nysedri
There is a very great chance theS&P 500 (NYSEARCA:SPY) could fall another 25% or more but the news is not bad for all stocks. The hurricane predicted by Jamie Dimon is upon us, some others say the economy is broken, and yet there are sectors, industries, and individual stocks that are still seeing positive activity from the analysts. Those are stocks investors should be paying attention to because names like FedEx (NYSE:FDX), which just reported a big miss while predicting a global recession, are seeing a massive round of downgrades and moving lower. Q2 2022 hedge fund letters, conferences and...
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Darden Restaurants Overdelivers On ResultsDarden Restaurants (NYSE:DRI) and the entire sit-down restaurant industry have had a hard time with the reopening recovery. Not only did stay-at-home trends and social distancing keep traffic away longer than with other industries but rising costs and labor shortages cut deeply into the top and bottom-line results. The takeaway for today is that the restaurant business is gaining momentum and efforts to mitigate supply chain issues, rising food costs, and labor shortages have Darden Restaurants, at least, in a prime position to make money. Restaurant t...
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Ten Largest Companies Announcing Earnings Next WeekWe have used the market capitalization data of companies (as of June 16, 2022) to rank the 10 largest companies announcing earnings next week. Q1 2022 hedge fund letters, conferences and more Founded in 1912 and headquartered in Grand Rapids, Mich., this company makes and sells integrated furniture settings, user-centered technologies, and interior architectural products. Steelcase Inc. (NYSE:SCS) shares are down by almost 19% year to date and by over 28% in the last year. As of writing, its shares were trading at over $10, while it has a 52-w...
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