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Sales of new homes fall 6.6% in June
Sales of new homes fall 6.6% in June
| July 26th | 2021  11:22AM
Sales of new homes fall 6.6% in June
WASHINGTON (AP) — Sales of new homes fell for a third straight month in June, dropping by 6.6%. to the lowest level in more than a year. The June sales decline left sales at a seasonally adjusted annual rate of 676,000, the Commerce Department reported Monday. That followed a 7.7% sales decline in May and a 10.1% fall in April. The pace last month was down 19.4% from a year ago and the slowest since April 2020.
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Struggling startup Lordstown Motors gets $400M investment
Struggling startup Lordstown Motors gets $400M investment
| July 26th | 2021  11:18AM
Struggling startup Lordstown Motors gets $400M investment
LORDSTOWN, Ohio (AP) — Lordstown Motors has received a $400 million investment as the struggling electric truck maker continues to push toward production of its new pickup this fall. The Ohio company, which has been under scrutiny over the claims it has made about the number of orders it has received for its trucks, said in a filing Monday…
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Fed to discuss a pullback in economic aid with inflation up
Fed to discuss a pullback in economic aid with inflation up
| July 26th | 2021  11:18AM
Fed to discuss a pullback in economic aid with inflation up
WASHINGTON (AP) — With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultra-low-interest rate policies. For now, the U.S. economy is growing briskly in the wake of the pandemic recession, and the pace…
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PerkinElmer to pay $5.25B for antibody maker BioLegend
PerkinElmer to pay $5.25B for antibody maker BioLegend
| July 26th | 2021  11:17AM
PerkinElmer to pay $5.25B for antibody maker BioLegend
PerkinElmer will spend about $5.25 billion to acquire BioLegend, which makes antibodies used in gene therapy and reagents for drug discovery. The Waltham, Massachusetts, company said Monday that it will pay a combination of cash and stock for the privately held BioLegend in a deal expected to close by the end of the year. …
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Inflation fears and politics shape views of Biden economy
Joe Biden
| July 26th | 2021  10:59AM
Inflation fears and politics shape views of Biden economy
WASHINGTON (AP) — President Joe Biden is banking on the idea of making life more affordable for middle-class families — and that's where the recent bout of inflation poses both a political and an economic risk. The U.S. economy may be poised for the fastest growth since 1984, but many Americans are not feeling all that confident about…
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The Latest: France digests news of restaurant health passes
The Latest: France digests news of restaurant health passes
| July 26th | 2021  10:31AM
The Latest: France digests news of restaurant health passes
PARIS — Enforcing France’s new virus pass could prove a logistical challenge for restaurants and other venues, but managers and diners hope it helps avoid another dreaded lockdown. At the helm of La Brigade, a pocket-sized steak house in Paris’ hip Oberkampf district, Noémi Arevalo can’t imagine having to struggle through another weeks-long…
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US indexes wobble in morning trading, hold near record highs
US indexes wobble in morning trading, hold near record highs
| July 26th | 2021  10:31AM
US indexes wobble in morning trading, hold near record highs
Stocks wobbled between small gains and losses in morning trading on Wall Street Monday as investors pause after the market rallied to more record highs last week. The S&P 500 index fell 0.1% as of 10:16 a.m. and is hovering close to the record it set on Friday. The Dow Jones Industrial Average fell 73 points, or 0.2%, to 34,986 and…
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Vaccine maker BioNTech to use mRNA tech to target malaria
Vaccine maker BioNTech to use mRNA tech to target malaria
| July 26th | 2021  10:23AM
Vaccine maker BioNTech to use mRNA tech to target malaria
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US indexes wobble in early going, holding near record highs
US indexes wobble in early going, holding near record highs
| July 26th | 2021  9:46AM
US indexes wobble in early going, holding near record highs
Stocks are wobbling between small gains and losses in the early going on Wall Street, keeping major indexes close to the record highs they set last week. The S&P 500 and the Dow Jones Industrial Average were little changed in the early going Monday. Weakness in some big tech stocks including Microsoft pulled the Nasdaq down 0.1%. U.S.-listed shares…
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This Week: Starbucks earns, Fed meeting, consumer spending
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| July 26th | 2021  9:10AM
This Week: Starbucks earns, Fed meeting, consumer spending
A look at some of the key business events and economic indicators upcoming this week: BACK IN THE BLACK Starbucks serves up its latest quarterly snapshot Tuesday, Wall Street expects the cafe chain returned to a profit in the April-June quarter, after a loss in the same period last year when pandemic lockdowns forced many retailers to temporarily close or limit service.
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Smart Eye Deputy CEO Rana el Kaliouby talks automotive AI
Rana el Kaliouby
| July 26th | 2021  9:10AM
Smart Eye Deputy CEO Rana el Kaliouby talks automotive AI
Rana el Kaliouby co-founded and led Boston startup Affectiva, which uses artificial intelligence and computer vision to analyze mood and emotion. Now she's got a new job as deputy CEO of Smart Eye, after the Swedish eye-tracking company bought Affectiva for $73.5 million in June. The auto industry is the prime market for Kaliouby and competitors like Australia-based Seeing Machines.
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The One Principle That Can Help You Transform Your Organization
The One Principle That Can Help You Transform Your Organization
| July 26th | 2021  9:01AM
The One Principle That Can Help You Transform Your Organization
One of the movies we’ve become overly familiar with over the course of this pandemic is Groundhog Day — the one where, Phil, a self-absorbed TV weatherman, finds himself trapped in a time loop, reliving the same day over and over again. We’ve all been living this film; we’ve all been looking for a way…
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How Microsoft Services Can Help You Scale Your Business
How Microsoft Services Can Help You Scale Your Business
| July 26th | 2021  9:00AM
How Microsoft Services Can Help You Scale Your Business
In today's digital world, 94 percent of businesses use the cloud in some way. Utilizing cloud technology can be one of the best ways to help your business scale securely, giving you resources to free up people's time and energy and making processes more seamless. If you're ready to scale your business, it's time to figure out what the cloud can do for you.
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The Latest: Netherlands bans multi-day summer festivals
The Latest: Netherlands bans multi-day summer festivals
| July 26th | 2021  8:52AM
The Latest: Netherlands bans multi-day summer festivals
THE HAGUE, Netherlands — The Dutch government is ruling out multiple-day festivals this summer and tightening rules for people returning from vacations in hopes of preventing another spike in coronavirus infections. Caretaker Prime Minister Mark Rutte announced the new measures Monday. Rutte said that even though confirmed cases are declining…
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Sink Your Teeth into Beyond Meat Shares Here
Sink Your Teeth into Beyond Meat Shares Here
| July 26th | 2021  8:00AM
Sink Your Teeth into Beyond Meat Shares Here
Plant-based meats producer Beyond Meat (NASDAQ: BYND) stock is flat on the year compared to the S&P 500 (ASX: SPY) index year-to-date performance up +17.7% for 2021. The Company that introduced financial markets to the plant-based food revolution has become mainstream as its natural products reach more penetration and brand recognition. With the…
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RPM International Is About To Get A Lot Cheaper
RPM International Is About To Get A Lot Cheaper
| July 26th | 2021  8:00AM
RPM International Is About To Get A Lot Cheaper
Weak Guidance Weighs On RPM International  RPM International (NYSE: RPM) has had a great year supported by both pandemic trends and its own MAP to Growth strategy. The company says it has completed the MAP to Growth and exceeded its original target of $290 million IN annualized savings by $30 million. With MAP 2.0 already in play, it looks like the company's profitability is set to improve again.
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Where is the S&P 500 Going From Here?
Where is the S&P 500 Going From Here?
| July 26th | 2021  6:05AM
Where is the S&P 500 Going From Here?
The S&P 500 (ASX: SPY) has been making new highs it seems almost every week with a performance of over 16% year-to-date (YTD) in 2021. The question on investor’s minds is how long this strong uptrend can go and where it will go. Despite the fears of inflation, interest rate hikes, overvaluation, trade wars, pandemic surges, and geopolitical tensions, the markets continue to climb the proverbial “wall of worry” higher.
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American Express Rallies To New High After Blowout Q2 Results
American Express Rallies To New High After Blowout Q2 Results
| July 26th | 2021  6:00AM
American Express Rallies To New High After Blowout Q2 Results
American Express (NYSE: AXP) Amex was among stocks helping to propel the Dow higher Friday, following a better-than-expected earnings report.  American Express, which comprises 3.23% of the price-weighted index, provides a good illustration of the rebound in business and consumer spending after pandemic-driven declines in 2020.  The credit…
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3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
3 Signs it
| July 26th | 2021  5:00AM
3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
Should you blindly sign up for your company's 401(k) plan? No way! Not without some serious consideration, anyway. It's easy to assume that your employer has your best interests at heart and will "take care of you." However, that's not always the case.  Let's take a look at three signs you'll need to dump your company's 401(k) plan (especially…
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3 Breakout Stocks to Buy Now
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| July 24th, 5:02 AM
3 Breakout Stocks to Buy Now
After this week’s incredible recovery in the market that obliterated any bears who were caught offsides, there are several stocks breaking out to new highs that could be worth a look at this time. Breakouts are always a great way to gauge the overall level of bullishness in the market, which is why it's so nice to see some of the biggest names…
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MarketBeat: Week in Review 7/19 – 7/23
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| July 24th, 5:00 AM
MarketBeat: Week in Review 7/19 – 7/23
Virus cases are up and the market went down, but only for a moment. As the trading week closes out all the major indexes are flirting with record highs buoyed by an earnings season which is delivering as expected. For the moment, inflation fears are abated but that could change when the PCE price index is released next week. That will give investors an idea of if the Fed will change its mind about inflation.
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China's Tencent ordered to end exclusive music contracts
China's Tencent ordered to end exclusive music contracts
| July 23rd, 11:35 PM
China's Tencent ordered to end exclusive music contracts
BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries. Tencent controls more than 80% of “exclusive music library resources” following its 2016 acquisition of China Music Group, the State Administration for Market Regulation said Saturday.
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Ship hunts foreign ships doing work reserved for US crews
Ship hunts foreign ships doing work reserved for US crews
| July 25th, 9:06 AM
Ship hunts foreign ships doing work reserved for US crews
NEW ORLEANS (AP) — Offshore energy service companies are out to find foreign-flagged ships hauling pipeline parts and other energy-related equipment from U.S. ports and delivering or installing them in U.S. waters. The Offshore Marine Service Association has launched a ship to gather photos and videos of ships it considers to be violating a 1920 law requiring U.S.
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Yellen outlines to Congress emergency measures on debt limit
Yellen outlines to Congress emergency measures on debt limit
| July 23rd, 11:21 PM
Yellen outlines to Congress emergency measures on debt limit
WASHINGTON (AP) — Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt, warning that a default would cause “irreparable harm to the U.S. economy and the livelihoods of all Americans.” In a letter to House…
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$1M in fines after nitrogen kills 6 at Georgia poultry plant
$1M in fines after nitrogen kills 6 at Georgia poultry plant
| July 23rd, 5:46 PM
$1M in fines after nitrogen kills 6 at Georgia poultry plant
ATLANTA (AP) — Federal workplace safety officials are proposing nearly $1 million in fines against four companies following a January liquid nitrogen leak that killed six workers at a Georgia poultry processing plant. U.S. Labor Secretary Marty Walsh announced citations and fines by the U.S. Occupational Safety and Health Administration on Friday.
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Nevada airport faces flight delays from jet fuel shortage
Energy industry news icon
| July 24th, 10:43 PM
Nevada airport faces flight delays from jet fuel shortage
RENO, Nev. (AP) — The airport serving Nevada’s second largest metro area faces a shortage of jet fuel that could force the cancellation of cargo and passenger fights, potentially restricting the flow of tourists and essential goods into the northern part of the state. Nevada’s political leaders issued a statement late Saturday pledging…
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Carbon-capture pipelines offer climate aid; activists wary
Carbon-capture pipelines offer climate aid; activists wary
| July 24th, 11:51 AM
Carbon-capture pipelines offer climate aid; activists wary
SIOUX FALLS, S.D. (AP) — Two companies seeking to build thousands of miles of pipeline across the Midwest are promising the effort will aid rather than hinder the fight against climate change, though some environmental groups remain skeptical. The pipelines would stretch from North Dakota to Illinois, potentially transforming the Corn…
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Where is the S&P 500 Going From Here?
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| July 26th, 6:05 AM
Where is the S&P 500 Going From Here?
The S&P 500 (ASX: SPY) has been making new highs it seems almost every week with a performance of over 16% year-to-date (YTD) in 2021. The question on investor’s minds is how long this strong uptrend can go and where it will go. Despite the fears of inflation, interest rate hikes, overvaluation, trade wars, pandemic surges, and geopolitical tensions, the markets continue to climb the proverbial “wall of worry” higher.
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Lebanon signs deal to sell Iraqi fuel in move to ease crisis
Lebanon signs deal to sell Iraqi fuel in move to ease crisis
| July 24th, 10:07 AM
Lebanon signs deal to sell Iraqi fuel in move to ease crisis
BEIRUT (AP) — Lebanon signed a deal Saturday to broker Iraqi fuel sales in hopes of alleviating a crippling financial and energy crisis in the small Mediterranean country, Lebanese and Iraqi media reported. The deal allows Beirut to resell 1 million tons of heavy fuel oil from Iraq — fuel that Lebanon cannot use in its own power plants — to companies who would then provide useable fuel to Lebanon over the next year.
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Beware of budget gimmicks in push for massive spending deals
Beware of budget gimmicks in push for massive spending deals
| July 24th, 8:41 AM
Beware of budget gimmicks in push for massive spending deals
WASHINGTON (AP) — Senators fashioning a pair of colossal bills that would deliver more than $4 trillion for infrastructure, health care, environment and other initiatives insist they will fully pay for both plans. Will they? In a Washington ritual as reliable as panic-buying when light snow is forecast, both parties have long relied on toothless budget gimmicks to help finance their priorities.
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3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
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| July 26th, 5:00 AM
3 Signs it's Time to Dump Your Company 401(k) Plan — Pronto
Should you blindly sign up for your company's 401(k) plan? No way! Not without some serious consideration, anyway. It's easy to assume that your employer has your best interests at heart and will "take care of you." However, that's not always the case.  Let's take a look at three signs you'll need to dump your company's 401(k) plan (especially…
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Residents say flood-hit German towns got little warning
Residents say flood-hit German towns got little warning
| July 24th, 4:04 PM
Residents say flood-hit German towns got little warning
AHRWEILER, Germany (AP) — Like other residents of his town in Germany, Wolfgang Huste knew a flood was coming. What nobody told him, he says, was how bad it would be. The 66-year-old antiquarian bookseller from Ahrweiler said the first serious warning to evacuate or move to higher floors of buildings close to the Ahr River came through loudspeaker announcements around 8 p.m.
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Wall Street rallies to record-breaking end of turbulent week
John Panin
| July 23rd, 4:38 PM
Wall Street rallies to record-breaking end of turbulent week
NEW YORK (AP) — Stocks rallied to records on Wall Street Friday, and the Dow Jones Industrial Average closed above the 35,000 level for the first time, as the market continued to roar back from its short-lived swoon at the start of the week. The S&P 500 index climbed 44.31, or 1%, to 4,411.79 to top its prior all-time high, set early last week.
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Airports in the US West dealing with shortage of jet fuel
Airports in the US West dealing with shortage of jet fuel
| July 25th, 3:34 PM
Airports in the US West dealing with shortage of jet fuel
A shortage of jet fuel, coupled with supply chain issues and an urgent demand from firefighting aircraft, continues to cause problems at airports around the West. In Nevada, state and federal lawmakers said they are investigating a possible shortage of jet fuel that could delay cargo delivery and passenger travel at Reno-Tahoe International…
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Stocks push higher on Wall Street, on track for weekly gain
Stocks push higher on Wall Street, on track for weekly gain
| July 23rd, 12:59 PM
Stocks push higher on Wall Street, on track for weekly gain
Stocks rose on Wall Street Friday, putting the market on track for a strong finish in a week that opened with a stumble. The S&P 500 index rose 0.9% as of 12:50 p.m. Eastern time and is hovering above the record high it set early last week. The Dow Jones Industrial Average rose 199 points, or 0.6%, to 35,022 and the Nasdaq rose 0.9%. …
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Sink Your Teeth into Beyond Meat Shares Here
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| July 26th, 8:00 AM
Sink Your Teeth into Beyond Meat Shares Here
Plant-based meats producer Beyond Meat (NASDAQ: BYND) stock is flat on the year compared to the S&P 500 (ASX: SPY) index year-to-date performance up +17.7% for 2021. The Company that introduced financial markets to the plant-based food revolution has become mainstream as its natural products reach more penetration and brand recognition. With the…
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GM issues 2nd Bolt recall; faulty batteries can cause fires
GM issues 2nd Bolt recall; faulty batteries can cause fires
| July 23rd, 1:28 PM
GM issues 2nd Bolt recall; faulty batteries can cause fires
DETROIT (AP) — General Motors is recalling some older Chevrolet Bolts for a second time to fix persistent battery problems that can set the electric cars ablaze. Until repairs are done, GM says owners should park the cars outdoors, limit charging to 90% of battery capacity, and not deplete batteries below 70 miles of range. The company…
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Closing prices for crude oil, gold and other commodities
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| July 23rd, 3:51 PM
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery rose 16 cents to $72.07 a barrel Friday. Brent crude oil for September delivery rose 31 cents to $74.10 a barrel. Wholesale gasoline for August delivery rose 2 cents to $2.29 a gallon. August heating was unchanged at $2.13 a gallon. August natural gas rose 6 cents to $4.06 per 1,000 cubic feet. Gold for August delivery fell $3.60 to $1,801.80 an ounce.
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Zacks: Brokerages Anticipate The Cooper Companies, Inc. (NYSE:COO) to Post $3.29 EPS
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| July 26th, 11:34 AM
Zacks: Brokerages Anticipate The Cooper Companies, Inc. (NYSE:COO) to Post $3.29 EPS
Equities research analysts forecast that The Cooper Companies, Inc. (NYSE:COO) will announce $3.29 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for The Cooper Companies' earnings. The lowest EPS estimate is $3.22 and the highest is $3.41. The Cooper Companies reported…
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$3.71 EPS Expected for Mohawk Industries, Inc. (NYSE:MHK) This Quarter
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| July 26th, 11:34 AM
$3.71 EPS Expected for Mohawk Industries, Inc. (NYSE:MHK) This Quarter
Equities research analysts expect that Mohawk Industries, Inc. (NYSE:MHK) will report $3.71 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Mohawk Industries' earnings, with estimates ranging from $3.55 to $4.05. Mohawk Industries reported earnings per share of $0.37 during the same quarter last year, which suggests a positive year over year growth rate of 902.7%.
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Brokerages Expect Credit Acceptance Co. (NASDAQ:CACC) to Announce $10.08 EPS
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| July 26th, 11:34 AM
Brokerages Expect Credit Acceptance Co. (NASDAQ:CACC) to Announce $10.08 EPS
Brokerages predict that Credit Acceptance Co. (NASDAQ:CACC) will post earnings of $10.08 per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Credit Acceptance's earnings, with the lowest EPS estimate coming in at $8.71 and the highest estimate coming in at $11.44. Credit Acceptance posted earnings…
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Zacks: Brokerages Anticipate Ping Identity Holding Corp. (NYSE:PING) to Post $0.06 EPS
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| July 26th, 11:34 AM
Zacks: Brokerages Anticipate Ping Identity Holding Corp. (NYSE:PING) to Post $0.06 EPS
Wall Street analysts forecast that Ping Identity Holding Corp. (NYSE:PING) will report $0.06 earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have made estimates for Ping Identity's earnings. The lowest EPS estimate is $0.04 and the highest is $0.08. Ping Identity posted earnings of $0.08 per share in the same quarter last year, which would suggest a negative year over year growth rate of 25%.
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$0.86 EPS Expected for Veeva Systems Inc. (NYSE:VEEV) This Quarter
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| July 26th, 11:34 AM
$0.86 EPS Expected for Veeva Systems Inc. (NYSE:VEEV) This Quarter
Brokerages predict that Veeva Systems Inc. (NYSE:VEEV) will post earnings of $0.86 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have made estimates for Veeva Systems' earnings, with the highest EPS estimate coming in at $0.88 and the lowest estimate coming in at $0.86. Veeva Systems posted earnings per…
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-$0.14 Earnings Per Share Expected for ChargePoint Holdings, Inc. (NYSE:CHPT) This Quarter
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| July 26th, 11:34 AM
-$0.14 Earnings Per Share Expected for ChargePoint Holdings, Inc. (NYSE:CHPT) This Quarter
Wall Street analysts expect ChargePoint Holdings, Inc. (NYSE:CHPT) to report ($0.14) earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have issued estimates for ChargePoint's earnings. The lowest EPS estimate is ($0.19) and the highest is ($0.11). The business is expected to report its next quarterly earnings results…
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Whirlpool Co. (NYSE:WHR) Expected to Post Earnings of $5.90 Per Share
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| July 26th, 11:33 AM
Whirlpool Co. (NYSE:WHR) Expected to Post Earnings of $5.90 Per Share
Wall Street analysts expect Whirlpool Co. (NYSE:WHR) to announce $5.90 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Whirlpool's earnings. The lowest EPS estimate is $5.26 and the highest is $6.18. Whirlpool reported earnings of $6.91 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 14.6%.
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Robert Half International (NYSE:RHI) Price Target Raised to $106.00
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| July 26th, 11:32 AM
Robert Half International (NYSE:RHI) Price Target Raised to $106.00
Robert Half International (NYSE:RHI) had its target price upped by BMO Capital Markets from $100.00 to $106.00 in a research note issued on Monday, The Fly reports. The brokerage presently has an "outperform" rating on the business services provider's stock. BMO Capital Markets' price target suggests a potential upside of 13.42% from the stock's current price.A number of other equities research analysts have also weighed in on RHI.
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Roper Technologies (NYSE:ROP) PT Raised to $520.00 at Cowen
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| July 26th, 11:32 AM
Roper Technologies (NYSE:ROP) PT Raised to $520.00 at Cowen
Roper Technologies (NYSE:ROP) had its price objective hoisted by Cowen from $500.00 to $520.00 in a report released on Monday, The Fly reports. The brokerage currently has an "outperform" rating on the industrial products company's stock. Cowen's target price indicates a potential upside of 6.35% from the company's current price.Several other analysts also recently weighed in on ROP.
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Jefferies Financial Group Trims Southwest Airlines (NYSE:LUV) Target Price to $65.00
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| July 26th, 11:32 AM
Jefferies Financial Group Trims Southwest Airlines (NYSE:LUV) Target Price to $65.00
Southwest Airlines (NYSE:LUV) had its target price dropped by investment analysts at Jefferies Financial Group from $75.00 to $65.00 in a research note issued to investors on Monday, The Fly reports. The brokerage currently has a "buy" rating on the airline's stock. Jefferies Financial Group's price objective indicates a potential upside of 26.88%…
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Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Purchases C$139,400.00 in Stock
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| July 26th, 11:28 AM
Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Purchases C$139,400.00 in Stock
Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Scott Robinson bought 20,000 shares of the business's stock in a transaction on Friday, July 23rd. The stock was purchased at an average price of C$6.97 per share, for a total transaction of C$139,400.00. Following the completion of the acquisition, the insider now owns 346,507 shares of the company's stock, valued at approximately C$2,415,153.79.
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Baidu, Inc. (NASDAQ:BIDU) Expected to Post Earnings of $1.93 Per Share
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| July 26th, 11:19 AM
Baidu, Inc. (NASDAQ:BIDU) Expected to Post Earnings of $1.93 Per Share
Wall Street analysts forecast that Baidu, Inc. (NASDAQ:BIDU) will post $1.93 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Baidu's earnings, with the lowest EPS estimate coming in at $1.80 and the highest estimate coming in at $2.08. Baidu posted earnings of $2.08 per share…
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$2.89 EPS Expected for Acuity Brands, Inc. (NYSE:AYI) This Quarter
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| July 26th, 11:18 AM
$2.89 EPS Expected for Acuity Brands, Inc. (NYSE:AYI) This Quarter
Wall Street analysts forecast that Acuity Brands, Inc. (NYSE:AYI) will post $2.89 earnings per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Acuity Brands' earnings, with the highest EPS estimate coming in at $3.09 and the lowest estimate coming in at $2.74. Acuity Brands reported earnings of…
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Zacks: Brokerages Anticipate Victory Capital Holdings, Inc. (NASDAQ:VCTR) Will Post Earnings of $1.15 Per Share
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| July 26th, 11:18 AM
Zacks: Brokerages Anticipate Victory Capital Holdings, Inc. (NASDAQ:VCTR) Will Post Earnings of $1.15 Per Share
Equities analysts expect that Victory Capital Holdings, Inc. (NASDAQ:VCTR) will announce $1.15 earnings per share for the current quarter, according to Zacks. Four analysts have issued estimates for Victory Capital's earnings. The highest EPS estimate is $1.16 and the lowest is $1.13. Victory Capital reported earnings of $0.80 per share in the same quarter last year, which suggests a positive year over year growth rate of 43.8%.
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Veoneer (NYSE:VNE) Sees Large Volume Increase on Analyst Upgrade
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| July 26th, 11:18 AM
Veoneer (NYSE:VNE) Sees Large Volume Increase on Analyst Upgrade
Veoneer, Inc. (NYSE:VNE) saw unusually-strong trading volume on Monday after Barclays raised their price target on the stock from $24.00 to $31.00. Barclays currently has an equal weight rating on the stock. Approximately 55,875 shares changed hands during trading, a decline of 92% from the previous session's volume of 678,206 shares.The stock last…
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Arvinas (NASDAQ:ARVN) Hits New 1-Year High After Analyst Upgrade
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| July 26th, 11:18 AM
Arvinas (NASDAQ:ARVN) Hits New 1-Year High After Analyst Upgrade
Shares of Arvinas, Inc. (NASDAQ:ARVN) hit a new 52-week high during mid-day trading on Monday after BMO Capital Markets raised their price target on the stock from $101.00 to $111.00. BMO Capital Markets currently has an outperform rating on the stock. Arvinas traded as high as $98.48 and last traded at $94.94, with a volume of 6444 shares trading hands.
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Ulta Beauty, Inc. (NASDAQ:ULTA) Expected to Announce Earnings of $2.22 Per Share
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| July 26th, 11:18 AM
Ulta Beauty, Inc. (NASDAQ:ULTA) Expected to Announce Earnings of $2.22 Per Share
Analysts predict that Ulta Beauty, Inc. (NASDAQ:ULTA) will post $2.22 earnings per share for the current quarter, according to Zacks. Nine analysts have provided estimates for Ulta Beauty's earnings, with the lowest EPS estimate coming in at $1.80 and the highest estimate coming in at $2.99. Ulta Beauty posted earnings per share of $0.73 during the same quarter last year, which indicates a positive year-over-year growth rate of 204.1%.
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Zacks: Analysts Expect Fastly, Inc. (NYSE:FSLY) to Announce -$0.17 Earnings Per Share
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| July 26th, 11:18 AM
Zacks: Analysts Expect Fastly, Inc. (NYSE:FSLY) to Announce -$0.17 Earnings Per Share
Wall Street brokerages expect Fastly, Inc. (NYSE:FSLY) to announce earnings of ($0.17) per share for the current quarter, according to Zacks. Four analysts have made estimates for Fastly's earnings, with the lowest EPS estimate coming in at ($0.18) and the highest estimate coming in at ($0.16). Fastly posted earnings of $0.02 per share during the same quarter last year, which indicates a negative year over year growth rate of 950%.
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First Financial Bancorp. (NASDAQ:FFBC) PT Lowered to $24.00
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| July 26th, 11:13 AM
First Financial Bancorp. (NASDAQ:FFBC) PT Lowered to $24.00
First Financial Bancorp. (NASDAQ:FFBC) had its price target decreased by Royal Bank of Canada from $25.00 to $24.00 in a research note issued on Monday, Benzinga reports. The firm currently has a "sector perform" rating on the bank's stock. Royal Bank of Canada's price objective indicates a potential upside of 6.43% from the company's current price.Separately, Zacks Investment Research raised First Financial Bancorp.
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