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Consumer
Top consumer staples stocks to explore in July: HSY, PM, KO, LW & TAP
July 02, 2022 11:32 AM PDT| By Rupam RoyThe consumer staples stocks have gained significant traction amid uncertainties in the market, as demands for their products tend to remain stable regardless of market condition.
2U, Inc. (TWOU) stock rises 21% on Byju’s US$1-bn buyout offer
June 29, 2022 07:26 AM PDT| By Versha JainMaryland-based 2U, Inc. (TWOU) stock surged on Wednesday after Byju's offer.
Revlon (REV) stock extends rally as traders flock to 'buy the dip'
June 22, 2022 11:23 AM PDT| By Mridul GogoiRevlon shares continue rally after filing for bankruptcy
Kellogg (K) stock jumps after announcing to split into three companies
June 21, 2022 08:54 AM PDT| By Versha JainKellogg announces splitting business into three to better resource utilization.
Top agri stocks to watch amid rising prices: ADM, CTVA, MOS, BG & CF
June 16, 2022 05:29 PM PDT| By Versha JainHighlights: Archer-Daniels-Midland Company (NYSE: ADM) stock grew by 20.79% YTD. Corteva, Inc. (NYSE: CTVA) stock has a P/E ratio of 23.93. CF Industries Holdings, Inc. (NYSE: CF) pays an annualized dividend of US$1.60. Agriculture is a c.....
Revlon (REV) files for bankruptcy, rising debts drown cosmetics giant
June 16, 2022 10:49 AM PDT| By Mridul GogoiHighlights: US cosmetics giant Revlon Inc. (NYSE: REV) files for bankruptcy. Revlon failed to withstand competition from celebrity-backed cosmetic startups. Founded in the early 20th century, Revlon is considered a doyen in the cosmetics indus.....
Toymaker Lego to invest US$1 bn on new US factory
June 15, 2022 01:07 PM PDT| By Mridul GogoiThe world’s largest toymaker Lego announced on Wednesday about investing US$1 billion in a new factory in the US to address a growing demand for its brick in the region. The new factory, which will come up in Chesterfield County, Va., outsid.....
SPTN to GO: 5 food and staple stocks to explore amid inflation
June 07, 2022 05:58 AM PDT| By Versha JainHighlights: SpartanNash Company (NASDAQ: SPTN) declared a quarterly cash dividend of US$0.21 payable on June 30, 2022. Its current dividend yield is 2.35%. Last month, Grocery Outlet Holding Corp. (NASDAQ: GO) partnered with Uber for grocery de.....
Hormel (HRL) delivers record Q2 sales; stock slips on weak forecast
June 02, 2022 12:03 PM PDT| By Mridul GogoiHormel Foods Corporation (NYSE: HRL) posted record sales and double-digit earnings in its Q2 FY-22 earnings results on Thursday, June 2, 2022. The leading global food brand, Hormel, delivered record net sales of US$3.1 billion, which is up 19% fro.....
MUSA to TH: Five consumer discretionary stocks to explore in June
May 29, 2022 10:10 AM PDT| By Versha JainConsumer discretionary stocks are companies that manufacture or offer services considered non-essential, such as entertainment, cars, furniture, etc. Some large consumer discretionary companies are Amazon.com Inc (AMZN), Tesla Inc (TSLA), and Nike .....
Aurora Cannabis (CAN) stock falls after bought deal raised to US$150 mn
May 27, 2022 03:27 PM PDT| By Mridul GogoiHighlights: Aurora Cannabis Inc. (Nasdaq: ACB) to raise the size of its previously bought deal to US$150 million. Shares of Aurora Cannabis dived substantially on Friday. Investors sensed desperation in the company, triggering shares to drop. .....
Five travel stocks to watch in June: TH, ARCO, BDL, BOWL & PLYA
May 24, 2022 12:35 PM PDT| By Versha JainHighlights Target Hospitality Corp.'s (NASDAQ: TH) P/E ratio is 56.6, and the forward P/E for one year is 59.4. Arcos Dorados Holdings Inc. (NYSE: ARCO) has a P/E ratio of 15.47 and a dividend yield of 2.12%. Flanigan's E.....
GameStop (GME) stock gets premarket boost on crypto wallet launch
May 23, 2022 08:00 AM PDT| By Versha JainHighlights On Monday, the videogconame retailer GameStop Corporation announced the launch of its digital asset wallet. The wallet would allow users to send, receive and store cryptocurrencies and NFTs across decentralized apps (DApps) without l.....
Why National CineMedia (NCMI) stock surged 24% today?
May 18, 2022 01:36 PM PDT| By Team Kalkine MediaHighlights: Shares of National CineMedia (NASDAQ: NCMI) soared over 24% on Wednesday. AMC Entertainment (NYSE: AMC) has taken a 6.8% stake in National CineMedia. The NCMI stock had tumbled 54% this year before Wednesday’s jump. Afte.....
AIA, AIR, SKO: 3 NZX stocks to eye as travel starts to recover
May 17, 2022 10:36 PM PDT| By Manika9 pandemic. Serko Limited (NZX:SKO) SKO is a corporate travel technology company that announced its full-year results today. It said that it was stepping up its investment as it was expecting a big travel recovery after three years of losses....
Five education stocks to watch in Q2: LRN, VRTU, UTI, LEAI & LAUR
May 15, 2022 11:16 AM PDT| By Versha JainHighlights Stride, Inc. (NYSE: LRN) offers alternative programs to traditional on-campus schooling. It has a P/E ratio of 17.11. Vitru Limited (NASDAQ: VTRU) is a digital education provider. It has a P/E ratio of 27.92. .....
Top 5 travel stocks to explore: MAR, BKNG, ABNB, DAL & LUV
May 12, 2022 02:08 PM PDT| By Rupam RoyHighlights: Marriott International's (NASDAQ: MAR) revenue rose 81% YoY in Q1, FY22. Booking Holdings Inc. (NASDAQ: BKNG) revenue jumped 136% YoY in Q1, FY22. Southwest Airlines Company (NYSE: LUV) reported a revenue of US$4.69 billion in Q1, .....
OLN, SWBI & RGR among top 5 US gun stocks to watch in Q2
May 12, 2022 10:19 AM PDT| By Versha JainHighlights Olin Corporation (NYSE: OLN) has a dividend yield of 1.32% and a P/E ratio of 93. Smith & Wesson (NASDAQ: SWBI) has a P/E ratio of 2.7, with a dividend yield of 2.3%. Sturm, Ruger & Co (NYSE: RGR) has a dividend yi.....
Sony's (SONY) Q4 profit soars 100%, announces US$1.5-bn share buyback
May 10, 2022 11:00 AM PDT| By Team Kalkine MediaHighlights: Sony Group Corporation’s (Nasdaq: SONY) Q4 income surged over 100%. It announced a share buyback plan of around 200 billion yen (US$1.5 billion). Sony pushed sales of 14.5million first-party games in the quarter. Sony Gr.....
5 consumer stocks under US$50 to watch: MAT, LRN, HRB, TEN & UTI
May 07, 2022 01:23 PM PDT| By Versha JainHighlights H&R Block, Inc. (NYSE: HRB) has a P/E ratio of 5.7, and its dividend yield is 4.17%. Tenneco Inc. (NYSE: TEN) has a P/E ratio of 38.83 and a forward P/E one year of 4.16. Universal Technical Institute.....
