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GameStop Shares Jump As CEO Steps Down

GameStop shares are up nearly 8% this morning after the retailer said CEO George Sherman will stop down on or before July 31. The board is leading a search to identify CEO candidates with the capabilities and experience to help “accelerate the next phase of the company’s transformation” into an e-commerce powerhouse, GameStop said in a statement. “GameStop’s next CEO and CFO are likely to ...

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McGrath RentCorp (NASDAQ: MGRC): McGrath RentCorp recently announced it has acquired Kitchens To Go, a leader in both interim and permanent modular solutions for foodservice providers that require flexible facilities to continue of expand operations. “Our acquisition of Kitchens To Go is highly complementary to our modular building rental business,” Read More

Does GES’s fat dividend make it a good buy?

Stock buybacks tend play a big role in what analysts seem to consider as part of a stock’s fundamental strength. Stock buybacks are interesting because companies use a portion of their available cash to reduce the number of available shares in the marketplace. Over time, that reduction generally means that the stock price should go up, which means that compared to other things management could choose to do with its cash, buying its own stock is deemed to provide a stronger rate of return.
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Novavax, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs. The company’s vaccine candidates include NVX-CoV2373, a coronavirus vaccine candidate that is in two Phase III trials, one Phase IIb trial, and one Phase I/II trial; NanoFlu, a nanoparticle seasonal quadrivalent influenza vaccine candidate that is in Phase 3 clinical trial; and ResVax, a respiratory syncytial vi...

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