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Stifel financial: hold rating as wealth advisory grows but investment banking struggles
Stifel Financial gets hold/neutral rating, in line with the quant system rating. Positives: dividend stability & growth, reasonable valuation (P/B, P/...
September 10, 2023, 9:47 pm
Canada employment grew 39.9 in aug, unemployment rate steady at 5.5%
Canada employment grew 39.9k in August, well above expectation of 20.0k. Unemployment rate was unchanged at 5.5%, below expectation of 5.6%, stabilize...
September 8, 2023, 12:37 pm
10x genomics: recent performance amplifies my bullish conviction
10x Genomics reported impressive Q2 performance with revenue growing by 28% yoy to reach $147M. The com...
September 8, 2023, 10:46 am
Trane technologies: a good buy at current levels
Trane Technologies has strong revenue growth prospects driven by a strong backlog, secular megatrends, stimulus funding, and M&As. The company's reven...
September 8, 2023, 2:41 am
Japan cash earnings growth slows to 1.3% yoy, real wages down for 16th month
In July, Japan experienced slowdown in growth of labor cash earnings, recording increase of 1.3% yoy, a figure notably below expectation of 2.4% yoy. ...
September 8, 2023, 2:09 am
Primoris services: strong momentum is driving investor value here
Primoris Services Corporation has shown strength in its top line, with a significant increase in backlog and revenue growth of 38% YoY. PRIM operates ...
September 7, 2023, 10:35 pm
Bitcoin's summer slump: why august was a nightmare for crypto exchanges
August turned out to be not only an unfavorable month for the prices of major cryptocurrencies but also for the performance of the largest exchanges. ...
September 7, 2023, 3:32 pm
Genesco: promising initiatives, but upside is limited
The company's revenue decreased by 2.3% YoY, while adj. operating loss (% of revenue) reached 1.9%. The decrease in growth rates and profitability in ...
September 7, 2023, 10:33 am
China’s exports and imports continue to contract, yuan weakness persists
In August, China reported a fourth consecutive monthly contraction in exports, dropping -8.8% yoy to US...
September 7, 2023, 4:29 am
Aud/usd remains below 0.6400 after aussie downbeat data, focus shift to rba lowe speech
The Australian Dollar (AUD) experienced minor support due to Australia’s upbeat Gross Domestic Product (GDP) for the second quarter released on Wedn...
September 7, 2023, 2:29 am
Economic calendar in asia 07 september 2023 - china trade data, rba gov lowe speaking
Chinese trade data for August is due today. Its listed at 0300 GMT but that time is variable for this data point, any time around there is a good bet....
September 6, 2023, 8:13 pm
Eurozone ppi down -0.5% mom, -7.6% yoy in jul
Eurozone PPI fell -0.5% mom -7.6% yoy in July, versus expectation of -0.6% mom, -7.6% yoy. For the mont...
September 5, 2023, 9:07 am
Nature's sunshine products: revenue growth resumes
Nature's Sunshine Products' revenue increased by 11.9% YoY, while operating margin reached 6%. Rising prices for the company's products and strong tra...
September 5, 2023, 1:19 am
Asml: a long-term investor's gem despite global challenges
ASML once again delivered strong performance in Q2, achieving a revenue growth of 27% YoY, while continuously expanding operating margin. The company ...
September 4, 2023, 10:44 am
Zscaler likely to post strong 4q growth as adoption of its security platform continues to scale
Zscaler Inc. (NASDAQ:ZS) is likely to reveal a strong rise in revenue and earnings when it reports fourth-quarter results after the closing bell on Tu...
September 4, 2023, 10:16 am
Goldman sachs maintains buy rating, with strong dividend growth & capital strength
Goldman Sachs Group (GS) buy rating from May maintained, in line with analysts' & Wall Street consensus. Positives: dividend growth, capital strength,...
September 3, 2023, 1:31 pm
Stonex group: strong quarter should fuel share price appreciation
StoneX Group Inc's share price has barely grown in the last 12 months, but its bottom line showed a 37% yoy ...
September 3, 2023, 8:40 am
Camden national: attractively valued but margin is a cause for concern
After a disappointing first half of the year, I've decided to reduce the margin estimate for 2023. I'm now expecting earnings to dip by 19%...
September 3, 2023, 4:56 am
Game on: 3 sports betting stocks ready for a fall surge
Americans' fondness for gambling is evident as a record 50 million engaged in Super Bowl wagers, spending $16 billion! The 2023 Super Bowl betting sur...
September 3, 2023, 3:00 am
Eur/usd – the fed could not have hoped for a better week of us jobs data
Average hourly earnings 0.2% (MoM), 4.3% (YoY) If you’re a Federal Reserve official, you’ll find it hard not to be very pleased with the way this ...
September 1, 2023, 3:05 pm