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.
U.S. equities melted higher on Thursday, pushing large-caps to new record highs, thanks to strength in crude oil (providing much needed relief to the energy sector after Wednesday’s decline) driven by a larger-than-expected inventory drawdown. In fact, it was the largest draw since 2016 even as production hits a 21-month high, suggesting strong-end demand.
New York, NY, based Investment company J. Goldman & Co LP buys Dell-VMWare Tracking Stock, Altaba Inc, Knight-Swift Transportation Holdings Inc, Big Lots Inc, FedEx Corp, Sentinel Energy Services Inc, Cognizant Technology Solutions Corp, PG&E Corp, NXP Semiconductors NV, General Motors Co, sells Time Warner Inc, B&G Foods Inc, Michael Kors Holdings, CyberArk Software, Dollar Tree Inc....More>>>
AMD stock has fallen by close to16% this month. Should youbuy in? Flickr
Shares of Sunnyvale, California-based Advanced Micro Devices Inc (NASDAQ:AMD)have now fallen by close to 16% this month, following Thursday’s 3.5% correction. In fact, the sentiment around the stock has been so bearish that markets have even ignored the positive reviews that its recently launched Ryzen 5....More>>>
At long last, chip giant Intel (NASDAQ:INTC) opened up about its upcoming 10-nanometer chip manufacturing technology, at its first-ever Technology and Manufacturing Day. The company has — frustratingly — kept key details of this technology under wraps for years now, but Intel is now putting them out there for all to see.
Without further ado, let’s look at what Intel had....More>>>
Shares of Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM) are rising today, but not Wells Fargo (WFC) despite beating earnings forecasts this morning. Why? Evercore ISI’s John Pancari and team single out Wells Fargo’s exposure to energy:
Patrick T. Fallon/Bloomberg News
Wells Fargo reported 1Q16 EPS of $0.99. Ex gain on sale of Wells Fargo’s crop....More>>>
Valeant Pharmaceuticals (NYSE:VRX) shares are on a tear, and the company’s first-quarter financial results show that management is making headway in paying down debt. However, the business itself continues to sputter, and ultimately this rally could be short-lived if sales can’t find their footing.
The good news
Valeanthas been struggling to offset declining sales following....More>>>
Welcome to another edition of “3 Things in Biotech You Should Learn Today.” Yours truly is currently mired in post-ASCO craziness, with lots of news finally coalescing and being interpreted. Like did you know that in colorectal cancer it looks like we might be attacking with chemotherapy too aggressively? There were all kinds of major updates there that we will be mulling for years.
Billionaires Warren Buffett and George Soros earned their vast fortunes by consistently finding gems lying in plain sight. And after decades of running their own investment businesses, these superinvestors remain as active as ever.
Individual savers interested in learning from or investing alongside these financial legends need to look no further than the 13-F filings that all large investment....More>>>
A December interest rate hike is on the table and investors have been frantically reallocating their portfolios in anticipation of the announcement. The probability of an interest rate hike at the December 14th FOMC meeting, according to action in the futures market, is currently implied at 95.4%. The image below shows the latest probabilities from CME Group’s Fed Watch Tool
Shares of NetGear, Inc. (NASDAQ:NTGR) reached a new 52-week high during trading on Tuesday after BidaskClub upgraded the stock from a buy rating to a strong-buy rating. The company traded as high as $72.30 and last traded at $71.55, with a volume of 8070 shares traded. The stock had previously c
The Macy’s (NYSE: M) Thanksgiving Day Parade dates back to 1924. It is a major PR event for the troubled department store and companies that have balloons showcasing their products. Not only do these parade past tens of thousands of people onNew York City’s West Side, the event is tel
Value investing and GDP growth look primed for a turnaround; out-of-favor value stocks stand to benefit.
Department store operator Kohl's is also showing signs of a turnaround; management's willingness to try new initiatives appears to be bearing fruit.
With almost 30 percent upside an
There are 165 publicly traded real estate investment trusts listed on the NYSE and NASDAQ exchanges that have market capitalizations of $250 million or more as of this writing. However, it can often be a smart idea to look at the biggest and strongest companies in any particular sector, as thes
Disney (DIS ) upped the ante to $70 billion in cash and stock for key 21st Century Fox (FOXA ) assets, one week after Comcast (CMCSA ) outbid the company’s initial offer. Shares of Disney jumped over 1% on Wednesday following the news, which means now is a good time to see if Disney sto