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Cardinal Health Stock May Gain With New Texas Distribution Center
ZACKS· 2025-01-16 23:51
Cardinal Health (CAH) recently announced the ongoing construction of a new distribution center in Fort Worth, TX, to support its at-Home Solutions business.Similar to the distribution centers recently launched in South Carolina and Ohio, this new facility incorporates advanced robotics and automation technology. These innovations enhance efficiency by supporting employees in tasks such as picking, packing, and shipping while also improving speed and workplace safety.Likely Trend of CAH Stock Following the N ...
ThredUp Posts Strong Q4 Preliminary Results: What's More to Know?
ZACKS· 2025-01-16 23:51
ThredUp Inc. (TDUP) , one of the largest online resale platforms for apparel, shoes and accessories, delivered preliminary fourth-quarter 2024 results that exceeded all previously issued guidance. The company returned to solid growth in its core business.Last year in November, ThredUp divested its European business, Remix Global EAD (“Remix”), to streamline the company’s operations and concentrate exclusively on the U.S. market. As a result, the company’s fourth-quarter performance now emphasizes U.S. busin ...
Synchrony Collaborates With Pet Paradise, Expands CareCredit Offering
ZACKS· 2025-01-16 23:51
Synchrony Financial (SYF) recently announced its partnership with Pet Paradise, a pet care provider, to expand access to a plethora of care for pets. Through this partnership, SYF’s CareCredit health and wellness credit card can be used to pay for services like day camp packages, dog training, and extended boarding stays at 60 Pet Paradise locations by 2025-end.With this partnership, SYF is solidifying its position as the preferred financing solution for pet parents by expanding its reach with Pet Paradise. ...
SJM's Iconic Brands, Core Priorities Aid Amid Market Challenges
ZACKS· 2025-01-16 23:51
The J. M. Smucker Company (SJM) , a trusted name in the consumer staples space, has built a legacy of delivering quality and innovation courtesy of iconic brands like Jif, Folgers, and Uncrustables. The company continues to evolve, leveraging strategic acquisitions, bold innovation, and a focus on its core growth areas to navigate a dynamic and uncertain market landscape.Smucker’s Strategic StrengthsThe J. M. Smucker’s second-quarter fiscal 2025 performance demonstrated the strength of its growth strategies ...
Bank of America's Q4 Earnings Beat on Robust IB & Trading, Higher NII
ZACKS· 2025-01-16 23:51
Bank of America’s (BAC) fourth-quarter 2024 earnings of 82 cents per share surpassed the Zacks Consensus Estimate of 77 cents. The bottom line compared favorably with adjusted earnings of 70 cents in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Behind BAC’s Headline NumbersTotal investment banking (IB) fees (in the Global Banking division) of $985 million surged 43% year over year, driven by growth in underwriting income and advisory services revenues. Simi ...
Fastenal Gears Up to Report Q4 Earnings: Things to Keep in Mind
ZACKS· 2025-01-16 23:51
Fastenal Company (FAST) is scheduled to report fourth-quarter 2024 results on Jan. 17, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, Fastenal reported mixed results, with earnings meeting the Zacks Consensus Estimate and net sales missing the same by 0.3%. On a year-over-year basis, the top line rose 3.5% while the bottom line remained flat.Fastenal’s earnings topped the consensus mark in one of the last four quarters, met on t ...
Why First Horizon National (FHN) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-01-16 23:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...
Symbotic Stock Pops on New Robotics Partnership With Walmart
Investopedia· 2025-01-16 23:50
Key TakeawaysSymbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership.Symbotic will buy Walmart's Advanced Systems and Robotics business for $200 million.Meanwhile, Walmart will pay $520 million to fund the development of a new automation system to potentially use in hundreds of its stores. Shares of robotics company Symbotic (SYM) jumped about 20% Thursday morning after the company announced an expanded partnership with Walmart ...
Focus On Costs, Regulatory Outlook For Health Insurers In Q4'24 Earnings Season
Seeking Alpha· 2025-01-16 23:50
tongwongboot/iStock via Getty Images Most publicly traded US health insurers are forecast to report sequential revenue and earnings declines for the fourth quarter of 2024, according to an S&P Global Market Intelligence analysis of sell-side analyst forecasts. Of the nine ...
NXT INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Nextracker Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Investor Class Action Lawsuit
GlobeNewswire· 2025-01-16 23:50
SAN DIEGO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Nextracker Inc. (NASDAQ: NXT) common stock between February 1, 2024 and August 1, 2024, inclusive (the “Class Period”), have until Tuesday, February 25, 2025 to seek appointment as lead plaintiff of the Nextracker class action lawsuit. Captioned Weber v. Nextracker Inc., No. 24-cv-09467 (N.D. Cal.), the Nextracker class action lawsuit charges Nextracker and certain of Nextracker’s top e ...