Stock Alert: MarineMax Shares Hit 52-Week High
Shares of recreational boat and yacht retailer MarineMax Inc. (HZO) recorded a new 52-week high of $22.16 on Thursday, Jan. 23, following the company’s updated fiscal 2020 guidance, and stellar Q1 results. Trading volume is currently rising above 573K versus an average volume of 212K.
For fiscal 2020, the company increased its earnings forecast to a range of $1.82 – $1.92 per share from the prior outlook range of $1.58 – $1.68 per share. Wall Street analysts estimate earnings of $1.63 per share for 2020.
The company, today, reported first-quarter net income of $9.1 million or $0.41 per share versus $4.9 million or $0.21 per share in the prior-year quarter.
On average, 8 analysts polled by Thomson Reuters expected the company to report earnings of $0.07 per share for the quarter. Analysts’ estimate typically exclude certain special items.
Revenue for the quarter increased 26% to $304.2 million from $241.9 million in the same quarter of last year. The Street was looking for revenues of $260.33 million. Same-store sales were up over 24%.
‘Doomsday Clock’ hand moves 20 seconds closer to midnight
The Bulletin of the Atomic Scientists announced early Thursday that the minute hand on its so-called Doomsday Clock has moved closer to midnight by a third of a minute. "It is [now] 100 seconds to midnight," said Rachel Bronson, the CEO of the Chicago-based group, whose stated mission is to equip the public, policy makers and scientists with the information needed to reduce man-made threats to human existence. Humanity, according to the Bulletin, is facing two existential threats — in climate change and nuclear war — with cyberwarfare acting as a threat multiplier. A year ago, the group opted to leave the minute hand at two minutes to midnight, on the heels of a 30-second move in January 2018.
Old Republic International Q4 Profit Tops Estimates; Revenues Up 10.9%
Old Republic International Corp. (ORI) reported fourth-quarter net income per share, excluding investment gains (losses), of $0.47 compared to $0.45, prior year. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.41 for the quarter. Analysts’ estimates typically exclude special items. Net income excluding investment gains (losses) was $143.5 million, up 4.9 percent from last year.
Fourth-quarter total operating revenues improved 10.9 percent to $1.76 billion from $1.59 billion, previous year. Net premiums and fees earned increased 11.4 percent year-on-year to $1.61 billion.
Donald Trump’s Latest Retweet Rampage Earns Him A Spot In The Record Books
Donald Trump ramped up his Twitter game on Wednesday with more posts than on any other day of his presidency.
Trump ― or whoever was operating his account ― posted 142 times, according to the Factba.se service that tracks his tweets, retweets, speeches, interviews and other utterances.
That’s an average of almost six tweets or retweets every single hour of the day ― or almost one every 10 minutes. Some 124 of Trump’s posts on Wednesday were retweets. Trump posted just 18 original tweets in the 24-hour period.
Trump’s tweetstorm broke the 123 tweet record he set on Dec. 12, the day before the House Judiciary Committee voted to impeach him for his Ukraine misconduct, to set what he’ll likely at some point brag about being a new presidential record.
His all-time tweeting record, however, remains in place from January 2015 ― when he posted 161 tweets in one day.
Check out the analysis here:
The majority of Trump’s record-setting tweets and retweets on Wednesday centered on the Senate impeachment trial.
The president also tweeted about immigration, the economy and the FIFA Soccer World Cup, which the U.S. is hosting alongside Mexico and Canada in 2026.
Trump also retweeted Fox News hosts Sean Hannity and Mark Levin, GOP lawmakers Sen. Ted Cruz (Texas), Rep. Jim Jordan (Ohio) and Sen. Lindsey Graham (S.C.), his children Ivanka Trump and Donald Trump Jr., and daughter-in-law Lara Trump.
Co-Diagnostics Surges On Coronavirus Test
Shares of Co-Diagnostics Inc. (CODX) are up over 79%, following news that the Company has completed the principle design work for a PCR screening test for new coronavirus, 2019-nCoV, intended to address potential need for detection of the virus.
Designed using a proprietary software system, the new test features the Company’s patented CoPrimer technology and has the ability to reliably and accurately differentiate between similar genetic sequences such as SARS and MERS.
Dwight Egan, CEO of Co-Diagnostics, commented, “We believe that if the WHO takes the step of declaring the illness a global health emergency following collection of more data in the days and weeks to come, Co-Diagnostics will be well positioned to quickly assist in providing these state of the art tools to affected countries.”
As of this writing, CODX is up 76.99% at $2.00
Turkey to start screening passengers on flights from China: Anadolu
ISTANBUL (Reuters) – Turkey will screen passengers on all flights from China with thermal cameras upon arrival, Anadolu news agency reported on Thursday.
A coronavirus outbreak in China has killed 17 people and infected more than 630.
Munich Airport emergency: Lufthansa aircraft surrounded in dramatic scenes
Footage posted on Twitter shows several police, ambulance and fire engines dotted around the plane.
The aircraft is stationary on the tarmac and appears to be outside the airport’s main terminal.
This is a breaking tory. More to follow.