Shares of O'Reilly Automotive Inc. (NASDAQ:ORLY), one of the largest retailers of aftermarket automotive parts, tools, and accessories, are popping 10% Thursday as of 12:17 p.m. EDT after announcing a strong first quarter and raising guidance.
The ongoing trade conflict between United States and China is showing no signs of abatement. President Trump’s imposition of tariffs on Chinese imports in March triggered the trade war and it has only escalated with time. On May 15, Terry Branstad, the U.S. Ambassador to China, stated that the United States and China are “very far apart” on a resolution to the trade war.
Last week Renewable Energy & Power, Inc. (OTC PINK : RBNW ), a diversified corporation with markets in energy-saving technologies of LED lighting, solar and wind energy, announced a large San Francisco Bay Area electronic assembly corporation has approved the installation of 1,275 LED lights for their entire main campus.
This is the third such announcement in as many....More>>>
As China’s annual legislative gathering goes into a fourth day, it’s becoming clearer which industries stand to benefit, and those that won’t.
Increased military spending, updates on plans to build new urban zones, support for the health-care industry and easier lending rules for banks have been among the best investment themes for the week, even as the rising risk of....More>>>
Thor Industries (NYSE:THO) posted excellent results for FQ4 to cap off a strong year. Revenues increased 21.7%, beating estimates by a wide margin, and EPS of $1.57 came in ahead of estimates at $1.57. Net income from continuing operations increased 20.1% y/y. I have to admit I was surprised by the results. I expected that a weakening US economy would take its toll on the RV sector. In hindsight,....More>>>
Mid cap electronic manufacturing services (EMS) stock Jabil Circuit, Inc (NYSE: JBL), whos biggest customer would be Apple Inc (NASDAQ: AAPL), reported preliminary, unaudited financial results fiscal Q3 2017 earnings along with guidance that beat expectations. Net revenue was $4,490 million versus $4,311 million asDiversified Manufacturing revenue increased 14% whileElectronics Manufacturing revenue....More>>>
Americans nearing and in retirement don’t know enough about retirement income planning according to a new survey by The American College of Financial services, as roughly 75% of survey respondents failed the 38-question retirement planning quiz. (The quiz can be taken here.) The research surveyed a total of 1,244 Americans between February 16, 2017 and March 1, 2017. The literacy rate survey....More>>>
Take Wall Streets forecasts on 10-year Treasury yieldsa crucial benchmarkwith a big grain of salt.
According to a Thursday note by Torsten Slok, chief international economist for Deutsche Bank, Wall Street analysts have been embarrassingly off the mark when asked to forecast where rates were headed.
He compared the last 15 years worth of forecasts from the Feds Survey of Professional....More>>>
AQR Capital Management’s Cliff Asness has launched a healthy discussion about the trials and tribulations of factor timing with a new essay (“The Siren Song of Factor Timing”). He’s recommends that investors steer clear, which is good advice because the crowd’s record, in the aggregate, to successfully engage in market-timing activities generally is overwhelmingly poor.....More>>>
If data is the new oil, then semiconductors are the new rigs. Back in 2000s, millions of us were users of Yahoo (NASDAQ:YHOO), and in 2017, billions of us are using Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Facebook (NASDAQ:FB). What would trillions of devices use in 2035 is anybody’s guess. But one thing is certain that whatever data those devices consume,....More>>>
CohBar, Inc. is a leader in the research and development of mitochondria based therapeutics (MBTs), an emerging class of drugs with the potential to treat a wide range of diseases associated with aging and metabolic dysfunction including non-alcoholic st
Shares ofGoPro (NASDAQ:GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower
After eight-straight losing sessions, the Dow Jones Industrial Average ($DJI) might draw support Friday from stronger overseas markets overnight. Without much data or earnings news on the calendar, the focus sits squarely on OPEC amid talk that a crude oil production increase might be in the card
Headlines about MeiraGTx (NASDAQ:MGTX) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative