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The Zacks Friday Finish Line Highlights: Brexit, Dow-DuPont Deal, RH & LULU Earnings
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For Immediate Release
Chicago, IL—March 31, 2017—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.
Brexit is a Go, Dow-DuPont Deal Gets EU Approval, & RH and LULU Earnings
On today’s episode of the Zacks Friday Finish Line, Editor Maddy Johnson is joined once again by Zacks Stock Strategist Tracey Ryniec, and together, they take on this week’s biggest stories: British Prime Minister Theresa May’s decision to invoke Article 50 of the Lisbon Treaty, initiating Brexit.
Dow-DuPont Merger
But first, Maddy and Tracey discussed the huge multi-billion-dollar merger between Dow Chemical (DOW - Free Report) and E.I. DuPont De Nemours (DD - Free Report) receiving approval from the European Union after both companies committed to divest major portions of different businesses. The two industry giants plan to focus on agriculture, material science, and the production and sale of specialty products.
Retail Earnings
hen, the hosts looked at earnings results from two “luxury” retailers: Restoration Hardware (RH - Free Report) and Lululemon (LULU - Free Report) . While each company posted mixed results, guidance played a key factor in both reports, affecting both retailers’ stocks drastically different. How will 2017 play out for the home furnishing giant and the must-have athleisure retailer?
Brexit
Finally, Maddy and Tracey covered the formal invoking of Article 50 of the Lisbon Treaty, which is the measure necessary for Brexit to happen. This occurred on Wednesday, and from that moment, the U.K. now has two years to work out a deal for exiting the EU, though many believe it could take much longer. For the U.K., triggering Article 50 is the easy part. Negotiating its exit package—including new trading relationships, the bill it has to pay, establishing tariffs, dealing with Scotland and Ireland, etc.—will likely not be so painless.
As always, thanks for listening to this special edition of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
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: Brexit, Dow-DuPont Deal, RH & LULU Earnings
For Immediate Release
Chicago, IL—March 31, 2017—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.
Brexit is a Go, Dow-DuPont Deal Gets EU Approval, & RH and LULU Earnings
On today’s episode of the Zacks Friday Finish Line, Editor Maddy Johnson is joined once again by Zacks Stock Strategist Tracey Ryniec, and together, they take on this week’s biggest stories: British Prime Minister Theresa May’s decision to invoke Article 50 of the Lisbon Treaty, initiating Brexit.
Dow-DuPont Merger
But first, Maddy and Tracey discussed the huge multi-billion-dollar merger between Dow Chemical (DOW - Free Report) and E.I. DuPont De Nemours (DD - Free Report) receiving approval from the European Union after both companies committed to divest major portions of different businesses. The two industry giants plan to focus on agriculture, material science, and the production and sale of specialty products.
Retail Earnings
hen, the hosts looked at earnings results from two “luxury” retailers: Restoration Hardware (RH - Free Report) and Lululemon (LULU - Free Report) . While each company posted mixed results, guidance played a key factor in both reports, affecting both retailers’ stocks drastically different. How will 2017 play out for the home furnishing giant and the must-have athleisure retailer?
Brexit
Finally, Maddy and Tracey covered the formal invoking of Article 50 of the Lisbon Treaty, which is the measure necessary for Brexit to happen. This occurred on Wednesday, and from that moment, the U.K. now has two years to work out a deal for exiting the EU, though many believe it could take much longer. For the U.K., triggering Article 50 is the easy part. Negotiating its exit package—including new trading relationships, the bill it has to pay, establishing tariffs, dealing with Scotland and Ireland, etc.—will likely not be so painless.
As always, thanks for listening to this special edition of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
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.