Stock Analysts

Archer Daniels’ (ADM) Stock Up on Q2 Earnings & Sales Beat

Archer Daniels Midland Company ADM reported robust second-quarter 2018 results, wherein the top and bottom line outpaced the Zacks Consensus Estimate. Both the metrics also increased on a year-over-year basis. Notably, this marks the company’s third straight positive earnings surprise with a second consecutive sales miss. […]

Stock Analysts

Will Restructuring Drive Molson Coors’ (TAP) Q2 Earnings?

Molson Coors Brewing Company TAP is slated to release second-quarter 2018 results on Aug 1. The company has exhibited a dismal earnings surprise history, having lagged estimates in four of the last six quarters. It has pulled off an average negative earnings surprise of 12.7% in the trailing four quarters. […]

Economic Data

Costs, Spending Data Join New Q2 Earnings for PFE, PG, RL

Tuesday, July 31, 2018 As we say goodbye to another month of Summer 2018, we take in plenty of economic data this week to go with our heaping helping of Q2 earnings results. Among the news we’re tracking today are a number of consumer and employer metrics that chart the behavior of our historically strong economy, tempered by uncertainties regarding the potential of a world-wide trade war. A key labor force cost monitor is the Employment Cost Index , which for Q2 came in below estimates and the previous read: at +0.6%, this is lower than the 0.7% expected and the 0.8% last time around. […]

Mergers & Acquisitions

AlphaRidge Acquires Lynx Managed IT Services Business

AlphaRidge Acquires Lynx Managed IT Services Business Lynx Focuses On Security As AlphaRidge Acquires Managed IT Services PR Newswire NEW YORK, July 31, 2018 NEW YORK , July 31, 2018 /PRNewswire/ — Lynx Technology Partners (Lynx), one of Inc. Magazine’s fastest-growing private companies and ranked among the top US security companies for consecutive years, has announced that AlphaRidge Inc., a leading information technology consultancy, will be acquiring Lynx Managed IT Services Business. […]

Technicals

Can the Rally in Galapagos (GLPG) Shares Continue?

Galapagos NV GLPG has been on the move lately as the stock has risen by 23.4% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue? While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on GLPG is moving in the right direction […]

Technicals

Moving Average Crossover Alert: Digital Realty Trust (DLR)

Digital Realty Trust, Inc. DLR is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for DLR broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend […]

Mergers & Acquisitions

Deere to acquire sprayer and planter manufacturer

Deere to acquire sprayer and planter manufacturer PR Newswire MOLINE, Ill., July 31, 2018 MOLINE, Ill. , July 31, 2018 /PRNewswire/ — Deere & Company (NYSE: DE) has signed a definitive agreement to acquire PLA, a privately-held manufacturer of sprayers, planters, and specialty products for agriculture. […]