Entries by jsa

Flexsteel Industries Receives Strong-Buy Rating from StockNews.com Researchers, Showing Promising Growth Prospects

In a recent report released on July 9, 2023, equities researchers at StockNews.com have taken a deep dive into Flexsteel Industries (NASDAQ:FLXS) and initiated coverage on the company’s shares. The researchers have assigned a coveted “strong-buy” rating to the stock, reflecting their bullish stance on its future prospects. Flexsteel Industries, a leading manufacturer of upholstered […]

Nordea Investment Management AB Reduces Holdings in HNI Corporation Amid Concerns of Financial Performance

Nordea Investment Management AB, a well-known institutional investor, has recently made a significant reduction in its holdings of HNI Co. (NYSE:HNI). According to the latest disclosure filed with the Securities & Exchange Commission, Nordea Investment Management AB now owns 24,818 shares of HNI’s stock, which is a decrease of 59.5% from the previous quarter. This […]

MillerKnoll (NASDAQ:MLKN) Shares Gap Up on Insider Buying Activity

MillerKnoll, Inc. (NASDAQ:MLKN)‘s share price gapped up before the market opened on Friday after an insider bought additional shares in the company. The stock had previously closed at $17.63, but opened at $18.13. MillerKnoll shares last traded at $18.37, with a volume of 154,205 shares traded. Specifically, insider Megan Lyon purchased 6,410 shares of the […]

MillerKnoll : A Message from CEO Andi Owen

Earlier this year, a clip from our internal town hall – in which I discussed meeting our fiscal year goals and ongoing inquiries about bonuses – was leaked, and subsequently went viral. During the Q&A period, I made comments that were intended to rally our team members while answering their questions. Following the town hall, […]

Fifth Third Bancorp Decreases Ownership in Steelcase Inc. as the Company Shows Impressive Earnings Results

In a recent filing, Fifth Third Bancorp revealed that it has decreased its position in Steelcase Inc., a prominent business services provider, by 0.9% during the first quarter of this year. The institutional investor now holds 5,199,000 shares, down from its previous ownership of 5,246,943 shares. This decrease in ownership accounts for approximately 47,943 shares […]

‘The value of comfort’: why La-Z-Boy is recrafting its image

MONROE, Mich. — As it nears its 100th anniversary in 2027, furniture manufacturer and Top 100 retailer La-Z-Boy is re-examining how it connects with consumers. The Monroe, Mich.-based furniture maker and retailer is undergoing a La-Z-Boy brand refresh that will roll out in August. It has secured the services of marketing firm Colle McVoy to provide strategy, design, public relations and […]

MillerKnoll (NASDAQ:MLKN) Anticipates Quarterly Earnings Announcement with Steady Dividend Payout Ratio

MillerKnoll (NASDAQ:MLKN) Prepares to Announce Quarterly Earnings, Maintaining Steady Dividend Payout Ratio July 5, 2023 MillerKnoll (NASDAQ:MLKN), a renowned worldwide provider of interior furnishings, is set to release its quarterly earnings data after the market closes on Wednesday, July 12th. Analysts believe that the company will announce earnings of $0.39 per share for the quarter, […]

Flexsteel Industries: A Strong-Buy Investment Opportunity

In the world of stock analysis, where predictions and speculations shape investment decisions, StockNews.com has shed light on the potential of Flexsteel Industries (NASDAQ:FLXS). The analysts at StockNews.com have recently initiated coverage on the company and have set a “strong-buy” rating on its stock. Flexsteel Industries, a leading furniture manufacturer, made an admirable performance with […]

Steelcase Announces Quarterly Dividend for Q2 2023 and Demonstrates Commitment to Shareholders

Steelcase, a leading provider of office furniture and workspace solutions, has recently announced its quarterly dividend for the second quarter of 2023. Shareholders of Steelcase (NYSE:SCS) will receive a dividend of 10 cents per share, which is scheduled to be paid on July 17, 2023. To be eligible for this dividend payout, investors must have owned […]