Domino’s Pizza Comps Skyrocket As Q1 Earnings Top Expectations
Apr 27, 2017Jeremy Parkinson0
Written by StockNews.com Domino’s Pizza, Inc. (NYSE: DPZ) early Thursday posted much better than expected first quarter earnings results, as sales at established stores surged from last year.
UPS Shares Rise On Earnings Beat, Sirius XM Holdings Inc. Falls On In-Line Results
Apr 27, 2017Jeremy Parkinson0
UPS (UPS) and Sirius XM (SIRI) released their latest earnings reports before opening bell this morning. UPS reported earnings of $1.32 per share on $15.3 billion in revenue, against the Wall Street consensus estimates of $1.29 per share and $15.2 billion. In last year’s first quarter, the shipping company reported $1.27 per share in earnings […]
Dow Chemical Tops Q1 Earnings & Sales Estimates
Apr 27, 2017Jeremy Parkinson0
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
Apr 27, 2017Jeremy Parkinson0
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
Apr 27, 2017Jeremy Parkinson0
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
Apr 27, 2017Jeremy Parkinson0
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
Apr 27, 2017Jeremy Parkinson0
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 – […]
E Trump’s Trade War Takes Dead Aim At Canada
Apr 27, 2017Jeremy Parkinson0
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
Apr 27, 2017Jeremy Parkinson0
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
Apr 27, 2017Jeremy Parkinson0
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 […]