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By Kuldip K. Ambastha On Thursday, September 15, 2022, the stock of Spectrum Brands Holdings, Inc. (SPB), a branded consumer products company, fell in price by -16.2% per share. Within Spectrum Brands Holdings, there is a residential door hardware division offering the Baldwin and Kwikset brands. A rival company had expressed interest in acquiring this …
By Kuldip K. Ambastha The stock of Tilray Brands, Inc. (TLRY), a Canadian company with an extensive presence worldwide in the cannabis sector, delivered +14.6% on Thursday, July 14, 2022 followed by -10.6% on Friday, July 15, 2022. Politics plays a big role in the success or failure of any cannabis sector company. On Thursday, …
Continue reading “What Caught Our Attention in the Investment World? – Week of July 11-15, 2022”
By Kuldip K. Ambastha Williams-Sonoma, Inc. (WSM), a home products retailer, had two strongly positive daily returns to end this past trading week: +18.5% (Thursday, March 18, 2021) and +8.2% (Friday, March 19, 2021). For the most recent fiscal quarter, the company exceeded consensus estimates related to earnings and revenues. All of its underlying brands …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 15-19, 2021”
By Kuldip K. Ambastha Rocket Companies, Inc. (RKT) was in the news during this past trading week. Rocket Companies is a Detroit, MI-based holding company which owns many underlying personal finance and consumer service brands. Rocket Companies prides itself on providing exceptional customer experiences through online solutions aiding the ultimate goals of home ownership and …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 1-5, 2021”
By Kuldip K. Ambastha The Gap, Inc. (GPS) is a prominent American company in the clothing and accessories retail sector, with store locations worldwide. The company was founded in 1969 by Donald Fisher and Doris F. Fisher, and is headquartered in San Francisco, CA. On Wednesday, November 25, 2020, the company’s stock had a -19.6% …
Continue reading “What Caught Our Attention in the Investment World? – Week of November 23-27, 2020”
By Kuldip K. Ambastha (This week’s update is a follow-up to What Caught Our Attention in the Investment World? – Week of October 28-November 1, 2019.) On Wednesday, September 9, 2020, the stock of Tiffany & Co. saw a -6.4% return. Tiffany & Co. (TIF) and LVMH Moët Hennessy (LVMH) (LVMUY) were in the news …
Continue reading “What Caught Our Attention in the Investment World? – Week of September 8-11, 2020”
By Kuldip K. Ambastha Tailored Brands, Inc. (TLRD), Seven & i Holdings Co. (SVNDY), and Marathon Petroleum Corporation (MPC) were in the news this past week. Tailored Brands owns retail fashion companies, such as Men’s Wearhouse and Jos A. Bank, and has filed for bankruptcy because of the coronavirus pandemic. The company is looking to …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 3 – 7, 2020”
By Kuldip K. Ambastha In this past week, BJ Services LLC and Ascena Retail Group (ASNA) both announced their bankruptcies. BJ Services LLC provides its services to oil & gas companies focused on North American exploration & production, and is voluntarily filing for Chapter 11 bankruptcy. This company intends to sell its assets, and its …
Continue reading “What Caught Our Attention in the Investment World? – Week of July 20 – 24, 2020”
By Kuldip K. Ambastha During this past week, RTW Retailwinds (RTW) and Sur La Table both declared bankruptcy. RTW Retailwinds owns several fashion brands focused on women (most prominently New York & Company), while Sur La Table specializes in kitchenware products. RTW Retailwinds has been hard-hit by the coronavirus pandemic, as has Sur La Table. …
Continue reading “What Caught Our Attention in the Investment World? – Week of July 13 – 17, 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”