Oracle Corporation Posts Market-Beating Q3 Earnings; Boosts Dividend Payout By 27%
Mar 15, 2017
Jeremy Parkinson
Finance
Oracle Corporation (NYSE:ORCL ) late Wednesday [Mar 15, 2017 | 3:59pm] posted market-beating fiscal third quarter earnings results, driven by strong cloud growth, and boosted its dividend payout by 27%. Written by StockNews.com The Redwood City, CA-based I.T. giant reported adjusted Q3 earnings per share (EPS) of $0.69, which was $0.07 better than the Wall […]
GDPNow Forecast Dips To 0.9%: Divergence With Nowcast Hits 2.3 Percentage Points – Why?
Mar 15, 2017
Jeremy Parkinson
Finance
The Fed hiked today, smack in the face of an Atlanta Fed GDPNow Model forecast of 0.9 percent. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2017 is 0.9 percent on March 15, down from 1.2 percent on March 8. The GDP growth forecast declined 0.3 percentage […]
Inflation, But Only Where It Hurts
Mar 15, 2017
Jeremy Parkinson
Finance
The Consumer Price Index increased 2.74% in February 2017 over February 2016. That was the highest inflation rate registered in this format since February 2012. As has been the case for the past three months, the acceleration of headline inflation is due almost exclusively to the sharp increase in oil prices as compared to the […]
Austerity Kills. And Then Some
Mar 15, 2017
Jeremy Parkinson
Finance
Yes, austerity really kills real people, and it kills the societies they live in. Let’s try and explain this in simple terms. It’s a simple topic after all. Austerity is a mere left-over from faith-based policies derived from shoddy economics, and economics is a shoddy field to begin with. The austerity imposed on and in […]
Will Adobe’s Winning Streak Come To An End? – Wednesday, March 15
Mar 15, 2017
Jeremy Parkinson
Finance
Photo Credit: Louis Raphael Adobe Systems Inc. (ADBE) Information Technology – Software | Reports March 16, After Market Closes Adobe Systems kicks off fiscal 2017 tomorrow with its scheduled first quarter report after the closing bell. The significant strides Adobe made in the Creative Cloud and Marketing Cloud businesses continue to translate into robust financial performance. Earnings […]
Federal Reserve Hikes, But Changes Little Else
Mar 15, 2017
Jeremy Parkinson
Finance
The Federal Reserve delivered the much-anticipated rate hike. There was one dissent, the Minneapolis Fed President Kashkari. In the first paragraph of the FOMC statement tweaked the assessment of business fixed investment, saying that it appears to have “firmed somewhat,” while in February it characterized it as having “remained soft.” The statement also recognized that inflation is moving closer […]
Redacted Version Of The March 2017 FOMC Statement
Mar 15, 2017
Jeremy Parkinson
Finance
Photo Credit: Norman Maddeaux ==================================== February 2017 March 2017 Comments Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Information received since the Federal Open Market Committee met in February indicates that the labor market has […]
Stock Valuation Procter & Gamble
Mar 15, 2017
Jeremy Parkinson
Finance
The following stock valuation is about Procter & Gamble, one of the first stocks in my portfolio and probably a core holding in every dividend growth Portfolio. PG has increased its dividend for 60 years and is therefore one of the dividend Aristocrats. Nevertheless, the growth of PG slowed down in the recent years and […]
7 Tips To Grow Your Wealth Like The Best Dividend Investors
Mar 15, 2017
Jeremy Parkinson
Finance
Dividend investing is one of the most actionable, repeatable methods of building wealth over time. Fortunately, there are many resources available to learn about dividend investing. Many of them are published by some of the most successful dividend investors in the business. These include books, websites, and even shareholder letters. One particular example is the portfolios of […]
The Fed Will Continue To Raises Rates, Even Amid Uneven Economic Data
Mar 15, 2017
Jeremy Parkinson
Finance
Today the Federal Reserve raised the base US Fed Funds interest rate a quarter percentage point to the range between 0.75% and 1.00%. There was only one dissent from Minneapolis Fed President Neel Kashkari. And because this move was anticipated by everyone, the real question now goes to what comes next. When we think of […]