Cramer is seeing troublesome developments all over the market. "We have to face some facts here," he said.» Read More
LANCASTER, Pa. _ Armstrong World Industries Inc. on Monday reported net income of $31.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. Armstrong World Industries expects full-year earnings in the range of $2 to $2.15 per share, with revenue in the range of $2.68 billion...
Up 28% ytd, Goldman Sachs just told clients to rotate out of this stock. Cramer says, ‘don’t listen.’
The "Fast Money" traders share their final trades of the day.
As earnings season hits halftime, there are three themes emerging.
One problem with stocks at new highs: Corporate buybacks have been dropping, hitting an eight-month low last week, according to TrimTabs.
--Abiomed Inc rescheduled second-quarter conference call to Nov. 1 at 8 am Eastern Time. --Accelrys Inc rescheduled third-quarter results to Oct. 31, after market. Its conference call will be held on Nov. 1, 9.30 am Eastern Time.
--Acorda Therapeutics Inc: rescheduled third-quarter financial results and conference call to Oct. 31 from Oct. 30. --Advent Software Inc reschedules third-quarter results and conference call to Oct. 30. --AGCO Corp rescheduled third-quarter results to Oct 31, 8 am Eastern Time from Oct. 30.
Matthew Espe, Armstrong World Industries CEO, discusses the growth in remodeling for both commercial and residential construction, and a look at the slowly improving housing market.