by Jamie Johnson | Oct 18, 2019 | Markets
PMI’s guidance disappointed investors, but the company still has room for further growth. This week, shares of Philip Morris fell after the company released its third-quarter earnings report. The tobacco company beat earnings estimates but lowered its guidance due to...
by Jamie Johnson | Oct 17, 2019 | Markets
During the third quarter, Netflix beat earnings expectations but still fell short on U.S. subscribers. On Wednesday, Netflix released its highly-anticipated earnings report, and the results were what most investors were looking to see. The company’s subscriber base...
by Jamie Johnson | Oct 16, 2019 | Markets
Wells Fargo’s Q3 revenue was impressive, but the bank fell short on earnings and net income. This week, Wells Fargo was one of the first banks to kick off earnings season. Shares of Wells Fargo have been trading slightly higher in recent weeks, ever since the company...
by Jamie Johnson | Oct 15, 2019 | Markets
Citi initiated coverage of CrowdStrike with a sell rating and a $43 price target. This week, Citigroup initiated coverage on CrowdStrike, but the verdict wasn’t pretty. Analyst Walter Pritchard gave the company a sell rating along with a $43 price target. The...
by Jamie Johnson | Oct 14, 2019 | Markets, Technology
The company’s shares are down 25% since July. Earnings season kicks off this week, and Wall Street has been waiting with bated breath to see what Netflix will report. The company releases its third-quarter earnings on Oct. 15, and many analysts are anticipating...
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