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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 …

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What Caught Our Attention in the Investment World? – Week of October 25-29, 2021

By Kuldip K. Ambastha In this past trading week, Sweetgreen Inc. (SG), a fast-casual restaurant chain, was revealed to be going public via an initial public offering (IPO) on the New York Stock Exchange (NYSE). This IPO was announced in a Form S-1 document filed with the U.S. Securities and Exchange Commission (SEC), stating that …

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What Caught Our Attention in the Investment World? – Week of November 11-15, 2019

By Kuldip K. Ambastha and Anil K. Ambastha Overstock.com, Inc. (OSTK) is an online retailer which offers a wide variety of products. Its stock fell by 17.4% on Tuesday, November 12, 2019 due to disappointing 3Q2019 results plus an investigation by the U.S. Securities and Exchange Commission (SEC). Specifically, a $0.89 loss per share was …

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