Shares of Fox Factory Holding Corp, makers of high-performance suspension products used on mountain bikes and off-road and all-terrain vehicles, soared more than +17% in Wednesday trading as the company reported record breaking third-quarter earnings. Q3 earnings highlights included: Sales increased 38.0% to $175.8 million compared to $127.4 million in Q3 2017 Gross margin increased 100 bps to 34.4% compared to 33.4% in Q3 2017 Net income attributable to stockholders was $24.3 million, or 13.8% of sales and $0.62 of earnings per diluted share, compared to $16.1 million, or 12.6% of sales and $0.41 of earnings per diluted share of Q3 2017 Non-GAAP adjusted net income was $28.1 million, or $0.72 of adjusted earnings per diluted share, compared to $18.0 million, or $0.46 of adjusted earnings per diluted share in Q3 2017 Adjusted EBITDA was $39.3 million, or 22.4% of sales, compared to $27.0 million, or 21.2% of sales in Q3 2017 Powered Vehicle Group sales grew by 56.6% whe

The newspaper/media giant's stock price climbed by as much as +6.7% to $28.18 on Thursday, the biggest intra-day gain since Feb. 8. It added 203,000 online subscribers in Q3 2018 - the biggest net gain in a quarter since the  Q4 2016 and Q1 of 2017 after the presidential election.What's more, the company experienced a +7% increase in  advertising gains, on the back of a sharp +17% climb in digital advertising. Total revenue rose  +8% in Q3 compared with the same quarter last year.

The Fed’s proposed design is based on broad range of factors including a bank’s asset size, exposure to foreign markets and off-balance sheet activities and other aspects.  Here are some of the highlights of the Fed's new proposed rules, which might be subject to further revisions - Banks with $250 billion to $700 billion in assets could see their required liquidity coverage ratio (i.e.They would continue to face annual stress tests, though. - Institutions holding assets between $100 billion and $250 billion might no longer have to meet regulatory liquidity buffers, and such banks can expect the Fed’s stress tests at a frequency of every two years (versus every year).

According to the monthly report issued by the U.S. Energy Information Administration (EIA), the U.S.’s total output for the month of August stood at record 11.346 million barrels a day compared to Russia’s 11.21 million.With these figures the U.S. now surpasses Russia to claim the title of world’s top oil producer, with the largest year-on-year output increase in U.S. history. U.S.

Undergoing a whole-scale transition under CEO Doug Lawler, Chesapeake Energy surprised the investor community by reporting third quarter earnings a day early and also with the announcement of the acquisition of WildHorse Resource Development Corp (WRD, $21.29), in a deal valued at ~$4 billion. Reporting a 58% y-o-y increase in its adjusted EPS at $0.19 cents a share, Chesapeake registered only a 12% y-o-y decrease in its production costs.The average daily oil production of the company saw a 13% y-o-y increase while the cashflow from operations stood at $504 million, up 52% on a y-o-y basis.

Automobile giant, General Motors, reported better than expected third-quarter earnings on the back of solid sales of highly profitable crew-cab trucks. The company recorded earnings per share of $1.87, compared to expectations of $1.25, with total revenue of $35.79 billion versus the expected $34.85 billion. GM’s CFO Dhivya Suryadevara on Wednesday’s conference call said that GM actually sold fewer vehicles during the third quarter -- but sold them at higher prices.But an average price increase of about $800 per vehicle (to more than $36,000) set a record for transaction prices.

Proteostasis Therapeutics (PTI) is a small-cap company developing small molecule therapeutics to treat cystic fibrosis (CF) and other diseases caused by dysfunctional protein processing.Recently, the company announced positive preliminary results from its ongoing Phase 1 study of combination therapies for CF. Cystic fibrosis (CF) is a progressive, genetic disease that causes persistent lung infections and limits the ability to breathe.

International Business Machines Corporation (IBM) announced that it will buy back $4 billion of its shares from investors, in addition to the previously scheduled $1.4 billion repurchase. The information technology/cloud computing behemoth also mentioned plans to halt share buybacks in 2020 and 2021 to stock up enough cash for its $33 billion acquisition of open-source cloud software firm Red Hat.The acquisition deal, which would be the biggest for IBM so far, might close next year - subject to regulatory & shareholder approvals. Shortly after announcing its Red Hat deal, IBM also confirmed that it will pay out, on December 10, a cash dividend of $1.57 per share.

Over the last five weeks, International Business Machines (NYSE: IBM) has dropped 23% thanks to a disappointing earnings report and the announcement that it is buying cloud-software firm Red Hat (NYSE: RHT).When that bearish phase ended, the stock seemed to find support in the $110 area as the stock bounced around the level for three weeks before reversing upward. Prior to the lows in 2016, you would have to go back to 2010 in order to see IBM trading below the $110 level. At this point, value investors and dividend investors alike have to be looking at IBM.

Continental Resources (CLR) kick started the shale earnings week in an exciting way, by nicely beating analysts’ estimates. Analysts expected CLR to record earnings growth of 800% to 81 cents per share with revenue growth of 66.7% to $1.21 billion.In reality, however, CLR reported an EPS of 90 cents per share with revenue growth by 76% to $1.28 billion.

General Electric’s (GE) share price dropped by ~10% to below $10 a share during Tuesday’s trading day, as its new CEO Larry Culp started the post-earnings conference call. 119 year-old GE’s shares dropped to as low as $9.87 per share on Tuesday, their lowest levels since hitting $9.80 a share in April 2009.The stock was also in-line for its biggest one-day drop since March 2009. GE reported third-quarter earnings and revenue that again missed analyst’s expectations.

British oil giant, British Petroleum, on Tuesday reported that it has more than doubled it’s bottom-line in the third quarter, bolstered by stronger oil prices. With oil prices hitting a four-year high in the last quarter, the company reported a ~300% jump in its revenue from $20 billion to $80.8 billion (£63 billion), compared to the same period in the previous year. The underlying profit of the company for the three month period ending September 30 grew by more than 100%, from $1.86 billion to $3.8 billion, over the three-month period in the previous quarter.The company also declared a dividend of 10.25 cents per share for the third quarter, 2.5% higher than a year earlier. Considering the tensions surrounding the oil markets, owing to the looming U.S. sanctions on Iran (OPEC's third largest oil producer) and the heightened tensions between Washington and Saudi Arabia (the world's biggest oil exporter), BP's estimated outperformance is considered to be a big news

Did Coca-Cola (NYSE:KO) lose ground during the third quarter of this year, amid the ongoing proliferation of healthier eating (and drinking) habits?Perhaps the company’s Q3 results will show something in the middle. READ MORE...

General Electric cuts its quarterly dividends to just a penny per share, from 12 cents. Shareholders were getting  dividends of 24 cents per share  a year ago.Its new CEO Larry Culp has yet to give out a definitive statement publicly on how he plans to turn around the conglomerate’s prospects, particularly of its power-equipment division. Sales from the power business had plunged -33% in Q3. Culp decided to split the power division into two units: the gas product and services groups being one unit, while GE Power’s other segments, including steam, nuclear, grid solutions and power conversion will make up the other unit.

Netflix and Nvidia  dropped by -5% and -6%, respectively. While all eyes would be on Facebook after it reports its earnings after Tuesday’s market close, Wall Street analysts have their expectations at $1.85 adjusted earnings per share on revenue of $13.8 billion (as reported by Bloomberg).On Monday, Facebook shares fell by  -2.2% .  

Walmart is stocking up on technology and brands to encourage customers’ holiday season splurge. Thursday onward, the retail giant will arm store workers with mobile checkout scanners so that shoppers picking big items like TVs, furniture or Christmas trees can pay on spot (i.e., without having to queue up at registers), especially in the busiest sections of the stores/supermarkets. Walmart will also add digital maps on its apps to help customers navigate its store aisles/sections so they can find products more quickly. These technology-driven upgrades intended for a smoother customer experience at its physical stores is critical for Walmart since brick-and-mortar still accounts for the majority of the company's sales, even amidst a booming e-commerce industry. But Walmart is not shying from upping the ante on its digital market either.This year, the firm has already added more than 2,000 brands (including Lord & Taylor and Moosejaw) on its online shoppin

The U.S. is limiting its exports to a Chinese chipmaker as regulators increase scrutiny over potential national security threats. The US Commerce Department announced Monday that it will not allow U.S. companies to sell parts to Chinese semiconductor firm Fujian Jinhua Integrated Circuit Company, unless the latter is able to get a special license to buy an American product. The export restriction apparently stems from U.S. official’s concerns about China getting access to critical components of U.S. military systems.Fujian Jinhua potentially "poses a significant risk of becoming involved in activities that are contrary to the national security interests of the United States," the Department said regarding its latest curb on exports.

The last week of October will likely be extremely busy for shale earnings, as at least 10 energy stocks are scheduled to report their Q3 earning results. The first three to report after market close on Monday are Continental Resources (CLR, $50.18), Diamondback Energy (FANG, 107.71) and Viper Energy Partners (VNOM, $35.06). Although the share price of CLR fell in Monday’s trading, as the crude oil futures sell-off continued, analysts are betting big on CLR.EOG Resources (EOG, $102.04) and Parsley Energy (PE, $23.09) to report on Thursday.

The struggle for GE continues for a major part of 2018, as the company postponed its Q3 2018 earnings call by five days to October 30, 2018 -- largely owing to needing further review of the fair value of all its assets and liabilities, after it came to notice that the goodwill of the power division needs a write-down of ~$23 billion. With profits dropping by nearly 30% in the previous quarter, this $23 billion book entry is another major blow for the company.Market analysts believe the real economic loss for GE may be in the range of $67 billion. The abysmal performance of the power division and the renewable energy division in 2018, coupled with this impairment loss, may make GE's balance sheet look worse compared to its recent past even though there is zero cash loss. 

Oil drilling company Patterson-UTI Energy yet again posted disappointing quarterly numbers despite the oil drilling business growing leaps and bounds in North America. The company provides two of the most essential services for shale drilling - high-specification rigs capable of handling complex shale jobs and pressure pumping services to frack shale wells and make them producing.Despite providing some critical services and being present right at the epicenter of booming shale production, the company’s net loss for Q3 grew by ~600% compared to the previous quarter, whereas the operating loss grew by ~790% during the same period. One of the main reasons for this quarter may have fallen short is the decision to retire 42 of its older legacy rigs and take a $48.4 million impairment charge.