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Among companies that advertised during the big game, these generated the highest positive social media activity as measured by LikeFolio.
U.S. stocks slipped amid another busy day for corporate earnings, which featured mixed results from industrial heavyweights Caterpillar and Boeing.
The 2019 Chevrolet Corvette ZR1 is the ultimate Corvette, and now that Chevy is going the mid-engine route, it will forever be the best traditional front-engine Vette you can buy. If you thought 755 horsepower and 715 pound-feet of torque would be enough to keep Hennessey from wanting more, you're sadly mistaken. The other two are called the HPE850 and HPE1000, with 850 and 1,000 horsepower respectively.
Why Verizon’s Q1 Earnings Triggered a Sell-Off(Continued from Prior Part)Verizon’s first-quarter revenues Verizon Communications (VZ) reported first-quarter consolidated revenues of $32.13 billion—well below analysts’ consensus estimate of
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of GPAT Compania Financiera S.A.U. New York, April 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of GPAT Compania Financiera S.A.U. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
After months of handwringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 U.S. homebuilder PulteGroup Inc this week were ready for the worst. Housing stood out as a particularly dark spot among several key sectors of the American economy showing signs of fatigue by the end of last year, giving rise to worries about recession. "2019 can turn out to be a good year for the housing industry," Chief Executive Ryan Marshall said on a conference call.
The stock was falling 6.40% to $51.20 a share in premarket trading. "As expected, Altria's first quarter adjusted diluted EPS declined in the mid-single digit range as we incurred higher interest expense as a result of our recently issued debt, without the full benefit of savings from our cost reduction program, which began to ramp up at the end of the quarter," said Howard Willard, Altria's chairman and CEO. Analysts at CFRA lowered their price target to $52 a share from $58, now representing about 1.5% upside.
Why Verizon’s Q1 Earnings Triggered a Sell-OffVerizon’s first-quarter results Verizon Communications (VZ) reported its first-quarter earnings results on April 23. The company reported an adjusted EPS of $1.20, which was ~2.6% higher than the
T-Mobile has been the industry’s best-performer over recent years, chipping away at larger rivals AT&T and Verizon with lower prices.
Sell-side analysts say The Coca Cola Co . (NYSE: KO ) has a refreshing new outlook that looks beyond its old standby product; strong sales; and a willingness to branch out, all of which look positive for ...
Key Highlights of Harley-Davidson’s Q1 2019 Earnings Event(Continued from Prior Part)Harley’s valuation multiplesOn April 23, Harley-Davidson’s (HOG) forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple was 12.0x. In the last year,
Our call of the day, from BMO Wealth Management’s chief investment strategist Yung-Yu Ma says investors have to stop falling for this popular market mantra right now.
Sirius XM's (SIRI) first-quarter 2019 top-line benefits from Pandora acquisition, higher subscriber base and ARPU. High costs hurt the bottom line.
Cadence Design Systems, Red Robin Gourmet Burgers, PepsiCo and Coca-Cola highlighted as Zacks Bull and Bear of the Day
Coca-Cola Co. announced a number of new products from the Minute Maid juice brand, including Minute Maid Smoothie Makers, which offer an budget-friendly way to enjoy the smoothie trend. Available in strawberry banana, peach and tropical flavors, the mix can be combined with ice to make a smoothie. Moreover, Coca-Cola highlights that these smoothies are "affordable at just 50 cents per serving." The brand also has ready-to-drink bottled smoothies and the Odwalla brand Smoobucha. Other new launches include Minute Maid Plus+ Antioxidants, bottled juice drinks with vitamins A and E, and Minute Maid Fruit & Veggie juice boxes. Coca-Cola stock is up 25% for the year to date, outpacing the Dow Jones Industrial Average , which is up nearly 17% for the period.
A crop survey has shown an Indian farmer has planted his field with an unapproved variety of genetically modified (GM) aubergines, an environmental voluntary group said on Thursday. After years of trials, India in 2010 decided not to introduce the GM eggplant, or Bt brinjal, the Indian word for aubergine, following opposition from activists. "Our rudimentary tests have established that at least one farmer in Haryana has planted Bt brinjal and we've requested authorities to ensure that the variety doesn't spread any further," Kapil Shah of the Alliance for Sustainable and Holistic Agriculture said referring to the north Indian state.
The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)Why Goldman Sachs downgraded Nokia Analysts at Goldman Sachs recently downgraded their rating on Nokia (NOK) stock to a “sell” from a “neutral,” according to a
There's no denying that General Motors (NYSE:GM) stock is cheap. GM stock trades at about six times the low end of its 2019 earnings per share guidance range of $6.50-$7.00. The dividend yield of GM stock is about 4%, adding to the attraction of General Motors stock as a value name. * 7 Dividend Stocks That Could Double Over the Next Five Years The question is, when is the valuation of GM stock going to increase? GM is slated to report its first-quarter results on Tuesday morning, but that's unlikely to be much of a catalyst for General Motors stock. GM already has disclosed its unit sales for the quarter, so analysts' earnings estimates are likely to be relatively accurate.But beyond all that, the problem with GM stock is that investors don't really seem to care about what the company is doing in 2019. Investors' eyes are on the risks ahead, and it seems unlikely that GM can do anything on Tuesday to change their minds.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Earnings Expectations for GMAnalysts on average are predicting that GM's revenue fell 3% year-over-year in Q1, and there is justification for that estimate. At the beginning of the month, GM disclosed that its unit sales had fallen 7% year-over-year in the quarter. But helping to limit the size of the predicted year-over-year decline was the fact that GM's commentary around prices, particularly those of pickups, was positive.On the earnings front, analysts' expectations do seem a bit low. The consensus EPS estimate of $1.10 suggests a 23% year-over-year decline. On the Q4 earnings call, management predicted that GM's Q1 results would be relatively weak, citing the impact of a new SUV launch.Still, given the company's guidance for both pricing strength on higher-end models in Q1 and an improved performance by the expensive Cadillac brand, it does seem like GM's Q1 EPS could beat expectations.All that said, whatever the exact numbers, management is expecting relatively weak results. That alone is one reason not to expect too much of a reaction by GM stock to the report. Barring a change in GM's full-year guidance - which seems unlikely - investors aren't going to react strongly to the report. Indeed, the options markets are pricing in just a roughly 4% move in General Motors stock next week. Traders looking for fireworks might want to look elsewhere. The Longer-Term Question for GM StockThe broader question, however, is whether the automaker's 2019 performance can really move GM stock higher. GM has outperformed rival Ford Motor Company (NYSE:F) since returning to the public markets , but the gains of General Motors stock have been limited.Additionally, "peak auto" concerns continue to dominate sentiment toward the industry, as they have for years. On this site, Dana Blankenhorn argued that investors simply don't trust Ford stock; I'm not sure if their feeling towards GM is all that different.The industry on the whole has real challenges. Tesla (NASDAQ:TSLA) is pushing the sector towards electric vehicles, and European automakers like Volkswagen (OTCMKTS:VWAGY) and BMW (OTCMKTS:BMWYY) are following TSLA's lead. Autonomous vehicles could upend the entire industry, and in that category GM clearly is behind Alphabet (NASDAQ:GOOG,GOOGL) unit Waymo and Tesla (at least for investors who bought the hype of the latter company's Autonomy Day).The core issue for GM and GM stock is that automobile sales are likely to decline, not rise, going forward. And for GM's fixed-cost business model, that's a very real problem that suggests declining earnings and single-digit price-earnings multiples for GM stock.The argument over General Motors stock is basically an argument over whether those long-term concerns are valid or priced into the shares. As a result, it's going to take General Motors much more than one quarterly report to really change investors' outlook .As of this writing, Vince Martin holds a bearish position in Tesla options. He has no positions in any other securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post Will Earnings Even Matter for General Motors Stock? appeared first on InvestorPlace.
Verizon will sell the Samsung Galaxy S10 5G beginning May 16. The phone will cost $1,300 and is the first to support Verizon's 5G network without requiring an accessory. Verizon also announced that it will activate 20 new 5G markets this year.
AT&T (T) and Verizon (VZ) miss first-quarter 2019 revenue estimates as the industry appears to be still grappling with the aftereffects of the trade war and higher investments for technology and infrastructure upgrade for 5G deployments.
Boston Beer's (SAM) first-quarter earnings and sales gain from strong shipment volume and depletions growth. The company perks up shipments and depletions view for 2019.
'Optimus Ride' is launching it's self-driving shuttle in New York City, aiming to change the self-driving vehicle space. Yahoo Finance's Zack Guzman and Jeanie Ahn are joined by Anna-Marie Wascher, Flat World Partners CEO, and Ryan Chin, Optimus Ride CEO and Co-Founder, to discuss.