Phillips 66 Partners' 1Q16 Results: Set for Long-Term Growth?

Phillips 66 Partners (PSXP) reported its 1Q16 results on April 29, 2016. It reported distributable cash flow that was 13% lower than 4Q15.

Fed Funds dot graph Mar 16
Stocks and Bonds Rally on the April FOMC Statement

On April 27, the Fed ended its FOMC meeting with a statement. It had language that was similar to its statement in March. Most of the changes were cosmetic.

Is the Sky Falling? Carl Icahn Exited His Investment in Apple

Apple fell 3% on April 28, 2016. Carl Icahn stated that he doesn’t hold stake in the company. Its shares are already down about 10% for the year as of April 28.

Every Asset Price is Artificially Elevated
Business Cycle Investing: Where Are We Now?

Let’s take a look at where we are in the business cycle, what factors are at play, and what stands to work given current macroeconomic influences.


Was 1Q16 Really Such an Outstanding Quarter for Ingersoll Rand?

Ingersoll Rand’s 1Q16 earnings boosted its shares to $67.48 in early trading, but the stock closed at $65.39 on April 26—2.5% lower than the opening price.

Phillips 66's 1Q16 Earnings Miss the Estimates

Phillips 66 (PSX) posted its 1Q16 results on April 29, 2016. PSX’s revenues missed Wall Street analysts’ estimates, and its adjusted earnings per share stood at $0.67—around 24% lower than its estimated EPS of $0.88.

Inside Procter & Gamble's Soaring Operating Margin in Fiscal 3Q16

Procter & Gamble’s diluted net EPS increased by 29% to $0.97, while its core earnings fell by 3% to $0.86 per share in fiscal 3Q16.

What Do Analysts Expect from SunPower's 1Q16 Earnings?

SunPower Corporation (SPWR) plans to announce its 1Q16 earnings on May 5, 2016, after Market hours. Wall Street analysts’ consensus estimates forecast adjusted earnings per share of -$0.24.

What to Expect from Becton, Dickinson and Company's Fiscal 2Q16

In a Bloomberg survey of 20 brokerage companies recorded on April 29, 2016, about 55% of analysts rated BDX as a “buy,” and 45% rated it as a “hold.”

Emerging Markets Fall, US Indexes Rise on Manufacturing PMIs

The manufacturing PMI (Purchasing Managers’ Index) published by the Institute for Supply Management fell in April to 50.8. That compares to 51.8 in March and expectations of 51.4.

Weekly Update: April's Final Week Saw Biotechnology Stocks Plunge

The last week of April 2016 saw biotechnology stocks falling as weak earnings gripped the market.

Boston Scientific Reports 1Q16 Earnings: What Was the Reaction?

On April 27, 2016, Boston Scientific (BSX) released its 1Q16 earnings.

How Did the Market React to Novo Nordisk's 1Q16 Earnings?

Novo Nordisk (NVO) reported its 1Q16 earnings on April 29, 2016. It reported sales amounting to ~27.2 billion Danish krone for the quarter.

What Led Vale SA to Beat Market Expectations in 1Q16?

Vale SA (VALE) reported its 1Q16 results on April 28, 2016. Its adjusted EBITDA came in 32% higher than the consensus EBITDA.

Fiat Chrysler's 1Q16 Earnings: Could It Meet Its 2016 Guidance?

The Italian-American auto giant Fiat Chrysler Automobiles (FACU) released its 1Q16 earnings report on April 26, 2016.

How Have IBM's Segments Performed after Its Restructuring?

On April 21, 2016, IBM (IBM) announced its fiscal 1Q16 results, which disappointed analysts and the Market. However, some analysts are still hopeful about IBM’s transformation and believe that its 1Q16 results show the company’s commitment toward its transformation.

Treasuries Rose as FOMC Hinted at Slow Road Ahead

Treasury yields mostly fell across the yield curve for the week ended April 29, 2016, due to weak domestic economic data.

Cliffs Natural Resources' Q1 Earnings: a Turnaround?

Cliffs Natural Resources’ (CLF) results for 1Q16 beat market expectations. Here’s why.

Mild Weather Hit Utilities Again, PEG Reported a 12% Fall in EPS

Public Service Enterprise Group (PEG) reported its first quarter financial results on April 29, 2016. It earned $0.91 per share.

How Is IHI Trading Compared to the Broader Market?

The SPDR S&P 500 ETF (SPY) fell by 0.9% on April 28, 2016. The iShares US Medical Devices ETF (IHI) fell by 0.8%.

Friday’s Consumer Pops and Drops: ATR, F, BGS, MNST, and ALV

On April 29, 2016, the S&P Consumer Discretionary slightly outperformed the S&P 500 and the S&P Consumer Staples as a whole.

Inside Suncor's 1Q16 Performance: Which Segments Dragged SU Down?

In 1Q16, Suncor’s revenues of 5.6 billion Canadian dollars, or ~$4.5 billion, missed estimates by 12%. SU reported EPS of 0.17 Canadian dollars, or ~$0.14.

Exxon Mobil’s 1Q16 Earnings: Downstream, Chemicals Save the Day

Exxon Mobil (XOM) posted its 1Q16 results on April 29, 2016. Its quarterly revenues surpassed Wall Street estimates by 10%.

Did Century Aluminum’s Revenues Really Bottom Out in 1Q16?

Century Aluminum (CENX) reported an adjusted net loss of $22 million in 1Q16, which translates into adjusted EPS (earnings per share) of -$0.23.


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