Urban Outfitters (URBN) reported better-than-expected for the second-quarter fiscal 2018 after missing estimates in the preceding three quarters.
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eBay Inc. (EBAY) and Facebook have partnered to offer daily deals on Facebook's Mobile Marketplace.
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Microsoft's (MSFT) acquisition of HPC expert Cycle Computing is likely to generate positive synergies
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KBR, Inc. (KBR) clinched Project Management Consultancy (PMC) contract from Occidental of Abu Dhabi Ltd. for management of Dalma and H&G Islands Projects.
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DICK'S Sporting Goods, Inc. (DKS) saw negative earnings surprise of 4% in the second quarter of fiscal 2017. However, the top line met estimates.
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Ophthotech (OPHT) disappoints with poor evaluation of Fovista combined with Eylea or Avastin for treatment of AMD in phase III. The study misses the primary endpoint.
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Companies in the new are:
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Net cash flow from core operations in the Oil Refining industry increased nearly 235% in second-quarter 2017.
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Colgate-Palmolive Company (CL) has been witnessing soft sales due to continued softness in North America and challenges in Asia-Pacific region. However, management remains on track to deliver growth.
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Iamgold (IAG) completes its $2.5 million strategic investment in TomaGold.
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Bristol-Myers Squibb Company (BMY) announced disappointing top-line results from the CheckMate-214 trial on Opdivo in renal cell carcinoma.
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PVH Corp. (PVH) is slated to release 2Q17 results. Strength in premium brands and international business bodes well but currency headwinds are likely to hurt results.
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Tale of the Tape
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
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Abercrombie & Fitch Co. (ANF) is slated to release 2Q17 results. Management expects comps to remain challenging, and gross margin to be pressurized.
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The Charles Schwab Corporation's (SCHW) July metrics recorded year-over-year improvement including rise in client assets and new brokerage accounts.
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Stocks near a 52-week high compel investors to take a closer look for possibilities of a further rise. The truth is there is no crystal ball that can help one determine the impending trend.
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Investors like to add outperformers as they strive to design a portfolio that will fetch them handsome returns.
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Impressive third-quarter earnings, a strong balance sheet along with healthy prospects of Schnitzer (SCHN) resulted in a rank update.
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Philips (PHG) inked an agreement with Lakeland Health to integrate its IntelliVue Guardian Solution. The company continues to collaborate with major health care providers to fortify its stronghold.
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Cost-saving initiatives and transformation strategy are likely to act as tailwinds for Adtalem Global Education Inc. (ATGE). However, sluggish enrollments remain a concern.
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Let's put FLY Leasing Limited (FLY) stock into this equation and find out if it is a good choice for value-oriented investors right now
Though the acquisition deal will adversely affect the near term financials of Transocean (RIG), it is expected to boost the company's long-term growth opportunities, backlog and future revenues.
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Target (TGT) continued with its upbeat performance in fiscal 2017, as reflected from its impressive second-quarter results and an encouraging earnings outlook.
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The acquisition deal is expected to reinforce Nabors (NBR) position as the equipment and drilling services provider and result into synergies of around $30 million.
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Align Technology (ALGN) continues to ride high on robust growth in the Invisalign space.
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Alliance Data's (ADS) average receivables in Card Services reflect significant year-over-year improvement for July.
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Abbott Laboratories' (ABT) collaboration with North West London Pathology to strengthen its steadily growing diagnostics arm.
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Zacks.com featured highlights: Brink's, Brooks Automation and Western Asset Mortgage Capital
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Zacks #1 Rank Additions
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Wednesday
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Bear of the Day
Shares of this toymaker fell after weak results; what lies ahead?