Biggest Earnings Beats
5.93k followers • 7 symbols Watchlist by Yahoo Finance
This list tracks the largest earnings beats for companies recently reporting earnings. This list is produced daily using the real-time earnings results reported by Selerity and limited to the top 30 stocks that meet the criteria.
7 symbols
Reuters VideosLike 'rain': LA teachers sue Delta over fuel dump
Teachers from Los Angeles County's Park Avenue Elementary School held back tears on Friday as they described the moment they were showered with jet fuel from a Delta airplane that was forced to return to LAX to make an emergency landing due to engine trouble. Attorney Gloria Allred, at a news conference on Friday announcing the litigation, said four teachers affected by the incident have sued Delta for negligence for dumping fuel in a densely populated area at low altitude earlier this week. On Friday, an airline spokesman declined to comment on pending litigation. Critics have said the jet could have dumped fuel over the ocean more safely, unless it were in an absolutely dire situation. Social media users captured video of the Boeing 777 jet, which had taken off to Shanghai with 181 people on board, emitting streams of fuel from the tips of its wings as it returned to the airport. The fuel dump caused minor injuries to at least 44 children and adults on the ground. Delta said on its website that airline cleaning crews worked with school crews to clean surfaces students may come into contact with. The crew that decided to dump the fuel, which fell on several Los Angeles area schools, didn't inform air traffic controllers they planned to do so, and the FAA is investigating. Delta previously said the fuel was dumped to reach a safe landing weight.
- FX Empire
AUD/USD Price Forecast – Australian Dollar Continues To Slide
The Australian dollar initially tried to rally during the trading session on Monday but found trouble at the 200 day EMA. The market has broken down towards the 50 day EMA which of course should show support.
- Zacks
Zacks.com featured highlights include: SYNNEX, MagnaChip Semiconductor, Delta Air Lines, Amedisys and Forterra
Zacks.com featured highlights include: SYNNEX, MagnaChip Semiconductor, Delta Air Lines, Amedisys and Forterra
- Zacks
Stock Market News for Jan 20, 2020
Benchmarks closed in the green on Friday, and ended the week at record highs banking on strong economic data and solid fourth-quarter earnings results.
- Zacks
Top Ranked Growth Stocks to Buy for January 20th
Top Ranked Growth Stocks to Buy for January 20th
- Zacks
Chevron's Venezuela Operations Get Another 90-Day Waiver
Had there been no waiver extensions, Chevron's (CVX) exit would follow close on the heels of various other U.S.-based players that left Venezuela.
- Zacks
Will 737 MAX Issues Hurt Q4 Earnings of Airline Majors?
United Airlines (UAL) is likely to have canceled 5,100 flights in November and December due to the grounding of Boeing 737 MAX jets in its fleet.
- Zacks
First Horizon (FHN) Stock Up as Q4 Earnings & Revenues Rise
While deposits growth and higher revenues support First Horizon's (FHN) fourth-quarter 2019 performance, higher provisions and expenses act as headwinds.
- Zacks
Spirit Airlines (SAVE) Stock Nears 6-Month High: Here's Why
Spirit Airlines (SAVE) projects fourth-quarter 2019 unit revenues to reflect a 3.6% year-over-year decline.
- Zacks
Oil Drillers Add Rigs in Permian Basin and Eagle Ford Shale
Domestic drillers may again remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.
- Simply Wall St.
Earnings Miss: Progress Software Corporation Missed EPS By 36% And Analysts Are Revising Their Forecasts
It's shaping up to be a tough period for Progress Software Corporation (NASDAQ:PRGS), which a week ago released some...
- Bloomberg
Oil Pares Gains as Plentiful Supply Tempers Libya Disruption
(Bloomberg) -- Oil pared gains after rising to the highest in more than a week as projections of plentiful world supplies countered concern about disruptions in Iraq and Libya.Brent futures climbed earlier to $66 a barrel as Libya’s oil production almost ground to a halt when armed forces closed a critical pipeline, shuttering output from the nation’s biggest oil project. In fellow OPEC nation Iraq, escalating protests stopped work at a minor field on Sunday.In the past few months, oil markets have rallied after an attack on Saudi oil infrastructure in September and military confrontation between Iran and the U.S. this month, only for prices to drop once tensions subsided.“The oil market has been conditioned to look past any immediate supply disruptions,” Daniel Ghali, a TD Securities commodity strategist, said by phone. “We really are in an oversupplied market.”The International Energy Agency projected last week that a “solid base” of oil inventories and surging U.S. shale oil production will help weather disruptions. On Monday, the International Monetary Fund trimmed its forecast for world economic growth, reducing prospects for energy demand.Libya’s eastern strongman Khalifa Haftar kept virtually all of the nation’s oil fields shut, in a show of defiance after world leaders failed to persuade him to sign a peace deal ending the OPEC country’s civil war. While the Libya conflict and other dramas have roiled markets, prices are now little changed from the end of last year after swinging within a trading range of $8 a barrel.“The amount of oil which is off is substantial, but right now the expectations are that it’s not going to last because it’s part of a negotiation process,” said Olivier Jakob, managing director at consultant Petromatrix GmbH in Zug, Switzerland. “We are in this situation where you have some supply concerns if one looks at protests in Iraq and the situation in Libya, but on the other hand the products are weak.”Brent crude rose 35 cents to $65.20 a barrel Monday on the ICE Futures Europe exchange, having earlier climbed 1.8% to $66, the highest since Jan. 9. West Texas Intermediate futures gained 12 cents to $58.66 a barrel in electronic trading on the New York Mercantile Exchange after rising 2% earlier. U.S. markets were closed Monday for the Martin Luther King holiday.See also: The Man Who Cut Libya’s Oil Supply Is Getting Harder to HandleLibya won’t be able to pump more than 72,000 barrels a day once its storage tanks are full, according to a spokesman for the NOC, down from more than 1.2 million barrels per day on Saturday. The company declared force majeure, which can allow the country to legally suspend delivery contracts.Separately, security guards in Iraq seeking permanent employment contracts blocked access to the Al Ahdab oil field, prompting a production halt, according to an official who declined to be identified. The Badra field, which has output of about 50,000 barrels a day, is also at risk of closure.\--With assistance from James Thornhill, Serene Cheong, Andrew Janes, Saket Sundria, Heesu Lee, Grant Smith and Alex Longley.To contact the reporter on this story: Robert Tuttle in Calgary at rtuttle@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Steven Frank, James AttwoodFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- FX Empire
AUD/USD Forex Technical Analysis – Today’s Downside Target .6851 – .6849
Based on the early price action and the current price at .6874, the direction of the AUD/USD on Monday is likely to be determined by trader reaction to the main 50% level at .6876.
- FX Empire
GBP/USD – Pound Losing Grip on 1.30
British numbers were dismal last week. On Friday, retail sales declined by 0.6%. The pound is showing signs of weakness, as it has slipped below the symbolic 1.30 level. Is cable headed for further losses?
- FX Empire
AUD/USD and NZD/USD Fundamental Weekly Forecast – Aussie Jobs Report Should Set the Tone
This week’s price action will be largely controlled in Australia by the Employment Change and Unemployment Rate reports. The results of these reports could determine whether the Reserve Bank of Australia trims their benchmark interest rate in February.
- FX Empire
The PBoC Holds Loan Prime Rates Steady on a Quiet Day on the Economic Calendar
The PBoC left LPRs steady this morning, with some time likely needed to asses the impact of recent cuts and the phase 1 agreement.
- FX Empire
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Trader Reaction to 29279 Sets the Tone
Given the prolonged move up in terms of price and time, the direction of the March E-mini Dow Jones Industrial Average on Monday is likely to be determined by trader reaction to Friday’s close at 29279.
- FX Empire
AUD/USD Forex Technical Analysis – Downside Momentum Targets .6851 – .6809
Based on Friday’s close at .6872, the direction of the AUD/USD on Monday is likely to be determined by trader reaction to the main 50% level at .6876.
- FX Empire
The Week Ahead: Monetary Policy in Focus, with the PBoC, BoJ, BoC, and the ECB in Action
It’s a big week on the monetary policy front, with stats also to influence…
- FX Empire
Strong U.S. Economic Data Weighs on Aussie, Kiwi & Yen
The Aussie and Kiwi were also underpinned by the inking of the trade deal, but domestic economic concerns limited gains as well as increasing chances of central bank rate cuts. Demand for higher-yielding assets drove the Japanese Yen lower.
- Bloomberg
Chevron Gets Another Reprieve to Continue Working in Venezuela
(Bloomberg) -- Chevron Corp. and four oilfield service providers won U.S. government approval to continue working in Venezuela for 90 days, allowing the companies’ access to the world’s largest reserves of crude despite sanctions on the crisis-stricken country.The U.S. Treasury Department decision is the fourth waiver granted since sanctions were announced in November 2018 in what is becoming a fraught quarterly ritual for the companies. Along with Chevron, the waiver also exempts Baker Hughes Co., Halliburton Co., Schlumberger Ltd. and Weatherford International Ltd. from sanctions.The waiver was extended through 12:01 a.m. Eastern time on April 22. The previous waiver was due to expire on Jan. 22.Venezuela’s daily oil production slumped to a 75-year low of 792,000 barrels last year as sanctions crippled the economy and cut off access to U.S. refiners. As a result, the nation’s crude exports that bankroll the regime tumbled to the lowest since 1985.While Venezuela accounts for only about 1% of Chevron’s global crude production, it remains strategically important given the nation’s vast untapped reserves. Proponents of Chevron’s position argued that withdrawing would cede market share and influence to Russian and Chinese companies.Chevron is the last remaining major U.S. explorer in the country. Rivals Exxon Mobil Corp. and ConocoPhillips exited a decade ago after then-President Hugo Chavez seized control of their assets.\--With assistance from Fabiola Zerpa.To contact the reporters on this story: Lucia Kassai in Houston at lkassai@bloomberg.net;Kevin Crowley in Houston at kcrowley1@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Brian Wingfield, Rachel GrahamFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Bloomberg
Oil Falls for Second Week as Ample Supply Offsets Trade Hopes
(Bloomberg) -- Oil declined for the second week as signs that supplies remain plentiful offset optimism over the signing of the U.S.-China trade agreement.Futures in New York were little changed Friday but ended the week 0.9% lower. Refiners have turned a crude surplus into a product surplus with U.S. gasoline and distillate stocks expanding by over 40 million barrels during the last three weeks. The build overshadowed Beijing’s commitment to spending $52.4 billion in additional purchases of American energy in the next two years as part the phase-one trade deal between the world’s biggest economies.“There is a positive vibe after the trade deal, but the fact is we are so oversupplied it’s going to be difficult to get the market up past $60,” said Bob Yawger, futures director at Mizuho Securities USA LLC in New York.Before the landmark U.S.-China accord was signed, prices reached a six-week low Wednesday after U.S. government data showed petroleum inventories in the country expanded to the highest levels since September. Supplies at the critical Cushing, Oklahoma, commercial storage hub rose for the first time in 10 weeks. American crude production continues to set new records, reaching 13 million barrels a day earlier this month.Oil drilling rose for the first time in four weeks, led by the Permian Basin, indicating that oil supplies are poised for more gains in the near term.West Texas Intermediate futures for February delivery settled up 2 cents at $58.54 a barrel on the New York Mercantile Exchange.Brent for March settlement rose 23 cents to $64.85 on the ICE Futures Europe exchange in London after climbing 1% on Thursday. That put its premium over WTI for the same month at $6.27 a barrel.The market may have to contend with another week of inventory builds as fog on the U.S. Gulf Coast has intermittently suspended marine traffic and slowed exports, according to Andy Lipow, president of Lipow Oil Associates LLC in Houston.The International Energy Agency noted on Thursday that global markets have a “solid base” of inventories and climbing supplies from outside the OPEC cartel, even as elevated tensions in the Middle East endanger production from Iraq and elsewhere.(A previous version corrected the timeframe of the stock build in the second paragraph.)\--With assistance from James Thornhill, Elizabeth Low, Grant Smith and Jackie Davalos.To contact the reporter on this story: Sheela Tobben in New York at vtobben@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Catherine Traywick, Mike JeffersFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Bloomberg
Sprawling Winter Storm Blows Into Northeast Over the Weekend
(Bloomberg) -- A swirling mess of winter weather is roaring out of the Midwest toward the Northeast, threatening to drop a blanket of snow on upstate New York, New Hampshire and Maine, to the joy of skiers, and as much as 4 inches on Manhattan.High winds and heavy snow were moving across the Great Lakes on Friday. A winter weather advisory has been issued for New York City, Long Island and parts of New Jersey and Connecticut starting at 10 a.m. on Saturday and running until 1 a.m. Sunday.“It’s just a mess over a wide area,” Brian Hurley, a senior branch forecaster with the U.S. Weather Prediction Center in College Park, Maryland. “Every winter storm has its own nature, and this one isn’t going to wow us in the end with its snowfall amounts. But just the area of snow covered at six inches or more is pretty impressive.”Across the U.S., 1,065 flights were canceled Friday as the storm moved east, and another 76 were scrubbed for Saturday, according to FlightAware, a Houston-based airline tracking service. A Delta Air Lines flight slipped off a taxiway in Kansas City, according to the Associated Press.After the storm passes through New York, the forecast is for a mostly sunny Sunday with a high of 36 degrees Fahrenheit (2 Celsius), according to the National Weather Service.It will be the first time since Dec. 2 that the New York metropolitan region has gotten more than an inch of snow, and it follows a weekend in which temperatures reached into the high 60s Fahrenheit. Overall this season, only 2.7 inches (6.9 centimeters) of snow have fallen on Manhattan’s Central Park, or 5.7 inches less than normal.Along with the snow, areas south of the storm’s northern track could end up with a dangerous coating of ice. That condition could range across the Ohio Valley, into the Appalachian Mountains in West Virginia and Maryland and along Interstate 80 that crosses the region west to east.(Updates New York forecast in first paragraph, flights canceled in fourth)To contact the reporter on this story: Brian K. Sullivan in Boston at bsullivan10@bloomberg.netTo contact the editors responsible for this story: Tina Davis at tinadavis@bloomberg.net, Reg Gale, Christine BuurmaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Oilprice.com
The Single Biggest Factor In Oil This Week
China has been the key oil price driver this week, with phase one of the trade deal driving prices higher before worrying economic data from the country dragged prices lower
