In 2013, they were given the ability to save money and earn interest on the balances stored on their accounts. Mortgage rates dipped to another all-time low in the week ending 22nd October. For the last reported quarter, it was expected that Canadian Natural Resources would post earnings of $0.60 per share when it actually produced earnings of $0.79, delivering a surprise of +31.67%. Still, the overall trade balance has soared to a record $84 billion in August as U.S. importers shifted to imports from Vietnam, Mexico, and other countries. The retaliatory tariffs by China on the U.S. exports reduced domestic factory jobs by 0.7%.According to Peterson Institute for International Economics trade expert Chad Bown, President Trump is not the first to use tariffs to protect industries, but this is the biggest use of tariffs since the Great Depression.Image Courtesy: WikimediaSee more from Benzinga * Click here for options trades from Benzinga * European Markets Today: Indices Plunge On Fears Of New COVID-19 Restrictions Hurting Economy * AstraZeneca COVID-19 Vaccine Data Shows Promising Signs In Older Age Group: FT(C) 2020 Benzinga.com. The firm then started offering credit to small businesses, branching out from its consumer-finance focus, and eventually expanded to services such as block chain, cloud computing and artificial intelligence.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more than six years in hospital following a heart attack, the company said. larger fiscal stimulus/infrastructure) but also negative catalysts (i.e. The stock is selling for $12.56, and the average price target of $13.25 suggests a modest gain of 5%. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. A conference call will be held at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time on Thursday, November 5, 2020. A San Francisco judge refused to pause her September order blocking Trump’s ban on Tencent Holdings Ltd.’s WeChat.Carlyle Group is nearing an agreement to acquire Siemens AG’s Flender mechanical drive unit for about $2.4 billion, according to people familiar. Alternative energy and green-tech stocks in the Biden basket, for instance, have outperformed traditional energy and fossil fuel companies, among the top winners from Trump’s victory, by 84 percentage points since June, data compiled by JPMorgan show.Earlier: Barclays Sees VIX Plunging to Pre-Covid Level in Clear Biden WinFutures on the S&P 500 Index are trading 1% lower following losses in Europe’s Stoxx 600 Index and a dip in the Shanghai Composite Index on the first day Communist Party’s four-day meeting. “The company invested a healthy $36M during the [second] quarter, which included some higher yielding and more attractive securities, which drove the sequential increase in net investment income… Given a strong quarter of investing, particularly into attractive yielding securities, net investment income stepped up solidly in 2Q20. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). All rights reserved. Duration 41:28. CONFERENCE CALL. The Inspire Brands team looks to be nearing its latest big buy, Dunkin' Brands. The company focuses its investment activity on capital preservation and current income generation, committing to returning profits to shareholders. (To watch Hecht’s track record, click here. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). Samsung’s billionaire chairman Lee Kun-hee, who made the South Korean company a global powerhouse, has died at 78. Revenues are expected to be $4.55 billion, up 62.3% from the year-ago quarter. Moving forward, given the strong 2H20 outlook for deployment, we believe it is likely that net investment income will continue to move higher… BANX continues to more than cover its current quarterly dividend of $0.38, and we believe this will continue to be the case in the coming quarters,” Ryan opined. This list contains references to announcements for TYPO3 versions that reached their end-of-life (EOL) and are not maintained by the community any further. He rates BANX an Outperform (i.e. The content is intended to be used for informational purposes only. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. He owes his trading success to these strategies. Release Date January 1, 2007. All rights reserved, Canadian Natural Resources Limited Announces 2020 Second Quarter Results. So, this combination indicates that Canadian Natural Resources will most likely beat the consensus EPS estimate. Canadian Natural Resources Limited (TSX-CNQ / NYSE-CNQ) will be issuing its 2020 Third Quarter Earnings Results, Thursday, November 5, 2020 before market open. While a number of traders have come to consider a Democratic sweep followed by a prompt fiscal deal among bullish scenarios for the equity market, Lakos-Bujas disagrees, seeing Trump’s victory as the most favorable outcome.“A ‘Blue Sweep’ scenario is expected to be mostly neutral in the short term,” JPMorgan’s strategists including Lakos-Bujas said in a report dated Friday. For Canadian Natural Resources, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. Annaly Capital Management (NLY)The first name on the list from JMP is Annaly Capital Management. The TipRanks database sheds some additional light on three of JMP’s picks – stocks with dividends yielding 7% or better – and that the investment firm sees with 20% upside or better. “60 Minutes” finally aired the interview that Donald Trump cut short on Sunday night. West Natural Gas Region; East Natural Gas Region; North America Crude Oil & NGLs. The TYPO3 v9 LTS version will be fully supported for 1.5 years, and will be supported with security and critical fixes until October 2021. Today, you can download 7 Best Stocks for the Next 30 Days. This bodes well for the company, as it does not have to carry and maintain empty or non-paying units.Also on a positive note, BRT kept up its dividend payment. AllMusic Rating. Q2 revenues came in at $979 million, with EPS, at 27 cents, beating the 23-cent forecast. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. While investors are obsessed with Tesla's surge, legendary investor Whitney Tilson says an even bigger EV story will provide the highest gains. SAP stock tumbled on Monday after the software maker slashed this year's revenue forecast and warned that the coronavirus emergency would hurt business in 2021. Shares are down 9.1% since reporting last quarter. Harry Markopolos is the former derivatives professional turned independent financial fraud investigator who uncovered the $65 billion Bernie Madoff Ponzi scheme, only to be ignored by the SEC for over nine years. Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. How Have the Numbers Shaped Up for Canadian Natural Resources? Watch BA, LMT and RTX for a move.Watch KO after Barron’s says the beverage company is an under-appreciated post-pandemic reopening play.Your 64-Hour ICYMI:France set a record for new Covid cases, while Spain’s be Italy announced new restrictions. Shares down 14% from a peak hit earlier this month, but “this issue will ultimately have limited business impact to the company,” wrote analyst Glenn Schorr. This figure suggests a 20% upside potential from current levels. It is very important to do your own analysis before making any investment. Market fluctuations since early September have analysts and investors both taking a closer look at defensive plays.The research analysts at JMP Securities have been searching the markets for the ‘right’ buys, and their picks bear a closer look. Past performance is not indicative of future results. It’s important to note that Annaly has beaten the earnings forecast in each of the past three quarters.Turning to the dividend, Annaly has remained a reliable dividend payer over the past several years, with a history of adjusting the payment to keep it sustainable. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Get prepared with the key expectations. Hyundai, the world's fifth-biggest automaker when combined with affiliate Kia Motors Corp, reported a net loss of 336 billion won ($297.72 million). Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. Looking ahead, the forecast is a 26-cent EPS for Q3. The Dow Jones dived 700 points Monday morning, hurt by surging coronavirus cases in the U.S. and a profit and sales warning from SAP. Ryan’s is the only recent review on record for this stock, which is currently selling for $18.15. Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. On the other hand, if they miss, the stock may move lower. After four straight increases, home sales are down unexpectedly. The company’s net asset value rose to $20.27 per share at the close of the quarter; that figure was $20.93 by September 30.BANX paid out a 38-cent quarterly dividend in Q2, a payment which the company has held up reliably – with one blip upwards in December 2018 – for the past three years. The company inhabits the mortgage-backed security niche, with $104 billion in total assets, primarily mortgage securities backed by Freddie Mac and Fannie Mae. The figure, some 300 points above his base-case target for year-end, implies a 12.5% advance from the gauge’s Friday close. The company could raise another $5.2 billion if it exercises its green shoe options, taking its market value to about $320 billion. Near-term uncertainty has remained elevated, with the Cboe Volatility Index stuck near a 30 level for weeks now, likely reflecting concern that sectors of the economy and markets that the candidates have referenced the most could see some wild swings post-election.A quick look at the top constituents of a Biden and Trump baskets of stocks created by JPMorgan, which bet on potential winners from either Democrats or Republicans taking control of Washington, shows the stakes are sky-high. In 2014 we decided to take a much more agile approach to releases than before. Chairman Eric Jing’s holding is worth $3.1 billion.Ant is set to raise almost $35 billion, beating Saudi Aramco’s $29 billion sale last year. Corporate Profile; Our History; Our Business Approach; Management; Board of Directors; Governance; Code of Conduct and Human Rights; Operations. About CNQ. Canadian Natural Resources appears a compelling earnings-beat candidate. Over the last four quarters, the company has beaten consensus EPS estimates two times. At $1.52 annually, the dividend yields an impressive 8%.5-star analyst Devin Ryan covers this stock for JMP, and he likes what he sees. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

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