Technicals

Newmont’s (NEM) Q1 Earnings Beat, Sales Miss Estimates

Newmont Mining Corporation NEM is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. Earnings Newmont’s adjusted earnings for the first quarter came in at 35 cents per share. The figure beat the Zacks Consensus Estimate of 33 cents. […]

Technicals

Why AK Steel (AKS) Might Surprise This Earnings Season

Investors are always looking for stocks that are poised to beat at earnings season and AK Steel AKS 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 AK Steel is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to earnings beat. […]

Technicals

Norfolk Southern (NSC) Catches Eye: Stock Jumps 8.1%

Norfolk Southern Corporation NSC was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 10.4% in the past one-month time frame. […]

Mergers & Acquisitions

Heritage Financial Announces First Quarter 2018 Results And Declares Regular Cash Dividend

Heritage Financial Announces First Quarter 2018 Results And Declares Regular Cash Dividend – Diluted earnings per common share were $0.27 for the quarter ended March 31, 2018 compared to $0.31 for the quarter ended March 31, 2017 and $0.33 for the linked-quarter ended December 31, 2017. – Heritage declared a regular cash dividend of $0.15 per common share on April 25, 2018. – On January 16, 2018, Heritage completed its previously announced acquisition of Puget Sound Bancorp, Inc […]

Mergers & Acquisitions

Bright Scholar Announces US$100 Million Share Repurchase Program

Bright Scholar Announces US$100 Million Share Repurchase Program PR Newswire FOSHAN, China, April 26, 2018 FOSHAN, China , April 26, 2018 /PRNewswire/ — Bright Scholar Education Holdings Limited (“Bright Scholar” or the “Company”) (NYSE: BEDU), the largest operator of international and bilingual K-12 schools in China *, today announced that its board of directors has approved a share repurchase program to repurchase up to US$100 million worth of its outstanding American depositary shares (“ADSs”) representing its Class A ordinary shares within the next twelve months, subject to market conditions. _____________ * In terms of student enrollment as of September 1, 2017 , according to an industry report commissioned by Bright Scholar and prepared by Frost & Sullivan in 2017. Under the share repurchase program, the Company may periodically repurchase its ADSs for cash in various means, including without limitation, open market purchases, block transactions and privately negotiated transactions, in compliance with applicable federal securities laws. […]

Stock Analysts

Qualcomm (QCOM) Beats Q2 Earnings and Revenue Estimates

Qualcomm Incorporated QCOM reported healthy financial results for second-quarter fiscal 2018 (ended Mar 25, 2018), supported by better-than-expected performance in semiconductor business and lower operating expenses. The quarter’s results were negatively impacted by the ongoing dispute with Apple Inc. AAPL and its contract manufacturers (Qualcomm licensees), as well as the previously disclosed dispute with another licensee. […]

Stock Analysts

Bet on 5 Profitable Stocks for Phenomenal Returns

One of the best possible ways to assess a company’s ability to offer desirable returns, after meeting all its business-related expenses, is profitability analysis. The stock performance is highly dependent on strong company fundamentals including profitability. In fact, multiple studies have underlined that a company with a high level of profitability is capable of providing huge gains to its investors […]

Stock Analysts

Can Pay-TV Survive OTT TV Streaming Challenge in 2018?

Internet TV streaming service is gradually gaining market traction globally. Of late, the legacy pay-TV industry has been facing stiff competition from online video streaming service providers. Exponential growth of mobile data usage supported by flourishing high-end smartphone and tablet devices, has altered the entire dynamics of the traditional pay-TV industry. […]

Stock Analysts

What to Expect From WisdomTree (WETF) in Q1 Earnings?

WisdomTree Investments WETF is scheduled to report first-quarter 2018 results on Apr 27, before the market opens. Its revenues and earnings are expected to grow considerably year over year. The company is expected to benefit from increase in revenues, supported by higher assets under management (AUM) and advisory fees […]

Stock Analysts

Machinery Stocks’ Q1 Earnings Lineup for Apr 27: DOV, B, AIMC

The Q1 earnings season performance so far has been promising and seems on track to deliver the best quarterly performance in more than six years. Total earnings for the S&P 500 index are expected to be up 20% for this earnings season driven by a 8% rise in revenues. If this materializes, it would surpass fourth-quarter 2017 results where the S&P 500 recorded 13.4% earnings growth on 8.6% revenue growth. […]

Stock Analysts

Utility Stocks’ Q1 Earnings Slated on Apr 27: D, POR, PNM

First-quarter 2018 earnings releases are flowing in and more than 30% or 154 S&P members (as of Apr 25, 2018) have already reported. The quarter is already showing positive trends, indicating that it will record the strongest earnings growth in seven years. Earnings for the reported S&P 500 members are up 25.4% from the same period last year, on 10.3% higher revenues, with 80.5% beating EPS estimates and 72.1% surpassing on revenues. […]

Technicals

Raytheon (RTN) Q1 Earnings & Revenues Beat Estimates

Raytheon Company RTN is the world’s largest missile manufacturer. It is one of the largest aerospace and defense companies in the U.S. with a diversified line of military products including missiles, radars, sensors, surveillance and reconnaissance equipment, communication and information systems, naval systems, air traffic control systems, and technical services. […]