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On May 4, 2018, the Institute of Supply Management reported that the service index in the United States grew in April for 99th consecutive month, indicating flourishing non-manufacturing activity. However, the metric actually came in lower than expected for the month of April. This...

Booking Holdings Inc. (NASDAQ: BKNG) is slated to report first-quarter 2018 earnings on May 9. In the last reported quarter, the online travel company delivered a positive earnings surprise of 19.41%. The surprise history has been impressive in Booking Holdings' case. The company surpassed...

Chipmaker Vishay Intertechnology (NYSE: VSH) traded 8% higher on Tuesday morning, after reporting earnings that beat Wall Street expectations. The company reported earnings per share of $0.40 and total revenue of $717 million, compared to analyst estimates of $0.36 and $691 million. They also...

Markets are finally bouncing back, thanks to the tech stocks that are once again driving the rally after the recent setback. After shining for the whole of 2017 and the start of 2018, tech stocks took a beating since early March. However, it seems things are finally looking up for the broader...

Today we’re taking a look at EOS, one of the only cryptocurrencies in top 10 that saw solid gains in April. But after reaching an all-time high price of nearly $23 end of April, its bullish momentum seems to have cooled down. First, let’s talk about what was behind the gains, and then...

Enterprise Products Partners L.P. (NYSE: EPD) and Energy Transfer Partners, L.P. (NYSE: ETP) have formed a joint venture to restart operations in the Old Ocean natural gas pipeline. The 24-inch diameter pipeline has been inactive since 2012. It is expected to resume operations from the second...

For the Global Week Ahead, let's look into Reuter's in London's five big themes. These are the ones likely dominate the thinking of investors and traders. I have left them in rank-order below. (1) Fresh U.S. Inflation Readings Come Out The Federal Reserve has acknowledged U.S....

Radius Health, Inc. (NASDAQ: RDUS) is scheduled to report first-quarter 2018 results on May 10. Radius Health has a disappointing track record. The company has reported wider-than-expected loss in the trailing four trailing quarters with an average negative earnings surprise of 8.93%. In the last...

Working for yourself is the dream, isn’t it? Forecasts indicate 42 million people will make the jump by 2020. You set your own hours, have no one to answer to but yourself, and get to drive your career at your own pace. That’s the positive side, anyway. The truth is a lot more...

Cognizant Technology Solutions (NASDAQ: CTSH) traded 5% lower on Monday morning, after reporting in-line earnings that missed Wall Street expectations for guidance. The company reported earnings per share of $1.06 and total revenue of $3.91 billion, compared to estimates of $1.06 and $3.9 billion....

Past week saw automakers release their new-vehicle sales figures for April. Some important automakers reported lower new-vehicle sales in the United States in April. For some automakers, sales decline followed a poor performance in February and a jump in sales for March. In fact, waning consumer...

Match Group, Inc. (NASDAQ: MTCH) is set to report first-quarter 2018 results on May 8. The company has had a dismal earnings surprise history in the trailing four quarters, missing estimates all through, with an average negative surprise of 5.3%. In the last reported quarter, it missed estimates by...

Walt Disney (NYSE: DIS) is slated to report second-quarter fiscal 2018 results on May 8. In the last reported quarter, the company delivered a positive earnings surprise of 16.67%. Revenues of $15.35 billion outpaced the Zacks Consensus Estimate of $15.24 billion and improved 4% year over...

With a view to fortify its presence in the Chicago region, Wintrust Financial Corporation (NASDAQ: WTFC) announced plans to acquire Chicago Shore Corporation at an aggregate purchase price of $34 million.   The deal is expected to close in the latter part of third-quarter 2018. The...

Over the last five trading days, telecom stocks initially witnessed a V-shaped recovery on game-changing merger news but later witnessed a sharp fall as concerns over fresh restrictions against Chinese companies intensified fears of an escalating trade war in the telecom domain. The Trump...