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.

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.

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.

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.


Markit’s August PMI Report: Europe Shines and China Crashes

On August 21, Markit Economics released its August Flash PMI reports for the US, the Eurozone, Germany, France, China, and Japan.

How Has the Devaluation of the Yuan Impacted Global Markets?

The Chinese yuan devaluation has been the major driver of the massive volatility in the foreign exchange markets over the last two weeks.

Yum Brands Inc (YUM)
Smucker, Yum!, and Newmont Shine on August 19; SPY and EWU Lag

YUM’s announcement of a new CEO for China boosted shares on August 19, with a 2.24% rise in YUM stock. The company generates significant profits from China.

Graph Part 1 08.11.2015
Biotechnology and Pharmaceutical Subgroups Pull Down IBB ETF

The biotechnology and pharmaceutical subgroups comprise 97.43% of the iShares NASDAQ Biotechnology ETF (IBB) portfolio.

Stocks in the Internet Retail Subsector Outperform SKYY in 2015

Netflix will enter Indian markets in 2016. It’s looking to expand into international markets and launch streaming services in more than 200 countries by 2017.

India’s 2015 Monetary Policy and the Future of Its Economy

India’s repo rate stood at 8%, but after three cuts the rate stands at ~7%. Such policy actions affect the rupee, Indian companies, and India-focused ETFs.

Aetna Inc (AET)
The Ups and Downs of August 18, from Both Sides of the Pond

While the component sectors of SPY declined on August 18, Aetna (AET) continued its upward trend. Aetna’s figures boost confidence.

How Asian Nations Reacted to the Chinese Yuan Devaluation

Reactions to the impact of China’s recent developments on our investments ranged from a shrug to a bloodbath. This series examines investments focused on Asian nations that have close ties with the regional heavyweight.

Foreign Exchange Drivers Across the US, the UK, and Asia

On August 18, the annualized CPI showed an increase of 0.1% and beat the forecasts. The clothing and footwear sector drove the increase in inflation.

Crude Oil Price Fall Impacts US Inflation Rate and Russia

The continued slide in oil prices after a slight rebound during the second quarter has failed to deter the US consumer price index inflation rate.

The Greek Saga Continues to Jitter European Markets
Greek Saga Continues: Prime Minister Alexis Tsipras Resigns

Greece made the national headlines again when Prime Minister Alexis Tsipras resigned from office on Thursday, August 20, 2015.

IBB and XBI Underperformed in the Week Ending August 7

The iShares Nasdaq Biotechnology ETF (IBB) and the SPDR S&P Biotech ETF (XBI) provide a similar sort of exposure to investors.

Foreign Exchange Drivers Hit Some Record Lows

This week has more major data coming out than last week, with the FOMC minutes of August 19 leading the pack.

Housing Numbers Lift US Economic Sentiment, UK Inflation Rises

Housing starts and building permits figures for July, released by the United States Census Bureau, were highly anticipated by investors in the US real estate sector.

An Investor's Guide to Smart Beta ETFs

Smart beta ETFs are simply funds that follow their indexes. They’re designed unconventionally to take advantage of the inefficiencies in the market.

Activision, Zynga, and Netflix Close SKYY High in Early August

Activision Blizzard updated its guidance for 3Q15 as well as for the full year. It expects EPS of $0.14 and revenues of $930 million in 3Q15.

Effective Federal Funds Rate
The Relationship between Rate Hike Timing and Economic Indicators

In this series, we’ll look at the indicators that the Federal Reserve examines while gauging the readiness of the US economy for a rate hike.

Foreign Exchange Outlook: The US, the Eurozone, and Malaysia

On August 13, 2015, US retail sales came in at expected levels for July. The increase in the retail sector was broad-based.

Weekly Update: IBB Lost Gains for the Week Ending August 7

IBB followed the trend and gave up the gains that it had for the previous week ending July 31, 2015. IBB fell 3.62% for the week ending August 7, 2015.

US Inflation Expectations, Consumer Sentiment Continue to Soften

Inflation expectations in the US are largely following a declining trend, especially since the beginning of the third quarter this year.


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