Stitch Fix Revenues In Q3 To Be Dragged By Active Client Declines, Macroeconomic Woes, Analyst Says
Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Stitch Fix, Inc. (NASDAQ:SFIX), with a price target of $5.…
Why Bank Of America And Wells Fargo Stocks Are Falling Today
Bank of America Corp (NYSE:BAC) and Wells Fargo & Co (NYSE:WFC) are trading lower by 2.20% and 3.30%, respectively, on Wednesday…
Doubling Down On Wholesale: BRC’s Revenue Projection For The Long Haul
Needham analyst Matt McGinley initiated coverage on BRC Inc (NYSE:BRCC) at a Hold rating. The analyst expects the company to benefit from…
Ford CEO Says EVs Will Be More Expensive Than Their ICE Counterparts For Years: Report
Ford Motor Company (NYSE: F) reportedly said electric vehicles will continue to be more expensive than traditional internal combustion engines until the second and third-generation EVs go into production after 2025.
Colliers International’s High-Value Service Poised For Mid-Teens ROIC: Analyst
RBC Capital Markets analyst Jimmy Shan initiated coverage on Colliers International Group Inc (NASDAQ:CIGI) at Outperform at a price target of $128.…
LyondellBasell Delays Cessation Of Operations At Houston Refinery Till Early 2025
LyondellBasell Industries NV (NYSE:LYB) plans to delay the cessation of operations at Houston Refinery from the end of this year to…
Stellantis Joins Hand With Vulcan To Develop Geothermal Renewable Energy In France
Stellantis NV (NYSE:STLA) and Vulcan Energy Resources Limited have signed a binding term sheet to develop new geothermal projects to supply to Mulhouse…
Verizon Inks Deal To Make USPS’ Customer Service Network Smarter
Verizon Communications Inc (NYSE:VZ) disclosed signing a 10-year deal worth up to $145.7 million with the United States Postal Service (USPS). Per the…
3M Invests $146M To Expand Biopharma Filtration Technology
3M Co (NYSE:MMM) plans to invest $146 million to expand its capabilities to support biotech manufacturing. The investment will include facility…
Why Hovnanian Enterprises Shares Are Sliding Today
Homebuilder Hovnanian Enterprises Inc (NYSE:HOV) reported Q2 FY23 revenue of $703.7 million, slightly up from $702.5 million a year ago. Sale…