July ICE NY cocoa (CCN24 ) this morning is up +1,025 (+13.51%), and July ICE London cocoa #7 (CAN24 ) is up +583 (+8.47%). Cocoa prices this morning are sharply higher as they recover some of the large losses posted over the past week. Extreme volatility in cocoa prices has...
July arabica coffee (KCN24 ) this morning is down -0.10 (-0.05%), and July ICE robusta coffee (RMN24 ) is down -193 (-5.45%). Coffee prices this morning are weaker, with arabica posting a 5-week low and robusta falling to a 6-week low. A rebound in ICE coffee inventories has also eased...
June WTI crude oil (CLM24 ) this morning is down -0.26 (-0.33%), and June RBOB gasoline (RBM24 ) is down -4.37 (-1.69%). Crude oil and gasoline prices this morning dropped to 8-week lows and are moderately lower. Crude prices are under pressure today after Russian Deputy Prime Minister Novak said...
Palantir Technologies stock is down today after its Q1 results yesterday. However, investors can take advantage of this weakness by shorting out-of-the-money puts as a disciplined buy-in method.
Air Transport Services Group’s ATSG first-quarter 2024 earnings (excluding 3 cents from non-recurring items) of 16 cents per share surpassed the Zacks Consensus Estimate of 13 cents but plunged 55.6% year over year. Customer reve
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. US stock indexes this morning are mildly higher, with the S&P 500 and...
Expeditors International of Washington’s EXPD first-quarter 2024 earnings of $1.17 per share beat the Zacks Consensus Estimate of $1.10. The bottom line plunged 19% year over year due to volume woes. Total revenues of $2,206.67 mi
Builders FirstSource, Inc. BLDR reported better-than-expected results in first-quarter 2024. Both earnings and net sales surpassed the Zacks Consensus Estimate.However, earnings declined year over year and net sales rose slightly
Rockwell Automation Inc. ROK reported adjusted earnings per share (EPS) of $2.50 in second-quarter fiscal 2024 (ended Mar 31, 2024), surpassing the Zacks Consensus Estimate of $2.15. The bottom line declined 17% year over year, pr
This morning a "Potential Dividend Run Alert" went out for Pitney Bowes Inc (NYSE: PBI), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in greater detail, shall we?
First of all, what is a "Dividend Run" anyway? Th
Hagerty, Inc. (HGTY) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring i
Baker Hughes Company (BKR), a leading energy technology company, has secured a substantial contract to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project. This latest development marks
Targa Resources Corp. TRGP reported first-quarter 2024 earnings of $1.22 per share, which missed the Zacks Consensus Estimate of $1.35. The underperformance could be attributed to lower commodity sales and increased operating expe
TC Energy Corporation TRP reported first-quarter 2024 adjusted earnings of 92 cents per share, which beat the Zacks Consensus Estimate of 83 cents. The bottom line also increased from 89 cents reported in the year-ago period. This
Bandwidth (BAND) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring i
Crocs (CROX) came out with quarterly earnings of $3.02 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $2.61 per share a year ago. These figures are adjusted for non-recurring items
Evergy EVRG is scheduled to release first-quarter 2024 results on May 9, before market open. The company delivered a negative earnings surprise of 10% in the last reported quarter.Let’s discuss the factors that are likely to be re