One stock that might be an intriguing choice for investors right now is Newmont Goldcorp Corporation NEM . This is because this security in the Mining – Gold space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. […]
One stock that might be an intriguing choice for investors right now is D.R. Horton, Inc. DHI . […]
In 1950s, the launch of the Diners Club Card planted the seed of cashless payment in the society, though debit cards came in much later in 1966. Since then, in the last 70 years, cashless payment system has evolved radically. In recent years, the financial sector has leveraged technology making the availability of financial services easier […]
Last month, the Department of Commerce’s initial estimate for second-quarter GDP pushed the economy’s most widely watched metric below the level recorded for the first quarter. Now, the latest estimate for the gauge has moved even lower, as was widely expected. Economists are attributing the slide to the fallout of the bitter U.S.-China trade war […]
Chinese energy giant PetroChina Co. Ltd. […]
We are upbeat about NuStar Energy LP ’s NS prospects and believe it is a promising pick right now. The partnership currently carries a Zacks Rank #2 (Buy) and has a VGM Score of B. […]
The Cooper Companies, Inc. COO reported third-quarter fiscal 2019 adjusted earnings per share (EPS) of $3.23, which surpassed the Zacks Consensus Estimate of $3.16. The bottom line increased 7.7% on a year-over-year basis. […]
China Petroleum and Chemical Corporation SNP , also known as Sinopec, reported earnings per share of 0.259 yuan for the first half of 2019, down almost 25% from 0.344 yuan a year ago. The lower profit was led by a rise in crude procurement expenses which hurt the refining business, narrowing of the retail spread and lower gross margin at chemical operations. […]
MetLife, Inc. MET , which is a leading multiline insurer with presence across the globe, has been performing favorably as reflected by its growing top and bottom line. The company beat estimates in the past 12 quarters, which signifies its superior operating performance […]
Global crude steel production rose in July on higher output in China, the world's biggest steel maker. According to the latest report from the World Steel Association ("WSA") – the international trade body for the iron and steel industry – crude steel production for 64 reporting nations rose 1.7% year over year for the reported month to 156.7 million tons (Mt). However, the growth in output for the reported month slowed from a 4.6% year-over-year rise witnessed in June as stringent anti-smog measures led to a slowdown in production growth in China […]
The Hain Celestial Group, Inc. HAIN reported fourth-quarter fiscal 2019 results, wherein both top and bottom lines declined year over year and fell short of the Zacks Consensus Estimate. Nevertheless, the company’s adjusted margins marked the third straight quarter of sequential improvement. […]
Dow Inc. DOW announced an agreement with Weert, the Netherlands-based Fuenix Ecogy Group for supply of pyrolysis oil feedstock. […]
Big Lots (BIG) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.59 per share a year ago. […]
AAC Holdings (AAC) came out with a quarterly loss of $0.50 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.09 per share a year ago. […]
Wall Street has heaved a sigh of relief, at least for the time being, on the trade war front between the United States and China. U.S. stocks rallied following a hint from the Chinese government that it may not retaliate against a new set of tariffs imposed by President Donald Trump immediately. […]
Celanese Corporation CE should benefit from its inorganic growth actions, productivity measures and growth investments in organic projects amid a challenging business environment. Shares of this leading chemical and specialty materials maker, which currently carries a Zacks Rank #3 (Hold), have gained 24.2% year to date compared with the 13.8% rise of its industry . […]
Lear Corporation ( LEA ) is facing the global slowdown in the auto industry. This Zacks Rank #5 (Strong Sell) recently cut its full year guidance. Lear makes seating and electrical and electronic systems for every major automaker in the world. […]
American Energy – Permian Basin, LLC Enters into an Agreement with Noteholders to Implement a Comprehensive Financial Restructuring Company Launches Tender Offer for Outstanding Notes and Will Simultaneously Seek Support for Voluntary Prepackaged Plan of Reorganization if Tender Conditions are Not Met PR Newswire HOUSTON, Aug. 29, 2019 HOUSTON , Aug. 29, 2019 /PRNewswire/ — American Energy – Permian Basin, LLC (the ” Company “) announced today that it has entered into an agreement to implement a comprehensive financial restructuring plan (the ” Out-of-Court Restructuring “) pursuant to a restructuring support agreement (the ” RSA “) with a group of noteholders (the ” Consenting Noteholders “) who collectively hold, as of August 28, 2019 , approximately (i) $374.37 million (approximately 81% of the outstanding principal amount) aggregate principal amount of the 13.000% Senior Secured First Lien Notes due 2020 (the ” First Lien Notes “), (ii) $250.99 million (approximately 86% of the outstanding principal amount) aggregate principal amount of the 8.000% Senior Secured Second Lien Notes due 2020 (the ” Second Lien Notes ” and, together with the First Lien Notes, the ” Secured Notes “) and (iii) $1.19 billion (approximately 88% of the outstanding principal amount) aggregate principal amount of the Floating Rate Senior Notes Due 2019 (the ” 2019 Notes “), 7.125% Senior Notes Due 2020 (the ” 2020 Notes “) and 7.375% Senior Notes Due 2021 (the ” 2021 Notes ” and, together with the 2019 Notes and the 2020 Notes, the ” Unsecured Notes ” and the Unsecured Notes together with the Secured Notes, the ” Notes “), each issued by the Company and its wholly-owned subsidiary, AEPB Finance Corporation, as co-issuer (” AEPB Finance ” and, together with the Company, the ” Issuers “) […]
Legg Mason (LM) closed the most recent trading day at $36.50, moving +1.87% from the previous trading session. This move outpaced the S&P 500’s daily gain of 1.27%. […]
AeroVironment (AVAV) closed the most recent trading day at $51.52, moving +0.04% from the previous trading session. This move lagged the S&P 500’s daily gain of 1.27%. […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes