Earnings Season: Procter & Gamble
Procter & Gamble Co (PG.s) is a leading multinational company that, together with its beauty division, offers consumer packaged goods and various beauty products to consumers worldwide under well-known brands such as Head & Shoulders, Pantene, Rejoice, Olay and Old Spice, among others. The company has a capitalization of $357.5M and is expected to release […]
Traders return to busy earnings week
Here is what you need to know on Tuesday, January 17: Traders return today after a long weekend in the US, and initial signs are for a muted start to the week. Data overnight from China was positive, but we failed to see a positive push forward from commodities. Europe then added to the bullish sentiment […]
How a ‘triple-barreled buy signal’ and other green flags could send the S&P 500 20% higher, says this money manager
A holiday-shortened week is looking like it will get off to a lower start, as China landed some weak growth numbers and more earnings roll out. That’s after two positive weeks to start 2023. But there’s more than a whiff of bullishness in the air, according to our call of the day, from investment research […]
JPMorgan Chase, Bank of America and Wells Fargo earnings show the good, the bad and the ugly of people’s finances. So how are they holding up?
Friday’s wave of big-bank earnings gives an important glimpse into Americans’ finances amid high prices, rising interest rates and recession worries. At first glance, most consumers appear to be keeping their heads above water.A day after December inflation data showed price increases coming off the boil – but still high — fourth-quarter earnings showed some […]
Key earnings releases scheduled for next week (and going forward)
Some of the key earnings releases scheduled for next week: Tuesday January 17 Morgan Stanley Goldman Sachs Interactive Brokers Unites Airlines Wednesday, January 18 Charles Schwab PNC Financial Kinder Morgan Discover JB Hunt Alcoa Thursday, January 19 Proctor and Gamble Netflix PPG Industries American Airlines Comerica Kimberly Clark Friday, January 20 Other key earnings ahead: […]
Drug companies plan to raise prices on vital medicines to fund R&D, but they already spend more on shareholder returns
Drug companies planning to raise prices on cancer drugs and other life-saving treatments are justifying the move by claiming it’s necessary to fund research and development, but the claim rings hollow given that they spend more on shareholder rewards than on R&D, according to a new study. Accountable.US, a liberal-leaning consumer-advocacy group, found that in […]
BlackRock Profit Falls 23%: WSJ
The money-management firm’s assets under management increased to $8.6 trillion after three quarters of declines. Source link
U.S Banks BAC, WFC and JPM Launch Earnings Season
U.S. EARNINGS ANALYSIS AND TALKING POINTS Banks bolster net reserves showing concerns around the 2023 macro-economic outlook. NII improves for BAC, WFC and JPM but weaker IB limits upside. Recommended by Warren Venketas Get Your Free Equities Forecast U.S. banks in general have kicked off 2023 in the green with JPMorgan (JPM), Bank of America […]
Themes to Watch Out for in the Coming Earnings Season
Today is the unofficial start of the fourth quarter earnings season. Over the next month and a half, virtually all the listed companies in the world will issue their latest earnings reports. Not surprisingly, the markets tend to get quite a bit more volatile during this period. And not just the stock market, because the […]
S&P500 needs solid earnings to go past key resistance [Video]
US inflation came in line with expectations. The kneejerk market reaction to the data was surprisingly negative, but the major US stock indices extended rally, while the US dollar dropped sharply. The S&P500 ended the session at a very important technical level – the index is now testing the ceiling of the 2022 bearish trend […]