Author Archive: Jeremy Parkinson
Nelson Peltz On Procter & Gamble: Sign Of The Future For ROIC Laggards
One of the largest activist investors in the world is taking on his biggest target yet. Nelson Peltz’s Trian Fund Management is seeking a board seat at Procter & Gamble (PG: $89/share). Now, the Consumer Staples giant is the largest company ever to face a proxy fight, signaling that size alone is no longer […]
No Surprises
As expected, the FOMC said little that was new in the release of yesterday’s post-meeting policy statement. Yes, there were the obligatory tweaks to the first paragraph regarding current economic conditions and some very modest adjustments to the committee’s view on inflation. And yes, there was a discussion about starting to wind down the Fed’s […]
Bayer (BAYRY) Q2 Earnings Beat, Sales Miss, Cuts Guidance
Bayer AG’s (BAYRY – Free Report) second-quarter 2017 core earnings per share from continuing operations was $1.99, which topped the Zacks Consensus Estimate of $1.87. Earnings were down 12.7% year over year from $2.28 per share. Total sales in the quarter were approximately $13.4 billion, up 3% year over year but missed the Zacks Consensus Estimate of […]
E Is Now The Time To Invest In Frontier Markets?
The Volatility S&P 500 Index (VIX) dropped to the lowest level in history to trade at just under $9.50 this month. Low volatility is viewed as a positive sign when it comes to long-term investing as this simply implies low investment risk. As such, investors find it more secure to take long-term positions thereby increasing […]
Microsoft Riding High On The Cloud
According to an enterprise software survey conducted by Credit Suisse about cloud platforms, nearly 40% of those surveyed expressed Microsoft Azure as their preferred choice. That number has grown 21% over the last six months. Another survey by data analytics firm Sumo Logic also came up with a similar result. Clearly Microsoft’s (Nasdaq: MSFT) Azure focus is […]
Procter & Gamble 4Q 2017, And Mastercard 2Q 17 Earnings Reported
Procter & Gamble (PG) 4Q 2017 earnings and Mastercard (MA) 2Q 17 earnings were released before opening bell this morning. Procter & Gamble reported adjusted earnings of 85 cents per share on $16.1 billion in revenue, compared to the consensus estimates of 78 cents per share and $16.08 in revenue. In last year’s fourth fiscal […]
Headline Durable Goods Orders Surge In June
The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in June increased $14.9 billion or 6.5 percent to $245.6 billion, the U.S. Census Bureau announced today. This increase, […]
Gold Cycle Outlook: Cautiously Bullish
I am cautiously bullish with yesterday’s new high in Gold and GDX on day 13. Silver also made a new high on day 12 but is still lagging Gold out of the recent low. Note that I have used GLD and SLV in my charts today as the price prints for Gold and Silver on […]
Will Crude Oil Extend Gains?
On Tuesday, crude oil extended gains and hit a fresh July high, but will we see a further rally in the coming days? Crude Oil’s Technical Picture Let’s take a closer look at the charts and find out (charts courtesy of http://stockcharts.com). Looking at the weekly chart, we see that crude oil extended gains and approached the […]
Core Durable Goods Orders Disappoint But Aircraft Orders Surge 131%
A huge upside surprise for durable goods orders (+6.5% MoM vs +3.9% MoM)… This was the biggest surge in DurGoods since July 2014’s record Boeing order also screwed with the data… Dominated by a 19% spike in transportation (with non-defense aircraft orders up 131.2% MoM) Up from $11bn to $25.3bn… New orders for manufactured durable goods in June […]
