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Mid-Afternoon Market Update: Sorl Auto Parts Climbs After Strong Q1 Results; Westmoreland Shares Plunge

Toward the end of trading Monday the Dow traded up 0 36 percent to 20 971 10 while the NASDAQ gained 0 33 percent to 6 141 50 The S amp P also rose gaining 0 36 percent to 2 399 60 Leading and Lagging Sectors Basic materials sector was the top gainer in the US market on Source
Posted On 16 May 2017

Consumer Sector Update for 05/15/2017: SPB,SORL,CCCL

Top Consumer StocksTop Consumer Stocks WMT 0 76 WMT 0 76 MCD 0 65 MCD 0 65 DIS 0 37 DIS 0 37 CVS 0 40 CVS 0 40 KO 0 33 KO 0 33 Consumer stocks have turned mixed this afternoon with shares of consumer staples companies in the S amp P 500 hanging on for a 0 3 advance while shares Source
Posted On 16 May 2017

Technology Sector Update for 05/15/2017: CCUR,CYRN,OHGI

Top Tech StocksTop Tech Stocks MSFT 0 04 MSFT 0 04 AAPL 0 37 AAPL 0 37 IBM 0 78 IBM 0 78 CSCO 0 48 CSCO 0 48 GOOG 0 50 GOOG 0 50 Technology stocks resisted the small downturn for most sectors this afternoon with shares of tech companies in the S amp P 500 climbing Source
Posted On 16 May 2017

Sears (SHLD) Stock Sinks After CEO Rant, Bankruptcy Talk

Shares of Sears Holdings Corporation SHLD plummeted on Monday after its CEO took to the internet to post a bizarre statement against one of the company s vendors In a blog post on Monday CEO Eddie Lampert attacked One World writing Today we are taking a stand against one vendor...
Posted On 16 May 2017

Heres Why Adidas (ADDYY) Is A Strong Buy Stock Right Now

Investors should always be excited when a historically iconic brand presents a fresh buying opportunity and that s exactly what we have right now with Adidas ADDYY This legendary German athletic apparel maker is besting its competitors dominating key markets and soaring to new...
Posted On 16 May 2017

Lillys Migraine Drug Phase III Trials Meet Primary Endpoint

Eli Lilly and Company LLY recently announced that its migraine candidate galcanezumab met primary endpoint in phase III studies The data from the evaluation demonstrated that the galcanezumab led to statistically significant reduction in the number of migraine headaches days per...
Posted On 16 May 2017

Factors That Made TreeHouse Foods (THS) a Touch-Me-Not Stock

Have you offloaded Treehouse Foods Inc THS stock from your portfolio If not then you must take the required action as the stock is no more worth holding now This Zacks Rank 5 Strong Sell stock has declined 19 3 in the past one year underperforming both the Zacks categorized Source
Posted On 16 May 2017

U.S. Rig Count Rises for 17 Consecutive Weeks

Oil field services firm Baker Hughes Inc BHI recently reported the rig count for the week ended May 12 2017 In the U S the total number of rigs increased from the previous week primarily owing to an increase in the number of land rigs This is the 17th consecutive increase in the...
Posted On 16 May 2017

Cisco (CSCO) to Report Q3 Earnings: Whats in the Cards?

Cisco Systems Inc CSCO is set to release third quarter fiscal 2017 earnings on May 17 In the last quarter the company reported a positive earnings surprise of 6 We note that the stock has outperformed the Zacks Consensus Estimate thrice and posted in line results in one occasion...
Posted On 16 May 2017

Waymos Relationship with Uber Has Reached Point of No Return

On Sunday night Alphabet s GOOGL Waymo and Lyft announced that they were in a partnership on self driving technology that would give Waymo access to a network of travelers and Lyft access to leading self driving technology Lyft is a smaller Uber rival having raised 600 million...
Posted On 16 May 2017