"If something that you read or see seems too good or too bad to be true, it probably is," infectious disease specialist and NowThis contributor Laurel Bristow says. Bristow discusses the Johnson & Johnson vaccine pause, suggesting that "the reason for the pause was really kind of lost in the drama and the scare."
Brokerages expect FactSet Research Systems Inc. (NYSE:FDS) to announce earnings of $2.75 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for FactSet Research Systems' earnings. The lowest EPS estimate is $2.69 and the highest is $2.82
First-quarter earnings season is gathering speed this week with more than 15% of companies in the S&P 500 set to report financial results. Here's a look at some of the most notable reports coming in the days ahead.
Intel Corp. - like every other major chip maker - will have its quarterly earnings report probed for how quickly the industry is managing to ease supply issues that have plagued semiconductor customers for most of COVID-19 Intel is scheduled to report first-quarter earnings on Thursday after the close of markets.
The Global Portfolio Analytics Solution Market study offers a comprehensive overview of the finances for the forecast timeline. The study includes different segments as well as an examination of the patterns and factors that are important in the industry.
At this point in time, more S&P 500 companies are beating EPS estimates for the first quarter than average, and beating EPS estimates by a wider margin than average. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative to the end of the first quarter.
Shares of PPG Industries touched a 52-week high on Friday after the paints, coatings and specialty materials company more than doubled first-quarter earnings and received positive reviews from a number of Wall Street analysts. Both earnings and revenue exceeded analysts' expectations. Shares of the Pittsburgh company at last check jumped 11% to $170.30.
In an environment of rampaging stock prices - and valuations - it can be difficult to keep one's eyes on the prize. The old Wall Street axiom always applies: buy low and sell high. Fortunately, thanks to derivative instruments and the commission-free brokerages that today exist, it is possible to do that process in reverse.
Larkspur, CA, based Investment company Raub Brock Capital Management LP ( Current Portfolio) buys D.R. Horton Inc, Agilent Technologies Inc, SPDR Bloomberg Barclays 1-3 Month T-Bill ETF, iShares U.S.
The S&P 500 continued its surge to new all-time highs last week as big banks kicked off what analysts expect to be an impressive first-quarter earnings season. In an interview that aired last Sunday evening, Federal Reserve Chairman Jerome Powell said it is " highly unlikely " the Fed will raise interest rates in 2021.
What does Netflix Inc. do for an encore after blowing past 200 million paid subscribers in the first year of the COVID-19 pandemic? The streaming leader is attempting to monetize a bonanza of new subscribers from a year ago while fending off a herd of competitors that are trying to pry them away, like Walt Disney Co.'s Disney+, Apple Inc.'s AppleTV+, AT&T Inc.'s HBO Max, Amazon.com Inc.
Netflix ( NFLX) soared post-earnings in January, but then pulled back and has largely been in a holding pattern since. The shares are also still only at levels first hit in July 2020. That might spell a relatively low bar for the streaming giant to clear as it reports on Tuesday afternoon.
Shares of S&P Global Inc. inched 0.80% higher to $378.07 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.36% to 4,185.47 and the Dow Jones Industrial Average rising 0.48% to 34,200.67. This was the stock's second consecutive day of gains.
Shares of Western Union Co. inched 0.50% higher to $25.89 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.36% to 4,185.47 and the Dow Jones Industrial Average rising 0.48% to 34,200.67. This was the stock's fourth consecutive day of gains.
Factset Research Systems Inc (NYSE: FDS) shares gained 1.82% to end trading Thursday at $314.90 per share - a net change of $5.64. Shares traded between $315.76 and $310.00 throughout the day. 388400 shares of Factset Research Systems Inc exchanged hands. Visit Factset Research Systems Inc's profile for more information.
In other news, ex-CFTC Chair Giancarlo has a new position, FactSet works with ICE, Nomura taps Barclays, and LiquidityDirect adds a key service. SteelEye, a compliance technology and data analytics vendor based in the United Kingdom, reports that it plans to expand into North America.
Shares of Morgan Stanley fell 1.3% in premarket trading Friday, even after the financial services company reported first-quarter profit that more than doubled and revenue that jumped 60% to record levels, boosted by strength in the institutional securities business. Net income rose to $3.98 billion, or $2.19 a share, from $1.59 billion, or $1.01 a share, in the year-ago period.
The Market Research on the " Digital Wealth Management Market 2021-2025", now available with Market Insights Reports, Introduces systematic details in terms of market valuation, market size, revenue estimation, and geographical spectrum of the business vertical. The Digital Wealth Management market report offers an overview of top company profiles with business value and demand status of the industry.
QuantumScape - Shares of the electric vehicle battery manufacturer ticked up 3% after the company responded to a report from short-seller Scorpion Capital. In the report, the firm called QuantumScape a "pump and dump SPAC" scam. QuantumScape said that Scorpion stands to financially benefit from a decline in its shares.
Delta Air Lines (DAL) lost $1.2 billion in the first quarter, more than expected, but executives said on Thursday that the airline could be profitable by late summer if the budding recovery in air travel continues. CEO Ed Bastian said ticket sales have been stronger in the last two weeks than at any time since the pandemic hit the U.S.