While the focus on Facebook’s (NASDAQ:FB) new features this month has recently turned toward the social network’s latest move to copy Snapchat by bringing Snapchat’s stories format to the Facebook app, there’s another theme in Facebook’s recent new features for its apps that investors shouldn’t overlook: Facebook is betting more than ever on messaging.
New updates for Messenger
Since last Thursday, Facebook has announced three new key features for the company’s Messenger product, which Facebook says now has over 1 billion monthly active users.
Last Thursday, Facebook introduced Message Reactions and Mentions for Messenger.
Image source: Facebook.
Message Reactions enables users to react to a message in Messenger with an emotion by pressing and holding any message and then selecting a reaction. Reactions include love, smile, wow, sad, angry, thumbs up, and thumbs down emojis. The feature notably takes cues from Apple’s Tapback feature launched last year for iOS iMessage.
day trading penny stocks: StoneMor Partners L.P.(STON)
- [By Monica Gerson]
The list of below stocks is notable as the shares have traded on sequentially increasing volume spanning the trading days from September 16 to September 20:
day trading penny stocks: Arch Coal, Inc. (ARCH)
- [By Ben Levisohn]
The VanEck Vectors Coal ETF has gained 1.1% to $12.28 at 2:01 p.m. today, while Arch Coal (ARCH), which resumed listed trading yesterday after emerging from bankruptcy, has fallen 3% to $62.98.
day trading penny stocks: Canadian Solar Inc.(CSIQ)
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Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million.
General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion.
Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion.
Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million.
Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million.
Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million.
Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million.
Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter.
Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.
- [By Travis Hoium]
Here are a few more notable items from the week.
First Solar (NASDAQ:FSLR) completed 18 MW of solar farms in Thailand with Prime Road Group. This is a module supply agreement from First Solar and is an example of the strategy it’s moving to in the long term. Look for more projects in which the company supplies equipment but a third party does construction and owns the project. Speaking of supply agreements, First Solar signed a 140 MW module supply agreement in Australia this week. The project will begin construction in April, so this will be a source of revenue for First Solar this year. Canadian Solar (NASDAQ:CSIQ) sold three utility-scale solar projects totaling 59.8 MW to Fengate Real Asset Investments this week for $195.3 million. This helps monetize assets on the balance sheet, reducing risk for the business in 2017.
That’s all for this week in solar. Earnings season in the industry starts next week, so we’ll be able to see how strategies and trends are playing out in what’s sure to be an exciting 2017.
- [By Elizabeth Balboa]
First Solar, Inc (NASDAQ: FSLR) was trading down 3.7 percent Monday, while JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) was down 0.8 percent, SunPower Corporation (NASDAQ: SPWR) 4.4 percent, Canadian Solar Inc. (NASDAQ: CSIQ) 5.2 percent and JinkoSolar Holding Co., Ltd. (NYSE: JKS) 4.4 percent.
- [By Wayne Duggan]
Despite the potentially positive recent developments for solar investors, Johnson remains extremely bearish on solar stocks. Axiom maintains Sell ratings on the following U.S.-listed names:
JA Solar Holdings Co. Ltd. (ADR) (NASDAQ: JASO) Yingli Green Energy Holding Co Ltd (ADR) (NYSE: YGE) Solaredge Technologies Inc (NASDAQ: SEDG) Canadian Solar Inc. (NASDAQ: CSIQ)
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Image Credit: Screengrab from “Trump Makes Statement On Paris Accord” By The White House [Public domain], via Wikimedia Commons
- [By Chris Lange]
Canadian Solar Inc. (NASDAQ: CSIQ) is set to report its fourth-quarter results on Tuesday morning. The analysts consensus estimates call for earnings per share (EPS) of $0.32 and $690.27 million in revenue. Shares closed trading at $13.74 on Friday. The consensus price target is $15.21, and the 52-week trading range is $10.25 to $21.35.
day trading penny stocks: Eagle Bancorp, Inc.(EGBN)
- [By Paul Ausick]
Eagle Bancorp Inc. (NASDAQ: EGBN) dropped 28% Friday to post a new 52-week low of $47.65 after closing at $66.15 on Thursday. The stock’s 52-week high is $69.80. Volume of around 3.6 million was more than three times the daily average. The bank holding company had no specific news Friday.
- [By Lisa Levin]
On Monday, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Eagle Bancorp, Inc. (NASDAQ: EGBN) and BankUnited (NYSE: BKU).
day trading penny stocks: Tele Celular Sul Participacoes S.A.(TSU)
- [By Lisa Levin]
In trading on Monday, telecommunications services shares fell 0.45 percent. Meanwhile, top losers in the sector included Shenandoah Telecommunications Company (NASDAQ: SHEN), down 3 percent, and TIM Participacoes SA (ADR) (NYSE: TSU) down 2 percent.