Coverage Group – what reduced benchmark interest rate means for small-cap stocks. Last week traders got what they were hoping for – a cut in the Federal Reserve’s benchmark interest rate. Ahead of the announcement, the whispers were for a half… You need to be logged in to view the rest of the content. […]
Category: BXC
Weekly Comments – August 19, 2024 – Coverage Group
Coverage Group – Inflation tip. The last consumer expenditures price index in July 2024 sets traders, politicians and everyday citizens into a frenzy. The 2.9% measure was higher than expected and higher than the previous four months that had been… You need to be logged in to view the rest of the content. Please […]
Weekly Comments – August 5, 2024 – BXC, HAYN, HVT, JOUT, LEGH, LXFR, MTW, SMLR, WLKP
BXC – Updated outlook following quarter earnings report. Last week BlueLinx Holding announced delivery of $768 million in total revenue in the quarter ending June 2024, providing $14 million in net income or $1.65 per share. Comparisons with the year-ago… HAYN – Revised view following earnings report, management comments. Last week Haynes International reported modestly […]
Weekly Comments – July 29, 2024 – BXC, HVT, LXFR, MPX, PTSI, ULH
BXC – Preview of quarter earnings report. BlueLinx Holdings is scheduled to release financial results for the second quarter ending June 2024, on Tuesday this week after the market close. A conference call to go over the details with analysts and… HVT – View in advance of financial release. This week Wednesday after the market […]
Weekly Comments – Coverage Group – July 15, 2024
Coverage Group – Signals in wake of quarter reports. The big banks kicked off earnings season last week with financial releases for the quarter ending June 2024. Results were mixed, but generally the big banks eeked out gains in year-over-year… You need to be logged in to view the rest of the content. Please […]