Exelixis, Inc. (NASDAQ:EXEL) CEO Michael Morrissey sold 40,000 shares of Exelixis stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $24.64, for a total value of $985,600.00. The transaction was disclosed in a filing with the Securities & Exchange Comm
News articles about Thermal Energy International (CVE:TMG) have been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than 6,000 news and blog sources in real time. The firm ranks coverage of public c
There is a lot of noise in the stock market. Every day, discrete events send stocks up and down. These discrete events can be company-specific, like earnings reports, murmurs about mergers and acquisitions, analyst upgrades and downgrades, or investor presentations. Those discrete events can also be macro-related, including economic data or geopolitical news.
Early Wednesday morning, Chinese social media giant Weibo (NASDAQ:WB) reported results for the first quarter of 2018. Despite a $10 million revenue headwind related to changes in GAAP accounting policies, the company posted a 76% year-over-year sales jump while earnings more than doubled.
Some of the stocks that may grab investor focus today are:
Wall Street expects Celgene Corporation (NASDAQ: CELG) to report quarterly earnings at $1.96 per share on revenue of $3.46 billion before the opening bell. Celgene shares rose 1.87 percent to $87.00 in after-hours trading.
Weight Watchers International, Inc. (NYSE: WTW) reported stronger-than-expected results for its first....More>>>
China e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) is scheduled to report fiscal Q4 2018 earnings before market open on Friday, May 4. Heading into earnings, the stock remains a ways below its all-time high of $206.20 it hit at the end of January.
This will be the first quarter where BABA will not receive 37.5 percent of Ant Financial’s, pre-tax profits. That deal ended....More>>>
Despite pulling back a bit in the past week, the U.S. broad markets still are up 3% or so in the past month. Not to say that this has been entirely the result of earnings, but its been a big help, along with a strong push in crude oil as well. If we continue to see solid fundamentals from company earnings, markets should continue to rise.
24/7 Wall St. has put together a preview of some of....More>>>
U.S. stock futures are headed higher this morning. Wall Street bulls are extending yesterday’s late-session rally into this morning, as trade war fears begin to ease. Traders appear more focused on looming first-quarter earnings season rather than the new Chinese tariffs.
Against this backdrop, Dow Jones Industrial Average futures are up 0.28%, S&P 500 futures have added 0.47% and....More>>>
Financial analyst: It’s time to cut up Yahoo! Embattled CEO Marissa Mayer believes that a leaner, more focused Yahoo is the solution to its growth problems.
Yahoo announced a massive, $4.4 billion loss last quarter and said it will lay off 15% of its workforce as part of a plan to return the company to “modest to accelerating growth” next year and in 2018. The layoffs....More>>>
Related IR Nomura On Industrials: Upgrades Ingersoll-Rand To Buy Benzinga's Top Upgrades Related KORS Benzinga's Top Initiations Best Stock Ideas Of February Valuation Dashboard: Consumer Discretionary – Update (Seeking Alpha) ....More>>>
This past Monday, March 11, President Trump unveiled his fiscal 2020 budget proposal for the federal government. As a reminder, fiscal years for the federal government end on Sept. 30 and begin on Oct. 1. Unveiling a budget months in advance of the actual implementation is supposed to allow Cong
These days, the financial sector seems cheap ... very cheap. Despite the U.S. economy's continued growth, investors appear to be anticipating the end of the 10-year bull market and a subsequent downturn, which would drag financial stocks along with it. Yet the pessimism around banks has attract