Darden Restaurants, Inc. (DRI) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports December 18, Before Market Opens Key Takeaways The Estimize consensus calls for revenue of $1.629 billion and EPS of $0.42, coming into the company’s FQ2 2016 earnings report Under the tutelage of Starboard Value, Darden Restaurants are undergoing a company wide makeover Despite…
The Federal Reserve made its much-anticipated move on Wednesday, nudging up the key interest rate by a quarter point. Peter Schiff did an interview with The Hard Line on Newsmax TV a short time later, reiterating what he was saying before the Fed’s announcement – the rate hike does not indicate confidence in the US economy. In…
The hours from the time London opens for business until New York closes are widely regarded as the best time to trade Forex, and with good reason. It is during these hours that the Forex markets usually experience the highest liquidity, i.e. the highest volume of trading. High volume usually correlates positively with a high…
I think all central bankers should be publicly executed, but I have a special loathing in my pitch-black heart for Haruhiko Kuroda, the governor of the Bank of Japan. Having completely abandoned my “I guess I’ll just stay in cash for the rest of 2015” pledge on Thursday, I was bracing myself for the news tonight. I nervously…
BlackBerry (BBRY) is set to announce quarterly earnings on Friday. Analysts expect revenue of $489 million and a loss of $0.14 per share. The revenue estimate implies flat growth sequentially. This may be a tall order as the company experienced a 26% sequential decline in revenue last quarter. Here is my take on what investors…
Google (GOOGL) announced that they have definitely achieved quantum calculation with their D-Wave II computer. To my knowledge, this is the first quantum computer that has been used to solve a real life problem. This is a subject dear to my heart because I wrote my doctoral dissertation on a closely related subject: optimizing a…
Stratfor’s analysts, Reva Bhalla (Vice President of Global Analysis) and Mark Fleming-Williams (Economy Analyst) review the latest interest rate policy change carried out by the U.S. Federal Reserve and discuss its potential impact on Europe, China and emerging markets.
Asia roared-on, after all the fun and games in the US with the Nikkei and Shanghai indices closing up close to 2%. Mid price in Yuan was fixed even lower (by the PBoC) at 6.4757 – the Yuan is allowed to trade within 2% of official fixing rate (previous 6.4626). Also worth mentioning here is…
Before I dig into the nitty gritty of this potentially sweet trade setup, I would like to first wish everyone a Merry Christmas and Happy Holiday! Being from Canada, I’m very lucky to be able to spend quality time with my family for the next month down in the sunshine state of Florida. I sure…
Yesterday, the thing that many feared, happened. The Federal Reserve raised interest rates by a ¼% or 25 basis points. Over the last couple of months, I have talked to clients, friends, colleagues and associates about this rate hike, and there were mixed reviews. Some thought they should leave the rate at 0% and others…
