Louisiana Pacific (LPX – Snapshot Report) announced earnings in early November, and once again they missed the Zacks Consensus Earnings Estimate. This is the fourth out of the last five quarters that Louisiana Pacific has missed the earnings consensus, with the one standalone only meeting expectations in Q1 2014. The Revenue side has not been much better with…
The XAU/USD pair closed the day slightly lower that opening but remained within the trading range of the previous two days. The precious metal traded as high as $1213.26 an ounce but pulled back to the $1207.70 – 1200 area after the ECB president Mario Draghi said that policy makers discussed buying all assets except…
In the aftermath of the abysmal start to the 2014 holiday selling season, one thing has (or should have) become abundantly clear: America’s middle class, which refuses to lever up to idiotic proportions as the memory of 2007 and the subsequent crash will remain all too vivid for a generation, is dying a painful death,…
Are we about to see U.S. stocks take a significant tumble? If you are looking for a “canary in the coal mine” for the U.S. stock market, just look at high yield bonds. In recent years, almost every single time junk bonds have declined substantially there has been a notable stock market correction as well. …
Black Friday was not only the perfect day for bargain hunting, but it was also the day that the US government debt mountain topped 18,000 billion dollars. In one single day, 32 billion dollars of debt was added to the pile. These are ridiculous numbers, but they are real. Expressed in percentage of GDP, the…
Remember that it’s best to explicitly define what the fundraising milestone strategy is during the seed stage. Image Credit: Funding / Shutterstock Once a startup has raised seed capital, plenty of theories and advice exist on how to successfully raise a Series A. Recently, we looked at our own portfolio at NextView Ventures to dig a little…
Motorcar Parts (MPAA – Snapshot Report), reported their sixth consecutive positive earnings surprise in mid-November. The main driver behind the earnings growth was new business wins for their wheel hub and brake master cylinder business. This Zacks Rank #1 (Strong Buy) company is a leading manufacturer of replacement alternators and starters for imported and domestic cars and…
Investors, as usual, are bombarded with reasons to sell stocks. This means that they are Scared Witless (TM OldProf). Let’s take a deeper look. Short-Term Advice There has been (yet another) sighting of the Hindenburg Omen. I pointed out the flaws of this approach in 2010. Those seeking a higher authority might check out Barry Ritholtz: Hindenburg…
Amidst the din of every pitch man with an opinion on the markets (and these days everybody’s a genius with an opinion) the big picture barometer to global economic contraction moves forward. ‘Yeh but…’ say the pitch men, ‘the USA is fine. You yourself have taken heat for calling the economy strong. What’s your fancy macro chart…
by Pratik Datta and Ajay Shah, ajay shah blog Last week, the Ministry of Finance notified the Depository Receipts Scheme, 2014 (‘2014 Scheme’). This replaces the 1993 Scheme with respect to depository receipts. The key materials on this subject are: The Sahoo Committee Report, which provided the intellectual framework, and drafted the 2014 Scheme. An article about this…
