It’s safe to say, even after it’s been eradicated, the coronavirus pandemic will leave a lasting impact on not only global business trends, but also on U.S. consumer spending habits
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
In recent trading, shares of Lamb Weston Holdings Inc (Symbol: LW) have crossed above the average analyst 12-month target price of $53.00, changing hands for $55.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
RPM International (RPM) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.
Gol Linhas Aereas Inteligentes’ GOL first-quarter 2020 performance wasn’t much affected by coronavirus as the company started experiencing the impact of the health hazard since mid-March.Although a little late, the carrier is witnessing significant decline in demand as evide
MSC Industrial (MSM) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.
Akoustis Technologies, Inc. AKTS has been struggling lately, but the selling pressure may be coming to an end soon. That is because AKTS recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
In a bid to bounce back from the dramatic reduction in spending by oil and gas producers due to weak prices, Halliburton Company HAL is permanently slashing headcount by nearly 350 at its Duncan facility in Oklahoma.
Ovintiv Inc. OVV recently decided to lower its second-quarter capital expenditure again by an additional $200 million, trimming the total capex to $500 million for preserving liquidity amid the coronavirus-induced crisis. Reduction in demand at a time of surplus supply adversely
U.S. stock futures are slightly higher in choppy trade, while European stocks are down after euro-area finance ministers failed to agree on a united plan to confront the virus, which has now infected more than 1.4 million people worldwide.
European stocks are falling after a meeting of euro-area finance ministers failed to agree on a united plan to confront the virus, while U.S. equity futures are slipping as investors continue to fret over a rising death toll in that country.
With several companies taking necessary steps to fortify its financial position amid the coronavirus outbreak, Woodward, Inc. WWD recently decided to put an end to its much-awaited $6.4 billion merger deal with Hexcel Corporation HXL. Although this all-stock merger of equals ini
Intel INTC recently ended its search for buyer for its Home Gateway Platform Division — a unit engaged in manufacturing chips used in home internet access gear that enable wireless connection — in MaxLinear MXL.The all-cash deal is valued at $150 million and is subject to re