Stanley Black & Decker (NYSE:SWK) issued an update on its FY18 earnings guidance on Friday morning. The company provided EPS guidance of $8.30-8.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.44.
NYSE:SWK opened at $150.01 on Friday. Stanley Black &am
Are oil and stocks really correlated? Ben Bernanke thinks so, and he thinks he knows why.
In his latest blog post over at Brookings, the former Federal Reserve chairman and his research assistant, Peter Olsen, dig into the relationship between oil and stock prices, and try to solve a market conundrum: Are the two asset classes really correlated? In other words, does the movement in one effect....More>>>
The Echo Dot, Amazon’s cheapest smart speaker, was the most popular item on the company’s online marketplace during its “biggest holiday season. That’s thanks in part to … customers buying Echoes from their Echoes and other Alexa-enabled products.
Echoes had also been best-sellers on Black Friday, and....More>>>
Amaya’s stock has been on a wild roller coaster ride this year, with catalysts ranging from the CEO (David Baazov) being accused of insider trading, to takeover rumors, to failed mergers and now a formal bid by the aforementioned CEO. There have certainly been a lot of hopes and headaches, but I believe there is a strong underlining long case to be made on Amaya. I wrote a blog post about....More>>>
The U.S. dollar rallied against the Japanese yen and the Canadian dollar on Monday, drawing on the abating concerns over North Korea as traders focused on the upcoming meeting of the Federal Reserve, as well as comments that the Bank of Canada will be closely watching its economy and strong currency following an interest-rate increase earlier this month.