Analysts forecast that Hertz Global Holdings, Inc (NYSE:HTZ) will post sales of $1.97 billion for the current quarter, Zacks reports. Two analysts have issued estimates for Hertz Global’s earnings. The highest sales estimate is $1.98 billion and the lowest is $1.97 billion. Hertz Global po
Source: ThinkstockFebruary 28, 2018: The S&P 500 closed down 1.1% at 2,713.80. The DJIA closed down 1.5% at 25,027.96. Separately, the Nasdaq was down 0.8% at 7,273.01.
Wednesday was another down day for the broad U.S. markets with all three of the major exchanges closing lower on the day. The Dow took the worst of the punishment with losses over 300 points. Note that again most of this....More>>>
At long last, chip giant Intel (NASDAQ:INTC) opened up about its upcoming 10-nanometer chip manufacturing technology, at its first-ever Technology and Manufacturing Day. The company has — frustratingly — kept key details of this technology under wraps for years now, but Intel is now putting them out there for all to see.
Without further ado, let’s look at what Intel had....More>>>
A number of years ago, Warren Buffett referred to derivatives as “financial weapons of mass destruction.” Since then, Wall Street has tried to pooh-pooh this description, but the facts speak for themselves.
See Also: 7 Best Dividend Stocks for a Rocky Market
What is a derivative? Basically, it’s a bet couched as a complex financial instrument. Investopedia defines....More>>>
Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.
Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for....More>>>
(NEWSER) If a company plans to help customers showcase their “local pride,” said company should probably have some basic local knowledge. That might not have been the case with Target, whose series of flawed, Boston-themed T-shirts came under attack this week. ATwitter userwas among the first to draw attention to numerous misspellings (Jamaica Plain is Jamaca Plain, for instance) on....More>>>
Source: ThinkstockMay 16, 2017: The S&P 500 closed relatively flat on the day at 2,400.58. Separately the DJIA closed at 20,978.21. The Nasdaq actually closed up 0.3% at 6,169.87, hitting another high in the session.
Tuesday was a relatively flat day for the markets. The tech sector saw the best gains in the session. Retail stocks were largely negative and were the driving force....More>>>
December 7, 2016: Here are four stocks trading with relatively heavy volume among 34 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by more than 3 to 1 and on the Nasdaq advancers led decliners by nearly 2 to 1.
Hanesbrands Inc. (NYSE: HBI) dropped about 5.9% on Wednesday to post a new 52-week low of $21.50 after closing at $22.86 on Tuesday.....More>>>
April 18, 2017: Here are four stocks trading with relatively heavy volume among 85 equities making new 52-week lows in Tuesday’s session. On the NYSE, decliners led advancers by about 8 to 7 and on the Nasdaq advancers led decliners by about 7 to 6.
Arena Pharmaceuticals Inc. (NASDAQ: ARNA) posted a new 52-week low of $1.20 on Tuesday, down about 19% compared with Monday’s....More>>>
Marathon Peotroleum Corporation (NYSE:MPC) is a refining and midstream company. Recently, the company reported a very decent quarterly report, with approximately $801 million in net income. This result comes in a time where the crack spread, which refiners depend on, faces strong headwinds. Regardless, the strong net income dwarfs its dividend payment of $150 million....More>>>
Pedro Parente, lauded for turning around Brazil’s state-oil giant Petrobras SA, agreed to become chairman of struggling food conglomerate BRF SA, a breakthrough that may end several weeks of fighting among shareholders over who will sit on its board.
The Dow Jones today jumped 200 points in pre-market trading, as bullish investors reacted to stellar earnings reports from Netflix Inc. (Nasdaq: NFLX) and Goldman Sachs Group Inc. (NYSE: GS). Markets are likely to continue to rise on what is expected to be the strongest earnings sea