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Why shares of enhabit slumped on tuesday
Enhabit posted a $74.1 million loss in the second quarter. The company's board is looking into a possible sale or merger....
Why opendoor stock was down today
Comments from Fed officials and a strong job openings report pushed mortgage rates higher. Opendoor is especially sensitive to higher rates and has st...
Hersha hospitality trust announces date of special meeting to approve acquisition by ksl capital partners
PHILADELPHIA, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle...
Vestis: a look at the aramark spinoff
Aramark has completed the spinoff of its uniform and workplace business supplies segment now called Vestis. Vestis is a $2.7 billion business with a f...
Takeda's dengue vaccine gets who group's recommendation
American depositary receipts of Takeda Pharmaceutical Co. 4502, -1.79% TAK, -2.16% rose more than 1% in the extended session Tuesday after the Japan-b...
Krispy kreme says it wants to sell its majority stake in insomnia cookies
Krispy Kreme (DNUT) announced Tuesday that it is putting up for sale its majority stake in Insomnia Cookies so that it can focus on its main business,...
Copart: a top-tier compounder i'm buying on weakness
Markets are in turmoil with rising rates and weakening economic growth, causing the underlying economy to suffer. Copart, an industrial stock, offers ...
Brp: strong results despite macro headwinds
The company's revenue increased by 13.9% YoY, while operating margin reached 13.6%. Despite macro uncertainty, the company's target consumer continues...
Why virgin galactic stock is down again today
A falling market and rising interest rates are hitting Virgin Galactic hard today. The company is now going to space regularly but isn't anywhere near...
Zynex: a reassessment
Zynex, Inc. is a pain management company that manufactures and markets medical devices for chronic and acute pain treatment. The stock has fallen by h...
Intel's programmable solutions group to operate as a standalone business
Intel (INTC) announced that its Programmable Solutions Group will operate as a standalone business starting on January 1, 2024. The company says it wi...
One gas: decent dividend but lacking value otherwise
Investing in natural gas remains appealing despite the push towards renewables. ONE Gas Inc has a strong asset base and expected customer growth in ar...
Uaw strike: windfall victory for tesla?
Before the UAW strike, Tesla was already the undisputed leader in the EV space. However, regardless of the outcome, the strike is a windfall victory f...
Buy these 3 stocks for fortress balance sheets
Companies with favorable balance sheet characteristics are better equipped to weather downturns, can pursue growth opportunities, and give peace of mi...
Relative strength alert: top ranked stocks holding up in a weak market
During periods of extended selling, like we have seen over the last few weeks, scanning for stocks showing relative strength can be a great place to l...
Nu skin enterprises to announce third quarter 2023 financial results
PROVO, Utah , Oct. 3, 2023 /PRNewswire/ -- Nu Skin Enterprises, Inc. (NYSE: NUS) today announced it will release third quarter 2023 results after the...
What a soft landing could mean for bank stocks
The financial sector ETF (XLF) has fallen nearly 5 percent over the last three months as the Federal Reserve interest rate tightening has taken its to...
What mccarthy ouster means for markets as investors fret over congressional ‘dysfunction'
Another round of political infighting that ended up spelling the end of Kevin McCarthy's short tenure as House speaker on Tuesday wasn't the primary d...
Top cannabis reits: secure your long-term portfolio with dividends for october 2023
As the cannabis market develops and grows, investors increasingly seek opportunities to benefit from its development potential. Generally speaking, ...
National instruments: nice payoff for long-term holders with the acquisition
National Instruments Corp's financials are mediocre. Emerson Electronics is acquiring National Instruments to expand its portfolio and gain a competit...
Revolut strikes share deal with softbank to remove barrier to uk licence - ft
UK-based fintech company Revolut has agreed to simplify its ownership structure with investor SoftBank, removing one obstacle to win a long-delayed ba...
Intel plans to ipo programmable chip unit within three years; stock rises after hours
Intel said it will continue to support its programmable chip business and will retain a majority stake after a spinout...
Insulet cfo to step down to join 3m's healthcare business
Insulet Corp said on Tuesday Wayde McMillan would step down as the medical device maker's chief financial officer, effective Oct. 20, to join 3M's hea...
Wework shares hit all-time low as firm misses payments on $95 million in debt
WeWork (WE) shares cratered after the shared office-space rental firm said it would miss two interest payments for payment-in-kind (PIK) notes totalin...
Meta considers paid subscription in eu for users to bypass targeted ads
Instagram and Facebook users in the European Union may soon be able to opt out of targeted ads if they pay for a monthly subscription....
Microsoft ceo satya nadella gets honest about bing's chances against google
Satya Nadella, CEO of Microsoft, said Google's dominance of online search is hurting Bing, WSJ reported. The CEO spoke as a witness in the Justice Dep...
Biotechnology breakthroughs: 3 biotech stocks that could make early investors rich
In the landscape of modern medicine, a trio of biotech giants may rewrite the rules of healthcare. In a world where precision and personalization have...
Trending stocks: gm, toyota, molson coors: october 3, 2023
General Motors (GM) and Toyota (TM) posted double-digit sales gains in the third quarter. GM's third-quarter sales were up 21 percent year-over-year a...
Firan technology group corporation (“ftg”) announces third quarter 2023 earnings release and conference call dates
TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the third quarter 2023 financial results after t...
Why mccormick & company stock dropped today
McCormick & Company is growing net sales and profits just not as fast as investors had hoped. Weak results in China seem to be the primary culprit for...
Exg: a history of underperformance but an attractive 9.10% yield
Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a popular global income-focused closed-end fund that offers diversification outside t...
Q4 stock predictions: 3 meme stocks ready to move higher heading into 2024
The world of “meme stocks to buy” is buzzing afresh following the recent release of Dumb Money. The latest cinematic dives into the retail trading...
Correction - covenant logistics group, inc. announces timing of third quarter earnings release and conference call
CHATTANOOGA, Tenn., Oct. 03, 2023 (GLOBE NEWSWIRE) -- In a release issued earlier today by Covenant Logistics Group, Inc. (Nasdaq: CVLG), the wrong q...
Spotify to offer more than 150,000 audiobooks as part of premium plan
Streaming service Spotify Technology SPOT, -2.28% on Tuesday said it would make more than 150,000 audiobooks available to its Spotify Premium subscrib...
Intel plans to ipo its programmable solutions group over next few years
Intel Corp. shares rose in the extended session Tuesday after the chip maker announced plans to spin off one of its units as a public offering over th...
