Shares of the iconic English soccer club Manchester United (MANU) enjoyed a nice 3% boost after the holidays in Tuesday morning’s trading session. The stock is up on news of Sir Jim Ratcliffe securing a 25% stake in the club. The deal between Ratcliffe and the club was announced on Christmas Eve and sent [...]
by Leslie N. Masonson, MBA TriNet Group, Inc. (NYSE:TNET), was incorporated in 1988 in Dublin, CA where it is currently headquartered. It has $4.9 billion in annual sales and a market capitalization of $6 billion with 339,341 full-time employees. The company provides comprehensive human resource solutions and consulting services to small and mid-sized businesses, [...]
Carnival (CCL) got a nice 2% bump to start Friday’s trading session before ultimately falling a bit below its opening price. Nevertheless, the stock is up 3% in the past week as the company delivered upbeat earnings for the fiscal fourth quarter. While Carnival still posted a loss of 7 cents, analysts were forecasting [...]
Amidst a thriving crypto market, Coinbase Global (COIN) has seen its stock surge an astounding 375% this year, and 120% in the past 3 months alone. The stock fell off a cliff back in 2022 after reaching a high of $342/share. It fell to a low of $33/share just about a year ago. It’s [...]
In a crushing quarter 2 report released yesterday, FedEx (FDX) cut its full-year revenue to $22.2 billion in 2024 from $22.8 billion in 2023. The report caused FedEx to fall 9.8% in the stocks, ruining months of gains. Despite the market’s adverse reaction, nobody can blame a company for cutting costs during high interest [...]
Lowe’s (LOW) slipped a little over 1% in Wednesday's trading session after delivering disappointing Q3 earnings followed by a reduced guidance for the year ahead. While the home improvement retailer did exceed the earnings expectation with $3.06/share compared to the $3.02/share consensus, a cinch in consumer spending is becoming more and more apparent. The [...]
FuelCell Energy (FCEL) was rallying hard in the past week leading into the company’s Q4 earnings day. The stock had climbed nearly 45% as investors were optimistic about what was to come. That trend has completely reversed as the company delivered disappointing results for the quarter in Tuesday’s trading session. FCEL is down nearly [...]
Shares of Nio Inc. (NIO) started Monday morning on a solid note, gaining 8% in pre-market trading before settling at around a 5% gain when the market opened. This came after the electric vehicle manufacturer released a statement that it had received a $2.2 billion investment. The cash infusion came from Abu Dhabi investor [...]
by Leslie N. Masonson, MBA Gibraltar Industries (Nasdaq:ROCK), was incorporated in 1972 in Buffalo, New York where it is currently headquartered. It has $1.36 billion in annual sales and a market capitalization of 2.37 billion with 2,117 full-time employees. As a conglomerate, the company manufactures and distributes building products for the renewable energy, residential, [...]
Scholastic Corporation (SCHL) reported Q2 earnings Thursday after the bell, sending shares lower in extended trading. They pick up where they left off Friday morning when the market opened, falling 12% so far. This came after the company, which offers resources and tools for educators, families, and kids themselves, reported disappointing results for the [...]
