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Consumer
Top 10 consumer staple stocks to watch as inflation rises
June 15, 2021 10:00 AM AEST| By Kiran MuraliConsumer companies face several headwinds, such as increased raw materials and shipping costs and supply chain delays. Several consumer staple companies have already warned about inflationary pressure, while some have announced plans to increase the...
E-commerce Stocks To Watch This Year
June 09, 2021 06:36 AM AEST| By Team Kalkine MediaSummary E-commerce companies allow people to buy or sell goods online. Etsy Inc, an online platform for art and craft items, reported US$550.6 million consolidated revenue in Q1, 2021. eBay, a global e-commerce leader, recorded US$3 billion in.....
Trending Retail Stocks: Bed Bath & Beyond, Etsy
June 03, 2021 09:23 AM AEST| By Team Kalkine MediaSummary Bed Bath & Beyond to launch three new brands as it revamps its product assortment. Etsy to buy British fashion resale marketplace Depop for US$1.63 billion. Bed Bath & Beyond Inc. (NASDAQ: BBBY) and Etsy, Inc. (NASDAQ: ETSY.....
2 Active Stocks On NYSE: AMC Entertainment, GameStop
June 02, 2021 04:37 AM AEST| By Kiran MuraliAMC Entertainment Holdings, Inc. (NYSE: AMC) and GameStop Corporation (NYSE:GME) are among the active stocks on the New York Stock Exchange. Both the meme stocks recorded massive gains this year amid a rally fueled by Reddit’s Wall Street Bet.....
Doughnut Chain Krispy Kreme Files Confidential IPO With SEC
June 02, 2021 02:32 AM AEST| By Team Kalkine MediaAmerican doughnut chain Krispy Kreme had filed for an initial public offering (IPO) confidentially with the Securities and Exchange Commission (SEC) last month, according to the paperwork made accessible now. Although the company is yet to decide .....
3 Hospitality Stocks To Explore As Travel Activities Resume
May 28, 2021 12:34 PM AEST| By Kiran MuraliSummary MGM Resorts’ revenue from China grew 9 percent in the first quarter. Caesars Entertainment CEO sees strong demand for entertainment. Travel restrictions in Macao, Singapore, impact Las Vegas Sands performance. The hospitalit.....
5 Food Stocks To Explore As COVID-19 Restrictions Ease
May 28, 2021 03:51 AM AEST| By Kiran MuraliSummary McDonald’s and Yum! Brands saw their sales recover to pre-pandemic levels. Starbucks expects its global comparable sales to grow up to 23 percent in fiscal 2021. Beyond Meat and Tattooed Chef saw strong growth in Q1 sales. S.....
TAL & EDU: Two Hot Education Stocks In Market
May 27, 2021 02:29 AM AEST| By Team Kalkine MediaSummary TAL closed Tuesday's session at 18.47% higher to US$42.14, while EDU closed 20.84% higher to US$10.96 from the previous close. TAL Revenue increased to US$4.5 billion in the fourth quarter ended February 2021. The stocks had pulled bac.....
2 Cruise Stocks To Explore As Economy Reopens
May 26, 2021 10:23 AM AEST| By Team Kalkine MediaSummary Carnival Corp to restart its U.S. cruise operations, starting with Alaska sailings in July. Norwegian Cruise Line Holdings to start Alaska cruising from August. With the easing of pandemic restrictions, hopes are high for cruise operat.....
Take-Two & Activision Blizzard: Two Gaming Stocks To Watch
May 25, 2021 02:49 PM AEST| By Team Kalkine MediaSummary Take-Two’s net revenue grew 10% to US$839.4 million in Q1. Take-Two acquired the successful games developer HB Studios Multimedia. Activision Blizzard’s GAAP net revenue was US$2.28 billion in Q1 of 2021. .....
Can Beyond Meat Stock (BYND) Continue Monday’s Rally?
May 25, 2021 11:46 AM AEST| By Kiran MuraliSummary The plant-based meat product company’s stock peaked 12.8 percent in intra-day trade. First-quarter revenue grew 11.4 percent to US$108.2 million. The stock is up 154 percent since its NASDAQ listing in 2019. Beyond Meat, Inc.....
Oatly Stock Up 22.97% In Market Debut, Raises US$1.4 billion
May 21, 2021 05:52 AM AEST| By Team Kalkine MediaSummary Oatly stock (NASDAQ: OTLY) soared 22.97% to US$20.9 at 2:48 pm ET on Thursday, May 20. Oatly raised US$1.4 billion from 84.4 million American depositary shares at an offering price of US$17 apiece on Wednesday, bringing its valuation to.....
Macy’s Raises FY’21 Forecast; Stock Up 68% YTD
May 19, 2021 10:29 AM AEST| By Team Kalkine MediaSummary The department store operator projects its net sales to grow to US$22.23 billion in fiscal 2021. Macy’s added 4.6 million new customers in Q1 ended May 1. The company’s stock is up 68 percent year to date, while it grew 243.....
Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1
May 19, 2021 09:59 AM AEST| By Team Kalkine MediaThe first-quarter net earnings of Home Depot, Inc. (NYSE: HD) rose to US$4.15 billion, or US$3.86 per share diluted, from US$2.25 billion, or US$2.08 earnings per share diluted, in the year-ago period. The company’s net sales rose 32.7% to U.....
Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost
May 19, 2021 04:34 AM AEST| By Team Kalkine MediaSummary Walmart’s revenue rose 2.7% YoY to US$138.3 billion in the first quarter of 2021. Its global e-commerce sales jumped 49% during the period. The company’s consolidated operating income surged 32.3% to US$6.9 billion, and its.....
Kraft Heinz: A Rising Warren Buffet Stock
May 18, 2021 08:53 AM AEST| By Kiran MuraliSummary The stock outperformed its competitors like Mondelēz International, Inc. (NASDAQ: MDLZ), and PepsiCo, Inc. (NASDAQ: PEP) this year. Kraft Heinz’s largest shareholder Berkshire Hathaway seems confident in its CEO and management. ...
DoorDash Stock Jumps Over 20% After Strong Earnings Report
May 15, 2021 05:19 AM AEST| By Team Kalkine MediaThe stock of American food delivery service DoorDash Inc. (NYSE: DASH) surged more than 23% to US$142.265 at 2:29 pm ET on Friday, May 14, a day after it reported a robust earnings growth. The Florida-based company’s Q1 revenues surged 198% .....
Kellogg & AB InBev: Will These Two Stocks Rise On Consumer Comeback?
May 07, 2021 11:11 AM AEST| By Team Kalkine MediaSummary Kellogg’s revenues rose 5.1% to US$3.58 billion in the first quarter of 2021, compared to US$3.41 billion in the year-ago period. Kellogg’s organic net sales rose 4.2% to US$3.55 billion during the quarter. The AB InBev sto.....
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Upbeat Forecast Boosts Under Armour, Caesars Shares; Peloton Dips After Treadmill Recall
May 06, 2021 06:56 AM AEST| By Team Kalkine MediaShares of Under Armour, Inc. (NYSE: UAA) and Caesars Entertainment, Inc. (NASDAQ: CZR) rallied on Wednesday’s trading as both the companies showed optimism in recovery expectations. However, shares of New York-based fitness equipment manufac.....
Coursera, Chegg, & Houghton: 3 Education Stocks To Explore
May 06, 2021 04:18 AM AEST| By Team Kalkine MediaSummary Coursera’s Q1 revenues jumped 64% to US$88.4 million, compared to the same period a year ago. Chegg’s net revenues were up 51% YoY to US$198.4 million in the first quarter of 2021. Houghton stock surged 32% in the last 30 d.....
