HanesBrands (NYSE: HBI) stock price has come under pressure, reaching 52-week lows in the past week, which has sparked my interest to evaluate the company. HanesBrands reported revenue and earnings in-line with analyst consensus estimates for the third quarter; however, the company provided slig
Shares of Chevron (CVX) are climbing today after the oil major beat earnings forecasts, doing what ExxonMobil (XOM) couldn’t. Citigroup’s Alastair Syme explains:
Chevron3Q16 adjusted net income of $1.0 B, adjusted for asset revaluations but excluding fx effects, was ahead of consensus and Citi forecasts (c. $0.7 B), driven largely by the Downstream business.....More>>>
July 26, 2017: Markets opened opened higher Wednesday and solid earnings reports from AT&T and Boeing kept the indexes in the green for the whole day. Telecom was the day’s best performing sector while basic materials was the worst. WTI crude oil for September delivery settled at $48.75 a barrel, up 1.8% for the day following the EIA report that U.S. inventories plunged last week. August....More>>>
U.S. equities notched fresh record highs on Thursday thanks to comments from President Donald Trump that specific tax reform plans — something “phenomenal” in his words — would be announced in the next two or three weeks. This single handedly revitalized the pro-Trump dynamic on Wall Street that had faded in recent days amid political bickering, a poorly received immigration....More>>>
Investors had plenty of surprises in November. Big gains by stocks during the month only added to the unexpected events.
The Standard & Poor’s 500 index rose 3.6% during November, an overdue change from what had been months of months of listless trading. But even more impressive were the 10 stocks in the index, including energy firm Marathon Oil (MRO), materials company Freeport-McMoRan....More>>>
It’s been an interesting few years for T-shirt manufacturer Delta Apparel (NYSEMKT:DLA). A huge spike in cotton prices in 2011 helped turn a near-$2 EPS in FY11 into a loss in FY12. (DLA fiscal years then ended in June; the company moved to September in 2013.) Delta managed to recover in FY13, getting EPS back over $1 – and then the company’s Soffe brand started falling apart,....More>>>
I was reminded of this over the Thanksgiving break as I impatiently waited for that derby-winning fish to bite. As I sat there bobbing in the boat trying to stay warm in the sub-30 degree temperatures in the panhandle of northern Idaho, I realized that fishing is
The words get a lot of attention... But they're almost never true. They provoke greed and fear... And people's emotions get the better of them. Too often, they let themselves believe "this time is different." Over the past couple of days, we've talked abou
Facebook (NYSE: FB) recently began implementing its long-talked about content moderation protocols, yet at the moment, the implementation appears to be cautious, and even perhaps slightly inconsistent and confused at times too.
Facebook's cautious approach will likely serve to protect its