Technicals

Ralph Lauren (RL) Beats on Q2 Earnings, Stock Climbs 2.8%

Ralph Lauren Corporation RL , a designer, marketer and distributor of lifestyle products, released second-quarter fiscal 2017 results, wherein adjusted earnings of $1.90 came substantially ahead of the Zacks Consensus Estimate of $1.70, while it declined 10.8% from $2.13 earned in the year-ago quarter. Earnings Estimate Revision: The Zacks Consensus Estimate for 2017 has been trending downwards in the last 30 days. […]

Technicals

Macy’s (M) Q3 Earnings Miss Estimates, Decline Y/Y

Macy's, Inc. M , one of the leading department store retailers, came out with third-quarter fiscal 2016 results, wherein adjusted earnings of 17 cents per share missed the Zacks Consensus Estimate of 40 cents and also declined 69.6% from 56 cents per share delivered in the year-ago quarter. For fiscal 2016, management continues to anticipate earnings in the band of $3.15- $3.40 per share, in comparison to $3.77 per share earned in the fiscal 2015 […]

Stock Analysts

ArcelorMittal (MT) Expands Automotive Steel Line of Products

Steel giant ArcelorMittal MT announced that it is expanding its global portfolio of automotive steels by launching a new generation of advanced high strength steels (“AHSS”). The innovative steels include the launch of press hardenable steels (“PHS”) Ductibor 1000 and Usibor 2000 as well as martensitic steels MartINsite M1700 and M2000. […]

Stock Analysts

TrovaGene (TROV) Reports Wider-than-Expected Loss in Q3

Headquartered in San Diego, CA, TrovaGene Inc TROV , a developer of circulating tumor DNA (ctDNA) molecular diagnostics, reported loss of 34 cents per share in the third quarter of 2016, wider than the Zacks Consensus Estimate by 2 cents. However, the loss is narrower than the year-ago loss of 37 cents. The wider loss was a result of increasing operating expenses of $10.0 million, compared with $6.5 million recorded in the year-ago quarter. […]

Stock Analysts

Broadridge (BR) Q1 Earnings Lag, Revenues Top; View Same

Shares of Broadridge Financial Solutions Inc. BR went down more than 5% yesterday, after the company reported mixed first-quarter fiscal 2017 results. FindTheCompany | Graphiq The company posted first-quarter fiscal 2017 adjusted earnings per share (EPS) of 36 cents (excluding acquisition and amortization related expenses), which missed the Zacks Consensus Estimate of 38 cents […]

Technicals

M&T Bank (MTB) Worth a Look: Stock Rises 5.1% in Session

M&T Bank Corporation MTB was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 11.6% in the past one-month time frame […]