Why FedEx Earnings Were Less than Investors Hoped For
FedEx reported Q3 adjusted diluted EPS of $2.07 on revenues of $15 billion. Q3 results compare to the Thomson Reuters consensus estimates for EPS of $2.62 and $14.99 billion in revenue.
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Year: 2017
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Nike Falls Flat Despite Solid Earnings Beat
Nike, Inc. (NYSE: NKE) reported its most recent quarter financial results after the markets closed on Tuesday. The company posted $0.68 in earnings per share (EPS) and $8.4 billion in revenue, versus consensus estimates…
Tuesday’s Biggest Winners and Losers in the S&P 500
March 21, 2017: The S&P 500 closed lower on the day, down 1.24% and 29.46 points to 2,344.01. Separately the DJIA closed down 1.14% on the day at 20,668.01, down approximately 237.85 points. Prior…
Rite Aid, Valeant Drop into Tuesday’s 52-Week Low Club
Rite Aid, J.C. Penney, Valeant, and Cobalt Energy all posted new 52-week lows on Tuesday.
Goldman Sachs, JPMorgan Sink DJIA Tuesday
Goldman Sachs, JPMorgan, Caterpillar, and Boeing led the Dow Jones Industrial Average to a significant loss on Tuesday.
More Cost Cuts Likely For Newspaper Industry–Moody’s
The traditional newspaper business in the U.S. will continue its decline, according to Moody’s Investor Services. One of the few points of relief will be the ability to cut costs. Moody’s believes this is…
America’s Favorite Classic Cars
AutoNation reviewed nearly 200,000 Instagram posts to find the American classic cars most mentioned and most liked models. The results might be surprising.
Kickstarting America’s Stalled Productivity Growth
In each of the past three years, U.S. productivity has risen less than 1%, well below an average of about 2.2% since the end of World War II. Josh Bivens suggests how to raise…
Why Pulmatrix Investors Are Breathing a Sigh of Relief
Pulmatrix saw its shares take a massive jump on Tuesday after the company announced that it received a crucial patent approval in Europe.
Floor & Décor Files for IPO
FDO Holdings, or Floor & Décor Holdings, has amended its filing with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO).
What Sprouts Can Fetch in a Buyout
It was reported Sunday that Albertsons and Sprouts Farmers Market held preliminary merger talks with proposed plans to take Sprouts private.
Apple Launches New iPad, iPhones, Video App
Apple launched a new 9.7-inch, budget-priced iPad, two new iPhones, and a (free) video-editing app this morning.
Top 3 Earnings to Look for Late Tuesday
24/7 Wall St. has put together a preview of the impending quarterly reports from FedEx, Nike and Petrobras.
5 Biotech Stocks That Could Skyrocket From Upcoming Catalysts
A new SunTrust Robinson Humphrey research report focuses in on biotech companies that have upcoming clinical data that could prove to be huge.
Why Costco Is Teeing Off on Titleist
Some people might not be above stretching the truth on the golf course, which can be harmless. But patent infringement on golf ball performance and how it stacks up against competitors is a serious…