Churchill Downs (CHDN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2018. The earnings report, which is expected to be released on February 27, 2019, might help the stock move higher if these key numbers are better than expectations. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Overview of Silver-Certificate Dollar Bill A silver certificate dollar bill is a former circulation of paper currency that allowed for the direct exchange of silver. This representative money allowed for the redemption of silver coins or raw bullion equal to the certificate's face value. The certificate was used to back U.S. paper currency systems during the 1800s and 1900s.
Australia's Westpac Banking Corp was sued on Thursday by customers who said the bank had lent them money they could not afford to repay, the second such case the firm has faced in the past year. The case comes with Australia's financial services sector under great pressure to reform after a public inquiry uncovered widespread misconduct, including charging customers fees for no service, irresponsible lending and deception of regulators. Westpac had already agreed to pay a A$35 million ($25 million) fine for wrongly approving thousands of mortgages in a similar case filed by Australia's corporate regulator last year.
CNBC's Bob Pisani talks leveraged and inverse ETFs with Sylvia Jablonski of Direxion Investments.
Visteon (NYSE: VC) announces its next round of earnings this Thursday, Feb. 21. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement. Visteon EPS is expected to be around $1.03, according to sell-side analysts.
Iron ore demand in China is poised to remain strong and help bolster profits for Fortescue Metals Group Ltd., which joined rivals in boosting returns to shareholders and flagged possible further payouts this year. There's no evidence of an economic slowdown biting at China's steel mills and their output rose last year, helping to underwrite a turnaround in demand for iron ore, Fortescue Chief Executive Officer Elizabeth Gaines said Wednesday in a Bloomberg Television interview. We've seen those trends continue and that's driving strong demand for seaborne iron ore,” Gaines said from Perth.
IPO vs. Direct Listing: An Overview Companies seeking to raise interest-free capital from the public mostly take the initial public offering – IPO route to publicly list their shares on stock exchanges. The public listing represents the first instance of a company selling its shares to common investors. There are two ways to list the shares—first, the standard and popular IPO process, and second, the direct listing process.
An Earnings Beat: Electric utility firm Southern Company SO reported earnings per share (excluding certain one-time items) of 25 cents, ahead of the Zacks Consensus Estimate of 24 cents. Estimate Revision Trend & Surprise History: The Zacks Consensus Estimate for the quarter has been unchanged in the last seven days. Southern Company has an excellent earnings surprise history.
Since late November of 2018, shares of Yelp (NASDAQ:YELP) have been on a torrid run higher as investors have expressed confidence in the digital rating platform's ability to sustain healthy ad revenue growth and robust margin expansion. Yelp is up more than 30% since late November. The grim reality is the narrative and numbers behind Yelp stock don't look that good.
Nordson (NDSN) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $1.13 per share. This quarterly report represents an earnings surprise of -18.58%. Nordson, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $497.91 million for the quarter ended January 2019, missing the Zacks Consensus Estimate by 0.01%.
TORONTO (AP) _ Alamos Gold Inc. (AGI) on Wednesday reported a loss of $71.5 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Safe Bulkers Inc. SB) on Tuesday reported fourth-quarter net income of $9.5 million, after reporting a loss in the same period a year earlier. On a per-share basis, the company said it had net income of 7 cents.
The 10 Best Cheap Stocks to Buy Right Now Overall, now seems like a good time to add some stability to the portfolio through dividend stocks. With that in mind, here's a list of seven healthy dividend stocks to buy in 2019. AT&T (T) Telecom giant AT&T (NYSE:T) has been burdened by a huge and growing debt load, and slowing operations in its core wire-line businesses.
Vanguard Wellington Investor Shares (VWELX) Expense ratio: 0.25% per year, or $25 on a $10,000 investment. The Vanguard Wellington Investor Shares (MUTF:VWELX) is the oldest Vanguard fund of them all. Founded in 1929, this Vanguard fund is also the oldest balanced fund in the U.S. The investor share class requires a minimum investment of $3,000, but among actively managed mutual funds, this Vanguard has a favorable fee, making it less expensive than 70% of competing strategies, according to issuer data.
Cornerstone Macro's Carter Worth on where to find gains. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Karen Finerman and Guy Adami.
Salesforce.com (CRM) closed the most recent trading day at $158.54, moving -1.29% from the previous trading session. This change lagged the S&P 500's daily gain of 0.18%. This has outpaced the Computer and Technology sector's gain of 5.62% and the S&P 500's gain of 4.28% in that time.
Navient Corporation NAVI was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17.2% in the past one-month time frame.
That has led the bank, the seventh-largest in the Orlando market, to invest in its online banking platforms It also led the bank to close nearly 200 branches over a three-year span, primarily in its legacy markets like Ohio and Michigan where Fifth Third had multiple locations near each other. quot;We took 150-175 of our branches out of the network in the past three years," Carmichael said. quot;We will shut down more branches in 2019 then we will open, while in 2020 we hope to open more branches than we close.
Investors focused on the Retail-Wholesale space have likely heard of Canada Goose Holdings (GOOS), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question. Canada Goose Holdings is one of 218 individual stocks in the Retail-Wholesale sector.
A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Illinois Tool Works in Focus Illinois Tool Works (ITW) is headquartered in Glenview, and is in the Industrial Products sector.
Box (BOX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended January 2019. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Energy Transfer LP ET delivered fourth-quarter 2018 earnings of 26 cents per unit, which lagged the Zacks Consensus Estimate of 33 cents by 21.21%. However, earnings improved from the year-ago quarter's tally of 22 cents by 18.2%. In 2018, Energy Transfer reported earnings of $1.15 per unit, up from 83 cents in 2017.
Boston Beer Co. (SAM) on Wednesday reported fourth-quarter earnings of $21.8 million. The Boston-based company said it had profit of $1.86 per share. Earnings, adjusted for pretax gains, came to $1.84 per share.
First Majestic Silver (AG) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended December 2018. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Sunoco LP (SUN) on Wednesday reported a fourth-quarter loss of $72 million, after reporting a profit in the same period a year earlier. The Dallas-based company said it had a loss of $1.11 per share. Earnings, adjusted for non-recurring costs, were 51 cents per share.