Financial Review

All Talk

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-16-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Dow has best day in months. China will talk about trade. Turkey continues meltdown. EM struggles. Walmart rules. Nordstrom racks a beat. JC Penney hardly worth a penny. Financial Review by Sinclair Noe for 08-16-2018

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Financial Review

8 Straight

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-03-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..S&P 500 slides for 8 straight. Brexit sent to parliament. Productivity increase, finally. ISM service sector slips. Factory orders up. Jobs report tomorrow. Generic drug makers under investigation. UPS couldn’t quit cigs. Charge up across America. Other stuff up for a vote. Financial Review by Sinclair Noe for 11-03-2016

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Financial Review

Jump Into Earnings

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-21-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW – 85 = 17,949 SPX – 3 = 2097 NAS + 19 = 5014 10 YR YLD + .02 = 1.92% OIL – 1.12 = 56.26 GOLD SILV This is one of the busiest weeks for earnings reports, so let’s jump in with both feet.   IBM delivered its 12th straight quarter of declining revenue, but they beat earnings expectations because they proved that even if they aren’t the masters of technology, they are masters of financial engineering; one way to boost earnings per share – reduce the shares outstanding with stock buybacks. At some point the strategy has a flaw, but that is for another day.   We’ve known that a stronger dollar would hurt US companies doing business overseas, but we rarely think about reversing that equation. The weaker euro boosted revenue at German business software maker SAP in the first three months of the year and drove operating profit up 15 percent. First-quarter revenue rose 22 percent to 4.5 billion euros, at the top of market forecasts. At constant exchange rates sales rose 10 percent.  First-quarter operating profit, excluding special items, rose to 1.06 billion euros ($1.13 billion), matching estimates. Excluding the effect of currencies, SAP’s operating profit dropped 2 percent.   Chip designer ARM Holdings supplies Apple’s iPhone. Arm said first quarter profits rose 24%, beating forecasts. Chief executive Simon Segars said: “As the world becomes more …

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