Riding on the shale revolution yet again, the United States topped the global energy production charts in 2017 by churning out more than 15 million barrels per day (MMBbl/d). Retaining its status as the world's No. […]
This month is on track for the best May since 2009, disproving the old adage “Sell in May and Go Away.” Although political and geopolitical worries continue to weigh on markets, power-packed earnings, rise in oil price and easing U.S.-china trade fears have lead to a rally. Below we discuss some of the events that dominated the headlines in May and influenced the stock market: Power-Packed Earnings About 94.8% of the S&P 500 index market capitalization that has reported so far is up 24.2% on 8.5% revenue growth, with 77.6% beating EPS estimates and 74.5% coming ahead of top-line expectations. Though earnings and revenue beat ratios are in line with the prior quarter for the same group of companies, growth rates are tracking above the historical periods […]
The cyber-security industry has been putting up an impressive show on the bourse, of late, with the slew of cyber attacks, over the past few months, playing the supporting role. Cisco’s CSCO latest report hints at another attack hovering over Ukraine, once again, which might cause a complete blackout in the country. Per the findings of Talos — a cyber-intelligence unit of Cisco — hackers have infected more than 500,000 routers and storage devices across 54 nations […]
Hasbro, Inc. HAS , like most other traditional toymakers, is plagued by lower consumer demand and sales crunch. The company is relying on strategic partnerships to revive its sales […]
RBC Bearings Incorporated ROLL reported mixed fourth-quarter fiscal 2018 (ended March 2018) results. Earnings and Revenues Quarterly adjusted earnings came in at $1.08 per share, missing the Zacks Consensus Estimate of $1.13. However, the bottom line came in 20% higher than the year-ago tally […]
The agriculture equipment maker, Deere & Company DE , has announced a hike of 15% in its quarterly cash dividend. The company will now pay a dividend of 69 cents per share, up from the 60 cents paid earlier. The raised dividend will be paid on Aug 1, to shareholders of record as on Jun 29, 2018 […]
One stock that might be an intriguing choice for investors right now is Rayonier Inc. RYN . […]
Investors in AK Steel Holding Corporation AKS need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 1, 2018 $4.00 Call had some of the highest implied volatility of all equity options today. […]
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Leucadia National Corporation JEF , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year […]
Cheniere Energy, Inc. LNG was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. […]
One stock that might be an intriguing choice for investors right now is Tallgrass Energy GP, LP TEGP . This is because this security in the Energy and Pipeline – Master Limited Partnerships space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. […]
Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. […]
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Greenlight Capital Re, Ltd […]
Surmodics, Inc . SRDX is one of the top-performing stocks in the MedTech space. […]
Dollar Tree Inc. DLTR , one of the leading operators of discount stores, delivered first-quarter fiscal 2018 adjusted earnings of $1.19 per share that lagged the Zacks Consensus Estimate of $1.23. However, earnings grew 21.4% year over year […]
Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. […]
Great Life Pet Food Acquired By Barkstrong PR Newswire LOS ANGELES, May 31, 2018 LOS ANGELES , May 31, 2018 /PRNewswire/ — California -based Barkstrong, LLC has completed its acquisition of Great Life Pet Food today and through a distribution partnership with several key regional pet specialty distributors is widening the reach of their popular all-natural pet food. Initially founded by Dr. Elliot Harvey , Great Life is committed to the health and nutrition of animals. […]
Patrick Industries, Inc. Completes Acquisition of Dowco, Inc. PR Newswire ELKHART, Ind., May 31, 2018 ELKHART, Ind. […]
TechnipFMC plc FTI recently secured a contract from CNOOC Limited CEO to support the Liuhua development project in the South Sea China. The engineering, procurement and construction (EPC) contract clinched by TechnipFMC will require the company to design, procure and construct a subsea system. This will comprise twenty units of enhanced horizontal subsea tree, along with control systems, wellheads, manifolds and intervention workover control systems […]
Though the drug sector was off to a strong start in 2018, it has struggled thereafter probably on U.S. market instability and a few negative updates on the pipeline and regulatory front. Also, a slowdown in sales of some of the most high-profile older drugs, courtesy of payers and competitive pressure from both branded and generic drugs, is a concern for the sector […]
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