Month: January 2018

Ashland Global Holdings Inc. ASH missed earnings and sales estimates in the first quarter of fiscal 2018 (ended Dec 31, 2017). […]

With 26% of the S&P 500 members having reported their quarterly numbers as of Jan 26, we are in the thick of the fourth-quarter earnings season. So far, the results reflect a positive trend, with an above average proportion of companies beating top- and bottom-line expectations. As the reporting cycle gets underway, the earnings scenario will most likely show more favorable trends […]

The food industry has been dealing with a slew of issues of late. Major U.S. […]

AK Steel Holding Corporation AKS reported net loss of $107.9 million or 34 cents per share in the fourth quarter of 2017 as compared to the net loss of $62.4 million or 22 cents recorded in the prior-year quarter. Barring one-time items, adjusted loss for the quarter came in at 6 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 14 cents. […]

AT&T T is reportedly terminating ownership of multiple millimeter wave spectrum (mmWave) licenses gained from the acquisition of FiberTower in February 2017. The company is returning the licenses to the Federal Communications Commission (FCC). Notably, the agency is likely to reauction the licenses in the near future. […]

Visa Inc. 's V fiscal first-quarter earnings should see an upside from increased payment transactions. Transactions processed on Visa cards have been on a rise from past many years, which is directly proportional to the company’s revenue growth […]

Momenta Pharmaceuticals, Inc. MNTA announced that the FDA classified the outcome of fourth-quarter 2017 reinspection of Pfizer, Inc.’s PFE McPherson facility as Voluntary Action Indicated (“VAI”). Glatopa 20 mg/mL was approved by the FDA in 2015. […]

President Trump’s widely watched State of Union address made it clear that the current administration’s top priority for the moment is infrastructure. Trump’s call to “rebuild our crumbling infrastructure” is probably one of the few issues which, at least in principle, will be welcomed by legislators across the board. […]

Given the run-up in stocks in the New Year, the importance of value investing has risen considerably. Value investors have, over the years, preferred price-to-earnings ratio or P/E as a means to identify value stocks. However, the price-to-book ratio (P/B ratio), though used less often, is also an easy-to-use valuation tool for identifying low-priced stocks with great returns. […]

The fourth-quarter earnings season is picking pace, with 26% of the S&P 500 members have reported results already, and another 24% slated to report this week. More specifically, the latest Earnings Preview shows approximately 400 companies, including 121 S&P 500 members, reporting their financial results this week. For Business Services, Q4 earnings are expected to be up 6.8% from the same period last year on 5.0% higher revenues. […]

Shares of Waddell & Reed Financial Inc. WDR declined 2.5% following the release of its fourth-quarter 2017 results. Adjusted earnings of 48 cents per share outpaced the Zacks Consensus Estimate of 45 cents […]

A few chemical companies are scheduled to report their quarterly numbers on Feb 1. As per the Zacks Industry classification, the chemical industry is grouped under the broader Basic Materials sector, which is among those Zacks sectors that are expected to rack up the strongest gains in the fourth quarter. Fourth-quarter earnings for the sector are projected to climb 30.4% while revenues are expected to spike 18.9%, per the latest Earnings Preview . […]

C.H. Robinson Worldwide Inc .’s CHRW fourth-quarter 2017 earnings (excluding 9 cents from non-recurring items) per share of 99 cents beat the Zacks Consensus Estimate of 85 cents. Moreover, the bottom line climbed 15.1% year over year on higher revenues […]