What Caught Our Attention in the Investment World? – Week of October 18-22, 2021

By Kuldip K. Ambastha On Monday, October 18, 2021, real estate e-commerce websites were in the public eye through Zillow Group, Inc. (ZG) falling (-9.4%) and Opendoor Technologies Inc. (OPEN) rising (+3.1%) for the trading day. This bifurcated path occurred because of starkly different perspectives voiced by the leadership teams of the two companies. Specifically, …

What Caught Our Attention in the Investment World? – Week of July 29-August 2, 2019

By Anil K. Ambastha and Kuldip K. Ambastha The second-quarter earnings report and guidance process parade is continuing. This week, reports from engineering and construction companies such as McDermott International (MDR) and Fluor Corporation (FLR) reflected large losses, revenue misses, and uncertain futures. Following its earnings report, shares of McDermott International (MDR) dropped 35.3% on …