“We are pleased to report revenue of $205.5 million in the first quarter of 2020, along with an all-time record for gross margin, despite COVID-19. Our first quarter revenue increased 105% year-over-year. We shipped approximately 643 megawatts DC, or 2,012,476 microinverters, as our worldwide teams did an excellent job of ensuring product availability and on-time customer deliveries,” reported […]
SEO
Stanley Black & Decker (SWK) Earnings Report: 6% Decline in Year-Over-Year Revenue
When Stanley Black & Decker (SWK) reported earnings last week, CEO Jame M. Loree chose an unusual way to begin his earnings call remarks. Mr. Loree read a quote from the company’s recent shareholder letter, about a military college’s description of the atmosphere at the beginning of the post-Cold War era. As Mr. Loree said, […]
Fate Therapeutics (FATE) Announces Progress on Cancer Immunotherapy
Fate Therapeutics (FATE) is still seeing a good deal of momentum. Over the last few days, FATE announced the presentation of a new off-the-shelf, iPSC-derived, chimeric antigen receptor (CAR)-targeted cell-based cancer immunotherapy program at the American Society of Gene & Cell Therapy (ASGCT) 23rd Annual Meeting. The new preclinical program targets MHC class I related […]
Zynga Inc. (ZNGA) Signs First Deal With Amazon (AMZN) On Words With Friends 2
Zynga (ZNGA) just teamed up with Amazon.com to offer promotional content to prime subscribers. In fact, ZNGA just debuted its Words With Friends 2 content for Amazon Prime subscribers earlier this week. “This is our first deal working with Amazon (AMZN), and it’s similar to a lot of Twitch Prime deals in the market already,” […]
Humana (HUM) Nearing 52 Week Highs
As communities and individuals are forced to social distance, raising anxiety, and removing many of the social outlets that are key to physical and mental health, Humana (HUM) is raising awareness of the social determinants of health. The company believes social determinants, along with health or clinical factors, should play an increasingly important role in […]
Electric Car Maker Nio Inc. (NIO) Sees 117% Month Over Month Growth
Shares of electric vehicle maker, Nio (NIO) have been under pressure. All on news China will cut subsidies on new energy vehicles, such as electric cars, by 10% this year. Under China’s new plan, it will also extend subsidies for buying NEVs to 2022, and tax exemptions on purchases for two years. NIO has also […]
Analysts Predict Zynga Inc. (ZNGA) Will Continue to Benefit from COVID-19 Outbreak
Video games are still thriving in the spotlight. One of the top ones has been Zynga (ZNGA), which ran from a low of $5.80 to $7.80. All on the heels of the coronavirus and a World Health Organization note to play more video games. “We’re at a crucial moment in defining outcomes of this pandemic. […]
Republic Services Group (RSG) to Provide Meals and Gift Cards to Frontline Employees
Republic Services Group (RSG) is navigating the current environment, by giving with one hand, and taking with the other. The company recently announced it is funding a “Committed to Serve” initiative, to support both employees and the local communities Republic serves. RSG’s CEO, Donald W. Slager said, “We’re launching our $20 million ‘Committed to Serve’ […]
Celanese Corporation (CE) Receives ENERGY STAR Partner of the Year
For a fifth year in a row Celanese Corporation (CE) has received an ENERGY STAR Partner of the Year Sustained Excellence Award. The Energy Star awards are given by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE). Attending a ceremony where CE was presented with the award, Joe Mortimer, Celanese […]
Fate Therapeutics (FATE) Secures $3 Billion in Deal With Johnson & Johnson (JNJ) Subsidiary
Just last week, the FATE finished up more than 8% at $22.94 after securing a $3 billion deal with Janssen Biotech, Inc, one of the Janssen Pharmaceutical Companies of Johnson & Johnson to develop four cancer treatments. These treatments belong to a class known as immuno-oncology drugs, which help teach the immune system how to […]