Mid cap network communication platform makerUbiquiti Networks Inc (NASDAQ: UBNT) reportedfiscal Q4 2017 earnings before the market opened with shares surging 16.56% when the market closed. Revenues increased 23% year-over-year and 4.7% sequentially to $228.6 million, primarily driven by continued strong demand for new product offerings across the Company’s product lines. Enterprise Technology....More>>>
Related Benzinga's Top Initiations Barclays Bullish On Cotiviti Shares Related MDVN Mid-Afternoon Market Update: CIFC Rises Following Acquisition News; Marathon Oil Shares Slide 10 Biggest Mid-Day Gainers For Monday Pfizer Pays Up (Seeking Alpha) ....More>>>
Lam Research (LRCX) soared to the top of the S&P 500 today after beating earnings forecasts and raising its fourth-quarter guidance.
Lam Researchgained 6.9% to $136.17 today, while the S&P 500 declined 0.2% to 2,338.17.
Credit Suisse analysts Farhan Ahmad and John Pitzer and argues that Lam Research’s “new trough is higher than [its] old....More>>>
Peyto (OTCPK:PEYUF) is a Canadian E&P company whose production profile is dominated by dry gas (92%). With the low price of natural gas, it has been a tough couple of years for Peyto’s shareholders. That said, the company has maintained its dividend payout through the commodity price downturn. Recently natural gas prices have recovered from their lows, but Peyto’s stock has not kept....More>>>
Shares of Southwestern Energy (NYSE:SWN) fell sharply on Friday, and were down more than 11% by 3:00 p.m. EST. Fueling today’s sell-off was the company’s fourth-quarter results and 2017 guidance.
On the one hand, Southwestern Energy’s fourth-quarter results marked quite a turnaround for the company. That’s after it reported adjusted....More>>>
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CFRA’s Stewart Glickman explains why he downgraded shares of ExxonMobil (XOM) to Hold from Buy ahead of its earnings release before tomorrow’s market open:
Agence France-Presse/Getty Images
Shares are up 12% YTD despite what we view as deteriorating refining fundamentals and mediocre upstream prospects. Ahead of tomorrow’s Q3 call, we cut our ’16 EPS....More>>>
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Can I take a tax deduction for my long-term-care insurance premiums?
Take Our Quiz: Is It Tax Deductible?
Maybe. If you have a tax-qualified long-term-care insurance policy, you may be able to deduct a portion of your premiums as a medical expense. (Most traditional long-term-care policies qualify, but ask your insurer.) You can deduct eligible out-of-pocket medical expenses only....More>>>
Toronto, Ontario, A6, based Investment company Toron Capital Markets Inc. buys Enbridge Inc, Teck Resources, Agnico Eagle Mines, Johnson Controls International PLC, Crescent Point Energy Corp, Occidental Petroleum Corp, Vail Resorts Inc, Thomson Reuters Corp, iShares MSCI ACWI Index Fund, Philip Morris International Inc, sells CAE Inc, Rogers Communications Inc, Shaw Communications Inc, CGI Group....More>>>