F5 Networks, Inc. Posts Weaker Than Expected Q2 Earnings & Provides Subpar Guidance For Q3
F5 Networks, Inc. (Nasdaq: FFIV) late Wednesday posted weaker than expected Q2 earnings and provided subpar guidance for Q3 Written by StockNews.com The Seattle-based software developer reported Q2: earnings per share (EPS) of $1.95, which was $0.02 worse than the Wall Street consensus estimate of $1.97, revenues rose 7.1% from last year to $518.2 million, […]
TransUnion Announces Secondary Offering Of 15,000,000 Shares Of Common Stock And Purchase Of 1,500,000 Shares Of Common Stock
TransUnion (the “Company”) (NYSE: TRU) today announced that certain of its stockholders (the “Selling Stockholders”) intend to offer for sale in an underwritten secondary offering 15,000,000 shares of common stock of the Company pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (the “Commission”). In addition, certain of the Selling Stockholders […]
“I Am The King Of Debt. I Do Love Debt. I Love Debt.”
That’s a quote from candidate Donald J. Trump in May 2016. And today, he re-affirmed his predelictions, in his tax “sketch”. According to the Committee for a Responsible Federal Budget, the ten year central projection is for a cost of $5.5 trillion, resulting a $6.2 trillion augmentation to the debt. Source: CRFB (April 26, 2017). Ignoring dynamic effects, this […]
Earnings Trades In GOOGL, AMZN And More!
Stocks end the day unchanged as the big tax reveal lacked the details the market needs to decide whether it’s bullish or bearish. In tonight’s video we will focus on the big earnings announcements of the week. Two of the biggest companies on the planet, GOOGL and AMZN, will release their latest quarterly numbers. Here […]
Subprime Credit Card Losses Bite Capital One: Income Down 20%, Charge-Offs Up 30%
Capital One missed earnings estimates by a mile as Credit Card Charge-Offs Jump 30% What’s in your wallet? Capital One Financial Corp. reported a 20% drop in first-quarter net income from a year earlier as losses jumped for U.S. credit cards and the bank took a bigger provision charge for credit losses. The firm, known […]
The Miraculous Stair – A Rally Of Legend
In 1878, after nine days of Nun’s prayers, a rare helix-shaped spiral staircase leading up to a loft appeared at the Loretto Chapel in Santa Fe. With no attachment to a wall and built with dowels and wooden pegs, this staircase is billed as a “miracle.” The builder, whoever he was, built a innovative masterpiece. […]
Buffalo Wild Wings Slashes Forecast As Q1 Earnings Miss Badly
Written by StockNews.com Buffalo Wild Wings (BWLD) Wednesday posted much worse than expected first quarter earnings results and cut its full-year profit outlook, as it looks to cut costs and sell some of its company-owned namesake restaurants.
Wyndham Worldwide – Chart Of The Day
The Chart of the Day belongs to Wyndham Worldwide (WYN). I found the hotel/motel operator by using Barchart to sort today’s All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy in 1/20 the stock gained 30.59%. […]
Why Is The Fed So Fixated On The Inflation Rate?
The Federal Reserve has an inflation target of 2% per year. That target appears to be a minimum: They are concerned when inflation falls below their target but appear to be content with inflation above 2%. The current inflation rate from March 2016 to March 2017, measured by the Consumer Price Index, is 2.4%. Prices […]
