Technicals

Should You Buy Venator Materials (VNTR) Ahead of Earnings?

Investors are always looking for stocks that are poised to beat at earnings season and Venator Materials VNTR 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 Venator Materials is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Technicals

Celgene (CELG) Beats on Q4 Earnings

Summit, NJ based Celgene Corporation CELG is a biopharmaceutical company focused on the discovery, development and commercialization of drugs targeting cancer and inflammatory diseases. Celgene’s key growth driver is Revlimid. […]

Technicals

3M (MMM) Beats Q4 Earnings & Revenues, Raises 2018 Guidance

With operations spread across 70 countries worldwide, diversified technology firm 3M Company MMM offers dynamic growth opportunities in a broad range of sectors with its flexible product lines. Over the years, 3M has initiated some prudent steps to focus on its core portfolio of businesses. Since 2012, the company has pruned its businesses from 40 to 24, thereby improving customer relevance, productivity and speed through a leaner operating structure […]

Technicals

Caterpillar (CAT) Beats on Q4 Earnings & Revenues Estimates

Caterpillar Inc. CAT , the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, reported fourth-quarter 2017 results, wherein adjusted earnings of $2.16 surpassed the Zacks Consensus Estimate of $1.77 by a margin of 22%. Revenue : Caterpillar posted revenues of $12.9 billion, handily beating the Zacks Consensus Estimate of $11.9 billion. […]

Mergers & Acquisitions

Sotheby’s Enhances Data Capabilities

Sotheby’s Enhances Data Capabilities Acquires Thread Genius – An Artificial Intelligence Company Specializing in Image Recognition & Recommendation Technologies Adds Talent in Software Development, Machine Learning, Blockchain, Data and Analytics PR Newswire NEW YORK, Jan. 25, 2018 NEW YORK , Jan. 25, 2018 /PRNewswire/ — Sotheby’s (NYSE: BID) is pleased to announce advancements in data capabilities and strategy, including the acquisition of Thread Genius , a startup specializing in taste-based image recognition and recommendation technologies […]

Stock Analysts

BancorpSouth’s (BXS) Q4 Earnings Beat Estimates, Costs Down

BancorpSouth BXS reported fourth-quarter 2017 adjusted operating earnings of 42 cents per share, beating the Zacks Consensus Estimate of 41 cents. Also, the bottom line compared favorably with the year-ago quarter earnings of 40 cents. Results benefitted from an improvement in net interest revenues and lower expenses, partially offset by lower non-interest revenues. […]

Stock Analysts

Statoil (STO) Awards Twin EPC Contracts to Aker Solutions

Statoil ASA STO awarded twin contracts on the Norwegian Continental Shelf (NCS) to Aker Solutions for a total of NOK 1.5-2 billion. The awards are related to EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project in the Barents Sea, respectively. Installation and commissioning support services are also included in the contract. […]

Stock Analysts

Chemical Stock Earnings Slated on Jan 26: APD, POL & VNTR

A few chemical companies have lined up to report their quarterly numbers on Jan 26. Per the Zacks Industry classification, the chemical industry is grouped under the broader Basic Materials sector, which is among the Zacks sectors expected to rack up the strongest gains in the fourth quarter. Overall fourth-quarter earnings for the sector are projected to climb 28.6% while revenues are expected to go up 18.3%, per the latest Earnings Outlook […]