Brent and WTI crude oil prices gained some momentum toward the end of last week. The weekly increase for the benchmarks were ~3% and ~2.5%, respectively.
Dr Pepper Snapple (DPS) reported results for 1Q15 ending March 31, 2015 on April 23. The company’s 1Q15 adjusted EPS was $0.81—ahead of analysts’ estimates.
Anthem will release its 1Q15 earnings results on April 29, 2015. The company’s share price has increased by approximately 15.5% since its fourth quarter earnings.
US equity markets gained in the week ended April 24, 2015. But the week was all about the NASDAQ, which gained 3.2%.
The US rig count generally experienced an uptrend throughout the most of 2014. However, that trend reversed in the past five months.
The Dallas Fed’s “Texas Manufacturing Outlook Survey” is produced each month. The report reveals that manufacturing slowed throughout the US in the month of April.
Russ explains why today’s economic environment, characterized by monetary stimulus meant to combat slower-than-expected economic growth, is helping many of the large, global financial firms.
As a general rule, these offer rejections are in two broad categories: “It is all about the price” and “We are not interested, period.”
NYMEX-traded May natural gas futures dropped by 1.62% on Monday. Natural gas prices hit a three-year low and settled at $2.49 per MMBtu on April 27, 2015.
According to Wall Street estimates, Cigna’s 1Q15 EPS will be $1.83—an increase of 19.6% from the 1Q14 projection. Cigna’s actual results have consistently beat analyst expectations.
Janus Capital Group (JNS) reported net profits of $45 million, or $0.23 per diluted share, beating the Wall Street analyst estimate by 3 cents.
You can now get U-verse with AT&T GigaPower service in select locations including Yorkville, Skokie, Plainfield, Oswego, and Elgin in the Chicago market.
Investors with home bias have been handsomely rewarded in the last six years. A 60/40 split of SPY and TLT would have given you returns of a whopping 173.2%!
Despite lower earnings, Coach has maintained its dividend per share at $0.34 since 4Q13, and it’s confident it will meet its commitments thanks to a healthy cash position.
WTI crude oil trading in NYMEX for June delivery declined marginally by 0.28% and closed at $56.99 per barrel on Monday, April 27, 2015.
April has been a mixed bag for the aluminum industry. End user demand continues to be strong, at least in Alcoa’s core markets of North America and Europe.
Brinker International (EAT) released its third-quarter earnings on April 21. Brinker reported an adjusted EPS of $0.93, a 12% increase from $0.83 in 3Q14.
Starbucks released its 2Q15 earnings on April 23 after the market closed. It reported adjusted EPS of $0.33—an increase of 17.9% from the same quarter last year.
Treasury yields rose after Federal Reserve Bank of New York president William Dudley expressed optimism over US economic growth. This should lead to a 2015 rate hike.
eBay (EBAY) announced better-than-expected 1Q15 earnings last week. The company’s overall revenues increased by 4% to $4.45 billion year-over-year.