Category: Consumer Goods

Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Services Sector

First-Quarter Earning Surge at Arch Capital

A benign quarter of weather-related catastrophe events as well as strong favorable reserve development provided a surge in first-quarter earnings at Arch Capital Group. Both primary and reinsurance lines reported favorable reserve development, but the reinsurance segment provided the bulk of it, reducing the combined ratio by 16 points to 79%. Favorable reserve development also helped the primary insurance combined ratio dip below 100%, resulting … Continue reading First-Quarter Earning Surge at Arch Capital

John MeadyLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Popular, Services Sector

Spark Infrastructure Reports Impressive First Half Results

Spark Infrastructure reported a solid first-half 2013, with earnings before interest, tax, depreciation and amortisation, or EBITDA, increasing 11% to AUD 340 million on a proportional basis. Growth was driven by substantial tariff increases to recover increased investment, partly offset by lower volumes. Regulated asset base (RAB) grew 9% in the past year and will continue growing robustly in coming years as investment continues. Spark … Continue reading Spark Infrastructure Reports Impressive First Half Results

Kristen BartonLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Popular, Services Sector

IPG Reports Organic Revenue Growth of 2.2% in the Second Quarter

Interpublic reported organic revenue growth of 2.2% in the second quarter, on par with the first quarter as the company rebounds from client losses in 2012. With expected clients wins starting to flow through in the third quarter, the firm is on track to meet its 2%-3% organic revenue growth forecast for 2013. Interpublic is battling a tough macroeconomic environment, especially in Europe, where it … Continue reading IPG Reports Organic Revenue Growth of 2.2% in the Second Quarter

Jason KnoxLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

Bendigo Bank Looks Ahead to Earnings Report Next Week

Bendigo Bank is set to report full-year fiscal 2013 results on 19 August. Analysts are forecasting 2013 earnings per share of AUD 88.4 cents, up 5% from 2012. Underpinning our optimism, is an expected decline in bad debts and a rosier outlook within both wholesale and retail funding markets. Morningstar is forecasting full-year dividends of AUD 60 cents per share (100% franked). Notwithstanding positive fundamentals, … Continue reading Bendigo Bank Looks Ahead to Earnings Report Next Week

Mark DoerrLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

Estee Sees Sales Increase 7% in Quarter

Estee Lauder has not been swayed by slowing global economic growth or competitive pressures, as evidenced by its continued top-line growth and margin expansion. Fourth quarter sales popped 7% (excluding foreign currency movements)–even more impressive as it came on top of 12% growth in the year-ago period. Investors were encouraged the firm is decentralizing innovation efforts to ensure its products resonate with consumers around the … Continue reading Estee Sees Sales Increase 7% in Quarter

Kristen BartonLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

Arrium Sees Jump in Share Price Despite Weak Earnings

Arrium’s share price was pushed up by 17% on the day of their earnigns results though many analysts do not share the market’s enthusiasm. Adjusted profit increased from AUD 143 million to AUD 168 million but quality remains poor. Profit was boosted by an interest rate on sizable, mainly U.S dollar denominated debt, of less than 5%, a reported tax rate on adjusted pretax profit … Continue reading Arrium Sees Jump in Share Price Despite Weak Earnings

Mark DeFranceLeave a comment