Research 2017-12-27T14:29:39+00:00

Research

Research

SailPoint Technologies case study – We read the news for you

February 22nd, 2018|

SailPoint Technologies Holdings, Inc. (SAIL) jumped 8.5% on 02/22/18: This is why   SailPoint Technologies Holdings, Inc. (SAIL) jumped based on bullish news related to its fourth-quarter net income of $5.4 million, or 3 cents a share, compared with a loss of $3.3 million, or 6 cents a share, in the year-ago period. Adjusted earnings were 17 cents a share. Revenue rose to $67.8 million from $44.3 million in [...]

Mellanox Technologies case study – We read the news for you

February 22nd, 2018|

Mellanox Technologies, Ltd. (MLNX) jumped 9% on 02/22/18: This is why   Mellanox Technologies, Ltd. (MLNX) jumped based on bullish news related to the announcement that revenue this quarter will come in higher than the forecast it offered a month ago, as customers buy more connections at speeds of 25 billion bits per second. Non-GAAP gross margins of 68.5% to 69.5% and Non-GAAP operating expenses of $120 million to $122 million [...]

Avis Budget Group case study – We read the news for you

February 22nd, 2018|

Avis Budget Group, Inc. (CAR) jumped 14% on 02/22/18: This is why   Avis Budget Group, Inc. (CAR) jumped based on bullish news related to its revenue growth of 7% in the fourth quarter led to a $140 million improvement compared to the prior year. This growth was driven by a 7% increase in overall rental days and higher year-over-year local currency time and mileage revenue per day.  Net [...]

Conduent case study – We read the news for you

February 21st, 2018|

Conduent Incorporated (CNDT) jumped 9% on 02/21/18: This is why   Conduent Incorporated (CNDT) jumped based on the bullish news related to Q4 2017 GAAP net income of $208 million compared with GAAP net loss of $951 million in Q4 2016.  Diluted EPS from continuing operations was $0.98 versus ($4.69) in the same period last year, driven primarily by non-recurring, non-cash items related to goodwill impairment and tax law changes in both 2016 and 2017. Total contract [...]

Advance Auto Parts case study – We read the news for you

February 21st, 2018|

Advance Auto Parts, Inc. (AAP) jumped 11% on 02/21/18: This is why Advance Auto Parts, Inc. (AAP) jumped based on the bullish news of strong financial results for the fourth-quarter and full year ended December 30, 2017. The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.Operating cash flow increased 14.8% to $600.8 million for full year [...]

ON Semiconductor case study – We read the news for you

February 20th, 2018|

ON Semiconductor Corporation (ON) jumped 5% on 02/20/18: This is why   ON Semiconductor Corporation (ON) jumped based on the bullish news related to its latest set of USB-C (Type-C) devices that are fully compliant with the latest revision 1.3 specification, enabling easy integration into USB-C systems. The new devices include two controllers and a switch, all of which are aimed at applications such as smartphones, tablets, and laptops, as well [...]

Noble Energy case study – We read the news for you

February 20th, 2018|

Noble Energy, Inc. (NBL) jumped 9% on 02/20/18: This is why   Noble Energy, Inc. (NBL) jumped based on the bullish news related to reported a quarterly profit, compared with a year-earlier loss, helped by higher oil prices. Net income attributable to Noble was $494 million, or $1.01 per share, in the fourth quarter ended Dec. 31. The company posted a loss of $252 million, or 59 cents per share, [...]

NXP Semiconductors case study – We read the news for you

February 20th, 2018|

NXP Semiconductors N.V. (NXPI) jumped 6% on 02/20/18: This is why   NXP Semiconductors N.V. (NXPI) jumped based on the bullish news related to Qualcomm raising its takeover bid for NXP Semiconductors by nearly 16 percent to about $43.22 billion, citing in part NXP's strong results since the companies first announced their merger in October 2016. The move announced Tuesday comes as Qualcomm itself is in the crosshairs of [...]

Deere & Company case study – We read the news for you

February 16th, 2018|

Deere & Company (DE) jumped 4.5% on 02/16/18: This is why   Deere & Company (DE) jumped based on the bullish news related to surprising revenue, which had surged a whopping 111% year over year. Deere’s acquisition of the Wirtgen Group in December 2017 added 5% to net sales in the first quarter. Sales also included a favorable currency-translation effect of 3% in the quarter. Region wise, equipment net sales [...]

Cisco Systems case study – We read the news for you

February 15th, 2018|

Cisco Systems, Inc. (CSCO) jumped 4% on 02/15/18: This is why   Cisco Systems, Inc. (CSCO) jumped based on the bullish news related to surprising revenue, which had declined for eight consecutive quarters, grew 3% to $11.9 billion, beating a consensus forecast of $11.8 billion. Earnings of 63 cents per share topped expectations of 59 cents per share, on a non-GAAP basis excluding stock option expenses. Among other positive notes in the quarter, [...]

Moleculin Biotech case study – We read the news for you

February 15th, 2018|

Moleculin Biotech, Inc. (MBRX) jumped 61% on 02/15/18: This is why   Moleculin Biotech, Inc. (MBRX) jumped based on the bullish news related to a breakthrough discovery of a new molecule for cancer treatment. Based on preclinical testing, the company said in a statement that, pursuant to its continued collaboration with the University of Texas's MD Anderson Cancer Center, it has developed and licensed what it believes "is a major [...]

JD.com case study – We read the news for you

February 14th, 2018|

JD.com, Inc. (JD) jumped 5% on 02/14/18: This is why   JD.com, Inc. (JD) jumped based on the bullish news related to entering into definitive agreements for the financing for its logistics subsidiary, JD Logistics, with investors including Hillhouse Capital, Sequoia China, China Merchants Group, Tencent, China Life, China Development Bank Capital FOF, China Structural Reform Fund and ICBC International, among others. The total amount raised in this round is expected to be approximately $2.5 billion. [...]

Wix case study – We read the news for you

February 14th, 2018|

Wix.com Ltd. (WIX) jumped 7% on 02/14/18: This is why   Wix.com Ltd. (WIX) jumped based on the bullish news related to a rise in fourth-quarter adjusted profit and forecast higher-than-expected revenue growth of 40 percent in 2018 as more users convert to paid subscriptions. The company have 119 million registered users. During the quarter it added 170,000 paid users to reach 3.2 million premium customers, up 31 percent [...]

Chipotle Mexican Grill case study – We read the news for you

February 14th, 2018|

Chipotle Mexican Grill, Inc. (CMG) jumped 15% on 02/14/18: This is why   Chipotle Mexican Grill, Inc. (CMG) jumped based on the bullish news related to Brian Niccol has resigned as CEO of Taco Bell to take the same position with Chipotle Mexican Grill Inc. BTIG analyst Peter Saleh said he expected the new CEO would lean on his past success driving sales at Taco Bell by introducing breakfast, limited-time-offers and compelling marketing to [...]

AmerisourceBergen case study – We read the news for you

February 13th, 2018|

AmerisourceBergen Corporation (ABC) jumped 9% on 02/13/18: This is why   AmerisourceBergen Corporation (ABC) jumped based on the bullish news related to early talks to be acquired by Walgreens Boots Alliance. Walgreens is valued at $67.82 billion and AmerisourceBergen has a market capitalization of $19.65 billion, according to Thomson Reuters data. Healthcare payers and pharmacies are responding to a shifting landscape, including changes in the U.S. Affordable Care Act, rising [...]

RingCentral case study – We read the news for you

February 13th, 2018|

RingCentral, Inc. (RNG) jumped 9% on 02/13/18: This is why   RingCentral, Inc. (RNG) jumped based on the bullish news related to Q4 revenue and profit that topped analysts’ expectations, and forecast results this quarter, and for the full year, above consensus. In a first pass at the report this evening, William Blair’s Bhavan Suri reiterates an Outperform rating, writing that one of the important details is that subscription revenue was up 32%, [...]

Under Armour case study – We read the news for you

February 13th, 2018|

Under Armour, Inc. (UAA) jumped 17% on 02/13/18: This is why   Under Armour, Inc. (UAA) jumped based on the bullish news related to total revenue in the fourth quarter climbed 5 percent to $1.37 billion. Analysts were expecting $1.31 billion, according to a Thomson Reuters survey. Sales in international markets climbed 47 percent, representing 23 percent of total sales. The company reported a net loss of $88 million, [...]

Riot Blockchain case study – We read the news for you

February 12th, 2018|

Riot Blockchain, Inc. (RIOT) jumped 7.7% on 02/12/18: This is why   Riot Blockchain, Inc. (RIOT) jumped based on the bullish news related to investment an additional CAD $3.4 million in one of its portfolio holdings, goNumerical Ltd (dba "Coinsquare"). The investment is part of a CAD $30 million financing at a CAD $430 million post-money valuation. This valuation for Coinsquare is over fifteen times the valuation from Riot [...]

CSRA case study – We read the news for you

February 12th, 2018|

CSRA Inc. (CSRA) jumped 31% on 02/12/18: This is why   CSRA Inc. (CSRA) jumped based on the bullish news related to General Dynamics acquisition of CSRA Inc. (CSRA) for $6.8 billion in cash plus $2.8 billion in debt in a move that creates the second-largest government IT and professional services player in the market. Consolidation in the government IT services space is being driven by a desire to scale [...]

Skechers case study – We read the news for you

February 9th, 2018|

Skechers U.S.A., Inc. (SKX) jumped 4.5% on 02/09/18: This is why   Skechers U.S.A., Inc. (SKX) jumped based on the bullish news related to strong results for the fourth quarter and year ended December 31, 2017. The company presents a record sales of $970.6 million, an increase of 27.0 percent and Earnings from operations of $55.7 million, an increase of 96.9 percent.In addition, International wholesale sales increased 40.2 percent; total international [...]

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