Spanish Senate Suspends Catalan Autonomy Invoking Article 155
The Spanish Senate approved invoking Article 155 of the Spanish Constitution. They basically gave a free hand to the Spanish government to act. PM Mariano Rajoy is expected to remove Catalan President Carles Puigdemont from his job. VP Oriol Junqueras will probably be removed as well. The approval by the Senate also allows the suspension […]
The Biggest Get Even Bigger
Below is a look at the 40 largest companies in the S&P 500. Today has been a big day for the largest companies in the world. They’re all trading higher on the back of strong earnings reports from Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN). Apple (AAPL) remains in the lead as the largest company […]
Chevron (CVX) Q3 Earnings Beat Estimates On Prices, Refining
Have you been eager to see how U.S. energy giant Chevron Corp. (CVX – Free Report) performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this San Ramon, CA-based company’s earnings release this morning: About Chevron: Chevron is one of the largest publicly traded oil and gas companies in the world, based […]
Tesla Slips Amid Signs Of Model 3 Production Troubles
Shares of Tesla (TSLA) dropped in premarket trading after the company was downgraded by an analyst due to a more cautious view on Model 3 production. Following reports that Tesla is planning to cut Model 3 parts orders from a Taiwanese parts supplier, another analyst trimmed his estimates on Tesla. CUTTING MODEL 3 PARTS ORDERS: […]
Shares Of Amazon Inc. Rip Higher On Yesterday’s Earnings Beat
After the close of Thursday, Amazon.com (AMZN) released Q3 earnings that smashed estimates and sent shares soaring in the post market. The online retailer posted earnings per share of 52 cents on $43.7 billion in revenues. This is compared to analyst estimates of just $41.6 billion in revenues. This is a nice surprise for investors, especially in […]
Celsion Corporation Announces Pricing Of Underwritten Offering Of Common Stock And Warrants To Purchase Common Stock
LAWRENCEVILLE, N.J., Oct. 27, 2017 (GLOBE NEWSWIRE) — Celsion Corporation (the “Company”) (Nasdaq:CLSN) today announced the pricing of an underwritten offering of 2,640,000 shares of its common stock and warrants to purchase up to 1,320,000 shares of common stock at an offering price of $2.50 per share and related warrants. Each share of common stock […]
ECB Meeting In October 2017 And Gold
On Thursday, the European Central Bank released its most recent monetary policy statement. What does it say about the ECB’s stance and what does it imply for the gold market? As expected, the ECB kept its monetary policy unchanged at its last meeting, but altered its quantitative easing program. In line with expectations, the bank cut the volume […]
Phillips 66 Q3 Earnings Beat Estimates, Increase Y/Y
Phillips 66 (PSX – Free Report) posted adjusted third-quarter 2017 earnings of $1.66 per share that beat the Zacks Consensus Estimate of $1.62. The bottom line also increased from $1.05 in the year-ago quarter. The growth came on the back of higher contribution from the Refining segment. Quarterly revenues of $26,206 million lagged the Zacks Consensus Estimate of […]
Advance Estimate 3Q2017 GDP Quarter-Over-Quarter Growth At 3.0 Percent
The advance estimate of third quarter 2017 Real Gross Domestic Product (GDP) is a positive 3.0 %. This growth is marginally worse than the previous quarter’s 3.1 % if one looks at quarter-over-quarter headline growth.Year-over-year growth improved modestly so one could say economic growth was better. Analyst Opinion of GDP The consumer spending declined. I am not […]
Real 3rd-Quarter GDP 3.0%, Inventories Provide Boost: Personal Income Decelerates
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the third quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent. According to the BEA, the 3rd-quarter increase reflects positive contributions from personal consumption expenditures (PCE), private […]
