Baozun (NASDAQ: BZUN) announces its next round of earnings this Wednesday, August 21. Here's Benzinga's look at Baozun's Q2 earnings report. Wall Street analysts see Baozun reporting earnings of 20 cents per share on revenue of $223.70 million.
The once over hyped cannabis sector is now under pressure as results from the Canadian LPs fail to meet forecasts and the U.S. struggles to approve cannabis at the federal level. Most of the U.S. multi-state operators (MSOs) are down similar amounts this year as the cannabis trade falters in both Canada and the U.S. with one big difference. The company still looks like a minor player in the industry with Canadian companies reporting revenues topping C$100 million and constantly discussing big global expansion plans.
How Much Money Does Everybody Owe? Q2 2019 Edition Every quarter, the Federal Reserve Bank of New York releases data on how much household debt Americans are accumulating. Here's everything you need to know about American debt in Q2 2019.
Biometric passwords are about to go big time and investors should prepare; the goal is to use the sophisticated sensors inside smartphones to do away with passwords once and for all, asserts growth stock expert Jon Markman, editor of Strategic Advantage. Facial recognition, fingerprint scans, voice prints and even physical security keys can do the job faster and better. Diebold Nixdorf (DBD) may not be top of mind when investors think about cutting edge authentication devices.
When rates eventually reach zero in the U.S. amid slowing growth in Europe and China, Bass warns, it will only fan the flames of inequality in America. “The unintended consequences of central bank printing are that it makes the rich even richer, it makes the middle class stay where they are and it makes the poor stay poor,” Bass explained to CNBC.
Walmart Inc sued Tesla Inc , saying solar panels supplied by the electric car maker were responsible for fires at about seven of its stores, according to a lawsuit filed in a New York court on Tuesday. The fires destroyed significant amounts of store merchandise and required substantial repairs, totaling hundreds of thousands of dollars in out-of-pocket losses, Walmart said in the lawsuit. As of November 2018, no fewer than seven Walmart stores, including those in Denton, Maryland and Beavercreek, Ohio, had experienced fires due to Tesla's solar systems, according to the lawsuit.
Jyske Bank A/S, Denmark's third-largest lender, announced in August a mortgage rate of -0.5%, before fees. Mikkel Hoegh, Jyske Realkredit housing economist, explains the dynamics behind the offering on "Bloomberg Markets: European Close."
A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge Ltd is facing an even more uncertain business environment, with a new chief executive who is determined not to get burned again. Gregory Heckman, who joined Bunge's board late last year and took on the CEO role in January, told Reuters in an interview on Tuesday improving risk management at the 200-year-old company is a key focus as he oversees a portfolio review that is expected to last through the middle of 2020. As the trade war enters its second year with no sign of a resolution, White Plains, New York-based Bunge and other grain traders are also navigating weather-reduced crops in the United States, a herd-culling hog disease in China that has slashed demand for soybeans and currency gyrations that have fueled uncertainty in top soymeal exporter Argentina and elsewhere.
The Australian dollar has gone back and forth over the last several sessions, and of course the 0.68 level has offered a lot of resistance. We continue to pull back from that area on short-term charts, but I think at this point it's obvious that the 0.67 level should offer a lot of support. Given enough time, I do think that we roll over and we are starting to go to the bottom of the hammer.
The S&P 500's highest yielding dividend stocks are selling at their biggest discount in nearly 40 years as bond yields across the globe are plunging. Despite mounting fears concerning global trade, weak economic data coming from economic powerhouses like China and Germany, and the brief inversion of the U.S. Treasury yield curve last week, Goldman Sachs recommends a basket of dividend stocks with high growth potential and which are trading at bargain prices. The basket is comprised of stocks from a range of sectors, offering impressive expected dividend yields (DY) for the year and attractive forward-looking price-to-earnings ratios (P/E ratios), including, AT&T Inc.
FIRE refers to the “financial independence, retire early” movement bubbling up in the younger generation these days as a pathway out of the grind — slash expenses, save a bundle and enjoy the freedom that approach ultimately allows. Using the name FluffayPenguin, one anonymous thirtysomething took to Reddit to illustrate his FIRE blueprint, which allowed him to graduate college in 2008 and build a small chunk of change all the way up to $930,000 in savings. Well, for starters, he lived at home half of that time, a choice many millennials are making as housing costs skyrocket.
CACI International Inc (NYSE: CACI) seems poised to achieve sustainable organic revenue growth, given its trailing 12-month book to bill ratio and efforts to align itself more closely with high-priority customer mission areas, according to Credit Suisse. Credit Suisse's Robert Spingarn upgraded CACI from Neutral to Outperform, while raising the price target from $223 to $269. CACI's organic revenue growth could accelerate to the mid-single-digit range after the first quarter of fiscal 2020, Spingarn said in a note.
Studies have shown it is very difficult to predict recessions, interest rates or financial markets. We need to predict future political conditions that will affect tax rates, the health-insurance marketplace and Social Security. Most political “experts” couldn't accurately predict the outcome of our last presidential election the day before it occurred.
President Donald Trump may hate the chatter that the U.S. might be headed for a recession, but that's not stopping some economists with their predictions or other experts in sharing tips for how to survive an economic downturn. Case in point: Bank of America Merrill Lynch is out with a breakdown of the top 12 Internet stocks it says are best positioned to survive a recession. Business Insider has the details of the Bank of America Merrill Lynch report.
Home Depot (HD) reported adjusted earnings of $3.17 per share on $31.03 billion in revenue, beating expectations of $3.08 per share on $30.96 billion in revenue, according to data compiled by Bloomberg. Home Depot has managed to beat earnings estimates every quarter since November 2012, but a couple of issues have been plaguing the home improvement giant in recent quarters, including the wetter-than-normal weather and lumber pricing pressures. Management has also previously said that Home Depot wouldn't feel much pressure from tariffs.
The bullish case for Pilgrim's Pride Corporation (NASDAQ: PPC) is based on a combination of internal initiatives and external tailwinds, according to BMO. BMO Capital Markets analyst Kenneth Zaslow upgraded Pilgrim's Pride from Market Perform to Outperform with a price target lifted from $31 to $36. Pilgrim's Pride introduced multiple internal initiatives to improve its operations, including operational efficiencies and an improved product mix, Zaslow said.
Mark Mobius, co-founder and partner at Mobius Capital Partners, discusses demand for commodities and his outlook for gold. He speaks on “Bloomberg Markets: Asia.
All these are just one downgrade away from being high-yield “junk bonds.” The best data I can find shows that there are roughly $3 trillion worth of BBB bonds and another roughly $1 trillion worth of lower-rated bonds that would still be called “high-yield.” If it happens like last time, the ratings agencies will wait until their fate is already sealed before they cut ratings on these zombies. This is a structural problem with mutual funds and ETFs. When the recession hits, we will see junk bonds — and the riskier end of corporate debt generally — go into surplus.
In this case, an employee takes on a less-demanding job or works part time to transition to retirement. Be aware that when a worker is unable to meet the fundamental duties of a job, a company is not required to make an accommodation. An employer can request that an employee complete a fitness-for-duty evaluation, which determines a person's abilities to safely perform the essential functions of a job without posing a threat to him or herself or others.
The auto industry isn't just dealing with sales declines — car owners are less pleased as well. The annual Automobile Report from the American Customer Satisfaction Index Tuesday reported a 3.7% decline in customer satisfaction in 2019 for an industry-wide score of 79 on its 0 to 100 scale. For mass-market vehicles, consumers gave brands lower marks across all areas except vehicle comfort, which was the only aspect to hold stable.
If you're frantically buying or selling stocks based on what the inversion and the subsequent uninversion of the yield curve is signalling, Jim Cramer has a message for you: Calm down. That's Cramer questioning the wisdom of traders who seem to be reacting to every headline popping up in the financial news cycle these days. Specifically, the television personality and former hedge-fund manager was talking about how stocks were hit hard Wednesday after the 10-year Treasury yield (BX:TMUBMUSD10Y)briefly inverted and slipped below the 2-year yield for the first time since before the 2008 financial crisis.
You — yes, you the investor reading this — have nobody to blame but yourself if you lose your shirt ahead of what looks to be a mild U.S. recession that starts later this year and carries over into the first half of 2020. The logic is simple to grasp: U.S. consumers won't be able to handle tariff-related price increases, while mega corporations delay capital investment due to the high levels of fiscal uncertainty. Take the currently inverted yield curve — an indication of heightened nervousness in risk markets — for example.
This certainly doesn't bode well for them saving enough money to be financially independent in retirement. Now, more than ever, retirement is built on personal savings and it's up to the individual — not the government or employers — to make that dream a reality. The notion of working your entire life while simultaneously stashing away money for your future is something I frequently refer to as, “the great retirement experiment.” Let's take a look at how we got here.
We recently completed a new study that explains a discrepancy that has bothered me for years: the difference between what people could have in their 401(k) plan and the amount that they actually hold. For example, a 25-year-old median earner in 1981 who contributed regularly would have accumulated about $364,000 in combined 401(k)/IRA assets by age 60, but the typical 60-year-old in 2016 had less than $100,000. Four aspects of the U.S. retirement system could explain the discrepancy between potential and actual accumulations at age 60.
But retirees responding to this Quora post said people need to make a few more considerations, such as understanding the transition to retirement may be tougher than expected, being flexible about part-time work and knowing not to overcommit to activities and events in the adjustment period. See: 21 lessons for how to get the most out of life, from a guy who retired at 50 Still, there are a few more lessons. Ensure you're on the same page as your partner Sometimes spouses don't agree on what to do in retirement, and that can have a devastating effect on the relationship — and quality of life.