We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Brexit is a Go, Dow-DuPont Deal Gets EU Approval, & RH and LULU Earnings
Read MoreHide Full Article
(0:30) - Dow-DuPont Merger
(3:35) - Restoration Hardware Earnings
(8:50) - Lululemon Earnings
(13:15) - Brexit: Article 50 invoked
(20:00) - Episode Round Up
On today’s episode of the Zacks Friday Finish Line, Editor Maddy Johnson is joined once again by Zacks Stock Strategist Tracey Ryniec, and together, they take on this week’s biggest stories: British Prime Minister Theresa May’s decision to invoke Article 50 of the Lisbon Treaty, initiating Brexit.
But first, Maddy and Tracey discussed the huge multi-billion-dollar merger between Dow Chemical (DOW - Free Report) and E.I. DuPont De Nemours (DD - Free Report) receiving approval from the European Union after both companies committed to divest major portions of different businesses. The two industry giants plan to focus on agriculture, material science, and the production and sale of specialty products.
Then, the hosts looked at earnings results from two “luxury” retailers: Restoration Hardware (RH - Free Report) and Lululemon (LULU - Free Report) . While each company posted mixed results, guidance played a key factor in both reports, affecting both retailers’ stocks drastically different. How will 2017 play out for the home furnishing giant and the must-have athleisure retailer?
Finally, Maddy and Tracey covered the formal invoking of Article 50 of the Lisbon Treaty, which is the measure necessary for Brexit to happen. This occurred on Wednesday, and from that moment, the U.K. now has two years to work out a deal for exiting the EU, though many believe it could take much longer. For the U.K., triggering Article 50 is the easy part. Negotiating its exit package—including new trading relationships, the bill it has to pay, establishing tariffs, dealing with Scotland and Ireland, etc.—will likely not be so painless.
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to this special edition of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
Which Stocks are Zacks Experts Talking About?
Stocks in today's headlines may be tempting buys, but how would you like a sneak peek at the stocks Zacks experts recommend? Starting today, for the next month, you can follow all of Zacks' private buys and sells in real time.
You can track value and momentum stocks, ETFs, stocks under $10, options moves, insider trades, and stocks set to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trades >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Brexit is a Go, Dow-DuPont Deal Gets EU Approval, & RH and LULU Earnings
On today’s episode of the Zacks Friday Finish Line, Editor Maddy Johnson is joined once again by Zacks Stock Strategist Tracey Ryniec, and together, they take on this week’s biggest stories: British Prime Minister Theresa May’s decision to invoke Article 50 of the Lisbon Treaty, initiating Brexit.
But first, Maddy and Tracey discussed the huge multi-billion-dollar merger between Dow Chemical (DOW - Free Report) and E.I. DuPont De Nemours (DD - Free Report) receiving approval from the European Union after both companies committed to divest major portions of different businesses. The two industry giants plan to focus on agriculture, material science, and the production and sale of specialty products.
Read more here: Dow-DuPont Merger Finally Gains EU Approval
Then, the hosts looked at earnings results from two “luxury” retailers: Restoration Hardware (RH - Free Report) and Lululemon (LULU - Free Report) . While each company posted mixed results, guidance played a key factor in both reports, affecting both retailers’ stocks drastically different. How will 2017 play out for the home furnishing giant and the must-have athleisure retailer?
Get the full scoop here: Restoration Hardware Stock Surges 15% on Promising Guidance and Lululemon Plunges on Q4 Earnings Miss & Bleak Q1 View
Finally, Maddy and Tracey covered the formal invoking of Article 50 of the Lisbon Treaty, which is the measure necessary for Brexit to happen. This occurred on Wednesday, and from that moment, the U.K. now has two years to work out a deal for exiting the EU, though many believe it could take much longer. For the U.K., triggering Article 50 is the easy part. Negotiating its exit package—including new trading relationships, the bill it has to pay, establishing tariffs, dealing with Scotland and Ireland, etc.—will likely not be so painless.
Find out more here: 4 Brexit Questions Answered As UK Triggers Article 50
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to this special edition of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
Which Stocks are Zacks Experts Talking About?
Stocks in today's headlines may be tempting buys, but how would you like a sneak peek at the stocks Zacks experts recommend? Starting today, for the next month, you can follow all of Zacks' private buys and sells in real time.
You can track value and momentum stocks, ETFs, stocks under $10, options moves, insider trades, and stocks set to report positive earnings surprises (we've called them with 80%+ accuracy). Click here for all Zacks trades >>