April 19, 2017: Abbott Laboratories reports Q1 EPS of $0.48 versus the $0.43 estimate. Revenue also beat coming in at $6.34 billion versus the $6.11 billion estimate.
The CEO Miles D. White said, “Our first quarter results reflect a strong start to the year. The integration of St. Jude is going well and recently (Read More….)
Deutsche Bank may be on the verge of collapse. Last week Deutsche Bank reported Q2 2016 earnings of 20 million euros which is a 98% drop in earnings year-over-year.
In 2015, Deutsche Bank announced its first full year of loss since the 2008 recession.
Deutsche Bank’s stock is down -60% over the last year (Read More….)
The yield curve continues to flatten at an alarming rate. The spread between the two years and the 30-year bond is the lowest since 2008.
In a note to clients, Deutsche Bank writes…
Since the UK referendum the US yield curve has flattened to new post-crisis lows… This relentless flattening of the curve is (Read More….)