This week, we sit down with journalist Jesse Eisinger, author of The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives. He was previously at the Wall Street Journal, TheStreet.com and Conde Nast Portfolio, and is currently at Pro Publica, where he won a Pulitzer Prize for reporting on various CDOs. Show More Summary
Review: The Strange Case of the Alchemist’s Daughter [by Theodora Goss] is “the monster mashup that we really need.” (The Verge)
Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how to...
Breaking Beyond Nudge – Greg B Davies, Centapse The post Breaking Beyond Nudge appeared first on The Big Picture.
Time to take the beast out of its cave for an early (not quite the Alps) Saturday morning drive: This is what 19 Porsche 918 Spyders in the Alps looks like Source: Classic Driver The post 918 x 19 = Heaven appeared first on The Big Picture.
I hear this ‘no bad idea’ line often these days. Maybe it’s true. I do know there is: Much greed Too many chiefs Bad timing Poor planning Awful hires Crappy advice Sales delays Hidden costs etc… The liquid markets today are covering up a lot of the capital at risk in these ‘not bad’ ideas. Continue reading There is No Such Thing as A Bad Idea? at Howard Lindzon.
Correlations/Foreign ETFs After you click play, use the button in the lower-right corner of the video player to view in full-screen mode. Hit Esc to exit full-screen mode.
The Weekly Wrap by Briefing.com. Indices S&P 500 2, 472.54 +.54 % DJIA 21,580.07 -.27 % NASDAQ 6,387.75 +1.19 % Russell 2000 1, 435.84 +.49 % S&P 500 High Beta 3 8.22 +.05 % Goldman 50 Most Shorted 1 37.36 +1.09% Wilshire 5000 2 5,615.65...Show More Summary
Warning: spoilers As HBO’s blockbuster series Game of Thrones returns for its seventh season, Reason offers its own freedom-filled parody. A libertarian paradise north of the wall? What’s happened to Westeros’ social security trust...Show More Summary
Video will most likely be posted after midnight ET.
Bernstein chip analyst Stacy Rasgon surmises a second hold-out to Qualcomm on royalties could be Chinese telecom equipment giant Huawei, which, if true, raises questions about the long struggle Qualcomm went through with Chinese regulators.
AT&T, the second largest U.S. wireless carrier and largest pay TV operator, is expected to publish its second quarter earnings on July 25,
Microsoft announced its earnings for fiscal Q4 on July 20. The company posted 9% year-over-year growth (10% in constant currency) in revenues to $24.7 billion.
Earlier this week, American Express managed to comfortably beat earnings expectations as a jump in card purchase volumes coupled with improving net interest margins helped the company mitigate the impact of higher operating expenses as well as elevated card charge-off rates on its bottom line.
eBay announced its Q2 2017 results on July 20, reporting 4% growth in net revenues to $2.3 billion. The company’s Marketplaces revenue was up 4% year-over-year to $1.8 billion, while Marketing and Advertising revenue was up 6% over the prior year period to $511 million.
Unilever reported stronger than expected fiscal first half earnings on Wednesday, July 20, as it benefitted from its new growth strategies. The company’s stock has increased by over 40% year-to date, and hit a new 52-week high after the earnings announcement.
Succinct Summations for the week ending July 21st, 2017: Positives: 1. S&P 500, NASDAQ 100, and Russell 2000 each made new all-time highs this week. 2. Leading indicators rose 0.6% in June, above the 0.5% estimated increase. 3. Housing starts rose 8.3 percent in June to a 1.215 million annualized rate; 4. Show More Summary
Silver and gold bullion-tracking exchange-traded products climbed more than 1%, while crude-oil ETPs declined around 3%.