There are manufacturing, fast-food, pharmaceuticals, and apparel companies in the earnings parade early this week. Caterpillar, McDonald’s, El Lilly, and Under Armourare on tap to report quarterly earnings ahead of the market open Tuesday. Can this diverse group of companies shed light on the economy? Can CAT Roar Again? What happens at [...]
The digital age is turning the trickle of baseball card discoveries into a torrent. In the latest, a great grandson discovered the 1910 tobacco cards of legends Ty Cobb, Cy Young, and Walter Johnson in a cigar box in an attic.
This may be the year you can get a decent pay raise, if you follow these tips.
For all its faults, Twitter remains the dominant online destination for breaking news and in-the-moment discussion. With some new ads, Twitter is pushing that idea with a particular emphasis on news, sports and politics. The company...Show More Summary
There was a time when Caterpillar was considered a key bellwether for trends in global heavy industries, and thus a proxy for the manufacturing sector. However, over the past 3 years that has not been the case for one simple reason:Show More Summary
NYSE Composite Index: Volume Running -18.8% Below 100-Day Average 1 Sector Rising, 9 Sectors Declining 30.7% of Issues Advancing, 65.9% Declining 126 New 52-Week Highs, 7 New Lows 62.8% of Issues Above 200-day Moving Average Average 14-Day RSI 46.5% Vix 13.6 +13.1% Total Put/Call 1.18 +45.7% TRIN/Arms 1.67 +78.6%
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Visa posted gains in revenue and payments volume in Q2 2016, despite global political and economic challenges...Show More Summary
For the 19th week in a row, it appears low oil prices are not "unequivocally good" for the Dallas Fed region. Despite surging from -18.3 to -1.8 (beating expectations by 3 standard deviations) we note that wages tumbled on the month (to lowest since Sept 2013), as did prices received. Show More Summary
In the short-term, the Fed may need to consider global factors when formulating policy. But over a longer horizon, a greater focus on domestic conditions means that the Fed may go down the road less traveled by raising interest rates from...
The Canadian Dollar has now dropped 5 straight days, breaking above 1.3200 to the USD - its weakest in 4 months - as FX and equity markets catch up to oil's recent demise... We are sure this will 'help' US corporate earnings... but when has that ever mattered.
Not content with implementing a state of emergency which has given Erdogan unlimited powers to continue an unprecedented purge of political enemies which has seen over 60,000 workers sacked, over 13,000 arrested, among them soldiers,...Show More Summary
"it's probably nothing..." Crude rolled over... And USDJPY broke below 106... Charts: Bloomberg
Not the greatest start to Hillary's homecoming week. Outgoing Democratic Party chairwoman Debbie Wasserman Schultz was booed and heckled at a Florida delegate breakfast, with attendees shouting "shame." Man this is brutal: DWS beingShow More Summary
Verizon EVP Marni Walden explains why Verizon just paid $4.8 billion for Yahoo. One big reason? Yahoo's 600 million monthly mobile users. After months of speculation and intrigue, the bidding war for Yahoo came to an end today with the announcement that Verizon has agreed to acquire the former search giant's digital assets for $4.83 billion in cash. Show More Summary
Facebook’s Mark Zuckerberg might not need to worry about Snapchat, according to fresh analysis ||| New York – Facebook’s Mark Zuckerberg might not need to worry about Snapchat, according to fresh analysis published by Morgan Stanley. When...Show More Summary
This week’s Market Update is posted at Alpha Baskets and includes the following; A quick update on Turkey after the coup attempt on July 15th; President Erdogan has implemented a three month state of emergency which depending on one’s viewpoint will allow him to stabilize the political situation or grab more power. Equities in Turkey […]