Why Unifi (UFI) Shares Are Falling Today
[ad_1] Unifi Inc UFI expects second-quarter FY23 sales of $135 million – $137 million, against the consensus of $142.15 million. The revenue guidance represents a 24% – 25% decrease from…
Raytheon Opens New Pratt & Whitney India Engineering Center
[ad_1] Raytheon Technologies Corp RTX business Pratt & Whitney has launched its new India Engineering Center (IEC) in Bengaluru. The facility is co-located with Pratt & Whitney’s India Capabilities Center (ICC)…
BofA Downgrades Levi Strauss On Cautious North America Outlook
[ad_1] BofA Securities analyst downgraded Levi Strauss & Co LEVI from Buy to Neutral and lowered the price target from $19 to $17. The analyst remains wary that the highly promotional environment…
Party City Holdco Files For Chapter 11 Bankruptcy; Secures $150M Financing Commitment
[ad_1] Party City Holdco Inc PRTY has filed voluntary Chapter 11 petitions for relief in the U.S. Bankruptcy Court for the Southern District of Texas. The move was taken to implement…
LKQ Is Becoming An Inflation Hedge, Says Analyst – LKQ (NASDAQ:LKQ)
[ad_1] Raymond James analyst Sam Darkatsh reiterated an Outperform rating on the shares of LKQ Corp LKQ and raised the price target from $60 to $65. The analyst reduced EPS estimates to slightly…