Traders didn’t exactly love Home Depot Inc HD 0.61%‘s second-quarter earnings, and the stock is down about 2.7 percent since reporting on Aug. 15. However, Credit Suisse analyst Seth Sigmanliked what he saw and sees positive implications for both Home Depot and Lowe’s Companies, Inc. LOW 0.6% in the second half of the year.
When you’re starting a career as an entrepreneur, mistakes are part of the equation. But while no entrepreneur gets everything just right the first time, it’s helpful to avoid or at least prepare for some of the most common mistakes that tend to cause problems for new entrepreneurs.
Deere & Company (NYSE: DE) shares were up more than 50 percent in the past year prior to a 5.3 percent Friday sell-off in the wake of a disappointing earnings report. Now that the numbers are out, Deere investors must decide whether or not to join the ranks of the profit takers.
For Amazon.com, Inc. AMZN 0.55% investors, going an entire month without making a new all-time high is a strange feeling. However, after surging as high as $1,083 in late July, Amazon stock has taken a month-long breather, pulling back to below $950 and testing one of the few technical support levels the stock has at this high altitude.
The new Baker Hughes, a GE company Class A BHGE 1.43% is off to a bumpy start. The company, a union between oil services giant Baker Hughes and the oil & gas division of General Electric CompanyGE 0.37%, has struggled since it began trading under its new ticker earlier this summer.
Valeant Pharmaceuticals Intl Inc VRX 0.5% investors can breathe a sigh of relief following the latest updates on the company’s Tampa facility, which was the subject of a Complete Response Letter Valeant received from the FDA earlier this month. IN the letter, the FDA pointed out Current Good Manufacturing Practice deficiencies at the Tampa facility, but H.C.…
With the S&P 500 down 0.4 percent in the past five days, it’s been a pretty good week for most short sellers. However, despite the downward market drift, the single most popular stock to short in the entire U.S. market single-handedly cost short sellers at least $2 billion this week.
Deere & Company DE 0.54% shares were hammered Friday, falling 6.2 percent in the wake of a disappointing Q2 earnings report. But if there were ever a silver lining to such a large sell-off, technical traders may notice that Deere’s drop may have helped improve the chart’s long-term technical picture.
Wal-Mart Stores Inc WMT 0.88% failed to impress Wall Street with its second-quarter earnings report, despite topping consensus expectations across the board.
Automatic Data Processing ADP 0.01% management and investors weren’t particularly impressed by Bill Ackman’s presentation on how to improve its business on Thursday. However, BMO Capital Markets analyst Jeffrey Silber believes a handful of Ackman’s suggestions may at least be worth a second look.