By: Michael White Both Quest and Lab Corp have now reported earnings and have traded off significantly. Quest was off 8.3% Tuesday on a top-line revenue miss of 2% versus the street. LabCorp traded off 2% in sympathy Tuesday before reporting an earnings beat (revenue and EPS) Wednesday before trading off another 5% bringing the…
By: Gene Bazemore The heavy-duty trucking sector has benefited from sustained growth in the broader industrials market. In this quarterly update, the Founders’ Industrials team discusses these growth drivers, new vehicle build trends, and relative market share from key manufacturers. As seen in the chart below, class 8 truck production is expected to reach all-time…
In just a few short weeks school will start back at Restoration Academy, and the Founders team wanted to help prepare them for another successful school year. Restoration Academy was started in 1988 by Dr. Anthony Gordon in response to divisive forces such as crime and violence that had ensnared many of the young people…
By: J .Wesley Legg Cash is King, however, the highest offer doesn’t always seal the deal. This is especially the case when the seller is a founder-based company, i.e., the seller is the founder or an heir of the founder. Founders, of course, want to maximize value, but that is generally not their sole focus,…
By: Michael White Another piece to the puzzle relating to Amazon’s plans for the healthcare space fell into place today with the announcement that Amazon was acquiring an online pharmacy, PillPack, for ~$1 billion. The online pharmacy sorts prescriptions by dosage and ships the medications to consumers that are managing multiple prescriptions. The acquisition of…
Welcoming new analysts and summer analysts, the Founders team gathered to enjoy America’s favorite pastime. It was a great game in the middle of a five-game set against the Chattanooga Lookouts, where the Barons shut out the Lookouts with a 3-0 victory. [Best_Wordpress_Gallery id=”27″ gal_title=”2018 Bullpen Barons Night”] About Founders Founders Advisors (Founders)…