Otis Worldwide: Stuck Between Floors? I d anticipate further sideways price action until we see good strength in the OBV line. Stocks quotes in this article: OTIS
For his final Executive Decision segment of
Mad Money Monday night, Jim Cramer checked in with Judy Marks, president and CEO of Otis Worldwide (OTIS) , the elevator maker.
Marks explained that Otis had a phenomenal quarter and first year as an independent company. The company s 69,000 employees around the world provided essential services that led to 1.3% organic growth and an 8% increase in gross profits, she said.
Marks added that growth in China remains strong and China now accounts for 50% of the global market for elevators and services. Otis services are growing 8% in China.
Reply
Jan. 31, 2021
With women vastly underrepresented in STEM and male-dominated industries such as construction, Lt. Governor Susan Bysiewicz, Million Women Mentors Connecticut Chapter state Chairwoman Carolyn Alessi, Paradigm for Parity coalition Founder and Co-chair Jewelle Bickford, state Department of Housing Commissioner Seila Mosquera-Bruno, and Girls for Technology Founder, President and CEO Sabrina Tucker-Barrett today underscored the critical need for introducing young girls to female mentors at a young age to further advance women in these fields and close the gender gap.
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High-skill and high-wage careers in the STEM fields are in high-demand, but too often, women are underrepresented in these industries, resulting in a large gender gap. Women fill close to half of all jobs in the U.S. economy, but they hold less than 25 percent of jobs in science, technology, engineering, and math fields. And of the people working in construction, women comprise only 10.3 p
It’s showtime! AMC Theatres says it will have 98% of its U.S. movie theaters open on Friday as a bunch of theaters reopen in California. Even more theaters are expected to open by March 26 following a year when families stayed home and watched from their couches.
Stocks close sharply higher as Wall Street tries to move past GameStop jitters MarketWatch 2/1/2021
MARKET SNAPSHOT
U.S. stocks ended higher Monday, bouncing after the worst weekly loss since October after worries about frenzied trading in GameStop Corp. and a handful of other heavily shorted stocks sparked a ripple of selling on Wall Street.
How did stocks perform?
The Dow Jones Industrial Average gained 229.29 points, or 0.8%, to close at 30,211.91, after hitting an intraday high of 30,335.91.
The S&P 500 added 59.62 points, or 1.6%, to settle at 3,773.86.
The Nasdaq Composite surged 332.70 points, or 2.6%, touching 13,403.39 at the close.
Stocks on Friday registered their worst weekly declines since the period ended Oct. 30. The Dow closed 3.2% lower for the week, the S&P 500 was down 3.3% and the Nasdaq Composite finished with a weekly slide of 3.5%.
Stocks close sharply higher as Wall Street tries to move past GameStop jitters MarketWatch 2/1/2021
MARKET SNAPSHOT
U.S. stocks ended higher Monday, bouncing after the worst weekly loss since October after worries about frenzied trading in GameStop Corp. and a handful of other heavily shorted stocks sparked a ripple of selling on Wall Street.
How did stocks perform?
The Dow Jones Industrial Average gained 229.29 points, or 0.8%, to close at 30,211.91, after hitting an intraday high of 30,335.91.
The S&P 500 added 59.62 points, or 1.6%, to settle at 3,773.86.
The Nasdaq Composite surged 332.70 points, or 2.6%, touching 13,403.39 at the close.
Stocks on Friday registered their worst weekly declines since the period ended Oct. 30. The Dow closed 3.2% lower for the week, the S&P 500 was down 3.3% and the Nasdaq Composite finished with a weekly slide of 3.5%.