Share prices of specialty athletic retailers Foot Locker, Dick’s, and Finish Line fell on June 21 after an announcement that Nike might sell products directly on Amazon.
After 11 long months of uncertainty and many negotiations, Verizon (VZ) has completed its $4.5 billion acquisition of Yahoo’s core Internet assets. Let’s look at what’s in store for the US telecom space.
In September 2016, PotashCorp (POT) and Agrium (AGU) announced a merger in which the combined company would consolidate under a new name.
US utilities including giants like Duke Energy (DUK) and Southern Company (SO) have done fairly well in the last few months compared to broader markets.
Monsanto (MON) is set to announce its 3Q17 earnings on June 28, 2017, before the market opens. The consensus estimate for Monsanto’s EPS is $1.77.
On June 20, 2017, parcel delivery and logistics giant FedEx (FDX) announced its fiscal 4Q17 results. The company reported adjusted EPS (earnings per share) of $4.25.
Pay-TV providers AT&T and DISH have jumped on the online television bandwagon to respond to cord-cutting, but Comcast has resisted.
On June 29, 2017, Micron is set to release its fiscal 3Q17 earnings. In this series, we’ll see what to expect from its upcoming earnings.
On June 21, 2017, natural gas (UGAZ) (UNG) July futures settled at $2.89 per MMBtu—the lowest closing price since March 8, 2017.
Facebook is believed to be exploring monetization options beyond advertising for WhatsApp, one of its popular digital assets. WhatsApp boasts more than 1.2 billion monthly users.
The grocery business already has stiff competition and offers very narrow margins, but now Amazon (AMZN) is throwing its hat into the ring.
Crude oil prices hit a ten-month low on June 21, 2017. Lower oil prices have a negative impact on oil and gas exploration and production companies.
With so much happening in the steel space, it’s important for investors to understand how Wall Street is viewing steel stocks.
In a recent interview with CNBC, Bill Miller, the chair of Miller Value Partners, shared his views on Amazon’s deal with Whole Foods Market.
Bond markets (BND) have been buzzing about the flattening US Treasury yield curve. In this series, we’ll explore what this means and how it’s becoming a concern for global markets.
Spice and flavoring giant McCormick (MKC) plans to announce its fiscal 2Q17 results on June 29, 2017. Year-to-date, McCormick stock has generated an 8.3% return, beating its peers.
In 2016, Vertex Pharmaceuticals (VRTX) reported revenues of around ~$1.7 billion, which reflected a whopping 65% YoY (year-over-year) growth.
The S&P 500 (SPY) defensive sectors tend to offer an attractive yield to investors during low-interest environments or when the economy is slowing down.
Market analysts expect American Express (or Amex) (AXP) to report EPS (earnings per share) of $1.43 in 2Q17, a rise of 6.7% from 1Q17.
While gold prices have shown an impressive performance in 2017 YTD, rising 9%, the gains among gold miners have not been broad.