Newsfeeds Archive - Page 8 of 9

3 minute read

Fastenal (FAST) Meets Q2 Earnings Estimates

July 13, 11:34 AM

Fastenal (NASDAQ: FAST) came out with quarterly earnings of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.

BLDR

3 minute read

ConocoPhillips (COP) Wins Approval To Develop Tommeliten Field

By Zacks

July 13, 11:32 AM

ConocoPhillips (NYSE: COP) received approval from the U.K. and Norway authorities for the development and operation of the Tommeliten A field in the North Sea.

COP

3 minute read

Equinor (EQNR) Scores Deal To Acquire East Point Energy

By Zacks

July 13, 11:27 AM

Equinor ASA EQNR entered an agreement to acquire battery storage developer East Point Energy LLC, marking its entry into the U.S. power market through flexible assets. The agreement backs Equinor's strategy of a clean energy economy and would provide a forum to expand its contributions in the United States.

4 minute read

Why Is An Earnings Beat Less Likely For BNY Mellon (BK) In Q2?

By Zacks

July 13, 10:42 AM

The Bank of New York Mellon Corporation BK is scheduled to report second-quarter 2022 results on Jul 15, before market open. While its revenues in the to-be-reported quarter are expected to have witnessed a rise on a year-over-year basis, earnings are likely to have declined.

5 minute read

4 Stocks Trading Near 52-Week High That Can Scale Higher

By Zacks

July 13, 10:37 AM

Investors generally consider a 52-week high as a good criterion to determine an entry or exit point for a given stock. However, stocks touching new 52-week highs are often predisposed to profit-taking, resulting in pullbacks and trend reversals.

AMN

5 minute read

Top 5 Mid-Cap Momentum Stocks To Gain Defying Volatility

By Zacks

July 13, 10:32 AM

Severe volatility in the U.S. stock markets since the beginning of this year has been showing no sign of abatement. U.S. stocks have corrected significantly so far in 2022 after a fabulous rally in the last two pandemic-ridden years.

CAR

5 minute read

Industrial REITs Poised To Shine On Robust Demand: 4 Key Players

By Zacks

July 13, 10:29 AM

The industrial real estate asset category has been, undoubtedly, playing a crucial role for the past few years in the growing e-commerce market, transforming how consumers shop and receive their goods. Moreover, the companies are making immense efforts to improve supply-chain efficiencies, propelling demand for logistics infrastructure and efficient distribution networks.

DRE

3 minute read

Delta Air Lines (DAL) Q2 Earnings Miss Estimates

By Zacks

July 13, 10:14 AM

Delta Air Lines (NYSE: DAL) came out with quarterly earnings of $1.44 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to loss of $1.07 per share a year ago. These figures are adjusted for non-recurring items.

DAL

4 minute read

5 Dividend Stocks That Promise Solid Growth

By Zacks

July 13, 10:06 AM

Heightened volatility and uncertainty in the stock market triggered by decades-high inflation, the Russia-Ukraine conflict and Fed's aggressive tightening policy have compelled investors to search for consistent income. In this regard, nothing is better than dividend investing.

ARCB

3 minute read

Middleby (MIDD) Buys CP Packaging, Boosts Packaging Offerings

By Zacks

July 13, 10:01 AM

The Middleby Corporation MIDD has acquired CP Packaging, a vacuum packaging equipment manufacturer based in Appleton, WI. CP Packaging generates annual sales of approximately $15 million.

GEF