Since the announcement of its 1Q16 results on May 11, 2016, the share price of Jack in the Box (JACK) has risen by over 30%.
Hewlett-Packard (HPQ) announced the sale of its remaining “marketing optimization assets” to the Canada-based (EWC) OpenText Corporation (OTEX).
Initially, 2016 looked to be a tough year for US truckload carriers. But when promising data on manufacturing came in, companies’ stocks swung into action.
Becton Dickinson has returned ~20% over the last one year. It outperformed the S&P 500 Index, which returned around -1.2% during the same period.
Coca-Cola’s Venturing & Emerging Brands unit has acquired a minority stake in the certified organic, non-GMO, and gluten-free drink Aloe Gloe.
In this series, we’ll take a look at Cheniere Energy’s (LNG) balance sheet position and cash flow measures. We’ll also look at its valuations, key performance indicators, and more.
So far, Calumet Specialty Products Partners (CLMT) has fallen 75% in 2016. It has underperformed its peers in 2016.
Mylan (MYL) recently completed its acquisition of Renaissance Acquisition Holdings’ “topicals-focused” business, including both generic and specialty products, on June 15.
FirstEnergy (FE), like many other unregulated utilities, has been struggling with its competitive energy business segment for the last few quarters.
The US steel industry has been plagued by cheap imports from foreign countries for quite some time. The decline in steel prices wasn’t exactly without reason.
July natural gas futures contracts rose 0.8% and settled at $2.698 per MMBtu (million British thermal units) yesterday.
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) outperformed other energy ETFs from June 16–23, 2016. The rise in ETFs started after the rise in oil prices on June 16.
New home sales increased to an annualized pace of 551,000—up 8.7% from the same month last year. They were also down about 6% sequentially from April.
In 1Q16, Denbury Resources reported adjusted revenue of ~$266 million, ~3% lower than Wall Street analysts’ consensus of ~$273 million.
At the end of May, there were 2.15 million existing homes for sale. This represents a 4.7-month supply. A level of six to 6.5 months means a balanced market.
General Mills (GIS) is slated to report its fiscal 4Q16 and full-year 2016 results on June 29. The stock has risen 9% since the company reported its fiscal 3Q16 results on March 23.
On June 23, the Cincinnati-based Kroger (KR) announced a dividend of 12 cents per share, raising its quarterly dividend payments by 14%.
ConAgra Foods (CAG) will report its fiscal 4Q16 and fiscal 2016 earnings before markets open on June 30, 2016. It has recent divestiture and expansion news.
On June 23, 2016, the S&P 500 slightly outperformed the S&P Consumer Staples Index and the S&P Consumer Discretionary Index. The indexes had respective returns of 1.3%, 0.66%, and 0.95%.
Gold kept swinging between gains and losses on June 23, due to cautiousness in the Market regarding the United Kingdom’s vote on exiting the EU.