China cracked down on the metal financing deals. Exceeding $150 billion, these deals represent one-third of China’s short-term foreign exchange borrowing.
Healthcare REITs that own senior care facilities, hospitals, and nursing homes are seeing growth. With the aging population rising, the need for critical healthcare facilities is also rising.
Net debt to EBITDA for Frontline (FRO) has drastically decreased from 9x to 3x, as the company paid off a substantial amount of debt in the second quarter.
Apple (AAPL) reported fiscal 4Q16 net sales of $46.9 billion, a YoY (year-over-year) fall of 8.9% from its net sales of $51.5 billion in fiscal 4Q15.
Since the 2008 financial crisis, Wells Fargo and Bank of America have been focusing extensively on expense control mechanisms.
Apple expects revenue of between $89 billion and $93 billion in the first quarter of fiscal 2019.
Disney (DIS) performed well in 2Q15. The media conglomerate's revenue increased by ~7% year-over-year to ~$12.5 billion.
Senate Majority Leader Mitch McConnell, who previously blocked the STATES Act when it was first introduced in June last year, could prove to be a big hurdle for the bill to overcome.
The key support for WTI oil is at $48 per barrel. If crude oil breaks $48 per barrel, it will hit $42 per barrel. The US dollar will also put pressure on crude oil prices.