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Brexit Concerns, Walgreens Earnings, Rising Bonds All Could Be Possible Rally Barriers
Tuesday, April 2, 2019 - 9:41am | 2128How can Wall Street follow up its best day in nearly two months? That’s the question Tuesday after the S&P 500 (SPX) touched a nearly six-month high Monday amid growing enthusiasm about both the U.S. and Chinese economies. If anything stands in the way of continued gains, it might be...
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China Strength Appears To Give Markets An Early Boost Despite Weak Retail Sales Data
Monday, April 1, 2019 - 10:02am | 2037Friday’s enthusiasm looks like it might spill over into the new week as the focus remains squarely on China. A surprisingly healthy reading from China’s manufacturing sector early Monday was the first positive data out of that country in a while. While this could be a sign that Beijing...
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April's Markets Face Global Issues, Quarterly Earnings Season
Thursday, March 28, 2019 - 11:33am | 1493Unlike last month, which dawned with key deadlines looming and a Fed meeting in the wings, April begins with a pretty wide runway leading up to the start of earnings season at mid-month. Some of the worst-case scenarios investors appeared worried about a month ago don’t appear to be as...
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Yields In Focus Again As 10-Year Falls Below 2.4%; Homebuilder Earnings Digested
Wednesday, March 27, 2019 - 9:57am | 2172The interest rate shuffle might continue today, with U.S. stocks apparently taking their cue from what’s going on in the Treasury market. A negative tone prevailed early as yields sank again. A few weeks ago, stocks and Treasuries were both marching upward in sync, which is a bit unusual. Now...
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Yields Still Center Stage, But A Slight Uptick Appears To Loosen Chokehold On Market
Tuesday, March 26, 2019 - 10:48am | 2204Earlier this year, the latest rumors about trade negotiations with China could sometimes send U.S. stocks off to the races or into the pits. These days, it looks like moves in the interest rate complex might be having the same impact. With China talks simmering but not sizzling, interest rates now...
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Strength Appears To Continue As China Offers Stimulus Plan
Friday, March 15, 2019 - 10:29am | 2294Stocks seemed determined to end what’s been a powerful week in the green. A positive tone infused the markets early Friday in part on optimism about China as investors eyed the latest trade news and also viewed more economic stimulus from the Beijing government. We’ll get to the trade...
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Delphi Beats Quarterly Consensus EPS, Revenue In-Line With Expectations
Friday, February 22, 2019 - 12:24pm | 707(IMAGE: DELPHI) EPS Delphi Technologies (NYSE: DLPH) beat Wall Street's consensus expectations of its fourth quarter non-GAAP earnings per share (EPS) of $0.88 by 20 percent according to Seeking Alpha. However, quarterly EPS decreased 14.5 percent year-over-year (Y/Y) from $1.24 to $1.06. In...
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Uber's Robust Growth Makes Up For Losses, As Company Gears Up For IPO This Year
Monday, February 18, 2019 - 12:32pm | 756Uber announced its fourth quarter 2018 earnings yesterday, reporting a net loss of $865 million and an adjusted pro-forma net loss of $768 million. Though the figures on the outset look better than Q3 2018 pre-tax net loss of $971 million, the Q4 2018 net loss was lessened due to a tax benefit,...
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After Blowout Q3, Twitter Earnings Ahead With Focus On User Growth
Wednesday, February 6, 2019 - 11:22am | 1048Last week’s solid earnings from Facebook, Inc. (NASDAQ: FB) might have raised the stakes for Twitter Inc (NYSE: TWTR), a company in the same social media space reporting this Thursday. FB’s quarter was arguably a pleasant surprise considering some of the controversies hanging...
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Saia's Earnings Are Solid; Schneider Gets An Uplift From Merrill Lynch
Monday, February 4, 2019 - 4:26pm | 1041Two more strong reports are in from a fourth quarter that brushed aside concerns of a significant downward trend in freight markets. – Less than truckload (LTL) carrier Saia Inc (NASDAQ: SAIA) reported a 12.9 percent increase in revenue, a 45.4 percent increase in operating income...
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Facebook's Rough 2018 Hits Finish Line With Q4 User, Ad Growth In Focus
Tuesday, January 29, 2019 - 1:35pm | 1017Looking back, 2018 is arguably a year Facebook (NASDAQ: FB) might rather forget. Highlights (or lowlights) for the social network company included top executives having to testify to legislators about mishandled data exposing millions of users, the hacking of nearly 50 million accounts, and the...
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Marten's Earnings Are Confirming A Trend: The Slowdown In 4Q Wasn't That Slow After All
Friday, January 25, 2019 - 10:52am | 907If there was a significant freight market slowdown in the fourth quarter, there haven't been too many signs of it in any earnings reports that have been issued so far. The report released Thursday by Marten Transport, Ltd (NASDAQ: MRTN) is the latest truckload carrier that is putting...
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Geopolitics Aside, How About Those Earnings? Investors Appear To Switch Focus
Wednesday, January 23, 2019 - 11:15am | 2264Like a rubber band, it appears stocks are ready to snap back from Tuesday’s sharp losses as investors ponder a fresh set of earnings news. At the same time, nothing else seems to have really changed much. The same old stew of geopolitics continues to be the backdrop, with little...
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Bunge Swings To Q1 Profits; Slips In Meeting Forecasts; Lowers Guidance
Thursday, April 29, 2010 - 9:02am | 146Agrichemicals group Bunge (NYSE: BG) swung to profits in the first quarter but cut its 2010 outlook on expectations of lower oilseed processing margins and a fall in retail fertilizer sales. Bunge earned $63 million, or $0.31 a share, after losing $195 million in the prior-year period. Excluding...
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Top 5 Mid-Cap Stocks In The Industrial Goods Sector With The Highest 5-Y Earnings Estimate (GFA, DRC, SHAW, FLIR, SRCL)
Friday, January 22, 2010 - 8:16am | 250Below are the top 5 mid-cap industrial goods stocks on the NASDAQ and the NYSE in terms of 5-year earnings growth. The five-year earnings growth estimate for Gafisa SA (NYSE: GFA) is 43.6%. GFA’s market capitalization is $3.55 billion. GFA posted higher-than-expected earnings for the November...