Technicals

Why EQT Could Be Positioned for a Surge

EQT Corporation EQT is a natural gas production company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on EQT’s earnings for the coming quarter and year. […]

Technicals

What Falling Estimates & Price Mean for Murphy Oil (MUR)

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 Murphy Oil Corporation MUR , 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 […]

Technicals

Falling Earnings Estimates Signal Weakness Ahead for Kulicke and Soffa Industries (KLIC)

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 Kulicke and Soffa Industries, Inc. […]

Technicals

OFS Capital (OFS) Jumps: Stock Rises 6%

OFS Capital Corporation OFS 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. This stock, which remained volatile and traded within the range of $9.89–$11.44 in the past one-month time frame, witnessed a sharp increase yesterday […]

Stock Analysts

Goodyear Announces Hub Expansion to Bolster EMEA Presence

The Goodyear Tire & Rubber Company GT will expand its production hub at Kranj, Slovenia, to increase tire production. Rise in demand for premium tires across EMEA impelled the company to raise production at its Slovenian plant and reap benefits from the increasing demand in this lucrative region. Goodyear will invest €94 million to add 5400 square meter area in this existing facility. […]

Stock Analysts

Ciena (CIEN) to Power Rural Connectivity in Gigaclear Network

Ciena Corporation CIEN recently announced that Gigaclear Networks, a leading provider of full fiber rural broadband connectivity in the United Kingdom, will utilize its optical and intelligent software solutions to better serve the company’s customers. The strategic deal will empower Gigaclear with a programmable infrastructure to intelligently manage its bandwidth, drive innovation and expand services beyond the London metropolitan area. […]

Stock Analysts

5 Top Notch mREITs to Outdo Market in ’19 Despite Rate Hike

A solid performance of commercial financing mortgage REITs helped the overall mortgage REIT (mREIT) industry more than offset the pressure of rising interest rates on their balance sheets in the first 11 months of 2018. Commercial financing mREITs delivered a total return of 13.83% during this period compared to the FTSE Nareit Mortgage REITs index’s 3.31%. Nonetheless, rising home costs have impacted homebuilder sentiment and delayed new home purchases as well […]

Stock Analysts

Myriad Genetics’ New FDA Nod for BRACAnalysis CDx Widens Base

Moving steadily with its 11-year long partnership with AstraZeneca PLC AZN , Myriad Genetics, Inc. MYGN recently announced the receipt of FDA approval for using its BRACAnalysis CDx test to identify patients having a germline BRCA mutation (gBRCAm), suffering with advanced ovarian cancer and suitable for first-line maintenance therapy with AstraZeneca’s PARP (poly ADP ribose polymerase) inhibitor — Lynparza (olaparib) — following response to platinum-based chemotherapy. […]

Stock Analysts

Telecom Stock Roundup: T-Mobile Sprint Merger Approved, AT&T’s 5G Devices & More

In the past five trading days, telecom stocks have steadily moved downhill as both the United States and China continued trade negotiations despite the tense undercurrents related to Huawei CFO, Meng Wanzhou. The geopolitical tussle refuses to die down any time soon as China detained a third Canadian citizen in retaliation since the issue came to limelight. Although Meng has been granted bail after her detention and eventual arrest by the Canadian government, the matter remained a potboiler as she faced probable extradition to the United States over Huawei’s potential violations of sanctions on Iran […]