Stocks
Alphabet Stock Slides Amid DOJ's Push to Limit Market Dominance
November 22, 2024 06:06 PM AEDT| By Team Kalkine MediaHighlights,-Alphabet drops as DOJ challenges dominance.,-Chrome, Android may face divestiture.,-Cloud, YouTube, and AI growth stays strong.,Alphabet Inc., the parent company of Google, recently faced heightened scrutiny as the U.S. Department of Just...
Hilton Grand Vacations Posts Revenue Growth in 3Q, Beats Analyst Expectations
November 22, 2024 05:41 PM AEDT| By Team Kalkine MediaHighlights,Revenue Growth:,$1.31 billion, up 28.3% year-on-year, beating analyst expectations by 0.9%.,Profit Metrics:,Exceeded EBITDA estimates but missed adjusted operating income projections.,Stock Reaction:,Shares rose,1.5%,post-earnings, trading...
WNS Recognized as a Leader in Supply Chain BPO Services by ISG
November 22, 2024 05:37 PM AEDT| By Team Kalkine MediaHighlights,Recognition:,WNS (Holdings) Limited named a ‘Leader’ in ISG’s 2024 Provider Lens™ Supply Chain Services US Quadrant Report.,Innovative Tools:,Platforms like,Malkom,,,TrustHall,, and,Demand Forecaster,cited as standout innovations.,Strategi...
Textron Aviation Secures Two-Aircraft Deal with AIR Marshall Islands for Cessna SkyCouriers
November 22, 2024 05:35 PM AEDT| By Team Kalkine MediaHighlights,Strategic Deal:,AIR Marshall Islands orders two Cessna SkyCourier turboprops to enhance regional connectivity and modernize its fleet.,Market Significance:,Highlights the SkyCourier’s utility in remote island operations, a growing niche ma...
Sandfire Resources America Expands Bridge Loan Facility to $50 Million
November 22, 2024 05:29 PM AEDT| By Team Kalkine MediaHighlights,Loan Expansion:,Bridge loan increased from $40 million to $50 million under a Fourth Variation agreement.,Funding Source:,Loan provided by Sandfire BC Holdings, the company’s largest shareholder.,Terms Retained:,All other terms of the exis...
Meritage Homes Announces Quarterly Dividend of $0.75 and Share Repurchase Expansion
November 22, 2024 05:26 PM AEDT| By Team Kalkine MediaHighlights,Dividend Declaration:,A quarterly dividend of,$0.75 per share,will be payable on,December 31, 2024,, to shareholders of record as of,December 17, 2024,.,Share Repurchase Program:,The Board approved a,$250 million,increase to the company’s...
Taiwan Semiconductor Manufacturing Company Limited (TSM) Expands Arizona Apprenticeship Program Through a $5M Investment from Government Grant
November 22, 2024 05:22 PM AEDT| By Team Kalkine MediaHighlights:,Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is one of the prominent players in the AI sector, capturing attention alongside other leading AI stocks.,The European Central Bank has raised concerns about a potential AI-related ass...
Institutional Investors in Graham Holdings Company (NYSE:GHC) Faced a 4.0% Decline Last Week, While Long-Term Gains Have Been Achieved
November 22, 2024 05:18 PM AEDT| By Team Kalkine MediaHighlights:,Institutional investors hold a dominant 58% stake in Graham Holdings, indicating substantial influence over the company's share price.,Seven investors own a combined 54% of Graham Holdings, signaling a concentrated ownership structure.,Re...
Uber Is Said to Be Engaged in Talks to Fund the US IPO of China’s Pony AI
November 22, 2024 05:12 PM AEDT| By Team Kalkine MediaHighlights:,Uber Technologies plans to participate in Pony AI’s upcoming U.S. initial public offering (IPO), expected to price next week.,The IPO has been upsized to 20 million American depositary shares, with the potential to raise $260 million.,Ube...
Deere’s 9% Stock Surge Stirs Debate Over Whether the Worst Is Over for the Agricultural Giant
November 22, 2024 05:10 PM AEDT| By Team Kalkine MediaHighlights:,Deere & Co. reports stronger-than-expected Q4 results, with earnings per share surpassing analysts’ forecasts.,Despite a 28% year-over-year revenue decline, proactive cost-cutting and production adjustments help mitigate losses.,Soft guid...
TG Therapeutics Stock Gains Nearly 15% After Recognition in Deloitte's Fast 500 and Revenue Outlook Enhancement
November 22, 2024 05:07 PM AEDT| By Team Kalkine MediaHighlights:,TG Therapeutics secures top spot on Deloitte’s Technology Fast 500 list as the fastest-growing biotech company in North America.,Revenue growth driven by the success of BRIUMVI®, its treatment for relapsing multiple sclerosis, with a 230%...
Allegion (NYSE:ALLE) Investors Have Benefited from a 35% Return in the Past Year
November 22, 2024 05:05 PM AEDT| By Team Kalkine MediaHighlights:,Allegion plc (NYSE:ALLE) has outperformed the market over the past year with a 33% stock price increase.,Longer-term performance shows a modest 5.6% increase in the past three years.,Recent EPS growth of 3.2% reflects positive investor se...
Significant Losses Recorded for Perspective Therapeutics and Pyxis Oncology, Down by 44.33% and 42.93%
November 22, 2024 05:03 PM AEDT| By Team Kalkine MediaHighlights:,SKK Holdings Limited (SKK) experienced a significant decline of −53.95%.,Perspective Therapeutics, Inc. (CATX) sees a notable drop of −44.33%.,Agrify Corporation (AGFY) faces a decrease of −26.55%, along with other biotech stocks.,SKK Hol...
Dow Jones and Small Caps See Gains, Google Stock Pulls Tech Down
November 22, 2024 04:59 PM AEDT| By Team Kalkine MediaHighlights:,Major indexes close higher, with the Dow leading the charge.,Nvidia experiences a rebound, closing up after a volatile session.,Snowflake posts an impressive 32% surge after strong earnings and an improved outlook.,On Thursday, major stoc...
Modular Medical (Nasdaq: MODD) Secures $8.2 Million in Funding
November 22, 2024 04:29 PM AEDT| By Team Kalkine MediaHighlights:,Modular Medical secures $8.2 million in funding through public offering.,Strong backing from existing institutional investors, including the largest shareholder.,Offering results in potential dilution for current shareholders at a relativ...
M&T Bank (NYSE:MTB) Announces 2026 Earnings Call Schedule and Revised 2025 Dates
November 22, 2024 04:26 PM AEDT| By Team Kalkine MediaHighlights:,2026 Earnings Calls,: M&T Bank sets earnings calls for April 15, July 15, and October 16, 2026, and January 19, 2027.,2025 Earnings Schedule,: Q2, Q3 calls moved to 11:00 a.m. ET, Q4 to 10:00 a.m. ET.,Upcoming Announcements,: Detailed not...
BioXcel Therapeutics (NASDAQ: BTAI) Announces Public Offering to Fund Clinical Trials and Operations
November 22, 2024 04:22 PM AEDT| By Team Kalkine MediaHighlights:,BioXcel secures funding for clinical trials, including SERENITY and TRANQUILITY.,Effective shelf registration statement in place for the offering.,Potential shareholder dilution and uncertain offering terms may lead to pricing pressure.,B...
StoneCo Announces New R$2 Billion Share Repurchase Program
November 22, 2024 04:17 PM AEDT| By Team Kalkine MediaHighlights:,Successfully completed previous R$1 billion share repurchase program.,Strong financial position supports new R$2 billion buyback initiative.,Previous buyback executed at favorable average price of US$13.52 per share.,StoneCo has announced...
Beneficient (NASDAQ: BENF) Updates Kansas Joint Committee on Economic Development and Operations
November 22, 2024 04:04 PM AEDT| By Team Kalkine MediaHighlights:,Second consecutive quarter of positive diluted EPS.,Board authorizes up to USD5 billion in fiduciary financings.,USD126 million increase in permanent equity through preferred equity reclassification.,Over 70 microgrants totaling USD3 mill...
Flex Ltd. (NASDAQ: FLEX) a Stock to Watch at US$39.83
November 22, 2024 06:28 AM AEDT| By Team Kalkine MediaHighlights:,Flex Ltd. has seen a substantial price increase, trading near its 52-week high.,According to valuation models, Flex’s stock is priced fairly, with minimal downside risk.,The company’s earnings are projected to grow by 28%, suggesting posi...