He also defended the group’s decision to not recall dryers sooner by claiming that many cases had been dealt with "faster and sooner" by a safety fix. The majority (73%) had requested a replacement, the company said. The company has recently gone public via a special purpose acquisition company SPAC through a merger with a shell company, Tortoise Acquisition II Corp (NYSE: SNPR). The above four companies are well-positioned to benefit from this super trend.This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. AMD attributed the revenue outperformance to strengthening revenues in the computing and graphics segments.On Nov. 18, Nvidia reported a third-quarter earnings beat. “Overall, we believe that the data from both companies is strongly indicative of the efficacy potential of gene therapy for inherited retinal disease, and although differences in the study design makes direct comparisons difficult, we believe that AGTC could have a competitive advantage heading into pivotal studies,” he commented.In line with his optimistic approach, Jallah reiterated a Buy rating and $30 price target, indicating 568% upside potential. Now that companies have settled into remote work for many employees, they’re investing in gear to make that more efficient.“The global pandemic has forced businesses to rethink everything from remote work and collaboration to business continuity and data insight,” Neri said in the statement. It reported a loss of $0.76 per share compared to the year-ago loss of $0.45 per share. Other Maytag Corporation Recalls. Meanwhile, Whirlpool’s vice-president Jeff Noel apologised in an interview with the BBC to customers who have been affected by the dangerous products, which the group has sold for 11 years in the UK. No injuries or property damage have been reported. Despite the recent bounce in oil prices, Byrne said he does not anticipate Occidental being under 3x leverage until 2025. That compares with an average analyst prediction of 35 cents, according to data compiled by Bloomberg. Benzinga does not provide investment advice. Costco is great for buying things cheap, but there are certain items you should not buy there under any circumstances... Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.We surveyed a group of over 400 investors on whether shares of AMD (NASDAQ: AMD) or Nvidia (NASDAQ: NVDA) stock would grow the most by 2025. Whirlpool ® products and appliances help you care for your family . “We see the opportunity for PLUG to leverage its fueling expertise into these areas and see the potential for its hydrogen fuel business to become substantially bigger than its hardware business over the next decade.”In Europe, there is a growing emphasis on a shift to alternative energies; The decarbonization of airports and ports is high on the European Green Deal‘s agenda with a “specific emphasis on green hydrogen and electrification.”Rusch believes that in addition to the deal expanding Plug Power’s footprint in the region, the supplementary revenue stream “de-risks 2021/2022 estimates.”Furthermore, the “integrated solution (engines and electrolyzers), provides PLUG multiple paths to achieving its $1.2B revenue target in 2024.”Overall, Rusch rates PLUG an Outperform (i.e. WHIRLPOOL has finally launched a recall scheme for up to 80,000 fire-risk tumble dryers after the government made an “unprecedented” move to force it into action. On Monday, the company announced a new joint initiative with French transportation engineering company Gaussin. HPE also reported quarterly revenue that topped analysts’ predictions, suggesting that businesses are upgrading their data-center hardware during the coronavirus pandemic.HPE was created in the 2015 split of one of the consummate Bay Area technology companies, Hewlett-Packard Co., which was founded in 1939 in a Palo Alto garage. If you’re on the lookout for a resounding success story in 2020, look no further than Plug Power (PLUG). Airlines stocks have shown signs of a turnaround over the last month. Hewlett Packard Enterprise to Leave Silicon Valley for Texas, 11 Stocks Turned $10,000 Into $886,343 In 11 Months, 2.25% FIXED Mortgage Refi, No Hidden Fees/Points, Tesla's valuation has gotten 'out of control': Miller Tabak strategist, Nikola Bites The Dust, Hyllion Might Follow Suit, Plug Power’s Outlook Seems Brighter Following Gaussin Deal, Says Analyst. Last month, the Office for Product Safety and Standards (OPSS) took an "unprecedented" step by ordering a non-governmental affiliated company to recall products. It should not be construed as investment advice at any time please read the full disclosure. A "Small BEV (Battery Electric Vehicle)" will be available in the range between $24,000 and $30,000. Whirlpool has been made to recall some of its tumble dryers. The company said sales will decline from the preceding period at a percentage in the mid-single digits, in line with normal seasonal patterns. HK's Joshua Wong and pro-democracy activists jailed, The case that could define China's #MeToo movement, 'One boy stood out to me - he's now my son', 'I wake up wondering if I still have a job', Why it feels like a government without a majority, 'We've lost a day of trade' over lockdown end date. Postal Service contract.What Happened: The USPS is delaying its contract decision on the USPS replacement vehicles, according to Trucks.com.The USPS told Trucks it expects to make a decision in the second fiscal quarter of 2021. More and more people are shifting toward EVs, with the main reasons being cost-efficiency, improved battery life, and enhanced performance. According to Jallah, “initial responses were observed in dose Groups 2, 3, 4, 5 and 6, with impressive response durability even at 12 months.”On top of this, at 6 months, the dose used in Group 5 resulted in a 43% response rate or a 57% response rate if excluding a patient not meeting the enrollment criteria. "Nothing matters more to us than people's safety, so it is absolutely vital that we can identify where these affected dryers are and resolve the issue," said Jeff Noel, Whirlpool vice-president. The guidance incorporates the full quarter impact of the new 3Q investments as well as new mezz investments made in October. Rachel Reeves, who chairs the influential Business Committee of MPs, told the BBC that - despite an improvement in Whirlpool's handling of the case - concerns remained. Read about our approach to external linking. This would make it cheaper than Volkswagen's ID.3 electric car that was launched for sale in September. (See KRP stock analysis on TipRanks)NexPoint Real Estate Finance (NREF)NexPoint inhabits the real estate trust niche, investing in mortgage loans on rental units, both single- and multi-family occupancy, along with self-storage units and office spaces. But the reality is that Nikola has not produced any products yet and doesn't even possess a manufacturing factory where it intends to produce the competitor to Tesla's Cybertruck sometime by 2022.Hyllion Might Be Subject To A SEC Investigation Hyllion Holdings Corp (NYSE: HYLN) designs, develops and sells electrified powertrain solutions, particularly electrified powertrain solutions for Class 8 commercial vehicles. At that rate, the dividend yields ~10%,Covering the stock for Raymond James, analyst John Freeman noted, “Despite a strong quarterly performance and a nearly 50% distribution raise in 3Q, the market continues to under appreciate the unique value proposition of Kimbell's assets, in our view. A signed cheque eventually arrived, two months after the incident, but only after calls to Whirlpool chasing them up for the money. The UK government has ordered Whirlpool to implement an “unprecedented” product recall of around half a million tumble dryers. Running the tickers through TipRanks’ database, both have been cheered by the rest of the Street as well, as they boast a “Strong Buy” analyst consensus. Whirlpool could recall up to 800,000 faulty dryers after it was found that they were a potential fire risk.. (C) 2020 Benzinga.com. Short squeezes are large, short-term spikes in a stock that can occur when short sellers exit their positions all at once by buying shares of stock. "We believe OXY is now discounting $53-55/bbl WTI going forward (significantly above the forward curve), and we see more compelling better risk/reward elsewhere in the group," the analyst said. Since then, the shares are down 13%. Benzinga does not provide investment advice. For now, however, he said any incremental FCF that Occidental generates will go to debt reduction.Benzinga's Take: It's not often an analyst will downgrade a stock to Sell and simultaneously raise their price target by 20%. A free replacement dryer with no extra charges for collection or disposal of the old machine, A free, one-hour modification of the old machine, A discounted upgrade to a higher specification model than the free replacement, A partial refund of up to £150, with owners of older machines getting less than those with newer ones. Press Releases - If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors - IAM Newswire accepts pitches. Headquartered in the United States, Whirlpool is the leading brand in home appliances. Published 12 September 2019. (Adds other companies leaving the Bay Area starting in eighth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Those opposed are quick to point out that there could be a very real reason these stocks are changing hands for pocket change, with the low share prices often masking obstacles like weak fundamentals or troubling headwinds. In November, it increased its planned investment in electrification to $86 billion over the next half of a decade. These pros bring experience and in-depth knowledge to the table.With this in mind, our focus turned to two penny stocks that have received a thumbs up from Roth Capital analysts. Buy) along with a $23 price target. Whirlpool said it took a week, on average, for customers to receive a new dryer, modification, or refund from the point they make their choice. Major American multinational manufacturer Whirlpool (WHR) has recalled around 500,000 tumble dryers after the UK government ordered the group to take action over the models being a fire risk. Thank you for your inquiry. It is very important to do your own analysis before making any investment. Dangerous dryers under the Hotpoint, Indesit, Creda, Swan and Proline brands were sold in the UK for 11 years. Since the start of the recall 65,000 affected dryers have been located, offers for a resolution have been made on 63,000 of them, with 42,000 of them having been repaired, replaced or refunded so far. This stock is priced at $7.21, and its $11 average target is even more bullish than Freemans, suggesting a one-year upside of ~52%. She said that the committee was worried about the number of potentially dangerous machines that remained in people's homes, and that the modification process was "not as good as it should be", with reports of supposedly safe dryers still catching fire - something which Whirlpool denies.