Walgreens Boots Alliance upgraded to Outperform from Market Perform at Cowen 05:38 WBA Cowen analyst Charles Ryhee upgraded Walgreens Boots Alliance to Outperform from Market Perform with a price target of $54, up from $43. Show Related Items >>
Reliance Steel price target raised to $225 from $210 at KeyBanc 06:38 RS KeyBanc analyst Philip Gibbs raised the firm's price target on Reliance Steel to $225 from $210 and keeps an Overweight rating on the shares. The analyst maintains that Reliance Steel is the highest-quality, most defensive company in the space amid strong recurring FCFE, industry-leading margins, a longstanding history of creating long-term shareholder value, and infrastructure optionality.
New Fortress Energy finalizes agreements with Pemex 06:07 NFE New Fortress Energy announced that it has finalized its agreements with Petroleos Mexicanos, or Pemex, Mexico's state-owned oil company, to develop and operate an integrated upstream and natural gas liquefaction project off the coast of Veracruz in Southeastern Mexico. The agreements comprise a long-term strategic partnership, expressly supported by His Excellency Andres Manuel Lopez Obrador, the President of Mexico, to complete the development of the Lakach deepwater natural gas field, one of the largest non-associated gas fields in the Gulf of Mexico. NFE will invest in the continued development of the Lakach field over a two-year period by completing seven offshore wells. In addition, NFE will deploy to the Lakach field its 1.4 MTPA Sevan Driller FLNG unit, which is currently undergoing conversion in a shipyard in Singapore, to liquefy the majority of the produced natural gas. The transactions described in this press release are subject to customary terms and conditions.
Inter Parfums sees FY23 EPS $3.70, consensus $3.52 16:17 IPAR Sees FY23 revenue $1.11B, consensus $1.11B. Jean Madar, Chairman & Chief Executive Officer of Inter Parfums, Inc. noted, "Building upon the record sales we are projecting in 2022, the increase in 2023 that we anticipate is due to a number of factors. The strength of our brand portfolio and our global distribution network have been an engine for internal growth in the past, and we expect the same in the future. We will also ship Donna Karan and DKNY products for the full year versus only five months in 2022. Finally, new product launches, primarily brand extensions and flankers, for our largest as well as our mid-sized brands, should once again be catalysts for sustained top line growth." Guidance assumes that the average dollar/euro exchange rate remains at current levels and there is no significant resurgence of the COVID-19 pandemic.
short report- GBA SHORT AMZN @$100
Amazon's hardware group on track to lose $10B this year, Insider reports 05:49 AMZN Amazon's hardware group is on track to lose $10B in 2022, as many Echo devices are sold at cost and plans to monetize Alexa have failed, Insider reports. The Insider report spoke with "a dozen current and former employees on the company's hardware team," who described "a division in crisis," with one former employee calling Alexa "a colossal failure of imagination," and "a wasted opportunity."
INSIDER-
NOTABLE INSIDER PURCHASES:Notable insider purchases reported in the prior week from November 14 through November 18 include:
- Beneficial Owner of HireRight Holdings (HRT) GenPar purchased 554,988 shares of company stock at $9.64 per share for a total transaction amount of $5,351,805
- Director of Beyond Air (XAIR) Robert Carey purchased 50,000 shares of company stock at $5.88 per share for a total transaction amount of 294,000
- Chairman of Nerdy (NRDY) Charles Cohn purchased 108,204 shares of company stock at $2.51 per share for a total transaction amount of $271,592
YOUR GUMMY OF THE DAY IS.... XAIR-!!!!!
XAIR Beyond Air, Inc.
$6.080.27(+4.65%)11:00 AM 11/21/22
NASDAQ |$USD |Post-Market:
$6.38+0.30(+4.93%)
YOUR SWING TRADE OF THE DAY IS IPAR
IPAR
Inter Parfums
$88.52
SWING TO $94 +
