Author Archive: Jeremy Parkinson
Limelight Networks, Inc. Shares Increase On Better Than Expected Earnings
Limelight Networks, Inc. (LLNW), a global company that provides content delivery network services to deliver digital content over the Internet yesterday reported their first quarter 2017 financial results. Limelight reported a loss of $3.3 million in the first quarter. Limelight reported first quarter adjusted earnings of $0.02 per share which beat analyst expectations of breakeven. […]
The Coca-Cola Co. Misses On Earnings, Eli Lilly And Co. Beats Estimates
Coca-Cola and Eli Lilly released their first quarter earnings reports before opening bell this morning. Coca-Cola reported adjusted earnings of 43 cents per share on $9.1 billion in revenue, compared to the analyst estimates of 44 cents per share and $8.9 billion in revenue. Eli Lilly posted adjusted earnings of 98 cents per share on […]
Morning Call For Tuesday, April 25
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM17 +0.17%) this morning are up +0.17% and European stocks are up +0.19% at a 20-month high on positive carry-over from Sunday’s presidential elections in France. The results of the election have reduced market uncertainty as pro-EU candidate Macron holds a substantial lead in the polls ahead of […]
It’s Tuesday And This Market “Sees No Demons”
Well here we are on Tuesday, frozen in time as a whole lot of markets sit precariously close to knee-jerk, French election levels ahead of what’s being billed as a “bigly” unveil on taxes from the Trump administration. As you’ve undoubtedly heard, the President is basically going to come out and tell voters how “phenomenal” it’s going […]
Rigs Or Mortis
Crude oil prices are dead with rig-or mortis or the adding of oil rigs weigh on market sentiment. Shale producers are expected to continue leverage up to the hilt with some producing the type of oil that no one really wants with a hope that prices do not crash and drive them into bankruptcy. The […]
This Could Be One Of The Biggest Winners Of The Electric Car Boom (SPONSORED POST)
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. There’s a new metal in town, and it’s bigger than lithium—and hotter than any other commodity on the market right now. Supply is fantastically tight and set to get phenomenally tighter. Analysts at […]
Australian, NZ Dollars Drop On Firming Fed Outlook – Will It Last?
Optimism following the outcome of first-round voting in the French presidential election continues to define currency market price action. The Euro is leading most regional majors upward as updated polls suggest centrist Emmanuel Macron will beat eurosceptic Marine Le Pen by a margin of approximately 60 to 40 percent in the second round on May 7. The broader markets’ […]
General Motors Loses Supreme Court Battle Over Ignition Switches
On Monday, the Supreme Court ruled against General motors over the ignition switch issue. That will likely have a negative impact on the stock for quite some time. In other negative news, the company announced that it had to shut down a plant in Venezuela. The good news is that General Motors made it out […]
Accelerating Into The Carvana IPO
Summary Carvana Company (Pending:CVNA) expects to raise $210 million in its upcoming IPO ($242 million if the underwriters exercise their option to purchase additional shares). Based in Phoenix, Arizona, Carvana is a leading ecommerce platform for selling used cars. Carvana will offer 15.0 million shares at an expected price range of $14-16. If the underwriters price the […]
Raymond James Downgrades Amazon With Shares Up 21% This Year
Raymond James analyst Aaron Kessler downgraded Amazon.com to Market Perform from Outperform and removed his previous $925 price target. The shares are fairly valued after rallying 21% this year and 44% over the last 12 months, Kessler tells investors in a research note. The analyst expects Amazon’s investment levels to remain elevated in the near-term […]
