Small cap dieting stock Weight Watchers International, Inc (NYSE: WTW) reported Q2 2017 earnings after the Thursday close with shares surging 14% in after hours trading as results were helped by its Oprah Winfrey-fueled marketing and updated diet program. The Company has been mounting a turnaround since Oprah bought a stake in the Company in 2015 and also agreed to pitch the brand.
Revenues grew 10.3% (up 12.1% on a constant currency basis) to $341.7 million as service revenues grew 12.5% (up 14.2% on a constant currency basis with thisincrease driven by growth in all major geographic markets) to $283.0 million. End of Period Subscribers were up 20.1% versus the prior year period, driven by growth in all major geographic markets while End of Period Meeting Subscribers were up 12.5% and End of Period Online Subscribers were up 25.8% versus the prior year period. Net income was $45.2 million versus $30.5 million. The CEO commented:
stock market news: National Grid Transco, PLC(NGG)
- [By Travis Hoium]
National Grid (NYSE:NGG) came out with some interesting information last week, saying 2.4 GW of distributed solar was added in the U.K. between February 2016 and February 2017 and another 1.5 GW is expected in the next year. The U.K. isn’t exactly a hotbed for solar activity, but it’s growing as an important market.
- [By Tyler Crowe, Dan Caplinger, and Neha Chamaria]
We asked three of our contributors to highlight a stock they see as a dividend stock to buy in February. They responded with automaker Ford Motors (NYSE:F), oil and gas logistics company Enterprise Products Partners (NYSE:EPD), and electricity transmission specialist National Grid (NYSE:NGG). Here’s a quick run-down as to why investors should take a look at these high-yield stocks.
- [By Lisa Levin]
Tuesday afternoon, the utilities sector proved to be a source of strength for the market. Leading the sector was strength from National Grid plc (ADR) (NYSE: NGG) and Dominion Resources, Inc. (NYSE: D).
stock market news: Coupa Software Incorporated (COUP)
- [By Taylor Cox]
Coupa Software Incorporated (NASDAQ: COUP)
Equifax Inc (NYSE: EFX) in New York
Annual Shareholder Meetings
1-800-Flowers.com, Inc (NASDAQ: FLWS)
Cicso Systems, Inc (NASDAQ: CSCO)
stock market news: Barclays PLC(BCS)
- [By Jon C. Ogg]
Barclays PLC (NYSE: BCS) was raised to Overweight from Equal Weight at Morgan Stanley. Its American depositary sharesclosed up 2.6% at $11.36 on Thursday and were indicated up 1.2% at $11.50 on Friday. The52-week range is $6.76 to $12.05.
- [By WWW.THESTREET.COM]
Banco Santander (SAN) : “I prefer Barclays (BCS) , but let’s wait and see what the other banks have to say”
ProLogis (PLD) : “I am not a fan of that group right now, but that one is best of breed.”
stock market news: iShares MSCI Emerging Markets (EEM)
- [By Dan Caplinger]
2017 has been a tumultuous year, with plenty going on in the political and financial realms. Yet the stock market has done quite well, and index funds that track popular stock benchmarks have given their investors solid returns. In particular, among the most popular exchange-traded funds, iShares MSCI Emerging Markets (NYSEMKT:EEM), PowerShares QQQ (NASDAQ:QQQ), and iShares Core MSCI EAFE (NYSEMKT:IEFA) have delivered some of the best returns.
- [By Shah Gilani]
7) iShares MSCI Emerging Markets ETF (NYSEArca:EEM) traded $603 billion in shares
6) Amazon.com Inc. (NasdaqGS:AMZN) traded $710 billion in shares
- [By Craig Jones]
On CNBC's Trading Nation, Todd Gordon recommended a bearish options strategy in iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM). He said that the ETF is under pressure because of weak commodity prices and strong U.S. dollar. He explained that falling bond prices have caused a rally in the U.S. dollar.