earnings coming tomorrow after close.
New CFO emphasizes cost control-cutting cost and hiring ,there maybe something else
Has anyone told Yum management Chinese likes to eat Chinese food, just like Americans eventually go back and eat a burger?
fried chicken fried in dough is not like crispy skin roast chicken ,there is no such thing as eggroll, they have spring roll and it is not an appetizer before a meal.
It has always been like this going into earnings annoucement -Google will release earnings on Thursday after close.
But running up 30 points just in 2 days,will they take profit tomorrow or hold on to it until friday?
Why did they not mention competition from Facebook and TWITTER.
Facebook is cutting cost per click, if a person just click 'like it',there is no charge.
Why did wall street not mention the decline of PC,Intel ,AMD and MSFT would all be affected ,so would GOOGLE
Retail sales has not been robust,so there may not be too many goods being made to meet the demand ,so do we need transportation
AMD just announced weak PC sales.
We are sure not exporting MAINE LOBSTERS to Greece
GBX,TRN,RAIL are all falling,the DJ transportation index has not been in line with the other DJ indices.
Dow theorists always said if the march is not confirmed by DJ transport,it is not a bull market.
You can see what happens now
Get a copy of Value line - it spun off some pipelines but still own them and these pipelines are not doing well due to price of crude,also interest rate is expected to be raised this year which hurts utility stock and being in Houston ,capital of OIL USA does not help.
But I agree, Houston is diversified and not doing badly, but look at all the electric utility stocks,who is doing well in the rate rising environment,but for CNP it is a triple whammy -oil, rate and Houston
It usually takes 1-2 days,first the institutions sell,then the small investors who come home from work,they sell the next day.
float is very small ,total shares issued also small.so this is a very volatile stock.
GBX dropped today and ARII went ex,double whammy
This is May 28th so it is old news-
JPMorgan’s Michael Gambardella and team note that Century Aluminum (CENX) will feel the impact of lower aluminum prices more than Alcoa (AA) will. They explain why:
We are lowering our estimates and price targets for aluminum producers, Alcoa and Century Aluminum, based on our Commodity Research team’s lowered aluminum regional premiums. Our metal strategist believes that the European premium has bottomed at $90/mt and the U.S. Midwest premium at $0.08/lb (accounting for the shipping cost of $90-110/mt). Given the timing lag in the business, Alcoa and Century Aluminum will not feel the full brunt of the lower premiums until 2H 2015. Our price target for Alcoa declines modestly to $14 from $15 and we remain Neutral on the stock as the company’s midstream and downstream segments are able to shield the impact of lower aluminum premiums. On the other hand, given that Century Aluminum is a primary aluminum metal producer and highly leveraged to changes in the LME aluminum price and regional premiums, our Century Aluminum price target falls to $5 from $7 and we remain Underweight.
Shares of Alcoa have dropped 1.1% to $12.65 at 1:51 p.m. today, while Century Aluminum has plunged 6.7% to $11.47.
well,it is worth being the whistle blower then?
what did Harmon really do to earn that much?