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Can Broadcom Or Medtronic Offer Up An Earnings Surprise?
Sunday, May 29, 2016 - 5:27pm | 637Earnings highlights this week include results from a recently merged semiconductor producer. A leading medical technology company is also set to share its latest quarterly results this week. Wall Street analysts are looking for solid bottom-line growth from each of them. In what overall will be a...
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Oracle, Rite Aid Highlight Slow Earnings Week
Sunday, December 13, 2015 - 5:35pm | 752Wall Street is looking for solid quarterly results from FedEx Corporation (NYSE: FDX) this week. Expectations are lower for earnings from Oracle Corporation (NYSE: ORCL) and Rite Aid Corporation (NYSE: RAD). The consensus forecast calls for another net loss from BlackBerry Ltd (NASDAQ: BBRY). As...
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Goldman Remains Cautious On Construction Machinery Names
Monday, December 7, 2015 - 4:38pm | 440Jerry Revich of Goldman Sachs maintained a cautious view on the Machinery and Engineering & Construction sector. Revich sees further "significant" downside in key global commodities and cuts to capex reinvestment rates as hurting the sector. The analyst downgraded shares of...
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Joy Global Could Move 5% After Earnings
Wednesday, June 3, 2015 - 5:19pm | 300Joy Global Inc. (NYSE: JOY) is scheduled to report its second quarter results on Thursday before market open. The Estimize earnings per share consensus estimate (based on 11 estimates) currently stands at $0.61 on revenue of $844.81. This compares to the Wall Street consensus estimate that is...
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U.S. Produced Fewer Than Expected Jobs In October
Sunday, November 9, 2014 - 9:16pm | 666U.S. stocks were little changed to close last week as U.S. data showed the economy created fewer than expected jobs in October. However, the unemployment rate declined to a six-year low of 5.8 percent. The unemployment rate continues to improve, inching closer to the Fed's 5.4 percent to 5....
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Earnings Continue Driving Markets Higher
Wednesday, July 16, 2014 - 5:23pm | 3415U.S. stocks rose as investors and traders find comfort in corporate earnings that continue to come in at better-than-expected levels. Although it's still very early in to earning season, Intel Corp. (NASDAQ: INTC) reported better-than-expected results and stronger-than-expected PC sales,...
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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
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Market Wrap For June 9: Markets Higher On St. Louis Fed Comments, Low Volume
Monday, June 9, 2014 - 4:42pm | 2188U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed. Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open...
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Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
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Market Wrap For June 5: Markets Positive Before Friday's Employment Report
Thursday, June 5, 2014 - 4:35pm | 2244U.S. stocks were positive after the European Central Bank implemented steps to fight disinflation, including negative interest rates. On the home-front, initial jobless claims rose last week but that didn't stand in the way of the S&P 500 and Dow Jones indices trading at historical all-...
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Earnings Expectations For The Week Of June 2: Ciena, FuelCell Energy And More
Sunday, June 1, 2014 - 7:47pm | 902The first-quarter earnings season is wrapping up now, and much attention will turn this week to the G-7 summit in Brussels, possible European Central Bank policy changes and the latest unemployment numbers in the United States. But among the handful of companies scheduled to report quarterly...
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Caterpillar Earnings Preview: Looking For A Turnaround
Wednesday, April 23, 2014 - 2:07pm | 819Heavy equipment maker Caterpillar (NYSE: CAT) -- which just announced that its CEO's compensation was slashed due to the stock's underperformance last year -- is scheduled to report its first-quarter 2014 results on Thursday, April 24, before the markets open. Investors will be watching for...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Market Wrap For March 6: Investors Find Positives In Jobless Claims
Thursday, March 6, 2014 - 6:06pm | 2478U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report. The S&P 500 was lifted to a new all time high of 1,8881.94 while the Dow recorded modest gains. The Nasdaq finished in the red The Fed's Bill Dudley...