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Medtronic (MDT) Cardiovascular Business Expands Amid Macro Woes https://www.zacks.com/stock/news/2285427/medtronic-mdt-cardiovascular-business-expands-amid-macro-woes?cid=CS-ZC-FT-analyst_blog|zer_report_update-2285427 Jun 07, 2024 - For Hugo surgical robot, Medtronic (MDT) is scaling manufacturing production, expanding regulatory approvals and ramping up installations to see continued progress internationally.
Samsara's (IOT) Q1 Earnings Beat Estimates, Revenues Up Y/Y https://www.zacks.com/stock/news/2285526/samsara-s-iot-q1-earnings-beat-estimates-revenues-up-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2285526 Jun 07, 2024 - Samsara's (IOT) fiscal first-quarter performance benefits from expanding its customer base.
Labor Heats Up Again: Jobs +272K, Unemployment +4.0% https://www.zacks.com/stock/news/2285387/labor-heats-up-again-jobs-272k-unemployment-4-0?cid=CS-ZC-FT-ahead_of_wall_street-2285387 Jun 07, 2024 - While it's nice to see a strong domestic labor force, it throws cold water on the notion of near-term rate cuts.
Viavi (VIAV) Expands Tie-Up for Improved Network Testing https://www.zacks.com/stock/news/2285401/viavi-viav-expands-tie-up-for-improved-network-testing?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2285401 Jun 07, 2024 - Viavi's (VIAV) partnership with Rohde & Schwarz addresses the need for scalable testing solutions as O-RAN radios move from lab validation to commercial deployment.
U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4% https://www.cnbc.com/2024/06/07/jobs-report-may-2024-us-job-gains-totaled-272000-in-may.html Jun 07, 2024 - Nonfarm payrolls were expected to increase by 190,000 in May, according to economists surveyed by Dow Jones.
U.S. Job Growth Far Exceeds Estimates In May But Unemployment Rate Ticks Higher https://www.rttnews.com/3453121/u-s-job-growth-far-exceeds-estimates-in-may-but-unemployment-rate-ticks-higher.aspx?type=alleco Jun 07, 2024 - Employment in the U.S. shot up by far more than economists had been expecting in the month of May, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment surged by 272,000 jobs in May after climbing by a downwardly revised 165,000 jobs in April.
Quanex (NX) Q2 Earnings Beat Estimates, Sales Miss, Stock Up https://www.zacks.com/stock/news/2285379/quanex-nx-q2-earnings-beat-estimates-sales-miss-stock-up?cid=CS-ZC-FT-analyst_blog|earnings_article-2285379 Jun 07, 2024 - Weaker market demand in European Fenestration and North American Cabinet Components segments hurt Quanex Building Products' (NX) second-quarter fiscal 2024 top line.
Alaska Air (ALK) Gears Up for a Busy Summer Season Ahead https://www.zacks.com/stock/news/2285367/alaska-air-alk-gears-up-for-a-busy-summer-season-ahead?cid=CS-ZC-FT-analyst_blog|company_news_corporate_actions-2285367 Jun 07, 2024 - Alaska Air (ALK) expects that its busiest days in the summer season will be before and after Jul 4.
This Little Caesars franchisee is taking over her father’s business in New York City https://www.nrn.com/franchising/little-caesars-franchisee-taking-over-her-father-s-business-new-york-city Jun 06, 2024 - Joumana Lollobrigida grew up around restaurants with her stepfather’s New York City-based franchise business, and now she is taking over for him
BKT: There Is Both Good And Bad (Rating Upgrade) https://seekingalpha.com/article/4697837-bkt-there-is-both-good-and-bad-rating-upgrade?source=feed_tag_etf_portfolio_strategy Jun 06, 2024 - BlackRock Income Trust had a great run to wrap up 2023, but its performance since then has been muted. See why I upgrade BKT CEF to a hold from a sell rating.
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