The initial public offering (‘‘IPO’’) deal of the premium industrial metals & minerals giant Vale S.A.’s VALE base-metal minority stake seems to be in hot water; as nickel and copper prices continue to plunge, coupled with lower productivity in 2015. Thirst for Higher Cash Generation Vale encounters threats of stiff rivalry from other mining conglomerates such as BHP…
Two weeks ago we explained why Greek banks, which Greece no longer has any direct control over having handed over the keys to their operations to the ECB as part of Bailout #3’s terms, are a “strong sell” at any price: due to the collapse of the local economy as a result of the velocity of money…
Simon Wren-Lewis takes a look back to the 60s and 70s…”The reason I write about this now is that I’m in the process of finishing a paper on the knowledge transmission mechanism and the 2010 switch to austerity, and I wanted to look back at previous macroeconomic crises.” Robert Waldmann is part of this post. The…
For those who doubted that renewed talks with Greece would move along smoothly, it came as no surprise that the first snag was hit on Friday. Negotiators from the euro zone were to arrive in Athens to begin discussions to normalize talks with Greece’s creditors. The trouble began when a switch was made in the…
Success in the stock market is less about reinventing the wheel and more about repeating what works. There’s no formula out there that is going to work 100% of the time, but there are time-tested strategies that outperform the market year over year. Just by using the Zacks Rank we know that we have consistently…
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five undervalued companies reviewed by ModernGraham trading closest to their 52 week low. Each of these companies has been determined to be suitable for the Enterprising Investor according to the ModernGraham approach. This is a sample of…
Amazon (AMZN – Analyst Report) started breaking out AWS as a separate segment in the first quarter and in just a few months, it’s clear just how important this business is. Going into the quarter, the segment was running at a $6 billion revenue run-rate, but from where we are standing today, it looks like it could…
Wall Street is in the thick of earnings season with Facebook Inc. (FB), Gilead Sciences, Inc. (GILD), Twitter Inc. (TWTR), and LinkedIn Corp. (LNKD) all scheduled to report earnings this week. Here’s what investors need to know before earnings are posted. Facebook: Social media giant Facebook will post second quarter earnings on Wednesday, July 29, after market close. Analysts estimate that the company…
Apple Inc. (AAPL)’s 10-Q filing revealed huge off-balance sheet commitments which suggest that the iPhone 6S launch will break previous records. At the end of the June quarter it was reported that the company had $26.5 billion in off-balance sheet commitments. That figure is a massive increase year-on-year, a fact highlighted by analyst Katy Hubert of Morgan Stanley. Morgan Stanley analyst…
There is very little data scheduled this week with the exception of the U.S. and Australian Dollars. Regarding the USD, this week will see the key monthly event in the Forex news calendar: the FOMC statement, which will be eagerly watched as it is the last chance for the Fed to “warn” the market before…
