Wynn Resorts Gains 7%

Shooting in Arvada hospitalizes one suspect, no officers injured

A shooting in Arvada Monday night involving police led to the hospitalization of one suspect. No officers were injured, according to a 11:14 p.m. tweet from Arvada police.

The shooting allegedly took place near 7400 block of West 61st Avenue. Arvada police say that there isn’t a current safety concern anymore.

Very little information is available at the moment. An investigation is underway in regards to the shooting to learn more.

This story will be updated.

JetBlue Says Received Public Support For Clearly Superior Offer To Acquire Spirit From ISS And TIG

JetBlue Airways Corp. (JBLU) on Tuesday welcomed the recent public support in favor of its clearly superior offer to acquire Spirit Airlines Inc. (SAVE).

JetBlue said it has received support from independent proxy advisory firm Institutional Shareholder Services (ISS) and major Spirit shareholder TIG Advisors.

ISS said clients may find the modified JetBlue proposal “preferable” to the Frontier Airlines, Inc. (FRNT) offer for Spirit and may therefore choose to vote AGAINST the inferior Frontier transaction at Spirit’s upcoming special meeting.

TIG Advisors publicly declared that it will vote AGAINST the Frontier merger at the Spirit special meeting.

Further, JetBlue added that by entering into a revised merger agreement with Frontier less than a week before the special shareholder meeting, the Spirit Board has given ISS, and all shareholders, little time to weigh the improved proposals.

Invesco Mortgage Capital Shares Continue To Gain

Invesco Mortgage Capital Inc. (IVR) shares are trading more than 5 percent higher on Tuesday morning, continuing a bullish trend since June 16. Monday, the company has announced its second-quarter cash dividend of $0.90 for the common stock, payable July 27 to shareholders of record July 11. The U.S. stocks are generally trending higher today.

Currently, shares are at $14.31, up 7.27 percent from the previous close of $13.34 on a volume of 459,753. For the 52-week period, the shares have traded in a range of $9.63-$40.80 on average volume of 1,070,646.

Enerpac Tool Group Corp. Q3 Income Declines, misses estimates

Enerpac Tool Group Corp. (EPAC) announced earnings for third quarter that decreased from last year and missed the Street estimates.

The company’s earnings came in at $1.64 million, or $0.03 per share. This compares with $25.03 million, or $0.41 per share, in last year’s third quarter.

Analysts on average had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 6.1% to $151.89 million from $143.14 million last year.

Enerpac Tool Group Corp. earnings at a glance (GAAP) :

-Earnings (Q3): $1.64 Mln. vs. $25.03 Mln. last year.
-EPS (Q3): $0.03 vs. $0.41 last year.
-Analyst Estimates: $0.28
-Revenue (Q3): $151.89 Mln vs. $143.14 Mln last year.

-Guidance:
Full year revenue guidance: $560mln to $570mln

50K New Covid Cases, 80 Deaths In U.S.

With 50,980 new cases reported on Monday, the total number of people that have been infected with the coronavirus in the United States has risen to 86,297,195, as per the latest data by the Center for Systems Science and Engineering at Johns Hopkins University.

80 Covid deaths reported on the same day took the total U.S. Covid casualties to 1,013,493.

California reported the most number of cases – 12,033 – and deaths – 11.

Deaths have increased by 17 percent in the last two weeks, New York Times’ latest tally shows.

More than 30,000 people are currently in American hospitals with the coronavirus, an increase of 3 percent over the last two weeks. More than 3,300 of these patients are admitted in intensive care units, marking a 9 percent rise in a fortnight.

83,947,576 people have so far recovered from the disease, the Worldometer tally shows.

1.669 additional deaths were reported globally on Monday, taking the total number of people who lost their lives due to the pandemic so far to 6,320,674.

Dollar Tree Announces Changes Within Leadership Team; Reaffirms FY22 Outlook

Dollar Tree, Inc. (DLTR) announced Kevin Wampler will transition out of his role as Chief Financial Officer upon the appointment of a successor. He will remain with the company as an advisor until April 2023.

Dollar Tree also announced that Chief Legal Officer and Corporate Secretary William Old, Chief Operating Officer Thomas O’Boyle, Chief Strategy Officer David Jacobs and Chief
Information Officer Andy Paisley are no longer with the company.

Also, Dollar Tree reaffirmed its fiscal 2022 outlook provided on May 26, 2022.

Restaurant Review: Zaab Zaab Marks a High Point for Isan Thai Food in New York

The rise of Thailand’s northeastern cuisine in the city has now given Queens a remarkable new restaurant.

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Wynn Resorts Gains 7%

Wynn Resorts, Ltd (WYNN) shares are gaining more than 7 percent on Tuesday morning trade continuing an uptrend since June 23. The shares gained momentum on Wednesday after the company highlighted its corporate sustainability goals and community impact.

Currently, shares are at $62.09, up 7.63 percent from the previous close of $57.69 on a volume of 1,023,542. The shares have traded in a range of $50.20-$125.17 on average volume of 3,167,500.