Did the labor market rebound after adding just 98,000 jobs in March?
Thats the question this weeks economic news will answer. Most analystsbelieve job growth resumed its solid pace, but another disappointing showing would raise concerns about the economys health after the anemic first-quarter growth reported by the government on Friday.
Meanwhile, the Federal Reserve isnt expected....More>>>
Citigroup’s Andrew Kaplowitz explains why 3M’s (MMM) stock isn’t getting any love from the market today following its earnings:
European Pressphoto Agency
A relatively in-line result vs. our below Consensus estimates that we lowered after the company warned about weaker organic growth in early June. Reported EPS of $2.08 (vs. our $2.02 and Consensus of $2.07) includes....More>>>
NVIDIA (NASDAQ:NVDA)hit it out of the park again when it recently reported fiscal Q1 2018 earnings. Sharessoared 17.8% on the day following the earnings release and have returned 216.1% for the one-year period through May 19.
The visual computingspecialist’srevenue jumped 48% year over year to $1.94 billion, adjusted earnings per share soared 85% to $0.85, and GAAPearnings per share....More>>>
From the Big Picture to Individual Stock Breakouts
This analysis starts with a 14 year chart of the Dow Jones US Biotechnology Index shown below. As you can see in the chart, the last 3 years have been a classic “cup and handle” pattern consolidation period after about a 350% run up from 2012. I believe the technical analysis that I will detail below and combine with the underlying....More>>>
ICICI Direct’s research report on Firstsource Solutions
Revenues from operations grew 1.1% QoQ to | 897.3 crore and were below our 4.9% growth and | 930.4 crore estimate At 14.8%, EBITDA margins expanded 170 bps QoQ and were way above our 13.5% and 40 bps expansion estimate. Healthy margin expansion took place on account of lower-than-expected employee expenses (67.2% as a percentage....More>>>