expected to improve. The borrowers who have been on the sidelines because of higher rates are now expected to jump in.
Thus, banks including BAC, C, JPM and CMA are expected to benefit from a solid rebound in loan demand.
Lower rates will also result in a gradual improvement in banks&#39; asset quality as borrowers repay loans.
Nonetheless, all of these are not expected to occur immediately, and investors should not expect a total turnaround in banks&#39; financial performance, at least this year.
<a href="https://www.zacks.com/stock/news/2338546/fed-cuts-interest-rates-by-50bps-what-this-means-for-bank-stocks?cid=CS-BENZ-FT-analyst_blog|industry_focus-2338546">To read this article on Zacks.com click here.</a>

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Fed Cuts Interest Rates by 50Bps: What This Means for Bank Stocks

Yowie Group Ltd. (AU:YOW) has released an update. Keybridge Capital Limited has increased its stake in Yowie Group Ltd, with its voting power risin...

Keybridge Capital Ups Stake in Yowie Group

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Yowie Group Sees Soaring Easter Sales and NBA Deal

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Keybridge Capital Boosts Stake in Yowie Group

Yowie Group Ltd. (AU:YOW) has released an update. Yowie Group Ltd has experienced a significant shift in ownership as Keybridge Capital Limited (KB...

Keybridge Capital Amplifies Stake in Yowie Group

Yowie Group Ltd. (AU:YOW) has released an update. The Wilson Asset Management Group, despite holding no direct shares in Yowie Group Limited, has b...

Wilson Asset Management's Indirect Stake in Yowie Group

Yowie Group Ltd. (AU:YOW) has released an update. Reash Pty Ltd, trading as The Watson Family Trust, has ceased to be a substantial holder in Yowie...

Watson Family Trust Sells Yowie Group Stake

Yowie Group Ltd. (AU:YOW) has released an update. Yowie Group Ltd has announced the appointment of Andrew Kenneth Ranger as a new director effectiv...

Yowie Group Appoints New Director

Yowie Group Ltd. (AU:YOW) has released an update. Yowie Group Ltd has announced significant leadership changes, including the appointment of Andrew...

Yowie Group Overhauls Leadership Amid Losses

Yowie Group Ltd. (AU:YOW) has released an update. Yowie Group Ltd. announced a robust 17% increase in Q4 net sales to $3.14 million, propelled by s...

Yowie Group Reports Sales Uptick and New NBA Deal

Yowie Group Ltd. (AU:YOW) has released an update. Yowie Group Ltd reported an 11% increase in annual revenue to $14.69 million, yet faces a signifi...

Yowie Group Reports Revenue Growth Amidst Losses

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Yowie Group (YWGRF) Forecast

Yowie Group (OTC:YWGRF) Stock, Quote.Headers.trade-ideas