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Top Performing Industries For April 5, 2016
Tuesday, April 5, 2016 - 9:32am | 254At 10:30 am, the Dow fell 0.33 percent to 17,678.55, the broader Standard & Poor's 500 index moved down 0.67 percent to 2,052.29 and the NASDAQ composite index declined 0.46 percent to 4,869.48. The industries that are still afloat in the market today are: Home Furnishing Stores: This...
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Top Performing Industries For March 15, 2016
Tuesday, March 15, 2016 - 9:33am | 230At 10:30 am, the Dow fell 0.23 percent to 17,189.86, the broader Standard & Poor's 500 index moved down 0.47 percent to 2,010.11 and the NASDAQ composite index declined 0.55 percent to 4,724.19. The industries that are still afloat in the market today are: Electronic Equipment: This industry...
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EXCLUSIVE: A Lot Has To Happen For Whitney Tilson To Close His Lumber Liquidators Short Position
Tuesday, March 8, 2016 - 4:46pm | 235Lumber Liquidators Holdings Inc (NYSE: LL) shares fell 15 percent on Tuesday after Whitney Tilson revealed he was -- again -- shorting the company. In a new email to Benzinga, Tilson explained that quite a bit would have to happen for him to close his current short position. "If I'm...
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Valspar Slightly Hit By KeyBanc Bearishness
Tuesday, March 8, 2016 - 9:58am | 264KeyBanc Capital Markets’ Ivan M. Marcuse downgraded the rating for The Valspar Corp (NYSE: VAL) to Sector-Weight, saying that the company’s current stock valuation fairly reflected its positives and negatives. The impact of tough global industrial markets, including China, and an...
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Buy Sherwin-Williams, Sell Valspar? These Guys Are
Thursday, March 3, 2016 - 9:34am | 264Citi's P.J. Juvekar upgraded the rating for Sherwin-Williams Co (NYSE: SHW) from Neutral to Buy, while raising the price target from $281 to $316. He expects the company's shares to be driven by the good response to the company's Infinity product line at Lowe's Companies, Inc. (NYSE: LOW) stores....
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Lumber Liquidators Sales Could Get Worse Before Getting Better, Street Warns
Tuesday, March 1, 2016 - 9:04am | 188Jefferies’ Daniel Binder maintained a Hold rating for Lumber Liquidators Holdings Inc (NYSE: LL), while reducing the price target from $14 to $11. He said that Lumber Liquidators continued to witness declining sales amid consumer product concerns resulting in significant expense deleverage...
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Mid-Day Market Update: US Stocks Gain; United Natural Foods Shares Slide Following Weak Forecast
Monday, February 29, 2016 - 12:09pm | 646Midway through trading Monday, the Dow traded up 0.45 percent to 16,715.41 while the NASDAQ gained 0.60 percent to 4,618.00. The S&P also rose, gaining 0.47 percent to 1,957.29. Leading and Lagging Sectors On Monday, basic materials shares rose by 1.72 percent. Top gainers in the sector...
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Mid-Morning Market Update: Markets Mostly Lower; Lumber Liquidators Misses Q4 Estimates
Monday, February 29, 2016 - 10:17am | 653Following the market opening Monday, the Dow traded down 0.17 percent to 16,612.10 while the NASDAQ gained 0.08 percent to 4,594.07. The S&P also fell, dropping 0.18 percent to 1,944.55. Leading and Lagging Sectors On Monday, basic materials shares rose by 0.55 percent. Top gainers in the...
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Stocks Hitting 52-Week Lows
Monday, February 29, 2016 - 10:12am | 1611347 Property Insurance Holdings Inc (NASDAQ: PIH) shares touched a new 52-week low of $5.77 after the company reported preliminary estimate of catastrophe losses during its first quarter. Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) shares fell 6.91 percent to reach a new 52-week low of $8.62...
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Earnings Scheduled For February 29, 2016
Monday, February 29, 2016 - 4:04am | 1128Hertz Global Holdings Inc (NYSE: HTZ) is estimated to post its quarterly earnings at $0.04 per share on revenue of $2.52 billion. Lumber Liquidators Holdings Inc (NYSE: LL) is projected to report a quarterly loss at $0.20 per share on revenue of $254.46 million. Valeant Pharmaceuticals Intl Inc (...
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Mid-Afternoon Market Update: US Stocks Turn Higher; Avis Budget Shares Drop On Weak Outlook
Wednesday, February 24, 2016 - 3:16pm | 555Toward the end of trading Wednesday, the Dow traded up 0.23 percent to 16,470.24 while the NASDAQ climbed 0.70 percent to 4,535.12. The S&P also rose, gaining 0.34 percent to 1,927.70. Leading and Lagging Sectors On Wednesday, energy shares rose by 0.26 percent. Top gainers in the sector...
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Lowe's Trims Losses After Nosedive Following Q4 Report
Wednesday, February 24, 2016 - 2:21pm | 85Lowe's Companies, Inc. (NYSE: LOW) are trading lower by $0.70 at $67.20 in Wednesday's session. It has been a volatile session for the issue following an inline Q4 report for EPS and slight beat for revenues. The company issued modestly higher FY2016 EPS guidance. After a lower open, it quickly...
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Mid-Day Market Update: Ixia Surges On Upbeat Results; Advisory Board Shares Slide
Wednesday, February 24, 2016 - 12:00pm | 549Midway through trading Wednesday, the Dow traded down 1.22 percent to 16,231.30 while the NASDAQ slipped 1.20 percent to 4,449.48. The S&P also fell, dropping 1.18 percent to 1,898.53. Leading and Lagging Sectors On Wednesday, utilities shares slipped by just 0.5 percent. Top gainers in the...
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Mid-Morning Market Update: Markets Open Lower; Lowe's Revenue Beats Views
Wednesday, February 24, 2016 - 10:06am | 550Following the market opening Wednesday, the Dow traded down 1.34 percent to 16,210.99 while the NASDAQ slipped 1.52 percent to 4,435.00. The S&P also fell, dropping 1.32 percent to 1,895.83. Leading and Lagging Sectors On Wednesday, utilities shares slipped by just 0.05 percent. Top gainers in...
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A Buying Opportunity With Homebuilders ETFs
Wednesday, February 24, 2016 - 7:08am | 462The SPDR S&P Homebuilders ETF (NYSE: XHB) is down 10.6 percent year-to-date, dragged lower by negative treatment of the broader consumer discretionary sector. However, investors might want consider XHB's woes as an opportunity to embrace, not ignore, the fund. Correction Territory XHB...