Carnival, IBM And 3 Stocks To Watch Heading Into Monday
Portfolio Pulse from Lisa Levin
Carnival Corporation is expected to report a quarterly loss, IBM is nearing a deal to acquire Apptio Inc., DISH Network's EVP and COO resigns, Mercury Systems names an interim President and CEO, and Amerant Bancorp files for a mixed shelf of up to $300 million.
June 26, 2023 | 8:11 am
News sentiment analysis
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NEGATIVE IMPACT
DISH Network's Executive Vice President and COO, Narayan Iyengar, is resigning effective June 23.
The resignation of DISH Network's EVP and COO may create uncertainty and negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Amerant Bancorp files for a mixed shelf of up to $300 million.
Amerant Bancorp's mixed shelf filing may not have a significant short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
Carnival Corporation is expected to report a quarterly loss at 34 cents per share on revenue of $4.77 billion.
Carnival's expected quarterly loss may have already been priced into the stock, so the short-term impact may be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Mercury Systems names Bill Ballhaus as interim President and CEO following the resignation of Mark Aslett.
The appointment of an interim President and CEO may stabilize the company in the short term, but the stock price impact is uncertain.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
IBM is nearing a deal to acquire cloud-based business software company Apptio Inc. for around $5 billion.
The acquisition of Apptio Inc. could strengthen IBM's cloud offerings and potentially boost its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100