Category: Global Equity

Global Equity

U.S. TREASURIES: Prices Push Higher on Solid Auction -10-Year 2.723%

U.S. Treasury prices got a bounce on an impressive $21 billion reopened 10-year auction, which saw solid demand across all measures and sent the 10-year into the leader position to slip to the 2.717% yield. The high-yield came in at 2.729% when traders had been looking for a mid-range of 2.74%, indicating buyers were willing to take about one basis point less of a payout … Continue reading U.S. TREASURIES: Prices Push Higher on Solid Auction -10-Year 2.723%

Jason Knox
Analysis, Diversified Tech, Featured, Finance, Global Equity, Internet, Software

Uncertain Times: Navigating the Wild World of Inflation

I always love to talk about personal finance with my friends and family. And as a wise man once told me 😉, “Personal finance is like a box of chocolates; you never know what you’re going to get.” But recently, the same word keeps coming up repeatedly: “inflation”… A compelling fact is that my $100 bill from three years ago has now shrunk to more … Continue reading Uncertain Times: Navigating the Wild World of Inflation

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

PNC Poised For Strong Third Quarter

PNC Financial Services Group reported net income of $1.1 billion, or $1.99 per diluted share, for second quarter 2013 compared with $1.0 billion or $1.76 per diluted share for first quarter 2013. There were some one-time items, including securities gains ($61 million), gains on sale of Visa V stock ($83 million), and lower loss provision due to the better than expected improvement in commercial credit … Continue reading PNC Poised For Strong Third Quarter

Adam KeintzelLeave a comment
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, Global Equity, Services Sector

WR Announces Cost Cutting Initiative

Westar management announced a cost-cutting initiative via employee reductions to save $16 million annually (roughly 3% of total operating and maintenance and selling, general, and administrative expenses) beginning in the fourth quarter of 2012 and extending through the third quarter of 2013, given continued economic weakness and soft customer growth. Westar filed an abbreviated rate case in April 2013 to recover $335 million of its … Continue reading WR Announces Cost Cutting Initiative

Ryan HoltzLeave a comment