by Dimitris Sotiropoulos, The Conversation The Greek government was forced into accepting a third bailout under very difficult circumstances on July 13. The dramatic euro summit of July 12 lasted 17 hours before a new bailout package of €86 billion was agreed by eurozone prime ministers. Conditional on a new recessionary policy mix, negotiations are now underway to determine…
by Dimitris Sotiropoulos, The Conversation The Greek government was forced into accepting a third bailout under very difficult circumstances on July 13. The dramatic euro summit of July 12 lasted 17 hours before a new bailout package of €86 billion was agreed by eurozone prime ministers. Conditional on a new recessionary policy mix, negotiations are now underway to determine…
South Koreans have embarked on a gold buying spree. Residents of the Asian country are on pace to purchase a record amount of gold in 2015. By year’s end, total sales will likely top 1 trillion won ($860 million) based on first-half sales through Korea Gold Exchange 3M Co Ltd, the country’s largest gold merchant….
One of the media’s biggest financial stories this week involves the curious fall of Apple (AAPL). Specifically, the largest company in the world by market capitalization has entered correction territory – a 10%-plus fall from a high-water mark. Not surprisingly, few analysts have soured on shares of the culture changer. Even fewer are discussing the technical…
Last week’s piece on “Double Nets”, or companies trading at between 1 and 2 times net current asset value (NCAV) featured Ingram Micro (IM) as the largest of the cheapies utilizing this homegrown method designed to identify potentially cheap companies. Last Friday’s 12% move in Ingram, following a better-than-expected earnings report, and the initiation of a…
(Photo Credit: jon-e) Activision Blizzard (ATVI) will report its FQ2 ’15 results this afternoon. Wall Street EPS estimates are set at $0.09 and revenue at $666.02M. The Estimize EPS consensus of $0.11 and revenue forecast of $675.84M present slightly more bullish numbers than that of the Street. Activision Blizzard has performed very well year-to-date (YTD) with a…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. To profit in the current oil and gas space, investors have to move down the food chain to find “unusual bargains,” says Randall Abramson, CEO and portfolio manager with Toronto-based Trapeze Asset Management….
Digital Realty (NYSE:DLR) is a core position in my Durable Income Portfolio and I have been pleased with the performance since I initially established a position in September 2013. As a value investor, I’m always looking to own securities that offer structural advantages – or wide moats – that can fend off the competition and earn…
Regulators are “Worried”- but it is way too Late We have discussed the immense credit bubbles in Scandinavian countries in these pages several times in recent years. As it turns out, they have now become even bigger. The euro area debt crisis has had a number of side effects. One of them is that not…
Factory orders rose for only the second time in eleven months, in line with the Consensus Estimate. Factory orders rose nearly as expected in June, up 1.8 percent for only the second gain in the last 11 months. The durable goods component, initially released last week, is unrevised at plus 3.4 percent in a gain distorted…
