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
We think it’s +53 Bcf for this week’s storage report.
We are keeping our estimate unchanged for the week. If storage injections come in around our figure, year-over-year surplus will decrease by another 43 Bcf. Looking at our current projections, the year-over-year surplus will go away completely by Oct. 14 and go into deficit in the following weeks.
Deutsche Bank’s Myles Walton and Louis Raffetto explain why the cut General Dynamics (GD) to Hold from Buy:
[Gulfstream] G650 inventory and price trends quickly becoming a problem: With the bizjet malaise & the unique contribution that the G650 has to General Dynamics, weve kept a particular eye on that product as downside risk. Over the last five months, weve seen the available....More>>>
Millennials may have learned something from watching their parents struggle with debt. Or maybe not. What do you think is more probable: Being bitten by a snake, being attacked by a shark or going into credit card debt? Okay, this is a trick question, but who knew that people could fear something they have control over?
A recent survey by online lender Affirm found that,....More>>>
Note: This commentary has been updated to include today’s release of the July data for Real Personal Income Less Transfer Receipts.
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it bases its decisions. This committee statement is about as close as....More>>>
Facebook (NSDQ:FB) Inc. reported a strong set of Q3 numbers a week ago. However, theFacebook stock price has fallen by nearly 10% in 7 trading sessions following the announcement, as some analysts claimed ‘peak Facebook’ was now behind us. In an unexpected twist, the victory of Donald Trump in the US presidential elections has become the latest ‘thorn in the flesh’ for Facebook,....More>>>
Looking at 2017 as a whole, Barclays Brandon Oglenski sees plenty of reasons to be optimistic about cyclical and US centric stocks in general, and the commodity-exposed railroads specifically.
He writes that growing demand, higher interest rations, and inflation all create a compelling case for transports, especially as these companies, which book full domestic US taxes, would see great benefit....More>>>
WuXi AppTec announced a $910 million IPO on the Shanghai exchange for the company's core small-molecule CRO business. China regulators approved WuXi's prospectus in a short seven weeks, indicating that they are very eager to list the company, China's largest CRO, on a domest
U.S. stock-index futures pointed to a sharply lower open on Wednesday, the latest example of heavy day-to-day volatility being driven by concerns over the prospect of a trade war between China and the U.S.
Chinese officials said they plan to impose tariffs of up to 25% on 106 American pro