Intuitive Surgical, Inc. ISRG is scheduled to release first-quarter 2020 results on Apr 16, after the closing bell. In the last reported quarter, the company delivered a positive earnings surprise of 6.8%. Further, it has a trailing four-quarter positive earnings surprise of 8.3
Barrick Gold Corporation GOLD has inked an earn-in agreement with Golden Minerals Company AUMN. Under the deal, Barrick has acquired an option to earn a 70% stake in Golden Minerals’ El Quevar project, which is situated in the Salta Province of Argentina.
IHS Markit Ltd.’s INFO automotiveMastermind announced on Monday that it has developed a virtual Business Development Center (BDC) program to support its dealer partners during the coronavirus pandemic.
The rapidly spreading novel coronavirus has rattled the stock market and significantly disrupted economic activities worldwide — denting demand, hurting supply chain, slowing down production activities and temporary closure of brick-and-mortar locations. Market pundits have al
First Majestic Silver Corp. AG issued an update on its first-quarter 2020 silver equivalent ounces production. Recently, the company announced operation suspensions at all of its three mines in Mexico — San Dimas, Santa Elena and La Encantada — to comply with the Ministry of
We issued an updated research report on Danaher Corporation DHR on Apr 15.The conglomerate, with a $101.8-billion market capitalization, currently carries a Zacks Rank #3 (Hold). Many tailwinds and headwinds are impacting its performance.Let’s delve deeper. Factors Favoring Da
Goldman Sachs GS reported first-quarter 2020 earnings per share of $3.11, surpassing the Zacks Consensus Estimate of $2.83. However, the bottom-line figure compares unfavorably with the earnings of $5.71 per share recorded in the year-earlier quarter.The stock declined more than
Morgan Stanley’s MS first-quarter 2020 results, slated to be announced on Apr 16, are likely to get support from the unexpected rise in market volatility along with higher client activities. Therefore, trading income (one of the major revenue components for the company) is exp
In view of significant uncertainty arising from the novel coronavirus outbreak, TopBuild Corp. BLD announced the withdrawal of its full-year 2020 revenue and adjusted EBITDA guidance.The company — which is slated to release first-quarter results on May 5 — had expected reven
The coronavirus (Covid-19) pandemic has induced unprecedented volatility in the financial markets.Investors, particularly, are having a tough time sailing through the current market turbulence. However, the panic-driven sell-off has created solid buying opportunities.In this reg
Investors in Laredo Petroleum, Inc. LPI need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 16, 2020 $1.00 Call had some of the highest implied volatility of all equity options today.
ORIX Corporation IX could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for IX broke out below the 200 Day Simple Moving Average, suggesting short-term bearish
U.S. equity markets have been surging for the last three weeks, with the Nasdaq Composite index exiting the bear-market territory, as investors hope that the economy will recover from the coronavirus crisis. This optimism is backed by the combined efforts of the U.S. government
Stock futures were pointing to a lower open Wednesday morning. Bank of America stock was falling after reporting earnings, while UnitedHealth was rising.
Daqo New Energy Corp.'s DQ shares are up 29.2% over the past six months. The company has also topped its industry’s decline of 21.6% over the same time frame.The leading producer of high-purity polysilicon has a market cap of roughly $700.7 million and average volume of shares
ARMOUR Residential REIT, Inc. ARR has been struggling lately, but the selling pressure may be coming to an end soon. That is because ARR recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
All three major U.S. stock indexes are under pressure from a combination of downbeat earnings reports, low prices for oil, and grim news on retail sales.
All three major U.S. stock indexes are under pressure from a combination of downbeat earnings reports, low prices for oil, and grim news on retail sales.