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Quest resource: the debt situation seems unsustainable
The company's revenues have almost tripled since 2020 and TTM adjusted EBITDA stands at $16.7 million. Yet, rising interest rates boosted interest exp...
U.s. bank lending holds steady in latest week
The numbers: Commercial and industrial loans — a key economic driver — held roughly steady in the week ending July 5, the Federal Reserve said Fri...
Why novo nordisk stock flew higher on friday
An analyst initiated coverage of the hot pharmaceutical title with a buy recommendation. This followed new indications that demand for Wegovy is surgi...
Goldman sachs maintains robinhood markets' neutral recommendation
Fintel reports that on July 13, 2023, Goldman Sachs maintained coverage of Robinhood Markets Inc....
After soaring nearly 250% in 2023, is the metals company stock a buy?
The Metals Company seeks to mine the seafloor for metals needed for EV batteries. The company has access to a robust resource with ample amounts of ni...
Florida cfo rips farmers insurance becoming the ‘bud light' of the industry
Florida Chief Financial Officer Jimmy Patronis says communication and negotiations have been met with 'atrocious' effort from Farmers Insurance, which...
Tetra technologies, inc. announces second quarter 2023 earnings release conference call and webcast
THE WOODLANDS, Texas , July 14, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will rele...
Conagra ceo notes 'hunkering down' behavior in grocery shoppers
Conagra Brands CEO Sean Connolly on Thursday revealed a 'likely temporary' behavior shift the company has observed from shoppers: 'hunkering down' ove...
Eli lilly buys versanis to boost its obesity drug portfolio
Eli Lilly agreed to buy biopharma firm Versanis for up to $1.93 billion, boosting Lilly's reach into the obesity drug market....
Homebuilder lennar's co-ceo is retiring in september
Homebuilder Lennar Corp. LEN, +2.43% on Friday said that Rick Beckwitt has decided to retire as a co-CEO and co-president of the company and step down...
Why quantum-si stock was highly volatile today
Quantum-Si stock jumped early in Friday's trading on news that Ark Invest had purchased more shares. But investors taking profit on the stock and a re...
Dte energy schedules second quarter 2023 earnings release, conference call
Detroit, July 14, 2023 (GLOBE NEWSWIRE) -- DETROIT, Jul. 14, 2023 – DTE Energy (NYSE:DTE) will announce its second quarter 2023 earnings before the ...
Here's why target tumbled to the tune of 11% during the first six months of 2023
Sales growth has slowed to a crawl, and profits are shrinking thanks to rising operating costs. Meanwhile, consumers themselves are feeling the sting ...
Landmark bancorp, inc. announces conference call to discuss second quarter 2023 earnings
Manhattan, KS, July 14, 2023 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (Nasdaq: LARK) announced that it will release earnings for the second quarter ...
What amazon prime day data could tell retailers about 2023 holiday shopping
Vice President & Principal Analyst Melody Brue evaluates the numbers from Prime Day and what it all could mean for this year's holiday retail sales....
Why invesco qqq etf jumped 38.7% in the first half of 2023
Technology stocks enjoyed a resurgence in the first two quarters. The Nasdaq 100, which the QQQ tracks, had a record first half....
Sell li auto stock at its likely peak
Li Auto is a $37 billion market cap Chinese company that focuses on designing, developing, manufacturing, and selling new energy vehicles in China. I...
U.s. silica announces timing of earnings release and investor call
KATY, Texas , July 14, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it will release its second quarter 2023 finan...
Why are dow stocks up today?
At the market's close, Dow Jones Industrial Average-indexed stocks inched into the green, headed for the fourth consecutive day of gains. Whilst the S...
Why shares of new gold, fortuna silver mines, and coeur mining are soaring this week
New Gold and Fortuna Silver Mines reported strong mineral production in Q2 2023. Both New Gold and Fortuna maintain 2023 mineral-production guidance....
Paramount parent in discussions to renegotiate some debt: wsj
National Amusements, the media and movie-theater company that controls Paramount Global PARA, -5.11% is trying to rework the terms of some of its debt...
Us virgin islands demands $150 mln penalties, other damages from jpmorgan in epstein case
The U.S. Virgin Islands said it wants JPMorgan Chase to pay $150 million in civil penalties plus additional damages to resolve a lawsuit accusing the ...
Hireright holdings: not the right stock yet (rating downgrade)
HireRight Holdings Corporation has seen a violent standstill and actual reversal of sales growth in recent times. This hurts the margin profile of the...
Dow jones today: index up on healthcare earnings
Primarily on the strength of UnitedHealth Group's earnings, the Dow Jones gained 125 points, finishing higher every day this week...
Why tech stocks jumped in the first half of 2023
An improving economy has led investors to jump back into high-potential tech stocks. Cost cuts made at the start of 2023 could drive higher profitabil...
4 green flags for salesforce's future
Salesforce's margins are expanding at an impressive rate. Its new AI Cloud will upgrade its CRM platform with generative AI tools, and its deepening p...
Why enterprise software stocks jumped in the first half of 2023
Cost cuts put in place earlier this year brought operational focus to the tech industry. An anticipated slowdown doesn't seem to have happened....
Greenpower announces conference call covering fourth quarter and year-end results to be held on july 17, 2023
VANCOUVER, BC , July 14, 2023 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distr...
Gold's rally continues: aiming for new historical highs eventually
Gold maintains its bullish momentum as buyers overtake sellers, signaling potential strength and a continued rally....
Rackspace restructures to counteract revenue decline and operating losses
Rackspace Technology, Inc. provides organizations with an array of Public and Private Cloud services. The firm will likely produce top line revenue co...
Q2 earnings season: a good start so far
There was plenty to like from the banks, with the resilient economy helping keep credit demand positive and higher interest rates allowing them to cha...
Edap: reiterate buy after multiple investment updates
EDAP TMS S.A. shares have pushed lower in H2 FY'23, presenting an opportunity to add on weakness. EDAP's Q1 revenues were up 13.8% YoY, with HIFU sale...
Orion office reit inc. announces second quarter 2023 earnings release and webcast dates
PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focus...
Why is nokia (nok) stock down 9% today?
Nokia (NYSE: NOK ) hasn't been able to catch a break this year, something that has only been accentuated today by an unscheduled business update. Spec...
Invesco executes share splits: what this means for investors
Invesco is executing share splits for several funds in its range of equity ETFs. The Atlanta-headquartered firm is executing forward splits for 23 fun...