Penn National Gaming: The Margin Enhancement Plan is Working
Penn National Gaming (NASDAQ:PENN) stock price rose more than 12% after topping analysts’ estimates for the first quarter results. Its first-quarter revenue of $816 million exceeded the consensus estimate by $5.18 million, and its earnings ... [Read]
Vicor Corporation: Fundamentals are Supporting the Bull Run
Vicor Corporation (NASDAQ:VICR) share price has been on the rise since the start of this year. The significant uptrend in its price is due to trader’s optimism in its future fundamentals and its increasing market ... [Read]
Rocky Brands Earnings Potential Encourages Traders Sentiments
Rocky Brands (NASDAQ: RCKY) shares hit 52-week high following first quarter results and improving prospects for further earnings growth. The RCKY stock is up 35% in the last three months, moving the twelve-month surge to ... [Read]
Hertz Global Stock has Limited Upside, Analysts Say
Hertz Global Holdings (NYSE:HTZ) management fail to impress investors over the years. The company’s share price has been under pressure due to unstable financial numbers and bleak earnings outlook for this year. HTZ shares lost ... [Read]
These Two Cannabis Stocks Are Expanding Footprints in U.S. Market
The Cannabis industry is continuing to get support from governments around the world; the U.S. President announced his support for the cannabis markets a few days ago and the Canadian Prime Minister plans to legalize ... [Read]
Helios & Matheson Analytics Announces $30 Million Public Offering – Shares Plummet
Shares of the analytics company Helios & Matheson Analytics (NASDAQ:HMNY) plummetted Thursday after the company announced a USD $30 million public offering. The company, which owns a 92% majority stake in the movie-theatre subscription service ... [Read]
Akorn Sues Fresenius Medical Over Terminated Merger Agreement
Akorn sues Fresenius Medical: US-based drug manufacturing company Akorn Inc. (NASDAQ:AKRX) has sued German-based Fresenius Kabi AG, a subsidiary of Fresenius Medical Care Ag (NYSE:FMS), in a Delaware court on Monday, citing that Fresenius failed ... [Read]
Cleveland-Cliffs: Strategic Moves Support Future Fundamentals
Cleveland-Cliffs Inc (NYSE:CLF) shares move higher after beating the first quarter revenue estimate by $57 million and lifting full-year production guidance. CLF stock price rose 7% on Friday to$ 7.72 per share, up 16% in ... [Read]
Sunpower Stocks Leap on SolarWorld Americas Purchase
Sunpower acquires SolarWorld: US Solar panel technology firm SunPower (NASDAQ:SPWR) has seen its stock spike over 10% after announcing that it is to buy rival US panel maker SolarWorld Americas. SunPower’s per-share price currently sits ... [Read]
Aluminum Stocks Are Flying High After Sanctions on Russian Imports
Russian Import Sanctions: Aluminum price hit a six-year high after US sanctions on Russian producer, Rusal, opened the potential for a huge gap in supply and demand dynamics. Donald Trump has been supporting the aluminum ... [Read]