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The International Monetary Fund (IMF) has lowered its growth forecast for the United Arab Emirates (UAE) for 2017 and 2018, owing to the impact low oil prices are expected to have on the gulf...
(0:30) - Netflix Earnings Report(1:55) - Emmy Nominations: Tech Take Over(4:15) - Content Budgets(7:00) - Streaming Services Effect on Hollywood(8:30) - Episode Roundup: Podcast@Zacks.comOn...
The S&P has closed higher 4 out of the last five weeks, but the higher it goes, the less interest and volume there is. After gapping lower on the 8:30 CT futures open the S&P 500 futures...
Last week I wrote an article reviewing the longer term perspective on the Dow Jones Industrial Average and had laid out my longer term outlook on the index and what my expectations were moving...
Progressive Corp.’s (NYSE:PGR) second-quarter 2017 operating earnings per share of 59 cents missed the Zacks Consensus Estimate by nearly 1.7%. However, earnings more than doubled from 29...
Yesterday it was the Chinese markets.We'll see if yesterday's selloff continues today, in light of my comments of June 29, and whether it eventually negatively affects other world markets.
1. Bank of AmericaFinancials - Diversified Financial Services | Reports July 18, before the open The Estimize consensus on Bank of America (NYSE:BAC) calls for EPS of $0.46, three cents higher than...
The yellow metal hit a two-week high as U.S. reported subdued inflation data, sparking concerns about the timing of the next interest rate hike (read: Gold ETFs Awaiting Bullish Reversals in Second...
The Charles Schwab Corp.’s (NYSE:SCHW) second-quarter 2017 earnings of 39 cents per share were in line with the Zacks Consensus Estimate. It increased 30% from the prior-year...
In its second-quarter 2017 results, Ericsson (BS:ERICAs) (NASDAQ:ERIC) reported non-IFRS earnings of SEK 0.17 (2 cents) per share (excluding amortizations, write-downs of acquired intangible assets...
The FANG stocks (Facebook (NASDAQ:FB) , Amazon.com (NASDAQ:AMZN) , Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) ) have been investors’ darlings this year, returning more...
Pentagon’s prime defense contractor, Lockheed Martin Corp. (NYSE:LMT) reported second-quarter 2017 earnings from continuing operations of $3.23 per share, beating the Zacks Consensus Estimate...
Backed by growth in rents and high occupancy, Prologis, Inc. (NYSE:PLD) reported second-quarter 2017 core funds from operations (“FFO”) per share of 84 cents, beating the Zacks Consensus...
Higher investment banking fees as well as loan growth drove Bank of America Corporation (NYSE:BAC)’s (NYSE:C) second-quarter 2017 earnings of 46 cents per share, which outpaced the Zacks...
Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) announced that it has signed a commercial license and supply agreement with Amgen Inc. (NASDAQ:AMGN) . Per the deal, Amgen was granted exclusive...