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- Written by ThePitBoss
- Category: Earnings Reports
JPMorgan Chase, America's largest bank reported better than expected Q4 earnings Tuesday before the open. $JPM saw quarter profit rise 21% to $8.52 billion, or $2.68 a share. Equities Revenue was $1.37 billion. Wells Fargo $WFC and Citigroup also report Tuesday.
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- Category: Stocks
The top ten dividend paying stocks in the DJIA make up the Dogs of the Dow for 2020. An investment strategy that in theory takes out of much the market risk while delivering higher yields. Not always the case as we saw with GE collapsing two years ago. That is the Risk
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More bad news for FedEx after dissappointing earnings last week, Sunday, Amazon announced third-party sellers could not use $FDX's Ground and Home shipping for Prime services. FedEx wounded by slow European economy and the trade war took a hit.
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Nike reported stronger earnings than expected for the fiscal second quarter of 2020 after the close Thursday. $NKE saw strong revenue growth, gross margin expansion, selling and administrative expense leverage, lower tax rate and lower average share count.
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- Written by Super Harley
- Category: Earnings Reports
Pharmacy retailer Rite Aid swung to a much larger profit in the third quarter than expected, from a loss last year, with help from debt retirements and increased adjusted EBITDA. In a heavily short market it popped 45% after the release.
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- Category: Earnings Reports
Software solutions provider Adobe Systems reported better than expected earnings Fourth quarter earnings on Thursday with record quarterly revenue of $2.99 billion, 21% y/y growth. In fiscal year 2019 $ADBE saw record annual revenue of $11.1 7 billion, up 24% year-over-year
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- Category: Stocks
Apple iPhone shipments in China fell a massive 35.4% in November compared to the same time last year, despite a growing smart phone market in China Credit Suisse warned in a note Thursday, This was the second monthly double digit decline for the Consumer electronics giant
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Ollie's Bargain Outlet Holdings announced better than expected third quarter earnings Tuesday and a new CEO that sent the stock 12% higher. The US consumer is shopping on-line with $AMZN, $BBY and $WMT and discount and closeout retailers like $OLLI and Big Lots $BIG.
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Leading luxury homebuilder Toll Brothers reported a better than expected fourth-quarter earnings Monday. Net deliveries beat expectations with 2,672 units versus the consensus estimate 2,566 units.
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- Category: Stocks
Boeing stock largely has dodged a bullet many argue with it's Boeing 737 Max fallout. The rationale is there is basically just Boeing and Airbus making bulk planes, Meanwile the FAA testifies on it's review of the $BA jets and it's status
