SHANGHAI (Reuters) - China's economic growth may be as high as 7.3 percent this year, partly due to falling commodity prices, the official Xinhua news agency quoted an academic advisor to the central bank's monetary policy committee as saying on Saturday.
I'm not buying that. This seems to be more options motivated imo! I believe both Apple and Gilead will report earnings on Jan. 27th. Both should overwhelm!
Thanks Express Scripts! Sell this POS!
They present at 11:30 ET at J P Morgan Biotech conference today. This could be some gyration ahead of their presentation. Only negative I can see is more fear over HepC competition. BMY just announced they are speeding up their participation in the space. Price wars! Overdone imo!
Fund mgrs don't always look at the details but the headlines. We know that had it not been for Obamacare premium, GILD would have beat the street at 2.05 eps not the 8 cent miss that is being broadcasted callously by the media. The revs have tripled for a year ago and Harvoni is just coming on board. I reiterate this is a 'SCREAMING BUY!"
You can blame some shortfall on strong U.S. dollar but same store sales in domestic business means they are losing to competition. Wendy's, Burger King, Hardee's are taking market share. The dividend is their only saving grace or it'd be down 20%.
Heavily shorted below its 50 dma. Short interest is high in GILD. Will be under pressure until earnings imo!
Very few posts here are relevant to CSCO!
In a report published Monday, Societe Generale analyst Andy Perkins upgraded the rating on Apple Inc.
AAPLfrom Hold to Buy, while maintaining a price target of $140, on continued growth in the company's revenues.
Apple is expected to report robust F3Q15 results, driven by strong sales of Apple Watches and improved iPhone sales volumes. The company's total sales for the quarter are expected to be $50.2 billion, with gross margin of 39.1 percent and an EPS of $1.84.
Sentiment! There was no reason for it to have sold off from previous highs! Should easily see $140 after earnings tomorrow.
Looking ahead, Gilead raised its outlook for full-year 2015 product sales by $1 billion to between $29 billion and $30 billion. The company's shares, which rose 2.3 percent to close at $113.07 on Nasdaq, were up another 2.3 percent at $115.82 after hours.
Chinese are elated. No longer having to travel to U.S. to enjoy theme parks. Now will be in their very own backyard. Anyone who isn't getting into Disney ahead of this is a fool!