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Last week, Rivian Automotive (NASDAQ: RIVN) drastically slashed its 2024 outpout goal over yet another supply chain disrution. Bloomberg reported that a communication blunder left the EV maker without critical supplies. With this big blow to its supply chain, growth is in for a major setback this year as this supply chain fumble will cost […]
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Huntington Bancshares Inc.’s (NASDAQ: HBAN) shares rose 2.5% in yesterday’s trading session after the company announced its plans to expand its banking franchise in North Carolina and South Carolina. The bank intends to add more than 350 employees across varied business divisions and launch roughly 55 retail branches within the next five years.The first branches […]
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U.S. Bancorp’s (NYSE: USB) shares have gained 12% in the past three months, outperforming the industry’s growth of 5.1% and the S&P 500’s rise of 5.8%. USB is currently trading just 1% off its 52-week high of $45.88 hit on Jul 30. Image Source: Zacks Investment ResearchThe company’s inorganic growth move and strong balance sheet […]
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Source: Streetwise Reports 08/22/2024The technology was confirmed to be effective, sustainable and environmentally friendly. Read one analyst’s thoughts about the news and investing in the company behind it.Laboratory-scale testing of Lithos Group Ltd.’s (OTC: LITSF) proprietary AcQUATM pretreatment technology on brines from Chile’s Salar de Atacama resulted in robust recovery of lithium and removal of […]
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Enersys (NYSE: ENS) reported first-quarter fiscal 2025 (ended Jun 30, 2024) adjusted earnings of $1.98 per share, which surpassed the Zacks Consensus Estimate of $1.97. The bottom line increased 5% year over year due to lower operating expenses.Enersys’ net sales of $852.9 million missed the consensus estimate of $878 million. The top line declined 6% […]
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Broadridge Financial Solutions, Inc. (NYSE: BR) reported mixed fourth-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.Adjusted earnings of $3.5 per share beat the Zacks Consensus Estimate by 0.6% and increased 9% from the year-ago quarter. Total revenues of $1.94 billion missed the consensus mark by 1% but […]
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