24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The third-quarter earnings reporting season has just kicked off and the broad markets are near all-time highs. They could look to keep pushing higher with the recent rally in the tech sector, and a strong earnings showing from these stocks could to keep this rally going.
The stock market’s post-election euphoria has subsided a bit. But the Dow is still trading above 19,000 — which means it is less than 5% away from topping the much sexier psychological milestone of 20,000 for the first time ever.
Will the Dow get past 20K anytime soon? Or will the Trump bump on Wall Street be replaced by the Trump slump?
Investors seem to be waiting....More>>>
Shares of Rogers Corp. (NYSE:ROG) gained 19.9% in April 2017, according to data from S&P Global Market Intelligence.
The company reported first-quarter results on April 26, sending share prices nearly 12% higher the next day. Rogers saw 27% year-over-year sales growth and 79% higher earnings, leaving analyst estimates far behind in both cases.
Much has been made of the stock markets record-setting performance since President Donald Trump won the race for the White House back in November.
Read: Yellen may have the clearest explanation for the stock markets record run
But Dow Joness data team offers more insight into how Trump stacks up compared with other presidents in their first 30 days in office, a milepost Trump hits....More>>>
Reports are circulating that AT&T (T) is preparing a bid for Time Warner (TWX). FBN’s Robert Routh speculates that CBS (CBS) could get involved. He explains why:
Photo: Michael Nagle/Bloomberg
Numerous media reports today have more than hinted AT&T is very close to announcing a deal to acquire Time Warner , possibly as soon as this weekend.
Earlier today, we highlighted one analyst who compared Tesla Motors (TSLA) to New York City in the 1970s and recommended investors sell now. Baird’sBen Kallo andTyler Frank, however, see recent weakness in Tesla as a buying opportunity. In a note released yesterday, they explained why:
2016 Tesla Model S
Reiterate Outperform and price target of $338. We are buyers on recent....More>>>