Stock Analysts

Accenture (ACN) Q1 Earnings Miss Estimates, Revenues Top

Accenture plc ACN reported first-quarter fiscal 2016 earnings per share of $1.28, which missed the Zacks Consensus Estimate of $1.31 per share. Also, on a year-over-year basis, earnings decreased 1% from $1.29 per share. The year-over-year decrease was primarily due to the negative impact of a higher tax rate […]

Stock Analysts

Fed Rate Hiked to 0.25-0.50%, Time for Banks to Rejoice?

On Wednesday, at the Federal Open Market Committee (FOMC) Meeting, the Federal Reserve announced the most awaited increase in the benchmark federal funds rate after more than nine years. The interest rate was hiked to 0.25%-0.50% from zero since December 2008. Notably, following the 2008 financial crisis and the Great Recession, which came to end in mid-2009, the FOMC decreased the rate to zero almost seven years ago on Dec 16, 2008. […]

Stock Analysts

Ally Financial Partners with Beepi to Finance Used Cars

After revealing its plans to “introduce limited direct originations in 2016” as part of its strategy to expand bank products, Ally Financial Inc. ALLY is now looking forward to offer consumer auto financing products for vehicles purchased on Beepi, an 18-month-old Internet-based used car retailer that delivers vehicles to buyers' homes without a test drive. With an aim to broaden the customer base, Ally auto financing products will be available to Beepi customers on nearly all makes and models […]

Technicals

Accenture plc’ (ACN) Q1 Earnings Miss Estimate

Accenture plc ACN is one of world’s leading providers of management consultancy, technology and outsourcing services. The company is steadily gaining traction in its outsourcing business primarily backed by a rise in demand for technology to improve operating efficiencies and save costs. […]

Technicals

3 Reasons Momentum Stock Investors Will Love AeroCentury (ACY)

Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for momentum investors in the near term […]