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DA Davidson Upgrades Alamo Group: Here's What You Need To Know
Thursday, March 16, 2023 - 1:00pm | 306DA Davidson upgraded its rating of Alamo Group (NYSE:ALG) to Buy with a price target of $196.00, changing its price target from $173.00 to $196.00. Shares of Alamo Group are trading up 4.9% over the last 24 hours, at $178.00 per share. A move to $196.00 would account for a 10.11% increase from the...
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Renault, Nissan, Mitsubishi Backed Guangzhou WeRide Confidentially Files For US IPO
Monday, March 13, 2023 - 9:18am | 311Chinese driverless technology startup Guangzhou WeRide Technology Co has filed confidentially for an initial public offering in the U.S. The company looks to raise up to $500 million, Bloomberg reports citing familiar sources. The listing could take place by the first half...
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Bosch-Backed Autonomous Driving Startup From China Mulls $500M IPO
Tuesday, August 23, 2022 - 7:52am | 287China-based Guangzhou WeRide Technology Co is considering a potential $500 million initial public offering, Bloomberg reported citing people familiar with the situation. The driverless technology startup is working with advisers on the potential listing and is weighing the U.S...
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Ideanomics Pockets $5.5M Purchase Order From Global Environmental Products
Wednesday, December 22, 2021 - 12:19pm | 167Ideanomics Inc (NASDAQ: IDEX) subsidiary US Hybrid bagged a $5.5 million purchase order from Global Environmental Products (GEP) for additional battery powertrain kits for electric street sweepers for California and other state fleets. The delivery of the order is expected to occur in...
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KeyBanc, DA Davidson Bump Up Federal Signal Price Target Post Q3 Results
Wednesday, November 10, 2021 - 5:19pm | 424KeyBanc analyst Steve Barger raised the price target on Federal Signal Corp (NYSE: FSS) to $55 (an upside of 16%) from $44 and maintained an Overweight rating on the shares. The analyst notes shares increased following its Q3 results despite a revenue miss and guide down....
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Alamo Group: Q2 Earnings Insights
Wednesday, August 4, 2021 - 4:26pm | 204Shares of Alamo Group (NYSE:ALG) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 85.85% over the past year to $1.97, which beat the estimate of $1.57. Revenue of $347,550,000 up by 29.38% year over year, which beat the estimate of $311,...
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Federal Signal: Q1 Earnings Insights
Wednesday, April 29, 2020 - 8:57am | 289Shares of Federal Signal (NYSE:FSS) were unchanged in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 30.00% over the past year to $0.39, which beat the estimate of $0.33. Revenue of $286,100,000 higher by 4.49% from the same period last year,...
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Cummins Announces B6.7N Natural Gas Engine Certified Below EPA NOx Limit
Wednesday, March 4, 2020 - 11:32am | 353Cummins officials announced the company's B6.7N natural gas engine has now been certified as meeting 0.02 NOx (nitrites of oxide) emissions levels, giving the company another natural gas engine that meets near-zero emissions requirements. "This is a big deal for us," said Tom Hodek, director of...
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NYC Sanitation Department Ready For Mack's First Electric Refuse Truck
Friday, January 10, 2020 - 10:05am | 955A copper Bulldog is coming to New York City. The Bulldog is the new identifier for Mack Trucks electric products and will adorn the grille of the Mack LR Electric model that the New York City Department of Sanitation (DSNY) will begin testing on Monday. The announcement came during a press event...
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A Bull-Bear Look At Turtle Beach
Monday, May 21, 2018 - 3:49pm | 513Turtle Beach Corp (NASDAQ: HEAR) stock has been on an incredible run in recent weeks, as the explosive popularity of battle royale games has created a huge demand for the company’s headsets and other hardware. With the stock up 278 percent in the past month, Turtle Beach has earned its fair...
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Digital Power Announces New Cryptocurrency Mining Division; Stock Surges
Wednesday, December 13, 2017 - 9:28am | 381Shares of Digital Power Corporation (NYSE: DPW) were soaring Wednesday morning after the company announced the creation of a new business unit dedicated towards mining cryptocurrencies. What You Need To Know Digital Power is a company that designs, manufactures, and sells power system solutions...
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Short Seller Claims 'If You Want Something Bitcoin-Related, Digital Power Isn't It'
Tuesday, December 12, 2017 - 3:08pm | 403Digital Power Corporation (NYSE: DPW) is up 672 percent over the last two weeks on exposure to bitcoin trends. But one short seller on the Street is calling for an inevitable bust. TheStreetSweeper issued a short report Tuesday justified by Digital Power’s poor earnings history and shaky...
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A New Short Report Claims Transenterix's Senhance System Is A 'Commercial Flop'
Tuesday, November 14, 2017 - 1:04pm | 631A new report from White Diamond Research throws some shade on Transenterix Inc (NYSE: TRXC) and its Senhance System. Transenterix stock is up 111 percent since it gained FDA approval for Senhance in October, but White Diamond says European doctors have nothing but bad things to say about the...
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Overstock Not Fazed By Short Report
Friday, November 3, 2017 - 2:05pm | 99Overstock.com, Inc. (NASDAQ: OSTK) shares are trading higher by 60 cents at $44.30 in Friday's session. The stock tailed off around noon today as StreetSweeper came out with a short report. Initially, Overstock sold off from the $45.00 area to $43.60, which was well above the low for the...
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Short Seller Slams TransEnterix, Shares Slip
Thursday, October 26, 2017 - 4:00pm | 408Shares of medical device company Transenterix Inc (NYSE: TRXC), which specializes in making surgical robots, took a tumble after short seller TheStreetSweeper released a report saying sell the stock. At time of writing, shares of TransEnterix were off 9.65 percent at $2.81. The shares were...