Mid Cap Archives - Page 22 of 126

2 minute read

Why Homebuilding Company M.D.C. Holdings Shares Are Rocketing Today

January 18, 10:47 AM

Sekisui House seals a $4.9 billion merger with M.D.C. Holdings at $63 per share, marking a 19% premium. The deal strengthens Sekisui House's North American growth strategy, aligning with its vision to supply 10,000 homes outside of Japan by FY2025.

MDC

1 minute read

Wintrust Financial Shares Dip On Q4 Miss: Details

By Lekha Gupta

January 18, 8:21 AM

Wintrust Financial reported 4% YoY revenue increase at $570.8 million, below the $579.2 million consensus. . Despite total loans and deposits growing, EPS fell 16% YoY to $1.87.

WTFC

1 minute read

Tech Company Impinj Shares Up On Guidance Boost, But Unimpressed Analyst Drops Coverage

By Lekha Gupta

January 17, 1:37 PM

Impinj forecasts a robust Q4 2023, with revenue expectations soaring beyond $70 million, outperforming earlier guidance. The adjusted EBITDA projection, surpassing $2.5 million, sparks a surge in PI stock price.

2 minute read

BofA Analyst’s Chemical Blend: Rating Change Saga, Reassesses Agricultural Market Dynamics

By Lekha Gupta

January 16, 2:53 PM

Analyst bullish on commodity chemical stocks but selective, upgrades Dow Inc and Ecolab, downgrades Celanese and FMC Corp, lowers estimates for US chemicals stocks.

3 minute read

End Of The Peace Dividend? Stocks That Could Benefit From Higher Defense Spending In 2024

By Neil Dennis

January 16, 1:24 PM

Companies such as Boeing and Lockheed stand to be among the winners of raised spending.

1 minute read

Scorpio Tankers Sets Sail: Sell, Buy, Aand Trim Debt In Strategic Maritime Moves

By Lekha Gupta

January 16, 12:17 PM

Scorpio Tankers Inc sells MR product tanker for $39.1M and exercises purchase options for 5 ships, expected to reduce $61.1M in debt.

STNG

1 minute read

Why Eldorado Gold Shares Are Trading Lower Premarket Tuesday?

By Lekha Gupta

January 16, 9:18 AM

Eldorado Gold Corp (EGO) reported preliminary production with Q4 gold production at 143,166 oz and 2023 production at 485,140 oz. Q4 production was strong and in line with expectations.

EGO

2 minute read

Why Oil And Gas Company Talos Energy Shares Are Trading Higher Today

By Lekha Gupta

January 16, 8:54 AM

Talos Energy will acquire QuarterNorth Energy for $1.29 billion, adding production of 30 MBoe/d and reserves of 69 MMBoe. Deal expected to close by Q1 2024.

TALO

2 minute read

Burberry Trims Profit Outlook: Are Luxury Goods Losing Charm?

By Lekha Gupta

January 12, 11:57 AM

Burberry shares were down 7% in morning trading, extending losses over the last year to 44%. Louis Vuitton and Kering SA also declined.

BURBY

3 minute read

Fitness In 2024: If You’re Going To ‘Just Do It’ — Do It Together

By Neil Dennis

January 12, 10:00 AM

Invest in fitness trends like HIIT, gym memberships, and home fitness brands like Peloton and Nike. Improve commitment and motivation with training partners.

FXLV