April 16, 2017: Sell Broadcom for a 19% win in 84 days and congrats if you made money on the trade.
March 01, 2017: Broadcom Ltd reports Q1 EPS of $3.63 versus the $3.48 estimate. Revenue also beat coming in at $4.14 billion versus the $4.06 billion estimate.
CEO Hock Tan said, “We had a (Read More….)
March 05, 2017: Bird Flu said to have been found on Tennessee Farm contracted to Tyson Foods; 71,500 Birds to be culled. South Korea Agricultural Ministry bans imports of poultry from the US due to bird flu. Reportedly no people were affected in that outbreak, which was primarily of the H5N2 strain. The risk of (Read More….)
February 9, 2017: Live Ventures reports Q1 EPS of $0.71 versus the $0.06 estimate YoY. Revenue also beat coming in at $32.1 million versus the $20.1 million estimate YoY.
January 24, 2017: Dennis Gao, Board Member and Audit Committee chair at Live Ventures Incorporated, has purchased 12,671 shares of Live Ventures stock for an (Read More….)
January 20, 2017: Seeing heavy call activity on Hain Celestial. February calls are active again at more than 8x average daily volume.
December 12, 2016: Hain Celestial Group is coming off of a double bottom on takeover rumors that are circulating. The rumor is that GIS could be a possible suitor. Takeover rumors have been (Read More….)
December 22, 2016: Piper Jaffray/Simmons initiates coverage of Vericel Corporation with a rating of Overweight, and a price target of $6.
December 13, 2016: The FDA approves Vericel’s Maci for the repair of symptomatic, full-thickness cartilage defects of the knee in adult patients. Maci is the first FDA-approved product that applies the process of tissue (Read More….)
December 6, 2016: Volaris reports that on November 30th, Volaris Costa Rica was officially launched with two daily scheduled operations on the San Jos-Guatemala route.
Volaris also reports their November 2016 load factor was up 2.8% year over year.
November 10, 2016: Vuela Aviación S.A., a subsidiary of Volaris, announces that Volaris Costa Rica has (Read More….)
Hope Bancorp’s stock chart looks like a sweet entry off a long lower shadow hammer flush off the 200 day moving average.
The stock trades at a hot P/E ratio of 13.6 and a forward P/E ratio of 11.3.
The annual EPS growth for the last five years is an incredible +42.2%. Annual revenue (Read More….)
As earnings season kicks off, banks are set to report next week for the quarter ending June 30, 2016. Banks revenue has been falling for years as I wrote about here.
We know that Brexit made the situation worse for banks, but that will not factor in until next quarter.
Below is an interactive chart (Read More….)
U.K. commercial real-estate funds are preventing people from cashing out. UK commercial property investors are frozen in their trades after a record number of people have cashed out since the Brexit vote.
An estimated $12 billion of investors assets are now frozen. Golly gee, that’s not going to create a panic!
M&G Investments, Aviva AV, (Read More….)
The UK Brexit vote fallout continues in after-market hours in the U.S. with the UK pound hitting its lowest level since 1985.
The benchmark UK 20 year bond yield has plunged to 1.45% as investors race into the safety of government bonds.
The BOE is giving serious consideration as to how it can (Read More….)