Succinct Summations for the week ending January 19th, 2017: Positives. 1. Major US Stock indices set new record highs; 2. Jobless claims fell to 220k, the lowest reading in 45 years; 3. Industrial production rose 0/9% m/o/m, well above the 0.4% expected increase. Show More Summary
Back in the second quarter of 2017 I wrote a four-part series of posts on the bricks and mortar retailing sector (Part 1: department stores – DDS & KSS | Part 2: mall owners – SKT & SPG | Part 3: balance sheet strength | Part 4: possible...Show More Summary
Aptiv and Lear, two auto parts suppliers, are separating themselves from the pack by integrating more of both hardware and software in offerings for self-driving cars, writes Jeffrey Osborne of Cowen & Co. after spending days at the Detroit Auto Show.
Amazon’s (AMZN) advertising business has “arrived,” is one key observation of Wells Fargo’s Internet analyst Ken Sena, after attending an industry “preview” in New York, the last two days, put on by AdExchanger. Sena writes that Amazon’s “emergence” the past year “as a legitimate advertising platform” has been a hot topic. The company’s head of global […]
Shares of Sanmina-SCI, which builds things for companies for a fee, are down 18% in late trading, after the company warned its quarterly results will miss its expectations because some projects didn't get going in time and because of a hit to deferred assets from the new tax laws.
Bitcoin has crashed approximately 50% since its peak in December, in large part due to fear of regulation and fraud. Are you selling off, or buying in? Here is a peek at what I've been reading lately. These are the...
IBM's better-than-expected quarterly results on Thursday didn't appease uber-bear Toni Sacconaghi of Bernstein, who sees declines along several metrics, and thinks the company's profit outlook this year is yet more of the same "shell game" he thinks IBM's been playing with taxes for years.
Upbeat results from connectivity chip vendor Mellanox on Thursday night have not refuted the assault on the company by activist fund Starboard Value, if anything, it has validated the firm's intervention, in Wall Street's eyes.
The Tax Cuts and Jobs Act suspended or trimmed several cherished tax deductions that individuals count on for savings. So, exactly how bad is it and what can you do about it?
I present the Long Idea highlights and lowlights from 2017.
And people say blindly guessing isn't an art form.
Chris Christie’s a nobody and he’s gonna be a hedge fund manager.
This is what regulators call "A layup."
This won't end well.
Don’t Let the Trolls Get You Down Tired of the bad actors on Twitter? Learn how to manage your feed and use it your advantage. Bloomberg, January 19, 2018 I began sharing my work online two decades ago as one of the early financial bloggers. I started on Yahoo Geocities in the 1990s, Typepad in 2003,… Read More The post Unfollow appeared first on The Big Picture.
Google's new "Pixel Buds" wireless ear pieces shine in their industrial design, especially a nice soft carrying case. The functions, however, with a sort of maddening A.I., leave much to be desired.
Thomson Reuters based its rankings on 28 data points in eight key areas: financial; management and investor confidence; risk and resilience; legal compliance; innovation; people and social responsibility; environmental impact; and reputation.
Shares of collaborative software tools maker Atlassian (TEAM) are down $3.20, or almost 6%, at $52.40, extending last night’s after-hours losses, despite a report of fiscal Q2 revenue and profit that beat expectations, and a forecast for higher revenue this quarter and for the full year. There’s little disagreement today that the results were admirable, […]
If only Janet Yellen, Mark Carney and their banking cronies would let the world economy collapse, Odey investors would really be lording it over their newly-impoverished neighbors.