With the fall in oil prices I find the relevance of U.S. shale company defaults will grow leading to a panic in junk bonds and bank balance sheets. What goes up – must come down. Thoughts of a Speculator: Turn of the Tide? The question seems more prominent now than ever: do investors ever learn…
AT&T (T) and Pandora Media, Inc. (NYSE:P) Media released their latest earnings reports after closing bell tonight. AT&T posted adjusted earnings of 69 cents per share on revenue of $33.0 billion, a 1.4% year over year increase. Analysts had been expecting earnings of 63 cents per share on $33.04 billion in revenue. In the same…
Starbucks (SBUX – Analyst Report) is easily the most recognizable name in the coffee industry, as it has expanded into almost all parts of the U.S. in addition to portions of the international market. The company has been incredibly successful in its business of purchasing and roasting high-quality whole bean coffees that are sold along with Italian-style espresso…
“The world is a tragedy for those who feel and a comedy for those who think.” Taylor Caldwell, Captains and the Kings It looks like equities are getting set up for another ‘big short.’ It is not quite clear whether we are at full apogee or not yet. If the international situation clears up, there is…
I don’t mean the meaning of life, the universe and everything. I mean why are we in the gold market? This week and especially today, I have seen so many emails, messages, and articles with the same theme. “Woe is me.” Seriously? The price of gold dropped $100 in a couple of months, and it’s like…
Amazon.com, Inc. (NASDAQ:AMZN) released its earnings report for its second fiscal quarter after closing bell tonight, posting earnings of 19 cents per share on revenue of $23.18 billion. Analysts had been expecting losses of 13 cents per share on $22.39 billion in revenue, a 20% increase year over year. In the same quarter last year, Amazon…
Visa (V – Analyst Report) operates in the financial transaction services industry. Through its electronic payments system, it is able to facilitate global commerce. Shares of Visa went down 1% heading into its earnings report. This company has not seen any estimate revisions made for the third quarter in the last 60 days. …
The Chicago Fed’s National Activity Index, which we reported on earlier today, is based on 85 economic indicators drawn from four broad categories of data: Production and Income Employment, Unemployment, and Hours Personal Consumption and Housing Sales, Orders, and Inventories The complete list is available here in PDF format. In today’s Chicago Fed update, we learned that “three…
U.S. equities continue to trade like a risk-free money market. Over the past seven months, the range (from high to low) in the Dow Jones Industrial Average has been among the smallest in history. This behavior has been comforting to most investors as they tend to equate low volatility with low risk. Additionally, every time there…
