Estée Lauder: A Leading Beauty and Cosmetics Firm
Estée Lauder’s sales growth was ranked third-highest globally among leading cosmetic companies between the years 2012 to 2015, with net revenue of $11 billion in fiscal year 2014.
Teekay Tankers’ 2Q15 revenue, at $113 million, was higher than analysts’ estimates of $107.6 million. However, the company failed to meet EBITDA estimates.
Sector ETF Analysis
SolarCity is a vertically-integrated solar company. Despite advancing technology and expanding reach, it has seen negative earnings most years since 2007.
Metal stocks have seen increased volatility over the last few trading sessions. Share prices of most steel companies are approaching their 52-week lows.
Amazon surprised investors and analysts with its strong 2Q15 earnings, which it released on July 23. The results exceeded analysts’ expectations with diluted earnings per share of $0.19 on net sales of $23.18 billion.
For August, the Conference Board issued the Consumer Confidence Index numbers on August 25, 2015. It rose to 101.5 after falling sharply in July.
Since the end of July, benchmark iron ore prices have held steady near $55–$56 per ton. In this series, we’ll see how recent data releases from China have impacted iron ore prices.
TD Ameritrade’s (AMTD) stock has appreciated by approximately 11% over the past 12 months.
A sustained rise or decline in the housing indicators discussed in this series could reveal a pattern or give direction about the industry’s movement.
Macro ETF Analysis
The benchmark-tracking SPDR S&P 500 ETF Trust gained 2.47% on August 27, as the US Bureau of Economic Analysis came out with its second estimate for the 2Q15 gross domestic product.
For corporates issuing high-grade bonds, the yield curve getting flatter can lead to issuance of longer-duration bonds.
Corn futures contracts for December delivery rose on August 14, 2015, by 0.067% and settled at $3.76 per bushel on CBOT (Chicago Board of Trade).
Income ETF Analysis
US REITs came into existence in 1960 when President Eisenhower signed the REIT Act contained in the Cigar Excise Tax Extension.
The biggest gainers among upstream MLPs were Linn Energy (LINE), Vanguard Natural Resources, EV Energy Partners, and Eagle Rock Energy Partners.