Is Intuitive Surgical a Buy?
Intuitive Surgical is down more than 7% since the start of this year. Does this present a buying opportunity or is it the harbinger of more bad news?
After pausing half a billion dollars in arms deals with Saudi Arabia out of concern over casualties in Yemen, President Joe Biden's administration may shift U.S. policy not only to cancel past deals that pose human rights concerns, but limit future military sales to "defensive" weapons. Four sources familiar with the administration's thinking said officials are assessing the array of military equipment and training included in sales to the Saudis to determine what can be considered defensive. A State Department spokesperson said, "Our focus is on ending the conflict in Yemen even as we ensure Saudi Arabia has everything it needs to defend its territory and its people," adding Biden has pledged to end U.S. military support for the military campaign against the Houthis.
Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it will participate virtually in the Raymond James 42nd Annual Institutional Investors Conference on March 3, 2021.
Shares of Fluor (NYSE: FLR) tumbled more than 12% by 11:15 a.m. EST on Friday. Weighing on the engineering and construction services company was its disappointing fourth-quarter results and a weak outlook for 2021. Last year was another challenging one for Fluor due to the impact the COVID-19 outbreak had on the global economy.
On February 26, 2021, Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0572 per share to shareholders of record at the close of business on February 19, 2021.
Ron Morrison Promoted to Private Banking ManagerBIRMINGHAM, Ala., Feb. 26, 2021 (GLOBE NEWSWIRE) -- ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NASDAQ:SFBS), announces the promotion of Ron Morrison to Private Banking Manager. In this role, Morrison is responsible for providing the highest level of comprehensive, personalized banking services to clients and prospects that may represent significant and sensitive high net worth banking relationships. “We are pleased to name Ron Morrison as head of Private Banking,” said Tom Broughton, ServisFirst Bank Chairman, President and CEO. “Ron is an excellent banker and leader and will focus on providing the personalized, seamless experience with top-notch service we strive to give our clients.” Ron Morrison, Private Banking ManagerRon Morrison has been promoted to Private Banking Manager at ServisFirst Bank. With over two decades of banking experience, Morrison started his career in wealth management at AmSouth Bank in 2000 and has been with ServisFirst Bank since 2005. Before this promotion, Morrison served as Senior Vice President, Private Banking at ServisFirst Bank. Morrison received his Bachelor of Science in Commerce and Business Administration from The University of Alabama in 2000. He is involved throughout the community with several nonprofits and organizations. Morrison is a current advisory board member and past chairman of the board for Magic Moments. He was the new member committee co-chair in 2019 for the United Way Tocqueville Society and currently serves on the Birmingham board for the National Wild Turkey Federation. For more information regarding Ron Morrison as Private Banking Manager for ServisFirst Bank, please contact Krista Conlin, Krista@KCProjects.net. For more about ServisFirst Bank, please visit www.servisfirstbank.com. ABOUT SERVISFIRST BANK ServisFirst Bank is a full-service commercial bank focused on commercial banking, correspondent banking, cash management, private banking and the professional consumer market, emphasizing competitive products, state of the art technology and a focus on quality service. Recently, the Bank announced its assets exceed $11 billion. The Bank offers sophisticated cash management products, Internet banking, home mortgage lending, remote deposit express banking, and highly competitive rates. ServisFirst Bank was formed in May 2005, and has offices in Atlanta, Birmingham, Charleston, Dothan, Huntsville, Mobile, Montgomery, Nashville, Pensacola, Sarasota, and Tampa Bay. In April 2015, and annually thereafter, ServisFirst Bank has earned investment-grade ratings and a stable outlook from Kroll Bond Rating Agency (KBRA), which measures companies’ financial fundamentals. ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained at www.servisfirstbancshares.com. FOR INFORMATION CONTACTKrista Conlin, Krista@KCProjects.net
Proactis SA Announces Financial Information for the 6 months ended 31 January 2021 Paris – February 26th, 2021 – Proactis SA (Euronext: PROAC), a leading provider of business spend management and business process collaboration solutions, today announced financial information for the 6 months ending 31 January 2021, in accordance with the “European Transparency Obligations Directive” financial disclosure requirements. Financial data in € million 6 months ended 31 January 2020 6 months ended 31 January 2021 % Change 2021/ 2020(*) Consolidated Revenue 6.2 5.6 (27%)SaaS (**) 5.9 5.0 (31%)Services 0.3 0.6 38% (Non-Audited Figures) (*) Percentages calculated on exact numbers, not the rounded numbers shown (**) SaaS is a model of delivering technology where a software solution is hosted as a service for its customers. Customers do not buy the technology but pay a subscription fee to use it. Turnover of the Group is below the level of the prior period due principally to non-renewal of contracts in specific non-core product areas, and contract value decreases. Most of the customer churn were contracts which incorporated third party software. In the same way, the decrease in the value of contracts was mainly due to the cancellation of the element relating to third-party software. The increase in the Services component of revenues was due to the additional requirements of current customers. About Proactis SA (https://www.proactis.com/proactis-sa), a Proactis Company Proactis SA connects companies by providing business spend management and collaborative business process automation solutions for both goods and services, through The Business Network. Our solutions integrate with any ERP or procurement system, providing our customers with an easy to use solution which drives adoption, compliance and savings. Significant customers include BASF, Nationwide, Michelin and Henkel Proactis SA has major operations in Paris, Houston, Bonn and Manilla. Listed in Compartment C on the Euronext Paris Eurolist. ISIN: FR0004052561, Euronext: PROAC, Reuters: HBWO.LN, Bloomberg: HBW.FP Contacts Tel: +33 (0)1 53 25 55 00E-mail: investorContact@proactis.com Attachment Proactis SA Half Year revenue report Jan 21
(Bloomberg) -- GameStop Corp. shares are on track for their best week this month amid a flurry of day trader activity.The video-game retailer has jumped more than 150% so far this week, despite erasing gains of as much as 31% on Friday as amateur investors continued to promote the stock on social media platforms like Reddit and StockTwits. More than 39 million shares changed hands by noon, double what’s been seen in the past week, and adding to the 233 million that traded over the past two sessions.“It would be unwise to discount the power of the collective retail trade and this is an example of the resurgence of energy either on GME again or through another stock,” said Amy Kong, chief investment officer of Barrett Asset Management.The stock has been a poster child for volatility so far this year. Euphoria for the video-game retailer set off a 2,728% rally last month before shares came crashing down and wiped out about $30 billion in market value. The retail craze drew ire from Washington and led to a House Financial Services Committee hearing on retail trading and the video-game distributor last week.Options traders were betting that the stock could do much better Friday after more than doubling so far this week. The most-active option traded on the stock Thursday was a contract on GameStop spiking to $800 on Friday. Some 52,000 contracts changed hands during the session betting on this one-day gain of 636%. The stock erased gains to fall 2% to $106.57 as of 12 p.m. in New York.“From a top-down perspective, I would caution that these price spikes continue to signal frothiness in certain corners of the market and represent sharp deviations from company fundamentals,” Kong said.Analysts cited a tweet by activist investor and GameStop board member Ryan Cohen posted shortly before the stock began its resurgence on Wednesday, suggesting Reddit traders may view the photo of a McDonald’s Corp. ice cream as a cryptic message to resume buying. A report from Citron Research suggesting the company purchase Esports Entertainment Group Inc. to pivot away from its declining retail business provided a further catalyst.Even with the stock’s latest dip on Friday, shares remain about seven-times higher than the average analyst price target of about $13, according to data compiled by Bloomberg. None of the eight analysts who follow the stock rate it a buy -- it has four hold-equivalents and four sell recommendations.While the stock’s revival caught many on Wall Street flat-footed this week, the craze is “nothing like what we saw in late January,” according to Eric Liu, the co-founder of Vanda Research. “Part of that is due to a broadening of the opportunity set” with retail traders flowing into cannabis and crypto-exposed companies, he said in an email.(Updates share price moves throughout, adds detail and commentary starting in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Kyrie Irving further explained why he wants Kobe Bryant to be the NBA logo.
Mississauga, ON, Feb. 26, 2021 (GLOBE NEWSWIRE) -- EllisDon's Alliance of Black Employee Experience and Leadership (ABEEL) held the inaugural virtual ‘Shaping The Future Sponsorship Program’ event live on Thursday, February 25 to announce the winners behind the scholarship program. The program enables Canadian high school students to share their vision for a community that is more inclusive of the Black experience and without racism. Students were asked to apply by illustrating what a world without anti-Black racism looks like through any medium of their creative choosing including video, drawings, poems, essays, visual arts, and music. “EllisDon is so proud of all the student submissions and the hard work that went into them,” said Kieran Hawe, Chief Operating Officer and Executive Vice President, Construction Operations. “The future of EllisDon and our industry belongs to those who stand up for what they believe in and we can’t wait to welcome the next generation of leaders to the industry.” The Shaping the Future Sponsorship Program was rolled out in December 2020 in five different cities across Canada; Toronto, Calgary, Edmonton, Ottawa and lower mainland British Columbia, serving some of the most underrepresented and underserved communities. “When you engage youth into a conversation the one thing that you can be sure of is that they are going to tell you the truth. The students who participated in this project shared some of their innermost thoughts, emotions, experiences, and ideas around racism and inclusion,” said Jennifer Khan, Head of Inclusive Diversity at EllisDon. “As adults, we need to look at these submissions very carefully because these students have given us an unfiltered version of their present and what they hope for in the future — we must not squander that privilege.” The virtual event attendees included students, educators, and families from the school board communities and showcased the high school winners of the Sponsorship program. During the event, there were notable guest speakers such as Joan Manning, Mental Health Specialist, retired professional figure skater and TikTok phenomenon Elladj Baldé, and various senior leaders within EllisDon. "Here at Edmonton Public Schools we know that change doesn’t happen overnight, but every journey starts with one step. The EllisDon project is one great example of how our students can be leaders in their schools and take important steps forward in creating school communities free of discrimination and full of hope for every student,” said Karen Linden, M.Ed. Edmonton Public Schools. With an abundance of submissions from students across the country, the EllisDon ABEEL team narrowed down five finalists from each city. The winners from each city are Northview Heights Secondary school, from Toronto, Ontario, Ecole secondaire publique Louis Riel from Ottawa, Ontario, Queen Elizabeth High School from Edmonton, Alberta, James Fowler High School, from Calgary, Alberta and City Central Learning Centre from British Columbia. ABEEL Support "I see my young self in these students; I have experienced their struggles. I see my children in these students; I carry the burden of their struggles. But more importantly, I see our future in these students; let’s continue to empower and shape the future of their success,” said Siju Ewhubare, People and Culture Manager and ABEEL Community Outreach Core Leader. "When I was in high school I remember wishing I had a mentor in the construction industry to help guide me. Now I have the opportunity to be that Mentor for these students. I am saddened that these students are dealing with the same issues 10 years later but I am hopeful that together we can be the change,” said Denroy Jackson, Senior Project Coordinator and ABEEL Community Outreach Core Leader. To view all winning submissions, click here: https://www.ellisdon.com/news/ellisdons-abeel-announces-winners-for-national-shaping-the-future-sponsorship-program-2/ ABOUT ELLISDON EllisDon, an employee-owned, $5 billion-a-year construction services company that has grown exponentially beyond its modest origins in London, Ontario. With over 5,000 salaried and hourly employees across fifteen national and international offices, EllisDon has become a leader in every sector and nearly every facet of the construction industry. EllisDon has positioned itself as a ‘Cradle To Grave’ Services Provider with guaranteed performance outcomes through its Capital Services, Facilities Management, and Sustainable Buildings Divisions. EllisDon is determined to lead the coming disruption in the construction sector, having recently created pioneering initiatives in Energy Management, Smart Buildings Software and Data Analytics. For more information, please visit www.ellisdon.com. CONTACT: Amanda DiPasquale EllisDon 4169535400 adipasquale@ellisdon.com
The "Dairy Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The special upgrade to Sophia's in-flight meal was served with a round of applause from her fellow passengers to celebrate her eighth birthday.The flight attendants even went so far as to embellish the cake with sticks to replace candles, which are banned on flights.Sophia's parents thanked Spirit Airlines for the hospitality on social media saying the gesture had made it a ''wonderful day.''
Image source: The Motley Fool. Assured Guaranty Ltd (NYSE: AGO)Q4 2020 Earnings CallFeb 26, 2021, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to the Assured Guaranty Limited Fourth Quarter and Year End 2020 Earnings Conference Call.
TPIC earnings call for the period ending December 31, 2020.
SFM earnings call for the period ending December 31, 2020.
Aloha, and welcome to our call to discuss Alexander & Baldwin's Fourth Quarter and Full Year 2020 earnings. With me today for our presentation are A&B's President and Chief Executive Officer, Chris Benjamin; and Brett Brown, Chief Financial Officer.
DRNA earnings call for the period ending December 31, 2020.
BMRN earnings call for the period ending December 31, 2020.
MDRX earnings call for the period ending December 31, 2020.
Ladies and gentlemen, thank you for standing by, and welcome to the Alarm.com's Fourth Quarter 2020 Earnings Conference Call. Good afternoon, everyone, and welcome to Alarm.com's Fourth Quarter 2020 Earnings Conference Call. Joining us today from Alarm.com are Steve Trundle, President and CEO; and Steve Valenzuela, CFO.
NUVA earnings call for the period ending December 31, 2020.