It’s make-or-break time for the big banks this week as JPMorgan, Citigroup and Wells Fargo gear up for earnings Friday morning.
Financials were staging a comeback Thursday morning, with the XLF ETF rallying more than 1 percent. Despite the surge, the group is still the worst-performing sector in the past month. However, “Options Action” trader Mike Khouw says a recent spike in options activity for the group could suggest the tides are about to change.
“The XLF saw above-average activity this week,” Khouw said Wednesday on CNBC’s Fast Money. “[Thursday] we saw approximately 1.5 times the average daily volume.”
Three of the financial ETF’s top holdings JP Morgan, Citigroup and Wells Fargo are expected to move around 3 percent in either direction when they report this Friday. Of the group, Khouw suggests investors keep a close eye on Wells Fargo.
Hot Clean Energy Stocks To Watch For 2021: Lockheed Martin Corporation(LMT)
Lockheed Martin Corporation, incorporated on August 29, 1994, is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics; Information Systems & Global Solutions (IS&GS); Missiles and Fire Control (MFC); Mission Systems and Training (MST), and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Company’s areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves customers, including military services, the United States Navy and various government agencies of the United States and other countries, as well as commercial and other customers.
The Company’s Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. The Company’s Aeronautics segment programs include F-35 Lightning II Joint Strike Fighter, which is an international multi-role, multi-variant, fifth generation stealth fighter; C-130 Hercules, which is an international tactical airlifter; F-16 Fighting Falcon, which is an international multi-role fighter; F-22 Raptor, which is an air dominance and multi-mission fifth generation stealth fighter, and C-5M Super Galaxy, which is an airlifter.
The Company’s F-35 program consists of a development contracts, multiple production contracts and sustainment activities. The Aeronautics segment produces and provides support and sustainment services for the C-130J Super Hercules, as well as upgrades and support services for the legacy C-130 Hercules across the world fleet. The Company produces F-16 aircraft for international ! customers. It also provides service-life extension, modernization and other upgrade programs for its customers’ F-16 aircraft. Its Aeronautics segment provides sustainment services for the existing United States Air Force C-5 Galaxy fleet and modernization activities to convert 49 C-5 Galaxy aircraft to the C-5M Super Galaxy configuration. The Company has delivered over 30 C-5M aircraft under these modernization activities. In addition to the aircraft programs, the Aeronautics segment is involved in advanced development programs incorporating design and rapid prototype applications.
The Company’s Advanced Development Programs (ADP) organization, also known as Skunk Works, is focused on future systems, including unmanned aerial systems and next generation capabilities for advanced strike, intelligence, surveillance, reconnaissance, situational awareness and air mobility. The Company continues to explore technology advancement and insertion in its existing aircraft. It is engaged in numerous network-enabled activities and also continues to invest in new technologies.
Information Systems & Global Solutions
The Company’s Information Systems & Global Solutions segment provides advanced technology systems and integrated information technology solutions, and management services across a range of applications for civil, defense, intelligence and other government customers. The Company’s IS&GS segment supports the needs of customers in data analytics, data center operation and air traffic management. The IS&GS provides network-enabled situational awareness and integrates global systems to help its customers gather, analyze and securely distribute critical data.
The IS&GS segment programs include the Hanford Mission Support contract, which is a program to provide infrastructure and site support services to the department of energy; En Route Automation Modernization (ERAM) contract, which is a program to replace the Federal Aviation Administration’s infrastructur! e with a ! modern automation environment that includes new functions and capabilities; National Science Foundation Antarctic Support program, which manages sites and equipment to enable universities, research institutions and federal agencies to conduct scientific research in the Antarctic, and QTC business, which provides information technology (IT)-enabled case management of outsourced medical evaluations for federal, state and commercial customers. Its Technical Services business provides a portfolio of technical and sustainment services to enhance its customers’ mission success, with core capabilities in engineering services; global aviation solutions; command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) product support; counter threat services, and education and sustainment services.
Missiles and Fire Control
The Company’s Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; energy management solutions, and manned and unmanned ground vehicles. The Company’s MFC segment programs include Patriot Advanced Capability-3 (PAC-3); Terminal High Altitude Area Defense (THAAD) air and missile defense programs; Multiple Launch Rocket System (MLRS); Hellfire; Joint Air-to-Surface Standoff Missile (JASSM); Javelin tactical missile programs; Apache; Sniper; Low Altitude Navigation and Targeting Infrared for Night (LANTIRN) fire control systems programs, and Special Operations Forces Contractor Logistics Support Services (SOF CLSS).
The Company’s PAC-3 is a defensive missile for the United States Army and international customers designed to intercept and eliminate incoming airborne threats using kinetic energy. THAAD is a transportable defensive missile system for the United States Government and international customers designed to en! gage targ! ets both within and outside of the earth’s atmosphere. MLRS is a mobile, automatic system that fires surface-to-surface rockets and missiles from the M270 and high mobility artillery rocket system platforms produced for the United States Army and international customers. Hellfire is an air-to-ground missile used on rotary and fixed-wing aircraft, which is produced for the United States Army, Navy, Marine Corps and international customers. JASSM is an air-to-ground missile launched from fixed-wing aircraft, which is produced for the United States Air Force and international customers. Javelin is a shoulder-fired anti-armor rocket system, which is produced for the United States Army, Marine Corps and international customers.
The Company’s Apache fire control system provides weapons targeting capability for the Apache helicopter for the United States Army and international customers. Sniper is a targeting system for several fixed-wing aircraft and LANTIRN is a combined navigation and targeting system for several fixed-wing aircraft. Both Sniper and LANTIRN are produced for the United States Air Force and international customers. The SOF CLSS program provides logistics support services to the operations forces of the United States military.
Mission Systems and Training
The Company’s Mission Systems and Training segment provides design, manufacture, service and support for various military and civil helicopters, ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defense systems; radar systems; the littoral combat ship (LCS); simulation and training services, and unmanned systems and technologies. In addition, MST supports the needs of customers in cybersecurity, and delivers communication and command capabilities through complex mission solutions for defense applications. MST’s programs include Black Hawk and Seahawk helicopters; Aegis Combat System (Aegis); LCS; Space Fence; Advanced! Hawkeye ! Radar System, and TPQ-53 Radar System.
The Company’s Aegis serves as a fleet ballistic missile defense system for the United States Navy and international customers, and is also a sea and land-based element of the United States missile defense system. Its LCS is a surface combatant ship for the United States navy designed to operate in shallow waters and the open ocean. The Company’s MH-60 is a maritime helicopter mission system and sensor, including the digital cockpit and weapons. ItsTPQ-53 Radar System is a sensor that locates and neutralizes mortar and rocket threats, produced for the United States Army and international customers. Its Advanced Hawkeye Radar System is an airborne early warning radar, which is provided by MST for the E2-C/E2-D aircraft produced for the United States Navy and international customers. The Company’s Space Fence system is a ground-based radar system for the United States Air Force designed to track the objects in space and to prevent space-based collisions.
The Company’s Space Systems segment is engaged in the research and development, design, engineering and production of satellites, strategic and defensive missile systems, and space transportation systems. The Company’s Space Systems segment programs include Space Based Infrared System (SBIRS), Advanced Extremely High Frequency (AEHF) system, Global Positioning System (GPS) III, Geostationary Operational Environmental Satellite R-Series (GOES-R), Mobile User Objective System (MUOS), Trident II D5 Fleet Ballistic Missile and Orion Multi-Purpose Crew Vehicle (Orion).
The Company’s SBIRS provides the United States Air Force with missile launch detection and tracking capabilities. AEHF system is secure communications satellites for the United States Air Force. GPS III is a program to modernize the GPS satellite system for the United States Air Force. GOES-R is the National Oceanic and Atmospheric Association’s meteorological satellites. MUOS is a narrow-band! satellit! e communication system for the United States Navy. The Trident II D5 Fleet Ballistic Missile is a program with the United States Navy for the only submarine-launched intercontinental ballistic missile in production in the United States. Orion is a spacecraft for the National Aeronautics and Space Administration (NASA) utilizing new technology for human exploration missions beyond low earth orbit.
- [By Money Morning Staff Reports]
The VQScore system gives Lockheed Martin Corp. (NYSE: LMT) a perfect score of 4.75. This defense stock is a staple of the U.S. defense industry, and it’s the company behind the F-35 program. Tens of billions of dollars are pouring into fighter jets right now, especially the Lockheed F-35 and Boeing’s F-15EX.
- [By Rich Smith]
Today, SpaceX continues to charge the U.S. government significantly less (than United Launch Alliance does) for launch services. However, a pair of recent contracts totaling $739 million in value demonstrates that the U.S. government is in fact willing to pay ULA more than SpaceX for the same work — at least sometimes. But perhaps even more important to the future prospects of ULA and its co-owners Boeing and Lockheed Martin (NYSE:LMT), ULA’s rockets are getting cheaper and moving closer to price parity with SpaceX’s.
- [By Lou Whiteman]
Lockheed Martin (NYSE:LMT) has been awarded a nine-figure down payment on a $15 billion missile-defense system for Saudi Arabia, a move that should go a long way toward alleviating concerns that the massive deal could be in jeopardy due to tensions between the Saudis and western governments.
- [By Lou Whiteman]
While no one is suggesting the spigot could be turned off on the Pentagon, the amount of funding the department receives will determine how quickly it moves to refresh its warfighting capabilities. A tight budget could materially impact the revenue outlook for Huntington Ingalls (NYSE:HII), for example, if it means slowing the pace of adding to the Navy fleet, or Lockheed Martin (NYSE:LMT) if the Air Force must stagger its future orders of new warplanes.
Hot Clean Energy Stocks To Watch For 2021: Western Union Company (WU)
The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago F谩cil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.
- [By Stephan Byrd]
TRADEMARK VIOLATION NOTICE: “The Western Union Company (WU) Position Increased by Van ECK Associates Corp” was first reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at www.tickerreport.com/banking-finance/4201508/the-western-union-company-wu-position-increased-by-van-eck-associates-corp.html.
- [By Garrett Baldwin]
Before the bell, the U.S. Bureau of Economic Analysis reported its second GDP estimate for the fourth quarter. U.S. economic growth came in at 2.6%, a figure that topped consensus expectations. Q2 and Q3 2018 GDP growth came in at fabulous levels – 4.2% and 3.4%, respectively. However, investors predicted the reading would come in lower due to the government shutdown during the fourth quarter. In other economic news, the Department of Labor this morning reported weekly jobless claims at 225,000. That figure is slightly higher than the 220,000 expected by economists. The price of Bitcoin is currently hovering just under $4,000. We’ve been watching a long process of consolidation at these levels for several weeks. Despite short-term pain in the markets, Money Morning’s David Zeiler outlines the bullish case for Bitcoin. How high can the price of Bitcoin go? David makes the bullish case that Bitcoin could hit $250,000 by 2025. For more on how to profit from Bitcoin’s next bull cycle, go here now.
Stocks to Watch Today: JCP, JWN, ACI, BUD
Shares of J.C. Penney Co. Inc.(NYSE: JCP) popped more than 16% after the embattled retail giant reported earnings. The company topped Wall Street expectations and announced plans to shutter another 18 department stores this year. The company’s balance sheet temporarily improved after it was able to reduce its massive inventory glut. The firm reported EPS of $0.18, topping forecasts by $0.08. Revenue came in at $3.79 billion. Shares of Anheuser Busch Inbev NV (NYSE: BUD) popped more than 5% after the beer brewing giant crushed Wall Street earnings expectations. The Budweiser and Corona maker announced plans to increase its non-alcoholic and low-alcohol drinks business, two areas that continue to show impressive and rising global demand. The Western Union Co. (NYSE: WU) is generating buzz after it announced a $1 billion stock buyback program. In addition, the payment giant said it would sell its Speedpay bill paying bu
- [By Jordan Wathen, Matthew Frankel, CFP, and Dan Caplinger]
Here’s why these Fool.com contributors think PayPal (NASDAQ:PYPL), Western Union (NYSE:WU), and Visa (NYSE:V) are worth adding to your portfolio.
Don’t let a so-so quarter distract you from this company’s long-term potential
Matt Frankel, CFP (PayPal): I’m generally a fan of any stock that stands to benefit from the gradual shift toward a cashless society, as I feel that the so-called War on Cash will be one of the greatest investment opportunities over the coming decades.
Hot Clean Energy Stocks To Watch For 2021: Hennessy Capital Acquisition Corp. II(HCACU)
We are a blank check company incorporated in April 2015 as a Delaware corporation formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Objective and Business Opportunity
While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we are focused on industries that complement our management team’s background and capitalize on the ability of our management team to identify and acquire a business, focusing on the industrial manufacturing, distribution or services sector in the United States (which may include a business based in the United States which has operations or opportunities outside of the United States). We are seeking to acquire one or more businesses with an aggregate enterprise value of approximately $500 million to $1 billion. Advisors’ Opinion:
- [By Logan Wallace]
ILLEGAL ACTIVITY WARNING: “Daseke (HCACU) Reaches New 1-Year High at $10.07” was originally posted by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at www.tickerreport.com/banking-finance/4214322/daseke-hcacu-reaches-new-1-year-high-at-10-07.html.
Hot Clean Energy Stocks To Watch For 2021: PDC Energy, Inc.(PDCE)
PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company operates in two segments: Oil and Gas Exploration and Production, and Gas Marketing. The Oil and Gas Exploration and Production segment produces and sells natural gas to midstream service providers, marketers, and utilities; crude oil; and natural gas liquids. The Gas Marketing segment purchases, aggregates, and resells natural gas; and purchases natural gas produced by third party producers for resale. This segment markets natural gas to third-party marketers and natural gas utilities, as well as to industrial and commercial customers. As of December 31, 2014, it had approximately 250 million barrels of crude oil equivalent of proved reserves; and owned an interest in approximately 2,900 gross producing wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012. PDC Energy, Inc. was founded in 1969 and is headquartered in Denver, Colorado.
- [By Stephan Byrd]
PDC Energy (NASDAQ:PDCE) last announced its earnings results on Wednesday, February 27th. The energy producer reported ($2.22) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($2.78). The firm had revenue of $386.40 million for the quarter, compared to the consensus estimate of $360.91 million. PDC Energy had a positive return on equity of 3.64% and a negative net margin of 10.52%. PDC Energy’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same quarter last year, the business posted $1.17 EPS. Equities research analysts predict that PDC Energy Inc will post 2.36 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “Prudential Financial Inc. Purchases 69,270 Shares of PDC Energy Inc (PDCE)” was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be accessed at www.tickerreport.com/banking-finance/4215584/prudential-financial-inc-purchases-69270-shares-of-pdc-energy-inc-pdce.html.
About PDC Energy
- [By Shane Hupp]
PDC Energy Inc (NASDAQ:PDCE) – Equities researchers at Seaport Global Securities cut their Q2 2019 earnings estimates for PDC Energy in a research note issued to investors on Wednesday, February 27th. Seaport Global Securities analyst M. Kelly now expects that the energy producer will post earnings of $0.40 per share for the quarter, down from their prior estimate of $0.46. Seaport Global Securities also issued estimates for PDC Energy’s Q3 2019 earnings at $0.49 EPS, Q4 2019 earnings at $0.57 EPS, FY2019 earnings at $2.07 EPS, Q1 2020 earnings at $0.77 EPS, Q2 2020 earnings at $0.66 EPS, Q3 2020 earnings at $0.74 EPS, Q4 2020 earnings at $0.83 EPS and FY2020 earnings at $3.00 EPS.
- [By Logan Wallace]
Get a free copy of the Zacks research report on PDC Energy (PDCE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Clean Energy Stocks To Watch For 2021: Cytosorbents Corporation(CTSO)
CytoSorbents Corporation, a critical care focused immunotherapy company, engages in the research, development, and commercialization of medical devices with its platform blood purification technology incorporating a proprietary adsorbent polymer technology. Its principal product is CytoSorb device, an extracorporeal cytokine filter designed for the adjunctive therapy in the treatment of sepsis; for the adjunctive therapy in other critical care applications; the prevention of post-operative complications of cardiopulmonary bypass surgery and damage to organs donated by brain-dead donors prior to organ harvest; the treatment of cancer cachexia; and the prevention of transfusion reactions caused by contaminants in transfused blood products; and the prevention of contrast induced nephropathy, the treatment of drug overdose, and the treatment of chronic kidney failure. The company is also developing HemoDefend blood purification technology platform to reduce contaminants in the blood supply that can cause transfusion reactions or disease when administering blood and blood products to patients; and ContrastSorb for the removal of IV contrast in blood administered during CT imaging, an angiogram, or during a vascular interventional radiology procedure to reduce the risk of contrast-induced nephropathy. In addition, it is developing BetaSorb device for the prevention and treatment of health complications caused by the accumulation of metabolic toxins in patients with chronic renal failure; and DrugSorb, an extracorporeal hemoperfusion cartridge designed to remove toxic chemicals from the blood. The company was formerly known as MedaSorb Technologies Corporation and changed its name to CytoSorbents Corporation in May 2010. CytoSorbents Corporation was founded in 1997 and is based in Monmouth Junction, New Jersey.
- [By Motley Fool Transcribers]
Cytosorbents Corp (NASDAQ:CTSO)Q42018 Earnings Conference CallMarch 07, 2019, 4:45 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Logan Wallace]
Get a free copy of the Zacks research report on Cytosorbents (CTSO)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Cytosorbents Corp (NASDAQ:CTSO) COO Vincent Capponi sold 9,565 shares of the company’s stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $13.00, for a total value of $124,345.00. Following the completion of the transaction, the chief operating officer now owns 342,333 shares in the company, valued at approximately $4,450,329. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Hot Clean Energy Stocks To Watch For 2021: DHX Media Ltd.(DHXM)
DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company focuses on childrens, youth, and family productions; offers animation programs; and provides production services. It exploits the companys own and third party brands in toys, games, apparel, publishing, and other categories; and holds broadcast licenses for Family Channel, Family Jr., T茅l茅magino, and Family CHRGD. In addition, the company sells initial broadcast rights, packages of programs, and reuse rights to existing series to individual broadcasters, as well as pre-sells series in development. Further, it produces and distributes media products, including approximately 35 owned Websites and approximately 50 online games to broadcast partners; licenses its brands, such as Teletubbies, Yo Gabba Gabba!, Caillou, Inspector Gadget, Johnny Test, Twirlywoos, Doozers, Busytown Mysteries, Degrassi, and Slugterra brands to third party developers for various platforms; and creates content for mobile platforms and publishes the content directly to consumers through paid subscription or download-to-own services. The company was formerly known as The Halifax Film Company Limited and changed its name to DHX Media Ltd. in March 2006. DHX Media Ltd. was incorporated in 2004 and is headquartered in Halifax, Canada.
- [By Stephan Byrd]
Dhx Media Com Vtg (OTCMKTS:DMQHF) and DHX Media (NASDAQ:DHXM) are both small-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, profitability, dividends, earnings, valuation and institutional ownership.
- [By Max Byerly]
Dhx Media Com Vtg (OTCMKTS:DMQHF) and DHX Media (NASDAQ:DHXM) are both small-cap consumer discretionary companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, valuation, dividends, analyst recommendations and risk.
- [By Stephan Byrd]
Dhx Media Com Vtg (OTCMKTS:DMQHF) and DHX Media (NASDAQ:DHXM) are both small-cap consumer discretionary companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, analyst recommendations, profitability, institutional ownership, dividends and valuation.
- [By Joseph Griffin]
Dhx Media Com Vtg (OTCMKTS:DMQHF) and DHX Media (NASDAQ:DHXM) are both small-cap consumer discretionary companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability.