BHP reports mixed production results and maintains its guidance
Overall, BHP reported mixed 2Q15 results. It recorded a 9% production increase during the December 2014 half-year.
In the 3Q14 conference call, AT&T mentioned that it expects consolidated revenue to grow in the range of 3–4% YoY in 2014.
Sector ETF Analysis
An overview of Halliburton shows the company’s stock price went up 1.8% on January 20, the day of its latest earnings, to $40.69 from the previous day.
Southwest has enjoyed a record-breaking 42 consecutive years of profitable operations. Many major airlines went through bankruptcy during the same period.
Apple (AAPL) is expected to announce its fiscal 1Q15 earnings on January 27. We believe Apple will once again beat analysts’ consensus estimates.
McDonald’s fourth quarter earnings were released on January 23, 2015. It reported an adjusted earnings per share, or EPS, of $1.13. The EPS declined by 19%.
Beating Wall Street expectations, D.R. Horton reported 1Q15 revenues of $2.3 billion—a 35% year-over-year increase and a sequential decrease of about 7%.
Those investing in iron ore should looked at the indicators collectively since they give cues about the direction of iron ore prices.
JPMorgan Chase & Co. (JPM) is one of the “big four” banks in the US. JPMorgan is a full-service bank. It’s strong across the spectrum of banking services.
With 67 hospitals, acquisitions continue to strengthen its position in rural markets, especially where LifePoint Hospitals is the sole healthcare provider.
Macro ETF Analysis
As growth in Europe nosedived, the European Central Bank resorted to monetary aid.
During the week, the primary mover for Treasury yields was the European Central Bank’s, or ECB, stimulus decision. The purchase will begin in March 2015.
When Bill Gross issues a statement predicting a market reversal, it commands attention, but prudent investors question everything.
Crude oil prices increased by ~2%. The commodity was trading at $46.7 per barrels on January 27, 2015, due to the depreciating US dollar.
Income ETF Analysis
This week has some critical earnings reports in the homebuilder and REIT sectors, and the FOMC meets.
Phillips 66 Partners (PSXP) is a master limited partnership formed by Phillips 66 (PSX). PSXP operations are integral to PSX refineries.