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ST
Hennessy Funds Trust Hennessy Sustainable ETF
STNC
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3.05K
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ST
STNC
ST
Hennessy Funds Trust Hennessy Sustainable ETF
STNC
News
·
International Paper Buys Major US Paper Mill In $360 Million Deal
AUM
N/A
Volume
3.05K
Yield
0.91%
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International Paper Buys Major US Paper Mill In $360 Million Deal
International Paper agreed to acquire North Pacific Paper Company (NORPAC) for $360 million to expand its packaging operations on the U.S. West Coast. The Longview, Washington mill produces approximately one million tons of containerboard annually. The acquisition is expected to enhance system flexibility, lower costs, and support growing demand for recycled packaging. IP stock was up 0.41% at $36.66 on Thursday.
Benzinga · Apr 16, 2026
Aon Faces Challenges With Integration Risks And Slow Growth: BofA Downgrades Stock
BofA Securities analyst Grace Carter downgraded Aon plc (NYSE:AON) to Underperform from Neutral and cut the price target from $345 to $306. The analyst writes that AON has recently underperformed the insurance broker peer group owing to below-average organic growth, integration risk from the $13.4 billion NFP acquisition, and management changes. Notably, since 2H22, Aon’s Commercial Risk Solutions segment has reported organic revenue growth in the 3%- 6% range , compared to comparable peer results averaging 7%- 10%, says the analyst. Carter projects gradual improvement in organic ...Full story available on Benzinga.com
Benzinga · May 22, 2024
The More Things Stay The Same
One of the cardinal tenets of investment management is that nothing stays the same forever.
Seeking Alpha · May 11, 2024
Expedia Faces Challenges: Analysts Concerned About Vrbo's Slow Start and B2C Growth
Benchmark analyst Daniel Kurnos reiterated Expedia Group (NASDAQ:EXPE) with a Buy and a $180 price target. Expedia reported first-quarter sales of $2.89 billion, up by 8.4% year-on-year, beating the analyst consensus estimate of $2.81 billion. EPS loss of $(0.21) beat the analyst consensus estimate of loss of $(0.24). Kurnos noted that Expedia didn’t benefit from having a better gross bookings outlook for the year compared to Booking Holdings Inc (NASDAQ:BKNG). Instead, it faced a softer start in 2024 for Vrbo and slower-than-expected growth in its core B2C, leading to an immediate reduction in fiscal 2024 guidance. Also Read: Airbnb Faces Growth Hurdles Despite Strong Consumer Preference, Analysts Warn Unfortunately, the analyst noted that due to the lower expected revenue and additional marketing spend to boost Vrbo, the narrative that Expedia can’t compete and expand margins is likely to resurface today. With the lowered guidance, a February reduction in force, and over $4 billion remaining for buybacks, Kurnos says the downside risk now seems more limited to macroeconomic factors. Wedbush analyst Scott Devitt maintained Expedia with a Neutral and lowered the price target from $130 to $125. Devitt noted that shares were down ~9% after-hours, broadly reflecting elevated investor concerns as second-quarter and fiscal 2024 guidance were revised lower, primarily impacted by slower-than-expected traffic growth and conversion at Vrbo and Hotels.com following the company’s unified tech stack migration. As a result, Expedia guided second-quarter Y/Y gross bookings growth in the mid-single digit range (below Devitt’s prior estimate of +10% Y/Y) and full-year guidance of mid- to high-single-digit growth ...Full story available on Benzinga.com
Benzinga · May 3, 2024
Magnificent Seven Drive 2023 U.S. Large Caps - And Spotlight Index Profitability Rules
The rise of the Magnificent Seven marks a shift in the type of company that grows to become a mega cap.
Seeking Alpha · Feb 3, 2024
All-Time Danger
2023 has smashed all previous U.S. large-cap stock-market extremes including those of 2021 and 2022.
Seeking Alpha · May 4, 2023
The Fed Needs To Send An Extremely Hawkish Message To Markets
The Federal Reserve appears to be losing control of market and financial conditions have eased dramatically since December FOMC meeting. Click here to read more.
Seeking Alpha · Jan 29, 2023
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Hennessy Funds Trust Hennessy Sustainable ETF
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Last · Dec 12
Annual
Amount
$0.34
Yield
0.91%
Annual
$0.34