Key Takeaways Macy's (M) released a list of dozens of "underperforming stores" it plans to close as part of a multi-year turnaround campaign, including its Philadelphia City Center and Downtown Brooklyn locations. The retailer's first batch of 66 planned closures will reduce its footprint in 22 states, with downsizing most significant in California, New York, Florida, and Texas, according to a list released Thursday. These shops will run clearance sales for up to 12 weeks before shuttering, according to Mac ...

ORLANDO, Fla., Jan. 10, 2025 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, along with strategic joint ventures including biometrics, today announced it has filed a Form 12b-25 with the U.S. Securities and Exchange Commission ("SEC"), as the Company will be late in filing its Quarterly Report on Form 10-Q for the quarter ended November 30, 2024 (the "Form 10-Q").  The delay is principally c ...

The Coca-Cola Company (KO) stock has rolled down 11.3% in the past three months. With this decline, KO shares have underperformed the broader Consumer Staples sector's dip of 8.2% and the S&P 500's rally of 2.7% in the same period. However, the company's shares have slightly outpaced the broader industry's 12.4% decline. Coca-Cola's stock performance also reflects outperformance compared with its close competitors, including PepsiCo Inc. (PEP) and Keurig Dr Pepper (KDP) , which have lost 16.1% and 14.4%, re ...

Looking for stocks fluctuating within a specific band, known as breakout stocks, is an active investing strategy. When selecting breakout stocks, it is recommended to sell if prices drop below the lower band and hold for potential gains if they exceed the upper band. To that end, Asure Software, Inc. (ASUR) , Granite Ridge Resources, Inc. (GRNT) and Priority Technology Holdings, Inc. (PRTH) have been selected as the breakout stocks for today. Zeroing in on Breakout Stocks For a bona fide breakout, the stock ...

AT&T Inc. (T) has reinforced its focus on the customer-centric business model by promising to pay bill credits for any network outage across its wireless and fiber networks for consumers and small businesses. The first-of- its-kind industry initiative, dubbed AT&T Guarantee, aims to maintain customer loyalty and win back trust after the carrier faced severe backlash for a nationwide wireless service outage last year. An independent investigation by the Federal Communications Commission found that the 12-hou ...

Payments-processing juggernaut Visa Inc. (V) boasts robust global operations that many financial companies envy. Unlike most financial stocks, which are highly cyclical, its strong competitive advantages enable it to excel in nearly any economic environment. A cornerstone of V's success is its focus on payment facilitation, while some peers also engage in lending. This spares the company from having to allocate capital for loan losses or credit delinquencies during economic downturns. Can Visa Capitalize on ...

Rocket Lab USA (RKLB) has lately been in the headlines for its multiple achievements in the space industry over the past month. Notably, in January, the company announced its selection by Kratos Defense & Security Solutions, for a five-year contract, for the Multi-Service Advanced Capability Hypersonic Test Bed (MACH- TB) 2. Earlier in December, the company successfully completed its 16th launch for the year by deploying a satellite for Japanese Earth-observation constellation operator -Synspective. In the ...

New Gold Inc. (NGD) reported a 2% year-over-year increase in gold production in the fourth quarter of 2024 to 80,438 ounces. This was attributed to the solid performance at the New Afton mine, which offset lower production at the Rainy River mine due to operational challenges encountered in December. It was the highest production quarter in 2024. NGD's gold production reached 298,303 ounces in 2024, whereas its guidance was 300,000-310,000 ounces. Better-than-expected performance at New Afton was offset by ...

Economic strength, encouraging service activities, increased adoption and the success of the work-from-home trend enable Zacks Consulting Services industry players to support the demand environment. Driven by these positives, investors interested in the industry would do well to keep stocks like Booz Allen Hamilton Holding Corporation (BAH) , FTI Consulting, Inc. (FCN) and Charles River Associates (CRAI) in their portfolio. About the Consulting Services Industry Companies grouped under the Consulting Servic ...

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