News Stocks 

GE earnings: Can it possibly get any worse?

“Earnings: GE is expected to report earnings, excluding nonrecurring items, of 30 cents a share, according to the average estimates of 14 analysts surveyed by FactSet” writes Reporter Editor for marketwatch.com. GE has beaten revenue expectations the past three quarters, after missing 10 of the previous 12 quarters.See also: GE’s stock plunge puts 110-year run in the Dow industrials at risk.Revenue: That FactSet revenue consensus is $33.81 billion, up from $33.09 billion a year ago, but down from a consensus of $34.40 billion three months ago. The following are the…

Read More
News 

P&G earnings: Tide Pod challenge and U.S. business expected to feature

“Share price: P&G shares are up 3.7% for the last three months, and up 4.6% for the last year” writes Tonya Garcia for marketwatch.com. Revenue: FactSet analysts expect revenue of $17.39 billion, up from $16.86 billion last year and $16.65 billion last quarter.Earnings: P&G is expected to report earnings of $1.14, according to analysts tracked by FactSet, up from $1.08 last year and $1.09 last quarter.The company has been making headlines thanks to the latest online challenge that has teens eating Tide Pods, one of P&G’s PG, +0.90%   laundry…

Read More
News Stocks 

Dow stock Nike is testing a key level, and it could be very bullish

“Nike shares surged 4.8 percent on Friday, settling at $67.21, in its best one-day performance since November 2015” writes unknown author for cnbc.com. Nike’s stock performance since last summer has Maley feeling more bullish in its prospects for 2018.The stock then rallied back to $60 and exceeded it, a key breakout level in its performance.Nike shares have not fallen below $60 since Dec. 1.Analysts surveyed by FactSet have an average $66.40 price target on Nike shares, roughly 0.7 percent below current levels. Source: cnbc.com Share This:

Read More
Markets News 

Traders lack ‘an appetite to take action’ as shutdown runs on — analysts react to impasse

“It is doubtful whether the shutdown will directly impact the midterm elections in November” writes Markets Reporter for marketwatch.com. The Senate is now expected to vote on whether to re-open government at noon Eastern Time, but analysts are not optimistic any progress will be made. Source: marketwatch.com Share This:

Read More
News Stocks 

Zuckerberg’s control of Facebook may be a threat to the value of the stock, Macquarie says

“The changes announced by FB should remind investors that Zuckerberg controls the vote and the company” writes Jim Edwards for businessinsider.com. There is much to admire in this focus, but as financial analysts, we tend to get a bit concerned when we see vote-controlling CEOs defining what is meaningful and interactive,” Schacter and Alter said. Source: businessinsider.com Share This:

Read More
News Stocks 

Ford earnings: Disappointing outlook, stock weakness among stumbling blocks

“Ford Motor Co. comes to the week of its fourth-quarter earnings release hobbled by weak guidance and lows for its stock” writes Claudia Assis for marketwatch.com. Ford’s guidance earlier this month has disappointed Wall Street, and analysts are likely to scour earnings for signs the company can weather the storm.Tailwinds for Ford also include its promised investments in electric vehicles and mobility and the company’s ongoing cost-restructuring efforts.Stock reaction: Ford’s stock has been in the doldrums this year, down more than 4% in the past 12 months and hovering around…

Read More
News Stocks 

Square stock jumps after Instinet raises price target to $64, new Street-high

“SQ, +5.64% rose 3.8% in premarket trading Friday after analysts at Instinet raised their target price to $64, by far the highest among Wall Street analysts tracked by FactSet” writes Emily Bary for marketwatch.com. Square shares are up 173% over the past 12 months, while the S&P 500 Index SPX, +0.44% is up 24% in that time.They also see Square’s margins expanding as the company’s Square Capital lending business expands and as the company generates continued momentum for its software offerings.Dolev’s price target suggests more than 50% upside from current…

Read More
Markets News Regulators 

BOJ and ECB expectations have trader hopes riding high for the yen and the euro

“If expectations have moved too much too fast, the euro could drop to $1.21, according to the BNP analysts” writes Anneken Tappe for marketwatch.com. Much of the thesis surrounding a strong euro and a strengthening Japanese yen in 2018 is built around central banks and expectations for monetary-policy normalization across the globe.A hawkish ECB might provide a further fillip to the euro EURUSD, -0.0409%  in 2018.Still, “we would highlight that the yen remains very cheap from a long-term valuation perspective and [currency] markets continue to price in BOJ policy remaining…

Read More
News 

Ford shares sink to lowest level in nearly four months

“That would compare with adjusted earnings of 30 cents a share on sales of $38.7 billion in the year-ago period” writes Claudia Assis for marketwatch.com. Ford shares are down nearly 4% in the past 12 months, versus gains of 24% for the S&P 500 SPX, +0.15%  and 32% for the Dow Jones Industrials.Analysts surveyed by FactSet expect the auto maker to report adjusted earnings of 45 cents a share on sales of $36.5 billion. Source: marketwatch.com Share This:

Read More
News 

IBM’s revenue rises for the first time in nearly six years

“Its adjusted profit of $5.18 per share was a penny above analysts estimates” reports foxbusiness.com. IBM’s cloud business grew 30 percent in the fourth quarter.That has helped its revenue decline slow down in recent quarters and finally turn a corner last quarter.International Business Machines Corp’s (IBM) revenue rose for the first time in 23 quarters and beat analysts’ estimates as the company’s shift into its focus areas such as cloud computing and security services gains traction.IBM’s shares tumbled about 4 percent in extended trading on Thursday. Source: foxbusiness.com Share This:

Read More