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Luby's To Sell Cafeteria Restaurant Business For $28.7M
Monday, June 21, 2021 - 2:53pm | 275Read More...Luby’s Inc (NYSE: LUB) inked an agreement to sell its cafeteria restaurant business to a newly formed affiliate of Calvin Gin. The sale could provide Luby’s with about $28.7 million of value, although there is no assurance for such consideration. The business will...
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Luby's To Sell Fuddruckers Franchise For ~$18.5M
Friday, June 18, 2021 - 10:51am | 206Read More...Restaurant chain operator Luby’s Inc (NYSE: LUB) has entered into an agreement to sell the Fuddruckers franchise business operations. The franchise will be sold to a newly formed affiliate of Nicholas Perkins, Black Titan Franchise Systems LLC. The Fuddruckers brand...
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With Fed Seeing Higher Inflation, Growth Stocks Could be In The Spotlight Today
Thursday, June 17, 2021 - 10:07am | 1738Read More...It seems that the market debate about whether inflation is truly temporary or could be more lingering has heated up a bit. The Fed added more fuel to that fire by raising its inflation expectations for this year but still saying it thinks inflation is “transitory.” This argument may...
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48 Biggest Movers From Yesterday
Thursday, June 17, 2021 - 5:07am | 1858Read More...Gainers Gaucho Group Holdings, Inc. (NASDAQ: VINO) shares jumped 95.1% to close at $7.98 on Wednesday. Gaucho Group highlighted the launch of its Amazon Storefront. Orphazyme A/S (NASDAQ: ORPH) gained 61.3% to settle at $16.21 ahead of the June 17 PDUFA date for Arimocolmol. Arimocolmol was...
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5 Stocks To Watch For June 17, 2021
Thursday, June 17, 2021 - 4:42am | 306Read More...Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Co (NYSE: KR) to report quarterly earnings at $1.01 per share on revenue of $39.78 billion before the opening bell. Kroger shares fell 0.5% to $37.35 in after-hours trading. Microsoft Corporation (NASDAQ: MSFT)...
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Why La-Z-Boy Shares Dipped Today
Wednesday, June 16, 2021 - 1:07pm | 119Read More...La-Z-Boy (NYSE: LZB) shares are trading lower after the company reported Q4 results. While EPS and sales came in better than expected, the company said it sees a temporary negative impact to profit margins due to raw material price increases. The company said that demand trends '...
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5 Stocks To Watch For June 16, 2021
Wednesday, June 16, 2021 - 4:42am | 340Read More...Some of the stocks that may grab investor focus today are: Starbucks Corporation (NASDAQ: SBUX) named company veteran John Culver as its new chief operating officer replacing Roz Brewer, who left the company in January to become CEO of Walgreens Boots Alliance. Starbucks shares rose 0.1% to $111....
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Monday's Market Minute: Will The Fed Make A Move?
Monday, June 14, 2021 - 10:16am | 532Read More...We start and end the week rather quiet, with no significant economic data on Monday or Friday. Looking back, last Friday’s June Consumer Sentiment Index came in stronger than expected at 86.4 compared to a consensus of 84.0, up from May’s 82.9. Friday’s reports of Total and U.S....
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Pandemic Hits Nathan's Q4 Earnings; Still Maintains Quarterly Dividend
Friday, June 11, 2021 - 2:03pm | 218Read More...Nathan’s Famous Inc (NASDAQ: NATH) reported fourth-quarter FY21 sales of $18.28 million, down 15.76% year-on-year. FY21 sales were $75.83 million, a 26% decrease Y/Y. Q4 Sales in Nathan’s branded product program were $9.1 million, product licensing $6.6 million, and...
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Hackers Breach McDonald's South Korea, Taiwan Data: WSJ
Friday, June 11, 2021 - 10:45am | 334Read More...Hackers stole data from McDonald's Corp's (NYSE: MCD) systems in markets including the U.S., South Korea, and Taiwan based on an internal security system investigation, the Wall Street Journal reports. The breach disclosed some business contact information for U.S. employees...
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5 Stocks To Watch For June 4, 2021
Friday, June 4, 2021 - 4:52am | 300Read More...Some of the stocks that may grab investor focus today are: Broadcom Inc (NASDAQ: AVGO) posted better-than-expected results for its second quarter and issued strong revenue forecast for the current quarter. Broadcom shares fell 0.2% to $464.00 in the after-hours trading session. Wall Street expects...
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Several Key Earnings Reports After The Close, Including Lululemon, Broadcom, Slack
Thursday, June 3, 2021 - 10:11am | 2727Read More...The holding pattern continues to hold. We’re seeing a bit of a selloff this morning, but it’s probably nothing to get too excited about considering how many days the market’s been up recently, and the fact that we have key jobs data tomorrow. For the most part, people don...
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5 Stocks To Watch For June 3, 2021
Thursday, June 3, 2021 - 4:48am | 325Read More...Some of the stocks that may grab investor focus today are: Wall Street expects J M Smucker Co (NYSE: SJM) to report quarterly earnings at $1.66 per share on revenue of $1.88 billion before the opening bell. Smucker shares gained 1.8% to close at $135.93 on Wednesday. PVH Corp (NYSE: PVH) reported...
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Zoom, Advance Auto Parts Earnings Both Beat Analysts' Estimates, But Shares Sputter
Wednesday, June 2, 2021 - 10:19am | 2524Read More...Like a golf course, this week has a front half and a back half. But there’s a bit more rough and potential hazards on the back nine, so to speak. Tomorrow and Friday are when we get a lot of potentially market-moving data, especially related to the jobs picture. Friday’s...
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Zoom, Broadcom, Lululemon Among Companies Reporting This Week
Tuesday, June 1, 2021 - 10:30am | 1961Read More...It may not have felt like it in some places over the weekend, but welcome to summer. A lot of people are trying to grab vacation time in these warm months after missing the chance last year. For those of us sticking around, however, there’s plenty of Wall Street action the next few days and...
