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New Zealand: Central Bank Paves Way For Currency Rebound In Medium-Term
Article By: ING Economics
Wednesday, February 12, 2020 10:16 AM EDT
A surprising hawkish tilt by the central bank doesn’t just give a short-term respite to the battered New Zealand dollar but also paves the way for a sustained recovery once virus-related fears dissipate.
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Moody's (MCO) Q4 Earnings And Revenues Surpass Estimates
Article By: Zacks Investment Research
Wednesday, February 12, 2020 10:07 AM EDT
Moody's came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $1.63 per share a year ago.
In this article: MCO
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Index Investors Are Closet Dividend Growth Investors
Article By: Dividend Growth Investor
Wednesday, February 12, 2020 10:07 AM EDT
Every index investor who owns shares in a mutual fund following S&P 500 or the Total US Stock Market is a closet dividend growth investor
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4Q2019 Report On Household Debt And Credit: Household Debt Continues To Rise; Mortgage Originations Hit 14-Year High
Article By: Global Economic Intersection
Wednesday, February 12, 2020 10:03 AM EDT
Total household debt balances grew by $193 billion in the fourth quarter, marking a $601 billion increase in household debt balances in 2019, the largest annual gain since 2007.
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US Stocks At 100-Year High In Relative Price And Valuations
Article By: Danielle Park, CFA
Wednesday, February 12, 2020 9:52 AM EDT
The U.S. stock market has reached 100-year highs versus global equities in terms of relative price and valuations.
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Another Rate Cut Out Of Mexico?
Article By: Orbex
Wednesday, February 12, 2020 9:44 AM EDT
Mexico no longer has the highest interest rates in the world. But, that doesn’t mean their central bank isn’t still looking to ease further.
In this article: EWW
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SoftBank Q3 Profit Wiped Out By Vision Fund Losses
Video By: CNBC
Wednesday, February 12, 2020 9:37 AM EDT
The Vision Fund posted an operating loss of 225 billion yen ($2.05 billion) for October-December compared to 176 billion yen profit in the same period a year earlier.
In this video: SFTBF
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Daily Stock Pick: Cisco Systems (CSCO) - Wednesday, February 12
Article By: Fredrik Arnold
Wednesday, February 12, 2020 9:29 AM EDT
Cisco's price per share closed at $49.33 yesterday. A year ago its price was $47.58.
In this article: CSCO
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CVS Health (CVS) Surpasses Q4 Earnings And Revenue Estimates
Article By: Zacks Investment Research
Wednesday, February 12, 2020 9:28 AM EDT
CVS Health came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $2.14 per share a year ago.
In this article: CVS
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Worry-Free Wednesday?
Article By: Phil Davis
Wednesday, February 12, 2020 9:22 AM EDT
Not much point in even tracking the virus, which is now called Covid-19, since it doesn't seem to be able to affect the markets or, as Powell said yesterday, whatever economic damage is done, China will make it up with stimulus.
In this article: OIL, UNG, JJC (RETIRED)
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Shopify Reports Big Q4 Earnings Beat
Article By: Benzinga
Wednesday, February 12, 2020 9:16 AM EDT
Shopify reported adjusted fourth-quarter earnings of 43 cents per share on Wednesday, which beat the analyst consensus estimate of 24 cents by 79.17%.
In this article: SHOP
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Piper Starts Beyond Meat At Neutral, Says McDonald's Deal Already Priced In
Article By: The Fly
Wednesday, February 12, 2020 9:04 AM EDT
Piper Sandler analyst Michael Lavery last night initiated coverage of Beyond Meat with a Neutral rating and $115 price target.
In this article: BYND Also: MCD
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Cryptocurrencies On Fire
Video By: MarketPunks
Wednesday, February 12, 2020 8:58 AM EDT
A review of the situation with coronavirus, the stock market, cryptocurrencies and the EUR/USD currency pair.
Watch
Natural Gas Forecast: Looking To Fill Gap
Article By: Christopher Lewis
Wednesday, February 12, 2020 8:56 AM EDT
Natural gas markets drifted a bit lower to kick off the trading session on Tuesday but then turned around to rally a bit.
In this article: UNG
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Teva Reports Q4 Earnings Beat
Article By: Benzinga
Wednesday, February 12, 2020 8:54 AM EDT
Teva Pharmaceutical Indus reported fourth-quarter earnings of 64 cents per share, which beat the analyst consensus estimate of 61 cents by 4.92%.
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US Equities Dominate Global Market Returns So Far In 2020
Article By: James Picerno
Wednesday, February 12, 2020 8:52 AM EDT
It’s not even close. As early starts for calendar years go on a global basis, the US stock market’s roaring debut in 2020 so far has left the rest of the world in the dust, based on a set of exchange-traded funds.
In this article: EWJ, ILF, SPY, VT
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