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Large Option Trader Buying Nektar Calls Following Stock Crash
Friday, August 9, 2019 - 2:03pm | 629Read More...Nektar Therapeutics (NASDAQ: NKTR) crashed more than 30% Friday after the company reported a huge second-quarter sales miss. Nektar also said manufacturing problems may have impacted the results of several studies of its NKTR-214 cancer treatment drug, which it has been testing in combination with...
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Wall Street Weighs In On Berkshire Hathaway's Earnings
Monday, August 5, 2019 - 12:16pm | 448Read More...Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) shares held up relatively well on Monday in a weak market after the company reported an 11% drop in second-quarter operating profit over the weekend. The Numbers Berkshire was able to overcome trade war headwinds to generate a 17% increase in...
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Analysts Speak Up On GE's Solid Quarter
Thursday, August 1, 2019 - 10:54am | 616Read More...General Electric Co (NYSE: GE) shares closed nearly flat in a volatile session on Wednesday after the struggling industrial giant reported an encouraging quarter. GE beat consensus earnings and revenue expectations and raised its 2019 industrial free cash flow guidance to a new range of between...
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AMD Drops On Mixed Quarter, Analysts Weigh In
Wednesday, July 31, 2019 - 11:40am | 450Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares dropped more than 8% Wednesday after the company reported a mixed second quarter on Tuesday. Despite slightly beating consensus analyst estimates, AMD reported a 13% drop in revenue in the quarter. AMD management said semi-custom product revenue and...
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Bausch Sees Clearer With Less Debt
Tuesday, June 25, 2019 - 2:28pm | 605Read More...Bausch Health Companies Inc (NYSE: BHC) jumped 3% on Tuesday after the company announced it has taken a major stride in paying down its massive debt load. Bausch, which changed its name from Valeant Pharmaceuticals roughly a year ago, announced Tuesday it's using $100 million in cash from...
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CFRA's Lindsey Bell Is Keeping An Eye On Tiffany
Tuesday, June 18, 2019 - 7:57am | 202Read More...On CNBC’s “Closing Bell” on Monday, Lindsey Bell of CFRA called Tiffany & Co. (NYSE: TIF) her top stock pick of the day. “They reported a weak Q1, they cut guidance and it is trading at 18.2 times on a forward basis,” said Bell. Bell sees sales improving in the...
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What To Make Of The Surprise Qualcomm Antitrust Ruling
Thursday, May 23, 2019 - 12:45pm | 640Read More...QUALCOMM, Inc. (NASDAQ: QCOM) shares are down 16.3 percent this week after a judge ruled Qualcomm violated antitrust laws in imposing excessive licensing fees for its cell phone chips. The judge ruled in favor of the Federal Trade Commission, which argued that Qualcomm took advantage of its chip...
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Boeing CEO Grilled By Shareholders On 737 Max Issues
Monday, April 29, 2019 - 1:45pm | 589Read More...Boeing Co (NYSE: BA) stock traded mostly flat Monday after CEO Dennis Muilenburg discussed the company’s outlook with shareholders in the wake of its 737 Max issues. The 737 model was grounded earlier this year after two fatal crashes involving its most popular model. Muilenburg denied...
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Apple Q2 Earnings Preview: What To Expect
Sunday, April 28, 2019 - 10:25am | 739Read More...Apple, Inc. (NASDAQ: AAPL) investors are hoping Apple can keep the ball rolling when it reports fiscal second-quarter earnings after the market close on April 30. Here’s a look at what Wall Street is expecting from Apple. The Numbers Analysts are expecting Apple to report second-quarter EPS...
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Bruised And Battered, But Not Broken: Wall Street Reacts To WWE's Earnings Miss
Friday, April 26, 2019 - 1:33pm | 592Read More...World Wrestling Entertainment, Inc (NYSE: WWE) stock traded lower by another 3.8 percent on Friday after the company reported a first-quarter earnings and revenue miss. The stock is now down 16.2 percent overall since Thursday's print. WWE reported a first-quarter EPS loss of 11 cents on...
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JPMorgan, Wells Fargo Issue Mixed Q1 Reports; Analysts Weigh In
Monday, April 15, 2019 - 11:12am | 859Read More...Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. Wells Fargo told investors that a lower interest rate outlook, flatter yield curve and tightening loan...
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Are GE's Guidance Cuts Finally Over? Analysts Speak Up On Company's Financial Update
Friday, March 15, 2019 - 12:15pm | 571Read More...General Electric Company (NYSE: GE) investors weren’t impressed by CEO Larry Culp’s pledge for transparency on Thursday, sending the stock lower on Friday. GE released updated financial guidance Thursday, calling for 2019 EPS of between 50 cents and 60 cents, below consensus estimates...
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Surge In Gap Shares, Trade Deal Optimism Help Boost Market Sentiment
Friday, March 1, 2019 - 11:24am | 1333Read More...The main pendulum between market optimism and pessimism continues to be developments in trade negotiations between China and the United States. And this morning it appears to have swung to the bullish side. The hopefulness comes after a Bloomberg report said U.S. officials are working up a final...
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Even After Earnings Beat, Analysts Aren't Buying Macy's
Wednesday, February 27, 2019 - 1:02pm | 531Read More...Shares of Macy’s Inc (NYSE: M) traded higher this week after the company reported better-than-expected holiday-quarter sales and earnings. Macy’s also announced a plan to cut costs by $100 million, including eliminating 100 management jobs. Unfortunately for investors, despite closing...
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An Early Reaction To Home Depot's Sales, Guidance Shortfall
Tuesday, February 26, 2019 - 10:45am | 515Read More...Home Depot Inc (NYSE: HD) reported a sales miss in its fourth-quarter results, along with a same-store sales miss and poor outlook for 2019. Oppenheimer: Focus On Comps Growth Home Depot's EPS in the fourth quarter would have come in better than expected if it wasn't impacted by $247...















