Shivani Kumaresan

Bank of Hawaii Q3 Earnings: Beats Analyst Estimates, Total Deposits Increase by 1.4%

The third-quarter earnings report from Bank of Hawaii Corp (BOH) has exceeded analyst expectations. Revenues for Q3 FY23 reached $171.27 million, surpassing the consensus estimate of $160.74 million. Similarly, the company's EPS of $1.17 beat the forecasted $0.97. Total...

Why Bowlero’s Shares Are Soaring After Completing a Multi-Million Dollar Sale-Leaseback Deal

The stock price of Bowlero Corp (ticker symbol BOWL) is skyrocketing following the announcement of a $432.9 million sale-leaseback transaction with VICI Properties Inc (ticker symbol VICI) that has been successfully completed. This transaction involved the transfer of...

Why Analysts are Bullish on CHPT in the North American Public Charging Market

Despite recent agreements between vehicle OEMs and Tesla, Oppenheimer analyst Colin Rusch has reiterated an Outperform rating on ChargePoint Holdings Inc (CHPT) and lowered the price target from $14 to $13. Last week, CHPT announced a commitment by investors...

EVgo and eXtend Partners Secure $12.7 Million to Expand Fast Charging Infrastructure

EVgo Inc, a leading EV charging network provider, has recently received more than $12.7 million in funding from various sources in California, Colorado, and Pennsylvania. This substantial investment will be utilized to expand EVgo's fast charging infrastructure.The funding...

China's Geely Deepens Commitment To Southeast Asia With New Collaborative Agreements

China's largest privately held automotive group,Β Geely Holding Group,Β hasΒ enteredΒ into a Master Collaboration Agreement (MCA) withΒ DRB-HICOM BerhadΒ to develop Malaysia's Automotive Hi-Tech Valley (AHTV). The announcement follows an earlier commitment by the Malaysian Prime Minister, Anwar Ibrahim, who in July mentioned Geely's intent...

Multiple Airlines Temporarily Suspend Tel Aviv Flights Amid Escalating Tensions: Report

As a result of the recent Hamas attack on Israel, several global airlines have decided to suspend their flights to Tel Aviv due to security concerns. They will only resume services once the situation improves and it is...

JetBlue Airways Challenges Dutch Air Traffic Restrictions: Filing Grievance Against Netherlands and EU

JetBlue Airways Corporation (JBLU) has taken legal action against the Netherlands and the European Union by filing a formal grievance with the U.S. Department of Transportation. This move comes in response to the Dutch government's decision to limit...

Analysis: Lululemon’s Partnership with Peloton Shifts Focus from MIRROR Setback

The Strategic Partnership Between Lululemon and Peloton: An Analyst's Perspective Rick B. Patel, an analyst at Raymond James, considers Lululemon Athletica Inc's (LULU) partnership with Peloton Interactive Inc (PTON) to be a positive move for the company. Patel believes...

Holiday Hiring In A Pinch? Dick's Sporting Goods Aims To Hire Less Seasonal Help Than Last Year

Dick's Sporting Goods Inc (NYSE: DKS) plans to hire 8,600 seasonal employees across the country for the upcoming holiday season. This is a decrease from last year's target of 9,000...

Why ESS Tech Shares Are Charging Up Today

Honeywell International Inc Collaborates with ESS Tech, IncHoneywell International Inc (NASDAQ: HON) has announced a strategic collaboration with ESS Tech, Inc (NYSE: GWH) to drive the development and adoption of iron flow battery (IFB) energy storage systems. As...