For all the talk of gold sinking remorselessly to $1,000 an ounce, the metal has risen to $1,200 per ounce and has held its ground. Have we seen the bottom? Money managers Doug Loud and Jeff Mosseri of Greystone Asset Management say that if we haven’t seen the bottom, we will soon. In this interview…
PVH Corporation’s (PVH – Analyst Report) third-quarter adjusted earnings of $2.56 per share not only came ahead of its own guidance range of $2.45–$2.50 but also the Zacks Consensus Estimate of $2.48 per share. Moreover, the company’s adjusted earnings were nearly 11% higher than the year-ago comparable period figure of $2.30 per share. Pvh Corp – Earnings…
Leading analog semiconductor manufacturer Avago Technologies Limited (AVGO – Analyst Report) recorded strong fourth-quarter fiscal 2014 results (ended Nov 2, 2014) with substantial year-over-year improvements in revenue and recurring earnings on the back of accretive LSI Corporation and PLX Technology Inc. acquisitions. This is the first full quarter in which Avago and PLX operated as a combined entity after…
Presented with nothing but admiration for the arrogance of manipulators. Because nothing says fiduciary duty or best-execution like a 2-second dump of 1.25 million shares of Gold Miners (driving prices down $2) Sell Mortimer Sell… and close-up thanks to Nanex… a perfect dump to the LULD circuit breaker levels!!!! $GDX #flashcrash ! Déjà vu – See that…
Banking on three solid quarters of 2014, the board of MasterCard Inc. (MA –Analyst Report) announced incremental capital deployment plans, thereby augmenting shareholder return. In an attempt to boost capital efficiencies, the company hiked its regular quarterly dividend by 45.5% to 16 cents per share from the prior payout of 11 cents. The raised dividend will be paid…
Here is the chart shown the other day, with the S&P 500 diverging from its sustaining Adjusted Monetary Base (AMB). Bulls will proclaim that the economy and the stocks of companies that make up much of the economy are ready to go the organic route; the Fed has removed QE because it is no longer…
Today the Institute for Supply Management published its latest Non-Manufacturing Report. The headline NMI Composite Index is at 59.3 percent, up from last month’s 57.1 percent. Today’s number came in above the Investing.com forecast of 57.5. Here is the report summary: “The NMI® registered 59.3 percent in November, 2.2 percentage points higher than the October reading of 57.1 percent….
A simple summary of the headlines for this release is that the growth of unit labor costs is lower than the previous quarter, whilst the rate of growth of productivity has improved. If one looks at the year-over-year data – it is saying the growth of unit labor costs is higher than the growth of…
CLICK ON CHART TO ENLARGE Take your pick, in the past 6 years, sometimes the U.S. Dollar moves up and the S&P goes down, other times its the opposite and then…..sometimes they move up together, like they have the majority of the past few years. Now the King Dollar may be breaking above a 6-year…
