Wednesday , October 5 2022

Titles in Action: Tilray, Home Capital, MedMen, Adidas, BMW, Zara …



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Here is a selection of ads that have (or are about to) move prices for these companies:

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The surprising resignation of US Attorney General Jeff Sessions has sparked a spark under the American hemp sector, which was heavily opposed. Producer of British Columbia listed on the Nasdaq Tilray (TLRY, $ 138.46 U $) at the end of the trading session by 23%, while the US Stock Exchange Alternative harvesting (MJ, US $ 36.58) is 6.7%.

Alternative creditor Capital (HCG, $ 17.24), owned by Warren Buffet at 20%, will surprise investors all the way. His action jumped by 22%. Not only has the company surpassed expectations in third but it announces a massive purchase of 16% or $ 300 million of its shares. The profit of $ 0.41 per share is 12% higher than the National Bank Financial forecast with better margins than expected. Jaeme Gloyn expects dividends to be restored in 2019 at approximately US $ 0.43 per share. Analyst increases his target price from $ 15.50 to $ 18.50, but does not recommend buying shares because his outlook remains unpredictable. "Without extending the interest margin, redemption of shares and eliminating costs, its business model can not get better than a return on equity of 10% or less," he writes. ,

Cannabis was one of the great winners in the November 6 parliamentary elections because Michigan, Missouri and Utah voted for marijuana to be legalized for medical or recreational use, while new cannabis governors were elected in Colorado, Illinois and Nevada, says Canaccord Genuity. The Democratic majority in the House of Representatives also improves the chances for green cannabis production. American producer titles reacted very little after the election, preceded stock market events. Charlotte on the web (CWEB, $ 17.30) a 1933 Industry (TGIF, $ 0.49) would be most beneficial from the reform of the agricultural bill, analyst Bobby Burleson says. MedMed (MMEN, US $ 7.62) is best located in Michigan after purchasing PharmaCann. MedMen is also present in Nevada next door Planet 13 (PLTH, US $ 3.12) and 1933 Industries. US industry is already trading with an average stratospheric multiplier of 22 times the expected earnings in 2019.

German supplier of sports equipment adidas(ADS, € 202.20) announced a net profit in the third quarter of 19% on Wednesday, to 656 million euros ($ 984 million), which led to an increase in its annual profitability target. This is better than the consensus of analysts questioned by Factset, who predicted a net income of 612 million euros quarterly. Due to favorable results in the first nine months of the year, Herzogenaurach, which owns Adidas and Reebok, is now focusing on a net net profit of between € 1.72 billion and € 1.66 billion. This corresponds to an increase of more than one year between 16 and 20%, compared with 13-17% previously expected.

German car manufacturer BMW(BMW, € 75.47) posted a sharp quarterly net profit on Wednesday, which was penalized by the impact of the new WLTP standards against pollution, business disputes and massive downloads. Between July and September, the group recorded a profit of 1.4 billion euros ($ 2.1 billion), down 23.9% from the third quarter of 2017, which is below analysts' expectations. a survey by Factset, which predicted € 1.6 billion. Turnover for the same period rose by 4.7% to € 24.7 billion. BMW has confirmed its annual targets, decreased in September due to the Sino-American trade war and anti-pollution standards. During the year for the BMW automotive industry, the major BMW group expects the operating margin "at least 7%", compared with the previous 8-10% and "slight decrease" in annual sales, previously planned in a small upswing.

Spanish group Inditex Wednesday announced the launch of its Zara digital platform in 106 new markets, primarily in Africa, which is a crucial step towards achieving the goal to be present online worldwide by 2020. "This milestone means Zara branding is now available on 202 markets in total, "Inditex said in a statement, adding that the platform will be released on Thursday. "Most of these new markets are in Africa, including Angola, Cote d'Ivoire, Senegal and Ghana. In addition, Internet commerce is debuted in many parts of the Caribbean and Indonesia," said a fast-fashion group. This model is based on the fact that 60% of the clothing is in Europe and in the Maghreb fairly close to the headquarters so as to be able to store shelves that keep fashion trends within fifteen days.

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