Shares of United Continental (UAL) are rising this morning after the airline named the president of American Airlines (AAL) as its new company president. The appointment is the latest management shake-up at United, following this month’s appointments of a chief financial officer and chief commercial officer. Shares of American Airlines dropped, but later rebounded, following…
Last week, as the Fed wrapped up their annual Jackson Hole confab, the markets sold off following suggestions the Fed might just hike rates in September after all. On Monday, the markets rallied to recover a majority of that lost ground keeping the markets confined within the very narrow, low volatility, range that has existed for the last…
Abercrombie & Fitch Co. (ANF – Analyst Report) , a specialty retailer of premium, high-quality casual apparel, released second-quarter fiscal 2016 results. The company reported adjusted loss of 25 cents per share, wider than the Zacks Consensus Estimate of loss of 23 cents. In the year-ago quarter, the company had reported adjusted loss per share of 12 cents….
At the current pace of quantitative easing, Japan’s central bank is buying so many bonds that it now has about 24 months left before there are no more bonds left to buy. The BOJ is buying close to $800 billion (USD) of bonds annually. The bank’s QE program is truly gargantuan, and Kuroda made a key…
Even someone who looks at charts for a living has to see that bear markets all around shipping stocks means the global economy is not good. Video Length: 00:02:04
Medpace Holdings Buy Recommendation The 25-day quiet period on underwriter analyses that began with the August 11, 2016 IPO of Medpace Holdings (MEDP) will come to an end on September 5, allowing the firm’s many IPO underwriters to publish detailed positive reports and buy recommendations of the company on September 6. Our extensive research shows above-market returns during…
Written by Bill Holter The 2008 Great Financial Crisis came about because we began to hit “debt saturation” levels.The crisis was one of solvency but was attended to with added liquidity.Sovereign treasuries still had the ability to add debt to their balance sheets which was done in unprecedented amounts.Now, we are again bumping up against debt saturation…
<< Read More: Inflation (Part I) At one point in the history of the United States, gold and silver coins were money. I use the term money since it satisfies the criteria defined in Part I of this article series. For reasons of practicality and safety, these coins could be stored in depositories issuing certificates redeemable…
Open source integration software vendor Talend has gone against the trend. In what has been seen as a tough market for IPOs, Talend had a strong IPO. It opened trading on the Nasdaq exchange under the ticker TLND at $27.66 after pricing its IPO at $18 and raising $94.5 million. Photo Credit: Savoir-faire Linux /Flickr.com Talend’s Offerings Talend…
The Congressional Budget Office (CBO) estimates the total deficit for fiscal 2016 will be $590 billion. This is $152 billion (34%) greater than the shortfall posted in fiscal year 2015. And by 2026 the deficit would be considerably larger as a share of the nation’s output (GDP) than its average over the past 50 years….
