Latest news with #Nardone
Yahoo
2 hours ago
- Yahoo
Robbers force family — including 3 kids — into basement and duct-tape them during armed Queens home invasion
Two thugs armed with guns, one disguised as an Amazon worker, pushed their way into a home in Queens and tied up the family – including three young children – and duct taped their mouths shut, according to law enforcement sources. The thieves, one wearing an Amazon vest the other a black hoodie, forced their way into a single-family home in Whitestone Monday morning just after 9 a.m., police and sources said. One of the family's four children who had already left for school accidentally left the door open making it easier for the gunman to enter the home, law enforcement sources said. The hooligans forced the family into the basement at gunpoint, tied them up and stretched duct tape over their mouths, sources said. The pair raided the home and fled with an unknown amount of cash and jewelry using the victim's own car, a silver Chrysler minivan, as the getaway vehicle. Investigators found it abandoned two blocks away, police said. John Nardone had just climbed out of his car to get to work when he saw the terrified father running out of the house tugging at something on his face. Nardone realized it was duct tape. 'I said, 'are you ok?'' Nardone said. 'He said his kids were in the basement.' Nardone called 911 immediately, according to FreedomNewsTV. 'I honestly didn't really know what he was saying. He didn't really speak the greatest English,' the witness told FreedomNewsTV. 'He seemed really rattled and like he did not know even what was going on. But he was definitely very nervous.' Two police cars responded to the house, which is across the street from PS 193 Alfred J. Kennedy Elementary School, within minutes, Nardone said. He told officers what little he knew. 'He was definitely disheveled,' the witness said of the terrified father. 'He was definitely, like, scared. He probably didn't know what just happened himself.' Nardone said he was nervous himself because he was starting his second day at a new job and didn't want to be late. The scene was so bizarre that at first he questioned what he was seeing. 'I was wondering if this was real, because that,' he said referring to the victim running out of a house, 'I've never seen something like that, like a guy come out of his house with duct tape all over his face.' Police are still searching for the suspects and said the incident remains under investigation. Investigators are looking for any video they can find to help identify the brazen gunman.
New York Post
9 hours ago
- New York Post
Robbers force family into basement and duct-tape them during armed Queens home invasion
Two thugs armed with guns, one disguised as an Amazon worker, pushed their way into a home in Queens and tied up the family – including three young children – and duct taped their mouths shut, according to law enforcement sources. The thieves, one wearing an Amazon vest the other a black hoodie, forced their way into a single-family home at 152-14 12th Avenue in Whitestone Monday morning just after 9 a.m., police and sources said. 4 Two thugs armed with guns, one disguised as an Amazon worker, pushed their way into a home in Queens and tied up the family. Kyle Mazza/NurPhoto/Shutterstock Advertisement One of the family's four children who had already left for school accidentally left the door open making it easier for the gunman to enter the home, law enforcement sources said. The hooligans forced the family into the basement at gunpoint, tied them up and stretched duct tape over their mouths, sources said. The pair raided the home and fled with an unknown amount of cash and jewelry using the victim's own car, a silver Chrysler minivan, as the getaway vehicle. Advertisement 4 The thieves forced their way into a single-family home at 152-14 12th Avenue in Whitestone Monday morning just after 9 a.m. Kyle Mazza/NurPhoto/Shutterstock Investigators found it abandoned two blocks away, police said. John Nardone had just climbed out of his car to get to work when he saw the terrified father running out of the house tugging at something on his face. Nardone realized it was duct tape. 'I said, 'are you ok?'' Nardone said. 'He said his kids were in the basement.' Advertisement Nardone called 911 immediately, according to FreedomNewsTV. 4 One of the family's four children who had already left for school accidentally left the door open making it easier for the gunman to enter the home. Kyle Mazza/NurPhoto/Shutterstock 'I honestly didn't really know what he was saying. He didn't really speak the greatest English,' the witness told FreedomNewsTV. 'He seemed really rattled and like he did not know even what was going on. But he was definitely very nervous.' Two police cars responded to the house, which is across the street from PS 193 Alfred J. Kennedy Elementary School, within minutes, Nardone said. He told officers what little he knew. Advertisement 'He was definitely disheveled,' the witness said of the terrified father. 'He was definitely, like, scared. He probably didn't know what just happened himself.' 4 The hooligans forced the family into the basement at gunpoint, tied them up and stretched duct tape over their mouths. Kyle Mazza/NurPhoto/Shutterstock Nardone said he was nervous himself because he was starting his second day at a new job and didn't want to be late. The scene was so bizarre that at first he questioned what he was seeing. 'I was wondering if this was real, because that,' he said referring to the victim running out of a house, 'I've never seen something like that, like a guy come out of his house with duct tape all over his face.' Police are still searching for the suspects and said the incident remains under investigation. Investigators are looking for any video they can find to help identify the brazen gunman.
Yahoo
4 days ago
- Business
- Yahoo
BofA Maintains Hold Rating on PVH Corp. (PVH), Sets $86 PT
In a report released on June 4, BofA analyst Christopher Nardone maintained a Hold rating on PVH Corp. (NYSE:PVH) with a price target of $86.00. The rating update followed the company's release of its fiscal Q1 2025 results on the same day, with revenue growing 2% to $1.984 billion compared to the same period last year. The analyst based the rating on PVH Corp.'s (NYSE:PVH) future outlook and recent financial performance, stating that it reported a minute fall in sales. This was, however, offset by higher SG&A expenses and lower margins, which resulted in a modest EPS beat. The company reported a non-GAAP EPS of $2.30 in fiscal Q1 2025, which surpassed guidance of $2.10 to $2.25. A customer trying on a sports jacket in-store, showcasing the company's sportswear range. Nardone highlighted that while regions such as America and EMEA experienced sales growth, the company's overall performance was negatively impacted by challenges in APAC and licensing. Management decided to lower the EPS guidance for fiscal 2025 to the $10.75 - $11.00 range on a non-GAAP basis compared to a range of $12.40 - $12.75 previously. The analyst reasoned that this drop reflects margin pressure concerns, somewhat influenced by tariffs. PVH Corp. (NYSE:PVH) also reduced EPS guidance for fiscal Q2 2025 to the $1.85 - $2.00 range on a non-GAAP basis. However, Nardone stated that the company has a history of exceeding conservative forecasts. According to the analyst, the valuation appears to mitigate short-term margin challenges through positive sales trends, which supports the Hold rating as the market assesses PVH Corp.'s (NYSE:PVH) potential to drive sales and manage costs. PVH Corp. (NYSE:PVH) is a luxury fashion company that operates Tommy Hilfiger and Calvin Klein brands. While we acknowledge the potential of PVH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
26-05-2025
- Business
- Yahoo
BofA Cuts Deckers' (DECK) Price Target Amid HOKA Growth Concerns
On May 24, BofA Securities analyst Chris Nardone adjusted his price target for Deckers Outdoor Corporation (NYSE:DECK) from $154 to $128 while keeping a Neutral rating. Nardone voiced doubts about Deckers' HOKA brand's ability to spur growth in the cutthroat U.S. running market after sales slowed in the fourth quarter. HOKA's Clifton and Bondi shoe lines now come in a broader range of colors, which the analyst believes could increase sales. However, he is not convinced that the changes in these lines will speed up growth in a meaningful way, and he has projected a 13% growth for HOKA in Fiscal Year 2026. Furthermore, according to Nardone, Deckers' UGG brand may be able to outperform its growth algorithm with the help of pricing strategies and the significant order volumes generated by last year's successful holiday season. According to current trends, the availability of essential UGG products has improved, and the brand is expected to grow by 7% in Fiscal Year 2026, though the analyst warns that price changes may reduce consumer demand. While we acknowledge the potential of DECK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DECK and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None.
Yahoo
26-05-2025
- Business
- Yahoo
BofA Cuts Deckers' (DECK) Price Target Amid HOKA Growth Concerns
On May 24, BofA Securities analyst Chris Nardone adjusted his price target for Deckers Outdoor Corporation (NYSE:DECK) from $154 to $128 while keeping a Neutral rating. Nardone voiced doubts about Deckers' HOKA brand's ability to spur growth in the cutthroat U.S. running market after sales slowed in the fourth quarter. HOKA's Clifton and Bondi shoe lines now come in a broader range of colors, which the analyst believes could increase sales. However, he is not convinced that the changes in these lines will speed up growth in a meaningful way, and he has projected a 13% growth for HOKA in Fiscal Year 2026. Furthermore, according to Nardone, Deckers' UGG brand may be able to outperform its growth algorithm with the help of pricing strategies and the significant order volumes generated by last year's successful holiday season. According to current trends, the availability of essential UGG products has improved, and the brand is expected to grow by 7% in Fiscal Year 2026, though the analyst warns that price changes may reduce consumer demand. While we acknowledge the potential of DECK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DECK and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None. Sign in to access your portfolio
