Tilray May Soon Be Smokin’ Hot
Article By:
Bob Lang
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Wednesday, January 16, 2019 10:35 AM EST
Marijuana stocks have been all the rage for about a year now, and Tilray has been one of the big horses. The medical marijuana name had an epic run higher last fall, moving from around $40 in September to a high of $300 on stellar turnover.
In this article: TLRY
BofA Surges On Solid Earnings Beat Despite Big FICC Miss, Jump In Credit Loss Provision
Article By:
Tyler Durden
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Wednesday, January 16, 2019 7:54 AM EST
Bank of America reported strong top and bottom-line results, with revenue rising 6% Y/Y to $22.7BN, beating consensus estimates of $23.35BN, and resulting in stronger than expected Net Income of $7.3BN and EPS of 70 cents.
In this article: BAC
Why Did Tilray Stock Drop Sharply Today?
Article By:
Zacks Investment Research
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Tuesday, January 15, 2019 7:47 PM EST
Shares of Tilray fell more than 17% on Tuesday after its post-IPO lockup period expired, allowing early investors in the Canadian marijuana company to cash out of their positions for the first time.
In this article: TLRY
UnitedHealth Group (UNH) Surpasses Q4 Earnings And Revenue Estimates
Article By:
Zacks Investment Research
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Tuesday, January 15, 2019 10:35 AM EST
UnitedHealth Group came out with quarterly earnings of $3.28 per share, beating the Zacks Consensus Estimate of $3.20 per share. This compares to earnings of $2.59 per share a year ago.
In this article: UNH
Netflix Hikes Prices Up To 18% For 58 Million US Subscribers
Article By:
Tyler Durden
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Tuesday, January 15, 2019 9:59 AM EST
For the fourth time in its history (the last hike came in 2017), Netflix is raising prices - this time by 13-18% - its biggest price-hike since launching 12 years ago.
In this article: NFLX
Delta Air Lines (DAL) Q4 Earnings Surpass Estimates
Article By:
Zacks Investment Research
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Tuesday, January 15, 2019 9:51 AM EST
Delta Air Lines came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.27 per share.
In this article: DAL
Wells Fargo Just Reported The Worst Mortgage Number Since The Financial Crisis
Article By:
Tyler Durden
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Tuesday, January 15, 2019 9:04 AM EST
Wells just reported that its 'bread and butter' is once again missing, and in Q4 2018 the amount in the all-important Wells Fargo Mortgage Application pipeline shrank again, dropping to $18 billion, the lowest level since the financial crisis.
In this article: WFC
JPM Reports Huge Trading Miss As FICC Revenue Plunges To Lowest Since Financial Crisis
Article By:
Tyler Durden
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Tuesday, January 15, 2019 7:50 AM EST
JPMorgan Q4 results were even worse than Citi's as they were a disappointment across the board, with both reported revenue of $26.1BN and "managed" revenue of $26.8BN missing consensus expectations of $26.9BN.
In this article: JPM
Is Zomato Acquiring Bootstrapped Startups In India?
Article By:
Sramana Mitra
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Tuesday, January 15, 2019 5:30 AM EST
A couple of years back, Zomato was floundering as a restaurant search, discovery, reviews, and ratings service. However, with the help of several acquisitions, it diversified into the food delivery sector.
PG&E Former CEO To Collect Millions In Cash While Utility Files For Bankruptcy
Article By:
Tyler Durden
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Monday, January 14, 2019 12:56 PM EST
With the second bankruptcy of PG&E looming both shareholders and bondholders are staring at massive losses.
In this article: PCG