PepsiCo Q1 Earnings Beat The Street, Reiterates Forecast
Apr 26, 2017
Jeremy Parkinson
Finance
PepsiCo, Inc. (NYSE:PEP) early Wednesday posted market-beating first quarter earning and backed its full-year outlook.
Sensex & Nifty Close At All-Time Highs; M&M Tops The Gainers
Apr 26, 2017
Jeremy Parkinson
Finance
Share markets in India finished on a strong footing on positive global cues, strengthening of rupee, healthy corporate earnings and FII inflows into the market. At the closing bell, the BSE Sensex closed higher by 190 points, whereas the NSE Nifty finished higher by 45 points. The S&P BSE Midcap and the S&P BSE Small […]
The Stock Whisper Of The Day: TWTR, FCAU, JNUG
Apr 26, 2017
Jeremy Parkinson
Finance
Hot stocks of the day: TWTR, FCAU, JNUG Video length: 00:05:50
Potential Biotech Breakout In Play
Apr 26, 2017
Jeremy Parkinson
Finance
The landscape seems to be changing within the Biotech sphere. Over the course of the last 6 months we have seen numerous US politicians come out against price gouging activities within the sector, with many taking a general stance that pricing is perhaps too high. Certainly Hillary Clinton was vocal on the matter (Bernie Sanders […]
Trading Trump’s Tax Plan: Buy … Euros?
Apr 26, 2017
Jeremy Parkinson
Finance
On Tuesday, the ECB again exhibited its penchant for leaking market-moving information about monetary policy to Reuters when three unnamed sources tipped a hawkish lean in June. To be sure, that’s not entirely surprising. With “batshit populist president” risk now seemingly off the table in France thanks to Emmanuel Macron’s daunting lead in the polls […]
Boeing Co. Shares Fall On Sales Miss, Nasdaq OMX Earnings Results Mixed
Apr 26, 2017
Jeremy Parkinson
Finance
Boeing (BA) and Nasdaq OMX (NDAQ) released their latest earnings reports before opening bell this morning. Boeing posted adjusted earnings of $2.01 per share on $21 billion in revenue, while Wall Street had been looking for earnings of $1.91 per share and $21.3 billion in sales. In last year’s first quarter, the airplane manufacturer reported […]
Loonie Loses Amid Protectionist Proposals
Apr 26, 2017
Jeremy Parkinson
Finance
Written by Jamie Dutta “Canada has made business for our dairy farmers in Wisconsin and other border states very difficult. We will not stand for this. Watch!” The first 100 days of the Trump Presidency ends this Saturday and it seems we are back to monitoring @realDonaldTrump tweets once again. After the above Trump volley, the […]
United Technologies Corporation Q1 Profit & Revenue Top Estimates
Apr 26, 2017
Jeremy Parkinson
Finance
United Technologies Corporation (NYSE:UTX) early Wednesday posted better-than-expected first quarter earnings results and backed its full-year outlook, as demand remains robust for its industrial products.
Akebia Therapeutics, Inc. Shares Shoot Up On Announcement Of Collaboration With Otsuka
Apr 26, 2017
Jeremy Parkinson
Finance
Akebia Therapeutics, Inc. (AKBA), a biopharmaceutical company yesterday announced that they have extended their collaboration with Otsuka Pharmaceutical Co. and will now develop and commercialise Vadadustat in Europe China and other territories. Vadadustat is used to treat anemia patients with chronic kidney disease and is currently in late stage clinical trials. Akebia Therapeutics, Inc. CEO’s Comments […]
Hershey Co., Procter & Gamble Co. Beat On Earnings, Miss On Sales
Apr 26, 2017
Jeremy Parkinson
Finance
Hershey, and Procter & Gamble released their latest earnings reports before opening bell this morning. Hershey posted adjusted earnings of $1.31 per share on $1.88 billion in sales, compared to the analyst estimates of $1.25 per share and $1.9 billion. In the same quarter a year ago, the chocolate maker reported $1.8 billion in revenue. […]