What Caught Our Attention in the Investment World? – Week of March 13-17, 2023

By Kuldip K. Ambastha Per the table above, the stock price of First Republic Bank (FRC), a financial institution, had a bumpy ride with three negative and two positive daily returns seen during the trading week. In the recent past, financial institutions have come under investor skepticism related to balance sheet exposures, non-diversified client bases, …

What Caught Our Attention in the Investment World? – Week of October 31-November 4, 2022

By Kuldip K. Ambastha On the trading day of Tuesday, November 1, 2022, Johnson & Johnson (JNJ), a major pharmaceutical and medical product provider, announced plans to acquire Abiomed, Inc. (ABMD), a medical device maker. Due to this development, for that day the stock price of Abiomed rose sharply by +49.9% per share, while the …

What Caught Our Attention in the Investment World? – Week of May 17-21, 2021

By Kuldip K. Ambastha On the trading day of Thursday, May 20, 2021, the stock of Kohl’s Corporation (KSS) had a -10.2% loss. Kohl’s Corporation, a prominent American department store retail chain, beat its 1Q2021 consensus estimates in terms of key metrics such as revenues, sales, and earnings. However, the stock price still saw a …