Tag Archives: WMT

Top 5 Warren Buffett Stocks To Watch Right Now

Billionaire Warren Buffett’s warning that a new accounting change wouldcause “truly wild swings” in his company’squarterly earnings is now a reality.

Berkshire Hathaway reported a rare net loss of $1.1 billion in the first quarter, but the decline was due largely to a newrule that requiresit to report unrealized gains or losses in stock investments as net income. Berkshire....More>>>

Top 10 Warren Buffett Stocks To Own Right Now

With the current bull market entering its eighth year and the S&P 500 trading wellabove its historic average, it’s becoming increasingly difficult to find and buy cheap stocks today — challenging, but not impossible.

In fact, some of businesses’ biggest names trade at significant discounts to the market, including companies like Warren Buffett’s Berkshire Hathaway....More>>>

Best Small Cap Stocks To Buy For 2018

Asian shares are set for a slightly higher open, after a muted close in the U.S. Treasuries extended their recent decline and the dollar advanced as investors looked past trade comments by President Donald Trump amid a fresh batch of solid economic data.

Futures in Japan, Australia and South Korea all pointed to modest gains. The S&P 500 Index closed slightly lower after Trump raised....More>>>

What Happened in the Stock Market Today

Stock indexes were up in the morning Thursday, but drifted down during the session, despite advancing issues outnumbering decliners. TheDow Jones Industrial Average (DJINDICES:^DJI)lost about a quarter percentage point, and theS&P 500 (SNPINDEX:^GSPC)closed just barely in the red.

Today’s stock market

Index Percentage Change Point Change Dow (0.22%) (54.95) S&P 500 (0.09%) (2.33)

Data....More>>>

Deere In Headlights: Earnings Miss, China Trade Talk Share Center Stage Friday

The market has been tough on companies that didn’t quite meet expectations this earnings season, and Friday provided further examples. It’s not necessarily that firms aren’t doing well, but the bar has been raised and if you’re a company that doesn’t climb over that bar, you’re likely to get punched.

Deere & Company (NYSE: DE) on Friday became the latest....More>>>

Bumble Bee Foods CEO Facing Criminal Charges in Price-Fixing Scandal

The Bumble Bee Food CEO is facing criminal charges in a tuna price-fixing scandal that could land him up to a decade in jail and a costly fine.

Source: FDA

A federal grand jury has indicted Christopher Lischewski, who is the CEO of the company. The Department of Justice has accused Lischewski of meeting and communicating with rival seafood companies to keep tuna prices....More>>>

10 Stocks To Watch For May 17, 2018

Some of the stocks that may grab investor focus today are:

Wall Street expects Walmart Inc. (NYSE: WMT) to report quarterly earnings at $1.13 per share on revenue of $120.51 billion before the opening bell. Walmart shares gained 1 percent to $86.99 in after-hours trading.
Analysts expect Applied Materials, Inc. (NASDAQ: AMAT) to post quarterly earnings at $1.14 per share on revenue....More>>>

A Peek Into The Markets: US Stock Futures Down Ahead Of JC Penney Earnings

Pre-open movers

U.S. stock futures traded lower in early pre-market trade, ahead of earnings from J. C. Penney Company, Inc. (NYSE: JCP). Data on initial jobless claims for the latest week and the Philly Fed general conditions index for May will be released at 8:30 a.m. ET. The index of leading economic indicators for April is schedule for release at 10:00 a.m. ET. Minneapolis Federal Reserve....More>>>

Bumble Bee Foods CEO Facing Criminal Charges in Price-Fixing Scandal

The Bumble Bee Food CEO is facing criminal charges in a tuna price-fixing scandal that could land him up to a decade in jail and a costly fine.

Source: FDA

A federal grand jury has indicted Christopher Lischewski, who is the CEO of the company. The Department of Justice has accused Lischewski of meeting and communicating with rival seafood companies to keep tuna prices....More>>>

Earnings Scheduled For May 17, 2018

Walmart Inc. (NYSE: WMT) is estimated to report quarterly earnings at $1.13 per share on revenue of $120.51 billion.
J. C. Penney Company, Inc. (NYSE: JCP) is expected to report quarterly loss at $0.2 per share on revenue of $2.63 billion.
Dillard's, Inc. (NYSE: DDS) is projected to report quarterly earnings at $2.77 per share on revenue of $1.46 billion.
The Children's....More>>>

Walmart Inc Stock Down Despite Earnings Beat, Online Sales Growth

Walmart Inc (NYSE:WMT) saw its stock drop on Thursday despite releasing a strong earnings report for the first quarter of fiscal 2019.

Source: Mike Mozart via Flickr

Earnings per share reported by Walmart Inc for the first quarter of the year came in at $1.14. This is up from its earnings per share of $1.00 from the same time last year. It also just beat out Wall Street’s....More>>>

Mid-Day Market Update: Baozun Rises Following Q1 Results; Jounce Therapeutics Shares Plummet

Midway through trading Thursday, the Dow traded up 0.15 percent to 24,805.86 while the NASDAQ climbed 0.26 percent to 7,417.56. The S&P also rose, gaining 0.25 percent to 2,729.24.

Leading and Lagging Sectors

On Thursday, the energy shares rose 1.34 percent. Meanwhile, top gainers in the sector included Seadrill Limited (NYSE: SDRL), up 46 percent, and Sanchez Energy Corporation....More>>>

Top 10 High Tech Stocks To Own For 2019

Shares of Deere (DE) have jumped nearly 15% today after the maker of agriculture machinery beat earnings forecasts and announced cost cuts. The announcement led to one of my favorite ratings changes of all time: S&P Global Market Intelligence’s Jim Corridore upgraded Deere to Sell from Strong Sell:

Reuters

We raise our 12-month target price to $80 from $70, 20X our FY 17....More>>>

A Peek Into The Markets: US Stock Futures Down Ahead Of JC Penney Earnings

Pre-open movers

U.S. stock futures traded lower in early pre-market trade, ahead of earnings from J. C. Penney Company, Inc. (NYSE: JCP). Data on initial jobless claims for the latest week and the Philly Fed general conditions index for May will be released at 8:30 a.m. ET. The index of leading economic indicators for April is schedule for release at 10:00 a.m. ET. Minneapolis Federal Reserve....More>>>

Market Appears Directionless Amid Geopolitical, Retail, Housing News

Before the U.S. market opened, Macy's Inc. (NYSE: M) reported earnings per share of 48 cents on revenue of $5.5 billion. M was expected to report adjusted EPS of $0.36, on revenue of $5.43 billion, according to third-party consensus estimates. The beat appears to offer more evidence that the U.S. consumer is doing OK. It comes after news yesterday that U.S. retail sales rose for two consecutive....More>>>