Search Results for: decline

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, January 21, 2020, China Eastern Airlines Corporation Limited (CEA) stock dropped by 10.4% for the day. China Eastern Airlines is a major Chinese airline company which offers international, domestic, and regional flights. The company is headquartered at Shanghai Hongqiao International Airport in Changning District, Shanghai. …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 20-24, 2020”

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 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 As the second-quarter earnings reporting period is coming to a close, in this past week the market was not impressed with cosmetic retailer Ulta Beauty (ULTA). The company’s lowered second-half guidance generated multiple analyst downgrades, and the stock dropped by 29.6% on Friday, August 30th, marking its …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 26-30, 2019”

By Anil K. Ambastha and Kuldip K. Ambastha Food industry and restaurant industry stocks generally move in a slow and steady manner. Also, once the initial hype is over shortly after an Initial Public Offering (IPO) of a company’s stock, generally, the IPO shares start to decline and, mostly, an IPO’s shares trade for less …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 22-26, 2019”