What Caught Our Attention in the Investment World? – Week of September 6-10, 2021

By Kuldip K. Ambastha On Thursday, September 9, 2021, the stock of Lululemon Athletica Inc. (LULU) had a gain of +10.5%. Lululemon Athletica is a prominent company in the athletic apparel and accessories sector, focused on product offerings for yoga, running, and other physical pursuits. A strongly positive 2Q2021 earnings announcement drove the gain in …

What Caught Our Attention in the Investment World? – Week of July 19-23, 2021

By Kuldip K. Ambastha On Tuesday, July 20, 2021, the stock of HCA Healthcare, Inc. (HCA) was up by +14.4%. HCA Healthcare, a healthcare services company, reported strong 2Q2021 quarterly results on that trading day. Revenues, net income, and earnings all came in at impressive levels. As public health conditions have improved from the lows …

What Caught Our Attention in the Investment World? – Week of December 21-24, 2020

By Kuldip K. Ambastha On Tuesday, December 22, 2020, IAC/InterActiveCorp (IAC) delivered a +14.1% return for the day. IAC/InterActiveCorp is an American holding company, headquartered in New York City, NY. The company has a variety of underlying holdings, mainly in the media / Internet arena. The Board of Directors of IAC/InterActiveCorp approved a plan to …

What Caught Our Attention in the Investment World? – Week of October 5-9, 2020

By Kuldip K. Ambastha Morgan Stanley (MS) and Eaton Vance Corporation (EV) were in the news prominently in this past trading week. In a deal of cash plus stock, Morgan Stanley will be buying Eaton Vance Corporation for $7 billion. James Gorman, head of Morgan Stanley, announced this deal on Thursday, October 8, 2020. (On …