What Caught Our Attention in the Investment World? – Week of February 3-7, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Wednesday, February 5, 2020, the stock of Coty Inc. (COTY) rose by 14.5% for the day. This beauty-focused company had quarterly earning (27 cents per share) and revenue ($2.35 billion) figures which beat consensus expectations. Coty Inc. has been implementing a turnaround plan in recent quarters …

What Caught Our Attention in the Investment World? – Week of January 20-24, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, January 21, 2020, China Eastern Airlines Corporation Limited (CEA) stock dropped by 10.4% for the day. China Eastern Airlines is a major Chinese airline company which offers international, domestic, and regional flights. The company is headquartered at Shanghai Hongqiao International Airport in Changning District, Shanghai. …