What Caught Our Attention in the Investment World? – Week of July 5-8, 2022

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, had an up-and-down trading week for its stock with three negative daily returns and one positive daily return. (Monday, July 4, 2022 was an American holiday – Independence Day / Fourth of July – and thus not a trading day.) (See past coverage if …

What Caught Our Attention in the Investment World? – Week of August 15-19, 2022

By Kuldip K. Ambastha On the trading day of Friday, August 19, 2022, the stock price of Foot Locker, Inc. (FL), a multi-channel athletic shoe and apparel retailer, rose by +20.0% per share. For 2Q2022, the company reported a $0.99 earnings per share (EPS) figure, which surpassed expectations. That said, the company also disclosed a …

What Caught Our Attention in the Investment World? – Week of July 18-22, 2022

By Kuldip K. Ambastha Carnival Corporation & plc (CCL), a leisure travel company, had its stock fall by -11.2% on Thursday, July 21, 2022 and -6.0% on Friday, July 22, 2022 to close out the trading week. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of December 20-23, …

What Caught Our Attention in the Investment World? – Week of November 29-December 3, 2021

By Kuldip K. Ambastha The stock of Twitter, Inc. (TWTR), a microblogging and social networking technology (tech) platform, delivered negative returns for each day of this past trading week, as the table here shows. On Monday, November 29, 2021, Jack Dorsey announced that he would step down as the Chief Executive Officer (CEO) of Twitter. …

What Caught Our Attention in the Investment World? – Week of March 22-26, 2021

By Kuldip K. Ambastha On Sunday, March 21, 2021, Canadian Pacific Railway Limited (CP) announced that it would be buying Kansas City Southern (KSU), for $29 billion ($25 billion in cash and equity, along with $4 billion in outstanding Kansas City Southern debt). The surprise announcement resulted in a +11.1% return for Kansas City Southern …

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 …

What Caught Our Attention in the Investment World? – Week of September 21-25, 2020

By Kuldip K. Ambastha During the past trading week, Carvana Co. (CVNA) delivered a +30.6% return on Tuesday, September 22, 2020, due to strongly positive financial results showing ongoing growth. Carvana Co. is an innovative retailer which sells cars out of huge vending machines, and during the latest quarter it showed impressive projected data related …