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Mid-Morning Market Update: Markets Open Lower; McDonald's Tops Q1 Views
Tuesday, April 30, 2019 - 9:19am | 699Following the market opening Tuesday, the Dow traded down 0.12 percent to 26523.16 while the NASDAQ declined 0.63 percent to 8,110.35. The S&P also fell, dropping 0.26 percent to 2,935.50. Leading and Lagging Sectors Tuesday morning, the utilities shares rose 0.5 percent. Meanwhile, top...
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Alphabet Revenue Disappoints Ahead Of Apple Earnings After The Bell
Tuesday, April 30, 2019 - 9:05am | 1504After two sessions of records, it remains to be seen whether the momentum will continue amid mixed earnings and data showing slowing Chinese factory growth. On the earnings front, shares of Google’s parent Alphabet Inc. (NASDAQ: GOOG) were down more than 7% in pre-market trading after...
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15 Stocks To Watch For April 30, 2019
Tuesday, April 30, 2019 - 5:37am | 755Some of the stocks that may grab investor focus today are: Wall Street expects General Motors Company (NYSE: GM) to report quarterly earnings at $1.09 per share on revenue of $35.03 billion before the opening bell. GM shares fell 1.7 percent to $39.33 in pre-market trading. Analysts expect Apple...
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Earnings Scheduled For April 30, 2019
Tuesday, April 30, 2019 - 5:18am | 2260Companies Reporting Before The Bell General Motors Company (NYSE: GM) is projected to report quarterly earnings at $1.09 per share on revenue of $35.03 billion. Phillips 66 (NYSE: PSX) is estimated to report quarterly earnings at $0.64 per share on revenue of $24.61 billion. Pfizer Inc. (NYSE:...
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This Week, Market Eyes China Talks, Fed Meeting As Earnings Continue
Monday, April 29, 2019 - 9:06am | 1724After record-setting closes last week, the market this morning seems to be anticipating another busy week of earnings, a calendar full of economic reports and a rate decision from the Federal Reserve. Trade talks between the U.S. and China also appear to be at the fore as representatives from the...
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10 Biggest Price Target Changes For Wednesday
Wednesday, April 24, 2019 - 10:07am | 354UBS raised Lockheed Martin Corporation (NYSE: LMT) price target from $365 to $385. Lockheed Martin shares closed at $333.10 on Tuesday. Credit Suisse lifted the price target for Burlington Stores, Inc. (NYSE: BURL) from $175 to $185. Burlington shares closed at $161.95 on Tuesday. Wells Fargo...
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Market Apparently Expects Dovish Fed Stance To Continue As Meeting Gets Underway
Tuesday, March 19, 2019 - 9:18am | 1780There have been two major themes arguably helping to boost stocks this year: A dovish Fed and increasing optimism about a U.S.-China trade deal. With little news on the latter front this morning, focus could turn toward the Fed, which begins its two-day policy meeting today. With the central bank...
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Boeing And Brexit: "Two B's" Dominate Market Conversation At Midweek
Wednesday, March 13, 2019 - 9:13am | 2276Despite continued concerns over Boeing Co (NYSE: BA) and some weakness in Asia and Europe after another Brexit plan got rejected yesterday, U.S. shares took on a slightly positive tone early Wednesday. Considering the focus on Brexit and Boeing, it’s interesting to see how the U.S...
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10 Biggest Price Target Changes For Tuesday
Tuesday, February 19, 2019 - 9:47am | 367Barclays boosted PepsiCo, Inc. (NASDAQ: PEP) price target from $104 to $111. PepsiCo shares closed at $115.91 on Friday. JP Morgan lowered the price target for Weight Watchers International, Inc. (NASDAQ: WTW) from $37 to $25. Weight Watchers shares closed at $30.28 on Friday. Citigroup cut the...
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Benzinga's Top Upgrades, Downgrades For February 19, 2019
Tuesday, February 19, 2019 - 9:10am | 958Top Upgrades Citigroup upgraded PG&E Corporation (NYSE: PCG) from Neutral to Buy. PG&E shares rose 7.9 percent to $16.70 in pre-market trading. Evercore ISI Group upgraded Taubman Centers, Inc. (NYSE: TCO) from Underperform to In-Line. Taubman Centers shares fell 0.69 percent to close at...
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Logistics Property To Develop Distribution Center On Chicago's Southwest Side
Tuesday, February 5, 2019 - 11:59am | 666Logistics Property Co. LLC (LPC) will develop an urban distribution center southwest of downtown Chicago in an effort to capitalize on what is expected to be a marked increase in fulfillment and distribution of online orders in the city, the company said. It is the company's first such parcel...
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15 Stocks To Watch For January 30, 2019
Wednesday, January 30, 2019 - 4:40am | 799Some of the stocks that may grab investor focus today are: Wall Street expects McDonald's Corporation (NYSE: MCD) to report quarterly earnings at $1.88 per share on revenue of $5.17 billion before the opening bell. McDonald's shares rose 0.6 percent to $183.21 in after-hours trading....
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Earnings Scheduled For January 30, 2019
Wednesday, January 30, 2019 - 4:06am | 1553Companies Reporting Before The Bell Alibaba Group Holding Limited (NYSE: BABA) is expected to post quarterly earnings at $1.67 per share on revenue of $17.61 billion. McDonald's Corporation (NYSE: MCD) is projected to report quarterly earnings at $1.88 per share on revenue of $5.17 billion. AT...
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Apple Today, Powell Tomorrow: Busy Earnings And Fed Week Continues
Tuesday, January 29, 2019 - 12:22pm | 2084It’s a fully packed day with earnings from Apple Inc. (NASDAQ: AAPL), the start of a Fed meeting, several other major companies reporting, and more concerns about U.S. relations with China. U.S. stocks had a mixed tone in pre-market trading following a similar pattern in Europe and...
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Deal To Reopen Govt. Boosts Wall Street As Trade, Fed News Also Help
Monday, January 28, 2019 - 10:34am | 2105It’s crunch time, and that doesn’t just mean the crunch of snow under boots as more snow and extreme cold blow into much of the country. This is arguably the most crucial earnings week of the season, with names ranging from Boeing Co (NYSE: BA) to Apple Inc (NASDAQ: AAPL) to...