AXP’s US Business Has Risen Sequentially, Signaling a Revival

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Yahoo!: CFRA Cuts to Hold on Risks of Further Data Breach Disclosure

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[at Barrons.com] – CFRA Research’s Scott Kessler this afternoon cut his rating on shares of Yahoo! (YHOO) to Hold from Buy, in advance of the company’s Q4 report today, after the closing bell, citing uncertainty around the pending acquisition of the “core” advertising business by Verizon Communications (VZ). Kessler thinks there’s more bad news to come from two massive data breaches the company has said compromised hundreds of millions of user account data: YHOO’s stock has risen 9.6% year to date, compared with an increase in the S&P 500 of 1.1%. Verizon communications is set to report its own quarterly results tomorrow morning, and doubtless will be Yahoo! shares today are up 36 cents, or 0.9%, at $42.41.






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Can Alibaba Cloud Compete with Amazon?

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My 2014 Best Performers, Looking Ahead To 2015

image

Alibaba Group Holding (BABA) Consumer Discretionary – Internet & Catalog Retail  | Reports January 24, Before Market Opens

Key Takeaways

  • The Estimize consensus is calling for earnings per share of $1.18 on $7.53 billion in revenue, 3 cent higher than Wall Street on the bottom line and $50 million on the top
  • Alibaba broke a Single’s Day record, the equivalent of Amazon Prime day, with $17.8 billion in sales
  • Alibaba continues to break ground in China’s cloud computing industry but still lags Amazon and Microsoft in terms of global dominance
  • What are you expecting for BABA? Click here to estimate!

Chinese ecommerce giant Alibaba is scheduled to report fiscal third quarter earnings tomorrow after the market closes. Despite a series of strong reports the stock ended 2016 on a sour note. Shares edged lower amid speculation that President Trump would impose a severe tariff on China or at the very least significantly hamper relations with the region. Most of these concerns were put to rest when Alibaba’s CEO Jack Ma visited Trump himself to talk through the ongoing issues. Apart of the discussion, Ma promised Alibaba would add 1 million jobs in the United States,what many deem as a publicity stunt to keep the President at bay.

For the fiscal third quarter, analysts expect Alibaba to post record high earnings and revenue largely on the back of the best Singles Day in company history. This year Singles Day, essentially Amazon Prime Day in China, generated $17.8 billion in revenue for the ecommerce giant. As a result the Estimize consensus predicts earnings to increase 18% from a year earlier to $1.18 per share. Revenue for the period is forecasted to grow by  41% to $7.53 billion, marking 3 consecutive quarters of 40%+ top line growth.

Unfortunately investor sentiment turned pessimistic lately causing shares to plummet 7% in the past 3 months. Historically shares experience a great deal of volatility during the earnings period; increasing 2% through the print and then dropping 3% 30 days following a report. Alibaba, like its American counterpart Amazon, controls multiple entities ranging from a financial services arm to a cloud computing business. Many of these spinoffs make successful companies in their own right. Alipay or Ant Financial, a spinoff of Alibaba, is the largest online payment service provider in the region preparing to IPO in 2017 with a valuation north of $60 billion.

Meanwhile, AliCloud, the cloud computing arm of Alibaba, continues to make waves in China’s rapidly growing cloud computing industry. As part of the company’s larger strategy, Alibaba plans on leveraging its cloud services to diversify into multiple verticals including AI, machine learning and image recognition. Some of these tools are being used to help tackle the rampant counterfeiting problem taking place on the platform.  Alibaba Cloud has scaled significantly in the region but globally it still can’t compete with Amazon Web Services or Microsoft Azure.

The cloud service did score a huge victory at last week’s Davos event, agreeing to a 12 year partnership to provide the Olympics with cloud computing services. Gaining more publicity on the global stage will help narrow the gap between them and either of the cloud computing heavy weights.

As with most companies, a few near term headwinds could hamper this week’s financial report. Trump still remains committed to doing something about China, which could very well limit Alibaba’s U.S. expansion. Beyond geopolitical risks, increasing competition, currency headwinds and an overall weak consumer environment pose a threat to performance.
Do you think BABA can beat estimates? There is still time to get your estimate in here!

Photo Credit: Charles Chan






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Investors Look for Yahoo! Deal Update From Verizon Earnings

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Lockheed, Alibaba, Brexit Ruling, Automakers Top Investing Action Plan

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My 2014 Best Performers, Looking Ahead To 2015






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Foxconn Considering $7B U.S. Plant

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Year-To-Date Winners: We Have Found The Market And It's Apple

APPLE – THE BEST OPPORTUNITY EVER?

I SEE APPLE GOING BACK ABOVE $300, SOONER RATHER THAN LATER

Jan.23 — Foxconn Technology Group is considering setting up a display-making plant in America that would cost more than $7 billion and might create 30,000 to 50,000 jobs. Tim Culpan, a Bloomberg Gadfly columnist, reports on “Bloomberg Markets.” His opinions are his own.






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GLOBAL MARKETS-Dollar, stocks slide on Trump’s protectionist stance

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Year-To-Date Winners: We Have Found The Market And It's Apple

APPLE – THE BEST OPPORTUNITY EVER?

I SEE APPLE GOING BACK ABOVE $300, SOONER RATHER THAN LATER

* Trump’s protectionist comments boost safe-haven assets

* U.S. stock fall as investors turn defensive

* U.S. yields slip before debt supply on Trump trade stance

* Dollar sinks to 7-week low on Trump uncertainty

* Oil dips, signs of U.S. output rise offset OPEC-led cuts (Updates to afternoon U.S. trading, adds settled oil prices)

By Saqib Iqbal Ahmed

Reuters) - The U.S. dollar fell to a seven-week low against a basket of key world currencies on Monday and global stock markets slipped amid investor concerns over protectionist rhetoric by U.S. President Donald Trump." class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" data-type="text" data-reactid="11">NEW YORK, Jan 23 (Reuters) – The U.S. dollar fell to a seven-week low against a basket of key world currencies on Monday and global stock markets slipped amid investor concerns over protectionist rhetoric by U.S. President Donald Trump.

U.S. Treasury yields dipped and gold rallied as demand for safe-haven assets was boosted by Trump’s stance on trade.

On Monday, Trump told U.S. manufacturing executives he would impose a hefty border tax on firms that import products into the United States after moving American factories overseas.

He also formally withdrew the United States from the Trans-Pacific Partnership trade deal.

Fears of a protectionist White House, and scant details on proposed tax cuts, infrastructure spending and deregulation, have prompted some investors to reassess the level of possible future government stimulus to bolster the U.S. economy.

“Given that the President’s first order of business is challenging trade deals, it has probably caught a number of optimistic investors off balance,” said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.

“Investors were positioning for tax cuts and regulatory roll backs out of the gate. Perhaps they are impatient but they are certainly disappointed.”

The dollar index, which measures the greenback against six major rivals, was down 0.59 percent at 100.15.

The safe-haven yen has been the main beneficiary of recent U.S. political uncertainty, rising for a second session against the dollar.

MSCI (Frankfurt: 3HM.Fnews) ‘s world index, which tracks shares in 46 countries, was little changed. The index found little support from Wall Street as the S&P 500 was on track for its worst session of the year.

The Dow Jones Industrial Average fell 47.3 points, or 0.24 percent, to 19,779.95, the S&P 500 lost 8.07 points, or 0.36 percent, to 2,263.24 and the Nasdaq Composite dropped 7.64 points, or 0.14 percent, to 5,547.70.

Among individual stock movers, shares in Qualcomm Inc dived almost 15 percent after it was sued by Apple (Swiss: AAPL-EUR.SWnews) on Friday.

European shares fell, weighed down by banks, oil stocks and a fall in Fingerprint Cards (LSE: 0RGY.Lnews) after the firm’s former CEO and a board member were arrested.

Europe’s broad FTSEurofirst 300 index closed down 0.48 percent at 1,425.49, its lowest close this year.

In bond markets, U.S. Treasury yields slipped ahead of $88 billion in government debt supply this week as investor jitters over Trump’s tough stance on trade spurred safe-haven demand for bonds.

The U.S. 10-year note was up 18/32 in price to yield 2.403 percent, down from a yield of 2.467 percent late on Friday.

Oil prices eased as signs of a strong recovery in U.S. drilling largely overshadowed news that OPEC and non-OPEC producers were on track to meet output reduction goals.

Brent crude settled down 26 cents, or 0.47 percent, at $55.23 a barrel, and U.S. crude settled down 47 cents, or 0.88 percent, at $52.75.

Gold rose to the highest in two months as uncertainty over Trump’s economic policies led investors to reach for safe-haven assets.

Spot gold was up 0.57 percent to $1,216.41 an ounce. (Additional reporting by Richard Leong and Chuck Mikolajczak; Editing by Bernadette Baum and Nick Zieminski)






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Caterpillar (CAT) Q4 Earnings: Another Beat in the Cards?

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Buy) or 3 (Hold), which have a significantly higher chance of beating earnings.<br><br><strong>Zacks ESP:</strong> Caterpillar’s Earnings ESP is +1.54% as the Most Accurate estimate of 66 cents is pegged higher than the Zacks Consensus Estimate of 65 cents. A positive ESP serves as a meaningful and leading indicator of a likely positive earnings surprise. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.<br><br><strong>Zacks Rank: </strong>Caterpillar carries a Zacks Rank #3. The combination of the company’s favorable Zacks Rank with a positive ESP makes us confident of an earnings beat.<br><br>Notably, the stocks having a Zacks Rank #4 and 5 (Sell-rated stocks) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions.<br><br><strong>Surprise History</strong><br><br>In the last quarter, Caterpillar’s earnings beat the Zacks Consensus Estimate by 13.33%. Going by the earnings surprise history, Caterpillar beat estimates in the last four quarters, leading to an overall positive average surprise of 8.53%.<br>&nbsp;" class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" data-type="text" data-reactid="5">The earnings release of Caterpillar, Inc. CAT is scheduled to be announced before the opening bell on Jan 26. It is a much-awaited event as the world’s largest manufacturer of construction and mining equipment is often considered an economic bellwether. Caterpillar’s results in the past few quarters, reflects a weak mining industry, low oil prices, a stronger U.S. dollar and China’s economic woes. Notably, the company’s adjusted earnings plunged 19% to 85 cents per share in the last quarter.

Earnings Whispers

Our proven model shows that Caterpillar is likely to beat earnings in the to-be-reported quarter because it has the right combination of two key ingredients – a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), which have a significantly higher chance of beating earnings.

Zacks ESP: Caterpillar’s Earnings ESP is +1.54% as the Most Accurate estimate of 66 cents is pegged higher than the Zacks Consensus Estimate of 65 cents. A positive ESP serves as a meaningful and leading indicator of a likely positive earnings surprise. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Caterpillar carries a Zacks Rank #3. The combination of the company’s favorable Zacks Rank with a positive ESP makes us confident of an earnings beat.

Notably, the stocks having a Zacks Rank #4 and 5 (Sell-rated stocks) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions.

Surprise History

In the last quarter, Caterpillar’s earnings beat the Zacks Consensus Estimate by 13.33%. Going by the earnings surprise history, Caterpillar beat estimates in the last four quarters, leading to an overall positive average surprise of 8.53%.
 

Caterpillar Inc. Price and EPS Surprise

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Caterpillar Inc. Price and EPS Surprise | Caterpillar Inc. Quote

Price Performance

In the past three months, the Caterpillar stock has underperformed the Zacks Categorized Machinery – Construction/Mining industry. The company has delivered a return of 10%, while the industry gained 11.4%.

What’s Driving the Better-Than-Expected Earnings?

The company will benefit from the recent pick up in construction-related activity. Construction in Asia Pacific is improving consistently and the EAME construction industry has also witnessed positive growth lately.

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Additionally, leading indicators of U.S. non-residential construction signal robust conditions ahead for the domestic construction industry. To counter the effect of weak end markets on its top line, Caterpillar remains committed to its goal of reducing costs, such that the decline in operating profit is no more than 25–30% of the decline in sales and revenues.

Some Other Promising Stocks

Caterpillar is not the only company looking up this earnings season. Here are some other stocks in the industrial products sector that you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter:

Deere & Company DE has an Earnings ESP of +13.73% and sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Ingersoll-Rand Plc IR has an Earnings ESP of +1.09% and carries a Zacks Rank #3.

AGCO Corporation AGCO, a Zacks Rank #3 stock has an Earnings ESP of +5.63%.

Zacks’ Top Investment Ideas for Long-Term Profit

How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Caterpillar, Inc. (CAT): Free Stock Analysis Report
 
Deere & Company (DE): Free Stock Analysis Report
 
AGCO Corporation (AGCO): Free Stock Analysis Report
 
Ingersoll-Rand PLC (Ireland) (IR): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
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[$$] Verizon Communications Earnings: What to Watch

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[at The Wall Street Journal] – Verizon Communications reports its fourth-quarter earnings Tuesday morning before the market opens, and investors will be looking for hints on the wireless carrier’s pending deal to acquire Yahoo and possible …






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US STOCKS-Wall St dips as investors turn defensive

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Year-To-Date Winners: We Have Found The Market And It's Apple

APPLE – THE BEST OPPORTUNITY EVER?

I SEE APPLE GOING BACK ABOVE $300, SOONER RATHER THAN LATER

* Dollar hits seven-week low, gold touches two-month high

* Qualcomm (Swiss: QCOM-USD.SWnews) plummets on Apple (NasdaqGS: AAPLnews) ‘s $1 bln lawsuit

* Indexes down: Dow 0.25 pct, S&P 0.42 pct, Nasdaq (Frankfurt: 813516news) 0.21 pct (Adds details, comments, updates prices)

By Chuck Mikolajczak

Reuters) - U.S. stocks declined on Monday to put the S&amp;P 500 on track for its worst session of the year as early signals from President Donald Trump highlighting a protectionist stance on trade put investors on the defensive." class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" data-type="text" data-reactid="9">NEW YORK, Jan 23 (Reuters) – U.S. stocks declined on Monday to put the S&P 500 on track for its worst session of the year as early signals from President Donald Trump highlighting a protectionist stance on trade put investors on the defensive.

In his latest executive order, Trump signed to formally withdraw the United States from the 12-nation Trans-Pacific partnership trade deal.

NAFTA) with leaders of Canada and Mexico." class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" data-type="text" data-reactid="11">Trump has also vowed to renegotiate the North American Free Trade Agreement (NAFTA) with leaders of Canada and Mexico.

“Given that the President’s first order of business is challenging trade deals, it has probably caught a number of optimistic investors off balance,” said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.

“Investors were positioning for tax cuts and regulatory rollbacks out of the gate. Perhaps they are impatient but they are certainly disappointed.”

Earlier in the day, Trump met with a dozen prominent American manufacturers at the White House and said he would slash regulations and cut corporate taxes to boost the economy. Trump also plans to meet with leaders of construction and sheet metal unions on Monday and automotive executives Tuesday.

The post-election rally led Wall Street to repeated highs since the election but has stalled recently, with the S&P 500 having registered consecutive weekly declines, as investors have become wary about the potential impact of an isolationist stance on world trade.

The Dow Jones Industrial Average fell 49.49 points, or 0.25 percent, to 19,777.76, the S&P 500 lost 9.51 points, or 0.42 percent, to 2,261.8 and the Nasdaq Composite dropped 11.81 points, or 0.21 percent, to 5,543.52.

The dollar touched a seven-week low of 100.18 against a basket of major currencies, while prices of safe-haven gold hit a two-month high.

Energy stocks, down 1.2 percent, were the worst performing of the 11 major S&P sectors, as oil prices eased on signs of a strong recovery in U.S. drilling. Halliburton (Swiss: HAL.SWnews) also weighed on the sector, down 2.8 percent after the world’s No. 2 oilfield services provider reported a bigger loss in the latest quarter.

Real estate was the only sector in positive territory.

Qualcomm tumbled more than 11 percent to $55.68 after Apple filed a $1-billion lawsuit against the chip supplier on Friday. Qualcomm was on track for its worst day since November 2015 and was the biggest drag on the S&P and the Nasdaq.

Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.73-to-1 ratio favored decliners.

The S&P 500 posted 15 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 72 new highs and 38 new lows. (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)






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