Oil prices plunged to negative $40 per barrel on Monday in what is becoming a perfect storm for oil markets. Demand for oil is down, storage is filling up, and traders are trying to unload the paper oil they own before they have to take delivery of actual oil.
The biotech space of the broader healthcare sector is currently the hottest of all segments buoyed by the COVID-19 pandemic. This is especially true as the rapidly spreading virus, which has now infected more than 2.4 million people globally and claimed 166,000 lives, has raised
International Business Machines IBM, one of the first technology companies announcing results, reported a somewhat disappointing quarter, but not unexpected considering the way the pandemic is playing out.
Consumer stocks were mostly lower, with the SPDR Consumer Staples Select Sector ETF slipping 2.2% this afternoon while the SPDR Consumer Discretionary Select Sector ETF was losing 2.8% in value.
Real estate investment trusts (REITs) invest in all types of properties — from offices to malls to hospitals and hotels. The Zacks REIT And Equity Trust - Residential category is the one which is engaged in owning, developing and managing a variety of residences. These include
The coronavirus outbreak has caused a global economic crisis and the situation keeps worsening with each day. Already 42,364 cases of death have been registered in United States. The economy is declining rapidly. Investors are becoming apprehensive about a market meltdown.Despit
We expect Eli Lilly & Company LLY to beat expectations when it reports first-quarter 2020 results on Apr 23, before market open. In the last reported quarter, the company delivered a positive earnings surprise of 13.82%.
Investors are always looking for stocks that are poised to beat at earnings season and First Mid Bancshares, Inc. FMBH may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
HCA Healthcare, Inc. HCA reported first-quarter 2020 adjusted earnings of $2.33 per share, missing the Zacks Consensus Estimate by 10.7%. Moreover, the bottom line declined 21.5% year over year due to lower patient volumes.Quarterly DetailsHCA Healthcare’s revenues of $12.8 bi
PACCAR Inc. PCAR has reported earnings of $1.03 per share for first-quarter 2020, missing the Zacks Consensus Estimate of $1.21, mainly due to lower income and revenues from the company’s trucks, parts and others unit. The reported figure also came in lower than the prior-yea
Fifth Third Bancorp FITB reported first-quarter 2020 adjusted earnings of 13 cents per share, missing the Zacks Consensus Estimate of 23 cents amid the coronavirus scare. Results also compared unfavorably with the prior-year quarter’s earnings of $1.12 per share.Results exclud
Investors are always looking for stocks that are poised to beat at earnings season and Community Trust Bancorp, Inc. CTBI may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
Investors are always looking for stocks that are poised to beat at earnings season and Kimberly-Clark Corporation KMB may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.