Armstrong Flooring Inc (AFI) stock got some oxygen when the company publicly announced to sell its production facility and real state property of theSouth Gate to an affiliate of Overtone Moore properties for a price of $76.7 million. Over the past year, AFI has risen
The Goodyear Tire & Rubber Company (NASDAQ: GT) has acquired rival Cooper Tire & Rubber Company (NYSE: CTB) for $2.8 billion. The takeover will be in cash and stock. Since the acquired assets are easily integrated into Goodyear’s current business, the acquisition will expand Goodyear’s
Ocular Therapeutix (OCUL) has performed well over the past year. OCUL has experienced a 248.76% gain in the last year, while its stock has risen by 115.92% in the last six months. OCUL’s performance this quarter stands at 31.73 percent and its performance in the
Levi Strauss & Co (NYSE: LEVI), one of the world’s most famous denim brands, is recovering from the COVID-19 crisis. As a result of opening new types of stores and expanding the range of goods, the company expects more substantial growth this year. NextGen Levi
Shares of Philip Morris International (PM) reacted positively to the fourth quarter’s earnings report. PM-related firms’ stocks rose 8.77% for the week, with a 3.63% jump for the month and a 21.28% rise for the quarter, while its past yearly performance rate touched -1.67%. PM’s
Robinhood Markets’ decision to lift trading restrictions on GameStop and AMC Entertainment shares has resulted in their recovery before the conference. The two companies were involved in a dispute between social media-coordinated micro-investors and hedge funds. Announcing the new measures on its website, Robinhood announced
Chipotle Mexican Grill Inc. (NYSE: CMG) has announced its fourth-quarter 2020 financial results. The company’s revenues and profits grew in line with market expectations. But full recovery is unlikely to occur before 2020. Chipotle Mexican Grill’s revenue growth slowed slightly from 14% in the third
A report on Peloton Interactive (PTON) fourth-quarter earnings is scheduled to be released this week. The Cowen Group released updated PTON shares forecasts days before the event. Experts believe that the price of the shares may rise by about 20% from its current level. There
The Nokia Corp. (NYSE: NOK), a telecommunications equipment supplier, may significantly benefit from the 5G network expansion. The company can increase its revenues as mobile networks modernize and bring substantial returns to its investors. According to DNB Markets analysts, Nokia’s shares have been upgraded from
Telaktiebolaget LM Ericsson announced earnings that beat analysts’ forecasts in the fourth quarter. Upon receiving the news, investors became bullish predictions. This resulted in a greater than 7% increase in the price of the shares on January 29. ERIC was trading at $12.75 at the
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