F1: Liberty Media Fuels a Air of Uncertainty, Stock Tanks $RACE, $FWONK Liberty Media claims that F1 reversing stock price may have been fueled by an air of uncertainty over if it will strike a new deal with the 10 racing Teams before their current contract expires in years. Liberty bought F1 for $4.6-B, and […]
Now is it is Tesla (NASDAQ:TSLA) Vs the Automotive World $TSLA, $VLKAY, $GM, $F The world’s giant automakers are planning big pushes into EV production, and none bigger than Volkswagen (OTCMKT:VLKAY) is coming up to challenge fledgling Tesla in its tiny 1 plant niche market. Ok, Tesla has sold about 500,000 cars worldwide, which accounts […]
Ferrari’s (NYSE:RACE) Business in Thriving, Net Revenue Up, Profits Soaring $RACE Ferrari’s (NYSE:RACE) sales rose by nearly 11%, with the iconic luxury Italian Supercar firm shipping a total of 2,262 units, 216 more than in the same time frame of Y 2017. During this time, the company’s net revenues rose by 0.3%, whereas the net profit, as indicated […]
Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet $TSLA Following Tesla (NASDAQ:TSLA) and Elon Musk has been Wild, that will not change in the foreseeable future. Last week stronger-than-expected Q-3 results relieved some of the pressure on the company and its deposed Chairman, Elon Musk, after a turbulent several months. In early August Mr. Musk smothered […]
Ferrari (NYSE:RACE) Q-3 Earnings ‘Whisper’ $RACE Ferrari (NYSE:RACE) many analysts the iconic Italian automaker expect the Maranello outfit to deliver a Y-Y decline in earnings on higher revenues when it reports results for the Quarter ended September 2018. This consensus gives a good sense of the company’s earnings picture, but how the actual results compare […]
Do Not Get Distracted By Tesla’s (NASDAQ:TSLA) Q-3 Profitability $TSLA Tesla posted an impressive Q-3 profit Wednesday, and the company’s top-line revenue was more stunning. The money flowing toward Tesla is more important than whether it makes or loses money on a Quarterly basis. As Tesla grows, questions could arise over its monopoly status in the EV sector, and use […]
Ferrari’s (NYSE:RACE) Monza Supercars Big Boost to Earnings $RACE Ferrari (NYSE:RACE) plans to sell 499 units of the Monza SP1 and SP2 Supercars at $1.85-M each. Over 2 years of production, that will generate an additional $755-M in revenue. The figure is the Italian price and includes a 22% VAT, which means just over $1.5-M […]
S&P 500 Earnings Preview: Q-3 Y 2018 $SPY, $JPM, $C, $WFC, $USD Earnings reporting period is here once again, and it always commands a great deal of attention because earnings drive stock prices over the long term. The S&P 500 has been underpinned by impressive earnings growth. The Q-3 reporting frame, which begins in earnest […]
Tesla’s (NASDAQ:TSLA) Embattled CEO, Chides Funds That Lend Shares to Short-sellers $TSLA, $BLK, $VTI Accused by Tesla’s (NASDAQ:TSLA) CEO Elon Musk of making “excessive profit” by lending shares to *Short-sellers, Top index fund companies shot back Friday that they are only looking out for their investors. The responses from BlackRock Inc and Vanguard Group came […]
Buybacks to Top Use of S&P 500 Companies’ Cash in 2019 $GS, $SPY S&P 500 companies will increase cash spending by 13% to $3-T in Y 2019, with buybacks again expected to represent their largest use of cash, according to Goldman Sachs (NYSE:GS). Of the estimated cash spending in Y 2019, S&P 500 companies will […]
Box Office Revenue in North America Marks Record High in October $SNE, $TWX, $CMCSA, $LGF, $FOX ‘Venom’ take $80-M ‘A Star Is Born’ takes $42.6-M Overseas, ‘Venom’ take $125.2-M for a global bite of $205.2-M, revenue in North America hits a record high for the month of October thanks to the combined power of the […]
Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]
Ferrari (NYSE:RACE) to Launch 15 New Models by 2022 $RACE Ferrari confirmed the development of a new V6 hybrid powertrain Ferrari (NYSE:RACE) is planning a huge model line up in the next few years. During an investors meeting this week outlining its future plans, the automaker announced it will launch 15 new models by Y […]
Market Up, Tesla (NASDAQ:TSLA) Down $TSLA, $SPY, $DIA, $QQQ Tesla (NASDAQ:TSLA) closed Thursday in New York at 289.46, moving down 0.35% from the priortrading session. This change lagged the S&P 500’s 0.53% gainer on the day. Elsewhere, the DJIA gained 0.57%, while the tech-heavy NAS Comp added 0.75%. Coming into today, shares of the electric […]
Strong US Sales to Ease Profit Concern into 2019 $SPY A healthy outlook for US revenue growth will assuage stock investors concerned about the effect on corporate profits from tax cuts wearing off next year. S&P 500 (NYSEArca:SPY) revenue growth, which hit 9.5% in Q-2, its fastest pace since Y 2011, is estimated at 8.2% […]
Targets (NYSE:TGT) Q-2 Revenue, Profit Beat the Street Estimates $TGT Target Corp.’s Q-2 sales and profit beat estimates on Wednesday, helped by strong online sales and higher customer visits that grew the most in a 10 years, shares are trading nearly 5% higher as of this writing The Minneapolis-based retailer also raised its profit forecast […]
Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year $BTCUSD TechCrunch has learned through a company fund raising overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2-B in Q-1 of Y 2018. Despite a slump in bitcoin prices since the beginning of the year, the company is on track […]
Ferrari (NYSE:RACE) Posted Strong Earnings in Q-2, Selloff Overdone $RACE Ferrari posted a rise in Q-2 earnings and stayed the course on full-year guidance. Strong sales of the Ferrari 488 suite of sports car and the big-engined 812 Superfast aided the result The iconic Italian supercar maker Ferrari (NYSE:RACE) reported a 7% rise in Q-2 adjusted core earnings, […]
Ferrari (NYSE:RACE) Stock Falls on New CEO’s ‘Aspirational’ Statement $RACE Ferrari posted strong earnings for Q-2 and confirmed its revenue estimates for Y 2018 Ferrari’s (NYSE:RACE) shares fell Wednesday after the new CEO told analysts that an annual revenue target set by the late former CEO, Sergio Marchionne, was “aspirational.” CEO Louis Camilleri, 63 anni, […]
Wall Street On Track For Banner Year! $DIA, $SPY, $QQQ, $RUTX, $VXX Despite the persistence of geopolitical and economic risks, the backdrop is constructive There are more catalysts in the market and more participation. Wall Street trading desks’ revenue is on track for the best year since 2011, Q-2 earnings reports from big US banks […]
METALLA ROYALTY & STREAMING LTD. (TSXV:MTA; OTCQX:MTAFF; Frankfurt:X9CP) $MTAFF, $SLV, $GLD Market Cap C$ 58-M, C$ 0.76/share METALLA’s PRODUCTION RESULTS AND GUIDANCE FOR FY 2018 & 2019 $MTAFF, $SLV, $GLD Metalla Royalty & Streaming Ltd. announced preliminary production results for the 12 months ended 31 May 2018 of 519,791 oz of attributable Silver, where 429,315 oz. were sold and provisionally invoiced and […]
Ferrari’s (NYSE:RACE) Stock Broke Out Marking New 52 Wk Highs $RACE Ferrari is the world’s #1 Automotive Brand, and a Aristocrat stock. Ferrari (NYSE:RACE) marked a 52-wk high on the week, and now has 154.86 target or 4.00 % above Friday’s close in New York at 148.90/share. The chart is Very Bullish and indicates low risk […]
Ferrari (NYSE:RACE) is an Aristocrat stock, it Pays Dividends $RACE Ferrari is HeffX-LTN’s Stock of the Year, sees a Bullish Breakout, there is no resistance. Ferrari (NYSE:RACE) is HeffX-LTN’s stock of the Year fueled by accelerating earnings growth. The iconic Italian Supercar maker’s shares rallied 2.4% to 143.96 on NYSE Wednesday breaking overhead resistance at 141.66 in it […]
Ferrari’s (NYSE:RACE) Earnings, Profits Running Ahead of ‘Expert’ Estimates $RACE When Ferrari (NYSE:RACE) came to market in October 2016 sector analysts and investors worried the shares were too expensive because they were valued as if it was a luxury goods company, not a car maker. To the naysayers’ dismay Ferrari’s performance on the stock market […]
Ferrari (NYSE:RACE) is a High Performance ‘Machine’ $RACE Ferrari, the world’s Top automotive brand, is an iconic performance machine, and not just its Supercars. A look the financial performance shows exceptional performance, too. No car maker in the sluggish, low valation sector has data that apply to Ferrari. The Q-1 data showed strong earnings of […]
Ferrari (NYSE:RACE) the World’s #1 Automotive Brand to Report Q-1 Earnings $RACE The iconic Italian Supercar maker, Ferrari (NYSE:RACE) is scheduled to report Q-1 Y 2018 results before the open Thursday. The Whisper: EPS is seen +10% to 0.88/share on $993 to $1-B in revenue in the Quarter. Ferrari gaped up and closed + 2.72% to […]
Moody’s Rates US Credit “Top Notch” at Aaa $DIA, $SPY, $QQQ, $VXX This week Moody’s said that it has maintained the United States’ top-notch “Aaa” credit rating, saying the country’s “exceptional” economic strength would counterbalance lower fiscal strength. The ratings agency also kept its stable outlook on the United States and said it expects Washington to resolve […]
Goldman Sachs’ (NYSE:GS) Beats ‘The Street’ $GS Tuesday, Goldman Sachs Group Inc (NYSE:GS) beat Wall Street’s expectations for Quarterly profit driven by a rise in trading revenue and higher fees from debt and equity underwriting. The leading Wall Street bank’s trading revenue jumped 30% from a year earlier when it reported a 2% fall, hurt […]
Ferrari’s (NYSE:RACE) F1 Budget Tops $570-M $RACE Ferrari (NYSE:RACE) is F1 auto racing’s most famous team and as such has the biggest racing budget. But, in the Maranello outfit’s latest financial statements contain the revelation that its research and development costs are actually reversing. In the past Ferrari’s finances were private. This started to change in […]
Ferrari (NYSE:RACE) the Stock’s Performance $RACE The iconic Italian Supercar maker posted financial results on 1 February 2018, for Q-4 FY 2017, and for FY 2017). The Maranello, Italy-based company’s Quarterly total net revenues and adjusted diluted EPS grew 1% and 3% Y0Y, respectively. This morning, and based on Ferrari most recent new I decided […]
This is Ferrari (NYSE:RACE) The Automotive Aristocrat $RACE The iconic Italian Supercar maker Ferrari (NYSE: RACE) on 1 February said that its adjusted earnings before interest, tax, depreciation, and amortization aka adjusted EBITDA, rose 18% in Y 2017, to EUR 1.04-B, on stronger sales of its most profitable vehicles, the V12’s, and Limited Editions. That result was […]
Ferrari’s (NYSE:RACE) Supercars Drive Stock Prices Higher $RACE Ferrari (NYSE:RACE) attributes its big numbers to its big V12 cars, as its GTC4Lusso, the LaFerrari Aperta and the F12tdf as particularly strong performers. Looking ahead, the company confirmed its outlook for unit sales of 9,000, including the V-12 supercars, and net revenues of more than $3.61-B. […]
Ferrari (NYSE:RACE) Earning’s ‘Whisper’ Numbers $RACE Ferrari (NYSE:RACE) is set to report Q-4 and F-Y 2017 results on 1 February. Notably, in Q-3 Y 2017, the company delivered a positive surprise of 20.8%. The Maranello out has surpassed analysts estimates in each of the trailing 4 Quarters, with an average beat of 27.6%. Over the […]
Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders $JPM, $WFC, $BAC, $C, $GS JPMorgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. The comments came as the […]
Analysts on Boeing (NYSE:BA): ‘Strong Buy’ $BA Rising demand for jet aircraft sales drove Boeing Co.’s (NYSE:BA) stock to the top of the DJIA in Y 2017, and record cash flow to fuel projects, sustain dividends and buy back shares could give it another strong year, analysts say. The resurgence in jet aircraft sales has […]
Box Office: Global Expanded, Domestic Contracted in 2017 $DIS, $CMCSA, $TWX Revenue in North America for Y 2017 dipped 2.3%, but growth at the international box office resulted in a 3% uptick worldwide box. The performance of the Y 2017 worldwide box office was a roller-coaster ride. Attendance fell in North America to a likely […]
Stocks World Wide at Record Highs $DIA, $SPY, $QQQ, $VXX. $DAX The Trump Bull Market Rally is Up and Running Major world stock markets rallied and government bond yields fell Tuesday as strong corporate profits, steady global growth and low inflation provide few alternatives for investors outside of stocks. Equity markets from Asia to Europe […]
Ferrari’s (NYSE:RACE)14-Month Rally “Pauses to Refresh” $RACE. $TSLA, $AMZN, $WMT Shares Ferrari (NYSE:RACE) began a long awaited healthy consolidation of its tire blistering 14 month rally over the past 2 weeks. One analysts actually rates Ferrari a Sell based on the announcement that Tesla (NASDAQ:TSLA) is going to build a $200-K electric sports roadster to compete […]
US Businesses Thriving Despite the Noisy Political News $SPY Washington’s politicians like to take credit for creating jobs. Washington’s macroeconomic policymakers like to claim that their policies have moderated the business cycle. Notably the US economy performs despite Washington actions. In the US economy, competitive and entrepreneurial, profitable businesses create jobs. Profitable businesses have the […]
Ferrari’s (NYSE:RACE) Shares Dipped on Profit Taking Last Week $RACE Ferrari stock (NYSE:RACE) traded on a negative note on the week ended 10 November, and settled at 109.56, or -6.7%, on profit taking after marking an all time high at 121.14 on 3 November. The worst weekly loss for Ferrari stock in the past 9 months. […]
Box Office: Worst Labor Day Take Since 1990’s $LGF, $TWX, $SNE, $IMAX, $AMZN There are no new major releases on this Labor Day weekend for the 1st time in 25 years The box office revenue for the 4-day holiday weekend will be about $100-M, down more than 22% from Y 2016 and likely the worst […]
Ferrari (NYSE:RACE) Stock Trades Higher Than Analysts’ Targets $RACE Notably in Y 2016, Ferrari (NYSE:RACE) outperformed all legacy carmakers and the broader US market (NYSEArca:SPY), with a 21.1% return. And again, in Y 2017 YTD we are seeing a terrific for the iconic Italian Super and HyperSupercar maker. As of 28 August Ferrari stock delivered […]
Box Office: Ticket Sales Dive, New Offerings DOA $LGF, $TWX, $SNE None of the new offerings cleared more than $5-M, so holdover ‘The Hitman’s Bodyguard’ beat ‘Leap’ and ‘The Birth of a Dragon’ to win the weekend with $10-M. Domestic box office revenue fell to its lowest level since the days following the 9/11 terrorist […]
It is important to know what a particular company does and how it makes its money before investing in it. Investing in a business without such knowledge is akin to travelling to an unknown territory without a map. On that note, let’s check out what business Singapore Exchange Limited (SGX: S68), or SGX, is involved in and […]
BHP Billiton Limited (BHP) has surged 0.83% and closed its last trading session at $41.14. Now we will discuss the financial strength of BHP Billiton Limited. The company’s average Piotroski F-Score: 5 during the last 7 years. Its mean Altman Z-Score: 1.65 during the last 7 years, while average Beneish M-Score: -2.64 during the last […]
FactSet Research Systems Inc. FDS reported mixed results for third-quarter fiscal 2017. Adjusted earnings came ahead of the Zacks Consensus Estimate, while revenues missed the same. The company reported adjusted earnings per share of $1.85, which surpassed the Zacks Consensus Estimate by a penny. The figure was toward the higher end of the guided range of […]
Ferrari (NYSE:RACE) Not Tesla is a Money Making Supercar Maker $RACE, $TSLA, $FCAU Last week Tesla earnings (none) were one of the big stories in the auto industry. As usual, the EV maker made No money, but the “spun” news sent the market, analysts, and Tesla “lovers” into a frenzy, what hype. But another company, Ferrari […]
Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes $RACE Thursday, Ferrari (NYSE:RACE), the iconic Italian maker of Supersports and racing cars, reported a 60% increase in Q-1 net profit (22% operating profit margin) on strong sales of some of its highest-powered and highest-priced models. Ferrari’s revenue and profit both beat all analyst expectations, and shares […]
Expecting Ferrari (NYSE:RACE) to Beat Revenue & Earnings Guidance $RACE Shares of Supercar manufacturer, premier F1 racer and purveyor of luxury goods, Ferrari (NYSE:RACE) have been driving higher ever since late June of Y 2016. The stock is up about 100% since its June 2016 low of 38.71, and I believe it has more room to […]
World War 3: Stocks for a “War Portfolio” $LTM, $GD, $BA The Key US defense contractor stocks are up on President Trump’s strong stance against, ISIS’ waring in Syria and North Korea’s ballistic missile threats. The group has been running since the election on President Trump’s campaign promises to boost military spending. Now, the outlook […]
Monday, Ferrari (NYSE:RACE) Stock to Trade Ex-Dividend Monday $RACE, $SPX, $SPY Ferrari (NYSE:RACE) will begin trading ex-dividend on Monday, 24 April . To qualify for a dividend check, investors must have owned Ferrari shares prior this Monday, which is the last day the company’s management will finalize its roster of shareholders to whom it will […]
Many “Blue” States are Broke, Need Money Like O2 Many Blue stat Governors and state legislators say they are running out of money again, and many are demanding tax hikes to close budget gaps. More than 50% the states are facing big deficits this year, and they are mostly Blue states, including: California, Connecticut, Delaware, […]
AAII Sentiment Survey, 23 February 2017 $DIA, $SPY, $QQQ AAII Sentiment Survey: Optimism at 6-Week Highs The AAII Sentiment Survey has been conducted weekly since July 1987 and asks AAII members whether they think stock prices will rise, remain essentially flat or fall over the next 6 months. The survey period runs from Thursday (12:01a […]
Ferrari NV (NYSE:RACE) Stock Hitting New Highs $RACE This year marks the iconic Italian supercar builders’s 70th anniversary, and I believe it will be another year of record unit sales and revenue. and due to the growth in the world markets particular China I expect the company to break its own unit sales forecast. This could drive […]
Ferrari (NYSE:RACE) HyperSupercar Production Drives Record Profits $RACE, $FCAU Ferrari (NYSE:RACE) projects profit spike of at least 8% in Y 2017 with more Special Edition SuperCars like the $2.1-M LaFerrari Aperta, which boosted revenue and earnings to record highs in Y 2016. Ferrari’s shares to all time highs last week marking 65.12 on Friday, 2 […]
AAII Sentiment Survey, 2 February 2017 Neutral Sentiment Rises to Highest Level Since Early November 2016 $DIA, $SPY, $QQQ, The AAII Sentiment Survey has been conducted weekly since July 1987 and asks AAII members whether they think stock prices will rise, remain essentially flat or fall over the next six months. The survey period runs […]
Ferrari (NYSE:RACE) Beat the Street, Stock Spikes $RACE, $FCAU Thursday, the iconic Italian luxury carmaker reported a 38% rise in Q-4 adjusted core earnings and gave a strong guidance for Y 2017, driving its NYSE listed shares us more than 4% on the day. Ferrari was spun off from Fiat-Chrysler (NYSE:FCAU) in October 2015, said adjusted EBITDA […]
Ferrari (NYSE:RACE) Expanding Its Global Presence $RACE, $FCAU Ferrari (NYSE:RACE) is set to report Q-4 of Y 2016 results before the market open on 2 February. Last Quarter, the company delivered a positive earnings of 22.22%. Looking forward to seeing this announcement as Ferrari is expanding its presence worldwide. Ferrari was until October 2015 a […]
F1: Liberty Media (NASDAQ: ) May Change Prize Money Structure $RACE, $LMCA Formula 1’s future owners Liberty Media (NASDAQ:LMCA) has hinted that the Trier 1 motorsport’s prize money structure could change, and that Ferrari (NYSE:RACE) may lose some financial privileges it has enjoyed for a generation, thought not likely in fact. With Liberty is moving […]
HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX) $ABX Barrick Gold Corp. (NYSE:ABX) reported the earnings of 0.24/share in the last Quarter where the estimated EPS by analysts was 0.21/share. The difference between the expected and actual EPS was 0.03/share, which represents a surprise of 14.3%. Analysts are providing their estimated earnings analysis for Barrick Gold, […]
Early Last Year I Wrote That Apple’s (NASDAQ:AAPL)Tim Cook Should Be Sacked $AAPL, $GOOGL Apple (NASDAQ:AAPL)penalized CEO Tim Cook for the iPhone maker’s 1st sales slump in 15 years with a 15% pay cut. Mr. Cook still did extremely well, with a compensation package valued at $8.7-M for Apple’s FY that ended on 24 September according […]
Marijuana Legalization in USA Triggering Keen Investor Interest $GWPH, $INSY, $CARA, $MON, $ADM Marijuana legalization in the USA has brought keen interest among investors seeking to profit from a growing and very valuable cash crop. The states of California, Nevada, Massachusetts, Maine, Florida, North Dakota, Arkansas and Montana have approved measures to allow the Medical […]
Ferrari (NYSE:RACE) Shares Driving Higher $RACE Ferrari (NYSE:RACE) shares have come off their 27 July 2016 lows at 37.41, and are driving higher, headed to all time highs Ferrari is a Bullish proxy for the high end market. The prevailing sentiment is that the high end market will continue to do well as long as […]
American Beverage Association Spending Millions Fighting “Soda” Tax $KO, $PEP A recent series of measures to tax sugary drinks, in an effort to fight obesity and diabetes, are forcing soda companies such as Coke (NYSE:KO), and Pepsi (NYSE:PEP) to reinvent themselves and diversify not only their business model, but their public image Voters and lawmakers […]
Media Industry Consolidation Coming on the Massive Changes in How People Watch TV $DIA, $SPY, $QQQ, $VXX The tie-up of AT&T Inc.(NYSE:T), and Time Warner Inc.(NYSE:TWX), bringing together 1 of the country’s largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation […]
US Removes Restriction Limits on Cuban Cigars Friday, the Obama Administration announced that it is eliminating a $100 limit on the value of Cuban Cigars and Rum that American travelers can bring back from the island. The administration is also lifting limits on cargo ship travel between the US and Cuba and easing US and […]
Ferrari (NYSE:RACE) is a Very Profitable Company $RACE Last October, Ferrari (NYSE:RACE) was spun off from Fiat-Chryler (NYSE:FCAU), and the company is very profitable. On 8 July the stock closed at 41.25 and my Key indicators all turn Bullish, and I announced my 2016 Q-4 target at 56/share, Tuesday it hit 54.18 on the way […]
Ferrari (NYSE:RACE) a Bullish ‘Battleground’ Stock $RACE, $FCAU, $F Ferrari (NYSE:RACE) is an issue that I am strong on. On the 60 open the stock was an easy short, but as the subsequent decline bottomed, many analysts turned Bullish on a valuation basis. Ferrari is not a “me-too” car company and it deserves a much […]
GAWK, Inc. to Hold Investor Conference Call for Q-2 2016 Financial Results $GAWK Los Angeles, CA…September 27, 2016… GAWK Inc. (OTC PINK: GAWK) announced today that it will discuss its second quarter 2016 financial results with shareholders and other interested parties, at 4:00 PM EDT, September 28, 2016. The Company filed its quarterly report with […]
Belt and Road Initiative Showing Positive Results Trade between China and the Belt and Road countries exceeded US$600-B, 26% of China’s total foreign trade volume, during the 1st 8 months of Y 2016, said Fang Aiqin, deputy head of the Ministry of Commerce. Fang was speaking at a seminar on the Belt and Road Initiative […]
Twitter (NYSE:TWTR) Explores a “Slow Rolling” Auction of Itself $TWTR, $GOOGL, $CRM, $VZ, $SQ Twitter Inc. (NYSE:TWTR) has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said Friday. Thus, signaling the beginning of a “slow-rolling” auction of the high-profile, money-losing social media company. For months the company […]
GAWK, Inc. Files Form 10Q, Reports Company Revenue Jumped 136% $GAWK Los Angeles, CA…September 22, 2016… GAWK Inc. (OTC PINK: GAWK) announced today that the Company filed its Quarterly Report on Form 10-Q for the period ended July 31, 2016. For the three months ended July 31, 2016, revenues surged to $1,319,429, or 136%, from […]
F1’s New Owner, Liberty Media, to Expand the Iconic Brand $LMCA, $LBTYB New F1 Chairman, Chase Carey, Vice Chairman of 21st Century Fox says changes are in store for Formula 1 Formula One Group’s new Chairman Chase Carey said Sunday in Singapore that Liberty Media’s purchase of the world’s #1 motorsport is not solely aimed […]
Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7 $AAPL If you are looking to buy Apple’s (NASDAQ:AAPL) new iPhone7 smartphones Friday you has better have ordered ahead. As some stores sold out, leaving those who purchased online with the best chance to get the latest models. Apple stores around the world turned away customers who […]
GAWK Rolls Out Encrypted Social Media SMS for Major Client $GAWK Los Angeles, CA…September 13, 2016 – GAWK Inc. (OTC PINK: GAWK) announced today the debut of a new social media product, GAWK SMS. Scott Kettle, CEO of GAWK, said, “GAWK has developed an application targeted specifically for the non-profit and affiliate marketing arena, and […]
GAWK MARKEDLY EXPANDS INTERNATIONAL SALES FORCE Los Angeles, August 30, 2016 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that the Company has initiated a new global distribution channel for the Company’s telecom services of wholly owned subsidiary, Connexum, with Telcorp International, with over 5,000 agents, representing more than 100 carriers nationally […]
Jodi Carrier, New Vice President of Business Development at GAWK $GAWK Los Angeles, CA–August 23, 2016 – GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that the Company has hired Jodi Carrier as Vice President, Business Development, for GAWK. “Jodi, long a progressive influence in the telecommunications industry, was retained to address the […]
US Corporate Profits Fall, US Government Deficit Rises $DIA, $SPY, $QQQ, $VXX The federal government last month recorded the biggest monthly budget deficit since February, and the deficit so far this budget year is running 10% higher than a year ago. The US Treasury Department said Wednesday that the deficit came in at $112.8-B in July, […]
Reform, Innovation Driving Chinese Economy When Shanghai INESA held its first technology meeting in Y 2010, a board erected at the door of the meeting room had almost nothing to display as there were no “decent” quality products at that time. But things became different when the instruments and electronics products manufacturer held its second […]
Earnings Reports to Watch this Week $DIS, $SCTY, $VRX, $YELP, $SHAK, $BABA, $KSS, $M, $JWN, $JCP HeffX–LTN has put together a preview of some of the major companies reporting their Quarterly results this week and what to expect. And have included the consensus earnings estimates from Thomson Reutersm the stock price and trading history. Note: […]
Ferrari (NYSE:RACE) Beat Analysts Expectations $RACE Ferrari NV’s (NYSE:RACE) Q-2 profit beat expectations as Supercar sales in China rose along with plans to boost margins with more Special-Edition vehicles. Adjusted earnings before interest and taxes jumped 26% to EUR 156-M ($175-M), beating an average estimate of EUR 134.9-M from 7 analysts surveyed. Revenue increased 5.9% to […]
Macao’s ‘Games of Fortune’ Revenue Down $4.5% in July Macao’s gaming (GoF) recorded about 17.8-B patacas (about US$2.2-B) gross revenue in July, registering a decline of 4.5% Y-Y. The SAR (special administrative region’s) Gaming Inspection and Coordination Bureau published the monthly revenue information on its website Monday. According to the data, games of fortune has […]
GAWK Closes Acquisition of Xtelus, Bringing Annual Revenue to $7-M Los Angeles, CA…July 12, 2016 – GAWK Inc. (OTC PINK:GAWK) Scott Kettle, CEO, today announced that the Company has acquired the VOIP assets of Xtelus LLC, a North Carolina LLC and Xtelus S.A, a Dominica International Business Company. “This new addition to GAWK will put […]
Saudi Arabia and Iran’s Crude Oil Price War $OIL The price of Crude Oil has stabilized around the Key level of 50 bbl, which is the OPEC target for the end of Y 2016. Disruptions of production in several countries, including Libya, Nigeria and Venezuela, and the anticipated higher Summer demand in the United States […]
GAWK Creates Revenue, Runs Fiber to Light 2nd Office Bldg with “Last Mile” Technology $GAWK Los Angeles, CA…June 28, 2016 – GAWK Inc. (OTC PINK: GAWK) announced the second successful implementation of its ‘Last Mile’ connection service by running over 100 strands of fiber to another office building adding 426,000 sq. ft. to its growing […]
Firms Covering Ferrari (NYSE:RACE) Rate it a “Hold” Ferrari (NYSE:RACE) has been assigned a “Hold” recommendation from 11 ratings firms covering the stock, 2 rated it with a Sell recommendation, 4 have assigned is a Buy. The average 12 month target price among analysts that have issued ratings on the stock in the last year […]
GAWK Rolls Up 4th Acquisition, Anticipates Adding $1-M in Annual Revenue $GAWK Los Angeles, CA…June 21, 2016 – GAWK Inc. (OTC PINK: GAWK) Scott Kettle, CEO, today announced that the Company has signed a Letter of Intent to acquire the VOIP assets of Xtelus LLC, a North Carolina LLC and Xtelus S.A, a Dominica International […]
Apple’s (NASDAQ:AAPL) Shares Seen Falling Further $AAPL After dropping more than $200-B in market cap in 1 year, Apple shares could fall further as they are set to lose their weighting and be reclassified in the annual reconstitution of the Russell indexes. When all is said and done, about $1.3-B worth of shares will be […]
GAWK, Inc. Files Form 10Q, Reports Company Revenue Up 2,393% $GAWK Los Angeles, CA…June 15, 2016… GAWK Inc. (OTC PINK: GAWK) today announced that on June 14, 2016, the Company filed its Quarterly Report on Form 10-Q for the period ended April 30, 2016, with the U.S. Securities and Exchange Commission. In the filing, the […]
GAWK, Inc. Files Form 10K, Reports Company Revenue Up 984% Los Angeles, CA…May 25, 2016 – GAWK Inc. (OTC PINK: GAWK) today announced that on May 24, 2016, the Company filed its Annual Report on Form 10-K for the year ended January 31, 2016 with the U.S. Securities and Exchange Commission. In the filing, the […]
Analysts Questioning the Very Existence of SolarCity (NASDAQ:SCTY) $SCTY Last week SolarCity Corp. (NASDAQ:SCTY) reported Q-1 adjusted diluted net loss per share of 2.56 on revenues of $122.6-M. In the year-ago Quarter, the company reported a net loss per share of 1.52 on revenues of $67.48-M. The loss was deeper than expected, but what really […]
Bear Market “Radar” on High Alert $DIA, $SPY, $QQQ, $VXX The US Securities and Exchange Commission is set on putting a stop to the accounting methods that artificially inflate company profits. According to an industry notice he SEC is getting ready to step up its scrutiny of companies’ “homegrown earnings measures,” signaling it plans to […]
Dubai Headed to a Period of Accelerated Growth Dubai is weathering the Crude Oil-led economic slowdown afflicting its GCC neighbors and will enter a period of “rapid acceleration” in the buildup to the Expo 2020 trade fair, the International Monetary Fund says. Speaking to the media, the IMF’s mission chief for the UAE, Zeine Zeidane, […]
UBS Bullish Ferrari (NYSE:RACE) Ups Price Target $RACE, $UBS UBS (NYSE:UBS) analysts reiterated its Buy rating on Ferrari (NYSE:RACE), and raised the price target to 50.00 from 48.00, following the company’s Q-1 earnings report. Monday UBS Analyst Michael Binetti noted: “Despite beating Q-1 estimates and raising 2016 guidance, RACE’s stock has pulled back slightly due to: […]
Ferrari (NYSE:RACE) to Introduce New Luxury Merch in 2017 $RACE Expect Ferrari (NYSE:RACE) to introduce new luxury merchandise in Y 2017, as the luxury Supercar maker continues to seek new business opportunities beyond its iconic sports and racing cars. The company plans to transform into a luxury brand that does more than sell sports cars […]
Ferrari (NYSE:RACE) Posts Q-1 Results, Beats Street Estimates $RACE Ferrari NV (NYSE:RACE) raised forecasts for Y 2016 after sales of new sportscars helped profit rose 11% in Q-1, the Italian manufacturer’s 1st as an independent company. Adjusted EBITDA will total at least $918-M, Ferrari said late Monday in a statement, beating Wall Street estimates Chairman Sergio […]
LTN Looks At US Entertainment Giant’s Quarterly Earnings $CMCSA, $DWA, $DIS, $FOX, $TWX, $VIA, $CBS, $SNE Strong advertising trends and signs of improved pay TV subscriber momentum will be Key trends when big Hollywood report their latest Quarterly earnings over the next 1 weeks, according to Wall Street analysts. And that could mean that film […]
Emaar Hospitality Plans 35 New Hotels and Residences Dubai property giant to add 14 hotels and 11 serviced apartments to portfolio Dubai property developer Emaar’s hospitality unit has unveiled plans to launch 35 new hotels and serviced residences under its Address, VIda and Rove brands. Under the plans, the company will add 14 new hotels […]
China Bans Key Apple (NASDAQ:AAPL) Service, Growth Dampened China’s blocking of Apple mobile entertainment services in presents fresh challenges for the giant tech company as it prepares to report its 1st-ever fall in iPhone sales. specifically Apple movies and book store were shut down by the government. The news on Thursday that Apple’s online book and […]