Month: November 2019

The U.S. economy grew at a moderate pace in October, primarily boosted by an uptick in consumer spending. […]

Per Reuters, Deutsche Bank AG DB has come up with the sale of unwanted assets worth $50 billion to Goldman Sachs GS , continuing with its overhauling moves for reviving profitability. The move is part of the bank’s overhaul of emerging-market debt holdings. Part of the company’s restructuring moves included creation of a new Capital Release Unit, also called a bad bank […]

Allegheny Technologies Inc. ATI issued $350 million of 5.875% senior unsecured notes due December 2027. […]

The Toronto-Dominion Bank TD and its affiliates, including TD Group US Holdings LLC’s ratings have been affirmed by Moody’s Investors Service, the rating division of Moody’s Corp. MCO . […]

Box, Inc. BOX reported fiscal third-quarter 2020 loss per share of 1 cent, which was inline with the Zacks Consensus Estimate. […]

Return on Equity (ROE) is one of the most coveted metrics by investors. The metric enables investors to differentiate between a profit-churner and a profit-burner. […]

Analog Devices Inc. ADI reported fourth-quarter fiscal 2019 adjusted earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.21. Moreover, the bottom line decreased 19.6% year over year and 12.5% sequentially […]

Central Garden & Pet Company CENT reported fourth-quarter fiscal 2019 results, wherein the bottom line missed the Zacks Consensus Estimate, while sales surpassed the same. Although net sales improved on a year-over-year basis, earnings per share declined from the year-ago period. Per management, acquisitions of the highly seasonal Bell Nursery business along with sluggishness in animal health businesses affected results, owing to bad weather, inventory write-offs and increase in shares outstanding. […]

Dell Technologies DELL reported third-quarter fiscal 2020 non-GAAP earnings of $1.75 per share that beat the Zacks Consensus Estimate by 15.8%. Revenues increased 1.2% year over year to $22.93 billion, driven by strong growth in storage, commercial and VMware revenues. […]

Shares of Burlington Stores, Inc. BURL rose 8.5% during the trading session on Nov 26. The stock received a shot in the arm following the company’s third-quarter fiscal 2019 results, wherein the bottom line surpassed the Zacks Consensus Estimate and came ahead of management’s expectations […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Vale S.A VALE recently announced that it will incur a non-cash impairment charge of approximately $1.6 billion in fourth-quarter 2019 and write-down its New Caledonia mine in connection with annual strategic planning process and comprehensive review of business prospects. Reliability of production and processing of the ore originating from New Caledonian operations has been acting as an impediment to Vale’s Base Metals business so far this year. Consequently, the company has reduced the expected production levels for the remaining life of the mine […]

Seaway Crude Pipeline Company LLC — a jointly owned entity by Enterprise Products Partners LP EPD and Enbridge Inc. ENB — has decided to launch an open season to expand capacity of its existing crude pipeline network that extends to the Texas Gulf Coast from Cushing, OK. […]

Golar LNG Limited GLNG incurred a loss (excluding 44 cents from non-recurring items) of 37 cents per share in third-quarter 2019, wider than the Zacks Consensus Estimate of a loss of 25 cents. Moreover, the amount of loss increased year over year. Total operating revenues amounted to $93.07 million, falling short of the Zacks Consensus Estimate of $101 million. […]