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The phrase “too big to fail” could be aptly applied to the brick-and-mortar retail climate of today.
As various merchants wade through supply chain snags, climbing costs, and a resurgence of Covid-19, Walmart on Tuesday reported another quarter of rising U.S. sales, surpassing Wall Street expectations.
It is officially back-to-school season, and groceries are pretty much always in season. It’s those two categories in particular that lifted Walmart’s sales for the quarter wrapping up at the end of July:
The chain’s food sales grew $2.4 billion versus a year ago, as Walmart’s low prices and reliable inventory of meats and produce drew shoppers in.And comparable sales (those from U.S. stores and digital channels operating for at least a year), rose 5.2% in the quarter compared with the same period last year.
The solid figures put Walmart’s revenue $4 billion above analyst expectations, with CFO Brett Biggs reporting that the Delta variant hasn’t had “any meaningful impact” on the national business, as customers continue to pack stores this summer after “coming out of hibernation.”
Hot Low Price Stocks To Own For 2023: iShares Morningstar Large-Cap Growth (JKE)
iShares Morningstar Large-Cap Growth ETF, formerly iShares Morningstar Large Growth Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Morningstar Large Growth Index (the Growth Index). The Growth Index measures the performance of stocks issued by large-capitalization companies that have exhibited above-average growth characteristics as determined by Morningstar’s index methodology. The Fund invests in a representative sample of securities included in the Growth Index that collectively has an investment profile similar to the Growth Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Growth Index. The Fund’s investment advisor is BlackRock Fund Advisors, an indirect subsidiary of BlackRock, Inc.
- [By Ethan Ryder]
iShares Morningstar Large-Cap Growth ETF (NYSEARCA:JKE) declared a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Investors of record on Thursday, September 27th will be paid a dividend of 0.2522 per share on Tuesday, October 2nd. This represents a $1.01 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date is Wednesday, September 26th.
- [By Joseph Griffin]
iShares Morningstar Large Growth (NYSEARCA:JKE) declared a quarterly dividend on Tuesday, June 26th, Wall Street Journal reports. Investors of record on Wednesday, June 27th will be paid a dividend of 0.3796 per share on Monday, July 2nd. This represents a $1.52 annualized dividend and a yield of 0.87%. The ex-dividend date is Tuesday, June 26th. This is a boost from iShares Morningstar Large Growth’s previous quarterly dividend of $0.34.
Hot Low Price Stocks To Own For 2023: Exelixis, Inc.(EXEL)
Exelixis, Inc. (“Exelixis,” “we,” “our” or “us”) is a biopharmaceutical company that discovers, develops and commercializes small molecule therapies for the treatment of cancer. Our business focuses predominantly on the development and commercialization of cabozantinib, an internally-discovered inhibitor of multiple receptor tyrosine kinases, in various tumor indications. Cabozantinib is currently approved in the United States and European Union for the treatment of progressive, metastatic medullary thyroid cancer, or MTC, and is marketed under the brand name COMETRIQ®. In the past year, we obtained positive clinical results from our phase 3 pivotal trial METEOR (Metastatic RCC Phase 3 Study Evaluating Cabozantinib vs. Everolimus), suggesting that cabozantinib also has the potential to make a meaningful difference in the lives of patients suffering from advanced renal cell carcinoma, or RCC, a serious form of cancer with a significantly larger patient population than MTC. Advisors’ Opinion:
- [By Josh Enomoto]
Still, for the astute contrarian, Takeda might deliver the goods. Currently, the company features a forward price-earnings (P/E) ratio of 10.5 times, rated lower than nearly 73% of its competitors. That seems a bit low, considering Takeda’s decent growth rate (based on free cash flow) and solid profitability metrics. TAK may be a thinking person’s idea for undervalued biotech stocks to buy.
Exelixis (EXEL) Source: Shutterstock.com
Based in Alameda, California, Exelixis (NASDAQ:EXEL) is a genomics-based drug discovery firm specializing in oncology therapeutics. It garnered fame for Cometriq, which received approval by the U.S. Food and Drug Administration (FDA) for the treatment of progressive, metastatic medullary thyroid cancer (MTC). Nevertheless, circumstances don’t bode well for Exelixis this year. Since the January opener, EXEL has shed nearly 10% of its market value.
- [By Joseph Griffin]
ILLEGAL ACTIVITY NOTICE: “Insider Selling: Exelixis, Inc. (EXEL) Director Sells 5,000 Shares of Stock” was reported by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at www.tickerreport.com/banking-finance/4224649/insider-selling-exelixis-inc-exel-director-sells-5000-shares-of-stock.html.
- [By Logan Wallace]
Exelixis, Inc. (NASDAQ:EXEL) CEO Michael Morrissey sold 40,000 shares of Exelixis stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $24.64, for a total value of $985,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
- [By ]
3 Biotech Standouts
Founded in 1994 and a member of the S&P 400 Mid-Cap Index since last summer, Exelixis (Nasdaq: EXEL) has already brought three cancer therapies (Cabometyx and Cometriq for thyroid and kidney cancer, and Cotellic, approved for treating melanoma in combination with older drug vemurafenib) to the market.
Hot Low Price Stocks To Own For 2023: 12 RETECH CORPORATION(RETC)
12 ReTech Corporation, together with its subsidiaries, develops, installs, and sells software for shoppers and retailers in the United States. Its platform includes 12Mirror, an in-store application, which recognizes clothes worn by a person in reflection and takes pictures that are downloadable by the user and sharable via social media; 12Kiosk, an in-store application, used for browsing and obtaining information about consumers and products, as well as placing orders and checking out; 12Mobile, a mobile app, used for browse products, place orders, and share products with other members and make new friends; and 12Desktop, an e-commerce website that can be developed upon request. The company also operates retail stores in airport terminals and casinos under the Bluwire brand; sells fashionable apparel under the Rune NYC, Social Sunday, and Red Wire Design brands; and produces women's clothing products. 12 ReTech Corporation is based in Phoenix, Arizona.
- [By ]
12 ReTech (OTCMKTS:RETC) and RumbleON (NASDAQ:RMBL) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability and institutional ownership.
Hot Low Price Stocks To Own For 2023: Central Federal Corporation(CFBK)
Central Federal Corporation operates as the holding company for CFBank that provides various financial services. It accepts various deposit products that include savings accounts, retail and business checking accounts, money market accounts, and certificates of deposit. The company?s loan portfolio comprises commercial, commercial real estate, and multi-family mortgage loans; single-family real estate loans; construction, land, and land development loans; and consumer loans, including home equity lines of credit, automobile loans, home improvement loans, and loans secured by deposits. It also provides online Internet banking, mobile banking, remote deposit, corporate cash management, and telephone banking services. Central Federal Corporation operates through four branch offices located in Summit, Columbiana, and Franklin Counties, Ohio. The company was formerly known as Grand Central Financial Corp. The company was founded in 1892 and is headquartered in Fairlawn, Ohio.< /p>
- [By Ethan Ryder]
TRADEMARK VIOLATION WARNING: “Central Federal Co. (CFBK) Director David L. Royer Acquires 5,000 Shares” was reported by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at www.tickerreport.com/banking-finance/4216324/central-federal-co-cfbk-director-david-l-royer-acquires-5000-shares.html.
Hot Low Price Stocks To Own For 2023: Actinium Pharmaceuticals, Inc.(ATNM)
Actinium Pharmaceutical, Inc., a biopharmaceutical company, engages in developing treatments for cancer. The company develops therapies for life threatening diseases using its alpha particle immunotherapy platform and other related and similar technologies. Its product candidates include Actimab-A, an antibody-drug construct comprising monoclonal antibody Lintuzumab and alpha emitting radioisotope actinium 225 that is in multicenter Phase I/II clinical trials for the treatment of acute myeloid leukemia (AML). The company also offers Iomab-B, an antibody-drug construct comprising the BC8 monoclonal antibody and beta emitting radioisotope iodine 131, which is in preparation for a pivotal Phase III multicenter clinical trial for use in bone marrow conditioning for hematopoietic stem cells transplantation in relapsed and refractory AML patients. Actinium Pharmaceutical, Inc. was founded in 2000 and is headquartered in New York, New York.