Search Results for: fiscal

By Kuldip K. Ambastha The stock price of Burlington Stores, Inc. (BURL), an American off-price (discount) department store retailer once known as Burlington Coat Factory, fell by -10.2% per share on the trading day of Thursday, August 25, 2022. 2Q2022 corporate performance results were quite satisfactory, in general. However, 3Q2022 and 2022 corporate performance guidance …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 22-26, 2022”

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 …

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

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 On Thursday, September 3, 2020, Ciena Corporation (CIEN) had a return of -24.3%. For its most recent fiscal quarter, the technology (tech) company surpassed its profit and revenue expectations, but also announced that in the next few quarters going forward it was expecting a slowdown in orders due to the coronavirus …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 31 – September 4, 2020”

By Kuldip K. Ambastha Jerome Powell, the Chair of the U.S. Federal Reserve, issued detailed comments this week. The American economy continues to be ravaged by the coronavirus pandemic. Additional fiscal support aid (e.g. another round of stimulus payments to Americans) will likely be needed for the American economy to recover. However, the Fed is …

Continue reading “Negative Interest Rates in the USA are Unlikely – Week of May 11 – 15, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, January 14, 2020, Pinterest, Inc. (PINS) stock rose by 9.6% for the day because, as per market research firm eMarketer, Pinterest had 82.4 million American users in 2019. With this data point, Pinterest is now the third-largest American social media platform behind Facebook (FB) and …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 13-17, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha BlackBerry Limited (BB) is a prominent Canadian company, previously known as “Research In Motion.” The general public knows BlackBerry Limited best as the developer of the BlackBerry brand of phones and tablets, but in more recent years the company now provides enterprise software and services. From 2001 …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 23-27, 2019”

By Kuldip K. Ambastha and Anil K. Ambastha After reporting earnings results for the first quarter of its 2020 fiscal year ended August 31, 2019, the shares of FedEx (FDX), a package-delivery company, dropped by 12.9% on September 18. This drop is its biggest one-day percentage drop since the global financial crisis of 2008 and …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 16-20, 2019”

By Anil K. Ambastha and Kuldip K. Ambastha This past week, the e-signature and electronic document company DocuSign (DOCU) impressed the market with its strong fiscal second-quarter results, improved outlook for the rest of the fiscal year, and addition of 29,000 new customers during the quarter. In return, DocuSign’s stock gained 21.7% on Friday, September …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 3-6, 2019”