Technicals

PG&E Corporation (PCG) Q4 Earnings Beat, Revenues Decline

PG&E Corporation PCG , a diversified utility holding company, engages in the business of electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation and storage. Stable financial position, steady growth in customer counts, a well-set of utility assets and disciplined investments in infrastructure projects will likely boost PG&E Corp.’s future performance. In addition, the company’s practice of paying dividend is commendable […]

Stock Analysts

Dycom (DY) Stock Plunges 30% on Q4 Earnings Miss & Weak View

Dycom Industries Inc. ’s DY shares lost more than 30% post fourth-quarter fiscal 2019 (ended Jan 26, 2019) results, wherein adjusted earnings missed the Zacks Consensus Estimate by 41.2% but revenues beat the same by 4%. The company reported fiscal fourth-quarter adjusted earnings of 10 cents per share, missing the Zacks Consensus Estimate by 41.2% and declining from the prior-year profit level of 12 cents. […]

Stock Analysts

Intel (INTC) Ups the Ante in Hardware Security With SGX Card

Intel INTC recently unveiled Intel SGX Card with an aim to support security feature across servers in data centers which are bereft of the required hardware architecture. The company notes that there is an increasing demand of SGX (or Software Guard Extensions) technology among several cloud service providers (CSPs). However, these CSPs have dual-socket processors which deprive them from availing robust security applications (of SGX technology) to protect customer data in public cloud. […]

Stock Analysts

EU Rolls Out Strict Rules for Foreign-based Investment Managers

Per a Reuters report, recently, European Union (EU) governments and lawmakers finalized a deal per which foreign-based investment managers operating in the eurozone will be under strict supervision. These firms include investment firms offering "bank-like" services, together with proprietary trading and underwriting of financial instruments. The agreement, earlier, was entered into this January by EU states. […]