IBM misses Q1-2017 rev. outlook, issues soft FY17 EPS view
Information technology giant International Business Machines (NYSE: IBM) reported a decline in the fiscal 2017 first-quarter revenues, compared with the corresponding quarter last year. The company also missed the Wall Street’s revenue estimates. However, the cloud service provider reported quarterly
Read MoreSamsung UP on issuing strong Q1-2017 earnings guidance
Amidst the corruption scandal, white goods and semiconductor chip manufacturer Samsung Electronics Co L (LSE: SMSN) issued a strong first-quarter 2017 earnings and revenue guidance on Friday last week. Ironically, since then, the stock has declined marginally to close at
Read MoreFord turns bearish on poor Q1-2017 earnings outlook
Automobile manufacturer, Ford Motor Company (NYSE: F) issued a gloomy fiscal 2017 first-quarter outlook last week. Following the announcement, the stock has so far lost about 6% of its value to close at $11.46 on Monday. As explained below, the
Read MoreBank of America turns bullish on Fed rate hike expectations
On January 17th , we forecasted an uptrend in the stock of Bank of America (NYSE: BAC) and recommended purchasing a high option contract with expiry date falling on March 24th . The stock rose as expected and the suggested
Read MoreeBay signals downtrend on lackluster Q1-2017 EPS view
In January end, e-commerce company eBay Inc (NASDAQ: EBAY) reported fiscal 2016 fourth-quarter earnings that beat analysts’ estimates. The quarterly revenue was also in line with the market’s expectation. This propelled the stock price of eBay to $34 levels in
Read MoreAIG net loss widens in Q4-2016, misses EPS estimates
Hit by a multi-billion charge, the global insurance company American International Group Inc. (NYSE: AIG) posted a fiscal 2016 fourth-quarter loss that widened from the prior year’s similar quarter. The company also missed analysts’ estimates by a wide margin. The
Read MoreWalt Disney misses Q1-2017 view, gets downgraded by Vetr
Last week, media and entertainment company Walt Disney (NYSE: DIS) reported fiscal 2017 first-quarter earnings that beat analysts’ estimates. However, the stock, which recorded a 12-month high of $111.99 on the February 1st , failed to appreciate further. At the
Read MoreMasterCard beats Q4 EPS view, Vetr upgrades stock
Last week, the stock of Credit card provider MasterCard Inc. (NYSE: MA) tumbled to a low of $103.96, after reporting a lower-than-anticipated fiscal 2016 fourth-quarter revenue. The company, however, recorded a 9.5% and 9% growth in Q4 revenues and earnings,
Read MoreAlphabet Q4 earnings miss view on $586 million charge
The parent company of Google, Alphabet (NASDAQ: GOOG), reported fiscal 2016 fourth-quarter earnings that missed analysts’ estimates by a margin of 28 cents. Following the results, investors sold their positions in the stock. Since Friday, the stock has lost about
Read MoreMcDonald’s beat Q4-2016 view, global comp sales rise 2.7%
Between May and October’16, the stock of renowned fast food chain operator McDonald's Corp (NYSE: MCD) fell from a high of $131.94 to a low of $110.81. Analysts attributed the decline to increased competition and fall in the same store
Read More
