Like most of you, I don’t like to lose money. So you might be wondering why I was so quick to scoop up more shares of Gilead Sciences (NASDAQ:GILD) stock after its latest earnings report. After all, management shared a forecast for 2017 hepatitis C antiviral sales 39% lower than 2016 figures, and that’s at the high end of the provided range.
Before you assume I’ve....More>>>
While its closest rivals Domino’s (NYSE:DPZ) and Papa John’s (NASDAQ:PZZA) have steadily delivered impressive growth in the United States Yum! Brands (NYSE:YUM) Pizza Hut has struggled.
Domino’s saw its same store domestic sales grow by 13% in its most recent quarter, the 22nd consecutive quarter of positive sales in its U.S. business.Papa John’s has not done....More>>>
NVIDIA Corp. (NASDAQ: NVDA) reported fiscal fourth-quarter financial results after the markets closed on Thursday. With this earnings report NVIDIA is claiming to be on the cutting edge and ready to make a breakthrough with artificial intelligence. Although the results were positive, it was not necessarily a blowout quarter, which is why investors have sent shares lower for now at least.....More>>>
When gene sequencer giant Illumina (NASDAQ:ILMN) rolled out plans last month to replace the high-performance models of its instruments with a whole new lineup, the market cheered, and the stock rose 17% in a single day. But, revelations in the Q4 earnings report and conference call hint at some challenges the company will face in 2017. The new products are exactly what the company needs....More>>>
The stock market continued to climb sharply on Wednesday, sending major market benchmarks to record highs yet again and propelling the Dow Jones Industrials up more than 100 points. Economic data continued to support the notion that the U.S. economy remains strong, and rising inflation levels led many to conclude that the Federal Reserve is more likely than ever to follow through on its....More>>>
Gilead Sciences Inc. (NASDAQ: GILD) reported fourth-quarter earnings after markets closed on Tuesday. The company posted $2.70 in earnings per share (EPS) and $7.3 billion in revenue, compared with the consensus estimates from Thomson Reuters that called for $2.61 in EPS and $7.15 billion in revenue. The same period from last year had $3.32 in EPS and $8.51 billion in revenue.
The stock market is near record-high territory, and it’s getting difficult to find beaten-up stocks to buy at a discount. However, one notable exception is real estate investment trusts (REITs) which have taken a beating as interest rates started to rise. Here are three REITs, all of which have dropped more than 10% over the past six months, that may be worth a look.
The State of California Department of Motor Vehicles recentlyapproved Subaruto be on its list of cars approved under its Testing AutonomousVehicles program. This brings its list of companies that have permits to test next-generation self-driving cars to 22. Many of the firms on the list are famous, global vehicle manufacturers. Nearly as many are not household names, or brands that anyone....More>>>
Applied Materials (NASDAQ:AMAT) made investors very happy last year as the company’s stock price rose more than 74%. And that growth has continued into this year, with Applied Materials up more than 10% since the beginning of 2017.
The stock price spikes were caused by the company’s record-high revenues, optimism from software sales, and the company’s ability to....More>>>
Shares of Sierra Wireless, Inc. (NASDAQ:SWIR) were up 29% as of 12:30 p.m. EST on Friday after the Internet of Things pure play reported strong fourth-quarter 2016 results.
Quarterly revenue climbed 12.5% year over year, to $163 million, and translated to adjusted net income of $8.8 million, or $0.27 per share. That’s up from $2.5 million, or....More>>>