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By Kuldip K. Ambastha The stock price of Sotera Health Company (SHC), an integrated global health solutions company, had a loss of -33.3% per share on Monday, September 19, 2022. On the subsequent trading days of the week, three negative daily returns and one positive daily return were seen. Litigation was the primary cause of …
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 The coronavirus pandemic is continuing to damage the private sector significantly. This week, GNC Holdings (GNC) and the parent company (CEC Entertainment) of Chuck E. Cheese plus Peter Piper Pizza both announced plans for bankruptcy. GNC Holdings will be using the bankruptcy process to close all of its health and nutrition …
Continue reading “What Caught Our Attention in the Investment World? – Week of June 22 – 26, 2020”
By Kuldip K. Ambastha The coronavirus pandemic continues to wreak havoc all around the world. In the USA, retail sales declined by 8.7%, making for a record decline. The previous record was 3.9% in November 2008, during the Great Recession / global financial crisis (GFC) era. Clothing and accessories sales declined 50.5%. Food services and …
Continue reading “Retail Sales and Factory Output – Week of April 13-17, 2020”
By Kuldip K. Ambastha The Dow Jones was up and down this week day by day, similar to what has been seen in the past few weeks. Due to the coronavirus pandemic and its related public health concerns around the world, massive changes have been seen in the USA and these changes have been affecting …
Continue reading “Jobs, Unemployment, and the Dow Jones – Week of March 30 – April 3, 2020”