Lumber prices fell below $650 per thousand board feet after reaching a near one year high, as new US tariffs on most Canadian wood related products weighed on the market. Although Canadian softwood lumber was exempt from Washington's new 50 percent tariffs, 98 other …
US natural gas futures fell to around $2.62 per MMBtu, down 4 percent and extending losses to their lowest level in three months, as strong production, comfortable inventory levels, and weak LNG feedgas demand continue to weigh on prices. Average gas output in the …
Silver prices fell about 2 percent to around $57 an ounce on Tuesday, pressured by a stronger US dollar and investor caution ahead of Wednesday's Federal Reserve policy decision. The dollar remained near a four week high as markets priced in more than a …
Four stocks are trading higher today, and the common thread is not simply beating estimates, it is that the market found little to second-guess in each result.
Polaris (NYSE:PII) shares are pulling back in Tuesday trading despite a strong second-quarter beat, as investors book profits after the stock's sharp run-up to 52-week highs ahead of the earnings release. The company posted adjusted earnings per share of $1.97, far exceeding a $0.75 …
Procter & Gamble (NYSE:PG) shares are trading higher in Tuesday trading, outperforming the broader market ahead of the company's fiscal fourth-quarter earnings report later this week, as investor sentiment in the consumer staples sector improves following strong results from peers Unilever (NYSE:UL) and Coca-Cola …
Royal Caribbean Cruises (NYSE:RCL) shares surged in Tuesday trading after the company posted second-quarter results that topped Wall Street estimates, with adjusted earnings per share of $4.21 beating a $3.98 consensus estimate and revenue of $4.83 billion also exceeding forecasts, despite a load factor …
Travelzoo (NASDAQ:TZOO) shares plunged in Tuesday trading after the company reported second-quarter results showing a swing to a net loss, with revenue of $23.2 million declining 3 percent year-over-year and the company posting a net loss of $0.21 per share, compared with earnings of …
Asbury Automotive Group (NYSE:ABG) shares rallied in Tuesday trading after the auto dealer posted second-quarter adjusted earnings per share of $6.82, topping a $6.31 consensus estimate by more than 8 percent, even as revenue of $4.38 billion slightly missed estimates of approximately $4.5 billion.
The Coca-Cola Company (NYSE:KO) shares are trading sharply higher after the company reported a beat-and-raise second-quarter result, with adjusted earnings per share of $0.97 topping a $0.93 consensus estimate and revenue of $13.4 billion beating expectations on 6 percent organic revenue growth and 5 …