Aqua America (NYSE:WTR) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.45-1.50 for the period, compared to the Thomson Reuters consensus estimate of $1.49.
Several research firms have recently weighed in on WTR. Macquarie set
Walmart (NYSE:WMT) impressed investors on Tuesday with solid financial results for its fourth quarter of fiscal 2019. Revenue rose 3.1% year over year when excluding currency changes. In addition, the company's comparable-store sales increased 4.2% year over year in the U.S. -- an acceleration
The global diamond trade is slowing, and the world’s top supplier is blaming India’s crackdown on illicit cash.
De Beers’ sales of rough diamonds dropped to $418 million from $476 million over the past month, according to data from parent company Anglo American (AAUKF). That decline, the company said, is mainly because India decided to ban 500 and 1,000 rupee notes its....More>>>
Timing the market is easily one of the most difficult parts of trading. In particular, calling the market bottom and knowing when to get in is usually something investors only know way after the fact. 24/7 Wall St. is looking back to when the S&P 500 bottomed back in March 2009 to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed....More>>>
Cisco Systems, Inc. (NASDAQ: CSCO) reported fiscal third-quarter financial results after markets closed Wednesday. The networking giant said that it had $0.60 in earnings per share (EPS) and $11.9 billion in revenue, which compares with consensus estimates from Thomson Reuters that called for $0.58 in EPS and $11.9 billion in revenue. The same period from last year had $0.57 in EPS and $12.0 billion....More>>>
ContraVir Pharmaceuticals (CTRV) is a clinical-stage biotech company focused on the development of small-molecule antivirals for Chronic Hepatitis B. ContraVir has developed a strong Hepatitis B pipeline consisting of two small-molecule antiviral agents. With a novel cyclophilin inhibitor and a next-generation reverse transcriptase inhibitor, ContraVir hopes to become the first....More>>>
On Monday, our Under the Radar Moversnewsletter suggested shorting small cap secure technologies stock Document Security Systems (NYSEMKT: DSS):
This one’s been on our watchlist for a while, but finally gave us the clues we’ve been waiting on. One of them is the upside-down hammer-shaped bar from Wednesday, and the follow-through — to the downside — since then. Today’s....More>>>
Fellow contributor Giovanni DiMauro published a bearish take on Valeant Pharmaceuticals (NYSE:VRX) with which I strongly disagree. I’ll start by going over DiMauro’s points (between quotes) where I hold a variant view and summarize my bullish take at the end.
CEO Joseph Papa mislead investors in August when he reaffirmed guidance for the year. The company missed miserably on earnings....More>>>
Berkshire Hathaway CEO Warren Buffett (Trades, Portfolio) extolled many of his portfolio holdings for repurchasing their shares, “some quite aggressively,” in his 2016 annual letter. Buffett, who is price-conscious and won’t repurchase his own companies’ shares at more than 1.2 times book value, a statement he last made good on in 2012, approved of his investees’....More>>>
Another day, another rumor about Apple (NASDAQ:AAPL). While it's all part of being an Apple investor, sometimes there's more to the stories than just idle gossip. It can be particularly intriguing when several reports coalesce to something that's more than the sum of their parts, suggesting that
Warren Buffett just tipped his hand. Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) reveals what stocks it's recently sold in a filing with the Securities and Exchange Commission every quarter, and that filing was released on Thursday. The list includes an airline stock, an energy stock, and a su
One of the bigger success stories for Apple (NASDAQ:AAPL) in recent years has been the launch of its wireless AirPods in late 2016. AirPods opened up what appears to be an incremental multibillion-dollar revenue stream. And, given how seamlessly AirPods work across the company's product portfo
Shares of Netflix (NFLX ) have soared over 55% since Christmas, to crush Facebook (FB ) , Amazon (AMZN ) , and its other FAANG peers. Despite this impressive resurgence, NFLX stock rests roughly 15% below its 52-week high. This means now might be time for some investors to think about buying Ne
On February 11, Apple (NASDAQ:AAPL) announced that it's reached a deal with the U.S. Department of Veterans Affairs (VA) to make its Health Records feature available to veterans using the iPhone. This is a huge deal for Apple, as the first record-sharing platform of its kind available to VA pati