ICICI Direct’s research report on Tata Consultancy Services
TCS reported healthy constant currency (CC) revenue growth of 3.7% QoQ (vs. our estimate of 3.9% QoQ) and rupee depreciation led margin expansion. In US$ terms, revenues grew 3.2% QoQ to $5,215 million mainly led by healthy demand from BFSI (31% of overall revenues) and retail (17% of overall revenues) vertical Rupee revenues grew 7.6% QoQ to Rs 36,854 crore, above our 6.3% growth expectations of Rs 36,403 crore estimate At 26.5%, EBIT margins expanded 150 bps QoQ (vs. our 26.5% estimate) mainly on account of rupee depreciation benefit (120 bps) and operational efficiency (30 bps) PAT of Rs 7,901 crore was in line with our Rs 7,905 crore.
TCS reported a healthy performance across business segments though it was in line with our expectations. The positive outlook for BFSI and retail, pick-up in deal sizes and rupee depreciation are expected to play out well on the profitability front. However, keeping in perspective the macro environment uncertainty, we lower our valuation multiple to ~20x FY20E EPS and maintain our HOLD rating on the stock with a revised target price of Rs 1880.
Best Medical Stocks To Watch Right Now: Energy Select Sector SPDR ETF (XLE)
Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc.
- [By Daniel Smoot]
This company is absolutely booming. First, its net profits increased by 50% last year alone. Beyond that, this company has a dividend yield of 6.44%. That’s more than double the yield of the Energy Select Sector SPDR Fund ETF (NYSEARCA: XLE) of 3.04%.
- [By Dan Caplinger]
Nevertheless, some sectors of the market are doing better than others. When it comes to the 11 sectors that the company behind the Select Sector SPDR line of ETFs tracks, the best returns so far have come from Industrials Select Sector SPDR (NYSEMKT:XLI), Energy Select Sector SPDR (NYSEMKT:XLE), and Technology Select Sector SPDR (NYSEMKT:XLK).
- [By Jim Crumly]
Energy stocks slumped again, with the Energy Select Sector SPDR ETF (NYSEMKT:XLE) moving down 0.5%. Gold stocks advanced; the VanEck Vectors Gold Miners ETF (NYSEMKT:GDX) rose 1.4%.
Best Medical Stocks To Watch Right Now: CVR Refining, LP(CVRR)
CVR Refining, LP, incorporated on September 17, 2012, is an independent downstream energy limited partnership. The Company has refining and related logistics assets that operate in the mid-continent region. The Company is a petroleum refiner and it owns approximately two refineries in the underserved Group 3 of the PADD II region of the United States. The Company owns and operates a full coking medium-sour crude oil refinery in Coffeyville, Kansas with a capacity of approximately 115,000 barrels per calendar day (bpcd) and a crude oil refinery in Wynnewood, Oklahoma with a capacity of over 70,000 bpcd capable of processing over 20,000 bpcd of light sour crude oils. The Company also controls and operates supporting logistics assets, including approximately 340 miles of owned and leased pipelines; approximately 150 crude oil transports; a network of crude oil gathering tank farms; over 7.0 million barrels of owned and leased crude oil storage capacity, and approximately 4.5 million barrels of combined refinery related storage capacity. The Company processes a variety of crudes, including West Texas sour (WTS), West Texas intermediate (WTI), sweet and sour Canadian, and locally gathered crudes. The Company offers refined products primarily to retailers, railroads and farm cooperatives and other refiners/marketers in Group 3 of the PADD II region.
The Company’s Coffeyville refinery’s product yield included gasoline (46%), diesel fuel (primarily ultra-low sulfur diesel) (43%), and pet coke and other refined products, such as natural gas liquids (NGLs) (propane and butane), slurry, sulfur and gas oil (11%). The Company’s Wynnewood refinery’s product yield included gasoline (52%), diesel fuel (primarily ultra-low sulfur diesel) (36%), asphalt (5%), jet fuel (4%) and other products (3%), including slurry, sulfur, gas oil and specialty products, such as propylene and solvents. The Company also has approximately 35,000 barrels per day of contracted capacity on the keystone and spearhead pipelines, ! through which the Company supplies Canadian and Bakken crudes to its refineries. In addition, the Company owns approximately 170,000 barrels per day pipeline system that transports crude oil from its Broome Station facility to its Coffeyville refinery; approximately 1.5 million barrels of crude oil storage capacity that supports the gathering system and its Coffeyville refinery; approximately 0.9 million barrels of crude oil storage capacity at its Wynnewood refinery, and approximately 1.5 million barrels of crude oil storage capacity in Cushing, Oklahoma. The Company also leases additional crude oil storage capacity of approximately 2.8 million barrels in Cushing and approximately 0.2 million Duncan, Oklahoma, and 0.1 million barrels at its Wynnewood refinery.
The Company’s Coffeyville refinery processes blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Its Coffeyville refinery crude oil slate consists of a blend of mid-continent domestic grades and various Canadian medium and heavy sours, as well as North Dakota Bakken and other similarly sourced crudes into its crude slate. The Company’s Coffeyville refinery’s crude oil supply blend consists of approximately 85.4% light sweet crude oil, 12.8% heavy sour crude oil and 1.8% light/medium sour crude oil. The Coffeyville refinery operations include fractionation, catalytic cracking, hydrotreating, reforming, coking, isomerization, alkylation, sulfur recovery and propane and butane recovery. The Coffeyville refinery has approximately two crude oil distillation and vacuum towers, over three sulfur recovery units and over four hydro treating units. Its Coffeyville refinery processed approximately 113,300 barrels per day and over 8,400 barrels per day of crude oil and feedstocks and blends stocks.
The Company’s Wynnewood refinery processes blends of a variety of crude oil ranging from medium sour to light sweet crude oil, although isobutane, gasoline components, and normal butane are also typically us! ed. The C! ompany’s Wynnewood refinery’s crude oil supply blend comprised approximately 99.5% sweet crude oil and approximately 0.5% light/medium sour crude oil. The Wynnewood refinery operations include fractionation, cracking, hydrotreating, hydrocracking, reforming, solvent deasphalting, alkylation, sulfur recovery and propane and butane recovery. The Wynnewood refinery has over two crude oil distillation and vacuum towers and four hydro treating units. The Company’s Wynnewood refinery processed approximately 79,800 barrels per day and 3,300 barrels per day of crude oil and feedstocks and blendsstocks, respectively.
The Company competes with Phillips 66, HollyFrontier, CHS, Valero and Flint Hills Resources.
- [By Motley Fool Transcribers]
CVR Refining LP (NYSE:CVRR)Q42018 Earnings Conference CallFeb. 21, 2019, 3:00 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Max Byerly]
First Allied Advisory Services Inc. purchased a new position in shares of CVR Refining LP (NYSE:CVRR) in the second quarter, Holdings Channel reports. The fund purchased 12,844 shares of the oil and gas company’s stock, valued at approximately $286,000.
Best Medical Stocks To Watch Right Now: 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.
Best Medical Stocks To Watch Right Now: DHI Group, Inc.(DHX)
DHI Group, Inc., formerly Dice Holdings, Inc., incorporated on June 28, 2005, is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. The Company’s online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content. The Company operates career management services for technology, engineering, financial services, healthcare, hospitality and security-cleared professionals, as well as career management, and information and data services for the energy industry.
The Company’s Tech & Clearance segment consists of the Dice, ClearanceJobs and Dice Europe services, as well as career fairs. The Finance segment includes the eFinancialCareers service around the world. The Energy segment includes the Rigzone service, OilCareers service and career fairs. The Healthcare segment includes Health eCareers and BioSpace services. The Hospitality segment includes Hcareers.
The Company’s Dice has job postings, including both technology and non-technology companies across various industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and a range of other technology and engineering professionals. Dice has approximately 77,000 job postings. ClearanceJobs is the Internet-based career network dedicated to matching security-cleared professionals with the hiring companies searching for employees. Its eFinancialCareers is the financial services careers Website, operating Websites in over four languages across the United Kingdom, Continental Europe, Asia, Australia, the Middle East and North America. Rigzone is a Website dedicated to delivering online content, data and career services in the oil and gas industry in North America, Europe and Asia Pacific. Hcareers is a provider of job postings! for the hotel, restaurant, food service, casino and assisted living industries. BioSpace is a resource for biotechnology careers and news. Health eCareers operates a Website dedicated to providing career services across various disciplines and specialties within the healthcare industry, including physicians, nurses and a spectrum of allied health professions. BrightMatter focuses on recruitment products and services that are applicable across the Company’s brands.
The Company competes with LinkedIn, Facebook, Twitter, Google, CareerBuilder, Monster Worldwide, StepStone, Seek, SimplyHired, Recruit, Entelo, Gild, ZipRecruiter, Craigslist, Glassdoor, FT.com, Doximity, Upwork, JobServe, Stack Overflow, Avature, SmashFly, Digg.com and Reddit.com.
- [By Joseph Griffin]
DHX Media Ltd. (TSE:DHX) has earned an average recommendation of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$2.73.
- [By Max Byerly]
TechTarget (NASDAQ:TTGT) and DHI Group (NYSE:DHX) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, earnings, analyst recommendations, dividends and profitability.
Best Medical Stocks To Watch Right Now: Covanta Holding Corporation(CVA)
Covanta Holding Corporation, incorporated on April 16, 1992, is a holding company. The Company, through its subsidiaries, owns and operates infrastructure for the conversion of waste to energy, as well as other waste disposal and renewable energy production businesses. The Company operates through North America segment, which consists of waste and energy services operations located primarily in the United States and Canada. The energy-from-waste (EfW) serves over two markets as both a sustainable waste management solution and as a source of clean energy.
The Company processes approximately 20 million tons of solid waste annually. The Company operates and/or have ownership positions in over 45 EfW facilities, which are primarily located in North America, and over 10 additional energy generation facilities, including other renewable energy production facilities in North America (wood biomass and hydroelectric). In total, these assets produce approximately 10 million megawatt hours (MWh) of baseload electricity annually. It also operates waste management infrastructure, including over 20 waste transfer stations, 10 environmental services facilities, four landfills (primarily for ash disposal) and one metals processing facility. The Company is constructing an EfW facility in Dublin, Ireland. The Company holds equity interests in EfW facilities in China and Italy.
The Company’s energy-from-waste facilities produce energy through the combustion of non-hazardous municipal solid waste (MSW) in power plants. The Company operates EfW projects in approximately 20 states and over two Canadian provinces. Based on the applicable contract structure at a project, the EfW projects can generally be divided into over three categories, such as tip fee projects; service fee projects that it own, and service fee projects that it do not own but operate on behalf of a municipal owner. The tip fee projects include approximately 20 facilities; service fee (owned) projects include over five facilities,! and service fee (operated) projects include approximately 20 facilities. Its energy-from-waste assets include tip fee structures, such as Hempstead, Lake County, Camden and Bristol; service fee (owned) structures, such as Babylon, Southeast Connecticut and Marion County, and service fee (operated) structures, such as Lee County, York County, Burnaby, MacArthur and Pasco County.
- [By Shane Hupp]
Cullen Frost Bankers Inc. boosted its holdings in Covanta Holding Corp (NYSE:CVA) by 22.6% during the fourth quarter, Holdings Channel reports. The fund owned 35,051 shares of the energy company’s stock after buying an additional 6,456 shares during the period. Cullen Frost Bankers Inc.’s holdings in Covanta were worth $470,000 at the end of the most recent quarter.
- [By Stephan Byrd]
Covanta Holding Corp (NYSE:CVA) insider Paul E. Stauder sold 2,000 shares of Covanta stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $17.53, for a total value of $35,060.00. Following the sale, the insider now owns 42,025 shares of the company’s stock, valued at $736,698.25. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Best Medical Stocks To Watch Right Now: CIENA Corporation(CIEN)
Ciena Corporation provides equipment, software, and service solutions that support the transport, switching, aggregation, and management of voice, video, and data traffic on communications networks worldwide. Its product portfolio consists of packet-optical transport that includes optical transport solutions to increase network capacity and enable delivery of a broader mix of high-bandwidth services; and packet-optical switching, which comprise optical switching platforms incorporating multiservice and multi-protocol switching systems that enable automated optical infrastructures for the delivery of various enterprise and consumer-oriented network services. The company also offers carrier Ethernet solutions, including service delivery switches and service aggregation switches to support the access and aggregation tiers of communications networks, as well as to support wireless backhaul infrastructures and business data services; and software solutions to track individual s ervices across multiple product suites, facilitating planned network maintenance, outage detection, and identification of customers or services affected by network troubles. In addition, Ciena Corporation provides consulting and support services, such as project management, deployment, maintenance support, consulting, and training services, as well as network analysis, planning, design, optimization, and tuning. Its packet-optical transport, packet-optical switching, and carrier Ethernet solutions products are used individually or as part of an integrated solution in communications networks operated by communications service providers, cable operators, governments, enterprises, and other network operators. The company sells its communications networking solutions directly, as well as through strategic channel relationships. Ciena Corporation was founded in 1992 and is headquartered in Linthicum, Maryland.
- [By Joseph Griffin]
Ciena Co. (NYSE:CIEN) – Stock analysts at Jefferies Financial Group lowered their Q3 2019 earnings per share estimates for Ciena in a research note issued to investors on Wednesday, March 6th. Jefferies Financial Group analyst G. Notter now expects that the communications equipment provider will post earnings per share of $0.45 for the quarter, down from their previous forecast of $0.46. Jefferies Financial Group currently has a “Buy” rating and a $45.00 target price on the stock. Jefferies Financial Group also issued estimates for Ciena’s Q4 2019 earnings at $0.50 EPS, Q4 2020 earnings at $0.66 EPS and Q1 2021 earnings at $0.52 EPS.
- [By Garrett Baldwin]
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Stocks to Watch Today: TGT, CRM, FB
This morning, shares of Target Corp.(NYSE: TGT) popped nearly 6% after a strong Q4 earnings report. The company reported earnings per share of $1.53 on total revenue of $22.98 billion. Wall Street expected $1.52 per share on sales of $22.91 billion. The firm reported very strong online sales (up 25%) and a 5.3% jump in same-store sales. Analysts had expected a 4.5% increase in same-store sales. The report is the latest sign that Target has emerged as a formidable competitor to Amazon.com Inc. (NASDAQ: AMZN) and Walmart Inc.(NYSE: WMT). Facebook Inc. (NASDAQ: FB) is under fire again due to security concerns around its sign-in features. The company has not allowed users to opt out of the key feature that lets users look up others by phone number and e-mail address. Many people have added their phone numbers in the past thinking it would only be used for two-factor authentication and security. Critics argue this is the latest episode of Facebook compromising user information. Shares of Salesforce.com Inc.(NYSE: CRM) are in focus as the cloud computing giant plans to report earnings after the bell Tuesday. CRM stock is already up 20% so far this year. And many analysts expect the firm to report earnings per share of $0.55 on top of $3.56 billion in revenue. Yesterday, Salesforce co-CEO Marc Benioff predicted that $30 billion in annual revenue for the cloud computing giant is “right around the corner.” Look for earnings reports from AeroVironment Inc. (NASDAQ: AVAV), Ambarella Inc. (NASDAQ: AMBA), Ciena Corp. (NASDAQ: CIEN), Kohl’s Corp.(NYSE: KSS), Ross Stores Inc. (NASDAQ: ROST), Sina Corp. (NASDAQ: SINA), Urban Outfitters Inc. (NASDAQ: URBN), Vivint Solar Inc. (NASDAQ: VSLR), and Weibo Corp.(NYSE: WB).
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