Bioventus Surges 103% in Six Months: Is the Stock Worth a Buy?
ZACKS· 2024-09-20 01:50
The stock price of Bioventus (BVS) has more than doubled in the past six months. This upside can be attributed to the encouraging sales performance across its business segments, based on which management raised the 2024 guidance twice this year.In the past six months, BVS stock significantly outperformed the industry’s 5.1% rise. The stock has also outperformed the sector and the S&P 500 during the same period. BVS shares are also trading above the 50-day and 200-day moving averages.BVS Stock Outperforms In ...
AECOM Wins Contract to Manage NT1 & Modernize T2E at SAN
ZACKS· 2024-09-20 01:50
AECOM (ACM) has secured the program management services deal from the San Diego County Regional Airport Authority (Authority).Per the deal, ACM will manage the $3.8 billion New Terminal 1 (NT1) program and modernize Terminal 2 East (T2E) at the San Diego International Airport (SAN). The scope of work includes a full range of program, project and construction management services and diversified specialized services.NT1, the airport’s largest project to date, will feature a new on-site entrance road designed ...
Darden Restaurants Faces Pressure to Improve Speed Amid Declining Sales
PYMNTS.com· 2024-09-20 01:48
In an increasingly fast-paced dining landscape, Darden Restaurants is under pressure to improve operational efficiency across its diverse portfolio, which includes Olive Garden, LongHorn Steakhouse, and fine dining establishments like The Capital Grille.Darden Restaurants President and CEO Rick Cardenas acknowledged the need for speed during the company’s first-quarter earnings call Thursday (Sept. 19).“We operate in a very dynamic, competitive industry,” Cardenas said, highlighting that while full-service ...
TD: It's All In The Long Game
Seeking Alpha· 2024-09-20 01:47
Editor's note: Seeking Alpha is proud to welcome Constantine Theophylactou as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.I am currently a finance student at York University, where I’m building a strong foundation in financial markets and investment strategies. As a dividend investor, I’ve chosen to invest in solid Canadian banks like BMO and TD for ...
Why Shares of Tencent, PDD, and Futu Are Rising Today
The Motley Fool· 2024-09-20 01:46
A rate cut by the Federal Reserve has made investors think that China's central bank will soon follow suit.Chinese stocks moved higher today after the Federal Reserve's jumbo 50-basis-point interest rate cut prompted investors to bet that China's central bank may follow suit.Shares of the Chinese tech conglomerate Tencent Holdings (TCEHY 3.62%) traded roughly 3.3% higher, as of nearly 1 p.m. ET, while shares of the Chinese online retailer PDD Holdings (PDD 2.66%) traded nearly 2% higher. Meanwhile, shares o ...
How is Walmart Kicking Off the 2024 Holiday Shopping Season?
ZACKS· 2024-09-20 01:46
Walmart Inc. (WMT) is starting its holiday shopping season earlier than ever this year, offering deep savings and convenient shopping experiences to help customers make the most of the season. With the first major holiday sales event happening from Oct. 8 to Oct. 13, the retail giant is providing early access to top gifts and exclusive deals. WMT is also bringing back its inflation-free Thanksgiving meal, which is even more affordable than last year.Walmart is responding to changing consumer habits, with al ...
3 Reasons Why Growth Investors Shouldn't Overlook Parker-Hannifin (PH)
ZACKS· 2024-09-20 01:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...
Netflix Hits New 52-Week Highs, Engagement Report Shows 'Bridgerton,' International Titles Dominate Viewership
Benzinga· 2024-09-20 01:42
Streaming giant Netflix Inc NFLX reported its first-half 2024 engagement report, which shows how a diverse mix of international titles and coverage of different genres could help the company dominate the streaming sector.What Happened: Netflix ended the second quarter with 277.65 million paid members. Future growth is expected to come from international expansion, ad-supported subscribers and live content.The first half of the 2024 engagement report highlighted how some of those areas could be shaping up fo ...
Ardelyx, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before October 15, 2024 to Discuss Your Rights – ARDX
GlobeNewswire News Room· 2024-09-20 01:42
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Ardelyx, Inc. ("Ardelyx" or the "Company") (NASDAQ: ARDX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ardelyx investors who were adversely affected by alleged securities fraud between October 31, 2023 and July 1, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/ardelyx-lawsuit-submission-form ...
Molina Healthcare Stock Rises 15.4% in 3 Months: Should You Buy?
ZACKS· 2024-09-20 01:41
Molina Healthcare, Inc. (MOH) , a multi-state managed care company, continues to benefit on the back of growing premiums, contract wins, acquisitions and a sound financial position. A solid 2024 earnings per share outlook also reinforces investors’ confidence in the stock. The company’s shares have gained 15.4% in the past three months, outpacing the industry and S&P 500 Composite’s growth of 14.6% and 2.6%, respectively.MOH stock is currently trading at $355.15, well below its 52-week high of $423.92, sugg ...