Diamonds and Dogs

7/23/18

The force is with Hasbro (HAS). U.S. toymaker is jumping 13% not far from a 52-week high following better than expected earnings thanks to Star Wars and Marvel toy sales. The sales boost is helping Hasbro recover from lost ground and sales from the Toys 'R' Us bankruptcy last year.

Halliburton (HAL) is sinking today down 8% not far from a 52-week low after missing earnings and disappointing guidance. Sales did grow 24% to $6.15 billion ahead of estimates. One analyst commented the flat earnings guidance implies over 10% downside to third quarter EBITDA estimates. Halliburton did mention softness in Marcellus and potential headwind in Permian basin.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.