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By Kuldip K. Ambastha The coronavirus pandemic is continuing to damage the private sector significantly. This week, GNC Holdings (GNC) and the parent company (CEC Entertainment) of Chuck E. Cheese plus Peter Piper Pizza both announced plans for bankruptcy. GNC Holdings will be using the bankruptcy process to close all of its health and nutrition …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 22 – 26, 2020”

By Kuldip K. Ambastha In this past week, Tuesday Morning Corporation (TUES), Hertz Global Holdings, Inc. (HTZ), and HP Inc. (HPQ) were all featured prominently in the news. Tuesday Morning Corporation (TUES) is a retail business focused on the American home. Due to the coronavirus pandemic, the company was forced to close its stores for …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 26 – 29, 2020”

By Kuldip K. Ambastha The American stock exchanges list a variety of companies from all over the world. Restrictions may be soon rolled out for Chinese (and other non-U.S.) companies listed on American stock exchanges, due to the Holding Foreign Companies Accountable (HFCA) Act already passed unanimously by the U.S. Senate on Wednesday, May 20, …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 18 – 22, 2020”

By Kuldip K. Ambastha Snap Inc. (SNAP) stood out this week for positive reasons. On Wednesday, April 22, 2020, the stock had an astounding 36.7% return for the day. This return was driven by the company’s strong 1Q2020 results. Wall Street’s quarterly revenue expectations were surpassed. Snapchat has 229 million average daily active users as …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 20-24, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, February 18, 2020, Franklin Resources, Inc. (BEN) and Legg Mason, Inc. (LM) made big headlines. Legg Mason returned 24.4% for the day, while Franklin Resources (AKA: Franklin Templeton) returned 6.9%. Why? Franklin Resources is buying Legg Mason, in an all-cash deal valued at $4.5 billion. …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 17-21, 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 …

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

By Kuldip K. Ambastha and Anil K. Ambastha Amazon.com, Inc. (AMZN) caught our attention this week due to a massive reported profit figure. Its quarterly profit figure of $3.3 billion for the most recent quarter exceeded its $3.0 billion figure from one year ago. The $87.4 billion sales figure was also impressive and exceeded expectations. …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 27-31, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On October 28, 2019, New York-based Tiffany & Co.’s stock (TIF) jumped 31.6% for a record one-day gain. The stock surged due to the announcement of a potential $14.5 billion (USD) acquisition bid from LVMH Moët Hennessy (LVMH). LVMH is a Paris-based French company headed by the …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 28-November 1, 2019”

By Anil K. Ambastha and Kuldip K. Ambastha Following its second-quarter earnings report featuring lower than expected losses, higher than expected revenues, a year-over-year 39% increase of active users to 30.5 million, and bright future guidance, shares of a TV streaming platform operator, Roku (ROKU), rose by 20.9% on August 8. The company has lifted …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 5-9, 2019”