For most of 2017, The Boeing Co. (NYSE: BA) had the best-performing stock among the 30 equities that comprise the Dow Jones Industrial Average Index. In 2018, the stock made a brief visit to the top but has dropped to eighth as of last Friday with a year-to-date gain of 16.2%. Not bad, but a steep drop compared with the 89% rise the aerospace giant posted in 2017.
A $200 billion company cannot nearly double its market cap every year, and a 16% share price increase is not something investors can ignore. But Boeing has a serious issue that it has not said much about, and one that could have a significant impact on the company’s cash flow, the metric Boeing harps on as being most indicative of its performance.
Analysts on Wednesday are going to get a chance to ask Boeing when all those airplanes parked outside its Everett, Washington, and North Charleston, South Carolina, plants are going to get the parts they need so that the planes can be delivered to customers. Until the aircraft are delivered, Boeing won’t receive the final payments from customers, and the cash may not flow as expected.
Hot Performing Stocks To Own For 2019: Unilever PLC(UL)
- [By Asit Sharma]
Raising prices in emerging markets to combat this sluggish volume isn’t easy at present. In Colgate-Palmolive’s largest geographical segment, Latin America, brisk economic growth over the last four quarters has tampered the high inflation experienced in the region, thus curtailing the ability of CPGs to hike prices. For those who are interested, I’ve described this phenomenon in more detail recently in regards to competitor Unilever (NYSE: UL).
- [By Isaac Pino, CPA]
Dollar Shave Club, bought by Unilever (NYSE:UL) in 2016, offers membership as low as $5. Again, the margins may be thin on the products — just like at Costco — but that’s made up by what hopefully becomes a longer, deeper relationship with the customer.
- [By Garrett Baldwin]
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Four Stocks to Watch Today: UL, SSNLF, TSLA, SNAP
Snap Inc. (NYSE: SNAP) is absolutely certain that it will become profitable in 2019. Despite the stock falling more than 45% this year and it now where close to its IPO, a company memo was leaked from a top executive that they have a goal of profitability for the full year of 2019. And it seems that a few investors are willing to believe them as shares are up 3.2% this morning. Keep in mind that this memo was leaked after the stock took a 5% hit on Thursday. Today, conglomerate Unilever NV (NYSE: UL) announced that it has abandoned a plan to move its operating headquarters out of the United Kingdom to the Netherlands. The move was originally announced ahead of the Brexit, which continues to barrel forward with tremendous uncertainty for politicians, citizens, and UK-based companies. The firm’s stock was off nearly 1% after it announced that a “significant group of shareholders” did not support the relocation plan. Shares of Tesla Inc. (NASDAQ: TSLA) fell 4.4% after CEO Elon Musk made a rather reckless accusation at the U.S. Securities and Exchange Commission. Musk referred to the SEC as the “Shortseller Enrichment Commission.” His mocking comes just days after Musk settled fraud charges stemming back to his claims in August that he had failed to inform the agency about material company events and misled investors that he had secured funding to take Tesla private. As part of the settlement, Musk also agreed to step down from his role of chair for at least three years and to have his Twitter messages vetted by company officials to
- [By Stephan Byrd]
US Bancorp DE lessened its position in UNILEVER N.V. Common Stock (NYSE:UL) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 202,586 shares of the company’s stock after selling 2,376 shares during the period. US Bancorp DE’s holdings in UNILEVER N.V. Common Stock were worth $11,198,000 as of its most recent SEC filing.
- [By Shane Hupp]
Church & Dwight (NYSE: CHD) and Unilever (NYSE:UL) are both large-cap consumer staples companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, dividends, profitability, analyst recommendations, earnings and valuation.
- [By Max Byerly]
Sandy Spring Bank increased its position in shares of Unilever plc (NYSE:UL) by 627.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,820 shares of the company’s stock after purchasing an additional 3,295 shares during the period. Sandy Spring Bank’s holdings in Unilever were worth $212,000 at the end of the most recent reporting period.
Hot Performing Stocks To Own For 2019: GlycoMimetics, Inc.(GLYC)
- [By Motley Fool Transcribing]
GlycoMimetics (NASDAQ:GLYC) Q2 2018 Earnings Conference CallAug. 10, 2018 8:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Logan Wallace]
Allianz Asset Management GmbH purchased a new stake in GlycoMimetics Inc (NASDAQ:GLYC) during the 1st quarter, Holdings Channel reports. The firm purchased 73,433 shares of the biotechnology company’s stock, valued at approximately $1,192,000.
- [By Max Byerly]
BidaskClub downgraded shares of GlycoMimetics (NASDAQ:GLYC) from a sell rating to a strong sell rating in a research report sent to investors on Saturday morning.
- [By Joseph Griffin]
GlycoMimetics (NASDAQ:GLYC)‘s stock had its “buy” rating reiterated by equities research analysts at Stifel Nicolaus in a research report issued to clients and investors on Sunday. They presently have a $24.00 price target on the biotechnology company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 64.16% from the company’s previous close.
Hot Performing Stocks To Own For 2019: Canadian Imperial Bank of Commerce(CM)
- [By Garrett Baldwin]
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The Top Stock Market Stories for Tuesday
The Euro has plunged to its lowest point against the U.S. dollar in 2018 thanks to political problems in Europe. The breakdown of power in Italy has raised new concerns about the nation’s ability to repay its debts, as the spread between German and Italian bonds has widened. Market instability has also spread to Spain where the nation’s parliament is preparing to vote on whether to oust Prime Minister Mariano Rajoy and his party. Oil prices slid one news that OPEC and Russia will consider hikes in production during a meeting in Vienna, Austria on June 22nd. The news accompanied reports that U.S. production is expected to rise throughout the summer. The price of WTI oil sat at $67.20 per barrel. The Brent crude oil price recovered this morning, adding 1% to hit $76.12. Canadian banks are under pressure this morning over a major breach by cyber criminals. The Bank of Montreal (NYSE: BMO) and the Canadian Imperial Bank of Commerce (NYSE: CM) – the two largest banking institutions in the country – announced that roughly 90,000 customers’ data may have been stolen. This would be the first major cybersecurity event to happen in Canada involving financial firms.
Three Stocks to Watch Today: CRM, SBUX, MOMO
com (NYSE: CRM) will lead a busy day of earnings reports on Wall Street. The cloud computing giant is set to report fiscal first quarter 2019 numbers after the bell on Tuesday. The average analyst projection calls for a 46% jump in EPS of $0.46 on top of a 23% gain in revenue to $2.94 billion. Starbucks’ Corporation (Nasdaq: SBUX) will temporarily close about 8,000 locations on Tuesday to train roughly 175,000 employees on racial bias. The training sessions were
- [By Logan Wallace]
Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.
- [By Max Byerly]
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.