Akebia Therapeutics, Inc. Shares Shoot Up On Announcement Of Collaboration With Otsuka

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 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

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

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

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 […]
Tesla Model S Loses Top Ratings Spot, Consumer Reports Says

Tesla Model S Loses Top Ratings Spot, Consumer Reports Says

Consumer Reports is lowering the ratings of two Tesla vehicles because the automaker has not enabled the new models with the automatic emergency braking safety feature it said would come as standard. The maker of electric vehicles continues to say it is working through software problems, but that has left owners without the promised feature, […]
Generation Two Liquid Alternatives

Generation Two Liquid Alternatives

Beachhead Capital Management has published a white paper on what it calls the “second generation of liquid alternatives.” To begin at the beginning, “liquid alternatives” are investment products, available to retail investors, for example through mutual funds or ETFs, which are designed to provide the diversification and absolute-return benefits typically associated with hedge fund strategies. […]
Gold Bullion Imports Into China Via Hong Kong More Than Doubles In March

Gold Bullion Imports Into China Via Hong Kong More Than Doubles In March

Gold bullion imports into China via main conduit Hong Kong more than doubled month-on-month in March, data showed on Tuesday as reported by Reuters. China’s net-gold imports via Hong Kong more than doubled in March to 111.6 tonnes. Chart not updated as official data not publicly available yet. Source: Goldchartsrus.com  Net-gold imports by the world’s top gold consumer […]
Global Fixed Income: Expect The Unexpected

Global Fixed Income: Expect The Unexpected

Based upon projections for 2017, it would appear as if the global bond markets have once again surpassed expectations. Indeed, following the U.S. election and the subsequent rate hike by the Federal Reserve (Fed) in December, the “student body right” mentality among investors was that the fixed income asset class could have its share of difficulties in 2017. While […]
Twitter Surges After Beating Expectations, MAUs Jump Despite Revenue Slowdown: The Quarter In Charts

Twitter Surges After Beating Expectations, MAUs Jump Despite Revenue Slowdown: The Quarter In Charts

For once Twitter (TWTR) did not disappoint Wall Street, when moments ago it reported results that beat consensus estimates handily as non-GAAP EPS of $0.11 beat consensus of $0.02, even topping the highest estimate of $0.10, on revenue of $548.3 million, also beating est. of $509 million (just don’t look at the GAAP EPS loss […]