UnitedHealth Group Posts Strong 1Q 2015 Results
UnitedHealth Group (UNH) posted its 1Q15 earnings on April 16, 2015. Following the release, UnitedHealth Group’s share price increased by 3.6%.
An April 16 press release from Yahoo (YHOO) announced that Yahoo and Microsoft (MSFT) have amended their search relationship.
Sector ETF Analysis
After the 63 Bcf build last week, natural gas inventories as of April 10 were ~82 % higher than last year’s levels. Still, they’re ~9% lower than the five-year average.
The global steel industry (XME) has seen its fortune change ever since OPEC decided against reducing its daily oil production.
Netflix announced its 1Q15 earnings on April 15. It beat its own estimates in terms of member growth and margins. Globally, it added 4.9 million new members.
Under Armour (UA), will report 1Q15 earnings on April 21. UA has recently touched new highs with its stock at an all-time record high of $85.71 on April 16.
Goldcorp’s annual guidance for 2015 remains at 3.3 million–3.6 million ounces of production for AISC of $875–$950 per ounce.
Spring selling season is in full swing, and investors are eager to see how the homebuilders are seeing the upcoming year.
Blackstone LP (BX) reported record revenues and profitability, backed by the strong performance of its portfolio companies.
Macro ETF Analysis
April 14 saw the US stock market, measured by the SPDR S&P 500 ETF (SPY), gain 0.19% as financials beat expectations on the earnings front.
Yields have been dropping in this period, leading investors to prefer government bonds over stock, especially the safer ones, including the German Bunds.
On April 15, 2015, the EIA reported that weekly crude oil inventories increased by 1.02 MMbbls—the lowest inventory increase since January 7, 2015.
Income ETF Analysis
The refi boom dried up in late 2013, credit has been tight, and first-time homebuyers have been on the sidelines. If low rates are here to stay, 2015 could be a good year for origination.
Boardwalk Pipeline Partners’ (BWP) unit price increased 15% in the past one year, while Sunoco Logistics’ (SXL) fell 5% and DCP Midstream Partners’ (DPM) dropped 27%.