Factors Keeping the Coal Industry Alive

Energy analysts downplay coal as a fuel source and are quite skeptical about its prospects. But the Trump administration remains committed to the industry’s competitive position through the relaxation of emissions rules. Apart from the relaxation of stringent environment legislation, coal demand also benefit from the higher price of natural gas and improvement of coal … Read more

Mastercard (MA) Gears Up for Q4 Earnings, What's in Store?

Mastercard Inc. (MA – Free Report) is scheduled to report fourth-quarter 2017 results on Feb 1, before the opening bell. We expect an increase in net revenues primarily driven by increases across its revenue categories, accretive impact of acquisitions, higher switched transactions and increase in gross dollar volumes. The revenue growth, however, will be offset … Read more

Why Asia Is the Key to Facebook's Q4 Earnings Report

Shares of Facebook (FB – Free Report) were up marginally through early afternoon trading hours on Tuesday, just one day before the company is scheduled to release its fiscal fourth quarter earnings report. All eyes are always on the Mark Zuckerberg-led social media giant, but Wednesday’s earnings announcement should attract significant attention given the latest … Read more

Corning (GLW) Surpasses Q4 Earnings, Revenue Estimates

Corning Inc. (GLW – Free Report) delivered fourth-quarter 2017 adjusted earnings of 49 cents per share, beating the Zacks Consensus Estimate by a couple of cents. However, earnings decreased 2%, year over year but increased 14% sequentially. Growth was driven by improvement in revenues. Core revenues increased 7% year over year to $2.739 billion, which comfortably … Read more

Amazon is Building Its Own Healthcare Company, With the Help of Berkshire & JPMorgan

In some market shaking news, e-commerce giant Amazon.com (AMZN – Free Report) announced that they are partnering with Warren Buffett’s Berkshire Hathaway and JPMorgan Chase (JPM – Free Report) to build a healthcare company in order to cut costs for their U.S. employees and improve worker satisfaction. As a result, shares of health sector companies … Read more

Zimmer Biomet (ZBH) Q4 Earnings Meet Estimates, Sales Beat (Revised)

Zimmer Biomet Holdings, Inc. (ZBH – Free Report) reported fourth-quarter 2017 adjusted earnings per share of $2.10, down 1.9% year over year but in line with the Zacks Consensus Estimate. Reportedly, net earnings came in at $6.16 compared with the year-ago quarter’s 34 cents. Notably, reported net earnings include a one-time tax benefit of approximately $6.40 … Read more