Who could have seen this coming? With oil prices holding at 4-year lows, heavily pressuring around half of US shale production economics, the “secret” US deal (see here and here) with Saudi Arabia to crush Russia via oil over-supply in a slumping demand world appears to be backfiring rapidly for John Kerry and his strategy team….
Correctly using Twitter Inc. (NYSE:TWTR) is turning out to be a tall order even for people who ought to be proficient at it. The giant social network’s chief financial officer, Anthony Noto, mistakenly tweeted how he was planning to buy a company in December and how he intended to go about it. The message was…
Dan here…this piece is originally published at Oxford University Press by Angry Bear Edward Lambert. Written by Edward Lambert For this American, my favorite holiday has always been Thanksgiving. Why? I have an image in my mind of Native Americans and colonists meeting and sharing food together; they share knowledge and stories. In the midst of their concerns about each…
Energy is the worst performing sector in the S&P 500 this year and has come under increasing pressure over the past few months as the price of Crude has plummeted to $75 a barrel. The underperformance this year has been significant, but the shift really started years ago, back in the middle of 2008 when…
In the waning stages of 2014, investors are starting to look closely at their returns and analyzing the pros and cons of their portfolio decisions this year. Overall the gains have been solid across the board for stocks and bonds with the exception of some errant sectors that have been misplaced. Energy stocks, precious metals,…
The Federal Reserve can lower interest rates to zero, or even–as the European Central Bank has done–into negative territory. But it can’t make lenders lend or would-be borrowers borrow if they don’t want to. And it certainly can’t make a shopper open their wallet and spend if they’re more inclined to save. Economist John Maynard…
Deere & Company’s (DE – Analyst Report) earnings per share in the fourth quarter of fiscal 2014 (ended Oct 31, 2014) declined 13.3% to $1.83 from $2.11 earned in the prior-year quarter impacted by less favorable product mix, lower shipment and production volumes and higher production costs. Earnings, however, beat the Zacks Consensus Estimate of $1.58, delivering an…
The last third quarter report for the week (still 9 companies left to report for the season) came from Deere (DE) this morning. The company blew past expectations on both the top and bottom-line, with EPS of $1.83 beating the Estimize consensus by $0.16 and the Wall Street consensus by $0.25. Revenues came in at $8.04B, well above…
Bitcoin has long been considered a revolutionary that individuals will ultimately conduct their transactions. It is no doubt that the crypto-currency came a long way from only being considered another financial asset. However, various issues kept most of the masses away. One of the main problems that still lingers are security breaches which have not…
Bitcoin has long been considered a revolutionary that individuals will ultimately conduct their transactions. It is no doubt that the crypto-currency came a long way from only being considered another financial asset. However, various issues kept most of the masses away. One of the main problems that still lingers are security breaches which have not…
