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By Kuldip K. Ambastha During this week, both J.Crew and Neiman Marcus announced their respective bankruptcy filings. The retail industry has been on fragile ground for many years now, and the coronavirus pandemic has pushed both of these companies into bankruptcy. Due to the public health issues around the coronavirus, brick-and-mortar retailers have had to …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 4-8, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha HAPPY HOLIDAYS, EVERYBODY! During this week of Christmas, Peloton Interactive, Inc. (PTON) and WW International, Inc. (formerly Weight Watchers International, Inc.) (WW) caught our eye. On Thursday, December 26, 2019 (the day after Christmas 2019), Peloton dropped by 6.1%, while WW International fell by 8.5%. Peloton is …

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

By Kuldip K. Ambastha and Anil K. Ambastha Best Buy Co., Inc. (BBY), a big-box electronics retailer business headquartered in Richfield, MN, delivered strong results for 3Q2019. During the quarter, the company exceeded expectations on many fronts, such as earnings, revenues, and same-store sales. The key product and service lines which performed well were tablets, …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 25-29, 2019”

By Kuldip K. Ambastha and Anil K. Ambastha Shake Shack Inc. (SHAK) is an American fast casual restaurant chain headquartered in New York, NY. The company announced its latest quarterly earnings and other key figures during this week. Same-store sales grew by 2.0% in 3Q2019, which was less than the 2.5% figure expected. The company …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 4-8, 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”