Stock Analysts

Duke Energy (DUK) Beats on Q4 Earnings, Issues 18′ EPS View

Duke Energy Corporation DUK reported fourth-quarter 2017 adjusted earnings of 94 cents per share, beating the Zacks Consensus Estimate of 91 cents by 3.3%. Earnings also improved 16% year over year driven by disciplined cost management and favorable weather conditions. Duke Energy Corporation Price, Consensus and EPS Surprise Duke Energy Corporation Price, Consensus and EPS Surprise | Duke Energy Corporation Quote GAAP earnings were $1.00 in the fourth quarter, against loss of 33 cents in the prior-year quarter […]

Stock Analysts

Can PBM Unit Drive Express Scripts’ (ESRX) Earnings in Q4?

Express Scripts Holding Company ESRX is scheduled to release fourth-quarter 2017 earnings on Feb 27, after market close. Notably, the company delivered an average earnings surprise of 0.6% in the trailing four quarters. Moreover, in the past year, Express Scripts has outperformed the industry The stock has gained 5.4%, compared with the industry’s rally of 1.3% […]

Stock Analysts

Hewlett Packard (HPE) Q1 Earnings: Disappointment in Store?

Hewlett Packard Enterprise Company HPE is set to report first-quarter fiscal 2018 results on Feb 22. The question lingering in investors’ minds is whether this IT solution-providing company will be able to post a positive earnings surprise in the to-be-reported quarter. Notably, Hewlett Packard Enterprise has delivered positive earnings surprises in the last two quarters. […]

Stock Analysts

T. Rowe to Base EU Operations in Luxembourg Post Brexit

T. Rowe Price Group TROW is taking steps to base its European operations in Luxembourg post Brexit, per a Financial Times article. The investment companies are putting their plans into action after the European Commission warned the U.K.-based fund companies that they could be banned from selling products in the European Union (EU) from April 2019. […]

Stock Analysts

5 Incredible Top-Ranked Stocks Under $20 On Sale

The Wall Street has made an impressive comeback after two weeks of violent sell-off, which sent the major indices to correction territory. The positive trend is likely to continue in the months ahead, given the global economic growth, solid corporate earnings, and optimism around the new tax legislation. However, volatility and uncertainty will continue to show up, denting investors’ confidence from time to time. […]

Stock Analysts

Citigroup Aims to Extend Footprint in Asia-Pacific Region

Per a Financial Times article, Citigroup C is planning to serve clients in Asia with assets as low as $50,000, with services that it generally provides to the high-end clients. The bank is providing portfolio diversification and wealth planning services to its Citigold and Citi priority customers. Citi priority covers clients with assets of about $50,000-$150,000 while Citigold provides to those with assets in the range of $150,000 to $10 million. […]

Stock Analysts

Enstar Group Closes Transaction With Neon, Boosts Portfolio

Enstar Group Limited ’s ESGR Lloyd managing agency, StarStone Underwriting Limited, completed the previously announced reinsurance-to-close transaction with Neon Underwriting Limited for Enstar Group’s Syndicate 2008. The closure of this transaction is expected to help Enstar Group’s Syndicate 2008 undertake the liabilities of the 2015 underwriting year of Neon’s Syndicate 2468 (which comprised underwriting years starting from 2008 to 2015). The transaction, first announced on Dec 20, 2017, satisfied the required regulatory approvals and got completed in the first quarter of 2018, well within the stipulated time frame […]

Economic Data

A Tale of Two Retailers

Tuesday, February 20, 2018 We’ve begun the final leg of Q4 earnings season ahead of the initial opening bell of the new holiday-shortened week, with prominent retailers taking center stage. For the past several quarters, we’ve seen healthy quarterly figures from most sectors in the market, but it’s only been fairly recently that retailers have been able to join the party. As a result, where in the past we’d seen the Retail sector give back quarterly gains overall, these days we may see an acceleration on already strong Q4 totals. […]

Economic Data

How Do These Retailers Match Up?

We’ve begun the final leg of Q4 earnings season ahead of the initial opening bell of the new holiday-shortened week, with prominent retailers taking center stage. For the past several quarters, we’ve seen healthy quarterly figures from most sectors in the market, but it’s only been fairly recently that retailers have been able to join the party. […]