AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Aspida Life Re Ltd apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Publix Super Markets Inc. reported big gains in sales and earnings, as consumers eating at home during the COVID-19 pandemic continued to stock up at its supermarkets.
Lakeland-based Publix reported last week that fourth-quarter sales rose 14.8% to $11.2 billion, with about $850 million in additional sales related to the pandemic impact.
Adjusted earnings rose by 39 cents a share to $1.32.
Sales for all of 2020 rose 17.7% to $38.1 billion, including $4.6 billion attributed to pandemic-related sales. Adjusted earnings rose by $1.60 to $5.27 a share.
At the end of 2020, Publix operated 1,264 supermarkets in seven states, including 816 in Florida.
Publix also said its stock price increased from $57.95 on Nov. 1 to $60.20 as of March 1.
Maple Street Biscuit Company expansion slows; Fidelity title business jumps | Jax Daily Record | Jacksonville Daily Record jaxdailyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jaxdailyrecord.com Daily Mail and Mail on Sunday newspapers.
Dream Finders Homes Inc.’s initial public offering was a smash hit on Wall Street, with the stock more than doubling in price when it began trading a month ago.
But as analysts weighed in last week with their first reports on the Jacksonville-based homebuilder, the stock cooled.
Three analysts rated it at the equivalent of a “hold” and another rated it as “underperform.”
Dream Finders sold 11.04 million shares of Class A common stock at $13 each and the stock jumped higher immediately when it began trading Jan. 21. It eventually reached a high of $31.98 two weeks ago.
The analysts have a high opinion of the company but think its market price has been too high since the IPO.
FNF Group: 4Q Earnings Snapshot | MarketScreener marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.