Category: Techology Advancement

How a coronavirus team-up between Whirlpool, Dow and Reynolds may transform PPEs

by  on  in Techology Advancement

The coronavirus pandemic has seen a host of big brands step outside of their core industries to manufacture much-needed equipment in the fight against the deadly virus.

Those names include Whirlpool Corporation (WHR), Dow (DOW) and Reynolds Consumer Products (REYN), which have teamed up to create respirators with a design that aims displace N95 masks and visors, according to a top Whirlpool executive.

Worldwide, COVID-19 infections have topped 5 million, with over 1.5 million infections located in the U.S.. While new cases appear to be tapering off, frontline health care workers are still in need of personal protective equipment (PPE).

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SiriusXM keeping sports fans entertained during hiatus

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When you oversee 19 sports stations, radio programming is a daily challenge. During a pandemic, it can become like throwing a no-hitter, scoring a hat trick and winning a NASCAR race all in one.

Just ask Steve Cohen, SiriusXM’s senior vice president for sports, whose company broadcasts everything from baseball to hockey to soccer to football to golf to, well, you get the idea.

Cohen and his team had to devise plans for the 19 sports channels SiriusXM radio produces. Some stations have kept their programming lineup in the two months since the pandemic halted sports. Other channels taped shows

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DocuSign (DOCU) Gains But Lags Market: What You Should Know

by  on  in Techology Advancement

In the latest trading session, DocuSign (DOCU) closed at $128.77, marking a +1.22% move from the previous day. This move lagged the S&P 500’s daily gain of 1.67%. At the same time, the Dow added 1.53%, and the tech-heavy Nasdaq gained 2.08%.

Investors will be hoping for strength from DOCU as it approaches its next earnings release, which is expected to be June 4, 2020. In that report, analysts expect DOCU to post earnings of $0.11 per share. This would mark year-over-year growth of 57.14%. Meanwhile, our latest consensus estimate is calling for revenue of $284 million, up 32.74% from

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Uber Lays Off 3,000 Employees (VIDEO)

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The rideshare company already announced plans to lay off 3,700 employees earlier this month.

Uber is laying off 3,000 more employees and shutting down 45 of its offices as it deals with the impacts of the coronavirus pandemic. 

Uber CEO Dara Khosrowshahi made the announcement in an email on Monday. He said that “hoping the world would return to normal within any predictable timeframe … was not a viable option.” 

Amid stay-at-home orders and closed businesses to curb the spread of COVID-19, Uber saw an 80% decrease in global demand for rideshare this April compared to last year. Ride-hailing usually

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Why Is Badger Meter (BMI) Down 1.5% Since Last Earnings Report?

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It has been about a month since the last earnings report for Badger Meter (BMI). Shares have lost about 1.5% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Badger Meter due for a breakout? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Badger Meter Q1 Earnings Beat Estimates, Revenues Up

Badger Meter reported impressive first-quarter 2020 results, with

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