AutoNation Matches Consensus

AutoNation reported second-quarter results that matched consensus EPS expectations of $0.73 while revenue of $4.4 billion exceeded consensus expectation of $4.3 billion. Analysts  intend to raise the  fair value estimate to account for higher revenue growth and AutoNation capturing slightly more market share than we currently model in our five-year forecast period.  The results show that the U.S. auto recovery continues at a strong pace … Continue reading AutoNation Matches Consensus

ALV Stronger Than Predicted

Autoliv reported stronger than expected second-quarter earnings per share of $1.48, besting the Street consensus by $0.10 and $0.09 higher than the year-ago $1.39 EPS. Owing to an anemic European new car market, analysts were also expecting Autoliv to report flattish earnings for the quarter. The company’s like-for-like European revenue increased by 4% compared with a 4% decline in new car registrations. Management also raised … Continue reading ALV Stronger Than Predicted

Digital Assets and Estate planning

The digitization of our world has had profound impacts on every industry regardless of its operational model. For private citizens, daily life is now filled with digital norms like internet banking, social media, streamed entertainment, and even health consultations. One facet that remains somewhat murky though is legal implications. In many cases, the rapid development and uptake of digital technology has happened so quickly that … Continue reading Digital Assets and Estate planning

STERV Sees Loss in Paper and Writing Segment

In the second quarter, Finnish forest products company Stora Enso had a surprising loss in its Paper and Writing segment. Even though the secular headwinds for publishing paper in Europe are well known, Stora had previously been able to turn a consistent profit in the business in recent years. Management says it is stepping up its cost-cutting efforts in response to the loss, but many … Continue reading STERV Sees Loss in Paper and Writing Segment

What Do Users Want from Microsoft Windows 10?

It’s been a week since Microsoft Corporation (NASDAQ MSFT) unveiled the Windows 10 Technical Preview. Early users have started sending feedback, and they want the software giant to address several issues. Of course, Windows 10 is a huge improvement over Windows 8. But users want to see certain changes before final version of the new OS is unveiled next year. Many users have suggested the … Continue reading What Do Users Want from Microsoft Windows 10?

Bitcoin News: Romania Crosses Over 800 Bitcoin Payment Terminals

Bitcoin is now available at 874 self-service payment terminals across Romania, thanks to a partnership between ATM operator Bitcoin Romania and terminal network operator ZebraPay. The ZebraPay terminals will allow customers to buy bitcoin at a 4% commission on prices taken from the Cointrader exchange. The terminals are one-way, so customers can only trade their Romanian leu for bitcoin. The terminals do not require customers … Continue reading Bitcoin News: Romania Crosses Over 800 Bitcoin Payment Terminals