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'Dividends,' 'China,' 'Inflation' And More: AI Reveals What Worried Investors Are Searching For In Troubled Times
Thursday, March 9, 2023 - 7:02am | 571The economy is navigating through uncertain times and this uncertainty has seeped down into all sectors of the economy. Corporate profit growth has been no exception and has suffered due to slowing demand and rising costs. What Happened: Investors, unsurprisingly, were a lot concerned about several...
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Why Tesla's Stock Traded 17% Higher On Monday
Monday, April 13, 2020 - 11:33pm | 508Tesla Inc. (NASDAQ: TSLA) shares added 17% in the regular session and the after-hours session on Monday to trade significantly above the $600 mark. Automaker Outperforms Wider Market The sharp surge came as the wider market saw a slump. The S&P 500 Index closed 1% lower at 2761.6, Dow Jones...
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Leveraged Energy ETFs For Earnings Season
Tuesday, April 12, 2016 - 8:15am | 691First-quarter earnings season starts in earnest this week, and while expectations for multiple sectors, including energy, are not so great, opportunities with leveraged sector exchange-traded funds are bound to present themselves in the coming weeks. That includes the Direxion Daily Energy 3X Bear...
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UPDATE: Piper Jaffray Upgrades FactSet Research on Improving Industry Dynamics
Thursday, May 23, 2013 - 9:12am | 88In a report published on Thursday, Piper Jaffray analyst Peter P. Appert Upgraded FactSet Research (NYSE: FDS) from Neutral to Overweight and raised the price target on the company from $95 to $121. In the report, Piper Jaffray noted, "We believe improving demand dynamics, an evolving...
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Macy's Shows 20 Percent Profit on Strong Q1 Sales
Wednesday, May 15, 2013 - 1:43pm | 524Cool temperatures and consumer economic concerns did not dampen enthusiasm of shoppers at Macy’s Inc. (NYSE: M) during Q1. At least, not too much. The company reported a 20 percent bump in profit and is increasing its dividend to 25 cents from the current 20 cents, according to The Associated...
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Earnings Expectations for the Week of June 11 (KR, PIR, WGO)
Sunday, June 10, 2012 - 11:56am | 863First-quarter results from Kroger (NYSE: KR) will highlight another quiet week on the earnings front. The consensus forecast calls for year-over-year growth in both per-share earnings and revenues. Others scheduled to post results this week include FactSet Research Systems (NYSE: FDS), Pier 1...
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Consumer Confidence Sees Abrupt Decline in January
Tuesday, January 31, 2012 - 3:24pm | 475Hopes of a sustained growth to the US economy cooled somewhat as consumer confidence showed an abrupt decline this morning. Instead of a 68.0 reading predicted by FactSet-surveyed economicts, the Conference Board showed the Consumer Confidence Index standing at 61.1. The index is based on a base...
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Earnings Expectations for the Week of December 12
Sunday, December 11, 2011 - 12:13pm | 910Again this week, things will be fairly quiet on the earnings front. Among the week's most high profile quarterly reports are those from Best Buy (NYSE: BBY) and Darden Restaurants (NYSE: DRI), which are forecast to post lower per-share earnings, as well as Discover Financial (NYSE: DFS) and FedEx (...
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Piper Jaffray Raises PT On FactSet Research To $103
Wednesday, June 15, 2011 - 6:40am | 27Piper Jaffray has raised the price target on FactSet Research (NYSE: FDS) from $89 to $103 and maintains its Neutral rating.
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Sears Declare Earnings: Face Second Quarter Loss (SHLD)
Thursday, August 19, 2010 - 7:54am | 102Sears Holdings Corp (NYSE: SHLD), said its second-quarter net loss shrank to $39 million, or $0.35 a share, from $94 million, or $0.79 a share, in the earlier quarter. The company reported an adjusted net loss of $0.19 per share compared to $0.17 per share in the previous year. Original forecast...
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Snap-on Inc (SNA) Sales And Profit Beat Forecasts
Tuesday, April 20, 2010 - 7:55am | 93Tool maker Snap-on Incorporated (NYSE: SNA) announced 1st quarter financial results on Tuesday that beat Wall Street forecasts. Snap-on Inc. reported that its 1st quarter net income rose 6% to $36.8 million, or 63 cents per share, up from $34.8 million, or 60 cents per share, a year earlier. Sales...
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IDEX Corp. (IEX) $37 Million Profit Beats Estimates
Monday, April 19, 2010 - 10:52am | 112IDEX Corporation (NYSE: IEX) released financial results on Monday morning that beat Wall Street forecasts. IDEX Corp. reported that its 1st quarter earnings jumped to $37 million, or 45 cents per share, up from $23 million, or 28 cents per share, a year earlier. Sales at IDEX Corp. climbed to $356...
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M&T Bank (MTB) Surprises With Profit Surge
Monday, April 19, 2010 - 9:54am | 94M&T Bank Corporation (NYSE: MTB) released financial results on Monday that easily beat Wall Street's expectations. M&T Bank Corp. reported that its 1st quarter net income climbed to $151 million, or $1.15 per share, up from $64.2 million, or 49 cents per share, a year earlier. A poll of...
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McMoRan Exploration (MMR) Reports Bigger Than Expected Loss
Monday, April 19, 2010 - 9:41am | 102McMoRan Exploration Co. (NYSE: MMR) surprised Wall Street on Monday morning when it announced a much bigger than expected loss. McMoRan Exploration Co. reported a 1st quarter loss of $66 million, or 74 cents per share, compared to a loss of $63 million, or 90 cents per share, a year earlier....
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Arch Coal (ACI) Swings To 1st Quarter Loss
Monday, April 19, 2010 - 8:35am | 150Arch Coal, Inc. (NYSE: ACI) failed to meet Wall Street expectations when it announced that it had swung to a 1st quarter loss. Arch Coal reported a 1st quarter loss of $1.8 million, or 1 cent per share, down from net income of $30.6 million, or 21 cents per share, a year earlier. Excluding special...