Chinese electric vehicle startup XPeng, Inc. (NASDAQ: XPEV) reported first-quarter results that showed resilience in the wake of the pandemic. The loss posted by the company came in line with analyst expectations and revenue exceeded estimates.
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“Our slowing revenue growth means we are also having to slow our cost growth as a company,” the company said in a statement.
“We’re innovating the types of services we layer together, and we’re integrating wellness, preventative care and primary care in the same clinic,” shared Bloom Health Partners CEO Andrew Morton.
The stock market added to yesterday’s gains as bullish earnings reports lifted stocks, led by the technology sector.
Schroder Investment Management Group lifted its stake in shares of Thor Industries, Inc. (NYSE:THO) by 28.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 22,158 shares of the construction company’s stock after acquiring an additional 4,899 shares during the period. Schroder Investment Management Group’s holdings in Thor […]
A cannabis producer is facing a few fires, with its shares taking a hit on the NASDAQ as an investor dispute goes public.
Trexquant Investment LP bought a new stake in shares of Synovus Financial Corp. (NYSE:SNV) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,270 shares of the bank’s stock, valued at approximately $846,000. Several other institutional investors have also made […]
Zacks Investment Research upgraded shares of NovaGold Resources (NYSEAMERICAN:NG) (TSE:NG) from a hold rating to a buy rating in a research report released on Thursday morning, Zacks.com reports. The firm currently has $7.50 price objective on the mining company’s stock. According to Zacks, “NovaGold Resources is a gold and copper company engaged in the exploration […]
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp decreased its holdings in shares of Voya Financial, Inc. (NYSE:VOYA) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,288 shares of the asset manager’s stock after selling 674 shares during the quarter. […]
First Financial Bancorp. (NASDAQ:FFBC) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday, Zacks.com reports. The brokerage presently has a $29.00 price objective on the bank’s stock. Zacks Investment Research‘s price target would suggest a potential upside of 15.26% from the company’s previous […]