Got a tip?: tips@bullonthestreet.com
Email: info@bullonthestreet.com

RETAIL

Teva Pharmaceuticals is Considered a Buy Finally by Morgan Stanley

By Editor / November 6, 2018 / 0 Comments

Investment bank Morgan Stanley has given Israel’s Teva Pharmaceuticals a positive rating for the first time in two years. Morgan Stanley analyst David Risinger says investors should buy shares of Teva Pharmaceutical Industries as the pharmaceutical giant’s turnaround picks up steam. Risinger upgraded shares of Teva from “equal weight” to “overweight” and increased his price…

Read More

Kelloggs Sees its Worst Day of Trading in Almost Twenty Years

By Editor / November 6, 2018 / 0 Comments

Shares of Kelloggs were crashing after the company reported its third quarter financial results and slashed its 2018 outlook. The stock saw its biggest daily loss in almost twenty years despite reporting good results but scaring investors with its guidance. For the third quarter, the company reported net income of $380 million, or $1.09 a…

Read More

Under Armour Soars on Third Quarter Results but Nike is Still a Threat

By Editor / November 6, 2018 / 0 Comments

Sport apparel company Under Armour was seeing its shares pop after the company reported third quarter results. Under Armour was up nearly 25% after reporting third quarter revenue of $1.443 billion while analysts were expecting $1.41 billion. Net income for the quarter also jumped 40% to hit $75.3 million, or 17 cents a share. Earnings…

Read More

Toys R Us Demise Helped Push Hasbro Shares Lower After Company Reported Q3 Results

By Editor / November 1, 2018 / 0 Comments

Shares of toymaker Hasbro were plummeting after the company reported third quarter results that missed on both the top and bottom line. Revenue for the quarter saw a drop of 12% year over year, GAAP earnings per share sank 1.4%, and EPS adjusted for one-time factors saw a loss of 7.7%. Net revenue at $1.57…

Read More

Motorcycle Maker Harley Davidson Will Pay This Much This Year Because of Tariffs

By Editor / November 1, 2018 / 0 Comments

Wisconsin-based Harley Davidson recently revealed to Wall Street just how much tariffs are going to cost the company this year. While reporting third quarter financial results, the company’s Chief Financial Officer, John Olin, said that tariffs would cost the company at least $40 million this year. Tariffs will increase the costs of aluminum and steel…

Read More