Caterpillar (CAT) plans to announce its fiscal 2016 and 4Q16 earning results on January 26, 2017. In this series, we’ll look at analyst expectations for CAT’s 4Q16 earnings and the factors that led analysts to arrive at those expectations.
Wall Street expects Sprint’s 3Q16 earnings to have risen, with analysts projecting adjusted EPS of -$0.08, as compared to EPS -$0.21 in fiscal 3Q15.
On January 17, 2017, the S&P Consumer Staples Index had slightly outperformed the S&P Consumer Discretionary Index and the S&P 500 Index as a whole. The indexes had respective returns of 1.4%, 0.22%, and -0.30%.
Silicon Valley startups with promising technologies have been pulling in money from surprising new sources.
The 4Q16 earnings season is quickly approaching. In this series, we’ll look at earnings estimates for Nucor, AK Steel, and Steel Dynamics.
In this series, we’ll assess Boeing’s (BA) key indicators for 4Q16. We’ll look at analyst estimates for BA’s 4Q16 performance and assess whether the indicators justify the estimated earnings results.
Apparel stocks rallied on January 17, 2017, following President-elect Donald Trump’s comments on border adjustment taxes and the strong US dollar.
On January 17, 2017, Tidewater (TDW) had the highest implied volatility among the OFS (oilfield equipment and services) companies that are part of the VanEck Vectors Oil Services ETF (OIH).
ExxonMobil (XOM) has penned a huge deal with the Bass family to acquire its companies, which include vast oil resources in the Permian Basin.
US-based (SPY) Juniper Networks (JNPR) is expected to announce its 4Q16 results on January 26, 2017. Analysts estimate that it will post revenues of $1.36 billion.
In 4Q16, analysts expect Flotek Industries (FTK) to post an adjusted loss per share of ~$0.04.
US crude oil futures contracts for February delivery closed at $52.48 per barrel on January 17, 2017—0.2% more than the previous closing price.
In the two weeks since January 3, 2017, Cabot Oil & Gas (COG) has returned -2.8%, similar to the energy sector.
On January 17, 2017, the US Dollar Index fell 0.9% to 100.3—the lowest level in a month. The US dollar (UUP) hit a 14-year high on January 3, 2017.
On January 16, 2017, Noble Energy (NBL) announced an agreement to acquire all of the outstanding common stock of Clayton Williams Energy (CWEI) for $2.7 billion in stock and cash.
Gold traded at $1,202 per ounce on Monday, January 16, 2017. Gold futures for February expiration were almost 0.50% higher than the previous day’s close.
On January 13, 2017, WTI (West Texas Intermediate) crude oil (USO) (OIIL) February contracts closed at $52.37 per barrel, ~1.2% lower than their previous closing price.
Wells Fargo (WFC), the biggest mortgage lender in the United States, reported weaker-than-expected fourth quarter earnings on January 13.
Bank of America (BAC) declared better-than-expected 4Q16 earnings on January 13, 2017. The company reported adjusted earnings per share of $0.40, higher than analysts’ estimates of $0.38.
BlackRock beat Wall Street analysts’ adjusted EPS (earnings per share) estimates of $5.02 in 4Q16, posting EPS of $5.14.