Yahoo Finance's LIVE stock market coverage and analysis.
Yahoo Finance's LIVE stock market coverage and analysis.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of GreenTree Hospitality Group Ltd. (NYSE:GHG) as an investment opportunity by projecting its future cash flows and then discounting them to today's value. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. If you are reading this and its not February 2019 then I highly recommend you check out the latest calculation for GreenTree Hospitality Group by following the link below.
In spite of the bad rap for all the rain, the city is No. on the U.S. News 125 Best Places to Live in the USA survey. There is also a growing startup community to satisfy the millennial urge to pursue more entrepreneurial endeavors or if they have an itch to simply switch jobs frequently.
Inter Pipeline Ltd. - SVP of Operations * Jeffrey D. Marchant Inter Pipeline Ltd. - SVP of Transportation
FOX Business' Jeff Flock on the impact of Illinois' proposal to tax private retirement funds to pay for public workers' pensions.
The stock market had a reasonably good session on Tuesday, with market participants reacting favorably to positive news on the domestic economic front despite worries from overseas over the long weekend. Middleby (NASDAQ: MIDD), Tile Shop Holdings (NASDAQ: TTS), and Uniti (NASDAQ: UNIT) were among the worst performers. Shares of Middleby dropped 7% after the maker of kitchen equipment said that its chief executive officer would retire effective immediately.
Have you been paying attention to shares of OFG Bancorp (OFG)? OFG Bancorp has gained 21.8% since the start of the year compared to the 10.5% move for the Zacks Finance sector and the 14.7% return for the Zacks Banks - Northeast industry. The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters.
Since BHP Group (ASX:BHP) released its earnings in June 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 45% in the upcoming year relative to the past 5-year average growth rate of -30%. Currently with trailing-twelve-month earnings of US$6.6b, we can expect this to reach US$9.6b by 2020. I will provide a brief commentary around the figures and analyst expectations in the near term.
In a letter to shareholders, Musk and his chief financial officer forecast as many as 400,000 total vehicle deliveries this year. But within hours, the CEO told an analyst on Tesla's earnings call to expect sales for just the Model 3 to reach as many as 500,000 units in 2019. To Musk's credit, Tesla did make substantial progress in mass-manufacturing electric vehicles last year, after overcoming the “production hell” he predicted the company would go through starting in the fall of 2017.
Canadian marijuana producer Canopy Growth might not have enough weed stocked up to keep its grip on nearly a third of the nation's legal cannabis market, GMP Securities said Tuesday in downgrading the stock. Canopy Growth stock fell, while other marijuana stocks were mixed in midmorning trading. GMP Securities analyst Martin Landry, in a Tuesday research note, said he was concerned about Canopy Growth's shrinking inventory levels, saying they could "impair its ability to sustain its near-term growth."
What happened Most gold stocks delivered impressive gains today after gold prices hit 10-month highs. The run-up in precious-metals prices comes on the heels of multiple news items, most notably a report from the World Trade Organization showing an important indicator of global trade in goods hit a nearly 10-year low. When the economy slows down -- or is at risk of doing so -- investors tend to seek out more exposure to gold.
CenturyLink (NYSE: CTL) took a big hit last week after slashing its fat dividend. AT&T (NYSE: T) is holding up better, but only relatively speaking. CenturyLink was a shining beacon for income investors with its quarterly dividend of $0.54 a share, pushing its yield north of 15% at the start of last week. The distributions never seemed sustainable, with CenturyLink's payout ratio above 100% every year after 2010.
Cisco Systems (NASDAQ: CSCO) and Microsoft (NASDAQ: MSFT) both provide essential services for companies around the world. Both Cisco and Microsoft have outperformed the S&P 500's return of about 50% over the last five years. Cisco stock is up 120%, while shares of Microsoft have gained 183% over that time. We'll compare both companies' financial fortitude, valuation, dividends, and competitive moats to determine which is the better buy for investors today.
China's government on Monday accused the United States of trying to block its industrial development after Vice President Mike Pence said Chinese equipment poses a threat to countries that are rolling out next-generation mobile communications. And in a potential blow to U.S. efforts to rally its allies on the issue, British media reported U.K. intelligence agencies found it is possible to limit potential security risks of Chinese equipment in fifth-generation networks. The U.S. argues Beijing might use Chinese tech companies to gather intelligence about foreign countries.
Chip-design software firm Cadence Design Systems (CDNS) late Tuesday easily beat Wall Street's targets for the fourth quarter. The Cadence earnings report sent the company's stock soaring in extended trading. Analysts expected Cadence earnings of 48 cents on sales of $551 million, according to Zacks Investment Research.
Copper prices surged to a seven-month high on Tuesday, buoyed by hope for a U.S.-China trade deal and a dramatic rebound in the flow of credit in China. While the Dow Jones, S&P 500 and Nasdaq saw modest gains on the stock market today, the breakout of copper prices may be a confirmation signal to Wall Street bulls betting that 2019 will be a rerun of 2016. Back then, the global economy briefly appeared headed for a stumble as financial markets swooned in early 2016.
FuelCell Energy, Inc. s (NASDAQ:FCEL) released its most recent earnings update in October 2018, which confirmed that losses became smaller relative to the prrior year's level – great news for investors Below is a brief commentary on my key takeaways on how market analysts perceive FuelCell Energy's earnings growth outlook over the next couple of years and whether the future looks brighter. Note that I will be looking at net income excluding extraordinary items to get a better understanding of the underlying drivers of earnings.
For one, it should insulate U.S. shale oil production from swings in crude oil prices. That should provide a more steady supply and keep a lid on gasoline prices. And shale oil from the big oil companies will contribute to total U.S. oil production hitting record highs, helping America to become a net oil exporter on a sustained basis for the first time in decades.
Evidence that the Kandi Electric Vehicles Group Co., Ltd. (KNDI JV) should be valued at $3 billion Let's start with the below table comparing KNDI JV which, to date, has never raised any dilutive outside equity financing, to a sampling of seven well-known (at least in China) China EV Unicorns.. Take a few minutes to absorb this stunning table below and comparing KNDI JV to seven China EV Unicorns. Note that the “other seven” have already raised $11.6 billion in Private Equity and have a perceived value of $25.8 billion!!
Oprah Winfrey's purse has gotten a lot thinner over the past eight months—about $560 million thinner—with J.P Morgan adding to her woes Tuesday by turning bearish on WW, the company formerly known as Weight Watchers International Inc. Oprah is WW's second-largest shareholder, as she beneficially owns 7,524,344 shares, or about 11% of the shares outstanding, according to her most-recent filing with the Securities and Exchange Commission. At the record close, Oprah's stake had a market value of about $776 million.
Crestwood Equity Partners' (NYSE: CEQP) turnaround continued during the fourth quarter as its earnings nudged higher while cash flow growth accelerated. The master limited partnership (MLP), meanwhile, expects even faster growth in 2019, fueled by a growing slate of expansion projects. Crestwood Equity Partners' solid fourth-quarter showing pushed its full-year adjusted EBITDA up to $420.1 million, which exceeded the high end of its $390 million to $420 million guidance range and was 6% higher than 2017's total.
ExxonMobil's (NYSE: XOM) turnaround is starting to bear fruit. Here's what is starting to go right for Exxon and why even-better days are ahead. Oil production fell 1.7% in 2017 after falling 1% in 2016, and continued to decline through the first half of 2018.
Shares of regional telecom services company Windstream Holdings (NASDAQ: WIN) and its former subsidiary, networking infrastructure manager Uniti Group (NASDAQ: UNIT), had a hard day on Tuesday. In the morning session, Uniti's stock fell as much as 46.4%, and Windstream's shares took a 72.1% haircut at worst. Hedge fund Aurelius Capital Management filed a notice of default against the telecom in 2017, arguing that the spinoff action that created Uniti Group was a breach of the covenants regulating a bond deal between the company and the hedge fund.
Jordan Wu -- President and Chief Executive Officer Actually, we didn't specifically say we expect WLO to grow this year, the reason being -- what we did say is that our overall revenue -- overall sales for this year, for a number of reasons, we expect to see some growth despite the macroeconomy uncertainty. That, we did say, but we didn't specifically say WLO is going to register growth this year. That is primarily because admittedly, our WLO business in terms of shipments -- although we have good design pipelines and collaboration projects with much more customers, but in terms of actual shipments, we are highly dependent on one single customer, our anchor customer, which provides very big ...
Medtronic stock inched closer to a breakout Tuesday after its fiscal third-quarter earnings topped expectations, though sales from diabetes products lagged estimates. On the stock market today, shares of Medtronic advanced a fraction, to 92.33. Medtronic stock is forming a double-bottom base with a buy point at 99.51.