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New Strong Buy Stocks for March 9th
ZACKS· 2026-03-09 13:26
Group 1 - Everus Construction Group, Inc. (ECG) has seen a 9.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Amneal Pharmaceuticals, Inc. (AMRX) has experienced a 6.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - National Energy Services Reunited Corp. (NESR) has reported a 7.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - ACM Research, Inc. (ACMR) has seen a 13.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The Hershey Company (HSY) has experienced an 18.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
New owner taps CEO for Office Depot, OfficeMax
Yahoo Finance· 2025-12-11 10:58
Group 1 - Craig Gunckel has been appointed as the new CEO of The ODP Corporation following the completion of its acquisition by Atlas Holdings, which is valued at approximately $1 billion [1][2] - The acquisition has received all necessary regulatory approvals and ODP is now a private and independently operated company, leading to its stock being delisted from the Nasdaq [2] - Gunckel brings nearly 30 years of leadership experience in the paper and packaging industries, having previously served as CEO of Iconex, a company owned by Atlas [3] Group 2 - The ODP Corporation is undergoing a slow turnaround, shifting focus from retail to business-to-business operations, although recent performance has shown only modest improvement in the B2B segment while retail has continued to decline [4] - Analysts from UBS noted that significant progress in ODP's turnaround will take time, indicating a cautious outlook on the company's recovery [5] - Under new ownership, ODP aims to enhance agility and focus on its core businesses, Office Depot OfficeMax and ODP Business Solutions, with a commitment to sustainable and profitable growth [6]