Tag Archives: earnings

Feb. 16, 2021Updated: Feb. 16, 2021 5:42 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Tuesday reported fourth-quarter net income of $11 million, after reporting a loss in the same period a year earlier. The Schiphol, Netherlands-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 23 cents per share. The Russian search engine posted revenue of $969.2 million… Source link

Feb. 16, 2021Updated: Feb. 16, 2021 3:42 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Tuesday reported fourth-quarter net income of $11 million, after reporting a loss in the same period a year earlier. The Schiphol, Netherlands-based company said it had net income of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 23 cents per share. The Russian search engine posted revenue of $969.2 million… Source link

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link

TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And… Source link

Stocks rose Wednesday as investors eyed a wave of better than expected corporate earnings results and considered these alongside expectations for more fiscal support from congressional lawmakers. The Dow added more than 100 points, or 0.4%, shortly after market open, reaching a record intraday high. Each of the Nasdaq and S&P 500 also rose to record levels Wednesday morning. All three major indexes have performed strongly for February to date, as has the small-cap Russell 2000, which reached… Source link

Wednesday, February 10, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe People keep calling bubbles, but this cycle is just getting started. Fourth quarter earnings season is rolling along and results to date have been fantastic. As Sam Ro chronicled in Monday’s Morning Brief, through last week 81% of companies in the S&P 500 that had reported earnings so far beat expectations by an average of 15.2%. At the end of 2020, we argued in this… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

Google-parent Alphabet GOOGL recently reported fourth-quarter 2020 results, with earnings and revenues topping estimates and increasing on a year-over-year basis. Notably, Alphabet’s share price surged 7.6% in after-hour trading on impressive earnings results on Feb 2. Q4 Earnings at a Glance Earnings per share were $22.30, beating the Zacks Consensus Estimate of $15.91 and increasing 36% sequentially and 45.3% year over year. Net revenues, excluding total traffic acquisition cost or TAC… Source link