beauty

Ulta Beauty gains on activist chatter (NASDAQ:ULTA)

Ulta Beauty (NASDAQ:ULTA) is up 1.95% as some activist investor rumors circulate around trading desks. At the moment, there is nothing concrete in the way of a SEC filing.

Broad retail is up less than 0.6% on the day.

Shares of Ulta are down 7.74% for the year, although they have recovered significantly from the March low.

Last week, Ulta was one of the standouts in the Piper Sandler Taking Stock With Teens Survey.

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women

Angelina Jolie: COVID-19 Is Undoing Fragile Gains for Women

The UN Secretary General’s latest report on COVID-19 contains a chilling statement: “gains on gender equality risk being reversed by decades” by the pandemic. The numbers paint a stark picture of a possible 2 million additional cases of female genital mutilation globally by 2030, 13 million additional child marriages, an additional 15 million women and girls subjected to gender-based violence for every 3 months of lockdown, and a further 47 million women forced into extreme poverty.

The prospect of “decades” of progress in women’s rights being undone by the pandemic is intolerable and ought to be unthinkable. It is over half a century since the UN Universal Declaration of Human Rights promised equal rights for all women, yet basic rights, protections and freedoms are still non-existent in some countries. In others, they are built on such fragile foundations that it seems the pandemic might sweep them away.

These problems

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coupon

With the big stock-market gains over, it’s time for some unusual ‘coupon clipping,’ HSBC strategist says

By MarketWatch

MARKETWATCH FRONT PAGE (link)

Government bonds aren’t the hedges they used to be, with monetary policy on steroids, says HSBC Global Asset Management strategist. See full story (link).

Netflix is pushing for huge international expansion after successes with ‘Sex Education’ and ‘The Crown’

Netflix is set to triple its office space in the U.K., after a string of high-profile successes in the country. See full story (link).

Pelosi rejects idea of a stand-alone fiscal stimulus measures

Hopes for a restart of talks over a large scale economic stimulus package, or even more targeted aid for the troubled airline industry, took a big hit Thursday after House Speaker Nancy Pelosi said she still wanted a bigger bargain. See full story (link).

Trump’s vaccine czar says the first vaccine should be submitted for emergency authorization around Thanksgiving

Moncef Slaoui, an immunologist by training and a longtime pharmaceutical executive, is running

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coupon

With the big stock-market gains over, it’s time for some unusual ‘coupon clipping,’ HSBC strategist says

NEED TO KNOW

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Stock markets aren’t really out of line in any direction, to hear one strategist tell it.

“We haven’t got a big qualm with the market at this point in time. I don’t see really significant, anomalous valuations in the market, and that takes me to this idea of staying invested, being diversified, but not being too tactically adventurous,” said Joseph Little, global chief strategist at HSBC Global Asset Management.

Little added the Nasdaq Composite (COMP) isn’t as stretched as it was during the dot-com bubble. HSBC is overweight global stocks, particularly for Northern Asian emerging markets that are leveraged to China’s recovery.

Little isn’t a proponent of the argument, however, to switch now into cyclical stocks from the defensive companies that have outperformed. “I think you need to have a bit more confidence in a macro momentum story, of upgrades to

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women

Facebook’s Sheryl Sandberg Says Employers Must “Lean In” To Protect Women’s Workforce Gains

American women are at risk of losing years of hard-won progress in the workplace.

Typically, 15% of both men and women contemplate downshifting their careers or leaving the workforce. As a result of Covid-19, the number of women is now almost 25% at any given time.

Even as the economy supposedly opens up, the prospects for working women continue to worsen. In September alone, the Labor Department reports that 865,000 women over 20 dropped out of the workforce—compared to 216,000 men.

This dire situation is the focus of the sixth annual Women in the Workplace report, produced jointly by McKinsey & Company and Sheryl Sandberg’s Lean In Foundation. “What we are seeing in this report should terrify all of us,” Sandberg told NPR. “We are pulling the alarm bell here.”

If left unchecked, the report warns, such

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women

The pandemic could undo years of gains for women in the workforce

  • A survey of some 40,000 employees by McKinsey and Co. and Facebook COO Sheryl Sandberg’s nonprofit Lean In found that 1 out of every 4 working women is considering leaving the workforce or scaling back their hours.
  • Women cite struggling with childcare and household duties as a major concern.
  • While 51% of employers communicate the importance of avoiding burnout, only 37% have changed their performance review process amid the pandemic.
  • In order to prevent a mass exodus of women in the workforce, managers should give employees more time off, increase flexible hours, and reassess performance goals and metrics set before the pandemic.
  • Visit Business Insider’s homepage for more stories.

One out of every 4 working women is considering leaving the workforce or scaling back their careers because of the pandemic, according to a survey of over 40,000 professionals by McKinsey and Co. and Facebook COO Sheryl Sandberg’s nonprofit Lean In.

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women

COVID-19 could undo 6 years of gains for women in the workplace: Study

The coronavirus pandemic has the potential to undo years of gains for women in the workplace, according to a massive new study on the state of women in corporate America released on Wednesday.



a person standing in front of a building: A woman poses holding a laptop computer in a corporate business settting in an undated stock image.


© STOCK IMAGE/D3sign/Getty Images
A woman poses holding a laptop computer in a corporate business settting in an undated stock image.

At least one in four women are considering downshifting their careers or leaving the workforce because of COVID-19, according to the annual Women in the Workplace study from LeanIn.org and consulting firm McKinsey & Company. The study involved 317 companies representing over 12 million employees.

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This marks the first time in six years of the annual report that the researchers found evidence of women intending to leave their jobs at higher rates than men. Researchers also warned this exodus could possibly undo all the gains women have made in management and senior leadership roles

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