Soybeans are trading with losses of 6 to 15 cents, as the nearbys are the weakest on some bear spreading. Soymeal futures are showing losses of $3.90 to $4.10/ton. Soy Oil is posting losses of 47 to 52 cents at midday. The US soybean crop was 52% planted as of...
Lean hogs are trading with contracts down 35 to 90 cents at midday. USDA’s National Average Base Hog negotiated price was reported at $88.49 this morning, up $2.03 from the Monday afternoon report. The CME Lean Hog Index was down 7 cents on May 17 at $92.22. USDA’s National Pork...
In afternoon trading on Tuesday, Industrial stocks are the worst performing sector, showing a 0.6% loss. Within the sector, Keysight Technologies Inc (Symbol: KEYS) and Nordson Corp. (Symbol: NDSN) are two large stocks that are lagging, showing a loss of 9.1% and 8.5%, respectiv
June WTI crude oil (CLM24 ) today is down -0.62 (-0.78%), and June RBOB gasoline (RBM24 ) closed down -1.74 (-0.69%). Crude oil and gasoline today are moderately lower for a second day. A stronger dollar today is bearish for energy prices. Also, Fed comments today signal policymakers want to...
James Hardie Industries (NYSE: JHX) is feeling the pressure from a difficult housing cycle. Shares of the building materials manufacturer traded down 15% as of 1 p.m. ET Tuesday following the release of the company's latest quarterly report.
The board of directors of Lennox International, a leader in energy-efficient climate-control solutions, approved a 4.5% increase in the quarterly dividend from $1.10 to $1.15 per share of common stock, payable July 15, 2024, to stockholders of record as of June 28, 2024. "Our l
Another busy day in AI: San Francisco's Scale AI raised $1 billion in an Accel-led round that takes its valuation to $13.8 billion, and Paris-based startup H, previously referred to as Holistic AI, launched with a $220 million round.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Amphenol is now the #67 analyst pick, moving up by 2 spots.
This rank is formed by averaging the analyst opinions for each component from each
Given the choice, most investors prefer buying stocks on a dip rather than during (or after) a rally. Why pay more when you can pay less? Paying less means more eventual profits.
Palo Alto Networks (NASDAQ: PANW) is a prominent member of the dynamic and fiercely competitive cybersecurity sector. Palo Alto has established itself as a leader in delivering comprehensive security solutions for a wide range of industry sectors. Palo Alto’s earnings report for
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in th
(RTTNews) - European stocks closed lower on Tuesday with investors largely staying cautious, looking ahead to the release of minutes from the Federal Reserve's most recent policy meeting, and a report on U.K. inflation for the month of April.
Shareholders of Rithm Capital Corp (Symbol: RITM) looking to boost their income beyond the stock's 8.8% annualized dividend yield can sell the July covered call at the $17 strike and collect the premium based on the $22.20 bid, which annualizes to an additional 1209% rate of ret
According to NextEarningsDate.com, the Costco Wholesale (NASD: COST) COST next earnings date is projected to be 5/30 after the close, with earnings estimates of $3.68/share on $57.89 Billion of revenue. Looking back, the recent Costco Wholesale earnings history looks like this
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Walmart is the #6 analyst pick. Walmart Inc also comes in above the median of analyst picks among the broader S&P 500 index compon
(RTTNews) - Biotech company Alvotech (ALVO) and Dr. Reddy's Laboratories SA, wholly-owned subsidiary of Dr. Reddy's Laboratories Ltd. (RDY), announced Tuesday that the companies have entered into a license and supply agreement for the commercialization of AVT03, Alvotech's biosim
(RTTNews) - Canadian shares may open with a negative bias Tuesday morning, tracking weak global markets, and lower commodity prices. Canadian inflation data is likely to make a significant impact on sentiment.