As the stock market has rallied sinceDonald Trump’s election in November, Constellation Brands (STZ) has basically sat it out, weighed down by concerns that a new tax plan would hurt the multinational alcoholic beverage company’s profits.
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Morgan Stanley’s Dara Mohsenian and team, however, contend that those concerns are way....More>>>
The QNX saga continues. I didn’t plan on publishing another BlackBerry (BBRY) article so soon; but I didn’t expect five year old news to be the new line of attack from short-sellers either. BlackBerry shorts are now playing up GMs move to android powered infotainment systems from Harman (which was known as early as 2012), as being the final nail in the coffin for BlackBerrys role in....More>>>
General Motors Co. (NYSE: GM) on Tuesday posted total October U.S. sales of 258,626 vehicles, a decrease of 1.7% compared with October 2015. Retail deliveries rose 2.5 points for the year to date to 208,290 units, and fleet deliveries slipped 3.7 percentage points for the year to date.
GMs new vehicle sales for October were forecast at 246,512 by analysts at Edmunds.com. WardsAuto had estimated....More>>>
Stocks will try to rebound from yesterday’s Fed-Ryan double whammy this morning after jobless claims fell more than expected.
S&P 500 futures have advanced 0.1%, while Dow Jones Industrial Average futures have ticked up 0.1%. Nasdaq Composite futures have risen 0.1%.
Bed Bath & Beyond (BBBY) has climbed 3% to $38.95 after beating....More>>>
Usually, when a company announces that it will sell more shares, its stock prices drops (dilution and all that). Not so WPX Energy (WPX), which announced that it would sell 49.5 million shares worth nearly $500 million. Citigroup’s Jeanine Wai and team explain why investors haven’t been put off by the offering:
The $50/Bbl Question Is Answered In....More>>>
State College, PA, based Investment company PFG Financial Advisors buys Colgate-Palmolive Co, BHP Billiton, SPDR S&P Insurance, WisdomTree MidCap Earnings Fund, General Electric Co, iShares Global Infrastructure ETF, Regions Financial, Ford Motor Co, Hormel Foods, iShares Core S&P Total U.S. Stock Market, sells iShares Core S&P Mid-Cap, iShares Core S&P Small-Cap, iShares Core MSCI....More>>>
The following stocks were moving the Transportation sector today.
Some of the biggest gainers among Transportation stocks include:
American Midstreampartners LP (AMID): AMID stock is up 4.48% today. Pampa Energia S.A. (PAM): PAM stock is up 3.84% today. Danaos Corp (DAC): DAC stock is up 5.88% today. Golden Ocean Gp Cmn (GOGL): GOGL stock is up 3.06% today. Companhia Paranaense De....More>>>
Related NCS Must Watch Stocks for May 31, 2016 Earnings Scheduled For May 31, 2016 NCI Building Systems beats by $0.03, beats on revenue (Seeking Alpha) Related VRA Earnings Scheduled For June 1, 2016 A Turnaround Is Coming At Vera Bradley Notable earnings before Wednesday's....More>>>