Shares of Ollie's Bargain Outlet Holdings, Inc. OLLI rose 2.1% during the after-market trading session on Aug 27. The company registered stellar performance in second-quarter fiscal 2020, wherein both the top and the bottom lines not only beat the Zacks Consensus Estimate but al
A discreet investment decision entails buying of healthy stocks at the opportune time while getting rid of those that are prone to risk. Price upsurge and strong fundamentals substantiate a stock’s bull run.
Semtech Corporation’s SMTC fiscal second-quarter 2021 non-GAAP earnings of 43 cents per share surpassed the Zacks Consensus Estimate by a penny. The reported earnings increased 22.9% sequentially and 13.2% year over year.Non-GAAP revenues of $143.7 million increased 8% sequent
Okta, Inc. OKTA reported second-quarter fiscal 2021 adjusted earnings of 7 cents per share in contrast to the Zacks Consensus Estimate of a loss of 2 cents per share. The figure also increased 40% from the year-ago quarter.Total revenues surged 42.7% from the year-ago quarter to
Royal Dutch Shell plc RDS.A plans to initiate a four-year pilot project at its Pulau Bukom refinery to implement the Digital Twin technology. This advanced technology at the manufacturing site is believed to improve productivity, reliability and safety when it will be fully func
Tiffany & Co. TIF came out with its second-quarter fiscal 2020 results, wherein both the top and the bottom lines not only fell short of the Zacks Consensus Estimate but also declined year over year, thanks to the adverse impact of the ongoing coronavirus pandemic. However,
Joining its peers American Airlines AAL and Delta Air Lines DAL, United Airlines UAL warned of job cuts post Sep 30, 2020 when the current federal stimulus package expires. Notably, airlines have been grappling with the problem of overstaffing due to the coronavirus-induced depr
Hurricane Laura, which made landfall on Aug 27 near the Texas-Louisiana border as a Category 4 storm, has left a path of destruction in its wake. As the wind gusts from this catastrophic storm caused widespread structural damage, particularly in the state of Louisiana, more than
After a confused and volatile reaction to the Federal Reserve's formal adoption of an average inflation target, it took Asian and European traders to embrace the signal and take the dollar lower.
American Water Works AWK, through a wide and extensive network, provides water and wastewater services to more than 15 million customers. The company is poised to benefit from systematic capital expenditure and acquisitions to further expand footprint across the United States.We
Gearing up for a key election next year, Mexican President Andres Manuel Lopez Obrador has wielded corruption as both a stick with which to beat political adversaries, and a lightning rod to deflect criticism from his record in office.
Darden Restaurants, Inc. DRI is poised to benefit from digitalization, menu innovation and other sales-building initiatives. Also, solid performance by Olive Garden and LongHorn Steakhouse segments along with operational readjustments are adding to the upside.In the past three m
Edison International (Symbol: EIX) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utilities, EIX shares displayed both attractive valuation metrics and s
Crestwood Equity Partners LP (Symbol: CEQP) has been named as a Top 25 dividend stock, according the most recent Dividend Channel ''DividendRank'' report. The report noted that among the coverage universe, CEQP shares displayed both attractive valuation metrics and strong pr
Big Lots (BIG) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.71 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.
U.S. Federal Reserve chair Jerome Powell tried to address economic inequalities in his landmark policy move. Still the Fed holding rates lower-for-longer may support bulging asset prices - which is unlikely to benefit the neediest and could well widen the wealth gap in the near term.
U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.
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