Merck – The drugmaker beat estimates by 5 cents a share, with adjusted first-quarter profit of $1.05 per share. Revenue was very slightly below forecasts. Merck's results were powered by strong growth in sales of its cancer drug Keytruda, an it also raised its earnings forecast for the year.
STOCK SYMBOL: MRK
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pfizer – Pfizer reported adjusted quarterly profit of 77 cents per share, beating estimates by 3 cents a share. Revenue was slightly below forecasts, but Pfizer's bottom line benefited from stronger sales of breast cancer drug Ibrance.
STOCK SYMBOL: PFE
(CLICK HERE FOR LIVE STOCK QUOTE!)
Apple – DA Davidson initiated coverage on Apple with a "buy" rating, saying although the company faces challenges, its huge free cash flow allows it both to return increasing amounts of money to shareholders and make strategic acquisitions.
STOCK SYMBOL: AAPL
(CLICK HERE FOR LIVE STOCK QUOTE!)
Under Armour – The athletic apparel maker reported a break-even quarter on an adjusted basis, compared to analyst forecasts of a 5 cents per share loss. Revenue beat forecasts, helped by stronger international sales.
STOCK SYMBOL: UAA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Archer-Daniels Midland – The grain processor beat estimates by 18 cents a share, with adjusted quarterly profit of 68 cents per share. Revenue also topped forecasts. The company said market conditions have improved for many of its businesses, and that it is even more confident about 2018 full year performance.
STOCK SYMBOL: ADM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Regeneron Pharmaceuticals, Sanofi – The drug companies announced they would cut the price of the cholesterol drug Praluent for Express Scripts customers, in exchange for greater patient access.
STOCK SYMBOL: REGN
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: SNY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Facebook – Wedbush added Facebook to its "Best Ideas" list, saying the company would weather the controversy surrounding the Cambridge Analytica data breach.
STOCK SYMBOL: FB
(CLICK HERE FOR LIVE STOCK QUOTE!)
WellCare Health Plans – The health insurer reported adjusted quarterly earnings of $2.47 per share, beating the consensus estimate of $2.02 a share. Revenue was essentially in line. WellCare raised its full-year forecast, based on strong performance across all its business lines.
STOCK SYMBOL: WCG
(CLICK HERE FOR LIVE STOCK QUOTE!)
Akamai Technologies – Akamai reported adjusted quarterly profit of 79 cents per share, 9 cents a share above estimates. Revenue also beat forecasts. The provider of internet content delivery technology saw its results boosted by its push into cloud security.
STOCK SYMBOL: AKAM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Texas Roadhouse – Texas Roadhouse matched forecasts with quarterly profit of 76 cents per share, with its revenue slightly above estimates. Comparable-restaurant sales were higher by 4.9 percent at company-owned restaurants and 3.9 percent at franchised locations.
STOCK SYMBOL: TXRH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Cognex – Cognex came in 4 cents a share above Street forecasts, with adjusted quarterly profit of 24 cents per share. The maker of machine vision technology saw revenue miss forecasts and it also gave weaker-than-expected full-year guidance.
STOCK SYMBOL: CGNX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Tenet Healthcare – Tenet reported an unexpected quarterly profit, with revenue also beating forecasts. The hospital operator also issued strong full-year guidance as it benefited from lower costs and a jump in patient visits.
STOCK SYMBOL: THC
(CLICK HERE FOR LIVE STOCK QUOTE!)
BP – BP reported its highest quarterly profit in almost four years, helped by a rebound in oil and gas prices and increasing production.
STOCK SYMBOL: BP
(CLICK HERE FOR LIVE STOCK QUOTE!)
KLX – Boeing will buy the aircraft parts maker for about $3.2 billion in cash, or $63 per share. KLX had said it would review strategic options in December, and The Wall Street Journal had reported last week that a deal was near.
STOCK SYMBOL: KLXI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Las Vegas Sands, Wynn Resorts – The casino operators are on watch as gambling revenue in the Chinese territory of Macau rose a better-than-expected 28 percent in April. Gaming revenue in Macau has now risen for 21 consecutive months.
STOCK SYMBOL: LVS
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: WYNN
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Intel – The chipmaker will receive $380 million from the Israeli government to expand its manufacturing operations in that country, according to Israeli financial newspaper Calcalist.
STOCK SYMBOL: INTC
(CLICK HERE FOR LIVE STOCK QUOTE!)
Citrix Systems – Citrix was added to the "Conviction Buy" list at Goldman Sachs, which notes stronger pricing in the software company's CSS support services offering.
STOCK SYMBOL: CTXS
(CLICK HERE FOR LIVE STOCK QUOTE!)
US Foods – US Foods was downgraded to "sector perform" from "outperform" at RBC Capital, which points to overall food distribution industry stagnation.
STOCK SYMBOL: USFD
(CLICK HERE FOR LIVE STOCK QUOTE!)
NutriSystem – NutriSystem earned 9 cents per share for its latest quarter, beating forecasts by 3 cents a share. The diet plan provider also saw revenue come in above estimates. NutriSystem also raised its full-year forecast.
STOCK SYMBOL: NTRI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Roku – KeyBanc rates the maker of streaming video devices a "buy" in new coverage, saying it provides a unique platform in the growing streaming video market.
STOCK SYMBOL: ROKU
(CLICK HERE FOR LIVE STOCK QUOTE!)
DowDupont – The chemicals maker reported adjusted quarterly profit of $1.37 per share, 7 cents a share above estimates. Revenue also beating forecasts. The company also said it has now realized nearly $900 million in cost savings since the merger of Dow and DuPont last year.
STOCK SYMBOL: DWDP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Cigna – The health insurer earned an adjusted $3.89 for the second quarter, above the consensus estimate of $3.33, while revenue beat forecasts as well. Cigna was helped by higher membership numbers and increased premiums.
STOCK SYMBOL: CI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Tesla – Tesla lost $3.06 per share for its latest quarter, more than the loss of $2.92 per share that analysts had projected. The automaker's revenue beat estimates, and the automaker said it expects profitability on a GAAP basis during the second half of the year.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Nike – The athletic footwear maker was rated "overweight" in new coverage at Morgan Stanley, which said Nike is in position to take more market share in a high growth global activewear market, and that it is successfully transitioning from a traditional business into a retail technology company.
STOCK SYMBOL: NKE
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Starbucks – Starbucks struck a partnership deal with China e-commerce giant Alibaba to deliver its coffee in Chinese cities.
STOCK SYMBOL: SBUX
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Sonos – Sonos priced its initial public offering at $15 per share, below the target range of $17 to $19 a share. The wireless speaker maker raised $38.3 million in the offering, and the shares will begin trading today on the Nasdaq.
STOCK SYMBOL: SONO
(CLICK HERE FOR LIVE STOCK QUOTE!)
Teva Pharmaceutical – Teva posted beats on both the top and bottom lines for its latest quarter, and raised its full-year forecast. However, sales of its flagship multiple sclerosis drug Copaxone fell nearly 50 percent in North America due to generic competition.
STOCK SYMBOL: TEVA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Regeneron Pharmaceuticals – The drugmaker reported adjusted quarterly profit of $5.45 per share for its latest quarter, beating the consensus estimate of $4.70 a share. Revenue also beat forecasts, as sales of Regeneron's flagship eye treatment Eylea rose eight percent in the U.S. and 13 percent globally.
STOCK SYMBOL: REGN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yum Brands – The parent of KFC, Taco Bell, and Pizza Hut earned an adjusted 82 cents per share for the second quarter, eight cents above estimates. Revenue also topped forecasts, but a same-store sales increase of one percent was shy of the 1.98 percent consensus estimate as fewer customers ate at Pizza Hut locations.
STOCK SYMBOL: YUM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wynn Resorts – Wynn reported adjusted quarterly profit of $1.53 per share, short of the consensus $1.96 a share estimate. The hotel and casino operator's revenue also missed forecasts, although it did see stronger results from its Wynn Palace property in Macau.
STOCK SYMBOL: WYNN
(CLICK HERE FOR LIVE STOCK QUOTE!)
CBS – CBS has retained two law firms to investigate allegations of improper behavior against Chairman and Chief Executive Officer Leslie Moonves.
STOCK SYMBOL: CBS
(CLICK HERE FOR LIVE STOCK QUOTE!)
T-Mobile – T-Mobile beat estimates by 5 cents a share, with quarterly profit of 92 cents per share. The wireless carrier's revenue fell short of forecast. T-Mobile also added 686,000 new wireless subscribers during the quarter, more than Wall Street was anticipating.
STOCK SYMBOL: TMUS
(CLICK HERE FOR LIVE STOCK QUOTE!)
TripAdvisor – TripAdvisor came in 2 cents a share above estimates, with adjusted quarterly profit of 41 cents per share. The travel website operator's revenue came up short of Street forecasts. Traffic on TripAdvisor-branded websites and apps was up 10 percent from a year earlier.
STOCK SYMBOL: TRIP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Square – Square reported adjusted quarterly profit of 13 cents per share for the second quarter, 2 cents a share above estimates. The mobile payments company's revenue also beat estimates, however Square issued weaker-than-expected current-quarter guidance.
STOCK SYMBOL: SQ
(CLICK HERE FOR LIVE STOCK QUOTE!)
JPMorgan Chase – JPMorgan said it is among the financial firms being probed by the Securities and Exchange Commission for their handling of American Depositary Receipts between 2011 and 2015. The bank said it is cooperating with the investigation.
STOCK SYMBOL: JPM
(CLICK HERE FOR LIVE STOCK QUOTE!)
U.S. Steel – U.S. Steel beat estimates by 33 cents a share, with adjusted quarterly profit of $1.46 per share. Revenue topped forecasts, as well. The company boosted prices and lifted production following the imposition of tariffs on imported steel in March.
STOCK SYMBOL: X
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yum China – Yum China came in three cents above estimates with quarterly earnings of 33 cents per share, although the China-based restaurant operator's revenue was slightly shy of forecasts. Comparable store sales fell a greater than expected one percent, with analysts having anticipated a 0.6 percent decline.
STOCK SYMBOL: YUMC
(CLICK HERE FOR LIVE STOCK QUOTE!)
Barclays – Barclays saw profits nearly triple for the second quarter, coming in above analysts' estimates, and the British bank will pay a greater-than-expected dividend.
STOCK SYMBOL: BCS
(CLICK HERE FOR LIVE STOCK QUOTE!)
Walmart – Walmart was sued by Silicon Valley-based Zest Labs for $2 billion. Zest claims Walmart stole its technology designed to extend the shelf life of produce. Walmart said it respects the intellectual property rights of others and would respond to the complaint in court.
STOCK SYMBOL: WMT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Fitbit – Fitbit reported a smaller-than-expected quarterly loss, on stronger than expected sales of its newer smartwatches.
STOCK SYMBOL: FIT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
ARRIS International – The maker of communications hardware and software will be acquired by CommScope for $7.4 billion, including assumed debt. The deal is worth $31.75 per share in cash, compared to Wednesday's closing price for ARRIS of $27.79 per share.
STOCK SYMBOL: ARRS
(CLICK HERE FOR LIVE STOCK QUOTE!)
Perrigo – The drugmaker reported adjusted quarterly profit of $1.09 per share, beating estimates by 8 cents a share despite revenue coming in slightly short of forecasts. The company cut its full-year guidance due to challenges in its generic drug business, among other factors.
STOCK SYMBOL: PRGO
(CLICK HERE FOR LIVE STOCK QUOTE!)
DR Horton – The home builder matched Street forecasts with quarterly profit of $1.22 per share, while revenue fell below estimates. The company also raised its quarterly dividend to 15 cents per share from 12 1/2 cents.
STOCK SYMBOL: DHI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Party City – The party supplies retailer missed estimates by 10 cents a share, with quarterly profit of 8 cents per share, and revenue also fell short of Wall Street forecasts as comparable-store sales fell 1 percent. Party City also cut its full-year outlook amid operational disruptions, increased inflationary pressures, and slightly lower-than-expected sales.
STOCK SYMBOL: PRTY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Monster Beverage – The beverage maker's shares are under pressure, on news that Coca-Cola may be allowed to release two competing drinks. The two companies signed a cooperation agreement in 2015 that did contain some competitive exemptions, but they disagree over whether those exemptions apply in this case.
STOCK SYMBOL: MNST
(CLICK HERE FOR LIVE STOCK QUOTE!)
L Brands – The retailer raised its current-quarter forecast, based on better-than-expected performance at its Bath & Body Works unit. L Brands, which is also the parent of Victoria's Secret, reported an October company-wide comparable-store sales increase of 4 percent.
STOCK SYMBOL: LB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Cardinal Health – The drug distributor earned an adjusted $1.29 per share for its latest quarter, 21 cents a share above estimates. Revenue also topped Street forecasts.
STOCK SYMBOL: CAH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Qualcomm – Qualcomm reported adjusted quarterly earnings of 90 cents per share, 7 cents a share above estimates. The chipmaker's revenue also came in above Wall Street forecasts, however Qualcomm's current-quarter revenue forecast was below consensus estimates due largely from the loss of chip sales to Apple.
STOCK SYMBOL: QCOM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Keurig Dr Pepper – Keurig Dr Pepper beat estimates by 3 cents a share, with adjusted quarterly profit of 30 cents per share. Revenue came in just above Street forecasts. The beverage maker said the combination of Keurig Green Mountain and Dr Pepper Snapple Group is "off to a great start."
STOCK SYMBOL: KDP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Roku – Roku posted an adjusted loss of 9 cents per share, 3 cents a share smaller than Wall Street was expecting. The maker of streaming media devices also saw revenue beat forecasts, but the shares are being pressured by weaker-than-expected video platform revenue and a forecast of a net loss for the holiday quarter.
STOCK SYMBOL: ROKU
(CLICK HERE FOR LIVE STOCK QUOTE!)
News Corp – News Corp reported adjusted quarterly profit of 17 cents per share, well above the consensus estimate of 4 cents a share. The Wall Street Journal owner's revenue was essentially in line with forecasts. Results were boosted by the expansion of News Corp's subscription video services business.
STOCK SYMBOL: NWSA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Take-Two Interactive – Take-Two beat estimates by 12 cents a share, with adjusted quarterly profit of $1.05 per share,. The videogame maker's revenue also exceeded forecasts and Take-Two raised its full-year outlook following an upbeat debut for its "Red Dead Redemption II" videogame.
STOCK SYMBOL: TTWO
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wynn Resorts – Wynn fell 1 cent a share shy of Wall Street forecasts, with adjusted quarterly profit of $1.68 per share. The casino operator's revenue beat estimates, however Wynn executives are warning of a slowdown in the key Macau market.
STOCK SYMBOL: WYNN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Comcast – Comcast is planning to roll out a new set top box that allows broadband-only subscribers to aggregate video streaming applications like Netflix and YouTube. Sources tell CNBC that the product is set to be launched next year. Comcast is the parent company of NBCUniversal and CNBC.
STOCK SYMBOL: CMCSA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Square – Square beat estimates by 2 cents a share, with adjusted quarterly profit of 13 cents per share. The mobile payments company's revenue also beat forecasts, however Square's current-quarter earnings guidance is below Street forecasts.
STOCK SYMBOL: SQ
(CLICK HERE FOR LIVE STOCK QUOTE!)
TripAdvisor – TripAdvisor reported adjusted quarterly profit of 72 cents per share, well above the consensus estimate of 48 cents a share despite revenue falling short of analysts' forecasts.
STOCK SYMBOL: TRIP
(CLICK HERE FOR LIVE STOCK QUOTE!)
AstraZeneca – AstraZeneca said it now anticipates years of sustained sales growth, propelled by demand for its new drugs.
STOCK SYMBOL: AZN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Tesla – Tesla named board member Robyn Denholm as its new chair, replacing Elon Musk. Musk had agreed to vacate the chairman's role under a settlement with U.S. regulators.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Walmart – Walmart will begin offering Black Friday deals earlier this year, as it vies with Amazon.com and other major retailers for holiday sales. Black Friday deals will be offered online at 10 p.m. ET on Wednesday, November 21, the night before Thanksgiving.
STOCK SYMBOL: WMT
(CLICK HERE FOR LIVE STOCK QUOTE!)
UBS – UBS said it expected to be sued by the Justice Department today over the sales of mortgage backed securities ahead of the 2008 financial crisis. It said it would contest any such complaint "vigorously."
STOCK SYMBOL: UBS
(CLICK HERE FOR LIVE STOCK QUOTE!)
Costco – The warehouse retailer reported an 8.6 percent increase in October comparable-store sales, above the consensus estimate of 7.7 percent compiled by StreetAccount.
STOCK SYMBOL: COST
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wells Fargo – Wells Fargo is considering the sale of its retirement plan services business, according to a Bloomberg report. The bank is said to be in the early stages of mulling a sale, with the unit worth an estimated $1 billion.
STOCK SYMBOL: WFC
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
ARRIS International – The maker of communications hardware and software will be acquired by CommScope for $7.4 billion, including assumed debt. The deal is worth $31.75 per share in cash, compared to Wednesday's closing price for ARRIS of $27.79 per share.
STOCK SYMBOL: ARRS
(CLICK HERE FOR LIVE STOCK QUOTE!)
Perrigo – The drugmaker reported adjusted quarterly profit of $1.09 per share, beating estimates by 8 cents a share despite revenue coming in slightly short of forecasts. The company cut its full-year guidance due to challenges in its generic drug business, among other factors.
STOCK SYMBOL: PRGO
(CLICK HERE FOR LIVE STOCK QUOTE!)
DR Horton – The home builder matched Street forecasts with quarterly profit of $1.22 per share, while revenue fell below estimates. The company also raised its quarterly dividend to 15 cents per share from 12 1/2 cents.
STOCK SYMBOL: DHI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Party City – The party supplies retailer missed estimates by 10 cents a share, with quarterly profit of 8 cents per share, and revenue also fell short of Wall Street forecasts as comparable-store sales fell 1 percent. Party City also cut its full-year outlook amid operational disruptions, increased inflationary pressures, and slightly lower-than-expected sales.
STOCK SYMBOL: PRTY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Monster Beverage – The beverage maker's shares are under pressure, on news that Coca-Cola may be allowed to release two competing drinks. The two companies signed a cooperation agreement in 2015 that did contain some competitive exemptions, but they disagree over whether those exemptions apply in this case.
STOCK SYMBOL: MNST
(CLICK HERE FOR LIVE STOCK QUOTE!)
L Brands – The retailer raised its current-quarter forecast, based on better-than-expected performance at its Bath & Body Works unit. L Brands, which is also the parent of Victoria's Secret, reported an October company-wide comparable-store sales increase of 4 percent.
STOCK SYMBOL: LB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Cardinal Health – The drug distributor earned an adjusted $1.29 per share for its latest quarter, 21 cents a share above estimates. Revenue also topped Street forecasts.
STOCK SYMBOL: CAH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Qualcomm – Qualcomm reported adjusted quarterly earnings of 90 cents per share, 7 cents a share above estimates. The chipmaker's revenue also came in above Wall Street forecasts, however Qualcomm's current-quarter revenue forecast was below consensus estimates due largely from the loss of chip sales to Apple.
STOCK SYMBOL: QCOM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Keurig Dr Pepper – Keurig Dr Pepper beat estimates by 3 cents a share, with adjusted quarterly profit of 30 cents per share. Revenue came in just above Street forecasts. The beverage maker said the combination of Keurig Green Mountain and Dr Pepper Snapple Group is "off to a great start."
STOCK SYMBOL: KDP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Roku – Roku posted an adjusted loss of 9 cents per share, 3 cents a share smaller than Wall Street was expecting. The maker of streaming media devices also saw revenue beat forecasts, but the shares are being pressured by weaker-than-expected video platform revenue and a forecast of a net loss for the holiday quarter.
STOCK SYMBOL: ROKU
(CLICK HERE FOR LIVE STOCK QUOTE!)
News Corp – News Corp reported adjusted quarterly profit of 17 cents per share, well above the consensus estimate of 4 cents a share. The Wall Street Journal owner's revenue was essentially in line with forecasts. Results were boosted by the expansion of News Corp's subscription video services business.
STOCK SYMBOL: NWSA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Take-Two Interactive – Take-Two beat estimates by 12 cents a share, with adjusted quarterly profit of $1.05 per share,. The videogame maker's revenue also exceeded forecasts and Take-Two raised its full-year outlook following an upbeat debut for its "Red Dead Redemption II" videogame.
STOCK SYMBOL: TTWO
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wynn Resorts – Wynn fell 1 cent a share shy of Wall Street forecasts, with adjusted quarterly profit of $1.68 per share. The casino operator's revenue beat estimates, however Wynn executives are warning of a slowdown in the key Macau market.
STOCK SYMBOL: WYNN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Comcast – Comcast is planning to roll out a new set top box that allows broadband-only subscribers to aggregate video streaming applications like Netflix and YouTube. Sources tell CNBC that the product is set to be launched next year. Comcast is the parent company of NBCUniversal and CNBC.
STOCK SYMBOL: CMCSA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Square – Square beat estimates by 2 cents a share, with adjusted quarterly profit of 13 cents per share. The mobile payments company's revenue also beat forecasts, however Square's current-quarter earnings guidance is below Street forecasts.
STOCK SYMBOL: SQ
(CLICK HERE FOR LIVE STOCK QUOTE!)
TripAdvisor – TripAdvisor reported adjusted quarterly profit of 72 cents per share, well above the consensus estimate of 48 cents a share despite revenue falling short of analysts' forecasts.
STOCK SYMBOL: TRIP
(CLICK HERE FOR LIVE STOCK QUOTE!)
AstraZeneca – AstraZeneca said it now anticipates years of sustained sales growth, propelled by demand for its new drugs.
STOCK SYMBOL: AZN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Tesla – Tesla named board member Robyn Denholm as its new chair, replacing Elon Musk. Musk had agreed to vacate the chairman's role under a settlement with U.S. regulators.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Walmart – Walmart will begin offering Black Friday deals earlier this year, as it vies with Amazon.com and other major retailers for holiday sales. Black Friday deals will be offered online at 10 p.m. ET on Wednesday, November 21, the night before Thanksgiving.
STOCK SYMBOL: WMT
(CLICK HERE FOR LIVE STOCK QUOTE!)
UBS – UBS said it expected to be sued by the Justice Department today over the sales of mortgage backed securities ahead of the 2008 financial crisis. It said it would contest any such complaint "vigorously."
STOCK SYMBOL: UBS
(CLICK HERE FOR LIVE STOCK QUOTE!)
Costco – The warehouse retailer reported an 8.6 percent increase in October comparable-store sales, above the consensus estimate of 7.7 percent compiled by StreetAccount.
STOCK SYMBOL: COST
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wells Fargo – Wells Fargo is considering the sale of its retirement plan services business, according to a Bloomberg report. The bank is said to be in the early stages of mulling a sale, with the unit worth an estimated $1 billion.
STOCK SYMBOL: WFC
(CLICK HERE FOR LIVE STOCK QUOTE!)
Merck – The drugmaker beat estimates by 5 cents a share, with adjusted first-quarter profit of $1.05 per share. Revenue was very slightly below forecasts. Merck's results were powered by strong growth in sales of its cancer drug Keytruda, an it also raised its earnings forecast for the year.
STOCK SYMBOL: MRK
(CLICK HERE FOR LIVE STOCK QUOTE!)
Pfizer – Pfizer reported adjusted quarterly profit of 77 cents per share, beating estimates by 3 cents a share. Revenue was slightly below forecasts, but Pfizer's bottom line benefited from stronger sales of breast cancer drug Ibrance.
STOCK SYMBOL: PFE
(CLICK HERE FOR LIVE STOCK QUOTE!)
Apple – DA Davidson initiated coverage on Apple with a "buy" rating, saying although the company faces challenges, its huge free cash flow allows it both to return increasing amounts of money to shareholders and make strategic acquisitions.
STOCK SYMBOL: AAPL
(CLICK HERE FOR LIVE STOCK QUOTE!)
Under Armour – The athletic apparel maker reported a break-even quarter on an adjusted basis, compared to analyst forecasts of a 5 cents per share loss. Revenue beat forecasts, helped by stronger international sales.
STOCK SYMBOL: UAA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Archer-Daniels Midland – The grain processor beat estimates by 18 cents a share, with adjusted quarterly profit of 68 cents per share. Revenue also topped forecasts. The company said market conditions have improved for many of its businesses, and that it is even more confident about 2018 full year performance.
STOCK SYMBOL: ADM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Regeneron Pharmaceuticals, Sanofi – The drug companies announced they would cut the price of the cholesterol drug Praluent for Express Scripts customers, in exchange for greater patient access.
STOCK SYMBOL: REGN
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: SNY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Facebook – Wedbush added Facebook to its "Best Ideas" list, saying the company would weather the controversy surrounding the Cambridge Analytica data breach.
STOCK SYMBOL: FB
(CLICK HERE FOR LIVE STOCK QUOTE!)
WellCare Health Plans – The health insurer reported adjusted quarterly earnings of $2.47 per share, beating the consensus estimate of $2.02 a share. Revenue was essentially in line. WellCare raised its full-year forecast, based on strong performance across all its business lines.
STOCK SYMBOL: WCG
(CLICK HERE FOR LIVE STOCK QUOTE!)
Akamai Technologies – Akamai reported adjusted quarterly profit of 79 cents per share, 9 cents a share above estimates. Revenue also beat forecasts. The provider of internet content delivery technology saw its results boosted by its push into cloud security.
STOCK SYMBOL: AKAM
(CLICK HERE FOR LIVE STOCK QUOTE!)
Texas Roadhouse – Texas Roadhouse matched forecasts with quarterly profit of 76 cents per share, with its revenue slightly above estimates. Comparable-restaurant sales were higher by 4.9 percent at company-owned restaurants and 3.9 percent at franchised locations.
STOCK SYMBOL: TXRH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Cognex – Cognex came in 4 cents a share above Street forecasts, with adjusted quarterly profit of 24 cents per share. The maker of machine vision technology saw revenue miss forecasts and it also gave weaker-than-expected full-year guidance.
STOCK SYMBOL: CGNX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Tenet Healthcare – Tenet reported an unexpected quarterly profit, with revenue also beating forecasts. The hospital operator also issued strong full-year guidance as it benefited from lower costs and a jump in patient visits.
STOCK SYMBOL: THC
(CLICK HERE FOR LIVE STOCK QUOTE!)
BP – BP reported its highest quarterly profit in almost four years, helped by a rebound in oil and gas prices and increasing production.
STOCK SYMBOL: BP
(CLICK HERE FOR LIVE STOCK QUOTE!)
KLX – Boeing will buy the aircraft parts maker for about $3.2 billion in cash, or $63 per share. KLX had said it would review strategic options in December, and The Wall Street Journal had reported last week that a deal was near.
STOCK SYMBOL: KLXI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Las Vegas Sands, Wynn Resorts – The casino operators are on watch as gambling revenue in the Chinese territory of Macau rose a better-than-expected 28 percent in April. Gaming revenue in Macau has now risen for 21 consecutive months.
STOCK SYMBOL: LVS
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: WYNN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Intel – The chipmaker will receive $380 million from the Israeli government to expand its manufacturing operations in that country, according to Israeli financial newspaper Calcalist.
STOCK SYMBOL: INTC
(CLICK HERE FOR LIVE STOCK QUOTE!)
Citrix Systems – Citrix was added to the "Conviction Buy" list at Goldman Sachs, which notes stronger pricing in the software company's CSS support services offering.
STOCK SYMBOL: CTXS
(CLICK HERE FOR LIVE STOCK QUOTE!)
US Foods – US Foods was downgraded to "sector perform" from "outperform" at RBC Capital, which points to overall food distribution industry stagnation.
STOCK SYMBOL: USFD
(CLICK HERE FOR LIVE STOCK QUOTE!)
NutriSystem – NutriSystem earned 9 cents per share for its latest quarter, beating forecasts by 3 cents a share. The diet plan provider also saw revenue come in above estimates. NutriSystem also raised its full-year forecast.
STOCK SYMBOL: NTRI
(CLICK HERE FOR LIVE STOCK QUOTE!)
Roku – KeyBanc rates the maker of streaming video devices a "buy" in new coverage, saying it provides a unique platform in the growing streaming video market.
STOCK SYMBOL: ROKU
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
DowDupont – The chemicals maker reported adjusted quarterly profit of $1.37 per share, 7 cents a share above estimates. Revenue also beating forecasts. The company also said it has now realized nearly $900 million in cost savings since the merger of Dow and DuPont last year.
STOCK SYMBOL: DWDP
(CLICK HERE FOR LIVE STOCK QUOTE!)
Cigna – The health insurer earned an adjusted $3.89 for the second quarter, above the consensus estimate of $3.33, while revenue beat forecasts as well. Cigna was helped by higher membership numbers and increased premiums.
STOCK SYMBOL: CI
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Tesla – Tesla lost $3.06 per share for its latest quarter, more than the loss of $2.92 per share that analysts had projected. The automaker's revenue beat estimates, and the automaker said it expects profitability on a GAAP basis during the second half of the year.
STOCK SYMBOL: TSLA
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Nike – The athletic footwear maker was rated "overweight" in new coverage at Morgan Stanley, which said Nike is in position to take more market share in a high growth global activewear market, and that it is successfully transitioning from a traditional business into a retail technology company.
STOCK SYMBOL: NKE
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Starbucks – Starbucks struck a partnership deal with China e-commerce giant Alibaba to deliver its coffee in Chinese cities.
STOCK SYMBOL: SBUX
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Sonos – Sonos priced its initial public offering at $15 per share, below the target range of $17 to $19 a share. The wireless speaker maker raised $38.3 million in the offering, and the shares will begin trading today on the Nasdaq.
STOCK SYMBOL: SONO
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Teva Pharmaceutical – Teva posted beats on both the top and bottom lines for its latest quarter, and raised its full-year forecast. However, sales of its flagship multiple sclerosis drug Copaxone fell nearly 50 percent in North America due to generic competition.
STOCK SYMBOL: TEVA
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Regeneron Pharmaceuticals – The drugmaker reported adjusted quarterly profit of $5.45 per share for its latest quarter, beating the consensus estimate of $4.70 a share. Revenue also beat forecasts, as sales of Regeneron's flagship eye treatment Eylea rose eight percent in the U.S. and 13 percent globally.
STOCK SYMBOL: REGN
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Yum Brands – The parent of KFC, Taco Bell, and Pizza Hut earned an adjusted 82 cents per share for the second quarter, eight cents above estimates. Revenue also topped forecasts, but a same-store sales increase of one percent was shy of the 1.98 percent consensus estimate as fewer customers ate at Pizza Hut locations.
STOCK SYMBOL: YUM
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Wynn Resorts – Wynn reported adjusted quarterly profit of $1.53 per share, short of the consensus $1.96 a share estimate. The hotel and casino operator's revenue also missed forecasts, although it did see stronger results from its Wynn Palace property in Macau.
STOCK SYMBOL: WYNN
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CBS – CBS has retained two law firms to investigate allegations of improper behavior against Chairman and Chief Executive Officer Leslie Moonves.
STOCK SYMBOL: CBS
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T-Mobile – T-Mobile beat estimates by 5 cents a share, with quarterly profit of 92 cents per share. The wireless carrier's revenue fell short of forecast. T-Mobile also added 686,000 new wireless subscribers during the quarter, more than Wall Street was anticipating.
STOCK SYMBOL: TMUS
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TripAdvisor – TripAdvisor came in 2 cents a share above estimates, with adjusted quarterly profit of 41 cents per share. The travel website operator's revenue came up short of Street forecasts. Traffic on TripAdvisor-branded websites and apps was up 10 percent from a year earlier.
STOCK SYMBOL: TRIP
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Square – Square reported adjusted quarterly profit of 13 cents per share for the second quarter, 2 cents a share above estimates. The mobile payments company's revenue also beat estimates, however Square issued weaker-than-expected current-quarter guidance.
STOCK SYMBOL: SQ
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JPMorgan Chase – JPMorgan said it is among the financial firms being probed by the Securities and Exchange Commission for their handling of American Depositary Receipts between 2011 and 2015. The bank said it is cooperating with the investigation.
STOCK SYMBOL: JPM
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U.S. Steel – U.S. Steel beat estimates by 33 cents a share, with adjusted quarterly profit of $1.46 per share. Revenue topped forecasts, as well. The company boosted prices and lifted production following the imposition of tariffs on imported steel in March.
STOCK SYMBOL: X
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Yum China – Yum China came in three cents above estimates with quarterly earnings of 33 cents per share, although the China-based restaurant operator's revenue was slightly shy of forecasts. Comparable store sales fell a greater than expected one percent, with analysts having anticipated a 0.6 percent decline.
STOCK SYMBOL: YUMC
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Barclays – Barclays saw profits nearly triple for the second quarter, coming in above analysts' estimates, and the British bank will pay a greater-than-expected dividend.
STOCK SYMBOL: BCS
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Walmart – Walmart was sued by Silicon Valley-based Zest Labs for $2 billion. Zest claims Walmart stole its technology designed to extend the shelf life of produce. Walmart said it respects the intellectual property rights of others and would respond to the complaint in court.
STOCK SYMBOL: WMT
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Fitbit – Fitbit reported a smaller-than-expected quarterly loss, on stronger than expected sales of its newer smartwatches.
STOCK SYMBOL: FIT
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Dish Network — The satellite TV company earned 76 cents per share for its latest quarter, 7 cents above estimates. However, revenue was below forecasts, and the company also reported that broadband and net pay-TV subscribers declined.
Newell Brands — The consumer products maker was downgraded to market perform from outperform at Wells Fargo, which points to a difficult U.S. macroeconomic environment, lower than expected first-quarter earnings and exposure to the pressured shopping-mall market.
Dunkin' Brands — The restaurant chain was upgraded to outperform from sector perform by RBC, which notes the potential for cash being returned to shareholders, among other positive factors.
Twitter — CEO Jack Dorsey bought 574,000 more shares of the company, according to an SEC filing. Dorsey has now purchased 1 million Twitter shares this year.
Cardinal Health — The drug distributor reported adjusted quarterly profit of $1.53 per share, 7 cents above estimates, though revenue came in somewhat below Street forecasts. The company did give a full-year earnings outlook that falls largely above consensus forecasts.
Valeant Pharmaceuticals — The drugmaker announced that it has scaled down its debt load by an additional $220 million, after the sale of three skincare brands closed earlier than anticipated.
Fitbit — The fitness device maker responded to reports that one of its devices had exploded, saying a third party firm had tested the device and concluded that the Fitbit Flex 2 in question did not malfunction. The company said the test showed that external forces caused damage.
BHP Billiton — BHP shareholders in Australia will be meeting with activist investor Elliott Management this week, according to Reuters, as the firm pushes for changes at the world's biggest mining company.
Las Vegas Sands , Wynn Resorts — Casino revenue in Macau rose 16.3 percent in April, near the high end of analyst estimates, possibly boosting stocks of companies that operate casinos there.
Tribune Media — Tribune now has a possible additional suitor. The Wall Street Journal is reporting that 21st Century Fox is joining the fray in partnership with Blackstone. Sinclair Broadcast Group and Nexstar Media are also said to be in the bidding for the TV station operator, with final bids due this Thursday.
Western Digital — Jefferies downgraded the hard-drive maker to hold from buy, saying Western Digital's outlook is already "as good as it gets" and that its upbeat prior quarter and guidance are reflected in the stock's price.
UPS — UPS air maintenance workers say they will seek clearance to strike if a three-year contract dispute is not resolved. The union representing the works is taking its case directly to shareholders, running an ad ahead of Thursday's annual meeting.
Caterpillar — Caterpillar got a bullish mention in this weekend's Barron's, which said the heavy equipment maker's shares could rise another 20 percent this year. The paper said Caterpillar could be the best-positioned company in the U.S. to benefit from President Donald Trump's agenda.
Alphabet — The company's Google unit plans to challenge amended tax assessments in Australia, although it did not specify how much the country is demanding.
Ocwen Financial — Ocwen has been sued by the state of Massachusetts, which claims that the mortgage servicing company has engaged in abusive practices. Ocwen said it was reviewing the charges and that it intends to vigorously defend itself.
Anthem — Anthem said it was evaluating its options after an appeals court upheld a lower court decision blocking its proposed merger with fellow health insurer Cigna.
Coach — The luxury goods maker is considering a bid for shoemaker Jimmy Choo, according to Britain's Telegraph newspaper. Coach failed in an attempt to buy Burberry last year.
Walgreens — Walgreens is reportedly trying to force the FTC's hand in its attempt to win approval for the planned purchase of rival drug store chain Rite Aid. The New York Post reports that Walgreens is expected to give notification that it has supplied regulators with all the information they need to decide on a deal. Such an action kicks off a 90-day period in which the FTC must either approve the deal, or file suit to block it.
AmerisourceBergen — The drug distributor announced a new five-year deal with pharmacy benefit management company Express Scripts to supply pharmaceuticals for Express Scripts customers. A prior deal between the two was set to expire this September.
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
Under Armour – The athletic footwear and apparel maker reported a quarterly loss of three cents per share, half of what analysts had expected, and revenue beat forecasts. Under Armour cut its full-year outlook below forecasts, however, and also announced a restructuring that will include job cuts.
STOCK SYMBOL: UAA
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Pfizer – The drugmaker came in one cent a share above estimates, with quarterly profit of 67 cents per share. Revenue came in below forecasts, however, as demand for its Enbrel and Prevnar drugs dropped. Pfizer did increase the midrange of its 2017 earnings forecast.
STOCK SYMBOL: PFE
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Archer Daniels Midland – The grain processor earned an adjusted 57 cents per share for its latest quarter, five cents above estimates. Revenue was well below forecasts, however, on weakness in the company's oilseeds processing unit.
STOCK SYMBOL: ADM
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Pandora Media - The streaming music service lost 21 cents per share for its latest quarter, three cents a share smaller than anticipated. Revenue beat estimates on increased ad spending, but the company also cut its full-year forecast following the sale of its Ticketfly ticketing firm and as subscription revenue comes in below forecasts.
STOCK SYMBOL: P
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Texas Roadhouse – Texas Roadhouse matched estimates with quarterly profit of 53 cents per share, while the restaurant chain's revenue was slightly above forecasts. Same-restaurant sales rose four percent, beating consensus estimates of a 3.3 percent increase.
STOCK SYMBOL: TXRH
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AutoNation – AutoNation lost its spot in the S&P 500, pushed out by MetLife spinoff Brighthouse Financial. The MetLife U.S. retail business is set to start trading on its own next Monday. The automobile retailer's stock will be moved to the S&P MidCap 400 index.
STOCK SYMBOL: AN
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Honda – Honda beat analysts' forecasts with its quarterly operating profit of $2.44 billion, as stronger Asian sales offset weakness in North America. The automaker also raised its full-year forecast on more favorable currency exchange rates.
STOCK SYMBOL: HMC
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Las Vegas Sands, Wynn Resorts – These and other casino operators with a presence in Macau could benefit as monthly revenue in the Chinese territory rises 29 percent in July compared to a year ago.
STOCK SYMBOL: LVS
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STOCK SYMBOL: WYNN
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Snap – Snap will not be eligible for inclusion in the S&P 500 following a new rule which takes effect today, barring companies with multiple share classes. The decision does not affect existing S&P 500 members with multiple shares classes like Alphabet and Berkshire Hathaway.
STOCK SYMBOL: SNAP
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Sony – Sony's profit nearly quadrupled in its fiscal first quarter compared to a year earlier, as it saw an overall recovery in its business and a particularly strong performance from its image sensor unit.
STOCK SYMBOL: SNE
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Pitney Bowes – The commerce technology provider earned an adjusted 33 cents per share for its latest quarter, three cents a share short of forecasts. Revenue missed expectations, as well, and the company also lowered the high end of its full-year forecast. The company said it is pleased with the potential it has created but has not yet fulfilled that potential.
STOCK SYMBOL: PBI
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Xerox – Xerox came in seven cents a share above estimates, with adjusted quarterly profit of 87 cents per share. Revenue was slightly short of forecasts, however, as the company transitions to a new product lineup.
STOCK SYMBOL: XRX
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BP – The oil giant earned $553 million for the second quarter, reversing a year-ago loss although its bottom line continues to be affected by costs related to the 2010 Gulf of Mexico oil spill.
STOCK SYMBOL: BP
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Sprint – The wireless services provider earned five cents per share for its latest quarter, compared to consensus forecasts of a one cent loss. Revenue beat forecasts, while Sprint chalked up net additions of 61,000 wireless subscribers.
STOCK SYMBOL: S
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bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StockMarketForums.net where this content was originally posted.
Coca-Cola — The beverage maker reported adjusted quarterly earnings of 49 cents per share, beating Street forecasts by a penny a share. Revenue was also above estimates. Coke said it's had 4 percent organic sales growth so far this year, and has also seen margins expand more than 50 basis points.
Comcast — The NBCUniversal and CNBC parent reported quarterly profit of 92 cents per share, beating estimates by one cent a share. Revenue was above estimates, as well. Comcast said that the Rio Olympics were the most profitable in its history, and also reported upbeat result for cable and for video subscriptions.
Boeing — Boeing beat estimates by 21 cents a share, with adjusted quarterly profit of $2.81 per share. Revenue also beat forecasts, and the aircraft maker raised its full-year revenue and profit forecast.
Northrop Grumman — The defense contractor earned an adjusted $3.02 per share for the third quarter, above estimates of $2.81 a share. Revenue also beat Street forecasts and the company raised its full year 2016 earnings forecast above consensus estimates thanks to improved aerospace sales.
Southwest Airlines — The airline came in five cents a share above Street estimates, with adjusted quarterly profit of 93 cents per share. Revenue was slightly shy of estimates, however. Southwest benefited from lower fuel prices and record traffic, but the shares were under pressure in premarket trading because of lower-than-expected growth in the key metric of revenue per available seat mile.
Garmin — The maker of wearable fitness devices came in 21 cents a share above estimates, with adjusted earnings of 75 cents per share. Revenue was also well above estimates on strong growth in its fitness, outdoor, marine, and aviation categories.
Apple — Apple reported quarterly profit of $1.67 per share, a penny a share above estimates. Revenue was in line with forecasts, but it did post its first year-over-year decline in profit and revenue since 2001. The company predicted a return to profit growth in the current quarter, helped by iPhone 7 sales.
Chipotle Mexican Grill — The restaurant chain saw revenue fall shy of analysts' estimates for its latest quarter, with comparable sales falling a greater-than-expected 21.9 percent. Chipotle gave a somewhat optimistic current-quarter projection for comparable sales, however, saying they would come in down in the low single digits.
Panera Bread — Panera beat estimates by three cents a share, with adjusted quarterly profit of $1.37 per share. The restaurant chain's revenue also exceeded forecasts. Panera raised its profit forecast, as well, as it continues to enjoy the benefit of higher prices.
Generac — The maker of commercial and residential generators beat estimates by five cents a share, with quarterly profit of 82 cents per share. Revenue was also above forecasts. Generac increased its fiscal 2016 outlook for residential sales, helped by an increase in power outages.
Edwards Lifesciences — Edwards reported in-line adjusted quarterly profit of 68 cents per share, but the medical device maker's revenue fell short of estimates. The company's results were hurt by lower-than-expected international sales of its heart valve devices, among other factors.
Juniper Networks — Juniper reported adjusted quarterly profit of 58 cents per share, six cents a share above estimates. The networking equipment maker's revenue came in slightly above projections. The company also issued a current-quarter outlook that was slightly higher than Street forecasts.
Pandora Media — Pandora lost seven cents per share for its latest quarter, one cent a share wider than anticipated. The music streaming service's revenue also missed forecasts, as did its full-year forecast. Pandora's active users totaled 77.9 million in the quarter, down from 78.1 million in the prior quarter.
Express Scripts — Express Scripts matched estimates with quarterly profit of $1.74 per share, but narrowed its full-year guidance while raising the midpoint of that forecast. The pharmacy benefit manager is projecting profit of $1.84 to $1.90 per share, above consensus forecasts of $1.74 a share.
Akamai — Akamai came in seven cents a share above estimates, with adjusted quarterly profit of 68 cents per share. Revenue also beat forecasts. The web services company gave strong current-quarter guidance on increasing demand for its cloud security products.
Toyota — The automaker is recalling 5.8 million vehicles in Japan, Europe, and China in yet another round of recalls related to faulty Takata airbag inflators, including some that had been used as replacements in a prior recall six years ago.
Vodafone — Vodafone was fined $5.6 million by British regulators for "serious and sustained" customer failures. Regulators say the mobile operator did not act quickly to deal with those issues, largely related to billing procedures.
Las Vegas Sands, Wynn Resorts — These and other companies operating in Macau may benefit today from news that Macau casino operator Galaxy Entertainment saw profit rise 28 percent in the third quarter. It's the latest sign that the long slump for Macau casino operations may have finally bottomed out.
Wal-Mart Stores — Wal-Mart may reverse its decision to invest in Flipkart, India's largest online retailer. The Economic Times reports that Wal-mart is having second thoughts about its potential $1 billion investment on suspicions that Flipkart may have been inflating its numbers. The report comes in the wake of Flipkart Chief Financial Officer Sanjay Baweja's resignation this week.
Alphabet — Google Fiber division is looking for a new leader following the resignation of chief Craig Barratt. Barratt will remain an advisor to the company.
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
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