cherdchai chawienghong/iStock via Getty Images Introduction It’s been almost two years since I decided to cover Immersion Corporation ( IMMR ), and the decline of its share price prompted me to look into it once again and give some color on what has happened since then and why such a decline has occurred. Currently, there are a lot of risks around the restatement delays, which could push the compa...
cherdchai chawienghong/iStock via Getty Images Introduction It’s been almost two years since I decided to cover Immersion Corporation ( IMMR ), and the decline of its share price prompted me to look into it once again and give some color on what has happened since then and why such a decline has occurred. Currently, there are a lot of risks around the restatement delays, which could push the company to be delisted. Besides that, the company’s lumpy revenue business model and how they go about getting that revenue are still unappealing to me. I hope that the current investors or potential investors will weigh their relationship with IMMR and decide what is best for their money. The Beginning Of Troubles - BNED Accounting Issues It seems that the issues were identified in 2025. Immersion and Barnes & Noble ( BNED ) audit committee investigations found some accounting issues, which led to a lot of filings being in need of restatement. The core issues at hand were found to be unsupported manual journal entries that seem to have reduced the cost of sales in the fiscal 2024 and 2025 periods and errors in revenue recognition for the First Day Complete program. The revenue under this program was recognized too early because opt-out assumptions were incorrect and later were reversed when the actual opt-out rates were known. The full explanation can be found in the link here. Here is an excerpt: The Investigation is now complete and, based on the Investigation, the Barnes & Noble Education Audit Committee concluded that a former Barnes & Noble Education Payment Processing employee (whom Barnes & Noble Education had terminated) made unsupported manual journal entries that improperly reduced cost of sales in the fiscal years ended April 27, 2024 and May 3, 2025. And; The Investigation also concluded that certain revenue recognized in the third quarter of fiscal 2025 related to First Day Complete was incorrectly accelerated based upon incorrect optout assumptions; this revenue a...
Earnings Call Insights: Shoe Carnival (SCVL) Q4 2025 Management View Interim President & CEO Clifton Sifford opened by addressing the departure of former CEO Mark Worden on February 24 and confirmed his own appointment as Interim CEO, stating the search for a permanent successor is underway. Sifford emphasized his experience with the company and a focus on operational discipline, noting "Fiscal '2...
Earnings Call Insights: Shoe Carnival (SCVL) Q4 2025 Management View Interim President & CEO Clifton Sifford opened by addressing the departure of former CEO Mark Worden on February 24 and confirmed his own appointment as Interim CEO, stating the search for a permanent successor is underway. Sifford emphasized his experience with the company and a focus on operational discipline, noting "Fiscal '25 demonstrated this organization's fundamental operational discipline. Full year EPS of $1.90 exceeded consensus. Gross profit margin exceeded 35% for the fifth consecutive year. We ended the year debt-free for the 21st consecutive year with over $130 million in cash and securities." Sifford discussed the strategic adjustment in the rebanner program, sharing that 101 rebanners were completed in fiscal 2025, but observed "meaningful variability in in-store sales performance across the converted locations." He announced a slower pace with only 21 stores to be rebannered before back-to-school 2026 and reaffirmed the Board's commitment to Shoe Station as the company's long-term growth vehicle. The company launched the Jordan brand from Nike in over 60% of stores, with plans for a full fleet rollout by mid-April and a projected impact of approximately 5% of enterprise-level athletic sales. Sifford outlined three operational priorities for fiscal 2026: reducing inventory, completing targeted rebanners, and controlling costs, with an emphasis on working down $440 million in merchandise inventory. CFO W. Jackson stated, "Net sales in the fourth quarter were $254.1 million, a decline of 3.4% versus $262.9 million in the fourth quarter of fiscal 2024. Comparable store sales declined 3.5%. By banner, Shoe Station net sales were approximately flat with a low single-digit comparable store sales decline. Shoe Carnival net sales declined 4.5% with a mid-single-digit comparable store sales decline." Outlook Fiscal 2026 guidance includes expected net sales down 1% to up 1% versus fiscal 202...
Micron Technology (NASDAQ:MU), manufactures DRAM, flash memory, and SSDs, closed Thursday at $355.46, down 6.97%. The stock fell after analyst downgrades, AI compression-technology worries, and concerns about earnings quality, while investors are watching AI-memory demand, margin
Micron Technology (NASDAQ:MU), manufactures DRAM, flash memory, and SSDs, closed Thursday at $355.46, down 6.97%. The stock fell after analyst downgrades, AI compression-technology worries, and concerns about earnings quality, while investors are watching AI-memory demand, margin
Stock Market Today, March 26: Micron Technology Slides as Analysts Shift Toward GPU Names and Earnings Concerns Grow Yahoo Finance Here's Why Micron Stock Fell 12% This Week The Motley Fool How Much Further Could Micron Stock Fall? The Motley Fool
Stock Market Today, March 26: Micron Technology Slides as Analysts Shift Toward GPU Names and Earnings Concerns Grow Yahoo Finance Here's Why Micron Stock Fell 12% This Week The Motley Fool How Much Further Could Micron Stock Fall? The Motley Fool
To accommodate future growth of its Nashville workforce, Oracle has signed a new 116,000 square foot lease within The Neuhoff District, at 1320 Adams Street. With this latest investment, Oracle will bring its office capacity in Nashville to about 2,000 seats across three locations, marking significant progress in the company's plans to create thousands of new tech jobs and become a cornerstone of ...
To accommodate future growth of its Nashville workforce, Oracle has signed a new 116,000 square foot lease within The Neuhoff District, at 1320 Adams Street. With this latest investment, Oracle will bring its office capacity in Nashville to about 2,000 seats across three locations, marking significant progress in the company's plans to create thousands of new tech jobs and become a cornerstone of the local economy.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Barclays head of US equity strategy & global equity linked strategies Venu Krishna, Goldman Sachs co-head health care business unit David Roman, Hartree Partners senior advisor and commodities analyst Ed Morse, GenTrust head o...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Barclays head of US equity strategy & global equity linked strategies Venu Krishna, Goldman Sachs co-head health care business unit David Roman, Hartree Partners senior advisor and commodities analyst Ed Morse, GenTrust head of NY office and senior client advisor Mimi Duff, New York State Comptroller Thomas P. DiNapoli, Citi US equity strategist and global head of ETF research Scott Chronert, Morgan Stanley institute deputy global head of research and co-director Michael Zezas. (Source: Bloomberg)
Federal Reserve Governor Lisa Cook says the Iran war has shifted the balance of risks for now, leaving inflation as a bigger concern for policymakers than employment. She speaks during an event in New Haven, Connecticut. (Source: Bloomberg)
Federal Reserve Governor Lisa Cook says the Iran war has shifted the balance of risks for now, leaving inflation as a bigger concern for policymakers than employment. She speaks during an event in New Haven, Connecticut. (Source: Bloomberg)
Earnings Call Insights: Blink Charging Co. (BLNK) Q4 2025 Management View President and CEO Michael Battaglia declared that "the fourth quarter of 2025 marks a pivotal moment for Blink Charging. The most significant transformation in this company's history, our BlinkForward initiative substantially met its 2025 objectives." He emphasized a transition from restructuring to preparing for growth, hig...
Earnings Call Insights: Blink Charging Co. (BLNK) Q4 2025 Management View President and CEO Michael Battaglia declared that "the fourth quarter of 2025 marks a pivotal moment for Blink Charging. The most significant transformation in this company's history, our BlinkForward initiative substantially met its 2025 objectives." He emphasized a transition from restructuring to preparing for growth, highlighting a reduction in global headcount from nearly 600 to fewer than 300 employees and a completed shift to contract manufacturing in the U.S. and India. Battaglia stated, "We reassessed and subsequently wrote off approximately $6 million of legacy inventory at year-end as part of this realignment." Battaglia detailed a 32% decrease in adjusted Q4 operating expenses to $17.1 million, down from $25.2 million in early 2025, and highlighted service revenue growth: "In Q4, our service revenues reached $14.7 million, up 62% year-over-year. Service revenues represented 54% of our total revenue, up from 32% in Q4 of last year." Blink also raised $20 million in a follow-on equity offering in December, primarily to expand its DC fast charging network. CFO Michael Bercovich said, "Q4 2025 revenues were $27 million compared to $28 million in the fourth quarter of 2024," and reported product revenues of $11 million for the quarter. Service revenue increased to $14.7 million, and adjusted gross margin was 37.8%, "significantly above the 34.5% as we reported in Q3 of this year, and year-over-year gross margin improvement of 1,100 basis points." He also noted, "Cash burn for the quarter was $2 million comparable to Q3's $2.2 million and a fraction of the levels we experienced in the first half of 2025." Outlook Bercovich provided guidance for fiscal 2026, targeting total revenue in the range of $105 million to $150 million, describing it as "1% to 11% growth over 2025." He outlined a gross margin target of approximately 34%–35% and emphasized the expectation of "significantly reduced a...
Ashi Sae Yang/iStock via Getty Images Intro While it’s always important to balance risk within a portfolio, during uncertain times, it becomes even more important to put more focus on investments that are less correlated with the main indexes. As is often the case, it’s easier said than done — just like many things in life. As a rule of thumb, the much‑discussed bonds‑versus‑equities split is usua...
Ashi Sae Yang/iStock via Getty Images Intro While it’s always important to balance risk within a portfolio, during uncertain times, it becomes even more important to put more focus on investments that are less correlated with the main indexes. As is often the case, it’s easier said than done — just like many things in life. As a rule of thumb, the much‑discussed bonds‑versus‑equities split is usually a starting point when one is thinking about portfolio diversification. While there are some exceptions, most of the time the two don’t correlate much. Between them, you can include every other asset class — commodities, REITs, cryptocurrencies, and various alternatives such as option‑based strategies. If we look at each asset class more closely, they all have their own subdivisions: in commodities, you have precious metals like gold and silver, and in energy, you have oil and gas, and so on. Bonds can be viewed along a spectrum of risk, starting with Treasuries at the lower‑risk end and extending to junk bonds at the higher‑risk end. In equities, the lower‑risk end might be a boring grocery retailer, while the riskiest end could be a small AI play with no real earnings but an impressive story and an elevated stock price. There’s one asset category that often gets less attention – preferred stocks. Continuing the previous line of thought, I see them sitting somewhere between high‑yield dividend stocks and high‑yield (junk) bonds in terms of risk. They’re technically equities, but in practice, they share more similarities with bonds. Asset Manager Virtus , managing the Virtus InfraCap US Preferred Stock ETF ( PFFA ) built on preferred stocks, offers the following definition and illustrative chart: Preferred stock is a class of capital equity that pays regular dividends at a specified rate and has priority over common stock, but not corporate debt, in the payment of dividends and in any liquidation of the corporation’s assets (hence the term “preferred”). Preferreds are of...
Whenever a place rises up economically on the mainland, some observers inevitably portray it as a potential competitor with Hong Kong. This view misunderstands the crucial role the city plays as a global financial hub in Beijing’s “opening up” liberalisation. Hainan’s new status as a free-trade port is a case in point. The usual suspects warn that the island – more than 30 times the size of Hong K...
Whenever a place rises up economically on the mainland, some observers inevitably portray it as a potential competitor with Hong Kong. This view misunderstands the crucial role the city plays as a global financial hub in Beijing’s “opening up” liberalisation. Hainan’s new status as a free-trade port is a case in point. The usual suspects warn that the island – more than 30 times the size of Hong Kong – could become a duty-free competitor. In reality, besides being Hainan’s biggest source of...
Southland (SLND) delivered earnings and revenue surprises of -1,804.76% and -50.71%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?
Southland (SLND) delivered earnings and revenue surprises of -1,804.76% and -50.71%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?
A Constellation Energy executive said on Thursday that a reactor at the former Three Mile Island nuclear power plant will be ready to generate electricity again in 2027, but the company was told that it might not be able to connect to the power grid until 2031. Constellation and Microsoft struck a deal in 2024 to restart the undamaged reactor at the Pennsylvania site, now called the Crane Clean En...
A Constellation Energy executive said on Thursday that a reactor at the former Three Mile Island nuclear power plant will be ready to generate electricity again in 2027, but the company was told that it might not be able to connect to the power grid until 2031. Constellation and Microsoft struck a deal in 2024 to restart the undamaged reactor at the Pennsylvania site, now called the Crane Clean Energy Center. Grid operator PJM Interconnection told Constellation about the potential years-long delay after a study, said David Dardis, senior executive vice president at Constellation, in a presentation at a global energy conference in Houston.