Better Buy: Palo Alto Networks, Inc. vs. Fortinet

Better Buy: Palo Alto Networks, Inc. vs. Fortinet
A glance at year-to-date performance suggests that cybersecurity specialist Fortinet (NASDAQ: FTNT) has won over investors, particularly compared to peer Palo Alto Networks (NYSE: PANW) . Fortinet shareholders are enjoying a 22% bump in value in 2017, while Palo Alto has struggled to eke out a 5% gain. After Fortinet’s recent second-quarter earnings results, its stock has since nosedived 9%.... Read More

Oil and Gas Stock Roundup: These Strategy Updates Fueled Some Massive Moves

Oil and Gas Stock Roundup: These Strategy Updates Fueled Some Massive Moves
What happened While earnings season in the energy patch is in the rearview mirror, that doesn’t mean it was a quiet week. Several energy companies unveiled updates on their strategic initiatives, which proved to be significant catalysts and fueled big moves in their stock prices. Leading the way, according to data from S&P Global Market Intelligence , were Seadrill Partners (NYSE:... Read More

Facebook (FB) Plans to Expand Its Marketplace Offerings

Facebook (FB) Plans to Expand Its Marketplace Offerings
Facebook FB announced plans to expand what types of products will be listed in its Craigslist-like Marketplace, including auto and ticket sales. Launched this past October, Facebook Marketplace facilitates peer-to-peer shopping. Using Facebook profiles, users can find out more information about the person they’re buying from or selling to, while its integration with Facebook Messenger allows users to haggle prices... Read More

What Happened in the Stock Market Today

What Happened in the Stock Market Today
Stocks toyed with small gains on Friday, but eventually the Dow Jones Industrial Average (DJINDICES: ^DJI)  and the S&P 500 (SNPINDEX: ^GSPC)  ended the day with small losses. Today’s stock market Index Percentage Change Point Change Dow (0.35%) (76.22) S&P 500 (0.18%) (4.46) Data source: Yahoo! Finance. Utilities were up, with the Utilities Select SPDR ETF (NYSEMKT: XLU) gaining 0.6%. Real... Read More

Granite Construction (GVA) Subsidiary Wins $21M Contract

Granite Construction (GVA) Subsidiary Wins $21M Contract
Kenny Construction Company (Kenny), a wholly owned subsidiary of Granite Construction Inc. GVA , has been awarded a $21-million contract by the Illinois Department of Transportation. The contract work involves the reconstruction and widening of the Van Buren Street Bridge in Chicago, IL. Per the contract, Kenny will replace the Van Buren Street Bridge over Interstate 90/94 and build a... Read More

Close Update: Bannon's Ouster Fails to Compensate For Persistent Risk Aversion

Close Update: Bannon's Ouster Fails to Compensate For Persistent Risk Aversion
Wall Street’s major averages surrendered modest midday gains and closed lower for a second day after the ouster of President Donald Trump’s controversial chief strategist Steve Bannon failed to compensate for lingering concerns about the fate of Trump’s pro-growth agenda and tensions with North Korea. And after a tumultuous week which saw the blue chip index endure its largest one-day... Read More

Guess Which Workers Worry the Most About Losing Their Jobs?

Guess Which Workers Worry the Most About Losing Their Jobs?
It wasn’t so long ago that the Great Recession wracked our country, and brought more layoffs than the workforce had seen in decades. Even now, with the official unemployment rate back down to a modest 4.3%, countless Americans are still feeling the aftereffects of that period, and struggling to recover financially. And that stressful period has only exacerbated people’s natural... Read More

Wal-Mart Stores Boosts Full-Year Profit Forecast

Wal-Mart Stores Boosts Full-Year Profit Forecast
Wal-Mart Stores (NYSE: WMT) reported fiscal 2018 second-quarter results on Aug. 17. The retail colossus continues to enjoy strong growth in its e-commerce operations and improving performance in its stores, prompting management to raise its earnings guidance for the year ahead. Wal-Mart Stores results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Change Revenue $123.355 billion $120.854 billion 2.1%... Read More

4 Opportunities Cisco Pessimists Need to Know About

4 Opportunities Cisco Pessimists Need to Know About
Shares of Cisco (NASDAQ: CSCO) fell 4% on Aug. 17 after the networking-hardware giant reported mixed fourth-quarter numbers and soft guidance for the current quarter. Cisco’s revenue fell 4% year-over-year to $12.13 billion, which narrowly beat expectations but marked its seventh-straight quarter of year-over-year declines. Cisco’s switching and routing revenue — 44% of its top line — both fell 9% annually. Those... Read More