US equity futures point to another leg lower in the market as the US deals with the rising coronavirus case count that is leading more companies to adopt work from home policies and other measures to limit the spread of the virus
Freeport-McMoRan Inc. FCX recently provided an operational update. The company announced that it is making progress in boosting copper and gold volumes by 30-40%, while reducing unit net cash costs of copper by 25% to around 1.30 per pound. Moreover, it is aiming to more than do
Losses for U.S. stocks deepened, continuing the week’s wild swings as investors digest the double blow of the coronavirus and the price war in the oil market..
Losses for U.S. stocks deepened, continuing the week’s wild swings as investors digest the double blow of the coronavirus and the price war in the oil market..
Azul S.A. AZUL reported impressive traffic numbers for February, 2020. Both domestic as well as international demand and supply increased on a year-over-year basis. Moreover, consolidated load factor (% of seats filled by passengers) increased primarily owing to 36.1% rise in
Tesla, Inc. TSLA has reached an important milestone with the manufacture of its one millionth car — a Tesla Model Y. This is in sync with the company’s goal of manufacturing one million electric vehicles (EV) as well as launching the Model Y by 2020. Despite it taking 17 yea
The past month has certainly been wild for equities. While market pundits expected a pullback in equities due to the overstretched valuation of the U.S. stock market, a few actually thought the reason would be risks emanating from a virus.
Daqo New Energy (DQ) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.
Xeris Pharmaceuticals, Inc. (XERS) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $1.24. This compares to loss of $0.98 per share a year ago. These figures are adjusted for non-recurring items.
Linde plc (Symbol: LIN) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as a superb track record of at least five years of dividen
Cisco Systems Inc (Symbol: CSCO) has been named as the ''Top Dividend Stock of the Nasdaq 100'', according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among the components of the Nasdaq 100 index, CSCO shares displayed
There was mixed action in global financial markets Wednesday, as European stocks responded to a surprise rate cut by the Bank of England while U.S. stock futures signaled a retreat from the prior day’s massive gains.
There was mixed action in global financial markets Wednesday, as European stocks responded to a surprise rate cut by the Bank of England while U.S. stock futures signaled a retreat from the prior day’s massive gains.
U.S. 10-year Treasury yields rose by 31 basis points—nearly a third of a percentage point—to 0.81% on Tuesday. That was the biggest single-day increase since 2009 in the benchmark rate.
Turkey's current account is expected to have recorded a deficit of $2.5 billion in January, a Reuters poll showed on Tuesday, after economic growth picked up pace in the last quarter of 2019.
Talk of possible fiscal stimulus helped boost markets Tuesday, as the Dow gained 1,167 points. Concerns that such aid won’t be forthcoming soon has the markets worried.
Keane Group, Inc. (NEX) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.