Energy was a key sector driving profits for S&P 500 index in 2017. Per the latest Earnings Trends, the index witnessed year-over-year earnings growth of 7.1% last year. However, excluding the Energy sector, the index’s earnings growth fell drastically to 4.4%.
History repeats itself. The age-old mantra. Snapchat’s parent company Snap (Private:CHAT) recently filed for an initial public offering. It’s on track to be the largest domestic social media IPO since Facebook (NASDAQ:FB).
Snapchat’s largest user demographic is Generation Y (Millennials) and Generation Z (iGeneration) and it has roughly 150 million users.
An East Coast blizzard hasn’t stopped the Federal Reserve from its two-day meeting.
A Fed rate hike is expected at the end of its widely watched meeting Wednesday. It would be the Fed’s second rate hike since December and a sign that the central bank’s leaders are moving interest rates up at a faster pace this year.
Apple (NASDAQ:AAPL) knows what it’s doing. The company is a market leader in many fields, and would often rather abandon a product category rather than struggle on as a minor competitor to bigger and better rivals.
But even mighty Apple does the occasional swing-and-a-miss routine. And some of Cupertino’s whiffs come in vibrant billion-dollar markets.
It’s been an interesting few years for T-shirt manufacturer Delta Apparel (NYSEMKT:DLA). A huge spike in cotton prices in 2011 helped turn a near-$2 EPS in FY11 into a loss in FY12. (DLA fiscal years then ended in June; the company moved to September in 2013.) Delta managed to recover in FY13, getting EPS back over $1 – and then the company’s Soffe brand started falling apart,....More>>>
This Top Pick is a small-cap manufacturer that sells premium heating, ventilating, and cooling equipment; it is recommended for the enterprising dividend growth investor, suggests Matthew Castel, money manager and editor of Logos LP Blog.
Aaon Inc. (AAON) is an Oklahoma-based, family-owned and operated firm, with 23.54% insider ownership. It is an excellent business to own for the....More>>>
The Zephirin Group’s Longdley Zephirin contends that the oil market “needs to collapse before it can improve” but that didn’t stop him from upgrading Transocean (RIG), Diamond Offshore Drilling (DO), Ensco (ESV), and Rowan (RDC). He explains why:
In our opinion, the industry and investors are waiting for oil prices to increase to propel the industry forward for the....More>>>
Cliffs Natural Resources (CLF) shares have been under pressure since March. The downside was very significant -- a stock that traded around $12 at its highs traded below $6 a few days ago. However, it appears as if the downside momentum has finally ended and Cliffs is able to return to the previo
A rather unusual thing has just happened with Cliffs Natural Resources (NYSE:CLF). The company issued a press release which stated that Barron's and Axiom Capital Management issued materially misleading statements regarding Cliffs' CEO share purchases. Cliffs stated that it believed that the
I'm getting questions from readers about Cliffs Natural Resources (NYSE:CLF), and I guess it's high time for pre-earnings update. CLF stock has recently been dragged down by major downside in iron ore prices. Technical factors (the successful downside breakout of the $8.30 level) also contri
United States Steel Corporation (NYSE:X) stock simmered out of the gate today, but surged after President Trump signed a directive for an investigation into any adverse effects foreign steel has had on domestic producers.