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A new day, a new surge in blockchain related news . At least three companies announced major changes to their business structure to include blockchain and investors should be made aware of two notable ...
The upside in third-quarter fiscal 2018 sales at PetMed (PETS) is a result of the significant increase in new orders and reorder sales.
The trend of blockchain-related announcements from Chinanet Online Holdings Inc (NASDAQ:CNET) continues. Today, the advertising company announced that it entered into an agreement with Jingtum Technology and Ford Tree to establish a new joint venture company to research and develop blockchain technology and its applications for ChinaNet’s blockchain technical and business units. According to the Agreement, Jingtum’s Chief Technology Officer and other leading experts will be involved in the establishment of the new JV.
Zacks.com featured highlights include: Tempur Sealy, MSCI, Zoetis, Darden Restaurants and Illinois Tool Works
The banking sector has been experiencing growth as a result of improving credit quality from post-GFC recovery. As a small-cap bank with a market capitalisation of USD $5.95M, OptimumBank HoldingsRead More...
PetMed Express reported earnings and sales that topped Wall Street's estimates and increasing its quarterly dividend to 25 cents per share.
Online pharmacy Petmed Express (PETS) should start selling painkillers for bears - specifically, for the ones on Wall Street shorting its stock. Some of them apparently gave in Monday morning and closed their negative bets after the company's latest quarterly earnings beat forecasts and it raised its dividend 25%. The company raised its quarterly dividend to to 25 cents.
If you’re looking for a profitable portfolio of stocks that will offer the best of value and growth investing, try the growth at a reasonable price or GARP strategy. Unlike a blend strategy, a portfolio that uses GARP investing is expected to include stocks that offer the best of both value and growth investing. The GARP approach helps to zero in on stocks that are priced below the market or any reasonable target determined by fundamental analysis.
Shares of PetMed Express Inc. soared 7.3% toward a record high in premarket trade Monday, after the pet pharmacy company reported fiscal third-quarter earnings that beat expectations and raised its dividend ...
On a per-share basis, the Delray Beach, Florida-based company said it had net income of 44 cents. The pet pharmacy company posted revenue of $60.1 million in the period, which topped Street forecasts. ...
Cognizant (CTSH) hits a 52-week high driven by its ability to capitalize on the ongoing digital transition and domain expertise.
We have screened value stocks based on EV/EBITDA ratio that offers a clearer picture of a company's valuation and earnings potential.
It’s not how well the elephant tap dances that’s amazing, but that it taps at all. The old joke comes to mind as International Business Machines Corp. (NYSE:IBM) tries to wow the markets with blockchain, with a consensus earnings estimate of $5.17 per share when it reports Jan. 18, but Source: Shutterstock whispers of $5.22, on revenue of $21.94 billion. Worse, IBM’s operating margins have been shrinking steadily as its top line has shrunk.
The Zacks Analyst Blog Highlights: Wal-Mart Stores, Darden Restaurants, At Home Group, EVINE Live and PetMed Express
To build your earnings season watch list, look for stocks in or near a potential buy zone ahead of their next quarterly report. One company that fits that bill is IBD 50 member PetMed Express[ticker symb=PETS]. It's expected to release its latest numbers around Jan. 22. It's trading about 5% above a 51.00 buy point from a second-stage consolidation. Be...
Zacks.com highlights: Raymond James Financial, Cognizant Technology Solutions, Applied Materials, Church & Dwight and Total System Services
CEO of Cognizant Technology Solutions Corp (NASDAQ:CTSH) Francisco Dsouza sold 240,000 shares of CTSH on 01/11/2018 at an average price of $74.04 a share.
A microcap online advertising company based in China which was down to $1 million in cash has raised $11 million after saying it is exploring moving into blockchain.
The early-morning press release from Chinanet notes that the company entered into an agreement with three institutional investors to receive $11 million in gross proceeds from the sale of 2,150,001 shares at $5.15 per share. Unfortunately, Chinanet closed on Thursday, Jan 11, at $6.38 a share. Added to its current 12.34 million shares outstanding, this offering promises to dilute existing shareholders as much as 23% — coincidentally, about the same amount the stock is down today.
Investors often fail to think through sales growth as a dependable metric when it comes to picking winning stocks. This might be because of their preconceived notion that a company’s stock price is typically sensitive to its earnings momentum.
Chinanet Online Holdings Inc (NASDAQ:CNET) announced the appointment of Zhongyi Liu as chief strategy officer. Since 1996, he transitioned to the internet industry and became one of the earliest internet entrepreneurs in China.
Here’s a headline you don’t hear too often these days: General Electric Company (NYSE:GE) stock is popping. GE stock, which has long been dinged as the Dow’s biggest loser, has had a remarkable start to 2018. Has GE stock turned a corner?