Earnings reporting season for the second quarter is now well underway. So far, things are looking good. The biotech industry has yet to see any significant earnings representation. That will change this week when at least eight large biopharma firms are scheduled to report second-quarter earnings
The current market sell-off may offer good buying opportunities for selected companies. In my point of view, one such company that could be added in the portfolio is Ichor Holdings (ICHR). The company operates within the semiconductor industry that is set to benefit from positive secular trends.
Stocks made gains on Wednesday, despite upward moves in oil prices and interest rates. TheDow Jones Industrial Average (DJINDICES:^DJI)and theS&P 500 (SNPINDEX:^GSPC)both added nearly a percentage point.
What’s a distressed-debt fund to do when the market just isn’t feeling the pain?
With so few companies on the verge of default, investors in the debt are finding other ways to keep busy, like turning to activism or joining banks in the loan market to try to fill the gap left by a shrinking pool of distressed bonds. They have a long way to go before they can spend $74 billion....More>>>
Wall Street brokerages expect that Orion Energy Systems, Inc. (NASDAQ:OESX) will post $16.08 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Orion Energy Systems’ earnings. The lowest sales estimate is $14.80 million and the highest is $17.
Media coverage about Broadcom (NASDAQ:AVGO) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded compa
News stories about MSA Safety (NYSE:MSA) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, wi