38 Year’s after Ken Langone first founded Home Depot to serve the growing needs of the Do-It-Yourself consumer, it has become the largest home improvement retailer, with over 2,200 stores in the US, Canada, Mexico and operations in China, and 371,000 employees. Prior to 2007, Home Depot was operating through a rapid expansion phase, where…
It’s been a long time since I discussed another company that I wish would go public (CIWWGP)! The odds are pretty high that Chick-Fil-A will never go public because the firm thrives on the fact that they do not have a Board or shareholders to answer to, but I certainly can dream can’t I? At…
S&P 500 The S&P 500 fell significantly during the course of the day on Friday as the jobs number came out a bit on the soft side. By doing so, it raises more questions about the economic strength of the United States, and with that being the case it also makes sense that the stock…
Just as we warned, not only is it time to panic but the panic is ‘contagion’-ing over into the sovereign risk market. European banks are in freefall, down over 4.3% broadly, crashing to 2012’s “whatever it takes” lows. European bank risk has gone vertical… Today’s spike is the largest since April 2010. TBTF banks are all…
flickr Leading Chinese Internet search company Baidu (NASDAQ:BIDU) is due to report q4 2015 earnings on Feb. 10th 2016 after market close. During its third quarter earnings call, Baidu said that it expects fourth quarter revenue to be in the range of RMB18.2B-RMB18.75B ($2.864B-$2.950B) which represents year-over-year growth of 29.5%-33.4%. Wall Street sees the company reporting revenue of…
Hasbro Inc. (HAS – Analyst Report) along with its subsidiaries, provides children’s and family leisure time products and services globally. Hasbro’s product segments comprise Games, Girls, Preschool and Boys’ categories. Hasbro rolled out its initial line-up of Star Wars: The Force Awakens based toys to retailers in Sep 2015. The theatrical release of Star Wars: The Force Awakens…
Two leading indices, Nasdaq 100 and Germany (DAX), look to be doing something neither has done for the past 5-years. The Nasdaq 100 last week looks to have “closed below 5-year rising channel support” at (1) above. At the same time, the DAX index from Germany looks to be breaking 5-year rising support and its 38%…
With the USD in general retreat and risk-off dominating the stock markets, the demand for haven-assets such as silver and gold has increased. In the case of silver prices, the short-term trend is bullish above $14.62, which is a swing lower from its position on February 3. Traders will most likely see a pullback to the $14.85 to…
Yahoo CEO Marissa Mayer is in the hot seat, some investors are calling for her to step down, others want the company broken up and sold for parts, still others are concerned that the value of their investment is less than zero. First and foremost, Yahoo is not worthless. Financial engineers will argue about how best…
PRINT Although stocks were never significantly into profitable territory at any point last week, at the very least on Thursday it looked like we might stabilize with just a very minor loss. The bears had other plans on Friday, however, sending the market 1.85% lower that day to the lowest close in nearly two…
