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$WAC down nearly 20% on EPS of $0.64 compared to analyst estimate of $0.67. Really? Mar 19, 2013
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Why did FMER plunge 11.3% today on news of CRBC acquisition? In my opinion a pretty good deal. Sep 13, 2012
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LULU cools down a little after soaring 13% on Friday on strong $0.39 EPS versus analyst estimates of $0.31 Sep 10, 2012
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Encouraging Results Of Abenomics
In the first three months of 2013, Japan's economy grew by 3.5%, a solid beat of the 2.7% analysts were expecting. Now, initial reports are coming out that Japanese Core Machinery Orders are up 14.2% in March, destroying the 2.5% analyst estimates. This has been coupled with a huge stock market rally; the Nikkei recently broke through a 5-year high. Despite the initially encouraging news, it would be premature to pass decisive economic judgment on the effect of Abenomics right now.
China's Flash PMI Heavily Disappoints
Early indicator of manufacturing activity and overall economic health falls to 2-month low of 50.5 in April compared to 51.6 in March and analyst estimates of 51.5
Hard Times In Britain
Especially for the poor: 170% increase in number of people in Britain receiving emergency food rations last year.
Yep. Austerity's working to get the UK out of its slump alright.