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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...
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Knightscope 9-Month Financial Report: Company Triples Net Revenue, Reduces Backlog
Monday, November 27, 2023 - 9:08am | 985Click here to learn more about the Knightscope Public Safety Infrastructure Bond. Technology is advancing quicker than ever with robotics, AI and space technology becoming not just possible but integrated into everyday life. The robotics market was valued at $31.38 billion in 2021 and is expected...
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Why Home Improvement Retailer Lowe's Shares Are Falling Today
Tuesday, November 21, 2023 - 9:47am | 296Lowe's Companies Inc (NYSE: LOW) shares dropped after it reported third-quarter FY23 earnings and slashed the guidance. The company reported a third-quarter FY23 sales decline of 12.8% year-on-year to $20.47 billion, missing the analyst consensus estimate of $20.88 billion. Comparable...
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McDonald's Expands Stake In China: Acquires Carlyle's Stake In McDonald's China
Monday, November 20, 2023 - 1:36pm | 263McDonald's Corp (NYSE: MCD) has agreed to acquire global investment firm Carlyle Group Inc's (NASDAQ: CG) minority ownership stake in the strategic partnership that operates and manages McDonald's business in mainland China, Hong Kong and Macau. The financial details...
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Lululemon's Brand Loyalty & Expansion Opportunities In Focus, Analyst Sees Attractive Entry-Point For Investors
Friday, November 17, 2023 - 3:06pm | 392Truist Securities analyst Joseph Civello initiated coverage on Lululemon Athletica Inc. (NASDAQ: LULU) with a Buy rating and price target of $500. According to the analyst, Lululemon has some of the strongest brand loyalty in the activewear industry as its direct-to-consumer (...
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Why Department Store Major Macy's Shares Are Shooting Higher Today
Thursday, November 16, 2023 - 10:56am | 417Department store chain Macy's Inc (NYSE: M) shares are surging today after it reported third-quarter FY23 earnings. The company reported a third-quarter FY23 sales decline of 7% year-on-year to $4.86 billion, beating the analyst consensus estimate of $4.79 billion. Brick-and-...
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Technology-Based Education Company Stride Forecasts EPS To More Than Double By 2028: Details
Wednesday, November 15, 2023 - 6:43am | 324Stride Inc (NYSE: LRN) disclosed its long-term strategy ahead of investor day yesterday. The company expects FY28 revenue of $2.7 billion-$3.3 billion, adjusted operating income of $415 million-$585 million, and EPS of $6.15-$8.35. James Rhyu, Stride CEO said, "We also see a clear...
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Why Macy's Shares Are Gaining Today
Tuesday, November 14, 2023 - 2:28pm | 410Macy's Inc (NYSE: M) has expanded Disney products from the Walt Disney Company (NYSE: DIS) across all categories during the Holiday season. To celebrate Disney's 100th anniversary, Macy's launched a collection of products for all ages, including toys, jewelry and...
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Hard-Surface Flooring Retailer LL Flooring's Shares Are Ticking Higher: What's Going On?
Tuesday, November 14, 2023 - 12:16pm | 486Private equity firm F9 Investments, LLC has proposed to acquire all the issued and outstanding shares of common stock of LL Flooring Holdings Inc (NYSE: LL) for $3.00 per share. F9 Investments, together with its affiliates, collectively owns approximately 8.8% of LL...
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Why Doughnut Company Krispy Kreme's Shares Are Getting Battered Today
Thursday, November 9, 2023 - 12:03pm | 408Krispy Kreme Inc (NASDAQ: DNUT) shares are trading lower after the company delivered third-quarter FY23 earnings. DNUT reported third-quarter FY23 sales growth of 7.9% year-on-year to $407.37 million, missing the analyst consensus estimate of $413.93 million. Organic revenue growth of 9.6...
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McDonald's UK Chief Faces Parliament Over Workplace Misconduct Claims: Report
Thursday, November 9, 2023 - 9:49am | 327Alistair Macrow, the head of McDonald's Corp (NYSE: MCD) in the United Kingdom and Ireland, is reportedly set to face a parliamentary inquiry. This summons comes in the wake of serious accusations, including sexual misconduct, discriminatory practices, and harassment within the...
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Short The Criminals: Knightscope's Momentum And Double Digit Growth Could Mean A Safer World
Thursday, November 9, 2023 - 9:27am | 1216Click here to learn more about the Knightscope Public Safety Infrastructure Bond. While the world overall has become more peaceful in the past century, the aftermath of the pandemic has seen an increase in violence in certain areas of the country and internationally. For example, California has...
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Hard-Surface Flooring Retailer LL Flooring Dodges Guidance: Here's Why
Wednesday, November 8, 2023 - 9:53am | 505LL Flooring Holdings, Inc (NYSE: LL) reported a third-quarter FY23 sales decline of 19.7% year-on-year to $215.85 million, beating the consensus of $212.80 million. Sales decline was attributed to a decrease in transaction count, reflecting lower spending by consumers and Pros. Total...
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Lowe's Performance To Dip As Home Improvement Market Faces Economic Headwinds: Analyst
Tuesday, November 7, 2023 - 3:58pm | 324RBC Capital Markets analyst Steven Shemesh initiated coverage on Lowe's Companies, Inc. (NYSE: LOW) with a Sector Perform rating and a price target of $194. The analyst says while Lowe's under-penetration in its Pro business presents a share gain/margin opportunity in...