Category Archive: Finance
Potential Biotech Breakout In Play
The landscape seems to be changing within the Biotech sphere. Over the course of the last 6 months we have seen numerous US politicians come out against price gouging activities within the sector, with many taking a general stance that pricing is perhaps too high. Certainly Hillary Clinton was vocal on the matter (Bernie Sanders […]
Trading Trump’s Tax Plan: Buy … Euros?
On Tuesday, the ECB again exhibited its penchant for leaking market-moving information about monetary policy to Reuters when three unnamed sources tipped a hawkish lean in June. To be sure, that’s not entirely surprising. With “batshit populist president” risk now seemingly off the table in France thanks to Emmanuel Macron’s daunting lead in the polls […]
Boeing Co. Shares Fall On Sales Miss, Nasdaq OMX Earnings Results Mixed
Boeing (BA) and Nasdaq OMX (NDAQ) released their latest earnings reports before opening bell this morning. Boeing posted adjusted earnings of $2.01 per share on $21 billion in revenue, while Wall Street had been looking for earnings of $1.91 per share and $21.3 billion in sales. In last year’s first quarter, the airplane manufacturer reported […]
Loonie Loses Amid Protectionist Proposals
Written by Jamie Dutta “Canada has made business for our dairy farmers in Wisconsin and other border states very difficult. We will not stand for this. Watch!” The first 100 days of the Trump Presidency ends this Saturday and it seems we are back to monitoring @realDonaldTrump tweets once again. After the above Trump volley, the […]
United Technologies Corporation Q1 Profit & Revenue Top Estimates
United Technologies Corporation (NYSE:UTX) early Wednesday posted better-than-expected first quarter earnings results and backed its full-year outlook, as demand remains robust for its industrial products.
Akebia Therapeutics, Inc. Shares Shoot Up On Announcement Of Collaboration With Otsuka
Akebia Therapeutics, Inc. (AKBA), a biopharmaceutical company yesterday announced that they have extended their collaboration with Otsuka Pharmaceutical Co. and will now develop and commercialise Vadadustat in Europe China and other territories. Vadadustat is used to treat anemia patients with chronic kidney disease and is currently in late stage clinical trials. Akebia Therapeutics, Inc. CEO’s Comments […]
Hershey Co., Procter & Gamble Co. Beat On Earnings, Miss On Sales
Hershey, and Procter & Gamble released their latest earnings reports before opening bell this morning. Hershey posted adjusted earnings of $1.31 per share on $1.88 billion in sales, compared to the analyst estimates of $1.25 per share and $1.9 billion. In the same quarter a year ago, the chocolate maker reported $1.8 billion in revenue. […]
Quantifying The Value Premium Across Asset Classes
Value is arguably the leading exhibit in the factor zoo. Quantifying the value factor is challenging, however, for multi-asset class portfolios for at least two reasons. Commodities aren’t easily valued because oil, gold, etc. don’t generate earnings or dividends. Even when there are cash flows to measure, putting a broad set of assets on a […]
AUD CPI +2% First Time Since 2014
Headline CPI Back To Target The latest CPI data for Australia showed that inflation rose 0.5% QoQ over Q1, boosted mainly by higher food and fuel costs. Underlying inflation also increased slightly, with trimmed mean inflation increasing 0.5% QoQ also though weighted media inflation remained flat at 0.4% QoQ. The majority of the increase in […]
Tedious Trading
The oil trade has become tedious with a bigger dose of monotonous heaped inside. Not even another conflict with Iran or a drawdown in oil inventory could wake this boring market up out of its tedious movements. Perhaps that may change as the dollar is springing back to life and we get oil inventories and […]
