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.
U.S. equities cooled their heels after Tuesday’s big push to new record highs — led by mega-cap tech stocks in the Nasdaq Composite — as President Trump unveiled his tax plan.
The disappointment was palpable on a lack of specifics after months of teasing from the White House. Stocks have gained trillions in market cap value in anticipation of Trump’s proposed pro-business....More>>>
American families can afford bigger helping of Thanksgiving dinner this year.
A classic Thanksgiving dinner will cost$49.87 for a gathering of 10, just under $5 per person, according to figures out this week from the American Farm Bureau Federation. The total is a step back from 2015s all-time high of $50.11.
If you adjust for inflation, the price is lower this year than when we first....More>>>
CarMax (NYSE:KMX) reported a disappointing second quarter that saw revenues and earnings come up short. Revenues increased 3.1% thanks to a mix of new store openings and decent same-store unit comps, but excess used car inventories continued to weigh on pricing. Average selling prices on used cars fell 2.3% y/y and wholesale pricing declined 4.1%. Gross profit per vehicle fell 0.3%, and SG&A....More>>>
U.S. stocks edged higher today, with five benchmark indices all closing at record levels as oil prices climbed higher.
It didnt take much to set those records. The S&P 500 jumped 16.29 points, or 0.75%, to close at 2,198.19. The Dow Jones Industrials ended at 18,956.83 after climbing 88.83 points, or 0.5%, and the Nasdaq Composite rallied 47.35 points, or 0.9%,....More>>>
It's already happening. And it came faster than I expected. The fall in interest rates is here. Right now. Ten-year government bond rates have already declined from 2.60% last month to just 2.36%, as I write. And the move down is likely not over. Let me explain… Last month, I detailed why interest rates could surprise everyone and head lower in 2017.....More>>>