Month: November 2017

Economic Data

Qualcomm Looks to Reject Broadcom Offer, and Much More

November 6, 2017 0

Monday, November 6, 2017 We’ve got another busy week in store: more Q3 earnings and economic data, Republicans in U.S. Congress get busy working through the details of its massive tax reform program and the arrest in Saudi Arabia of a man known as “the Warren Buffett of the Middle East” are all grabbing headlines this morning. And we also see what appears to be a hostile bid by Broadcom AVGO to take over Qualcomm QCOM for $70 per share, or $130 billion, including $60 billion in cash and Qualcomm debt […]

Economic Data

All Eye On Qualcomm-Broadcom Landmark Deal

November 6, 2017 0

We’ve got another busy week in store: more Q3 earnings and economic data, Republicans in U.S. Congress get busy working through the details of its massive tax reform program and the arrest in Saudi Arabia of a man known as “the Warren Buffett of the Middle East” are all grabbing headlines this morning. And we also see what appears to be a hostile bid by Broadcom AVGO to take over Qualcomm QCOM for $70 per share, or $130 billion, including $60 billion in cash and Qualcomm debt. […]

Technicals

Should You Sell Sunoco LP (SUN) Before Earnings?

November 6, 2017 0

Investors are always looking for stocks that are poised to beat at earnings season and Sunoco LP SUN may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Sunocois seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Technicals

Horizon (HZNP) Tops Q3 Earnings, Shares Up

November 6, 2017 0

Dublin, Ireland-based Horizon Pharma plc HZNP is a biopharmaceutical focused on identifying, developing, acquiring and commercializing products that address unmet therapeutic needs in arthritis, pain, inflammatory and orphan diseases. The company operates through three business units – Orphan, Primary Care and Rheumatology. Its portfolio currently comprises nine marketed products. […]

Stock Analysts

Is Wendy’s (WEN) Poised for a Beat This Earnings Season?

November 6, 2017 0

The Wendy’s Company WEN is slated to release third-quarter 2017 results on Nov 8, before the market opens. Last quarter, this well-known fast food chain delivered a positive earnings surprise of 15.38%. In fact, Wendy’s has surpassed estimates in three of the trailing four quarters, with an average beat of 6.69% […]

Stock Analysts

Tech Stocks Earnings on Nov 7: DXC, CSRA, SNAP and SINA

November 6, 2017 0

We are in the last stretch of the Q3 earnings season, with 406 S&P 500 members or 85.4% of the index’s total membership having already reported their numbers, as of Nov 3, according to the latest Zacks Earnings Preview . Among the various sectors, Technology has emerged as one of the outperformers. Per the latest Earnings Preview, 85% of the sector’s market cap in the S&P 500 index has already reported, as of Nov 3 […]