“You never know where the skeletons in the closet are or what company will be next,” warns one Chinese credit analyst as the CNY30 billion indebted Chinese developer Kaisa Group (that we initially discussed here) admits it can’t say if it plans to meet a bond deadline today. The builder of residential communities and shopping…
Constellation Brands Inc. (STZ), a leading international producer and marketer of beverage alcohol brands, released solid third-quarter fiscal 2015 results, wherein adjusted earnings of $1.23 a share surpassed the Zacks Consensus Estimate of $1.14. Moreover, the bottom line rose nearly 12% from $1.10 a share earned in the year-ago quarter. Based on the strong beer…
I can’t say there’s anything particularly new in James Surowieki’s New Yorker article on the various ways we subsidize home ownership vs. renting, but taken as a whole he provides a great starting primer and review of the arguments. I mean, don’t get me wrong, home ownership is awesome for some – even for many – but I don’t think…
Written by Gary The DOW touched 290 earlier and volume didn’t totally fall off as expected pushing equities fractionally higher. WTI oil is trending down and looks to put a cap on any further market gains today. By noon the averages were still elevated, but trading sideways while investors watch the U.S. Dollar trade lower. The…
See – “everything is awesome” again!! Click on picture to enlarge
A Sloper was kind enough to send me the following idea this morning, which I wanted to share: Walmart (WMT) is benefitting from 2 major events: 1. The recent significant drop in gasoline prices (50+%) helps the low income segment of the population the most since they spend most of their income on the basics….
QUESTION: Dear Marty, I have been reading your writings a few years already and am so inspired by your analysis and ECM model. I understand you mentioned many times about the deflationary cycle that is coming and actually happening in Europe and reflected in oil prices. From many data, the inflation rate in US and…
In September we managed an over bought, over loved and over obsessed upon stock market into October’s decline. That decline was simply a sentiment thing. Sentiment needed to be re-set from way over bullish as we had been noting through fading stock participation, briskly over bullish ‘dumb’ money and divergent ‘smart’ money, among other indicators….
The bullish trend in the US dollar is expected to continue in the coming months, putting these two ETFs in focus (UUP, USDU). View this video here.
Family Dollar Stores Inc. (FDO – Analyst Report) posted first-quarter fiscal 2015 earnings of 44 cents a share, which missed the Zacks Consensus Estimate of 59 cents, and plunged 35.3% from 68 cents earned in the prior-year quarter. Stiff competition and margin contraction hurt the results. Family Dollar Stores, Inc – Earnings Surprise | FindTheBest To bring itself…
