Brady Corporation (BRC) opened up Tuesday’s trading session with a bang. The company reported record earnings for the fiscal fourth quarter, released its fiscal 2024 earnings outlook, and expanded its share buyback program. BRC has gained more than 12% so far this morning as a result. The company, which operates in the Identification Solutions [...]
Shares of 3M (MMM) started the week strong with a 5% gain upon news that the company has settled a legal battle with the US Military. The industrial manufacturing company will pay out $5.5 billion for defective combat earplugs. The case in its entirety represents more than 300,000 separate suits. While 3M claimed the [...]
By Leslie N. Masonson, MBA Gibraltar Industries, Inc. (ROCK), is a Nasdaq-listed firm incorporated in 1972 that is headquartered in Buffalo, NY. The company employs 2,117 individuals. There are 30.4 million shares outstanding. Revenues totaled $1.37 billion, and ROCK’s market cap is $2.2 billion. Gibraltar is a leading manufacturer of building products for [...]
by Leslie N. Masonson, MBA Stealthgas Inc. (GASS), is a Nasdaq-listed firm incorporated in 2004 with headquarters in Athens, Greece. The company provides global seaborne transportation services to LPG producers and users, as well as ships natural gas and crude oil. The company maintains a fleet of 36 LPG ships with a capacity of [...]
by Leslie N. Masonson, MBA Delta Air Lines, Inc. (DAL), is a NYSE-listed firm founded in 1928 with headquarters in Atlanta. As one of the world’s largest airlines, it offers over 300 destinations with a workforce of 95,000, revenues of $51 billion, and a market cap of $28.7 billion. The firm provides global airline [...]
General Electric (GE) is one of the oldest companies currently publicly traded. But, despite being more than 130 years old, the saying that “you can’t teach an old dog new tricks” doesn’t apply here. As the company finally nears the end of its multi-year turnaround, things are looking positive. In fact, the stock has [...]
Yesterday in Wednesday’s trading session, Union Pacific (UNP) gained more than 12% after news of the railroad operator's new CEO taking the helm. The buzz over Jim Vena taking the reins of the company managed to steal the spotlight from what ended up being a quarter of underperformance. During the second quarter, the railroad [...]
Raytheon Tech (RTX) is down more than 15% so far in Tuesday morning’s trading session. If this trend holds, it will be the biggest selloff for this stock since 9/11. So, what happened? The US defense contractor and industrial corporation is facing concerns with certain airplanes it produced. The company has released a statement [...]
KBR, inc. (KBR) started the week strong with exciting news of a deal with NASA. The science, technology, and engineering company has secured a $1.9 billion contract with the government agency to plan, train and fly NASA human spaceflight programs. While the initial pre-market reaction to this news was positive, we haven’t seen much [...]
Plug Power Inc. (PLUG) has been steadily climbing over the last month - when it first caught our attention. And it appears that the stock just got another good gust of wind in its sails, as shares are climbing 3% higher so far in Wednesday’s trading session. This time, it's the news of a [...]
