Month: April 2018

Barrick Gold Corporation ABX recorded net earnings (attributable to equity holders) of $158 million or 14 cents per share for first-quarter 2018 compared with $679 million or 58 cents a year ago. Barring one-time items, adjusted net earnings came in at 15 cents per share for the quarter, which was in line with the Zacks Consensus Estimate. […]

Visa Inc. ’s V fiscal second-quarter results should reflect payment transaction growth led by higher consumer spending fuelled by a strong economy. Continued growth of checks and digital methods of payments supported the increase in payment transaction […]

Expedia, Inc. EXPE is set to report first-quarter 2018 results on Apr 26, after market close. Last quarter, the company reported a negative earnings surprise of 27.6% […]

As we know, U.S. President Donald Trump loves to tweet and has quite a loose-cannon approach toward it. After the twitter tussle between the President and Amazon.com, Inc. […]

After an exponential rise throughout 2017, the U.S. stock markets have been witnessing turmoil since February 2018. Markets remain highly unstable with rapid ascent being observed one week, followed by a sharp decline the very next week […]

Eli Lilly & Company LLY reported first-quarter 2018 adjusted earnings per share of $1.34, which beat the Zacks Consensus Estimate of $1.13 per share by 18.6%. Earnings rose 37% from the year-ago quarter backed by robust volume-driven growth in new product sales and lower operating costs and tax rates. Including asset impairment, restructuring, and other special charges, first-quarter earnings per share were $1.16 against a loss of 10 cents in the first-quarter of 2017. […]

Phillips 66 PSX is expected to report first-quarter 2018 results on Apr 27, before the market opens. The leading refining player has an impressive earnings surprise history. Phillips 66 beat the Zacks Consensus Estimate in all of the trailing four quarters, the average positive earnings surprise being 450.1% […]

On Tuesday, the U.S. dollar hit a new three-month high versus a basket of currencies. The rise of the greenback was primarily attributable to a surge in the 10-year Treasury yield which hit a more than four year high on Monday […]

The benchmark 10-year Treasury note yield is close to topping 3%, a mark it hasn’t reached in four years. Strengthening inflation prospects pushed bond yields higher and prompted the Federal Reserve to step up the pace of monetary tightening from two to three additional rate hikes this year. […]

Canadian National Railway Company ’s CNI first-quarter 2018 earnings per share of 79 cents (C$1) lagged the Zacks Consensus Estimate of 80 cents. Moreover, the bottom line plunged significantly from the year-ago figure. High operating expenses hurt results […]

Fifth Third Bancorp FITB reported first-quarter 2017 adjusted earnings per share of 57 cents beating the Zacks Consensus Estimate of 48 cents. The adjusted figure excludes the net positive impact of gains from the Vantiv merger with WorldPay and charges related to the valuation of the Visa total return swap and adjustment to litigation reserves. Results reflect increase in revenues along with significant decline in provisions […]

Ameriprise Financial Inc. ’s AMP first-quarter 2018 adjusted operating earnings per share of $3.70 comfortably surpassed the Zacks Consensus Estimate of $3.47. […]

SVB Financial Group SIVB is scheduled to announce first-quarter 2018 results on Apr 26, after market close. Its revenues and earnings are projected to grow year over year. […]