Tag Archives: PAG

Best Casino Stocks To Invest In Right Now

Shares of Oracle (NYSE:ORCL) tumbled 7% on June 20, after the tech giant followed up decent fourth-quarter numbers with soft sales guidance for the current quarter and a questionable shift in its cloud reporting methods. Oracle’s revenue rose 3% annually to $11.3 billion, which beat estimates by $60 million. Its non-GAAP earnings rose 11% to $0.99 per share, clearing expectations by $0.05.

However, Oracle expects its revenue to rise just 1.9% to 2.9% on a constant currency basis for the current quarter, compared to expectations for 3.3% growth. But more importantly, Oracle stopped reporting its cloud revenues by SaaS (software as a service), IaaS (infrastructure as a service), and PaaS (platform as a service) categories.

Image source: Getty Images.

Instead, it replaced those categories with two new ones — one with Cloud Services and License Support revenues, and the other with Cloud License and On-Premise License revenues. During the conference call, Jefferies analyst John DiFucci suggested that Oracle was possibly “obfuscating” cloud weakness with that change — but co-CEO Mark Hurd called it a “nothing burger.”

Best Casino Stocks To Invest In Right Now: Penske Automotive Group, Inc.(PAG)

We are an international transportation services company that operates automotive and commercial truck dealerships principally in the United States and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. We employ more than 22,000 people worldwide.

In 2015, our business generated $19.3 billion in total revenue, which is comprised of $17.9 billion from retail automotive dealerships, $944.1 million from retail commercial truck dealerships and $444.5 million from commercial vehicle distribution and other operations.

Retail Automotive Dealership. We believe we are the second largest automotive retailer headquartered in the U.S. as measured by the $17.9 billion in total retail automotive dealership revenue we generated in 2015. As of December 31, 2015, we operated 355 automotive retail franchises, of which 181 franchises are located in the U.S.   Advisors’ Opinion:

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Penske Automotive Group (PAG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Motley Fool Transcribing]

    Penske Automotive Group (NYSE:PAG) Q4 2018 Earnings Conference CallFeb. 7, 2019 2:00 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Shane Hupp]

    Penske Automotive Group (NYSE:PAG) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Of late, the Zacks Consensus Estimate for Penske Automotive’s annual earnings has been going down. The company retail automotive segment is driving revenues due to its widened geographic presence, and varied product and service range. It also increases it dividend payouts in almost every quarter and also repurchases shares to boost shareholders’ confidence. Penske Automotive makes frequent acquisitions to expand its presence in the United States and the United Kingdom. It experienced positive revenue growth in all the business segments along with strong improvement in used-vehicle supercenter business. However, rising competition and increasing price transparency can lead to lower selling prices, thus affecting the profits of the company. Also, over a month, shares of Penske Automotive have underperformed the industry it belongs to.”

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Penske Automotive Group (PAG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Casino Stocks To Invest In Right Now: M&T Bank Corporation(MTB)

M&T Bank Corporation (“Registrant” or “M&T”) is a New York business corporation which is registered as a financial holding company under the Bank Holding Company Act of 1956, as amended (“BHCA”) and as a bank holding company (“BHC”) under Article III-A of the New York Banking Law (“Banking Law”). The principal executive offices of M&T are located at One M&T Plaza, Buffalo, New York 14203. M&T was incorporated in November 1969. M&T and its direct and indirect subsidiaries are collectively referred to herein as the “Company.” As of December 31, 2015 the Company had consolidated total assets of $122.8 billion, deposits of $92.0 billion and shareholders’ equity of $16.2 billion. The Company had 16,331 full-time and 1,145 part-time employees as of December 31, 2015.
At December 31, 2015, M&T had two wholly owned bank subsidiaries: M&T Bank and Wilmington Trust, National Association (“Wilmington Trust, N.A.”).   Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    M&T Bank Corporation  (NYSE:MTB)Q1 2019 Earnings CallApril 15, 2019, 11:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on M&T Bank (MTB)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    NEXT Financial Group Inc bought a new stake in M&T Bank Co. (NYSE:MTB) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 1,000 shares of the financial services provider’s stock, valued at approximately $165,000.

  • [By Ethan Ryder]

    Evercore ISI upgraded shares of M&T Bank (NYSE:MTB) from an in-line rating to an outperform rating in a report issued on Monday morning, Marketbeat reports. The analysts noted that the move was a valuation call.

Best Casino Stocks To Invest In Right Now: Discovery Communications, Inc.(DISCA)

Discovery Communications, Inc. operates as a media company worldwide. It operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey Network, Eurosport, DMAX, and Discovery Kids brands. Its content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. The company also develops and sells curriculum-based education products and services comprising online suite of curriculum-based VOD tools, professional development services, and digital textbooks, as well as student assessments; and publishes hard copy curriculum-based content for K-12 schools. In addition, it operates production studios that develop content for television service providers, as well as Websites. The company provides content through various distribution platforms, including pay-TV, free-to-air and broadcast television, digital distribution arrangements, and content licensing agreements, as well as various platforms, such as brand-aligned Websites, Web-native networks, on-line streaming, mobile devices, video on demand (VOD), and broadband channels. As of December 31, 2015, it operated approximately 380 distribution feeds in 40 languages internationally. The company is headquartered in Silver Spring, Maryland.

Advisors’ Opinion:

  • [By Shane Hupp]

    The company has a debt-to-equity ratio of 1.61, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $15.29 billion, a PE ratio of 12.67, a P/E/G ratio of 0.31 and a beta of 1.38.

    WARNING: “Discovery Communications (DISCA) Shares Gap Down on Disappointing Earnings” was reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this article on another website, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this article can be viewed at www.tickerreport.com/banking-finance/4181668/discovery-communications-disca-shares-gap-down-on-disappointing-earnings.html.

    Discovery Communications Company Profile (NASDAQ:DISCA)

  • [By Shane Hupp]

    Chicago Equity Partners LLC lifted its stake in Discovery Communications Inc. (NASDAQ:DISCA) by 129.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,355 shares of the company’s stock after purchasing an additional 8,090 shares during the period. Chicago Equity Partners LLC’s holdings in Discovery Communications were worth $355,000 at the end of the most recent quarter.