It’s been a tumultuous week for Spirit Airlines (SAVE) and its investors, as the stock plummeted more than 60% after a judge blocked a deal for the budget airliner to be acquired by competitor JetBlue Airways. It’s been rumored that the company could be headed toward bankruptcy. But, SAVE is turning things around to [...]
Plug Power Inc. (PLUG) is down more than 8% so far in Thursday’s trading session after the stock received a downgrade from a team of analysts at SIG Susquehanna. As economic challenges continue to mount, the company has been changed from positive to neutral. Biju Perincheril and a team of other analysts pointed to [...]
Last week an Alaska Airlines flight experienced a near disaster on its flight from Portland, Oregon to Ontario, California. A Boeing 737 Max 9 aircraft experienced a full panel blowout just 6 minutes into the flight. As a result of the scare, the Federal Aviation Administration (FAA) made the decision to ground 171 Boeing [...]
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, [...]
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 [...]
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 [...]
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, [...]
United Airlines (UAL) dropped more than 8% in Wednesday morning’s trading session after the company issued a grave profit warning along with its 3rd quarter earnings results. Adjusted earnings per share came in at $3.65 compared to the $3.35 analysts were looking for. Revenue narrowly outperformed the estimate at $14.48 billion compared to $14.44 [...]
Booz Allen Hamilton (BAH) is among many other AI stocks to make headlines recently. The consulting services firm got a boost after a Bank of America upgrade from neutral to buy. The firm raised its price target from $110 to $130. The AI company shares its data with the military and intelligence industry. It [...]
By Leslie N. Masonson, MBA Brady Corporation (BRC), a NYSE firm incorporated in 1914, is headquartered in Milwaukee, Wisconsin. Currently, the company employs 5,600 individuals and has 44 million shares outstanding. BRC has reported revenues totaling $1.32 billion and annual sales of $1.33 billion. BRC’s market capitalization stands at $2.5 billion, and it pays [...]
