A dress from the back of Ivanka Trump’s closet is stirring up trouble.
Dewan Housing Finance Corp Ltd is yet to take a decision on bringing in strategic investors, the Indian debt-laden housing finance company said on Monday after a report that it was in talks about selling stake. Earlier this month, the home loan provider said it was keen to sell assets and some of its businesses to improve liquidity, however, it clarified that talks about the matter has not taken place as yet. Shares of Dewan Housing Finance Corp Ltd rose as much as 7 percent in early trade on Monday, after Economic Times reported that Baring Pvt Equity, Bain Capital and Hero Fincorp are in talks to buy a stake in the company.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of GreenTree Hospitality Group Ltd. (NYSE:GHG) as an investment opportunity by projecting its future cash flows and then discounting them to today's value. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. If you are reading this and its not February 2019 then I highly recommend you check out the latest calculation for GreenTree Hospitality Group by following the link below.
Inter Pipeline Ltd. - SVP of Operations * Jeffrey D. Marchant Inter Pipeline Ltd. - SVP of Transportation
I'll then review our Q4 and full year performance before talking more detail about our simplification efforts and how that will help us achieve our 2019 financial goals of sustainable revenue growth and adjusted net income profitability over the second half of the year. In our December 2017 Investor Day, we set several financial goals for 2018 and are happy to report we exceeded all of them. At $695 million, our revenues were above the midpoint of our expected range, at 48.8% our contribution margin was toward the top end of our expected range.
In spite of the bad rap for all the rain, the city is No. on the U.S. News 125 Best Places to Live in the USA survey. There is also a growing startup community to satisfy the millennial urge to pursue more entrepreneurial endeavors or if they have an itch to simply switch jobs frequently.
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Silicon Laboratories Inc. (NASDAQ:SLAB), with a market cap of US$3.8b, are often out of the spotlight. SLAB's financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns.
The stock market had a reasonably good session on Tuesday, with market participants reacting favorably to positive news on the domestic economic front despite worries from overseas over the long weekend. Middleby (NASDAQ: MIDD), Tile Shop Holdings (NASDAQ: TTS), and Uniti (NASDAQ: UNIT) were among the worst performers. Shares of Middleby dropped 7% after the maker of kitchen equipment said that its chief executive officer would retire effective immediately.
Since BHP Group (ASX:BHP) released its earnings in June 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 45% in the upcoming year relative to the past 5-year average growth rate of -30%. Currently with trailing-twelve-month earnings of US$6.6b, we can expect this to reach US$9.6b by 2020. I will provide a brief commentary around the figures and analyst expectations in the near term.
FOX Business' Jeff Flock on the impact of Illinois' proposal to tax private retirement funds to pay for public workers' pensions.
In a letter to shareholders, Musk and his chief financial officer forecast as many as 400,000 total vehicle deliveries this year. But within hours, the CEO told an analyst on Tesla's earnings call to expect sales for just the Model 3 to reach as many as 500,000 units in 2019. To Musk's credit, Tesla did make substantial progress in mass-manufacturing electric vehicles last year, after overcoming the “production hell” he predicted the company would go through starting in the fall of 2017.
Canadian marijuana producer Canopy Growth might not have enough weed stocked up to keep its grip on nearly a third of the nation's legal cannabis market, GMP Securities said Tuesday in downgrading the stock. Canopy Growth stock fell, while other marijuana stocks were mixed in midmorning trading. GMP Securities analyst Martin Landry, in a Tuesday research note, said he was concerned about Canopy Growth's shrinking inventory levels, saying they could "impair its ability to sustain its near-term growth."
Evidence that the Kandi Electric Vehicles Group Co., Ltd. (KNDI JV) should be valued at $3 billion Let's start with the below table comparing KNDI JV which, to date, has never raised any dilutive outside equity financing, to a sampling of seven well-known (at least in China) China EV Unicorns.. Take a few minutes to absorb this stunning table below and comparing KNDI JV to seven China EV Unicorns. Note that the “other seven” have already raised $11.6 billion in Private Equity and have a perceived value of $25.8 billion!!
What happened Most gold stocks delivered impressive gains today after gold prices hit 10-month highs. The run-up in precious-metals prices comes on the heels of multiple news items, most notably a report from the World Trade Organization showing an important indicator of global trade in goods hit a nearly 10-year low. When the economy slows down -- or is at risk of doing so -- investors tend to seek out more exposure to gold.
Considering that Enbridge (NYSE: ENB) has completed several billion dollars in asset sales in recent quarters and consolidated all of its subsidiary partnerships under one roof, this was a rather impressive fourth quarter. The company saw a significant boost to its bottom line thanks to several major capital projects going live this past year, and now management has laid out a plan to keep up that pace for several years. Here's a brief rundown of Enbridge's most recent results and what irons management has in the fire to keep the North American energy infrastructure giant growing well into the future.
Cisco Systems (NASDAQ: CSCO) and Microsoft (NASDAQ: MSFT) both provide essential services for companies around the world. Both Cisco and Microsoft have outperformed the S&P 500's return of about 50% over the last five years. Cisco stock is up 120%, while shares of Microsoft have gained 183% over that time. We'll compare both companies' financial fortitude, valuation, dividends, and competitive moats to determine which is the better buy for investors today.
FuelCell Energy, Inc. s (NASDAQ:FCEL) released its most recent earnings update in October 2018, which confirmed that losses became smaller relative to the prrior year's level – great news for investors Below is a brief commentary on my key takeaways on how market analysts perceive FuelCell Energy's earnings growth outlook over the next couple of years and whether the future looks brighter. Note that I will be looking at net income excluding extraordinary items to get a better understanding of the underlying drivers of earnings.
ExxonMobil's (NYSE: XOM) turnaround is starting to bear fruit. Here's what is starting to go right for Exxon and why even-better days are ahead. Oil production fell 1.7% in 2017 after falling 1% in 2016, and continued to decline through the first half of 2018.
It's not going to be a great year for the automotive industry, either in the U.S. or globally, and the latest results from BorgWarner (NYSE: BWA) bear that out. The automotive equipment company expects its end markets to decline between 2% and 5% in 2019, and organic revenue growth is going to be hard to generate. On the other hand, BorgWarner has a well-earned reputation for outperforming its industry, and management highlighted its backlog as a source of growth.
Copper prices surged to a seven-month high on Tuesday, buoyed by hope for a U.S.-China trade deal and a dramatic rebound in the flow of credit in China. While the Dow Jones, S&P 500 and Nasdaq saw modest gains on the stock market today, the breakout of copper prices may be a confirmation signal to Wall Street bulls betting that 2019 will be a rerun of 2016. Back then, the global economy briefly appeared headed for a stumble as financial markets swooned in early 2016.
Chip-design software firm Cadence Design Systems (CDNS) late Tuesday easily beat Wall Street's targets for the fourth quarter. The Cadence earnings report sent the company's stock soaring in extended trading. Analysts expected Cadence earnings of 48 cents on sales of $551 million, according to Zacks Investment Research.
For one, it should insulate U.S. shale oil production from swings in crude oil prices. That should provide a more steady supply and keep a lid on gasoline prices. And shale oil from the big oil companies will contribute to total U.S. oil production hitting record highs, helping America to become a net oil exporter on a sustained basis for the first time in decades.
So, that's our financial report for the fourth quarter and the full year of 2018, as well as our outlook for 2019. We were very pleased to finish the year with solid results and we look forward to reporting more progress in the coming quarters. With that, I'll turn it back over to Paul.
Energy Transfer (NYSE: ET) hit the financial accelerator during the third quarter as it benefited from recently completed expansion projects. That trend should have continued in the fourth quarter, but its recent earnings growth is just one of the things investors should focus on when the pipeline giant reports results later this week. Look for continued high-octane earnings growth.
Shares of regional telecom services company Windstream Holdings (NASDAQ: WIN) and its former subsidiary, networking infrastructure manager Uniti Group (NASDAQ: UNIT), had a hard day on Tuesday. In the morning session, Uniti's stock fell as much as 46.4%, and Windstream's shares took a 72.1% haircut at worst. Hedge fund Aurelius Capital Management filed a notice of default against the telecom in 2017, arguing that the spinoff action that created Uniti Group was a breach of the covenants regulating a bond deal between the company and the hedge fund.