Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
Analyzing Consolidated Edison’s Unusual Options Activity
Consolidated Edison (NYSE:ED) shares experienced unusual options activity on Tuesday. The stock price moved up to $74.55 following the option alert.
Morgan Stanley Maintains Underweight on Consolidated Edison, Lowers Price Target to $72
Morgan Stanley analyst David Arcaro maintains Consolidated Edison (NYSE:ED) with a Underweight and lowers the price target from $73 to $72.
Keybanc Downgrades Consolidated Edison to Underweight, Announces $66 Price Target
Keybanc analyst Sophie Karp downgrades Consolidated Edison (NYSE:ED) from Sector Weight to Underweight and announces $66 price target.
The Past Week’s Notable Insider Buys Include Krispy Kreme, Biotechs, SPACs And More
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
Initial and secondary public offerings enticed insiders to come out and buy shares this past week.
Besides IPOs, biotechs and special purpose acquisition companies are well represented on this week's list.
Mid-Day Market Update: Nasdaq Tumbles 200 Points; GBS Shares Spike Higher
Midway through trading Thursday, the Dow traded down 1.42% to 34,189.28 while the NASDAQ fell 1.43% to 14,455.66. The S&P also fell, dropping 1.42% to 4,296.30.
Mid-Morning Market Update: Markets Open Lower; US Initial Jobless Claims Increase To 373,000
Following the market opening Thursday, the Dow traded down 1.12% to 34,294.76 while the NASDAQ fell 1.35% to 14,467.79. The S&P also fell, dropping 1.24% to 4,303.53.
Starwood Energy Acquires Contracted Renewable Portfolio From Consolidated Edison; Terms Not Disclosed
Starwood Energy Group Global, LLC ("Starwood Energy"), a leading private investment firm focused on energy infrastructure, announced today that it has closed the acquisition of a 252MW portfolio of