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We now know exactly how much all the WeWork drama of the past few months cost SoftBank, one of its largest investors. As Investor’s Business Daily reports, SoftBank has reported a quarterly loss of … Read more
arstechnica.com/information-technology/2019/08/isp-frontier-is-failing-so-badly-it-wont-take-questions-from-investors/ Frontier Communications yesterday reported lower revenue and a $5.45 billion goodwill impairment charge, and it warned investors that its revenue will continue to decline in future quarters. Frontier’s financial … Read more
Company’s American depositary receipts drop more than 7% Board authorizes new $1 billion share repurchase program Baidu Inc. posted a loss for the first time since going public in 2005 as … Read more
A quick reversal could reverse the slide in economic growth, but the lags are long. It appears that history is being repeated – too tight for too long, slower growth, … Read more
On January 16th, 2019 Goldman Sachs enjoyed the best trading day in decade, on the back of fourth quarter results that far exceeded analyst expectations. These are the first set … Read more
by chartr Made this in response to the (mostly positive) feedback on the supermarket margin chart. A few people requested doing one on a higher margin, slightly more interesting company. … Read more
via Zerohedge: The parade of weak bank earnings continued on Tuesday when UBS, one of the first major European banks to report, announced that it had missed analysts’ profit estimates … Read more
$SPX quarterly candle is absolutely horrifying pic.twitter.com/wi3NMCoGVR — Alastair Williamson (@StockBoardAsset) December 18, 2018 The quickening has begun…”There can be only one!” $TSLA $TSLAQ Chart courtesy of @Alpaca_asks pic.twitter.com/vfuBK3JVwJ — … Read more
Consumers plan big holiday spending despite drop in economic optimism from CNBC. via CNBC: The percentage of Americans viewing the economy as excellent or good dropped 8 points to 50 … Read more
by ghostofgbt I took 10 years of quarterly income statement data from the major FAANG companies and used EchartsJS to visualize it in 3D. I had a lot of fun … Read more
by Tom McClellan We are in a time when “normal” relationships are not working, and when any slight hint of misperformance is getting punished. So it is fascinating to see that … Read more
VERY disturbing. Why does President Trump want to end quarterly reports and move to every 6 months? HERE, believe it or not, CNBC got it right. It helps corporate investors … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Tesla never ceases to astound with its hype and promises and with its results that are just mindboggling, including today when it reported its Q2 “earnings” – meaning … Read more
via CNBC: Jamie Dimon, the chairman of the Business Roundtable, said the group of CEOs has thrown its support behind companies backing away from the practice. “When companies get where … Read more
via byMike Mish ShedlockSaxo Bank provides an ominous economic outlook in its second quarter report. What follows below are snips from a 35-page report by Saxo Bank. I condensed the report … Read more
by GoldCore – London house prices fell by 3.2% in the first quarter – Halifax – Brexit, financial and geo-political uncertainty lead to falls – Excluding sale of seven £10m-plus … Read more