cactus
Key Points Cactus’s acquisition of Flexsteel is progressing better-than-expected.The company raised guidance and authorized a substantial share repurchase program.Analysts and institutions put a bottom in the stock and the rebound is on.5 stocks we like better than Baker HughesCactus (NYSE:WHD) expected the acquisition of Flexsteel to be accretive in the first year, and the execs were more than right. The Q1 results were good enough but came with solid guidance for Q2, which is now improved. The company issued a new investor presentation outlining the company’s progress, and the progress is go...
ValueWalk
Paris (AFP) - Sixty percent of cactus species will wind up in less hospitable climates over the coming decades as global warming sets in, according to new research challenging the long-held assumption the iconic desert plants will thrive with more heat. By 2070, up to 90 percent could be threatened with extinction due to climate change, habitat loss and other stressors, triple the current percentage, scientists reported in Nature Plants. Some 1,500 species of cacti spread across the Americas live in varying climes, ranging from sea-level deserts to the high Andes mountains, from bone-dry ecosy...
AFP
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