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Why Philip Morris’s Q3 Earnings Didn't Meet Analyst Estimates

Philip Morris International (PM) announced its 3Q17 earnings on October 19. The company posted adjusted EPS (earnings per share) of $1.27 on revenues of $7.47 billion.

Asian
Pre-Market Report: Global Markets Start the Week on a Stable Note

On October 23, the Shanghai Composite Index closed at 3,380.70 after rising 0.06%. The SPDR S&P China ETF (GXC) rose 0.68% on October 20, 2017.

PG-Stock-1
Procter & Gamble Didn't Impress Investors in 1Q18

Procter & Gamble reported mixed fiscal 1Q18 results. It topped analysts’ EPS estimate. However, sales remained shy of analysts’ consensus estimate.

Part-1-Revenues-3Q17-Earnings-1
PPG Industries Stock Rose, Posted Strong Earnings in 3Q17

PPG Industries announced its 3Q17 earnings on October 19 before the markets opened. It reported revenue of $3.77 billion—an increase of 3.0% on a YoY basis.

RECENT Real Estate RESEARCH

Mortgage Rates
Mortgage rates dip to 3.43%

After rising dramatically in the beginning of the year, mortgage rates are falling again Mortgage rates are the lifeblood of the housing market, which is why the Fed began conducting…

Fed GDP Forecast
Federal Reserve forecasts 2.55% GDP growth in 2013

The Federal Reserve includes formal economic forecasts in the minutes from its Federal Open Market Committee (FOMC) meetings The Federal Reserve typically releases a short press release after its two…

Foreclosure Starts
Foreclosure starts decline 11% in February

Foreclosure starts are a leading indicator of future housing supply and pricing Foreclosure starts are closely watched by investors, realtors and homebuilders alike because they provide a forecast of future…

Mortgage Rates
Mortgage rates dip to 3.59%

After rising dramatically in the beginning of the year, mortgage rates are falling again Mortgage rates are the lifeblood of the housing market, which is why the Fed began conducting…

Expected Home Price Appreciation
Consumers expect home prices to rise 2.7% over the next 12 months

The Fannie Mae National Housing Survey measures consumer attitudes about home-ownership, the economy, and real estate. The National Housing Survey is a sentiment survey that provides investors insight into how…

MBA Purchase Index
MBA Purchase Index rises 1.4% in the last week of March

The MBA Purchase Index is an important index to forecast housing activity The Mortgage Bankers Association (MBA) index of purchase activity measures application activity, not loans made. The Mortgage Bankers…

Consumer Credit
Consumer credit increases $18.1 billion in February

Consumer credit is an important variable for consumer spending and offers insight into mortgage origination The consumer credit reading includes most short and intermediate term credit extended to individuals. It…

Bloomberg Consumer Comfort
Bloomberg Consumer Comfort Index rises to -34.1

The Bloomberg Consumer Comfort Index rose to -34.1 for the week ending March 29th The Bloomberg Consumer Comfort Index is a weekly sentiment index that covers three critical variables: the…

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