Beyond Meat, the California-based manufacturer of plant-based meat substitutes, expects its initial public offering to range between $19-$21 per share, triggering an estimate raise of $183.8 million through the IPO.This will give the company a market value of $1.21 billion. Proceeds from the IPO, for which it had filed the paperwork at the end of March, will go into investing in current and additional manufacturing facilities, research and development, sales and marketing, working capital and other general corporate purposes. The number of Americans choosing vegan or vegetarian diets has stagnated over the last decade, but more people are now opting ‘flexitarian’ diets, accounting for nearly 40% of the population embracing more plant-based foods as substitutes for real meat.

America’s No.3 wireless carrier, T-Mobile’s latest foray into a new banking product may be a solution for 8.4 million ‘unbanked’ households -- the 6.5% of the American population who not have access to a checking or a savings account. T-Mobile Money is offering a new checking account to customers, especially those with post-paid subscriptions, which could eliminate over-drafting concerns that tag with traditional bank accounts.The service, available to anyone and not just its customers, will allow customers to go up to $50 in the red without incurring penalties as long as the account balance is positive within 30 days.

Procter & Gamble beat  earnings estimates for the latest quarter, and raised its outlook on full-year sales. The consumer staples giant reported earnings of $1.06 per share for the three months ended March, surpassing the Street’s  expectations by 2 cents.The figure is +6% higher compared to the year-ago quarter. Total revenue increased +1.22% year-over-year to $16.5 billion, while beating analysts’ estimates of $16.37 billion. Procter & Gamble revised its forecast for the full year organic sales growth to around 4%, compared to a prior forecast of between 2% and 4%. The company plans to distribute over $7 billion in dividends this year, in addition to buying back around $5 billion in shares.

Procter & Gamble Co’s quarterly revenue and profit beat Wall Street estimates, boosted by higher prices and more demand for its premium fabric care and beauty products.  For the third quarter, P&G posted a 5% rise in organic sales, a heavily watched metric that excludes the impact of acquisitions, divestitures and currency effects.Net income attributable to the company rose to $2.75 billion, or $1.04 per share, in the quarter ended March 31, from $2.51 billion, or 95 cents per share, a year earlier. Excluding items, the company earned $1.06 per share, beating the average analyst estimate of $1.03 per share.

Coca-Cola Co beat estimates for quarterly sales and profit, as it sold more water and soft drinks, including its soda and Coke Zero. Revenue rose 5% to $8.02 billion, and the company earned 48 cents per share on an adjusted basis. Analysts had forecast earnings of 46 cents per share on revenue of $7.88 billion, according to Refinitiv IBES.  Net income attributable to the company rose to $1.68 billion, or 39 cents per share, in the first quarter ended March 29 from $1.37 billion, or 32 cents per share, a year earlier.

U.S.home sales fell more than expected in March as rising demand stoked by declining mortgage rates and slowing house price inflation continued to be frustrated by a lack of properties, especially in the lower-priced segment of the market. Read more...

Chevron’s primary purpose in paying $50 billion to acquire Anadarko is to boost its upstream oil and gas business, especially in the fast-growing Permian Basin.With a storage capacity of about 2.6 million barrels of products, these assets help Chevron’s upstream and downstream operations by moving hydrocarbons from production basins to end users. Anadarko, with its 55% stake in Western Midstream, has highlighted these assets over the years leading the company to form a master limited partnership (MLP) more than a decade ago to drive midstream growth.

Oil prices were near 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Read More...

Chinese internet company Momo Inc. (Nasdaq: MOMO) has been rallying sharply since the beginning of 2019, but it saw a little pullback in the last few weeks.The indicators made a bullish crossover on April 22 and that could be another good sign for the stock. The Tickeron AI Trend Prediction tool generated a bullish signal for Momo on April 18 and that signal calls for a gain of at least 4% in the next month.

China’s Luckin Coffee on Monday filed for an initial public offering with the U.S. Securities and Exchange Commission. Read More...

Brazilian oil and gas exploration company Petrobras (NYSE: PBR) generated a bullish signal on the Tickeron AI Trend Prediction tool on April 18 and that signal had a very high confidence level at 85%.Past predictions on Petrobras have been successful 69% of the time and this signal calls for a gain of at least 4% over the coming month. The chart for Petrobras shows that the stock has been trending higher since last September with a trend channel guiding the stock through the different cycles within the overall upward trend.

The stock got very close to the line in February as well. The trend line is in close proximity to the 50-day moving average at this point and that could make it twice as hard for the stock to move back up. The company is set to report earnings on April 24 and that is a potential driver that could get the stock out of its downtrend, but that would be asking a lot.Over the last three years, Tesla has continued to lose money and that means it doesn’t really have a return on equity and its profit margin is -1.2%.

Analysts expect the company to report earnings of $0.87 per share and that would match the earnings from the first quarter of 2018. Intel has seen earnings grow by an average of 24% per year over the last three years and they grew by 19% in the fourth quarter.The expectation for the first quarter is for sales to be flat. The management efficiency measurements for Intel are really good with a return on equity of 30% and a profit margin of 34.1%. The stock itself has been doing extremely well since the beginning of the year, gaining over 20%.

Investment banking giant Goldman Sachs (NYSE: GS) reported first-quarter earnings results on Monday and the results were a disappointment to investors.Analysts were expecting the company to earn $4.74 per share on revenue of $8.97 billion. The stock fell 3.82% on the day as investors processed the information.

Oil equipment manufacturer National Oilwell Varco (NYSE: NOV) is scheduled to report first quarter earnings on Thursday, April 25.Analysts expect the company to report a loss of $0.01 per share for the quarter after reporting a loss of $0.21 per share in the first quarter of 2018. The chart shows that the stock fell 8.39% on April 12 after it had moved in to overbought territory based on the 10-day RSI and the daily stochastic readings.

Have you ever wanted to build a ‘test portfolio,’ so you could make investments and trades and monitor your performance but not have real money involved?This free webinar will show you how to create and monitor an investment portfolio on tickeron.com, using Tickeron’s A.I.

The New York Times launched an investigation into a Boeing manufacturing facility at North Charleston, South Carolina -- and the findings are alarming.Following interviews with dozens of current and past employees, as well as reviewing hundreds of corporate documents, the report reveals that this manufacturing facility has been prioritizing production speed over quality -- thereby creating potential safety hazards. Boeing workers had filed numerous complaints with the federal government regarding poor manufacturing processes, tools and debris being left on plane, installation of faulty parts in planes at the facility, undertaking test flights with engine or tail compromised, and pressure on the employees not report regulatory violations to authorities. Boeing has denied such allegations claiming that the facility is committed to producing top-quality Dreamliners.

Oil prices surged about 3% at midday on Monday, hitting fresh 2019 highs, after the Trump administration announced that all oil buyers will have to end imports from Iran in just over a week or be subject to U.S. sanctions. Read More...

It earned it earned $7.58 million in net income last year with revenue surging to 118% to $330.5. Analysts believe that with these figures, Zoom could become the benchmark for videoconferencing.It generated rapid growth with both cash and GAAP profitability as well as enterprise traction. At its opening price, Zoom is priced at more than 50 times its enterprise value, the highest multiple by far for U.S. software companies.

Since the collaboration with Tencent, the shares of Japanese gaming giant Nintendo’s shares surged as high as 30% following regulators’ approval to release Nintendo’s Switch and the game “New Super Mario Bros. U Deluxe” in China. Nintendo’s foray into the world’s largest gaming market has been much aniticipated by the investors who think its collaboration with Tencent is a welcome step.Each game needs to be submitted for approval in the country to check content regulation compliance. But Chinese customers have typically favoured computer and mobile games over consoles.