Mid caphomed茅cor retailer Bed Bath & Beyond Inc (NASDAQ: BBBY) reportedfiscal Q3 2017 earnings after the market closed onWednesday with results beating expectations and comparable-store sales declining less than forecasts. Net sales were approximately $3.0 billion – relatively flat to the prior year quarter.Comparable sales decreased by approximately 0.3% ascomparable sales from customer-facing digital channels continued to have strong growth while comparable sales from stores declined in the low-single-digit percentage range during the fiscal 2017 third quarter. Net earnings were$61.3 million versus $126.4 million.
A technical chart for Bed Bath & Beyond shows shares experiencing an early November reversal:
Top Safest Stocks To Invest In 2018: Green Brick Partners, Inc.(GRBK)
- [By Jim Robertson]
On Monday, our Under the Radar Moversnewsletter suggestedgoing long on small cap homebuilder stockGreen Brick Partners (NASDAQ: GRBK):
For Green Brick Partners, we’re mainly feeding off of the hammer-shaped reversal bar from last week. That long-tailed low only had to kiss the 200-day moving average line (green) at $8.45 to kick-start a reversal, and we’ve seen some nice bullish follow-through so far. Ideally we’d like to see a move above the February ceiling around $9.90, but we fear waiting that long could leave us chasing it higher. See, what you can’t see on the chart (because it’s further back) is that GRBK is no stranger to multi-point runups. Based on its past runs, Green Brick Partners could be in the high teens before you even know it.
Top Safest Stocks To Invest In 2018: J.B. Hunt Transport Services Inc.(JBHT)
- [By Lisa Levin]
Here is the list of stocks going ex-dividend on August 3, 2016.
J B Hunt Transport Services Inc (NASDAQ: JBHT) – $0.2200 dividend, 1.0791 percent yield
Johnson Controls Inc (NYSE: JCI) – $0.2900 dividend, 2.6250 percent yield
FirstEnergy Corp. (NYSE: FE) – $0.3600 dividend, 3.9680 percent yield
Sunoco LP (NYSE: SUN) – $0.8255 dividend, 10.7347 percent yield
Wells Fargo & Co (NYSE: WFC) – $0.3800 dividend, 3.1588 percent yield
BP plc (ADR) (NYSE: BP) – $0.6000 dividend, 6.8768 percent yield
American Airlines Group Inc (NASDAQ: AAL) – $0.1000 dividend, 1.1442 percent yield
Heidrick & Struggles International, Inc. (NASDAQ: HSII) – $0.1300 dividend, 2.9834 percent yield
Alcoa Inc (NYSE: AA) – $0.0300 dividend, 1.1321 percent yield
Sensient Technologies Corporation (NYSE: SXT) – $0.2700 dividend, 1.5341 percent yield
Posted-In: Ex-DividendNews Dividends Markets Trading Ideas
Top Safest Stocks To Invest In 2018: Turkcell Iletisim Hizmetleri AS(TKC)
- [By Lisa Levin]
In trading on Wednesday, telecommunications services shares slipped by 0.08 percent. Meanwhile, top losers in the sector included Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE: TKC), down 2 percent, and Telefonica Brasil SA (ADR) (NYSE: VIV), down 2.5 percent.
Top Safest Stocks To Invest In 2018: Outerwall Inc.(OUTR)
- [By Jake L’Ecuyer]
Equities Trading DOWN
Shares of Outerwall (NASDAQ: OUTR) were down 16.03 percent to $47.00 after the company lowered its forecast for the third quarter and full year. Werner Enterprises (NASDAQ: WERN) shares tumbled 4.71 percent to $23.26 after the company issued a weak third-quarter profit forecast. Bank of America downgraded the stock from Buy to Neutral. Pandora Media (NYSE: P) down, falling 1.71 percent to $23.58 as the company announced its plans to sell 14 million shares of common stock, including 4 million shares from current stockholders.
- [By Peter Graham]
A long term performance chart shows shares of Netflix at all time highswhile potential performance peer or competitor Amazon.com, Inc (NASDAQ: AMZN) has continueda more steadyrise and small cap Outerwall Inc (NASDAQ: OUTR), which owned the Redbox business,was swallowed up Apollo Global Management, LLC (NYSE: APO) late last year:
- [By Peter Graham]
A long term performance chart shows shares of Netflix close to all time highsgoing into earnings while potential performance peer or competitor Amazon.com, Inc (NASDAQ: AMZN) has continueda more steadyrise and small cap Outerwall Inc (NASDAQ: OUTR), which owned the Redbox business,got swallowed up Apollo Global Management, LLC (NYSE: APO) late last year:
- [By Monica Gerson]
Outerwall (NASDAQ: OUTR) dipped 19.33% to $45.15 in the pre-market session after the company lowered its forecast for the third quarter and full year.
- [By Lisa Levin]
Outerwall (NASDAQ: OUTR) plummeted 12.08% to $49.21 after the company lowered its forecast for the third quarter and full year.
JinkoSolar Holding Co (NYSE: JKS) dropped 9.88% to $16.87 after the company announced the offering of 3,500,000 American Depositary Shares.
Top Safest Stocks To Invest In 2018: Lincoln National Corporation(LNC)
- [By WWW.THESTREET.COM]
* The market bent yesterday but today it stabilized. (A good showing, all things being considered–but in no way decisive going forward).
* Gold +$5/oz.
* Crude oil +$0.50 and the rise is taking up some energy stocks.
* The Russell returned to the spotlight.
* Life insurance–particularly Lincoln National (LNC) (on an upgrade). Hartford Financial Services (HIG) gets a small lift.
* Retail returned from the depths. The standouts–L Brands (LB) , Kohl’s (KSS) , Bed Bath (BBBY) , Nordstrom (JWN) and Gap (GPS) .
* Ag equipment–after an analyst upgrade yesterday.
* Homebuilders catch a bid.
* Day one of the Masters Golf Tournament.
- [By Lee Jackson]
Lincoln National Corp. (NYSE: LNC) also had the man at the top selling stock last week. Dennis Glass, the CEO of this insurance and retirement focused company, sold a block of 75,000 shares at between $71.00 and $71.28 apiece. The total for the sale was posted at $5 million. Shares closed Friday at $71.69, in a 52-week rangeof $34.16 to $73.71. The consensus price target is $73.17.