With shares of the movie chain operator continuing to rise, Citi revised its model for AMC Entertainment (NYSE:AMC) Holdings Inc. today. After rising 78.4% on Monday, AMC stock is up 52% in premarket trading on Tuesday. AMC’s shares are up over 175% from Friday’s closing price. Citi analysts maintained their Sell rating on AMC stock …
Joshua Dean, one of the original whistleblowers in the Boeing controversy, died on Tuesday at the age of 45, according to media sources. Dean, a former quality auditor for Boeing supplier Spirit AeroSystems, was suffering a sudden and severe lung illness. He lived in Wichita, Kansas, where the Boeing supplier is headquartered. According to media …
The U.S. insurance industry is suffering from increasing medical expenditures, which is why CVS Health lowered its full-year profit target and posted first-quarter sales and adjusted earnings that fell short of forecasts on Wednesday. The company’s shares fell 18% in early trading on Wednesday. The network of drugstores reduced its earlier projection of at least …
In spite of impending legal issues, TD Cowen maintained its buy rating and $108.00 price target for Live Nation Entertainment (NYSE:LYV) shares on Tuesday. According to a recent Wall Street Journal article, the Department of Justice (DOJ) is getting ready to sue the corporation for antitrust violations as early as next month. The lawsuit’s contents, …
Goldman Sachs stated on Monday that its first-quarter profit increased by 28%, driven by a rebound in debt underwriting and dealmaking that strengthened its investment banking division. For the three months ending March 31, profit increased to $4.13 billion, or $11.58 per share, from $3.23 billion, or $8.79 per share, in the same period last …
When examining a stock for potential investment, what indicators point to a company’s downturn? We will almost certainly observe a decreasing amount of capital employed as well as a declining return on capital employed (ROCE). This combination can indicate that the corporation is not just making fewer investments, but also making less money overall. Having …
In honor of The Trinity Collection’s centennial, Snapchat and Cartier have collaborated to launch a brand-new augmented reality (AR) try-on experience. With the Cartier Trinity Ring Lens, customers can virtually try on the Classic Trinity Ring, browse the collection, and make purchases right from the smartphone. AR technology offers an accurate and lifelike experience with …
Over 35,000 people are traveling to San Antonio to witness totality, and local companies claim the increase in tourism is already helping them. “We are looking at 70% occupancy in the city leading up to the eclipse; that is significant because it is a significant uptick versus the year before that same weekend,” Visit San …
Walmart may be able to compensate some supermarket buyers in cash as part of the company’s recent $45 million settlement. In certain instances, clients may receive a refund of up to $500. Customers were allegedly charged more for some sold-by-weight products, including bagged fruit, than the “lowest advertised per pound/ounce price,” according to a copy …
An employee of a Pork company in central Iowa is explaining how he and his coworkers learned they would not have a job on June 28. Demarco Tolson has been employed for nearly two years at the Tyson Foods facility in Perry. He claimed that on Monday afternoon, workers were urged to congregate in the …