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Las Vegas Sands Stock Gains Following Q3 Earnings Beat - Here's A Look
Wednesday, October 18, 2023 - 4:36pm | 380Las Vegas Sands Corp. (NYSE: LVS) shares are trading higher in Wednesday’s after-hours session after the company reported better-than-expected third-quarter financial results. What To Know: The company reported quarterly earnings of 55 cents per share, which beat the analyst...
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Why LL Flooring Shares Are Skyrocketing Today
Thursday, October 12, 2023 - 11:44am | 328Live Ventures Inc (NASDAQ: LIVE) has presented a non-binding proposal to acquire LL Flooring Holdings, Inc (NYSE: LL) in an all-cash offer for $5.85 per share, totaling $194.4 million. The offer price represents a 100% premium to LL Flooring's closing share price on October...
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Meet Your Friendly Neighborhood Knightscope Robot
Monday, October 9, 2023 - 8:09am | 1023Click here to learn more about the Knightscope Public Safety Infrastructure Bond. For many decades, people have been imagining how robots would fit into the future. Whether it was Sonny from Isaac Asimov’s I, Robot, the equally awe-inspiring and terror-inducing Terminator, or everyone’s...
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Lowe's Companies To Face Near-term Pressure Amid Soft Housing Market Trends: Analyst
Wednesday, October 4, 2023 - 3:59pm | 464Telsey Advisory Group analyst Joseph Feldman reiterated the Market Perform rating on Lowe's Companies, Inc. (NYSE: LOW), lowering the price target to $225 from $230. Given the tough macro climate for the industry, the analyst reduced 3Q23 and annual estimates on the company...
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Weekly Points – 5 Things To Know In Investing This Week
Wednesday, October 4, 2023 - 12:39pm | 1648The Shutdown Isn’t An Issue Issue Lots of interesting news this week where we address these important questions: Is the coming government shutdown a real problem or just theater? Counter-intuitive inflation: Is there anything the Federal Reserve can do? New home sales plummeting...
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Alphabet To Rally Over 10%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, October 4, 2023 - 8:12am | 542Citigroup raised the price target for LyondellBasell Industries N.V. (NYSE: LYB) from $104 to $106. Citigroup analyst Patrick Cunningham upgraded the stock from Neutral to Buy. LyondellBasell Industries shares gained 0.4% to close at $93.79 on Tuesday. Piper Sandler lowered B&G Foods, Inc...
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Big Move For Small Stores: Macy's Lays Out Plan To Launch Up To 30 Small-Format Stores
Tuesday, October 3, 2023 - 12:29pm | 302Macy's Inc (NYSE: M) has unveiled an accelerated expansion of its small-format store strategy, potentially tripling the total number of its small-format stores through fall 2025. The company will open up to 30 new small-format locations nationwide starting from 2024. The expansion is...
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Toys R Us Strategizes US Comeback With New Stores: Report
Monday, October 2, 2023 - 9:26am | 488Toys R Us is reportedly gearing up for a robust re-entry into the U.S. market. The iconic toy retailer is strategizing to enhance its physical store count, with ambitions to launch as many as 24 new stores, according to a report from CNBC. The brand is also exploring novel...
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Top 4 Consumer Stocks That May Fall Off A Cliff
Friday, September 29, 2023 - 7:44am | 476The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...
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How Lululemon's Peloton Partnership Reframes The MIRROR Setback: Analyst's Take
Thursday, September 28, 2023 - 2:45pm | 352Raymond James analyst Rick B. Patel sees Lululemon Athletica Inc's (NASDAQ: LULU) (Strong Buy rating) partnership with Peloton Interactive Inc (NASDAQ: PTON) as an incremental positive, with the negative impact of MIRROR already reflected in the stock. Yesterday,...
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Marriott's Growth Story Still Charms Despite Global Challenges: Morgan Stanley's Investor Day Recap
Thursday, September 28, 2023 - 1:24pm | 434Morgan Stanley analyst Stephen W Grambling reiterated an Overweight rating on the shares of Marriott International Inc (NASDAQ: MAR) with a price target of $225. At the investor's day, MAR's management noted that the strong near-term demand trends position them to...
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HP, Roblox And 2 Other Stocks Insiders Are Selling
Thursday, September 28, 2023 - 8:04am | 651The Nasdaq 100 closed higher by around 0.2% on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider...
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Peloton Stock Cycles Higher On Lululemon Partnership: The Details
Wednesday, September 27, 2023 - 4:38pm | 461Peloton Interactive Inc (NASDAQ: PTON) shares are popping after the close on Wednesday after the connected fitness company announced a five-year deal with Lululemon Athletica Inc (NASDAQ: LULU). What Happened: Pelton and Lululemon announced a five-year strategic...
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Morgan Stanley Sees Mattel Rising Amidst Challenges, Boosted by Barbie Movie Success and IP Monetization Prospects
Wednesday, September 27, 2023 - 3:41pm | 320Morgan Stanley analyst Megan Alexander initiated coverage on the shares of Mattel Inc (NASDAQ: MAT) with an Overweight rating and announced a price target of $27. The toy industry went through a difficult holiday season in 2022, with store point of sale (POS) down ~5% in 4Q...
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Marriott's Growth Strategy: Morgan Stanley Foresees Upside Amid Recent Market Jitters
Tuesday, September 26, 2023 - 3:10pm | 367Morgan Stanley analyst Stephen W Grambling has reiterated an Overweight rating on the shares of Marriott International Inc (NASDAQ: MAR) with a price target of $225. MAR is set to host its first investor day in over four years on September 27 in Miami. During prior analyst days...