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Hurricane Irma Is Already Impacting Expectations For Disney
Friday, September 8, 2017 - 9:21am | 414Even before it hits Florida, Hurricane Irma is already having an impact on Walt Disney Co (NYSE: DIS)’s earnings forecast. CEO Bob Iger said Thursday that earnings for 2017 will come “roughly in line” with the previous year’s, which ended with core earnings of $5.71 per...
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Insurance Sector: Massive Bets Placed On Massive Damage
Wednesday, September 6, 2017 - 1:31pm | 500Insurance and reinsurance stocks with large exposure to the South Florida property market are experiencing a bit of a relief rally on Wednesday after logging their worst day of the year to start the holiday-shortened week. As Hurricane Irma inches closer to a potential U.S. landfall, the fate of...
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Cruise Stocks Taking A Dive As Harvey Slows Down, Irma Picks Up Steam
Wednesday, September 6, 2017 - 8:23am | 350Hurricane Harvey's devastation of Texas is just the start of hurricane season as Hurricane Irma was labeled a Category 5 storm with winds of 180 miles per hour. Cruise stocks have come into focus as Irma's path puts it on a collision course with the key hub for the travel and leisure sector...
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Can Generac Hold Its Charge After Harvey And Irma?
Tuesday, September 5, 2017 - 4:28pm | 341Hurricane Harvey has dissipated, but one of the most popular hurricane stocks continued its bullish momentum on Tuesday. With Hurricane Irma now a category 5 storm and Tropical Storm Jose right on its heels, traders are betting that there could be more demand for Generac Holdings Inc. (NYSE: GNRC)...