1.64k followers • 3 symbols Watchlist by Yahoo Finance
Follow this list to discover and track stocks that have set death crosses within the last week. A Death Cross is when a stock's 50 day moving average crosses below the 200 day moving average. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Vodafone Group Plc returned to sales growth in the second quarter as its toughest European market of Spain showed signs of improvement, in a boost for Chief Executive Officer Nick Read. Its shares rose as much as 3.2% Organic service revenue grew 0.7%, above the 0.2% forecast by analysts. It follows two quarters of declines. Vodafone also upgraded its full-year earnings guidance.Key InsightsRead needs some decent sales growth to generate cash for network investments and service debts built up with Vodafone’s purchase of Liberty Global Plc assets.South Africa, Italy and Spain all improved as Vodafone faced tough competition from former phone monopolies and no-frills challengers. The company said it had the best ever quarter for new customers in the U.K.Read said he expects to build upon the revenue growth in the second half of the year in both Europe and Africa.The company toned down its guidance on full-year free cashflow, while boosting its forecast for earnings after the Liberty Global deal.Market ReactionVodafone shares were up 2.5% as of 8:30 a.m. in London. The stock has risen 14% in the past year, outpacing a 5% rise in the Stoxx 600 Telecommunications Index, as investors welcomed Read’s plans to collaborate more with rivals on infrastructure to cut costs.NOTE: Vodafone CEO’s Wild First Year Leaves Stock Where It StartedOn Monday, 17 analysts surveyed by Bloomberg rated the stock a buy, six hold and two sell.Get MoreThe company made a loss in its Indian business after a court ordered it to pay a spectrum fee. It now sees group free cash flow of “around” 5.4 billion euros versus previous guidance of “at least” 5.4 billion. Vodafone sees adjusted earnings before interest, tax, depreciation and amortization of 14.8 billion euros to 15 billion euros, up from its previous guidance of 13.8 billion to 14.2 billion.Company statementNOTE: BT Drops as Liberty Global Switches to Vodafone for Mobile(Updates with share price rise. A previous version of this story was corrected to fix the revenue growth figure.)To contact the reporter on this story: Thomas Seal in London at email@example.comTo contact the editors responsible for this story: Rebecca Penty at firstname.lastname@example.org, Thomas PfeifferFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Focus on acquisitions, innovation and demand stemming from fresh food and e-commerce market is likely to drive growth for Sealed Air (SEE) amid high input costs.
Investing.com – Many investors want or expect stocks to move higher, but a little buyer reluctance took over the stock market on Wednesday.
Britain's Virgin Media is ditching BT's mobile network for rival Vodafone from late 2021 in a five-year deal that will allow it to launch new services such as 5G to its more than 3 million customers. Virgin Media, which offers cable TV and broadband services, pioneered the mobile virtual network operator (MVNO) model, whereby a company offers own-branded mobile on an established partner's network. It has used BT's EE network for nearly 20 years, including before BT owned it, but its customers will be switched onto Vodafone's network in 2021 after the company won the new contract.
Solid on-road electric vehicle markets, strength in the other electric vehicle markets beyond material handling, and investment in TAP service might get reflected in Plug Power's (PLUG) Q3 results.
Sealed Air (SEE) is likely to have benefited from savings from restructuring program, acquisitions and strong demand in Q3 despite higher input costs and currency headwinds.
Emerson's (EMR) fiscal Q4 earnings are likely to have gained from strong prospects in the Automation Solutions segment. Weak global discrete manufacturing market might have been a concern.
Sealed Air (SEE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Xylem's (XYL) third-quarter 2019 results are expected to reflect benefits of strengthening end markets, exposure to emerging markets and product innovation. Cost and forex woes might have been drags.
Strength in OEM and MRO businesses in commercial and military end markets is likely to have boosted Parker-Hannifin's (PH) fiscal first-quarter earnings.
Federal Signal's (FSS) third-quarter 2019 earnings are likely to have gained from strength in its end markets. High effective tax rate and cost of sales are likely to have posed concerns.
General Electric's (GE) third-quarter performance is expected to have benefited from debt-reduction efforts, strong Aviation business and international presence. Power might have been a drag.
Rising cost of sales related to material inflation and unfavorable foreign exchange movements are likely to get reflected in Ingersoll-Rand's (IR) third-quarter results.
A.O. Smith's (AOS) strength in the replacement market for U.S. water heaters is likely to have boosted its Q3 earnings. Soft sales of water heaters and air purifiers in China might have been concerns.
TriNet (TNET) delivered earnings and revenue surprises of 1.25% and -1.75%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
AGCO Corp's (AGCO) Q3 performance likely to reflect benefits from margin improvement, cost-reduction initiatives and pricing impact amid reduced market outlook for the North and South America segment.