Raven Industries(NASDAQ:RAVN)announced fiscal first-quarter 2018 results on Monday after the market closed, including strong growth across all segments, led by a nearly 50% increase from engineered films. Let’s take a closer look both at what drove business at the mini-industrial conglomerate as it kicked off the new fiscal year, and at what investors can expect going forward.
Two metal companies say they will create 800 jobs because of President Trump’s looming tariffs on steel and aluminum.
But economists say the trade action will cost the economy thousands of jobs. Some of that analysis comes from the aluminum industry itself.
U.S. Steel announced on Wednesday that it will hire back 500 workers to restart operations at a previously shuttered....More>>>
Traders sold shares of Capital One (NYSE:COF) on strength during trading on Tuesday after an insider sold shares in the company. $19.46 million flowed into the stock on the tick-up and $57.59 million flowed out of the stock on the tick-down, for a money net flow of $38.13 million out of the stock. Of all companies tracked, Capital One had the 33rd highest net out-flow for the day. Capital One traded....More>>>
The Internet of Things (or IoT) links formerly isolated objects — think thermostats, cars, refrigerators, etc. — to the Internet. All that connectivity allows devices to communicate with each other, provides us with vast amounts of previously inaccessible data, and does handy things like, for example, warn businesses when equipment is about to break down.
The IoT has been around....More>>>
Edelweiss’ research report on Tata Power
We attended the analyst meet organised by Tata Power (TPCL), which was addressed by Mr. Praveer Sinha, the new MD & CEO, and Mr. Ramesh, CFO. We reiterate our positive stance on the company as management has now renewed focus on pruning losses while gearing up for growth in new business segments. Three key takeaways are: 1) deleveraging....More>>>