Author Archive: Jeremy Parkinson
What Is Driving CarMax’s Earnings This Quarter?
Photo Credit: Theron Trowbridge CarMax, Inc. (KMX) Consumer Discretionary – Specialty Retail | Reports April 7, Before Market Opens Key Takeaways: The Estimize consensus is forecasting EPS of $0.71 and revenue of $3.68 billion, right in line with Wall Street’s estimates CarMax focus on used-vehicles and location expansion could give them an upper hand on the competition […]
Frisky Yen Upsets Japan’s Gosplan
It Wasn’t Supposed to Do That… When you’re a central banker in a pure fiat money system and even your ability to print your own currency into oblivion is questioned by the markets, you really have a problem. This is actually funny on quite a number of levels if one thinks about it a bit… […]
January 2015 Philly Fed Coincident Index Continues Slowing Rate Of Year-over-Year Growth Trend
The year-over-year rate of growth of the US Coincident Index again declined – but this month insignificantly. A comparison of this US Coincident Index with the Aruoba-Diebold-Scotti business conditions index, Conference Board Coincident Index, ECRI’s Coincident Index, and the Chicago Fed National Activity Index follows. Economic indicators that coincide with economic movements are coincident indicators. […]
MasterCard Inc Exploring Partnership With Twitter, Inc. For P2P Payment Service
Twitter (NYSE:TWTR) shares have soared 10% after a report emerged that credit card company Mastercard (NYSE:MA) would be interested in pursuing a payment service partnership with the company. MasterCard’s president of international markets told CNBC: “We see companies like Facebook and Twitter occupying a really good space in social media and we are always over in Silicon Valley talking to […]
Chart Of The Day: German Exports Sputter Due To Sinking China Orders
China’s economy is now slowing, and it is buying less from Germany. Nine of Germany’s 10 biggest exports to China fell last year including cars, one of the most important industries in Germany.
Earnings Shock Straight Ahead
At quarter’s end, the Federal Reserve lent out $303.5 billion in reverse repos to Wall Street banks, dealers, brokers and mutual funds, known as the “window dressing” period but as we progress into the new quarter this money has to be paid back, so the last couple of days these same institutions pegged stocks at […]
5 Top-Ranked Stocks To Buy Before Earnings Release In April
A few companies have come up their first-quarter earnings results, with Alcoa (AA) being the first among the S&P 500 members to report after the closing bell on Monday. The overall earnings picture for the first quarter appears gloomy with estimates remaining low. In fact, over the last three months, Q1 estimates have fallen significantly, […]
The Countdown To Equity Crowdfunding Begins Now
You wouldn’t have recognized the VC industry of the 1940s. It was puny. And it pretty much stayed that way throughout the 1950s, 60s and 70s. Then the government decided to change the rules. It issued the “Prudent Man Rule,” which allowed pension funds to invest in venture capital. It triggered a surge in VC […]
These 3 Things Are Hurting ConAgra’s Earnings This Quarter
Photo Credit: linda sellers ConAgra Foods, Inc (CAG) Consumer Staples – Food Products | Reports April 7, Before Market Opens Key Takeaways The Estimize consensus is calling for EPS of $0.59 on $2.89 billion in revenue, 1 cent higher than Wall Street on the bottom line and $15 million more on top ConAgra made headlines this quarter […]
