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Smith & Wesson Brands: Strong Growth Supports The Bull Case (NASDAQ:SWBI)

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Smith & Wesson Brands: Strong Growth Supports The Bull Case (NASDAQ:SWBI)

This article was written by

I am a specialist in Asian equities after having been a sellside analyst for 13 years. In addition, I have also spent time covering US hardware and semiconductor stocks on the sellside. Within Asia, I have covered the casino, automotive, industrial, consumer and technology sectors. I have also worked on the buyside as a fund manager in long only and as an analyst in hedge funds all covering Asian equities where I have developed a keen understanding of Asian companies and economies with a focus on China. From a global equities perspective, I enjoy covering companies globally by examining key metrics such as financial statements strength, valuation upside, and conducting proper analysis of the competitive advantages of the company. Throughout my career, I have found and written on undiscovered small cap companies which have increased in equity value by multiple times. I would like to write for Seeking Alpha where my goal is to help investors cut through the noise and to focus on fundamentals and the company’s competitive outlook instead of the momentum trade.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Bonus issue alert! Brigade Enterprises sets record date for 1:3 bonus share reward

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Bonus issue alert! Brigade Enterprises sets record date for 1:3 bonus share reward
Bengaluru-based real estate developer Brigade Enterprises has fixed June 17 (Wednesday) as the record date for its bonus issue in the ratio of 1:3, which has now received shareholder approval.

In an exchange filing released on Monday, Brigade Enterprises announced that its shareholders approved the issue of bonus shares through postal ballot by way of e-voting on June 7. Only those shareholders who own shares of the real estate company in their demat accounts as on the record date will be eligible to receive the bonus shares.

Earlier in May, Brigade Enterprises announced its first bonus issue in around seven years, coinciding with the release of its Q4 results. It had said that its board has approved the plan to issue one bonus share with a face value of Rs 10 each for every three shares held in the company as on the record date.

The company approved the plan to increase its share capital from Rs 250 crore, divided into 25 crore shares, to Rs 400 crore, divided into 40 crore shares.

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Also read: Brigade Enterprises set to reward 1.5 lakh retail shareholders, check details


A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add shares of the company to their portfolio.

Brigade Enterprises share price

Brigade Enterprises shares gained nearly 1% on Tuesday morning to trade at Rs 647.50 apiece on NSE. The shares have fallen nearly 15% in one month and are down around 28% in 2026 so far.
In the longer term, the shares of the company gained 18% in three years and 140% in five years. The company currently has a market capitalisation of more than Rs 15,862 crore.At the end of the financial year 2026, promoters and promoter group held 41% stake in the company, while the remaining 59% stake was held by the public and institutions. Out of this, nearly 1.5 lakh retail investors held around 4% stake in the company, according to NSE’s data on the company’s shareholding pattern as on March 31, 2026.

Brigade Enterprises Q4 Results

Brigade Enterprises in May reported a consolidated net profit of Rs 190 crore for the fourth quarter of the financial year 2025-26, compared to Rs 249 crore a year ago. Its revenue meanwhile declined to Rs 1,523 crore from Rs 1,532 crore a year earlier.

Along with the Q4 results and bonus issue, Brigade Enterprises also announced a final dividend of Rs 2 per equity share for the financial year 2026.

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Also read: Infosys dividend alert! Last date to buy IT giant’s shares to secure Rs 25/sh payout

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Thor Energy records up to 3% natural hydrogen at HY-Range project

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Thor Energy records up to 3% natural hydrogen at HY-Range project

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Redington shares rally 5% after Apple unveils new features at WWDC 2026

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Redington shares rally 5% after Apple unveils new features at WWDC 2026
Shares of Redington surged nearly 5% on Tuesday after Apple unveiled a completely rebuilt Siri at its Worldwide Developers Conference (WWDC) 2026, along with a host of features and OS updates.

The company rolled out the next-generation Apple Intelligence features, AI-powered photo editing tools, enhanced child-safety capabilities and software updates across iPhone, iPad, Mac, Apple Watch and Vision Pro.

Redington has been a key Apple distribution partner since 2007, handling the logistics, warehousing and distribution of Apple products to retailers and resellers across India, the Middle East, Turkey, Africa and South Asia.

Redington shares sharply surged to an intraday high of Rs 241 apiece on NSE on Tuesday morning, snapping a two-session losing streak. Notably, Apple shares meanwhile closed around 2% lower after its annual conference.

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New Apple features unveiled at WWDC 2026

In what was Tim Cook’s last WWDC as the Apple CEO, the company on Monday unveiled a much-awaited overhaul of Siri, introducing a more conversational, context-aware version of its digital assistant as the company seeks to catch up with AI rivals including ChatGPT, Gemini and Claude.

The new model called ‘Siri AI’ will now come with a dedicated app, a redesigned interface and improved conversational abilities. According to Apple, it can understand a user’s personal context, access broad world knowledge and even understand what is currently on a user’s screen.


Also read:
Siri gets an AI makeover, its biggest upgrade since 2011 debut
Apple also unveiled the next generation of Apple Intelligence, built on updated Apple Foundation Models that power Siri, image generation, writing assistance and reasoning capabilities. It also significantly expanded its Visual Intelligence, bringing image understanding capabilities to more devices. On the iPhone, Siri can now analyse what users see through the Camera app and answer questions about objects, locations and food. The assistant can also perform actions such as splitting restaurant bills using Apple Cash.

Why are Redington shares rising?

Redington has a long-standing partnership with Apple, dating back to a 2007 distribution agreement for Apple products in India. Redington manages logistics, warehousing, and distribution to resellers and retailers across India, the Middle East, Turkey, Africa, and South Asia. It is one of Apple’s key official national distributors and supply-chain partners in India.
Redington in May reported a consolidated net profit of Rs 391 crore for the January-March quarter of FY26. This is over 41% lower than the Rs 666 crore net profit reported in the corresponding quarter of the previous financial year. The firm’s revenue from operations, meanwhile, increased nearly 26% YoY to Rs 33,213 crore during the quarter under review.

Also read:
Siri AI, Apple Intelligence, child safety tools and more — Biggest announcements from Apple

Redington share price

Redington shares have gained over 6% in one month but declined around 14% in 2026 so far. The stock is down 17% in one year. In the longer term, the shares of the tech company jumped 28% in three years and more than 74% in five years.

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The company currently has a market capitalisation of more than Rs 18,537 crore.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Oxford Lane Capital Is One Of The Worst Prospects On The Market (NASDAQ:OXLC)

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Dynex Capital May Continue To Disappoint

This article was written by

Daniel is an avid and active professional investor.
He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham’s investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Verizon Down Today? Verizon Faces Reports of Service Disruptions for Some Customers on June 9, 2026

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The tech sector led record gains in the S&P 500 index. Pictured: a man with umbrella walks past the New York Stock Exchange.

NEW YORK — Verizon Communications Inc. customers reported connectivity issues with wireless services Tuesday, prompting the telecommunications giant to monitor the situation as isolated complaints surfaced online.

The reports emerged around early morning Eastern Time, with users noting difficulties making calls, sending texts or accessing mobile data in various locations. A monitoring account on X, formerly Twitter, highlighted the complaints, directing users to a community forum for discussion.

According to the DesignTAXI community post linked in social media alerts, issues began surfacing around 12:27 a.m. ET based on tracking data. Subscribers shared experiences of network disruptions, though the scale appeared limited compared to previous widespread outages.

Downdetector, a site that aggregates user reports, showed no major spike indicating a nationwide outage as of Tuesday afternoon, with current data reflecting normal operations for most services. Verizon’s own network status tools also did not flag broad problems.

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Verizon, one of the largest U.S. wireless carriers serving millions of customers, has not issued a public statement specifically addressing Tuesday’s reports. The company typically investigates such complaints through its engineering teams and provides updates via its website or official social channels when disruptions affect a significant number of users.

This latest episode comes amid ongoing scrutiny of telecom reliability following several notable service interruptions earlier in 2026. In January, Verizon experienced a major nationwide outage lasting nearly 10 hours that disrupted voice, text and data services for hundreds of thousands of customers across the country. Reports peaked at over 175,000 on Downdetector, with many phones displaying “SOS” mode instead of regular signal bars.

That January disruption, which began shortly after noon ET on Jan. 14, impacted major metropolitan areas from New York to Seattle. Verizon later attributed it to a software issue and confirmed it was not related to cybersecurity. The company resolved the problem by late evening and offered affected customers a $20 account credit.

” We are aware of an issue impacting wireless voice and data services for some customers. Our engineers are engaged and are working to identify and solve the issue quickly,” Verizon stated during the January event. Officials emphasized the importance of reliable connectivity and apologized for the inconvenience.

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Telecom experts note that even minor service hiccups can have outsized effects in an increasingly connected world. Mobile networks support everything from emergency communications and remote work to navigation and financial transactions. Federal regulators, including the Federal Communications Commission, require carriers to maintain robust systems and report significant outages.

For customers experiencing problems Tuesday, standard troubleshooting steps recommended by Verizon and industry sources include:

  • Restarting the device.
  • Toggling airplane mode on and off.
  • Checking for software updates.
  • Ensuring the SIM card is properly seated.
  • Testing with Wi-Fi calling if available.

Users in areas with potential coverage gaps may also switch to another carrier’s network temporarily via roaming, though this depends on their plan.

Verizon operates one of the most extensive 5G networks in the United States, covering a vast majority of the population. The company has invested heavily in expanding mid-band spectrum and fiber infrastructure to support growing demand for high-speed data. However, like all carriers, it faces challenges from network congestion, infrastructure maintenance and external factors such as weather or fiber cuts.

Tuesday’s reports echo smaller, localized issues that carriers handle routinely. Social media often amplifies such complaints, creating the perception of broader problems. Accounts like @status_is_down specialize in flagging these events to reassure users they are not isolated.

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Industry analysts suggest that as reliance on wireless services grows, transparency from providers becomes increasingly important. Past outages have sparked discussions about backup communication methods, including satellite-based services like those offered by Starlink or emergency landlines.

Verizon customers can check for localized issues using the company’s network status page or by contacting support. The carrier also maintains apps and account portals for real-time notifications.

Broader context in the telecommunications sector shows continued consolidation and investment. Verizon reported strong financial performance in recent quarters, driven by postpaid phone additions and fixed wireless access growth. The company competes fiercely with AT&T, T-Mobile and emerging players in the 5G space.

For businesses and individuals dependent on uninterrupted service, experts recommend diversifying providers or using secondary devices. Public safety officials often advise keeping charged backup phones or satellite messengers for emergencies.

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As of Tuesday afternoon, no widespread resolution announcement had been issued for the reported issues, and Downdetector indicated typical complaint volumes. Users are encouraged to report problems directly to Verizon for faster troubleshooting.

This situation underscores the critical role of mobile networks in daily life and the need for resilience against both minor glitches and major failures. Verizon, with its extensive infrastructure, remains a backbone for communications across the U.S., but incidents like these highlight ongoing challenges in maintaining perfect uptime.

Customers affected by any service disruption are typically eligible for credits or adjustments, depending on the duration and impact. Past precedents suggest Verizon will investigate Tuesday’s reports thoroughly.

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Panel approves ARK Group’s $3m Brisbane Hotel upgrade plan

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Panel approves ARK Group’s $3m Brisbane Hotel upgrade plan

One of the oldest running pubs in the state is set for a multi-million-dollar upgrade, in hopes to become a home for the Perth Bears.

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Gabriel Raimondo, 18, wins deputy seat in election

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Gabriel Raimondo, 18, wins deputy seat in election

He becomes Jersey’s youngest ever politician after campaigning heavily on the cost of living.

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Inflation Readings, Oracle Earnings, the SpaceX IPO, and More to Watch This Week

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PCE, Walmart, Palo Alto, Analog Devices, Deere, and More to Watch This Week

Inflation Readings, Oracle Earnings, the SpaceX IPO, and More to Watch This Week

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Irish Sea windfarm site going out to tender as Crown Estate hopes for new Morgan developer within months

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Morgan site sits 30km off the Fylde coast

Wind turbines at sea

The Crown Estate says offshore wind is ‘a key industrial sector’ for the UK(Image: PA)

A huge windfarm site in the Irish Sea is set to go back out to tender again next month with the aim of naming a new developer by the end of the year.

The Morgan offshore wind site was originally brought to market through Offshore Wind Leasing Round 4 in 2021, but in January the original developer pulled out.

The Crown Estate says it has since been reviewing options for the site, which it says could help create thousands of jobs and provide up to 1.5 million homes with “clean, homegrown energy”. It will launch a competitive tender process next month and plans to award the site to a developer in late 2026. More details about the site conditions, tender process and commercial model will be published soon.

The Crown Estate says the Morgan process is separate to Leasing Round 6, which is set to launch that year, and will not affect the timeline of that round.

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The Morgan site sits some 30 miles off the Fylde coast. Cables would come onshore near Blackpool Airport and reach to Penwortham, Preston. A Development Consent Order (DCO) was secured for the windfarm in August 2025 and the Morgan team is now awaiting a decision on the DCO application for its transmission assets. A decision on that bid, a joint application with the transmission assets of the 480MW Morecambe offshore windfarm, is expected this September.

Gus Jaspert, managing director, marine, at The Crown Estate, said: “Offshore wind is a key industrial sector for the UK, acting as a significant driver of clean, secure, domestic energy and economic growth and Morgan can play an important role in advancing this national success story.

“We’re pleased to be bringing this site back to market, following considered assessment of a range of options, and look forward to securing a new developer to realise its potential.”

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Savannah Shares Emotional Message of Resilience for Kids Amid Mom’s Disappearance

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Wordle puzzle

Savannah Guthrie, co-anchor of NBC’s “Today” show, opened up Monday about balancing profound grief with everyday life for her two young children more than four months after her mother Nancy Guthrie was abducted from her Arizona home.

The 84-year-old Nancy Guthrie was reported missing from her residence in the Catalina Foothills area near Tucson on Feb. 1, in what authorities have described as an abduction. As the search continues with no resolution, her daughter shared candid reflections during an emotional segment on “Today with Jenna & Sheinelle.”

Guthrie, 52, guest co-hosted the June 8 episode alongside longtime friend Jenna Bush Hager. She discussed returning to the morning show in April while navigating the ongoing family tragedy, drawing on her faith for strength.

“There’s this famous scripture about you’ll soar on wings like eagles, but there’s a part of it which says, ‘You’ll walk and not grow faint,’” Guthrie said. “There’s a time in life when just walking and not growing faint is about as good as it can get. And that’s what I feel like I’m doing. I’m trying to walk and not grow faint.”

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She described the challenge of holding both sadness and joy simultaneously, a message she has tried to share with her children, daughter Vale, 11, and son Charley, 9.

“Like so many people out there, you can hold all of these things together,” she continued. “I try to tell my kids that too. We can hold our sadness, and we can hold our joy. And if you don’t believe it, just watch me. I’ve been trying so hard to hold it together, and I promise I will.”

Guthrie became visibly tearful as she spoke about finding solace in her work. “It’s a gift from God that I’m able to do so. But it’s always with me. I cry every morning on the way to work, and I cry every morning on the way home. And I’m grateful to have good friends and to be able to come to such a beautiful, joyous and supportive place,” she said.

The disappearance has captivated national attention since early February. Authorities believe Nancy Guthrie was taken from her home in the early morning hours of Feb. 1. Evidence includes her pacemaker disconnecting around 2:28 a.m., doorbell camera footage of a masked figure, and other forensic indicators pointing to an abduction rather than a voluntary departure.

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Pima County Sheriff’s Department and the FBI have led the investigation, pursuing thousands of tips and leads. The family has offered a substantial reward — up to $1 million — for information leading to her safe return, with additional contributions from federal authorities. A tip line at 1-800-CALL-FBI remains active.

As of early June 2026, Nancy Guthrie has not been located, and the investigation remains ongoing with no arrests announced. Sheriff Chris Nanos and federal partners have maintained that they continue to treat the case actively, though public updates have been limited in recent weeks.

Guthrie has spoken previously about her efforts to communicate with her children amid the uncertainty. In earlier interviews, she referenced their questions for updates and the family’s attempts to provide what certainty they could while allowing space to grieve.

The high-profile nature of the case has brought both support and scrutiny. Guthrie temporarily stepped away from her duties, including planned coverage of the 2026 Winter Olympics, to focus on the search and family matters before returning to the anchor desk in April.

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In Monday’s conversation, she credited the supportive environment at NBC and her personal faith with helping her persevere. Bush Hager, who has known Guthrie for years, offered empathy during the segment, highlighting their close bond strengthened through the ordeal.

The case has involved extensive searches, forensic analysis including DNA testing from evidence at the home, and community appeals. Investigators have reviewed security footage from neighbors and urged the public to come forward with any information, no matter how small.

For Guthrie’s family, including her siblings, the prolonged uncertainty has been particularly difficult. The journalist has used her platform at times to issue public appeals, emphasizing hope and the possibility of her mother’s return.

Parenting through such trauma presents unique challenges. Experts in child psychology note that maintaining routines and open, age-appropriate communication can help children process grief and fear when a loved one goes missing. Guthrie’s approach of modeling resilience appears aimed at reassuring her children that emotions can coexist.

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” We can hold our sadness and we can hold our joy,” remains a central theme in her recent comments, reflecting a philosophy of endurance drawn from scripture and personal experience.

The broader Tucson community and national audiences have followed developments closely. Memorial efforts and public vigils have occurred, though local tensions in the neighborhood occasionally surface amid the prolonged media presence.

Guthrie’s return to daily broadcasting has been marked by both professional commitment and personal vulnerability. Colleagues have described the newsroom as a place of collective support during her appearances.

As the search enters its fifth month, authorities continue to appeal for tips. Forensic work, including advanced DNA analysis, is ongoing, with hopes that technological advances or a key witness could provide a breakthrough.

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Nancy Guthrie, a mother of three, was last seen the evening of Jan. 31 after spending time with family. Her pacemaker data and other home indicators helped establish the timeline of the suspected abduction.

For Savannah Guthrie, the dual demands of public life and private mourning continue. Her Monday comments offered a window into the daily reality many families facing missing loved ones endure — pushing forward one step at a time.

“I cry every morning on the way to work, and I cry every morning on the way home,” she shared, underscoring the persistent emotional weight even as she recommits to her role.

The story serves as a reminder of the human impact behind high-profile missing persons cases. While law enforcement works methodically, families like the Guthries rely on community support, faith and inner strength to endure.

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Anyone with information about Nancy Guthrie’s disappearance is urged to contact the FBI or Pima County Sheriff’s Department. The family continues to hope for answers and a safe reunion.

Guthrie’s willingness to discuss her journey publicly may offer encouragement to others in similar situations, demonstrating that “walking and not growing faint” can be a powerful act of perseverance.

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