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The Zacks Friday Finish Line Highlights: Under Armour, General Motors, Chipotle, AT&T, Time Warner
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For Immediate Release
Chicago, IL—October 28, 2016—Zacks Friday Finish Line is a podcast hosted weekly by Zacks Editor Maddy Johnson and Content Writer Ryan McQueeney that takes on the week’s biggest news from the financial and investment world.
AT&T-Time Warner Deal: The Good, The Bad, The Ugly
Welcome to Episode #18 of the Zacks Friday Finish Line Podcast!
Under Armour Q3 Earnings
The hosts started off the episode by discussing athletic retailer Under Armour’s (UA - Free Report) third quarter earnings results. Despite a beat on both its top and bottom lines, UA stock plunged as much as 14% following the report’s release.
General Motors Q3 Earnings
Maddy and Ryan also covered car manufacturing giant General Motors’ (GM - Free Report) third quarter financial results. Like UA stock, share of GM were acting sluggish shortly after its report was released, down around 3.8% in midday trading Tuesday. Despite impressive earnings, investors showed fear of a slowdown in U.S. vehicle sales, currency instability in Europe, and uncertainly about China, in turn negatively affecting GM stock.
Chipotle Q3 Earnings
Last on this episode’s earnings docket was Chipotle Mexican Grill (CMG - Free Report) . Our favorite burrito maker reported disappointing earnings and revenue results, as well as weak comparable restaurant sales and transactions. Chipotle went on to blame the decline in comps on the fall in the number of transactions at its restaurants, and also a decline in average check.
AT&T-Time Warner Deal Pushes Forward
Finally, the featured story of the week surrounded perhaps one of the biggest deals of the year: AT&T’s (T - Free Report) takeover of media giant Time Warner . Both companies are behemoths in their own industries, a fact which has made consumers, lawmakers, and politicians wary. Will the deal be able to pass all of the inevitable regulatory hoops?
Want More Zacks Friday Finish Line?
Check back every Friday for a new episode that looks at each week’s biggest financial and investment news. You can follow the Zacks Friday Finish Line Podcast on iTunes, Soundcloud, and ZacksInvestmentNews on YouTube.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Friday Finish Line Highlights: Under Armour, General Motors, Chipotle, AT&T, Time Warner
For Immediate Release
Chicago, IL—October 28, 2016—Zacks Friday Finish Line is a podcast hosted weekly by Zacks Editor Maddy Johnson and Content Writer Ryan McQueeney that takes on the week’s biggest news from the financial and investment world.
AT&T-Time Warner Deal: The Good, The Bad, The Ugly
Welcome to Episode #18 of the Zacks Friday Finish Line Podcast!
Under Armour Q3 Earnings
The hosts started off the episode by discussing athletic retailer Under Armour’s (UA - Free Report) third quarter earnings results. Despite a beat on both its top and bottom lines, UA stock plunged as much as 14% following the report’s release.
General Motors Q3 Earnings
Maddy and Ryan also covered car manufacturing giant General Motors’ (GM - Free Report) third quarter financial results. Like UA stock, share of GM were acting sluggish shortly after its report was released, down around 3.8% in midday trading Tuesday. Despite impressive earnings, investors showed fear of a slowdown in U.S. vehicle sales, currency instability in Europe, and uncertainly about China, in turn negatively affecting GM stock.
Chipotle Q3 Earnings
Last on this episode’s earnings docket was Chipotle Mexican Grill (CMG - Free Report) . Our favorite burrito maker reported disappointing earnings and revenue results, as well as weak comparable restaurant sales and transactions. Chipotle went on to blame the decline in comps on the fall in the number of transactions at its restaurants, and also a decline in average check.
AT&T-Time Warner Deal Pushes Forward
Finally, the featured story of the week surrounded perhaps one of the biggest deals of the year: AT&T’s (T - Free Report) takeover of media giant Time Warner . Both companies are behemoths in their own industries, a fact which has made consumers, lawmakers, and politicians wary. Will the deal be able to pass all of the inevitable regulatory hoops?
Want More Zacks Friday Finish Line?
Check back every Friday for a new episode that looks at each week’s biggest financial and investment news. You can follow the Zacks Friday Finish Line Podcast on iTunes, Soundcloud, and ZacksInvestmentNews on YouTube.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.