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June 6–7, U.S. and Chinese officials will be sitting down to discuss monetary policy, and the stakes for both nations have never been higher.
stock advice: EMCORE Corporation(EMKR)
- [By Peter Graham]
Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is thefifth mostshorted stock on theNASDAQ with short interest of 47.69% according to Highshortnterest.com.
- [By Lisa Levin]
Shares of EMCORE Corporation (NASDAQ: EMKR) got a boost, shooting up 30 percent to $8.38 after the company posted upbeat Q4 results.
Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) shares were also up, gaining 17 percent to $56.39 after the company reported stronger-than-expected results for its third quarter and boosted its full year net income guidance.
stock advice: Inter Parfums, Inc.(IPAR)
- [By Monica Gerson]
Inter Parfums, Inc. (NASDAQ: IPAR) is estimated to post its quarterly earnings at $0.31 per share on revenue of $110.58 million.
Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) is expected to report its quarterly earnings at $0.37 per share on revenue of $1.10 billion.
stock advice: ADA-ES Inc.(ADES)
- [By Jim Robertson]
Yesterday, our Under the Radar Moversnewsletter suggested small cap emissions solutions stock Advanced Emissions Solutions, Inc (NASDAQ: ADES) as a potential long/bullish trade:
stock advice: Brink's Company (The)(BCO)
- [By Lee Jackson]
Another hedge fund that is also a director at Brink’s Co. (NYSE: BCO) was busy selling stock this past week. Starboard parted with a total of 650,000 shares of the security and protection company at prices that fell between $51.47 and $52.05. The total for the sale was set at $34 million. Shares closed on Friday at $52.00. The consensus price target is $56, and the52-week range is $26.86 to $53.90.
- [By Benzinga News Desk]
World Wrestling Entertainment (NYSE: WW) received a pair of downgrades after its earnings report came in below estimates.
Sell-Side's Most Noteworthy Calls
Baird downgraded Cardinal Health (NYSE: CAH) to Neutral.
Imperial downgraded Brinks (NYSE: BCO) to In-Line.
Jefferies upgraded AK Steel (NYSE: AKS) to Buy.
Craig-Hallum upgraded LendingClub (NYSE: LC) to Buy.
General Electric (NYSE: GE) was said to be in talks to acquire Baker Hughes (NYSE: BHI), according to sources as reported by Dow Jones. A deal could be valued at as much as $30 billion. However, Bloomberg later reported that a GE spokesperson said they're in talks with Baker Hughes regarding possible partnerships, but not an acquisition. Halliburton (NYSE: HAL) had attempted to acquire Baker Hughes in 2014, but the DoJ sued to block the deal valued at $35 billion.
stock advice: Arcadia Biosciences, Inc.(RKDA)
- [By Jim Robertson]
Yesterday, our Under the Radar Movers newsletter suggested small cap agricultural biotechnology Arcadia Biosciences (NASDAQ: RKDA) as a short/bearish trade:
- [By Peter Graham]
The Q3 2016 earnings report formid cap pet stock agricultural biotechnology Arcadia Biosciences (NASDAQ: RKDA) is scheduled for after the market closes onThursday (November 10th). Last Thursday, our Under the Radar Movers newsletter suggestedthe stockas a short/bearish trade, saying:
stock advice: Caseys General Stores, Inc.(CASY)
- [By Brian Stoffel]
For a number of years,Casey’s General Stores (NASDAQ:CASY) investors were rewarded by the small-town convenience chain’s decision to become a major vendor of pizza and other prepared foods. But with that success has come increased competition. Combined with somewhat stagnant economies in the areas that Casey’s operates — namely, towns of less than 5,000 people in middle America — the company has had trouble meeting its own expectations. That trend continued on Monday night when Casey’s announced earnings for the third quarter of its fiscal year.
- [By Lawrence Meyers]
Its been a mighty weird year for Caseys General Stores (CASY). The company has had some tough quarters, but just when things are looking bleak, the team got some runners on base and drove a few home.
- [By Mike Deane]
After the bell on Monday, Casey’s General Stores (CASY) announced its fiscal Q1 earnings, posting a strong increase in profits and overall revenues compared to the same time period last year.
The Ankeny, IA-based convenience store company announced quarterly revenues of $2.11 billion, which were up from $1.87 billion in last year’s same quarter. Profits for the company came in at $55.71 million, or $1.43 per share, compared to $39.03 million, or $1.01 per share, in last year’s Q1.
Both of these figures beat analysts’ estimates, which were EPS of $1.26 on revenues of $2.1 billion.
CASY shares were up $1.01, or 1.49%, at market close on Monday. YTD, the stock is up more than 26%.