Stock Alerts
Middleby sees 17.4% revenue growth, stock pulls back slightly on earnings miss
Yesterday, May 8, Middleby reported earnings of $1.24 a share, 10 cents a share below Wall Street estimates. Revenue for the first quarter climbed 17.4% from the first quarter of 2018 to $686.8 million, slightly above the $683.01 million Wall Street projection. Gross...
Pioneer Natural Resources gains on earnings beat, production increase, and asset sales
A complicated but very positive quarter for Pioneer Natural Resources (PXD.) The stock, a member of my long-term 50 Best Stocks Portfolio, climbed 3.92% today to $153.77. First, after the close on May 6, the company announced earnings of  $1.83 a share, 20 cents a...
Jubak Pick SolarEdge beat on earnings yesterday, gains 23% today
SolarEdge Technologies (SEDG) reported earnings of 64 cents a share after the New York markets closed yesterday. That was 7 cents a share above Wall Street projections. The company reported first quarter revenue of $271.9 million, up 29.5% year over year, and ahead of...
Kinder Morgan, a Dividend Portfolio pick, raises quarterly payout by 25%
On April 17, Kinder Morgan (KMI) reported first quarter 2019 results that were a penny below Wall Street estimates (at 24 cents a share) and that missed revenue projections at $3.43 billion versus the $3.63 billion consensus. (That amounted to a 0.3% year over year...
Vulcan Materials beats on earnings–up 4.4% even without infrastructure deal in Washington
Before the New York market opened this morning Vulcan Materials (VMC) announced earnings of 46 cents a share, excluding one time items. That was a full 9 cents a share above Wall Street expectations. Revenue of $996.5 million was up 16.6% year over year and beat Wall...
What Intel’s guidance cut says about Intel, chip stocks
Shares of Intel (INTC) continued their post-earnings slide today, dropping about 2.52% to $51.11. On April 24, the day before there company reported first quarter 2019 earnings, the stock closed at $58.72. That's a drop of 12.96% in less than a week. I think three...
Amazon signals slowdown ahead; Wall Street doesn’t believe it
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Selling Independent Bank (IBCP) out of my Dividend Portfolio
When I posted earlier today that I would keep Bank of America (BAC) in my Dividend Portfolio I said the decision rested largely on the ways that Bank of America wasn't like the "average" bank. Chief among these "ways" was the bank's ability to use its fee income--from...
2019 shaping up as a tough year for bank stocks–here’s why I’m holding Bank of America in my Dividend Portfolio
2018 was supposed to be a good year for bank stocks. Rising interest rates from the Federal Reserve would provide a positive environment for banks, bank revenues, and bank earnings. 2019 is likely to provide a negative backdrop for banks. The Fed is holding interest...
Bank of America earnings: Another big bank flags falling net interest income
This morning Bank of America (BAC) reported first quarter earnings of 70 cents a share, 4 cents a share above Wall Street projections. Earnings per share were up 13% from the first quarter of 2018 but flat with the fourth quarter of 2018. Revenue fell 0.4% year over...
After the market close, Boeing CEO announces that company will cut production by ten 737 planes a month.
By mid-April Boeing (BA) will cut production of its 737 plans to 42 a month from the current 52-a month pace. Before the crash of a 737 Max operated by Lion Air and one operated by Ethiopia Airlines, Boeing had planned to increase production of the 737 by 10% by...Jim’s Stock Alerts
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