Author: Editor

With its next earnings report scheduled for Nov. 5, Take-Two Interactive Software (TTWO) is trading about 8% under a 180.71 buy point. The current formation is a second-stage consolidation. The gaming stock is a coronavirus play, as people are spending more time at home amid the pandemic. Keep in mind that buying shares just before […]

Las Vegas Sands (LVS) is looking to sell its two hotel-casino properties on the Las Vegas Strip, as casinos and convention centers remain largely closed as the pandemic drags on. LVS stock  fell, with other casino stocks falling further. X A Sands spokesman confirmed that discussions have taken place, though nothing has been finalized, according […]

Boeing (BA) is expected to report another tough quarter Wednesday amid the coronavirus pandemic and its 737 Max grounding. Boeing stock fell. X Estimates: Analysts expect a loss of $2.33 per share vs. a profit of $1.45 per share in the year-ago quarter. Revenue is seen falling 31% to $13.81 billion. Results: Check back tomorrow. A […]

Specialty footwear company Crocs (CROX), fresh off its blockbuster collaboration with Justin Bieber, reported strong third-quarter earnings before Tuesday’s open. Crocs stock jumped. X Crocs Earnings Earnings: Analysts expected Crocs earnings to rise 19% to 68 cents a share, according to Zacks Investment Research. They saw revenue up 10% to $345.12 million, a 10% gain. […]

Lockheed Martin’s (LMT) F-35 faces further delays to the start of full-rate production as technical issues hold up a key testing phase. Lockheed stock fell. X The Pentagon has delayed combat simulation testing on the F-35, Bloomberg reported Monday. Initially, it was to begin in 2017, but subsequent schedule slips pushed it back to this […]

Caterpillar (CAT), a bellwether for the global economy, beat views for a third quarter in which key markets saw a strong pandemic recovery. But the Dow Jones giant still didn’t offer any guidance. Caterpillar stock fell. X Caterpillar Earnings Estimates: Caterpillar earnings were expected to tumble 57% to $1.15 according to Zacks Investment Research. Analysts expected […]

JPMorgan Chase‘s (JPM) digital currency is in commercial use for the first time, and the bank on Tuesday launched a new business around the technology underpinning the coin. That follows a Bitcoin price surge over this month. X JPM Coin — a cryptocurrency JPMorgan launched last year — “is being used commercially for the first […]

Raytheon (RTX) posted mixed Q3 results and announced deeper job cuts as the ongoing collapse in global commercial air travel hits its aviation businesses hard. Raytheon stock sank. X Raytheon Earnings Estimates: Early Tuesday, Raytheon should see EPS crumble 78% to 48 cents as revenue drops 22% to $15.13 billion. Results: Raytheon earnings dived 54% […]