|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||142.19 - 143.26|
|52 Week Range||125.63 - 151.28|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.10%|
The Dow Jones Industrial Average climbed over 150 points to start Tuesday's market session as construction and mining equipment manufacturer Caterpillar led the way, gaining 2.5%. Despite facing challenges related to the tariff battle between the United States and China, Caterpillar increased its adjusted earnings per share forecast to a range of $11 to $12 from $10.25 to $11.25--adjusted profit range of $6.6 billion to $7.2 billion. Industrial ETFs rose on Caterpillar's gain, such as Fidelity MSCI Industrials ETF (FIDU) --up 0.66%, Vanguard Industrials ETF (VIS) --up 0.71% and Industrial Select Sector SPDR ETF (XLI) --up 0.74%.
Vísað er til tilkynningar frá 27. júní 2018 um niðurstöður hluthafafundar þar sem samþykkt var að lækka hlutafé félagsins um kr. 250.000. 000 að nafnvirði sem og tilkynningar frá 17. júlí 2018 um að fyrirvörum ...
The latest upbeat industrial production data made the case even stronger as the American economy continues to look healthy despite trade tensions. As such, many industrial ETFs and stocks are poised to surge in the coming weeks.
The monthly establishment survey conducted by the U.S. Bureau of Labor Statistics includes a report on the number of hours worked by manufacturing (FXR) sector workers. An increasing number of working hours in this sector is a positive sign for the economy. Increasing working hours in the manufacturing sector (IYJ) indicates that employers are anticipating higher demand, which is a strong signal for the economy.
E*TRADE Financial Corporation today announced it has surpassed 250 commission-free ETFs with the addition of 46 ETFs from six providers to its Commission-Free ETF Pr
VIS Containers Manufacturing Co Ltd (ATSE:VIS) is a small-cap stock with a market capitalization of €4.67M. While investors primarily focus on the growth potential and competitive landscape of the small-capRead More...
For VIS Containers Manufacturing Co Ltd’s (ATSE:VIS) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. TheRead More...
The US Census Bureau publishes a monthly report that tracks new orders for machinery, tools, and equipment for US industries. This data is released by the US Census Bureau through the Manufacturer’s Shipments, Inventories, and Orders (or M3) survey. Capex spending by industry can be assessed through this economic indicator.
The Institute of Supply Management (or ISM) publishes a monthly manufacturing (FIDU) report on changes to new orders, supplier deliveries, inventories, production, and employment. The institute constructs 11 indexes using this survey and the ISM new orders index captures the changes in the level of new orders at the producer (RGI) level, which acts as an important forward indicator and thus finds its place in the Conference Board Leading Economic Index (or LEI). The ISM new orders index has an overall weight of 15.9% on the Conference Board Leading Economic Index.
The US Bureau of Labor Statistics conducts the monthly establishment survey and reports the number of hours worked by the manufacturing (FXR) sector workers. The manufacturing sector (ITA) employs a large portion of the US workforce, and increasing worker hours is a strong signal for the economy. Increasing working hours in the manufacturing sector (IYJ) is a sign that employers are anticipating higher demand in the future, which is a positive sign for the economy.
In 1Q18, Berkshire Hathaway’s (BRK.B) manufacturing revenue rose YoY (year-over-year) to $12.9 billion from $12.1 billion due to growth across industrial, consumer, and building products, reflecting favorable domestic manufacturing policies.
The Industrial Select Sector SPDR (XLI) , the largest exchange traded fund tracking industrial stocks, and rival industrial ETFs are lagging broader equity indexes in significant fashion. For example, XLI entered Wednesday with a year-to-date loss of 4.6% while the S&P 500 was lower by just 0.3%. Some big-name industrial stocks have been slammed on fears of an escalating trade war between the U.S. and China, the world’s two largest economies.
The Industrial Select Sector SPDR (NYSEArca: XLI), the largest exchange traded fund tracking industrial stocks, is down about 3% year-to-date while the S&P 500 is modestly higher. That may not seem like ...
Durable goods orders are an economic indicator that shows new orders placed with domestic manufacturers for delivery of high-value factory hard goods. The US Census Bureau publishes this report and the data required to prepare this report is collated from the US Census Bureau’s “Manufacturers’ Shipments, Inventories, and Orders (M3)” survey. The durable goods orders report for March was released on April 26.
3M’s (MMM) Safety and Graphics segment accounted for 21.5% of overall revenue in 1Q18 compared to 20.2% in 1Q17, an increase of 1.3 percentage points to its overall contribution to 3M’s revenue. In the past year, this segment had seen some divestitures and acquisitions. The growth was primarily driven by 6.9% growth in the form of organic-local currency, and favorable foreign currency translation boosted revenues by 4.9%, while the acquisition revenue of Scott Safety from Johnson Controls (JCI) adjusted to the various divestitures in the segment increased by 3.2%.
Honeywell International’s (HON) Aerospace segment is the company’s most significant revenue contributor. It accounted for 38.3% of the company’s 1Q18 revenue and 37.4% of its 1Q17 revenue, marking a gain of 0.9 percentage points YoY (year-over-year). In 1Q18, the segment’s revenue rose 12.1% YoY to $4.0 billion from $3.6 billion.
The latest data as of March 29, 2018, show that 3M’s (MMM) short interest has fallen. The bearish sentiment in the stock decreased after the stock went through a correction after reaching an all-time high of $258.63. The short interest fell to 1.2% as of March 29, 2018.
Honeywell (HON) is expected to post adjusted EPS (earnings per share) of $1.90 in 1Q18, marking an increase of 14.5% YoY (year-over-year). In 1Q17, HON reported EPS of $1.66. If HON meets EPS estimates in 1Q18, it would mean record first-quarter EPS.
Berkshire Hathaway’s (BRK.B) investments in manufacturing could yield results amid the push for the sector by the Trump administration in recent quarters. This could allow domestic US manufacturers to expand their capacities for intermediates and commodities such as steel. Berkshire Hathaway has maintained a significant stake in the manufacturing sector (VIS) over the years.