To the astonishment of bond investors, the premium for owning Treasurys over the safest government bonds in the eurozone hit its richest levels since the fall of the Berlin Wall last week.
The spread between the 2-year German bond yield
and the U.S. 2-year Treasury yield
has run up to more than 3 percentage points, its widest since 1989.
Top 5 Safest Stocks To Own Right Now: United Natural Foods, Inc.(UNFI)
- [By Garrett Baldwin]
Markets are cheering a major development in efforts to fix the ongoing trade conflict between the United States and China. According to Reuters, Chinese telecom giant ZTE has signed an agreement to get back into business with its American partners. The agreement will lift a ban by the U.S. Commerce Department that prevented China’s No. 2 telecommunications equipment from buying from U.S. suppliers. This is a major development, and one that signals progress among trade officials from both nations. There are now more job openings in the United States than available workers. This is the first time that the Department of Labor has documented this phenomenon. There are 6.7 million openings compared to the 6.4 million workers available to fill those positions. As a result, U.S. companies have been forced to increase compensation in order to attract talent. All of the positive economic development could come to a screeching halt should the U.S. experience the largest labor strike in a decade. Reports indicate that the Teamsters and the United Parcel Service (NYSE: UPS) are on a collision course that could result in a general strike. The union has announced that 260,000 UPS employees have authorized a strike should both sides fail to reach a labor deal by August 1. UPS is responsible for the transport of 6% of the nation’s gross domestic product.
Three Stocks to Watch Today: TSLA, NOG, WFC
Tesla Inc. (Nasdaq: TSLA) investors remain committed to giving Chairman Elon Musk more of their money. On Tuesday, shareholders struck down proposals that would have removed Musk from the chairman role and shaken up the board of directors. Both proposals failed. At the same shareholder event, Musk announced plans for Tesla to open a production facility in Shanghai and projected that his firm will likely produce 5,000 Model 3 vehicles per week by the end of June. In deal news, defense contractor Northrop Grumman (NYSE: NOG) has won U.S. antitrust approval to purchase rocket moto
- [By Shane Hupp]
United Natural Foods (NASDAQ:UNFI) had its price objective cut by Pivotal Research from $34.00 to $33.00 in a report released on Wednesday morning. They currently have a sell rating on the stock.
- [By Stephan Byrd]
Algert Global LLC bought a new stake in shares of United Natural Foods (NASDAQ:UNFI) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 26,469 shares of the company’s stock, valued at approximately $1,137,000.
- [By Asit Sharma]
Last week, United Natural Foods, Inc. (NASDAQ:UNFI) shares fell more than 14% in the trading session following the company’s June 6 release of fiscal third-quarter 2018 earnings, largely on investor concerns over gross margin. The stock has recouped only a couple of percentage points to date.
- [By Steve Symington]
As for individual stocks, fresh earnings news left shares of Five Below (NASDAQ:FIVE) and United Natural Foods (NASDAQ:UNFI) moving in opposite directions.
Top 5 Safest Stocks To Own Right Now: Jagged Peak Energy Inc. (JAG)
- [By Lisa Levin]
Companies Reporting After The Bell
NVIDIA Corporation (NASDAQ: NVDA) is estimated to post quarterly earnings at $1.45 per share on revenue of $2.89 billion.
News Corporation (NASDAQ: NWSA) is projected to post quarterly earnings at $0.07 per share on revenue of $1.99 billion.
Symantec Corporation (NASDAQ: SYMC) is estimated to post quarterly earnings at $0.39 per share on revenue of $1.19 billion.
Pilgrim's Pride Corporation (NASDAQ: PPC) is projected to post quarterly earnings at $0.54 per share on revenue of $2.65 billion.
Hawaiian Electric Industries, Inc. (NYSE: HE) is expected to post quarterly earnings at $0.38 per share on revenue of $556.81 million.
Air Lease Corporation (NYSE: AL) is estimated to post quarterly earnings at $1.01 per share on revenue of $383.37 million.
Flowserve Corporation (NYSE: FLS) is expected to post quarterly earnings at $0.27 per share on revenue of $880.89 million.
Civitas Solutions, Inc. (NYSE: CIVI) is projected to post quarterly earnings at $0.12 per share on revenue of $396.25 million.
The Trade Desk, Inc. (NASDAQ: TTD) is estimated to post quarterly earnings at $0.1 per share on revenue of $73.23 million.
Amdocs Limited (NYSE: DOX) is projected to post quarterly earnings at $0.95 per share on revenue of $980.50 million.
Yelp Inc. (NYSE: YELP) is estimated to post quarterly loss at $0.04 per share on revenue of $220.14 million.
Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) is expected to post quarterly earnings at $0.43 per share on revenue of $210.01 million.
TiVo Corporation (NASDAQ: TIVO) is projected to post quarterly earnings at $0.37 per share on revenue of $198.62 million.
Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) is expected to post quarterly earnings at $0.17 per share on revenue of $153.87 million.
Uniti Group Inc. (NASDAQ: UNIT) is estimated to post quarterly earnings at $0.01 per share on revenue of $247.16 million.
Jagged Peak En
- [By Ethan Ryder]
Royal Dutch Shell plc ADR Class A (NYSE: RDS.A) and Jagged Peak Energy (NYSE:JAG) are both oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, analyst recommendations, dividends, institutional ownership, earnings, valuation and profitability.
- [By Motley Fool Staff]
JAGGED PEAK ENERGY INC. (NYSE:JAG) Q1 2018 Earnings Conference CallMay. 11, 2018 11:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
Top 5 Safest Stocks To Own Right Now: Civeo Corporation(CVEO)
- [By Steve Symington]
Still, several individual companies easily outran the broader market. Read on to learn why shares of ManTech International (NASDAQ:MANT), Civeo (NYSE:CVEO), and Deutsche Bank (NYSE:DB)each climbed higher today.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
World Fuel Services Corporation (NYSE: INT) tumbled 18 percent to $22.90 following Q1 results.
Biglari Holdings Inc. (NYSE: BH) fell 17.4 percent to $349.52. Washington Prime Group will replace Biglari Holdings in the S&P SmallCap 600 on Tuesday, May 1.
Flex Ltd. (NASDAQ: FLEX) dipped 15.7 percent to $14.03 after a mixed fourth quarter report.
FormFactor, Inc. (NASDAQ: FORM) fell 15.3 percent to $11.65. FormFactor is expected to release Q1 results on May 2.
Data I/O Corporation (NASDAQ: DAIO) dropped 14.3 percent to $6.24 following Q1 results.
National Instruments Corporation (NASDAQ: NATI) fell 14.3 percent to $ 42.34 after reporting Q1 results.
United States Steel Corporation (NYSE: X) dipped 14.2 percent to $32.37 following Q1 results.
Civeo Corporation (NYSE: CVEO) dropped 13.5 percent to $3.33. Civeo posted a Q1 loss of $0.42 per share on sales of $101.504 million.
athenahealth, Inc. (NASDAQ: ATHN) fell 12.4 percent to $125.310 after reporting Q1 results.
Charter Communications, Inc. (NASDAQ: CHTR) shares tumbled 12.1 percent to $262.06 as the company posted Q1 results.
Value Line, Inc. (NASDAQ: VALU) fell 11.3 percent to $19.10.
Federated Investors, Inc. (NYSE: FII) shares dropped 11.2 percent to $27.605 after the company posted downbeat quarterly earnings.
AV Homes, Inc. (NASDAQ: AVHI) declined 10.7 percent to $17.20 following Q1 results.
CalAmp Corp. (NASDAQ: CAMP) dropped 9.4 percent to $21.01 after reporting Q4 results.
Tandem Diabetes Care, Inc. (NASDAQ: TNDM) shares fell 8.9 percent to $7.280 following mixed Q1 results.
Sony Corporation (NYSE: SNE) shares fell 8.4 percent to $45.97 after reporting Q4 results.
LogMeIn Inc (NASDAQ: LOGM) fell 8.2 percent to $109.825. LogMeIn reported upbeat earnings for its first quarter, but issued weak second quarter and FY18 earning guidance.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO
Top 5 Safest Stocks To Own Right Now: Liberty All-Star Equity Fund(USA)
- [By ]
Given that the Fed has indicated it would welcome a modest overshoot in inflation, markets would likely need to see wages grow by 0.4 percent or 0.5 percent to gain confidence in a fourth 2018 hike, according to Priya Misra, head of global rates strategy at TD Securities (USA) LLC.
- [By ]
These are the participating banks:
In the U.S.: Ally Financial, American Express, Bank of America, Bank of New York Mellon, BB&T, Capital One, CIT, Citigroup, Citizens Financial, Comerica, Discover Financial, Fifth Third, Goldman Sachs, Huntington, JPMorgan Chase, KeyBanc, M&T, Morgan Stanley, Northern Trust, PNC Financial, Regions Financial, State Street, SunTrust, U.S. Bancorp, Wells Fargo, and Zions. Non-U.S. firms: Barclays US, BBVA Compass Bancshares, BMO Financial, BNP Paribas USA, Credit Suisse Holdings (USA), Deutsche Bank USA, HSBC North America Holdings, MUFG Americas Holdings, RBC USA, Santander Holdings USA, TD Group US, UBS Americas
Here’s a sample of recent analyst commentary:
Top 5 Safest Stocks To Own Right Now: Gladstone Commercial Corporation(GOOD)
- [By Shane Hupp]
Goodomy (GOOD) is a PoW/PoS token that uses the Scrypt hashing algorithm. Its launch date was June 21st, 2017. Goodomy’s total supply is 888,000,000 tokens and its circulating supply is 620,508,777 tokens. Goodomy’s official Twitter account is @GoodKarmaCoin and its Facebook page is accessible here. Goodomy’s official website is goodomy.com.
- [By Max Byerly]
Goodomy (GOOD) is a PoW/PoS token that uses the Scrypt hashing algorithm. Its genesis date was June 21st, 2017. Goodomy’s total supply is 888,000,000 tokens and its circulating supply is 620,508,777 tokens. Goodomy’s official Twitter account is @GoodKarmaCoin and its Facebook page is accessible here. Goodomy’s official website is goodomy.com.