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Dow Chemical Tops Q1 Earnings & Sales Estimates

Dow Chemical Tops Q1 Earnings & Sales Estimates

Dow Chemical (DOW – Free Report) is the biggest U.S. chemical maker by sales, offering a vast range of chemical, plastic and agricultural products and services. As the company’s products are used in almost every industry, its results put a spotlight on end market scenario and demand trends for chemical products across a bevy of industries. Dow is […]
Investors Take A Shine To Floor & Decor

Investors Take A Shine To Floor & Decor

Investors have taken a shine to Floor & Decor (NYSE: FND). The deal was priced way above the $16-18 filing range at $21. The story is fairly simple – FND is like Home Depot for floor products. It’s a massive one-stop shop that appeals to both professionals and homeowners. If you missed it you can review […]
Pre-ECB Analysis: EUR/USD Breakouts Possible

Pre-ECB Analysis: EUR/USD Breakouts Possible

The European Central Bank is set to keep its ultra-easy policy stance firmly in place this Thursday afternoon (11:30 AM GMT) but may acknowledge better growth prospects, setting the stage for a small signal as early as June about an eventual reduction of stimulus. Volatility on EUR/USD could be expected. Technically the EUR/USD 4h chart […]
Bull Of The Day: Lam Research

Bull Of The Day: Lam Research

Lam Research (LRCX – Free Report) delivered the goods on April 18 that I had been telling you about for two months in articles like “Give Me Sales Growth!” on February 25 and “3 Tech Stocks to Buy on This Pullback” from April 12. Here’s what I told my TAZR Trader group, where we first bought LRCX under $115 […]
Oil Deliciously Weak

Oil Deliciously Weak

First off, wholly unrelated to this post, I’ve got to express amusement about the latest Trump flip-flop, which is the NAFTA switch. Yesterday, we were going to leave NAFTA. I wake up this morning and see that he’s changed his mind. Not that I care – seriously, it matters hardly an iota to me – […]
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                        Trump’s Trade War Takes Dead Aim At Canada

E Trump’s Trade War Takes Dead Aim At Canada

President Trump has started his trade war by slapping maximum of 24% countervailing duty on Canadian softwood lumber entering the United States. This is yet another episode in this long-standing dispute with Canada that goes back more than two decades. The crux of the issue is the alleged subsidies provided to the Canadian industry. The […]
Johnson Controls Q2 Earnings In Line, Revenues Beat

Johnson Controls Q2 Earnings In Line, Revenues Beat

Johnson Controls International plc (JCI – Free Report) is a supplier of automotive interiors, batteries, and other control equipment. The company is focused on a comprehensive cost saving program along with improving productivity. Johnson Controls will benefit from acquisitions and mergers. Johnson Controls’ merger with Tyco is part of the former’s strategy to become a leading global multi-industrial […]
Sensex Finishes Lower; Metal & FMCG Stocks Drag

Sensex Finishes Lower; Metal & FMCG Stocks Drag

Share markets in India finished on a weak note as investors continued to book profits ahead of the April F&O expiry. At the closing bell, the BSE Sensex closed lower by 104 points, whereas the NSE Nifty finished lower by 10 points. The S&P BSE Midcap finished up by 0.1% while the S&P BSE Small Cap Index ended flat. Among the BSE sectoral indices, metal […]
Just Go With It

Just Go With It

Trump hasn’t started a war. Yet. Other market worries like the French election also turned out to be overblown—so far at least. We’ve seen some zigs and zags in the past two weeks as the market bought into, then dismissed, then bought into the reflation trade.  I remain cautious for both political and economic reasons […]
Southwest Airlines Warns Q2 Costs Will Rise As Q1 Earnings Miss

Southwest Airlines Warns Q2 Costs Will Rise As Q1 Earnings Miss

Written by StockNews.com Southwest Airlines Co. (NYSE: LUV) early Thursday posted worse than expected first quarter earnings results and warned that its costs would increase substantially in Q2. The Dallas-based airline operator reported Q1: earnings per share (EPS) of $0.61, which was $0.02 worse than the Wall Street consensus estimate of $0.63, revenues rose 1.2% from […]