Arista Networks, Inc. ANET reported decent third-quarter 2020 results, wherein the top and the bottom lines beat the respective Zacks Consensus Estimate. However, both figures declined on a year-over-year basis.
STERIS plc STE reported second-quarter fiscal 2021 adjusted earnings per share (EPS) of $1.48, up 12.1% year over year. The metric beat the Zacks Consensus Estimate by 19.4%.
Norwegian Cruise Line Holdings Ltd. NCLH is likely to have witnessed a year-over-year decline in third-quarter 2020 earnings. In the last-reported quarter, the company delivered a negative earnings surprise of 26.9%.
Even though U.S. equities are poised to move higher, we wouldn’t be surprised to see the day’s trading end little changed as investors anxiously await not only the 2020 presidential election results but also the U.S. Senate
Should Democratic challenger Joe Biden prevail, as polls suggest, some on Wall Street are looking ahead to his cabinet picks to gauge whether he will govern as a business-friendly moderate or promote progressive legislation that could weigh on sectors such as financials and oil but bolster clean energy.
Eight big banks in the United States are likely to be sued in a class action lawsuit filed by Philadelphia and Baltimore, per Reuters. Per U.S. District Judge Jesse Furman in Manhattan, the cities are permitted to move on with anti-trust claims against banks suing over their mark
Host Hotels & Resorts, Inc. HST is slated to report third-quarter 2020 earnings on Nov 4, after market close. The company’s quarterly results are expected to reflect declines in revenues and funds from operations (FFO) per share.
The Williams Companies, Inc. WMB reported third-quarter 2020 adjusted earnings per share of 27 cents, meeting the Zacks Consensus Estimate, attributable to a strong contribution from the Northeast G&P unit. The bottom line was, however, partially offset by weak results from t
On Tuesday night, James McDonald plans to sit among 19 computer screens in his Los Angeles office, waiting for the right moment to pounce on what he hopes will be one of his most profitable trades of the year.
Should Democratic challenger Joe Biden prevail, as polls suggest, some on Wall Street are looking ahead to his cabinet picks to gauge whether he will govern as a business-friendly moderate or promote progressive legislation that could weigh on sectors such as financials and oil but bolster clean energy.
Retail investors have been a growing force in 2020, exploding in numbers during lockdowns and helping fuel the rebound in stocks from pandemic-driven lows. Now, as election-related volatility spikes, this new cohort sees opportunities.
The Canadian dollar is set to extend its rally over the coming year if the COVID-19 crisis becomes less of a drag on the global economy, FX strategists said, adding that a Democratic sweep in the U.S. election would bolster prospects for the currency.
Russia's finance ministry is expected to sell the equivalent of $1.5 billion in regular sales under its fiscal rule in the coming month, a Reuters survey showed on Tuesday.
American Airlines (NASDAQ:AAL) stock fell -12.3% in the last 5 trading days. That’s not surprising as the demand improvement has been slower than expected. People are still not traveling, and Covid-19 cases are rebounding both in the US and Europe. Considering this, what
Floor & Decor Holdings’ stock (NYSE: FND), a specialty retailer of hard surface flooring, is up 53% to around $78 levels year-to-date, compared to a 5% growth for the broader S&P 500. While Floor and Decor has outperformed the broader markets, we believe that the
Thor Industries stock (NYSE: THO) is up 20% since the start of the year and has gained around 150% from its March lows. THO, a global manufacturer of recreational vehicles, faces downside risk as the company’s revenues in the last two quarters have declined by 9%. The ong
Despite a 3x growth since the March 18 lows of this year, at the current price of around $60 per share we believe Arrowhead (NASDAQ: ARWR), a biopharmaceutical company that develops RNA interference therapies, looks attractive and it can see significant upside from the current
The Polish zloty will be central Europe's best performer in the coming year, a Reuters poll predicted, with the region's currencies likely to get a boost as the world emerges from the worst of the second wave of COVID-19.
President Donald Trump raised barriers for Chinese companies seeking to invest or raise money in the United States that will have a lasting impact even if he does not win a second term, according to dealmakers and policy experts.
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