Articles by: Daily Staff

Stock News

Pfizer Reports Positive Results for Abrocitinib as Dermatitis Treatment

Pfizer Reports Positive Results for Abrocitinib as Dermatitis Treatment

Pfizer (PFE) on Saturday reported positive results from its phase 3, 12-week study of abrocitinib, an investigational oral treatment of patients aged 12 and older with moderate to severe atopic dermatitis. The New York-based pharmaceutical company said that abrocitinib met all the co-primary and key secondary endpoints related to skin […]

by × October 14, 2019 × 0 comments

Finance

Wells Fargo Sees Second Half as a ‘Grind’ With Elevated Volatility, Low Single-Digit Returns

Wells Fargo Sees Second Half as a ‘Grind’ With Elevated Volatility, Low Single-Digit Returns

Returns for most asset classes are expected to be in the low single-digit area for the second half of the year, with periods of high volatility and potential for “speed bumps” over several domestic and international issues, according to the Wells Fargo Investment Institute. While a Federal Reserve interest-rate cut […]

by × July 22, 2019 × 0 comments

Markets

U.S. Bancorp’s Second-Quarter Results Beat Views on Net Interest Income Growth

U.S. Bancorp’s Second-Quarter Results Beat Views on Net Interest Income Growth

U.S. Bancorp (USB) on Wednesday reported better-than-expected results for the second quarter, with its chief executive crediting net interest income growth that was driven by solid loan and deposit trends. The Minneapolis-based bank said its per-share earnings rose to $1.09 in the quarter ended June 30, above $1.02 for the […]

by × July 17, 2019 × 0 comments

Uncategorized

What Kind of Picture Are the Technicals Painting For Theratechnologies (TH.TO)?

Theratechnologies (TH.TO) are being closely watched by investors as the firm’s Mesa Adaptive Moving Average (MAMA) has dipped below the Fractional Adaptive Moving Average (FAMA), indicating that a potential bearish move might be forthcoming.  The MESA Adaptive Moving Average, which was developed by John Ehlers, is a technical trend-following indicator which adapts to price movement […]

by × July 8, 2019 × 0 comments

Uncategorized

Stock in Review: Barings BDC, Inc. (:BBDC) EPS Expected to Grow 15.99%

Analysts are projecting Barings BDC, Inc. (:BBDC) to grow at an accelerated rate over the next five years.  Sell-side analysts are looking for the company to grow 15.99% over the next year and 5.00% over the next five years. Investors often conduct stock analysis to help figure out which ones are a good […]

by × July 8, 2019 × 0 comments

Uncategorized

A Look at What The 2.182029 ROIC Score Reveals About Monotype Imaging Holdings Inc. (NasdaqGS:TYPE)

Looking at some ROIC (Return on Invested Capital) numbers, Monotype Imaging Holdings Inc. (NasdaqGS:TYPE)’s ROIC Quality Score is 2.182029. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.  This […]

by × July 5, 2019 × 0 comments

Uncategorized

Pumping the Brakes? Analysts Take on Apellis Pharmaceuticals, Inc. (:APLS)

When monitoring analyst ratings, investors can use the average brokerage recommendation score to determine the consensus view on the stock. The ABR is an average of the recommendations offered by research firms on a given equity. The ABR rank is displayed in the range of 1 to 5 where 1 […]

by × July 5, 2019 × 0 comments

Uncategorized

Volatility Levels in Focus For Frank’s International N.V. (NYSE:FI) — Beta Runs to 1.40

After looking for stocks with higher betas, we can see that Frank’s International N.V. (NYSE:FI) has a current beta of 1.40. The beta of a stock is typically used as a historical volatility indicator in relation to the overall market. Beta is a measurement of the stock price fluctuation, and […]

by × July 5, 2019 × 0 comments

Finance

Close-up photograph of stock market chart

Global Economic Growth Forecasts Slashed by Morgan Stanley

Morgan Stanley lowered its global growth forecasts for this year and next, citing a backdrop of deteriorating corporate sentiment, weak incoming data and lingering uncertainty over trade tensions among contributing factors. The firm revised down its growth estimates by 20 basis points for both 2019 and 2020 to 3% and […]

by × July 1, 2019 × 0 comments

Stock News

Lennar Second-Quarter Results Beat Expectations

Lennar Second-Quarter Results Beat Expectations

Housebuilding company Lennar (LEN) said that it expects to see margin improvement over the next two quarters as it posted better-than-expected results for its second quarter, which were supported by increases in new orders and deliveries. The Miami-headquartered company generated revenue of $5.56 billion in the period ended May 31, […]

by × June 25, 2019 × 0 comments