Home Depot’s Q4 net profit rose 29% $1 Billion or $0.68 per share on revenue of $18.2 Billion, an increase of 13.9%. The company also announced plans to repurchase up to $17 Billion in stock and raise its dividend 35% to $0.39 a share. However Home Depot did reduce its forecast for this year […]
Home Depot $HD profit hits $1 Bln (SiAlpha NEGATIVE Short-term rating) Read More »
All major US indices fell on the day with S&P500 $SPY leading the way down with a 1.83% drop to close decisively below the 1,500 mark. Falling markets led to a surge in VIX “fear index” $VXX which jumped over 13%.
S&P falls 1.83%, VIX “fear index” surges Read More »
$8.6 Bln flowed into equity funds last week for 13th consecutive weeks of positive inflow. This is the longest streak of money inflow in almost 13 years! Where did all the money come from? $32 Bln of redemptions from money market funds. A little late to the party? Source: BAML
$8.6 Bln Flowed into Equity Funds Last Week Read More »
China’s customs administration reported last month that the country’s trade in goods in 2012 amounted to $3.87 trillion surpassing the US which had total trading volume of $3.8 trillion as measured by the sum of exports and imports of goods.
$3.87tn – China officially largest trading nation Read More »
Viewers of CNBC got quite an entertaining interview yesterday courtesy of anchorwomen, Maria Bartiromo. She rightly so put Maryland Senator Ben Cardin on the spot in a live interview by coming out swinging “Are you guys just incompetent, or what?” This is in response to Republican House leaders failing to get a vote held on a
Maria Bartiromo Lashes out at Senator Read More »
