Shares of China-based internet advertisement company ChinaNet (CNET) jumped after reporting fourth-quarter revenue that increased over 64% from the year-ago period. REVENUE JUMPS: Q4 revenue spiked 64.1% to $15.3M from $9.4M in the year-ago quarter, ChinaNet-Online said this morning. Operating expenses for Q4 were down to 40.7% from 42.9% last year. Most notably, revenues from…
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The headlines say seasonally adjusted Industrial Production (IP) improved month-over-month. Our analysis agrees. Analyst Opinion of Industrial Production There was insignificant revision to the existing data over the last 6 months. The best way to view this is the 3 month rolling averages which improved. Industrial production is in a long term upward trend. Manufacturing…
The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for March new residential building permits. The latest reading of 1.354M was an increase from a revised 1.321M in February and above the Investing.com forecast of 1.330M. Figures were revised going back to January 2012. Here is the opening of…
Bank Of America Reports Similar Results On Monday morning, Bank of America reported earnings. This is the last of the big 4 banks to report. The results were similar to the others as earnings beat estimates. Because the stock fell in sympathy with the other results on Friday, it rallied on Monday along with the overall…
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the ten most undervalued companies reviewed by ModernGraham. Each company has been determined to be suitable for the Enterprising Investor according to the ModernGraham approach. Defensive Investors are defined as investors who are not able or willing to do substantial…
As predicted towards the end of last year, Cryptos have trended lower—much lower—throughout the first few months of 2018. From a contrarian investor’s perspective, this came as no surprise, as the masses rushed into the streets and those who scarcely could say the word “Cryptocurrency” dove in with both feet. This is always a red-hot…
The Atlanta Fed is out today with its latest mark down in the US GDP growth estimate for Q1 2018: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.9 percent on April 16, down from 2.0 percent on April 10. The nowcast for first-quarter real…
In a world of cheap emerging market labor and ever-more-dexterous robots, inflation – especially the wage-driven variety – seems like yesterday’s news. But maybe not. It’s late in the cycle and things are getting tight, with pretty much the same result as in every previous expansion: Companies are having to pay up and look farther…
Sales growth is an important metric for any company, as it is a vital part of growth projections and instrumental in strategic decision-making. It provides an insight into product demand and pricing power. By monitoring this key metric over multiple time periods, one can easily understand a company’s growth trend. Sales growth is important to…
