How does the world’s most social Biotech investor use social media? “Anyone with a 1 to 2 percent information edge can significantly increase their profits,” Mark Schoenebaum explained to me, “but social media still has a lot more noise than valuable signal.” Schoenebaum is a Senior Managing Director and Head of Evercore ISI Health Care Research Team and has been widely recognized in the industry…
Having seen the writing on the $15 minimum wage wall… h/t @TopherCarlton And given the new ‘lack of transparency’ following McDonald’s (MCD) management’s decision to stop reporting sales numbers monthly… It appears McDonalds’ franchise owners are voicing their concerns… rather ominously… as TheAntiMedia.org’s Nick Bernabe reports, Embattled fast food giant McDonald’s…
Our unofficial partner that we love more than some family members, Netflix (NFLX – Analyst Report), had a rough couple of days. The streaming media company met its projected third-quarter $0.07 earnings per share but missed on its projected revenue figures, generating $1.738 billion instead of the estimated $1.743 billion. After-hours trading was impacted negatively…
It’s a club reserved for the world’s elite economies… Created in 1969, the International Monetary Fund Special Drawing Rights (SDRs) is an international reserve asset that’s intended to supplement member countries’ reserves. Its value is based on the value of four key currencies – the U.S. dollar, the euro, the Japanese yen, and the British…
From the Federal Reserve’s reluctance to raise interest rates in September, through the soft employment and retail sales report, and two Fed Governors arguing against a rate hike this year, the pendulum of expectations has swung hard. The implied yield of the Fed funds futures does not rise above 37.5 bp, ostensibly the middle of…
EURUSD: Having EUR closed slightly lower the past week on a rejection candle print, it faces additional weakness in the new week. This view remains valid as long as the pair can trade and hold below its key resistance zone at 1.1459/94 level. Support lies at the 1.1300 level where a violation will aim at…
Last week the market broke through the September high which was the first level of minor resistance on the Twitter stream. Now there are two major resistance levels in the way for the S&P 500 Index (SPX). 2040 was the breaking point of a sideways range during the first of the year. It is now…
With cash flow growth slowing, these three REITs have a high risk of cutting their dividends in the near future. Dump these stocks now before they cut their dividend and their stock prices plummet. The recent market correction has all of us questioning our stock picks. The REIT sector has been hit especially hard, and…
The general consensus among economists and financial analysts is that China was targeting a growth rate of 7% in 2015. That was before the Chinese equities meltdown that all but torpedoed China’s economic prosperity for the year. As can be seen from the chart below, the Chinese economy has been an economic powerhouse moving into…
By Michelle Jones Microsoft Corporation (MSFT) is scheduled to release its next earnings report this Thursday, Oct. 22, and on average, analysts are expecting the company to post earnings of 59 cents per share and $20.88 billion in revenue. The third quarter earnings season has only just begun, and already it’s becoming apparent that it…
