TechnipFMC Stock Rallies to 52-Week High: Buy, Hold or Sell?
ZACKS· 2024-11-23 05:01
Oilfield services provider, TechnipFMC plc (FTI) has given an impressive performance since the beginning of 2024. Continuing its uptrend, the stock closed Thursday’s session at $30.02 after setting a new 52-week high of $30.23 earlier in the day. As shown in this chart, with the advance, FTI shares are up nearly 50% this year, comfortably outperforming the S&P 500. The company is also faring better than its peers like Oceaneering International (OII) and Core Labs (CLB) .FTI, OII and CLB Year-to-Date Stock P ...
It's Time to Look at 3 High-Yield Large-Cap Energy Stocks
ZACKS· 2024-11-23 05:01
The Oil/Energy market has been highly volatile, recently dropping below $70 per barrel. Concerns over weaker global demand, lackluster Chinese economic stimulus, and a surging U.S. dollar have weighed on market sentiment. On Thursday, Brent crude settled at $74.23 a barrel, while WTI finished at $70.10 — both still down on a year-to-date basis. Analysts warn that the planned production increases of OPEC+ could further depress prices, despite geopolitical uncertainties.High-Yield Stocks: A Cushion for Invest ...
BJ's Wholesale Q3 Earnings Top, FY24 View Up, Membership Hike Ahead
ZACKS· 2024-11-23 05:01
BJ’s Wholesale Club Holdings, Inc. (BJ) reported its third-quarter fiscal 2024 results, showcasing mixed performance. While revenues fell short of the Zacks Consensus Estimate, earnings surpassed expectations. Both metrics improved year over year, supported by decent comparable club sales growth.The Marlborough, MA-based company achieved a significant milestone by growing its membership base to 7.5 million members and announced its first membership fee hike in seven years. BJ’s unveiled a new $1 billion sha ...
Carbon Revolution Announces Receipt of Non-Compliance Letter from Nasdaq
GlobeNewswire News Room· 2024-11-23 05:01
GEELONG, Australia, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that the Company has received a notification letter (the “Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company ...
Analog Devices to Participate in UBS Global Technology Conference
Prnewswire· 2024-11-23 05:00
WILMINGTON, Mass., Nov. 22, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company's Executive Vice President & Chief Financial Officer, Richard Puccio, will discuss business topics and trends at the UBS Global Technology Conference, taking place at the Phoenician Hotel, located in Scottsdale, Arizona on Tuesday, December 3, 2024, at 10:15 a.m. MST.The webcast for the conference may be accessed live via the Investor Relations section of Analog Devices' website at investor.a ...
Shopify: Wait For The Buy Zone
Seeking Alpha· 2024-11-23 05:00
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...
Nvidia stuns analysts with disappointing earnings while Gap and Target deliver unexpected results: what broker say
Proactiveinvestors NA· 2024-11-23 04:52
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
ACHC Investors Have Opportunity to Lead Acadia Healthcare Company, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
Prnewswire· 2024-11-23 04:50
NEW YORK, Nov. 22, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) between February 28, 2020 and October 18, 2024, both dates inclusive (the "Class Period"), of the important December 16, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.So what: If you purchased Acadia Healthcare securities during the Class Period you may be entitled to compensation without paymen ...
Why is the Coal-to-Gas Transition a Boon for LNG, CVX & SHEL?
ZACKS· 2024-11-23 04:46
The transition from coal to natural gas is a significant part of global efforts to address climate change. Natural gas is often considered a "transition fuel" because it emits less carbon dioxide than coal. It complements renewable energy sources by providing a reliable backup when wind or solar generation is inconsistent. With liquefied natural gas (LNG) enabling global transportation of natural gas and ensuring its availability across markets, companies like Cheniere Energy Inc. (LNG) , Chevron Corporatio ...
Amazon Invests Another $4B In AI Firm Anthropic
Deadline· 2024-11-23 04:18
Amazon said it will invest $8 billion in AI firm Anthropic, bringing its total investment in the company to $8 billion over just the past few months. The companies teamed up last September, with Amazon putting in $4 billion and Anthropic naming Amazon Web Services its primary cloud provider.’ The new agreement will see Anthropic name Amazon’s AWS as its primary training partner, in addition to continuing to be its primary cloud provider. The company will also use AWS Trainium and Inferentia chips to train ...