Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Novartis Tops Q2 Earnings, Sandoz Faces Pricing Pressure

Novartis AG (NVS – Free Report) reported second-quarter 2017 core earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.16 but the recorded figure was a penny lower than the...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Mortgage REIT, Managed By TPG, Prepares For IPO

TPG RE Finance Trust (TRTX), a mortgage REIT managed by TPG that focuses on commercial real estate debt, is expected to IPO on Thursday (7.20). The New York, NY-based company plans to offer 11 million...
On July 18, 2017 / By Kurt Osterberg
Finance 0
House GOP Unveils 2018 Budget: Here Are The Highlights

On Tuesday morning, House Republicans released a fiscal 2018 budget plan that will pose the next major political test for President Donald Trump’s legislative agenda by combining tax reform wi...
On July 18, 2017 / By Kurt Osterberg
Finance 0
June 2017 Import And Export Price Year-Over-Year Inflation Again Lower

Import and export price inflation continues although the year-over-year rate of increase continues to slow. Analyst Opinion of the Import/Export Price Situation The elephant in this month’s decl...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Dollar Slides As Rate Hike Hopes Dim

The US Dollar Index traded at 10-month trough as concerns grow over the Federal Reserve’s likeliness to hike interest rates given the current economic environment. The Index, which FX traders use ...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Day Trading Stock Picks For This Week – Tuesday, July 18

Day trading stock picks likely to move big (up or down) during the week of July 18: CBI, HTZ, WLL, FTR, OAS, AMD and few that are usually good day trading candidates: SPY, BAC, WFT, MOMO, CLF, AKS. C...
On July 18, 2017 / By Kurt Osterberg
Finance 0
EUR/USD: Rallies On Trend Resumption

EUR/USD: The pair resumed its medium term uptrend on Tuesday leaving additional risk on the upside. Resistance comes in at 1.1600 level with a cut through here opening the door for more upside towards...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Trump Falling Short On Promise To Fix Trade Deficit

President Trump is falling woefully short on his promise to fix the trade deficit. It’s on track to hit $570 billion this year — up from $505 billion in 2016. Critics blame the trade gap for lost...
On July 18, 2017 / By Kurt Osterberg
Finance 0
US Import, Export Prices Tumble For 2nd Month As China Deflation Exports Accelerate

For the second month in a row both import and export prices fell MoM (imports -0.2%; exports -0.2%)… This is the equal biggest MoM drop in import prices since Feb 2016… Petroleum pric...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Global Value Chains And Productivity

Production processes have become more likely to cross international borders, thus creating what are called “global value chains” or “global supply chains.” Chiara Criscuolo an...
On July 18, 2017 / By Kurt Osterberg