Market Watch

By most measures, fashion-sharing platform Rent the Runway ( NASDAQ:RENT ) represents a risky endeavor. Nevertheless, because of the radical changes in the workplace, the company could continue rising on greater demand for a broader wardrobe upgrade. Moving forward, both the return to the office and desperate job hunting may cynically lift the sharing e-commerce service. Therefore, I am cautiously bullish on RENT stock. As an op-ed from The Washington Post declared in December 2020, Americans incurred their pajama moment. Quarantined from the office and each other, mainly white-collar workers adjusted to the new reality of COVID-19. Gone were the stuffy suits, ties, and blouses. In were casual, comfy athletic wear. If anything, a requested conference call would only require presentability from the waist up. Perhaps not surprisingly, then, when RENT stock made its public market debut in October 2021, it quickly plummeted. While the so-called sharing economy presents relevance for Rent the Runway, consumers lacked incentivization. Why bother dressing up – and paying for such – when you’ll be stuck at home anyways? However, with COVID-19 fears fading away, employers began questioning the necessity for remote operations. Further, enterprises like Disney ( NYSE:DIS ) squashed their work-from-home privileges […]

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Retail Opportunity Investments Retail Opportunity Investments ( NASDAQ:ROIC – Get Rating ) will announce its earnings results after the market closes on Wednesday, February 15th. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link . Retail Opportunity Investments Stock Performance → Know Your Profit Potential BEFORE You Trade! (From Tradewins) Shares of NASDAQ ROIC opened at $15.58 on Wednesday. The firm’s 50-day moving average price is $15.31 and its two-hundred day moving average price is $15.51. The stock has a market capitalization of $1.94 billion, a P/E ratio of 38.95, a P/E/G ratio of 2.32 and a beta of 1.36. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.98. Retail Opportunity Investments has a 52-week low of $13.35 and a 52-week high of $20.00. Insiders Place Their Bets In other Retail Opportunity Investments news, Director Laura H. Pomerantz sold 6,425 shares of Retail Opportunity Investments stock in a transaction that occurred on Monday, December 12th. The shares were sold at an average price of $15.55, for a total transaction […]

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Annabelle Wilson, 2022 Sustainability Research Fellow. Photo provided by OUR. LEXINGTON, Ky. (Feb. 8, 2023) — Conducting research during the summer can be a transformative experience for undergraduate students. Paid summer research fellowships provide students the opportunity to conduct intensive research and scholarship with leading scientists, clinicians and scholars. The University of Kentucky Office of Undergraduate Research (OUR) is now accepting proposals for two summer research fellowship programs: the Commonwealth Undergraduate Research Experience (CURE) Fellowship and the Sustainability Summer Research Fellowship. The OUR will award a total of 19 fellowships with each student receiving a $5,000 stipend to support their research endeavors during the Summer 2023 term. The CURE fellowship, sponsored by the OUR and the Office of the Vice President for Research, provides a path for UK to advocate for and ensure the inclusion of a diverse student population pursuing mentored research in designated UK Research Priority Areas (RPAs). Students will develop new knowledge and skills through research within the five participating RPAs: cancer, cardiovascular diseases, diversity and inclusion, energy, and substance use disorder. “My CURE experience contributed to my undergraduate education by giving me the opportunity to aid in the process of running an experiment from beginning […]

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SAN DIEGO, Feb. 8, 2023 /PRNewswire/ — Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of PLDT Inc. (NYSE: PHI ) publicly traded securities between January 1, 2019, and December 19, 2022, inclusive (the "Class Period") have until April 7, 2023 to seek appointment as lead plaintiff in the PLDT class action lawsuit. Captioned Olsson v. PLDT Inc. , No. 23-cv-00885 (C.D. Cal.), the PLDT class action lawsuit charges PLDT and certain of PLDT’s top executives and directors with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the PLDT class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-pldt-inc-class-action-lawsuit-phi.html You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com . CASE ALLEGATIONS : PLDT purports to be the Philippines’ largest fully integrated telco company. Through its principal business groups, PLDT offers a wide range of telecommunications and digital services across the Philippines’ most extensive fiber optic backbone and fixed line cellular networks. The PLDT class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) PLDT […]

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New Delhi: Prime Minister Narendra Modi , speaking in Lok Sabha a day after Congress’s Rahul Gandhi’s attack on his government, lashed out at the 10 years of UPA rule, saying it had "bled the country dry". Replying to the motion of thanks to the President’s address in parliament, he said, "2004 to 2014 was the decade of scams and violence and the UPA’s trademark was to turn every opportunity into crisis". And while the Congress might feel the way to go is to "abuse Modi", the 140 crore people of the country were his "shield". The Prime Minister accused the opposition of being so "immersed in despair" that they can’t see the progress the country is making. "And why wouldn’t it be so? Because in the decade between 2004 and 2014…" he said, launching into one of his sharpest attacks on the Congress. "Before 2014, between 2004-14, inflation was high. That decade was the most corrupt since Independence. In UPA’s 10-year rule, from Kashmir to Kanyakumari, the entire country was gripped with terrorism. From Jammu and Kashmir to the northeast, the entire region saw nothing but violence. In those 10 years, India was so weak at the global […]

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Want to support Coronado’s public schools while also getting the chance to win a brand new 2023 golf cart? Then we’ve got just the ticket for you! Coronado Schools Foundation (CSF) is thrilled to announce the return of their popular Opportunity Drawing Raffle, where one lucky winner will take home a 2023 Forester 4 LSV Lifted Golf Cart, valued at $13,750! The winner will be announced live on air at CSF’s 36 th Annual “Top Buzz” Telethon on Thursday, March 16! “We look forward to this every year! It’s such a fun way to see the community support our schools,” said Michelle Gilmore, President & CEO of CSF. “We are so grateful to both Mullins Orthodontics and San Diego Golf Carts for their continued generosity to make this possible. We can’t wait to see who will be cruising Coronado in this gorgeous golf cart!” The golf cart up for grabs, generously provided by San Diego Golf Carts and underwritten by longtime CSF supporter Dr. Joe Mullins of Mullins Orthodontics , is a street legal 4-passenger model with LED running, brake and turn signal lights, a 48 Volt 6.3KW motor with a 4-hour charge time, 9” touchscreen, Bluetooth, backup camera, […]

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PIMCO Corporate&Income Opportunity Fund ( PTY ) is near the top in its industry group according to InvestorsObserver . PTY gets an overall rating of 46. That means it scores higher than 46 percent of stocks. PIMCO Corporate&Income Opportunity Fund gets a 85 rank in the Asset Management industry. Asset Management is number 142 out of 148 industries. PTY has an Overall Score of 46. Find out what this means to you and get the rest of the rankings on PTY! What do These Ratings Mean? Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 46 would rank higher than 46 percent of all stocks. These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order […]

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(Pexels.com) LANSING, Mich. (WILX) – Two marijuana operations licenses are available in the City of Lansing for qualified applicants. City Clerk Chris Swope reports licenses for a single, new adult use retail facility and one adult use consumption facility are available for application until March 1, 2023. Previous conditional approvals were revoked or the applicant withdrew their application, according to the clerk’s office. Potential applicants should review the updated application checklist, general instructions, and scoring criteria, which are available at www.lansingmi.gov/marijuana , before applying. Applications are reviewed and scored as set by city ordinance with the highest-scored receiving conditional approval from the city. The adult use retail facility must meet the location, zoning, and buffering parameters. The adult use consumption facility must be located within the city’s First Ward, and must meet location, zoning, and buffering requirements. Applications are also being accepted for non-capped license types during this window. (Processor, safety compliance, and secure transport licenses, along with additional grow licenses at existing locations.) The city’s ordinance allows for only 28 retail facilities. Currently, 22 retail facilities are fully licensed in the City of Lansing. Most of these 22 locations are licensed for both adult use and medical sales […]

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Trivago Sees Big Opportunity in Direct Hotel Booking Excerpt from PhocusWire Trivago is now testing hotel direct bookings in eight markets as part of its growth strategy originally announced last year. The company says it believes direct access to hotels combined with its existing comparison of rates from online travel agencies is its “biggest opportunity.” In a letter to shareholders alongside its fourth quarter and full year 2022 earnings, Trivago says: “We believe this will benefit travelers by providing them with better rates, more personalized offers and direct communication with the service provider, while hotels will appreciate owning the customer relationship, tailoring their offerings and increasing the revenue they can generate per customer. We are convinced that we are well positioned to pursue this opportunity and are excited about the value we can bring to users and hotels going forward.” Trivago adds that directly bookable rates are available for properties that “attract 50% of click-outs, an increase from 38% prior to the test. We expect to reach 80% by year-end. With the increase in coverage, our front-end teams have the opportunity to launch new features that leverage the direct access to the hotel and better rates, and we expect […]

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Madmaxer/iStock via Getty Images Investment Thesis "Green" energy is a prevalent theme among everyday investors fueled by a ‘common-sense’ thought process. ‘Save the world from climate change. Solve the energy crisis. Do it or you’ll miss out on the fruits of energy revolution.’ Saving the world from crisis while making money sounds exciting on paper. And yet, as Benjamin Felix , Portfolio Manager and Head of Research at PWL Capital would say , If you’re excited about an investment, it’s probably not a good investment. I believe the iShares Global Clean Energy ETF (NASDAQ: ICLN ) is unlikely to benefit fund investors significantly. According to my analysis, while promising momentum characteristics may exist, the fund poses serious risks. Whether it’s the lackluster portfolio formation, political risks, historically sharp fluctuations in performance… ICLN offers long-term investors a horrible past and lackluster prospects going forward. As a result, recent performance may lack sustainability, lowering the fund’s rating to a Sell. ICLN Strategy & Portfolio iShares Global Clean Energy captures solar, wind, hydrogen, geothermal, and biofuel alternative energy companies. It holds 97 firms with a dividend yield of 0.87%, and an expense ratio of 0.40%. This passive indexed, $5.14 billion AUM Blackrock-sponsored […]

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