Last week Renewable Energy & Power, Inc. (OTC PINK : RBNW ), a diversified corporation with markets in energy-saving technologies of LED lighting, solar and wind energy, announced a large San Francisco Bay Area electronic assembly corporation has approved the installation of 1,275 LED lights for their entire main campus.
This is the third such announcement in as many months by the Las Vegas based company. It got me thinking about what the company does and how LED lighting can impact a business’ bottom line as much as it contributes to reducing emissions and the effects of global warming. But what about LED lights in RBNW’s backyard? How much of the Vegas Strip is LED? Well, it turns out, quite a bit.
Over a year ago three of Nevada’s largest casino companies – MGM Resorts, Wynn, and Las Vegas Sands – announced plans to source renewable energy for their hotels, a move driven both by increasing demand for responsible energy use from the companies that rent their conference halls, and a surplus of cheap power from solar farms in Nevada and California. MGM Resorts had already implemented an ambitious energy conservation effort by replacing 1.3 million light bulbs in its properties with LEDs.
Best Casino Stocks For 2019: Real Goods Solar, Inc.(RGSE)
- [By Stephan Byrd]
Shares of Real Goods Solar, Inc. (NASDAQ:RGSE) traded down 11.6% on Monday . The stock traded as low as $0.37 and last traded at $0.38. 3,349,076 shares changed hands during mid-day trading, an increase of 111% from the average session volume of 1,589,596 shares. The stock had previously closed at $0.43.
- [By Paul Ausick]
Real Goods Solar Inc. (NASDAQ: RGSE) traded down 7.5% Monday to set a new 52-week low of $0.37 after closing Friday at $0.40. The stock’s 52-week high is $3.25. Volume was more than 13 times the daily average of about 678,000 shares. The company had no specific news, but a report on solar energy prospects for 2018 may have weighed on the stock.
Best Casino Stocks For 2019: Boot Barn Holdings, Inc.(BOOT)
- [By Lisa Levin]
Boot Barn Holdings, Inc. (NYSE: BOOT) is expected to post quarterly earnings at $0.16 per share on revenue of $163.65 million.
Acxiom Corporation (NASDAQ: ACXM) is projected to post quarterly earnings at $0.21 per share on revenue of $239.88 million.
- [By Steve Symington]
Shares of Boot Barn Holdings, Inc. (NYSE:BOOT) soared 17.3% as of 12:40 p.m. EDT Wednesday after the Western wear and work apparel specialist announced strong fiscal fourth-quarter 2018 results.
- [By Max Byerly]
Frontier Capital Management Co. LLC lowered its position in shares of Boot Barn Holdings Inc (NYSE:BOOT) by 6.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,497,355 shares of the company’s stock after selling 158,610 shares during the period. Frontier Capital Management Co. LLC owned approximately 0.09% of Boot Barn worth $51,820,000 as of its most recent SEC filing.
- [By Lisa Levin]
Deere & Company (NYSE: DE) reported weaker-than-expected results for its second quarter.
Applied Materials, Inc. (NASDAQ: AMAT) reported stronger-than-expected results for its second quarter, but issued weak sales outlook for the third quarter.
Nordstrom, Inc. (NYSE: JWN) reported upbeat results for its first quarter. Comparable-store sales rose 0.6 percent.
Boot Barn Holdings Inc (NYSE: BOOT) disclosed a 7.2 million common stock offering.
- [By Joseph Griffin]
Henry Boot plc (LON:BOOT) insider Gerald Jennings purchased 3,400 shares of the firm’s stock in a transaction that occurred on Monday, May 21st. The stock was acquired at an average price of GBX 304 ($4.08) per share, for a total transaction of £10,336 ($13,868.24).
- [By Lisa Levin] Gainers
Boot Barn Holdings, Inc. (NYSE: BOOT) rose 15.6 percent to $25.40 in pre-market trading after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance.
Abaxis, Inc. (NASDAQ: ABAX) rose 15.3 percent to $82.75 in pre-market trading. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash.
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) rose 12.6 percent to $8.95 in pre-market trading after reporting Q1 results.
Micro Focus International plc (NYSE: MFGP) shares rose 8.8 percent to $18.59 in the pre-market trading session after the company issued strong revenue forecast for the first fiscal half of 2018.
HC2 Holdings, Inc. (NASDAQ: HCHC) rose 5.6 percent to $6.60 in pre-market trading.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) shares rose 5.3 percent to $2.79 in pre-market trading. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share.
Imprimis Pharmaceuticals Inc (NASDAQ: IMMY) rose 5.2 percent to $2.52 in pre-market trading after reporting a first-quarter sales beat.
Red Violet, Inc. (NASDAQ: RDVT) rose 4.1 percent to $10.35 in pre-market trading after climbing 75.31 percent on Tuesday.
Xenon Pharmaceuticals Inc (NASDAQ: XENE) rose 3.8 percent to $6.90 in pre-market trading. The stock rose over 10 percent Tuesday after reporting its Phase 1 clinical update on XEN901 demonstrated a favorable PK profile.
Sea Limited (NYSE: SE) rose 3.5 percent to $11.01 in pre-market trading after reporting Q1 results.
Teva Pharmaceutical Industries Limited (NYSE: TEVA) shares rose 3.4 percent to $20.98 in pre-market trading after Buffett's Berkshire more than doubled its stake in Teva.
China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) shares rose 3.7 percent to $31.30 in pre-market trading after the company reported results for its fourth quarter.
PetIQ Inc (NASDAQ: PETQ) shares rose 3.4 percent to $20.00 in pre-market t
Best Casino Stocks For 2019: Alphabet Inc.(GOOGL)
- [By Douglas A. McIntyre]
Google, the search engine of Alphabet Inc. (NASDAQ: GOOGL) ranks second with a $156 billion, up 10%. Amazon, the e-commerce division of tech giant Amazon.com Inc. (NASDAQ: AMZN), ranks third with a brand value of $101 billion, up 56%. Amazon’s sales have surged in the past year as it has introduced a long list of new consumer electronics devices and its Prime membership program has passed 100 million members worldwide. Next on the list, Microsoft Corp. (NASDAQ: MSFT) has a brand value of $93 billion, up 16%. This is followed by Coca-Cola Co. (NYSE: KO) with a valuation of $66 billion, down 5%. South Korean consumer electronics and smartphone company Samsung, next, has a valuation of $60 billion, up 6%. Toyota Motor Corp. (NYSE: TM) is one of two car companies in the top 10. It has a valuation of $53 billion, up 6%. Mercedes ranked just behind it at $49 billion, up 2%. Facebook Inc.’s (NASDAQ: FB) value dropped 5% to $45 billion. Rounding out the top 10, McDonald’s Corp. (NYSE: MCD) has a value of $43 billion, up 5%.
- [By Evan Niu, CFA]
Yesterday, Samsung’s Harman Kardon announced a new $600 smart speaker called the Citation 500 that will integrate Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Assistant. Today, Bose unveiled a trio of new products, including Bose Home Speaker 500, a Soundbar 700, and Soundbar 500 — all of which integrate Amazon.com’s (NASDAQ:AMZN) Alexa.
- [By Dan Caplinger]
Finally, shares of Nutanix dropped 6%. The enterprise cloud-computing specialist suffered a double-digit percentage drop on Monday following reports that Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud division could seek to play a more competitive role in the space. Nutanix regained some of those losses on Tuesday when Google Cloud made comments downplaying any potential competition. Yet today’s drop renewed concerns among shareholders, and given the ultra-competitive environment in cloud computing right now, investors have to keep their eyes squarely on Nutanix to make sure it can realize its full potential and stay ahead of its rivals.
- [By Douglas A. McIntyre]
Alphabet Inc.’s (NASDAQ: GOOGL) Google division released its “Google annual diversity report 2018.” On the cover of the research study there is a video in which several women speak to one another on a sofa while others walk around the campus. In truth, Google’s gender diversity is so poor that only 30.9% of the search firms are women.
- [By D.R. Barton, Jr.]
Last month, I showed you how lots of stocks had been participating in upside moves, not just the FANGMA – Facebook Inc. (Nasdaq: FB), Apple Inc. (Nasdaq AAPL), Netflix Inc. (Nasdaq: NFLX), Google/Alphabet Inc. (Nasdaq: GOOGL), Microsoft Corp. (Nasdaq: MSFT), and Amazon.com Inc. (Nasdaq: AMZN) – heavyweights.
Best Casino Stocks For 2019: Knight Transportation, Inc.(KNX)
- [By Joseph Griffin]
Knight-Swift Transportation (NYSE:KNX) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a report issued on Thursday.
- [By Stephan Byrd]
ValuEngine downgraded shares of Knight-Swift Transportation (NYSE:KNX) from a buy rating to a hold rating in a research report released on Tuesday.
- [By ]
Knight-Swift Transportation Holdings (NYSE: KNX) is 24% lower from its March high as enthusiasm over self-driving vehicles has come down, but that won’t stop the technological change from happening. Driver costs as a percentage of total costs are among the highest in the industry after the merger of Knight Transportation and Swift Transportation in 2017.