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US Stock Futures Down Ahead Of Powell, PMI Data; Crude Oil Falls Sharply
Friday, September 23, 2022 - 4:10am | 839Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Dow Jones closed lower by more than 100 points, while the Nasdaq Composite fell around 150 points in the previous session after the US Federal Reserve, on Wednesday, raised...
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Pentagon Makes Efforts To Lower Dependency On Chinese Material Supplies: Report
Monday, September 19, 2022 - 7:17am | 367The Wall Street Journal reported that Pentagon's executives and department officials are intensifying efforts to cut U.S. defense companies' ties with the global supply chain from China. As per the report, the Defense Department is using artificial intelligence to develop the...
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Air Canada Joins the List of United Airlines, Mesa Air In Placing Order For Battery Powered Aircrafts
Friday, September 16, 2022 - 6:08am | 401Air Canada (OTCMKTS: ACDVF) said it would buy electric planes for the first time by acquiring 30 battery-powered regional aircraft from Sweden-based Heart Aerospace. The release did not disclose a value for the deal. The revolutionary regional aircraft, expected to enter service in...
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Nikola, Bed Bath & Beyond And Some Other Big Stocks Moving Higher In Today's Pre-Market Session
Wednesday, September 14, 2022 - 6:22am | 370U.S. stock futures traded higher this morning ahead of the PPI data for August. Here are some big stocks recording gains in today’s pre-market trading session. MAG Silver Corp. (NYSE: MAG) rose 8.5% to $13.78 in pre-market trading after declining around 6% on Tuesday. The company, last month...
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Pilot Pay Is Starting To Hurt Airline Profit. One Carrier Is Using An Unusual Strategy To Gain An Advantage
Thursday, September 8, 2022 - 3:11pm | 443Raymond James analyst Savanthi Syth downgraded Mesa Air Group Inc (NASDAQ: MESA) and SkyWest Inc (NASDAQ: SKYW) to Underperform as she believes the pilot rates being established across the regional industry will diminish the earnings power of regional airlines. American...
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Lockheed Martin Lags Defense Peers On Slower Top-Line Growth Outlook & Lack Of Catalysts, Says This Analyst
Tuesday, August 30, 2022 - 1:59pm | 233RBC Capital analyst Ken Herbert initiated coverage on Lockheed Martin Corp (NYSE: LMT) with a Sector Perform rating and a price target of $460, implying an upside of 7.9%. The analyst mentions that as the largest defense contractor globally, LMT is often viewed as a proxy for...
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Why IN8bio Is Trading Higher By 46%, Here Are 54 Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 30, 2022 - 12:23pm | 1865Gainers NewAge, Inc. (NASDAQ: NBEV) rose 54.4% to $0.3220. IN8bio, Inc. (NASDAQ: INAB) jumped 46% to $2.89 after a Form 4 Filing showed Cavu Advisors purchased 51,214 shares at an average price of $2.02. HC Wainwright & Co. initiated coverage on IN8bio with a Buy rating and announced a price...
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BJ's Wholesale Club, Cisco, Canadian Solar And Some Other Big Stocks Recording Gains On Thursday
Friday, August 19, 2022 - 4:18am | 616U.S. stocks closed mostly higher on Thursday. Here is the list of some big stocks moving higher in the previous session. Wolfspeed, Inc. (NYSE: WOLF) shares surged 31.8% to settle at $112.91 after the company reported better-than-expected Q4 EPS and sales results. Additionally, multiple firms...
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LSI Industries Q4 Earnings Exceed Street Expectations
Thursday, August 18, 2022 - 1:47pm | 273LSI Industries, Inc. (NASDAQ: LYTS) reported fourth-quarter sales growth of 32% year-over-year to $127.47 million, beating the consensus of $109 million. Lighting Segment net sales $67.8 million (+29% Y/Y) and Display Solutions Segment net sales $60 million (+35%Y/Y). Adjusted EPS...
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Why Quoin Pharmaceuticals Plunged Over 62%; Here Are 120 Biggest Movers From Friday
Monday, August 8, 2022 - 2:05am | 4007Gainers Cooper-Standard Holdings Inc. (NYSE: CPS) jumped 69.6% to close at $8.53 on Friday following better-than-expected Q2 results. Intelligent Living Application Group Inc. (NASDAQ: ILAG) surged 64.4% to settle at $3.60 amid volatility in several recent small-cap IPOs. Marker Therapeutics, Inc...
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Why Cooper-Standard Is Trading Higher By 70%, Here Are 81 Stocks Moving In Friday's Mid-Day Session
Friday, August 5, 2022 - 11:53am | 2685Gainers Assure Holdings Corp. (NASDAQ: IONM) shares jumped 88.8% to $3.9650 after jumping around 104% on Thursday. Cooper-Standard Holdings Inc. (NYSE: CPS) rose 70.4% to $8.57 following better-than-expected Q2 results. Marker Therapeutics, Inc. (NASDAQ: MRKR) shares jumped 66.6% to $0.5498. The U...
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Block, Lockheed Martin And 2 Other Stocks Insiders Are Selling
Friday, August 5, 2022 - 7:44am | 620The US economy added 528,000 jobs in July. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the...
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Hudson Technologies, Lennox Enter Strategic Alliance
Monday, August 1, 2022 - 1:31pm | 205Hudson Technologies, Inc. (NASDAQ: HDSN) and Lennox International Inc. (NYSE: LII) have agreed to align their efforts to meet the CARB Regulation Order for Certified Reclaimed Refrigerant Use Requirements for Manufacturers of AC Equipment. As per the agreement, Hudson will be...
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Chevron To $185? Plus Stephens Predicts $800 For This Stock
Monday, August 1, 2022 - 8:08am | 432Mizuho raised the price target for Automatic Data Processing, Inc. (NASDAQ: ADP) from $250 to $257. ADP shares rose 0.4% to $242.12 in pre-market trading. Raymond James raised the price target on Arthur J. Gallagher & Co. (NYSE: AJG) from $195 to $205. Arthur J. Gallagher shares fell 0.9%...
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Southwest To Retain Its Position Of Strength, Says This Analyst
Friday, July 29, 2022 - 2:39pm | 446Raymond James analyst Savanthi Syth lowered the price target for Southwest Airlines Co (NYSE: LUV) to $51 (an upside of 34%) from $55 while maintaining the Strong Buy rating on the shares post its Q2 results. The analyst believes Southwest sees the same trends as the rest...