Alaska Air Group announces Investor Day in December
Prnewswire· 2024-09-20 23:13
Following the acquisition of Hawaiian Airlines, the combined organization will shed light on future plansSEATTLE, Sept. 20, 2024 /PRNewswire/ -- Alaska Air Group, Inc. will hold an Investor Day presentation in New York City on Tuesday, Dec. 10, 2024. The event will feature presentations and a question-and-answer session with members of the Alaska Airlines executive leadership team. The company looks forward to sharing more information about its business plan and shared future with Hawaiian Airlines – includ ...
FedEx Posts Downbeat Q1 Earnings, Cuts Guidance: Why Analysts See More Downside Ahead
Benzinga· 2024-09-20 23:11
Shares of FedEx Corp FDX tanked climbing in early trading on Friday, after the company reported downbeat results for its fiscal first quarter.Here are some key analyst takeaways.BMO Capital Markets analyst Fadi Chamoun reiterated a Market Perform rating, while reducing the price target from $325 to $300.Stifel analyst Bruce Chan maintained a Buy rating, while cutting the price target from $327 to $321.Goldman Sachs analyst Jordan Alliger reaffirmed a Buy rating, while reducing the price target from $332 to ...
How HCA Healthcare (HCA) Stock Stands Out in a Strong Industry
ZACKS· 2024-09-20 23:11
One stock that might be an intriguing choice for investors right now is HCA Healthcare, Inc. (HCA) . This is because this security in the Zacks Medical – Hospital space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in th ...
Textron: The Share Price Hasn't Reached Cruising Altitude, Maintain Buy
Seeking Alpha· 2024-09-20 23:10
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
AutoZone Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-09-20 23:10
AutoZone, Inc. AZO will release earnings results for its fourth quarter fiscal 2024, before the opening bell on Tuesday, Sept. 24.Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $53.69 per share, up from $46.46 per share in the year-ago period. AutoZone is projected to post quarterly revenue of $6.23 billion, compared to $5.69 billion a year earlier, according to data from Benzinga Pro.On June 19, AutoZone’s board approved an additional $1.5 billion share repurchase.Auto ...
Lennox Declares Quarterly Dividend
Prnewswire· 2024-09-20 23:09
DALLAS, Sept. 20, 2024 /PRNewswire/ -- The Lennox board of directors (NYSE: LII) approved a quarterly cash dividend of $1.15 per share of common stock, payable October 15, 2024, to stockholders of record as of September 30, 2024.About LennoxLennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovati ...
1 Favorable Trend That Explains the 99% Increase in Taiwan Semiconductor's Stock Price
The Motley Fool· 2024-09-20 23:08
Spending for all things AI is ramping up.Shares of Taiwan Semiconductor Manufacturing (TSM -1.13%) have soared over the last year, largely due to the soaring demand for cutting-edge chips capable of handling artificial intelligence (AI) workloads and a rebound in the broader semiconductor sector.TSMC, as the company is also known, is the world's largest contract manufacturer of semiconductors, serving companies like Apple, Nvidia, Broadcom, and AMD. It controls more than half of the third-party foundry mark ...
BlackRock Joins MSFT in AI Partnership: Should You Buy BLK Stock Now?
ZACKS· 2024-09-20 23:06
BlackRock Inc. (BLK) and Microsoft Corp. (MSFT) entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, collectively named Global AI Infrastructure Investment Partnership (“GAIIP”), to make the infrastructural investment required to build enhanced AI capabilities.This collaboration aims to invest in new and expanded data centers to address the rising demand for computing power and energy infrastructure to build new sources of power for these facilities. These investments will be majo ...
Apple's iPhone 16 Goes on Sale Today Without Latest AI Features
Investopedia· 2024-09-20 23:05
KEY TAKEAWAYSApple's latest smartphone, the iPhone 16, will be available in stores starting today, following disappointing Wall Street feedback from pre-order data.Potentially weighing on the models' popularity is that the tech giant's AI model, Apple Intelligence, won't be available immediately but will come later as a free software update.In the lineup for sales at almost 60 countries globally are the standard the 16 and 16 Plus models, as well as the higher-end Pro and Pro Max. Apple's (AAPL) latest smar ...
Nike Decides To ‘Just Do It' And Replaces CEO John Donahoe With Company Veteran Elliott Hill
Forbes· 2024-09-20 23:05
HONG KONG, CHINA - 2021/10/07: Children play in front of the American multinational sport clothing ... [+] brand Nike store, logo, with a slogan "Just Do It" illuminated banner in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesNike just announced that CEO John Donahoe will retire on October 13 to be replaced by longtime Nike stalwart Elliott Hill. Donahoe joined Nike’s board in 2014 and became CEO in January 2020. Hill came to Nike as a s ...