Author: Steven Adams

TTWO Stock Prices Moves Higher After Reporting 54% YoY Revenue Growth

TTWO Stock Prices Moves Higher After Reporting 54% YoY Revenue Growth

Take-Two Interactive Software (TTWO) shot higher after reporting earnings recently. TTWO fiscal first quarter revenue came in at $831.3 million, growing 54% year-over-year, and representing record Q1 revenue for the video game maker. TTWO said “recurrent consumer spending”, which is made up of in-game purchases of items, add-ons, and virtual currency used in its games, […]

MSI Develops SaferWatch Systems for Education Facilities as Calls Grow to Remove Police from Schools

MSI Develops SaferWatch Systems for Education Facilities as Calls Grow to Remove Police from Schools

With two current themes impacting school safety, one the COVID-19 pandemic and a call in some school districts to remove police officers from schools, Motorola Solutions (MSI) is working to improve school safety. MSI has teamed with SaferWatch to implement a security system that provides schools with a “mobile panic button” that can be used […]

OMI Stock Price Jumps on Raised Income Projections

OMI Stock Price Jumps on Raised Income Projections

Owens & Minor (OMI) had been flying under Wall Street’s radar until it preannounced earnings this week.  The medical supplies provider told the market it is essentially doubling its previous adjusted net income guidance. OMI raised projections for net income from $0.50 to $0.60 for the year to between $1.00 and $1.20. OMI said it […]

Vintage looking Wall street sign  in New York City with out of focus buildings and american flags on the background

SOLO Looks to Become a Force in the Challenging U.S. Market

ElectraMeccannica Vehicles Corporation (SOLO) has risen rapidly even as the company recently sought to raise $20 million in a public offering at $2. SOLO was trading as low as $1 in May, and in the last few days has touched $6. After underwriting discounts and commissions, the individual electric vehicle manufacturer pocketed $18.65 million. SOLO […]

SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

Sonic Automotive (SAH) recently updated investors with information on the return of customers after the COVID-19 shutdown. The company previously announced that it would be working to reduce costs during the pandemic, to address cash flow needs.  On the cost reduction front, management reported SAH has now cut $7 million in expenses per month, and […]

HUM Subsidiary Announces Expansion Plans to Launch 20 More Care Facilities

HUM Subsidiary Announces Expansion Plans to Launch 20 More Care Facilities

Humana (HUM) subsidiary, Partners in Primary Care, has embarked on a major expansion that will roll out over three years, and includes bringing online 20 additional care facilities in the first year. Commenting on the expansion plans, was Renee Buckingham, Humana Care Delivery Organization president, “We’re thrilled to see the communities we serve continue to […]