whytestocks
4 years ago
NEWS: $TRP Wherever the Market Goes, I'm Buying These Top TSX Stocks
The market kept soaring, while the financial media continued to shout about an impending crash. If you are looking for all-weather stocks that would stay solid, even during the market weakness, this article is for you. Here are three Canadian giants to bet on, irrespective of the market dir...
Got this from TRP - Wherever the Market Goes, I'm Buying These Top TSX Stocks
TFMG
6 years ago
$TRP Reversal trade looks appealing, selling is overdone.
Post earnings the stock of NYSE:TPR spiked higher but it was short lived, losing 23% from that high, China is the obvious problem for Tapestry as tariffs are going to take a large bite out of earnings . As the rhetoric became more and more negative between the USA and China retailers have witnessed drastic declines in their share price. Since the earnings report the company has announced the arrival of a new COO formerly of VFC and it is notable that one of the company directors bought a sizeable chunk of stock in May also. Indicators on the chart are pointing to a recovery and have taken a much more bullish setup.
AVERAGE ANALYSTS PRICE TARGET $43.37
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO 12.48
COMPANY PROFILE
Tapestry, Inc. engages in the provision of luxury accessories and lifestyle brands. It operates through the following segments:Coach, Kate Spade, and Stuart Weitzman. The Coach segment consists global sales of coach brand products to customers through coach operated stores, including the internet and concession shop-in-shops, and sales to wholesale customers, and through independent third party distributors. The Kate Spade segment focuses in the kate spade new york brand products to customers through Kate Spade operated stores. The Stuart Weitzman segment comprises Stuart Weitzman brand products primarily through Stuart Weitzman operated stores. The company was founded by Dawn Hughes in 1941 and is headquartered in New York , NY.
whytestocks
6 years ago
News: $TRP TransCanada to Issue Fourth Quarter Results February 14
CALGARY, Alberta, Jan. 24, 2019 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) will hold a teleconference and webcast on Thursday, February 14, 2019 to discuss its fourth quarter 2018 financial results. Russ Girling, TransCanada president...
Got this from https://marketwirenews.com/news-releases/transcanada-to-issue-fourth-quarter-results-february-14-7549496.html
l_winthorpe
7 years ago
I agree! I remember laughing to myself when listening to the arguments against Keystone XL. I thought to myself, "So, you [the protesters] would rather have old, outdated pipelines instead of a new, state of the art pipeline?"
To add to your point, the Keystone XL will not increase oil consumption, but rather make current consumption safer and less expensive to transport. Conveniently, I don't think I saw those points mentioned in the news.
benfrankledger
7 years ago
$TRP - After nearly a decade, two presidential decisions, lawsuits and environmental protests, TransCanada (NYSE:TRP) will learn today whether it will receive the final state permit needed from Nebraska to build the Keystone XL pipeline.
The proposed 1,179-mile, $8B project will link Canada's oil sands to U.S. refineries and comes days after TransCanada's existing Keystone system spilled 5,000 barrels in South Dakota.
eFinanceMarkets
8 years ago
Report: State Department to approve Keystone pipeline permit
The Trump administration will approve TransCanada's (TRP +1.1%) Keystone XL oil pipeline by Monday, reversing former Pres. Obamaโs controversial decision, Politico reports.
The undersecretary for political affairs plans to sign the pipelineโs cross-border permit on or before Monday, the last day for the 60-day timeline that Pres. Donald Trump ordered in January, according to the report.
While the permit will eliminate a crucial barrier for the pipeline, other hurdles still remain, including winning approval for the project in Nebraska and from landowners there who have denied it the right of way.