Search Results for: American

By Kuldip K. Ambastha Quidel Corporation (QDEL) is an American company in the diagnostic healthcare product space. Its offerings are sold worldwide. On Friday, May 8, 2020, the company received emergency use authorization for a COVID-19 antigen test from the U.S. Food and Drug Administration. (Emergency use authorization is a new public health testing category …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 9-13, 2020”

By Kuldip K. Ambastha Eastman Kodak Company (KODK) was prominent in the news again this week. During the week of July 27 – 31, 2020, Eastman Kodak Company stock did well because of the news that it received a $765 million American federal government loan, to help in making coronavirus-related drug ingredients. During this week, …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 10 – 14, 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 Until recently, Eastman Kodak Company (KODK) had been best known for its famous camera and photography offerings from the past. The company was founded in 1888, in Rochester, New York. With the rise of new technology offerings such as sophisticated smartphone cameras, Eastman Kodak Company was not in the press as …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 27 – 31, 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 Brooks Brothers is a famous American retailing company, and was founded in 1818. Over the years, it has been a clothier of presidents (in the USA, 40 out of 45 [89% of these] individuals), royals, financiers, war heroes, and many other such prominent people. On Wednesday, July 8, 2020, the company …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 6 – 10, 2020”

By Kuldip K. Ambastha The Dow Jones Industrial Average (DJIA) had a volatile ride this past week, due to several factors. Comments from Jerome Powell (the Chair of the U.S. Federal Reserve), GDP forecasting, unemployment rate (and jobless claims) data, and coronavirus pandemic data all played their own significant parts in the DJIA activity. The …

Continue reading “Dow Jones Index Volatility – Week of June 8 – 12, 2020”

By Kuldip K. Ambastha The airline sector caught our attention this week, due to strong returns seen by various companies. In this piece, American Airlines Group (AAL), Delta Air Lines (DAL), JetBlue Airways Corporation (JBLU), Southwest Airlines (LUV), and United Airlines Holdings (UAL) will be focused on. On Wednesday, June 3, 2020, Southwest Airlines delivered …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 1 – 5, 2020”

By Kuldip K. Ambastha In this past week, Tuesday Morning Corporation (TUES), Hertz Global Holdings, Inc. (HTZ), and HP Inc. (HPQ) were all featured prominently in the news. Tuesday Morning Corporation (TUES) is a retail business focused on the American home. Due to the coronavirus pandemic, the company was forced to close its stores for …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 26 – 29, 2020”