Target Recalls 12,800 Tea Kettles

Pinterest Up 4% Following Upgrade By Analysts

Shares of image-based social media company Pinterest, Inc. (PINS) are climbing 4 percent on Thursday’s trading after analysts at Goldman Sachs upgraded their view on the company, raising the rating on the stock from neutral to buy. They also lifted the price target on the stock to $31 per share.

Currently at $25.55, the stock has traded between $16.14 and $66.00 during the past 52 weeks.

Jowell Global Stock Tanks 37%

Shares of Jowell Global Ltd. (JWEL) are slipping over 37% on Thursday morning.

JEWL is currently trading at $1.7438, down $1.0562 or 37.72%, on the Nasdaq, on a volume of 9 million shares, above average volume of 0.3 million. The stock opened its trading at $2.5700 after closing Wednesday’s trading at $2.8000. The stock has traded between $0.9560 and $25.7800 in the after-hours trading.

Jowell Global engages in the online retail of cosmetics, health and nutritional supplements, and household products in China. It also sells skin care, body care, and baby and children products; washing items; fragrances; food products; electronics; and apparel.

Avenue Therapeutics Slips 15%

Shares of biotechnology company Avenue Therapeutics, Inc. (ATXI) are down 15 percent on Thursday’s trading continuing their downward trend since the past few days. There has not been any company-specific news to impact the stock on Thursday. The shares have reached a year-to-date high on Tuesday and have been sliding since then.

Currently at $7.36, the stock has traded between $3.00 and $27.75 during the past 52 weeks.

Treasury Announces Details Of Long-Term Securities Auctions

The Treasury Department on Thursday announced the details of this month’s auctions of three-year and ten-year notes and thirty-year bonds.

The Treasury revealed it plans to sell $40 billion worth of three-year notes, $32 billion worth of ten-year notes and $18 billion worth of thirty-year bonds.

The results of the three-year note auction will be announced next Tuesday, the results of the ten-year note auction will be announced next Wednesday and the results of the thirty-year bond auction will be announced next Thursday.

Last month, the Treasury sold $41 billion worth of three-year notes, $32 billion worth of ten-year notes and $18 billion worth of thirty-year bonds.

The three-year note and thirty-year bond auctions attracted above average demand, while the ten-year note auction attracted below average demand.

Nuggets’ Nikola Jokic doubtful to play vs. Bulls on Friday due to wrist injury – The Denver Post

Nuggets coach Michael Malone said Thursday that Nikola Jokic is doubtful for Friday’s preseason game at Chicago due to a right wrist injury.

Jokic was limited in practice Wednesday as the Nuggets opted not to expose the wrist to any live contact.

“Nothing major,” Malone said.

Earlier this week, Jokic said his wrist felt “weird” after he spent the second half of Monday’s preseason opener on the bench with a wrap around his wrist.

Given that it’s the preseason, there’s no urgency to rush him into action.

Katadyn Recalls Optimus Gemini Portable Gas Stoves

Katadyn North America has recalled about 1,100 Optimus Gemini portable gas stoves due to risk of fire.

According to Consumer Product Safety Commission, the recalled stove’s gas regulator can have a tear in the seal causing a gas leak, posing a fire hazard. The company, however, has not received any incidents related to the issue.

The recall involves Optimus Gemini portable 2-burner stoves. The stoves are black metal with silver top burner surfaces, measure about 12 inches long and 4 inches wide and can be used with isobutane-propane fuels.

The company has asked its customers immediately stop using the recalled stoves and return them to the place of purchase for a full refund or contact Katadyn North America to receive a prepaid mailer to return the stove for a full refund.

The stoves were sold at specialty outdoor and sporting goods stores nationwide and on various websites from January 2021 through September 2022 for about $178.

Textron Specialized Vehicles Recalls 34K Golf Carts

Augusta, Georgia-based Textron Specialized Vehicles has recalled about 34,000 E-Z-GO RXV Personal Transportation Vehicles (PTV) or golf carts due to injury and crash hazards.

According to Consumer Product Safety Commission, the PTV’s steering knuckles and A-arms can break during or after an impact and cause loss of steering control, posing crash and injury hazards. The company said it received 335 reports of incidents of the steering knuckles and A-arms on the PTVs breaking, including one incident that resulted in two reports of abrasion injuries.

The recall includes model year 2022 and 2023 Freedom and Valor E-Z-GO RXV personal transportation vehicles. Recalled units have serial numbers within the range of 5656874 through 5656886 and 5659215 through 5700741.

The company has asked its customers to immediately stop using the recalled PTVs and contact Textron Specialized Vehicles for a free repair.

The recalled golf carts were sold at dealerships nationwide and online as well from January 2022 through September 2022 for between $10,000 and $17,000.

Target Recalls 12,800 Tea Kettles

Target (TGT) has recalled about 12,800 tea kettles due to fire and burn hazards.

According to Consumer Product Safety Commission, the retailer has recalled Hearth & Hand with Magnolia tea kettles, as the paint can chip on the bottom of the recalled kettles, posing a fire hazard. In addition, the handle can break and/or the spout can leak, posing a risk of burn injuries.

Target said it has received 27 reports of incidents with the tea kettles which included the kettles leaking, wobbling/moving on the stovetop while in use, the handle grip breaking off, and the paint chipping/melting on the bottom of the kettle.

One consumer reported a fire due to the paint chipping off of the bottom of the kettle. No injuries have been reported.

The recall involves Hearth & Hand with Magnolia Tea Kettles. The 1.75 Quart stainless steel tea kettles are white and have a copper-colored stainless-steel handle with a wooden grip and a white lid with a wooden knob.

The retailer has asked its customers to immediately stop using the recalled tea kettles and return them to any Target store for a full refund.

The recalled product was sold at Target stores nationwide and online from July 2021 through October 2021 for about $35.