Stock Analysts

DowDuPont’s (DWDP) Q3 Earnings In Line, Sales Rise Y/Y

DowDuPont Inc. DWDP logged a profit (on a reported basis) of roughly $514 million or 32 cents per share in third-quarter 2017, down around 29% from a profit of $719 million or 63 cents per share recorded in the comparable period a year ago. Barring one-time items, earnings came in at 55 cents per share for the quarter, which were in line the Zacks Consensus Estimate. […]

Stock Analysts

AmerisourceBergen (ABC) Beats Q4 Earnings, Issues FY18 View

AmerisourceBergen Corporation ABC posted adjusted earnings of $1.33 per share in the fourth quarter of fiscal 2017, beating the Zacks Consensus Estimate by a penny and increasing 2.3% on a year-over-year basis. The upside was primarily driven by strong growth in the company’s Consulting Services, MWI Animal Health and World Courier businesses. […]

Economic Data

New Tax Reveal Today, with Robust Econ Data

Thursday, November 2, 2017 Following the heaviest inflow of Q3 earnings reports of the entire quarter yesterday after the closing bell, we see new economic data reads and news from across the pond. There will also be a long-awaited unveiling of the GOP tax reform plan today. And this is all aside from a new group of Q3 earnings reports coming out before the opening bell this morning […]

Mergers & Acquisitions

ALTEN Calsoft Labs (An ALTEN Group Company) Acquires Premier Logic, a Digital Transformation Company

ALTEN Calsoft Labs (An ALTEN Group Company) Acquires Premier Logic, a Digital Transformation Company This acquisition brings deep experience in digital innovation to scale and transform businesses through technology and creates a ‘Digital’ division to focus on lean digital transformation solutions PR Newswire SANTA CLARA, California and ATLANTA, November 2, 2017 SANTA CLARA, California and ATLANTA , November 2, 2017 /PRNewswire/ — ALTEN Calsoft Labs, an ALTEN Group Company – a leader in engineering and technology consulting – today announced that it has acquired Premier Logic, a global provider of digital transformation and technology solutions. This strategic acquisition combines ALTEN Calsoft Labs’ scale and technology diversity with the digital innovation and nimble execution of Premier Logic to focus on leveraging technology to accelerate the transformation of clients’ business. Premier Logic is the go-to digital transformation company for enterprises that need to fast track their new product ideas. […]

Technicals

Marriott Vacations (VAC) Beats on Q3 Earnings & Revenues

Marriott Vacations Worldwide Corporation VAC operates as a vacation ownership company. The company markets and manages vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands, The Ritz-Carlton Destination Club brand, The Ritz-Carlton Residences brand. Marriott Vacations continues to benefit from positive timeshare industry trends and has been able to maintain a steady flow of clients by offering tours to diverse locations and programs with greater outreach […]

Technicals

Melco Resorts (MLCO) Tops Q3 Earnings & Revenue Estimates

Melco Resorts & Entertainment Limited MLCO operates casino gaming and entertainment resort facilities primarily in Asia. Per the Macau Gaming Inspection and Coordination Bureau, gross gaming revenues (GGR) rose in all the three months of the quarter, indicating that the Macau market might be on the recovery path. […]

Technicals

Ralph Lauren (RL) Surpasses Q2 Earnings & Sales Estimates

Ralph Lauren Corporation RL , a designer, marketer and distributor of lifestyle products, released second-quarter fiscal 2018 results, wherein adjusted earnings of $1.99 came ahead of the Zacks Consensus Estimate of $1.90, and climbed 4.7% from $1.90 earned in the year-ago quarter. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has increased by a penny in the last 30 days. Moreover, Ralph Lauren’s performance over the trailing four quarters, excluding the quarter under review, remains encouraging with an average beat of 13.4%. […]

Technicals

United States Steel (X) Jumps: Stock Rises 7.8%

United States Steel Corporation X was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $24.98-$28.69 in the past one-month time frame, showed a sharp increase yesterday. […]