What Caught Our Attention in the Investment World? – Week of October 25-29, 2021

By Kuldip K. Ambastha In this past trading week, Sweetgreen Inc. (SG), a fast-casual restaurant chain, was revealed to be going public via an initial public offering (IPO) on the New York Stock Exchange (NYSE). This IPO was announced in a Form S-1 document filed with the U.S. Securities and Exchange Commission (SEC), stating that …

What Caught Our Attention in the Investment World? – Week of August 3 – 7, 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 …

What Caught Our Attention in the Investment World? – Week of February 17-21, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, February 18, 2020, Franklin Resources, Inc. (BEN) and Legg Mason, Inc. (LM) made big headlines. Legg Mason returned 24.4% for the day, while Franklin Resources (AKA: Franklin Templeton) returned 6.9%. Why? Franklin Resources is buying Legg Mason, in an all-cash deal valued at $4.5 billion. …