The big news over the weekend has been Facebook Inc.’s (NSDQ:FB) announcement to buy backstock worth $6B, starting in Q1 2017. This was a first in the history of the company. While it can come across as a surprise for a growing company to announce a share repurchase offering, the recent drop in FB stock price could have forced the management into action. The FB stock price is down by over....more>>>
Textron (TXT) tumbled to the bottom of the S&P 500 today after missing earnings forecasts and announcing the purchase of Arctic Cat (ACAT).
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Textrondropped 5.4% to $46.73 today, while the S&P 500 rose 0.8% to 2,298.37. Arctic Cat soared 42% $18.55.
Morningstar’s Chris Higgins is wary of the Arctic Cat acquisition:
Shares ofTwilio (NYSE:TWLO),a leading cloud communications company, continued to fall even after the company beat earnings estimates hands down.However, the stock looks set for a rebound in the coming days, backed by strong fundamentals. The average target price of top analysts currently stands at $38 a share, indicating an upside potential of about 20%. While some sections of the market still see....more>>>
If you were looking to partner with an excellent business, something like Nike (NYSE:NKE) would certainly fit that profile. For starters, you have a company that has grown earnings and dividends by ~15% per annum over the last decade and a half. (In turn, seeing very similar share price performance.) Beyond that, there’s exceptional brand quality – routinely making it one of the top....more>>>
On Friday, our Under the Radar Moversnewsletter suggested mid cap natural gas pipeline stock Boardwalk Pipeline Partners, LP (NYSE: BWP) as a bullish/long trade:
With just a quick glance it may look like BWP is just moving sideways within a horizontal trading range. A closer look, however, indicates that the tide has been turning bullish within the confines of this range, and there’s....more>>>
After a two week hiatus, I am back with my regular weekly ramblings and ruminations on markets and anything else that strikes my fancy. One week was missed due to Thanksgiving of course but the week prior my wife had to fly off to Texas due to a family emergency leaving me with homefront duties. It has been years since I had to do all that unaided and, between feeding a 13 year old, the cats,....more>>>
Yesterday, our Elite Opportunity Pronewsletter had this to say about large cap media and entertainment stock Twenty-First Century Fox (NASDAQ: FOX):
Which media company is likely to benefit most from last night’s election? There’s no question Twenty-First Century Fox, Inc. (FOX) is going to be the clear winner from all of this. Fox News is literally the only big media group out....more>>>
What does Monster Beverages (MNST) new sponsorship agreement with NASCAR mean for the beverage company?
Stifel analysts Mark Astrachan and Claire Chamberlin are optimistic, citing the companys strong track record when it comes to cultivating its image.
We believe the sponsorship is likely to be Monsters most expensive property and also its largest in terms of lead media impressions,....more>>>