Friday, August 3, 2018

Comparing Bristow Group (BRS) and PHI INC/SH (PHII)

Bristow Group (NYSE: BRS) and PHI INC/SH (NASDAQ:PHII) are both small-cap transportation companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, risk, dividends, earnings, analyst recommendations, institutional ownership and profitability.

Profitability

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This table compares Bristow Group and PHI INC/SH’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Bristow Group -13.53% -6.20% -2.48%
PHI INC/SH 0.96% -7.19% -3.05%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Bristow Group and PHI INC/SH, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bristow Group 0 3 0 0 2.00
PHI INC/SH 0 0 0 0 N/A

Bristow Group presently has a consensus price target of $12.33, suggesting a potential downside of 6.99%. Given Bristow Group’s higher probable upside, equities research analysts clearly believe Bristow Group is more favorable than PHI INC/SH.

Earnings & Valuation

This table compares Bristow Group and PHI INC/SH’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Bristow Group $1.44 billion 0.33 -$195.65 million ($2.13) -6.23
PHI INC/SH $579.54 million 0.22 $7.53 million N/A N/A

PHI INC/SH has lower revenue, but higher earnings than Bristow Group.

Institutional and Insider Ownership

99.1% of Bristow Group shares are held by institutional investors. Comparatively, 1.7% of PHI INC/SH shares are held by institutional investors. 2.8% of Bristow Group shares are held by insiders. Comparatively, 20.6% of PHI INC/SH shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Risk & Volatility

Bristow Group has a beta of 2.96, suggesting that its share price is 196% more volatile than the S&P 500. Comparatively, PHI INC/SH has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500.

Summary

Bristow Group beats PHI INC/SH on 7 of the 10 factors compared between the two stocks.

About Bristow Group

Bristow Group Inc. provides industrial aviation services to the offshore energy companies in Europe Caspian, Africa, the Americas, and the Asia Pacific. The company offers helicopter charter services to transport personnel between onshore bases and offshore production platforms, drilling rigs, and other installations, as well as to transport time-sensitive equipment to these offshore locations. It also provides search and rescue services for the oil and gas industry, and governmental agencies; and aircraft support services. The company was formerly known as Offshore Logistics Inc. and changed its name to Bristow Group Inc. in February 2006. Bristow Group Inc. was founded in 1955 and is headquartered in Houston, Texas.

About PHI INC/SH

PHI, Inc., together with its subsidiaries, provides transportation services to, from, and among offshore facilities for customers in the oil and gas exploration, development, and production industry in the United States and internationally. It operates through three business segments: Oil and Gas, Air Medical, and Technical Services. The Oil and Gas segment provides helicopter services primarily for the integrated and independent oil and gas exploration and production companies, and other offshore oil service companies for routine transportation of personnel and equipment, transportation of personnel during medical and safety emergencies, and evacuation of personnel during the threat of hurricanes and other adverse weather conditions. The Air Medical segment provides air medical transportation services for hospitals and emergency service agencies in 18 states. The Technical Services segment provides helicopter repair and overhaul services for flight operations customers, as well as operates aircraft for the National Science Foundation in Antarctica. It also provides software as a service to certain of its oil and gas customers for passenger check-in and compliance verification. As of December 31, 2017, the company owned or operated 245 aircraft, including 133 dedicated to Oil and Gas operations, 106 dedicated to Air Medical operations, and 6 dedicated to Technical Services operations. PHI, Inc. was founded in 1949 and is headquartered in Lafayette, Louisiana.

Sunday, July 22, 2018

Waste Management, Inc. (WM) Shares Sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System lessened its holdings in Waste Management, Inc. (NYSE:WM) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,400 shares of the business services provider’s stock after selling 1,000 shares during the period. Louisiana State Employees Retirement System’s holdings in Waste Management were worth $1,903,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gables Capital Management Inc. purchased a new stake in shares of Waste Management during the first quarter worth $102,000. Bruderman Asset Management LLC purchased a new stake in shares of Waste Management during the first quarter worth $127,000. Rainier Group Investment Advisory LLC purchased a new stake in shares of Waste Management during the first quarter worth $135,000. Trust Department MB Financial Bank N A purchased a new stake in shares of Waste Management during the second quarter worth $138,000. Finally, Summit Trail Advisors LLC lifted its position in shares of Waste Management by 8,276.6% during the first quarter. Summit Trail Advisors LLC now owns 152,621 shares of the business services provider’s stock worth $153,000 after acquiring an additional 150,799 shares in the last quarter. Hedge funds and other institutional investors own 74.99% of the company’s stock.

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Several research firms have issued reports on WM. Zacks Investment Research downgraded Waste Management from a “hold” rating to a “sell” rating in a research report on Saturday, June 30th. BMO Capital Markets dropped their target price on Waste Management from $97.00 to $90.00 and set an “outperform” rating on the stock in a research report on Friday, April 20th. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. Waste Management presently has a consensus rating of “Buy” and an average target price of $90.89.

Waste Management stock opened at $82.69 on Friday. The firm has a market capitalization of $35.65 billion, a PE ratio of 25.68, a PEG ratio of 1.70 and a beta of 0.69. Waste Management, Inc. has a fifty-two week low of $73.48 and a fifty-two week high of $89.73. The company has a current ratio of 0.74, a quick ratio of 0.71 and a debt-to-equity ratio of 1.47.

Waste Management (NYSE:WM) last released its quarterly earnings results on Friday, April 20th. The business services provider reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.09. The firm had revenue of $3.51 billion for the quarter, compared to analysts’ expectations of $3.57 billion. Waste Management had a net margin of 14.06% and a return on equity of 26.73%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. sell-side analysts anticipate that Waste Management, Inc. will post 4.01 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, June 22nd. Stockholders of record on Friday, June 8th were issued a $0.465 dividend. The ex-dividend date of this dividend was Thursday, June 7th. This represents a $1.86 annualized dividend and a dividend yield of 2.25%. Waste Management’s payout ratio is currently 57.76%.

In related news, Director Patrick W. Gross sold 406 shares of the stock in a transaction on Wednesday, July 18th. The stock was sold at an average price of $83.22, for a total value of $33,787.32. Following the transaction, the director now owns 24,149 shares of the company’s stock, valued at $2,009,679.78. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Barry H. Caldwell sold 10,844 shares of the stock in a transaction on Friday, May 4th. The shares were sold at an average price of $84.00, for a total value of $910,896.00. Following the completion of the transaction, the senior vice president now directly owns 31,447 shares in the company, valued at approximately $2,641,548. The disclosure for this sale can be found here. Corporate insiders own 0.30% of the company’s stock.

About Waste Management

Waste Management, Inc, through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations.

See Also: What does RSI mean?

Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM).

Institutional Ownership by Quarter for Waste Management (NYSE:WM)

Saturday, July 21, 2018

Microsoft Earnings Preview, & Trending Stocks: DPZ, CMCSA, SQ | Free Lunch

On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney discusses what’s causing stocks like Domino’s (DPZ ) , Comcast (CMCSA ) , and Square (SQ ) to move this morning.

Later, he is joined by Dave Bartosiak to preview the upcoming earnings report from Microsoft (MSFT ) , which is due out this afternoon.

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Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.

Pizza behemoth Domino’s posted its latest quarterly earnings report before the bell today, tallying its 29th straight quarter of positive domestic same-store sales results. Revenue disappointed investors a bit, sending shares down a bit at the open, but earnings growth was solid, and Domino’s—once again—displayed its restaurant industry dominance.

Meanwhile, investors were also reacting to the news that Comcast has dropped its bid to buy 21st Century Fox (FOXA ) assets, effectively handing the deal to rival Disney (DIS ) . Comcast will now focus its efforts on completing its deal to buy Sky.

Wall Street was also talking about Square this morning, with one key analyst firm upgrading the stock on the back of expanded product offerings for merchants. Investors are starting to notice that Square is doing much more than its core payment solutions business, and that is paying off for the firm.

Ryan recaps these stories, giving investors the key facts and his own perspective, on the first half of today’s show!

Later, he is joined by Zacks Strategist Dave Bartosiak to preview Microsoft’s upcoming earnings report. How important is Microsoft’s cloud business to today’s results? What the heck is Azure, anyway? Is the tech behemoth gaining on Amazon (AMZN ) in the public cloud market?

Hear Ryan and Dave’s answers to all of these questions, and more, only on today’s episode of Free Lunch!

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Thursday, July 19, 2018

Best Clean Energy Stocks To Invest In 2019

tags:PCAR,BCO,RBA,GES,MSON, &l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41903517&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41903517/960x0.jpg?fit=scale&q; data-height=&q;1390&q; data-width=&q;960&q;&g; A rainbow arcs over wind turbines at a wind farm in Scotland. Mike Wilkinson/Bloomberg

As the amount of renewable energy in global electricity networks continues to surge, a new question arises &a;ndash; when will renewables become the dominant source of energy?

A new report, the &l;a href=&q;https://www.lr.org/techradar&q; target=&q;_blank&q;&g;Lloyd&a;rsquo;s Register 2018 Technology Radar&l;/a&g;, examines this issue and also looks at which technologies are likely to have the biggest impact in different countries and what are the key drivers and barriers to success.

A survey of 800 key industry figures found that China would be the first country to achieve grid parity, in 2022, followed by Spain and the United Arab Emirates two years later in 2024. This is the same year that Germany and the UK are expected to see grid parity for wind power, followed a year later by Denmark and the USA. The International Renewable Energy Agency (IRENA) &l;a href=&q;http://www.irena.org/newsroom/pressreleases/2018/Jan/Onshore-Wind-Power-Now-as-Affordable-as-Any-Other-Source&q; target=&q;_blank&q;&g;said recently&l;/a&g; that clean energy sources will be cheaper than fossil fuels by 2020.

Best Clean Energy Stocks To Invest In 2019: PACCAR Inc.(PCAR)

Advisors' Opinion:
  • [By Shane Hupp]

    BidaskClub downgraded shares of PACCAR (NASDAQ:PCAR) from a sell rating to a strong sell rating in a research report released on Saturday morning.

    Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. lowered their price objective on PACCAR from $74.00 to $72.00 and set a hold rating for the company in a research report on Tuesday, April 10th. Deutsche Bank downgraded PACCAR from a hold rating to a sell rating and set a $77.00 price objective for the company. in a research report on Monday, March 19th. Zacks Investment Research downgraded PACCAR from a buy rating to a hold rating in a research report on Tuesday, April 3rd. ValuEngine upgraded PACCAR from a hold rating to a buy rating in a research report on Tuesday, April 3rd. Finally, Robert W. Baird reiterated a hold rating and issued a $80.00 price objective on shares of PACCAR in a research report on Tuesday, April 17th. Five investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $73.30.

  • [By Logan Wallace]

    Hudson Capital Management LLC grew its position in shares of PACCAR Inc (NASDAQ:PCAR) by 8.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,965 shares of the company’s stock after buying an additional 1,798 shares during the quarter. Hudson Capital Management LLC’s holdings in PACCAR were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Paccar (PCAR)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Clean Energy Stocks To Invest In 2019: Brink's Company (BCO)

Advisors' Opinion:
  • [By Dan Caplinger]

    Thursday was a largely down day for the stock market, with the Dow Jones Industrial Average�taking the biggest hit of the major benchmarks. The global turmoil over trade got a lot closer to home as the U.S. imposed new restrictions that led the Canadian government to issue retaliatory tariffs in response. Yet many broader-based measures of the market fell only slightly, showing that much of what drives the economy isn't as dependent on trade as traditional industrial giants. Good news also sent some key stocks higher. Madrigal Pharmaceuticals (NASDAQ:MDGL), Brink's (NYSE:BCO), and Applied Optoelectronics (NASDAQ:AAOI) were among the best performers on the day. Here's why they did so well.

  • [By Shane Hupp]

    BridgeCoin (CURRENCY:BCO) traded 6.3% lower against the dollar during the one day period ending at 7:00 AM ET on June 26th. During the last week, BridgeCoin has traded down 27.1% against the dollar. One BridgeCoin coin can currently be bought for approximately $0.86 or 0.00013872 BTC on major exchanges. BridgeCoin has a total market capitalization of $23.29 million and approximately $23,296.00 worth of BridgeCoin was traded on exchanges in the last day.

  • [By Ethan Ryder]

    Brink’s (NYSE:BCO) shares shot up 16.2% on Thursday after Buckingham Research raised their price target on the stock from $5.14 to $110.00. Buckingham Research currently has a buy rating on the stock. Brink’s traded as high as $82.45 and last traded at $79.25. 2,991,171 shares changed hands during trading, an increase of 539% from the average session volume of 467,825 shares. The stock had previously closed at $68.20.

  • [By Stephan Byrd]

    Wall Street brokerages predict that Brink’s (NYSE:BCO) will post earnings per share (EPS) of $0.76 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Brink’s’ earnings, with the lowest EPS estimate coming in at $0.74 and the highest estimate coming in at $0.77. Brink’s reported earnings per share of $0.64 in the same quarter last year, which suggests a positive year over year growth rate of 18.8%. The company is expected to issue its next quarterly earnings results on Wednesday, July 25th.

  • [By Lisa Levin] Gainers Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) jumped 124.8 percent to $243.725 in reaction to an encouraging Phase 2 clinical trial update. The clinical-stage biopharmaceutical company said its liver-directed, thyroid hormone receptor called MGL-3196 showed a statistical significance in the primary endpoint of lowering liver fat at 12 weeks and also 36 weeks. Viking Therapeutics, Inc. (NASDAQ: VKTX) gained 63.4 percent to $8.12 after falling 4.42 percent on Wednesday. Takung Art Co., Ltd. (NYSE: TKAT) rose 43.3 percent to $2.9094 vTv Therapeutics Inc. (NASDAQ: VTVT) shares climbed 29.7 percent to $2.16 after the company reported a licensing deal with Newsoara Biopharma to rights for vTv's PDE4 Inhibitor in China and other Pacific Rim territories. Akers Biosciences, Inc. (NASDAQ: AKER) gained 26.2 percent to $0.4109. The developer of rapid health information technologies said Wednesday afternoon it was granted a 180-day extension from the Nasdaq Stock Market to meet the requirement of a minimum $1.00 per share closing bid price for 10 straight days. Genprex, Inc. (NASDAQ: GNPX) rose 22.2 percent to $11.6254. Genprex reported engagement of WIRB-Copernicus Group to provide clinical trial services to support Oncoprex clinical trial program. J.Jill, Inc. (NYSE: JILL) gained 21 percent to $7.506 after the company posted upbeat quarterly earnings. Urban One, Inc. (NASDAQ: UONE) gained 19.7 percent to $3.95 after rising 78.38 percent on Wednesday. TapImmune, Inc. (NASDAQ: TPIV) shares gained 18.5 percent to $6.03 after climbing 24.15 percent on Wednesday. Kirkland's, Inc. (NASDAQ: KIRK) rose 17.3 percent to $12.95 after reporting upbeat Q1 results. CymaBay Therapeutics, Inc. (NASDAQ: CBAY) shares gained 15.1 percent to $13.210. The Brink's Company (NYSE: BCO) climbed 14.2 percent to $77.875 as the company announced plans to acquire Dunbar Armored for $520 million in cash. Keysight Technologies, Inc. (NYSE: KEY
  • [By Joseph Griffin]

    BridgeCoin (CURRENCY:BCO) traded 7.5% lower against the US dollar during the one day period ending at 17:00 PM Eastern on June 15th. One BridgeCoin coin can currently be bought for $1.24 or 0.00019057 BTC on major exchanges. In the last week, BridgeCoin has traded down 33.1% against the US dollar. BridgeCoin has a market cap of $33.52 million and approximately $15,787.00 worth of BridgeCoin was traded on exchanges in the last day.

Best Clean Energy Stocks To Invest In 2019: Ritchie Bros. Auctioneers Incorporated(RBA)

Advisors' Opinion:
  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Ritchie Bros. Auctioneers (RBA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Ritchie Bros. Auctioneers (RBA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Ritchie Bros. Auctioneers Inc (NYSE:RBA) (TSE:RBA) – Analysts at Jefferies Group boosted their Q2 2018 earnings estimates for Ritchie Bros. Auctioneers in a report issued on Monday, April 9th. Jefferies Group analyst S. Volkmann now expects that the business services provider will earn $0.39 per share for the quarter, up from their prior forecast of $0.37. Jefferies Group has a “Hold” rating and a $30.00 price target on the stock. Jefferies Group also issued estimates for Ritchie Bros. Auctioneers’ Q3 2018 earnings at $0.16 EPS.

  • [By Ethan Ryder]

    Total System Services (NYSE: TSS) and Ritchie Bros. Auctioneers (NYSE:RBA) are both business services companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, profitability, analyst recommendations, institutional ownership, earnings, valuation and dividends.

  • [By Max Byerly]

    Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) last released its quarterly earnings data on Thursday, May 10th. The business services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Ritchie Bros. Auctioneers had a net margin of 10.96% and a return on equity of 12.50%. The business had revenue of $169.80 million during the quarter, compared to analysts’ expectations of $153.56 million. During the same quarter in the prior year, the firm posted $0.12 earnings per share. The firm’s quarterly revenue was up 36.4% on a year-over-year basis. equities research analysts forecast that Ritchie Bros. Auctioneers will post 1.06 EPS for the current year.

  • [By Lisa Levin]

     

    Companies Reporting After The Bell NVIDIA Corporation (NASDAQ: NVDA) is estimated to post quarterly earnings at $1.45 per share on revenue of $2.89 billion. News Corporation (NASDAQ: NWSA) is projected to post quarterly earnings at $0.07 per share on revenue of $1.99 billion. Symantec Corporation (NASDAQ: SYMC) is estimated to post quarterly earnings at $0.39 per share on revenue of $1.19 billion. Pilgrim's Pride Corporation (NASDAQ: PPC) is projected to post quarterly earnings at $0.54 per share on revenue of $2.65 billion. Hawaiian Electric Industries, Inc. (NYSE: HE) is expected to post quarterly earnings at $0.38 per share on revenue of $556.81 million. Air Lease Corporation (NYSE: AL) is estimated to post quarterly earnings at $1.01 per share on revenue of $383.37 million. Flowserve Corporation (NYSE: FLS) is expected to post quarterly earnings at $0.27 per share on revenue of $880.89 million. Civitas Solutions, Inc. (NYSE: CIVI) is projected to post quarterly earnings at $0.12 per share on revenue of $396.25 million. The Trade Desk, Inc. (NASDAQ: TTD) is estimated to post quarterly earnings at $0.1 per share on revenue of $73.23 million. Amdocs Limited (NYSE: DOX) is projected to post quarterly earnings at $0.95 per share on revenue of $980.50 million. Yelp Inc. (NYSE: YELP) is estimated to post quarterly loss at $0.04 per share on revenue of $220.14 million. Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) is expected to post quarterly earnings at $0.43 per share on revenue of $210.01 million. TiVo Corporation (NASDAQ: TIVO) is projected to post quarterly earnings at $0.37 per share on revenue of $198.62 million. Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) is expected to post quarterly earnings at $0.17 per share on revenue of $153.87 million. Uniti Group Inc. (NASDAQ: UNIT) is estimated to post quarterly earnings at $0.01 per share on revenue of $247.16 million. Jagged Peak En

Best Clean Energy Stocks To Invest In 2019: Guess?, Inc.(GES)

Advisors' Opinion:
  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects Michael Kors Holdings Limited (NYSE: KORS) to report its quarterly earnings at $0.59 per share on revenue of $1.15 billion before the opening bell. Michael Kors shares rose 2.61 percent to $70.00 in pre-market trading. Analysts expect Guess?, Inc. (NYSE: GES) to post its quarterly loss at $0.23 per share on revenue of $508.02 million after the closing bell. Guess dropped 0.36 percent to close at $24.59 on Tuesday. HP Inc (NYSE: HPQ) reported upbeat revenue for its second quarter and raised its profit outlook for the full year. The company named Steve Fieler as its CFO. HP shares rose 0.61 percent to $21.43 in pre-market trading. Before the markets open, Chico's FAS, Inc. (NYSE: CHS) is projected to report its quarterly earnings at $0.26 per share on revenue of $552.31 million. Chico's FAS shares declined 1.67 percent to close at $9.99 on Tuesday.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Shane Hupp]

    Guess (NYSE:GES) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.27-0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.30. The company issued revenue guidance of $654-663 million, compared to the consensus revenue estimate of $621.68 million.Guess also updated its FY19 guidance to $0.88-0.99 EPS.

  • [By Lisa Levin]

      

    Clearside Biomedical, Inc. (NASDAQ: CLSD) shares declined 32.19 percent to close at $9.86 on Thursday. Clearside Biomedical disclosed that its Phase 2 trial of CLS-TA met primary and secondary endpoints met in 6-month trial. scPharmaceuticals Inc. (NASDAQ: SCPH) shares dipped 30.1 percent to close at $9.94 on Thursday after the FDA identified deficiencies in the company’s New Drug Application for FUROSCIX. However, the FDA letter did not specify deficiencies identified and notification does not reflect final decision on information under review. Euroseas Ltd. (NASDAQ: ESEA) fell 24.08 percent to close at $1.86. Euroseas announced completion of the spin-off of its drybulk fleet into EuroDry Ltd. Golar LNG Limited (NASDAQ: GLNG) fell 25.09 percent to close at $25.98 following Q1 results. Oragenics, Inc. (NASDAQ: OGEN) shares dropped 25 percent to close at $1.50 on Thursday. Guess', Inc. (NYSE: GES) dropped 19.44 percent to close at $19.60 following Q1 results. Cantel Medical Corp. (NYSE: CMD) dropped 15.94 percent to close at $109.09 on Thursday following FQ3 results. Fusion Connect, Inc. (NASDAQ: FSNN) shares fell 15.55 percent to close at $3.91. Build-A-Bear Workshop, Inc. (NYSE: BBW) dropped 14.44 percent to close at $8.00 after reporting Q1 results. Dollar Tree, Inc. (NASDAQ: DLTR) shares declined 14.28 percent to close at $82.59 after the company reported weaker-than-expected earnings for its first quarter and lowered its FY2018 earnings guidance. Titan Machinery Inc. (NASDAQ: TITN) dropped 13.94 percent to close at $18.09 after reporting Q1 results. Co-Diagnostics, Inc. (NASDAQ: CODX) declined 13.17 percent to close at $2.90 after declining 5.65 percent on Wednesday. Concordia International Corp. (NASDAQ: CXRX) fell 12.89 percent to close at $0.2440 after the company announced that it would be delisted from the Nasdaq. Sears Holdings Corporation (NASDAQ: SHLD) slipped 12.46 percent
  • [By Dan Caplinger]

    Wall Street had a down day on Thursday, with the trade-sensitive industrial side of the market seeing the largest declines on news that the U.S. and Canada had imposed a set of matching tariffs on each other. The Dow lost more than 200 points, but declines were somewhat less extensive on a percentage basis for other parts of the market. Crude oil prices also moved lower, and the general sense among investors was one of uncertainty about how these initial disputes would evolve over time. Moreover, some bad news from key sectors of the economy weighed on individual stocks. Dollar Tree (NASDAQ:DLTR), Guess? (NYSE:GES), and Micron Technology (NASDAQ:MU) were among the worst performers on the day. Below, we'll look more closely at these stocks to tell you why they did so poorly.

  • [By Garrett Baldwin]

    On Tuesday, the Trump administration said it would press ahead with 25% tariffs on roughly $50 billion in Chinese goods. As U.S. Trade Secretary Wilbur Ross prepares to head to Beijing to discuss trade this week, the Trump administration is demanding that China address ongoing theft of U.S. intellectual property. Ahead of Friday's jobs report, Automatic Data Processing (NYSE: ADP) reported that private jobs increased by 178,000 during May. That figure was actually 12,000 behind what the markets were anticipating. Job growth appears to be slowing down as the firm also revised its jobs figure for April downward, from 204,000 new positions to 163,000. Three Stocks to Watch Today: KORS, HP, KMI Michael Kors Holdings Ltd.�(NYSE: KORS) stock was off 3.2% in pre-market hours after the company reported earnings before the bell. The luxury retailer reported earnings per share (EPS) of $0.63, a figure that topped Wall Street expectations of $0.60. The firm also beat revenue expectations and reported an increase in same-store sales. However, the firm's earnings forecast for the year ahead came in lower than expectations, a factor that pushed its stock lower on Wednesday morning. Shares of HP Inc. (NYSE: HP) were up slightly after the company raised its full-year outlook and topped Wall Street earnings expectations on Tuesday. The company cited stronger demand in desktops and notebooks for its financial performance. The firm matched EPS expectations of $0.48. However, revenue came in at $14.0 billion, a figure that easily beat forecasts of $13.59. The Canadian government announced plans to purchase the Trans Mountain pipeline from Kinder Morgan Canada Ltd. (NYSE: KML) for $3.5 billion. The Canadian government said that the deal was the only way to ensure that the long-awaited project could proceed. The pipeline runs from the Alberta oil sands to a port all the way in British Columbia along the Pacific Ocean. The pipeline is designed to give Canadian crude grea

Best Clean Energy Stocks To Invest In 2019: MISONIX Inc.(MSON)

Advisors' Opinion:
  • [By Ethan Ryder]

    MISONIX (NASDAQ:MSON) posted its earnings results on Monday. The medical equipment provider reported $0.23 earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $12.44 million during the quarter. MISONIX had a negative net margin of 28.12% and a negative return on equity of 11.13%.

Monday, July 16, 2018

Investigating Cisco's (CSCO) Quest to Bring India Online

The fastest-growing economy in the world, India is projected to see a GDP increase of 7.8% in 2018. The nation is rapidly industrializing, yet still only a third of its population currently resides in an urban environment. There is plenty of opportunity in this region, and Cisco is in an interesting position to capitalize.

The Big Picture

IP-based networking giant Cisco (CSCO ) is based in the US and operates under five main segments: infrastructure platform, applications, security, services, and other. It is the largest player in the networking space and has inked partnerships with a large list of global enterprises including Apple (AAPL ) , IBM (IBM ) and Alibaba (BABA ) .

Cisco India began operations in 1984, and has since filed over a thousand patents and issued 600 for what it calls “innovations across all technologies.” It works with over 2,500 partners in the country and operates 176 networking academies with an overall enrollment of 24,138 active students.

Cisco India works with key domestic firms including Tata Group, Bharti Artel, and multiple provincial government offices. The company’s second largest Global Development Center is based in Bangalore, and houses its research and development, IT, services, and customer support teams, where it develops new business models and technologies for emerging markets, including India.

One key reason why Cisco’s infrastructure platforms are so important to India is because it is still in its infancy. The country boasts a population of 1.32 billion, yet according to data from Statista, only 369 million are connected to the internet. The Indian government is trying to change this through an initiative known as Digital India, a program started in 2015 that seeks to transition the country into a knowledge economy comprised of a digitally literate workforce.

Cisco is one of multiple firms working towards making that a reality. It is leveraging a partnership with telecom giant to power the world’s largest all-IP network.  It includes over 250,000 Cisco routers and will allow Jio to cover 99% of India’s population, laying the basic groundwork to bring the nation online. Cisco began its manufacturing operations in Pune in 2016, and unveiled its first Made-in-India product the following year, predecessor to current routers.

By the Numbers

While this is a worthy cause, what does it mean for the company’s bottom line? In its most recent earnings report, Cisco posted revenues of $12.5 billion on $0.66 in earnings per share, both of which narrowly beat our Zacks Consensus Estimates. While this represents a year-over-year revenue decrease of 4%, EPS still surged 10%.

Cisco noted that its product revenue in India grew by 11% overall in 2017. While Cisco saw declines in other segments, initiatives in India are bearing fruit. The company is aggressively expanding its small business client portfolio, aiming to triple its customer base to 75,000 by 2020. A growing Indian economy includes an increasing number of small businesses, and Cisco has laid the groundwork to capture this opportunity.

Cisco expects the number of internet users in India to reach 829 million by as early as 2021, with the company set to play a major role in the process. The nation still has a long road ahead of it in terms of economic development, but according to a PricewaterhouseCoopers report titled “The World in 2050,” it could surpass the US in GDP by 2050.

Outlook

In recent news, the firm announced plans to acquire July Systems, a private cloud-based mobile application platform. The month before the announcement, it completed the buyout of an AI-based relationship intelligence platform provider, Accompany.

These moves are part of its shift from hardware to software-based products. It is a solid futureproofing method that could increase margins and give the firm a flexible market position. Cisco’s solid net-cash balance of $37.63 billion gives it the ability to pursue various growth initiatives alongside its stock repurchases and dividend hike. The company has raised its buyback program from $25 billion to $31 billion and returned $9.22 billion to shareholders through dividends in fiscal year 2017.

Cisco is a company with a compelling short and long-term investment outlook India. On top of India, it is also collaborating with Open Transit Internet (OTI) firm Orange to expand its network to Africa, Europe, and the Middle East.  Although the acquisition of multiple new firms carries integration risks, and deep macro exposure could make Cisco vulnerable, it is still operating in an overall position of strength, which is reflected in recent earnings estimate revisions.   

In the last 60 days, Cisco has seen six upward and no downward earnings estimate revisions for the current quarter, and nine upward estimates for the current fiscal year compared to one downward estimate. Four analysts have revised estimates downward for the following fiscal year, but twice analysts as many have moved them upward.

Overall, this mixed estimate activity currently leaves Cisco at a Zacks Rank #3 (Hold). However, investors should keep in mind that the Zacks Rank performs strongest over a 3-6 month timeframe. Initiatives in India may take years to continue developing, but hold a lot of potential. As such, investors should put the sleeping giant on their radar if they haven’t already.

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Friday, July 13, 2018

U.S. Companies In China Losing Patience, Tell Trump 'Enough Is Enough'

&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-42261718&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/42261718/960x0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Peter Navarro, director of the National Trade Council, and President Trump&a;rsquo;s biggest anti-China guru in the White House. (Andrew Harrer/Bloomberg)

&a;ldquo;Enough is enough!&a;rdquo;

That&a;rsquo;s what U.S. corporations are telling the Trump administration on Wednesday following a proposed 10% tariff on $200 billion of Made in China goods.

&a;ldquo;The cumulative tariffs that both countries are beginning to implement will harm each other&a;rsquo;s economies and jobs,&a;rdquo; says John Frisbee, president of the U.S. China Business Council, a lobbying firm representing U.S. multinationals in China. &a;ldquo;No one wins in that scenario.&a;rdquo;

Trump slapped $34 billion in tariffs on Chinese goods last week with another $16 billion coming later this month. China retaliated with equal tariffs. The U.S. Trade Representative Robert Lighthizer said the additional threat of $200 billion, announced after market hours Tuesday, was to punish China for its retaliatory tariffs. China could not even impose an equal value of tariffs on the U.S. if it wanted to. Beijing would have to be more creative. Last year, the U.S. exports to China were valued at $129.8 billion, &l;a href=&q;https://www.census.gov/foreign-trade/balance/c5700.html&q; target=&q;_blank&q;&g;according to Census data&l;/a&g;.

&l;img class=&q;dam-image bloomberg size-large wp-image-42104907&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/42104907/960x0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Robert Lighthizer, U.S. trade representative&a;nbsp;(left) speaks with Peter Navarro. Both men see China the same way Trump does: as a threat to U.S. manufacturing and as an unfair competitor in Asian markets. (Photo: Andrew Harrer/Bloomberg.)

On Wednesday, the market was full of headlines speculating on what Xi Jinping could do to retaliate. One way is to attack U.S. services trade&a;mdash;think banks, recently allowed to own mainland broker/dealers outright&a;mdash;and tech companies like Apple. Apple&a;rsquo;s share price fell 1.25% today, worse than the S&a;amp;P 500 and Nasdaq.

&l;p class=&q;tweet_line&q;&g;The U.S. has 6,031 products targeted to hit the $200 billion in new tariffs , according to numbers crunched by Chris Rogers, a research analyst from Panjiva, part of S&a;amp;P Global Market Intelligence. The new proposal is subject to consultation through the end of August. The U.S. China Business Council will have its hands full.

For now, the list is dominated by chemicals, though the products covered are relatively small by value ($7.1 billion, or 3.4% of the $200 billion of imports targeted). Other major categories targeted include textiles (935 lines but notably excluding apparel) and food (925 lines led by fish and vegetables).

By value, the leading categories include electronics ($50.1 billion with 218 tariff lines), capital equipment ($42.0 billion with 200 lines), furniture ($29.7 billion from just 77 lines) and the automotive industry ($12.4 billion with 125 products targeted). The new list comes at the expense of a deeper reliance on China as a supplier for the products concerned, says Rogers.

&a;ldquo;That reduces the options for American buyers to replace Chinese supplies with other overseas providers and increases the risk of supply chain disruptions and higher costs,&a;rdquo; he says.

In the most recent $34 billion list, China accounted for 7.1% of those imports. That rises to 13.3% for the $16 billion list and hits nearly 21% for the $200 billion hit list proposed last night.

For some of the largest products, China&s;s importance as a trade partner is even higher, rising to 49% for IT network gear and a whopping 69.5% for metal furniture.

The tech component &a;ldquo;will likely lead to significant lobbying by IT service companies including Google and Facebook as well as retailers such as Ikea for exclusion of their products,&a;rdquo; Rogers says.

&l;img class=&q;dam-image getty size-large wp-image-916059180&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/916059180/960x0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; An investor watches the electronic board at a stock exchange hall in Fuyang, China. The Shanghai 50 Index is in bear territory, down over 20% since January 26. (Photo by VCG/VCG via Getty Images)

&l;p class=&q;tweet_line&q;&g;The U.S. under Trump is currently fighting a multi-theater trade war. Trump has gone after Europe, Mexico and Canada. But he and his two trade sidekicks, Peter Navarro and Robert Lighthizer, are true believers in China mercantilism being bad for U.S. labor. China is the main target.

While China has been good for U.S. consumers, keeping sneakers and toys cheap, it&a;rsquo;s hurt blue-collar labor, which cannot compete in an outsourced economy against the Chinese on an hourly wage and social benefits basis. Many leading Democrats also believe this, including Senate Minority Leader Chuck Schumer and Vermont Senator Bernie Sanders. Read the headlines about surging Democrats, and besides being soft on immigration, they are also in favor of tariffs and protecting American workers. The Hillary Clinton wing of the Democratic Party has no argument for the economy, and the free traders in the Republican party will have to turn to think tanks for work. Unless this whole trade-war business blows up in everyone&a;rsquo;s face.

To some, by going after China and other trading partners jointly, Trump makes it harder for countries like Germany or Mexico to side with China because it hurts their own, separate trade talks with the U.S.

&a;ldquo;Trump believes that the best way forward is not to avoid a trade war, but to welcome, embrace, and glorify one because he is firm in his belief that&a;mdash;even though there will be economic contraction and institutional ruin&a;mdash;the United States will emerge better off than Europe, Canada, Mexico, Japan, and&a;mdash;most importantly&a;mdash;China,&a;rdquo; says Daniel J. Ikenson, director of Cato&a;rsquo;s Herbert A. Stiefel Center for Trade Policy Studies. Ikenson does not advocate for Trump&a;rsquo;s position.

Meanwhile, the U.S. China Business Council, which has been patient for the last 18 months, is now worried about a more severe Chinese retaliation.

&a;ldquo;Enough is enough. We need to stop the needless escalation of a tariff war and start working on solutions that will address the real concerns that American companies have about China&a;rsquo;s intellectual property protection and technology transfer policies,&a;rdquo; says Frisbee. &a;ldquo;Those are the right issues to focus on, but tariffs are the wrong way to solve them.&a;rdquo;

For Trump, tariffs are the only way to bring people to the table. Only then, if all goes well, will problems get solved.

On Wednesday, famed investor Mark Mobius said a trade war marked the beginning of the global economy&a;rsquo;s march towards financial crisis. He predicted a 10% drop in emerging market equities this year, led by further deterioration out of China.

China&a;rsquo;s mainland equity markets are already down over 20% from their January 26 highs. Investors are likely to pile into the A-shares if Shanghai and Shenzhen fall another 20%. If another $200 billion worth of tariffs are imposed by September, an additional decline of that magnitude is not that hard to imagine.

&a;nbsp;&l;/p&g;

Wednesday, July 11, 2018

Pepsi stock pops on strong snack sales

Pepsi kicked off second quarter earnings season in refreshing style.

The soda and snacks giant reported profits that topped Wall Street's forecasts because of solid sales from its Frito-Lay unit and healthy demand from China and other overseas markets.

Shares of Pepsi (PEP) popped more than 3% on the news Tuesday. Rival Coca-Cola (KO), which will report quarterly results on July 25, was up 1%.

The better-than-expected results helped push the broader market higher Tuesday. And it set a positive tone as investors prepare for a deluge of earnings reports in the coming days and weeks.

Delta Air Lines (DAL) will report its results Thursday morning while big banks JPMorgan Chase (JPM), Wells Fargo (WFC) and Citigroup (C) release earnings Friday.

Investors are eager to hear about what impact, if any, a new round of global tariffs could have on sales and profits.

But Pepsi Chief Financial Officer Hugh Johnston said in an interview with CNNMoney that worries about a global trade war have not hurt sales in international markets so far.

"We haven't seen any material or notable impact from all the dialogue about trade and tariffs that is happening," he said, before adding that it's tough to predict what might come next.

Still, Pepsi is benefiting from strong sales in most emerging markets including China, Latin America and Eastern Europe.

Bonnie Herzog, an analyst with Wells Fargo, noted in a report Tuesday morning that the "solid results in emerging markets" is the biggest plus for Pepsi right now.

But the biggest challenge for Pepsi remains its domestic beverage unit. Sales were down slightly from a year ago.

Johnston said there was improvement in sales at the company's Gatorade and Mountain Dew businesses -- because of new product launches like the zero-sugar Gatorade, the lemon-lime Ice flavor of Mountain Dew and the limited edition Mountain Dew Baja Blast.

But getting the core Pepsi product back on track is still a work in progress. The turnaround is at the early stages, and includes a new ad campaign geared toward younger consumers, featuring New York Yankees superstar Aaron Judge.

Pepsi's beverage business isn't just facing a demand issue in the US, though. Operating profits took a sizable hit, falling 16%, because of an increase in commodity prices squeezing margins and increased transportation costs.

A shortage of qualified truckers in the US has been an issue for many food and beverage companies.

Johnston said the problem will continue for Pepsi for the next few quarters and that ultimately, the company will probably need to raise wages further to induce people to take trucking jobs.

Wall Street didn't seem too worried. The continued strength in the Frito-Lay division, which includes the popular Doritos and Cheetos brands, is helping to offset the slumps in soft drinks and at the Quaker Foods unit, which also posted a drop in sales.

Pablo Zuanic of Susquehanna Financial Group said in a report after the earnings were released Tuesday that the accelerated growth at Frito-Lay is the main reason he continues to like Pepsi stock.

Still, shares of Pepsi -- as well as Coke and many other supermarket staples -- are in the red for 2018 as investors worry about how Amazon (AMZN), Walmart (WMT)and Kroger (KR) are squeezing prices.

Monday, July 9, 2018

PACIFIC �� HBO and Chill

What's Next: Richard Plepler's Last Dance: AT&T wants HBO to transform itself from a boutique for smart, high-minded shows into a 24/7 operation like Netflix that produces more content and drives more user engagement, sources at HBO and AT&T's WarnerMedia confirm. It is a sea-change moment for Plepler, the affable HBO chief and Manhattan-Hollywood socialite who has long enjoyed the luxury of prioritizing a few quality shows on Sunday nights.

Sign up for PACIFIC: The new CNNMoney newsletter about the center of change and innovation

HBO's future now depends on two things:

1. Whether AT&T will give it enough money to compete with Netflix, Amazon and Apple for the best shows, showrunners and talent.

2. Whether Plepler can bring premium content to scale -- which is going to be really hard for a guy who has spent years stressing that the strength of HBO's brand depends on not throwing a hundred things against the wall to see what sticks, a la Netflix.

More on all that, including the the awkward town hall conversation between Plepler and his new AT&T boss John Stankey, below ... Plus: LeBron in Hollywood, Netflix in India, and Les Moonves vs. Shari Redstone in Idaho ...

---

Welcome back to PACIFIC

It's Allen & Co. Week. We're in Sun Valley starting Tuesday, along with Tim Cook, Mark Zuckerberg, Bob Iger, Brian Roberts, Rupert Murdoch & Sons, Randall Stephenson, Reed Hastings, Moonves and Redstone, Jeffrey Katzenberg, Barry Diller, Jimmy Pitaro and Adam Silver, all of whom are among the invited guests at the annual summit of media moguls. This highly private event can only be covered from the sidelines, but we'll do our best.

The Latest in M&A: Comcast is expected to make a $31 billion bid for Sky, just as the UK is giving 21st Century Fox the green light to acquire the company itself. How to read it: Comcast's Brian Roberts is forcing the Murdochs (and thus, Disney) to pay more for Sky, just as he forced Disney to pay more for Fox.

There is no thicker thorn in Bob Iger's side than Brian Roberts.

---

Talk of Tinseltown: Can HBO scale?

For years, Richard Plepler has said that HBO's edge on Netflix is the power of its brand, which is synonymous with quality, and its ability to care for and cultivate every project it invests in. Netflix, by contrast, seems to release dozens of projects at once and pay special attention to only a few guaranteed successes.

Tough luck ... Plepler's new boss John Stankey, the head of AT&T's WarnerMedia, now says HBO must become more like Netflix.

The two men appeared together at a recent town hall meeting at HBO's New York offices. Stankey's remarks, obtained by NYT's Ed Lee and John Koblin, tell you everything you need to know:

�� "I want more hours of engagement. Why are more hours of engagement important? Because you get more data and information about a customer that then allows you to do things like monetize through alternate models of advertising as well as subscriptions, which I think is very important to play in tomorrow's world."

�� "'We need hours a day. It's not hours a week, and it's not hours a month. We need hours a day. You are competing with devices that sit in people's hands that capture their attention every 15 minutes.'"

�� "We've got to make money at the end of the day, right?" [Plepler: "We do that"]. "Yes, you do. Just not enough."

What Plepler says now:

�� "I've said, 'More is not better, only better is better,' because that was the hand we had ... I've switched that now ... to: 'More isn't better, only better is better �� but we need a lot more to be even better.'"

Do not underestimate how hard this will be. One Hollywood executive emails: "Quality does not necessarily increase with quantity." If there are 7 great shows out of 10 on HBO today, he said, it doesn't mean there will be 14 great shows if you make 20.

Moreover ... the more shows you have to produce and market, the less time you have to dedicate to each one ... to wit ...

Sign up for PACIFIC: The new CNNMoney newsletter about the center of change and innovation

---

Cautionary Tales: What's eating Netflix creators

Netflix spends billions on content and marketing, but only the most high-profile shows get big ad budgets, while others seem to disappear into a void.

The Information's Beejoli Shah goes inside Netflix's marketing machine:

�� "When Netflix debuted 'Stranger Things' in 2016, it was so optimistic ... that it poured $50 million into promoting the show, much of it on Facebook. Yet when it came to the reboot last year of classic sitcom 'One Day at a Time,' the marketing team didn't even create a Facebook page until the show's second season."

�� "Netflix plans to boost its marketing spending more than 50% to $2 billion this year. But most of the money is going to promote shows seen as most likely to become hits ... And that is frustrating many television producers who complain their shows are getting ignored amid a glut of shows on the service."

�� "'The most common complaint I hear from fellow Netflix showrunners is that they would make a great show, and no one would know that it was on,' said a creator whose show is currently being produced by Netflix."

---

Netflix in Bollywood

"Netflix Wants The Whole World To Binge Its First Indian TV Series" by BuzzFeed's Pranav Dixit: "'Sacred Games,' Netflix's newest original show and the company's first original series produced in India, debuted in 190 countries [and] has been dubbed into four international languages, including English ... 'We want to make Sacred Games a great, global success like Narcos,' Netflix CEO Reed Hastings told reporters during his first visit to India."

Bonus: If Disney lands Fox, and Fox lands Sky, it will give Disney access to 700 million new viewers in India.

---

Rules of the Game: What Amazon is watching

The Financial Accounting Standards Board is eyeing a rule change that would make companies treat production costs for television the same way they do for movies, potentially opening up a new avenue for profits.

The Details, via WSJ's Michael Rapoport:

�� "If the change is ultimately enacted by the full FASB, TV producers could record profits more quickly than they do now."

�� "In a market where TV producers are in an arms race, spending billions of dollars on original content, any additional lift to their profits could be important."

Sign up for PACIFIC: The new CNNMoney newsletter about the center of change and innovation

---

Sun Valley: Moonves-Redstone on tour

The Les Moonves vs. Shari Redstone saga will be on tour in Sun Valley this week, which could make for an awkward encounter given that Moonves' CBS and Redstone's National Amusements are suing one another:

�� Redstone has been pushing for a CBS-Viacom merger, which Moonves opposes. His lawsuit aims to dilute Redstone's voting shares so she can't force the merger.

�� Redstone's lawsuit accused Moonves and the CBS board of "extraordinary, unjustified and unlawful actions."

�� Resisting Redstone would make CBS available for other potential suitors, including tech giants like Amazon.

Other potentially awkward encounters:

�� Bob Iger and Brian Roberts, obviously. As we've noted before, the two execs have a deep animus toward one another that goes far beyond business rivalries.

---

Off The Dribble: LeBron goes Hollywood

While we were on vacation, LeBron James signed a $154 million four-year contract with the Los Angeles Lakers, hastening his off-court transition to Hollywood star/producer:

�� SpringHill Entertainment, run by James and Maverick Carter and housed on the Warner Bros. lot in Burbank, already has "House Party" and "Space Jam" reboots in the works, as well as a slate of TV projects and documentaries.

�� Adam Mendelsohn, James' media advisor, tells me the two men started SpringHill "to create great television and films and tell the stories they believed in," noting that the company was running strong even before James made the move to L.A.

�� Uninterrupted, LeBron's digital media venture based in Hollywood at Sunset & Gower, is ramping up production of its web series and podcasts with athletes.

Sound Smart: LeBron James is to Hollywood what Kevin Durant is to Silicon Valley: An NBA star capitalizing on the hometown industry.

What Bill Plaschke and the rest of the Southland cares about: "If LeBron James is indeed going to be The King of L.A., sometime in his potentially four seasons here, he must lead the Lakers to at least one championship."

Bonus: Scoop: LeBron is slated to appear on the cover of Vanity Fair's 2018 New Establishment issue coming out this fall, per a source familiar.

---

What Next: Something else that happened while we were on vacation ... Facebook is in talks with Ronaldo to acquire a 13-episode reality series about the Real Madrid star that would air on Facebook Watch. What's in it for Ronaldo: $10 million.

Get this in your inbox every morning: Sign up for PACIFIC: The new CNNMoney newsletter about the center of change and innovation

Monday, June 25, 2018

As market inches towards record highs, these 25 stocks may return up to 54%

The market continues to gradually move northward, amid consolidation, after touching its 2018 lows in March (Nifty fell below the 10,000 mark). It took into its strides all negatives: US-China trade tensions, crude oil volatility, rupee depreciation versus the dollar and rising inflationary concerns.

The key factors that are driving the market higher and propelling it towards its earlier record high of 11,171 (touched on January 29) on the Nifty are hopes of a recovery in earnings and economic growth, and continuous support from domestic institutional investors (despite outflows from foreign institutional investors).

Domestic investors are still hoping for a continuity in economy policies, though there is political risk emerging, which may cap the upside.

Given the challenges on the macro front and increasing political headwinds faced by the Bharatiya Janata Party heading into the 2019 general elections, Prabhudas Lilladher expects traders to remain cautious. In this uncertainty, the research house does not expect valuations to expand. On the contrary, it sees valuations remaining closer to the 10 year average of 17.1 times.

related news Deploy low-cost bull call spread on the Nifty in expiry week Deploy Bull Call Spread ahead of expiry; 3 stocks which could give 15-29% return Nifty to face resistance around 10,860 levels; Buy M&M Financial for the short term

Although 2018 would be a year of consolidation after the extraordinary gains in 2017, market veteran Rakesh Jhunjhunwala said, "I don't think political uncertainty is going to let this market go down beyond a point."

Benchmark indices rallied around 2.5 percent but the midcap index lost more than 11 percent in 2018 so far.

Jhunjhunwala believes that bull markets cannot end at these levels of profit-to-gross domestic product (GDP). "The capital investment cycle has just begun. In 2002-03, investment-to-GDP was about 27 percent and savings were around 28-29 percent. By 2008, both were about 37-38 percent. So, you have a level where percentage of profits-to-GDP is at one of the lowest levels. The effects of the Insolvency and Bankruptcy Code, the Goods and Services Tax, the aim to construct toilets, the Jan Dhan Scheme, opening of bank accounts, digitalisation of the economy is all a process. I think with each passing day, the benefits of these things to the Indian economy will go up."

Prabhudas Lilladher too sees India ending the year with a strong GDP growth of 7.4 percent. "We expect to see a better FY19 performance with the growth estimated around 7.4 percent.��

In FY18, the earnings per share for the Nifty was Rs 450.9, much lower than initial estimates. This reduction was mainly due to increased losses in state-run banks, with a contraction in earnings in the banking, financial service and insurance space. For FY19, the brokerage expects a 17.3 percent growth in earnings, with the BFSI space expected to contribute significantly.

Jhunjhunwala said flow of local inflows into Indian markets is just beginning and is not going to stop. "The flow of the local money first of all will be far better than foreign outflow. At the moment, India��s macros are much better than other emerging markets."

Here is the list of 25 stocks by Prabhudas Lilladher, which could offer up to 54 percent return:

 

Image124062018

 

Image224062018

Disclaimer: The views and investment tips expressed by the brokerage firm on moneycontrol.com are its own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. First Published on Jun 25, 2018 08:29 am

Friday, June 1, 2018

Top 5 Growth Stocks To Invest In Right Now

tags:MED,TBI,JWN,BWLD,ISRG, What happened

Shares of defense giant Lockheed Martin (NYSE:LMT) tumbled in Tuesday trading, falling 5.5% as of 3:30 p.m. EDT, after the world's largest pure-play defense company reported strong earnings that beat expectations -- but a big shortfall in cash.

Earnings for the company's fiscal first quarter of 2018 surged 49% year over year to $4.02 per share, far more than the $3.40 that analysts had been expecting, and sales of $11.6 billion likewise exceeded expectations.

Lockheed Martin beat earnings, but investors hit the eject button anyway. Image source: Getty Images.

So what

That being said, the growth in sales wasn't nearly as great as the growth in profits -- up a bare 4%. Nor was the size of Lockheed's "sales beat" as big as its "earnings beat," exceeding expectations by only a small fraction of 1%.

That alone might have been enough to dampen investors' enthusiasm -- but there were other troubling notes as well.

Top 5 Growth Stocks To Invest In Right Now: MEDIFAST INC(MED)

Advisors' Opinion:
  • [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings. Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744. Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results. California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings. Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results. Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance. Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46. Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results. Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter. Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36. Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result
  • [By Lisa Levin]

    Medifast, Inc. (NYSE: MED) shares were also up, gaining 20 percent to $119 after the company reported strong Q1 results and raised its FY18 guidance.

  • [By Lisa Levin]

    Medifast, Inc. (NYSE: MED) shares were also up, gaining 22 percent to $121.06 after the company reported strong Q1 results and raised its FY18 guidance.

  • [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares rose 35.8 percent to $3.00. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares surged 32 percent to $8.94 after reporting upbeat Q1 earnings. Carbon Black, Inc. (NASDAQ: CBLK) gained 29.6 percent to $24.62. Carbon Black priced its IPO at $19 per share. California Resources Corporation (NYSE: CRC) shares rose 26.8 percent to $32.70 following upbeat Q1 earnings. Pandora Media, Inc. (NYSE: P) gained 25 percent to $7.185 after reporting strong quarterly results. Medifast, Inc. (NYSE: MED) shares climbed 23.7 percent to $122.87 after the company reported strong Q1 results and raised its FY18 guidance. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.2 percent to $8.4999 after reporting Q2 results. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) gained 22.2 percent to $41.27 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Shake Shack Inc (NYSE: SHAK) rose 22.2 percent to $57.955 after the company reported upbeat results for its first quarter and raised its FY18 guidance. Atomera Incorporated (NASDAQ: ATOM) jumped 19.7 percent to $6.12 after reporting Q1 results. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 16.4 percent to $21.00 after reporting strong preliminary results for the third quarter. Titan International, Inc. (NYSE: TWI) shares rose 16.4 percent to $12.21 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares gained 14.9 percent to $63.75 following Q1 results. Control4 Corporation (NASDAQ: CTRL) shares climbed 14.5 percent to $23.98 folloiwng strong Q1 results. B&G Foods, Inc. (NYSE: BGS) climbed 12.6 percent to $25.40 after reporting Q1 earnings. HMS Holdings Corp (NASDAQ: HMSY) shares gained 10 percent to $19.59 after reporting upbeat quarterly earnings. Viavi Solutions Inc. (NASDAQ: VIAV) rose 7 percent to $10.09 following Q3 r
  • [By Max Byerly]

    McCormick & Company, Incorporated (NYSE: MKC) and Medifast (NYSE:MED) are both consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, profitability, analyst recommendations, institutional ownership, risk and dividends.

  • [By Joseph Griffin]

    MediBloc (CURRENCY:MED) traded 6.8% lower against the dollar during the 1-day period ending at 15:00 PM Eastern on May 27th. MediBloc has a total market cap of $73.40 million and $743,880.00 worth of MediBloc was traded on exchanges in the last 24 hours. One MediBloc token can currently be purchased for approximately $0.0247 or 0.00000339 BTC on major cryptocurrency exchanges including Bibox, Gate.io and Coinrail. During the last seven days, MediBloc has traded 8.3% higher against the dollar.

Top 5 Growth Stocks To Invest In Right Now: TrueBlue Inc.(TBI)

Advisors' Opinion:
  • [By Logan Wallace]

    Trueblue (NYSE: TBI) is one of 23 public companies in the “Help supply services” industry, but how does it contrast to its rivals? We will compare Trueblue to similar businesses based on the strength of its analyst recommendations, institutional ownership, valuation, profitability, dividends, earnings and risk.

  • [By Stephan Byrd]

    American Century Companies Inc. grew its holdings in shares of Trueblue Inc (NYSE:TBI) by 24.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 95,307 shares of the business services provider’s stock after purchasing an additional 18,680 shares during the period. American Century Companies Inc. owned approximately 0.23% of Trueblue worth $2,468,000 as of its most recent SEC filing.

Top 5 Growth Stocks To Invest In Right Now: Nordstrom Inc.(JWN)

Advisors' Opinion:
  • [By Adam Levine-Weinberg]

    Nordstrom (NYSE:JWN) returned to earnings growth last quarter, as the reduced corporate tax rate helped the upscale retailer post a double-digit increase in earnings per share. Investors still dumped Nordstrom stock in after-hours trading on Thursday, punishing the company for weak comparable-store sales growth.

  • [By Lisa Levin]

    Breaking news

    Deere & Company (NYSE: DE) reported weaker-than-expected results for its second quarter. Applied Materials, Inc. (NASDAQ: AMAT) reported stronger-than-expected results for its second quarter, but issued weak sales outlook for the third quarter. Nordstrom, Inc. (NYSE: JWN) reported upbeat results for its first quarter. Comparable-store sales rose 0.6 percent. Boot Barn Holdings Inc (NYSE: BOOT) disclosed a 7.2 million common stock offering.

  • [By JJ Kinahan]

    DE was the second company to disappoint the Street since yesterday’s closing bell. Retailer Nordstrom, Inc. (NYSE: JWN) beat Wall Street analysts’ earnings per share estimates and raised guidance, but missed on same-store sales. That key metric barely rose (up 0.2 percent), and shares of JWN tumbled more than 6 percent in pre-market futures trading. The same-store weakness for JWN came after a bunch of other retailers reported growth in that area.

  • [By Garrett Baldwin]

    Crude oil prices continue to remain in focus after Brent crude hit $80.00 per barrel. The benchmark crude touched $80.00, as markets are concerned about the impact renewed Iranian sanctions will have on global supply. French oil giant Total announced Wednesday that it was abandoning a gas project in Iran after failing to obtain a waiver from the Trump administration to do business in Iran. The sanctions are expected to decline global output at a time that OPEC is already working diligently to push oil prices higher by containing excessive global production. Four Stocks to Watch Today: JCP, BABA, F, KR Shares of JCPenney (NYSE: JCP) are ticking higher after its earnings report before the bell. Yesterday, retail companies were stunned by the 11% jump for its rival Macy's Inc. (NYSE: M) stock thanks to a strong first-quarter report. Alibaba Group Holding Ltd.�(NYSE: BABA) is generating a lot of buzz as investors monitor trade relations between the United States and China. BABA stock had slumped by 18% thanks to trade restrictions on Chinese companies. Ford Motor Co.�(NYSE: F) announced it will restart production of its popular F-150 pickup truck at its Dearborn, Mich., facility. The company recently suspended operations after a fire damaged supplies needed for manufacturing. The F-150 is the most popular consumer vehicle in the United States. In an effort to beat back the growth of Wal-Mart and Amazon, grocery giant Kroger Co.�(NYSE: KR) announced a deal to purchase a 5% stake in British online supermarket Ocado. The deal will allow Kroger to utilize the UK firm's warehouse automation technology in the United States and improve its supply chain costs. Look for additional earnings reports from Applied Materials Inc.�(Nasdaq: AMAT), Nordstrom Inc. (NYSE: JWN), The Children's Place Inc.�(Nasdaq: PLCE), Teekay Corp.�(NYSE: TK), and Quantum Corp.�(NYSE: QTM).

    Follow�Money Morning��on��Facebook,�Twitter, and�LinkedIn.

  • [By ]

    Retail earnings continue on Thursday with Walmart (WMT) , Nordstrom (JWN) and JC Penney (JCP) all reporting. Cramer was looking for good things from Walmart and Nordstrom, but said Penney just doesn't have anything to set itself apart from the pack. Also on Thursday, Applied Materials (AMAT) , which should be able to mount a rally with the semiconductor stocks being hot recently.

Top 5 Growth Stocks To Invest In Right Now: Buffalo Wild Wings Inc.(BWLD)

Advisors' Opinion:
  • [By Steve Symington]

    That's not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.

  • [By Peter Graham]

    A long term performance chart shows Dave & Busters Entertainment�tripling in value�before falling back while�small cap upscale gentlemen's clubs and restaurant owner�RCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small cap�Buffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arby��s Restaurant Group:

Top 5 Growth Stocks To Invest In Right Now: Intuitive Surgical Inc.(ISRG)

Advisors' Opinion:
  • [By Motley Fool Staff]

    Stock No. 3: Let's go back to the well. So, April last year what was the "I?" Quick quiz at home? That's right. It was Intuitive Surgical�(NASDAQ:ISRG). I own the company, and in front of my gathered fellow Heels last week, I put Intuitive Surgical on this list, as well, so I present it for you again today. It reminds us to continue to add to our winners. It was a winner a year ago. It had a three for one stock split, something that I don't personally care about. I don't think we should spend a lot of time talking about stock splits. I realize some people think they're exciting or are confused by them.

  • [By Motley Fool Staff]

    In the healthcare world, one of those has to be the impressive quarterly report from Intuitive Surgical�(NASDAQ:ISRG). The company increased its revenue by 25%, and accelerated its sales of the da Vinci robotic surgical systems that made it famous. But it's not just the expensive hardware that is allowing it to prosper -- it's that every machine needs a steady supply of the disposable instruments and accessories used during its procedures. The Fools consider the recent numbers, the outlook, and the investment thesis for Intuitive Surgical stock. But in the, say, anti-healthcare space, cigarette slinger�Philip Morris International�(NYSE:PM) took a big hit as demand slackened in major foreign markets. Sales of its e-cig devices are also not growing the way management had hoped.

  • [By Sean Williams]

    The VISE acronym stands for:

    Visa (NYSE:V) Intuitive Surgical (NASDAQ:ISRG) Sirius XM Holdings (NASDAQ:SIRI) Electronic Arts (NASDAQ:EA)

    Each of these four companies brings clear-cut competitive advantages to the table that should allow it to handily outperform the broader market (and the FANG stocks).

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Intuitive Surgical, Inc. (NASDAQ: ISRG) which rose about 8% to $469.73. The stock��s 52-week range is $263.66 to $473.79. Volume was 3.2 million compared to the daily average volume of less than 1 million.

Tuesday, May 29, 2018

Today In Cryptocurrency: EOS ICO Raises $4 Billion, Wikipedia Founder Calls Cryptos 'Absolutely

After a brutal couple of weeks, the cryptocurrency market bounced back a bit on Tuesday, with most major cryptocurrencies trading higher by more than 3 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move.

Headlines

According to the Wall Street Journal, the ICO for blockchain project EOS has now raised nearly $4 billion. Surprisingly, EOS creator Block.one has revealed very little about what the company plans to do with all the funds it has raised and has even said it will not be developing or maintaining EOS software.

Allianz chief economic advisor Mohamed El-Erian said global governments may eventually issue their own cryptocurrencies as society continues its transition away from traditional cash. El-Erian said the transition from government currency to government cryptocurrency will likely not happen within the next three to five years because it will take people a long time to trust digital currencies enough to use them.

At the Blockshow conference in Berlin, Wikipedia founder Jimmy Wales said the cryptocurrency market is “absolutely, definitely in a bubble.” Wales also said the cryptocurrency industry needs some “real journalism.” Last year, Wales warned ICO investors that many offerings are “absolute scams.”

Price Action

The Bitcoin Investment Trust GBTC (OTC: GBTC) traded at $11.92, down 1.8 percent.

Here’s how several top crypto investments fared Tuesday. Prices are as of 3:45 p.m. ET and reflect the previous 24 hours.

Bitcoin gained 3.2 percent to $7,481; Ethereum gained 7.0 percent to $566; Ripple gained 5.6 percent to 60 cents; Bitcoin Cash gained 6.3 percent to $984; EOS gained 0.8 percent to $12.31.

The three cryptocurrencies with at least $1-million market caps that have made the biggest gains over the past 24 hours are:

Version: $1.3-million market cap, 81.3-percent gain. Anoncoin: $4.7-million market cap, 46.8-percent gain. Universe: $1.4-million market cap, 40.0-percent gain.

The three cryptocurrencies hit hardest in the past 24 hours were:

BunnyCoin: $1.1-million market cap, 72.3-percent decline. Obsidian: $1.1-million market cap, 20.5-percent decline. Photon: $2.7-million market cap, 19.6-percent decline.

Related Links:

Today In Cryptocurrency: UK Regulators Confirm Investigation of 24 Crypto Businesses; Crypto Publicity Stunt Turns Deadly

Riot Blockchain's 10-Q Sheds Light On Crypto Mining Operation

Monday, May 28, 2018

Top 5 China Stocks For 2019

tags:ALB,CAJ,NKTR,WGO,WYNN,

Change is scary, but it is good. For First Solar (NASDAQ:FSLR), the company knows it must change and adapt its business to the increasing competition coming from China. If it does not develop new products, low panel prices and excess supply will leave First Solar unable to compete. The fourth-quarter results give investors reasons for optimism: R&D spend, operating expenditures, project successes, and steady management are a list of just a few reasons the company's turnaround is underway.

1/ Strong balance sheet

First Solar lost a massive $3.48 per share (GAAP accounting) but earned $1.24 per share (non-GAAP). The difference is due to the $729 million restructuring charge. The company ended the year with $2 billion, down from $2.1B Q/Q. First Solar used its funds to repay its revolving credit facility. With cash making up one-half of its market capitalization (~$20/share), shareholders have plenty of cushion.

Top 5 China Stocks For 2019: Albemarle Corporation(ALB)

Advisors' Opinion:
  • [By Logan Wallace]

    Albemarle (NYSE:ALB) last issued its quarterly earnings data on Wednesday, May 9th. The specialty chemicals company reported $1.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.20 by $0.10. Albemarle had a net margin of 4.27% and a return on equity of 13.80%. The firm had revenue of $821.60 million for the quarter, compared to analysts’ expectations of $798.20 million. During the same quarter in the prior year, the business earned $1.05 EPS. The business’s quarterly revenue was up 13.8% on a year-over-year basis. analysts expect that Albemarle Co. will post 5.26 EPS for the current year.

  • [By Lisa Levin]

     

    Companies Reporting After The Bell Booking Holdings Inc. (NASDAQ: BKNG) is projected to post quarterly earnings at $10.67 per share on revenue of $2.87 billion. CenturyLink, Inc. (NYSE: CTL) is expected to post quarterly earnings at $0.19 per share on revenue of $6.00 billion. Albemarle Corporation (NYSE: ALB) is projected to post quarterly earnings at $1.21 per share on revenue of $803.36 million. Spectra Energy Partners, LP (NYSE: SEP) is estimated to post quarterly earnings at $0.81 per share on revenue of $751.57 million. IAC/InterActiveCorp (NASDAQ: IAC) is expected to post quarterly earnings at $0.8 per share on revenue of $923.80 million. Open Text Corporation (NASDAQ: OTEX) is projected to post quarterly earnings at $0.62 per share on revenue of $691.75 million. Tutor Perini Corporation (NYSE: TPC) is expected to post quarterly earnings at $0.29 per share on revenue of $1.09 billion. Twenty-First Century Fox, Inc. (NASDAQ: FOXA) is projected to post quarterly earnings at $0.54 per share on revenue of $7.41 billion. ICU Medical, Inc. (NASDAQ: ICUI) is estimated to post quarterly earnings at $1.84 per share on revenue of $346.28 million. TechnipFMC plc (NYSE: FTI) is expected to post quarterly earnings at $0.33 per share on revenue of $3.13 billion. Synaptics Incorporated (NASDAQ: SYNA) is projected to post quarterly earnings at $0.91 per share on revenue of $401.76 million. The Dun & Bradstreet Corporation (NYSE: DNB) is expected to post quarterly earnings at $1.07 per share on revenue of $386.91 million. Matrix Service Company (NASDAQ: MTRX) is estimated to post quarterly earnings at $0.07 per share on revenue of $285.16 million. Maiden Holdings, Ltd. (NASDAQ: MHLD) is projected to post quarterly earnings at $0.21 per share on revenue of $739.31 million. tronc, Inc. (NASDAQ: TRNC) is expected to post quarterly earnings at $0.65 per share on revenue of $428.25 million. Copa Holdings,
  • [By ]

    2. Albemarle (NYSE: ALB)
    This specialty chemical company, best known as a lithium producer, has seen its shares fall over 23% this year. This has been despite Albemarle consistently beating analyst estimates and posting solid results.

  • [By Jim Robertson]

    It should be noted that FMC Corp together with Albemarle Corporation (NYSE: ALB) and Chile��s Sociedad Quimica y Minera de Chile (NYSE: SQM) form�a so-called ��lithium oligopoly�� that tends to dominate global production. A recent Bloomberg article noted that Albemarle Chief Executive Officer Luke Kissam had said in March that he��s also eager to see how the value settles for the FMC lithium spinoff. If�the�price-to-earnings ratio is high enough,�then they would look to create a pure-play lithium business by�selling off non-lithium units. If FMC Corp and Albemarle Corporation do end up�completing�these spin-offs, that�will be good news for the valuations of all lithium players as the market will put clear valuation numbers on�these larger pure play lithium businesses which will help provide valuation benchmarks for other small cap lithium players.

  • [By ]

    Cramer was bearish on Newtek Business Services (NEWT) and Albemarle (ALB) .

    Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

Top 5 China Stocks For 2019: Canon, Inc.(CAJ)

Advisors' Opinion:
  • [By Logan Wallace]

    Ricoh (OTCMKTS: RICOY) and Canon (NYSE:CAJ) are both computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, analyst recommendations, profitability, institutional ownership, dividends and valuation.

Top 5 China Stocks For 2019: Nektar Therapeutics(NKTR)

Advisors' Opinion:
  • [By Ethan Ryder]

    Nektar Therapeutics (NASDAQ:NKTR) was down 0% during mid-day trading on Thursday . The stock traded as low as $76.25 and last traded at $79.23. Approximately 5,387,528 shares traded hands during mid-day trading, an increase of 84% from the average daily volume of 2,935,124 shares. The stock had previously closed at $79.23.

  • [By Dan Caplinger]

    Friday was a relatively quiet day on Wall Street, with a split among the most widely followed market benchmarks that sent some up and others down. Slight downticks in oil prices and bond yields marked minor reversals from upward trends earlier in the week, but investors are still watching both energy and bonds closely to see what long-term impact they might have on the stock market. Most attention centered on individual companies, some of which reported good news that sent their shares higher. Dell Technologies (NYSE:DVMT), Nektar Therapeutics (NASDAQ:NKTR), and Westport Fuel Systems (NASDAQ:WPRT) were among the best performers on the day. Here's why they did so well.

  • [By Brian Orelli]

    Nektar Therapeutics�(NASDAQ:NKTR) released updated data from a phase 1/2 trial testing its cancer drug NKTR-214 in combination with Bristol-Myers Squibb's�Opdivo. Investors were disappointed that the ORRs for patients with melanoma, kidney cancer, and NSCLC were headed in the wrong direction.

  • [By Maxx Chatsko]

    Shares of biopharma Nektar Therapeutics (NASDAQ:NKTR) dropped over 11% today after the company released an abstract to be presented at the American Society of Clinical Oncology annual meeting next month that contained a disappointing update for an ongoing clinical trial.

  • [By Cory Renauer]

    Even though it's been a rough few years for many of the industry's larger players, some smaller upstarts have produced stunning gains lately. Shares of�Nektar Therapeutics (NASDAQ:NKTR), BeiGene Ltd. (NASDAQ:BGNE), and AveXis Inc. (NASDAQ:AVXS) have risen at least 500% in less than three years.�

  • [By Stephan Byrd]

    TRADEMARK VIOLATION NOTICE: “Nektar Therapeutics (NKTR) Trading Down 7%” was originally reported by Ticker Report and is the property of of Ticker Report. If you are reading this piece of content on another site, it was stolen and republished in violation of US & international trademark and copyright law. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3362849/nektar-therapeutics-nktr-trading-down-7.html.

Top 5 China Stocks For 2019: Winnebago Industries Inc.(WGO)

Advisors' Opinion:
  • [By ]

    Cramer was bearish on Grubhub (GRUB) , Sprint (S) , LG Homes (LGIH) , Acadia Pharmaceuticals (ACAD) , Pilgrim's Pride (PPC) , Opko Health (OPK) , Alaska Air Group (ALK) and Winnebago Industries (WGO) .

  • [By Stephan Byrd]

    WavesGo (CURRENCY:WGO) traded down 23.9% against the U.S. dollar during the one day period ending at 9:00 AM E.T. on April 21st. WavesGo has a total market capitalization of $305,137.00 and $39.00 worth of WavesGo was traded on exchanges in the last 24 hours. One WavesGo token can currently be purchased for about $0.0328 or 0.00000376 BTC on major cryptocurrency exchanges including Waves Decentralized Exchange and Tidex. During the last seven days, WavesGo has traded down 12.5% against the U.S. dollar.

  • [By ]

    Winnebago Industries (WGO) : "This group trades badly. All we hear about is an inventory glut. We need someone to tell us otherwise."

    Cramer and the AAP team say today's weakness is the opportunity they have been patiently waiting for. Their target? Nordstrom (JWN) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Top 5 China Stocks For 2019: Wynn Resorts, Limited(WYNN)

Advisors' Opinion:
  • [By Travis Hoium]

    Wynn Resorts Ltd. (NASDAQ:WYNN) has typically had one of the more eventful conference calls each earnings season, but often, that was because of things like Steve Wynn's comments on the state of politics, or his dog barking in the background.�

  • [By Garrett Baldwin]

    Markets are keeping a close eye on the 10-year bond, which is hovering near 3% – an important psychological level that is likely to influence future price movements. On Monday, Fox Business Network's "Varney & Co." asked Money Morning Chief Investment Strategist Keith Fitz-Gerald if investors should be worried. Here's what Keith had to say about the 10-year Treasury yield… and how it will affect your stocks and bonds in the future. The price of Brent crude oil topped $75.00 and hit its highest level since November 2014. Oil traders were eyeing the ongoing efforts of OPEC and Russia to reduce excessive production around the globe, rising demand ahead of peak driving season, and the possibility that the Trump administration will slap Iran with a new round of sanctions. Three Stocks to Watch Today: KO, GOOGL, SLM Shares of The Coca-Cola Co.�(NYSE: KO) added 1.2% after the firm easily beat earnings and revenue expectations. The firm cited strong demand for its new flavors of Diet Coke and its Coke Zero Sugar. Demand was so strong for the quarter that the firm reported organic sales growth of 5%. The company reported earnings per share of $0.47, topping estimates by a penny. Revenue of $7.6 billion easily beat Wall Street estimates. Shares of Alphabet Inc. (Nasdaq: GOOGL) seesawed in pre-market hours. The online search giant topped Wall Street earnings and revenue expectations after the bell Monday. However, shares were off 0.5% after executives announced that its business costs were on the rise. The firm's real estate and computer purchases tripled in one year, to $7.3 billion. About one-third of that total came from its $2.4 billion purchase of the Chelsea Market building in New York City. Good news for SLM Corp.�(NYSE: SLM) investors, but bad news for indebted college students and graduates. The firm – also known as Sallie Mae – topped Wall Street earnings expectations on Monday. The firm said that it increased its loan o
  • [By WWW.GURUFOCUS.COM]

    For the details of Park Avenue Institutional Advisers LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Park+Avenue+Institutional+Advisers+LLC

    These are the top 5 holdings of Park Avenue Institutional Advisers LLCAMC Entertainment Holdings Inc (AMC) - 60,000 shares, 25.7% of the total portfolio. A V Homes Inc (AVHI) - 35,000 shares, 19.79% of the total portfolio. Wynn Resorts Ltd (WYNN) - 3,000 shares, 16.68% of the total portfolio. Shares reduced by 28.57%Advanced Energy Industries Inc (AEIS) - 8,230 shares, 16.04% of the total portfolio. New PositionAMC Networks Inc (AMCX) - 9,000 shares, 14.18% of the t
  • [By Travis Hoium]

    Wynn Resorts (NASDAQ:WYNN) may have finally found a way out of the biggest regulatory headache left behind by Steve Wynn. The Wall Street Journal is reporting that MGM Resorts (NYSE:MGM) is in early discussions about buying the Wynn Boston Harbor development just outside of Boston, Massachusetts.�

Thursday, May 24, 2018

Rainey & Randall Investment Management Inc. Purchases Shares of 4,468 Facebook, Inc. (FB)

Rainey & Randall Investment Management Inc. purchased a new stake in Facebook, Inc. (NASDAQ:FB) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 4,468 shares of the social networking company’s stock, valued at approximately $788,000. Facebook makes up 0.7% of Rainey & Randall Investment Management Inc.’s holdings, making the stock its 23rd biggest holding.

Several other institutional investors also recently added to or reduced their stakes in FB. Santori & Peters Inc. acquired a new position in Facebook during the fourth quarter worth $116,000. Navellier & Associates Inc boosted its holdings in Facebook by 16.6% during the fourth quarter. Navellier & Associates Inc now owns 2,805 shares of the social networking company’s stock worth $495,000 after purchasing an additional 400 shares during the last quarter. Johnson Financial Group Inc. boosted its holdings in Facebook by 13.0% during the fourth quarter. Johnson Financial Group Inc. now owns 19,824 shares of the social networking company’s stock worth $3,498,000 after purchasing an additional 2,284 shares during the last quarter. Allen Capital Group LLC acquired a new position in Facebook during the fourth quarter worth $257,000. Finally, Mutual Advisors LLC acquired a new position in Facebook during the fourth quarter worth $1,755,000. Institutional investors own 59.34% of the company’s stock.

Get Facebook alerts:

In related news, CEO Mark Zuckerberg sold 677,000 shares of the firm’s stock in a transaction dated Wednesday, May 23rd. The shares were sold at an average price of $184.43, for a total transaction of $124,859,110.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jan Koum sold 10,695 shares of the firm’s stock in a transaction dated Monday, May 14th. The stock was sold at an average price of $187.01, for a total transaction of $2,000,071.95. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,119,208 shares of company stock worth $2,142,892,497. 17.23% of the stock is owned by insiders.

A number of brokerages have commented on FB. Morningstar set a $198.00 price target on shares of Facebook and gave the company a “neutral” rating in a research note on Thursday, May 3rd. Goldman Sachs Group set a $225.00 price target on shares of Facebook and gave the company a “buy” rating in a research note on Wednesday, May 2nd. ValuEngine upgraded shares of Facebook from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. Tigress Financial reiterated a “buy” rating on shares of Facebook in a research note on Monday, April 30th. Finally, Argus increased their price target on shares of Facebook from $214.00 to $237.00 and gave the company a “buy” rating in a research note on Friday, April 27th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, forty have issued a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $217.37.

Shares of Facebook opened at $186.90 on Thursday, according to MarketBeat.com. The stock has a market capitalization of $533.94 billion, a PE ratio of 30.34, a P/E/G ratio of 0.99 and a beta of 0.78. Facebook, Inc. has a fifty-two week low of $144.56 and a fifty-two week high of $195.32.

Facebook (NASDAQ:FB) last released its quarterly earnings results on Wednesday, April 25th. The social networking company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.44. Facebook had a net margin of 40.03% and a return on equity of 27.74%. The business had revenue of $11.97 billion for the quarter, compared to analyst estimates of $11.41 billion. During the same period last year, the firm earned $1.04 earnings per share. Facebook’s revenue for the quarter was up 49.0% compared to the same quarter last year. sell-side analysts predict that Facebook, Inc. will post 7.64 EPS for the current fiscal year.

About Facebook

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

Want to see what other hedge funds are holding FB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Facebook, Inc. (NASDAQ:FB).

Institutional Ownership by Quarter for Facebook (NASDAQ:FB)