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With laser sales increasing, IPG Photonics stock soars
2015-07-28 23:05:38| Electronics - Topix.net
Shares of Oxford-based IPG Photonics, a developer of optical fiber-based lasers, jumped 11 percent Tuesday to $91.05 apiece after the company reported a jump in sales in its most recent quarter. With demand for its laser technology increasing, IPG reported that sales for its second quarter increased 22 percent to a record $235.1 million, above analysts' estimates of $222 million.
Tags: sales
stock
increasing
laser
The Tell: UPS fires warning shot across the bow of the stock market and the Fed
2015-07-28 21:07:54| Trucking - Topix.net
United Parcel Service Inc. has fired warning shots across the bow of the Federal Reserve and the stock market, by saying on Tuesday that U.S. economic growth appears to be slowing. The package-delivery giant's cautious outlook runs counter to what Fed Chairwoman Janet Yellen said earlier this month, when she told Congress she expects the U.S. economy to keep strengthening enough for the central bank to raise interest rates " at some point this year ."
The Tell: UPS fires warning shot across the bow of the stock market and the Fed
2015-07-28 20:57:14| Air Courier - Topix.net
United Parcel Service Inc. has fired warning shots across the bow of the Federal Reserve and the stock market, by saying on Tuesday that U.S. economic growth appears to be slowing. The package-delivery giant's cautious outlook runs counter to what Fed Chairwoman Janet Yellen said earlier this month, when she told Congress she expects the U.S. economy to keep strengthening enough for the central bank to raise interest rates " at some point this year ."
Masco (MAS) Stock Jumping Following Earnings Release
2015-07-28 17:37:03| Furniture - Topix.net
TheStreet's Jim Cramer , Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio said, "I like Masco, because Masco is part of the investment thesis that Home Depot Wall Street was expecting Masco to earn 36 cents a share on revenue of $2.22 billion for the period, according to analysts surveyed by Thomson Reuters. Additionally, the company said it plans to increase annual dividend by 2 cents per share to 38 cents by the fourth quarter of 2015.
Tags: stock
release
mas
earnings
Nike (NKE) Stock Price Target Raised at Jefferies
2015-07-28 16:48:24| Footwear - Topix.net
Analysts believe the passage of the Trans-Pacific Partnership , a proposed free trade agreement between the U.S. and 11 other countries, is likely. If the agreement gets ratified, tariffs on Vietnam imports would be eliminated, which could boost Nike's margins, according to the analyst note.
Tags: price
stock
target
raised
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