• Vornado (VNO) Reports Items to be Included in 1Q19 Results
    Zacks2 days ago

    Vornado (VNO) Reports Items to be Included in 1Q19 Results

    Vornado Realty Trust VNO recently announced that its first-quarter 2019 financial results will include certain items that will contribute to the company's funds from operation (FFO) plus assumed conversions per share by 51 cents. However, this amount will be excluded in the FFO, as adjusted figure. These items will have a positive impact of 82 cents per share on the company's net income for the quarter.

  • LeMaitre Vascular (LMAT) Q1 Earnings Preview: What's in the Cards?
    Zacks22 hours ago

    LeMaitre Vascular (LMAT) Q1 Earnings Preview: What's in the Cards?

    The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate.

  • Benzinga2 days ago

    Cold Storage Firm Americold To Acquire Cloverleaf For $1.24 Billion

    Americold Realty Trust (NYSE: COLD), a real estate investment trust specializing in developing and operating temperature-controlled warehouses, said it has acquired privately held Cloverleaf Cold Storage from its management and a private equity investor group for $1.24 billion. The acquisition, expected to close by the end of June, will add Sioux City, Iowa-based Cloverleaf's 22 facilities with 132 million refrigerated cubic feet in the central and southeast U.S., to Americold's holdings, which will total more than 1 billion cubic feet under management. Americold, the second-largest U.S. cold storage provider based on refrigerated cubic feet, has developed, owns and operates 155 warehouses with 918.7 million refrigerated cubic feet in North America, Australia, New Zealand and Argentina.

  • CNBCyesterday

    Traditional automakers are making China their launch pad for electric vehicles

    ​Some of the world's largest automobile companies unveiled flagship electric vehicles at the Shanghai Auto Show this week. For all the opportunities China offers, foreign players are entering an electric vehicle market crowded with domestic brands that already have cars on the ground. The electric vehicle industry is still in its early days, and many questions about customer demand and charging infrastructure remain.

  • TheStreet.com20 minutes ago

    Philip Morris Earnings Smoke Analysts' Forecasts

    Tobacco maker Philip Morris on Thursday reported first-quarter earnings that handily beat Wall Street forecasts amid strong demand for both tobacco and e-cigarette products. Philip Morris reported first-quarter earnings of $1.35 billion, or $1.09 a share on an adjusted basis, vs. $1.56 billion, or $1 a share, in the comparable year-earlier period. Analysts polled by FactSet had been expecting earnings of 98 cents a share.

  • Look to CSX earnings for next stock play: Cramer
    CNBC Videos14 hours ago

    Look to CSX earnings for next stock play: Cramer

    Jim Cramer breaks down CSX Transportation's revenue data to discover industries and stocks that are worth making a buy.

  • Benzinga2 days ago

    From Outstanding To Talented: Morgan Stanley On Best Buy's CEO Shuffle

    Best Buy Co Inc (NYSE: BBY) said Monday CFO Corie Barry will transition to the CEO role and replace Hubert Joly in what should be a "smooth transition," according to Morgan Stanley. Morgan Stanley's Simeon Gutman maintains an Equal-weight rating on Best Buy with a $77 price target. Best Buy is replacing an "outstanding" CEO in Joly with Barry who has proven herself to be a "talented executive," Gutman said in a research report.

  • Reuters14 minutes ago

    Union Pacific quarterly profit beats estimates on price hikes

    Union Pacific Corp on Thursday reported a better-than-expected quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest. Shares rose 2.7 percent to $173.80 premarket. Union Pacific's operating ratio, a measure of operating expenses as a percentage of revenue and a key metric for Wall Street, increased 1 point to 63.6 percent from a year ago.

  • Price of Gold Fundamental Daily Forecast – Strong China GDP Weighing on Gold's Appeal as Safe-Haven Asset
    FX Empireyesterday

    Price of Gold Fundamental Daily Forecast – Strong China GDP Weighing on Gold's Appeal as Safe-Haven Asset

    Gold futures are trading slightly lower and inside yesterday's trading range. Prices are being pressured by demand for risky appetite and rising Treasury yields, but a lower U.S. Dollar Index is providing some support. The catalyst behind today's price action is improving data from China, which indicates its economy may have bottomed out as government stimulus begins to kick-in.

  • Implied Volatility Surging for Global Eagle Entertainment (ENT) Stock Options
    Zacks2 days ago

    Implied Volatility Surging for Global Eagle Entertainment (ENT) Stock Options

    Investors in Global Eagle Entertainment Inc. ENT need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.

  • Benzinga2 days ago

    Canopy Growth Soars On Unexpected Guidance Update, European Acquisition

    Canopy Growth Corp (NYSE: CGC) shares surged more than 4 percent after co-CEO Bruce Linton updated the company's fiscal 2020 revenue guidance Tuesday at the GMP Securities cannabis conference in Toronto. Canopy anticipates at least $744 million in revenue in fiscal 2020, exceeding consensus analyst estimates by 19 percent, Linton said. The co-CEO said he does not expect Canopy to be profitable this year.

  • Fox Business3 hours ago

    When can you retire? Retirement experts weigh in

    How much do I need to retire? To be financially ready to retire by age 67, you should aim to have 10 times your final salary saved at retirement, says Meghan Murphy, vice president of Fidelity Investments. This rule of thumb, which Fidelity developed, takes into account all sorts of variables (from savings rate, wage growth, volatility and more) and is applicable for investors with a broad range of income.

  • 5 Dividend Stocks Perfect for Retirees
    InvestorPlace17 hours ago

    5 Dividend Stocks Perfect for Retirees

    After all, dividend stocks generally offer higher yields than bonds and give you the ability to see your income rise through increasing dividend payouts as well as grow thanks to capital appreciation. The only problem is, not all dividend stocks are worthy for retirees. To this end, it takes a certain variety of dividend stocks to get you through your golden years.

  • Harte Hanks to eliminate dozens more Texas jobs
    American City Business Journals1 hour ago

    Harte Hanks to eliminate dozens more Texas jobs

    The San Antonio-based Global marketing firm Harte Hanks Inc. plans another significant round of cuts in Texarkana roughly a year after initiating a major workforce adjustment there affecting some 460 personnel. Harte Hanks has informed state officials that it intends to lay off 73 more workers in Texarkana next month. Harte Hanks (NYSE: HHS) reported in March it had approximately 3,000 employees in North America, the Asia Pacific and Europe.

  • Associated Press22 minutes ago

    Popular: 1Q Earnings Snapshot

    The Hato Rey, Puerto Rico-based bank said it had earnings of $1.69 per share. The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $694.4 million in the period. Its revenue net of interest expense was $607.4 million, which topped Street forecasts.

  • AmEx posts lower-than-expected first-quarter revenue
    Reuters16 minutes ago

    AmEx posts lower-than-expected first-quarter revenue

    Credit card issuer American Express Co's quarterly revenue missed analysts' estimates on Thursday, due to muted growth in its global merchant and network services unit. Shares of AmEx were down 1.2 percent in premarket trading. Revenue growth in the unit, which operates a global payments network for processing and settling card transactions, remained flat at $1.6 billion compared to a year ago.

  • Financial Times19 minutes ago

    Schlumberger says US shale boom slowing

    Investment in the US shale oil industry continues to fall, production growth is slowing, and the balance of spending is shifting to other parts of the world, the oilfield services group Schlumberger has said. Paal Kibsgaard, chief executive, said he “the higher cost of capital, lower borrowing capacity, and investors looking for increased returns” in the US shale industry would mean that exploration and production companies would have to limit spending on new wells to what they could cover from their cash flows, cutting total expenditure by about 10 per cent. Mr Kibsgaard was speaking as Schlumberger, which is the world's largest listed oilfield services group, reported earnings per share of 30 cents for the first quarter of 2019, in line with analysts' expectations but down 21 per cent from the equivalent period of 2018.

  • 10 Best Stocks to Buy and Hold Forever
    InvestorPlace23 hours ago

    10 Best Stocks to Buy and Hold Forever

    In a market environment that overwhelmingly encourages constant activity by investors who seemingly want to double their money every week, a discussion of stocks to buy and hold forever seems comically out of place. Conversely, the fact that Warren Buffett's favorite holding period is “forever” and how he's got a track record most investors would envy is just as telling. With that as the backdrop, here's a rundown of 10 stocks to buy and hold forever … or at least until something significant changes with your life plans or the companies themselves.

  • Synchrony (SYF) Beats Q1 Earnings Estimates
    Zacks56 minutes ago

    Synchrony (SYF) Beats Q1 Earnings Estimates

    A quarter ago, it was expected that this consumer credit company would post earnings of $0.93 per share when it actually produced earnings of $1.09, delivering a surprise of 17.20%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Synchrony, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $4.23 billion for the quarter ended March 2019, missing the Zacks Consensus Estimate by 1.58%.

  • This is Why Sun Life (SLF) is a Great Dividend Stock
    Zacks23 hours ago

    This is Why Sun Life (SLF) is a Great Dividend Stock

    A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Headquartered in Toronto, Sun Life (SLF) is a Finance stock that has seen a price change of 22.96% so far this year. Currently paying a dividend of $0.38 per share, the company has a dividend yield of 3.72%.

  • Associated Press26 minutes ago

    East West Bancorp: 1Q Earnings Snapshot

    The Pasadena, California-based bank said it had earnings of $1.12 per share. Earnings, adjusted for one-time gains and costs, were $1.16 per share. The results missed Wall Street expectations.

  • Bull of the Day: Alteryx (AYX)
    Zacks2 hours ago

    Bull of the Day: Alteryx (AYX)

    Alteryx Designer offers customers data preparation, blending and analytics which could be deployable in the cloud and on premise; Alteryx Server is a secure and scalable product for sharing and running analytic applications in a Web-based environment; and Alteryx Analytics Gallery is a cloud-based collaboration that allows users to share workflows in a centralized source. Fourth Quarter Earnings Impressed Back in February, Alteryx reported its fourth-quarter and full-year 2018 results. Revenues of $61 million grew 57% year-over-year and beat the Zacks Consensus Estimate.

  • Associated Press15 hours ago

    Crown: 1Q Earnings Snapshot

    On a per-share basis, the Yardley, Pennsylvania-based company said it had net income of 77 cents. Earnings, adjusted for one-time gains and costs, were $1.05 per share. The results matched Wall Street expectations.

  • Associated Press1 hour ago

    Pool Corp.: 1Q Earnings Snapshot

    Pool Corp. POOL on Thursday reported first-quarter profit of $32.6 million. On a per-share basis, the Covington, Louisiana-based company said it had profit of 80 cents.