Month: May 2015

Economic Data

U.S. Economy Shrinks In The First Quarter – Economic Highlights

May 29, 2015 0

No major surprises in this morning’s second look at Q1 GDP, with the growth pace revised down into negative territory after the essentially flat reading the first time around. But the revision didn’t come as much of a surprise as trade and inventories data following the initial read a month back had come in even weaker. Other key components of the release related to consumer, business and government spending effectively remained unchanged. […]

Economic Data

GDP Revised to Negative Growth – Ahead of Wall Street

May 29, 2015 0

Friday, May 29, 2015 No major surprises in this morning’s second look at Q1 GDP, with the growth pace revised down into negative territory after the essentially flat reading the first time around. But the revision didn’t come as much of a surprise as trade and inventories data following the initial read a month back had come in even weaker. Other key components of the release related to consumer, business and government spending effectively remained unchanged. […]

Technicals

Can the Rally in Innocoll (INNL) Shares Continue? – Tale of the Tape

May 29, 2015 0

Innocoll AG ( INNL ) has been on the move lately as the stock has risen by 10.3% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on INNL is moving in the right direction. […]

Technicals

New Strong Sell Stocks for May 29th – Tale of the Tape

May 29, 2015 0

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: AAON, Inc. ( AAON ) Amira Nature Foods Ltd ( ANFI ) CBOE Holdings, Inc ( CBOE ) Dr.Reddy's Laboratories Ltd ( RDY ) E Commerce China Dangdang Inc ( DANG ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research […]

Stock Analysts

Veeva Beats Q1 Earnings on Strong Revenues, Stock Down

May 29, 2015 0

Veeva Systems Inc. VEEV reported adjusted earnings of 9 cents per share in the first quarter of fiscal 2016, a penny ahead of the Zacks Consensus Estimate and up 80% from the year-ago quarter. The upside was driven by robust revenue growth, lower operating expenses and margin expansion […]

Stock Analysts

Deckers’ Q4 Earnings Top Estimates; Projects Wider Q1 Loss

May 29, 2015 0

Deckers Outdoor Corporation DECK posted fourth-quarter fiscal 2015 earnings of 4 cents a share that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents reported in the year-ago quarter. The better-than-expected bottom-line performance was backed by higher net sales, partially offset by subdued gross margin. The company’s net sales came in at $340.6 million, ahead of the Zacks Consensus Estimate of $321 million […]

Stock Analysts

Sanderson Farms Q2 Earnings & Revenues Miss, Up Y/Y

May 29, 2015 0

Premium consumer goods company, Sanderson Farms, Inc. SAFM , reported lower-than-expected results for second-quarter fiscal 2015. Quarterly earnings of $3.13 per share missed the Zacks Consensus Estimate of $3.50 by 10.6%, but surged 41.6% year over year on the back of lower feed costs and fall in grain costs […]