Spring was filled with scandals for many airlines. Let’s look at what’s in store for them, and other factors that impact their performance.
JPMorgan Chase (JPM) is expected to post earnings per share (or EPS) of $1.61 in 2Q17 and $6.66 for the full year.
Cheniere Energy (LNG), which is set to export its first LNG (liquid natural gas) cargo to South Korea, has fallen 3.0% this month as of June 22, 2017.
Williams Partners (WPZ) has been impacted by the current weakness in the midstream sector due to falling commodity prices. The partnership has fallen ~5.5% since the beginning of June.
As of June 22, 2017, Tesla (TSLA) stock was trading at $382.61 with a 12.2% rise so far in June. The stock has risen about 37.5% to date for the quarter.
Most major fertilizer stocks, including PotashCorp, The Mosaic Company, CF Industries, and Agrium, have underperformed both SPY and MOO year-to-date.
Google and its peers view AR as a potential pillar of their businesses. Grand View Research projects that the AR market will grow to more than $100.0 billion by 2024.
Walgreens Boots Alliance is scheduled to release its fiscal 3Q17 results on June 29, 2017. The pharmacy giant is expected to report a 10.2% year-over-year rise in its earnings per share.
On a YTD (year-to-date) basis, Kohl’s (KSS) stock has fallen 26.5% to $36.30 as of June 22. Kohl’s delivered mixed results for fiscal 1Q17.
Key factors that could affect gold include unrest in the Middle East, the next stage of Brexit, and President Trump’s ability to bring about financial reforms.
In fiscal 3Q17, Darden posted adjusted EPS of $1.32 on revenue of $1.88 billion, as compared to the analyst estimate of $1.27 on revenue of $1.87 billion.
Rent growth has moderated, but it remains at record highs. In such a scenario, consumers prefer apartments whose rents are affordable. This is where self-storage REITs come in.
August WTI (West Texas Intermediate) crude oil (XOP) (VDE) (RYE) futures contracts rose 0.5% and closed at $42.74 per barrel on June 22, 2017.
US crude oil (USO) (DBO) (USL) August futures fell 4.3% between June 15 and June 22, 2017, and settled at $42.74 per barrel.
After posting better 1Q17 earnings on April 25, Chipotle’s stock price rose to $496.14 by May 16, 2017. Since then, it has experienced downward momentum.
Intuitive Surgical (ISRG) has returned approximately 48.2% YTD (year-to-date), surpassing SPY as well as the Health Care Select Sector SPDR Fund (XLV) by enormous margins.
MLPs have seen a series of major sell-offs due to significant weakness in crude oil prices. The Alerian MLP ETF (AMLP) has fallen 7.5% since the beginning of June 2017.
Conagra (CAG) has fallen about 5% YTD as of June 21, 2017. Much of this decline has stemmed from the company’s failed bid to acquire Pinnacle Foods.
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.