|Bid||63.32 x 1100|
|Ask||63.33 x 1300|
|Day's Range||63.18 - 64.25|
|52 Week Range||63.18 - 75.27|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.97|
|Expense Ratio (net)||0.31%|
Comcast’s (CMCSA) long-term debt at the end of the second quarter of 2018 was $61.9 billion, up from $57.2 billion in the prior year’s quarter. The cable giant is looking to raise cash through a bond sale worth $27 billion for its $40 billion acquisition of Sky, which would further burden the company. Despite Comcast’s debt sale of $27 billion, which was one of the biggest US (SPY) corporate borrowings of all time, the US broadcaster reportedly committed on October 2 to maintain its credit score and debt levels.
The universe of exchange traded funds targeting environmental, social and governance continues growing. DWS, the asset management and ETF arm of Deutsche Bank AG (USA) (NYSE: DB ) launched the Xtrackers ...
FireEye (FEYE) continues to see international growth driven by its Helix user interface platform, iSIGHT Intelligence, and Mandiant. The company’s Mandiant service, which includes expert security consulting, incident response, and managed security services, is being adopted by many international companies. Such growing popularity has registered record fiscal second-quarter business for Mandiant.
The disconnect between U.S. equities and international stocks is growing wider, but this disparity will not last forever. After the recent underperformance in foreign markets, exchange traded fund investors may find an opportune moment to jump into relatively cheap global equities. For instance, if one looks at price momentum – it is positive for US stocks and negative for Europe and Emerging markets across all relevant lookback windows [one month, three months, six months and 12 months].
Teva Pharmaceutical Industries (TEVA) reported its Q2 2018 earnings results yesterday. Its sales fell ~18% YoY (year-over-year) to $4.70 billion, missing analysts’ estimate of $4.74 billion. In comparison, its sales fell 10% YoY to $5.1 billion in Q1 2018.
Earlier this month, GoPro (GPRO) revealed that it has sold over 30 million HERO cameras since the launch of the first HD model in November 2009. GoPro attributed the sales to product quality, which has made HEROs the best-selling camera in North America for 17 consecutive quarters.
Facebook (FB) delivered its slowest-ever user growth rate in the second quarter, which pulled down its stock more than 20.0% in after-hours trading on Wednesday. Facebook’s sluggish user growth also adversely impacted its top-line growth in the quarter. Both revenues and global daily users lagged behind analysts’ expectations in the second quarter.
Below are the key economic indicators that investors should watch this week: German Ifo Business Climate Index Eurozone ZEW Economic Sentiment Index German ZEW Economic Sentiment Index Eurozone inflation Eurozone consumer confidence UK inflation Series overview
Amid increased volatility, fueled by global trade tensions, investors reduced risk in June, departing equity funds in favor of fixed income funds. Recent data from Morningstar indicate June 2018 was the ...
A version of this article was published in the April 2018 issue of Morningstar ETFInvestor. Download a complimentary copy of Morningstar ETFInvestor by visiting the website. Edwin Lefevre's classic tome, Reminiscences of a Stock Operator, chronicles the career of Jesse Livermore, an infamous trader from the early 20th century.
After surging last year, ex-US developed markets exchange traded funds are struggling this year. For example, the widely followed MSCI EAFE Index is lower by more than 4% year-to-date. The iShares MSCI EAFE ETF (EFA) , which tracks the MSCI EAFE Index and is the largest international equity ETF in the U.S., is coming off a rough June that saw the ETF make some ominous technical moves.
Key emerging market economic indicators released in the past week include the following: India manufacturing PMI India final services PMI Indonesia manufacturing PMI Mexico manufacturing PMI Brazil final manufacturing PMI Russia final manufacturing PMI China final manufacturing PMI China final services PMI Brazil final services PMI Russia services PMI
With the dollar strengthening, now is the ideal time for investors to reconsider the advantages of hedging currency risk with international equities and exchange traded funds, such as the iShares Currency ...
The once-sluggish U.S. dollar is roaring back with vengeance. For the 90 days ended May 15, the PowerShares DB US Dollar Bullish ETF (NYSE: UUP ) returned 4.7 percent. While dollar strength is not yet ...