THE TRUTH ABOUT: 106 - The Untold Story

2 Alternative Energy and EV Supply Chain Stocks Offering Massive Long-Term Upside

The bear market has been very challenging for investors. Based on history, we are probably about 50% through. One productive activity for investors is to make a list of the stocks to buy on weakness. A category that will continue to grow even through a recession is alternative energy and…

StockNews.com · Jun 29, 2022

Top Analyst Recommends These 2 Buy-Rated Freight Stocks

The coronavirus pandemic has led to a rise in freight costs, which are expected to remain elevated due to the war and the supply chain issues. Amid this, analyst Jason Seidl has recommended freight stocks Hub Group (HUBG) and XPO Logistics (XPO), which are rated Buy in our proprietary rating…

StockNews.com · Jun 29, 2022

McCormick Q2 Earnings Miss Street View; Cuts FY22 EPS Forecast

McCormick & Co Inc (NYSE:MKC) reported a second-quarter FY22 sales decline of 1.3% year-on-year to $1.54 billion, missing the consensus of $1.61 billion. Flavor solutions segment sales increased 10%, driven by the Americas and EMEA regions. Consumer segment sales declined 8%, reflecting lower volume and product mix. Gross profit was $523 million, with…

Benzinga · Jun 29, 2022

Shop prices hit highest rate of inflation in nearly 14 years

Soaring supply chain costs and a cut in household spending is sending inflation sky high.

Daily Record · Jun 29, 2022

Here's Why Cognyte Software Shares Are Crashing Premarket

Cognyte Software Ltd (NASDAQ:CGNT) reported a first-quarter FY23 non-GAAP revenue decline of 24.7% year-on-year to $86.7 million, missing the consensus of $112.6 million. Segments: Software revenue declined by 51.8% Y/Y to $24.9 million.  Software service revenue fell 9.7% Y/Y to $45.8 million.  Professional service and other revenue increased 27.8% Y/Y to $15.7 million. The…

Benzinga · Jun 28, 2022

Some cities cancel Fourth of July fireworks because of shortages and fire concerns

Some major fireworks displays are canceled again this year — some over wildfire concerns amid dry weather and others because of enduring pandemic-related staffing and supply chain issues.

WEKU · Jun 28, 2022

GE CEO to take reins at its aviation business as comeback in airline travel is marred by supply chain bottlenecks, labor shortages

General Electric Co.’s chief executive officer will take on the additional job as CEO of its aviation unit, the Boston-based company announced Monday.

Tribune News Service · Jun 27, 2022

Is Bed Bath & Beyond A Buy Before Earnings This Week?

Leading specialty retail chain Bed Bath & Beyond (BBBY) has been battling global supply chain disruption, and a demand slowdown as consumer confidence remains dampened amid inflation. As its fundamentals continue to deteriorate, is it worth betting on the stock before its first-quarter earnings release this week? Read on.

StockNews.com · Jun 27, 2022

2 Grill Companies Heat Up Last Week — Time To Buy?

Shares of Weber (WEBR) and Traeger (COOK) surged last week. However, can these stocks sustain the price rally amid the ongoing supply chain challenges, persistent inflationary environment, and increasing labor costs? Let’s discuss.

StockNews.com · Jun 27, 2022

McDonald's Executive Shake-Up: What's On The Cards

McDonald's Corp (NYSE:MCD) CEO Chris Kempczinski announced several executive changes. MCD has appointed Ian Borden, currently President, International, as its next Executive Vice President and Chief Financial Officer, effective September 1. The current CFO, Kevin Ozan, has been promoted to Senior Executive Vice President, Strategic Initiatives, effective August 31. He plans to…

Benzinga · Jun 27, 2022