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Zacks Wall Street expects a year-over-year increase in earnings on higher revenues when Union Pacific (UNP) reports results for the quarter ended December 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 24. MarketWatch Shares of Taiwan Semiconductor Manufacturing Co. (tsm) are down 0.4% in Thursday morning trading after the company reported December-quarter results that topped expectations but delivered a disappointing outlook for the March period. Taiwan Semi projected $7.3 billion to $7.4 billion in March-quarter revenue, significantly below the $8.5 billion consensus estimate listed on FactSet. Issues with high-end smartphones, including Apple Inc.'
S (aapl) iPhone, are weighing on the company, Evercore ISI analyst C.J. Fortune The current system has gotten so out of whack with the planet, the report says, that nearly 1 billion people are going hungry while 2 billion people are eating too much.
Specifically, those of us who are overfed need to cut back on red meat to help reduce the carbon emissions created by such food production, but people who are currently underfed should actually eat more beef and lamb. The report says people in North America eat more than six times the recommended amount of red meat, while people in South Asia eat half of what they should. Fortune As the government shutdown rages on, it's not just commercial flying that's affected; now some members of government are being prevented from flying too. After House Speaker Nancy Pelosi asked President Donald Trump to delay his State of the Union address, Trump on Thursday blocked Pelosi from using military aircraft for a bipartisan congressional trip to Afghanistan. In his letter to Pelosi, Trump wrote, “In light of the 800,000 great American workers not receiving pay, I am sure you would agree that postponing this public relations event is totally appropriate. American City Business Journals Daseke, the largest flatbed trucking company in the country, appointed Chris Easter as chief operating officer, the Addison-based company announced Thursday.
Easter has experience with the U.S. Army in logistics roles, Walmart Inc.
(NYSE: WMT) and Schneider National Inc. (NYSE: SNDR).
'I've watched Don and the Daseke team build an exceptional organization focused on flatbed and specialized transportation and logistics, to where Daseke is uniquely positioned and respected in the marketplace,' Easter said in a prepared statement. Zacks Wall Street expects a year-over-year increase in earnings on higher revenues when Norfolk Southern (NSC) reports results for the quarter ended December 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on January 24, 2019, might help the stock move higher if these key numbers are better than expectations. InvestorPlace Immunomedics stock is taking a beating on Friday after receiving a response from the U.S. Food and Drug Administration (FDA) concerning one of its drugs. Immunomedics (NASDAQ:IMMU) notes that it has received a Complete Response Letter from the FDA in response to its request for “accelerated approval of sacituzumab govitecan for the treatment of patients with metastatic triple-negative breast cancer. The bad news here for Immunomedics stock is what a Complete Response Letter from the FDA means.
American City Business Journals Sugar Land-based CVR Energy Inc. (NYSE: CVI) plans to acquire the remainder of its CVR Refining LP (NYSE: CVRR) master limited partnership, according to a Jan. 17 press release. CVR Energy plans to acquire the CVRR common units it doesn't already own for $10.50 each, or approximately $241 million in total, on Jan. 29, per the release.
CVR Energy also entered into an agreement with American Entertainment Properties Corp. And Icahn Enterprises Holdings LP to purchase all of their CVRR common units for a total of approximately $60 million. CVR Energy also plans to enter into a bridge facility to fund the purchase, per the release.