The Charles Schwab Corporation (SCHW) Down 6.7%, But Why?

charles Schwab SCHW

The Charles Schwab Corporation (SCHW) released fourth quarter earnings for 2017 almost a month ago today and although the company beat estimates, investors are still unsteady about the near-term prospects. Since coming out with earnings of 44 cents per share, the stock has declined nearly 7%. The poor performance has left a few analysts bewildered given the fact that the ...

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Reliance Steel & Aluminum Co. (RS) Beats Both Earnings and Sales

Reliance Steel Aluminum Co

Value-added materials management company Reliance Steel & Aluminum Co. (RS), delivered positive earnings news to shareholders on Thursday, actually beating Wall Street estimates in a sound fashion. RS delivered adjusted earnings per share of $1.22, a good 22 cents above a consensus estimate of $1.00. This is impressive given the slow rate of growth across the global economy generally. Slowdown ...

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Fossil (FOSL) Jumps 80% While PepsiCo (PEP) Stumbles on Flat Sales

PepsiCo PEP

Amid the up and down movement of the markets, a few stocks are having notable trading. Two of those are Fossil (FOSL) and PepsiCo; both have made the news for two divergent reasons. Fossil (FOSL) was dominating the headlines on Wednesday after the stock exploded 80% on positive earnings news. FOSL reported spectacular earnings per share of 64 cents on ...

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Amazon.com Inc. (AMZN) Announces Layoffs at Seattle HQ

Are the good times over for Amazon.com Inc. (AMZN)? That’s the question many are asking after news broke on Monday that the online eCommerce giant is set to lay off hundreds of jobs at its Seattle headquarters. The actual numbers weren’t actually disclosed in the report but the rareness of the layoffs prompted many analysts to weigh in on what ...

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Both Cisco Systems, Inc. (CSCO) & Nvidia (NVDA) Have Q4 Buzz

NVDA & CSCO

Earnings season is bringing out the best in some surprising places. Two surprises have been Cisco Systems, Inc. (CSCO) & Nvidia (NVDA), both of which have shown strong Q4 numbers, allowing them to buck the trend presently dominating the markets. In the case of Cisco Systems, Inc. (CSCO), it was a matter of Wall Street love as analysts have been ...

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Kellogg Co. (K) & Skechers U.S.A (SKX) Beat Expectation In Q4

This earnings season has been very good for Kellogg Co. (K) & Skechers U.S.A (SKX). Both companies delighted their shareholders with better than expected results. For Kellogg Co. (K) it was a case of strong fourth quarter earnings, the company reporting net income of $428M or $1.23 earnings per share. The earnings with allowances made for non-recurring gains was 96 ...

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Gilead Sciences, Inc. (NASDAQ: GILD) Releases Q4 Earnings

Gilead Sciences, Inc. GILD

Independent biopharmaceutical company Gilead Sciences, Inc. (NASDAQ: GILD) on Tuesday, February 6, 2018, posted the results for its fourth quarter of 2017 and the numbers were somewhat mixed. At the top level of analysis GILD posted earnings of $1.78 a share off of revenues of $5.95B. The non-GAAP figures were a cut above some estimates. Zacks Research had pegged GILD ...

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Apple Inc. (NASDAQ: AAPL) Takes Minor Hit In Market Sell-off

The sell-off in US stocks which started last Friday, February 2, has hit a lot of companies hard—all except perhaps one of the biggest names on Wall Street, Apple Inc. (NASDAQ: AAPL). In trading Monday the iPhone maker managed only a modest decline, trading down $0.77 or 0.48% to close the day’s trading at $159.73. This was a huge sigh ...

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Chevron Corporation (NYSE: CVX) Misses Estimates

The promise of Big Oil inching higher hasn’t translated into major profits for Chevron Corporation (NYSE: CVX), one of the world’s biggest oil producers. In a recent Q4 2017 filing the US-based oil producer confirmed that it had fallen short of expectations. Analysts had set an estimated adjusted earnings figure of $1.23 per share; but CVK reported adjusted earnings of ...

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