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Earnings Season Preview: How Will Corporate Profit Outlooks Impact Markets In 2024?
Monday, January 8, 2024 - 10:34am | 907Equity markets remain under pressure on Monday as investors await the start of the fourth-quarter earnings season for guidance on whether the rally of November and December could be resumed in January. Last week was the first down week for U.S. stocks following nine-consecutive weeks of gains for...
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Deere & Co. Earnings Preview: Solid Results Expected, But Don't Expect Share Price Pop
Tuesday, November 21, 2023 - 2:23pm | 518Deere & Company reports its fourth-quarter earnings on Nov. 22 against the backdrop of a share price that has fallen 15% in the past four months. But could this be an opportunity to buy? Analysts polled by Zacks Investment Research have forecast Deere & Company (NYSE:DE) earnings per share...
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Is SAFE Banking Act For Cannabis Moving Closer To Passing? This Analyst Says Yes
Tuesday, October 4, 2022 - 6:09pm | 790Cantor Fitzgerald’s analyst Pablo Zuanic, who recently met with lawmakers in the nation's capital said congressional leaders are poised to pass banking legislation for the cannabis industry in the upcoming elections. According to Zuanic, the marijuana industry may not have to...
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A Shareholder Lawsuit Stemming From Aphria Could Expose Tilray—Trouble In Cannabis Paradise?
Wednesday, August 31, 2022 - 7:15pm | 343Canadian cannabis giant Tilray, Inc. (NASDAQ: TLRY), which closed its acquisition of rival Aphria, Inc. (APHA) in 2021, could face a lawsuit brought by former Aphria shareholders. Background: In 2021, after months of negotiations, Tilray and Aphria merged creating a company with a...
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EXCLUSIVE: 2 Financial Analysts On Building Successful Brands, Subscription Services
Saturday, May 14, 2022 - 10:49am | 354“If you want to build a service, engage and be humble,” said J. Mintzmyer, founder of Value Investor’s Edge. "Everyone makes mistakes. Be humble about that and be approachable,” he said Friday at the 2022 Fintwit Conference presented by Benzinga and...
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Seeking Alpha Sponsors FinTwit Conference May 13-14; Hosted By Benzinga, Lupton Capital
Wednesday, May 4, 2022 - 5:25pm | 270In partnership with Lupton Capital, Benzinga is hosting the FinTwit Conference on May 13-14, 2022 at the ARIA Resort & Casino in Las Vegas. In attendance will be leaders in trading and investing that will speak on ways to navigate volatility, as well as protect and grow capital in personalized...
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Zig-Zag Maker Turning Point Brands' Stock Plunges As It Misses On Q3 2021 Revenue, Lowers Its 2021 Outlook
Tuesday, October 26, 2021 - 11:31am | 676Zig-Zag rolling papers producer, Turning Point Brands (NYSE: TPB), reported its financial results on Tuesday for the third quarter ended September 30, 2021. Based in Louisville, Kentucky, the company announced that its net sales increased 5.5% year over year to $109.9 million, missing...
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Canopy Growth Q1 2022 Revenue Spikes 23% YoY, Misses Estimates, Adjusted EBITDA Loss Narrows
Friday, August 6, 2021 - 9:05am | 598Canadian cannabis giant Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) reported Friday having generated CA$136 million ($108,6 million) in revenues in the first three months of fiscal 2022, missing estimates by CA$15.08 million, according to Seeking Alpha. Diluted earnings per share totaled CA...
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Papa John's Founder Is Bearish On His Former Company
Wednesday, October 21, 2020 - 9:23am | 328Papa John's International, Inc's (NASDAQ: PZZA) founder and former CEO Papa John Schnatter is bearish on the company he founded and thinks it is overvalued at 56 times earnings. What Happened: Schnatter has given the reasons for his bearish view in a Seeking Alpha article, which was in...
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InVitae Shares Bounce Back Following Analyst Rebuttal To Short Seller Allegations
Thursday, October 17, 2019 - 11:17am | 632InVitae Corp (NYSE: NVTA) shares have had a somewhat volatile week of trading after short seller allegations against the company prompted a bullish analyst to defend InVitae’s model. What Happened On Oct. 11, a short seller article published on Seeking Alpha accused InVitae of being the...
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Soliton Responds To Blog Calling It A 'PR Machine'
Friday, May 17, 2019 - 11:57am | 431Medical device company Soliton, Inc. (NASDAQ: SOLY) reacted Friday to a blog post calling the firm a "PR machine" and addressed whether it can achieve Food and Drug Administration clearance to market its new Rapid Acoustic Pulse technology. RAP technology has the ...
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6 Gene Therapy M&A Targets On The Radar
Wednesday, March 27, 2019 - 12:45pm | 1663Biogen Inc (NASDAQ: BIIB) to acquire gene therapy company Nightstar Therapeutics PLC (NASDAQ: NITE). Roche Holdings AG Basel ADR (OTC: RHHBY) agrees to buy Spark Therapeutics Inc (NASDAQ: ONCE). Sarepta Therapeutics Inc (NASDAQ: SRPT) exercises option to buy Myonexus Therapeutics for $165...
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Major Shareholders Team To Scuttle Bristol-Myers Squibb's $74B Celgene Buyout: What's Next?
Thursday, February 28, 2019 - 1:42pm | 570Opposition to the buyout deal Bristol-Myers Squibb Co (NYSE: BMY) negotiated with Celgene Corporation (NASDAQ: CELG) in January is rising and could potentially impede the M&A momentum seen in the biotech space this year. What Happened Wellington Management Co, which owns an 8.3-percent stake...
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Seeking Alpha To Acquire CressCap Investment Research
Wednesday, January 23, 2019 - 12:17pm | 398Seeking Alpha has announced a major acquisition of CressCap Investment Research, a move that will change the type of information investors can find on the news platform. What Happened On Wednesday, Seeking Alpha announced it has acquired CressCap, a quantitative analytics and data...
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Riding Solo: EV Startup Electra Meccanica Aims To 'Close The Last Gas Station'
Friday, November 23, 2018 - 1:24pm | 1187Just a decade ago, electric cars seemed like a futuristic vision. Now, there's always a chance of looking to one's left a red light and spotting a Tesla Inc (NASDAQ: TSLA) or even a Solo. One car company is taking a different approach in the electric race for a cleaner future: ...