On September 28, 2016, BlackBerry (BBRY) announced its fiscal 2Q17 results and reported non-GAAP revenue of $352 million and GAAP revenue of $334 million. In its earnings call, BlackBerry stated that the company had more than 3,000 enterprise customer wins in the quarter.
Revenues from Gilead Sciences’ HCV franchise are set to decline, primarily due to fewer new starts.
On September 28, 2016, Morgan Stanley (MS) released a list of technology (XLK) stocks that it expects could provide good returns in the months ahead.
The December 2015 rate hike was the first since the 2008 global meltdown. Now the Fed is hinting at the first rate hike of the year to come in December 2016.
With 27% of the market share, Novo Nordisk (NVO) currently occupies the number one position in the global diabetes care market.
On September 29, 2016, the S&P Consumer Discretionary slightly outperformed the S&P 500 and the S&P Consumer Staples.
This series will compare the performances of EQT (EQT), Cabot Oil and Gas (COG), Noble Energy (NBL), and Antero Resources (AR). Antero Resources (AR) performed better than its peers from September 2015 to September 2016, followed by Noble Energy (NBL).
Medtronic (MDT) was trading at $85.4 on September 29, with a 50-day moving average of $86.7 and a 200-day moving average of $83.2.
To counter McDonald’s (MCD) all-day breakfast promotion, Jack in the Box (JACK) launched its new all-day “brunchfast” menu on September 28, 2016.
Baxter’s stock price has risen ~1.8% since the release of its 2Q16 results on July 26, 2016.
Charter Communications (CHTR) is going full speed ahead in a bid to enhance its wireless business.
In this series, we’ll look at the key aspects that have set JA Solar apart from its competitors. We’ll take a detailed look at its business model and key products and services.
Contract drilling service provider Diamond Offshore (DO) is being replaced by Beauty products manufacturer Coty in the S&P 500 index on September 30, 2016.
Edwards Lifesciences (EW) was trading at $119.3 on September 29, with a 50-day moving average of $116.4 and a 200-day moving average of $105.8.
Mallinckrodt (MNK) is a specialty pharma company that plans to grow organically by mid-single digits in the long term.
On September 28, 2016, the Association of American Railroads released the weekly freight rail volume data for the week ended September 24.
Green bonds sound like an evolving solution to benefit from the climate change effect. Green bonds are an option to use debt capital markets to fund climate-related projects.
The rising costs of prescription drugs attracted attention to generic drugs. It helped reduce medicine costs. Generic drugs are equivalent to branded drugs.
MPLX (MPLX) is currently trading 2% below its 50-day moving average and 5% above its 200-day moving average.
As of September 29, 2016, Calumet Specialty Products Partners (CLMT) had the highest implied volatility among integrated energy companies and refiners.