Stock Market Today


For some time Apple (AAPL) had the weight of being susceptible to downward pressure because its heavy reliance on its iPhone to carry the performance of the company. Asia was particularly good for the iPad, with Japan and China having over 50 percent of iPads sold being to first time iPad customers.

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The stance is exactly where it should be: RBI [0.11]

Posted on Aug. 2, 2017, 4:07 p.m. by Markets @ [source]

After the Reserve bank of India’s (RBI’s) decision to reduce the by 25 basis points, Governor and senior colleagues spoke to the media on the Monetary Policy Committee’s (MPC's) decision to maintain a neutral stance, the need for better transmission and other key issues.

There has been a liquidity overhang in the banking system for quite some time.

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The shares of Walgreens Boots Alliance (WBA) are basically flat over the past twelve months (up about 2%), which presents potential investors a golden opportunity in my view. From here, we see the shares rising to $87.00 over the next three months.

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Qatar Airways said on Wednesday it was backing out of its proposed investment in American Airlines, an abrupt reversal of its plans to take a big stake in the carrier.

Qatar said its decision to cancel the deal was made after taking into account American’s latest “public disclosure.” Based on that information, the airline said buying into American “no longer meets our objectives,” but it promised to continue seeking investment opportunities in the United States.

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Power supplier The Southern Company SO reported second-quarter 2017 earnings per share (excluding certain one-time items) of 73 cents, beating the Zacks Consensus Estimate of 71 cents.

The power supplier's operations and maintenance cost increased 18.3% to $1,301 million, while the utility's total operating expense for the period - at $7,024 million - was up 114.5% from the prior-year level.

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ALLETE, Inc. ALE reported second-quarter 2017 adjusted earnings of 72 cents per share, surpassing the Zacks Consensus Estimate of 57 cents by 26.3%. Further, the timing of the recognition of a conservation improvement program financial incentive following the approval Minnesota Public Utilities Commission provided more impetus.In second-quarter 2017, ALLETE's total revenues of $353.3 million beat the Zacks Consensus Estimate of $318 million by 11.1%.

ALLETE cents Consensus Estimate earnings increased quarter reported second quarter year Zacks Consensus


Genworth Financial, Inc. GNW reported second-quarter 2017 net operating income of 30 cents per share, beating the Zacks Consensus Estimate of 22 cents per share by 36.4%.

Total revenue of Genworth Financial declined 3.8% year over year to $2.12 billion.

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Regency Centers Corporation REG is slated to report second-quarter 2017 results on Aug 3, after the market closes .

Regency specializes in building a premium portfolio of grocery-anchored shopping centers and neighborhood centers.

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Unisys Corporation UIS reported second-quarter 2017 GAAP loss of $42 million or loss of 83 cents per share against net income of $21.6 million or 36 cents per share in the year-earlier quarter.

As of Jun 30, 2017, Unisys had $571.1 million in cash and cash equivalents with long-term debt of $629.8 million.

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The Q2 earnings season has so far seen releases from 41.9% of the consumer staples companies in the S&P 500 cohort. According to the latest Earnings Preview , 53.8% of the companies in the Consumer Staples sector have surpassed earnings and 61.5% have beat revenue expectations.

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Streets under water after heavy rain [-0.10]

Posted on Aug. 2, 2017, 3:59 p.m. by Distressed Volatility @ [source]

Flooding did not stop drivers who continued to drive, leaving some stranded.

continued Drive drivers flooding leaving stop stranded


Listen along.

Readers should review my notes on 1Q17 results before proceeding.

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The real estate market has generally been favorable in recent years, and real estate investment trusts like Gramercy Property Trust (NYSE: GPT) have sought to tap into strong demand for good properties. Sales centered on the office and retail bank branch real estate segment, and the company recorded net gains of $2 million on the sales.

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Sirius XM Holdings (NASDAQ: SIRI) hit its highest levels in more than a decade last week after posting strong quarterly results. Sirius XM has a few interesting nuggets to offer aside from the headline numbers.

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Investors came into Spirit Airlines ' (NASDAQ: SAVE) Q2 earnings report expecting an improved revenue picture that would help boost earnings for the remainder of 2017.

In spite of the large additional costs caused by the cancellations (adjusted operating expenses rose 25%) -- adjusted operating margin came in at a respectable 19.1%.

Airlines cancellations caused flight Fornaro passenger Q2 quarter Revenue Spirit


Cognizant Technology Solutions (NASDAQ: CTSH) , a provider of information technology consulting and business services, impressed investors earlier this year with a strong first quarter earnings report .

While revenue and earnings get the most attention in earnings releases, Cognizant investors would be wise to pay attention to these developments at the company.

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Oil States International 's (NYSE: OIS) earnings result continued its internal tug of war this past quarter. U.S. shale drilling continues to be the belle of the ball in the oil market, but it has reached that status at the expense of other production sources internationally and offshore.

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Apple, Inc. Reports Strong Growth [0.16]

Posted on Aug. 2, 2017, 3:57 p.m. by Latest Articles in Stocks @ [source]

In its second quarter, Apple (NASDAQ: AAPL) proved its recent return to growth won't be short-lived. Services revenue, which is Apple's second-largest product segment, also demonstrated strong growth, rising 22% year over year.

Apple fourth growth over year product quarter results Revenue segment year over


Analysts Rake Over the Oil Patch, Chop Price Targets [-0.12]

Posted on Aug. 2, 2017, 3:55 p.m. by 24/7 Wall St. @ [source]

When West Texas Intermediate (WTI) crude oil futures closed above $50 a barrel on Monday, after rising nearly 9% in the month of July, it seemed that the benchmark level might be able to hold.

Credit Suisse last week even cut its long-term price forecast for WTI from $62.50 to $57.00 a barrel in 2020.

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Louis Navellier [-0.30]

Posted on Aug. 2, 2017, 3:55 p.m. by Stock Gumshoe @ [source]

What is Louis Navellier referencing in there is 9 Billion in upcome loses for dividend stocks ?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader.

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