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Philip Morris to move headquarters from NY to Connecticut
Consumer products and services news icon
| June 22nd | 2021  4:42PM
Philip Morris to move headquarters from NY to Connecticut
STAMFORD, Conn. (AP) — Tobacco company Philip Morris will relocate its corporate headquarters from New York City to southwest Connecticut, bringing 200 jobs, officials said Tuesday. The company said in a news release that the move was facilitated by the office of Gov. Ned Lamont, a Democrat, and the new headquarters is expected to open by next summer.
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Wall Street rises, pushing S&P 500 back near record high
Wall Street rises, pushing S&P 500 back near record high
| June 22nd | 2021  4:38PM
Wall Street rises, pushing S&P 500 back near record high
NEW YORK (AP) — Stocks rose on Wall Street Tuesday, nudging the S&P 500 toward its record high, as the head of the Federal Reserve said again that inflation looks to be only a temporary problem for the economy and markets. The S&P 500 climbed 21.65, or 0.5%, to 4,246.44 after Fed Chair Jerome Powell's comments helped further…
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Oshkosh Defense to build Postal vehicles in South Carolina
Oshkosh Defense to build Postal vehicles in South Carolina
| June 22nd | 2021  4:38PM
Oshkosh Defense to build Postal vehicles in South Carolina
DETROIT (AP) — Oshkosh Defense will make new delivery vehicles for the U.S. Postal Service in Spartanburg County, South Carolina, creating 1,000 new jobs. The Wisconsin company on Tuesday said that it will reconfigure a warehouse with features needed to do large-scale manufacturing. Parts supply companies are expected to create more jobs in the area.
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How major US stock indexes fared Tuesday
Financial markets news icon
| June 22nd | 2021  4:19PM
How major US stock indexes fared Tuesday
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Tupperware, Splunk rise; Corcept, NexGen Health fall
Financial markets news icon
| June 22nd | 2021  4:18PM
Tupperware, Splunk rise; Corcept, NexGen Health fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Shoe Carnival Inc., up $4.43 to $69.57. The footwear retailer gave investors an encouraging financial forecast and announced a two-for-one stock split. Sanderson Farms Inc., up $17.20 to $183.78. The poultry…
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Fed's Powell says high inflation temporary, will 'wane'
Jerome Powell, Steven Mnuchin
| June 22nd | 2021  3:57PM
Fed's Powell says high inflation temporary, will 'wane'
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday responded to concerns from Republican lawmakers about spiking inflation by reiterating his view that current price increases will likely prove temporary. Consumer prices jumped 5% in May compared with a year earlier, the largest increase in 13 years. Republican House members…
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Some used vehicles now cost more than original sticker price
r m
| June 22nd | 2021  3:51PM
Some used vehicles now cost more than original sticker price
DETROIT (AP) — When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it's used. Then they're selling it to consumers for more than $33,000. Welcome to the wacky world of U.S.
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US appeals court ruling setback for St. Louis-area pipeline
Industrial products and services news icon
| June 22nd | 2021  3:44PM
US appeals court ruling setback for St. Louis-area pipeline
A federal appeals court panel on Tuesday struck down the Federal Energy Regulatory Commission's approval of a natural gas pipeline that runs through parts of Missouri and Illinois. A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled that the FERC “failed to adequately balance public benefits and…
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Sanderson Farms Shoots Up as Company Explores Sale
Sanderson Farms Shoots Up as Company Explores Sale
| June 22nd | 2021  11:00AM
Sanderson Farms Shoots Up as Company Explores Sale
Sanderson Farms (NASDAQ:SAFM), a leader in poultry production, particularly chicken, shot up 10% in premarket action amid reports the company was looking to sell itself off. The gains held into this morning's trading session as well. Though the company is spiking on the news of potential sell-off afoot, the word from the broader financial analyst…
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Korn Ferry Goes On Break-Out Alert
Korn Ferry Goes On Break-Out Alert
| June 22nd | 2021  9:00AM
Korn Ferry Goes On Break-Out Alert
Korn Ferry Proves Labor Market StrengthIs Real The fiscal Q4 results from Korn Ferry (NYSE: KFY) prove the health of the labor market even if the data doesn't. Not to say the data doesn't show strong labor market conditions, only that there are a large number of lingering unemployed persons in a market apparently flush with positions. The point here…
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GameStop Jumps After Huge Stock Payday
GameStop Jumps After Huge Stock Payday
| June 22nd | 2021  8:00AM
GameStop Jumps After Huge Stock Payday
GameStop (NYSE:GME), video game retailer, and the original “meme stock”, surged upward another 6.8% in premarket trading today. It's held onto some of those gains going into this morning's session as well. The company picked up its gains after noting that it had completed a previously-announced sale of five million shares of common stock.
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3 Small-Cap Stocks Insiders are Selling
3 Small-Cap Stocks Insiders are Selling
| June 22nd | 2021  7:00AM
3 Small-Cap Stocks Insiders are Selling
U.S. small-cap stocks are off to a great year. A sharp economic recovery combined with bullish, "risk-on" market sentiment has been the perfect storm for small-cap outperformance in 2021. Up nearly 22% year-to-date, the S&P 600 small cap index is outpacing its large cap S&P 500 counterpart by about 9%. Many small-cap companies have seen their stock price come along for the ride.
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Atai Goes Public With Promising New Mental-Health Treatments Based On Psychedelics
Atai Goes Public With Promising New Mental-Health Treatments Based On Psychedelics
| June 22nd | 2021  7:00AM
Atai Goes Public With Promising New Mental-Health Treatments Based On Psychedelics
Germany-based Atai Life Sciences (NASDAQ: ATAI), a biotech backed by Peter Thiel, a founder of PayPal, made its public debut Friday. Shares were priced at $15, the high end of the projected range, with 15 million shares changing hands. All the newly public shares were offered by the company, rather than other individual or institutional owners. The…
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3 Energy Names Getting Upgrades
3 Energy Names Getting Upgrades
| June 22nd | 2021  7:00AM
3 Energy Names Getting Upgrades
Crude oil has been in a solid uptrend since this time last year, tacking on more than 600% from the crazy days of 2020 when the price of a barrel briefly went down to the single digits. It’s now trading above $70 for the first time since 2018 and unsurprisingly this has had a positive effect on individual stocks in the energy sector. While…
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Gold is Dead? Should You Opt for Gold (Over Crypto) in Your Portfolio?
Gold is Dead? Should You Opt for Gold (Over Crypto) in Your Portfolio?
| June 22nd | 2021  6:10AM
Gold is Dead? Should You Opt for Gold (Over Crypto) in Your Portfolio?
When meme coins surged earlier this year (remember Dogecoin mania?) it might've been easy to dump everything you owned — stocks, bonds, gold — for crypto. Then digital currencies took a nosedive again.  Young retail investors might deem actual coins — including precious metals — all but dead. But you might not want to…
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Corsair Gaming Stock Looks Good Here
Corsair Gaming Stock Looks Good Here
| June 22nd | 2021  6:05AM
Corsair Gaming Stock Looks Good Here
Premium high-performance video gaming products maker Corsair Gaming (NASDAQ: CSRS) stock has recently spiked and sold off hard on the heels of the meme stock momentum. However, a look underneath the hood reveals improving fundamentals and strong tailwinds that can elevate shares from certain price support levels. The pandemic accelerated the adoption of video gaming through mobile, console and desktop/PC.
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Arrival Stock is an EV Play with Legs
Arrival Stock is an EV Play with Legs
| June 22nd | 2021  6:00AM
Arrival Stock is an EV Play with Legs
London-based electric vehicle (EV) manufacturer Arrival (NASDAQ: ARVL) stock is trading as a post-special purpose entity corporation (SPAC) reverse merged business combination. As is the normal sequence, shares collapsed after its reverse merger with CIIG Merger Corp. The SPAC boom came and went as EV leader Tesla (NASDAQ: TSLA) made a parabolic move…
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North American Construction Group Is A Real Asset In Times Like These
North American Construction Group Is A Real Asset In Times Like These
| June 22nd | 2021  6:00AM
North American Construction Group Is A Real Asset In Times Like These
Real Asset North American Construction Group Bags Major Project With inflation on the rise and questions about what to do next in the air, it's time once again to turn towards real assets like North American Construction Group (NYSE: NOA). Real assets include things like commodities, real estate, and infrastructure. These assets have several things…
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Why PayPal (NASDAQ:PYPL) Stock Will Pay Off Long Term
Why PayPal (NASDAQ:PYPL) Stock Will Pay Off Long Term
| June 22nd | 2021  5:00AM
Why PayPal (NASDAQ:PYPL) Stock Will Pay Off Long Term
Before a company like PayPal (NASDAQ:PYPL) came along, most payments between buyers and sellers were done the old-fashioned way, by physically mailing checks or cash. You can imagine some of the drawbacks of relying on “snail mail” to handle your important financial transactions. Fast forward to today and PayPal has become the leading digital and mobile payments platform for consumers and merchants all over the world.
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Now It's Time To Buy These 3 IPOs
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| June 21st, 9:00 AM
Now It's Time To Buy These 3 IPOs
The Analysts Are Buzzing About These 3 Stocks  The quiet period on three of the hottest IPOs of the spring has just come to an end and the analysts are already speaking up. Based on the chatter, these stocks should do well over the summer and this year. Based on the business models, fundamentals, and the outlook for earnings these stocks should…
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3 Energy Names Getting Upgrades
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| June 22nd, 7:00 AM
3 Energy Names Getting Upgrades
Crude oil has been in a solid uptrend since this time last year, tacking on more than 600% from the crazy days of 2020 when the price of a barrel briefly went down to the single digits. It’s now trading above $70 for the first time since 2018 and unsurprisingly this has had a positive effect on individual stocks in the energy sector. While…
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3 Small-Cap Stocks Insiders are Selling
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| June 22nd, 7:00 AM
3 Small-Cap Stocks Insiders are Selling
U.S. small-cap stocks are off to a great year. A sharp economic recovery combined with bullish, "risk-on" market sentiment has been the perfect storm for small-cap outperformance in 2021. Up nearly 22% year-to-date, the S&P 600 small cap index is outpacing its large cap S&P 500 counterpart by about 9%. Many small-cap companies have seen their stock price come along for the ride.
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3 Stocks To Like From Wells Fargo’s Signature List
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| June 21st, 7:00 AM
3 Stocks To Like From Wells Fargo’s Signature List
Back at the start of May, the folks over at Wells Fargo took a stab at picking stocks they thought were set to outperform their peers and the broader market throughout the rest of 2021. When considering what stocks to include, they looked at things like risk/reward profile, existing analyst ratings, and six-month average daily trading volume. The list…
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Why AMC Stock Can’t Squeeze Like GameStop Stock
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| June 21st, 1:00 AM
Why AMC Stock Can’t Squeeze Like GameStop Stock
The world’s largest cinema operator AMC Entertainment (NYSE: AMC) stock has been on a tear as the resurgence of “meme” stock squeezes continues, but it’s no GameStop (NYSE: GME). It also appears that AMC and GameStop have decoupled in the near term as Reddit traders are favoring AMC. While GameStop continues to bleed and attempts…
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Kirkland’s Stock is Providing Opportunistic Pullbacks Here
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| June 21st, 11:00 AM
Kirkland’s Stock is Providing Opportunistic Pullbacks Here
Home décor operator Kirkland’s (NASDAQ: KIRK) stock has been steadily sell-off as the reopening trend continues to dissipate in the markets. The Company has been in transformation mode since the new CEO Woody Woodward took the reins in 2018. CEO Woodward envisioned a new brand image where Kirkland’s was usually where consumers would shop at the end of the decorating process or during holidays.
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The Hershey Company A Favorite But Wait To Buy More 
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| June 21st, 11:00 AM
The Hershey Company A Favorite But Wait To Buy More 
The Hershey Company A Top Pick At Evercore Evercore ISI just released a note on consumer staples The Hershey Company (NYSE: HSY). Amongst a host of consumer staples companies with ever-improving fundamentals, Evercore says Hershey's gives the best execution and visibility for the sector. Analyst David Palmer points to sales growth in both the measured…
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MarketBeat Weekly: A Look Ahead 6-21
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| June 21st, 8:00 AM
MarketBeat Weekly: A Look Ahead 6-21
This week is going to be a real hurdle for the market. Last week, the Federal Reserve Open Market Committee dropped a bombshell on the market that took a couple of days to sink in. The FED not only increased its inflation outlook for this year by 100 basis points but the outlook for future rate hikes has been well advanced. Now it's time for the market…
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Korn Ferry Goes On Break-Out Alert
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| June 22nd, 9:00 AM
Korn Ferry Goes On Break-Out Alert
Korn Ferry Proves Labor Market StrengthIs Real The fiscal Q4 results from Korn Ferry (NYSE: KFY) prove the health of the labor market even if the data doesn't. Not to say the data doesn't show strong labor market conditions, only that there are a large number of lingering unemployed persons in a market apparently flush with positions. The point here…
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Auto Equipment Makers Growing Sales, Earnings After Slow 2020
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| June 21st, 8:10 AM
Auto Equipment Makers Growing Sales, Earnings After Slow 2020
Auto parts makers like Tenneco (NYSE: TEN) and Adient(NYSE: ADNT) are on the march after limping through 2020. Sales and earnings growth are picking up fast as the companies contend with challenges such as the global chip shortage.  Tenneco bolted 55.71% in May, and is up 26.34% this month. Those are part of the bigger picture representing a…
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Plug Power Charges Higher On Expansion Plans
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| June 22nd, 1:00 AM
Plug Power Charges Higher On Expansion Plans
Plug Power Is The Leader In Fuel Cell Technology Plug Power (NASDAQ: PLUG) just reported its fiscal Q1 results reaffirming its position as the leader in hydrogen fuel cell technology. While most of the market has been focused on electrification, EV, and self-driving vehicles Plug Power is quietly solving the problem of how to charge all those batteries.
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Atai Goes Public With Promising New Mental-Health Treatments Based On Psychedelics
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| June 22nd, 7:00 AM
Atai Goes Public With Promising New Mental-Health Treatments Based On Psychedelics
Germany-based Atai Life Sciences (NASDAQ: ATAI), a biotech backed by Peter Thiel, a founder of PayPal, made its public debut Friday. Shares were priced at $15, the high end of the projected range, with 15 million shares changing hands. All the newly public shares were offered by the company, rather than other individual or institutional owners. The…
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Arrival Stock is an EV Play with Legs
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| June 22nd, 6:00 AM
Arrival Stock is an EV Play with Legs
London-based electric vehicle (EV) manufacturer Arrival (NASDAQ: ARVL) stock is trading as a post-special purpose entity corporation (SPAC) reverse merged business combination. As is the normal sequence, shares collapsed after its reverse merger with CIIG Merger Corp. The SPAC boom came and went as EV leader Tesla (NASDAQ: TSLA) made a parabolic move…
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GameStop Jumps After Huge Stock Payday
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| June 22nd, 8:00 AM
GameStop Jumps After Huge Stock Payday
GameStop (NYSE:GME), video game retailer, and the original “meme stock”, surged upward another 6.8% in premarket trading today. It's held onto some of those gains going into this morning's session as well. The company picked up its gains after noting that it had completed a previously-announced sale of five million shares of common stock.
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Agency: Tennessee zinc miner fired for voicing safety worry
Government business and finance news icon
| June 20th, 8:30 AM
Agency: Tennessee zinc miner fired for voicing safety worry
NASHVILLE, Tenn. (AP) — Federal regulators have brought a complaint against a zinc mining company, claiming that an employee in Tennessee was illegally fired for making safety complaints about the mine. U.S. Secretary of Labor Marty Walsh filed the complaint earlier this month with the Federal Mine Safety and Health Review Commission against Nyrstar Gordonsville LLC on behalf of worker Richard Waller.
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Corsair Gaming Stock Looks Good Here
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| June 22nd, 6:05 AM
Corsair Gaming Stock Looks Good Here
Premium high-performance video gaming products maker Corsair Gaming (NASDAQ: CSRS) stock has recently spiked and sold off hard on the heels of the meme stock momentum. However, a look underneath the hood reveals improving fundamentals and strong tailwinds that can elevate shares from certain price support levels. The pandemic accelerated the adoption of video gaming through mobile, console and desktop/PC.
Read Article
Why You Might Have to Retire Later Due to COVID-19
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| June 21st, 8:00 AM
Why You Might Have to Retire Later Due to COVID-19
The COVID-19 pandemic in general increased retirement uncertainty. In fact, Lincoln Financial Group reported three different sentiments regarding the pandemic and specific age groups:  Pre-retirees: The age group from 55 to 64 saw the biggest drop of retirement-ready confidence. Mid-career: Individuals between the ages of 35 and 54 saw a…
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Why PayPal (NASDAQ:PYPL) Stock Will Pay Off Long Term
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| June 22nd, 5:00 AM
Why PayPal (NASDAQ:PYPL) Stock Will Pay Off Long Term
Before a company like PayPal (NASDAQ:PYPL) came along, most payments between buyers and sellers were done the old-fashioned way, by physically mailing checks or cash. You can imagine some of the drawbacks of relying on “snail mail” to handle your important financial transactions. Fast forward to today and PayPal has become the leading digital and mobile payments platform for consumers and merchants all over the world.
Read Article
Gold is Dead? Should You Opt for Gold (Over Crypto) in Your Portfolio?
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| June 22nd, 6:10 AM
Gold is Dead? Should You Opt for Gold (Over Crypto) in Your Portfolio?
When meme coins surged earlier this year (remember Dogecoin mania?) it might've been easy to dump everything you owned — stocks, bonds, gold — for crypto. Then digital currencies took a nosedive again.  Young retail investors might deem actual coins — including precious metals — all but dead. But you might not want to…
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S&P Global Inc. (NYSE:SPGI) Plans Quarterly Dividend of $0.77
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| June 22nd, 5:41 PM
S&P Global Inc. (NYSE:SPGI) Plans Quarterly Dividend of $0.77
S&P Global Inc. (NYSE:SPGI) declared a quarterly dividend on Tuesday, June 22nd, RTT News reports. Investors of record on Thursday, August 26th will be given a dividend of 0.77 per share by the business services provider on Friday, September 10th. This represents a $3.08 annualized dividend and a yield of 0.76%. 3 Capital Markets Stocks to Buy NowS&P…
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Brady (NYSE:BRC) Upgraded at Zacks Investment Research
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| June 22nd, 5:16 PM
Brady (NYSE:BRC) Upgraded at Zacks Investment Research
Brady (NYSE:BRC) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a report released on Tuesday, Zacks.com reports. The brokerage currently has a $64.00 price target on the industrial products company's stock. Zacks Investment Research's target price points to a potential upside of 12.89% from the stock's previous close.
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BP Midstream Partners (NYSE:BPMP) Rating Increased to Buy at Zacks Investment Research
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| June 22nd, 5:16 PM
BP Midstream Partners (NYSE:BPMP) Rating Increased to Buy at Zacks Investment Research
BP Midstream Partners (NYSE:BPMP) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a report issued on Tuesday, Zacks.com reports. The firm currently has a $17.00 target price on the stock. Zacks Investment Research's price target points to a potential upside of 13.86% from the stock's current price. According to Zacks, "BP Midstream Partners LP is a master limited partnership.
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DMC Global (NASDAQ:BOOM) Downgraded by Zacks Investment Research
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| June 22nd, 5:16 PM
DMC Global (NASDAQ:BOOM) Downgraded by Zacks Investment Research
DMC Global (NASDAQ:BOOM) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Tuesday, Zacks.com reports. According to Zacks, "DMC Global Inc. is a technology company. Its operating sector consists of industrial infrastructure and oilfield products and services. Industrial…
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Brandywine Realty Trust (NYSE:BDN) Rating Lowered to Sell at Zacks Investment Research
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| June 22nd, 5:16 PM
Brandywine Realty Trust (NYSE:BDN) Rating Lowered to Sell at Zacks Investment Research
Brandywine Realty Trust (NYSE:BDN) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a research note issued to investors on Tuesday, Zacks.com reports. According to Zacks, "Brandywine Realty Trust is a self-administered, self-managed and fully integrated Real Estate Investment Trust active in acquiring, developing, redeveloping, leasing and managing suburban office and industrial properties.
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BHP Group (NYSE:BBL) Rating Increased to Strong-Buy at Zacks Investment Research
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| June 22nd, 5:16 PM
BHP Group (NYSE:BBL) Rating Increased to Strong-Buy at Zacks Investment Research
BHP Group (NYSE:BBL) was upgraded by Zacks Investment Research from a "hold" rating to a "strong-buy" rating in a report issued on Tuesday, Zacks.com reports. The firm presently has a $66.00 target price on the mining company's stock. Zacks Investment Research's price objective suggests a potential upside of 13.27% from the company's previous close.
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Zacks Investment Research Downgrades AZZ (NYSE:AZZ) to Strong Sell
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| June 22nd, 5:16 PM
Zacks Investment Research Downgrades AZZ (NYSE:AZZ) to Strong Sell
AZZ (NYSE:AZZ) was downgraded by Zacks Investment Research from a "hold" rating to a "strong sell" rating in a report released on Tuesday, Zacks.com reports. AZZ Inc (NYSE:AZZ) Rises After Mixed QuarterAccording to Zacks, "AZZ Inc. is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered…
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Atlantica Sustainable Infrastructure (NASDAQ:AY) Upgraded by Zacks Investment Research to Hold
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| June 22nd, 5:16 PM
Atlantica Sustainable Infrastructure (NASDAQ:AY) Upgraded by Zacks Investment Research to Hold
Atlantica Sustainable Infrastructure (NASDAQ:AY) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued on Tuesday, Zacks.com reports. According to Zacks, "Atlantica Yield Plc owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors. It operates primarily in North America, South America and Europe.
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Avista (NYSE:AVA) Downgraded to Hold at Zacks Investment Research
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| June 22nd, 5:16 PM
Avista (NYSE:AVA) Downgraded to Hold at Zacks Investment Research
Avista (NYSE:AVA) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a report released on Tuesday, Zacks.com reports. According to Zacks, "Avista Corporation is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is its operating division that provides electric service customers and natural gas customers.
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Zacks Investment Research Lowers ASML (NASDAQ:ASML) to Hold
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| June 22nd, 5:16 PM
Zacks Investment Research Lowers ASML (NASDAQ:ASML) to Hold
ASML (NASDAQ:ASML) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Tuesday, Zacks.com reports. ASML Holding (NASDAQ: ASML) Stock is a Core Semiconductor Equipment PlayAccording to Zacks, "ASML is a world leader in the manufacture of advanced technology systems for the semiconductor industry.
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Brookdale Senior Living Inc. (NYSE:BKD) Receives Average Rating of "Hold" from Brokerages
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| June 22nd, 5:13 PM
Brookdale Senior Living Inc. (NYSE:BKD) Receives Average Rating of "Hold" from Brokerages
Brookdale Senior Living Inc. (NYSE:BKD) has received a consensus recommendation of "Hold" from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $7.83.
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Zacks: Brokerages Expect Lindsay Co. (NYSE:LNN) to Post $1.22 EPS
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| June 22nd, 5:13 PM
Zacks: Brokerages Expect Lindsay Co. (NYSE:LNN) to Post $1.22 EPS
Wall Street analysts forecast that Lindsay Co. (NYSE:LNN) will announce earnings of $1.22 per share for the current quarter, according to Zacks. Two analysts have made estimates for Lindsay's earnings, with the highest EPS estimate coming in at $1.43 and the lowest estimate coming in at $1.00. Lindsay posted earnings of $0.93 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 31.2%.
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Nexstar Media Group, Inc. (NASDAQ:NXST) Expected to Post Earnings of $3.60 Per Share
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| June 22nd, 5:13 PM
Nexstar Media Group, Inc. (NASDAQ:NXST) Expected to Post Earnings of $3.60 Per Share
Wall Street brokerages expect that Nexstar Media Group, Inc. (NASDAQ:NXST) will announce $3.60 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Nexstar Media Group's earnings. The lowest EPS estimate is $3.40 and the highest is $3.80. Nexstar Media Group posted earnings per share of $2.13 during the same quarter last year, which suggests a positive year-over-year growth rate of 69%.
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$4.33 EPS Expected for Reliance Steel & Aluminum Co. (NYSE:RS) This Quarter
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| June 22nd, 5:13 PM
$4.33 EPS Expected for Reliance Steel & Aluminum Co. (NYSE:RS) This Quarter
Wall Street analysts expect Reliance Steel & Aluminum Co. (NYSE:RS) to post earnings of $4.33 per share for the current quarter, Zacks reports. Three analysts have made estimates for Reliance Steel & Aluminum's earnings. The highest EPS estimate is $4.35 and the lowest is $4.30. Reliance Steel & Aluminum reported earnings of $1.36 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 218.4%.
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The Children's Place, Inc. (NASDAQ:PLCE) Expected to Post Earnings of $0.19 Per Share
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| June 22nd, 5:12 PM
The Children's Place, Inc. (NASDAQ:PLCE) Expected to Post Earnings of $0.19 Per Share
Brokerages forecast that The Children's Place, Inc. (NASDAQ:PLCE) will announce $0.19 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for The Children's Place's earnings, with estimates ranging from ($0.15) to $0.55. The Children's Place posted earnings per share of ($1.48) in the same quarter last year, which would suggest a positive year over year growth rate of 112.8%.
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OceanFirst Financial Corp. (NASDAQ:OCFC) COO Joseph Lebel III Buys 1,000 Shares
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| June 22nd, 4:36 PM
OceanFirst Financial Corp. (NASDAQ:OCFC) COO Joseph Lebel III Buys 1,000 Shares
OceanFirst Financial Corp. (NASDAQ:OCFC) COO Joseph Lebel III purchased 1,000 shares of OceanFirst Financial stock in a transaction dated Friday, May 7th. The stock was bought at an average cost of $27.82 per share, with a total value of $27,820.00. Following the completion of the transaction, the chief operating officer now owns 1,000 shares in the company, valued at approximately $27,820.
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eBay Inc. (NASDAQ:EBAY) SVP Pete Thompson Sells 856 Shares
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| June 22nd, 4:36 PM
eBay Inc. (NASDAQ:EBAY) SVP Pete Thompson Sells 856 Shares
eBay Inc. (NASDAQ:EBAY) SVP Pete Thompson sold 856 shares of eBay stock in a transaction that occurred on Thursday, June 17th. The stock was sold at an average price of $65.67, for a total value of $56,213.52. Following the transaction, the senior vice president now owns 45,805 shares of the company's stock, valued at $3,008,014.35. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
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S P. Iv Johnson Sells 1,200 Shares of Callon Petroleum (NYSE:CPE) Stock
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| June 22nd, 4:36 PM
S P. Iv Johnson Sells 1,200 Shares of Callon Petroleum (NYSE:CPE) Stock
Callon Petroleum (NYSE:CPE) Director S P. Iv Johnson sold 1,200 shares of the business's stock in a transaction dated Friday, June 18th. The stock was sold at an average price of $47.00, for a total transaction of $56,400.00. Following the completion of the transaction, the director now directly owns 67,265 shares of the company's stock, valued at $3,161,455.
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Insider Selling: Truist Financial Co. (NYSE:TFC) Director Sells 1,500 Shares of Stock
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| June 22nd, 4:36 PM
Insider Selling: Truist Financial Co. (NYSE:TFC) Director Sells 1,500 Shares of Stock
Truist Financial Co. (NYSE:TFC) Director K. David Jr. Boyer sold 1,500 shares of the business's stock in a transaction on Friday, June 18th. The shares were sold at an average price of $53.11, for a total transaction of $79,665.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Four Reasons Why Truist…
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