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Lennar's Agile Strategy In Challenging Market Yields Growth: Analyst Boosts Price Target By 10%
Tuesday, December 19, 2023 - 3:29pm | 504Raymond James analyst Buck Horne reiterated an Outperform rating on the shares of Lennar Corp (NYSE: LEN) raised the price target from $150 to $165. Lennar reported core EPS of $5.17 for its F4Q23 results, topping estimates of $4.59. Another upside quarterly result...
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KFC Plucks Up Major Milestone With 10,000th China Store Opening
Tuesday, December 19, 2023 - 11:11am | 1374Key Takeaways: KFC has opened its 10,000th China store in Hangzhou, and plans to accelerate net new openings to about 1,200 annually over the next three years The chain has bounced back strongly post-pandemic, but faces uncertainties due to growing Chinese consumer caution By Doug Young Some...
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Unleashing Growth Potential: McDonald's Surpasses Expectations with Strong Performance and Increasing Profits
Friday, December 15, 2023 - 11:05am | 901Investors eagerly anticipate the dividend payout from McDonald's (NYSE:MCD) on December 15, 2023. With a payout of $1.67 per share and an annualized dividend yield of 2.62%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on November 30, 2023 McDonald's...
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American Girl Dolls Leap To Big Screen In Mattel, Temple Hill & Paramount's Latest Film Venture
Thursday, December 14, 2023 - 8:45am | 343Mattel Inc (NASDAQ: MAT), Paramount Global's (NASDAQ: PARA) Paramount Pictures, and Temple Hill Entertainment plan to develop a live-action feature film based on the American Girl doll line. American Girl will be distributed by Paramount Pictures and produced...
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Weekly Points – 5 Things To Know In Investing This Week
Wednesday, December 13, 2023 - 1:04pm | 2182The Smart People Doing Smart Things Issue Ok – kind of a quirky title, but a lot of smart people were saying smart things in public this week. Peter Schiff made an excellent point in favor of property rights including for Bitcoin which he hates. Moody’s is late, but correct on a...
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Investor Group Pitches $5.8 Billion Acquisition Proposal For Macy's
Sunday, December 10, 2023 - 6:22pm | 422An investor consortium has tabled a $5.8 billion bid to acquire Macy's Inc. (NYSE: M), in an attempt to privatize the iconic department store chain. This comes as Macy's grapples with mounting competition from digital retailers, which has significantly eroded its market value. As per The...
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Lululemon Q3 Earnings Overview: EPS Beat, Revenue Beat, Comps Up 13%, $1B Buyback And More
Thursday, December 7, 2023 - 5:23pm | 524Lululemon Athletica Inc (NASDAQ: LULU) reported third-quarter financial results Thursday after the bell. Here's a look at the key metrics from the quarter. Q3 Earnings: Lululemon said third-quarter revenue increased 19% year-over-year to $2.2 billion, which beat the ...
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Why Media Company Lee Enterprises Stock Is Sliding Today
Thursday, December 7, 2023 - 12:15pm | 336Lee Enterprises Inc (NASDAQ: LEE) reported Q4 FY23 operating revenue was $164.0 million, missing the consensus of $173.4 million. Total Digital revenue increased 14% Y/Y to $73 million in the quarter. Digital-only subscription revenue rose 68% Y/Y, led by an increase of 36% Y/...
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5 Things To Know In Investing This Week: The Government And Consumer Big Spending Issue
Wednesday, December 6, 2023 - 4:15pm | 1902It was a big week for spending. The consumer bought huge amounts of holiday gifts. (For my fellow Michiganders, the consumer did get much on sale because they require big savings.) The government bought a big positive revised GDP print. And Sheldon Adelson’s widow, Miriam, bought most of a...
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McDonald's Decision To Bet On China Seems Risky But May Pay-Off Greatly: Report
Monday, December 4, 2023 - 10:19am | 284McDonald's Corp's (NYSE: MCD) decision to take greater control of its China business and expand aggressively amid consumer slowdown and geopolitical tensions reportedly seems risky, but the potential pay-off is great. MCD's move contrasts sharply with the ongoing trend of...
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Choppier Macro Environment Likely To Be A Catalyst For McDonald's, Says Analyst
Friday, December 1, 2023 - 3:13pm | 359Oppenheimer analyst Brian Bittner reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) with a price target of $315.00. The company's investor conference has been scheduled for December 6. The analyst believes MCD could follow similar...
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Lululemon's Global Expansion And Steady Performance: Analyst Sees Robust Q3 Amid Retail Challenges
Friday, December 1, 2023 - 2:28pm | 384Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Lululemon Athletica Inc (NASDAQ: LULU) with an unchanged price target of $450. LULU is set to report third-quarter results after the market closes on Thursday, Dec 7, 2023. The...
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Thriving with Robust Performance: Nathan's Famous Delivers Growing Profits to Investors
Friday, December 1, 2023 - 11:05am | 923On December 01, 2023, Nathan's Famous (NASDAQ:NATH) will distribute a dividend payout of $0.50 per share, equating to an annualized dividend yield of 3.09%. Shareholders who owned the stock before the ex-dividend date on November 17, 2023 will receive this payout. Nathan's Famous Recent Dividend...
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Weekly Points – 5 Things To Know In Investing This Week
Wednesday, November 29, 2023 - 11:12am | 1775The Freedom Issue While Americans are focused on our own coming (and just passed) elections, Argentina had a monumental event. Using national ID and paper ballots, they were able to get votes counted the same night and found that a small-government capitalist in favor of sound money had won a huge...
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Analysts Highlight Healthy Traffic And Discounts On Black Friday - How's The Trend?
Monday, November 27, 2023 - 2:55pm | 981BofA analyst Justin Post reiterated a Buy rating on Amazon.Com Inc (NASDAQ: AMZN) and a price target of $168. Also Read: Thanksgiving US Online Sales Rise To $5.6B: Adobe Analytics Report The stock seems well-positioned to benefit from improving (post-reopening) online...