![Ambitious Goals Set High Expectations For Nike](https://www.openenterprisenews.com/wp-content/uploads/2018/04/sorry-image-not-available-415x260.jpg)
Ambitious Goals Set High Expectations For Nike
Apr 04, 2016Jeremy Parkinson0
Nike (NYSE:NKE) took an unexpected and possibly unwarranted hit after missing third-quarter revenue forecasts. The company posted EPS of 55 cents; an increase of 22% compared to the same quarter of the year prior, beating Wall Street estimates of 48 cents. But the bottom line growth passed right through investors as they saw them miss revenue estimates […]
![Crude Loses Key Technical Support As BNP Sees Oil “Revisiting The Year’s Lows”](https://www.openenterprisenews.com/wp-content/uploads/2016/04/20160404_oil1_0-415x260.jpg)
Crude Loses Key Technical Support As BNP Sees Oil “Revisiting The Year’s Lows”
Apr 04, 2016Jeremy Parkinson0
The early exuberance in oil has faded today as WTI tumble to fresh one-month lows… …crucially losing the key 40-week moving average once again as the downtrend looks set to continue. With BNP Paribas warning that WTI is set to revisit the lows of the year: Ahead of a producer gathering in Doha on 17 […]
![Factory Orders Dive 1.7%, Core Capital Goods Dip 2.5%, Last Month Revised Lower](https://www.openenterprisenews.com/wp-content/uploads/2016/04/factory-orders-2016-04-04-415x260.png)
Factory Orders Dive 1.7%, Core Capital Goods Dip 2.5%, Last Month Revised Lower
Apr 04, 2016Jeremy Parkinson0
Factory orders dove 1.7% in February as reported today by the US Census Bureau. The weakness did not stop with the headline number. January orders were revised lower to 1.2% from 1.6%. Core capital goods plunged a whopping 2.5%, and shipments fell 0.7%. Factory orders fell nearly in line with the Bloomberg Econoday consensus reading of -1.6% but […]
![Will Tesla Motors, Inc. Be More Valuable Than Apple Inc.?](https://www.openenterprisenews.com/wp-content/uploads/2016/04/Tesla-Model-3-2.png)
Will Tesla Motors, Inc. Be More Valuable Than Apple Inc.?
Apr 04, 2016Jeremy Parkinson0
Although Tesla (TSLA) has a market capitalization that is 95% lower than Apple’s as things stand, CEO Elon Musk says that it will overtake the tech giant by 2025. Apple (AAPL) is currently trading 18% under its May 2015 high, and the success of the Tesla Model 3 launch was far more successful than predicted, writes Peter […]
![Is Trump’s “Recession Warning” Really All Wrong?](https://www.openenterprisenews.com/wp-content/uploads/2018/04/sorry-image-not-available-415x260.jpg)
Is Trump’s “Recession Warning” Really All Wrong?
Apr 04, 2016Jeremy Parkinson0
Over the weekend, Donald Trump, in an interview with the Washington Post, stated that economic conditions are so perilous that the country is headed for a “very massive recession” and that “it’s a terrible time right now” to invest in the stock market. Of course, such a distinctly gloomy view of the economy runs counter to the more mainstream consensus of economic outlooks as […]
![Decent Jobs Reports Has Warts](https://www.openenterprisenews.com/wp-content/uploads/2018/04/sorry-image-not-available-415x260.jpg)
Decent Jobs Reports Has Warts
Apr 04, 2016Jeremy Parkinson0
After coming under pressure early in the session, stocks showed a substantial rebound during Friday. The turnaround lifted the Dow to its best closing level for the year, while the Nasdaq and the S&P 500 reached three-month closing highs. For the week, the tech-heavy Nasdaq soared by 3 percent, while the Dow and the S&P […]
![Will Alaska Air Acquire Virgin America For Over $2 Billion?](https://www.openenterprisenews.com/wp-content/uploads/2018/04/sorry-image-not-available-415x260.jpg)
Will Alaska Air Acquire Virgin America For Over $2 Billion?
Apr 04, 2016Jeremy Parkinson0
Is the suspense regarding the sale of low-cost carrier Virgin America (VA –Snapshot Report) over? If media reports are to be believed, then the answer would be “Yes”. The bidding war between JetBlue Airways Corporation (JBLU – Analyst Report) and Alaska Air Group (ALK – Analyst Report) over the acquisition of Virgin America has reportedly been settled in favor of the latter. […]
![Top Five Buy/Strong Buy Upgrades – April 4, 2016](https://www.openenterprisenews.com/wp-content/uploads/2018/04/sorry-image-not-available-415x260.jpg)
Top Five Buy/Strong Buy Upgrades – April 4, 2016
Apr 04, 2016Jeremy Parkinson0
For today’s bulletin we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. IEC Electronics Corp (IEC) is the leader here. Ticker Company Name Market Price Valuation Last 12-M Return 1-M Forecast Return 1-Yr Forecast Return […]
![E
Best & Worst ADRs To Buy (With Q2 Seasonality Too)](https://www.openenterprisenews.com/wp-content/uploads/2016/04/orig_april4adr1.png)
E Best & Worst ADRs To Buy (With Q2 Seasonality Too)
Apr 04, 2016Jeremy Parkinson0
The best sectors across ADRs are utilities, services, and technology. The top countries are Canada, Taiwan, and Ireland. After rolling scores to reflect the shift to second quarter seasonality (10 year historical), the average ADR score is 47.79, which is below the four week score of 49.33 and above the eight week average score of […]
![February 2016 Manufacturing New Orders Declined?](https://www.openenterprisenews.com/wp-content/uploads/2016/04/z-temp9-2.png)
February 2016 Manufacturing New Orders Declined?
Apr 04, 2016Jeremy Parkinson0
US Census says manufacturing new orders declined. Our analysis says sales improved and is now in expansion. Unadjusted unfilled orders’ growth remains in CONTRACTION year-over-yea. Part of the reason for the poor growth is that the data is not inflation adjusted (deflation is occuring in this sector) – however, all the gains this month are […]