Equities analysts forecast that Opus Bank (NASDAQ:OPB) will report earnings of $0.35 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Opus Bank’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.45. Opus Bank posted earnings per share of $0.51 during the same quarter last year, which would suggest....More>>>
Edelweiss’ research report on Indiabulls Housing Finance
We hosted an Investors Day with top management of Indiabulls Housing Finance (IHFL) to get insight into the companys business dynamics and strategic plans. The interaction with management reinforced our conviction on the strong credit framework and risk management practices at IHFL. Moreover, the thrust on digitisation and productivity....More>>>
Earlier this month, The Wall Street Journal published a bombshell reportthat extensively detailed the falling out between Facebook (NASDAQ:FB) and WhatsApp. There was an irreconcilable culture clash between the two companies, as WhatsApp was initially built with strong privacy controls and a fundamental disdain — nay, loathing– for ads.
WhatsApp was supposed to be able to retain....More>>>
Fox drew big ratings this weekend for a pair of World Cup matches that thrilled and shocked soccer fans.
Its broadcast of Mexico’s 1-0 win over Germany, the defending World Cup champs, brought in an average of more than 4 million viewers. Brazil’s draw with Switzerland earned about 4.1 million viewers. For comparison, the US Open golf tournament, which took place last weekend,....More>>>
Press coverage about Vistagen Therapeutics (NASDAQ:VTGN) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Vistagen....More>>>
Shares of Starbucks (SBUX ) were down more than 9% through morning trading hours Wednesday after the coffee retailer issued sluggish comps guidance and said it would close more than 150 U.S. stores in fiscal 2019.
Kevin Johnson, Starbucks president and CEO, revealed the store closure details during an Oppenheimer conference on Tuesday. Starbucks has historically closed about 50 stores per....More>>>
Kinder Morgan’s (NYSE:KMI) stock has been all over the map this year, peaking at more than $19.50 a share before tumbling below $15. The stock has recovered a bit, recently rising to around $17 on the heels the company’s agreement to sell the controversial Trans Mountain Pipeline to the Government of Canada. However, shares could have further to run according to an analyst at Wells....More>>>
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Just because the Netflix of China, iQiyi (NASDAQ:IQ) has more than doubled from its IPO price, that doesnt mean it is overvalued. Compared to Netflix (NASDAQ:NFLX), the company is undervalued for two reasons. The first is an underestimation of its two-source revenue model and the second is a discrepancy in its value-per-subscriber ratio.
IQ data by YCharts
Later this week, the Organization of Petroleum Exporting Countries and Russia meet in Vienna. The cartel and Russia, the largest non-OPEC oil producer, are expected to discuss potentially upping output to take advantage of higher prices.
Year-to-date, oil is one of the best-performing commodities and energy is the one of the top sectors in the S&P 500. The United States Oil Fund (NYSE:....More>>>