RECENT Sector Analysis RESEARCH
In week 41, which ended on October 13, 2017, the BDTI rose to 903 from 776. In week 41, the index remained unchanged at 776.
We’re nearing the end of the year, and most agribusiness stocks have underperformed the benchmark indexes.
In a press release, 3M (MMM) said that it would announce its 3Q17 earnings on October 24, 2017, before the market opens at 8:00 AM CDT.
McDonald’s will announce its 3Q17 earnings before the market opens on October 24, 2017. The stock price has risen 8.9% since its 2Q17 earnings.
For the week ending October 13, fertilizer stocks were broadly positive from the beginning of the week. MOO rose 1.7% from the beginning of the week.
JetBlue Airways (JBLU) is expected to release its third-quarter earnings on October 24, 2017. In this series, we’ll look at its expansion plans, declining profitability, and valuations.
General Motors (GM), the largest US automaker, is set to release its 3Q17 earnings report on October 24.
On October 16, 2017, Telsey Advisory lowered SuperValu’s (SVU) target price from $29 to $24 due to ongoing margin pressure.
Chubb Limited (CB) reported net investment income of ~$1.5 billion in 1H17 compared to ~$1.4 billion in 1H16, reflecting a 9.6% increase. CB generated an 11% return on equity on a trailing-12-month basis.
According to the EIA, the natural gas inventory for the week ended October 6 was 3,595 Bcf (billion cubic feet). The storage amount is higher than the previous week’s 3,508 Bcf.
In this series, we’ll examine Bank of America’s performance across divisions, expected growth, strategic investments, valuation, dividends, yields, and analyst ratings.
November US crude oil (UWT)(USL) futures contracts rose 0.8% and closed at $51.87 per barrel on October 16. The global benchmark, Brent crude oil (BNO) futures, rose 1.1% to $57.82 per barrel.
Sherwin-Williams (SHW) announced that it would release its 3Q17 earnings on October 24 before the market opens. Here’s what you need to know.
Calendar 3Q17 saw several major mergers and acquisitions in the US pharmaceutical industry.
Colgate-Palmolive (CL) stock has risen 15.8% on a YTD (year-to-date) basis as of October 16, 2017, and has outperformed most of its peers in terms of stock gains.
There’s been a lot of action in the US steel space in the past month, and we’ve seen analysts revise their ratings to reflect the view of steel stocks ahead of 3Q17 results.
The US tech sector could see tax reforms that would improve its competitive stance. The proposal would reduce the corporate tax from 35% to 20% and introduce a territorial tax system.
Whiting Petroleum (WLL) stock regained its upward momentum last week, rising ~3.7% compared to a 5.0% fall in the previous week.
Phillips 66 (PSX) is expected to post its 3Q17 results on October 27, 2017. In 2Q17, its adjusted EPS (earnings per share) of $1.09 surpassed estimates of $1.01.
The US holiday season is the most important sales season for US retailers and department stores.