Month: August 2018

Stock Analysts

Hewlett Packard (HPE) Q3 Earnings Surpass Estimates, Up Y/Y

August 29, 2018 0

Hewlett Packard Enterprise Company HPE reported fiscal third-quarter 2018 non-GAAP net earnings of 44 cents per share, which beat the Zacks Consensus Estimate of 38 cents and increased 42% on a year-over-year basis. Management noted that the bottom line was driven by the company’s strong operational performance, favorable one-time benefits in OI&E and a lower-than-expected tax rate. Hewlett Packard Enterprise reported revenues from continuing operations of $7.764 billion, up 3.5% on a year-over-year basis. […]

Stock Analysts

Biotech Stock Roundup: GILD Gets EC Nod for Yescarta, AMGN Submits Kyprolis sNDA

August 29, 2018 0

The major pipeline and regulatory updates in the biotech sector over the past week included Gilead Sciences’ GILD CAR T therapy Yescarta getting approval in Europe. Meanwhile, Amgen AMGN submitted an sNDA for its multiple myeloma drug, Kyprolis to the FDA. Recap of the Week’s Most Important Stories : Gilead’s Yescarta Gets EC Approval : Gilead’s chimeric antigen receptor T cell (CAR-T) therapy, Yescarta was approved by the European Commission (EC). […]

Stock Analysts

Fang Holdings (SFUN) Q2 Earnings Up Y/Y, Revenues Decline

August 29, 2018 0

Fang Holdings Limited SFUN reported second-quarter 2018 earnings per share of 13 cents against a loss of a penny in the year-ago quarter. Change in fair value of equity securities of $80.3 million (in relation to the new accounting pronouncement) and income tax benefits of $38.3 million boosted the company’s earnings. […]

Technicals

Lattice Semiconductor (LSCC) Catches Eye: Stock Jumps 6.2%

August 29, 2018 0

Lattice Semiconductor Corporation LSCC was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $7.48 to $7.78 in the past one-month time frame […]

Technicals

Zai Lab (ZLAB) in Focus: Stock Moves 6.2% Higher

August 29, 2018 0

Zai Lab Limited ZLAB was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.13 to $23.36 in the past one-month time frame […]

Stock Analysts

Here’s Why You Should Hold On to Stryker (SYK) Stock Now

August 29, 2018 0

With a market capitalization of approximately $63.54 billion, Stryker Corporation ’s SYK acquisition-driven strategy is expected to boost growth by expanding existing product offerings across all business segments. Which Way are the Estimates Treading? For the current quarter, the Zacks Consensus Estimate for earnings is pegged at $1.68, reflecting an increase of 10.5% on a year-over-year basis […]

Stock Analysts

S&P 500 Hits 2,900: Best Performing Stocks YTD

August 29, 2018 0

Thanks to easing trade tensions and the U.S.-Mexico deal, the country’s stock market continues to enjoy the longest bull run since World War II. Notably, the S&P 500 hit 2,900 for the first time in history and closed at record highs for the third consecutive session. The index is up 8.4% so far this year. […]