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A Peek Into The Markets: US Stock Futures Gain Following Fed Decision
Thursday, December 16, 2021 - 6:43am | 785Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones jumped more than 300 points in the previous session. The Federal Reserve maintained its target fed funds rate range of between zero and 0.25% but said it will be accelerating its monthly asset purchase...
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5 Stocks To Watch For December 16, 2021
Thursday, December 16, 2021 - 5:20am | 303Some of the stocks that may grab investor focus today are: Wall Street expects Accenture plc (NYSE: ACN) to report quarterly earnings at $2.36 per share on revenue of $12.61 billion before the opening bell. Accenture shares rose 1.3% to $380.00 in after-hours trading. Nordson Corporation (NASDAQ...
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A Peek Into The Markets: US Stock Futures Mixed; All Eyes On Fed Rate Decision
Wednesday, December 15, 2021 - 6:56am | 775Pre-open movers U.S. stock futures traded mixed in early pre-market trade after the Dow Jones dropped more than 100 points in the previous session. Investors are awaiting earnings results from ABM Industries Incorporated (NYSE: ABM), Lennar Corporation (NYSE: LEN) and The Toro Company (NYSE: TTC...
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5 Stocks To Watch For December 15, 2021
Wednesday, December 15, 2021 - 5:16am | 363Some of the stocks that may grab investor focus today are: Wall Street expects ABM Industries Incorporated (NYSE: ABM) to report quarterly earnings at $0.80 per share on revenue of $1.64 billion before the opening bell. ABM shares rose 0.1% to $46.00 in after-hours trading. Tesla Inc (NASDAQ:...
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10 Biggest Price Target Changes For Thursday
Thursday, September 23, 2021 - 7:53am | 389Deutsche Bank reduced the price target for FedEx Corporation (NYSE: FDX) from $375 to $280. FedEx rose 0.5% to $230.18 in pre-market trading. Raymond James raised Lennar Corporation (NYSE: LEN) price target from $105 to $120. Lennar shares fell 0.1% to $98.00 in pre-market trading. Needham...
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After Today's Fed Meeting, Investors Are Stuck With Contradictory Reports On Evergrande And The Debt Ceiling
Wednesday, September 22, 2021 - 10:11am | 1693Stocks appear set to open higher on Wednesday ahead of the Fed announcement. However, there’s no expectation that interest rates will change. Instead, investors will likely be looking for any signals of a delay in tapering plans. Currently, the feeling is that the risk of Evergrande becoming...
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Lennar Q3 EPS Misses Consensus, Warns On Supply Chain Constraints
Tuesday, September 21, 2021 - 8:26am | 239Lennar Corp (NYSE: LEN) reported third-quarter FY21 sales growth of 18% year-on-year, to $6.94 billion, beating the analyst consensus of $6.86 billion. Homebuilding revenues rose 19% Y/Y. Home deliveries for the quarter increased 10% Y/Y to 15,199, about 600 homes below the low end...
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5 Stocks To Watch For September 21, 2021
Tuesday, September 21, 2021 - 4:36am | 350Some of the stocks that may grab investor focus today are: Wall Street expects AutoZone, Inc. (NYSE: AZO) to report quarterly earnings at $29.87 per share on revenue of $4.56 billion before the opening bell. AutoZone shares fell 0.6% to $1,585.16 in after-hours trading. General Electric Company (...
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5 Stocks To Watch For September 20, 2021
Monday, September 20, 2021 - 4:37am | 307Some of the stocks that may grab investor focus today are: Wall Street expects Lennar Corporation (NYSE: LEN) to report quarterly earnings at $3.28 per share on revenue of $6.86 billion before the opening bell. Lennar shares fell 0.4% to $100.90 in after-hours trading. The FDA's Vaccines and...
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Fed Minutes Ahead Could Offer Insight Following Wall Street's Worst Day In A Month
Wednesday, August 18, 2021 - 10:10am | 2342“Buy the dip” is facing its toughest test in a month. If you think back to mid-July, the major indices tanked as concerns about the Delta variant and Fed tapering ramped up. The same factors helped set off the market’s worst drop in four weeks Tuesday and could keep...
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With Fed Seeing Higher Inflation, Growth Stocks Could be In The Spotlight Today
Thursday, June 17, 2021 - 10:07am | 1738It seems that the market debate about whether inflation is truly temporary or could be more lingering has heated up a bit. The Fed added more fuel to that fire by raising its inflation expectations for this year but still saying it thinks inflation is “transitory.” This argument may...
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5 Stocks To Watch For June 17, 2021
Thursday, June 17, 2021 - 4:42am | 306Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Co (NYSE: KR) to report quarterly earnings at $1.01 per share on revenue of $39.78 billion before the opening bell. Kroger shares fell 0.5% to $37.35 in after-hours trading. Microsoft Corporation (NASDAQ: MSFT)...
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5 Stocks To Watch For June 16, 2021
Wednesday, June 16, 2021 - 4:42am | 340Some of the stocks that may grab investor focus today are: Starbucks Corporation (NASDAQ: SBUX) named company veteran John Culver as its new chief operating officer replacing Roz Brewer, who left the company in January to become CEO of Walgreens Boots Alliance. Starbucks shares rose 0.1% to $111....
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Monday's Market Minute: Will The Fed Make A Move?
Monday, June 14, 2021 - 10:16am | 532We start and end the week rather quiet, with no significant economic data on Monday or Friday. Looking back, last Friday’s June Consumer Sentiment Index came in stronger than expected at 86.4 compared to a consensus of 84.0, up from May’s 82.9. Friday’s reports of Total and U.S....
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Several Key Earnings Reports After The Close, Including Lululemon, Broadcom, Slack
Thursday, June 3, 2021 - 10:11am | 2727The holding pattern continues to hold. We’re seeing a bit of a selloff this morning, but it’s probably nothing to get too excited about considering how many days the market’s been up recently, and the fact that we have key jobs data tomorrow. For the most part, people don...