Reports Tuesday, August 4 Report Wednesday, August 5 Report Thursday, August 6 Walt Disney (DIS) Walt Disney reports its FQ3 ’15 results after the closing bell on Tuesday. Currently, the Estimize community, consisting of 49 analysts, is predicting an EPS figure of $1.45 compared to Wall Street consensus of $1.39. EPS YoY growth has registered double…
(from my colleagues Dr. Win Thin and Ilan Solot) EM again starts off the week on the back foot, but losses are (for now) concentrated in the commodity currencies. With commodities (except for iron ore) already under pressure again, this trend looks set to continue. US jobs data Friday is likely to bring the focus back on Fed…
When I think about the worst places you could have had money over the course of the last month or so two places come to mind. That is China and oil. So it should come as no surprise that today’s Bear of the Day has a Zacks Rank #5 (Strong Sell) rating and is the perfect, unholy…
On July 24, the Conference Board asked the question: Is Wage Growth Accelerating? The Board’s answer was “All signs point to Yes!” One big question regarding the US economy is whether wage growth is accelerating. You might think that this is a pretty straightforward question to answer, but it’s not. There are many measures of…
Diamond Offshore Drilling Inc. (DO – Analyst Report) reported second-quarter 2015 adjusted earnings of 66 cents per share that comfortably surpassed the Zacks Consensus Estimate of 48 cents and also increased from the year-earlier earnings of 65 cents. Total revenue in the quarter decreased 8.4% year over year to $634.0 million. However, the top line came in above…
To say the Euro has been volatile is an understatement. With all the hubbub in recent months, as well as the European Central Bank’s quantitative easing program, the currency has been all over the place. In May, we wrote about how the Euro had made a slight recovery from its $1,06 against the dollar to…
A weak US employment Cost Index (0.2% versus 0.6% expected) was the main reason for the heavy fall of the USD on Friday, especially against the EUR where the majority of long USD traders were positioned. The news came as a shock to those expecting Fed to increase rates in September. Since costs are still…
Tyson Foods, Inc. (TSN) offers a wide array of meat products and commands a strong presence in all beef, pork, chicken and processed food products categories. Continuous product innovations and strong momentum in most of its business segments is driving sales of the company since past many quarters. With a general shift of demand among health…
If China had hoped it would root out intervention by eliminating Citadel’s rigging algos, and unleash a buying spree it was wrong: the Shanghai Composite opened negative, and never managed to cross into the green, despite the usual last hour push higher, ending down -1.1% and down for 6 of the past 7 days. Worse,…
The Canadian dollar is the worst performing major currency over the past month. It has lost nearly 4.5% against the US dollar. That brings its year-to-date loss to almost 12%. There had been two main sources of pressure on the Canadian dollar. The drop in oil prices, which poses a negative terms of trade…
