Lennar’s stock got chopped down Tuesday after a Raymond James analyst backed away from his longtime bullish call on the home builder — citing margin concerns and other company-specific “overhangs.”
Influential trader Keith Gill, also known as Roaring Kitty, has taken a 6.6% stake in Chewy, thrusting the online pet-products retailer into the meme-stock spotlight.
The Danish shipping giant’s CEO said Maersk had decided to withdraw from the sales process after identifying challenges with integrating the German logistics company.
The savings stem mostly from general corporate cost cuts but do not include potential savings from changes in the global e-commerce segment, where the company is in the final stages of a strategic review.