Worthington’s Posts Strong Results, But Earnings Fall On One-Off Adjustments

-Reported net sales of $1.5 billion for the first quarter during the fourth quarter.-Net earnings came in at $80.3 million, or $1.61 per diluted share.-Despite inventory holding losses, Worthington continues to produce strong results as the building and consumer products segments outperformed.-Worthington’s products during the third quarter were affected by the semiconductor shortage, which led…

LLY’s New Drug Lineup Looks Promising For Investors

Eli Lilly and Company’s (LLY) new drug line-up is expected to generate higher revenues and earnings. Also, LLY’s robust earnings, favorable analyst estimates, and higher-than-industry profitability make it a promising investment option. Read on…. shutterstock.com – StockNews Eli Lilly and Company (LLY) is engaged in the discovery, development, manufacturing, marketing, and sales of pharmaceutical products…

Despite Climbing Inflation, This Retailer Is Still A Buy

Amid the growing macroeconomic headwinds, Walmart (WMT) reported a dismal quarterly earnings report. However, the company has been making several strategic advancements to keep up with the industry-wide challenges. So, we think it could be wise to buy the stock now. Read on. shutterstock.com – StockNews Shares of mega-retailer Walmart Inc. (WMT) are down 119%…

This Founder Had to Play College Basketball in Men’s Shorts and Shoes, So She Launched an Athletic Clothing Company Named After the Now 50-Year-Old Title IX Act

“What I find challenging as an entrepreneur is this idea of narrative fallacy,” Missy Park, founder of athletic clothing company Title Nine, tells Entrepreneur. “All of these things happen to us, which may be related or unrelated. They may be because of our agency or because of happenstance. But at the end, we tie them…

5 Falling Stocks That Are Still Top Rated

The major stock market indexes have tumbled over fears of aggressive interest rate hikes by the Fed to control the multi-decade high inflation and an imminent recession. This market correction has led to shares of many economically-vital companies losing significantly. Shell (SHEL), Cheniere Energy (LNG), QUALCOMM (QCOM), AT&T (T), and Taiwan Semiconductor (TSM) are five…

Making the Move from Medicine to Entrepreneurship

Opinions expressed by Entrepreneur contributors are their own. Medical professionals of all stripes do incredible work every day — often saving people’s lives, alleviating pain or offering comfort. But sometimes, even following the many years of training required to become a licensed caregiver, one might wish to leave the profession behind and try something entirely…

3 Stocks That Are Thriving With Higher Rates

Rising rates are a headwind for most stocks. However, for a handful, they are leading to an earnings boom,. Here are 3 stocks benefitting from higher rates: Humana (HUM), Everest RE (RE), and Silvercrest Asset Management (SAMG). shutterstock.com – StockNews 2022 has been a brutal year for the stock market. YTD, the S&P 500 is…