Deutsche Bank Downgrades Airlines On Corporate Travel Worries
The shares of a number of airlines are falling after Deutsche Bank downgraded several names in the sector. Lower corporate profits could lead to reduced air travel, the firm warned. WHAT’S NEW: Deutsche Bank analyst Michael Linenberg downgraded the firm’s ratings on the following airline stocks to Hold from Buy: American Airlines (AAL), Delta Air […]
The Important Bullet Points That Investors Should Be Focusing On In The Oil Market
The Oil Market focuses on some rather silly stuff at times, and the Production Freeze notion, is one such misdirection play. I would rather Bloomberg provide some market insight given their vast resources by reporting on how much Oil Iran is actually able to bring to market versus the rhetoric. (Video length 00:04:20)
Payrolls As Statistics
According to Challenger, Gray & Christmas, layoffs in the US were up 32% in March 2016 over March 2015. Compared to both January and February this year, March was somewhat better but overall for Q1 published layoffs were also 32% more on a year-over-year basis. It wasn’t a very good quarter. Some of that is […]
April 1st Binary Options Asset Focus
During the day on Friday, we get the Nonfarm Payroll Numbers coming out of America, so without a doubt that will be the most important thing that goes on during the day for the majority of traders, and the biggest mover of markets in general. Because of this, the market should continue to be fairly […]
ACAS Repurchases 8.8% Of Shares In Q1
Paul Singer is now heavily involved here and the company is shopping itself and its assets around. Given the timing of everything, it seems something will be announced late spring… ACAS: BETHESDA, Md., April 1, 2016 /PRNewswire/ — American Capital, Ltd. (Nasdaq: ACAS) (“American Capital” or the “Company”) announced today that in the first quarter of […]
Ten Big Dividend Investments Worth Considering – Part 1
It continues to be challenging for income-seeking investors to find satisfying yields as central banks around the world keep interest rates abnormally low. For your consideration, we’ve listed (below) ten publicly traded investments that offer big yields, and the potential for significant price appreciation. The list includes common stocks, preferred stocks, Real Estate Investment Trusts […]
GBP/USD Lower After Soft Markit/CIPS Manufacturing PMI
The British Pound traded lower versus other major currencies (at the time this report was written) after today’s Markit/CIPS Manufacturing PMI showed manufacturing growth rose slightly. The manufacturing diffusion index, by Markit Economics, rose to 51.0 from the prior reading of 50.8. The number was below economists’ expectations of 51.2, and marked the third consecutive month for manufacturing job […]
BlackBerry Ltd Posts Better-Than-Expected Losses, Misses On Sales
BlackBerry (BBRY) released the earnings results from the fourth quarter of its fiscal 2016, which ended Feb. 29, before opening bell this morning. The struggling Canadian smartphone maker reported non-GAAP losses of 3 cents per share, against the consensus estimate of 10 cents per share in losses, and $487 million in revenue, compared to the […]
Silver Is Coiled Spring
Silver’s reluctant, sluggish participation in early 2016’s powerful gold rally has been glaringly obvious. Instead of amplifying the yellow metal’s big gains as in the past, silver largely failed to even keep pace. The lack of silver confirmation for gold’s big move has certainly raised concerns. But despite silver’s vexing torpidity in recent months, it is […]
Payroll Jobs +215,000, Unemployment Rate Ticks Up To 5.0% As More People Enter Labor Force
Initial Reaction Today’s employment report shows an increase of 215,000 jobs, very close to the Bloomberg consensus estimate of 210,000 jobs. The Household Survey and Payroll Survey (Establishment Survey), were in sync this month. There was not another surge in part-time employment. There were no major revisions. Year-on-year hourly earnings are up a somewhat disappointing […]
