Latest Posts
-
Finance 0
Samsung Stock Is Better Positioned In 2016 With Upside To Valuation
Flickr Samsung Electronics (OTC:SSNLF) reported a fairly weak quarter in terms of profitability despite being near the consensus range in terms of revenue. The company reported revenue of 53.3 trillion Won, which fell slightly below consensus estimates of 53.5 trillion Won. The slight miss on revenue wasn’t the problem as profitability declined from 5.35 trillion Won to 3.22 trillion Won year-over-year in Q4’ FY15. The consensus anticipated net income of 5.4 trillion Won, and it was not broadly anticipated that non-operating items would swing the P&L so significantly in Q4’15. The earnings decline primarily came from the component ... -
Finance 0
Exxon Halts Stock Buybacks As Oil Production Surges
It may not be quite as dramatic as halting a dividend for already profusely sweating investors, but when it comes to the impact on the stock price, buybacks traditionally pack far more punch. Or, as the case may be with what until not that long ago was the world’s biggest company by market cap, and is today set to be eclipsed by Facebook (FB) and slide into 5th spot after GOOGL, AAPL, MSFT and FB, no longer pack any punch because as XOM announced in its just released Q4 earnings which beat estimates of $0.64 by 3 cents, starting in Q1, Exxon will no longer repurchase stock simply to prop up its stock price. From the Q4 earnings rele... -
Finance 0
Exxon Halts Stock Buybacks As Oil Production Surges
It may not be quite as dramatic as halting a dividend for already profusely sweating investors, but when it comes to the impact on the stock price, buybacks traditionally pack far more punch. Or, as the case may be with what until not that long ago was the world’s biggest company by market cap, and is today set to be eclipsed by Facebook (FB) and slide into 5th spot after GOOGL, AAPL, MSFT and FB, no longer pack any punch because as XOM announced in its just released Q4 earnings which beat estimates of $0.64 by 3 cents, starting in Q1, Exxon will no longer repurchase stock simply to prop up its stock price. From the Q4 earnings rele... -
Finance 0
AdvisorShares Active ETF Market Share Update – Week Ending 1/29/2016
Assets in actively managed ETFs increased by $713 million, or 3%, to $23.917 billion. There were no new funds last week, leaving the overall count at 137. Fund flows of course were mostly positive led by $231 million into PIMCO, $208 million to State Street and $102 million to Fidelity. Tuttle Tactical had an $8 million outflow. The lion’s share of those larger inflows went to Short Term Bond, to the tune of $536 million, perhaps indicating a risk off environment. Global Bond was a distant second with $37 million. Multi-Asset had the largest outflow but that was modest at $6 million, followed by $5 million from Tactical. Number of Active... -
Finance 0
GBP/USD Bounces Back On Draft EU Deal
Intense negotiations over the weekend have resulted in some kind of draft agreement between the European Union and the UK. While the agreement is vague on various matters, actually getting to a draft agreement and a few wins there for UK PM Cameron have some influence. GBP/USD is rebounding from the lows seen after the poor construction PMI and is looking towards the highs. Any kind of agreement that includes any kind of concession from the EU would be hailed by David Cameron. His big business donors would like to get a deal as soon as possible and keep Britain in the single market. The need to satisfy right-wing Tories and to prevent a... -
Finance 0
Eurobulls Set To Pass 1.0950 Resistance
GBP trading on Tuesday is too volatile. The pound/dollar in Asia fell to 1.4378 from a 1.4444 maximum as part of a correctional recoil on the euro/pound. After business activity indices’ reports came out for construction in the UK, the pound weakened against the dollar to 1.4325. The correction against Monday totaled 100 points or around 38.2% (Fibonacci coefficient). The pound jumped to 1.4410 (+85 points) from 1.4325. Demand for the pound was caused by Eurozone PMI deflation. The UK construction sector slowed: the PMI fell in January to 55.0 against December’s 57.8 (forecasted: 57.5). The Eurozone’s PMI for December fell by 0.8% MoM a... -
Finance 0
Low Volatility ETFs May Be 2016’s Best Bet
Simple and straightforward is the way to go, particularly given the shaky start to the year. Ask market prognosticators about the recent market rout and prospects for 2016, you will hear a lot about volatility. A recent Barron’s Striking Price column warned investors that “stocks will do about as well in 2016 as they did in 2015, but with more frequent price swings,” citing central bank actions here and abroad, a shallower option market and lower corporate profit margins as contributors to more market oscillations in the year ahead. Société Générale strategist Larry McDonald pointed to weak oil prices when he advised investors... -
Finance 0
In Biggest Ever Chinese Corporate Takeover, ChemChina Set To Buy Swiss Syngenta For $43 Billion
The ink was not yet dry on the seemingly endless Monsanto-Syngenta on again/off again takeover drama, when moments ago in a shocking development the newswires were lit up with news that a new, and very much unexpected, bidder has emerged for the Swiss pesticides giant Syngenta (SYT): China National Chemical Corp, or ChemChina as it is known, which according to WSJ and BBG is set to pay $43.7 billion to acquire a piece of Swiss corporate history. According to Bloomberg, China National Chemical Corp. is nearing an agreement to buy Syngenta for CHF 43.7 billion as the state-backed company extends its buying spree with what would be the biggest-e... -
Finance 0
ADP Employment Report: January 2016 Preview
Private nonfarm payrolls in the US are projected to increase by 231,000 (seasonally adjusted) in January over the previous month in tomorrow’s update of the ADP Employment Report, based on The Capital Spectator’s average point forecast for several econometric estimates. The average projection reflects a moderately lesser rise vs. December’s increase. The Capital Spectator’s average ADP forecast for January is well above two estimates based on recent surveys of economists. Here’s a review of the numbers, followed by brief summaries of the methodologies behind the forecasts that are used to calculate The Capital Spectator’s average ... -
Finance 0
Call Options On Alphabet
Q4 earnings for Google’s (GOOG) parent company, Alphabet surprised everyone yesterday. While the market value of Apple (AAPL) has steadily been decreasing since mid-2015, the market value of Alphabet has been increasing ever since 2012. If you were smart enough to invest in Google four years ago when the company had a market capitalization of $200 billion, you would be sitting pretty today knowing that the company’s market capitalization is hovering around $500 billion. By contrast, Apple was valued at approximately $400 billion in 2012 and is currently valued at around $500 billion in 2016. A sharp depreciation in the price of Apple stoc...
Top Posts
-
The Importance for Individuals to Use Sustainable Chemicals
-
Small Businesses: Finding the Right Candidate for the Job
-
How to Write the Perfect Thank You Letter After Your Job Interview
-
3 Best Large-Cap Blend Mutual Funds For Enticing Returns
-
China suspected in massive breach of federal personnel data
