Author Archive: Jeremy Parkinson
Buffalo Wild Wings Stock Down On Q1 Earnings & Revenue Miss
Buffalo Wild Wings, Inc. (BWLD – Free Report) released its first quarter 2017 financial results, posting earnings of $1.44 per share and revenues of $534.8 million. Currently, BWLD is a Zacks Rank #3 (Hold), and is down 3.2% to $157.21 per share in after-hours trading shortly after its earnings report was released. Buffalo Wild Wings: Missed earnings […]
Stand On Guard For Thee (Canada)
Over the past 40 years, the British Columbia lumber business has always taken great glee in plucking the chin hairs out of Uncle Sam’s beard by legislating protection for its markets by way of subsidies and tax credits with political parties catering and pandering to the voting workers in an industry that dominates the provincial […]
Can This Retailer Possibly Pay Its 5.2% Dividend?
Retail is a tough business these days. Amazon is a big bully, taking a lot of retailers’ lunch money. Other online stores are also making it tough for their brick-and-mortar competitors. That’s why store closures are on record pace. So far this year, there have been 2,880 announced closures. Ten retailers have declared bankruptcy. Macy’s (NYSE: […]
Trump Tax Cuts To Add As Much As $7 Trillion In Debt
While today’s “tremendously” vague one-page summary of Trump’s tax plan had barely any detail – it did not even include the income ranges for the three personal income tax brackets – it did contain enough information for the CRFB to be able to score it, and calculate how much it would cost, or in other words […]
The Medium-Term Trend – Wednesday, April 26
The SPX equal weight touched the previous high and then reversed. Shooting star pattern? Now what happens? There are a few weak spots in this market. The recent chart of the Transports does not have the look of an uptrend. Not yet anyway. This has been one of the few major indexes not confirming the […]
Tides Turning
After a hefty overnight gap we seem to now be on the downturn for markets, at least according to the SPY chart. QQQ and IWM are strong but have gaps that may well need filling before the next major leg higher. Earnings season is only going so so, so far, as we see stocks continue […]
F5 Networks, Inc. Posts Weaker Than Expected Q2 Earnings & Provides Subpar Guidance For Q3
F5 Networks, Inc. (Nasdaq: FFIV) late Wednesday posted weaker than expected Q2 earnings and provided subpar guidance for Q3 Written by StockNews.com The Seattle-based software developer reported Q2: earnings per share (EPS) of $1.95, which was $0.02 worse than the Wall Street consensus estimate of $1.97, revenues rose 7.1% from last year to $518.2 million, […]
TransUnion Announces Secondary Offering Of 15,000,000 Shares Of Common Stock And Purchase Of 1,500,000 Shares Of Common Stock
TransUnion (the “Company”) (NYSE: TRU) today announced that certain of its stockholders (the “Selling Stockholders”) intend to offer for sale in an underwritten secondary offering 15,000,000 shares of common stock of the Company pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (the “Commission”). In addition, certain of the Selling Stockholders […]
“I Am The King Of Debt. I Do Love Debt. I Love Debt.”
That’s a quote from candidate Donald J. Trump in May 2016. And today, he re-affirmed his predelictions, in his tax “sketch”. According to the Committee for a Responsible Federal Budget, the ten year central projection is for a cost of $5.5 trillion, resulting a $6.2 trillion augmentation to the debt. Source: CRFB (April 26, 2017). Ignoring dynamic effects, this […]
