Garry finally called me last night. He is a guy that if he don't have exciting news he rather not say anything. I told him he has to keep us informed either way. The BASHERS think they have it figured out. He is just incompetent. I mean that is the easiest thing to say ? The truth is is that it is a lot easier than that. We are at a stand still for one major reason. It takes Money to make money ? Remember Client #2 in Q3 ? He did not pay until Q #4. When folks are late it upsets the whole game. We are just 3 + weeks for the end of Q #2 and he is still waiting on about a 1/4 million from Q #1. That money is needed to finish stuff like, Lawyers letter , Website, Audit and the Accountant. The curve is upon us. The Rev's are increasing by the the Q and it won't be long before a partial payment will pay all that is due in the future. He said right now the wholesale minutes thing is very competitive. Nobody is making a killing at it. Bunch of cut throats trying to make a dime. That is why he is in the middle of a format change, Internet / Internet TV. Profits are much higher and the demand is growing daily. Of course it takes money so it has to be done in a cost effective manner. A lil at a time. He said we are making headway with it and will see a big difference in the bottom line soon. Anyway, he said he has been promised the money for the last 4 weeks but had assurance that he will have it next week. So we should see improvement next week and begin our journey north from there. He said he does have some news he can release next week as well. Expect it on the update on the OTC. He did say he would do a Global as soon as we are ready and when money permits. He wants this as bad as we do guys. It is coming and it will be worth it in the long run. I think we are on the other side now.
Baird Upgrades Mohawk Industries Stock Amid Market Optimism
In a recent move, investment firm Baird has upgraded the stock of Mohawk Industries (NYSE: MHK) from a Neutral to an Outperform rating, reflecting a bullish outlook on the company’s performance in the flooring manufacturing sector. As part of this upgrade, Baird has also revised the price target for Mohawk’s shares to $196, up from a previous target of $160. This change comes amidst favorable trends in the residential repair... Continue Reading
Valmet Completes Change Negotiations in its Paper Business Line
Valmet Oyj, a key player in the global process industries, has completed vital change negotiations within its Paper business line, specifically focused on its Board and Paper Mills unit. This significant decision arises from the need to improve profitability and enhance competitiveness in today’s dynamic market environment.
Overview of the Negotiation Outcomes
During the course of these negotiations, whic... Continue Reading
Citi Adjusts Price Target for Tech Mahindra
Recently, Citi announced an adjustment to the price target for Tech Mahindra Ltd. (TECHM:IN), moving it up to INR1,475.00 from the previous INR1,415.00. This revision comes in light of Tech Mahindra's second-quarter performance, which met expectations regarding revenues and margins.
Decline in Contract Value
Despite the positive news surrounding the price target, it is important to highlight a significant aspect of Tech Mahi... Continue Reading
Hindustan Zinc Stock UpdateOn a recent assessment by Citi, there have been notable adjustments regarding Hindustan Zinc (HZ:IN) stock. The firm raised its price target from INR325.00 to INR400.00 while keeping a Sell recommendation in place.Financial HighlightsThe latest analysis from Citi sheds light on several key financial metrics from Hindustan Zinc’s recent second-quarter performance. The company's EBITDA showed a significant improvement, increasing around 31% ye... Continue Reading
Citi Boosts Polycab Price Target Amid Growth ProjectionsIn a recent update, Polycab India Limited (POLYCAB:IN) has garnered the attention of Citi, which has raised its price target from INR 8,400 to INR 8,600. This adjustment comes alongside a retained Buy rating for the stock, reinforcing the company's strong market presence.Insights from Citi's AnalysisCiti's analysis delves into the key drivers behind Polycab's expected success. The firm's review emphasizes the man... Continue Reading
Morgan Stanley Upgrades BioAge Labs with Positive OutlookRecently, Morgan Stanley began coverage on BioAge Labs Inc (NASDAQ:BIOA) and has given the stock an Overweight rating, coupled with a notable price target of $40.00. This assessment illustrates the analyst's optimism regarding the company's future in developing therapies for metabolic diseases.BioAge Labs, known for its clinical-stage biopharmaceutical developments, is currently working on azelaprag, which is an oral ape... Continue Reading
Ally Financial Receives Positive Rating Adjustment
Ally Financial (NYSE: ALLY) recently experienced a shift in its stock rating by Raymond James, which upgraded it from Underperform to Market Perform. This announcement follows a phase where the stock demonstrated an underwhelming performance compared to major market indices.
Performance Insights
Since the start of the year, Ally's shares have only risen by 2%, contrasting significantly with the impressive 28% surge s... Continue Reading
Analyzing Trade Dynamics Ahead of U.S. ElectionsAs the U.S. election day approaches, Latin America is on edge. The choices ahead may bring significant trade implications for the entire region. With Vice President Kamala Harris in the running, many are anxious about a potential return to the previous administration's policies under former President Donald Trump. Each candidate presents a different vision for U.S. economic engagement with its neighbors to the south.Trade, Tarif... Continue Reading
Insights on Recent Earnings Trends from Morgan StanleyAccording to insights from Morgan Stanley, the current earnings season is showing a significant trend where companies exceeding earnings expectations are experiencing more substantial stock gains compared to previous periods. This shift comes as 14% of companies within the S&P 500 index have reported their results, allowing for an analysis of market performance tied to earnings per share (EPS) outcomes.Notably, those compan... Continue Reading
Emirates Orders Boeing 777F FreightersDubai-based Emirates has officially ordered five Boeing 777F freighters, highlighting its ongoing expansion strategy in the freight aviation sector. The airline has hinted at making additional purchases of either Boeing or Airbus aircraft for its fleet, with plans extending beyond 2028 and 2029.Confirmation of Recent OrdersThe confirmation of this order follows a report indicating that Emirates had previously committed to current-... Continue Reading