J.P. Morgan Securities downgraded the stock to "underweight"Shares of Acorda Therapeutics Inc (NASDAQ:ACOR) are plunging this morning, already down 13.9% to trade at $2.33. Acorda issued a double-whammy last night,sharing its corporate restructuring plan -- which includes a 25% cut to its workforce -- and unveiling lackluster third-quarter sales of Inbrija, its Parkinson's drug. As such, ACOR was...Read More
TSLA is on track for its best day since January 2012One of the top earnings winners this morning is Tesla Inc (NASDAQ:TSLA). The electric car concern reported adjusted third-quarter earnings of $1.86 per share, blowing past the estimated loss of 42 cents per share. The surprise profit beat was enough to overshadow a revenue miss, while CEO Elon Musk detailed a cheaper SUV rollout and revealed Tes...Read More
eBay predicted weaker-than-expected revenue for its fourth quarter The shares of eBay Inc (NASDAQ:EBAY) are eyeing four-month lows today, following a sub-par earnings report. While its reported earnings per share of 67 centsand $2.65 billion in revenue beat analyst estimates, the e-tailer predicted weaker-than-expected revenue for the holiday quarter. The forecast has analysts swarming thestock. S...Read More
Baird analysts are moving to the sidelines on ARWRGene silencing expert Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) has been a major winner in 2019. The shares are up more than 200% year-to-date and have added 41% in the past month alone, while yesterday touching their highest point in almost 12 years. However, one brokerage firm is telling investors it's time to move to the sidelines on ARWR stoc...Read More
NOK hit a six-year low out of the gateNokia Oyj (NYSE:NOK) stock has plunged 21.3% to trade at $4.02 -- earlier hitting a six-year low of $3.98 -- after the Finnish telecom network equipment maker cut its 2019 and 2020 profit guidance, citing rising costs associated with 5G technology and margin pressures. NOK also said it will temporarily suspend its dividend payment until its cash flow stabilize...Read More
Microsoft's strong report is helping the Dow Investors are again monitoring a heavy dose of corporate earnings this morning. Dow Jones Industrial Average (DJI) futures are getting a boost thanks to well-received reports from Microsoft (MSFT) and Dow (DOW), which are overshadowing pre-market losses for 3M (MMM). While there is some economic data to consider today, including this morning's weekly jo...Read More
After a brief bout of the yips that lasted from August to early October, the S&P 500 is once again close to hitting a new all-time high. New highs on their own are never a bad thing, and short periods of volatility are common, but the question now becomes whether those highs can be sustained. Because that's been a difficult proposition over the past year. The S&P's most recent high, which...Read More
"#GGP with another excellent #Haveiron update#Newcrest has now met the $5m first expenditure commitment & must surely be very happy with what it's found so far, including today's high #gold grades - 45m @ 7.1g/t & 96.4m @ 4.5g/thttps://t.co/CYHPuSmP76"Read full newsRead More
Gold went through a dark time at the turn of the century.Central banks are gold's leading proponents.A quiet love for the yellow metal.The Dutch make the case.GDXJ will outperform gold on the upside.Gold is money. The yellow metal has been around as a means of exchange long before there were dollars, euros, yen, pounds, yuan, or any of the other currencies of the world today. The role of gold as a...Read More
"$NOW - ServiceNow, Inc. (NOW) CEO John Donahoe on Q3 2019 Results - Earnings Call Transcript. Keep reading: https://t.co/mO6ywQvQvW #markets #stocks #investing"Read full newsRead More
"$MSFT - Microsoft Corp. (MSFT) CEO Satya Nadella on Q1 2020 Results - Earnings Call Transcript. Subscribe to Seeking Alpha for more: https://t.co/Btyg5jAeFW #business #stockmarket #finance"Read full newsRead More
"$RHI - Robert Half International Inc. (RHI) CEO Max Messmer on Q3 2019 Results - Earnings Call Transcript. Read more and get updates on any stock! https://t.co/QQN9DV34ny #stockmarket #finance #investing"Read full newsRead More
"$VDC $RHS - 2 Consumer Staples ETFs With Very Different Approaches - Here's The One To Buy Right Now. Read more and sign up for updates: https://t.co/Z82KzvjSUJ #finance #stockmarket #economy"Read full newsRead More
"$SGC - Superior Group Of Companies, Inc. (SGC) CEO Michael Benstock on Q3 2019 Results - Earnings Call Transcript. Follow this and any other stock on Seeking Alpha! https://t.co/4boumvoLMu #business #stocks #investing"Read full newsRead More
"$SEIC - SEI Investments Company (SEIC) CEO Al West on Q3 2019 Results - Earnings Call Transcript. Follow this and any other stock on Seeking Alpha! https://t.co/YsfyxqklLF #business #stockmarket #trading"Read full newsRead More
"$ADOM - ADOMANI, Inc. (ADOM) CEO Jim Reynolds on Q3 2019 Results - Earnings Call Transcript. Continue reading: https://t.co/yenMBBL2HF #stockmarket #trading #markets"Read full newsRead More
"$PYPL - PayPal Holdings' (PYPL) CEO Dan Schulman on Q3 2019 Results - Earnings Call Transcript. Follow this and any other stock on Seeking Alpha! https://t.co/hnQKKENChe #stocks #investing #stockmarket"Read full newsRead More
"$VAR - Varian Medical Systems, Inc. (VAR) CEO Dow Wilson on Q4 2019 Results - Earnings Call Transcript. Read more and sign up for updates: https://t.co/ZAq2nHybRu #stocks #finance #investing"Read full newsRead More
"$EW - Edwards Lifesciences Corporation (EW) CEO Mike Mussallem on Q3 2019 Results - Earnings Call Transcript. Subscribe to Seeking Alpha for more: https://t.co/fIT2RC2dlH #economy #stockmarket #trading"Read full newsRead More
"$NTGR - NETGEAR, Inc. (NTGR) CEO Patrick Lo on Q3 2019 Results - Earnings Call Transcript. Get more updates here: https://t.co/JxRrYmhgFr #economy #business #finance"Read full newsRead More