Date archive forFebruary, 2018
By gossewestra On Wednesday, February 28th, 2018
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US Dollar Bottoming Effort Takes a Step Forward

Talking Points – The DXY Index has cleared its downtrend from mid-December as well as the descending channel in place from mid-January; no longer is a broad USD-bearish bias appropriate. – The Japanese More...

By gossewestra On Wednesday, February 28th, 2018
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NutriSystem Inc. (NTRI) Tumbled To A New Low On Disappointing Forecast

NutriSystem Inc. (NTRI) reported fourth quarter EPS of $0.36 after the close Monday, up from $0.29 last year. The result included a non-cash write-off of $0.06 due to tax law changes. Analysts expected EPS of $0.40. The More...

By Investing.com On Wednesday, February 28th, 2018
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Opening Bell: Global Stocks Slide, Dollar Steadies, U.S. GDP In Focus

Stocks fall on increased risk of faster rate hikes Potential bidding war prompts Disney and 21st Century Fox sell off China’s official manufacturing index drops the most in 5 years IEA warnings on More...

By gossewestra On Wednesday, February 28th, 2018
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Akorn Inc. (AKRX) Plunged To A New Low On Investigation News

Akorn Inc. (AKRX) announced after the bell Monday that the company and Fresenius Kabi AG, with the assistance of outside consultants, are investigating alleged breaches of FDA data integrity requirements relating More...

By gossewestra On Wednesday, February 28th, 2018
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AutoZone Inc. (AZO) Sank To A 3-Month Low After Q2 Report

AutoZone Inc. (AZO) reported second quarter EPS of $8.47 Tuesday morning, compared to $7.75 in the prior year period. AutoZone gapped open lower Tuesday and declined for the majority of the day. The stock closed More...

By gossewestra On Wednesday, February 28th, 2018
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Fitbit Inc. (FIT) Fell To A 52-Week Low After Q4 Loss

Fitbit Inc. (FIT) reported a fourth quarter loss of $0.02 per share after the bell Monday. Analysts had expected break-even results. Fitbit gapped open lower Tuesday, but traded in a range for the bulk of the session. More...

By gossewestra On Wednesday, February 28th, 2018
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Tenet Healthcare Corp. (THC) Jumped On Q4 Results

Tenet Healthcare Corp. (THC) reported fourth quarter EPS of $1.40 after the close Monday, up from $0.23 in the prior year period. The company expects to report first quarter EPS between a loss of $0.10 and a profit More...

By Marc Chandler On Wednesday, February 28th, 2018
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It Takes Powell To Convince The Market That Yellen Was Right

Many market participants think they heard Fed Chair give a fairly strong signal that he favored a more aggressive course. The implied yield on the December rose five basis points to 1.535%. The December Fed funds More...

By gossewestra On Wednesday, February 28th, 2018
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Dillard’s Inc. (DDS) Surged On Q4 Earnings

Dillard’s Inc. (DDS) reported fourth quarter EPS of $5.55 Tuesday morning, which included an estimated tax benefit of approximately $2.73 per share. Analysts expected EPS of $1.77. Dillard’s gapped More...

By Market Pulse On Wednesday, February 28th, 2018
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Fed’s Door Ajar For Four Rate Hikes

Wednesday February 28: Five things the markets are talking about US interest rates and the dollar have moved higher after the new Fed Chair, Jerome Powell, noted in his first public outing on the ‘hill’ More...