43 min listen
Target CEO & Holiday Shoppers; Mario Gabelli & NFTs for Christmas
FromSquawk Pod
ratings:
Length:
39 minutes
Released:
Nov 17, 2021
Format:
Podcast episode
Description
Retail earnings continued today with Target reporting better-than-expected Q3 results. Like Walmart however, Target investors are worried about margins as the company absorbs higher costs of supply chain disruptions and labor shortages, rather than passing them on to consumers. Target CEO Brian Cornell addresses those concerns and details how the company has navigated global supply chain bottlenecks ahead of the holiday shopping season. Investing legend Mario Gabelli, chairman and CEO of GAMCO Investors, discusses markets, mergers, and NFTs for Christmas. Activision Blizzard shares are falling after a report from The Wall Street Journal alleged that CEO Bobby Kotick knew about sexual misconduct accusations at his company before he’d previously let on. Plus, the FDA plans to authorize Pfizer’s Covid-19 booster shot for all adults as soon as Thursday; CNBC’s Meg Tirrell reports on the latest pandemic headlines. In this episode:Brian Cornell, @TargetMario Gabelli, @MarioGabelliMeg Tirrell, @megtirrellAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY
Released:
Nov 17, 2021
Format:
Podcast episode
Titles in the series (100)
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