Stellar Biotechnologies Inc SBOT 27.5% shares jumped 105 percent to $2.46 after the company reported a share exchange deal with Edesa Biotech. READ MORE...

Vail Resorts beat second quarter earnings and revenue estimates, causing its shares to jump more than +8% Friday. The mountain resort company reported net income of $5.02 per share, which edged past Wall Street analysts’ estimates of $4.83 per share.Its revenue of $850 million was higher than analysts’ expectations of $842 million for the quarter. The company experienced a +27% year-over-year surge in skier visitation, while lodging revenue increased +16.1%.  Vail said that it would be boosting its quarterly dividend by +20% to $1.76 per share, payable April 11, to shareholders of record on March 27.  However, the company lowered its projection for the full-year EBITDA to a range of $690 million to $710 million, compared to its previous guidance range of $718 million to $750 million.   It had weaker-than-expected destination guest visitation during the pre-holiday period.

Rosetta Stone shares surged to record highs on Thursday, after the company released its latest quarterly earnings report. Although the education software company incurred a loss of -19 cents per share for the three months ending in December, it was much narrower than analysts’ estimate of -38 cents loss per share. For the full-year, Rosetta forecasts a loss of around -$15 million, but expects revenue to jump  +10%  to $191 million.Some analysts also seemed to praise the company’s strategy of transitioning from software sales to a subscription-based revenue model.

Anheuser-Busch (AB InBev) shares took a hit, after RBC analysts downgraded the stock to sector perform from its highest rating. RBC analyst James Edwardes Jones indicated that dimmed outlook on the beverage company’s profit margin growth coupled with its stock valuation nearing RBC price target propelled the analysts to lower the rating.But Jones did appreciate the maker of Budweiser as "the best acquirer and integrator of businesses that we know" , despite his concerns on AB InBev’s potentially limited room for steady growth in margin. RBC has $84.81 price target on AB InBev.

Kroger disappointed on earnings for the latest quarter reported, and put forward a guidance weaker than anticipated. The supermarket chain raked in adjusted earnings of 48 cents per share for the three months ending in January, falling short of analysts’ expectations of 44 cents per share.The earnings-per-share was also lower than the year-ago quarter’s figure, by more than -11%. Group sales of the company declined -11% year-over-year to $28.1 billion in the quarter, missing the Street consensus expectation of $23.38 billion. Looking ahead, Kroger expects full year 2019 earnings to be in the range of $2.15 to $2.25 per share, which is below analysts' estimate of $2.26 per share (based on Refinitiv data). However, CEO Rodney McMullen sounded optimistic, as he emphasized, "Kroger solidly delivered on what we set out to do in 2018, which was an investment year that laid the groundwork for us to achieve our 2020 Restock Kroger targets including financials.” He

Citi analyst Christian Wetherbee mentioned “slower International trends and ongoing profit headwinds from the TNT integration, as well as somewhat lower profit growth at Freight” as factors behind the target cut.FedEx acquired TNT for $4.8 billion in 2016. Wetherbee also pared down his estimate for FedEx's  third quarter earnings to $3.05 per share, well below the Street consensus of $3.28 per share.

Reporting a sharper loss and a weaker guidance than expected, Eventbrite saw its shares tumble in extended trading Thursday. The online ticketing and event management company incurred a loss of -17 cents a share in the fourth quarter, wider than a loss of -13 cents a share estimated by analysts surveyed by FactSet.Analysts’ expected $73.2 million. The company projects its first quarter net revenue to come in the range of $80 million to $84 million, below analyst forecasts of $91.3 million (based on FactSet survey of analysts). Eventbrite lost more than -20% in after-hourrs trading Thursday.

The company doesn’t have the best fundamental indicators, but stock moved sharply higher since the December low before pulling back in the last few weeks. We see on the daily chart that the stock gained over 50% from its low through the high on February 21.The indicators did make a bullish crossover on March 7 and that could be a good sign for the stock. The Tickeron AI Trend Prediction tool generated a bullish signal on March 6 and that signal calls for a gain of at least 4% over the next month.

I wrote about Teck Resources (NYSE: TECK) just a few weeks ago on February 19.The mining company had hit the lower rail of an upward sloped trend channel and the Tickeron AI Trend Prediction tool had just generated a bullish signal on the stock. The stock had closed at $22 when I wrote that article and it proceeded to jump up to a high of $23.83 on February 25.

The euro fell sharply against the dollar Thursday after the European Central Bank (ECB) unveiled a series of market-friendly policies amid a slew of rising risks.READ MORE...

The White House is hosting members of the newly formed “American workforce policy advisory board” for its first meeting on Wednesday afternoon. The board consists of 25 executives state and local officials and representatives from various universities.The CEOs of Apple, Siemens USA, IBM, Visa, Home Depot, Lockheed Martin and Walmart are some of the high profile business leaders on the panel. Commerce Secretary Wilbur Ross and Ivanka Trump, the president’s daughter and advisor, lead the advisory board.

The U.S. Food and Drug Administration is approving Johnson & Johnson's nasal spray anti-depressant for people resistant to other treatments.The approval of nasal spray "esketamine" is the first new type of treatment for depression in more than 30 years and has raised hopes for its relatively fast action and ability to treat some otherwise unreachable patients. “Spravato has the potential to change the treatment paradigm and offer new hope to the estimated one-third of people with major depressive disorder who have not responded to existing therapies,” said Mathai Mammen, global head of J&J’s Janssen Research & Development. The treatment carries the FDA’s harshest warning telling users of the risk for sedation and difficulty with attention, judgment and thinking, abuse and misuse, and suicidal thoughts after administration of the drug.

Dallas-based airline Southwest Airlines has been losing millions per week as flights continue to get cancelled, as maintenance issues owing to a feud with the mechanics’ union is resulting in an increased number of out-of-service jets. Recently, the airline sued the union over allegations that they are encouraging members to purposefully write-up minor maintenance issues to keep jets out of service in order to gain leverage in contract talks, which began more than six years ago. The union, however, denied such allegations. Previously, the airline has announced operational emergencies at several of its maintenance bases, giving an ultimatum to the mechanics to either show up at work or to lose their jobs. On Tuesday, 89 Southwest flights were cancelled, nearly 2% of its schedule, according to flight-tracking site FlightAware.In comparison, JetBlue (JBLU) had 12 cancelled flights and United (UAL) had eight.

Minneapolis-based retailer, Target, delivered estimate-beating earnings during the critical holiday period or the fiscal fourth quarter, resulting its shares surging by 4% on Tuesday.The retailer’s in-house brands and easy delivery options are factors that helped the company drive sales and helped it achieve considerable same-store sales growth. The company’s adjusted EPS for the quarter stood at $1.53 versus an estimate of $1.52; revenue came at $22.98 billion versus an estimate of $22.96 billion; and same store sales growth rose by 5.3% versus an expected 5.1%. On an unadjusted basis, net income fell 26.5% to $799 million or $1.52 a share, compared to $1.1 billion, or $1.99 a share, the period the previous year.

In a meeting with a J.P. Morgan Chase (JPM) analyst on Tuesday, the CEO of General Electric, Larry Culp, said that the company’s free cash flow – money left over after a company pays for operating expenses and capital spending – will be negative in 2019.After Culp’s comments, GE’s shares plunged nearly 4.7% to end the day at $9.89. Free cash flow is often an indicator of a company's operating efficiency and as such is closely watched by investors. The company generated ~$4.5 billion of free cash flow last year, but if it’s going negative from there, that means it is struggling with a few pressing issues.

Intel (NASDAQ: INTC) has another major security issue on its hands, according to The Register citing a new research paper from the Worcester Polytechnic Institute and the University of Lübeck. Read More...

President Donald Trump, the self-proclaimed Tariff Man, is set to become the $100 Billion Man. Read More...

Oil prices fell nearly 1 percent on Wednesday as bullish output forecasts by two big U.S. producers and a build in U.S. crude stockpiles outweighed ongoing OPEC-led efforts to rein in crude production. Read More...

The Direxion Daily Gold Miners Index Bull 3x Shares (NYSE: NUGT) has been trending higher since September, but the fund has really seen the trend become more apparent since November.It then proceeded to dip back down a little to its 50-day moving average and what has become the lower rail of an upward sloped trend channel. The daily stochastic readings reached oversold territory in January and then turned higher.

The daily stochastic readings are close to overbought territory and did just perform a bearish crossover. The Tickeron AI Prediction tool generated a bearish signal on Fossil on March 1.The prediction had a confidence level of 70% and previous predictions have been correct 75% of the time. Fossil’s fundamentals are somewhat mixed.