Albertsons Outperforms Expectations for Q3, Announces Dividend – But is it Time to Buy?
This morning, Albertsons Companies (ACI) released a statement letting shareholders (and potential investors) know that a common stock dividend has been approved by the board of directors. This dividend is for the 5th quarter of fiscal 2022 and shareholders will receive $0.12/share of common stock. This comes after impressive Q3 earnings where the company outperformed expectations. EPS of $0.87/share [...]
Novavax Climbs 15% on New CEO Appointment – Before You Invest, Here are 3 Things to Consider
Monday morning started with a bang for Novavax, a company specializing in developing and selling vaccines - as the name suggests. They’ve played a role in discovering and rolling out vaccines for the seasonal flu, COVID-19, Ebola, and many other illnesses. And today, the company issued a statement announcing the appointment of John Jacobs as CEO. He will also [...]
Should You Buy WWE After a Press Release Sent Shares Up 22%? Here are 3 Key Considerations
This morning, Vince McMahon shocked the wrestling world and sent the stock market in a frenzy all at once. The company he founded - World Wrestling Entertainment, or WWE as it’s more commonly known - is going through an internal shakeup that has wrestling fans and investors alike excited. As the controlling shareholder, McMahon removed 3 board members from [...]
Jazz Up your Portfolio in 2023
Jazz Pharmaceuticals plc (NASDAQ: JAZZ) was founded in 2003 and is incorporated and headquartered in Dublin, Ireland. JAZZ is a fully integrated, global biopharmaceutical company whose stated purpose is to provide innovative solutions and life-changing drugs to transform the lives of patients and their families across the globe, and result in longer lives. The company develops and commercializes neuroscience [...]
Boxed is up 30% as the Company Seeks a Sale – 3 Red Flags Potential Investors Need to See
Boxed - an e-commerce retailer specializing in bulk pantry products - announced today that they are exploring strategic alternatives. Usually, this means the company is looking to be sold and acquired. But, the company continues to look into fundraising initiatives as well. The goal is to announce additional funding in the next 45 days. In order to assist with [...]
Are the Salesforce Layoffs a Good Thing for Investors? Here are 3 Things You Need to See
It wasn’t a great start to the new year for 10% of Salesforce employees who were laid off early Wednesday. The company overextended itself during the pandemic and now, amidst recession fears, is taking a more defensive approach to staffing. As many as 8,000 people will be let go in the coming weeks. CEO Marc Benioff says this move [...]