Industrial production in China accelerated in November to 6.2% from an abysmal 5.6% in October. As per usual, any similar change is met with assurances that this time, unlike all prior, everything is working. It has become a regular game of ill-considered contention, as every single move in IP or some other factor that stops declining…
Photo Credit: Ivan Walsh Oracle (ORCL) Information Technology – Software | Reports December 16, After Market Close Key Takeaways The Estimize consensus calls for FQ2 2016 revenue of $9.106 billion and EPS of $0.61, slightly higher than Wall Street’s estimates. The emergence of cloud infrastructure has forced Oracle to shift from its traditional licensing model to cloud…
Stocks tried to rally heartily today, but faded into the afternoon, still managing to hold on to some decent gains. The economic news this morning was poor, but not quite as weak as expected. FOMC tomorrow, and the big reveal. Have a pleasant evening.
Buckle up and mark your calendars for Dec 16! Chances are high that the interest rate is going uphill. Janet Yellen, the Chair of the Board of Governors of the Federal Reserve, is confident that the current stability witnessed in the U.S. economy will enable it to brave the onslaught of a raised interest rate….
The sell-off in credit over the past week has led many investors to ask what it means for equities. Credit spread widening usually has negative implications for equity but as Goldman notes, it is critical to estimate the degree to which the equity market has already priced the weakness to determine the potential risks to equity…
Weren’t lower oil prices supposed to act like a “tax cut” for U.S. households? If families spend less at the gas pump, then they will spend more of their dollars at the mall. At least that’s what mainstream media cheerleaders like CNBC’s Jim Cramer have insisted throughout the year. In contrast, the S&P SPDR Retail…
Wall Street’s proclivity to create serial equity bubbles off the back of cheap credit has once again set up the middle class for disaster. The warning signs of this next correction have now clearly manifested, but are being skillfully obfuscated and trivialized by financial institutions. Nevertheless, here are ten salient warning signs that astute investors…
Photo Credit: Sankarshan Mukhopadhyay Red Hat (RHT) – Information Technology – Software | Reports December 17, after the close Key Takeaways Red Hat has been making improvements to its cloud services, including working with Microsoft Several top firms have raised their price targets on RHT shares The Estimize consensus is expecting EPS of $0.48 and revenue of…
Medtronic (MDT) hiked its dividend by 25% earlier this year and has now increased its dividend for nearly 40 consecutive years. While MDT’s 2.0% dividend yield isn’t enough for investors living off dividends in retirement, the stock’s double-digit annual total return potential is attractive in today’s market environment, and we expect continued double-digit dividend growth in…
Snow removal is not a business I think of often, especially not this year in New York with temperatures well above what we expect in December, not to mention all the chatter about global warming. But with shares Douglas Dynamics ($PLOW) – take a hint from the ticker – with a nearly 4% yield, show…
