Stoney!!!
Remember what I predicted earlier this week.... GDP will come in better than expected.
We shall see.
GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
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Remember what I predicted earlier this week.... GDP will come in better than expected.
We shall see.
Damn that guy was right- WING went from $90---$99 after he recommended it.
Wingstop reports Q2 adjusted EPS 45c, consensus 36c 08:05 WING
I thought he had the story backwards-- gave me a big pitch then I heard on the radio Chicken prices were up not down he was telling me down--
$98.00 <---------
Wingstop reports Q2 adjusted EPS 45c, consensus 36c 08:05 WING
I thought he had the story backwards-- gave me a big pitch then I heard on the radio Chicken prices were up not down he was telling me down--
$98.00 <---------
Stoney!!!
Remember what I predicted earlier this week.... GDP will come in better than expected.
We shall see.
Hi Van remember last week late when I said my work shows a big up week this week and a big day yesterday (biggest of the year).... But perhaps trouble on Thurs?
We have alot going on-- GDP is huge. What is expected? It's hard to be better than expected if we can't understand what is expected-- some negative number-- very slightly negative whatever the number is they will argue these new arguments that Two successive reads of negative growth does not mean recession. The new interpretation is every recession has two qts of negative growth they all start that way but you don't have to go into recession if you graze negative and then recover---
I might be a bit on the limb here but Why Did Joe Manchun change his tune? He was firmly in the camp of tamping down inflataion that all this money give away causes the inflation and nothing he was going to do would aid inflation-- he was against it. Flat out. Then he changed. New round of spending- why?
Well.. A) Manchun has seen some secret numbers that indicate inflation IS COMING DOWN!
B) Manchn has seen some secret numbers that the economy is heading into the dumps and needs helicopter funding fast.
Or both.
--Beam receives $927,000 battery order to power autonomous delivery drones » 08:14 BEEM
--Eltek receives $1.7M purchase order from an existing defense customer 08:09 ELTK
--Shyft Group reports Q2 adjusted EPS 21c, consensus 18c 07:42 SHYF Reports Q2 revenue $232.2M, consensus $223.02M. "The Shyft Group continued to manage supply chain disruptions in the second quarter with results in line with our expectations. The Specialty Vehicles team executed well and produced solid results, while we also saw chassis deliveries in our Fleet Vehicle Services business improve steadily as the quarter progressed," said Daryl Adams, President and Chief Executive Officer. "We also continued to hit key development milestones with our electrification products and remain on track for production in mid-2023."
--Eltek receives $1.7M purchase order from an existing defense customer 08:09 ELTK
--Shyft Group reports Q2 adjusted EPS 21c, consensus 18c 07:42 SHYF Reports Q2 revenue $232.2M, consensus $223.02M. "The Shyft Group continued to manage supply chain disruptions in the second quarter with results in line with our expectations. The Specialty Vehicles team executed well and produced solid results, while we also saw chassis deliveries in our Fleet Vehicle Services business improve steadily as the quarter progressed," said Daryl Adams, President and Chief Executive Officer. "We also continued to hit key development milestones with our electrification products and remain on track for production in mid-2023."
I don't know what the expected # is.
Doesn't matter, whatever it is, it's coming in "better than expected".
Watch.
>>> 7 minutes to showtime.
--Palantir announces $99.9M contract with U.S. Army Research Laboratory 07:27 PLTR Palantir Technologies…
--Opendoor Technologies initiated with an Overweight at JPMorgan 07:13 OPEN JPMorgan analyst Dae Lee initiated coverage of Opendoor Technologies with an Overweight rating and $9 price target. Opendoor is a leading internet buyer that makes selling and buying homes simple, certain and fast for consumers, transforming the complex, uncertain, and resource intensive traditional way of selling, Lee tells investors in a research note. The analyst sees a "large and underpenetrated" total addressable market for the company and a "clear path" to $50B revenue with a track record of solid execution
--Travel + Leisure sees Q3 adjusted EBITDA $230M-$240M
--Travel + Leisure reports Q2 adjusted EPS $1.27, consensus $1.19 » 06:38 TNL Reports Q2 revenue $922M,…
--Nkarta initiated with a Buy at Needham 06:37 NKTX Needham analyst Gil Blum initiated coverage of Nkarta with a Buy rating and $26 price target.
--Opendoor Technologies initiated with an Overweight at JPMorgan 07:13 OPEN JPMorgan analyst Dae Lee initiated coverage of Opendoor Technologies with an Overweight rating and $9 price target. Opendoor is a leading internet buyer that makes selling and buying homes simple, certain and fast for consumers, transforming the complex, uncertain, and resource intensive traditional way of selling, Lee tells investors in a research note. The analyst sees a "large and underpenetrated" total addressable market for the company and a "clear path" to $50B revenue with a track record of solid execution
--Travel + Leisure sees Q3 adjusted EBITDA $230M-$240M
--Travel + Leisure reports Q2 adjusted EPS $1.27, consensus $1.19 » 06:38 TNL Reports Q2 revenue $922M,…
--Nkarta initiated with a Buy at Needham 06:37 NKTX Needham analyst Gil Blum initiated coverage of Nkarta with a Buy rating and $26 price target.
Doesn't matter, whatever it is, it's coming in "better than expected".
I think logically the number cannot be better than expected if we don't know what is expected.
What I would like to see is some fractional positive growth under 1%... something pathetic like
0.82 Positive
I think logically the number cannot be better than expected if we don't know what is expected.
What I would like to see is some fractional positive growth under 1%... something pathetic like
0.82 Positive
Pilots are really hard to find... JetBlue just found a bunch
JetBlue sees $600M-$700M in annual synergies, accretion to earnings in year one 06:36 JBLU JetBlue "announced it will acquire Spirit for $33.50 to up to $34.15 per share in cash, depending on the timing of closing, including 1) an accelerated prepayment of $2.50 per share in cash, payable promptly after Spirit's stockholders approve the transaction, and 2) a ticking fee prepayment of $0.10 per share per month between January 2023 and the consummation or termination of the transaction. In the event the transaction is consummated on or before December 2023, the transaction consideration will be $33.50 per share, increasing over time to up to $34.15 per share, in the event the transaction is consummated at the outside date in July 2024. The transaction consideration of $33.50 per share implies an aggregate fully diluted equity value of approximately $3.8 billion3 and an adjusted enterprise value of $7.6 billion. JetBlue expects to achieve $600M-700M in net annual synergies once integration is complete, driven in large part by expanded customer offerings resulting from the greater breadth and depth of the combined network. The combined company is projected to have annual revenues of approximately $11.9 billion based on 2019 revenues. JetBlue expects the transaction to be significantly accretive to earnings per share in the first full year following closing. JetBlue expects to maintain balance sheet flexibility with post-transaction leverage of 3.0-3.5x, well inside historical levels, and to continue its deleveraging trajectory as it captures synergies."
JetBlue sees $600M-$700M in annual synergies, accretion to earnings in year one 06:36 JBLU JetBlue "announced it will acquire Spirit for $33.50 to up to $34.15 per share in cash, depending on the timing of closing, including 1) an accelerated prepayment of $2.50 per share in cash, payable promptly after Spirit's stockholders approve the transaction, and 2) a ticking fee prepayment of $0.10 per share per month between January 2023 and the consummation or termination of the transaction. In the event the transaction is consummated on or before December 2023, the transaction consideration will be $33.50 per share, increasing over time to up to $34.15 per share, in the event the transaction is consummated at the outside date in July 2024. The transaction consideration of $33.50 per share implies an aggregate fully diluted equity value of approximately $3.8 billion3 and an adjusted enterprise value of $7.6 billion. JetBlue expects to achieve $600M-700M in net annual synergies once integration is complete, driven in large part by expanded customer offerings resulting from the greater breadth and depth of the combined network. The combined company is projected to have annual revenues of approximately $11.9 billion based on 2019 revenues. JetBlue expects the transaction to be significantly accretive to earnings per share in the first full year following closing. JetBlue expects to maintain balance sheet flexibility with post-transaction leverage of 3.0-3.5x, well inside historical levels, and to continue its deleveraging trajectory as it captures synergies."
came in light
--Kinnate Biopharma initiated with a Buy at H.C. Wainwright 06:08 KNTE H.C. Wainwright analyst Robert Burns initiated coverage of Kinnate Biopharma with a Buy rating and $33 price target. The company has a potential best-in-class RAF dimer, KIN-2787, that could possibly address a large unmet need, Burns tells investors in a research note. He says Kinnate is "on the cutting edge of precision medicine in oncology."
Oh HUGE NUMBERS FROM SHEL<---
--Shell reports Q2 adjusted EPS $2.42 vs. 71c last year 05:28 SHEL Reports Q2 revenue $100.06B vs. $60.52B last year. The company said, "With volatile energy markets and the ongoing need for action to tackle climate change, 2022 continues to present huge challenges for consumers, governments, and companies alike. Consequently, we are using our financial strength to invest in secure energy supplies which the world needs today, taking real, bold steps to cut carbon emissions, and transforming our company for a low-carbon energy future."
Oh HUGE NUMBERS FROM SHEL<---
--Shell reports Q2 adjusted EPS $2.42 vs. 71c last year 05:28 SHEL Reports Q2 revenue $100.06B vs. $60.52B last year. The company said, "With volatile energy markets and the ongoing need for action to tackle climate change, 2022 continues to present huge challenges for consumers, governments, and companies alike. Consequently, we are using our financial strength to invest in secure energy supplies which the world needs today, taking real, bold steps to cut carbon emissions, and transforming our company for a low-carbon energy future."