Category Archive: Finance
Gilead Sciences Beats The Street – Wednesday, July 26
(Video length 00:01:12) CNBC’s Meg Tirrell reports on the quarterly earnings report for Gilead.
PayPal Holdings, Inc. 2Q 2017 Earnings Beat Estimates
PayPal (PYPL) 2Q 2017 earnings were released after closing bell tonight. The company posted adjusted earnings of 46 cents per share on $3.14 billion in revenue, compared to the consensus estimates of 43 cents per share in adjusted earnings on $3.09 billion in revenue. In last year’s second quarter, PayPal reported non-GAAP earnings of 26 […]
Dollars (TIC) In May: Consistently Inconsistent
The TIC data for May was inconsistent. It has been that way for several months, and importantly describes what I think is the operative “dollar” condition. Though the data is several months old already, we can tell by certain real-time prices and indications that the difference between 2016 and 2017 is very clear in some […]
Facebook Tumbles Then Bounces As Algos React To “Fake” Earnings Estimate
Facebook first tumbled then jumped after reporting Q2 EPS of $1.32, which initially slammed the stock as much as 5% lower however, then jumped just as quickly when it emerged that Bloomberg had blasted a wrong EPS estimate, according to which the company had missed earnings of $1.38… FACEBOOK 2Q EPS $1.32, EST. $1.38 … […]
Redacted Version Of The July 2017 FOMC Statement
Photo Credit: Leo Newball, Jr. || I visited that building when I was 24. =========== June 2017 July 2017 Comments Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Information received since the Federal Open […]
Euro Is Headed For 1.18
The EUR/USD is headed for 1.18. The Federal Reserve did exactly what the market anticipated but unfortunately, that was not enough. The U.S. dollar sold off aggressively in the hour after the monetary policy announcement sending EUR/USD to a 2 year high. The FOMC statement did not disappoint – the Fed left interest rates unchanged, […]
Global Trade Back To Trend
The latest hard data on global trade continue to show a picture of global trade volumes returning to trend growth. We look at the CPB global trade monitor data and the RWI/ISL global shipping container throughput index. The latter series provides a slightly more timely view and the key data series from that is displayed below. It shows seasonally […]
Yields Fall Sharply As Treasurys Underpinned By Block Trade Amid ‘Wiggle Room’ Talk
Ok, well yields are diving, although it took Treasurys a few minutes longer to react to the Fed statement than it took the dollar, which dropped like a rock pretty much immediately. We’ve now retraced the entirety of yesterday’s move higher in yields and notably, we’re now sitting pretty close to where we were on […]
TD Bank Well Positioned For Continued Top Line Growth Going Forward – Here’s Why
Written by SmallCapPower.com TD Bank Group (NYSE:TD) (TSX:TD) is the sixth-largest bank in North America by branches and serves 25 million customers in three key business segments (Canadian Retail, U.S. Retail, and Wholesale Banking), operating in a number of locations in financial centers throughout the globe. TD Bank Group ranks among the world’s leading online financial […]
Anticipating Gilead Q2 Earnings
Gilead (GILD) reports Q2 earnings after hours today. Analysts expect revenue of $6.35 billion and eps of $3.08. The revenue estimate implies a 2.3% decline, up from the 11% decline experienced in Q1. Investors should focus on the following key items: HCV Revenue Will Continue To Crumble Gilead is known for having developed a cure for […]
