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Stride Appoints Donna Blackman As Finance Chief
Thursday, June 30, 2022 - 7:01am | 176Stride Inc (NYSE: LRN) has appointed Donna Blackman as its new Chief Financial Officer, effective July 1, 2022. She will succeed Timothy Medina, who is retiring. Blackman has served as Stride's Chief Accounting Officer and Treasurer for the past two years. Before joining Stride...
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Atlantic Equities Upgrades McDonald's For Proving Its Resilience Amid Economic Weakness
Wednesday, June 29, 2022 - 12:15pm | 323Atlantic Equities analyst Edward Lewis upgraded McDonald's Corp (NYSE: MCD) from Neutral to Overweight and raised the price target from $245 to $278. Lewis noted that the quick-service restaurant proves resilient during periods of economic weakness. He saw MCD...
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McDonald's Executive Shake-Up: What's On The Cards
Monday, June 27, 2022 - 11:22am | 272McDonald's Corp (NYSE: MCD) CEO Chris Kempczinski announced several executive changes. MCD has appointed Ian Borden, currently President, International, as its next Executive Vice President and Chief Financial Officer, effective September 1. The current CFO, Kevin Ozan, has been...
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76 Biggest Movers From Yesterday: Ocean Bio-Chem, Athira Pharma And More
Thursday, June 23, 2022 - 4:25am | 2470Gainers Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares climbed 117.2% to close at $12.86 on Wednesday after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash. Phoenix Motor Inc. (NASDAQ: PEV) jumped 70.5% to close at $5.83. Visionary Education Technology...
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Lincoln Tech Launches Podcast Series On Job Opportunities
Wednesday, June 22, 2022 - 1:49pm | 182Lincoln Educational Services Corp (NASDAQ: LINC) has launched a podcast series to highlight career opportunities in industries that need skilled employees. Lincoln Tech's Skills @ Work podcasts will help educate listeners about skills needed to succeed in career fields that are...
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Adyen, McDonald's Extend Mobile App Partnership To US
Wednesday, June 22, 2022 - 12:35pm | 237McDonald's Corp (NYSE: MCD) has expanded its mobile app partnership with financial technology platform Adyen (OTC: ADYEY) to the U.S. The two companies began working together in early 2020 in the U.K. and are now expanding to other global markets. Adyen enables...
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40 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, June 22, 2022 - 12:17pm | 1318Gainers Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares jumped 116.6% to $12.82 after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash. Revlon, Inc. (NYSE: REV) surged 47% to $8.91 on continued volatility following the company's recent bankruptcy...
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Citigroup Boosts Projection For A Likely Global Recession Ahead Of Fed Chair's Testimony
Wednesday, June 22, 2022 - 10:57am | 1711(Wednesday Market Open) Investors appeared a bit apprehensive about Federal Reserve Chairman Jerome Powell’s visit to Congress today as equity futures were down across the board in premarket action. Nasdaq futures had fallen as much as 2% before the open. Potential Market...
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US Stock Futures Down; Powell Testimony In Focus
Wednesday, June 22, 2022 - 4:55am | 631Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones gained more than 600 points in the previous session. Federal Reserve Bank of Richmond President Thomas Barkin is set to speak at 9:00 a.m. ET, while the Federal Reserve chief Jerome Powell will testify...
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La-Z-Boy Stock Surges Post Q4 Earnings Beat, Guides Q1 Sales Above Consensus
Tuesday, June 21, 2022 - 5:24pm | 313La-Z-Boy Incorporated (NYSE: LZB) reported fourth-quarter sales growth of 31.8% year-over-year to $684.57 million, beating the consensus of $664.91 million. The increase is attributable to higher production, pricing and surcharge actions, and an extra week. Retail segment sales increased...
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Nasdaq Rises 2.5%; ACADIA Pharmaceuticals Shares Plummet
Tuesday, June 21, 2022 - 2:42pm | 818U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining over 2.5% on Tuesday. The Dow traded up 2.09% to 30,445.81 while the NASDAQ rose 2.58% to 11,076.53. The S&P also rose, gaining, 2.44% to 3,764.68. Also check this: US Existing Home Sales And Other Macro...
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Dow Jumps 550 Points; Convey Health Solutions Shares Spike Higher
Tuesday, June 21, 2022 - 12:16pm | 814U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 550 points on Tuesday. The Dow traded up 1.86% to 30,445.81 while the NASDAQ rose 3.15% to 11,138.32. The S&P also rose, gaining, 2.56% to 3,768.74. Also check this: US Existing Home Sales And Other Macro Issues...
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U.S. Markets Open Higher; Lennar Earnings Top Views
Tuesday, June 21, 2022 - 10:23am | 826U.S. stocks traded higher this morning, with the Dow Jones gaining more than 500 points on Tuesday. Following the market opening Tuesday, the Dow traded up 1.70% to 30,395.65 while the NASDAQ rose 2.88% to 11,109.85. The S&P also rose, gaining, 2.38% to 3,762.25. Also check this: 3 Stocks Under...
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Tuesday's Market Minute: A Busy Week to Come
Tuesday, June 21, 2022 - 9:46am | 508Here are a few things to keep an eye on that could move markets. First, we begin the week with global industries higher, bouncing back from last week’s sell-off. The move comes in reaction to President Biden’s comments over the weekend that he's going to consider removing the...
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Read How Homebuilder Lennar Fared In Q2
Tuesday, June 21, 2022 - 9:07am | 196Lennar Corp (NYSE: LEN) reported second-quarter FY22 sales growth of 30% year-on-year to $8.36 billion, beating the consensus of $8.11 billion. Homebuilding revenues rose 33% Y/Y. Home deliveries for the quarter increased 14% Y/Y to 16,549. New orders increased 4% to 17,792 homes....