|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||65.91 - 66.55|
|52 Week Range||65.15 - 75.27|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.32%|
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 ...
Currency-hedging won't always help performance and could hurt tax efficiency, but it should consistently reduce volatility. Its diversified portfolio captures a large chunk of the available foreign market capitalization while also hedging currency risk. The fund tracks the MSCI EAFE 100% Hedged to USD Index, which covers stocks from the MSCI EAFE Index while hedging currency risk.
Major emerging market economic indicators released in the past weeks include the following: India’s manufacturing PMI (purchasing managers’ index) Brazil’s manufacturing PMI Russia’s manufacturing PMI China’s manufacturing PMI India’s service PMI China’s service PMI Brazil’s service PMI Russia’s service PMI Indonesia’s manufacturing PMI Mexico’s manufacturing PMI
On Friday, Ericsson (ERIC) stock surged more than 17% after the telecom equipment maker posted profits for the first quarter of 2018. Ericsson closed the day up $1.14 at $7.78 on the company’s better-than-expected earnings in 1Q18. The company noted that its turnaround strategy has been bearing fruit, which is helping to reduce losses and boosting investors’ confidence, as is reflected in the stock price.
Some new exchange-traded funds are well-timed. Others, not so much. To be fair, good timing with new ETFs is often a matter of coincidence, but as the old saying goes, “it's better to be lucky than good.” ...
One of the more notable themes in the world of exchange-traded funds last year was investors affinity for international equity funds. When 2017 drew to a close, five of the year's top 10 asset-gathering ...
Recently, Melita announced that it has partnered with Ericsson (ERIC) to modernize its mobile networks. Melita is a telecommunications company that provides services in verticals including cable television, broadband Internet, and mobile telephone. Melita Mobile should now be able to provide customers with a 4.5G mobile network with initial Internet speed up to 200 Mbps.
Nokia (NOK) has a dividend yield of 4.4%, indicating an annualized payout of $0.24 per share and a dividend payout ratio of 61.2%. Peer companies Cisco (CSCO), Juniper (JNPR), and Europe’s (EFA) Ericsson (ERIC) have dividend yields of 3%, 2.9%, and 2%, respectively. The company completed its share repurchase program of 1 billion euros as well as its 7 billion capital structure optimization program, which it announced back in October 2015.