McDonald’s (NYSE:MCD) has reported a strong performance in its last earnings report. The companies financials continue to remain solid with a strong balance sheet and a respectable free cash flow. The earnings growth should be strengthened by a $20 billion share buyback program to be executed throughout 2016, following a dividend/buyback of $9 billion worth in 2015….
GBPUSD Daily Technical Outlook: The decline off Friday’s high reversed sharply just pips ahead of support at the December 3rd low-day close. The subsequent rally has taken out the weekly opening range high and keeps our focus weighted to the topside targeting a more significant resistance confluence at ~1.5219/40. Subsequent resistance objectives are eyed at the 200DMA and…
Thanks to rate hike concerns and a prolonged weakness in commodities, emerging markets have been struggling since the start of this year. The woes deepened in the second half when non-stop worries ranging from the China turmoil, to weak global growth and falling exports gripped the stock market globally. Additionally, sluggish emerging market currencies, a…
With increasingly strong calls for gun control legislation by President Obama and other politicians, it is likely that Smith & Wesson (NYSE: SWHC) will see increased earnings that continue over the next few months. Each time politicians call for more gun control, the public tends to purchase guns en masse due to fears they will be potentially prevented…
The economic news came in weakly this morning. In particular, wholesale inventories showed an actual decline, with the prior figure being revised sharply downwards as well. This does not bode well for 4Q GDP. The markets are edgy, as they think that the Fed will raise next week. The belief in The Recovery is flagging…
One week ago we presented a must read report by Ellington Management which explained that the credit cycle is now turning. As Ellington pointed out, “We believe that we are now at the end of the “over-investment” phase of the corporate credit cycle in the US that has been playing out since the depths of the GFC….
Video Length: 00:05:21 Looking for the best value stocks? Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: American Eagle Outfitters (AEO- Analyst Report) and Express Inc. (EXPR – Snapshot Report). Both companies have forward P/Es well below the average of the S&P…
For all the concerns about the potential tax liabilities from Yahoo (YHOO) spinning off its stake in Alibaba, it seems investors are now shaken by the board’s decision not to do it. In fact, amid all the calls to spin off the core business instead, Yahoo has decided to do just that. The company’s shares declined by…
Oil prices hit a record low on Tuesday, declining for the third successive day following a crucial decision by the Organization of the Petroleum Exporting Countries (OPEC) on Friday. The oil cartel’s decision to maintain its production ceiling led to a drop in prices on Tuesday as well. As a result, oil prices have suffered…
Why Not Blame It on Transports Instead of Energy Prices? Typically, it is the winners that lead the market, which is not to say that losers have no influence. In the financial media, many are blaming lower oil prices for the selling of equities. While this may be partially true, I say take a closer look at the DJ-20…
