Royal Bank of Canada (RY – Snapshot Report) reported impressive fourth-quarter and fiscal 2014 (ended Oct 31) results. Net income in the reported quarter came in at C$2.3 billion ($2.1 billion), increasing 11% year over year. For fiscal 2014, adjusted net income grew 10% from the prior year to C$9.1 billion ($8.4 billion). Moreover, after considering certain non-recurring […]

Following 2 months of improving growth and beats after a mid-year slump, ADP Employment in November dropped to 208k (from an upward revised 233k in Oct even as September was revised lower from 225K to 213K) missing expectations of 222k by the most since August. November has historically seen a significant bump higher in employment but […]

Uber and Lyft are often painted as enemies in the marketplace, but they’re also allies when it comes to facing regulators. On Monday afternoon, representatives for both ridesharing services sat next to one another to field questions about their services from the Boston City Council, at a hearing to explore how to best regulate ridesharing. […]

Since 2010, the best scoring names in our weekly mid cap reports have outpaced the S&P 400 by a median 4.07% in the following year. The best performers from our list from 1 year ago are ILMN up 95%, KNX up 88%, LVLT up 65%, AMED up 61%, and ALXN up 59%. The best mid […]

Black Friday weekend is just not what it used to be. Despite falling gas prices, stock prices posting records, and buoyant consumer confidence, Thanksgiving weekend sales—in stores and on-line—were down about 11 percent from last year. Five forces combined to reduce this year’s spending binge—and most will endure in the years ahead. 1. Black Friday […]