On Wednesday, Meta (META) delivered an impressive earnings report for the quarter that ended in June. CEO Mark Zuckerberg has been calling this the “year of efficiency” since February after the company took a step backward. Since then, it’s been smooth sailing. Meta’s revenue soared to $32 billion for the quarter, which was an [...]
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 [...]
On Tuesday after the market closed, Wells Fargo & Company (WFC) released a statement that its board of directors approved an increase to the quarterly common stock dividend - much to the delight of investors. The company was already paying a quarterly dividend of $0.30, but the company has raised that up to $0.35 [...]
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 [...]
by Leslie N. Masonson, MBA Blackstone Inc., a NYSE-listed firm (BX), founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson, went public in 2007. It is headquartered at 345 Park Avenue in New York City, with a workforce of nearly 4,700 and revenues of $7.3 billion, and a market-cap of $132 billion. [...]
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 [...]
Just a month ago after Netflix (NFLX) squashed password sharing, the stock got an upgrade and began rallying. But today, the streaming provider has taken a step backward after falling short of analyst estimates for the second quarter. Making matters worse, the company’s guidance for the 3rd quarter is below expectations, too. That being [...]
Johnson & Johnson (JNJ) has had its ups and downs over the past few months, but it appears as if steady growth is ahead. The company has boosted its previous guidance for the year after Thursday’s earnings report came in well above analyst expectations. Johnson & Johnson saw sales growth of 6.3% for the [...]
Carvana (CVNA) just fueled up and is on the road to better days ahead. After falling below $4/share earlier in January of this year, the stock is back up to where it once sat at $53/share. We’ve witnessed an impressive 141% turnaround in the last year, and nearly 35% of that came just this [...]
by Leslie N. Masonson, MBA Bel Fuse Inc. Inc., a Nasdaq-listed firm (BELFB) headquartered in Jersey City, New Jersey, with a workforce of 7,000 employees, has a long history being established in 1949. The company is engaged in the design, manufacture, and sales of products for telecommunications and networking applications in the United States [...]
