April 2017 - Page 3 of 169 -

E Global Earnings Update

Apr 27, 2017 Jeremy Parkinson Finance 0

Latin Report *Cemex reported a nifty rise in Q1 profits thanks to lower financial costs. CX net came in at $336 mn, nearly 10x prior year level of $35 mn! Sales were up 1% to $3.1 bn but up 6% in constant currency. Cement sales were flat but aggregates, a much larger business and ready-mix […]

Are Airlines The New Railroads?

Apr 27, 2017 Jeremy Parkinson Finance 0

There is a joke that has circulated for some time that goes something like this: How do you become a millionaire? Be a billionaire and start an airline. For decades, the airline industry was incapable of producing strong profitability. In the few periods when they did earn positive amounts of net income, a looming recession […]

Semiconductors Tick Along

Apr 27, 2017 Jeremy Parkinson Finance 0

It was another quiet day for indices but the Semiconductor index was able to add over 1% on the day. This also helped post gains to the Nasdaq 100, although there was a relative gain for the Semiconductor Index against the latter index. The Nasdaq 100 registered an accumulation day despite its underperformance against Small […]

Market Talk- April 27, 2017

Apr 27, 2017 Jeremy Parkinson Finance 0

Two central banks were in play today, but neither moved on rates which was very much expected by the markets. The BOJ did however raise its economic forecast although that did not help support the Nikkei which closed small down at 19,250. The psychological barrier remains the 20k level but as it’s the end of […]

The $4.5 Trillion Gift

Apr 27, 2017 Jeremy Parkinson Finance 0

Let me tell you a little story. It starts in November 2008 when the Federal Reserve launched an $800 billion bond-buying program to lower lending costs for borrowers as well as home buyers. The program was called “quantitative easing” (QE), which sounds like gentle and vague academic talk. This was on the heels of the […]

Microsoft Corporation, Intel Corporation Shares Fall On Earnings Reports

Apr 27, 2017 Jeremy Parkinson Finance 0

Microsoft and Intel released their latest earning reports after closing bell tonight. Microsoft reported adjusted earnings of 73 cents per share on $22.1 billion in GAAP revenue and $23.5 billion in non-GAAP revenue, compared to the analyst estimates of 70 cents per share on $23.7 billion in revenue. In the same quarter a year ago, […]

Stock Exchange: How To Use Backtests Effectively

Apr 27, 2017 Jeremy Parkinson Finance 0

Everyone interested in managing their own money ought to keep an old idiom in mind: if it seems too good to be true, it probably is. Unfortunately, greed is a powerful motivator. It’s tempting to see a new model with an incredible backtest and think this could be the answer. Experienced investors know that there’s […]

Durable Goods Grow Indicating Lack Of Growth

Apr 27, 2017 Jeremy Parkinson Finance 0

Total new orders for durable goods, including orders for new transportation equipment, were estimated to have been $238.7 billion in March 2017 on a seasonally-adjusted basis. That is 9% better than the most recent low point figured for June last year. It remains substantially less than the record high reached in July 2014, though an […]

The Short-Term Trend

Apr 27, 2017 Jeremy Parkinson Finance 0

The market has stalled a bit after the big break out. This is starting to look like a rally up to the top of the range. Then again, we are in the middle of earnings and there is tons of news everyday. This doesn’t look right, but maybe it will resolve itself soon. […]

Airlines Fall As American Pay Raises Seen As ‘Worrying Precedent’

Apr 27, 2017 Jeremy Parkinson Finance 0

U.S. airline majors have been pressured Thursday after a series of headlines from the sector, including quarterly reports from both American Airlines (AAL) and Southwest (LUV), indications of a potential “wage race” and signals of a coming end to the industry overbooking practices that have recently created a public relations nightmare for United Airlines (UAL). […]