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Chris Lange

What to Expect From Hewlett-Packard Earnings

Wikimedia CommonsHewlett-Packard Company (NYSE: HPQ) will report its fourth-quarter earnings Tuesday after the market close. Thomson Reuters has consensus estimates of $1.06 in earnings per share and $28.76 billion in revenue. The fourth quarter…

Chris Lange · 12 years ago

Consumer Confidence Retreats from Recovery High

ThinkstockThe Conference Board released its consumer confidence index for November as 88.7, below the Bloomberg consensus estimate of 96.5. The previous reading in October was a recovery high at 94.1. The Present Situation Index declined…

Chris Lange · 12 years ago

Why Analysts Keep Chasing Palo Alto Higher After Earnings

ThinkstockPalo Alto Networks, Inc. (NYSE: PANW) reported its first-quarter earnings Monday after the market close as $0.15 in earnings per share and $192.3 million in revenue. The Thomson Reuters consensus estimates were $0.12 in earnings…

Chris Lange · 12 years ago

Key Analyst Reviews American Tower’s Position

ThinkstockAmerican Tower Corp. (NYSE: AMT) is an independent owner and operator of wireless broadcast and communications real estate, and its asset portfolio includes over 65,000 towers worldwide. American Tower has a solid track record…

Chris Lange · 12 years ago

What the Preliminary GDP Reading Means for the Holidays

ThinkstockThe Bureau of Economic Analysis released the preliminary reading for real GDP growth at a seasonally adjusted annual rate of 3.9%. This came in above both Dow Jones and Bloomberg estimates of 3.3%, which…

Chris Lange · 12 years ago

Seagate Loses Last Junk Bond Rating

ThinkstockSeagate Technology PLC (NASDAQ: STX) received good news on Monday, that its unsecured debt rating had been upgraded by Moody’s. What this means is that Seagate is now considered investment grade by all three of…

Chris Lange · 12 years ago

Why the Cimatron Acquisition Matters to 3D Systems

Thinkstock3D Systems Corporation (NYSE: DDD) announced that it will acquire all outstanding shares of Cimatron Ltd. (NASDAQ: CIMT) for $8.97 per share in cash, the total transaction is valued at $97 million, inclusive of…

Chris Lange · 12 years ago

How Analysts Rate Shell Midstream Partners

ThinkstockThe quiet period for Shell Midstream Partners, L.P. (NYSE: SHLX) has been lifted and analysts are beginning to weigh in on the company and its post-IPO performance. While oil prices and many oil companies…

Chris Lange · 12 years ago

Amgen Surprise, Discontinues Stomach Cancer Drug Study

ThinkstockAmgen Inc. (NASDAQ: AMGN) announced the termination of all Amgen-sponsored clinical studies of rilotumumab in advanced gastric cancer. This includes phase 3 RILOMET-1 and RILOMET-2 studies. The decision to discontinue was made based on…

Chris Lange · 12 years ago

Big News for Ebola Stocks

Monday may have started out as a fairly quiet news day for most stock sectors on a shortened week, but don't tell that to the Ebola drug stocks.

Chris Lange · 12 years ago

Splunk Back in Favor After Earnings and Analyst Calls

ThinkstockSplunk Inc. (NASDAQ: SPLK) reported its third-quarter results Thursday after the market close as $0.02 in earnings per share and $116.0 million in revenue. That was against Thomson Reuters consensus estimates of $0.01 in…

Chris Lange · 12 years ago

Would Casinos Really Make Good REITs?

Caesars Entertainment shares responded favorably to news that the company may restructure as a real estate investment trust (REIT).

Chris Lange · 12 years ago

CPI Firms Up in October

The U.S. Department of Labor's November Consumer Price Index (CPI) reading came in flat against a Bloomberg consensus estimate.

Chris Lange · 12 years ago