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Mid-Day Market Update: Crude Oil Up Over 1%; Achaogen Shares Plunge
Tuesday, June 26, 2018 - 11:15am | 735Midway through trading Tuesday, the Dow traded up 0.22 percent to 24,307.09 while the NASDAQ climbed 0.31 percent to 7,554.99. The S&P also rose, gaining 0.21 percent to 2,722.83. Leading and Lagging Sectors On Tuesday, the information technology shares surged 0.58 percent. Meanwhile, top...
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Mid-Morning Market Update: Markets Open Higher; Lennar Tops Q2 Estimates
Tuesday, June 26, 2018 - 9:25am | 683Following the market opening Tuesday, the Dow traded up 0.36 percent to 24,339.54 while the NASDAQ climbed 0.54 percent to 7,572.79. The S&P also rose, gaining 0.41 percent to 2,728.11. Leading and Lagging Sectors Tuesday morning, the information technology shares surged 0.80 percent. Meanwhile...
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26 Stocks Moving In Tuesday's Pre-Market Session
Tuesday, June 26, 2018 - 7:00am | 989Gainers Lee Enterprises, Incorporated (NYSE: LEE) rose 37.5 percent to $3.30 in pre-market trading following news that it will manage Berkshire Hathaway’s newspaper and digital operations in 30 markets. Achieve Life Sciences, Inc. (NASDAQ: ACHV) shares rose 29 percent to $4.90 in pre-market...
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8 Stocks To Watch For June 26, 2018
Tuesday, June 26, 2018 - 4:29am | 411Some of the stocks that may grab investor focus today are: Wall Street expects Lennar Corporation (NYSE: LEN) to report quarterly earnings at $0.45 per share on revenue of $5.10 billion before the opening bell. Lennar shares rose 0.16 percent to $49.30 in after-hours trading. Analysts expect...
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Earnings Scheduled For June 26, 2018
Tuesday, June 26, 2018 - 3:07am | 425Companies Reporting Before The Bell FactSet Research Systems Inc. (NYSE: FDS) is projected to report quarterly earnings at $2.13 per share on revenue of $339.57 million. IHS Markit Ltd. (NASDAQ: INFO) is estimated to report quarterly earnings at $0.57 per share on revenue of $974.12 million....
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What To Do With Homebuilders Stocks
Friday, April 13, 2018 - 3:06pm | 589After a stellar 2017, the homebuilder sector is off to an inauspicious start in 2018. The major homebuilder ETFs are all down between 7 to 11 percent year-to-date, and two of the major homebuilder stocks—D.R. Horton Inc (NYSE: DHI) and NVR, Inc. (NYSE: NVR) are down about 10 percent; a third...
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5 Biggest Price Target Changes For Friday
Friday, April 13, 2018 - 8:59am | 153Raymond James lowered the price target for Lennar Corporation (NYSE: LEN) from $86 to $76. Lennar shares closed at $56.75 on Thursday. Benchmark boosted the price target on Mellanox Technologies, Ltd. (NASDAQ: MLNX) from $80 to $90. Mellanox shares closed at $77.55 on Thursday. Stifel...
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Mid-Afternoon Market Update: Dow Turns Positive; RMG Networks Holding Shares Plummet
Wednesday, April 4, 2018 - 1:33pm | 599Toward the end of trading Wednesday, the Dow traded up 0.34 percent to 24,114.88 while the NASDAQ climbed 0.70 percent to 6,990.17. The S&P also rose, gaining 0.53 percent to 2,628.38. Leading and Lagging Sectors Wednesday afternoon, the consumer staples shares gained 0.93 percent. Meanwhile,...
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8 Stocks To Watch For April 4, 2018
Wednesday, April 4, 2018 - 3:14am | 396Some of the stocks that may grab investor focus today are: Wall Street expects CarMax Inc. (NYSE: KMX) to report quarterly earnings at $0.88 per share on revenue of $4.21 billion before the opening bell. CarMax shares declined 0.60 percent to $59.60 in after-hours trading. Dave & Buster...
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Earnings Scheduled For April 4, 2018
Wednesday, April 4, 2018 - 3:06am | 229Companies Reporting Before The Bell Acuity Brands, Inc. (NYSE: AYI) is estimated to report quarterly earnings at $2.12 per share on revenue of $801.80 million. CarMax Inc. (NYSE: KMX) is projected to report quarterly earnings at $0.88 per share on revenue of $4.21 billion. Lennar...
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Homebuilders And Housing: Spring Selling Season Is Starting Up
Tuesday, March 27, 2018 - 8:33am | 985Between low unemployment rates and strong consumer confidence, combined with record low interest rates, tight supply and high prices, the housing sector has benefitted from a variety of tailwinds in recent years. U.S. economic growth has accelerated in recent quarters and unemployment has held...
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Existing Home Sales Rise In February, Homebuilders Gain
Thursday, March 22, 2018 - 10:19am | 923Sales of previously owned homes increased in February 2018, despite low inventory and higher prices. The data came in as a breather after the last two month disappointed in terms of existing home sales. Exchange traded funds or ETFs that track the homebuilding industry gained on Wednesday, after...
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Benzinga's Top Upgrades, Downgrades For February 23, 2018
Friday, February 23, 2018 - 9:44am | 811Top Upgrades Analysts at William Blair upgraded Financial Engines Inc (NASDAQ: FNGN) from Market Perform to Outperform. Financial Engines shares gained 5.34 percent to $31.55 in pre-market trading. Bernstein upgraded FedEx Corporation (NYSE: FDX) from Market Perform to Outperform. FedEx...
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Benzinga's Top Upgrades, Downgrades For February 7, 2017
Wednesday, February 7, 2018 - 9:19am | 880Top Upgrades JP Morgan upgraded Wynn Resorts, Limited (NASDAQ: WYNN) from Neutral to Overweight. Wynn Resorts shares rose 8.75 percent to $177.50 in pre-market trading. Bank of America upgraded Horizon Global Corp (NYSE: HZN) from Underperform to Buy. Horizon Global shares rose 0.51...
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5 Biggest Price Target Changes For Monday
Monday, January 22, 2018 - 10:29am | 160Bernstein raised Lowe's Companies, Inc. (NYSE: LOW) price target from $69 to $125. Lowe's shares closed at $104.95 on Friday. Credit Suisse boosted the price target for Lennar Corporation (NYSE: LEN) from $67 to $81. Lennar shares closed at $71.82 on Friday. Raymond James...