Technicals

Earnings Preview: Saratoga Investment (SAR) Q2 Earnings Expected to Decline

The market expects Saratoga Investment (SAR) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended August 2019. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 9, 2019, might help the stock move higher if these key numbers are better than expectations […]

Stock Analysts

ExxonMobil & 13 Others to Partake in Huge Brazil Oil Auction

Brazil is set to conduct an auction of drilling rights for offshore prospects this November. The sale of the leases is expected to entitle Brazil to a signing bonus of around 106 billion Reais ($25 billion), making it the biggest so far. Deepwater blocks Atapu, Bouzios, Itapu, and Sepia — located in the pre-salt zone offshore Brazil — will be offered for sale on Nov 6, 2019 […]

Stock Analysts

Hibbett’s (HIBB) Robust Omni-Channel Efforts to Aid Growth

Hibbett Sports, Inc. HIBB is performing exceedingly well, thanks to its solid omni-channel capabilities, loyalty program and store-rationalization efforts. Moreover, management remains optimistic about a robust second-half fiscal 2020 on the back of the strategic efforts coupled with expectations of a strong finish to the back-to-school season and continued strength in product offerings. […]

Stock Analysts

Restaurant Brands Sales Building Efforts to Drive Growth

Restaurant Brands International Inc. ’s QSR solid expansion efforts, various sales-building strategies and focus on franchise business model bode well. Restaurant Brands is also optimistic about its strategies that are likely to drive comparable sales and profitability for all three iconic brands in the long run. […]

Stock Analysts

Brinker International Sales Building Efforts to Drive Growth

Brinker International, Inc.’s EAT robust earnings trend, sales-building initiatives, consistent expansion and operational initiatives as well as remodeling initiatives bode well. However, higher costs and declining comps at Chili’s franchised restaurants remain a concern. Let’s delve deeper into the factors substantiating for driving growth […]

Economic Data

ADP Posts 135K New Jobs, Slowing Across the Board

Wednesday, October 2, 2019 Monthly private-sector payrolls for September have been released ahead of the bell this morning by Automated Data Processing ADP , posting a total of 135K new private-sector jobs last month. This is well off the pace initially set a month ago, when August ADP numbers reached 195K. This August number has been dialed back significantly to 157K this morning […]

Mergers & Acquisitions

AArete Acquires Data Analytics And Digital Transformation Consultancy, Third I

AArete Acquires Data Analytics And Digital Transformation Consultancy, Third I Third I’s expertise in digital and advanced analytics, coupled with an outstanding company culture, will enhance AArete’s core values and mission to drive profitability while improving client capabilities PR Newswire CHICAGO, Oct. 2, 2019 CHICAGO , Oct. 2, 2019 /PRNewswire/ — AArete, a global management consulting firm driving client value through strategic profitability improvement, has acquired Third I, a data analytics and digital transformation consultancy headquartered in Washington D.C […]

Technicals

JinkoSolar Enters Oversold Territory

JinkoSolar Holding Co., Ltd. JKS has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at JKS given that, according to its RSI reading of 29.47, it is now in oversold territory […]

Technicals

OSI Systems Enters Oversold Territory

OSI Systems, Inc. OSIS has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at OSIS given that, according to its RSI reading of 27.69, it is now in oversold territory […]

Technicals

AMC Networks (AMCX) Upgraded to Buy: Here’s Why

Investors might want to bet on AMC Networks (AMCX), as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. A company’s changing earnings picture is at the core of the Zacks rating. […]