Stock Market

Costco’s ( COST ) membership based warehouse model has been going strong despite e-commerce companies offering several conveniences for grocery shopping. Its loyal customers still prefer to visit its warehouse-like stores with their shopping lists and buy groceries and other home supplies in bulk. Costco has been slow in its e-commerce initiatives but the company does not seem to be overly concerned about this. Costco prefers its customers to visit its warehouses, since they are likely to spend more in a physical visit than online. However, Amazon now appears to be taking Costco head on by launching a new credit card which gives its Prime customers an additional 5% discount on all purchases on its platform. This is a Visa card that can be used by customers everywhere and earn discounts in both restaurants and gas stations as well. Amazon has more than 60 million Prime members and it is luring them through these discounts to shop more …

Leading analog chip maker, Texas Instruments ( TXN ) is set to report its Q4 2016 earnings on January 24th. Going by the company’s guidance for the quarter, its revenue and EPS figures have likely declined sequentially and moderately increased on a year-over-year basis. It should be noted that Q3 is usually a seasonally strong quarter for TI, due to which there is a sequential decline in its revenues and net income in Q4. In the table below, we note the key metrics as expected for the company in Q4. Going ahead, we can expect TI to see improvements in its gross margins. The company’s effective manufacturing strategy has helped it improve its gross margins by approximately 10 percentage points in the last five years. At 62%, the company’s gross margins were at its highest levels in Q3’16.  Margin improvements for TI are as a result of an increasing proportion of its revenues coming from the 300mm production facilities. …

The concepts, designs, gadgets — everything that is being showcased — provide a glimpse of the future. Every January thousands of people from around the globe converge on Las Vegas to attend the biggest trade show in the world. Incredible innovations and mind-boggling products are presented at the International Consumer Electronics Show, more commonly known as CES. Since its launch in 1967, CES has been the place where some of our best-known gadgets were introduced, such as the video cassette recorder, CD players, camcorders and the Microsoft Xbox. And don’t forget the ever-thinner flat-screen TV. This year LG displayed a 55-inch transparent TV and a TV it dubbed the “wallpaper” TV, which is narrower than an iPhone, plus a levitating speaker. Other Jetsons-like concepts that were presented at CES included Toyota’s (NYSE: TM ) new Concept-i UX car — a vehicle designed to “get to know you” and read your emotions and switch between self-driving …

Corning ( GLW ) will report its Q4’16 earnings on Tuesday, January 24th. We expect its revenues to increase on the back on strong demand for display technology products, which typically display seasonal strength in the fourth quarter. Corning’s optical communication business has also picked up growth momentum after slight decline in revenues due to software implementation issue in Q1’16, and this is expected to continue in Q4 as well. We may also start seeing growth in Corning’s specialty materials and environmental technology sales from this quarter, due to new contract wins in both segments. Declining operating income has been a concern for Corning in the first half of 2016, but its margins improved in Q3’16 and we expect this momentum to be carried in this quarter as well. Strong Performance Of Optical And Display Segments To Continue Corning’s overall revenues grew in second and third quarter of 2016, driven by strong performance in optical communications and …

The year 2016 was a comeback year for Anadarko Petroleum ( APC ), as the oil and gas company recovered almost 42% of its stock price over the year backed by the rebound in commodity prices, and the acquisition of Deepwater Gulf of Mexico (GOM) assets during the year. In addition to this, the US-based company finalized two significant asset sales of more than $3.5 billion over the last one month, that have put the company on track to exceed its divestment plan of $5 billion. The two deals includethe sale of Eagleford shale assets inSouth Texas for $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP, and sale of its upstream and midstream assets in the Marcellus Shale to Alta Marcellus Development for a sum of$1.24 billion (For More Details Read: Anadarko Shifts Focus To High-Margin Basins By Divesting Non-Core Assets). In this note, we analyze if the company paid a fair price for …

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is MiMedx Group, Inc. MDXG , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in MDXG. A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen one estimate moving down in the past 60 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from 15 cents a share a …

Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Applied Materials, Inc. AMAT . This firm, which is in the Semiconductor Equipment Manufacturing – Wafer Fabrication industry, saw EPS growth of 47.1% last year, and is looking great for this year too. In fact, the current growth estimate for this year calls for earnings-per-share growth of 38.8%. Furthermore, the long-term growth rate is currently an impressive 13.7%, suggesting pretty good prospects for the long haul. Applied Materials Inc. Price and Consensus Applied Materials Inc. Price and Consensus | Applied Materials Inc. Quote And if this …

1 2 3 410