Momentum Stocks

JetBlue Airways Share Gains as Q2 EPS Beats

Shares of JetBlue Airways (JBLU) were 6% higher on Tuesday after the airline company reported Q2 earnings that beat expectations on higher revenues that met analysts’ forecasts. The company also guided for year-over-year capacity growth in Q3 and FY16. Separately, the company said it has agreed to buy an additional[Read More…]

by July 26, 2016

Inventergy Global Shares Rise 10%

Inventergy Global shares were higher 10% on Friday after the company said it has entered into a definitive agreement with institutional investors for the private placement of $3.0 million in convertible stock and warrants. The Silicon Valley intellectual property company intends to use $2.5 million of the proceeds to redeem[Read More…]

by July 22, 2016

Cintas Rises to Record High

Cintas shares rose to a new high on Wednesday after the provider of corporate identity uniforms and other items said late Tuesday that fiscal Q4 sales rose 11.3% to $1.27 billion from the year-ago level and were above the CapIQ mean for $1.25 billion. CTAS was up 12% at $108.79,[Read More…]

by July 20, 2016

Netflix, Inc. (NASDAQ:NFLX): Analysts Expecting $0.02 Per Share

Sell-side analysts on Wall Street are anticipating that Netflix, Inc. (NASDAQ:NFLX) will report earnings of $0.02 per share when the company issues their quarterly report today. This is the consensus EPS number according to data from Zack’s Research. How the estimated EPS differs from the actual earnings number is what[Read More…]

by July 19, 2016

Tempur Sealy International Repays Remaining Senior Secured Notes

Tempur Sealy International said it has converted or repaid all of the remaining 8% senior secured third lien convertible notes due 2016 issued by Sealy Corporation and Sealy Mattress Company that matured on July 15. The company paid a total of approximately $115 million in cash to holders of the[Read More…]

by July 18, 2016