Chevron (CVX) announced Wednesday after trading hours that the company has approved a stock buyback program along with a dividend hike. After an incredible year for the energy sector as a whole - and Chevron as a company - they are investing in themselves and giving back to shareholders. The energy giant has been [...]
It looks as if the positive price trend AT&T (T) has experienced over the last 3 months will continue. Early Wednesday morning, the telecommunications company reported fourth-quarter earnings that left analysts and investors excited, sending the stock over 6% higher by 10:30 AM EST. Adjusted earnings came in at $0.61 cents/share, up 9% from [...]
Manufacturing giant 3M (MMM) delivered a lackluster performance in the most recent quarter. The company missed expectations for profits - but the real concern is the outlook for the year ahead. In this quarter last year, 3M recorded a net income of $1.34 billion - or $2.31 a share. This year, the figure was [...]
Target Hospitality Corp (TH)., founded in 1978, is headquartered in The Woodlands, Texas. It operates the largest vertically integrated specialty rental and value-added hospitality services company in the United States. Target builds, owns, and operates a network of communities for various end users and offers catering and food, concierge, laundry, maintenance, groundskeeping, logistics, security [...]
After a tough 2022 for Shopify, it appears things are headed back in the right direction - and analysts at Deutsche Bank have taken a strong bullish stance on the stock. What are they seeing that caused them to change their rating for SHOP from HOLD to BUY? And, is now the time for [...]
Yesterday, a South Florida jury determined that Flo Rida won his lawsuit against Celsius over breach of contract. The damage for Celsius came out to $82 million after they didn’t hold up their end of the deal in an endorsement deal that took place from 2014-2018. Flo Rida was promised a 1% stake in [...]
Oatly (OTLY) - the plant-based food brand - was upgraded to a buy rating by analysts at Mizuho Thursday morning. This Japanese bank claims the bear run is over for Oatly, and they’re poised to make a run. And a serious run at that - with a price target set at $6. This is [...]
Wednesday morning saw Charles Schwab Corp. (SCHW) drop nearly 4% by 11 AM EST - down to $80/share. This resulted from a dismal earnings report for the fourth quarter. Charles Schwab, a company engaged in wealth management, brokering, and other financial advisory services, fell short of analyst expectations for both adjusted earnings and revenue. [...]
Roblox (RBLX) shares made quite the jump in Tuesday morning trading after a favorable update in December. The stock is up 12% as of 11:30 AM EST - but what has analysts and investors so excited about this stock? This stock’s movement is largely due to an increase in “bookings” - which is [...]
Can Steel Dynamics Reinforce Your Portfolio? Steel Dynamics, Inc. (STLD) is a basic steel manufacturing and metal recycling company that is one of the largest domestic steel producers in the United States. Furthermore, the company manufactures liquid pig iron, as well as processes and sells ferrous and nonferrous scrap. STLD is the third largest [...]
