Warren Buffett’s decision to leave the newspaper business is just the latest setback for an industry that has been suffering for years. An index of six U.S. newspaper stocks dropped 61% from the beginning of 2015 through Wednesday, according to data compiled by Bloomberg. The decline contrasted with a 50% gain in the Class B … Continue reading Extra! Extra! Read all about it!
American Airlines American Airlines kicks us off today, reporting $1.15 a share on revenue of $11.3 billion. Estimates were for $1.15 on $11.4 billion. So revenue a little light. AAL also guided for full year 2020... $4 to $6 per share. Estimates are for $5.04, so I guess they're still on target there. A 30-50% … Continue reading Today’s Earnings
Netflix reported 2019 4th Quarter earnings of $1.30 per share on revenue of $5.5 billion. The high range earnings estimate was $0.68 per share on revenue of $5.4 billion. That's a 91% beat on earnings! Shares are down a bit regardless. Revenue guidance was a bit lower than expectations, 1st quarter 2020 expected to be … Continue reading Netflix Shrugs Off Disney+
THE FEDERAL RESERVE BOARD (Lender of last resort in the event of banking panics) Today’s Fed also seems to want to be a lender of early resort to nip recession in the bud. However, promoting a public perception that the Fed will always be able to prevent serious recessions and drop in asset prices is … Continue reading 2020 First Quarter Commentary
Earnings season kicked off with a bang, and U.S. stocks added 2% to recent gains this week. Utility and Technology names led the way higher, while Energy stocks lagged.Investors celebrated some positive economic data from around the globe. For example, U.S. December home starts were reported at the highest in 13 years. Additionally, Chinese industrial … Continue reading Earnings Season
Boeing reported final orders and deliveries for 2019 on Tuesday. Orders for the year dropped 74% to 243, deliveries dropped 53% to 380. Airbus deliveries were up 8% to 863 with orders up 2% to 768. Although the competition to date has been tight, with the crashes and subsequent controversy over the 737 Max, Airbus … Continue reading Airbus passes Boeing as King of the Sky
U.S. stocks may frustrate investors looking to buy at lower prices. The S&P 500 Index’s performance on a total-return basis, including reinvested dividends, in post-World War II election years shows as much. Retreats of 10% or more, sing a commonly used threshold for corrections, occurred only half of the time during those years. They include … Continue reading Looking for Lower Prices
Biggest S&P 500 heavyweights bring back memories of 1999 Companies that carry the most weight in the S&P 500 Index are getting heavier. Alphabet Inc., Google’s owner, joined with Amazon.com Inc., Apple Inc., Facebook Inc. and Microsoft Corp. account for 16.6% of the S&P 500’s value, according to data compiled by Bloomberg. Their share surpassed … Continue reading Memories
Found this too interesting not to repost... For more info... https://finance.yahoo.com/news/companies-that-died-in-the-2010s-135909180.html
Median US homebuyers age in 1981 was just 31. Today it is 47 The rise since the financial crisis is particularly noteworthy. This is driven by an aging population, affordability, higher student debt levels, and tighter mortgage lending standards for young people and individuals with lower credit scores. All these forces have also contributed to … Continue reading Median Homebuyers Age
