2018 - Page 1545 of 1751 -

Watching S&P 500 Breadth

Feb 28, 2018 Jeremy Parkinson Finance 0

As shown in the chart below pulled from our interactive Chart Tool (available to anyone), the S&P 500 remains just above its 50-day moving average. The percentage of stocks in the S&P 500 that are trading above their 50-day moving averages remains below the 50% mark, however, which is a sign of weak breadth relative to where […]

What Is ServiceNow’s 2018 Acquisition Strategy?

Feb 28, 2018 Jeremy Parkinson Finance 0

Photo Credit: Executive Networks Media/Flickr.com According to a MarketsandMarkets report published last year, the global cloud-based ITSM Market is estimated to grow 15% annually over the next few years to $8.78 billion by 2021. The growth is expected to be driven by increased adoption of BYOD policies and mobile devices across organizations. ServiceNow’s Financials ServiceNow (NYSE: NOW) recently […]

Brexit Weakens Rate Hike Support For Sterling

Feb 28, 2018 Jeremy Parkinson Finance 0

There are three main influence for sterling. The first is the general dollar direction. As widely recognized, the greenback was weak last year and this has continued into this year’s activity. After falling in January, the dollar is set to close higher against all the major currencies but the Japanese yen. Sterling’s 2.6% decline (~$1.3820) this […]

Second Estimate 4Q2017 GDP Growth Slows To 2.5 %

Feb 28, 2018 Jeremy Parkinson Finance 0

The headline second estimate of fourth-quarter 2017 Real Gross Domestic Product (GDP) marginally declined to a positive 2.5 % from the advance estimate’s 2.6 %. Year-over-year growth was unchanged from the advance estimate. Analyst Opinion of GDP There was little change between the advance and this second GDP estimate. The consumer spending declined from the previous quarter, […]

America’s New Steel And Aluminum Protectionism

Feb 28, 2018 Jeremy Parkinson Finance 0

Now that the White House seeks to turn China’s steel and aluminum overcapacity into a national security matter, America’s new protectionism risks international trade discord. Following a trade investigation of imports, U.S. Department of Commerce recently recommended imposing heavy tariffs or quotas on foreign producers of steel and aluminum in the interest of national security. […]

Comcast Corporation Shares Plunge On News Of Sky Takeover Bid

Feb 28, 2018 Jeremy Parkinson Finance 0

Comcast Corporation (CMCSA) Comcast shares fell in Tuesday trading following the news that the cable TV giant plans to place a $31 billion bid to take over Sky Networks (SKYAY). By mid-afternoon on Tuesday, shares of Comcast had fallen to the $37.10 range, a 6 percent drop. Comcast and Twenty-First Century Fox are […]

The Potential $54 Trillion Cost Of The Fed’s Planned Interest Rate Increases

Feb 28, 2018 Jeremy Parkinson Finance 0

The United States national debt is currently about $20 trillion, and the federal government is paying some of the lowest interest rates in history on that debt. The Federal Reserve has raised interest rates five times now and is publicly considering another seven increases between 2018 and 2020, for a total increase of 3%. What […]

Stratasys (SSYS) Q4 Earnings In Line, Revenues Top Estimates

Feb 28, 2018 Jeremy Parkinson Finance 0

Stratasys Ltd. (SSYS – Free Report) reported mixed results for fourth-quarter 2017, wherein earnings matched the Zacks Consensus Estimate while revenues surpassed the same. Both the metrics improved year over year. In the quarter under review, the company’s non-GAAP earnings per share came in at 16 cents, which increased 6.7% on a year-over-year basis. Quarter Details Stratasys’ revenues […]

Bayer (BAYRY) Q4 Earnings Beat Estimates, Sales Down Y/Y

Feb 28, 2018 Jeremy Parkinson Finance 0

Bayer AG’s BAYRY fourth-quarter 2017 core earnings per share from continuing operations were 42 cents per American Depository Receipt (“ADR”), which topped the Zacks Consensus Estimate of 31 cents. On Sep 20, 2017, Bayer performed an ADR ratio change. With the new ratio, four Bayer ADRs correspond to one Bayer ordinary share. The fourth quarter 2017 core […]

Here’s Why Office Depot (ODP) Fell Despite Q4 Earnings Beat

Feb 28, 2018 Jeremy Parkinson Finance 0

After reporting in-line earnings in the third quarter of 2017, Office Depot, Inc. ODP delivered a positive earnings surprise of 14.3% in the fourth quarter. Meanwhile, the top line came ahead of the Zacks Consensus Estimate for the second straight quarter. But despite reporting better-than-expected results, shares of this Zacks Rank #3 (Hold) company plunged 16% following the […]