SPDR® S&P 500 ETF
Latest SPDR® S&P 500 ETF News and Updates
Energy & UtilitiesDecoding Helmerich & Payne’s Dividend Yield
What’s driving Helmerich & Payne’s high yield? Contract oil and gas well driller Helmerich & Payne (HP) recorded a sharp drop in its 2016 operating revenue due to declines in its US drilling, offshore, and international segments. Its revenue fell 19% in 2015, compared with 51% in 2016. Its operating income, as a result, ended […] ConsumerHere’s Why L Brands’ Dividend Yield Is Rising
Reasons behind L Brands’ growing yield Specialty fashion retailer L Brands (LB) saw its sales slow between 2013 and 2016. The company recorded revenue growth of 3.5% in 2016, compared with 6% in 2015. The growth was driven by the Victoria’s Secret and Bath & Body Works segments. Whereas its operating income grew 12% in 2015, it […] ConsumerWhat’s behind Macy’s Rising Dividend Yield
The story behind Macy’s attractive yield Macy’s (M) operates Macy’s and Bloomingdale’s stores. The company’s sales fell between 2013 and 2016. Revenue fell 5% in 2016, compared with 4% in 2015. Online shopping and discount stores have wreaked havoc on brick-and-mortar stores, leading to store closures. Narrowing gross margins and rising impairments, store closing costs, and […] Technology & CommunicationsCan Seagate Sustain Its Dividend Yield?
What’s behind Seagate’s dividend yield Seagate Technology (STX) is a data storage technology and solutions provider. The company’s revenue, which has fallen over the years, seems to have recovered in 2017. Its revenue has fallen 3% in 2017, compared with a fall of 19% in 2016 due to intense competition in the data storage market. The company’s […] MiscellaneousWhat Could Drive TechnipFMC’s Dividend Yield
How TechnipFMC intends to maintain its yield FMC Technologies and Technip merged to become TechnipFMC (FTI) in 2017, an international provider of subsea, onshore, offshore, and surface projects. The synergy aims to combat the challenges of low oil prices and a challenging outlook through cost cutting and the enhancement of efficiency. The company recorded 51% revenue […] Technology & CommunicationsHow CenturyLink is Maintaining Its Dividend Yield
The story behind CenturyLink’s 8% yield Another acquisition-driven telecom company is CenturyLink (CTL). The cohesive communications company provides a wide range of services to its residential and business customers. Like Frontier, it has been impacted by the slowing traditional phone business. The company’s operating metrics, excluding those of Prism TV, are trending downwards. This trend has […] Technology & CommunicationsFrontier Communications: High Dividend Yield despite Dividend Cut
In this series, we’ll look some small-cap stocks with high dividend yields. Macroeconomic AnalysisWhy September Could Be Volatile for Financial Markets
August was a volatile month, filled with economic, political, and geopolitical uncertainty. September could turn out to be another nail-biter for the financial markets. Company & Industry OverviewsHow Dish Views the Trend of Cable Companies Entering the Wireless Arena
Among the major cable companies, Comcast (CMCSA) has already ventured into the wireless industry by launching a wireless service. Company & Industry OverviewsAnalyzing the Consumer Sector’s Performance Last Week
On September 1, General Motors (GM) released its August sales report. In August, US retail sales recorded 275,552 vehicles—7.5% higher YoY. Company & Industry OverviewsMedtronic’s Emerging Market Position and Opportunities for Fiscal 2018
Medtronic (MDT) registered revenues of ~$1.0 billion revenues from emerging markets in fiscal 1Q18, which represents YoY (year-over-year) sales growth of ~11% in that market. Macroeconomic AnalysisThese Key Economic Indicators Were Released Last Week
In this series, we’ll take a look at the flash manufacturing PMI for the US, Germany, France, and the Eurozone for August 2017. Macroeconomic AnalysisNorth Korea Tensions: Will Demand for Safe Havens Rise?
In the financial markets, there are a few financial assets whose demand increases dramatically in times of uncertainty. Macroeconomic AnalysisWhat Financial Markets Predict for the US Economy
Understanding the Leading Credit Index The Conference Board Leading Credit Index (or LCI), which tracks lending conditions in the economy, is reported monthly. The index has six constituents: 2-Year Swap Spread (SHY) (real time) LIBOR[1.London Interbank Offered Rate] 3-month (SCHO) less 3-month Treasury-bill (VGSH) yield spread (real time) debit balances in margin accounts at broker dealers […] Macroeconomic AnalysisCould the S&P 500’s Stalled Ascent Derail Economic Expansion?
The risk scenario The S&P 500’s rally has stalled just shy of 2,500. Investors are drawn to to riskier assets such as equities when they expect further expansion in the economy. The S&P 500 (SPY), which comprises the 500 largest stocks in the United States, is a constituent of the Conference Board Leading Economic Index […] IndustrialsDividend Yield of Stanley Black & Decker
Stanley Black & Decker’s (SWK) PE ratio of 21.1x is pitted against a sector average of 29.3x. The dividend yield of 1.8% is pitted against a sector average of 1.6%. ConsumerDividend Yield of Archer-Daniels Midland
Archer-Daniels Midland’s (ADM) PE ratio of 19.1x compares to a sector average of 23.8x. The dividend yield of 3.1% compares to a sector average of 2.4%. ConsumerDividend Yield of Procter & Gamble
Procter & Gamble’s (PG) PE ratio of 25.1x compares to a sector average of 23.3x. The dividend yield of 3.0% compares to a sector average of 3.8%. HealthcareDividend Yield of Cardinal Health
Cardinal Health’s (CAH) PE ratio of 16.0x compares to a sector average of 20.4x. The dividend yield of 2.9% compares to a sector average of 2.0%. MaterialsDividend Yield of Nucor
Nucor’s (NUE) PE ratio of 21.8x is pitted against a sector average of 19.4x. The dividend yield of 1.5% is pitted against a sector average of 1.4%. FinancialsDividend Yield of Franklin Resources
Franklin Resources (BEN) has recorded consistent growth in dividends since at least March 1982. MaterialsDividend Yield of Air Products & Chemicals
In this series, we’ll be looking at ten dividend aristocrats with low PE ratios. Dividend aristocrats are S&P 500 stocks that have raised their dividend payouts for at least 25 successive years. Macroeconomic AnalysisWashington or Wyoming: What Will Drive Markets This Week?
The last two weeks have been eventful for financial markets (SPY). Company & Industry OverviewsHow Walmart Has an Edge Over Competition
As competition heats up in the grocery business, Walmart (WMT) is leveraging its strong retail presence, which gives the company an edge over the competition. ConsumerWalmart Beats Fiscal 2Q18 Bottom-Line Analyst Estimates
Walmart (WMT) reported its fiscal 2Q18 results on August 17. Walmart’s adjusted earnings per share of $1.08 beat Wall Street’s estimate and increased 1% year-over-year. Energy & UtilitiesHow Encana Stock Has Performed This Year
Year-to-date, Encana’s (ECA) stock has fallen ~19% to $9.53. The stock is trading below its 50-week and 200-week moving averages. Macroeconomic AnalysisThe Latest Key Economic Indicators from Developed Nations
In this series, we’ll analyze the services PMIs for major developed nations including the US, France, Germany, Spain, the Eurozone, Japan, and the UK. Earnings ReportAnalysis of AT&T’s International Business
Regulators are reviewing AT&T’s proposal to merge with Time Warner in a transaction valued at $85.4 billion. Energy & UtilitiesExxonMobil’s Journey as a Dividend Aristocrat
ExxonMobil’s (XOM) story is similar to Chevron’s. The company’s sales and other operating revenue for 2016 fell 16.0%. MiscellaneousDo Financial Markets Have Another Tense Week Ahead?
Equity markets in the US and across the globe reported heavy losses as risk aversion set in. MiscellaneousHow Are Safe Havens Faring in This North Korea Fear?
The safe havens that benefit the most in times of uncertainty include gold (GLD) and U.S. Treasuries (GOVT). ConsumerWhy Big Five Tech Companies Could Keep Dominating Markets
The big technology companies (XLK) are expected to continue dominating the markets (SPY) (QQQ) thanks to their size, innovations, acquisitions, and investments in 2017. Macroeconomic AnalysisGlobal Manufacturing Activity Picks Up the Pace in July 2017
In this series, we’ll look at the performance of global (ACWI) manufacturing indexes and manufacturing activity in emerging markets. Company & Industry OverviewsImbruvica Could Significantly Drive AbbVie’s Revenue Growth
In 2Q17, AbbVie’s (ABBV) Imbruvica generated revenues of around $626.0 million, which reflected a ~43.0% rise YoY and a ~14.0% rise QoQ. Earnings ReportApple Beat Revenue and Earnings Estimates in Fiscal 3Q17
Apple (AAPL) announced its fiscal 3Q17 results on August 1. Apple reported revenues of $45.4 billion in fiscal 3Q17, a rise of 7% year-over-year. Macroeconomic AnalysisIndonesia’s Exports Fell in June 2017
Exports from Indonesia (EIDO) in June 2017 stood at $11.6 billion, a fall of 11.8% on a year-over-year basis and 19% on a month-over-month basis. Macroeconomic AnalysisHere’s Why Indonesia’s Trade Surplus Rose in June 2017
Indonesia’s (EIDO) trade surplus in June 2017 stood at $1.6 billion as compared to $1.1 billion in the corresponding period last year and $0.57 billion in the previous month. Earnings ReportWhat Drives Success for Comcast’s Universal Studios
Comcast’s franchise-focused strategy In the first part of this series, we looked at how Comcast’s (CMCSA) fiscal 2Q17 results were strongly driven by the company’s filmed entertainment and theme parks businesses. In this part of the series, we’ll look at the key factors that are driving Comcast’s filmed entertainment business. Comcast’s filmed entertainment business is […] Macroeconomic AnalysisUS Unemployment: The Fed’s Favorite Metric Continues to Improve
In a statement following the conclusion of its two-day monetary policy meeting, the FOMC stated that US labor market growth was solid. Macroeconomic AnalysisMexican Unemployment Edged Up in June—Is the Rise Temporary?
Global (ACWI) recovery in 2017 has helped labor market conditions to improve across OECD (Organisation for Economic Co-operation and Development) nations. Macroeconomic AnalysisWhat the Conference Board LEI Tells Us about the Market
The Leading Credit Index is one of the constituents of The Conference Board Leading Economic Index (or LEI), which is reported by The Conference Board on a monthly basis. Company & Industry OverviewsVertex Pharmaceuticals Cystic Fibrosis Market Could Expand
Vertex Pharmaceuticals’ (VRTX) drugs, Orkambi (lumacaftor/ivacaftor) and Kalydeco (ivacaftor), are capable of treating around 30,000 cystic fibrosis (or CF) patients. Macroeconomic AnalysisIs Russia’s Current Account Deficit in June Temporary?
Russia’s (ERUS) current account recorded a $0.3 billion gap in 2Q17 as compared to a $23.3 billion surplus in the previous quarter and a $2 billion surplus in the same period. Company & Industry OverviewsWhy Ibrance Could Drive Pfizer’s Revenue Growth
In 2016, Pfizer’s (PFE) Ibrance reported revenues of ~$2.1 billion, compared with $723 million in 2015. Macroeconomic AnalysisWhat the ISM New Orders Index Indicates for the US Economy
The Institute of Supply Management (or ISM) New Orders Index indicates the number of new orders from customers. IndustrialsWill China’s Rebound in Manufacturing Activity Continue in 2017?
Manufacturing activity in China expanded in June 2017 compared to its fall in May. Chinese manufacturing activity is showing a mixed outlook for economic growth in 2017. Earnings ReportHow Will Apple Perform in China in Fiscal 3Q17?
Apple’s (AAPL) revenue in Greater China fell 14% YoY (year-over-year) from $12.5 billion in fiscal 2Q16 to $10.7 billion in fiscal 2Q17. Macroeconomic AnalysisDid China’s Imports Rise on Its Structural Shift in June 2017?
China’s (FXI) imports rose to $153.8 billion in June 2017, a 17.2% rise year-over-year (or YoY) and a 2% rise month-over-month. Macroeconomic AnalysisChinese Exports Rose in June 2017 on Improving Global Demand
Chinese (FXI) exports stood at $196.6 billion in June 2017, a rise of 11.3% year-over-year basis and a rise of 8.7% month-over-month. Earnings ReportOutlook for Comcast Cable’s High-Speed Internet and Business Services
In May 2017, Comcast introduced its new Wi-Fi gateway, xFi, which offers a personalized Wi-Fi experience to its users.