Chevron (CVX) Q3 Earnings Beat Estimates On Prices, Refining
Oct 27, 2017
Jeremy Parkinson
Finance
Have you been eager to see how U.S. energy giant Chevron Corp. (CVX – Free Report) performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this San Ramon, CA-based company’s earnings release this morning: About Chevron: Chevron is one of the largest publicly traded oil and gas companies in the world, based […]
Tesla Slips Amid Signs Of Model 3 Production Troubles
Oct 27, 2017
Jeremy Parkinson
Finance
Shares of Tesla (TSLA) dropped in premarket trading after the company was downgraded by an analyst due to a more cautious view on Model 3 production. Following reports that Tesla is planning to cut Model 3 parts orders from a Taiwanese parts supplier, another analyst trimmed his estimates on Tesla. CUTTING MODEL 3 PARTS ORDERS: […]
Shares Of Amazon Inc. Rip Higher On Yesterday’s Earnings Beat
Oct 27, 2017
Jeremy Parkinson
Finance
After the close of Thursday, Amazon.com (AMZN) released Q3 earnings that smashed estimates and sent shares soaring in the post market. The online retailer posted earnings per share of 52 cents on $43.7 billion in revenues. This is compared to analyst estimates of just $41.6 billion in revenues. This is a nice surprise for investors, especially in […]
Celsion Corporation Announces Pricing Of Underwritten Offering Of Common Stock And Warrants To Purchase Common Stock
Oct 27, 2017
Jeremy Parkinson
Finance
LAWRENCEVILLE, N.J., Oct. 27, 2017 (GLOBE NEWSWIRE) — Celsion Corporation (the “Company”) (Nasdaq:CLSN) today announced the pricing of an underwritten offering of 2,640,000 shares of its common stock and warrants to purchase up to 1,320,000 shares of common stock at an offering price of $2.50 per share and related warrants. Each share of common stock […]
ECB Meeting In October 2017 And Gold
Oct 27, 2017
Jeremy Parkinson
Finance
On Thursday, the European Central Bank released its most recent monetary policy statement. What does it say about the ECB’s stance and what does it imply for the gold market? As expected, the ECB kept its monetary policy unchanged at its last meeting, but altered its quantitative easing program. In line with expectations, the bank cut the volume […]
Phillips 66 Q3 Earnings Beat Estimates, Increase Y/Y
Oct 27, 2017
Jeremy Parkinson
Finance
Phillips 66 (PSX – Free Report) posted adjusted third-quarter 2017 earnings of $1.66 per share that beat the Zacks Consensus Estimate of $1.62. The bottom line also increased from $1.05 in the year-ago quarter. The growth came on the back of higher contribution from the Refining segment. Quarterly revenues of $26,206 million lagged the Zacks Consensus Estimate of […]
Advance Estimate 3Q2017 GDP Quarter-Over-Quarter Growth At 3.0 Percent
Oct 27, 2017
Jeremy Parkinson
Finance
The advance estimate of third quarter 2017 Real Gross Domestic Product (GDP) is a positive 3.0 %. This growth is marginally worse than the previous quarter’s 3.1 % if one looks at quarter-over-quarter headline growth.Year-over-year growth improved modestly so one could say economic growth was better. Analyst Opinion of GDP The consumer spending declined. I am not […]
Real 3rd-Quarter GDP 3.0%, Inventories Provide Boost: Personal Income Decelerates
Oct 27, 2017
Jeremy Parkinson
Finance
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the third quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent. According to the BEA, the 3rd-quarter increase reflects positive contributions from personal consumption expenditures (PCE), private […]
Dow To Lose 97% Against Gold
Oct 27, 2017
Jeremy Parkinson
Finance
In the last 48 years, since 1969, an investor who put $1,000 into the Dow would today have $33,000. That is a gain of 3,200% or 7.6% annually. On the other hand, someone who put $1,000 into gold in 1969 would today have $37,000 or 7.8% annual return. But if you add dividends to the […]
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TaxDrop: Interview With Founder & CEO Alice Cheng
Oct 27, 2017
Jeremy Parkinson
Finance
We had the opportunity to interview Alice Cheng, the co-founder and CEO of TaxDrop. TaxDrop was founded in 2016 as a mobile app that connects users with a licensed CPA for tax preparation. The company currently has a live crowdfuding campaign. Q. Can you tell us a bit about yourself and TaxDrop? When was your […]