Month: August 2015

Economic Data

ADP Jobs Results Come in Light – Ahead of Wall Street

August 5, 2015 0

Wednesday, August 5, 2015 Stocks appear on track to start today’s session in the green, with the soft(ish) labor market reading from ADP ( ADP ) likely impacting expectations for the government jobs report on Friday. Labor market readings are particularly important at present as they are believed to be key to the Fed’s decision to start the rate hiking process next month or delay it to a later date. The ADP jobs report came short of expectations […]

Technicals

Wendy’s (WEN) Misses Q2 Earnings, Revenues Beat – Tale of the Tape

August 5, 2015 0

The Wendy's Company ( WEN ) is one of the leading quick-service restaurant companies that serves hamburgers, chicken breast sandwiches and wraps, chicken nuggets, chili, baked and French fried potatoes, freshly prepared salads, soft drinks and Frosty desserts. The company has been focusing on its system optimization initiative since 2013. The system optimization initiative is aimed at changing the business to a franchise-based model […]

Technicals

New Strong Buy Stocks for August 5th – Tale of the Tape

August 5, 2015 0

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: A10 Networks Inc ( ATEN ) ACCO Brands Corporation ( ACCO ) The Advisory Board Company ( ABCO ) American River Bankshares ( AMRB ) Applied Optoelectronics Inc ( AAOI ) View the entire Zacks Rank #1 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days […]

Technicals

New Strong Sell Stocks for August 5th – Tale of the Tape

August 5, 2015 0

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Allot Communications Ltd ( ALLT ) Anheuser Busch Inbev SA ( BUD ) B/E Aerospace Inc ( BEAV ) Berry Plastics Group Inc ( BERY ) Carpenter Technology Corporation ( CRS ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days […]

Technicals

Otter Tail Corporation (OTTR) Jumps: Stock Up 8.7% – Tale of the Tape

August 5, 2015 0

Otter Tail Corporation ( OTTR ) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The upside came after the company reported better-than-expected earnings of 36 cents per share for second-quarter 2015. The news led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $25.40 to $27.38 over the past one-month time frame […]

Technicals

Ralph Lauren (RL) Jumps 4% on Q1 Earnings & Sales Beat – Tale of the Tape

August 5, 2015 0

Ralph Lauren Corporation ( RL ), a designer, marketer and distributor of lifestyle products, released first-quarter fiscal 2016 results, wherein adjusted earnings of $1.09 a share surpassed the Zacks Consensus Estimate of $1.00. However, the bottom line declined 39.4% from $1.80 a share earned in the year-ago quarter. Ralph Lauren reiterated its forecast for fiscal 2016, anticipating constant-currency revenue growth in the mid-single digits range. […]

Stock Analysts

Disney’s Q3 Earnings Beat Estimates, Revenues Falter

August 5, 2015 0

The Walt Disney Company DIS reported third-quarter fiscal 2015 earnings per share of $1.45 that rose 13% year over year and beat the Zacks Consensus Estimate of $1.39 by a wide margin, marking the eighth consecutive quarter of earnings beat. !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^https:/.test(d.location)?’https’:’http’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+”://cdn1.findthebest.com/rx/widgets.js”;fjs.parentNode.insertBefore(js,fjs);}}(document,”script”,”ftb-widgetjs”); In spite of growing 5% year over year, revenues of $13,101 million came in a tad below the Zacks Consensus Estimate of $13,169 million, leading to a 7% drop in share price in after-market trading. […]

Stock Analysts

Incyte Q2 Loss Narrower-than-Expected, Ups Jakafi Outlook

August 5, 2015 0

Incyte Corporation INCY reported a loss of 10 cents per share in the second quarter of 2015 (excluding unrealized gain on long term investment), narrower than the Zacks Consensus Estimate of a loss of 12 cents and the year-ago loss of 22 cents. Revenues shot up 63.7% from the year-ago period to $163 million, beating the Zacks Consensus Estimate of $152 million. Revenues were driven by Jakafi’s performance […]

Stock Analysts

First Solar Shines on Q2 Earnings Beat; Revenues Soar

August 5, 2015 0

First Solar Inc. FSLR reported adjusted second-quarter 2015 earnings of 52 cents a share (after adjusting for a $42 million benefit from discrete tax item), sweeping away the Zacks Consensus Estimate of 7 cents by 643%. In the prior-year quarter, First Solar had generated earnings of 4 cents per share. […]

Stock Analysts

Pioneer Natural Beats on Q2 Earnings, Ups ’15 Capex View

August 5, 2015 0

Pioneer Natural Resources Company PXD reported second-quarter 2015 adjusted earnings of 10 cents per share, which comfortably surpassed the Zacks Consensus Estimate of 3 cents on strong production growth. However, the bottom line deteriorated substantially from the year-earlier adjusted income of $1.35. The decline was mainly due to lower price realizations. […]