Mexico's central bank will hold its benchmark interest rate steady this week despite slowing inflation, as an economic recovery from the coronavirus pandemic gathers pace, a Reuters poll showed on Monday.
FedEx Corporation’s FDX Ground unit, which accounts for more than 30% of the company’s total revenues and around 59% of its operating income, is expected to be boosted by high revenues when it reports second-quarter fiscal 2021 results (quarter ended Nov 30, 2020) . Notably,
Wall Street expects a year-over-year increase in earnings on lower revenues when Calavo Growers (CVGW) reports results for the quarter ended October 2020. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that coul
The market expects Enerpac (EPAC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended November 2020. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor tha
The market expects FactSet Research (FDS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended November 2020. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful
Parsley Energy, Inc. PE recently informed the Texas Workforce Commission that it will be retrenching nearly 234 workers in Austin as it plans to close down all its offices at the hub.
Community Health Systems, Inc. CYH recently announced that its wholly-owned unit CHS has priced offerings of $1.9 billion and $0.9 billion worth of senior notes. The notes that are scheduled to mature in 2027 carry an interest rate of 5.625% and the ones with an interest rate of
The Uranium ETF is seeing unusually high volume in afternoon trading Monday, with over 646,000 shares traded versus three month average volume of about 187,000. Shares of URA were up about 3.5% on the day.
In trading on Monday, the SPDR— S&P— Biotech ETF is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Alexion Pharmaceuticals, up about 30.8% and shares of Syros Pharmaceuticals, up about 22
Alexion Pharmaceuticals, Inc. ALXN entered into a definitive agreement with U.K.-based pharmaceutical company, AstraZeneca plc AZN, whereby the latter will acquire the former.
The Zacks Utility – Electric Power industry stocks are entrusted with the duty to supply electricity 24x7 to their millions of customers across the United States. Even during the ongoing pandemic and a very active hurricane season, these utility stocks tried their best to provi
In trading on Monday, oil & gas equipment & services shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of Dynagas, off about 14.6% and shares of TISI off about 11.2% on the day.
In trading on Monday, drugs shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Arvinas, up about 105.8% and shares of Veru up about 48% on the day.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of tr
In trading on Monday, shares of Ligand Pharmaceuticals Inc (Symbol: LGND) crossed above their 200 day moving average of $98.92, changing hands as high as $108.00 per share. Ligand Pharmaceuticals Inc shares are currently trading up about 10.3% on the day. The chart below show
In trading on Monday, shares of American States Water Co (Symbol: AWR) crossed above their 200 day moving average of $78.08, changing hands as high as $78.68 per share. American States Water Co shares are currently trading up about 2% on the day. The chart below shows the one
Today looks like a day where the theme will be 'moving on': Shipments of the first Covid-19 vaccine are underway in the U.S., and the Electoral College will meet and vote today.
In trading on Monday, shares of Flowers Foods, Inc. (Symbol: FLO) crossed above their 200 day moving average of $22.94, changing hands as high as $22.98 per share. Flowers Foods, Inc. shares are currently trading up about 2% on the day. The chart below shows the one year perf
Investors in Perspecta Inc (Symbol: PRSP) saw new options begin trading today, for the December 2021 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 368 days until expiration the newly trading contracts r