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Barron's Latest Picks And Pans: Curaleaf, Bank of America, Crocs, Sherwin-Williams And More
Sunday, May 2, 2021 - 8:32am | 1125This weekend's Barron's cover story examines the prospects for the U.S. cannabis industry. Other featured articles discuss how cryptocurrency threatens the role of central banks, why steel stocks are due for a fall and whether the tech giants will thrive. Also, see the prospects for a top...
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Barron's Picks And Pans: Chevron, Goldman Sachs, Progressive And More
Sunday, June 14, 2020 - 9:05am | 768This weekend's Barron's cover story features eight dividend stock picks for the pandemic era. Other featured articles look at what younger day traders are favoring and why some tech giants riding high. Also, the prospects for two financial giants, packaged food plays, specialty retailers...
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Big Banks To Kick Off New Earnings Season With Mixed Results?
Sunday, October 9, 2016 - 1:58pm | 841Three of the big U.S. banks help to kick off a new earnings season this week Wall Street analysts expect to see earnings declines from all three of them. But consensus forecasts also predict marginal top-line growth from two. The third-quarter earnings reporting season is just getting underway...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 5:06pm | 2294U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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Connected Car Startup Zubie Inks Deal With Progressive Insurance
Thursday, September 4, 2014 - 1:45pm | 712Zubie, a connected car startup that was formed as a partnership between Best Buy and OpenAir Equity Partners, has teamed up with Progressive Insurance (NYSE: PGR). The two companies are collaborating on an "industry-first telematics solution" that will reward consumers who drive...
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Stocks Close Lower On Economic Concerns In Europe
Thursday, July 10, 2014 - 4:38pm | 2145U.S. markets followed European equities and sold off after Portugal's second largest bank Banco Espirito Santo missed a debt payment, renewing concerns over the health of the Portuguese and European economy. Despite a comeback from hefty losses, major indices still finished the day in...
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Earnings Expectations For The Week Of July 7: Alcoa, Wells Fargo And More
Sunday, July 6, 2014 - 3:26pm | 892Alcoa (NYSE: AA), the traditional kickoff to a new earnings season, steps into the earnings spotlight this week, and analysts are looking for mixed results for the second quarter. Will that be a harbinger for reports to come? Things really get started when Wells Fargo (NYSE: WFC), the first of...
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Market Wrap For April 9: Investors Breathe Sigh Of Relief Over Rate Worries
Wednesday, April 9, 2014 - 4:35pm | 2359U.S. stocks rose sharply after minutes from the Federal Reserve eased concerns over when the central bank would raise interest rates. The decision to let go of the 6.5 percent unemployment rate threshold for raising interest rates was finalized in early March. Additionally, the Fed's minutes...
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Earnings Expectations For The Week Of April 7: New Season Kicks Off
Sunday, April 6, 2014 - 6:05pm | 787This week brings the first-quarter report from Alcoa (NYSE: AA), the traditional kickoff of a new earnings season. But its relevance may be diminishing, now that the company is no longer part of the Dow Jones Industrial Average. With the end-of-the-week earnings reports from J.P. Morgan (NYSE: JPM...
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Earnings Expectations For The Week Of January 20: Microsoft, McDonald's, Netflix And More
Sunday, January 19, 2014 - 2:27pm | 953The markets are closed on Monday for Martin Luther King Day, but after that the earnings season shifts back into high gear. The consensus forecasts for eBay, McDonald's, Netflix, Starbucks and Verizon call for year-over-year growth in per-share earnings. But analysts are looking for declining...
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Barron's Recap: A Bullish Outlook for 2014
Sunday, December 15, 2013 - 5:52pm | 730This weekend in Barron's online: a special report on the outlook for 2014. Also, the prospects for eBay, YPF, Innophos Holdings and more. Cover Story "An Upbeat View of 2014" by Vito J. Racanelli. After the crazy ride of the past six years, Wall Street analysts see things settling down to normal...
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Earnings Expectations For The Week Of October 7: A New Earnings Season
Sunday, October 6, 2013 - 12:27pm | 1101Yum! Brands (NYSE: YUM), J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) will kick off the new earnings season this week. Analysts are looking for revenue declines from these three, and only Wells Fargo to post year-over-year earnings growth. Since it has dropped out of the Dow Jones...
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Goldman Sachs Provides Color on Property and Casualty Sector
Monday, June 20, 2011 - 8:47am | 260Goldman Sachs provided color on the property and casualty sector. In a research report published today, Goldman Sachs reiterated its Buy rating on XL Group (NYSE: XL). The report states, "We reiterate our CL-Buy call on XL, as we continue to believe that, within our coverage, XL is the most...
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Stifel Nicolaus Reiterates Buy on Progressive
Monday, June 20, 2011 - 8:15am | 93Stifel Nicolaus is out with its report today on Progressive (NYSE: PGR), reiterating Buy after attending PGR's investor day. In a note to clients, Stifel Nicolaus writes, "We reiterate our Buy rating on the shares of Progressive. The investor day clearly demonstrated the depths of Progressive's...
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Piper Jaffray Maintains Neutral on Progressive
Thursday, June 16, 2011 - 7:36am | 129Piper Jaffray is out with its report today on Progressive (NYSE: PGR), maintaining Neutral. In a note to clients, Piper Jaffray writes, "Progressive reported operating EPS of $0.11 for the month of May 2011, roughly in-line with PJC's $0.12 estimate. Monthly results included $48M of catastrophe...