Month: September 2018

Shares of Spirit Airlines, Inc. SAVE have fared well in a year’s time. The stock has rallied 42.4%, against the industry ’s decline of 2.6%. […]

Renowned American businessman and fund manager, Richard Herman Driehaus developed an investment strategy per the buy high and sell higher principle. This approach is ideal for investors with a tendency to take high risks. Investors bet on momentum stocks using this particular strategy […]

Acuity Brands, Inc. AYI is slated to announce fourth-quarter fiscal 2018 results on Oct 3, before the opening bell. The company delivered a positive earnings surprise of 8.7% in the last-reported quarter […]

Ferrellgas Partners LP FGP reported fourth-quarter fiscal 2018 adjusted loss of 63 cents per unit, wider than the Zacks Consensus Estimate loss of 41 cents. Total Revenues In the reported quarter, Ferrellgas Partners’ total revenues were $347.5 million, which missed the Zacks Consensus Estimate of $365 million by 4.8%. […]

One of the biggest generic makers of the world, Mylan N.V . MYL continues to face tough times. Mylan's stock has lost 12.4% in the year so far against 4.5% gain recorded by the industry […]

Phillips 66 Partners L.P. PSXP announced that its subsidiary Gray Oak Pipeline, LLC is will initiate an open season for the Eagle Ford segment. Phillips 66 Partners is a master limited partnership (“MLP”) formed by Phillips 66 PSX . […]

Ford Motor Company F plans to extend partnership with other carmakers in order to restructure its business and cut costs, per Reuters. The company is in talks with German automaker Volkswagen AG VLKAY and Mahindra and Mahindra Ltd. […]

Petróleo Brasileiro S.A. or Petrobras PBR recently agreed to pay a fine of $853.2 million to the government bodies of Brazil and United States, effectively ending the long-running Lava Jato (Car Wash) scandal investigation. Background It started with bribery from the company’s former authoritative members, who concealed payments from investors as well as regulators and infringed several anti-corruption laws […]

Though escalation in U.S.-China trade tensions, emerging market meltdown, inflationary pressures and rounds of tech sell-off played spoil sport in the third quarter, the Wall Street has extended its largest bull run. The dual tailwinds of solid corporate earnings and a booming economy are acting as major catalysts. Additionally, higher oil price and slew of upbeat data have bolstered confidence in the economy, leading to risk-on trade […]

Its again that part of the year, when investors’ focus automatically shifts toward the Retail-Wholesale sector. Wage acceleration, steady job growth, improving consumer confidence and sound economic fundamentals are painting an euphoric picture for the holiday season. Consequently, investors will definitely be on hunt to add some solid retail stocks that are likely to ride high on these bullish sentiments. […]

With technological innovations progressing at an unprecedented rate, the global automobile industry is expected to rake in billions in the upcoming years. Reports suggest that sales in new vehicles will cross 98 million units in 2018 globally, up 2.5% year over year. […]

According to the Bureau of Economic Analysis’ final estimate, U.S GDP increased 4.2% in the second quarter, unchanged from the earlier estimate. The fastest pace of growth in almost four years was powered by increases in investment and expenditure across several categories. […]

Snap SNAP , the parent company of Snapchat, recently announced a slew of enhancements to its ad offerings to attract advertisers, especially during the holiday season. The company launched Collection ads, which will help advertisers add a collection of four products in a single ad on Snapchat. The new ad format is reportedly leading to higher engagement rates […]