February 2018 – Page 39 – The New Religion

Westlake Chemical (WLK) Earnings, Sales Trail Estimates in Q4

February 21, 2018 0

Westlake Chemical Corporation WLK recorded a net income of $802 million or $6.15 per share for fourth-quarter 2017, marking an eight-fold rise from $99 million or 76 cents earned a year ago. The bottom line in the reported quarter was boosted by a tax benefit of around $591 million. The results were also supported by higher margins and increased sales volumes for all major products and lower costs associated with planned turnarounds and unplanned outages, partly neutralized by higher feedstock and energy costs […]

Newmont (NEM) Hikes Quarterly Dividend on Strong Financials

February 21, 2018 0

Newmont Mining Corporation ’s NEM board has announced an increase in its quarterly dividend from 7.5 cents to 14 cents per share of common stock. The revised dividend is payable on Mar 22, to stockholders on record as of Mar 8. Notably, the company’s latest hike is nearly three times higher than the dividend announced in the year-ago quarter. […]

NetApp (NTAP) Rises More Than 2%: Can the Rally Continue?

February 21, 2018 0

NetApp Inc. ’s NTAP shares have added about 2.8% in yesterday’s trading session, outperforming the market. NetApp stock has gained 42.7% in a year, substantially outperforming the 18.8% rally of the industry it belongs to. […]

Ionis Out-Licenses Second Candidate to AstraZeneca, Earns $30M

February 21, 2018 0

Ionis Pharmaceuticals, Inc. IONS announced that it has out-licensed IONIS-AZ5-2.5Rx, a Generation 2.5 antisense drug, to AstraZeneca AZN . The candidate will be developed to treat a genetically associated form of kidney disease. […]

Advance Auto Parts’ (AAP) Q4 Earnings Beat Estimate

February 21, 2018 0

Advance Auto Parts Inc. AAP , the leading provider of automotive aftermarket parts, reported fourth-quarter 2017 results, wherein adjusted earnings of cents per share of 77 cents surpassed the Zacks Consensus Estimate of 65 cents. Revenue Advance Auto Parts posted revenues of $2.04 billion, beating the Zacks Consensus Estimate of $2.02 billion. […]

Travelport Worldwide (TVPT) in Focus: Stock Moves 5.5% Higher

February 21, 2018 0

Travelport Worldwide Limited TVPT was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. […]

Should You Sell Canadian Imperial Bank (CM) Before Earnings?

February 21, 2018 0

Investors are always looking for stocks that are poised to beat at earnings season and Canadian Imperial Bank of Commerce CM may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. […]

Southern Company (SO) Q4 Earnings, Revenue Beat Estimate

February 21, 2018 0

An Earnings Beat: Electric utility firm Southern Company SO reported earnings per share (excluding certain one-time items) of 51 cents, ahead of the Zacks Consensus Estimate of 46 cents. Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate for the quarter has been unchanged in the last 30 days. Southern Company has a good earnings surprise history […]

Why Edison International (EIX) Might Surprise This Earnings Season

February 21, 2018 0

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

Is a Surprise Coming for Pinnacle Foods (PF) This Earnings Season?

February 21, 2018 0

Investors are always looking for stocks that are poised to beat at earnings season and Pinnacle Foods, Inc. PF may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report […]

Why Earnings Season Could Be Great for Exact Sciences (EXAS)

February 21, 2018 0

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

Do Options Traders Know Something About Roku (ROKU) Stock We Don’t?

February 21, 2018 0

Investors in Roku, Inc. ROKU need to pay close attention to the stock based on moves in the options market lately. That is because the Feb 23, 2018 $40.00 Put had some of the highest implied volatility of all equity options today. […]

Superior Energy (SPN) Looks Good: Stock Adds 5.2% in Session

February 21, 2018 0

Superior Energy Services, Inc. SPN was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session […]

Romana Food Blockchain Corp. completes acquisition due-diligence of Michelis Egidio SNC.

February 21, 2018 0

Romana Food Blockchain Corp. completes acquisition due-diligence of Michelis Egidio SNC. […]

HealthCare.com Acquires Pivot Health, a Leading Direct-to-Consumer Provider and Manager of Specialty Insurance Products

February 21, 2018 0

HealthCare.com Acquires Pivot Health, a Leading Direct-to-Consumer Provider and Manager of Specialty Insurance Products InsurTech acquisition anchors HealthCare.com strategy to provide consumers with insurance products tailored to their needs PR Newswire NEW YORK, Feb. 21, 2018 NEW YORK , Feb. […]

Eaton Federal Savings Bank And SSBBank To Merge

February 21, 2018 0

Eaton Federal Savings Bank And SSBBank To Merge Combined banks strengthen community banking in mid-Michigan. PR Newswire CHARLOTTE and STOCKBRIDGE, Mich., Feb. 21, 2018 CHARLOTTE and STOCKBRIDGE, Mich […]

Broadcom Adjusts Offer for Qualcomm to $79 Per Qualcomm Share

February 21, 2018 0

Broadcom Adjusts Offer for Qualcomm to $79 Per Qualcomm Share Broadcom Remains Fully Committed to Acquiring Qualcomm All Other Terms of Broadcom’s Proposed Merger Agreement Remain Unchanged Broadcom Urges Qualcomm Stockholders to Vote the BLUE Card “FOR” All Six Broadcom Nominees PR Newswire SAN JOSE, Calif., Feb. 21, 2018 SAN JOSE, Calif. […]

Bet on These 7 Low Price-to-Sales Stocks for Better Rewards

February 21, 2018 0

A stock’s Price-to-Sales ratio reflects how much investors are paying for each dollar of revenues generated by the company. If the Price-to-Sales ratio is 1, it means that investors are paying $1 for every $1 of revenues generated by the company. So, it goes without saying that a stock with Price-to-Sales below 1 is a good bargain, as investors need to pay less than a dollar for a dollar’s worth […]

MGM Resorts’ (MGM) Q4 Earnings Break Even, Revenues Beat

February 21, 2018 0

MGM Resorts International MGM reported break-even earnings in the fourth quarter of 2017. The Zacks Consensus Estimate was pegged at earnings of 7 cents. The company posted earnings of 11 cents in the prior-year quarter […]

5 Value Stocks With Alluring EV/EBITDA Ratios to Own Now

February 21, 2018 0

Value investors generally tend to cling to the price-to-earnings (P/E) strategy while seeking stocks that are trading at attractive prices. P/E, without a shadow of a doubt, is the most popular multiple used by investors for evaluating the fair market value of a stock. But even this ubiquitously used equity valuation multiple is not devoid of shortcomings […]